Entrepreneurship

How do you find a business idea to start with ?

October 29, 2010

One of my friend once told me “Its great that you started your business. If I were to start my venture, I do not know what would it be.” The moot question is “Where to get that 100million or even 10 million $ idea? Answer is “Not many people know” Some people read trends and […]

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Top mistakes that an entrepreneur should avoid

October 21, 2010

I have read many blogs that talk about mistakes that entrepreneur makes while starting a new venture. I have felt that most of them talk about large entrepreneur whose companies have teams in multiple locations, with good capital resources available and teams to support them. An ordinary entrepreneur who puts his own money on line […]

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Seven top differences between entrpreneurs and businessmen

October 11, 2010

Entrepreneurs and businessmen are most of the time interchangeably used. I too have been guilty of using one or the another at times. However, I feel that there is a significant difference between the way entrepreneurs run their venture and businesses run their operation. Entrepreneurship is all about assuming risk and accepting whatever rewards or […]

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How I lost passion and closed my business?

October 8, 2010

I often talk about EMF in posts. I point to three important components of my business Emotions, Passion and Realism and need to balance all three of them . One component rules and you cannot be entrepreneur anymore. You have lost the mindset and cannot function efficiently. In my last venture, I had everything at […]

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Is customer in love with your brand?

September 27, 2010

The best and zero cost form of advertising is word of mouth. A customer will do advertising for you free of cost, if you treat him in the right manner. Normally the customer start off as leads. You can get leads from various sources such as friends of friends, referrals, callbacks etc. However, they are […]

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The importance of blogging for your business

September 21, 2010

There are a number of ways of promoting your business. If your business is unique and you need to create awareness for your product, blogging is essential. It is a system of marketing where you cannot only get connected to your customers but also can get product feature requests, suggestion and feedback. Blogging can be […]

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Tips for Entrepreneurs and Consultants on dealing with difficult customers Part 2

September 17, 2010

In continuation of Tips for Entrepreneurs and Consultants on dealing with difficult customers Part 1 Keep to the point and be specific If your difficult customer is often using generalized phrases ( such as your software is not user-friendly), your reply should be specific. Talk to him/her on specific areas where your product and/or services […]

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Tips for Entrepreneurs and Consultants on dealing with difficult customers Part 1

September 17, 2010

Most of us are involved in situations that need interactions with customers. If we are in selling or consulting jobs, we meet variety of customer. While many of our customers are thoughtful and patient, sometimes we do get a customer who is difficult to handle. It is quite possible that the customer had some bad experiences in past from which he wants to protect himself. But such “penny pinching” behavior causes enormous hardships for people dealing with them.

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Entrepreneur vs manager debate is overdone

September 12, 2010

Entrepreneur vs manager is a hot topic no doubt. I think these two terms are not different but complimentary. The difference is only when when a person is managing a team or a department in a large enterprise. A manager will have to follow established procedures and will normally not have enough maneuvering available.

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How to select an IT vendor for your entrepreneur / small business project?

September 7, 2010

Selecting an IT vendor is one of the most difficult part of your entrepreneurial venture. If you just search for website development on Google, you will find that there are so many of people and companies offering their products and services. It is difficult for small businesses to chose because they don’t have the expertise or know how to get the right vendor.

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