Entrepreneurship

Here are articles that will help you to become a successful entrepreneur.

50 Pieces of Advice on How to Become a Successful Entrepreneur

Starting and running a successful business is a not-so-easy task for you as an entrepreneur. There are too many difficulties and obstacles you will need to pass. In my practical experience, I made too many mistakes with one of my businesses. How can you become a successful entrepreneur? Here, I want to extract 50 different pieces […]

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Efficiency and Effectiveness Matrix

Many times in the business world, you can hear terms like efficiency and effectiveness. Sometimes when we say efficiency, we think of both efficiency and effectiveness. Let’s look through the efficiency and effectiveness matrix to see what exactly they mean for you and your company. The words “efficiency” and “effectiveness” are mutually dependent. It’s not

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How to Maintain High Performance at All Stages of Business Life Cycle

In previous posts about the business potential energy, I write that the methodology of business improvements must contain the business life cycles. It is important because we have different business elements with different business potential energy in different business life cycle stages. So, you need to use these stages to describe some business elements in correlation

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Improve Your Business Performances With ABC Analysis or 80/20 Rule

Do you want to improve your business performance drastically? Probably the answer is yes. So, you will need to use ABC analysis or sometimes called as 80/20 rule. What is ABC analysis? ABC analysis is a methodology that can give you a quick and simple review of your range of products in the retail store, wholesale, or manufacturing

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