EntreCity – City of Entrepreneurial Learning and Sharing City of Entrepreneurial Learning and Sharing

Business plans are not made overnight. They take considerable amount of time and effort and are acknowledged as a resume for your business for good reason. Like a business plan, a resume is no assurance for getting you a job but can significantly increase your chances of securing an interview. In the same way, a business plan may not get ... Read More »

Risk is inherent to innovation and creativity, which are elements essentials to entrepreneurship. Risk-taking takes guts, passion and a willingness to succeed. Entrepreneurs have an appetite for risk-taking but does it imply jumping blindly into an abyss without taking into account irrevocable consequences? Of course not. Risk taking is a term that may send chills running down an individual’s spine ... Read More »

As we contemplate on modifying our educational system to create a thriving entrepreneurial economy, it is of grave importance to understand what it takes to kindle the desired spirit in entrepreneurs. With the importance of creativity and innovation discussed prevalently in the business landscape, the question that comes to mind is if creativity the only trait an individual is expected ... Read More »

Having a great idea and singling out an opportunity is only the very first step of entrepreneurship. The next steps need elaborate planning outlined into what is known as a business plan. It is a document that evolves an idea, in the early stages of its infancy, into an opportunity worth investing. Taking our succession of discussing the various sections ... Read More »

Risk and failures are inherent in entrepreneurship. Among countless definitions of entrepreneurs that we come across, when it comes to discussing an entrepreneur’s behavior and personality traits he is expected to possess, initiative taking, fearlessness and risk tolerance top the list. The following account is endeavored at helping individuals realize what distinguishes entrepreneurs from business owners and render them as ... Read More »

Out of the media and out of the public’s eyes there are many entrepreneurs who have made it really big, with small beginnings. Along the way I have met so many people who have had really humble beginnings, people who left their homes, with nothing, to go to a different land and make their mark. These people never knew the ... Read More »

The notion of starting one’s business is quickly gaining favor of millions across the globe. In the hopes of generating higher profits, countless individuals intend to choose the path of entrepreneurship. However, entrepreneurship is more than just having an idea of establishing a start-up that will eventually lead to success. Instead, one has to come to terms with certain realities ... Read More »

Having discussed the importance of an executive summary and company’s background in the previous weeks, this week we will shed light on the section of the business plan that elucidates a company’s mission statement, vision, goals and objectives. The following helps one comprehend how this section serves as that single most essential ingredient that can help you prepare the perfect ... Read More »

One of the traits intrinsic to an entrepreneur’s personality is risk-taking. Entrepreneurship is a fabric that has to be knit prudently with ideas and adorned with innovation. This week we will be discussing how an individual can make the best use of his fearlessness and ambition to excel to bring about the desired entrepreneurial success. Fearlessness and risk-taking are two ... Read More »

We live in an age where there is a lot of structure around us. We have rules and processes and we seem to let many of these rules and processes lead us in what we do. While structure is intended to bring a certain order to society and to help things run smoothly, structure can also sometimes be a hindrance. ... Read More »