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Startup Tips

3 Financial Planning Tips to Make Sure Your Startup Survives

Too many entrepreneurs focus on their idea and not their finances.

If you ever care to closely examine why startups fail, you'll see that the issues include lack of innovation, mismanagement of financial resources, failure to hire the right people, inability to access capital; inability to adapt to changing business environment and immigration ...

by Richard Agu  | July 06, 2017 05:00:00
Run & Grow

Why do Start-ups Fail? Revenue May Be the No. 1 Reason

And the failure to differentiate your product is a key reason for that lack of revenue

Opinions vary as to why start-ups fail. One business publication conducted a study, of sorts, which determined that a lack of need for the product was the number one reason.However, in our experience, most new businesses fail because they don’t generate sufficient revenue to sustain ...

by Doug and Polly White  | December 09, 2016 12:00:00
Startup Tips

Why startups must understand sound symbolism for branding

People judge your brand before they even know what you sell

Take a look at the two shapes below. One of them is a kiki, whereas the other is a malouma. Can you decide which is which?If you described the shape on the left as the kiki and the shape on the right ...

by Ben Simkin  | November 26, 2016 07:00:00
Startup Tips

7 problems preventing your business from being profitable

Low prices, excessive ongoing costs, inconsistent revenues ”" what's your business' core issue?

There are many reasons to become an entrepreneur, but no matter what yours are, even if they don’t include getting rich, your business still needs to generate a profit.Without one, you can’t keep the doors open, and you can’t keep doing what you ...

by Jayson Demers  | November 23, 2016 05:00:00
Business Ideas

46 facts you should know about entrepreneurship (Infographic)

Before embarking on your entrepreneurial journey, check out this handy graphic

Entrepreneurship is on the rise. Today, there are more than 400 million entrepreneurs around the world – that means one in every 18 person owns a business, according to statistics compiled by dealsunny.com.That number is only growing. Many people are leaving their ...

by Rose Leadem  | November 20, 2016 02:00:00
Startup Tips

The 6 questions your business plan must answer

If your product's uniqueness can’t stand up against your competitor's copy, you’re in trouble

The other night we were talking with a group of young people when one person said that she wasn’t able to start a business because she couldn’t qualify for a loan. As you can imagine, several of us chimed in that we didn’t ...

by Doug and Polly White  | November 14, 2016 05:00:00
Startup Tips

Launching a startup in a developing nation: Nigerian entrep shares 3 top lessons

Giving up wasn't an option, even without electricity and internet westerners take for granted

“Starting a business is simple,” my mentor told me. “It all starts with an idea.” I was elated. I was a naive 18-year-old when I started an online business. My entrepreneurial journey has been filled with mistakes, co-founder tussles, near death experiences, stumbling blocks ...

by KC Agu  | November 09, 2016 06:00:00
Business Ideas

Should millennial entrepreneurs start a business or just buy a business?

Don't let startup glamor blind you from the head start in simply buying a biz

With millennials embracing entrepreneurism and career independence more than any generation that came before, nearly every facet of every industry has seen its fair share of new business startups. Although some are more successful than others, they all share one common trait: the ...

by William Craig  | October 18, 2016 04:00:00
Startup Tips

16 tough tips for upcoming self-made entrepreneurs

Whatever your hustle is, we salute you

NOTE: If your dad gave you a loan of a million bucks, or if you went to a private school on mommy or daddy’s dime and are “building a business” now, or if you grew your parent’s wine business from US$ 3 ...

by Andrew Medal  | October 06, 2016 12:00:00
Business Ideas

The highs and lows of startup life

What startup myths are pure myths? And what’s the bottom line?

The allure of entrepreneurship has become so strong in the Philippine startup scene that gone are the days when your youth and inexperience are points against you. After all, if Mark Zuckerberg could create Facebook while he was just a student, and ...

by Zar Castro  | August 05, 2016 05:00:00
Startup Tips

Financial Adviser: Should I reinvest excess cash into the business?

Don't make the mistake of investing excess cash indiscriminately.

Q: The startup business I launched 18 months ago has been doing well. It has generated good profits despite the heavy competition in the market. As the business grows, should I reinvest excess cash from profits into the business? Or should I ...

by Henry Ong  | March 22, 2016 10:00:00
Startup Tips

10 businesses you can start from your dorm room

Check out these 10 ideas for starting a business from the comfort of your own dorm room.

What do Microsoft, Dell, Napster, and Facebook all have in common? Aside from being among some of the most market-shaking companies of the last quarter century, they were all also created by college students. Sure, not everyone can be the next Mark Zuckerberg, but starting a ...

by Hunter Hoffmann  | February 01, 2016 09:00:00
Run & Grow

7 most common challenges of Pinoy businesses

Find out what these successful entrepreneurs did to overcome common business challenges.

“Wala talaga kaming capital,” says Jowee Alviar, referring to his joint venture with fellow UST graduate Mon Punzalan upon graduating from college in 1997.The two Fine Arts majors had one thing on their mind: to build their own design studio. Gathering their ...

by Peter Imbong  | August 27, 2015 08:00:00
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