9 Innovative Techniques for Solving Problems in Your Business
Entrepreneurs do run out of creativity when faced with tough challenges in the art of turning ideas, resources and people into products, systems and teams that drive commerce. In the middle of all the hats business owners have to wear to make their business work, they often have to tap deep into their creative side (what you call ‘thinking out of the box) to tackle difficult problems that arise in business. However, many entrepreneurs don’t do this, either because they are caught up in the day-to-day management of their business(es) or making decisions. ......
The A-Z of Turning Your Passions into Profitable Ventures
Side hustles. The buzzwords that have the potential to make your entrepreneurial dreams come true. Fueled by digital platforms and a hunger for creativity, people are turning passions into profitable ventures. Balancing financial stability and personal pursuits has become paramount. Exploring extra income avenues and breathing life into passion projects are more vital than ever. This exploration delves into how side hustles reshape work and life, offering solutions to modern challenges. Side hustles provide an extra income alongside conventional jobs, a canvas for creativity. This journey unveils potential benefits, from financial security to......
What is Ethical Leadership, and Why is it Important in Business?
Reputation is more than an asset in business. When tarnished, reputation can become a liability. Customers want to associate with and buy from trusted businesses with a reputation for good business conduct, especially regarding customer service. Therefore, ethical conduct is crucial to a business’s success and stakeholders’ well-being, as pursuing profit at the expense of moral values can harm long-term credibility. In this article, let’s see why ethical leadership and integrity are important and measure how they influence business success. Qualities of Ethical Leadership Trust and Credibility Entrepreneurs who embody integrity establish the......
7 reasons why BAME entrepreneurs need mentorship
“Business is a money game with few rules and lots of risks” – Bill Gates The above statement encompasses everything a business is and more. It’s a risky game of money that can only be won if one masters the rules. The good thing is that these business rules can be learned from successful business owners who are ahead of you and are willing to show the way through mentorship. The right business mentor can distinguish between a successful and a failed business. Mentors can help navigate the choppy sea of business, guiding......
5 Tips to Overcome Adversaries as a Black Entrepreneur
Picture yourself as a fearless protagonist equipped with extraordinary superpowers of resilience, unwavering determination, and boundless innovation. That’s the mentality you would need to bring onboard in business as a black entrepreneur, even in 2023. Starting or growing a business is hard. All entrepreneurs have to jump numerous hurdles along the way to succeed. For black entrepreneurs, however, the huddles can be twice as high depending on the country where they do business and the nature of their business. Despite applaudable efforts to water down the challenges black entrepreneurs face, especially in first-world......
8 Ways Business Mentors Can Help BAME Entrepreneurs Grow
Intro Entrepreneurship can be challenging, particularly for individuals from Black, Asian, and Minority Ethnic (BAME) backgrounds. While BAME entrepreneurs contribute significantly to the UK economy, they often face various obstacles, including limited access to funding, networks, and resources. This is where business mentors can play a critical role in supporting and guiding BAME entrepreneurs. Business mentors can provide valuable insights, advice, and guidance to help entrepreneurs navigate the complexities of running a business and grow their ventures successfully. This article will explore how business mentors can help BAME entrepreneurs overcome common challenges and......
How Much Do Business Mentors Cost in the UK?
Ever wondered how much business mentors cost in the UK? The immediate answer is more complex than you might think. Business mentors in the UK can come at various price points depending on the experience and expertise of the mentor, the industry you’re in, and the services you require. Who is a business mentor? We regularly encounter the question, “What is a Business Mentor?”. A business mentor is a person who works with fellow mentees to evolve and improve their business ideas and strategies. Business mentors are commonly proficient and successful individuals who......
8 Keys to Building and Maintaining a Network of Business Mentors
8 Keys to Building and Maintaining a Network of Business Mentors Imagine joining a community network that gives you UNLIMITED access to world-renowned entrepreneurs. How would you go about it? Building and maintaining a network of business mentors is essential to professional development for entrepreneurs and business owners. A network of business mentors can also be a valuable asset for any business owner. However, most entrepreneurs need more access to experienced mentors. This is often the case for business enthusiasts born into a non-entrepreneurial family or community or entrepreneurs building in societies. That......
8 Ways Business Mentors Can Help BAME Entrepreneurs Grow
Intro Prowpel mentorship is a powerful tool that can help entrepreneurs, especially those from Black, Asian, and Minority Ethnic (BAME) backgrounds, succeed in business. BAME entrepreneurs often need help with unique challenges, such as lack of access to networks, funding, and resources, which can hinder their growth and success....