Archive for the 'Business' Category

Mr. Skeptic and Mr. Optimist: A Business Story

This is the story of two friends, Mr. Skeptic and Mr. Optimist. They both want to start a business, but they don’t know how and where to begin. So they went to Mr. Entrepreneur and asked him… “What’s a good business to start today?” — This is Mr. Entrepreneur’s answer: It all depends on what […]

How To Know If You’re Ready to Start a Business

Many people dream of starting their own business, but unfortunately only a few are able to do so. The reasons vary – from having no business idea, to lack of startup capital; from having no time, to just being too scared of failure. In short, a lot of them delay becoming an entrepreneur because they […]

On Entrepreneurship and Divergent Thinking

What is divergent thinking? Why is divergent thinking important if you want to become an entrepreneur? Below is a brilliant 3-minute video of Tina Seelig, where she explains convergent and divergent thinking. Towards the end, she shares an Oxford University entrance exam question, that applies the principle of divergent thinking ingeniously. Just like the mathematical […]

8 Ways To Find Profitable Business Ideas

How do you come up with a good business idea? How do you know what type of business venture would be profitable today? In this post, we’ll take a quick look at 8 idea-generation techniques that I often use whenever I’m on a “business idea hunt“. I hope these eight strategies can help you discover […]

Three Perks to Using a Cash Flow Template That You Wouldn’t Expect

As an entrepreneur, one of the first technical skills I learned was analyzing my business cash flow. Today, we’ll learn how using a cash flow template can help not just save time, but make it easier to see if the business is doing good. Mitchell has the floor today, let’s read his words below. First […]

What’s the Perfect Experience? This Industrial Designer Has a Great Answer.

A went to the house of a friend the other day. When I got there, he texted me that he just went out for awhile and will be back in 10 minutes. Since nobody else was home except his deaf grandmother, and it would be impossible to get her attention through the doorbell, he advised […]

The Ultimate List of Good Business Ideas for 2014

Are you planning to start a business this 2014? Then here’s a list of good business ideas that in my opinion, would do very well in the “Year of the Horse”. These “negosyo ideas” are based on personal observations, suggestions from fellow entrepreneurs, and curated ideas from various business reports that I’ve read in the […]

4 Ridiculous Reasons That People Give For Not Starting a Business

“I want to start a business,” a friend said to me the other day. “Great!” I answered. “What kind of business are you planning?” “I don’t know,” he replied. “I haven’t really thought about it yet.” “I see. So when are you planning to really think about it?” I asked. “I’m still busy at work,” […]

Five Signs That You’re Getting A Good Franchise Business

Getting a business franchise is one of the ways that you can own a business. While this can be very expensive, the things you get in return such as a turn-key operating system and high brand equity are usually worth it, because those will save you time and money in doing business development and setup, […]

BPI Ka-Negosyo Features Success Stories That Will Inspire You To Become An Entrepreneur

A recent survey shows that one of the top aspirations of Filipinos is to own a business. Unfortunately, not many are able to realize that dream for several reasons. The two biggest obstacles that are preventing people from becoming entrepreneurs are first, the lack of knowledge on how to put up, manage and grow a […]