Growing your business: mix risk and responsibility wisely

Rockets Founder and CEO Sean Barber is back in this podcast to further discuss business insights to growing a business.

The businessman describes return on investment as a rate of return that is highly affected by time — as the saying goes, “time is money”. He says if you are an entrepreneur who wants to make a certain percentage of returns annually, you should understand how much you need to first invest in the business and then calculate the length of time, in months or years, it will take for you to get your initially invested money back.

Experiencing failure does not dictate business failure, as long as the founder continues fighting, but being too thrilled by taking risks can lead to drastic mistakes. It also determines the period it will take to get your money back, once you invest in a certain company or inject cash into your own business.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Advertorial | Mastercard and Junior Achievement South Africa Empower Women to Start or Grow their own Business | CitypressTo support the growth and development of women entrepreneurs and curb the high unemployment rate in South Africa, Mastercard funded two entrepreneurial development programmes in 2021 that have seen more than 180 young women gain entrepreneurial skills to start or grow their own businesses.
La source: City_Press - 🏆 7. / 72 Lire la suite »

Don’t reinvent the wheel: learn from mentors and business coachesSPONSORED: Entrepreneurs need mentors with great knowledge of the field and problem-solving abilities, which help businesses reach new heights. rmadzena sits with the Human Capital Founder YoniTiti to discuss the importance of mentorship. BankOnUs rmadzena Thank you!!
La source: mailandguardian - 🏆 2. / 92 Lire la suite »