I’ve noticed a great tendency among startup founders to ignore the essentials of business accounting in the early stages of their startup. Just because you are not profitable yet, doesn’t mean you can skip the record keeping. In fact, just the opposite is true.
Thai Auto sales in May hit a record high of more than 115,000 units, a 107.6 per cent increase, Toyota Motor Thailand Senior Vice President Wuttikorn Suriyachantananon said.
To be an entrepreneur, you have to be navigate lots of unknowns, and the path is fraught with risk. Once you are past a certain mental age, you know too many of the things that can go wrong, so you never start.
Most entrepreneurs I know are individually very innovative, but a successful startup can’t be a one-man show (for long). That means they need to build an innovative team, which is not a skill that most people are born with.
Today, consumers, distributors and even many seafood processors commonly lack basic information about the fisheries from which fish products originate. In general, they cannot know whether the fisheries are overfished or well-managed. They cannot even be assured that the fish were caught legally
According to a survey by the Thai Rice Foundation, the number of farmers continues to drop. And 90 per cent of farmer’s children—the future of Thai agriculture—said they would not carry on their forebear’s work in rice paddies.
About 81% of consumers receive advice from friends and family relating to a product purchase through a social networking site. And the majority — about 74 % — of consumers rely on social networks to guide their purchases.
The space for startups is more crowded than ever. First of all, it’s now international, so you have startups from every country in the world competing for your customer’s attention and their business. Then there is the Internet, delivered through every media, including your smart phone, where the volume of data spewing out is like a new Library of Congress every 15 minutes. According to a recent study done by the Ewing Marion Kauffman Foundation, there were 565,000 new businesses created per month in 2010 in the US alone, which is a 15-year high.
