A business plan is a given as a necessary document to develop and one that needs regular revision. However, it seems beyond that initial planning session, not many small business owners consider the value of other plans. While a business plan provides a general overriding vision for the company, including short- and long-term strategic endeavors, […]
In looking for new market opportunities, I got involved in chatbot technology. If you are not familiar with a chatbot yet, it is a conversational user interface that delivers either text-based or voice-based information to a customer. This can be down through a website, mobile device or kiosk. A chatbot uses natural language processing (NLP) […]
While in the midst of setting up a startup where you are most likely working night and day, it may seem crazy to take a sabbatical. This is because you are seemingly walking away temporarily from something that would need your round-the-clock attention. However, what I learned was that it was the best thing I […]
Do not let evolving cybersecurity issues take down your company
There are plenty of different ways to go about building a startup. Some are carried entirely by their founders’ ideas; some are egalitarian and billed as “collectives” rather than businesses (job titles, in these cases, are usually totally made up). Some are founded on close friendships; others are groups of like-minded strangers who crossed paths. […]
Finding your target market is crucial, especially as a startup. If you don’t find the right customers for your product, the chances of survival are slim to none. If you’re looking for ways to hone in on your target market, look no further.
There are a few different types of entrepreneur — which one are you? Are you a world changer? An innovator? An opportunist or a jack of all trades? Maybe you’re a serial entrepreneur — or are you actually a wantrepreneur? These are the six major types of entrepreneurs out there, and you likely fall into […]