Business Startups

Profit in 90 Days? Avoid the Mistakes That Could Cost You a Million Dollars.

Like most reality shows, Undercover Billionaire has a seriously catchy premise: Give an uber-successful businessperson precious little capital, drop him (or her) off in an unfamiliar city, and see whether this individual can whip up a successful business idea in 90 days. Does our hero (or heroine) make a million bucks or fail miserably? Which of three factors -- desire, old-fashioned hard…

These 2 Simple Ideas Helped Rodan and Fields Become a Billion Dollar Brand

This story was originally published on August 31, 2017 and has been updated. Editor's Note: Entrepreneur's "20 Questions" series features both established and up-and-coming entrepreneurs and asks them a number of questions about what makes them tick, their everyday success strategies and advice for aspiring founders. In 2002, Dr. Katie Rodan and Dr. Kathy Fields founded Rodan + Fields,…

The How To: Starting Up A Business In Qatar

Starting and launching your business in Qatar can often be seen as a long, confusing, expensive and arduous process. The information available out there can sometimes be ambiguous and perplexing, and to make things worse, one often gets conflicting pieces of advice from different people. I recently got my company registered in Qatar, and so, as someone who went through this entire process, I figured…

Infographic: The 20 Most Common Reasons Startups Fail and How to Avoid Them

So, you have a great new idea or invention, and you are ready to open your startup business. But, you've been scared by the well-publicized statistic about startup failure -- more than 50 percent of small businesses fail in the first four years. Opening and operating a successful startup requires some luck hard-work and thoughtful planning -- as well as the ability to adapt that plan. Having…

My Corporate Jobs Prepared Me For Entrepreneurship

Before being bit by the entrepreneurial bug and starting ChefXChange in 2014, I was a pure corporate brat. I graduated from the American University in Beirut with a BSc in Economics in 2004, did an MSc in Economics and Finance at the Warwick Business School in 2005, and started working in the banking sector. I worked at firms, such as UBS and Goldman Sachs, before doing my MBA at the London Business…

Q. What Do Virtually All Small Business Owners Have In Common? A. Hustle and Sacrifice.

The U.S. Small Business Administration reports that this country has 29.6 million small business owners. Together, these owners constitute an army of hard-working Americans striving to build something for themselves, be their own boss and support their families and local economies. Regardless of what industry they're in, be it retail and construction, food and beverage manufacture and hospitality,…