In the realm of entrepreneurship, the journey from a fleeting thought to a thriving business is an exhilarating and transformative experience. Behind every successful enterprise lies a meticulously nurtured business idea. The process of conceiving a business idea is an essential precursor to the creation of a sustainable venture. This article explores the fascinating world […]
As an entrepreneur or startup founder, one question that often comes to mind during business early formation is “How best to determine what Minimal Viable Products should be, so as to avoid complexity”. In order to ensure an effective and marketable minimal viable product (MVP), it is important to ensure such MVP encompasses both your […]
According to analysis, 90% of startup failed at the initial phase of implementing their business model. Thus, most startups spit out their founder at a relatively short period into establishment. Unlike the 90% failure rate, the 10% startup success rate can be attributed to the ability of startup founders to manage their team and challenges, […]
Starting a startup can sometimes be very daunting, as it often requires asking some well tailored question to ensure your objective of starting a company is actualized. Slim startup is simply based on the concept of minimizing resources toward implementing your business idea. Major resources which impact startup majorly are Fund, Time, and Team. In […]