The silver economy is an exciting market that is gaining more attention from investors and entrepreneurs alike. The silver economy refers to the economic activities and spending associated with aging populations, typically those over 60 years old. This segment of the population is growing rapidly due to longer life expectancy, and it is becoming increasingly... Continue Reading →
Bringing Digital Transformation to Your Business
The rate of adoption of digital technologies by companies of all stages and sizes has been growing fast over the past decade. These technologies range from e-commerce applications, customer relationship management (CRM) systems, video conferencing and financial management software, all the way to blockchain and artificial intelligence (AI), to name just a few. In the... Continue Reading →
An Idea Is Just That – Not Yet An Innovation
Innovation and new ideas I am frequently approached by people who want to share a new business idea with me. Usually the pitch is accompanied by a good amount of mystery and secrecy: "Andre, I'm telling you this because I trust you, but don't tell anyone; this could be big". Let me summarize what I tell... Continue Reading →
Equity or Debt: Questions Entrepreneurs Should Ask
In a previous post, I covered the kinds of investors that support startups. In the last post, I discussed the different types of financial instruments available to startups. But how does an entrepreneur know which type of instrument is ideal for his or her business? Let’s now turn to the main questions one should ask... Continue Reading →
Modern Times 2.0
Changemaking through the 21st century I’ve been writing about the role of entrepreneurship in the creation of value and prosperity for many years. This is a natural deduction for me, having spent about half my career working as an economist and the other half starting and running businesses. In fact, looking back in history, there... Continue Reading →
The Benjamin Button Startup
Guest post by Suhail Kassim A new startup is like a baby A startup needs to be cradled and nourished. Even so, there is no certainty that the baby will grow up to be a lean mean fighting machine. In this post, I begin to investigate the phenomenon of some exciting startups which then refuse... Continue Reading →
5 Bad Excuses Not To Start a Business
Lame reasons to give up before you even start I often hear people claim to have good ideas for a business, but say they can’t pursue them for one reason or another. Some of course are valid, but others are misconceptions that deserve to be revisited. Here are the top five from my experience. 1.... Continue Reading →
7 Reasons to Join a Business Incubator
Business incubators are great for startups The definition of business incubator (or startup incubator), according to Entrepreneur’s Encyclopedia, is an “organization designed to accelerate the growth and success of entrepreneurial companies, through an array of business support resources and services that could include physical space, capital, coaching, common services, and networking connections”. They are often sponsored by... Continue Reading →
Not All Angel Investors Are From Heaven
On Angel Investors As entrepreneurs, in the initial stages of the startup, we often think that the answers to our problems will come in the form of an angel investor. By definition, angels are high-net-worth individuals who get involved early in the company’s life, bringing capital, sector knowledge and network, and relevant expertise. Angel investors usually... Continue Reading →
MBA For Entrepreneurs Can Still Matter
MBA and entrepreneurs At times it seems MBA programs are passed their glory days. Every so often we see articles saying that they can be a waste of time and money, especially if your goal is to become an entrepreneur. My two cents: if you have no business background and you can afford it, a... Continue Reading →
Recent Comments