Making excuses holds back many entrepreneurs and limits their chances of achieving business growth. By finding reasons not to act on your ideas, avoiding risk and responsibility and sticking to a comfortable routine, you are missing many opportunities and chances to improve and expand your business. Risk aversion and entrepreneurship can never go hand in…
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According to Wikipedia, Entrepreneurship “has traditionally been defined as the process of designing, launching and running a new business, which typically begins as a small business, such as a startup company, offering a product, process or service for sale or hire”. There are many important features of entrepreneurship that must be well-understood by all startup…
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Starting a business is exciting, but also a very risky venture. The opportunities are tremendous, so are the obstacles. This is why the entrepreneurs should determine the biggest risks that they may face and craft an operative plan to minimize their effects. The product, market fit, execution, and financial risks are the four main challenges…
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What does it take to be a successful entrepreneur? Iron will, creative genius and unlimited passion are among the traits possessed by some of the most notorious entrepreneurs of our times. Natural-born entrepreneurial talents are well-recognized – they stand out in every room that they are in. It is easy to spot the innovative thinker…
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Starting a company is extremely risky. The chances that you will struggle to get your business off the ground, that you may lose all the money you’ve invested in (and the money of your investors) and that you could waste your time on a venture that will eventually fail are tremendous. The truth is –…
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The life of an entrepreneur is very colorful and dynamic; it is challenging, busy and often chaotic. Businesses are hard to be built – it takes dedication, the right motivation, hard work and never-ending enthusiasm. Running a startup is unpredictable experience but there is one thing that is certain – it is never boring. But…
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