According to the book “Predictable Success,” businesses have life cycle. Early Struggle It feels like you’re hacking through the jungle, as you fight to keep your newly-born organization alive. The two main challenges are (1) making sure there is enough cash to keep going, until (2) you’ve clearly established that there is a market for […]

1) Consistency What ever business you’re involved in, your product and service should meet a certain standard and stay consistent. Hence, you have to supervise your business minute by minute to make sure that things are done accordingly as always. 2) Do not mess with ad expenses When your business starts picking up and people […]

1) Underestimating initial capital After thorough research, you might have finally estimated the magic number to get started with your investment. In reality, your initial estimate for the project runs out quick before the business breaks even. The rule of thumb we suggest to new start ups is multiply the money you think is needed […]

Here are the initial questions you should ask 1) Does my product or service solve a real problem in the society?  There is a difference between a hobby and a real business. A real business solves a problem the society agrees to exist, while a hobby is sharing a service you think is important based […]

Are you thinking to start a business soon? Three things we recommend for your consideration 1) Minimize your initial capital to a basic necessity level.  Start up is a learning process. Since you will not know exactly what works and what doesn’t during the process, do not be extravagant in spending. 2) Minimize the number […]