Entrepreneurial Idea Generation: Understanding This Key Step in the Process
As an entrepreneur, one of your major job responsibilities is generating ideas. This starts at the very beginning with coming up with a viable business idea and continues with developing ideas on how to grow that business. [..]
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3 Target Markets for Fast Fashion
Some of the latest reports state that the global Fast Fashion Market valuation reached $93.66 billion in 2022 and is anticipated to grow to $167.50 billion by 2030. An industry that started in the 1980s has now exploded and [..]
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Who Is Really Responsible for Employee Morale?
If you’ve ever worked in an environment where the morale was low, you understand how dreadful it can be. Usually, the tension, stress, and employee disengagement are high. When this happens, people hate coming to work, [..]
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Understanding Organic Business Objectives
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In business, there are several types of business objectives to aim for. Some of these objectives can be social others are operational. Then there are organic objectives. While many have heard of operational and social [..]
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How Stop Employees from Driving Each Other Crazy
People have different personalities, work styles, and backgrounds. They also have different temperaments and goals. All of this and you’re bound to have a few employees that don’t get along. [..]
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Generational Family Business: What It Is and How It Works
Many entrepreneurs dream of running a generational family business. And why not, some of the most successful brands in the world started out as family businesses. Many companies like Walmart, Chick-Fil-A and Dell Computers [..]
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7 Ways to Support Your Friend’s Business
As a friend, you want to see the people you care about succeed and thrive. We all want our friends, family, and loved ones to get the most out of their lives and careers. That also goes for friends who have decided to [..]
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Social Objectives of a Business: What They Are and Why They’re Important
In 1970, American economist and statistician Milton Friedman wrote a groundbreaking essay in the New York Times on the purpose of business. In it, he states that “There is one and only one social responsibility of [..]
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What is a Business Model? Types, Examples, and Components
Understanding the concept of a business model is crucial for entrepreneurs, business students, and professionals. A business model defines how a company creates, delivers, and captures value. It acts as a [..]
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Supervisor Problem Solving: Steps to Improving This Vital Skill
As all leaders are, supervisors are frequently confronted with challenges that test their problem-solving skills. These skills are not just a part of the job; they are the essence of effective leadership and [..]
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