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Do You Know What Your Competitors Are Doing? Competitor Analysis in 5 Steps

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Competitor Analysis in 5 Steps

Competition drives entrepreneurs and if you are looking to stand up and stand firm against your rivals, competitor analysis can be the way forward. You need to pull up your socks and seek as much knowledge about your close challengers as possible. Competitor analysis is defined as a business strategy used to identify existing as […]

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4 Ways to Boost Enterprise Resilience with Systems Thinking

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4 ways to boost enterprise resilience with systems thinking

It’s not enough to excel at a steady pace, firms also need the resilience to respond to irregular operations and conditions. Fresh off a year-plus of supply chain disruptions and irregular operations precipitated by the global pandemic, organizations should make time to rethink resiliency and risk management. There are times when there is a major

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The Single Biggest Reason Why Start-ups Succeed | Bill Gross

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The single biggest reason why start-ups succeed | Bill Gross

Start-ups or businesses fail or succeed because of various reasons right? But what if we told you that there is one common reason behind all successful businesses Bill Gross has founded a lot of start-ups, and incubated many others and he got curious about why some succeeded and others failed. So he gathered data from

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Rules Of Building A Scalable Business

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Scalable Business

Rules Of Building A Scalable Business The most basic questions for any business to answer are – “Who is my customer? Scalability is not possible if everything is dependent on the entrepreneur If a system is not simple, then it is not a system. Entrepreneurs are the lifeline of any nation’s economy.  There is no

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11 Common Mistakes Made By Entrepreneurs in Elevator Pitch

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11 Common Mistakes in elevator Pitch

Elevator Pitch Mistakes Include Starting With Your Name, Talking About Technology, And Sounding Desperate Some of the mistakes that an entrepreneur should avoid during an elevator pitch are: Starting With Your Name – Revealing a lot about you at the start will not grab your audience’s attention right away. Swaying and Moving Your Hands –

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How to Nurture a Digital Workforce-Company

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How to nurture a digital workforce/company Adopting new technology is just one part of becoming a digitally savvy organization When it comes to digital transformation, most businesses focus on technology and new tools as they vie to keep up and find new ways to appeal to customers Companies that invest in the right experience for

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4 Strategic Leadership for the digital economy

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4 Strategic Leadership for the digital economy

The strongest leaders in the digital economy understand and appreciate the fact that they live in an ecosystem world. Most entrepreneurial traits largely fell into one of these four mindsets: 1. Producer : Organizations with this mindset are digitally savvy and operate with a sense of speed and urgency. They make disciplined decisions and get

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How Starbucks Uses Pricing Strategy For Profit Maximization

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Starbucks raised their beverage prices by an average of 1% across the U.S, a move that represented the company’s first significant price increase in 18 months. Starbucks claims the price increase is due to rising labor and non-coffee commodity costs, but with the significantly lower coffee costs already improving their profit margins, it seems unlikely this justification

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