There are multiple variables in business that we need to learn to roll with punches and we find those variables double in size and frequency as entrepreneurs. Failing is inevitable in life and everyone fails at something or the other. Steve Jobs was rejected by many companies, Einstein was an awful student. Other famous personalities like Warren Buffet, Bill Gates, and even Oprah failed at something. Failure is, however, not the end of the world. The way you handle a situation determines who you are as a person and an…
Month: October 2020
COVID push: Indian small-town retailers going digital with business activity back to normal levels – reveals Ok Credit data
16 out of 36 States and UTs witnessing business activity levels higher than pre-Covid times; Karnataka, Maharashtra, Gujarat, Andhra Pradesh, Tamilnadu & Delhi are trending at 90-95% of their pre-Covid activity levels Businesses in tier 2 and tier 3 cities witnessing faster recovery than tier 1 cities OkCredit witnessed double-digit recovery in business from medical and kirana stores in September 2020 More than 5.5 million small business owners across 2800 cities and nearby rural areas today deal in over 100 types of businesses using OkCredit to track their account receivables…
Which of your Employees are Vulnerable to Cyber-attacks?
Cyber-criminals nowadays are going after your employees instead of your business systems. One of the leading reasons why there are data breaches around the world against organizations is due to the cyber-attacks that aim at individuals rather than the software. According to the experts, there are clear reasons behind this. It is quite easier to target people who are not that complex instead of targeting a much updated operating system or cloud system. These attackers follow the weakest chain. Threat to Businesses Some of the major challenges to businesses are…
Small Enterprise Webinar Series #21
Survival Story of Prosmit
We had a candid interview with Mr. Amish Shah, Business Chief/ Director of Prosmit. Being an MBA from Gujarat University, he holds more than 15+ years of marketing experience across national & international markets. Amish prefers to describe himself as a Marketeer at Heart, Salesman by Head, and Entrepreneur in Genes. He is a self-learned Digital Marketer who got in-roads into Digital Marketing when Facebook was just born or Youtube was not acquired by Google. After having more than a decade-plus journey in Digital Marketing, he’s today one of the…
5 Greatest Cyber Security Threats Small Businesses Face and Ways to Combat
Small Businesses face equal cybersecurity threats as large enterprises. A common myth for small businesses is the idea of security being so obscure that your business is considered too small a target. However, this is not the case. Attackers can target thousands of small businesses at once as they can increasingly automate attacks. Small businesses are often more targeted as they have less awareness of threats, less time and resources to invest in cybersecurity, and less stringent technological defenses. However, they are no less lucrative targets at the same time.…
Great Protection Tips against Cyber Attacks when Working from Home during COVID-19
In response to the COVID-19 pandemic, many businesses are adopting work-from-home strategies so it is a given that cybersecurity is a trending issue. To target individuals and companies, cybercriminals are searching for opportunities to exploit coronavirus. Below are some ways in which businesses and employees can protect themselves online. Working from home is the new Normal As the world is trying to cope with the deadly COVID-19 and trying to find solutions to stop the spread of this pandemic, many of the common mass is trying to settle into a…
Managing Family Business Conflicts
THE MAJORITY OF INDIAN FAMILY OWNED BUSINESSES ARE LIKELY TO FAIL BECAUSE OF INTERNAL CHALLENGES – WITH THE KEY ISSUE BEING INEVITABLE – AND DESTRUCTIVE – FAMILY CONFLICTS. SO IF A FAMILY WANTS TO PASS A SUCCESSFUL BUSINESS ONTO THE NEXT GENERATION, IT NEEDs TO DEVELOP ITS OWN TOOLS AND SYSTEMS FOR MANAGING CONFLICTS 10 TIPS FOR MANAGING FAMILY BUSINESS CONFLICTS The majority of family firm conflicts are predictable. Conflict avoidance will do more harm to a family than facing up to difficult situations; instead it is important to have…
9 Great Hiring Secrets to Bring Right Sales Staff On-board
Finding the right people for the right job is the toughest of the task for many entrepreneurs and sales recruiters. To get the best talent especially for the sales team, you need to be extra careful in this competitive hiring marketplace as the right talent is absorbed right away. But this does not dilute the fact that recruiting is one of the most crucial aspects of the growth of your company and to witness profitability milestones, so it’s always suggested to keep your eyes open and never stop searching for talented…
Moneycontrol and Inflection Point Ventures collaborate to launch ‘Pitch Right’, a competitive initiative for high potential startups to secure funding
In a bid to encourage a culture of entrepreneurship and start-up in the country, moneycontrol, one of India’s leading financial news platforms and Inflection Point Ventures, one of India’s largest and most active angel platforms, have come together to launch Pitch Right, a competitive initiative for high potential startups to secure funding. Through the platform, the two industry pioneers will identify promising startups that are building innovative solutions and help them grow and succeed in the current challenging environment. Kick starting the registration, eligible participants can submit their entries till November…