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…
Be it an amateur business-dreamer thinking about opening his own venture or a seasoned entrepreneur…
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…
A lot of entrepreneurs refrain from taking risks in business. There’s a lot of second-guessing…
The inception of a startup is tough and running it is even tougher. It can leave you emotionally drained and mentally fatigued. That’s when you need that extra spark of inspiration, encouragement and motivation. These top inspirational business quotes will help you out at every stage of your entrepreneurial journey. From Bill Gates and Steve Jobs to Hellen Keller and Tim Ferris, the world is full of brilliant and successful minds that inspire us in their own ways. Here are the ten of my most beloved quotes from over the years: “The fastest way to change yourself is to hang out with people who are already the way you want to be.”— Reid Hoffman, co-founder of LinkedIn “Your most unhappy customers are your greatest source of learning.”— Bill Gates, co-founder of Microsoft “The last 10% it takes to launch something takes as much energy as the first 90%.”— Rob Kalin, founder of Etsy…
Running a startup can be a very risky yet a very rewarding business. It takes a lot of guts, dedication, time and efforts. There’s no pre-defined magical road that leads to success but following in the footsteps of proven startups and their leaders can give you the right start. Successful startups and their founders can vary in their strengths, skills and mindset. However, most of them have a few key traits in common that separate them from the rest of the pack. Here are some of the many traits that successful startups have in common: Understand the Market Before moving forward with ideas and plans, successful startups have always done thorough market research. This can help save a lot of money and time while ensuring that all efforts are focused in the right direction. Having the right product-market fit is important to determine whether your idea is sustainable in the…