UAE business blog for people with entrepreneurial spirit
“The essence of strategy is choosing what not to do.” ― Michael E. Porter It is important for every company to engage in strategic planning at various stages of the corporate life cycle. This planning involves asking important questions, collecting the correct data to answer those questions, and choosing among good alternatives. Each company will... Continue Reading →
What does it take to build a great company with the lowest possible risk? Building, managing, and maintaining the ideal team around your business is a must if you want to succeed in what most people fail. That is to build a successful business. Outsourcing is a low-risk option to build a highly scalable business. There are many... Continue Reading →
How do you know if you have the right idea for a startup? Is it really possible to ever know? Most startups fail. The better job you do validate your business idea the more likely will you succeed. And, you might wonder: Which metrics can I measure to prove that my startup idea is right? The most important idea is... Continue Reading →
Are millennial women more likely to start a business? There is no doubt that millennial women have a different attitude and outlook than previous generations. According to a study done by PR firm Zeno Group, only 15 percent of Gen Y or millennial women aspire to become the No. 1 leader of a large corporation. One of... Continue Reading →
Did you know that businesses that are started by more than one person are more likely to succeed? You need a team to succeed in business. Every great team starts with the right business partners. Perhaps more than anything, who you select as your co-founder will determine whether your startup fails or succeeds. Finding a co-founder is difficult, but... Continue Reading →
Do you ever wonder why most businesses fail? When you start a business there are many things you don’t know. Screwing up is part of the fun. OK, so it’s not always fun, but it’s going to happen anyway. You might hear a failed entrepreneur say “We ran out of money”. Others will tell you “We were crushed by... Continue Reading →
Everybody should start a business at least once. The first time I wanted to start a business I was only seventeen years old. I gave up on it. I wish I hadn’t. The most powerful voice in our life is the one that is inside of our own head. It can be an amazing cheerleader or a constant killjoy.... Continue Reading →
Entrepreneurs often waste their time on the wrong things like: Worrying about vanity metrics. Working on an administrative task that could be easily outsourced. Spending more money on things that won’t help to grow their business. Micromanage employees. Putting out fires instead of working on the bigger goals. Repeat doing the same things over-and-over instead of creating... Continue Reading →
Start by replacing the old clunky business plan with your own success strategy. It is shorter than a business plan and it is much simpler too. When you start a business or want to strategically grow your business you must have a plan. The best business strategy starts with answering a long list of questions. Here is the... Continue Reading →
