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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 Won’t Have a Strong Budget Until You Follow These 5 Tips
Just the mention of budgeting can conjure up thoughts of scarcity and cutting out fun, enough to have even the most seasoned entrepreneurs shaking in their boots. But it's time to reframe how you think about budgeting for your business.Your financial numbers represent the reality of your company's performance, regardless…
Why Are New Business Applications at All-Time High?
More people are starting businesses now than ever before — and the reason could be that the opportunity cost, or what they have to give up in exchange for entrepreneurship, is lower than ever.Data that the U.S. Census Bureau released earlier this month shows that the total number of applications…
She Left Her Finance Job for a $76,000 Remote Side Hustle
This Side Hustle Spotlight Q&A features Ruta Drungilaite, founder of A Twist of Date, a business that helps couples plan date nights with its digital offerings — cold case files, conversation starter cards, romantic board games and more.Image Credit: Courtesy of A Twist of Date. Ruta Drungilaite. What was your…
87 Service Businesses to Start Today
For decades, the U.S. economy has seen steady growth in businesses that don't sell goods but services, anything from cybersecurity to lawn care to event planning. These businesses can cater to individuals — personal service businesses may target homeowners, tourists and families — or businesses that hire consultants, advisors and…
How to Start an Event Planning Business (Step-by-Step Guide)
Some people have a special ability to plan parties — whether they be weddings, large corporate events or smaller gatherings. If you have a knack for tackling complex problems and making big days run smoothly, you might have a future as a professional event planner. Whether you choose to work…
Kickstarter Is Making Big Changes to Its Service. What’s New
Since its launch in 2009, Kickstarter has been a place to fund your next business idea.On Tuesday, the company announced that it is opening up the service and offering new features, including an in-house marketing team to help users maximize the money they raise, and an option to keep the…
Brothers Start Side Hustle, Build Business With $50M Revenue
This Side Hustle Spotlight Q&A features Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation. At 22, Lewkowict launched Black Wolf Nation with his brother Alex Lewkowict; the business has since grown to achieve more than $50 million in revenue and establish a major retail presence in…
3 Essential Technologies to Power Up Your Small Business
My uncle tirelessly grew his family business through long nights and early mornings. Back then, nearly everything was done manually, which meant businesses needed to be incredibly resourceful and efficient to become successful. Today, not much has changed for small businesses on that front. We're fortunate enough to have a…
Do You Have to Tell Your Employer About Your Side Hustle?
Plenty of Americans are picking up side hustles to earn some extra cash. Thirty-three percent of people say they need their side hustle to keep up with regular living expenses, while 27% say it helps fund discretionary spending, according to a Bankrate survey. A side hustle, by its very definition,…
How to Break Free From the Corporate Grind to Pursue Your Passion
With prolonged high interest rates and lingering inflation, studies show that up to 40% of individuals currently operate a side hustle, with another 17% planning on doing so. With an increase in professionals entering the market, leading to saturation, more businesses are likely to super-niche themselves due to high market…
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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…