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Showing posts with the label Business Mentor

3 Consumer Trends In 2023 Entrepreneurs Should Watch Out For!

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  Do you understand your customers? What their fears might be or the value they possess? Understanding your customers is a very important aspect of any business. Knowing about the challenges they are facing and what they expect from businesses can contribute to a business’s success. These factors affect how they interact with your company. Here are three consumer trends you should watch out for in 2023: 1.            Trust-Based Economy Be it a personal or a professional relationship; trust is a significant part of anything that forms a strong foundation. Unfortunately, it has become a commodity in these modern times. But the brighter side is that it has not lost its value. Rather it has gained a lot of value for businesses like Uber, Ola, Airbnb, and a lot more companies that completely depend on customers’ trust. As we get into cars with strangers, sleep in the homes of people we’ve never met, and lend money to others on the o...

How To Hire For Startup Business: The First 5 People You Should Hire!

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  Summary: To turn your small business into a large enterprise, you will need more people. Here are commonly suggested first hires for your business. You created a product or a service. You started your business. You got your first 100 customers and your business started making a little money. Now it’s time to hire the right people to take your business to the next level. Most often entrepreneurs find themselves confused when it comes to deciding who those people should be. While some people take the right step and consult a business coach , others decide to figure it all out by themselves which often leads to a waste of time and money. The people you hire today will benefit your business tomorrow. Though hiring people should depend on your business needs, any employee that you will hire needs to have a set of few qualities- flexibility, passion, and integrity. Hire people who have diverse experience and are capable of hand responsibilities until you expand further. So, star...

9 Reasons Why You Should Become An Entrepreneur!

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  For some people, entrepreneurship is the way of life. To create something new that will add value to thousands of lives is exciting. While some of us feel happy with our 9 to 5 desk jobs, others may be having other goals. Every entrepreneur has a different story to tell. What inspired them to establish their start-up business and what encouraged them to quit their decent-paying jobs to take the entrepreneurial leap? Everyone will tell you a unique story. Some have known from the start that they wanted to work for themselves while others come up with ideas while working for someone else and decide to take the entrepreneurial leap.  However, there is one thing on which most entrepreneurs will agree is that being an entrepreneur is great! Why? Well, every entrepreneur will have his or her reason; however, here are nine top reasons why being an entrepreneur rock: 1.       You will sit behind the wheel! And by that, we simply mean that you will be in contr...

Want to Create a Successful Brand? These 5 Simple Steps Will Guide You!

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  Summary : Evaluating, developing, and documenting your brand’s position and purpose is crucial to building a strong and successful brand. Launching a new business is both challenging and exciting. The promise of something new that could be wildly successful, be it your well-established company or a new venture, the real challenge comes in getting it right the first time. Many startup owners often take help from business coaches , who with their years of experience guide them how to navigate through rough waters of the business world. Getting your branding right, from the beginning is very important because, in the long run, it will typically cost you far more to rebrand it in the future. To help you move in the right direction with your branding, here are some of the elements that many successful brands include in their branding process. These are actionable points you should consider and evaluate before you launch your new brand — product or service — into the market. 1. ...

13 Powerful Quotes By Anand Mahindra To Recharge your Dreams

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  Summary: Anand Mahindra is ranked among the top 30 CEOs on social media. Apart from being a powerful leader he is also popular for voicing his opinions on various matters in the country and across the globe. They say ‘a happy person makes a great leader’. Anand Mahindra, who is a Mumbai-based multinational conglomerate with revenue of more than $21 billion and the chairman of the Mahindra Group is standing true to his name. Born on May 1, 1955, Anand Mahindra’s net worth is 210 crores USD. Bestowed with the Padma Bhushan Award, India’s third highest civilian award, Anand Mahindra was also included among the 'World's 50 Greatest Leaders' by Fortune magazine and was featured in its 2011 listing of Asia's 25 most powerful businesspersons. While Anand Mahindra has been investing in Indian startups some of which include digital news website SheThePeople, social media platform LocalCircles, food tech startup DishCo, education company Naandi Education Support & Tr...