Many entrepreneurs tend to feel overwhelmed, especially when it seems there's never enough time to get things done. Many times this could be a result of poor time management - not getting as much as you can into the time you have. Time is really of the essence hence the age old adage - time is money!

What will this year bring???  This depends on the choices we make with each passing day. To ensure that the answers we seek eventually turn out to be the desired ones, it is vital that we take time to reflect on the past and the present. 

In this second part of our two part write-up, we will continue exploring tried and true strategies that budding entrepreneurs could adopt in order to grow their businesses. In the previous post, we discussed the use of marketing mix, good quality products and excellent customer service to ensure customer loyalty and increased patronage. 

Any true entrepreneur must be on the look out for opportunities and strategies for growing his/her business. This is the key to survival and for increasing your income. The key question however is how?

In today's business world, the size of a business doesn't really matter when it comes to the need for proper management. As a young entrepreneur, a good knowledge of what management entails will allow you think strategically

Businesses need money to thrive. This is because the availability of funding makes it easier to secure supplies and equipment and also helps cushion the effect of unexpected expenses.

Now that you have that brilliant business idea, it is important that you hone your capacity to turn that idea into a profitable business opportunity. Successful entrepreneurs are good at turning ideas into opportunities. 

A lot of of young people around the world nurse the dream of starting their own businesses and becoming successful entrepreneurs.