3 Ways to Squeeze Every Penny Possible Out of Your Startup

If you’re looking at setting up a new business, the statistics for success are never great motivation. According to the Small Business Association, 30% of startups fail within their first two years, while 50% fail within five. After a decade, around two-thirds of all new companies will have closed their doors for good. Furthermore, the second most common reason for failure is lack of cash.

Why startups fail?

Managing expenses properly plays a pivotal role in the well-being of any company, but budgeting during the early days of your business’s existence forms the cornerstone of a healthy game plan for long term success. With this in mind, we’ve decided to highlight three easy ways of squeezing every penny, to ensure that your shoestring budget-run business has every chance of being a roaring success for many years to come.…

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4 Tips for Building a Better Blog

There was a time, not too long ago, that blogging was a novelty. But in just a little over 20 years, the concept has changed in a big way. Blogging has changed from being a way for individuals to stay connected to one another, into a multi-million dollar marketing opportunity for everyone — one that can benefit everyone financially from your 90-year old grandma, to Arianna Huffington of The Huffington Post.

blogging tips

Today’s blogs do more than act as personal web pages; they serve as profitable business ventures for corporations and individuals alike. If you’re thinking of entering the blogging world, consider using these four tips to build a blog that people really want to read:

1.

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3 Reasons Why It’s Easier Than Ever to Become an Entrepreneur

The economy has been improving for nearly a decade now and unemployment has sunk below its natural rate. This means that there really are no more excuses. If you have a dream of launching your own business, now is the time.

Entrepreneur using digital technology

Entrepreneurship will never be easy in any economy. It takes passion, dedication, hard work, long hours, and an understanding that the struggle may last for years before paying off. But if you really want to take the plunge, it’s time to stop talking and start acting.

Fortunately, there are many reasons that make the modern, digital age the best time ever to achieve your goals.…

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Being a Entrepreneur vs. Being an Employee: Which One Should You Choose?

Whichever side of the fence we fall, it might well be the case the grass always looks a little greener across the way. So, whether we’re on the path to entrepreneurship or are enjoying the security of being an employee it’s good to try and keep the pros and cons of both in mind.

Business people having a meeting

Whilst entrepreneurs can enjoy plenty of opportunities for growth across various aspects of their professional careers, it’s important to remember that there are also a number of advantages associated with being someone else’s employee.

So join us as we explore the various PROS and CONS of being an Entrepreneur VS an Employee…

Being an Employee – THE ADVANTAGES

1.

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Top Issues Faced by First Time Entrepreneurs and Solutions to Getting By

Being the boss is rewarding, but not without challenges. Though there will be peaks and valleys throughout your time as an entrepreneur, it is the beginning stages of starting a business that seems to cause the most obstacles.

Busy entrepreneur solving problems

The quest to establish a new brand and being successful in the competition is not an easy one. Everything from raising startup funds and managing cash flow to standing out from the competition and obtaining new customers, there’s a lot that comes up for first-time entrepreneurs.

Knowing how to quickly deal with the problem and keep business going is a must.

Raising Startup Capital

Most entrepreneurs aren’t sitting on cash that can be used to invest in a business.…

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5 Things Every Entrepreneur Should Know: Tips From Real Businesspeople

Unless you’re keeping news of your pending launch tightly under wraps, you’ve probably been inundated by well-wishes and offers of assistance. Whether you know it or not, you’ve got a lot of people rooting for you.

All this support can be overwhelming, even confusing. How do you sort well-meaning but misguided advice from truly valuable nuggets of wisdom?

Startup mentoring

Turning to successful businesspeople could offer some clarity. You might not be able to get Bill Gates on the phone, but you can certainly benefit from the experience he’s gained over a lifetime of fantastic success. Ditto for any number of other high-profile entrepreneurs.…

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3 Absolute Do’s For a Start Up

Every day, there is someone with a new and fresh idea. Start up businesses litter the internet. Some make it and others just don’t. But what’s the difference? What helps those that succeed to reach the heights they do? How do they turn nothing into a booming, profitable business?

Startup

Below are three things that you must do to solidify the foundation of a new start up company.

Do Watch Your Finances

Ok. You remember the time you were 7 and you worked all kinds of odd jobs to try and raise the money for a new bike? You raked yards, washed cars, delivered papers, and so on.…

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The Why, How and The Painstaking Steps Taken to Achieve The Dream of Being Your Own Boss

Ten years ago I was working a full time job, I had a decent salary and a seemingly steady life. I was working 8-9 hours everyday (plus overtime too many times a week),and coming home after work and simply laying in front of the TV became my purpose in life. I worked just like everybody else around me, I had to pay my bills, I had to let go of all the dreams I had as a young adult and embrace reality.

Bookstore

I was trapped. I felt like a robotic mind replaced my own and my only joy in life became kicking off my shoes at the end of the day.…

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Par Chadha Interview on Serial Entrepreneurship

Par Chadha is an electrical engineer with a long history of creating innovative companies in the technology arena as well as building bundled industry solutions through M&A of leading platforms.

Par Chadha

Chadha founded Osicom Technologies with his wife in 1981 and drove innovation through the development of numerous Patents: Patent 5343324 – Bias control and method for electro-optic modulators; Patent 6151336 – Time division multiplexing expansion subsystem; and Patent 6400478 – A wavelength division multiplexed optical transmission system with expanded bidirectional transmission capacity.

Par Chadha interview

Q: In your career you’ve ran and worked with dozens of tech startups – it’s not a small feat. 

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5 Tips For Small Business Entrepreneurs

Having the faith to start a new business, from the ground up, is no small feat. Those who choose to step out into the world of business and challenge themselves to success are bound to face a few hurdles along the way. Small business is no different, as it requires similar knowledge and skills to navigate the path to profit successfully.

Small business entrepreneur

Though research and effort are two imperative concepts for any small business owner, there are a few more common pieces of advice that will help entrepreneurs feel better prepared for what is to come. Here are a few universal blups of advice that will benefit small business owners.…

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