This is the first article of a series about Competitive Analysis in a Business Plan. To receive the next ones directly in your e-mail, subscribe to our list for free here. It was a brisk Sunday afternoon in Warsaw, Poland. At the main square of the city, my wife and I met her parents for a […]
Never Write a Competitive Analysis in a Business Plan without These 3 Questions Read More »
This is the first article of a series about Systems Thinking Benefits. To receive the next ones directly in your e-mail, subscribe to our list for free here. During high school summers, I worked for a local company. They had an incredibly high employee turnover rate — defined as the percentage of workers that quit during a certain
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These 5 little words helped my business to survive the 2020/21 crisis. This is the first article of a series about Business Survival Strategies. To receive the next ones directly in your e-mail, subscribe to our list for free here. I have one word of encouragement for you if you’re a business owner in the travel
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What Is the PEST Business Analysis Listen to “Entrepreneur Decision Making Tools – Use NOW the PESTEL Analysis for Small Business” on Spreaker. PEST is an acronym for political, economic, social, and technological. These four factors make up a business’s external environment and can affect a company’s performance. This is especially true for small businesses, which
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Before jumping on the straight answer about the best age to start a business, some context. Once I saw a CEO from a prestigious technology firm complaining how young professionals unrealistically expect dizzying ascents up the corporate ladder at the start of their careers. These are folks who have received two or three promotions in
What Is the Best Age to Start a Business? The Answer from a Billionaire Read More »
We live in an era where startups that barely created their first prototypes are already pitching for millionaire funds from angel investors and venture capital firms. But there are still several heroic examples of successful businesses started with little money, funded by the founder’s own savings, and operating during months — or even years — bootstrapping finances to make
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This article about strategic interview questions to ask candidates is part of a series intended to help new business founders. Check the others here. One of the greatest pieces of professional advice I ever heard — from my father and also from the interviews of the billionaire Jack Ma — is to not have an enterprise as your first job.
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This article will teach you how to find good small business SEO services providers and rank a website on google’s first page in only a few months I started my first business in 2017. In 2019, started a second one. The idea was to diversify. Fast-forward one year later, March of 2020. The COVID-19 pandemic
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A Real-Life Example of Competitive Benchmarking All Good to Great companies began the process of finding a path to greatness by confronting the brutal facts about the reality of their business. When you start with an honest and diligent effort to determine the truth of your situation, the right decisions often become self-evident. (Jim Collins) Imagine
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If you are an entrepreneur or aspire to open your own company, I would bet that the last 12 months made you think twice. At least this was my case as an owner of two different businesses. One is in the hospitality industry, and the other is a consultancy, and both suffered during the Covid-19
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