Nwa-entrepreneur

Business and Industry

Category: ABOUT BUSINESS Page 2 of 11

Spot A Fake Startup Entrepreneur!

Spot A Fake Startup Entrepreneur!

We’ve all been to a startup networking event and met someone who tells you that their ‘great’ idea is going to change the world, haven’t we? You stand and listen to their ambitious claims for a few minutes just to realize that they haven’t even done their homework. The idea isn’t new, or it simply won’t work. Soon, it transpires that they have done no market research yet still expect to find a co-founder.

Spot A Fake Startup Entrepreneur!

Surely these guys are just deluding themselves and not only are they wasting their own time, but also everyone else’s, but sadly today with the money sloshing around in these circles, there are more and more of them. Here are a few ways to spot the dreamers:

‘I have a unique idea’ – Let’s face it, there are 7 billion people on our planet. It is highly unlikely that any idea is unique. If you look at the stats, many of the most successful startups did not have unique propositions. It’s the implementing of the idea what matters.

 ’I have 8 other great ideas’ – A variation of the above. Steer clear. It is difficult enough to make one idea happen, even if your motivation and organisational skills are second to none! More than one spells lack of focus and not 100% passion.

‘Where are the beers?’ – Beware of ‘entrepreneurs’ who only attend networking events for free booze. They are free-loaders not entrepreneurs. It’s the content of the event that should attract real entrepreneurs, not free beers.

‘I can’t tell you anything’ – We are in ‘stealth mode’. This generally means they haven’t worked out what they are doing and are too embarrassed to admit it.

 ’My website is under construction’ – It’s fine to have a landing page for a couple of months, but it’s not okay to have a site under construction for 6 months. How difficult is it to build a website these days? Not very…

 ’I have a fixie bike’ – Having a fixie bike, a cool beard or moustache may make you a hipster but it doesn’t make you a startup founder. There are quite a lot of these species roaming the streets of Shoreditch. Good to hangout with. Bad to invest in.

 ’I only need £1M’ – Asking for unrealistic amounts of money at an early stage is a sign of naivety and sends out warning signs. Look for entrepreneurs who look for funding that is appropriate to what they need to get them to the next stage.

 ’I have been working for IBM’ – …for 20 years. Working for a corporate company, however innovative, is not entrepreneurial. Being a rebel in a corporate world is still not being entrepreneurial. It is just being rebellious. Working for a bank is definitely not being entrepreneurial, however much you embrace innovation.

 ’My mum told me it would work’ – The best validation for an idea is proof that someone will buy it. This can be achieved by creating an MVP. Then … READ MORE ...

Must-Have Business and Marketing Signage

A business’ image, its branding, is everything in this day and age. With so many businesses growing overnight in certain industries, it gets harder and harder to stand out. This is due to the fact that these businesses get their logos from the same place, have their marketing done by the same types of firms, and so they end up looking alike. One of the marketing materials that can make a big difference in branding, however, is signage. For that reason, in this article we will be discussing some of the signage like Digital Sign Boards from Retail Motion that a business cannot afford NOT to have, and some of the signage that will increase customer acquisition and sales.

Must-Have Business and Marketing Signage

Must-Have Signage

The trend that has been occurring for the past five years has been businesses thinking that they can be purely online. Though some are able to pull it off and it may make sense financially, having a store where people can physically see a product and talk to someone in person about services, still has a lot of power. If you’ve remained a physical store or outlet, and you don’t have the following signage, you need to reconsider, right away.

  • Floor mats for entrances and interiors
  • Signs compliant with the ADA
  • Signage that’s persuasive and product-specific
  • Informational Signage
  • Signs for your exterior

Floor mats can have a great impact depending on the words you select. If you study sales enough, you will be able to create a “buying mood”, right when people enter through your doors. ADA stands for “Americans with Disabilities Act” and these signs can include the braille writing on the exterior of a bathroom door. Another type of signage that you can’t miss having inside your area is persuasive signage. These include items like the red “sale price” tags, as well as buy one get one 50% off, among others. Informational signage is mostly seen in stores like Walmart where on the top of each isle you see what the isle contains, such as rice, beans, and spices or cereal, etc. The last and most important type of signage to have at your location is outdoor signage to allow the sign to not only capture people’s attention and bring them into your store, but to let them know of any specials of the day, or ongoing promotions.

In conclusion, in this article we discussed some of the signage that your place of business or location should have in order for it to be seen as a professional venue. There’s a reason why realtors and event coordinators use all five of these signs when promoting; it makes it easy for the target audience. These five are the “staple” signage to have, but there are other more powerful types such as neon signs and billboard, but these will be a lot more expensive, but in time the return on investment will pay for them.… READ MORE ...

Three Great Advantages of Buying Your First Franchise

If you want to own your own business, there are many different ways to do it. From starting a business venture with a friend or a family member to opening a lemonade stand for your children, you may be able to pick and choose the one that you really want today. Also, if you are blessed enough to carry it through, you can stand to make hundreds to thousands of dollars each year.

Three Great Advantages of Buying Your First Franchise

Starting a successful business is not always like talking about it since it requires a wide variety of effective and efficient factors to come together. In fact, to get any business off the ground, you need to make sure that you have a good reputation that people can easily trust. In short, this is usually called your brand. Building up a brand is not always easy, even the biggest brands like McDonalds and Walmart had to start from somewhere, and it can take many years for everyone to catch on to your name.

To circumvent the process of having to build up a brand, there is at least one alternative option that you may want to take advantage of, and that is buying a franchise for sale. Similar to buying the good reputation of an individual to get to the top in a particular profession, the brand of a franchise can help you in succeeding. So, what are the advantages of buying a franchise.

1. Use the Power of the Brand — Think about buying a Franchise

The mega brands like Sams and Walmart have a strong identity in the business world and in local communities today, so they can sell about anything that they want to and they can make millions of dollars at a time. In fact, virtually anything that they sell in their stores can be successful with this store’s brand backing. For instance, if the store sells a new product, people who frequent these stores will most likely buy it because Walmart and Sams only sell things that hold a certain amount of high quality items. Hence, when you buy a franchise that has a mega brand, you will have an instant success in virtually any location that you choose.

2. Training for the Business Available

Operating a business can be challenging when getting it up and running. Training people to work in certain areas of management and meeting certain standard procedures, all of which can be expensive and very time consuming as these training sessions are developed. However, with a franchise, the training is already laid out and ready to transfer to the new franchise brand owner.

3. Great Support

When the training has been completed, the franchise itself does not leave the new franchise owners to themselves to struggle through it. Instead, their role is to make sure that the franchise everything that they need. Handling cash, using a certain accounting system and the like, these professionals are usually committed to providing the support that is needed at every step … READ MORE ...

Making an Effective and Worthy Presentation

In the workplace, presentations come in handy as an effective method of putting across ideas to the rest of the workforce. Whether trying to prove an idea or summarizing a given report, presentations come in handy and can be utilized for a wide range of purposes. When preparing for a presentation, one is always concerned about whether the presentation would be up to par with the expectations of the audience. Whereas there is never a perfect presentation that meets every possible criterion, there are certain standard tips that one can utilize when preparing the presentation to ensure effectiveness in communication and comprehensiveness when putting across the intended message.

Making an Effective and Worthy Presentation

Open the Session on a High Light Note

The first important tip to always remember when making and preparing for presentation is to open the presentation session by building rapport with your audience. There are many ways of doing so, the most common of which is starting up with an icebreaker and on a light note. Doing so creates a warm and friendly atmosphere that gives your audience the incentive to listen to you for the rest of the presentation. It also brings your audience at par with you and makes them enthusiastic enough to give you their attention for the rest of the session.

Incorporate Humor

The second important tip to always remember when creating content for your presentation is to maintain a healthy and well-composed sense of humor. Where’s the presentation may entail a rather serious topic, creating humor within the content would ensure that the audience would give you the attention necessary. Humor is also highly necessary as it gives the audience the ability to remember critical points conveyed within the presentation.

Practice the Delivery

After preparing the presentation content, it is always critically important to ensure that you practice your preferred mode of delivery as that gives you the necessary confidence to stand before your audience in real life. Such a practice can be done in front of a mirror or even in front of a colleague who would assess your ability to audibly and confidently convey the message. Part of the practice also entails testing all the necessary equipment that would be used for the presentation.

Modern-day presentations are made using laptops and projectors. Testing out the equipment would save you valuable time and mishaps that may happen during the actual presentation where equipment may fail. Items such as projectors have different technical specifications that may affect the quality of your presentation. If you wish to secure a good projector suitable for your specific presentation, you can use a click here option on a website for a wide array of projectors that are suitable for different presentation occasions.

Keep It Simple and Straightforward

The last tip involves keeping your points simple, straightforward, and to the point. The simplicity of the content gives the audience less of material to synthesize as it preserves the main points for them. Simplicity also entails ensuring that any points enlisted within the … READ MORE ...

Four Essential Benefits to Hiring a Managed Security Providers

As businesses across the globe experience a wide range of different data security threats, it is becoming more and more important that the proper security measures are put in place. From making sure the databases of the company are protected from malware attacks to ensuring the data in a central storage system cannot be accessed by intruders, there is a lot that must be done to make sure the company’s systems are protected at all times.

Four Essential Benefits to Hiring a Managed Security Providers

With this in mind, there are some things that each company and their representatives can do to ward off problems. One of the most advantages is hiring a security service to address, implement and protect the company’s computers and networks systems from cybercrimes. To that end, for those of you who are interested in the benefits of hiring a managed security solution for your needs, here are some of the benefits that you need to consider as you make your choice to hire.

Detection of Intrusions

When a managed security team is involved in a company’s data systems, they can help to identify intrusions before the databases are adversely impacted. By identifying these threats before they happen, these teams can help to avoid the company losing time and money too. This is why so many companies are looking to hire these teams to handle their security risks proactively instead of after the fact.

Round the Clock Monitoring Services

In addition to proactively detecting intrusions before they occur, these teams are also skilled in providing round the clock monitoring services. With these services, the systems are not only being monitored for security risks but also ways to minimize the threat if the systems are hacked in to create undue data exposure risks and other associated problems. Also, with these services the systems can easily be brought back up again so that any downtime that is caused is minimized.

Specialized Expertise

Setting up and tracking a computer system and the network that is attached to it is not as simple as some people may think. Specifically, when it comes to managing the security of the systems properly before it is hacked into by intruders. Because the skills that it takes to do this job requires a special expertise, the company that works with these procedures may need a certain managed security services provider to do this job. This is usually the situation when the company’s representatives are looking for a company that maintain their security without compromising the data that is stored.

Security Audits

When a managed security solution is hired to protect a company system, they are not only proactive about the duties that they perform, their job is to do security audits too. With a security audit, these professionals have the expertise to find places of exposure in the company’s systems that could cause potential problems. These audits will give the company’s offices and assessment of their systems in order to make the necessary improvements.… READ MORE ...

Page 2 of 11

Powered by WordPress & Theme by Anders Norén