Year: 2021
Family businesses have existed for hundreds of years and are seen across all industries. Just like any other company or business, a family business faces various challenges ranging from changes in the economy to competition in the market. However, a family business has its own set of challenges that are unique to the nature of the business structure. Let’s see what are the most commonly faced challenges in a family business....
How to Increase Productivity as a Budding Entrepreneur
Being an entrepreneur means working relentlessly to overcome obstacles and achieve your goal. There are no shortcuts and it often means finding yourself as an army of one, taking care of multiple responsibilities by yourself simultaneously. Being at the forefront most of the time, you are the decision-maker and very often find yourself in a stressful position. In such situations, you can end up having moments of self-doubt th...
Why Is Marketing Important For a New Business?
We all see that today the world of business is cutthroat and highly competitive. Only making a good product is not enough. To thrive and survive in the industry, marketing your product and brand is absolutely vital. Only marketing will attract new customers. Having a good product is pointless if you don’t market it well. Marketing is an important step in determining the direction in which your business is headed. Here let’s t...
How to Manage Stress Effectively as an Entrepreneur
Being an entrepreneur definitely has its perks but the journey isn’t easy. Entrepreneurs work long hours, sacrifice their weekends and undergo a lot of stress to achieve their goals. Even if you have planned out everything meticulously, there are times you experience stressful situations. Stress is not like any physical illness that is spotted and cured immediately. In fact, it is quite the opposite. It is important that every...
Mistakes A Budding Entrepreneur Must Avoid
Starting a business takes a whole lot of courage and discipline. A major part of starting a business is having a plan and sticking to it. Success in a startup is not achieved overnight nor is it achieved by luck. It is achieved by following a proper process which sometimes may get boring but is the right way to go about it. Being an entrepreneur is no mean feat and requires a lot of gumption. However, sometimes during this process, entrepreneurs tend...
Why Is Marketing Important For a New Business?
Being an entrepreneur definitely has its perks but the journey isn’t easy. Entrepreneurs work long hours, sacrifice their weekends and undergo a lot of stress to achieve their goals. Even if you have planned out everything meticulously, there are times you experience stressful situations. Stress is not like any physical illness that is spotted and cured immediately. In fact, it is quite the opposite. It is important that every...
University Life at Midas
Midas School of Entrepreneurship is a place where your entrepreneurial dreams can come to life. At Midas, each and every student starts with a business idea and graduates as a budding entrepreneur. However, at Midas it is not only about learning how to kickstart your own venture, it is an overall experience that transforms you as a person. Through the course of 11 months at Midas, along with learning about business, there are...
What Makes A Business Successful?
In the competitive market of today, making a business run successfully requires a lot of courage, patience, and skill. Every business is different from the others and measures success differently as well. For some, making a profit is enough while some measure success by scale. In this sea of businesses, there are good ones and then there are mediocre ones. To stand out in the crowd, it is important to do it right. There are so...
Characteristics of a Successful Entrepreneur
Every day hundreds of people dream of becoming an entrepreneur and making it big in the world of business. Yet, many of them do not fully understand the challenges that come along with it and are not fully prepared when they decide to start a venture. Diving in without adequate preparation and honing your personality is a definite recipe for a disastrous start. Are you waiting to take the leap of faith and start your dream ent...
Invest In Yourself and Your Dreams
Not everyone is born to be an entrepreneur. Very few people possess the skill and will to be an entrepreneur. Have you been getting fed up with your same old day job and toying with the idea for a while? If you feel like you have an interesting business idea and the resources but are still unsure to take the big leap and kick start your entrepreneurial journey, here are 5 signs you are ready to bring your dream to reality....