Can starting a business get you rich? It can if you manage to make it successful. Some of the wealthiest people in the world are the ones who started their own businesses. The thing that can make business owners rich, is that their income is not tied to their time. They get paid based on …
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Does being an entrepreneur and having your own business really give you freedom? It depends a lot on the business and how you decide to run it. In general, I would say being an entrepreneur gives you freedom. It gives you the freedom to do what you want and when you want. If you have …
So, are small businesses profitable? Let’s start by saying that the point of starting a company is to make a profit, right? That being said, we can look at statistics. According to this article, 65% of business owners reported being profitable at the time of the survey. Another thing to keep in mind is that …
Bad time management can be fatal to small or even larger businesses. As a business owner or manager, you should know how to manage your time properly to get the tasks done and prevent burnout. Spending time outside of the business is also essential to our wellbeing. Getting enough sleep to function better is also …
In this post, we are going through everything you need to know about customer experience. We will also go through some things you can do to improve customer experience and make your businesses customer experience as great as possible. Let’s start with what customer experience is. What is customer experience Customer experience is everything from …
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Every business and every entrepreneur’s situation is different. Therefore, there is no one or two reasons, why a small business might want to stay small. However, there are some things that make small businesses better, easier to operate compared to large businesses. I have used this metaphor before, where small businesses can be compared to …
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In the days of ecofriendly business and sustainability, quality of products has become and will become an even bigger theme in business. Creating long lasting quality products is essential to building a brand, as well as keeping your customers satisfied. By creating high quality products, you can justify higher price. You can build a brand …
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Why sustainability is important for business? There are a lot of different reasons running a sustainable business is a good thing to do in a business. One of them being regulations about emissions. The other being consumer preferences towards sustainable and climate-friendly products and services. In today’s world, sustainability and carbon footprint have become a …
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How to get rich fast? Now, before you go all “it’s not possible”, let me tell you. Getting rich fast and getting rich easy are two different things. You can get rich fast, but it is not easy. You also can get rich easily with low effort, but it will take longer time. In short, …
In this post, we are going through ways you can calculate whether it is worth starting the business you have been planning or skip it. There are different ways to calculate, you may not be able to do all of these depending on your life situation, but you can apply these to your unique situation. …
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