Tag Archives: Small Business

The 7 Biggest Entrepreneurial Mistakes and How to Avoid Them

The world of entrepreneurship is full of potholes and wrong turns. You may work for months and months only to find out that you need to scrap your original idea and try something else. You may follow a particular protocol for years before you realize that there’s a more efficient way to run your business. Much of this trial-and-error experience is to be expected when you’re starting your own business, and you can learn a great deal from your mistakes. But be sure to learn from other people’s mistakes, too. Here are 7 to avoid.

1. Working In Your Business Rather than on Your Business. Every business consists of little tasks that must be done to make the whole operation run smoothly. There is always work to be done. But your job as the owner of your own business is to… Continue reading

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5 Free Ways to Build Your Brand

If you own a small business, you may have already given up on the notion of branding yourself. After all, that’s something that only big companies with big budgets can afford, right? Not so fast. Here are 5 ways to brand yourself for free, and maybe even make a little bit of money in the process:

1. Develop for Display. If you can create visual brand that stands out from the crowd and looks hip and edgy, you can actually get people to pay you for the privilege of displaying it. Extreme sports companies like surfing, skating, and snowboarding companies have been doing this for years. The challenge is… Continue reading

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15 Ways to Stay Focused With Effective Time Management

Let’s face it, there’s a lot going on out there. Our economy is on the fritz and every news story tells us that one more multimillion dollar company needs a government bailout. Foreclosures are happening right and left. We have troops in harm’s way, and Christmas is only a few short weeks away. And that’s just the big picture! We haven’t even mentioned your business and all the things that you need to keep up with on a daily basis. Here are 15 ways to keep yourself focused amid all the distraction. See what works for you!

1. Plan for Each Day. Take a few minutes every evening and plan the following day. Outline 3-5 things that you want to accomplish and stick to it.
2. Plan for Each Week. Take a few minutes on… Continue reading

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6 Ways to Get Money Fast for the Broke Entrepreneur

It is an unfortunate fact that young entrepreneurs and others in the process of starting home-based business may find themselves needing to make money in a hurry. The first reaction to finding oneself in this situation is to panic, rendering it nearly impossible to think clearly and creatively about alternative money-making options. Keep these 6 tips in mind and you’ll be on your way to making some extra cash before the panic even sets in.

1. Sell Stuff. Chances are that you’re surrounded by stuff you simply don’t need anymore. Dig through your clutter, your attic, and the piles off stuff you haven’t looked through in awhile and determine what you can part with. Then hold a garage sale, either alone or with some neighbors. Put up signs around your neighborhood and put an ad in the newspaper.

Likewise, consider… Continue reading

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7 Steps to a Great Hire for Small Businesses

If you’re a small business owner, then you know the importance of hiring great employees with the least amount of expense. Not only do you want to hire qualified employees who will work for a wage that you can afford, but you don’t want to break the bank in the process of recruiting. Here are 7 steps to hiring the right person for the job.

1. Clear Job Description. The first thing you need to do is to create a clear and concise job description with as much detail as necessary. This is only way to make your expectations clear and to measure an employee’s job performance. Don’t do anything else until… Continue reading

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The Entrepreneur’s 8 Tips to Making it Big

Every entrepreneur dreams of making it big! Here are 8 keys to making it happen.

1. Don’t Do It if You Don’t Love it. You’re only going to succeed if you love what you’re doing. Your love for your business is what keeps you going even when things look bleak or, worse yet, boring. Your passion it what gets you out of bed everyday to face what it sometimes thankless work. If you don’t really love what you’re doing then you’re not going to see it through to the finish. Never make money your primary goal. Your primary goal should be to have fun doing what you love.

2. Be Relentless. Persistence is often the only difference between wild success and abysmal failure. If you’re challenged, stand up to the challenge, whether it’s another person or a business setback. If you back down, you’re going to lose respect for yourself and doubt your ability to make your business succeed. If you truly believe in what you’re doing, then… Continue reading

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6 Reasons to Keep Marketing, Even During A Recession

You can’t go anywhere right now without hearing about the economy. Food and gas prices are increasing, and although most of us aren’t running huge banks or trying to balance the federal budget, the stress of the current economic downturn is certainly trickling down to the point that we can feel it. But one of the last things that we want to do in the middle of a rotten economy is slam on the brakes of our own businesses, you know, just in case things get worse. Instead, one of the best things we can do, for our business, for our own sanity, and for the economy, is to step on the gas. Continue your inbound marketing efforts, publish articles that others will find relevant and helpful, and keep networking. Here are 6 reasons why you shouldn’t let the current economy keep you from focusing on your inbound marketing efforts.

1. Time Over Money. The good thing about inbound marketing is that it requires you to invest far more time than money. So take the time to… Continue reading

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Have a New Business Idea: 5 Questions to Ask Yourself

Starting your own business is no small task. The amount of effort, time, and money that goes into such an endeavor can be overwhelming at best. So the primary concern for most entrepreneurs looking to start their own business is: Is this even an opportunity worth pursuing? If that question has been weighing on your mind, here are 5 questions to ask yourself:

1. Do I Love This Idea? If you’re interested in opening your own business simply for the money, then chances are you’ll never get your business off the ground. The process of opening your own business is … Continue reading

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Hire Your Friends: 6 Reasons to Give it a Shot

So you’re starting your own business. You’re looking for space to rent for your office, and might need some clerical assistance at some point. So why not find a friend with whom to share office space and hire your sister for your part-time work? Sound too close for comfort? Here are 6 reasons to consider hiring friends and family to work for you.

1. They’re Trustworthy. When you hire friends and/or family, you can rest assured that they’re doing what you’ve asked them to do. They value the relationship too much to let you down, so they’re going to give the job everything they’ve got. Compare that to the… Continue reading

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7 Ways to Connect with Success

Any article about entrepreneurship includes advice to surround yourself with people who have been successful and learn from them. One of the biggest challenges, however, is finding those successful people and placing yourself under their tutelage. Here are 7 ways to do so:

1. Attend Events. Depending on the size of the city you live in, you may find it quite easy to find business events related to your product or service. Keep an eye out for them and attend whenever possible. Look for flyers at bookstores, libraries, and check out advertisements in the newspaper or other local publication. Many of these events are…
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