Why discipline is important to entrepreneurs

May 19, 2014

Discipline is emphasized by experts in nearly all professions. Athlete, scientists or a  teacher may all vouch for discipline. Though, we may succeed only with luck but it is very hard that everyone can be so lucky. In case we are disciplined and also lucky, the returns can be just great. Step wise entrepreneurship People […]

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Why is hiring for potential a good idea ?

May 12, 2014

Look at this pattern: a) advertise position b) get resumes c) scan resume for experience d) interview candidate e) hire the candidate. This is how most of the industries hire people. I believe that is very inefficient way of hiring people. There are a lot of good people that get filtered off in this process. […]

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Can one keep driving on empty tank?

May 5, 2014

As an entrepreneur, life is not easy as it seems. Though entrepreneurs escape from corporate life to start on their own, they often find that reality of entrepreneurship is not as rosy as it seems. Entrepreneurs bear the brunt of unpaid bills, unhappy customers, low revenues etc. Cutting down on expenses mean loss of social […]

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Building business using social media

April 28, 2014

From JD Power’s study, “67% of consumers have used a company’s social media site for servicing, compared with 33% for social marketing”. Social media picked up pace a few years ago. Initially, to search for something, one had only a few options such as search engines (Google being the most dominant one). With entry of […]

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Harms of discount based pricing

April 25, 2014

I do not like discounting as a pricing strategy. To win customers often companies provide whole year discount. I believe that does not add value to the product and is more harmful than beneficial. This slides explains why discount based pricing strategy is not a great idea Discounting makes you work twice as hard. Here’s […]

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Entrepreneur and confidence

April 23, 2014

As an entrepreneur or small business owner, life is obviously more difficult when compared to that which comes with a job. For the people who left their high paying careers and moved into entrepreneurship, memories of getting a paycheck every month seems like nostalgia. Whether you are an experienced person trying to become an entrepreneur […]

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Can every expense be called an investment ?

April 15, 2014

What is the most important thing that can shut down entrepreneurs’ work in a moment? Simple! It is called as “Money”. The day money is over, the business shuts down. Still not many give a thought to money management though. Money must be spent. If your main business is graphic design, you cannot deliver without […]

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Techniques to confront demotivation

April 11, 2014

My blogger friend Jeevan from Daringblogger created his first slide ( which is more of an infographic ) on slideshare . Its about motivation and I feel that it is indeed very helpful. If you like this slide from him, tell him that on his latest blog post :).   7 Techniques To Confront Demotivation! […]

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Starting a T Shirt Business ?

April 9, 2014

I read a post on Reddit that said the writer wishes that “T-shirt business is the most commoditized business and people are not going to be successful pursuing another T-Shirt business” be made sticky ( reworded). While I can understand the frustration of getting repeatedly asked the same kind of question, it definitely deserves an […]

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Why one needs to do things differently to stand out?

April 2, 2014

A tempting way to effect increase in sales and counter opposition is to add as many features as the competition has provided to the product. Some companies go beyond just adding features. They add comparison chart with one extra tick to show that their product is superior. The argument is how else they are supposed […]

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