Mubasher Private Companies’ News Highlights

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Private Equities News
Feb 27, 2024

Beta Lab leads extended $5.5mn Pre-Series A round for TradingLeagues

Riyadh - Sharikat Mubasher: Saudi deep tech venture capital firm Beta Lab led an extended $5.5 million pre-Series A funding round for TradingLeagues, a global gaming platform for financial markets, a recent statement revealed.This step highlights Bet

Investor News
Feb 26, 2024

Al-kassabi: Kingdom aspires to advance sustainable trading system

Riyadh - Sharikat Mubasher: Saudi Arabia participated in the 13th World Trade Organization (WTO) Ministerial Conference that takes place in Abu Dhabi from 26 to 29 February.During his speech at the conference, Minister of Commerce Majid Al-kassabi af

Private Equities News
Feb 26, 2024

Monsha’at fosters entrepreneurs in Eastern Province

Riyadh - Sharikat Mubasher: Governor of the Small and Medium Enterprises General Authority (Monsha’at) Sami Alhussaini held several meetings to explore ways of fostering entrepreneurs in the Eastern Province.Alhussaini met with Bader AlReziza,

Private Equities News
Feb 26, 2024

Investments in existing factories in Kingdom hit SAR 1.5 tn

Riyadh - Sharikat Mubasher: The total investment volume in existing factories in Saudi Arabia reached SAR 1.5 trillion by the end of 2023, recent figures by the Ministry of Industry and Mineral Resources showed.The Key Industrial Indicators for 2023

Private Equities News
Feb 26, 2024

Nutanix highlights hybrid multicloud experience at LEAP 2024

Riyadh - Sharikat Mubasher: Nutanix, a global firm specializing in cloud software, is set to take part in LEAP 2024 to share its strategy of delivering the optimal hybrid cloud experience for government entities and private enterprises in Saudi Arabi

Private Equities News
Feb 27, 2024

Beta Lab leads extended $5.5mn Pre-Series A round for TradingLeagues

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Investor News
Feb 26, 2024

Al-kassabi: Kingdom aspires to advance sustainable trading system

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Private Equities News
Feb 26, 2024

Monsha’at fosters entrepreneurs in Eastern Province

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Private Equities News
Feb 26, 2024

Investments in existing factories in Kingdom hit SAR 1.5 tn

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Private Equities News
Feb 26, 2024

Nutanix highlights hybrid multicloud experience at LEAP 2024

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Experts Thoughts

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Startup
Feb 25, 2024

Who is the hustler entrepreneur?

By: Shaimaa Ibrahim

Translation: Noha Gad

 

Hustler entrepreneurs are willing to work hard and put in a constant effort more than innovative entrepreneurs. They often start small and work towards growing a bigger business with hard work rather than capital, unlike innovative entrepreneurs.

This type of entrepreneurs usually studies all project-related factors including the investments, the project’s resources, and the risks they might face throughout their journey toward achieving all planned objectives.

Characteristics of hustler entrepreneurs

Hustler entrepreneurs are fond of unlocking opportunities to grow and broaden existing ideas; they work hard to create such opportunities rather than waiting for them.

A hustler entrepreneur is an enthusiastic business-oriented individual who is always prepared and dutiful and never lacks self-discipline or follow-through. Hustler entrepreneurs tend to be very focused and will get rid of all forms of distractions, favoring risks over short-term comfort.

Failure is not an option for hustler entrepreneurs. They always go for their goals to grow their projects even though it takes a long time to realize their ambitions, unlike other entrepreneurs

Advantages of being a hustler entrepreneur

  • Diligence and constant hard work.
  • Dedication and commitment.
  • Facing risks boldly.

Disadvantages of being a hustler entrepreneur

Hustler entrepreneurs just work harder and are willing to get their hands dirty; they often do not see the value of raising capital opposite to working harder. 

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Startup
Feb 21, 2024

Who is the innovative entrepreneur?

By: Shaimaa Ibrahim

Translation: Noha Gad

 

Entrepreneurship is the ability and readiness to develop, organize, and run a business enterprise, along with any financial uncertainties to make a profit. The entrepreneurship ecosystem could play a crucial role in bolstering the economy of any country.

There are different types of entrepreneurs based on the way they manage businesses as well as their characteristics and motivations. This includes the innovative entrepreneur; an individual who comes up with a brand-new idea that could be turned into innovative products in the market.

Who is the innovative entrepreneur?

Innovative entrepreneurship is the practice of establishing new businesses based on innovation and cutting-edge technology, along with strategic planning and effective implementation.

An innovative entrepreneur is a person who can turn innovative ideas into real businesses and projects while adopting new methods and marketing strategies. This type of entrepreneur usually inspires others.

Characteristics of innovative entrepreneurs 

The innovative entrepreneur must be: 

  • Passionate and eager to learn, innovate new ideas, and make a positive impact.
  • Resilient to adapt to expected uncertainties, understanding that risks are integral to the business journey.
  • Able to find out-of-the-box ideas and overcome challenges and obstacles with different perspectives.
  • Aware of the importance of ongoing learning to keep pace with the ever-changing business environment.
  • Have a clear long-term vision.

Challenges Facing Innovative entrepreneur

  • Securing adequate capital to turn an idea into a real business.
  • Taking a long time to bring an idea to life.

Advantages of being an innovative entrepreneur

Being an innovative entrepreneur has several advantages, notably:

  • No fierce competition when starting your project.
  • Being the sole person responsible for setting the rules for the business’ growth.
  • Having full ownership of the company’s shares. 

Sharikat Mubasher Podcasts

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