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Microsoft is laying off 10,000 employees
Layoffs are happening so frequently since May 2022. and they are continuing in 2023. too. On average 1,600 tech workers have been laid off every day of 2023 so far. 91 tech companies globally have already laid off 24,151 workers just 15 days into 2023, according to data aggregated by Layoffs.fyi. They have an impact on the entire…
Thought I’d share my top 5 common mistakes made by first-time start-up founders
There’s no business without mistakes – especially if it’s your first attempt. Learning from your mistakes is a must but you can also shorten the pain by taking the experience of others. 𝗛𝗶𝗿𝗶𝗻𝗴 𝗳𝘂𝗹𝗹-𝘁𝗶𝗺𝗲 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗲𝘀 𝗯𝗲𝗳𝗼𝗿𝗲 𝗽𝗿𝗼𝗱𝘂𝗰𝘁-𝗺𝗮𝗿𝗸𝗲𝘁 𝗳𝗶𝘁. Simply put, do you have something that people really love? Until then, I’m sure you’re frantically playing…
Calculate variable costs, fixed costs, and break-even point
I am often surprised, if not shocked, when I see teams making big impact pricing decisions without calculating the variable costs to fix costs and the break-even point. Let’s walk through an example of a flower shop. The flower shop generates revenues of 450,000 and spends 216,000 on flowers, 150,000 on salaries, 60,000 on rent, and 50,000 on other costs. As a result, the annual…
Ask Yourself These 20 Questions to Improve Your Self-Awareness
Truly knowing yourself requires serious effort. But unfortunately, there’s no set path to self-awareness, no standardized steps you can take to reach it. That said, taking some time to examine yourself—your skills, your desires, your motivations—helps. It’s a way to do the work of getting to know yourself better. Talk, talk, talk. With friends, colleagues, mentors,…
How to Start a Small Business at Home with No Money!
Can you start a business with little to no money? I thought about this when I wanted to start my own business. Yes, you can, and I’m here to tell you how. Starting a small business at home with no money takes creativity and determination. But it’s definitely doable. As I looked into entrepreneurship, I…
