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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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Is Franchising a Good Side Hustle? It Depends on These Things
In a professional landscape that places increasing value on gig work and side hustles, it's important to make sure that we are evaluating new ventures carefully before diving in. After all, there are only so many hours in a day, and entrepreneurs in particular must ensure their time is allocated…
26-Year-Old’s Side Hustle Hit $170k a Month — and I Tried It
Up until 2021, Stephen Alvarez, now 26, worked at a dental supply company and fueled his passion for cars in his spare time; he owned a couple of vehicles and drove for Uber to supplement his income. However, another lucrative side hustle caught his eye in 2018 — Turo, the…
Watch the Pitch That Landed $10K in 60 Seconds
This episode of Entrepreneur Elevator Pitch may be about child-centric products, but no one is kidding around when it comes to cash. Contestants came ready with serious pitches — and serious funding requests. Will anyone score the hundreds of thousands they're seeking to grow their business?There are many factors at…
Leadership ‘Secret Sauce’ Leads to Longevity, $850M Revenue
Peter Latta, the 67-year-old CEO and third-generation owner of West Chester, Pennsylvania-based transportation and logistics provider A. Duie Pyle, was just 12 years old when he first tried his hand at the family business."That very first day, the shop leader asked me to fuel up the truck that was by…
Why New Entrepreneurs Should Embrace the Hustle Before Seeking Work-Life Balance
There's a lot of talk in the entrepreneurship space about work-life balance and the value of protecting your personal time to avoid burning out — for good reason!Despite that narrative, I also believe there's value in going all-in on your business in the early stages of growth. Think of it…
From Anticipated Failure to Unforeseen Success — 5 Turning Points in My Entrepreneurial Journey
When my two co-founders and I started a video production company 10 years ago, I honestly didn't believe we were going to succeed. I had tried to start a few entrepreneurial ventures already, and deep down, I thought this one would end the way the others had. I assumed we'd…
This 27-Year-Old’s Side Hustle Now Earns Over $500k a Month
This Side Hustle Spotlight Q&A features 27-year-old Valentina Zapata, a Las Vegas-based entrepreneur behind The Shoe Game Co. Zapata's side hustle turned full-time gig reselling sneakers sees more than $500,000 revenue a month. Responses have been edited for length and clarity.What was your day job (or other sources of income)…
The One Secret Ingredient That Turned This Chocolate Bar Into a Success
After college, Jake Karls thought he wanted to be an investment banker. But he never got past the first job interview. Saddled by learning disabilities and a lack of enthusiasm for corporate work, the Canadian was forced to move back into his parents' house."I could not find a job, so…
Grant and Loan Options for Disabled Entrepreneurs
Are you an entrepreneur with a disability? According to the CDC, the term disability refers to any physical or mental impairment that makes it harder for a person to participate in certain activities or interact with the surrounding world. This includes many physical and mental conditions. If you're looking to…
How to Open a Restaurant Step By Step
Starting and opening a new restaurant is an exciting venture that can be both a rewarding and challenging experience. It takes work, however. Opening a successful restaurant requires a strong business plan, an understanding of the local market, an eye for the right location and staff, permits and business licenses,…
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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…