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Your Guide to Gaining a Competitive Edge and Succeeding as an Entrepreneur Over the Next 5 Years
As an entrepreneur, you must stay ahead and anticipate the future. To do this, you must refine your current skills and understand successful business practices while sharpening the most important skills you should master in the next five years.From recognizing potential opportunities to adapting quickly to change and maximizing resources for growth, you'll be better equipped to take your business…
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The 4 Hard Truths Every New Entrepreneur Learns Too Late
The idea of being your own boss appeals to many aspiring entrepreneurs. In addition to this freedom and flexibility, there's also the possibility of unlimited earning potential. However, entrepreneurship is much more complicated and challenging than most people think. I've started multiple companies, and I can tell you first hand…
Alleviate Entrepreneurial Imposter Syndrome With Franchising
About eight years ago, I finally decided enough was enough — enough red tape, enough bureaucracy, enough of not feeling like my efforts aligned with my professional success. As much as I was ready for a change and knew what I'd be walking away from, I wasn't sure what I…
How to Use ChatGPT As an Easy Side Hustle That Brings in $4,000 a Month
Since ChatGPT launched in November 2022, people have asked what the revolutionary chatbot can do for them. There's a seemingly endless number of applications, from generating marketing copy to writing code, to summarizing complicated documents and putting together your weekly grocery list. But when 26-year-old Dhanvin Sriram started having conversations…
Great Wealth Transfer: Business Speeds Up Inheritance Process
This as-told-to essay is based on a conversation with Ari Brojde, co-founder and CEO of Estateably, an estate, trust and incapacity accounting and administration software used by more than 1,000 firms and 20,000 families so far to process over $15 billion worth of assets. Read on to see how Brojde…
How to Build Brand Recognition From Scratch
Branding instills meaning into organizations, their products and services. A brand is more than a visual identity; it is the sum of actions and assets that shape the organization's perception in the stakeholders' minds.Effective branding can make the difference between thriving and scaling or remaining largely unknown. New businesses are…
Nearly 50% of Americans Have a Secondary Source of Income or Side Hustle. Here Are 7 Steps You Should Take to Create Lasting Value for Yours.
The concept of a side hustle gave rise during the pandemic, when the economy as we knew it immediately transformed, and most jobs were in some state of overnight transition. As life returned to a new definition of normalcy and markets rebounded, stabilized and even flourished, the side hustle economy…
‘Elevator Pitch’ Must-See: The Pizza Wallet
On the season 12 finale of Entrepreneur Elevator Pitch, contestants hoping to win game-changing funds for their businesses must prove to our elite panel of investors that they have what it takes to succeed — in 60 seconds or less.Related: 'Elevator Pitch' Meltdown: Watch the Moment That Broke This Entrepreneur's…
How an Ice Cream Truck Turned Into a Frozen Treat Empire
Van Leeuwen Ice Cream was born from an ice cream truck in New York City and has rapidly transformed from a humble truck into a household name based on its principles of using simple and high-quality ingredients. In this episode, co-founder and CEO Ben Van Leeuwen talked about his journey,…
How to Decide If It’s Time to Quit or Double Down on Your Business
Hi, I'm Dima, the bootstrapped solo founder of PitchBob — a tool designed to help aspiring entrepreneurs bring their ideas to life.I want to start with a disclaimer: My entrepreneurial journey isn't my first. I've had significant experience building businesses in the past, and my choices with PitchBob are deliberate.…
John’s Crazy Socks Hits Sales Milestone, World’s Largest Sock Co
John Cronin, a 28-year-old entrepreneur with Down Syndrome, started John's Crazy Socks in 2016. The Farmingdale, New York-based company now sells more than 4,000 different types of socks and has hit a major milestone: over two million orders fulfilled, per a report published Wednesday by the New York Post.The socks…
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Creative Ways Startups Can Earn Funding in Tough Economic Times
In a declining economy, startups face an uphill battle when it comes to securing funding.…
I Asked AI to Create a Plan for a Fake Company — The Results Blew Me Away, But Not in the Way You Might Think
With all of the recent news about artificial intelligence (AI), it got me thinking about…
Ideas To Transform You From Good To Better To Best
A while back, I took a couple of my grandchildren on a tour of the…
5 Crucial Challenges Startups Must Overcome
Startups face numerous challenges on their journey to success, and failing to overcome any one…