Monthly Archives: February 2013

My take on Financial Plans, their Importance and Validity

It’s very difficult to imagine a modern enterprise or an upcoming business to work without some type of financial planning. This is a very important tool that allows managers and investors to control the money invested and future income. And don’t get me wrong; I think this is a tool …

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Reasons to not fall blindly in love with your business idea

In this time of the year when people celebrate Saint Valentine’s day, many are happy because they have found their soulmate. This special person according to their beloved has a lot of characteristics and qualities that make him or her unique. In other words they may say he or her …

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Simple Guide to Validate your Business Ideas

Throughout the different stages an entrepreneur faces, I love when we’re defining business ideas. This is the stage where you can be imaginative, creative and more. The sky is the limit and you should analyze every single idea, no matter how crazy or dumb it seems. And when you’re a …

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Elements for the success of sole proprietorship and Friendship/Familiar Societies

There are a lot of people that decide to work in an entrepreneurship but unfortunately not all of them can achieve success. I believe that the success of this kind of projects depend on many factors and one that is very important is the team that is built in order …

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Learn how to Pick Yourself Up after a Failure

I’ve been an entrepreneur for over a decade and alive for over 30 years. In these years I’ve learned many things and one of those things is to pick yourself up after a failure. Humans are built that way, however our occidental way of thinking doesn’t allow us to realize …

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Learning to think outside the box with 3 different tools

As a consultant in technology and Internet innovation strategies I always say to my clients that they must think outside the box. Accomplishing this is not an easy task but it is necessary in order to break paradigms and resolve problems with ideas that are unconventional and original and that …

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Strategy and Tactics: Differences and Relationships

The word strategy was first used in the military world and was used 500 years BC by Sun Tzu in The Art of War. This word was introduced to the business world with the beginning of the industrial revolution, however its massive used started about 100 years ago. It’s very …

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Entrepreneurship for all ages

In the working world there are two kinds of states: working on your own or working for a business. In my life I have had the opportunity to have both of these conditions. Until a little more than a year I was working as an employee for an important financial …

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CHALLENGE: Conceive a Million Dollar Business Idea this Weekend

For this article I decided to do something different. This is a challenge for the upcoming weekend. If you decide to take on this challenge, I want you to use this weekend to conceive a business idea. But this is not an ordinary business idea, because it must have the …

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Gantt Chart: The Path Step by Step

Lets review the path to achieve our personal, business and entrepreneurial goals according to my last posts. First we have to define the starting and finishing point, the gap between these two points and the projects we must complete in order to close the gap between them (review the article …

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