What to do when you have a business idea

Many people have ideas. Ideas on how they can make money. Ideas on how to improve a certain process to get better results. But sadly, it is difficult for them to transform their thinking (ideas) into action, which action is the only source of results. The rule stands: ACTION TRUMPS RESULTS. For you to see result you need to take action. But people fear taking action, they fear the unknown, they fear failure. Well, if you live in fear you [...]

Zim to get US$30 million for entrepreneurial training and education

The Government of Zimbabwe has agreed with World Bank to explore new areas of funding that could see Harare receiving US$30 million for entrepreneurial training and education. The Permanent Secretary for Higher and Tertiary Education, Dr Washington Mbizvo, speaking after the lengthy meeting said, “We managed to come up with strategies on how we can access more funds through the World Bank despite the borrowing restrictions we have. We agreed with the World Bank officials that because of the mechanisms [...]

Salary or Cash Flow?

Salary or cash flow? Employment gives you salary and entrepreneurship gives you cash flow or profit. So which way to go? The education systems or academic syllabi across the world have conditioned the human being to seek a job after college (it made a assumption that a job will be there) and get your salary so that you can live your  life. This no longer holds in these recent years and I mean from at least a decade ago. Why? [...]

You want to start a business? Go for low hanging fruits

Starting a business can be scary. Entrepreneurs are not always sure where to start from even though a business idea will be crystal clear. There is always a failure to take action. So what do you do? Pick up the low hanging fruits with the resources you have. Imagine you have just arrived at a fruit tree and you are hungry as it has been a long journey in the wilderness. Along the way you had picked a stick to [...]

Employee during daytime, entrepreneur at night

Having been employed on 9-5 job, have you ever wondered where one can get the time to start a business or just a small side gig to generate extra income every month? People always say that it’s just difficult to find time and do some business venture on the side, after putting a good 8 hours during the day for your employer’s business. True, you will be tired; true, you need the rest; true, you won’t find the time and [...]

Human capital vs Financial capital – Are preparing for retirement?

Whether you are an employee, a small business owner or entrepreneur, retirement is inevitable. At one point, governments have set 65 years, you will not be capable of working to generate sufficient income for your living expenses. Hence, you need to plan and utilise your active years (when you are able to work) effectively and gather investments and resources that will generate passive income when you retire. It’s important to gather hay while the sun shines. So let’s get to [...]

The 5 Resume Tips That Put You on the Shortlist

The likelihood of you being called for an interview for a job has slowly going down in recent years. The main reasons being that there are many experienced professionals who have been laid off in these recessions that seem to moving from one continent to another and more people have access to education (more students loans are available) and qualifications are easily acquired. That said, you need to ensure that your resume stands out from the rest. It has to [...]

16 Bootstrapping strategies for your business startup

According to Investopedia, bootstrapping is a situation in which an entrepreneur starts a company with little capital. An individual is said to be boot strapping when he or she attempts to found and build a company from personal finances or from the operating revenues of the new company. As an entrepreneur, you don’t want to pile fixed costs early in the business, you want keep costs low and let the costs grow as the business requires supported by revenue. Don’t [...]

10 ways of finding business ideas

Ideas are like air, they are everywhere. We are basically surrounded by things, objects and gadgets which were once ideas for someone else and through entrepreneurial thought and action, those ideas were turned into reality. The engine of idea generation is your mind and when it is well engineered and lubricated, it will churn out business ideas that can turn into real businesses or products. Here are ways of finding business ideas Look for pain – I don’t want pain, [...]

Why should you be unemployed?

Are you unemployed? Are you looking for  a job? And, by the way, do you have the requisite skills for the field you are hunting for a job? If your answer is yes, then become a freelancer. There has been economic recessions in many countries over the world and jobs have not been spared as companies try to keep costs under control. Many professionals have been left in the cold without jobs. Graduates are being churned out of colleges and [...]