Training staff is great for business. It motivates employees, boosts retention and drives efficiency. But what if you’re a cash-strapped startup? Is it possible, or even advisable, to invest in staff training on a bootstrapped budget? The simple answer is yes!...
A vital element of business growth is the preparation for growth. Structuring your team for business expansion is one of the important tasks. Find out about how this can be done! Let’s discuss these in more detail. Be clear on your vision The starting point in your...
Every business must change at some point. It might be a pivot in strategy. It could be an entire transformation. Either way, it won’t be easy. Because trying to alter tried and tested ways of working can be a real headache. And, no matter how good your intentions, it...
A period of rapid growth can be both a blessing and a curse for your business. It can mean higher profits, employing more staff and a sustainable future. But, it can also mean you get overstretched, experience a huge change in company culture, hire the wrong people...
Many businesses struggle to convert inertia into potential energy at the start of a new calendar year. But just imagine if you could close the business year on a high with maximum energy and enough momentum to carry you into the next. Attention to just a few details –...
There’s never an ‘ideal time’ to launch a business venture. The economic environment will never be perfect and there will never be an optimum window in which to launch your product or service. So, it can help to take a look at yourself for signs you might be ready to...
Successful businesses require strong leadership, but the leadership skills that provide the spark for a small business to take off are not the same as the skills required to keep a large corporation powering forward. As businesses grow, their leaders must adapt and...
‘People who take risks are more likely to succeed as entrepreneurs.’ If you’re thinking about starting your own business, you’ve probably come across this theory before. Usually while learning about the rags-to-riches backstory of your favourite entrepreneur, who, at...
Writing a business plan takes time, energy and a lot of research. So why go through all that effort? One reason is that it’s simply a good idea – in his book on the subject, author Mike McKeever justifies it like this: ‘Almost without exception, each business owner...
Fear can be a paralysing experience for anybody, and entrepreneurs are not immune. Many would-be business founders actually never take the leap into entrepreneurship, for fear of what might happen. But is fear a barrier to success or a motivator? With the right...
Entrepreneurs are thriving. That’s especially true in the UAE, where there’s a real push to attract the best from all over the world, give them a platform for innovation and disruption, and help them shape the world over the next century. According to MAGNiTT, in the...
Where do you fit on the control freak scale? It’s normal for entrepreneurs to be involved in every tiny aspect of an enterprise – founders are often solo players and are typically responsible for every decision in the early stages. But entrepreneurs who know how and...
