Today’s edition of Acceler8Success Cafe for Sunday 11.15.20 is our Weekly Recap where we share links to each day’s newsletter from the previous week and a preview of that day’s most popular shared article. We’re pleased to report that the relaunch of Acceler8Success Cafe has been a success as evident by the increasing numbers in views on and shares from our site, across social media and from the many messages received. Thank you to all our readers and previous and new subscribers for helping to put Acceler8Success Cafe on the road to success!
120 Absolute Must-Read Blogs for Entrepreneurs
The most important key to serious accomplishment as an entrepreneur is, by far, your own internal drive and passion. That’s not something that you can learn. What you can learn, however, is pretty much everything else that is related to business ownership.
Countless investors, marketing geniuses, and wildly successful entrepreneurs have written about their personal experiences — what has worked for them and, often more importantly, what hasn’t. No matter your age, niche, industry, or phase in the entrepreneurial game, this list will help to direct you to the right blogs for your specific needs. Read more.
Why we need to bring the entrepreneurship narrative back to small-business owners
Minority-owned businesses have been hit the hardest by the virus outbreak. In April 2020, during the height of pandemic lockdowns, more than 40% of Black small-business owners reported that they weren’t able to keep working, compared to just 17% of white small-business owners. This disparity may stem from the fact that Black-owned businesses are less likely to have a traditional banking partner, so they have less access to public loans or public resources like the Paycheck Protection Program.
Small business entrepreneurs are often women and people of color, and I doubt it’s a coincidence that those are also the groups who least often receive venture capital funding. When we widen the lens on entrepreneurship, we see that these groups aren’t waiting on VC investments to start being entrepreneurial. In fact, women of color start new businesses at a far faster rate than any other demographic group. Read more.
Veteran Entrepreneur Portal
The Veteran Entrepreneur Portal (VEP) is designed to save time with direct access to the resources necessary to guide every step of entrepreneurship. It also makes it easier for small businesses to access federal services, regardless of its source—and quickly connects Veteran entrepreneurs to relevant ‘best-practices’ and information. Learn more.
Dark Truths About Entrepreneurship: What To Do When The Love Is Gone
So you’ve decided you want to be an entrepreneur, huh? City slicking between meetings at the pace of a cheetah and hunting to close the next deal, secure the next partnership, make the next sale. There was an allure to this life that drew you in. Or perhaps, you started simply because you wanted to support your family and being self-sufficient made sense.
If you’re reading this, it’s highly probable that you’re already living the entrepreneurial “dream.” Yet, it can fast become a nightmare for some. There’s a dark side to this path — and plenty of struggle for those who choose to walk down it. Read more.
SBA Loans: What Is an SBA Loan?
When a small business owner needs financing, the first option to come to mind is usually a loan through the Small Business Administration (SBA). While many people are familiar with the term “SBA loan,” they often aren’t clear on what these loans are, or even how to get them. We’ve provided a general overview of the common SBA loan programs to help you decide which programs may fit your business needs best.
The SBA provides several small business financing options. The six most common loans offered by the SBA are 7(a) loans, 504 loans, CAPLines, export loans, microloans, and disaster loans. We have summarized the basic requirements, costs, terms, and application process for each of these SBA loans. Read more.
Why Family Entrepreneurship is the New Family Business
Many think of family businesses as old-fashioned companies, passed down from one generation to the next, sometimes across three or more generations. Findings from the first ever Family Entrepreneurship Report by the Global Entrepreneurship Monitor (GEM) debunk that assumption. Read more.
Our goal is to help current and aspiring entrepreneurs architect a plan of continuous accelerated movement toward a pinnacle of desired success, even if and when previously thought to be unattainable. This process has been developed around our proven e-IDEA (explore, identify, develop, execute & analyze) methodology. Deployed effectively, it is key to sustainability and ultimately, to success… Acceler8Success! Learn more.