Business Development Entrepreneurship

Common Mistakes StartUp Companies Make

Common mistakes startup companies make

Common Mistakes StartUp Companies Make:

Starting a business from scratch can be daunting even for the most ambitious entrepreneur. There are a lot of conflicting opinions on what you should be doing, but there are a few things that many founders agree you definitely should not. I’ve put together here a quick list of mistakes to avoid when you’re setting up a start-up.

Picking the Wrong Employees

When founding a start-up company, your employees will be your greatest assets. It’s important to weigh up salary expectations against the skills you require. Often companies will turn to interns as a way of keeping costs low, but if you don’t have the resources to train up junior staff members you could end up costing yourself in the long run. Instead, invest in talent in the areas that will be most important during your early years, such as tech, marketing and customer service.

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Entrepreneurship

Online Stock Market Trading – How Does it Work in 2016?

online stock market trading

Online stock market trading, Blue-Chip style. I began this journey at a pretty early age. Somewhere along the way the allure waned off due to my time and investments taken up by my own start-ups et al, but the interest remains to date. For those that are in a booming economy, this is a fun business and quite a lucrative enterprise. You do require that passion for the math and the ability for risk-taking; more importantly, the ruthlessness for letting a loss go. I do advise from time to time anyone who comes asking where to put in that extra moolah, and it usually is bang on.

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Business Development Entrepreneurship Marketing

What is The Best Retail Pricing Strategy?

retail pricing strategy

Throughout my tryst with e-commerce, I’ve been frequently asked regarding what would be the best retail pricing strategy or strategies to adopt. Now, I know that the Flipkarts and the Snapdeals are worth billions of dollars, but do they pull any profits in yet? Not at the last count, despite being there for several years now. I feel one of the flaws they have is an improper comprehensive retail pricing strategy.

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Entrepreneurship Marketing

Corporate Reputation Management

reputation management

How do you manage Corporate reputation? With an emerging breed of consumers demanding dialogue from businesses and insisting on greater organizational transparency and accountability, image and reputation management for organizations has become harder than ever. It is like having millions of eyes watching over your business and a thousand mouths asserting involvement in the communication process. The challenge now is how organizations establish and sustain a positive and strong brand and corporate reputation in the Internet Age.

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Entrepreneurship Guest Posts

Want to Be Your Own Boss?

How to Be your Own Boss

Let’s face it- you all want to be your own boss. I mean, we all want to invest our time and energies working towards ‘our’ ideal dreams of making a gazillion dollars, living the high life and not having to report to work on time, or salivate like Pavlov’s dogs at the mere mention of the month end salary.

Good, but how? Owning a business seems like the ideal thing to do- but, it’s not for everybody. If you ain’t as disciplined as a trapist monk, as frugal as your grandma, as calculative as a calculator, innovative as a Leonardo Da Vinci clone, or are still fixated on the ‘not having to report to work on time’ comment from before, stick to your day job.

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Business Development Entrepreneurship

What Does It Take to Be an Entrepreneur?

What Does It Take to Be an Entrepreneur?

I always go by the three Ayn Rand basic values to in order to live a full and productive life: reason, purpose and self-esteem.
And yes, over the years countless institutes and individuals have asked the trillion dollar question: What makes an entrepreneur an entrepreneur? What traits or characteristics are inherent to a successful entrepreneur and is one born with those traits? Well, at the very least successful entrepreneurs are born every day!

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Business Development Entrepreneurship

Tips for Pitching to C-Level Executives

C-Level Decision Makers

Pitching to high-level (C-Level) Executives is a pretty daunting task to say the least. Many a great business development exec or even the best sales folks around have proverbially bitten the dust when it comes to selling/pitching to a C-Level Exec, yes.

C-level decision makers are paid to improve their business results. Regardless of how the media portrays these executives, their primary concern is to improve their business. This includes increasing sales, market share, customer loyalty; reducing costs, errors, or employee turnover; improving productivity, employee engagement, customer service, etc.

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Business Development Marketing

Why Organic SEO is the Key to Online Marketing

Organic SEO

For the better part of a decade, a debate has raged on over whether organic SEO (search engine optimization) or PPC (pay per click) is smarter and more fruitful when it comes to online marketing. The reason the debate isn’t more clear-cut is actually quite obvious: PPC (which involves paying a search engine money to bid on targeted keywords) has a lot to lose if big companies with big marketing budgets decide that organic SEO is a better way to market their businesses online.

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Business Development Entrepreneurship

How to Price Your Business Acquisition Right: The Art of Company Valuation

Business Acquisition

In a recent post, I shared some tips for making a business acquisition work successfully and therefore to realize its full value. Of course before you can do that, you have to make the acquisition, which involves an estimation of the target company’s value. In this post, I share some knowledge that will help you to successfully conduct a company valuation and ensure your bid represents an accurate estimate of the target’s worth. But first, you should know some of the most important tenets of valuation when making a business acquisition.

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Business Development Entrepreneurship

5 Tips for Making Mergers and Acquisitions Work

My business life can be divided in two parts: one, is startups that work and are within industries that are in high demand at that moment, possibly to emerge as potential biggies; another is boosting revenues and valuation as we go along the journey with high valued, well-planned mergers and acquisitions that speed up that process.

Whether you see an opportunity to merge your company with another or to acquire a smaller player in your commercial niche, or you decide that you need to find such an opportunity to improve the value of your own organization, getting into the world of mergers and acquisitions can be a lengthy, fulfilling and sometimes risky business.

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