Some time ago, we decided to venture into laundry bar soap-making. Like excited entrepreneurs, we played by the book. We did our market research, got
Category: Business
The economics of a business
The main objective of any business is to generate a profit for its owners, although this objective has been forgotten by many entities, which often
How to develop a Minimum Viable Product (MVP)
A Minimum Viable Product (MVP) is the most basic version of a product or service that can still solve the core problem it’s meant to
Lessons from a Failed Soybean Venture: Navigating Commodity Market Cycles
Sometime last year, I decided to venture into soybean farming. I did it in the typical Ugandan corporate style. First, I went to YouTube and
Setting Up a Successful Small Business: Insights from Michael Gerber’s “The E-Myth”
Many people leave employment to start a business but end up more enslaved by their businesses. They are often overworked, stressed, and struggling financially. Their
Is it time to give up on your business venture?
I have done several business ventures, many of which have been absolute failures. Sometimes, it is better to cut your losses and move on to
Unlock your true potential 