Entrepreneurship Archives

Importance of Knowledge in Entrepreneurship

Is knowledge your secret weapon? How can you leverage your learning to strengthen your startup? If you have considerable or specialized knowledge, you have a leg up over the competition. Knowledge is one of the unfair advantages identified in the book The Unfair Advantage by entrepreneurs Ash Ali and Hasan Kubba. The authors discuss a potential drawback of knowledge, how to know if knowledge is your unfair advantage in particular, and how to improve and make the most of your knowledge. Continue reading to learn about the importance of knowledge in entrepreneurship.

Location & Timing in Business: Your Advantage?

How important are location and timing in business? Are they a built-in advantage for you? If you’re in the right place at the right time, you have a leg up over the competition. Location and timing are unfair advantages identified in the book The Unfair Advantage by entrepreneurs Ash Ali and Hasan Kubba. The authors discuss potential drawbacks of good location and timing, how to know if location and timing are your unfair advantage in particular, and how to improve and make the most of your location and timing. Let’s take a closer look at this unfair advantage.

Startup Mindset: The 2 Attitudes You Must Have

If you want to succeed with your startup, what must you believe to be true? What should you value? According to entrepreneurs Ash Ali and Hasan Kubba, your mindset determines your level of motivation and your ability to set ambitious but realistic goals. If you lack the right mindset, any action you take is less likely to succeed. We’ll look at two main aspects of the right mindset Ali and Kubba describe: first, believing that both hard work and luck matter, and, second, knowing your purpose. Keep reading to learn more about the optimal startup mindset.

The Unfair Advantage: Book Overview

Why do some startups skyrocket to success and others fail? Better ideas? More money? Good timing? The Unfair Advantage (book by entrepreneurs Ash Ali and Hasan Kubba) explains that founders of successful startups exploit their unfair advantages, the qualities or conditions that give them an edge over competitors. There are many types of unfair advantages, and everyone has at least one, according to the authors. To achieve startup success, you just need to find and use your unfair advantages to fuel business growth. Keep reading for an overview of the book and see what you can apply to your own

How to Create a Business Strategy (Tribal Leadership)

How should you go about creating a business strategy? How do you make sure that your strategy is worth committing time and money to? Tribal Leadership authors Dave Logan, Halee Fischer-Wright, and John King contend that creating a values-aligned business strategy is vital as you work to unite your tribe. To develop your strategy, you must have three specific discussions with your tribe. Also, your strategy must pass three tests if it’s to be complete. Read more for Tribal Leadership advice on how to create a business strategy.

Tribal Leadership Stages: How Culture Develops

What are the five Tribal Leadership stages? How do you move your organization from one to the next? Any organization succeeds or fails on the culture of its tribes—groups of individuals that share ways of thinking, interacting, and working—and can improve their organization by upgrading the cultures of those tribes. To elevate a group’s culture, tribal leaders coach their people through five stages, progressing toward the inspired teamwork of Stages 4 and 5. Implement these leadership stages and strategies effectively, and you’ll improve both your bottom line and your employees’ happiness. Keep reading to learn more about these stages of cultural

Why Purpose-Driven Organizations Are Successful

What is the definition of a purpose-driven organization? How can leaders create purpose-driven organizations? Author Simon Sinek co-wrote Find Your Why with David Mead and Peter Docker: a book that lays out a step-by-step process for discovering purpose. According to Sinek, a purpose-driven organization is more successful and contributes more to the world. Read on to learn why purpose matters in organizations and advice for leading a purposeful organization, according to Sinek.

Why Did You Start Your Business? Know Your Purpose

Why did you start your business? Are you clear on your purpose? Business startups already have a ton of unknowns. Your business’s purpose shouldn’t be one of them. When you’re clear about the reason you started your business, you’ll be more fulfilled and motivated to stick with it—and your chances of success will go up. Keep reading to learn more about getting clarity on your business’s purpose.

Hard Work and Luck in Business: Do You Need Both?

When it comes to business success, do you need both hard work and luck? What mindset should you have toward these factors? In The Unfair Advantage, authors Ash Ali and Hasan Kubba discuss the role of hard work and luck in business. They contend that you must simultaneously believe that hard work pays off and acknowledge that luck can be the difference between success and failure. They offer advice on how to balance these two beliefs. Continue reading to learn Ali and Kubba’s views on hard work and luck in business.

Learn Entrepreneurship: Best Books, Blogs, & Podcasts

Are you looking to break away from your current job and become your own boss? Do you already have a business idea in mind? Or are you still in the dreaming stage? Whether you already know what you’re passionate about and how to monetize it or you’re still brainstorming, we’ve got you covered. We’ve compiled a list of the best resources for entrepreneurs, including books, blogs, and podcasts. Get inspired by success entrepreneurship stories, become an expert in business theory, and learn helpful tips from those who’ve already walked the path you are about to embark upon.