Career Advice

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Want to Learn about Finance and Economics? Listen to a Podcast

As adults, one of the most challenging things we could do is learn about broad subjects that weren’t our strong suit when we were in school. One of such subjects is money. Many of us aren’t blessed with a keen eye for numbers. Thus, managing our finances and understanding the economy is a bit harder […]

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Startups 101 | Financial Tips for Launching a Startup

Building your business from the ground up is challenging but rewarding. According to Investopedia, the startup failure rate was around 90 percent in 2019, with cash flow problems cited as one of the main reasons for such failure. It is a no-brainer that good financial management is vital to your business’s success. You need to

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Startup Success: Essential Things Digital Startup Companies Forget Should Do

Digital startup companies initially start with high costs and limited revenue, which is usually why most of them invest directly into their products. Many of these companies expect that by investing directly in what they do best, they can get enough revenue to pay for the initial costs and break even. However, it’s a big gamble to

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Common Cost-cutting Mistakes and How to Avoid Them

Business owners, no matter the size of their enterprise, always think about cutting costs. And considering that the year 2020 had been tough on all businesses, you’re probably outlining new plans to reduce your costs again. But while it’s a smart move to keep your expenses at a minimum, not all cost-reduction measures will make

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What to Consider Before Choosing a Prototyping Service

Prototyping your idea is a crucial step before you move on to development, one that many entrepreneurs seem to forget. Yes, prototyping will eat up a chunk of your startup’s time and budget, but consider the alternative. If you go straight into development without a prototype, you might be heading into an unclear and unnecessarily expensive

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How to Focus: the Bare Basics

Did you know that to melt a drum full of lard or other viscous liquids that tend to harden over seasonal changes, manufacturers invented the silicone drum heater to heat the drum itself and speed up the pouring process? Fluid dynamics dictated the invention of this necessity. A seemingly odd choice to heat a drum,

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Gaining Employee Loyalty Requires These Important Qualities

Many companies make the mistake of treating their employees as disposable. Entrepreneurs have the belief that, if an employee leaves, they can always find a replacement. However, all companies should strive to keep the talent that contributes to growth. It will be more beneficial to foster staff loyalty within the organization than allow a revolving

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Technology Challenges

Top 4 Technology Challenges Businesses Face

Every year, technological advancements are introduced including new business solutions and systems bound to aid productivity and dynamics. However, many business owners view these introductions to be extra challenging. People have to accept that technology is now a huge part of business operations. Owners must be aware of how these challenges can be reversed for

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