The life of a social entrepreneur revolves around striking a balance between the social cause and the financial sustainability of the enterprise. What distinguishes social businesses from every other sort of for-purpose organizations is the ability to generate enough revenue to cover its costs and not depend on external sources of funding. Here also lies […]
Category: ENTREPRENEURSHIP
Core Skills And Innovation
Most organizations and individuals are so busy just trying to fulfill their business goals, generate revenue and market in this new digital space that they may not have time to think through their organization’s key skills. Today’s changing world demands that we ask whether or not an organization’s core skills matter anymore. Nike’s CEO, Mark […]
To Train Thyself Know Thyself
From Socrates to Benjamin Franklin, the wisdom contained within the simple maxim, ’Know Thyself,’ a phrase derived from the Ancient Greeks contains wisdom still relevant today. Discovering what your strengths are and acquiring the knowledge necessary to realize your career potential, whatever that path may be, is perhaps one of the most important career insights […]
The Art Of Doing The Right Things
The great management guru, Peter Drucker, once said, “Management is doing things right; leadership is doing the right things.” To be effective, leaders must discern what they should spend their time doing, say no to the unnecessary, and delegate or outsource the things that don’t require their direct attention. Everyday, we hear from small business […]
Joint Venture Partnering For Solopreneurs
This week, I had a conversation with a few trainers and consultants who asked, “Sohail, are joint ventures just for big businesses?” and I replied, “Joint ventures are just what they are called, a venture joining two or more companies with the same goal!” You see, many solo entrepreneurs work from a home office. Their […]
How Can Entrepreneurs Leverage Trust For Success?
With the Covid-19 global epidemic, the world is shifting very rapidly and organisations are looking at new ways to build their brands and connections. Whilst business owners are searching for means of commercial sustainability, consumers are sending a very strong message about their expectations. A recent Consumer Index Report by Ernst & Young reports that 26% […]
The Rise Of Ecommerce In The GCC
“E-commerce isn’t the cherry on the cake, it is the new cake!” With a tax-free regime, high investment climate, growing economy and high spending urban populace, it is no wonder that Middle East has become the epicentre of all things – Ecommerce! The emergence of the new middle class, Gen Y and western influence has […]
Ecommerce: The Sky Is The Limit
From the garage of a small home started a journey with the crystallization of an idea in the mind of a 30-year-old American young man. At the time, his capital amounted to zero. Added to that, he was not optimistic about the success of his idea. In 1995, he worked for a company that operates […]
Stereotyping: An Unconscious Incompetence
One night, as I was on my way coming back home, I received a call from a training company approaching me to deliver a training course to one of its reputable clients. Since the offer was below my expectations, I politely turned down that assignment. However, the caller was so persistent in trying to get […]
World Entrepreneurs’ Day 2021: 20 Inspiring Quotes On The Journey Of Entrepreneurship
1. “My biggest motivation? Just to keep challenging myself. I see life almost like one long university education that I never had — every day I’m learning something new.” – Richard Branson 2. “Don’t worry about being successful but work toward being significant and the success will naturally follow.” – Oprah Winfrey 3. “If you’re […]