by Philemon Nwigwe | Jun 6, 2020 | Crucial Piece of Advice for Founders, On Competition, The Strategic Founder
Jeff Bezos said that while so many other companies focus on beating their competitions, Amazon focuses on pleasing and winning over the customer. Both approaches might look like they are the same but they are not. When you focus on your competition, you will likely...
by Philemon Nwigwe | Jun 6, 2020 | On Business Model, The Strategic Founder
As a startup, you don’t need to worry so much about business model in the early days. But, even then, in the long run, you must have to figure out the appropriate business model for your company. It is therefore essential that you get a glimpse of what a...
by Philemon Nwigwe | Jun 6, 2020 | Crucial Piece of Advice for Founders, On Business Plan, The Strategic Founder
A Few Ideas About Business Planning for The Strategic Startup 1. Business plan only shows how much you understand your idea. 2. Business plan doesn’t show how much you can execute. 3. Nobody follows their business plan – since no plan actually works; a...
by Philemon Nwigwe | Jun 6, 2020 | Crucial Piece of Advice for Founders, Mistakes Every Founder Should Avoid, The Strategic Founder
Some Piece of Advice for The Strategic Founder and some Mistakes He Should Avoid Making. 1. Don’t be a single founder. 2. Avoid bad locations. 3. Choose a niche that will pay if things pick up. 4. Be wary of ideas you don’t understand – especially problems you...
by Philemon Nwigwe | Jun 5, 2020 | Before the Startup, Books Every Founder Should Be Reading, The Strategic Founder
The Strategic Founder reads lots of books because learning is his second nature. He meditates a lot on what the great astronomer, planetary scientist, cosmologist, astrophysicist, astrobiologist, author, and science communicator, Carl Edward Sagan, believed about...