A Pathway for Aspiring Entrepreneurs to Lay a Strong Foundation for Success


Venturing into entrepreneurship offers an exhilarating journey, requiring careful consideration and thorough preparation. This guide explores essential steps to help you identify the ideal business, empowering you to make informed decisions and lay a solid foundation for success. By following these critical steps from Temitope Adelekan, you’ll be equipped to navigate the complexities of entrepreneurship with confidence and clarity, setting the stage for triumph in your endeavours. Embrace the journey ahead with enthusiasm and dedication as you embark on this exciting path of entrepreneurship.

Aligning with Your Passions

Identifying a business that resonates with your personal interests and passions is vital. Engaging in a field you are deeply passionate about ensures that you find joy and fulfilment in your endeavours. This alignment significantly boosts your determination to overcome obstacles, sustaining your drive during challenging periods. Your enthusiasm for your work will be evident, attracting customers and inspiring your team, thereby laying the groundwork for a thriving business.

Crafting a Strategic Plan

The essence of a successful venture lies in a thorough business plan that sketches out your goals, identifies your target audience, evaluates competitors, formulates marketing strategies, and projects financial outcomes. This plan acts as your venture’s compass, steering your decisions and facilitating investment acquisition. It allows you to anticipate and prepare for any business scenario, ensuring a steady course toward your objectives.

Establishing Contingency Strategies

Preparing for unforeseen challenges is a hallmark of a prudent entrepreneur. By identifying potential threats to your business and devising strategies to counter them, you ensure your venture’s resilience. These contingency plans equip you to handle unexpected situations with poise, ensuring the longevity and stability of your business in the face of adversity.

Laying Financial Groundwork

Ensuring your business’s financial health is crucial for its success, with adequate capital as a key pillar. Your credit score plays a vital role in accessing diverse financing options, making it essential to aim for a high score to secure loans on favourable terms. Achieving financial readiness allows you to fuel your business’s expansion and easily tackle monetary hurdles. This foundation sets the stage for sustainable growth and financial stability.

Setting Attainable Goals

Setting goals is essential for guiding your business’s direction and fostering its growth. Establishing clear and achievable objectives, then breaking them into actionable steps, allows for effective progress monitoring and keeps your venture on course. This systematic approach ensures you stay focused on your business vision, driving you toward your goals with clarity and determination. By adhering to this process, you maintain momentum and steadily advance toward success.

Fostering Industry Relationships

Cultivating connections within your industry is instrumental in accelerating your business’s growth. Engaging in networking events, conferences, and online communities opens doors to valuable insights, mentorship, and collaborative opportunities. These relationships can be a source of support, advice, and partnerships, enriching your entrepreneurial journey with diverse perspectives and experiences.

Trusting Your Intuition

In business decision-making, relying on data and thorough analysis is crucial, but your gut instinct often provides invaluable insights. Your intuition may uncover innovative ideas and opportunities that conventional data overlooks, serving as a vital tool for differentiation in a competitive market. Trusting this inner voice empowers you to foster innovation and make confident decisions even in complex situations. Embracing your intuition can lead to strategic advantages and propel your business forward.

Choosing the ideal business demands thoughtful consideration, detailed planning, and a willingness to face risks with an open mind. By following critical steps carefully, you place yourself on a path to entrepreneurship filled with purpose and clear direction. Trust your abilities and remain flexible in your approach, ensuring your journey is rewarding and successful. Keep your objectives in clear view, guiding every decision you make. This approach empowers you to thrive in the dynamic and exhilarating realm of entrepreneurship.

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Brought to you by Justin Wigg

Edited by Temitope Adelekan

Are You Experienced? Customer Vs Organisation.


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Thanks to Bain & Company for the wonderful Infographic. I found the information very useful and i thought i should share it with you all. My favourite question is “In the eyes of your customers, what do you stand for?”. If every leader, CEO, employers and employees can genuinely provide an answer to the above questions, walk the talk, It will make a great difference! in the experience journey of every customer and in return add excellent value to the organisation.

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Epic Guide To Create a Successful Online Business – INFOGRAPHIC


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Online (www – world wide web) is where it happens these days. Brick and Mortar stores are doing pretty fine but the online market place is bigger and the future of most product/services oriented businesses. In terms of returns, the gap between an online market place compared to a physical shop can’t be ignored. The market is enormous. What are you waiting for? Is your business online yet or you are planning that anytime soon? Remember, it all starts from having an online presence. Below is an infographic that can guide you in starting your online business today.

The-Ultimate-Epic-Guide-to-Create-a-Successful-Online-Business

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Source – Click here

The Modern Boss


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Are you modern in the way you lead the people under you? Remember that meeting the demands of customers/employees starts from the internal before the external. What kind of relationship do you build with your people?

See also: 8 entrepreneurial skills you should teach your kids (infographic)

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Infographic source/credit: Click here

Instagram Tips For Businesses To Reach Over 400-Million+ Visitors Monthly (Infographic)


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Photo-sharing app Instagram is changing the way businesses promote their brands. This app allows businesses to make themselves more personable to their customers aside other great things you can do with the app. I think Instagram is one of the best marketing tools every business out there should take very seriously. If your business is not on Instagram, you are simply missing out on the 400-million+ monthly potential customers you can introduce your business to. So therefore, do you:

  • Want to reach over 400-million+ potential customers monthly?
  • Want to invite your users to window shop and increase your sale?
  • Want to keep your users updated about your latest product?
  • Want to widen the exposure of your brands using pictures and videos?
  • Want to offer exclusive benefits to users?

If yes, below is an infographic on how to make your company standout on Instagram.

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See also: 10 KEYS TO HAPPINESS (INFOGRAPHIC)

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Source: EyeCandy Infographic

 

10 Keys To Happiness (Infographic).


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See also: Procrastination, Motivational Quotes And 15 Ways To Overcome The Habit (Infographic)

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Source: EyeCandy Infographic

Give her a voice!


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Women are the fuel of any economy. I read somewhere that a country that promotes women remains a prosperous country with a flourishing economy. In my country, gender equality is still picking up among individuals, in our homes, organizations and government parastatals. While I can’t wait for this to take its full form in my country and see individuals, organizations support and promote the position and stand of every women home and abroad, Let us all learn from these few quotes and why giving them an equal chance will bring the change we desire in our homes, organizations and in governance.

1.
A woman is human.

She is not better, wiser, stronger, more intelligent, more creative, or more responsible than a man.

Likewise, she is never less.

Equality is a given.

A woman is human – Vera Nazarian

2.
When God created man and woman, he was thinking, ‘Who shall I give the power to, to give birth to the next human being?’ And God chose woman. And this is the big evidence that women are powerful – Malala Yousafzai

3.
Human rights are women’s rights, and women’s rights are human rights – Hillary Clinton

4.
Men, their rights, and nothing more; women, their rights, and nothing less – Susan B. Anthony

5.
I do not wish women to have power over men; but over themselves – Mary Shelley

While most people won’t support the quotes, the question is what are we worried about? Why are you “scared” if I am to sound direct? This is not about giving women more power but for women to have equal voice in our world.

Few days ago, my wife to be (Wink) was mad at me for the fact that I got angry at something she feels I shouldn’t hahaha..Very funny but what I learnt from her that day was the fact that as men choose to share what we feel the women should know, likewise for her and I have no right to be mad.

Well, at first I didn’t see it that way, I took it for lack of patience and ego on her side but come to think of it, she only reminds me that women are smart, confident, family oriented and knows her right from wrong. So if you don’t share with her from A-Z, don’t expect the same from her and whenever she feels like sharing, no point getting angry.

I think I have said too much. Women are worth giving the chance for gender equality. They earn it, they deserve it and we should all support the introduction of such. Women, aspire to any height without looking back. Support equality today the same way you will stand for your daughter, wife and mother. I celebrate you women and salute you all. Lend your voice to gender equality today!

Inspired by you “Candie” – I will never be a stopping stone but a stepping stone to get you to wherever you want to get to in life. I respect you.

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7 MUST KNOW MICROSOFT EXCEL TRICKS TO IMPROVE PERFORMANCE (INFOGRAPHIC).


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Microsoft Excel is a spreadsheet program that is part of the Microsoft suite of applications. This Microsoft developed software gives users the opportunity to calculate data, organize and format using a spreadsheet system designed in rows and columns. In addition, it has a GUI interface that allows a user to point and click using a mouse. Excel as it is popularly called also displays data as charts, histograms and line graphs. Recently, Excel skills are compulsory and a must have if you are job hunting or changing positions. While some users are experts in using the program (Excel), some users have basic knowledge and always updating their Excel skill day in day out. Below are few tips that will change the way you use Excel:

excel-tricks-that-will-impress-your-boss

 

 

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Infographic by STL culled from Best STL

 

 

 

Procrastination, motivational quotes and 15 ways to overcome the habit (Infographic).


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“Our goals can only be reached through a vehicle of a PLAN, in which we must fervently BELIEVE, and upon which we must vigorously ACT. There is no other route to SUCCESS” – Pablo Picasso

Beginning of every year, we tend to plan our year in advance by penning down what to be achieved. No doubt, this is the best way to start the year. I started this year with loads of goals to achieve in 2016 likewise some of us too. One habit is known to be human beings greatest challenge in achieving their individual goals and the earlier the better you tackle this, or you might have moved deeper into the year before realizing you haven’t achieve any of the goals.

This habit is called PROCRASTINATION. This is known to be a psychological behaviour that affects people to some degree or another. It is also a goal destroyer, a dream killer if not controlled or worked on, it leaves us with guilt, stress, inadequacy, self-disgust or depression. For most of us whenever there’s a goal or task that needs to be done either big or small, important or irrelevant, we answer by saying “I will attend or start later “or rather “postpone it till next day”. This is an habit that should be shun and cast out of our daily lives if we are to ever accomplish our set goals either personally or at our place of work.

Below are 12 powerful procrastination quotes to motivate you & 15 ways to help you overcome procrastination (infographic). So, wake up from your slumber, re-visit those goals or tasks and start work on them right away. Remember, if you don’t start, you wont know that you can. We all can only if we believe and courageous enough to start now. The quotes:

  • “My advice is to never do tomorrow what you can do today. Procrastination is the thief of time.” – Charles Dickens
  • “A year from now you may wish you had started today.” – Karen Lamb
  • “Don’t wait. The time will never be just right.” – Napoleon Hill
  • “You cannot escape the responsibility of tomorrow by evading it today.” – Abraham Lincoln
  • “The two rules of procrastination: 1) Do it today. 2) Tomorrow will be today tomorrow.” – Unknown
  • “What may be done at any time will be done at no time.” – Scottish Proverb
  • “The best way to get something done is to begin.” – Unknown
  • “Whatever you want to do, do it now! There are only so many tomorrows.” – Michael Landon
  • “Procrastination is like a credit card: It’s a lot of fun until you get the bill.” – Christopher Parker
  • “You don’t have to see the whole staircase, just take the first step.” – Martin Luther King
  • “The perfect time to start something never arrives, so therefore, start now.” – Unknown
  • Begin while others are procrastinating. Work while others are wishing.” – William Arthur Ward

I hope you find the quotes useful. Here are 15 ways you can overcome procrastination.

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Remember, information/knowledge is never enough. Let us spread the word!

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Infographic Source: Essay.Expert

Tips on how to manage work-related stress (infographic)


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Work-related stress is a rising problem around the world. It arises when a job or different work demand surpasses the power and competence of a person to cope. Some of the common work-related stressors are: The work environment, organization culture, change process/management, job contents, bad/horrible bosses e.t.c.

Individuals differ. Jobs that I may feel or see as stressful, to another might sound or feel interesting. So therefore, factors like a person’s psychological nature, personal life, health, state of mind play a huge role in understanding and managing stress at work.

There are various signs of work related stress. In this article, I will limit and classify them into the 3 common parts that are:

Physical

Emotional

Behavioural

Examples of work-related stress physical signs are:

Headache

Insomnia

Constipation

Fatigue e.t.c.

Examples of work-related stress psychological signs are:

Overwhelming

Anxiety

Irritation

Discouragement e.t.c.

Examples of work-related stress behavioural signs are:

Reduction in work performance

Reduction in creativity level

Mood swings

Aggressiveness e.t.c

Can you identify with any of the listed signs?

If yes, there is no cause for alarm. Together, we can successfully manage and further prevent work-related stress. Below is an infographic on managing work related stress.

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Or click ManagingWorkRelatedStressInfographic to see a bigger version of the infographic.

It is advisable we practice these tips daily and also, share the information with colleagues, friends and family. If taken seriously, below are 4 projected benefits:

Increased self/work productivity

Greater job satisfaction

Improved employee health

Less illness and lost time/fewer injuries. E.t.c.

Remember, information/knowledge is never enough. Let us spread the word!

Thanks for taking out time to read through. Feel free to share, drop your suggestions or contributions.

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Source: Infographic