Importance of financial literacy in entrepreneurship
- Communication, Entrepreneurs
- October 6, 2016
For all businesses that have somewhat of a prototype in the market, it is important to know and develop your competitive advantage i.e a condition or circumstance that puts your company in a favorable or superior business position. So building your competitive market advantage means to discover what it is that you do better than
READ MOREPitching to investors is important phase entrepreneurs go through in order to make their dreams, vision and aspirations a reality. The ultimate goal is to get investors who will be valuable partners in your business, offering the necessary capital, guidance, and connections that your company will need to grow. But it is a delicate process. However,
READ MOREFor every young entrepreneur with a brilliant business idea, they usually have their most trying moments within the first 5 years of operation. This is the period where the founders have to put their feet on the ground to ensure that by every legal means possible, the company stays afloat. The viability of a business is measured
READ MOREThis post has been on my mind for a long time. I keep postponing it but today I think it would be appropriate to do something about it. What I am about to share with you is something people pay hard earned cash to get at seminars and lectures. I am not going to charge
READ MOREBeing an entrepreneur is a daunting task and for all the late nights and hardwork all through the week, the weekend is always a perfect time to relax and unwind from the stress. While it is good to relax and unwind, an entrepreneur cannot afford to waste the entire weekend snacking and just watching TV
READ MOREFinancial literacy is the ability to understand how money works i.e how money is made, managed, invested and spent. However, to understand how money works one needs to know some common financial literacy terms such as; financial goals, priority/order of importance and budgeting. As an entrepreneur, your budget should always be centered around your long
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