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5 Reasons Why You Should Invest In Employee Training

Milena Duric Experience, Investment

Running a business is expensive and most young entrepreneurs want (or need) to cut costs wherever they can. This being said, we can tell you that there are some aspects worth the splurge. One of those things is definitely employee training. Don’t believe it yet? Here are the top 5 reasons why you should invest in training your employees: Loyal employees If you offer your employees some initial training, they will more likely be loyal …

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How to work smarter and not longer when running your business

Milena Duric Uncategorized

  As statistics show, most young business owners put in significantly longer hours than the average worker. While it is understandable that running a business does take up more time, you should still stop and wonder how many extra hours are enough. Casper Ravn-Sørensen believes that success is not measured by the amount of hours you’ve spent working, but by how efficient you were. This means you should work smarter, not longer. In order to …

Casper Ravn-Sørensen

How to make good career choices – a short guide to success

Milena Duric Experience, Investment

Being in the business world requires a lot from an individual who often needs to make decisions on daily bases. Doing business can be stimulative and amazing, but it can also be challenging and stressful. While there is no universal way to keep your business on the right track and make great choices even when you’re under stress, there are some tips that might help. If you want to know how to make good career …

PC vs. Mac? What to use when starting your business

Milena Duric Experience

When starting your own company, you will most certainly have to buy computers for you and your team. This gets you to the inevitable question: should you buy a PC or a Mac? This question is not an easy one, as there are pros and cons for each platform, so it will be up to you to decide. Here are some categories to consider when choosing between the two. Price The number one concern for …

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What is agility and how to become an agile entrepreneur?

Milena Duric Experience

People are using the word “agile” more and more during these years. What does it mean exactly?   Agility is the ability to act quickly and with economy of effort in accurate response to change and also to initiate change for business advantage, says Paul Allen.   But if we translate this sentence into an ordinary language, agility represents the ability to respond fast to unexpected situations, and to keep your mind open to new …

nik-macmillan

Making the first impression as a young entrepreneur – a few tips

Milena Duric Experience

You have probably wondered what is the most important thing during important business meetings. As a young, inexperienced entrepreneur, you probably think it is:   The plan of the meeting Or the presentation of the project Maybe you even guess it is The closure of the meeting that is doing all the job But you are wrong! The most important thing during business interviews is actually the first impression you make. Amy Cuddy is Harvard …

mikayla-mallek

What can an efficient blogger do for your business and in which way?

Milena Duric Social media

Of course that you thought about how you can improve your social media marketing. You have made your web-page and you should start posting blogs on your website. But is the blogging business any worth? Answer is – OF COURSE IT IS! Blogger is an ambassador So, as any country has an ambassador, so does every company have an online representative. His or her name is – blogger! A blogger represents an utterly important part …

brooke-lark

Should you, as a young founder of a startup, outsource right away?

Milena Duric Experience

You have probably wondered how do all these startups work out in short period of time. How do they do it? What’s the secret? Well the secret is – outsourcing! How can you start outsourcing? There are a few websites you should keep an eye on: Upwork GitHub Stack overflow Freelancer It depends on which service you need. But you should make profiles on all of them just in case. You never know when the …

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What is a financial statement and how to make it perfect?

Milena Duric Investment

A financial statement is a document provided by your bookkeeper, accounting manager or controller. Basically, it represents the balance of the profit of your company. What does financial statement include? Generally, financial statement includes: the balance sheet income statement and statement of cash flow The balance sheet – provides a snapshot of the business’s assets, liabilities and owner’s equity for a given time (preferably once a month) Current assets – includes cash, stocks and other …

heidi-sandstrom

The young entrepreneur’s circle of people – their influence

Milena Duric Experience, Investment

If you have a heart and mind of a young entrepreneur, you sure are a loner. You have a great idea of a project. You have thought everything through. But the thing you lack is your circle of people. Why? Here is some advices from Casper Ravn-Sørensen on why you need a team of people that are focused on the same goal. The knowledge Of course that you have the knowledge around the area you …