Going into business for the first time can be very exciting. However, as there are so many startups springing up, you will need to stay ahead of the game, making sure you give your new business a chance to succeed. Entrepreneurs such as Timothy Sykes have made a lot of money out of their business, […]
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While there are some incredible stories when it comes to how millionaires and billionaires made their fortunes, there are only a few people that have done it from a garage environment, whether theirs or their parents’. If you’re thinking about renting office space for your new venture, why not consider starting in your garage instead? […]
Running a business is very challenging. There’s so much to think about, from priorities, consequences, profits, and economic recessions and depression. These challenges will cause detours to your success as an entrepreneur. The U.S. Bureau of Labor Statistics asserted that approximately 50% of all businesses survive for only five years or more. In fact, only […]
Successful entrepreneurs have one thing in common: they think outside the box. It was this type of thinking that gave us many of the inventions we use in our daily lives, from smartphones to weed whackers. As business expert and serial entrepreneur Scott Vollero says, “Don’t reinvent the wheel – make it better!”
Business professionals still look up to well-known entrepreneurs like Henry Ford, but there is no denying that the world has changed. If you had a nest egg, a gift of the gab, and good connections a century ago, becoming a millionaire wasn’t such a longshot. Today, you need to work extended hours, be in the […]
You don’t have to launch your own 501(c)3 nonprofit to do serious good in this world. You can do your part to simultaneously support disadvantaged communities, lift up your own workers, act as a responsible steward of the environment, and look after your own bottom line.
People in the business world make lots of mistakes when launching and growing their operations. In most instances, the only way to improve is to learn from the error. That should mean you don’t repeat it in the future. That said, there’s no harm in getting some advice from the experts. Today, we’re going to […]
Every customer is important, but there’s no doubt that some clients are more valuable than others. Subsequently, going the extra mile for those integral people is something that should sit at the top of every business owner’s agenda. Most entrepreneurs appreciate those sentiments; the main issue, however, is finding ways to make it happen. It’s […]
The concept of ‘virtual’ workspaces is still relatively new. However, their popularity is growing at a rapid rate. Over the last five years, more and more business owners have been opening their minds and experimenting with remote teams. To clarify, a remote employee is somebody who performs their regular office duties from an offsite location.
Launching a startup is exciting, but it can also be scary and stressful. Startups operate on very tight budgets. They need to make the most out of every penny they spend, particularly on marketing. This is a paradox for entrepreneurs. The future of your company depends on building a brand and reaching new customers. You […]
Running a business is never easy. Many budding new entrepreneurs seem to think that there is a foolproof guide available for anyone starting a new business, whereas in reality much of a startup’s success is commonly based on factors independent of that business sector. What you will find, however, is that there are certain issues […]
Businesses can rise and fall. Very few of them manage to survive the test of time and, unfortunately, crumble beneath the wave of new businesses, ideas and entrepreneurs that promise to bring something new to the table. Unfortunately, those companies will eventually crumble assuming they can’t adapt. However scary change might seem, it’s a vital […]