by Wayne Liew on July 24, 2009
Remember the 10 Entrepreneurship Lessons Venture Capitalist Nicholas Chan Taught Me [Part 1]? I received some good responses and feedback. The following will be the second part of the interview summary.
The lessons below came about when I briefly described to Nicholas about my upcoming venture. What he told me added a lot of work to the research phase of my startup but I appreciate it since it can be quite hard to get someone of his caliber to poke holes in a startup idea and provide constructive feedback.
Let me share the lessons with you so that you can benefit from it as well. Remember to leave a comment below with your thoughts on the lessons.
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by Wayne Liew on March 16, 2009
I love entrepreneurship. I love monitoring activities in the entrepreneurship world and helping small business owners. I also love interacting with fellow entrepreneurs and this is why I introduced Entrepreneur Interviews. Most importantly, I love how entrepreneurs turn their wildest dreams into reality.
But wait! How about the money and profits?
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by Wayne Liew on February 18, 2009
Competition is everywhere. It exists in every industry, every country and every market. Even if you are able to find yourself a unique niche market, it will not take too long for ‘copycats’ to jump in and try to grab a piece of your pie.
Business owners know that they must have a business competitor analysis and a strategic plan to engage competition. Question here is, will the plans be able to make the competition they face irrelevant? With that being said, I am going to present you with 7 Kick Ass Ways to Make Competition Irrelevant.
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by Wayne Liew on February 11, 2009
Many business owners, entrepreneurs and aspiring entrepreneurs are expecting for the worst and most are holding back, in doubt or frustrated with the recession that all of us are facing.
Is there a way to recession-proof your business? For aspiring entrepreneurs looking to start out, are there recession-proof business opportunities that you can tap? What are the marketing, management and hiring strategies that a business should adopt during a time like this?
To answer all the questions above, I have compiled a list, with proper categorization, of 50+ Resources to Recession-Proof Your Business. Be sure to check out the industry-related tips right at the end of the article.
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by Wayne Liew on January 21, 2009
Most entrepreneurs are innovative and we are always on the lookout for fresh opportunities and ideas. During tough times, innovation is great for business owners to figure out marketing strategies that are effective as well as cost-efficient.
Companies like Smart and Apple depend on innovative ideas to keep the buzz alive. Innovation, whether implemented on the functionality or the design of products is definitely capable of bringing success for an entity.
Putting positive effects of innovation aside, we are going to look at 7 Reasons Why Innovation Sucks. Wait, I’m not saying that Peter Drucker was wrong by saying innovation brings success. My aim is to highlight the importance of setting up precautionary measures when deciding the role that innovation will play in your business.
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