All eyes are on the younger millennials and generation Zs — those who are currently in college or starting businesses of their own in the global online marketplace. This generation of young startups is thought to be distinctly different from their older ‘Gen X’ counterparts. According to studies, Gen Z’ers and younger millennials were found […]
No matter how much you study, it’s not going to prepare you for the reality of owning a business. You’re going to be completely lost, you’ll have no experience and no amount of teaching can prepare you for the ever-changing landscape of business. As we all know, real-world experience is far more valuable than studying […]
Here is a worrying statistic for you to sink your teeth into. Approximately ninety-two percent of new startup businesses will fail, and that’s bad news if you’re thinking about setting up a company. Before you fall into despair though, you should understand that thousands of startups are established each year. So, if you do get […]
More than 50 percent of start-up businesses fail within the first five years, according to statistics from Entrepreneur Weekly, with many folding in the first year of operation. Losing a business is devastating, and moving forward after a business failure can seem impossible. However, dealing with failure and moving forward in a positive motion is […]
Even in its most embryonic stage, your business needs to be closely guarded. If you have the germ of a beautiful idea, are currently fleshing it out into something more substantial, and are confident about its potential success, then putting up defenses around it is essential. However, if you’re new to the business world, are […]
