Your first business will take your blood, sweat, tears and a lot of unwavering commitment to be anywhere close to significant success. However, even the best ideas, the hardest working people and all the exceptional young minds can also fail if their vision and reasons for becoming an entrepreneur are wrong from the start. Here are a few business tips to help transform your simple idea into a mammoth empire: 1) Build A Legacy Have you ever looked at the Iron Pillar of Delhi and wondered about its pristine condition? A metallurgical wonder. This magnificent iron structure is intact even after 1600 years when it should have turned to a heap of rust years ago. It still stands high and mighty despite through all the extreme weather conditions and dust in Delhi. And the only reason is excellence. Ancient ironsmiths surely made it with a vision to make it last…

A company’s culture is always changing to incorporate the need of the hour. The only constant is that there is no constant here. Yes, you read that right. It cannot be a hard and fast rule or a one- size fits all environment. A lot of factors are at play that eventually decide what kind of values and practices are adopted in an organization. With that being said, there are some simple habits that can be fostered in the short and long run to harbour a positive and motivating culture for employees to work in and customers to observe. Let’s take a look at 5 key components that define the cultural DNA of a company: 1) Make Transparency Your Motto Complete transparency is important for engaging employees. Openness and willingness to share information builds trust among the shareholders, employees and customers. It builds the foundation of an organization through collaboration…

After the advent of the Industrial Revolution, the business world remained the same for almost a century. But then, everything changed. The technology revolution brought about some much needed disruption that the world wasn’t prepared for. It has levelled the playing field and enabled small-businesses to compete with the conglomerates to give them a run for their money. Be it streamlining operations or improving customer service, modern technology is a crucial part of it. The tidal waves of dynamism are reflected by the ever-evolving tech, especially in 2022. In fact, even the entrepreneurs who have been in the game for more than a decade say that the present market is galaxies apart from the business environment during those days. Just go back 10 years and think how different or non-existent things were such as:– Digital marketing platforms such as Instagram didn’t exist. – No Internet of Things(IoT). – Voice searches…

A company’s culture is like its pulse. When the culture suffers, the entire company does. Employees pay close attention to the environment they work in and how it affects them. Moreover, the advent of technology and social media means that a firm amd its culture is being closely monitored by the world at all times. It is important to harbor an organizational culture that benefits all the parties involved. Let’s take a look at why that matters: 1) A company’s culture is its DNA When you think about a company’s culture and things like “good work-life balance” , “constant quality-checks”, “constructive criticism” or “fair pay”, it essentially defines the identity of that company. The identity is both external and internal. It echoes throughout the minds of employees as well as the consumers. It represents how a firm conducts its business and how it treats its employees and customers. 2) A…