It all starts with the right team. If you’ve led a team before, you already know that managing and leading a team is hard work. It is difficult even in a company where HR policies are established and good reward structures are in place. However, as a startup, you possess something magical that these companies and teams don’t.
Although the thought of money is exciting, I believe a startup is probably the least lucrative way of achieving this goal. There ought to be lots of better avenues to make money such as a job, freelancing, side hustle and even investments. These still give you better chance at making money than a startup where the risk of failure is immense.
Business plan for startup: No matter what stage your business is in, the business plan is one of the most important assets. Looking back at my startup fundraising days – I can recall the number of times investors asked us multiple questions on it. Considering that it is the best asset you have as an entrepreneur, … Read more
The most inspiring dream of a startup is to create a business capable of scaling. The stage where a business idea is beyond trying to figure out what sells for the customer and establishes a niche for itself. The initial stages of a startup are the most important ones because this has the highest probability … Read more
Entrepreneurial skills: In this article, we talk about key entrepreneurial skills required to create and manage a startup. As you already know, entrepreneurship has its own set of challenges and risks as opposed to an established business. In this article, we explore the key skills required to deal with the challenges of being an entrepreneur. Entrepreneurial … Read more