Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business. The people who create these businesses are called entrepreneurs.

Entrepreneurship has been described as the "capacity and willingness to develop, organize and manage a business venture along with any of its r...isks in order to make a profit". While definitions of entrepreneurship typically focus on the launching and running of businesses, due to the high risks involved in launching a start-up, a significant proportion of start-up businesses have to close due to "lack of funding, bad business decisions, an economic crisis, lack of market demand—or a combination of all of these.

A broader definition of the term is sometimes used, especially in the field of Economics. In this usage, an Entrepreneur is an entity which has the ability to find and act upon opportunities to translate inventions or technology into new products: "The entrepreneur is able to recognize the commercial potential of the invention and organize the capital, talent, and other resources that turn an invention into a commercially viable innovation." In this sense, the term "Entrepreneurship" also captures innovative activities on the part of established firms, in addition to similar activities on the part of new businesses.
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Startup

What is a subliminal message and how do companies use them in advertising?

Various shapes, words, or colors can make small but powerful associations between a brand and an intended meaning. Brands like Amazon or FedEx have mastered this even in just their logo. Subliminal messages are one way to create this meaningful and lasting association for customers. Subliminal messages can be used through many mediums – whether it's a TV commercial, print ad, or email campaign. It taps into a customer's subconscious mind and creates repeated exposure to form a brand meaning. Fro...
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Why founders and CEOs need to delegate

Are you tempted to do everything yourself? If so, you're not alone. It's a common dilemma for startup founders and CEOs. It's easy to see why entrepreneurs would want to maintain total control of their products, their marketing, their sales, their finances, and their delivery systems, but it isn't realistic. The art of letting go and delegating can be a hard task to learn, yet it is vital to the success of your startup. Why delegate One of the most important and perhaps obvious reasons you shoul...
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How to be more environmentally friendly at home

As climate talks take centre stage at just about every political event across the globe, it can become difficult to take a back seat in making changes in our own lives. There are so many avenues that are effortless to take to reduce our impact on the environment which can also save us money at the same time. If you're looking for some direction or a few ideas on how to be more environmentally friendly in your day to day life, then there are a few great tips for you listed down below. Use Smart O...
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4 tips for startups looking to improve their interview process

As a startup owner, you wear many hats, and so do your employees. One of those many hats may be that of a hiring team and interviewers. Hiring is often a task that everyone must assist with on top of everything that's on their plate. To help you have the most effective recruitment and hiring process possible, check out these four tips for startups looking to improve their interview process.   #1: Prepare for the interview Many startups overlook this important first step. It's easy to do, es...
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12 foods that fight stress

We lead busy lives. Cramming schedules with work, family, and other obligations leaves little room to stop and take a breather. As a result, our stress levels often go through the roof. Luckily, this infographic by Shari's Berries is here to help you destress in a way that you'll probably love! Feelings of stress are caused by an imbalance of chemicals in the body. To replenish the chemical fuel tank in your brain, it's important to eat nutritious foods that are rich with antioxidants and vitami...
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5 ways startups can attract great talent in a competitive market

As the owner of a startup, you understand that money is often a challenge when it comes to hiring. This makes it extra hard to compete for the best talent, especially when the economy is hot, and the jobless rate is low. So, the question is out there, "How do you hire a top-notch team when you are competing against the big guys?" Take a look at these five ways startups can attract great talent in a competitive market. #1: Create an employer brand You are probably well-versed in how to create a b...
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11 surprising things you can negotiate

Negotiating is a skill that comes with lots of practice. Whether it's at work or in your personal life, negotiations help you create better opportunities for yourself. Most of the time, all you have to do is ask—but that can be the most difficult part. Salary is the most common thing we negotiate but there are many others out there. This infographic from Self Lender highlights 11 things you can negotiate to either save money or earn more. It even gives examples of questions to ask and things to ...
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4 financial reporting tips for startups

Running a new startup is tough. It takes long hours, lots of sweat equity, and tremendous planning. While you may have a handle on getting your startup off the ground and bringing your products or services to market, do you know what you need to do when it comes to your finances? One of the most important things you can do is prepare good financial statements. Why? It's the only way you, your board, your staff, and your investors will know where you stand. Good reporting helps you with financial...
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Great ways for young people to invest

For just about anyone under the age of 30, the thought of investing might seem completely foreign. You've just got enough money to make ends meet with rent, fuel for the car, going out with friends and university debt, right? But what if we told you that investing what's left over might be the key to breaking free of financial stress and becoming financially independent? Below we've listed a great few ways for young people to invest that don't involve a $10,000 stake in a FAANG stock. Open Term ...
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5 ways for startups to increase productivity

Ask nearly anyone, and they'll tell you they wish they had an extra hour in every day. Ask a startup entrepreneur, and they might tell you they wish they had an extra five hours in their day. So, while we might all wish for it, we aren't magical, and we'll have to do with the time we're given. The best answer to gaining time is to get more productive with your day. In this article, we look at five ways for startups to increase productivity. Do this, and you just might find that elusive extra hou...
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