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  • Types of Entrepreneurial Skills

    Entrepreneurship is no easy task. Running a business comes with plenty of challenges. However, as we’ve seen repeatedly, success is not impossible. We’ll discuss essential entrepreneurial skills one must possess to thrive. So if you’re thinking about starting your own business or already in the early stages of entrepreneurship,...

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  • Traits of a Great Mentor

    Mentors are invaluable resources for students, entrepreneurs, and career-oriented individuals. Ninety-seven per cent of mentees feel that mentors are highly impactful and valuable. Likewise, 87% of both parties feel empowered and confident because of their mentoring relationships. However, not all mentors are created equal. Great mentors must possess key...

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  • Strategic Goals in Business

    All too often, entrepreneurs fail because they don’t have goals. Without a sense of direction, it’s too easy to get side tracked and waste time and resources chasing dead ends. Most companies understand the importance of strategic planning and goal-setting. However, more than 80% of small business owners don’t...

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  • How Much Should You Give to Charity?

    In the United Kingdom, 62% of people give to charity through donations or sponsorship. £10.7 billion worth of charitable contributions were collected in 2021, a substantial decrease from £11.3 billion in 2020. The trend of fewer people giving money for charitable purposes is expected to continue in 2022 due...

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  • How Does Charity Work?

    Charity is a type of philanthropy in which people give to others for the purpose of helping other people. The term “charity” comes from the Latin word caritas, which means “love.” When people hear about charitable giving, people often think about formal organizations raising money for specific causes or...

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  • Career Milestone Examples

    Career milestones are important markers for achieving professional success. Knowing these milestones and what they represent is crucial as a business owner or entrepreneur. Studies show that roughly 20% of businesses fail in their first year. While many factors contribute to a company’s success, having a clear sense of...

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  • Managerial Skills in Entrepreneurship

    As an entrepreneur, you wear many hats. You are responsible for the financial management of your business, as well as the day-to-day operations. You take calculated risks to grow your business and always look for ways to innovate your products or services. You possess a unique skill set that...

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  • What Skills Does a Mentor Need?

    In 2021, employee retention became an emerging issue for companies. As a result, organizations started looking into ways to create a sense of fulfillment and satisfaction for their people to reduce employee turnover. Mentoring has proven to encourage engagement and retain and develop employees. Eighty-four percent of U.S. Fortune...

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  • Financial Skills for Entrepreneurs

    Owning and running a business is a dream come true, but it takes more than just passion and vision to keep it afloat. Essentially, businesses need to make a profit. A study by the U.S. Bank found that poor financial management and little to no understanding of cash flow...

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  • The Most Famous Philanthropists

    Humans have been dealing with social issues throughout history that seem to have no absolute permanent solution. In present-day society, 780 million people live in extreme poverty, and only 40% of the worldwide population has attained tertiary education. These barriers and established social systems make it almost impossible for...

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