The climb of a creative leader : Radomir Kobryn-Coletti: Radomir Kobryn-Coletti feels strongly about the need for a Cultural Renewal in a wider scope including Art and Music, as it pertains to the wellbeing and mental health of our communities, the quality and standards of cultural education and the demarcation of our civic values. Through an understanding of history, from Antiquity, the great texts of Vitruvius and Palladio to the latest research on cognitive architecture, with a scientific grounding in objective aesthetic principles, we can create extraordinary built environments and advance civilisation and culture. See more info at Radomir Kobryn-Coletti.
Entrepreneurship is a process of creating new things. It can be anything from a product to a service, or even an idea. Entrepreneurship has been around for centuries, but it is now more popular than ever before. Entrepreneurship has always been about innovation and initiative. Now with the rise in technology and the internet, there are many more opportunities than ever before. Entrepreneurship is the process of designing, launching, and running a new business. It is about having an idea for a product or service and then starting a business to pursue that idea. Entrepreneurs are willing to take risks in order to make money or achieve their goals.
You will become more motivated. When you know what you want to achieve, it is easier for you to see the benefits of taking action. Even when the task ahead is not enjoyable; if you can see a clear benefit, you are more motivated to take the necessary action.
So as a startup, how do you find these alternative sources of funding that offer such collateral benefits? The first and best thing you can do is look to your board and the connective network you already have. The ability to access GCC family office networks is something to consider when building your board and team of advisors. If your existing network has been exhausted, there are events and other opportunities that can bring you closer together with angel investors and family offices. This significantly lessens the influence to artificially maintain high watermarks to receive incentive allocations. Family office decisions are based squarely on investment fundamentals, where long-term value creation replaces the 2/20 mentality. As a result, investments are more than fungible capital. It’s a commitment to align with the entrepreneur on a much deeper level. The deep, global networks of the ultra-wealthy families are used to create opportunities for the startups — from providing strategic advice, intelligence and subject matter expertise, to tangible benefits like identifying contract manufacturers to assist with the development of hardware products.
Radomir Kobryn-Coletti about on leadership training : One way forward is to identify the ever changing needs of your customers in terms of the strategic plan of the organisation and its current workforce. Following up with research is the action plan for the training strategy and once that has been completed, focusing on the training goals. If the required systems and resources are in place the training can begin. This is complemented by on-going monitoring and when the training is through, an evaluation and assessment of the trainees as well as the training process should be implemented. It is only by doing this that the firm will be able to assess the cost and benefit of the money it has spent, delivering training to staff, with confidence.
The pressure definitely is on choosing the right place. Incorporating in a wrong jurisdiction with unsuitable policies can cost you severe consequences and a waste of resources. That’s why thorough planning and research is a must (or at least the right consultation from the real professionals). Corporate giants do this all the time. Apple, Samsung, Google, Berkshire Hathaway, they all have established offshore companies as their subsidiaries in many countries all over the world. Making use of favorable policies while still complying with them, these giants legally reduced their payable taxes by a significant amount.
Before you launch your business make sure you have some money: make savings, borrow from family and friends or approach potential investors. Make a financial back-up plan. Learn how to make a budget for your business. Do not expect that once you start your business to receive financing from a bank, because generally they are reluctant to finance start-ups. Consider using a financing program for new businesses such as the START Program. You, as an entrepreneur, are the best marketing agent for your business, so everything you do and communicate must inspire professionalism. This means that everything from clothing and attitude to business cards and behavior must be impeccable and give potential customers and collaborators confidence.
The future of entrepreneurship will be shaped by how entrepreneurs react to technological innovations such as artificial intelligence (AI) and blockchain technology. These technologies will change the way we live our lives and how we do business, but it’s up to us how we want to use them as tools that help us grow. The future of entrepreneurship is not about a single business idea. It’s about the ability to find new opportunities, grow and adapt to changing markets, and be innovative in the face of adversity. Entrepreneurship is more than just starting a business. It’s about taking risks and being open to new opportunities that come your way. It’s about having the drive to make your own luck, even when things get tough. And it’s about finding opportunity in emerging markets across the world, as well as in technology that can help you grow your company faster than ever before.