An entrepreneur's life can shift between excitement, stress, exhilaration, and multitasking. Starting a new business comes with huge responsibilities and challenges. However, it is equally rewarding to overcome such obstacles and watch your venture reach heights. A day of an entrepreneur’s life keeps changing based on the current stage of their business. In this article, we shall look at what a typical day in the life of an entrepreneur looks like. Who Is an Entrepreneur? An entrepreneur is a one-man army with the ability to start and run a new business amidst uncertainty to gain profits. Entrepreneurs are innovators ... Read More

Entrepreneurs serve as a one-man army for their new venture. From juggling between multiple departments to pulling five all-nighters in a row, they go through a bunch of challenges while starting their business. While the career option comes with a truckload of rewards once the enterprise takes off, there are some common struggles that most entrepreneurs face in the initial stages of their endeavors. In this article, we shall look at the 6 major struggles faced by Indian entrepreneurs. Entrepreneurship in India With Make in India campaign and Startup India initiatives creating a favorable environment for budding entrepreneurs to ... Read More

Every startup aspires to success, but it can occasionally be challenging to know how to get there. In this article, we examine the benefits of crowdsourcing for companies, including how it might assist them in achieving their objectives. Using the crowdsourcing business model, businesses go outside of their organization for unique solutions from big groups of people. Discover the five reasons why startups should use crowdsourcing to succeed, starting from cost savings to delivery speed! Introduction to Crowdsourcing The term ‘crowdsourcing’ has gained popularity in recent years as an increasing number of businesses use internet platforms to outsource jobs. ... Read More

The most important asset in any startup is its manpower. It is the personnel that can turn the concept of the startup founder into actuality with their skills and hardwork. As a business grows, it needs a strongly skilled team to overcome the blockages that lie in an entrepreneurial journey. It is crucial to hire the right personnel for the right job in a startup to avoid fatal errors and loss of business resources. In this article, we shall look into the importance of the right personnel in entrepreneurship. The Role of Teamwork in a Startup Startups are vigorous. ... Read More

Several companies are implementing Industry 4.0 to gain a competitive advantage, but how can they ensure that these objectives are met without spending a lot of money? SIRI assessment is a way to do this. You can analyze how well your manufacturing company is operating using the SIRI, or Smart Industry Readiness Index. We will explore the application of this assessment in more detail. SIRI (Smart Industry Readiness Index) Digitalization is a key component of Industry 4.0. The vision, mission, strategy, ideation, and roadmap for implementing this may not exist, but change is still needed. These challenges can be ... Read More

Industrial management deals with the 4ms, including Material, Machine, Method, and Man. In other words, the industry deals with the most advanced automation methodically that operate by men and ensures the operation goes without interruptions by utilizing the materials in the best ways. Here, the high risk lies in the business on a large scale. In today’s post, you will learn what industrial management is and what risks are involved in industrial operations. Industrial management is a vast topic, and you need to understand the baseline of the issue and how it manages whole industrial operations. So, before going ... Read More

In any business sector, data is important. Data or business information is the crucial component that helps you make a decision, and run the organization. Keeping the data safe and secure must be the responsibility so that competitors do not use them to beat you in business. In today’s post, we will highlight the safety parameters of data security. Before going for data safety parameters, you must learn what data safety is and what kinds of data generate in business, and why it’s so important part of any business. Let’s learn. What is Data Safety? Data or information safety ... Read More

Business is based on people's choices, preferences, and tastes. To start your venture, you need to understand these demands and plan your actions accordingly. If you want to create your own project but can't chalk out what will be your action plan, read the article and get the input. Each year comes with new demand, and its keeps on changing. Entrepreneurs need to sense the changing mind of the buyers as the behavioral psychology of people, buying influence and many parameters never stay static. So, your ability to accommodate yourself with their modified buying decision must be the first ... Read More

Human Resource Management (HRM) deals with the employment of an organization. The primary role of HRM is to deploy the resources to the company for the smooth running of the operation. HRM manages several departments and creates a balance of staffing for each department. The role is vital yet challenging. In today’s post, you will learn the most difficult aspects of HRM and the solutions. HRM, or Human Resource Management, deals with workforce recruitment, ensures the balance between the requirements and the staffing available, and confirms the balanced work-life in a company. The best part of HRM is that ... Read More

If you want to be a problem analytical expert during the management course study, you must learn how to go deep into a case study. The analysis study helps learners understand the problem, how to get the solution, examine the facts, and finally, how to overcome it. Therefore, this article will highlight how the case study helps in the Business Management course. A case study based on a group of people, specific activity, or organizational reports provides accurate information regarding the subject matter. Therefore, the business management course helps the study get the information thoroughly. Let's understand what a case ... Read More