How To Turn Your Business Idea into Reality

How To Turn Your Business Idea into Reality

Extracted from Forbes: Caroline Castrillon Dec 8, 2019  Have you ever had a killer idea for a product or service and then thought, “Now what?” Maybe you have a great business concept, but you don’t know where to start. Bringing an idea to life isn’t easy. It requires passion, patience, and, most importantly, the ability to execute. The key thing […]

Why do a feasibility study before venturing into a new project/ business?

Why do a feasibility study before venturing into a new project/ business?

A feasibility study is an analysis that takes all of a project’s relevant factors into account—including economic, technical, legal, and scheduling considerations—to ascertain the likelihood of completing the proposed project successfully while evaluating and analyzing the actual potential of the project. It is based on extensive investigation and research to support the process of decision making. Project managers use feasibility […]

How Can Small Businesses Best Use Social Media?

How Can Small Businesses Best Use Social Media?

Originally appeared on Quora. Extracted from Forbes. Answer by Alex Tsepko, CEO of Skylum Software The 21st century has thus far been defined by a constant and ever-accelerating evolution of the digital world. Particularly in the communication and media space, technology providers continue to innovate. Every day, it seems, new forms of content sharing are developed and distributed to the masses. Then, the next […]

How to Start a Business in 9 Simple Steps

How to Start a Business in 9 Simple Steps

Extracted from Forbes, an article by Alejandro Cremades Want to start your own business? Here’s how to do it in nine swift steps. You should absolutely try going into business for yourself. If you don’t, you’ll always regret not giving it a shot. After you’ve done it once it will be much simpler to repeat. Yet, like redecorating your apartment, […]

5 Reasons why startups fail

5 Reasons why startups fail

Each year, thousands of ambitious entrepreneurs start new businesses. These entrepreneurs feel bright and are full of hope as they set out to build their dream business from the scratch. However, plenty of small business statistics show that by the end of four years more than half of these businesses are gone. Most of these failed entrepreneurs had very bright […]