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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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How Solopreneurs Are Scaling Past Six Figures (Without a Team)
Solopreneurship used to be seen as a fallback, or something you turned to after a layoff, in between jobs or when the corporate 9-5 grind left you burned out. Or perhaps it was a side hustle to supplement your income.Either way, it was often thought of as a stepping stone…
Future Family’s Founder Talks IVF Insurance, Baby Guarantee
Claire Tomkins holds a PhD in applied economics and finance from Stanford University and built a career in consumer finance before she "caught the entrepreneurial bug." The catalyst for founding her own company? A personal life experience shared by many Americans: undergoing in vitro fertilization, or IVF.Image Credit: Gina Risso.…
Her Creative Side Hustle Hit $250k Fast, Now Earns Millions
It's the era of the side hustle, and if you've ever considered starting one to earn some extra cash outside of your 9-5, you're in good company. These days, more than one-third of U.S. adults have side hustles, and their supplemental gigs make an average of $891 a month, according…
Barbara Corcoran: Businesses Need These 2 Types of People
Real estate entrepreneur and investor Barbara Corcoran says there are only two kinds of people at work: expanders and containers."And you're going to need both if you're planning to build a big business," Corcoran recently told her Instagram followers.The longtime "Shark Tank" star pioneered the "expander" and "container" practice in…
How UJAM Became a Music Creation Powerhouse
Originally founded in 2009 with Pharrell Williams, Hans Zimmer, and VC investors, UJAM has become the owner-operated go-to creative platform for musicians. "Our customers are a global audience of musicians, composers, and producers — from teenagers in their bedrooms to accomplished professionals in multi-million dollar studios," says CEO and co-founder…
What to Know Before Using a Personal Loan for Your Business
Using a personal loan for your business might seem like a quick fix to get the money you need. As a business owner, you want to make sure your company has enough funds to grow and succeed. But you need to know the risks of mixing personal and business finances.Many…
54-Year-Old’s Juicy Side Hustle Makes Up to $50,000 Monthly
This Side Hustle Spotlight Q&A features Shannon Houchin, 54, of Fort Worth, Texas. Houchin and her son Finn Canard, 22, own and operate Roadside Republic, a seven-figure business selling peaches on the side of the road. Responses have been edited for length and clarity. Image Credit: Courtesy of Roadside Republic.…
Ooni Pizza Oven: From Backyard Side Hustle to $200 Million
Like many successful entrepreneurs, Ooni founder Kristian Tapaninaho's light bulb moment came when he couldn't find the product he was looking for on the market. It was around 2010, and Tapaninaho and his wife and co-CEO Darina Garland had recently gotten married and were living in London.Image credit: Jukka SalminenTapaninaho…
Cheap Trick’s Rick Nielsen Distills the Success of ROCK’N Vodka
Ask 10 entrepreneurs why they decided to start their own thing, and you'll get 10 different answers. For Andy Roiniotis, it came down to this: "I got tired of building other people's brands," he told Entrepreneur. In 2019, the Illinois-based entrepreneur fulfilled a dream when he and his wife Isabelle's Bella…
Top 10 Mentors Shaping Today’s Entrepreneurs
In my journey as a venture investor and CEO, I've built, acquired and sold multiple businesses. While many decisions were made independently, the opportunity to collaborate with mentors has been invaluable. Engaging with CEO coaching and mentors I've found through venture investment communities has profoundly impacted my growth.The reality is…
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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…