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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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26-Year-Old’s Taskrabbit Side Hustle Can Earn $500 in Hours
This Side Hustle Spotlight Q&A features 26-year-old Emely Cepeda, a Boston-based dental student who earns extra money with the online marketplace Taskrabbit. Responses have been edited for length and clarity. Image Credit: Courtesy of Emely CepedaWhat was your day job or primary occupation when you started your side hustle?I started…
Launching a New Tech Product? Take These Steps to Ensure It Succeeds.
Every year, thousands of new tech products are vying for consumers' and businesses' attention. Only 5% of them manage to launch successfully and attract loyal, long-term clients with a chance of becoming household brand names.Having an effective launch strategy, including a minimum viable product, can make the difference between a…
5 Successful Podcasters Share the ‘Golden Advice’ That’s Making Them Money in a Crowded Industry
Anyone who knows me well will tell you that I could talk endlessly about hotels, travel and real estate. So when Hospitality FM invited me to create an original podcast focused on exactly that, I jumped at the chance. It wasn't until after I said yes that the enormity of…
Are You Ready to Write Your Own Book? Here’s How to Know
Nearly every entrepreneur I know has already published a book, is currently writing one or is considering writing one.Before I published two books, I thought writing a book would be easy. I write fast, so I figured I'd just "bang something out" within a couple of months. Publishing two books…
How to Transform Your Idea into an Empire in 5 Steps
Every entrepreneur's journey is unique — there's no one-size-fits-all path to success. There is, however, a proven sequence of steps that can turn your idea into a thriving business. I've seen this process unfold firsthand, launching my first business at age 14, and currently as an angel investor advising numerous…
Her ‘Fun’ Side Hustle Became a Multimillion-Dollar Business
This Side Hustle Spotlight Q&A features Melissa Tavss, founder and CEO of boozy ice cream business Tipsy Scoop. The company has three brick-and-mortar barlours in New York, ships nationwide through Goldbelly and is expanding nationwide with franchising this year. Responses have been edited for length and clarity.Image Credit: Courtesy of…
How to Find a Loyal Fanbase For Long-Lasting Business Success
How do you build a community of loyal customers? It's a question that likely haunts entrepreneurs and marketing managers. Here's the truth: It's easier than you think.I grew a sports trading card YouTube channel to over 11,500 subscribers right in my college dorm room. Each morning, I would go live…
Entrepreneurial Lessons from Jacob’s Pickles Founder
This week on How Success Happens, I talked with Jacob Hadjigeorgis, founder and co-owner of the southern comfort food restaurant Jacob's Pickles. Hadjigeorgis got real with me about how this pickle-infused restaurant concept came to be, the brand's expansion from New York to Connecticut and the satellite fast-casual location it…
How To Buy A Semi-Absentee Franchise While Working A Full-Time Corporate Job
Economic uncertainty has led many individuals to seek new opportunities. A recent study found that interest in franchising has increased by 30% in the past year due to layoffs and job insecurity. With 40% of workers expressing concern about job stability, people are exploring franchising as a path to financial…
How a Family Recipe Sparked a Thriving Pet Nutrition Business
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'm Sue Delegan, co-founder and CEO of Brutus Bone Broth,…
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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…