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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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You Don’t Need Thousands to Turn Your Business Idea Into Reality — Here’s How I Did It on a College-Kid Budget
My entrepreneurial journey started when I received a bracelet-making kit and began to sell the jewelry during my elementary school days. By middle school, I had moved on to my second business: creating custom lip balms. I even set up an Etsy shop to sell them. This was a great…
Retirees Earn Billions With 4 Side Hustles: ‘No Age Limit’
Many retirees see their golden years as an opportunity to start a new chapter. In fact, most retired Americans (60%) plan to or already have done a "retirement reinvention," according to a recent poll commissioned by IHG Hotels & Resorts and conducted by Talker Research.Their retiree lifestyles might involve more…
His Wife’s Pregnancy Sparked a Crafty Side Hustle — 18 Months Later, He Hit $1M in Sales
Greg Kerr will be the first to tell you he doesn't have a business degree. But when he was a college art student in an indie pop band, he was already developing skills he'd use to build his side hustle — two decades later. Now that business is making almost…
3 Steps You Can’t Miss When Growing Your Business
When you grow a plant from seed, you can't afford to miss a step. You must plant it at the correct depth, in proper soil, and give it the right amount of water and sun. Do everything right, and it will grow and flourish. Fail, and it will as well.Your…
43-Year-Old’s Farmer’s Market Side Hustle Is Worth 8 Figures
This Side Hustle Spotlight Q&A features Hannah Barnstable, CEO and co-founder of Seven Sundays, a certified B Corp nutritionally dense cereal brand available nationwide. Seven Sundays is an eight-figure brand that's more than doubled its growth for three consecutive years, expanding into 2,000 new stores, including Costco and Sam's Club.…
Why Starting a Side Hustle Should Come With a Warning Label
More than a third (36%) of adults have a side hustle — and 32% of them believe they'll always need them to make ends meet, according to a Bankrate survey.Although side hustles can be an effective, flexible way to earn some extra cash, starting and running them successfully isn't always…
How Saying ‘Yes’ to Every Opportunity Helped My Startup Make $1 Million in the First Year
Early entrepreneurs are advised to say "no" if they want to be successful. But if I had taken this advice early in my career, I'd be a network engineer sitting in a chilled 50ºF server room instead of running my own business.I can understand where this advice comes from. Distraction…
How Viewing Your Business as a Temporary Project Could Boost Your Success
In entrepreneurship, I suggest a shift in mindset from the traditional narrative of perseverance and struggle to a more pragmatic approach. Entrepreneurs often glorify their ability to endure challenges and overcome obstacles, but I believe that entrepreneurship should be viewed more like project management.In this view, business endeavors are temporary,…
This 52-Year-Old’s Side Hustle Makes Up to $30,000 a Season
This Side Hustle Spotlight Q&A features 52-year-old Shawn O'Connell. O'Connell is based in the Bay Area and rents out his classic Mustangs with DRIVESHARE. Responses have been edited for length and clarity. Image Credit: Courtesy of Shawn O'ConnellWhat was your day job or primary occupation when you started your side…
How This Former Marine Is Revolutionizing Healthy Snacks
In his current role as the CEO of the healthy snack food company Rivalz and during his previous military career, Peter Barrick has always been drawn to applying his skills and talents to achieve the greater good. After graduating from UC Davis, I had a calling to serve our country,"…
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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…