Entrepreneurship

Making the PM Youth Business Loan Scheme Successful

“The One Billion Dollar” question in Pakistan these days is – how to make the PM Youth Business Loan Scheme successful. Keeping in view of the plight of previous loan schemes such as PM’s Yellow Taxi Scheme, a number of people are quite skeptical about its success. On the other hand, the government has already …

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Celebrating Global Entrepreneurship Week: Advice for Potential Entrepreneurs

The world is celebrating Global Entrepreneurship Week from today. More and more people have realized that the markets of the world have been saturated enough to feel comfortable while having an attachment with a company of any standard as an employee. They know that the current economic scenario of the world does not allow individuals …

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Managing a Family Business in an ‘Entrepreneurial Manner’

Family businesses make numerous, critical contributions to the economy and to family well-being both in terms of money income and such intangibles as time, flexibility, control, and personal expertise – if they work. When they don’t, family businesses can be difficult to manage, painful experiences at best. Any business where more than one member of …

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Making Corporate Entrepreneurship Work: “The Innovation Rule” at 3M

Thanks to all of those who have replied to the previous blog on the benefits of corporate entrepreneurship. Some of you asked me to explain that how corporate entrepreneurship works in large organizations. Apple, Motorola, Mitsubishi, 3M, and Johnson and Johnson are all well known examples of large organizations that practice corporate entrepreneurship today and …

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Benefits of Corporate Entrepreneurship

A solution to grow and continuously develop large companies In the late 1980’s many large corporations saw themselves being overtaken by much smaller firms due to their innovations and efficiency. This caused concern in all the quarters and forced management of large corporations to take some quick steps to keep their top positions in the …

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Business Idea Generation and Evaluation: The Start of an Entrepreneurial Journey

I attended two mega entrepreneurship events last week, the Global Entrepreneurship Congress (GEC 2012) and BiZ2012. At both the events Sir Richard Branson was the keynote speaker. He and other speakers emphasised upon the importance of idea generation and opportunity recognition. “Innovate, innovate, and innovate! Generate ideas and act on the best one after evaluating …

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