Do successful entrepreneurs take more risk?

According to research performed by Jim Collins, famous for his book “Good to Great”, the answer is NO.  In his book “Great by Choice” (which I strongly recommend), Jim Collins highlights that great companies (by extension – the great entrepreneurswho built and run them over the period of his study) excelled at how they managed risk. Read more about Do successful entrepreneurs take more risk?[…]

DIY marketing for a shoestring budget

For many small businesses engaging in marketing activities is challenging mostly due to the costs involved. How do you get the word out about your product/service on a shoestring? Here are a few marketing tools that are sme budget friendly, are highly effective and can be easily done yourself Mobile marketing This mainly involves the Read more about DIY marketing for a shoestring budget[…]

3 tips to cut costs without damaging your business

In a difficult operating environment such as Ghana’s economy at the moment, your business might require adjustment in order to survive and/or grow. Frequently, such adjustment, or restructuring, involves some level of cost cutting. When properly managed, a cost-cutting process could provide your business much needed fresh legs to pursue its goals. Here are 3 Read more about 3 tips to cut costs without damaging your business[…]

3 mistakes to avoid when running a family business

According to well established research, 90% of all startups fail (including family businesses).   Of the family businesses that survive the startup phase, 70% of them fail or never make it through to the next generation. The reasons for the high failure rates are diverse.  There are however common traits that the successful family businesses Read more about 3 mistakes to avoid when running a family business[…]

ServLed pilots Ideation Lab concept in Ghana

ServLed launched a pilot of its Ideation Lab concept in January with Nuewell, a company focused on creating productivity and financial solutions for small and growing businesses (SGBs) in emerging markets. The objective of the Ideation Lab is to increase the success rate of startups through the following: 1.  Launching businesses with experienced/serial entrepreneurs and Read more about ServLed pilots Ideation Lab concept in Ghana[…]

ServLed pilots Ideation Lab concept in Ghana

ServLed launched a pilot of its Ideation Lab concept in January with Nuewell, a company focused on creating productivity and financial solutions for small and growing businesses (SGBs) in emerging markets. The objective of the Ideation Lab is to increase the success rate of startups through the following: 1.  Launching businesses with experienced/serial entrepreneurs and Read more about ServLed pilots Ideation Lab concept in Ghana[…]

Free resources for increasing productivity in 2016

Starting a new year is great for taking stock, evaluating the previous year and planning to do better in the coming year. There are so many resources and tools that promote efficiency for small businesses. Here are a few recommendations that won’t cost you anything: Trello Trello is great for project management- whether you’re working Read more about Free resources for increasing productivity in 2016[…]