5 Important Lessons About Becoming an Entrepreneur
Here’s the simple truth: becoming an entrepreneur isn’t easy. After all, if it were easy to launch a business, everyone would do it.
I run my own business and people frequently ask me about the best way to start a business. Here’s another truth for you: there is no miracle step-by-step process that will automatically catapult you to success. While I can’t offer an instant secret recipe for success, I can share some of the lessons I have learned. Read more.
How to Start a Business in a Day
You can start a business with a limited budget and a very short turnaround time. In fact, you can start a business between the time you wake up in the morning and the time you go to sleep that night. You just need a list of resources and tools, and a lot of focus.
There are a few things that will make it easier to start a business and scale it quickly. First, it will help if you already know the type of business you want to build and have a basic understanding of the target market you’re seeking. It can also help if you choose a service-based business, such as a marketing firm or consultancy, rather than one that specializes in products. Product-based businesses require prototypes and plans for manufacturing and distribution, which can take time to set up. However, if you already know the types of products you want to sell, or if you want to open a retail shop or an e-commerce site, it can be done as long as you know where to find the products you plan to sell. Read more.
4 Things To Keep In Mind During National Entrepreneurship Month
As the calendar turns to November and National Entrepreneurship Month, business owners have an opportunity to celebrate and reflect. It undoubtedly has been a taxing year for business founders, but those challenges haven’t dampened the overall entrepreneurial spirit.
Don’t believe me? Just look at the numbers. According to Yelp, Covid-19 caused more than 163,000 businesses to close as of the end of August, representing a 60% uptick compared with the middle of July. But with more than half a billion new companies setting up shop each month and 24 million people planning to become self-employed in the coming year, it seems like plenty of people are willing to take the leap to become their own bosses. Read more.
Escaping the Cube: Why, When, and How Workers Leave Corporate America to Pursue Entrepreneurial Ambitions
According to the most recent U.S. Bureau of Labor Statistics (BLS) data, despite economic uncertainty caused by the COVID-19 pandemic, 1.8 million still people left their jobs voluntarily in April of 2020. Economists generally consider “quits” an indicator of healthy optimism, as a good number of those who leave choose to start their own businesses.
The rise of the freelance economy has contributed to the entrepreneurial spirit of Americans, and by 2019 there were more than 57 million doing some form of freelance work either full time or as a side hustle. It is estimated that the number of freelancers in the US will exceed 64.6 million this year and 90.1 million by 2028. Read more.
If you’re looking for a business lending source to help finance your start-up or manage your future wealth, contact us today. Benetrends Financial, a pioneer in the industry, has helped thousands of potential small business owners like yourself secure funding over the past 35 years. Learn more.
The 30 Best Ways to Promote Your Business in 2021—With or Without Money
In order to survive and grow, your business needs customers. In order to get customers, you need to promote your business. In the good old days, this was a matter of deciding between a flyer, a brochure, a postcard, or an ad in the local newspaper.
But in today’s digital world, the possibilities are endless (read: overwhelming). Read more.
4 Sure-Fire Ways to Crisis-Proof Your Startup
Being in startup mode can be exciting and crippling at the same time! On one hand, you may feel a sense of triumph over the challenges thrown at you. On the other hand, the inability to manage crises effectively can make you wonder how you’ll keep your dream venture afloat.
Scaling a startup isn’t easy. Every entrepreneur aims at building a successful business; yet, the bitter fact is that startups often have to face hurdles that threaten their existence. The recent Global Startup Ecosystem Report reveals that only 1 in 12 are able to steer their venture towards success. So, a whopping majority of startups do not know what it takes to survive the odds of failing. Crisis is inevitable! Read more.
The Acceler8Success team focuses on helping entrepreneurs, solopreneurs, restaurateurs, brand founders, business partners, professional services providers, freelancers and multi-level marketers achieve their entrepreneurial goals while building and strengthening their personal brands. Learn more.