What must an entrepreneur assume when starting a business?

Building a business is no easy feat. Most articles talk about dedication and perseverance, but building a business needs your passion. The most important point to start a business is to answer the question - Why. The journey will test your motivation and purpose for starting a business. Making money is never a good reason to start a business because statistics will show you that you're better off working for a company since >90% of startups will fail. Now, let's try and answer this question:

How to use Porter’s 5 forces in a startup

It can be very useful for an entrepreneur to use Porter's Five Forces analysis. It gives a good understanding of the competitive environment in which you are operating and identifies areas of focus. By analyzing each of the five forces, you as an entrepreneur can gain insights into the strength of your position in the market and the level of competition you face. It helps you make better strategic decisions and position your business for long-term success.

Top 25 Entrepreneur Quotes for a business founder

Entrepreneur Quotes: This article is a collection of 25 beautiful quotes for entrepreneurs. As a business founder, the number of challenges only increases with time. It is only natural to find ourselves wanting motivation. Some of these quotes give us a direct dose of inspiration. Some other quotes make us pause and rethink our approach. Ultimately, entrepreneurship is a long, hard journey. It needs a consistent drive for us to keep moving forward. This collection talks about various themes such as passion, perseverance, motivation, risk-taking etc.
How to come up with a startup idea

How to come up with a startup idea?

In today's article, I want to focus on how to come up with a startup idea. Startups are great when their ideas mature and the founder is able to create a strong market for them. But in this article, we go a step before that to the ideation phase where you're still toying about whether it can be a startup. What makes a good idea and how to differentiate these from the bad ones?

Shoestring Budget: 5 Low-Investment Startup Ideas

Low investment startup: Starting a business is exciting, but it comes with the misconception of a large investment. Although some businesses demand huge investment, there are ways of working around it to give voice to your startup idea. With the right mindset, creativity, and resourcefulness, you can launch a successful business with minimal investment. In this article, we will explore various low-investment startup ideas that can help you turn your entrepreneurial dreams into reality without breaking the bank.

Can Anyone Start a Startup? Unveiling the Entrepreneurial Journey

Can Anyone Start a Startup?: Starting a startup is an exhilarating and transformative journey. But is it accessible to everyone? Can anyone become an entrepreneur and build their own business? In this article, we will explore the question of whether anyone can start a startup, shedding light on the key factors that contribute to entrepreneurial success.

6 Key Variables for Where to start your startup?

Where to start your startup?: Starting a startup is an exciting journey, but it needs careful thought. With startup success rates so small, it is invaluable to consider all elements that contribute to a startup's success. In today's article, we will talk about the considerations for where to start your startup. A good environment for your startup can help your journey and can even differentiate between success and failure.

Unleashing the Entrepreneurial Spirit, Characteristics and Quotes

Entrepreneurial spirit is the mindset and characteristics of individuals who are driven to identify opportunities, take risks, and create new ventures or innovative solutions. It's the willingness to step outside of one's comfort zone, challenge the status quo, and turn ideas into reality. In this article, we will discuss the meaning of an entrepreneurial mindset, its characteristics and inspiring quotes.