There’s a high level of romanticism behind the idea of opening a bar. Many young people fantasize about owning a great bar that people love, that can basically become a playground which makes money. But there’s a lot to opening a bar, and keeping it open, that needs to be taken into account before even considering investing time and money. Make sure you’ve properly thought through all of the following before taking the next step…
Have you ever wished you could earn more money in a shorter period of time? Does it happen to you to see that the same time used for work is better paid if you do something different? Well, believe it or not, you are not the only one struggling with this truth. Nowadays, more and more of us realise that a change in career might be just what they have craved for each and every…
The trend around being an entrepreneur is growing massively. The idea of side hustle or becoming a full-time entrepreneur can be exciting, but the reality is far from what it seems. Managing a business requires a good amount of effort and time that would take away a big portion of your life. Most successful entrepreneurs have sacrificed their health and mental sanity along the path of success. But is that all that life is all…
A wise economist once said that the most important asset on the global marketplace is people. You can have all the capital, ambition and business acumen in the world but if you’re no good with people, you’re doomed to fail. Success in business is always the result of sustained and widespread cooperation between a variety of different individuals, institutions and corporations, which can only be achieved with the right people skills. Whether you need to…
When you’re running a business from your home office, your financial security depends on technology. But for many entrepreneurs, technology is one of the toughest challenges to running their business. Nearly half of U.S. small business owners say that adopting new technology is a major factor shaping their business growth outlook over the next three years, but one-third say their biggest business challenge is not knowing what technology to adopt, a survey by Forbes Insights and…
Risk management is the lifeblood of trading strategies. What has been proven over time is that your reward is predicated on the risk that you take. The more your risk, the greater your reward. Prior to employing a trading strategy, you want to define your risk management and generate a trading plan that will incorporate prudent risk management. What is Risk Management? Risk management is a structure that you design which defines the amount of…
