What is MVP?

What is MVP?

Introduction Developing and launching a new product or service is never an easy task. There are many factors to consider (conquering the market, acquiring new users, perfecting your offer and many others), and one of the key elements of a successful startup is...
How to do a Competitor Analysis?

How to do a Competitor Analysis?

Introduction Anyone who has ever set foot in the world of entrepreneurship knows that there is a real battle going on in the market. It’s as if you entered the arena, and on the opposite side there are other fighters – your competition. In order to...
How to determine the Price of your product?

How to determine the Price of your product?

Introduction Have you ever wondered how pricing is determined and what are the different strategies companies use to market their products and services? In this blog, you will learn the basic aspects of pricing and how it can affect your business. What does it mean to...
What is a Business Model?

What is a Business Model?

Introduction What is a Business Model? How do we know which Business Model is best for our business? What all Business Models are there?We often hear about companies that have gone out of business because they didn’t adapt their business model. Kodak is one of...
What is Sales?

What is Sales?

Introduction In the blog post “What is Advertising?”, we talked about how to attract attention and awaken the desire to buy. But that’s not the final goal. The ultimate goal is to turn that desire into a sale. So what’s Sales? What are the...
What are Business Operations?

What are Business Operations?

Introduction Have you ever wondered how a business is organized? What is it that makes all units within the business function as a whole? To understand this, we must look at business as a PROCESS: The business process begins with defining goals and strategies, then a...
What is Advertising?

What is Advertising?

Introduction Before we begin, think about the following: Most of us have enough things that interest us – what we don’t have is TIME. Our attention is limited, and trust is precious to us. When advertising, we ask people for their most valuable resource – time....
What is Value?

What is Value?

Introduction Before we go: I am not a sociologist by profession. All that is included in this blog are interpretations of other people’s research as well as a personal understanding of the concept of value. Where does a man get value? What’s it for? Why is...
What is Business?

What is Business?

Introduction to Business Before we begin, note: Each of the disciplines mentioned here is a topic of its own and will be described in more detail in separate blog posts. Disciplines have been simplified to make the concept of business easier to present and understand....