30 Best Business Services Your Company Needs It’s never been easier to start a business on a budget. So many affordable tools are available, an entrepreneur can launch a startup with a laptop and cellphone. But making that business a big success takes plenty of blood, sweat, and tears. You’ll likely put in long hours, […]
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Companies receive a lot of resumes, and a good number of them are discarded fairly early on in the hiring process. So, what element makes a resume stand out, allowing the applicant to move on to the next round of the hiring process? To find out, we asked 12 entrepreneurs from Young Entrepreneur Council (YEC) the following
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rawpixel / Pixabay As humans, we all have biases. We’d like to think we’re all perfectly logical all the time, but the reality is that we have moments when we aren’t thinking clearly and we make faulty decisions. Cognitive biases cloud our thinking because we stick with what we think we know. One of the
Don’t Let Confirmation Bias Derail Your Startup Plans Read More »
Businesses of all types and in all industries face challenges as startups. While some obstacles are out of a business owner’s control, others are avoidable. In the spirit of football season, let’s discuss some of the most common “fumbles” startups face and how to tackle them before they set back your end game. 1. Failure
6 Common Business Startup Fumbles and How to Avoid Them Read More »
Founders of companies of all sizes are faced with decisions during the early stages of the company that could impact the trajectory of the company permanently. These decisions need to be well thought out in terms of future profitability as well as company sustainability. A lack of physical office for example can save money during
People may romanticize the life of an entrepreneur, but the reality of starting your own business is that it’s difficult, and often unglamorous. In order to make it and really live the dream of being a successful business owner, you’re going to weather a lot of setbacks. Persistence and perseverance are two of the most
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Traditionally, startup businesses draft a business plan for three specific reasons: to articulate their vision for the business, to document how they plan to solve key challenges, and to pitch their business idea to potential investors. But what if I told you that business plans for startup companies are usually not worth the effort? My
Don’t Waste Time on a Startup Business Plan—Do These 5 Things Instead Read More »
If you’re an entrepreneur of any kind, you are most likely familiar with the dire statistics associated with building a successful business, most damning among them is 90% of all new startups fail. New companies fail for a multitude of reasons – everything from scaling too quickly, to not understanding the customer and the market,
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After spending nearly a decade as an entrepreneur, I have learned that there are many romantic beliefs people have about starting a business. Many of them are not compatible with the challenging and often cruel reality that entrepreneurs face. While being your own boss can be one of the most rewarding things that you will
4 Tips to Avoid Choosing the Wrong Idea for a New Business Read More »
As you’ll have noticed when you phone call centers, visit the bank, or deal with the government in any capacity, bureaucracy can make organizations slow and frustrating to deal with. Endless forms and complex layers of approval impact a company’s services along with the morale of its employees. It can leave organizations unable to adapt
The Secrets to Making a Bureaucratic Organization Run Like a Startup Read More »
