Nobody plans to fail — especially not small business owners. But many don’t plan well enough to succeed, either. And unfortunately, there’s no shortage of reasons why small businesses fail that you can fall victim to. According to the Bureau of Labor Statistics, about 20 percent of new businesses fail in their first two years. […]
It’s not easy launching a startup. What, with overcoming obstacles like finding your niche, getting your finances in order, and working with partners. Oh yeah. You also have to worry about building your brand, marketing, and recruiting and retaining top talent. That’s a lot for anyone to take on. But, one area that tends to […]
It happens every year as the weather gets warmer — employee productivity comes to a screeching halt. Employee productivity taking a slight dive at the beginning of summer isn’t breaking news. Business owners have noticed this trend for years. It’s said that when agencies in New York realized that employee productivity decreased in the summer, […]
One of my cousins recently reached out to me for advice. He wants to start his own photography business. For the time being, it has to be a side hustle until the business takes off on its own. So far, so good, I told him. Here is what to do when you don’t have a […]
Tech companies have long used office perks like flexible time, lavish catering, and on-site massage therapy to attract top talent. One of the latest new-age benefits? Office pets. From Nestle Purina to Uber, more pups are showing up in offices. Amazon is particularly famous for its pet friendliness, boasting an on-campus dog park, complimentary poop […]
There’s a mental health crisis among entrepreneurs. And, that shouldn’t be all that surprising. Being an entrepreneur is stressful, full of uncertainty, unhealthy comparisons, and social isolation. So few are using mental health hacks that research conducted by Michael A. Freeman has found that start-up founders are: Twice as likely to suffer from depression. Six […]
Considering that it’s completely taken the world by storm, artificial intelligence is now a dominant feature of all business software. It’s prompted the Fourth Industrial Revolution that it’s expected to become a $60 billion market by 2025. How can AI be of assistance to entrepreneurs and startups? AI can boost productivity by a solid 40 […]
Communication is a skill that all successful leaders need to acquire and maintain — not just in business, but also life. Having the ability to speak in a calm, concise, and clear manner will help your team be able to do likewise. Sharing your vision, goals, and expectations is only one piece of the puzzle. […]
There’s no way to sugarcoat this; starting a business is no easy task. You wear multiple hats; you’re continually building clients, don’t forget networking. If you’ve built many businesses, as an entrepreneur — you understand the very real possibility of failure. But how do you determine whether working with a friend is a good idea? […]
At some point, even the most passionate and hardworking entrepreneur gets pulled away from their business. Maybe it’s because they’re taking a much-needed vacation. Or they’re traveling for work to attend a conference or meet with some important. Regardless of the reason why you’re out of town, this can be extremely stressful. On one hand, […]
