If you're in the race to offer the lowest prices, be aware that this isn't the most sustainable strategy – for a number of reasons.
How fear of failure can hold back your business (and how to beat it)
Don't be one of the forty per cent of Australians too afraid to start a business for fear of failure. There are ways to break through your aversion to risk, and remember; even the most successful people have failed miserably at some point.
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There's a high price to pay for this habit – so if this describes your style, here’s a few tips to help you kick it.
Neoteny founder, Michelle Gilmore, can tell you why. She says the problem with too many start-ups is that they're making personal taste choices.
In a nutshell, influencers will bring on board their own sphere of influence who in turn, will likely influence others in their circle – and on and on it goes.
“You want to remove as many obstacles as possible that makes it difficult in the morning,” says psychologist and author, Dr Tim Sharp.
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As an entrepreneur you should have confidence in your ideas and ability to make decisions, but guess what? It's everyone else's job to put you through your paces.
Procurement is experiencing a meteoric rise to prominence, with over 2.5 million active professionals working in a procurement role across the globe.
For small businesses and startups operating on a shoestring, even small savings can make a big difference to the bank balance at the end of the month and the bottom line at year’s end.