It is common now to hear the words “entrepreneur” and “businessman” being used interchangeably. A Businessman and an entrepreneur have many similarities, but the fact is that their meanings are quite different from each other. Ignorance makes many businessmen label themselves as entrepreneurs. Let’s first look at the two definitions …
Read More »THE CUSTOMER IS NOT ALWAYS RIGHT, BUT THEY DO HAVE MANY ANSWERS
The old adage “the customer is always right” is completely wrong. The reason is simple: customers lie all the time. They might lie to try and get a better price. They might tell you they’re willing to pay for things they are not. They might even tell you there are …
Read More »SEVEN REASONS WHY BUSINESS PARTNERSHIPS FAIL
Sometimes for a business to start up, grow and succeed, you may need to go into a partnership. However, Partnerships are breeding grounds for conflict because everyone is a chief, or thinks they are. Business partnership can be compared to a marriage because there are quite a few similarities that …
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