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Your Guide to Gaining a Competitive Edge and Succeeding as an Entrepreneur Over the Next 5 Years
As an entrepreneur, you must stay ahead and anticipate the future. To do this, you must refine your current skills and understand successful business practices while sharpening the most important skills you should master in the next five years.From recognizing potential opportunities to adapting quickly to change and maximizing resources for growth, you'll be better equipped to take your business…
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4 True Reasons Why People Hesitate to Use ChatGPT
Artificial intelligence (AI) has garnered tremendous attention and holds the potential to revolutionize various industries. However, the practical implementation of AI systems is not without its challenges. As enterprises consider adopting AI technologies like ChatGPT, many factors must be considered.As with any new technology, some kinks need to be worked…
The 5 Strategies of Startup Growth
Growing your startup is a challenge. According to 2022 statistics, only 10% of fledgling companies succeed.Given the fierce competition, that's hardly surprising. As a startup founder, you know that there are a million things to tick off on your to-do list, and a deluge of advice you're supposed to follow.…
6 Proven Ways of Building Customer Loyalty
A loyal, longtime customer is akin to fine wine: Producing it requires a considerable amount of work, and the aging process is where it truly pays off. Strong, lasting customer relationships help create a stable growth foundation. However, developing and nurturing them is no easy feat in a crowded marketplace.…
Why Nurturing Relationships With Other Entrepreneurs Is Vital
As an entrepreneur, nurturing relationships outside of that realm is important, but the same goes for nurturing business relationships. We have to find that balance. Being able to do so has been very rewarding for me. In the beginning, I didn't have other entrepreneurs to share my excitement, ideas, wins,…
How to Get Clients to Look For You — Not the Other Way Around
When I think of branding, my inner journalist relates the word to the concept of storytelling. Effective branding takes prospects on a journey where they fully understand what you do, why and how.Beyond that, a genuinely magnetic brand is polarizing and unique. The more magnetic a brand is, the less…
How Newsletters Are Providing a Unique Opportunity for Entrepreneurs
Exactly a month before my birthday, I challenged myself to launch a newsletter within 30 days. Without dedicating excessive time and effort, I launched Discovery Dose, a newsletter that helps you expand your general knowledge on various topics.This started as an experiment to confirm my analysis of the current entrepreneurial…
How to Turn “Likes” into Sales
Over the last decade, the burgeoning creator economy — which centers on individuals creating and monetizing digital content — has supercharged the growth of social commerce.The evolution of social media platforms making high-production value content, particularly video, more accessible has caused a boom in viewership. More consumers using social platforms…
How Founders Can Demonstrate their Founder-Market Fit to Investors
In the early stages, startups often lack impressive numbers to showcase their potential. That's why investors primarily examine the co-founding team to assess how likely they are to build a thriving company.In simpler terms, investors are looking for something called founder-market fit when the founders' skills, experience, and personal qualities…
What Are Summer Hours? | Entrepreneur
This story was originally reported on ReadWrite and Calendar.In an effort to attract and retain workers, employers offer nontraditional perks across various industries. It is not uncommon for companies to implement summer office hours, such as Fridays off or reduced work hours, in order to give their employees a break.…
Here’s the Best State and Worst State to Start Your Business
Roughly three in five Americans have had an idea for an entrepreneurial venture, according to a 2021 Zapier report — but a staggering 92% of them won't take the steps necessary to bring their vision to life.If you do want to start your own business (and avoid joining the latter…
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Creative Ways Startups Can Earn Funding in Tough Economic Times
In a declining economy, startups face an uphill battle when it comes to securing funding.…
I Asked AI to Create a Plan for a Fake Company — The Results Blew Me Away, But Not in the Way You Might Think
With all of the recent news about artificial intelligence (AI), it got me thinking about…
Ideas To Transform You From Good To Better To Best
A while back, I took a couple of my grandchildren on a tour of the…
5 Crucial Challenges Startups Must Overcome
Startups face numerous challenges on their journey to success, and failing to overcome any one…