Entrepreneurship in a Box | Page 1121 of 1227

The Biggest Problems With Business Problems

Having business problems is not the biggest problem in an entrepreneurial life. All human beings have some types of problems regardless if they are small or big one.

Each our day start and finish with some type of business problems. In the morning, we start solving problems that have been defined yesterday. At the evening, we discover other business problems that will need to be solved tomorrow. Our projects exist because we want to solve some type of problem with their implementation. Our daily, weekly, or monthly tasks all solve part of some problem or full problem.

That’s our job, to solve the problems that come each day to us ready to be solved or requiring our attention and specific action in order to bring back our system (as a human, organizational, business or other systems) in the desired state.

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4 Reasons Why You Haven’t Started Your Business Yet (And How to Overcome Them)

Business Startup / By Dragan Sutevski, PhD

If you still haven’t started your business, it is the real time to think about the possibilities that can give you your own business, developed on the basis of your biggest strengths and enabling to do what you want to do with a highest possible fulfillment.

So, what’s stopping you to start and run your own business? In my research of this phenomenon, I come to the hundreds of reasons collected in the last five years. Here, I will share four categories of reasons why you haven’t started the business that I think is one of the most important to you in order to overcome them.

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Mompreneurs: Restful Sleep is Secret to Success

Entrepreneur / By Dragan Sutevski, PhD

Entrepreneurship and motherhood are both demanding jobs requiring 100 percent passion and devotion. Yet, for ambitious and family-focused female entrepreneurs (mompreneurs), the two collide.

According to American Community Survey (ACS) data, about 68 percent of mothers with children younger than age six were either working or looking for work.

“Growing Under the Radar: An Exploration of the Achievement of Million-Dollar Women-Owned Firms” commissioned by American Express OPEN found that the number of all women-owned firms has increased by 28.6 percent between 2002 and 2012. The number of women-owned firms with $10 million or more in revenue has even grown by 56.6 percent.

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10 No Nonsense Ways to Win Over and Engage Exhibition Visitors

Marketing / By Dragan Sutevski, PhD

There are so many ways to get our message into the market nowadays. With the advent of social media and the transparency that modern analytics software can provide, many companies have invested heavily in their online strategy and expect more out of their offline campaigns. But, still, the exhibition can help you earn more customers.

While trade shows are still an industry mainstay no matter the market, there is added pressure on them to perform and integrate with other campaigns that exist across various media.

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4 Pricing Questions to Help You Choose the Best Strategy

Marketing / By Dragan Sutevski, PhD

pricing strategies and pricing questions

Do you find yourself in a position when you don’t know what to do when it comes to choosing the right pricing strategy for your products and services? Probably you have a lot of pricing questions. Don’t panic, it happens to most of the entrepreneurs.

Setting up the right price for your products and services or choosing the right pricing strategy is one of the most sensitive things you need to do in your company. It is normal to have different pricing questions you will need to answer.

If you have the low prices you will leave money on the table and what is more important you risk to lose profitability and a better future for your company. If you set high prices you will start losing some of your current customers.

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Innovation Allow People to Make Mistakes

Innovation / By Dragan Sutevski, PhD

Can you innovate in your company without mistakes? According to one research, I have made with 150 entrepreneurs, more than 60% of them avoid to innovate because of possible mistakes.

Yes, this is really scary statistics when it comes to small business entrepreneurs and their current mindset about the innovation in their companies. The false sense of security that brings to the current status quo and their inactivity related to innovation and business improvements makes them stay at the level of average entrepreneurs that probably will not exist after some period of time.

When I usually work with clients, I ask them a lot of questions, and I am asked by them also a lot of questions. On the other side, I want to record and note everything from my work in order to improve my experience, skills, and knowledge as a consultant. Looking at my notes I have seen some interesting questions asked from entrepreneurs and related to the innovation process. These questions are something I believe that hold them back to innovate because they create awareness that doesn’t allow mistakes through the process.

Here, I would like to present them with the additional replacement of the right question in order to change your entrepreneurial mindset to become the much better innovator.

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