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Entrepreneurship

Socialization Is a Skill, Too: 4 Ways for Working Adults to Develop It

by / ⠀Entrepreneurship / April 25, 2019
Here's how to shake the rust off your social skills.

Relationship building and networking are important to entrepreneurs, but they may not come easy. No, it’s not just you: Americans across the board are becoming lonelier. According to a Cigna study released last May, 46 percent of American adults say they always or sometimes feel alone. Just 53 percent say they experience meaningful in-person interactions, like engaging in a deep conversation with a friend or family member, on…

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4 Business Tips You Didn’t Know You Learned in High School

by / ⠀Career Advice• Entrepreneurship / April 18, 2019
Awful or great, high school was the foundation of your entrepreneurial success

You thought “promposals,” undercooked cafeteria pizza, and hallway passes were things of the past. And hopefully, those unfortunate realities are indeed behind you. But to become a successful entrepreneur, it turns out you have to relive at least some of your high school experiences. Despite the challenges of being a teen, those years taught you valuable lessons that you can use as a corporate leader. From discovering and…

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How to Fight Your Need for Instant Gratification to Help Your Business Succeed

by / ⠀Entrepreneurship / April 15, 2019
How do you balance today's needs with tomorrow's?

Your brain is locked in a never-ending battle between now and later. This tug of war is why you eagerly tackle nonessential tasks instead of pressing ones. You might know that a deadline is looming, but it feels so good to remove something from your to-do list that low-hanging fruit lures you away from more urgent matters. Simply put, we’re all wired to crave instant gratification. Researchers at…

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Bad at Taking Risks? 4 Tips to Be Bolder

by / ⠀Entrepreneurship / April 7, 2019
Are you as bold as you need to be?

Fear is a company’s food: It comes in many flavors, but it must be swallowed for the business to live. The trouble is that many of us learn to be picky eaters from an early age. Although we’re curious about what happens when we put our hand on a hot stove, we don’t attempt it — we know we risk hurting ourselves. While our early risk aversion protects…

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The 3 Biggest Mistakes Business Owners Make When Selling a Company

by / ⠀Entrepreneurship / April 5, 2019
What to do — and not do — when selling your business

When you’re a business owner, the sale of your company can be one of the most bittersweet experiences of your professional career. But if you expect to enjoy more of the sweet and less of the bitter, it’s crucial to avoid committing certain all-too-common mistakes. The Three Mistakes You Want to Avoid Selling a business is a challenge. It doesn’t matter how big or small, successful or unsuccessful,…

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How to Hack Your To-Do List

by / ⠀Entrepreneurship / March 30, 2019
How to prevent your to-do list from stressing you out

If you’re overwhelmed by your list of duties, blaring music might help. It turns out that tunes can make you a more productive worker. To be sure, if you need to really concentrate, you’ll have to go light on the lyrics to get the full mental-boosting power of melodies. You might want to turn to songs between — rather than during — lengthy tasks. However, you can be…

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Room to Grow: The Advantage of Co-working Spaces for Entrepreneurs

by / ⠀Entrepreneurship / March 28, 2019
Can co-working help you sidestep problems?

Co-working is growing in popularity — even major companies are claiming office space in these centrally located and shared spaces. For entrepreneurs, though, co-working spaces are about more than just convenience; these community offices solve a number of the major challenges that independent businesses face. By moving work to a shared space, entrepreneurs cut costs, build connections, and create conditions that allow them to scale up as needed,…

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Big Business Strategies That Small Companies Can Emulate

by / ⠀Entrepreneurship• Startup Advice / March 26, 2019
Some strategies benefit businesses of all sizes

Big businesses are big for a reason — they’re getting something right, usually when it counts the most. Moreover, they’ve already found their footing after making it through the early days of uncertainty and instability. That successful leadership journey alone counts as an invaluable lesson for smaller business owners. You can learn a lot by studying exactly what big businesses have done right, even if their circumstances might…

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Investing in Real Estate on the Side? 4 Tips for Transitioning to Full-Time Investing

by / ⠀Entrepreneurship / March 22, 2019
Strategically plan your transition to full-time real estate investing

Whether you’re new to investing or transitioning to a full-time investment business, there’s no need to rush. Investing in real estate can be profitable; however, it takes time to build a strong portfolio and generate a real profit. Here are four tips for a smooth transition to a full-time investor role: 1. Calculate risks carefully. At some point in time, every investor ends up with a bad deal,…

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4 Ways to Bring Mentorship to Life at Your Company

by / ⠀Career Advice• Entrepreneurship / February 27, 2019
How to ensure mentoring at your company does everything it's capable of.

Mentors and mentees alike agree that mentorship is an effective way to learn. So why, according to the Association for Talent Development, do just 29 percent of workers have access to a formal mentoring program? The trouble, unfortunately, is that many companies see mentorship as a private matter. Despite the fact that ATD’s survey showed that nearly six in 10 talent development professionals think mentoring achieves development goals,…

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