business Archive

Is Entrepreneurship the Best Way to Escape Poverty?

WHO data showed that approximately 1.2 billion people in the world live in extreme poverty with less than one dollar per day to live, resulting in an unhealthy life around the world. As mentioned by the WHO, the most common causes of poverty are lack of jobs, lack of education, and high unemployment level. These

Facts That Good Entrepreneurs Know BUT Others Don’t

Business world has always been interesting. You cannot know what will happen in the business sphere unless you do the business. For example, while you expect that your product or service will be highly on-demand in the market for at least 10 years ahead, there are good chances that it will last only for 4

Things to Remember When Starting a Business

Starting a new business project is always challenging. While you have every resources that will help you thrive in the market, obstacles will come and go along your entrepreneurship journey. There are ups and downs a founder will meet along the way. For example, you will get sleepless nights before product launch or you will

5 Useful Advices for New Student-Run Startup

Do you know Jeff Nobbs? He is a student-turns-to-be-startup-founder who builds Extrabux. He founded Extrabux during his student life at the University of Southern California in 2006. He and his co-founder, Noah Auerhahn, worked on project while they were still in school. After two years in junior year, they submitted Extrabux to USC business plan

Is There Any Right Education to be a Successful Startup Founder?

When talking about education, what pops-up in your mind? Education in formal institution such as school or university courses, or other kind of informal education such as learning from someone else’s experience? Or possibly both? Whichever your answer is, all of them are right. Education is not merely a practice of writing, reading, and counting

How Technology Has Impacted Entrepreneurship

American Express reported that technology has led to major changes in the way businesses operate. Social media, virtual office, and cloud computing are a few examples of innovations born in the modern era of digital technology. Big data, Artificial Intelligence (AI), and advanced analytics applications are key drivers of innovation that have been changing the

Don’t Burn the Cash: How to Manage Your Startup Finance

In a modern business landscape, fundraising act as a major constituent to support startup growth and so, there are many ways to get funding. Besides helping newly-built business grow, funding also helps startup achieve financial objectives, removes glitches along the way, matches business standards and high level competition, as well as stays competitive in the

3 Most Tried and Failed Business Ideas

Evan Williams, former CEO of Twitter, has a tough story behind his success. Before running Twitter, Evan was building a podcasting platform called Odeo. However, the project didn’t take off because Apple announced the podcast section in iTunes store at the same time. Unable to compete with the rival, Odeo was folded shortly afterward. James

3 Signs You are Your Own Business Enemy

One of the main purposes of starting a business is to build relations and gain profits from one party and another. That being said, a good business is not a one-man show as it cannot be managed by only one person. Business partners, in this case, play an important role in ensuring that the business

The Difference between Entrepreneur and Businessman

Do you want to be an entrepreneur, or a businessman? What differs between them, anyway? Oftentimes, people use these two terms interchangeably as they have similar meanings.  In fact, there is a slight difference between both. Before further discussion, let’s take a look at the table below. Table taken from https://keydifferences.com In the table above,