Entrepreneurship | Page 2

Emirati entrepreneur Fahim Almas, founder and CEO of Almas Robotics, on making robotics accessible to the average consumer.

An exploration of the startup scene in Northern Ireland.

If your dream is to turn such a side hustle into your livelihood, how do you know when the time has come to make that leap?

The startup aims to utilize the funding proceeds to further build on their accomplishments, and is looking at making focused investments in the areas of product research, operations management, and talent.

Many organizations are falling behind the rapidly changing customer, market and technology landscape.

Entrepreneurs are known for being capable of creating prosperity, but how do they handle the burden of their big ideas and dreams?

There's a fine line between being resolute about the idea you have in your mind, and, well, changing or rethinking your idea in a manner that it suits your intended clients better.

As much as we like to believe sometimes that all of us can run businesses, but in reality, just like we have different personality traits, some of those traits as well define whether we'd be better off as a business owner, or as an employee

The Foodics software manages sales, transactions, inventory, employee schedules, and customer relationships among other F&B operations using iPads as a point of sale (POS) device at restaurants.

It doesn't matter what your degree or job title is- even large companies often assign tasks that require certain project management skills to employees at any level.

There's a lot more that can be achieved if entrepreneurial teams work together.

Researchers suggest that "the autonomy enjoyed by 'being one's own boss' more than compensates entrepreneurs for the hardships otherwise associated with self-employment."

Governments in the MENA region must understand that fostering entrepreneurship is vital to solve unemployment and avoid social turmoil.

In the modern economy, time really is money. How are you spending it?

This business leader believes that his enterprise's strength is in the ability to cater for the changing needs of clients, businesses and markets in which they operate.

Women have been part of so many diverse industries around the world and have been making their mark– albeit a bit slower in the Arab world.

As an entrepreneur, you are called upon to speak to small as well as large groups of people. It's a sign of leadership- for you to communicate publicly your ideas, plans, innovations and vision for the future.

While the early goals of the region (especially the UAE) may have stressed on wielding influence as a powerful customer base for Western creations, the narrative has, in recent years, shifted to a focus on developing a fashion ecosystem right here.

Social entrepreneurship is driven not so much by profit as by societal needs that the entrepreneur has identified and is passionate about.

Through the knowledge-creation forces and the continual adjustments by each individual, free enterprise successfully coordinates the actions of literally millions of people from around the world into a productive whole.

Being misled and lied to when you need to have accurate information at hand to make critical business decisions can have serious negative implications for your company.