CategoryEntrepreneurship

Importance of a healthy cash flow

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People often get into a business with 100% devotion, but over time they tend to lose that one thing that made them get into doing this in the first place. I feel that if one is to do something, do it with devotion or don’t get into it at all. Half-hearted business deals, or ideas go half-way and then they die while taking your cash with them. So the very simple thing you need to keep in...

Wrong motives to be an entrepreneur

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There are lots of reasons why a person would “want” to be an entrepreneur, but not all of them are reasons good enough to jump into this whole new world. I see an entrepreneur as someone who has this instinct that the others don’t have, he/she has an eyesight that sees things differently, and sometimes is also called “crazy” whenever they present an idea everyone...

How to choose the right segment?

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No matter how we look at it, this has to be one of the most important factors considering it’s the segment you are working in that will take you where you want to go. That is if you want to succeed. If you just want to start off something, because your cousin did it, or that millionaire from the tv-show did it, and you think you can pull it off too. The above reasons are totally wrong since...

How do I price my products / service?

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This is that one thing that I used a lot of time on and I am sure everyone who has a service or a product goes through the tough moments of pricing. What to price and what not to price. How will the customer feel if they see the rate on this certain product, and so on. It’s not an easy thing, and it shouldn’t be easy either. Shall one go 100% up in profit? It depends on the type of...

Have your clients love you

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There are lots of things you can do to get your customers or clients to love buying your services or products. One way to make this “relationship” work is to give a service that’s way beyond their expectations. For example, show them that you respect them because they chose your business over someone else’s, and that you will do everything possible to keep giving them the...

Taking a loan for your business

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The most popular approach to doing business is that you would talk to your bank and they would give you a fat cheque with an amount that will make you rich. But does that help? Well, you might make it, and you might fail. And in the case of failure, you need to remember that the bank is not your friend. They don’t care if you succeed or not. The only thing they want back is their money, and...

Non-paying customers

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The biggest concern of any businessman is to have a healthy cash flow. If their is no cash coming in , the business might run on borrowed money from your family and friends, but it won’t last long. Dealing with non-paying customers is a pain in the neck. I have had quite a few of those, but at the end of the day that’s just how they are. But that doesn’t mean you need to put up...

To succeed, you must fail!

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Maybe that was just too direct. Let me say it differently. In order to succeed you would most probably need to fail on the way. It’s absolutely close to impossible to start something and end up succeeding with flying colors. Unless you are superman. Every idea and business demands time and effort, and your passion is like the cherry on the cake. Your job is to do your best, and if you still...

Three tips to a successful product

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In the past few years i have been working as the Project and Product Manager of several major portals, or products in other words. I launched a major lookalike site which was later sold to a high profile ISP and then I built an online radio, CrazeFm, which within three years won the best and most popular radio award. The ups and downs have taught me as to how to take a product and work on it to...

Three tips to a successful product

T

In the past few years i have been working as the Project and Product Manager of several major portals, or products in other words. I launched a major lookalike site which was later sold to a high profile ISP and then I built onto an online radio, CrazeFm, which within three years won the best and most popular radio award. The ups and downs have taught me as to how to take a product and work on it...

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Wakas Mir
From managing an award winning online radio station with thousands of hours on-air, being a product manager for various companies to launching my own brand called Tahoor with multiple successful products, I will be sharing with you my thoughts and ideas about life, positivity, productivity, self-esteem and happiness.

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