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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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‘Hire Fast and Fire Faster’ Is Terrible Advice — Here’s What You Should Do Instead
Conventional wisdom is often wrong. An apple a day will not keep the doctor away. (You definitely still need to go to the doctor, no matter how many apples you eat.) You don't need to wait 30 minutes after a meal to swim. And you should not hire fast and…
Why I Apply Mike Tyson’s Mindset to My Business Strategy
Everyone knows who Mike Tyson is. After all, he is a boxing legend. His mindset of determination, mental stamina and adaptability is a blueprint for business success as well as boxing. That's why I've adopted his principles for my business.Understanding how to use the same discipline, focus and resilience as…
From Side Gig to 6-Figure Success — How I Built a Thriving Home-Based Business as a Busy Family Man
On a warm July day in 2014, I received a Facebook message from a former classmate. She asked me whether I'd be interested in translating for a local website she was working at. I didn't think too much of it at the time, but I gladly accepted, eager to earn…
Taskrabbit Side Hustle Earns Over $70k a Month: How to Start
Want to start a side hustle? More than half (54%) of Americans already have one, according to research from MarketWatch, but choosing one out of so many options can be overwhelming.To keep it simple, plenty of side hustlers capitalize on skills they already have: cleaning, furniture assembly, TV mounting and…
How to Build a Lasting Career in the Creator Economy
Is content creation becoming the new 9-to-5? It sure seems that way. We've gone from kids dreaming of becoming astronauts to aspiring YouTubers — and as much as I love life as a full-time internet pro, staying in this game has meant learning to operate like a business. Because here's…
Redefining Entrepreneurship Through Acquisition | Entrepreneur
For this episode of The Founder CEO, I spoke with Charles Lelon, CEO of investment firm Kamylon.Lelon's early years were far from the typical entrepreneur's origin story. The son of educators, Lelon had no initial interest in business or finance. His passion lay in writing and medicine—fields he saw as…
This Couple’s Side Hustle Made $1 Million a Month Last Year
This Side Hustle Spotlight Q&A features Los Angeles-based husband and wife Joe Denim and Rachel Connors, who co-founded Yellow Leaf Hammocks in 2011.The couple bootstrapped their venture while selling hammocks out of the back of their Volkswagen and balancing day jobs. Yellow Leaf Hammocks made $1 million a month last…
He Used His Severance to Launch a Business in 90 Days
In this ongoing series, we are sharing advice, tips and insights from real entrepreneurs who are out there doing business battle on a daily basis. (Answers have been edited and condensed for clarity.)Please give us the elevator pitch of your business.I am Corry Banks, founder and operator of Modbap Modular,…
I Was Fired From My Bank Job Then Started a Multimillion-Dollar Company
If you've ever been fired from a job, then you know it can be a personally deflating experience. It happened once to me but I became determined to turn the negativity into a positive opportunity for myself and my professional future.For me, it happened back in 1999. It was another…
Starting My First Business at 11 Taught Me These 4 Lifelong Business Lessons
When I was 11, I lived with my grandma in Orange County, California. We had basic food and supplies — but not much extra. I wanted stickers for my skateboard binder but couldn't afford them.So, I asked my grandma for sticker paper, and she said yes. She knew I needed…
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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…