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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 to Start a $6.5 Billion Business At 21 Years Old: Reddit
Reddit grew for nearly two decades before going public in March at around a $6.5 billion valuation. Though the social media forum site now boasts 91 million daily active users, its success was not a certainty. In fact, Reddit's co-founders were rejected by startup accelerator Y Combinator at the start…
Home-Based Side Hustle Earning $20K a Month Is Still Growing
This Side Hustle Spotlight Q&A features LeAnn Darland, 38, of Williamsburg, Brooklyn and Tara Hankinson, 37, of Bronxville, NY. Darland worked in finance operations at Google and Hankinson in customer experience strategy for The New York Times when they started the homebrewing side hustle that would become TALEA Beer Co.…
This College Dropout Turned Her Side Hustle Into a Startup That’s Raised $7 Million
Ever since ChatGPT came on the scene, people have been eulogizing certain lines of work.Audrey Wisch had plenty of reason to be freaked out by these predictions. Her side hustle, which she'd dropped out of college to grow into a startup, was bemoaned as one of those "soon to be…
26-Year-Old’s Taskrabbit Side Hustle Can Earn $500 in Hours
This Side Hustle Spotlight Q&A features 26-year-old Emely Cepeda, a Boston-based dental student who earns extra money with the online marketplace Taskrabbit. Responses have been edited for length and clarity. Image Credit: Courtesy of Emely CepedaWhat was your day job or primary occupation when you started your side hustle?I started…
Launching a New Tech Product? Take These Steps to Ensure It Succeeds.
Every year, thousands of new tech products are vying for consumers' and businesses' attention. Only 5% of them manage to launch successfully and attract loyal, long-term clients with a chance of becoming household brand names.Having an effective launch strategy, including a minimum viable product, can make the difference between a…
5 Successful Podcasters Share the ‘Golden Advice’ That’s Making Them Money in a Crowded Industry
Anyone who knows me well will tell you that I could talk endlessly about hotels, travel and real estate. So when Hospitality FM invited me to create an original podcast focused on exactly that, I jumped at the chance. It wasn't until after I said yes that the enormity of…
Are You Ready to Write Your Own Book? Here’s How to Know
Nearly every entrepreneur I know has already published a book, is currently writing one or is considering writing one.Before I published two books, I thought writing a book would be easy. I write fast, so I figured I'd just "bang something out" within a couple of months. Publishing two books…
How to Transform Your Idea into an Empire in 5 Steps
Every entrepreneur's journey is unique — there's no one-size-fits-all path to success. There is, however, a proven sequence of steps that can turn your idea into a thriving business. I've seen this process unfold firsthand, launching my first business at age 14, and currently as an angel investor advising numerous…
Her ‘Fun’ Side Hustle Became a Multimillion-Dollar Business
This Side Hustle Spotlight Q&A features Melissa Tavss, founder and CEO of boozy ice cream business Tipsy Scoop. The company has three brick-and-mortar barlours in New York, ships nationwide through Goldbelly and is expanding nationwide with franchising this year. Responses have been edited for length and clarity.Image Credit: Courtesy of…
How to Find a Loyal Fanbase For Long-Lasting Business Success
How do you build a community of loyal customers? It's a question that likely haunts entrepreneurs and marketing managers. Here's the truth: It's easier than you think.I grew a sports trading card YouTube channel to over 11,500 subscribers right in my college dorm room. Each morning, I would go live…
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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…