founder

4 Distinct Factors of a Small Business Entrepreneurship

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small business entrepreneurship, entrepreneurship and small business management, entrepreneurship and small business, small entrepreneur, business owner entrepreneur, minority entrepreneurs, small business entrepreneurship meaning, small business entrepreneurship definition

Small business entrepreneurship: In this article, we will discuss the meaning of small business entrepreneurship, and the differences between a startup and a small business. In the later stages of the article, we will discuss the advantages and disadvantages of small business ownership. If you are an entrepreneur, this might act as a guide about the type of business you need to create. It will raise the question of whether you’d need to create a small business or a startup. It all comes down to what you want to do with your idea.

Business Model Canvas for an Entrepreneur

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business model canvas, business canvas, canvas model, business model canvas explained, business plan canvas, business model canvas definition

In this article, we will talk about the meaning and definition of a business model canvas. We will also talk about its need for an entreprenuer, tools to build a lean model canvas and main parts of it. While explaining these, we will discuss about why this is important for your startup idea. The main questions we will answer in this article are:

4 Key Differences between Entrepreneur and Entrepreneurship

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Image showing the difference and comparison between entrepreneur and entrepreneurship

Differences between Entrepreneur and Entrepreneurship: These terms are used interchangeably and possibly for the right reasons. I find it hard to differentiate between the two because they are closely interlinked. However, these terms are used differently. Entrepreneur is person-centric whereas entrepreneurship is business-centric.

Entrepreneurial Operating System Framework for startup

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entrepreneurship, business, management, EOS, entrepreneurial operating system

Entrepreneurial Operating System (EOS): An Entrepreneurial operating system represents the foundational elements of a business for a founder. We are aware of some of the terms as Business Modle Canvas, business plan, pitch deck etc. They represent the strategic side of a business. However, while you do the strategic work, the operational work cannot be compromised.

3 Key Characteristics of Fabian Entrepreneurs

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Who are Fabian Entrepreneurs the characteristics and definition of these type of entrepreneurs

Fabian Entrepreneurs are founders or business owners who are cautious and skeptical of change and innovation. This sounds counterintuitive to entrepreneurship because startups and new businesses are characterised by creativity and change. However, once a business identifies its sources of revenue, change is not easy. Any change comes at a cost and Fabian Entrepreneurs are afraid that these changes might cost them revenue or loss of market share.

5 Key points on – Are Entrepreneurs born or made?

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A debate on the question - Are Entrepreneurs born or made? , talking about skills by birth or talent vs environment in grooming

What a fun question! If I said entrepreneurs are made, it would be easy. There’s no further discussion right – it becomes a talent of a select few people and others don’t have a chance at it. Entrepreneurship however is similar to a job, a tough job nevertheless and some things will make it easy. … Read more

What is a seed round of fundraising typically used for?

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Seed Round of fundraising: This is one of the most important rounds for an early-stage startup. In essence, this round defines whether an idea kicks off the ground at all. So many great ideas fail because they don’t get the traction or funds to test their business plan. As an early-stage entrepreneur, the focus is … Read more

You’ve got to be embarrassed by your first version!

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Embarrassed by your first version: This article is all about developing minimum viable products, gathering customer feedback and continually improving while keeping wastage minimal. One of the most important tenets of the agile process is to keep iterating as often as possible. If you’re waiting for perfection, then you’ll delay time for feedback, eventually costing … Read more

What is the primary goal of a pitch deck in the startup world?

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What is the primary goal of a pitch deck in the startup world?: I’ve often asked this question. Sometimes the pitchdeck feels like a fancy marketing pitch and you have to impress these investors to win them over. As shallow as it feels, I think a pitchdeck is one of the most important things in the early stages of a startup.

National Startup Day theme 2024 for Entrepreneurs

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startup india logo

Awaiting an official announcement on the theme of 2024’s National Startup Day. We can however be certain that it will be something to further leadership abilities and innovation to grow and expand. Some things to look out for are – the impact of startups on the Indian economy, and new startups created in 2024. I would also be very curious about any new announcements from the government to help entrepreneurs create businesses better and remove obstacles in their way.