Entrepreneurship Archives

The 10 Traits of an Effective Leader in Business

What are the top traits of an effective leader in business? How can developing these traits help you to succeed in your career? In his book Business Made Simple, Donald Miller says that businesses are much more likely to notice and promote people who quantifiably bring more money into the company. With this in mind, Miller’s book describes the ten traits of an effective business leader capable of adding value to an organization. Keep reading to find out the ten traits of an effective leader in business, according to Miller.

How to Open a Company: The 2 Essential Steps

Do you know how to open a company? How should you market your business? Once you’ve nailed down what you’re going to sell and you’ve established yourself as the creator of a solution, it’s time to move on to the next step. Sahil Lavingia’s book The Minimalist Entrepreneur says that you’ll be ready to open your business. Let’s look at Lavingia’s advice on how to open a company.

How to Find Your Niche to Grow Your Business

What is a niche? Why is it important to find your niche in your business? A niche is something your business will specialize in. In The Minimalist Entrepreneur, Sahil Lavingia explains that your niche should be a solution to a problem that’s already present in certain communities. Learn how to find your niche so you can help others.

How to Identify Your Potential Market in 3 Ways

What type of business are you in? What is the key to identifying your potential market? In The Minimalist Entrepreneur, Sahil Lavingia says the first step in building a minimalist business is identifying the right business for you. To do this, you need to find your niche and establish yourself within the community. Let’s look at how to identify your potential market.

The Minimalist Entrepreneur: Book Overview

What is The Minimalist Entrepreneur about? What are the main takeaways of the book? In The Minimalist Entrepreneur, Sahil Lavingia says you don’t need any funding to start a business. In his book, the successful business owner gives detailed advice for starting your own profitable “minimalist business without using venture capital. Read below for a brief overview of The Minimalist Entrepreneur.

Anything You Want: Derek Sivers’s Book Overview

Looking for an overview of Anything You Want by Derek Sivers? What is his advice for starting and running a successful business? In Anything You Want, Derek Sivers gives recommendations for building a business that meets customers’ needs while still fulfilling your passions. Sivers argues that to run a successful business, you have to know yourself, what you love, and what you want in life. Read on for an overview of Anything You Want—Derek Sivers’s best-selling book for hopeful entrepreneurs.

When to Sell Your Business & How to Do It

How do you know when to sell your business? How do you close a business? In his book Anything You Want, Derek Sivers says that as the owner of your own business, you should pay attention to what makes you happy and the passions that fuel you. When you no longer feel passionate about running your business, Sivers says it may be time to walk away. Keep reading to learn when and how to sell your business, according to Sivers’s advice.

The Next Big Tech Company: What It Takes (+ 4 Candidates)

What does it take to become a tech giant? Who will be the next trillion-dollar tech company? Is it finally Microsoft’s turn? The Four (Amazon, Apple, Facebook, and Google) have dominated the marketplace for years, but, even in the absence of efforts to break them up, Scott Galloway says the Four won’t always be on top. History demonstrates that even the most successful companies can’t stay on top forever. We’ll first explore the factors Galloway claims are necessary for a business to be the next big tech company. Then, we’ll identify four potential candidates for that position. Take a look.

How Organizational Purpose Outshines Profitability

How is an organization’s purpose determined? Should profit be a driver or merely a byproduct? The strongest driver of a company’s culture is its overriding purpose in the world. As Frédéric Laloux explains in Reinventing Organizations, this purpose is not dictated from on high but emerges organically from the work the company does and the values of its members. Keep reading to learn about the preeminence of organizational purpose in visionary companies.

Create a Teal Company (or Transform Your Business Into One)

Would you like your company to put purpose above profit? Are you eager to lead self-directed employees? In Reinventing Organizations, Frédéric Laloux identifies an emerging breed of company that operates from a new set of rules. These visionary organizations (“Teal companies”) embody principles of self-direction and individual authenticity while following a collective higher purpose. Keep reading to learn how to create a Teal company of your own.