Good Evening Entrepreneurs
Start small but think Big
Having a positive mindset will make you succeed and conquer your fears don’t be afraid to take the risk because of your size grab every opportunity. @terrymap1@MightySolution3#MotivationalQuotes#entreprenuer#StaySafe
💬 "#Entrepreneurship is one of the most important drivers for job creation. [It] offers not only a path for young people to #transform their own lives, but also a way to #empower others. - Arancha Gonzalez
Today for a business to remain relevant and competitive you need to operate like how technology will be in 5 years to come. Realign your strategy
#entrepreneur#StaySafe#innovation
Tips
Be innovative
The world is changing & as an entrepreneur you need to stay updated and always coming up with innovative solutions that improve your business efficiency. Gone are the days when business used to be done according to history or 5-year experience
#entrepreneur
3/10 High Interest % ; Admin Fees
The higher the interest % the higher the repayment amount. High int % may reduce profits & increase default chances.All % must be calculated and considered 1st
#entrepreneur#StayHome#loans
2/10 Unclear T&Cs
Every borrowing comes with T&Cs such as fees . Do not borrow when terms are not clear because some financiers have hidden costs which you may only realise after your account has been credited with less amount you expected.
#entrepreneur#staysafe
1/10 Competition
Do not borrow with the intention to out-compete your competitor especially when you do not know the secret behind their competitive advantage.
It is better to implement other customer retention strategies to gain competitive advantage than borrowing.
Acquiring this knowledge will help entrepreneurs; CEOs make well-informed decisions that will prevent a business from entering into financial problems.
Below are some of the situations when your business should not borrow.
#entrepreneur#StaySafe
Dear Entrepreneurs
This week l will be sharing tips under the topic:
"When your business should not Borrow"
I feel it is important for every Entrepreneur to understand this topic. I will be posting the whole week on this topic.
@MightySolution3#entrepreneur#StaySafe
2/2 Put something in your business before inviting any1. Nomatter how small it is, a few years later it will be something attractive. Also the greater your own shareholding the lesser chances of your business being swallowed.@MightySolution3#entrepreneur#tips#freeadvisory
Dear Entrepreneurs
1/2 One of the reasons why most of your loan applications are rejected by funders is because you haven't yet risked your own enough resources in your idea. So no funder wants to risk their money on your behalf.
@MightySolution3#entrepreneur #funding#tips
Dear Opportunity Seeker
An opportunity wont come your way when no one knows your name or what you are good at or what you are seeking.Opportunity decisions are made when you are not there. So if you really need that job, contract etc make sure you are known out there
We can be a better individual,organisation, nation ,world if we all support each other initiatives. By just following, like, retweeting,tagging or commenting one's post can help the post locate an opportunity.
@Lasofcoaching@tavongapro@Jekeso1@anfcap@awamo_group
We can be a better individual,organisation, nation ,world if we all support each other initiatives. By just following, like, retweeting,tagging or commenting one's post can help the post locate an opportunity.
@Lasofcoaching@tavongapro@Jekeso1@anfcap@awamo_group