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▶ Can you solve this? 🤓 . #riddles #riddleoft ▶ Can you solve this? 🤓
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#riddles #riddleoftheday #brainteaser #trainyourbrain #funlearning #mathpuzzle #thinkoutsidethebox #problemsolving #solvethis
▶ Creating a new business, or new product, invol ▶ Creating a new business, or new product, involves a high level of risk. Do people want it? Do they need it? Will they actually pay for it? And what do they value most about it? Without finding out you might invest years in the development and still no one would want to buy your product. That would be sad, right? Well, it's funny because this is what most people do!
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🔎 But why not make sure you develop something that people will actually pay for? There will always be some risk in entrepreneurial endeavours, but you can REDUCE THAT RISK TREMENDOUSLY by testing, testing and testing. And not only at the beginning but continuously throughout the lifecycle until you exit the business. Make testing a habit as that will save you a lot of money and effort.
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#businessinfographic #infographic #businesstesting #abtesting #experiments #businessrisk #uncertainty #businesscreation #newbusiness #customerdevelopment #startuptips #startuptools #startupadvice #startupskills #businessskills #businessownertips #businessadvice #entrepreneurshiptips #entrepreneurshipeducation #businesseducation #businessstudies
▶ 68% - that's insane! In other words, you could ▶ 68% - that's insane! In other words, you could lose 2 out of three customers because you're not doing enough CSR or you're greenwashing! So maybe it's time to reconsider your CSR strategy.
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🙏 CSR=Corporate social responsibility, which is typically measured as the number of positive vs. negative effects of a business in seven areas that are environment, employees, human rights, community, diversity, product and corporate governance.
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🐍 GREENWASHING=Conveying a false impression of how a company's activity is environmentally sound.
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#csr #corporatesocialresponsibility #greenwashing #sustainability #customerexpectations #positiveimpact #cleanenvironment #corporategovernance #humanrights #businessownertips #startuptips #entrepreneurshiptips #startupadvice #businessadvice #startupskills #businessknowledge

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Business models

How to visualize a business model and which tool to use

Business model is what answers the question about how your business works and how you make money. Explaining this can be difficult if you are not sure where to start.… More