Treat Your Startup Like a Business From the Start

I’ve noticed a great tendency among startup founders to ignore the essentials of business accounting in the early stages of their startup. Just because you are not profitable yet, doesn’t mean you can skip the record keeping. In fact, just the opposite is true.

Originally posted here: Learn to sell. Don’t believe the old myth that “if we build it, they will come.” Selling is a learned skill, and takes effort, just like building a product. Everyone in your startup, especially the entrepreneur, needs to understand sales, and needs to be a salesman.

Define a business that is scalable First, pick an opportunity that has a worldwide appeal, like eco-friendly products. Then implement automation on production and tracking so you don’t need hours of manual work on each order. Finally, use customer feedback or promotions to attract more and more customers with less and less effort. Treat Your Startup Like a Business From the Start Sufficient infrastructure Tha…
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Thai Auto sales hit record high in May

Thai Auto sales in May hit a record high of more than 115,000 units, a 107.6 per cent increase, Toyota Motor Thailand Senior Vice President Wuttikorn Suriyachantananon said. (more…)
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7 Attributes of a True Entrepreneur, Young or Old

To be an entrepreneur, you have to be navigate lots of unknowns, and the path is fraught with risk. Once you are past a certain mental age, you know too many of the things that can go wrong, so you never start. Sort of like the old saying that if we didn’t have young men to fight our wars, we could achieve world peace in no time. People who are young, or young at heart, don’t know all the negatives, or don’t worry about them. (more…)
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Even Startups Can’t Innovate Without a Process

Most entrepreneurs I know are individually very innovative, but a successful startup can’t be a one-man show (for long). That means they need to build an innovative team, which is not a skill that most people are born with.

See the original post: Learn to lead. In a startup, the entrepreneur leader has to do two things. First, drive the business creation process, and secondly, inspire all the others. The others include the rest of the team, investors, and customers. That means hands-on leadership and effective communication. Even Startups Can’t Innovate Without a Process Growing economy Economically, this country of 67 million people is characterized by steady growth, strong exports and a vibrant domestic consumer market. Abundant natural resources and a skilled and cost-effective work force help attract foreign investors, and enable them to prosper and develop industry in Thailand.
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Troubled waters and fishy business

Today, consumers, distributors and even many seafood processors commonly lack basic information about the fisheries from which fish products originate. In general, they cannot know whether the fisheries are overfished or well-managed. They cannot even be assured that the fish were caught legally – a major concern when current evidence suggests that illegal fishing could provide up to around 30% of the wild-caught seafood that reaches global markets and, ultimately, people’s plates. (more…)
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The Future of Thai rice and Thai farmers

This year is the fourth anniversary since Thailand designated today, June 5, as National Rice and Farmers Day. As Thailand has been the world’s top rice exporter for a long time, questions about the future of Thai farmers and their improved livelihood remain unanswered. (more…)
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4 Startups Revolutionizing Social Commerce

In 2010 Mark Zuckerberg said, “If I had to guess, social commerce is next to blow up.” He was right. Social media has changed the way we shop online, and the statistics confirm it. About 81% of consumers receive advice from friends and family relating to a product purchase through a social networking site. And the majority — about 74 % — of consumers rely on social networks to guide their purchases. (more…)
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What Does a Startup Have To Do To Get Noticed?

The space for startups is more crowded than ever. First of all, it’s now international, so you have startups from every country in the world competing for your customer’s attention and their business. (more…)
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Capitalism: A means, not an end

Adam Smith’s notion of the ‘invisible hand’ has guided multitudes of people to promote ends which were not parts of their original intention. The market economy enjoyed its en vogue status throughout the 20th century and into the early 2000s. However, after the subprime crisis in the United States and the ongoing Eurozone crisis, questions have been raised on the efficacy and value of capitalism as the world’s economic system. (more…)
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