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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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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Global Entrepreneurship Congress (GEC 2012) – 11 Lessons to be Learnt

I am in Liverpool this week, attending the Global Entrepreneurship Congress (GEC-2012) – “the largest gathering of start-up champions from around the world”.  According to the official website, “It’s about unleashing potential and the will to win, inspiring people to realise their ambitions, and exciting them to make it now.” Yesterday (March 13) was a …

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How to grow a small business? Principles and Features explained

Thanks for such a positive response to my previous blog on “How to grow a small business…”. A couple of you emailed that the blog only discussed the issues and problems for growth but there’s a need to “give solutions” as well and I should help existing and/or potential entrepreneurs in this regard. So is …

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Small Business Failure – Most Common Reasons

I have been teaching, coaching and training a number of aspiring small business owners/entrepreneurs. Some enter into business some don’t. Generally speaking those who enter into small businesses do not plan well and once in trouble start looking for quick fixes. Recently I met with a young and quite influential entrepreneur who acquired a degree …

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