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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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7 Questions Every Founder Should Ask Potential Investors
When I've pitched investors in the past, I prepare for the questions they'll likely ask me, from market opportunity and size to financial metrics and timeline. From my own experiences and having consulted for multiple founders, I've learned that it's just as important to interview your investors as it is…
How Immigrating From Argentina to the Bronx at 11 Prepared Her For Life as a Franchisee
Vanesa Ellis had no pest control experience. She'd also been out of the workforce for 15 years, having left a job at Wells Fargo to raise her kids. Then she opened a Mosquito Squad franchise in 2016, and it's thrived ever since. How'd she make the transition so easily? Because,…
Crayola Launches Crayola Flowers Online Florist Business
Those flower bouquets you drew as a kid can finally jump off the page, thanks to Crayola's latest endeavor.On Tuesday, the art supply brand launched an online florist called Crayola Flowers in partnership with Mrs. Bloom's, a flower distributor, per CNN. The two companies will sell bouquets nationwide, with prices…
This Startup Is Reinventing the Yellow School Bus. Here’s Its Playbook for Winning Over the Hardest Customers (Like Public Schools).
How do you drive a big yellow school bus with 70 kids goofing around in the back every day? "You just gotta tune out the noise," shrugs Marllury Urbina, who's been doing it in and around San Francisco for 22 years.She's always loved the job, but it's come with stress.…
The Rise and Impact of Independent Contractors in 2023
This story originally appeared on Readwrite.com The seismic shift in the global workforce towards the inclusion of independent contractors has marked the dawn of a new era in employment trends. The democratization of work, propelled by technological advancements, legislative changes, and evolving worker preferences, has paved the way for this…
12 Reasons You Need a Business Plan
Running a business can be unpredictable, which is why having a solid business plan as a foundation is vital to surviving and thriving in the early days of your startup. Eric Butow, CEO of online marketing ROI improvement firm Butow Communications Group, has teamed up with Entrepreneur Media to write…
Chris Hemsworth Used to Bomb Auditions. Then This Mindset Shift Made Him a Movie Star, and the Founder of a $200 Million Startup.
Great movies always have a scene that screenwriters call "The Dark Night of the Soul." It's that spot where the hero questions not just what they're doing, but why they're doing it. Why they're doing anything. It resonates because we've all had our own dark nights.Chris Hemsworth had one about…
4 Strategies for Crafting a Business Plan That Attracts Investors
According to data from Teten Advisors, the median investor in private companies reviews over 80 opportunities in order to make a single investment. As someone who has been working in private equity and investing for over three decades, I can confirm that this number sounds about in line with my…
Retired Couple Shares Side Hustle That Brings in Thousands a Month
Say you're retired, living in a "little tiny" agricultural town with a population of 800 people, caring full-time for your spouse who recently suffered debilitating strokes — and you'd like to make $80,000 more dollars a year. As it happens, that would make you a lot like Patricia Farris, who…
55 Small Business Ideas to Start in 2023
Many Americans dream of starting their own businesses. Indeed, running your own enterprise from your home, your garage, or from an office means you've achieved total control over your professional destiny. It's no wonder lots of people save up cash and spend their days dreaming about new businesses to build.But…
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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…