Starting A Business

16 Valuable Life Lessons You Can Learn From Entrepreneurs

Whether you’re faced with an obstacle or an opportunity in life or business, such moments can offer important life lessons that can help you grow. Certain business or life lessons tend to stick with you through the years, shaping your personal and professional mindset. That’s why we asked a group of Young Entrepreneur Council members to […]

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The Year Ahead for Small Business, Part 2: More Expert Predictions on New Trends and Opportunities We’ll See This Year

Last week we took a look at what several business experts, entrepreneurs, and business thought leaders predicted was going to unfold for small business owners in 2020. Now, in part 2, I want to share additional predictions about advertising, marketing, workplace issues, retail, and more. If you missed part 1, be sure to read The Year

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Starting a Business in Your 40s? How to Choose the Right Legal Entity

Have you heard that the forties are the new twenties for entrepreneurs? The American Economic Review from the American Economic Association reveals that while observers believe younger individuals are likely to start successful new ventures, new data is revealing the contrary to be true. Today’s most successful entrepreneurs are actually middle aged. The average age of

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Lost Your Job? Here’s How to Start a Business in 9 Steps

By Mark Thompson Losing a job is one of the most stressful triggers a person can experience in their adult life. Anyone who’s been through job loss—or has had someone close to them get fired—knows that such an event causes tremendous upheaval in the world as they know it. The good news is any ending

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10 Key Lessons for Startup CEOs and Founders

By Richard D. Harroch, Mike Perlis, and Mitch Zuklie CEOs and founders of startup businesses face many challenges: raising startup capital, building a management team, developing competitive products, starting a marketing program, finding early customers, and more. The prospect of launching a new startup can be daunting. We have collectively been involved in hundreds of

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Where Do Successful Entrepreneurs Get Their Brilliant New Ideas From?

By Eric B. Schultz We sometimes associate successful entrepreneurs with a flash of brilliance, a moment when some earthshaking product suddenly crystallizes in their minds. In the summer of 1895, for example, King Gillette found his heavy, forged razor too dull to use. He wrote: “As I stood there with the razor in my hand,

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5 Important Startup Lessons You Can Learn from Silicon Valley Tech Companies

Do you wish your startup could be the next Facebook or Google? Being located in Silicon Valley isn’t essential to the success of tech startup businesses—but it sure doesn’t hurt. Just what is the magic factor that makes Silicon Valley such a breeding ground for successful startups? Even if you aren’t starting a tech company,

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Your Startup Needs a Social Responsibility Plan to Compete—Here’s Why

By Ryan Ayers In the past, companies could mostly stay neutral on topics like politics, social and environmental issues, and other cultural concerns. Those days are over. Today, consumers expect companies to contribute to the good of society and take a stand against injustice. In an era where brands have to be politically correct and

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Opening a Restaurant? A Guide to Understanding Restaurant and Bar Regulations

If you’re thinking about starting a bar or a restaurant, one look at all the rules and regulations involved might make you throw up your hands. While all startup businesses have to get licenses and permits, bars and restaurants have to jump through many more hoops to ensure the food and beverages they serve are

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Want to Start a Business? Maybe You Should Buy a Franchise

If you’re dreaming of starting a business but you aren’t sure what kind of business to start—or where to start—the ideal solution may be to buy a franchise. In fact, Guidant Financial has gone so far as to dub 2019 the “Year of the Franchise” based on trends in its latest  Small Business Trends survey.

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