Tag: risk

Are Routines Killing Your Creativity?

Routines are said to foster creativity. Once you organize your everyday tasks into a routine, you are more likely to complete everything on time. Routines give a feeling of comfort that everything is under control. They make us feel more relaxed and calm when it comes to following the otherwise busy schedule.

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Six Entrepreneurship Mistakes You Should Never Make Again

Have you ever felt like your whole life consists of similar events? If whatever you do, you always find yourself in resembling situations, you may think it is just a coincidence. But don’t forget that your future to a great extent depends on the choices you make today.

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Is There A Need For A Rulebook of Entrepreneurship?

Rules – there are so many of them to follow, so many that we should be careful not to break otherwise we can get in trouble. There are rules that are mandatory to follow; there are rules that can be broken without this to make a big difference.

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3 Reasons For Making Excuses That Hurt Your Business

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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The Most Important Features of Entrepreneurship

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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3 Key Components of Successful Risk Management Strategy

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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Successful entrepreneurs
Three Significant Characteristics of Successful Entrepreneurs

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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5 Ways to Get More Comfortable with Risk-Taking

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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How to Step Out of Your Comfort Zone

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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