Although a good education is something extremely valuable to an entrepreneur, it is impossible to ignore the fact that some things are learned only in practice. Investing in education is always worthwhile, but when you do not need to take an economic degree to start a successful business. Given that reality comes with a large number of variables that can influence the success or failure of a business, learning by doing is worth more than just theory. What follows is the advice of someone who lived firsthand the challenges of starting a business.

1. Open a business requires sacrifices. Although this statement is a true cliché, repetition never hurts. No course or class can prepare people for such a physical, mental and spiritual involves opening a business.

They just hours to go home on time, holidays and hours of sleep. Before starting a venture, ask yourself if you are ready to face this challenge.

2. Success rarely comes in overnight. Forget those romantic stories, such as Google or Facebook. Behind what looks like, it was a success overnight was great sacrifices and thousands of hours of work.

Companies like Amazon and LinkedIn took years to be profitable. If you want to create something meaningful, be patient, it is a slow process.

3. Make changes when necessary. In most cases, it is difficult to remain faithful to his original vision. It is necessary to be attentive and follow the changes in the economy and market, instead of letting external factors destroy your idea, takes the opportunity to rethink their business model and improve results.

4. Charisma for sales cannot be taught. Regardless of your audience or product, is essential to be in direct contact with clients to close a deal.

We can learn sales strategies in a classroom, but was a good salesman charisma is acquired after years of practice.

5. Big think even if it is small. Big thinking requires entrepreneurs to set ambitious goals and creating processes that could permit the growth

On the other hand, it is important to know your limitations so as not to grow wildly, taking the right steps before you run.

In the end everything is about pursuing dreams within your own pace.

For periods of economic crisis, gold becomes a safe haven for many investors both large and small.

The metal can be purchased physically fit bullion (gold bars have almost one hundred percent pure, with prices ranging between 5,000 and 20,000 Euros depending on your actions), but can also be purchased through certificates deposits or mutual funds.

- Certificates of Deposit:
One of the easiest and simple to buy physical gold. The advantage is that the holder of such certificate does not have the physical gold bullion at home or at any bank. Thus the saver / investor can reduce the costs of transportation and maintenance, while reducing the risk of theft. (more…)

I often asked my position expert, “the most important innovation of recent times”, understood not as research and development, but as business model innovation. There is no single answer for this complex question. I have a particularly clear my choice, surely one of the best innovations take one of the worst names: Low Cost.

Many find the “low cost” due to low-cost aviation. I became interested in the subject through an interview with the CEO of Ryanair, Michael O’Leary, I read 10 years ago, it announced that O’Leary would travel in 2015 without paying the fare.

Ten years ago, this ad made me very curious, so we decided to develop Loop in a pilot project to try to understand the scope and reasons for such statements, the project was christened the “new neighbors” and develop Ryanair a scenario in which linked the cities of Reus and Edinburgh through a flight without cost. The hypothesis of the project was to analyze the economic flows that developed between the new neighbors of Reus and Edinburgh, the stage appeared, their business opportunities, the network of relevant actors, their interests and how this impacted on revenue for Ryanair. (more…)

The term refers to independent economic status where one can enjoy a lifestyle with the actions we have. The key is not having much money, but enough to make decisions that allow you to enjoy life without financial worries. The article explains three different approaches that could help you meet your financial goals:

First Way: Extreme Frugality

Many people find financial freedom by reducing costs with a lifestyle a little different. We hope to earn more money to pay for our tastes and to have things growing larger, modern and expensive. The frugal person does the opposite, the financial independence is achieved by living a lifestyle that requires minimal expense. This does not mean that the “frugal” stop spending, but when I do always looking for ways to strike a balance between price and happiness gained from the expenditure.

By living a life with little expense, they can save a lot of money that allows them to achieve financial independence in the short term. A frugal person usually has no debt, no interest in the latest fashion, and knows how to enjoy the free stuff of life. (more…)

Reaching the taxation back has several steps in our efforts to link the promotion in terms of skills and management skills of each individual. Criterion, that of being a maxim in all enterprises, ensure that both the board as all departments of our company we have the best people, regardless of sex, religion, age or race.

However, as concluded by the European Union, nor is there evidence that the same can be achieved without intervention, particularly in sectors where women are a minority, such as in the area of research, so it is necessary implement policies that promote women’s participation in a pro-active. In addition, in this sense, it is important that women benefit from positive discrimination measures was satisfied that the aim here is not their individual benefit, but that is a big responsibility that they bear as ethics and vision to ensure that future generations will not need these steps to assume positions of responsibility.

In this direction, away from the imposition, the key to equality is that the Spanish companies develop internal promotion policies. Linked to the competencies and professional skills and a willingness to apply the law relating to conciliation and to facilitate and Equality ensure that both women and men, have the same options to assume positions of responsibility without jeopardizing their personal and family life. (more…)