Entrepreneur

Competition is not a bad thing. In fact, competition in business is a very good thing. It is the very first signal that a particular business niche is profitable. It’s the very reason most companies are still in business. Most times when entrepreneurs analyze their competition while carrying out a …

During the press conference to announce NOKIA being acquired by Microsoft, Nokia CEO ended his speech by saying this “we didn’t do anything wrong, but somehow, we lost”. Upon saying that, all his management team members, himself included, wept sadly. Nokia has been a respectable company. They didn’t do anything …

I have come to notice that most people have a financial situation where they get little money flowing, and then when they fail to be active in the process, the money stops flowing. It is not about having income today, tomorrow and next week; it is about securing stable income …

Robert Kiyosaki noted that “most of us have heard of Murphy’s Law: anything that can go wrong will go wrong.” Most entrepreneurs fail because they simply do not know what they do not know, and they fail too fast enough to discover those things they need to know. In other …

Generating Business Financing These are ways to generate funds (capital) to start our business. Personal Savings Family and Friends Other People’s Money (OPM) Bank Loans Partnership Selling some assets Government grants such as Bank of Industry (BOI) Donations and sponsorship Mentors and Angel Investors Excerpts from the Question & Answer …

I came to realize that while personal success is fulfilling, it is much more fulfilling when you help many others create their own success as well. The idea is not only you becoming rich, but also finding ways to help others become rich. Little wonder, George Lucas said “you will …

The number of people living in poverty is rising rapidly without exception for the young and old. Many of the African retirees do not get their pension when due. The number of new bankruptcies is going through the roof. Wealth is not the same thing with money. They are two …

An Entrepreneur is someone who tries out new combination of products, process, markets, organizational forms and supplies. “Entrepreneur is someone who always search for change, responds to it and explore it as an opportunity” – Peter Druker Entrepreneurship is a critical factor for National Development and Economic Growth. Qualities of …

The truth remains that I failed so I could succeed. In the school of success, failure is a course that cannot be exempted. If you must succeed, then you must be prepared to fail. If I failed in order to succeed, it means without the failure I experienced, I would …