Losing your independence is something that every entrepreneur fears the most. We’re all searching for inventors, clients that can support us and mentor us, but we don’t want to lose control of our business.
Luck can sometimes feel like a capricious thing. Surely some people are just born with fate smiling at them and others struggle through life? Well, if you’re an entrepreneur gearing up to launch your own business, that is one false assumption you definitely have to leave at the door. Instead, a strategy of creating your own luck is the one that is going to lead to success.
The economy as we know it will become a distant memory in just a few short months due to the pandemic. Business owners will soon look to hire people who can work remotely. Those that don’t need to travel to work, can work from home, are not only cheaper to hire and pay, but they may turn out to be more productive.
All businesses start with an idea and evolve into a fully formed proposal, before finally becoming an operating company. The initial idea is the easy part; having the courage to take that idea forward shows a commitment to make your dreams a reality. Fulfilling your ambition of being your own boss may be a dream come true, but that is only part of the story. Forming a company and going it alone does take courage, but building up a business to become successful takes more than that; it requires tenacity, determination, and the will to succeed.
It is frequently said that the Mandarin Chinese word for “crisis” is the same as (or that it includes, depending on who is saying it) the word for “opportunity”. This is such a deeply-ingrained line that it has even become the setup for a joke on The Simpsons – and the only problem with this serendipitous fact is that it’s not true. In no Chinese dialect are the words for “crisis” and “opportunity” even related, which is a shame, because it’s a good story.
The internet has completely revolutionized our lifestyle. It has become indispensable to everyday living, helping us commute, communicate and even conduct business. Most brands and companies have made the virtual shift to expand their customer base and get global exposure.
One of the things coronavirus makes painfully clear is that in troubled times you need suitable leaders to find solutions and pave the right path towards the exit of a crisis. The lack of suitable leadership influences negatively today the global economy today and creates a health and economic crisis on a global level.