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It was tough for small businesses in 2012, but it would seem that many entrepreneurs think this year is unlikely to be much better. Two major small business confidence surveys – the National Federation of Independent Business (NFIB) Small Business Optimism Index and the Wells Fargo/Gallup Small Business Index – plunged late last year and [...]
With so many sources of information for today’s entrepreneurs, it’s easy to get overwhelmed, but these four golden rules can help you stay on track. It’s tough to turn your start-up into a success, but there are so many sources of inspiration and guidance for today’s aspiring entrepreneurs that it’s easy to be overwhelmed. There are “how to” guides, [...]
Small business owners must overcome obstacles on a regular basis. Those that succeed learn to turn these obstacles into assets. As an entrepreneur, every failure you encounter is actually an essential building block in your future success. What’s important is being able to recognize that. As the inventor Alexander Graham Bell said: “When one door closes, another opens; [...]
You need to trust your team members to implement the day-to-day details of the overall small business strategy you’ve outlined. One of the hardest tricks for any small business owner to learn is how – and when – to delegate. Learning this skill is a little like learning how to parent a teenager. Just as [...]
Set a clear strategy for your small business and empower your team to deliver on it. Business theorists are keen to look at the social habits of different animal species in an attempt to find lessons for how to run a company. Ants have been cited as good examples for business management. They cooperate easily [...]
This entry is part 4 of 4 in the series Photography startup guideFrom passion to paycheck – a photographer’s journey – part four One thing I have noticed about the Phopus startup process is the mindset shift from being an employee to being a founder of my own small business. It only hit me recently, [...]
Entrepreneurs instill a can-do spirit and a stronger sense of community into their hometowns. Having a lot of entrepreneurs living in your community can be good for your health. That’s the message of a recent study, which found that people who live in counties with a high number of small businesses have lower mortality rates, [...]
For some, early retirement means a fresh start as an “encore entrepreneur.” It’s not just youngsters who feel frustrated with being out of work or stuck in a dead-end job. Many people in their 50s and 60s either have been laid off or taken early retirement in the past five years since the economy hit [...]
Turn being laid off into an opportunity to be your own boss. Getting laid off doesn’t be the end of your world. In fact, it could be the best thing that’s happened to you in a long time. Losing your job can be a life-changing experience. This scenario is what inspired our web series Leap [...]
This entry is part 27 of 27 in the series MyStartUpStoryTV Plus lets people fully integrate their TV watching experience with the now ubiquitous second screens of smartphones, iPads and other devices in real time. Co-Founder Randy Shiozaki talks about the highs and lows of being an entrepreneur and how competition helps TVplus raise awareness [...]
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