We’ve heard these phrases many times — think before you act, look before you leap, and so on. The key theme behind these phrases is Planning. Planning allows you to: Identify and define what you want to achieve How you are going to achieve the desired outcome? Essentially, what are the steps to get there?… Read more
The Alphabet P
The alphabet P is a pretty powerful alphabet among the English alphabets. According to the post “which English letter is the starting letter for the maximum words?”, the alphabet P is only 2nd with about 24,472 words, among all the 26 letters in English. There are other estimates that put the count of words starting… Read more
Never underestimate the spirit of a true entrepreneur
If you have been paying attention to the many inspiring stories of today’s renowned entrepreneurs, you will notice that they did not become successful overnight. You can learn how to start a business by looking to those nurtured their entrepreneurial skills by fixing and building gadgets in their garages and basements. They were selling lemonade… Read more
The importance of Partnership in business
The partnership is crucial to the growth of any business venture. Merchants and traders from time immemorial have made use of the principle of a strategic partnership to conduct their businesses; the trend is still very much applicable today. A partnership manifests itself in different forms, ranging from business owners cooperating to invest in a… Read more
The Power of Perspective
As iron sharpens iron, so one person can sharpen the skills of another. It’s natural for humans to look at a problem from only one perspective – our own. However, looking at a problem from multiple perspectives and angles enables teams to develop better solutions and resolve any conflicts. Embracing external perspectives Businesses must continually… Read more
Pivots: Why & When?
Most startups go through a “pivot” stage to find the right target customer, market position, and value proposition for their business. This article describes how companies typically identify opportune pivot times. A pivot is change in strategy without a change in vision. Eric Ries Market are subject to change. Business must constantly evolve to satisfy… Read more
How does Passion Drive Product Development?
Passion is arguably the most important intangible element that drives an entrepreneur, enabling them to remain focused on product development during peaks and troughs. If you aren’t passionate about the product you want to introduce in the market, the product is bound to fail even before it is introduced. And if you lose passion at… Read more
How Smart People Using Good Processes Create Great Products
When you start your own business, you need to refine your idea and write a business plan in order to create something grand and great; a handful of good, smaller pieces have to work together to get to the best possible final outcome. In business, the road to entrepreneurial success can be long. It takes… Read more