The Young Entrepreneur Council

15 Smart Ways to Test New Hires Before You Commit

Hiring a new employee is a huge commitment, especially if you’re a small to mid-sized business with a tight budget. Before you invest time, energy, and resources into a new team member, you’ll want to make absolutely certain they are truly a good fit. Implementing a trial period can be a great strategy for confirming […]

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Customer Appreciation: 10 Ways Businesses Can Show Their Gratitude

With so many different options available for customers, it’s important to recognize and acknowledge the consumers and clients who choose to do business with you. Showing some customer appreciation not only helps people feel valued, but also engages your employees, as it strengthens the relationships between customers and your staff. There are countless ways your

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Selling Your Business? 10 Tips to Keep in Mind Before Announcing the News to Employees

Selling a business can be complicated, and perhaps one of the trickiest parts of the process is announcing the sale to your team. For advice on how to share the news of a pending company sale to your staff, we asked members of the Young Entrepreneurs Council (YEC) the following question: Q. What is the

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Overcoming Stress: 5 Hacks to Help Entrepreneurs Decompress

When people think of an entrepreneur, they may think of someone happily moving from one pitch meeting to the next. The truth is there is a lot of varied work that keeps entrepreneurs constantly busy. As soon as one question gets answered, another one crops up; when one fire is put out, another comes roaring

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13 Fatal Marketing Mistakes That Could Sink Your Business

The right marketing strategies can elevate your brand and give your business positive attention and exposure, while the wrong ones can sink your company. To find out which strategies work—and the ones to avoid—we asked entrepreneurs from YEC Next and YEC this question: Q: What common marketing strategies should entrepreneurs avoid and what should they

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7 Ways to Grow a Service-Based Business

Service-based businesses have their own ways of operating, and therefore their own unique methods for growth and development. Entrepreneurs who run service companies need to understand these methods in order to succeed; however, since every business is different, it can be difficult to determine which method will work best for a certain type of company.

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15 Effective Negotiation Tactics to Help Win Your Next Deal

Closing a big sale or contract can be tricky, especially when there are a lot of factors at play. But while some salespeople have a knack for getting signatures on the dotted line, others may find themselves struggling or losing out on deals, despite years of training. That’s why we asked members of YEC the

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15 Soft Skills to Look for When Hiring New Employees

When you’re trying to hire a new employee, what you see on paper is never the whole story. In fact, what you see on paper can be downright misleading. So what attitudes and abilities should an interviewer look for once they have a candidate in a room? Is it better to value someone who’s a self-starter, or

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9 Ways to Manage Your Remote Workers Easily and Effectively

When you hire remote workers, you can get the exact skill set you need to get certain jobs done, regardless of where your employees are based. And if you allow your current onsite staff to telecommute, you give employees the ability to work at their own pace, while at the same time improving overall employee morale.

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10 Ways to Dazzle Your Customers With an Awesome In-Store Experience

Making sure your customers have the best experience when they shop at your brick-and-mortar location will turn them into loyal consumers who return frequently and buy even more from your store. That’s why we asked 10 successful entrepreneurs from Young Entrepreneur Council (YEC) the following question: Q. Brick-and-mortar stores have advantages over their online counterparts.

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