Designate the proper business entity. Check which licenses, permits, and registrations your business Make sure you are paying proper business taxes. Do proper bookkeeping. Get a founders’ agreement in writing. Set a vesting schedule for all founders and early employees.…
The different types of funding could be grouped in 4 main categories depending on the stage your business is at: Stage 1: Pre-seed funding This is the time when you are exploring your concept and validating your idea. The sources…
As we need unified conventions and principles to graph and describe the layout of a house (for example) we need a tool to describe the business model of a given organization. The most common approach of this type was the…
The Design thinking methodology is a popular problem-solving strategy created by the design consulting firm IDEO. Its prime characteristic is a commitment to prioritising consumer’s needs above everything else – by observing how people interact with environments and products…
Social entrepreneurs or changemakers are persons who combine entrepreneurial and social initiatives to achieve a positive change in society. They implement ideas in fields such as education, job creation for disabled people or environmental protection. While convential entrepreneurs look for…
Decide your goals. Second, you need to define the objectives of your offer: What do you want your target group to learn and achieve by the end of the education service? This will help you to find a clear structure…
Analyze your hobbies, skills and talents – Ask yourself: What kind of hobby do I love enough to make it full-time or part-time? What kind of in-demand skill do I have? What industries have you worked in and already know…
The first SASSI LLC Newsletter is out: learn about the Guide to Becoming an Olderpreneur: SASSI LLC_newsletter_1(R3)
Gaining entrepreneurial skills through volunteering – Volunteering can be a great way to gain entrepreneurial skills, as it can provide opportunities for leadership, problem-solving, and innovation. When volunteering, you may be given the chance to lead a project or team,…
A Legacy roadmap is a strategic career overview taking into account one’s professional legacy, the impact on the organisation, and the possibilities for future impact. Where you stand: The first step towards creating a legacy roadmap is understanding your own…
A legacy is what remains when one moves on – the legacy of a civilisation can be found in its architectural monuments and works of art, while an individual might leave their property to their progeny. How does the concept…
Older entrepreneurs achieve slightly more success than younger ones in their ventures. Thus, entrepreneurs are not necessarily bright young men with a grand vision – older people can and do realise new ventures. What causes them to be more successful?…
There are many other definitions of proactivity, but most of them unite on 3 aspects: it has a focus on the future: That means that one anticipates future events, rather than reacting to the current ones. This requires seeing the…
Unfortunately, a growth mindset is not something you can adopt overnight. There is no ‘magic switch’ – making one simple change that will achieve the exact desired result. Instead, mindset is about how you perceive the world and yourself. It…
As the Stanford psychologist Dr. Carol Dweck discovered, the mindset with which students approached tasks, matters very much. Students who believe they are ‘not good’ at a subject continue to fail at it, while students who see bad result as…