Do you think of starting a business? Think well. Every month in the US, based on DocStock data, 500.000 start-ups make their appearance in a variety of markets. Most of them maintain a really short duration frame from 3-6 months. The main reason for these statistics appears to be the lack of product uniqueness or in other words the USP. There are a lot of questions that an entrepreneur needs to ask himself/herself before starting a business. Am i ready for it? Do i have enough savings and time? Are my ideas fund-worthy? Are some of the most commonly heard ones. Most important of these questions though, appears to be the reason why an entrepreneur wants to start a business. Continue reading
Jobs quoted the farewell message placed on the back cover of the 1974 edition of The Whole Earth catalog.
“When I was young, there was an amazing publication called “The Whole Earth Catalog”, which was one of the bibles of my generation…. It was sort of like Google in paperback form, 35 years before Google came along. It was idealistic and overflowing with neat tools and great notions.”That was Steve Job’s explanation of his statement “Stay Hungry, Stay Foolish”.
In my opinion, Being foolish implied being naive about how things should be and thus allowing oneself to see how things could be. In other words, staying hungry refers to stay young and think differently than the “tired ones”. And the only way to do that, is by loving what you do.
“Success is not final, failure is not fatal: it is the courage to continue that counts” said Winston Churchill. In every entrepreneur’s mind the strive for success lives. The following tips of successful entrepreneurs will help you on how to walk on the path of success, while also how to stand up when you fall. Continue reading
One of the most tricky steps that an entrepreneur will eventually face is the capital needed either to prototype or launch his project. Technology and its rapid evolution provided a variety of e-solutions for this task. Its most successful contribution though was the evolutionary act of Crowdfunding. Crowdfunding is the practice of funding a project or venture by raising monetary contributions from a large number of people, typically via the internet. In simpler words it is an innovative way to multiply your funders and your money, while at the same time advertising and creating impatience for the creation of your prototype. Continue reading