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…
A while back, I went through the talent strategies for a dozen companies across numerous sectors and came to a frustrating conclusion: It was hard to tell them apart, fueled as they were by nostrums like "reduce turnover," "improve engagement" and "increase diversity."Increasingly, it's a challenge to tell the industry…
As an entrepreneur navigating the world of commercial real estate, you may encounter the terms "use clause" and "exclusive rights" embedded in retail lease contracts. Understanding these can make a significant difference in shaping the scope and success of your business. This article explores these concepts and why they're critical…
The newest TikTok trend might be something that everyone can get behind.Enter the era of the "lazy girl job," a mindset where you set aside professional passion for a job that only requires a basic, clock-in, clock-out effort — and none of it is taken home with you. TikTok user…
The founding team lays the foundation for culture, processes and norms that will shape a company for years to come. With limited resources and high uncertainty in the early days, startups must maximize the collective intelligence, energy and motivation of their people. This requires forming a team of the right…
Just before my 18th birthday, I decided to start a business selling mail-order rock-climbing gear. I can still clearly remember the first day I drove to my Post Office Box (yes, this was before the internet) and found orders with checks attached (yes, people used to mail checks). Wait, I…
The world of work has undergone a significant shift due to the global pandemic. More and more people are realizing the boundless potential of remote work and the opportunities it presents for entrepreneurs.From the comfort of your own home, it is now possible to start and manage a thriving online…
Starting a new business can be an exciting and rewarding venture, but it also comes with its fair share of challenges. Achieving business objectives will take perseverance and patience. Making good decisions will align with the overall objectives and vision of the business. Each decision should contribute to the strategic…
Starting your own business doesn't mean buying retail real estate and hiring employees.Many of the best small businesses can be run right out of your home – some don't even require you to leave your computer chair. Many of the best online businesses can be accomplished full-time without tons of…
For many entrepreneurs, their first venture is like a child. They pour their passion and dedication into its growth, and when the time comes to exit, the sense of loss and uncertainty is palpable. This feeling won't last forever, though, and as Richard Branson once said, "Business opportunities are like…
These days, when prospective homebuyers or sellers need the expertise of a realtor or agent, they often head straight to Google. And if your agency isn't popping up in those first-page results, you might find it challenging to earn new clients and stay competitive in your area.As an online reputation…
In a declining economy, startups face an uphill battle when it comes to securing funding.…
With all of the recent news about artificial intelligence (AI), it got me thinking about…
A while back, I took a couple of my grandchildren on a tour of the…
Startups face numerous challenges on their journey to success, and failing to overcome any one…
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