One man can not do the job, but one man can plan it” –Harmony. You don’t have to hire immediately. It is not a good strategy for startups to hire at their struggling or penetrating phase, it will certainly incur extra financial burden but why not if you have the financial cushion.
Entrepreneurship is a battlefield; it requires the brave heart, a surviving spirit and a well crafted strategy in order to keep alive. In the business language; Entrepreneurship is very competitive, it requires skills, planning, creativity and entrepreneurial intelligence to stay relevant and on top of your market competition.
Keep striving! A new week to be productive, more focused and more determined to make…
Our economies need more than just sprouting entrepreneurs and businesses; they need businesses serving real…
Juggling the startup responsibilities and getting the real work done mostly end startups in “responsibility crisis”.
“An Entrepreneur who is unable to create their own experiences to develop solutions from them, to grow and unable to make discerningly intelligent decisions amidst business situations relying on that “superior excellence” of intelligence but would rather depend on guidelines of other entrepreneurs lack the “entrepreneurial intelligence. Some may dispute this fact with the view that we learn from others experiences. Yes! that is true, but how do one build a business only based on others experiences?
Over the past few decades, entrepreneurship in Ghana has grown at an exponential rate. It…
Identify your competition
In every market there’s a competition. How do startups identify their competition and match up to it? Strategic planning is needed. Better to identify a niche market which is overlooked by your competition.
“You can’t be everything to everyone, but you can be something great for someone.”- Unknown
Your startup MUST be target oriented and a great solution to a “defined” problem. Don’t be a solution to every need. Have a target, serve a purpose, and solve a need at a time. BE REMARKABLE!
“Positioning is how you make a prospective customer perceives your brand (Your Startup), product or service (what your startup does) differently or uniquely from the existing markets. It can also be defined as understanding things (name, brand, products, markets, values etc) from the users/customers perspective” – Harmony