Passion Is Superior to Pension

William Hazlitt once said, “A strong passion for any object will insure success, for the desire of the end will point out the means.” Every person has the potential to be passionate. Everyone loves something. We are shaped and inspired by what we love. This reveals our passion. This is a choice, not a result.…

The Principles of Entrepreneurship (The 16 P’s)

(1)PURPOSE People don’t buy what you do; they buy why you do it. An entrepreneur must see beyond the moment; he must travel to a desirable future ahead of his followers to lead them there, hence, purpose and vision is sine qua non to entrepreneurship. Robert Byrne said, “The purpose of life is a life…

Brief Guide on Business Plan Development

A business plan is a formal statement of business goals, why they are achievable and plans for reaching them. As an entrepreneur you are required to produce a business plan which you will execute to transform your business idea into a successful and profitable business that will ultimately achieve the set goals. A clear and convincing business plan provides…