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The Entrepreneur’s Mindset

Art0049 – Entrepreneurship in the Dot Com Era (Part 1)

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After taking a look at various factors that make up the art of entrepreneurship, today we begin a new series – lessons learnt from the dot com days. The transition to a knowledge-based economy in the 1990s saw a lot of enthusiasm regarding how this new economic environment would work. Consequently, there was a spike in the number of people ...

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Art0048: Negotiating the Head and the Heart

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Previously, we raised the importance of utilising one’s gut feeling when it comes to making decisions, using the heart to make decisions that seem to defy logic yet yield favourable results. One of the questions you may have is, how do you know when to listen to your heart, and when to listen to your head? The truth is that ...

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Art0047: When the Head and Heart Disagree

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The entrepreneur’s gut instinct is a very important tool in their arsenal. It may be able to see trouble a mile away. But in some cases you may not be able to express it in time to save the company. Take the time to reflect and to listen to your gut instincts. It may be giving you the signals to ...

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Art0046: A Mother’s Wisdom

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“An Arab friend of mine told me that mothers are indeed very amazing people. He shared a personal experience with me about his wife. He was once carrying his son while walking with his wife, and just after a few minutes he felt the heavy load and his arms started to ache. He then asked his wife how she could ...

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Art0045: Going From Small to Big

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Entrepreneurs often do a great job of conceiving ideas and developing them into businesses. They do it best at the start-up stage and especially when the number of people involved is small. Start-ups can go through many changes before a proper company structure can be established. It is at these initial stages that good entrepreneurs shine. With the freedom from ...

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Art0044: Fuzzy Logic in the Decision Making Process

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Entrepreneurs use a lot of judgement  in the decision making process. But where does this judgement come from? It is definitely some form of process in decision-making, but not a very structured process. Although it looks like a fuzzy process, there is a lot of thought put in when it comes to making a judgement, it is definitely not something ...

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Art0043: A Good Deal Won

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As we are discussing on how Entrepreneurs should think with their hearts, we share an instance from Mr Inderjit’s Book – The Art and Science of Entrepreneurship, where thinking with his heart, he was able to make a very great business decision.  “When I started United Test and Assembly Center (UTAC), I wrote a business plan requiring 200,000 square feet ...

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Art0042 – The Sixth Sense: Making Decisions

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Have you ever been appalled by decisions which seem to defy logic and yet yield such favorable outcomes? An entrepreneur is well-versed in making such seemingly illogical decisions. So what motivates them to look beyond logic when making decisions? It is because Entrepreneurs think with their heart and not just their head. Entrepreneurs possess a special skill that sets them apart -they ...

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Looking For An 18th Camel: The Best Outcome For All

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We often see negotiations as if we are entering a battle. Always looking to defeat the other parties’ terms. Perhaps we should look to find a Win-Win solution instead, that would benefit both parties and foster a long running relationship. We thought we’d share this story that explains this concept well. A father left 17 camels in his Will as ...

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Art0041: Don’t Be an Entrepreneur For the Wrong Reasons

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What we have observed is that many have failed to realise the subtle difference between true entrepreneurs doing things for the right reasons, and those doing it as an alternate career choice. Failure to understand this can result in disappointments and quick failures if you are becoming an ‘entrepreneur’ for the wrong reasons. We’ve seen huge surge in the number ...

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