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Individual Entrepreneurs Striving to Survive Prolonged Coronavirus Crisis

Individual Entrepreneurs Striving to Survive Prolonged Coronavirus Crisis

SEOUL, Aug. 29 (Korea Bizwire) — Like many other self-employed professionals here, Julia Mellor, an Australian specialist in traditional Korean alcoholic drinks, is striving hard to keep her business running, afflicted by COVID-19 and strict social distancing restrictions. Mellor wouldn’t just wait for the pandemic to be over. She is responding to drawn-out unpredictability by [...]

CUHK Business School Research Finds Individuals with Diverse Skills More Likely to Form Startups and Succeed as Entrepreneurs

CUHK Business School Research Finds Individuals with Diverse Skills More Likely to Form Startups and Succeed as Entrepreneurs

HONG KONG, CHINA, June 26 (Korea Bizwire) - If you have ever been called a “jack-of-all-trades,” you can rest assured the phrase “master of none” isn’t far behind. At the very least, it is often implied. But how relevant is this old saying in today’s business world? Unless you are a jack-of-all-trades who works in an [...]

CUHK Business School Research Reveals Large Early Contributions from Family and Friends May Affect Crowdfunding Success

CUHK Business School Research Reveals Large Early Contributions from Family and Friends May Affect Crowdfunding Success

HONG KONG, CHINA, Jun. 28 (Korea Bizwire) - Raising money from family and friends is a common and effective way for start-ups. However, will it affect the success of crowdfunding initiatives? Entrepreneurs are increasingly relying on internet crowdfunding — the use of online platforms to raise money from multiple contributors. It is reported that active global crowdfunding platforms [...]