Monday, 13 August 2012

Should I Start a Business?

Coworking at Hub Vilnius For many of us especially those who aspire to be an entrepreneur having our own business may only ever feel like a pipe dream. However for others' it is a more realistic possibility. There are a number of issues that need to be considered before deciding whether starting a business is the correct decision for you. Below I have highlighted some of the key areas you should explore before starting your own business:

Monday, 6 August 2012

5 Tips So Entrepreneurs Can Manage People Too?

LeadershipAt the initial set-up or launch phase you may not have considered that you will need to manage others. At the early stages as an aspiring entrepreneur the only staff within your business may be yourself. However as your business expands it is likely that at some stage you will be managing others. Whether this is through hiring freelance workers or permanent employees at some stage you are likely to managing others'.

Tuesday, 31 July 2012

Tips to Help Entrepreneurs Delegate

010-When you don't know how to trustIn a previous 2 part series I discussed some tips to ensure you have effective time management. Within this I briefly discussed the importance of delegation. For the aspiring entrepreneur delegation can be difficult to master. However if you are to be successful being able to delegate is likely to be a skill you will need to be able to utilise. For many entrepreneurs one of the biggest reasons for not delegating may be a lack of trust or faith in the individuals you are delegating to. Perhaps you fear they will "mess it up" or that it would be

Sunday, 29 July 2012

9 Tips to Manage Your Time - Part 2

30 Days of Gratitude- Day 9As discussed in part 1 of this two part series effective time management is an important part of being a successful entrepreneur. This is particularly important if you are providing a service for individuals or businesses. You will only continue to get business if you are reliable and complete tasks in the timeframe given. Individuals and businesses have busy lifestyles and schedules and do not like to be inconvenienced. People and businesses will feel inconvenienced if tasks fall behind schedule. They are unlikely to give you repeat business if their first experience with you is

Saturday, 28 July 2012

9 Tips to Manage Your Time - Part 1

Time for ChangeAs an aspiring entrepreneur if you haven't got effective time management skills then this is an area you will need to develop in if you want to improve your chances of being successful. Effective time management skills carry a number of benefits. For example you will utilise your time and resources more efficiently which will ensure you complete all the tasks you need to within the day. Many aspiring entrepreneurs find themselves wanting to become an entrepreneur so they can "be their own boss". Although this can carry a number of

Tuesday, 24 July 2012

5 Top Tips to Create a Business Plan - Part 2

sanaa, zollverein kubus, 2003-2006This is part 2 of a 2 part series with the first part available by clicking here.

3. Analyse your competition
It is very important that before you launch your service or product you analysis your competition. Knowing your competitiors strengths and weaknesses is very valuable information in terms of making your business

Sunday, 22 July 2012

5 Top Tips to Create a Business Plan - Part 1

Design by connectionThis is part 1 of a 2 part series which will discuss some top tips for creating a practical business plan:

One of the key aspects which can influence your business idea as an aspiring entrepreneur is the detail provided within your business plan. If you decide you don't want a business plan at all then you are making the task of being a successful entrepreneur a lot more challenging than what it needs to be. I have previously written a post "Fail to Prepare, Prepare to Fail". It is advisable that you delay the launch of any service or product until you feel you have a comprehensive plan. If you are new to business and have only recently decided to become an entrepreneur you may not fully understand the importance of having such a