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Running Board Meetings – Six Tips

This web link has been contributed by Emily Williams

 

If your entrepreneurial business has just started convening meetings of the Board of Directors, it will be important to ensure you do not end up having pointless lengthy conversations leading to ‘zero results’. With some careful planning and foresight, you can make these meetings livelier, engaging, effective and highly productive.

 

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Board Meetings

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Minimum Viable Product – MVP

The minimum viable product (MVP), as defined by Eric Ries in his book the Lean Startup, is a learning vehicle. It allows you to test an idea by exposing an early version of your product to the target users and customers, to collect the relevant data, and to learn form it. For instance, to test the viability of using ads as the major revenue source, you could release an early product increment with fake ads, and measure if and how often people click on them.

 

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Minimum Viable Product

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Give Constructive Feedback

You can download here a tool that provides some tips on how to give constructive feedback to improve your human resources management as well as the motivation and performance of your employees. You may adapt it to your business needs and employment conditions. Click the image below to access the web link:

 

feedback

 

Interested in HR? Checkout this HR Management training

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Women Entrepreneurs – Thinking Big

A model that works to help small companies led by women entrepreneurs into large enterprises suggests that the most successful entrepreneurs do five key things to scale small companies into large ones. They think big and are bold, they build a public profile, they work on the business rather than in it, they establish key advisory networks and they leverage financing for expansion. Click on the image below to access the web link.

 

Force multipliers for growth

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Sales Communications – Key Barriers

sales communications

 

If you don’t know how to communicate clearly and persuasively, it will be difficult for you as an entrepreneur to sell your products or services. You can now reach customers in many ways – via social media, via email, via your website. But the technology has now become a barrier as well. In fact, there are many barriers to effective communication with your clients…

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What is Entrepreneurship?

what is entrepreneurship

 

There are so many definitions of entrepreneurship and lot’s of misconceptions so understanding what entrepreneurship is not that easy. What is really important to understand however is that you can explore various ideas and definitions about entrepreneurship but don’t get hung up on this. If you are keen to start a business and you have been thinking about this for a long time, then maybe you are an entrepreneur!

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Business Plan Template

Once you have a model for your business, a business plan is important too. Rather than trying to figure out which template to use, try using one that can cater to mosr kinds of businesses. Click on the image below to acccess the web link for this

 

Business Plan Template

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The Entrepreneur’s Handbook of Resources

If you are an aspiring entrepreneur or existing small business owner, this article that provides links to 101 resources will help you learn more about entrepreneurship, startups, small business, and much more. Just click on the image below to go to the article

 

Handbook of Entrepreneurship Resources

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The Beginner’s Guide to Social Media

This is an absolutely outstanding guide to social media for those who are just starting out in business and who need a quick but comprehensive exposure to social media tools and best practice.  Just click on the image below to go to the web resource

 

 

Social Media

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Questions To Ask About Your Business Model

business modelOne of the leading thinkers about business models is Alex Osterwalder, the authored the book Business Model Generation and articulated the Business Model Canvas. Osterwalder advises that entrepreneurs ask themselves the following questions about their business model as this may be helpful in identifying strengths and weaknesses in the approach to the business…

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