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A talk you should watch if you want to be an entrepreneur

We all love TED and its inspirational videos. Who does not? These quick, easy-digest informative videos mostly contain super high wisdom from leaders and stars of their industries. This is the talk that every hopeful, driven, focused entrepreneur needs to watch before diving into the American Dream. Simon Sinek explains so-called “The Golden Circle,” where…
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Understanding SMEs

Small size, big impact. SMEs – Small and Medium Entreprises are businesses whose personnel numbers fall below certain limits. These limits differ state by state. SMEs drives innovation and competition in many economic sectors. The importance of the SME sector has changed over time, reflecting the impact of technological change, changing market conditions and rising standards of…
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Katalatto a Bit: How big is Bitcoin, really?

Bitcoin burst into our financial consciousness like a fiery comet, yet by its nature as a cybercurrency, whose legitimacy only exists in the ether, its credibility leaves much room for debate. Nonetheless, the rise of cryptocurrencies in of itself suggests that people may be slowly losing faith in money and other traditional measures of wealth.…
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Startup Boat: How entrepreneurship could solve refugee crisis?

Thousands pouring into Europe from Africa and the Middle East have arguably created the greatest refugee crisis for the West. Being a jobless and having a general economic insecurity is the core primary reasons that people destabilized by war and chaos finally that made them decide to flee. And jobs are the first thing they…
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Katalatto Explains: P2P Economy

          People have always been benefitted from bartering goods and trade services. This kind of natural way of forming transactions is not a new thing at all. However, digital devices which made matching providers and users more easily made this kind of transaction unprecedentedly usable. Peer-to-peer (P2P) economy is a decentralized…
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What’s Holding Back Fintech?

Jonathan Larsen is the new chief innovation officer at Chinese insurance giant Ping An Insurance (Group) Co. of China  says it stems from partly customers, partly technology and partly regulators. Mr. Larsen was the former global head of retail banking at Citigroup Inc., Mr. Larsen now runs Ping An’s $1 billion Hong Kong investment fund, which is on the…
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Guide to doing business in Azerbaijan — Legal Presence.

Foreign investments are generally defined as all types of tangible and intangible rights, including intellectual property rights, contributed by foreign investors to entrepreneurial and other types of activities for the purpose of making a profit. They include, among other things, participation interest and shareholding in Azerbaijani companies, acquisition of immovable property (except land plot), acquisition…
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Katalatto Explains: Bitcoin

Bitcoin is a decentralized digital currency that enables instant payments to anyone, anywhere in the world. It was invented by programmer under nickname Satoshi Nakamoto. Bitcoin uses peer-to-peer technology to operate with no central authority: transaction management and money issuance are carried out collectively by the network. Bitcoin uses peer-to-peer technology to operate with no…
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The social and economic entrepreneurship of Azerbaijan Democratic Republic

Today, Azerbaijan celebrates 99th anniversary of Azerbaijan Democratic Republic The ADR was established after the collapse of the Russian Empire. Head of the National Council of Azerbaijan – Mammad Amin Rasulzade – the key individual which ADR was founded under his leadership and entrepreneurial ideology, signed  “Act of Independence of Azerbaijan” exactly on this day…
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The future of money

It’s coming. Right now, it’s like we are in a world that is seeing the first automobile. The first cryptocurrency, like the first car, is slow and hard to understand and hard to use.Digital money, like the horse and carriage, works pretty well, and the whole world economy is built on it. Watch digital currency researcher Neha Narula’s talk where she…
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