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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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I Was a Founder Before I Became an Investor — Here’s How It Shaped My Investment Strategy
Before becoming an investor at Bread, I was a startup founder. I know what it's like to stand before a room full of people, palms sweating, asking them to believe in me. I also know the relentless effort it takes to prove, time and again, that their faith — and…
Is Your Business Idea Worth Pursuing? Use These 3 Tips to Know
So, you have come up with what you believe is a great idea. You are convinced that there is a problem and you have a solution that customers are going to love. Now, you just need to raise some money to make it a reality. Sound familiar?For the past 17…
5 Things Entrepreneurs Should Know Before Investing in Drones
The drone industry is buzzing with opportunity — but with all this potential comes a lot of pitfalls. Entrepreneurs are jumping into the drone market thinking they're going to take flight, only to find themselves grounded by mistakes they never saw coming.So, what are these missteps? And more importantly, how…
4 Ways to Prepare for Venture Capital Funding
For many high-tech startups, raising venture capital is one of the earliest obstacles to overcome on the journey from idea to unicorn. Especially in a technology sector where AI is making it simpler each day to launch products, getting funding is one of a handful of ways entrepreneurs can still…
I Wasted So Much Time By Not Doing These 4 Things When I Started My Business
Starting a business in college sounds simple, even glamorous, doesn't it? The freedom to experiment, the optimism of youth and the abundance of resources at your fingertips. But in reality, there's an overwhelming flood of conflicting advice on how to spend your time and prioritize tasks when you're just starting…
How Entrepreneurs Can Cash in on the E-Waste Crisis
Technology's boom has led to a complex, interconnected global supply chain for electronic products. Each device involves a network of raw material suppliers, manufacturers and logistics companies working in tandem across borders. However, this globalized production model has also exacerbated a pressing environmental issue — the management and disposal of…
Sisters’ Side Hustle Earns $45M+ After a ‘Light Bulb Moment’
This Side Hustle Spotlight Q&A features Lauren Stephens and Kaki McGrath. With their mother, Bonnie Dudley, Stephens and McGrath co-founded the "high-performance, eco-friendly, elevated everyday-wear" brand Dudley Stephens in 2015. The digitally native brand has sold over 445,000 products to over 330,000 customers, resulting in more than $45 million in…
How Tech Innovation Helps You Stay Ahead of the Competition
In today's competitive business landscape, there seems to be a ready-made solution for everything. While off-the-shelf technology can offer practicality and convenience, relying solely on these tools often leads to a product or service that lacks distinction.Staying ahead of the competition is about more than simply adopting the latest tech…
She Started an 8-Figure Business After Near-Death Experience
"I always wanted to make a difference," Emily Hikade, founder and CEO of luxury sleepwear and home company Petite Plume, tells Entrepreneur. "I wanted to make a change. I wanted to do something that meant something."Image Credit: Courtesy of Petite Plume. Emily Hikade.Growing up in Central Wisconsin, Hikade was curious…
Mom’s Side Hustle Started With Facebook, Earns $1M+ a Year
This Side Hustle Spotlight Q&A features Karen Frederick, 43, founder of Kole Jax Designs, an online brand selling personalized jewelry and accessories. Responses have been edited for length and clarity.Image Credit: Courtesy of Kole Jax Designs. Karen Frederick. What was your day job or primary occupation when you started your…
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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…