Making the decision to become an entrepreneur is one of the most liberating and challenging decisions you will ever make. As the founder of a startup, you are suppose to make difficult decisions and endure several ups and downs, all while dreaming for a better future.
Doing your homework is what is meant by due diligence. It’s critical to know what you ‘re purchasing and what you’ ‘re getting into before committing to an investment. Due diligence can reduce your odds of making a bad investment, paying too much for an investment, and increasing your chances of receiving a return on your investment. As a result, if you’re interested in investing in a startup, you should take a few precautions before purchasing anything or investing in any startup.
The recipe for success is not same for everyone but the elements are similar. \”When something you love becomes work, it fundamentally and unavoidably changes the way in which you interact with it.\”(Scivicque)
Umar Qamar, the founder of Export Leftovers (ELO) started his entrepreneurial journey from his father’s textile business and later on brought the leftover goods from various shipments to online platforms with very low prices and targeted the low-income class with quality products. It became a success story after a while as it was a process …
Bill Gross is a passionate businessman who has founded a lot of start-ups, incubated many others. He is also the founder of IdeaLab. As of June 18, 2018, Gross has a net worth of $2.5 billion, according to Forbes. He got curious about why some startups succeeded and others failed despite the fact that those …
The Single Biggest Reasons Why Startups Succeed | Bill Gross Read More »
Successful innovation happens when an individual or organisation liberates or essentially redistributes value from a competitor by solving a customer’s problem cheaper, better or faster than the competitor does. Tim Kastelle from the University of Queensland Business School argues an idea only becomes an innovation when you: 1. make it real; and2. work out how it unlocks …
Why Entrepreneurs, Intrapreneurs, and Inventors often Fail? Read More »
