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Mostrando las entradas etiquetadas como entrepreneurship

Mauro Libi: 5 reasons that business project fail

     Unfortunately not all entrepreneurship projects culminate successfully, because a good percentage of businesses that with joy their entrepreneurs open their doors must close them later, immersed in a great sadness. Why do projects fail? Here are five reasons: 1. To think that there is an excellent budget: At the beginning of every business, it is necessary to have capital to open it, but it is also absolutely necessary to have a budget that makes it viable to function during the first stages of the business, when it needs to be stabilized and when sales are not sufficient to cover operating costs. When it is clear with regard to budgetary constraints, it is possible to plan to obtain new sources of financing. It can also help establish a strategy to motivate the workforce to work to increase productivity and sales. It also helps to increase awareness of operational costs in order to minimize them, simplify processes.    2. Not havin...

Mauro Libi: The entrepreneur sacrifices

     People usually give advice on how to undertake and what issues we have to avoid in to not failing, but very rarely people talk of the sacrifices that we have to make to finally achieve success as an entrepreneur. Even if it hurts (at the moment) for the sake of the project we have to learn to sacrifice things, moments and details. To do this, it is necessary to look at the reward that the sacrifice will bring. Here are three tips for making sacrifices without affecting you. 1. You are the one to make decisions: Whatever your project of entrepreneurship is, it is important that you assume your protagonism and make your own decisions. This will help you gain the maturity needed to balance the sacrifices and the benefits that these can bring. Growing up as an entrepreneur will allow you to be in a highly competitive world, full of risks but with great possibilities. Over time you will learn to choose, as well as what sacrifices you should make when ...