January 19, 2021

Can You Run a Successful Business with No Experience?

Some of the most successful entrepreneurs — the ones running multi billion-dollar corporations — have their experience to thank for their success, at least in part. In fact, most “successful” entrepreneurs have failed at least once in previous business endeavors. It’s not surprising. Spending time as the leader of a business will introduce you to a host of new ideas, skills and […]
January 12, 2021

How to Cultivate Humility as an Entrepreneur (and Why You Should)

There are many traits that define successful entrepreneurs (and successful leaders in general). They’re confident. They’re decisive. They’re calm under pressure. But there’s an underrated quality that may be even more important: humility. Learning to cultivate humility within yourself, and possibly within your team members, can help you lead more efficiently and see the world in a different way. The […]
January 4, 2021

The True Failure Rate of Small Businesses

Have you heard that 90 percent of new businesses fail? Or that 50 percent of new businesses fail? Stick around in the entrepreneurial community long enough and you’ll likely hear a wide spectrum of claims, mostly falling between these two extremes. But what is the true failure rate of small businesses? And should it influence your decisions as an entrepreneur? […]
December 29, 2020

How to Help a Business Thrive During an Economic Recession

Most entrepreneurs at least partially depend on the state of the economy for their businesses to thrive. During times of high consumer confidence, spending is higher, companies are willing to take more risks and most businesses are able to generate more revenue. But during times of hardship, it’s harder to get financing, revenue dries up and the entrepreneurial environment is […]
December 23, 2020

How Content Marketing Became So Saturated

Content marketing has been a favorite strategy of entrepreneurs in practically all industries for the past decade or so. It has synergy with dozens of other online marketing tactics, including search engine optimization (SEO), social media marketing and email marketing, and offers one of the highest returns on investment (ROI) of any marketing strategy. Accordingly, it’s easy to see why content marketing […]
October 27, 2020

The Problems With Passive Income for Entrepreneurs

“Passive income” is a phrase uttered by most modern entrepreneurs, as they seek to achieve the greatest amount of profit for the least amount of effort. It’s such a popular concept that it’s become a veritable buzzword, losing meaning each time it’s included in the title of an article or the foundation of a business plan. And don’t get me wrong; […]
September 17, 2020

Creativity Is Your Best Problem-Solving Tool — Here’s How to Harness It

Entrepreneurs are problem solvers at heart. Most businesses are designed to solve some kind of consumer problem; for example, you might sell a product that allows people to do something they’d otherwise be incapable of or sell a service that makes someone’s life easier. And in the course of business leadership, you’ll be responsible for solving a multitude of problems, from […]
September 16, 2020

Should You Tap Into Personal Savings to Start a Business?

Building a business takes money. If you’re starting a brick-and-mortar traditional business, it could take tens of thousands of dollars to get things rolling. If you’re dealing with intensive infrastructure needs, you may need even more — in the realm of hundreds of thousands or millions of dollars. At the other end of the spectrum, you may be able to start a microbusiness […]
August 19, 2020

Online Content Monetization 101: How to Make Money From Content

Online content has gotten incredibly popular for a handful of motivating reasons. First, it’s easier than ever to publish your own content: Anyone (even those with no money) can start blog, upload recorded videos or even live stream. Second, demand for online content is skyrocketing; more people are reading blogs, watching videos and engaging with social media influencers than ever before. Third, […]
July 29, 2020

5 Successful Remote Businesses That Paved the Way for Modern Startups

Can you replicate the models of these businesses and go fully remote? Remote work is becoming more popular, in the short term because of the global health crisis, but in the long term because of increasing acceptance of the value of remote work. Operating remotely, companies can save money, access a bigger talent pool and look more attractive in the […]