Rami Reda
Entrepreneur
A serial entrepreneur from Toronto, ON, Rami Reda has already had a successful career where he's created more than 300 jobs, raised over $75 million as an entrepreneur, and generated over $400M ROI.
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Challenges You Will Face Launching Your First Startup
The terms ‘entrepreneur’ and ‘start-up’ conjure up misleading imagery of elite success. Life as an entrepreneur leaves bumps and bruises and when you’re launching your start-up, it can take you on a rollercoaster ride. Allow me to enlighten you on some of the challenges you are likely to experience with start-ups.
Standing in the doorway of the entrepreneurial world rarely cultivates unhindered, unshakeable confidence. It is more like being on the starting blocks of a steeplechase race without knowing what is on the far side of each obstacle.
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Leading Your Business through Times of Uncertainty
Uncertain may be the mildest and least offensive characterization of 2020 entrepreneurs are willing to accept. A rollercoaster, gong show or a dumpster fire might even be too polite in your opinion. For some it has been an unmitigated disaster for others opportune disruption but for everyone it has been tumultuous.
Uncertainty has presented itself at every angle with very few passages to steadying the ship. COVID-19 has challenged every start-up owner in uncomfortable ways and given rise to consistent new challenges.
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What Does it Take to Be an Entrepreneur?
First things first, there is no one suite of characteristics and traits that magically unlocks successful entrepreneurship so if you don’t see some of your qualities in this article, don’t shelve your business ideas immediately.
The very nature of being an entrepreneur requires you to do something different. There is no list capable of encapsulating everyone but some quirks and commonalities exist. They may be characteristics, oddities, predilections or attitudes but they are ever-present in the entrepreneurship community.
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Strategic Alliances – What to Look For and How to Find Them
First came the Travis Scott burger. A viral sensation that was nothing compared to BTS meal. Haven’t heard of it? BTS meal is as viral as fast food gets. Just look at eBay. You can buy an empty BTS meal box for $50. A full meal sold online for $90,000. It might be a viral campaign but the wild success is down to McDonald’s careful selection of strategic alliances. They’re not the only ones doing it either.
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Rami Reda Ideamensch Interview
Rami Reda’s success isn’t by chance. He is a second-generation business owner based out of Hamilton, Ontario in Canada who has founded numerous successful businesses. Rami knows that it takes hard work and dedication to make a startup grow, survive, and thrive. Throughout his journey, Rami’s enterprises have created over 500 jobs, generated over $500 million ROI for shareholders and investors, and raised over $100 million in investment capital. In the world of business, Rami Reda has made a n...
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What Problems Can Get Out of Hand Quick for an Entrepreneur?
Entrepreneurship is, at least for the first few years, a wild test of your survival instincts. Poor preparation, a lack of intuition or a run of old fashioned bad luck and any start-up will be crossing the River Styx like the other 90% of wishful entrepreneurs’.
It isn’t always survival of the fittest either so how do you even begin to avoid the drop?
Firstly, by knowing the potential pitfalls. The devil you know is better than the devil you don’t. In this case, it is the problems entrepreneurs routinely face that get out of hand and can end up tanking a business.
ramireda.org
Strategic Alliances – What to Look For and How to Find Them
First came the Travis Scott burger. A viral sensation that was nothing compared to BTS meal. Haven’t heard of it? BTS meal is as viral as fast food gets. Just look at eBay. You can buy an empty BTS meal box for $50. A full meal sold online for $90,000. It might be a viral campaign but the wild success is down to McDonald’s careful selection of strategic alliances. They’re not the only ones doing it either.
The next time you sit into an Uber, try connecting your Spotify and seeing what happens...
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How Do Entrepreneurs Manage Fears and Doubt?
Every entrepreneur has doubts and fears, anyone who says otherwise is emotionless or lying.
Fear is a protection mechanism designed to keep us alert and prepared to deal with danger. Whether it is controlled or even rational is up to the individual. Entrepreneurs experience fear just the same as everyone else. The only difference is the ability to work through it or compartmentalize.
Don’t think that your friend who started out their own business simply glides around with an air of unbreakable confidence and certainty. Absolutely not! They experience so many of the typical fears associated
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Entrepreneurs: Dream Big. Win Small.
New entrepreneurs often cultivate an image of what life is like when they become successful. No financial worries, not answerable to anyone and a healthy subscription to all the finer things in life. The image rarely includes the late nights, rolled up sleeves and all the baby steps and small wins it takes to get there.
Don’t mistake me, dreaming big is awesome and helps create the vision of where you are going but it is winning small that gets you there.
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5 Entrepreneurs Worth Admiring | Rami Reda
Entrepreneurship is not about trying to be the next ‘somebody’. It is about pursuing your vision and contributing something new to the world. New start-ups often glare into the images of elite entrepreneurs envious of their success and vow to follow in their footsteps.
Let me tell you, don’t bother. Inspiring entrepreneurs should be people you look to for creative problem solving, individual courage, guidance and a willingness to be different. They are not in it for the flashy label, they are living out their passion. That is where you should be.
ramireda.net
5 Entrepreneurs Worth Admiring
Entrepreneurship is not about trying to be the next ‘somebody’. It is about pursuing your vision and contributing something new to the world. New start-ups often glare into the images of elite entrepreneurs envious of their success and vow to follow in their footsteps.
Let me tell you, don’t bother. Inspiring entrepreneurs should be people you look to for creative problem solving, individual courage, guidance and a willingness to be different. They are not in it for the flashy label, they are...
ramireda.info
5 Tips for Growing Your Start-Up into a Corporation
Let me start by making a couple of things clear. Entrepreneurship is a sport for the brave and persistent.
You need to be brave enough to make the calls others wouldn’t and persistent enough to stay in the fight until you succeed. Those two points will remain critical throughout your start-up journey.
Growing into a corporation is a lofty endeavour and one which you cannot take lightly. If your aim is to grow to that size, you had better be prepared and willing because everyone wants that lev...
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5 Reasons Why it is Time to Innovate
Business and industry can easily be equated to one big game. There are different players, strategies, plot twists and evolutions. The comparison is not aimed at trivialising your work but drawing attention to the fact that the most evolved players usually do the best.
At any given time, the next most brilliant invention might render many companies obsolete. It has happened before and will happen again. Just take a look at cell phones. Nokia, Motorola and Siemens ruled the roost for a very lon...
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How to Stay Motivated as an Entrepreneur
Motivation is an abundant resource in the beginning of any entrepreneurial journey. Excitement, nerves and drive blend together to create a caffeine-like cocktail fueling even the longest days.
Over time, however, with setbacks and added demands, the light may begin to flicker. Being an entrepreneur, I know all too well about the risks of being a star that burns too bright. There are few warning signs your motivation might run out until you need to take a few days due to physical or mental fa...
ramireda.net
Leading Your Business through Times of Uncertainty
Uncertain may be the mildest and least offensive characterization of 2020 entrepreneurs are willing to accept. A rollercoaster, gong show or a dumpster fire might even be too polite in your opinion. For some it has been an unmitigated disaster for others opportune disruption but for everyone it has been tumultuous.
Uncertainty has presented itself at every angle with very few passages to steadying the ship. COVID-19 has challenged every start-up owner in uncomfortable ways and given rise to c...