Going from a regular civilian to being a business owner is a big step. It’s a dream for many, and there are plenty of success and failure stories out there to encourage and deter practically anybody. But if being a business owner is your goal and you have an idea that you think is amazing, you just might want to take the necessary steps. But before you do, there are some vital … [Read more...] about Essential Factors You Need to Consider When Building Your First Startup
startups
3 Things to Do Before Launching an eCommerce Start-Up
There are over 24 million ecommerce companies that are present online. Out of the millions of the online businesses that are activated, only 2% of them produce more than $1,000 of revenue annually. In the startup culture that we live in, people value new ideas and creative thinking. In order to see success in a competitive market, it is critical that individuals take the … [Read more...] about 3 Things to Do Before Launching an eCommerce Start-Up
How To Build A Successful Marketplace Startup
When we think about successful marketplace startups, the first names that come to our minds are Amazon, eBay, Etsy, Airbnb. They are the so-called giants of online retail. Marketplace businesses have completely changed the industry and taken it to a whole new level. But what is an online marketplace exactly? And what does it take to build a successful one? In this post, we are … [Read more...] about How To Build A Successful Marketplace Startup
Great startup ideas to make money in 2020
The year 2020 has become a real surprise for businesses all over the world as nobody expected the pandemic that kept all people at home and thus ruined the majority of them. However, life is going on, and we should adapt to the situation by coming up with new and more relevant business ideas based on customers` needs. Students are believed to be the most innovative … [Read more...] about Great startup ideas to make money in 2020
A PEST Analysis Of Entrepreneurship
Is entrepreneurship the future of work? Maybe. Nowadays, many people feel unappreciated at their corporate jobs. They yearn to make their own profits without ever hitting a ceiling. They fantasize about working in their PJs, on the couch, comfortably at home. As an entrepreneur, they can do just that. They choose their hours and never have to report to a boss – because … [Read more...] about A PEST Analysis Of Entrepreneurship
How Your Business Could Fall Without Proper SWOT Analysis
3,200 high-growth, web, and mobile startups were studied during a 3-year period. 92 percent of them failed [1]. And 74 percent of those failed was a result of premature scaling, brought on by a lack of an effective business model. Terrifying? Yes. But with the use of proper SWOT analysis – assessing the strengths, weaknesses, opportunities and threats of businesses – you’ll … [Read more...] about How Your Business Could Fall Without Proper SWOT Analysis
How to Use SWOT and PEST Analysis in Startups
When an organization is established and its setup is laid out, a proficient and well-thought business strategy has to be adopted. With this strategic approach, the nature, ability, and quality of a business are assessed: there are various internal and external factors that may determine an organization’s probable future. In this article, we will thoroughly examine two of the … [Read more...] about How to Use SWOT and PEST Analysis in Startups
Examples of SWOT Analysis for Web Startups
SWOT analysis is a commonly used business tool that can help boost future business performance. It helps identify how certain internal and external factors affect business. Small and big companies rely on this technique. The traditional SWOT analysis can also help web startups. Web startups often use SWOT to find out how user-friendly a website is. In this age of digital … [Read more...] about Examples of SWOT Analysis for Web Startups