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…
Among the many challenges related to managing a small business, hiring a quality team of employees is one of the most important. Done correctly, it will pay you back in peace of mind, confidence in your team and fewer barriers to profits.I'm sure you've heard it before: People can make…
For most farmers, it's "damn near impossible" to make a living on the land, according to Matt Graham. His family has owned a 700-acre farm in Eagleville, Missouri, since 1886, but today he describes their small cattle and crop operation as a "full-time hobby."Graham says making a living from farming…
Congratulations, you've decided to build generational wealth by acquiring your first franchise business. In most categories, such as food service, retail, or medical services, you have more than one option for investing in a franchise. It's a lot easier to leave a bad job than the wrong franchise or a…
Entrepreneur Ventures is an early-stage venture capital firm partnered with Entrepreneur Media that is dedicated to backing passionate and innovative founders as early as day one. In this series, we are profiling the amazing entrepreneurs that Entrepreneur Ventures is working with to share their insights on building and growing a…
The business school I attended had no classes on franchising and, 20 years later, still doesn't. Entrepreneurship classes, yes. Finance, of course. Real estate, yes. But nothing about franchising. There were a few case studies about franchising sprinkled through marketing courses, but that was it.It's a big miss. Franchising represents…
Stefan Gehrig's side hustle was doing well — and that became a dilemma.The Melbourne, Australia-based entrepreneur had started a gym bag brand called Knkg, also known as King Kong Apparel, in 2011. It began as a side hustle that scratched an entrepreneurial itch untouched by his academic day job, then…
This Side Hustle Spotlight Q&A features Alchemy Merch owner Greg Kerr, who was working as a musician when he started selling custom pins in 2015. Today, Alchemy Merch is a full-time business that creates custom products for companies including Apple, Nickelodeon, National Geographic, Nike and more, as well as independent…
Today, you'll be hard-pressed to find someone who hasn't — at the very least — played with the idea of launching an ecommerce business. The U.S. is the global leader with an estimated 14 million ecommerce sites, and that number will only keep going up as selling online continues to…
I'm 47 years old. I still feel like I'm 21, but I now "enjoy" a host of aches and pains that have no discernible cause. I'm also moving towards needing reading glasses. And yet, for the first time in my life yesterday, I strapped on a snowboard and tried something…
One of the biggest struggles for a small business is to stand out from the competition, especially from big corporations. If you are wondering what it takes to elevate your small business and make it bigger and better, then you need to check out what Angela Vranich and Ben Lewis…
In a declining economy, startups face an uphill battle when it comes to securing funding.…
With all of the recent news about artificial intelligence (AI), it got me thinking about…
A while back, I took a couple of my grandchildren on a tour of the…
Startups face numerous challenges on their journey to success, and failing to overcome any one…
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