Let's quickly consider the story of Whitney Wolfe Herd of Bumble.
Wolfe Herd was an advocate of gender equality sexual harassment prevention she was inspired to create an empowering dating
experience for women which requires women to make the first move in heterosexual matches. This was after she left an abusive relationship in 2014.
She collaborated with Andey Andreev and other people to de...
Keep upskilling and continuously educate yourself.
Education and upskilling is a life-long process. No one knows it all. We keep learning and learning. Just as it's a life-long process, the process is continous.
"Intellectual growth should commence at birth and cease only at death."
When you continuously educate yourself as an entrepreneur, you'll keep unveiling new opportu...
Moving on to the next step;
Choose Your Business name
Your business name helps you stand out from the crowd. It defines your business and helps communicate your business strategy. It is your number one means of identity in the marketplace. It is the major thing with which your customers can identify you.
Your business name should convey the reasons for you creating the business. It attracts c...
After you have written your business plan, you can now proceed to;
Fund Your Business.
This is a very crucial aspect. It is the process of procuring funds necessary for starting, building and growing your business.
For your goals to become a reality, you need funds.
There are various ways to find funding for your business. It can be through;
Grants and gover...
Developers never start projects with a mindset of making a profit, though this doesn’t sound sexy for developers you need to approach projects with that mindset else failure is imminent.
Getting Obsessed with the idea rather than the customer's problems.
Developers should stop thinking or imagining a problem in their heads and do their research before considering their idea as a solution to a...
HOW DO YOU FAST TRACK ATTAINING YOUR DESIRED HEIGHT IN THE BUSINESS WORLD?
You have to:
Write your business plan
Fund your business
Start with a good product
Pick your location
Choose a business structure
Choose your business name
Register your business
Apply for licenses and permits
Open a business account
Invest in insurance
Take advantage of free marketing tools to promote y...
How can you get an experienced mentor to guide you through?
List out the qualities you want in your desired mentor and set goals you look up to achieving.
Network with those around you. Look around to see who you look up to and would like to learn from.
Attend business related events and see who you can connect with.
Once youve identified someone you can learn from, approach them nicely....
Now that you've investigated the market and you already know about the basic needs to be satisfied, you need an experienced mentor or coach for advice, help and guidance so as to succeed. Mentorship is very important in your decision-making process.
Lets tackle that question in your mind.
"Why do I need a mentor or a coach?"
Do not forget that here, you're still an inexperienced entrep...
Building a successful business starts with research.
Let's assume you have no idea about what to venture into and you don't know where to start, the best thing you can do first is to investigate the marketplace. Know and understand the needs of the marketplace so that you can target satisfying those needs and solving those problems thereby building a successful business empire for yourself....
Laziness and procrastination is another limiting factor. Truly, you have a great dream and vision. You have a very good business prospective. But one thing you should realize early is that, inasmuch as you don't take action and do something, you can never amount to something. The actions you take now go a long way in determining how far you'll go in that prospective business of yours. Invest in yo...
In creating a successful business empire, you have to firstly get rid of some limiting factors.
There are a lot of factors that makes it difficult for most people to attain their desired height in business. Some of which will be discussed here.
The mind can be a very great limiting factor.Don't be surprised. When you lack self-belief and delimit yourself, you'll never be able to take a ste...