Organizational changes are old as existence of organizations. And the existence of the organization is there as the existence of the humans. If we look back into the history when the people start to organize in different ways to build towns, pyramids, in wars, there was a strong need for some type of organization.
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50 Advises on How You Can 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 advises, or suggestions that I have brainstormed from my own experience and learning. This list was made in past several years when I write all items on a piece of paper.
Here are 50 advises to become a successful entrepreneur:
Develop a Unique Business Idea With Three Levels of Idea Uniqueness
Business ideas are the first business element with business potential energy of your new business. But, there is one important question you need to answer: how my business to become unique? The uniqueness of your business is one of the most important competitive advantage for you. So, unique business usually starts with a unique business idea. In an earlier post about how to measure the business potential energy of business ideas, I have mentioned four different metrics that you can use to measure the potential of business ideas:
Entrepreneurial Skills as a Source of Business Potential Energy
In the previous blog post related to managerial skills, I have described skills as a knowledge to do some activities or tasks. Managerial skills are knowledge needed to do managerial activities or tasks. On the other hand, entrepreneurial skills are knowledge to do entrepreneurial activities or tasks.
Efficiency and Effectiveness Matrix
Many times in a business world you can hear terms like efficiency and effectiveness. Sometimes when we say efficiency, we think on both efficiency and effectiveness. Let’s look through efficiency and effectiveness matrix to see what exactly they mean for you and your company.
How You Can Measure Business Potential Energy of Your Business Ideas
Business ideas are one of the business elements with the business potential energy. The most difficult task for entrepreneurs is to choose the best business idea from the business ideas pool they generate.
But, this is a simple problem. You can choose a business idea with the largest potential energy within it. Yes, this will be a simple process if we know what business ideas have the largest energy.