A period of rapid growth can be both a blessing and a curse for your business. It can mean higher profits, employing more staff and a sustainable future. But, it can also mean you get overstretched, experience a huge change in company culture, hire the wrong people...
Many businesses struggle to convert inertia into potential energy at the start of a new calendar year. But just imagine if you could close the business year on a high with maximum energy and enough momentum to carry you into the next. Attention to just a few details –...
There’s never an ‘ideal time’ to launch a business venture. The economic environment will never be perfect and there will never be an optimum window in which to launch your product or service. So, it can help to take a look at yourself for signs you might be ready to...
Successful businesses require strong leadership, but the leadership skills that provide the spark for a small business to take off are not the same as the skills required to keep a large corporation powering forward. As businesses grow, their leaders must adapt and...
‘People who take risks are more likely to succeed as entrepreneurs.’ If you’re thinking about starting your own business, you’ve probably come across this theory before. Usually while learning about the rags-to-riches backstory of your favourite entrepreneur, who, at...
Writing a business plan takes time, energy and a lot of research. So why go through all that effort? One reason is that it’s simply a good idea – in his book on the subject, author Mike McKeever justifies it like this: ‘Almost without exception, each business owner...
Fear can be a paralysing experience for anybody, and entrepreneurs are not immune. Many would-be business founders actually never take the leap into entrepreneurship, for fear of what might happen. But is fear a barrier to success or a motivator? With the right...
Entrepreneurs are thriving. That’s especially true in the UAE, where there’s a real push to attract the best from all over the world, give them a platform for innovation and disruption, and help them shape the world over the next century. According to MAGNiTT, in the...
Where do you fit on the control freak scale? It’s normal for entrepreneurs to be involved in every tiny aspect of an enterprise – founders are often solo players and are typically responsible for every decision in the early stages. But entrepreneurs who know how and...
‘Fake it till you make it’ may be a classic business mantra, but it could be sinking your company. In recent years, the UAE has become known as a leading location for startups. Perhaps the leading location. Indeed, a huge 95% of businesses in Dubai are SMEs and new...
If you’ve ever done any management training, you’ll have been inundated with advice on how to lead effectively. You know the kind of thing: empowering your employees, communicating effectively and celebrating creativity? All hallmarks of a good boss. But doing the...
What are the traits required to be a business success? A capacity for hard work, certainly. An appetite for risk, no doubt. Determination and a resilience to setbacks, absolutely. What about likeability? Plenty of entrepreneurs out there will have grown up in the...