In Bangladesh, there’s a new banking concept called Digital Bank. The Bangladesh Bank has provided guidelines for banks, Financial Institutions, Fintech companies, microfinance institutions, and mobile financial service providers to collaborate and establish digital banks. These banks will be governed by the Banking Company Act […]
Digital Bank : The Future Banking System in Bangladesh Read More »
VC firms invest in startups to earn profits from their investments in the future. They put startups through a rigorous screening process to identify and fund the ones with the highest growth potential. VC firms decide when to exit from their portfolio startups, either to
How VC Firms Exit their Investments Read More »
“Rich Dad Poor Dad” was written by Robert Kiyosaki to share his financial literacy with others. Although this book was published in 1997, its lessons are relevant to this day, which is why this book continues to be sold and read worldwide. Whom does the
Timeless lessons from the book “Rich Dad Poor Dad” Read More »
VC firms, or Venture Capital firms, invest money into startups with high growth potential. When startups use these investments wisely, their businesses are transformed and taken to new heights. Startups like Facebook, AirBnB, Uber and Canva have all raised funds from VC firms to fuel
Who’s who in a VC Firm Read More »
A long tail business model involves selling many varieties of niche products, each in small quantities. This is a sharp contrast to conventional business models which focus on selling large quantities of a few best-selling products. This concept was postulated by Chris Anderson in 2004.
The Viability of Long Tail Business Models Read More »
A franchise is an agreement between two parties franchisor and a franchisee. A franchisor owns a successful business, and it sells the right to copy its business model. A franchisee buys this right and implements the franchisor’s business model in a different location. The franchisee
Your Guide to Business Franchising Read More »
Value Proposition refers to the benefits provided by a company to its customers. These benefits are imparted through the company’s products and services which solve problems faced by customers, or fulfill one or more of their needs. Some values are quantitative, like the price of
How Businesses Deliver their Value Propositions Read More »
A business model explains how a company generates value, or in other words, how it earns money. In the book Business Model Generation (2010), authors Osterwalder & Pigneur describe a business model as a strategy a business will execute through its organizational structures, processes and
Building Blocks of a Business Model Read More »
What is a pitch deck? A pitch deck is a presentation which provides an overview of a business. It is prepared by entrepreneurs to inform potential investors and clients about the business, its products and services, as well as its goals and strategies. A pitch
10 Most Important Components of a Pitch Deck Read More »
The 80/20 Rule, famously known as the Pareto Principle, postulates that 80% of our output comes from 20% of our efforts. This applies to all aspects of life . For example, students working on group projects are likely to see 20% of the group members
Less is More and More from Less: Applying the 80/20 Principle to Life Read More »
