In constructing a house, the first thing that is needed is a blueprint that will outline the plan for the edifice. If you want to put a structure in place, you need to have clear-cut boundaries, floor areas, and the layout of your living space. It’s the same way when building a business. There has to be a plan and an organisational structure that will help support your venture and make it stand firmly.
As a business owner, you are the architect, engineer and chief carpenter of your enterprise. You have to design your business proficiently so that it can withstand the harsh conditions and constant movements of the economic landscape.
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Partnering with charities is commonplace in the business sphere. Although it is not a requirement, it is something that many enterprises have adopted in their culture. Whether it is a personal pursuit of the business owner or a corporate decision, several companies involve themselves with charitable works for various reasons. Not many businesses may have the capacity to help a non-profit, but several of them have been contemplating of doing so when given the right resources and opportunity.
If it has been in your mind but doesn’t know where to start, there are a few tips you may take into account before you commit to a particular cause. For one, you have to assess first your capacity to engage your business with a charitable organisation. Whatever purpose or intent you have for doing it, helping a non-profit is not limited to philanthropy. While you can donate money, you can also make an in-kind contribution, volunteer your or your people’s time and skills, or help spread the word and promote the programs of the charity.
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Theme parks are a child’s paradise. It’s a place where thrill and fun abound. It’s appealing and attractive, but can be quite daunting. The experience of enjoying theme park rides can run parallel to the entrepreneurial journey. Like in the business world, being in an amusement park can fill you with mixed emotions – fear, excitement, wooziness, and satisfaction.
It is interesting that children appear as if they don’t dread the frightening theme park rides. Similarly, young entrepreneurs seem to have less apprehension about entering the business race. Nevertheless, not many may find it enjoyable. Only those who have the sense of adventure will linger and crave for more. True enough, there are joys and anxieties in owning and running a business, which is why it is suitable for those who have the spirit and courage to go through it.
Continue reading “Braving the entrepreneurial roller coaster ride”
Taking the road of establishing and running a business is not an easy course. For the less-experienced entrepreneur, the track comes with full of surprises, not some organised itinerary that you know beforehand. Similar to most journeys, getting ready to embark on an entrepreneurial adventure is the most nerve-wracking part. It is like diving into the unknown, so you have to prepare for the inevitable.
When it comes to travelling, packing is a crucial part of preparation. Whatever you put in your luggage can either help you on your trip or wear you down. Carrying everything you think you need is not always a good idea because it can often hold you back from speeding up your pace. You will find along the way that you can discard some of the things you packed to make things lighter. Choosing the right things to bring and packing them right need strategy to make the experience all worthwhile.
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The entrepreneurial journey and the athletic life have many parallelisms. Similarly, an entrepreneur and an athlete exhibit almost the same qualities that become fundamental in bringing them to their respective goals. They share common features that make them winners and champions.
Athletes and business owners have the determination and drive to face any obstacle or hurdle as they remain focused on the wins. Their passion for their game, their profession, and their team are unequalled. They listen to their coach or mentor, work with their team, and look after their supporters and customers.
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Photographs are part of our everyday life. In this era of selfies, almost everything we do and see is captured and stored in our electronic gadgets, often posted and shared on social media sites. But snapshots serve not only to preserve memories but also as vital tools for communication and an effective one at that.
In business, pictures play an important role in design and brand-building. They bridge companies with customers by depicting various images that can make the brand relate more to people. As new tools become available in the market, the craft has also evolved with more forms and usage of photography.
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If your entire work environment is your kitchen, then you are the chef in the whole business structure. You hold a secret recipe for success, and you have the ingredients that can help you whip a flourishing venture. But you would need some kitchen utensils for you to be able to prepare the food scrumptiously. These are must-haves in your regular operations to help you deliver the necessary food orders to the front of the house.
While cooking may need some special skills, everyone can learn the basics and become masters in their respective kitchens. All you need is the patience to see through the whole process and a keen sense of taste that takes in every detail of the food and culinary yearnings of the diners. They say that food tastes a whole lot better when you put your heart into your cooking. In the same way, the entrepreneurial journey will last long if you have the passion and perseverance to endure the adventure. Whether you strictly follow a recipe or you cook according to your instincts, running a business is also hinged on your style, inclinations and goals. You have to be watchful of the preferences of the market, relying on your gut-feel and entrepreneurial skills, which you can develop over time.
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Learning takes place in many forms and places, not only in classrooms or books. There are other artistic means where individuals and groups can draw lessons and insights for growth and development. One particular medium where entrepreneurs can gain inspiration and motivation is in the film industry. With numerous movies shown each year around the world, there are stories which can teach business owners a few lessons on how they can improve themselves and their ventures.
The movie industry is a rich repository of resources like films that have business angles, which may be beneficial to your entrepreneurial journey. It’s a great way to learning and chilling out, absorbing the story and the lessons behind the stories.
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If an entrepreneur is a social media platform, what would he be? He would be a mix of the popular social media we see these days. As much as every entrepreneur is unique, every social media network also has its respective strengths and interesting features. We can pick a thing or two from each platform and blend them in moulding the qualities of a business owner.
Let’s merge these social media features with the characteristics of an entrepreneur and see how it will develop. So, familiarise yourself with each platform and learn how you can utilise them in your business.
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What is an entrepreneur? Dictionaries describe an entrepreneur as someone who starts and runs a business venture. However, every entrepreneur may vary from one to another, depending on their capability, preferences and work style. Still, business owners need certain qualities to help them through the stumbling blocks and challenges that the entrepreneurial journey poses to them.
Let’s spell out the makings of an entrepreneur and see how each quality can help a business owner grow and develop. These are characteristics that you can learn to cultivate in yourself or your team members. Other entrepreneurs who have been on the journey for quite some time have exhibited these qualities or have cited them as among the important tools for the survival and longevity of one’s career in business.
Continue reading “An entrepreneur spelled out”