Business Models

Your Guide to Gaining a Competitive Edge and Succeeding as an Entrepreneur Over the Next 5 Years

Business Models 8 Min Read

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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Business Models 1 Min Read

Her ‘Shark Tank’-Inspired Side Hustle Brings in $100k Per Year

In 2020, Stephanie Jackson and her husband were expecting their second child when the pandemic struck, halting travel and miring her job as the director of study abroad at the Savannah College of Art & Design in "lots of uncertainty."With the financial reality of putting two kids into daycare fast

Business Models 7 Min Read

4 Strategies to Growth in a Tough Sales Economy

A global economic downturn might be cooling a once blockbuster funding environment for startups, but don't let the gloomy headlines dent your growth ambitions. Technology advancements are reigniting investment activity and creating new opportunities for scrappy founders that can take advantage.The commercialization of large language models like ChatGPT is driving

Business Models 8 Min Read

How Sales Farming Can Bring New Life to Dead Leads

In the fast-paced business world, there is no asset more valuable than leads, as they are the key drivers of growth and profitability. As is often the case, many leads within your CRM may become inactive and be classified as 'dead' due to their lack of recent engagement or conversion.

Business Models 8 Min Read

3 Key Methods of Boosting Franchise Operation Sales

The old saying goes, "Sales cures all," and that may be right, but how exactly does a savvy businessperson intending to grow a franchise go about boosting their sales numbers?My inbox and social feeds are filled with "helpful" pitches by marketing professionals — digital marketing, PR companies, lead generators, funnels,

Business Models 7 Min Read

How You Should Dedicate Your Early 20s to be a Successful Entrepreneur

If you are aspiring to become an entrepreneur, your early 20s are the perfect time to get started.By spending this important time in your life getting the right qualifications, building great personal qualities, and expanding your professional connections – you'll be thanking yourself down the road.Acquiring a higher education qualificationYour

Business Models 8 Min Read

Remote or In-Person? Why Building the Best Team Matters More Than Location

There's a heated debate amongst companies and business leaders worldwide, with the topic passionately discussed on the news and social media: what's best, remote or in-person work? Those in favor of remote work tout the benefits, while those in favor of in-person say it fuels a stronger culture and better

Business Models 9 Min Read

4 Ways to Understand the Rise and Fall of DTC Brands

Just a few years ago, direct-to-consumer (DTC) brands were the new kids on the retail block. Agile, innovative and hungry for success, they leveraged digital channels to target niche audiences, ultimately disrupting how we shop.Fast forward to today, and the landscape has changed dramatically. While some DTC brands have soared,

Business Models 8 Min Read

Unlocking the “4 C’s” of Breakthrough Remote Success

Remote work is the future in today's digital age, and it is becoming increasingly apparent that this includes sales teams. Traditional sales techniques, which were once conducted in high-rises or at business meals, have shifted to virtual platforms, creating new opportunities and challenges.Certain factors are game-changers during the transition to

Business Models 2 Min Read

‘Elevator Pitch’: What Do Hip-Hop, Underwear, and AI Have in Common?

If there's one sentence uttered the most in the Entrepreneur Elevator Pitch lobby, it is this: "I should have practiced more."And this episode is no exception. As one entrepreneur learns, giving your pitch in the comfort of your own home is a lot different than doing it with a camera

Business Models 7 Min Read

How to Deal With an Upset (or Angry) Customer

Here's the bad news: an angry customer is breathing down your neck or tearing you up over the phone, shooting daggers at you via e-mail. Worst case, they're threatening you with the words every business owner dreads, "I'll never use you again, and I'm telling everyone I know not to

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