profit

Entrepreneurial Insights: 9 Ways Workplace Inclusivity Boosts Profit

by Kimberly Zhang / ⠀Entrepreneurship• Startup Advice / January 12, 2022

Businesses today are beginning to realize the benefits of workplace inclusivity. Employees who identify with marginalized groups are less likely to feel disenfranchised, more productive, and more satisfied on the job. With statistics showing that diverse workplaces perform better financially than homogeneous ones, business leaders follow strategies that allow all people to feel welcomed in their workplace. Below are nine ways that workplace diversity and inclusion can boost…

4 Profitable Aviation-Related Businesses

by Kimberly Zhang / ⠀Entrepreneurship• Investment / December 17, 2021

The aviation industry has expanded exponentially over the last few years. This has created opportunities for individuals who want to start an aviation-related business to increase their profit margin. Most people may think an aviation-related business must be massive, but that’s not always the case. It’s important to conduct enough research to further encourage business success. This will ensure you’re equipped with the necessary know-how before starting an…

Growth and Profitability: 4 Tips to Give Both a Boost

by Kimberly Zhang / ⠀Career Advice• Entrepreneurship / June 23, 2021

Growth and profitability aren’t nearly as mysterious as many believe. The key, as many will tell you, is to work smarter, not harder. Running a business is an exhilarating and exciting endeavor, but it also comes bundled with its challenges. Ensuring your company is constantly growing and expanding is certainly one of the key challenges for any business owner. In many cases, business growth can seem painfully slow.…

Want More Revenue? Focus on What You Can Do for Your Customers

by Kimberly Zhang / ⠀Startup Advice / September 4, 2019

As businesses grow, they evolve to match market changes and shifts in consumer demand. Yet companies always need to increase revenue.…

Taking Action: From MVP To Profitable Small Business In One Month

by Matt Wilson / ⠀Entrepreneurship / February 9, 2014

How long did you wait to start your business? A week… a month… a year? Almost everyone I know has one major regret when it comes to their business: that they didn’t start sooner. Today I’m going to show you how I turned a basic idea for a service, into a business averaging $400 in monthly profit after the first month. Hopefully this story will be the…

Start With A Lemonade Stand

by Matt Wilson / ⠀Entrepreneurship / November 4, 2013

When life gives you lemons, make lemonade. Or so the proverbial goes. And yet, the origins of this phrase had a more poignant and entrepreneurial lesson. Elbert Hubbard in a now famous obituary for dwarf actor Marshall P. Wilder, stated: ”He picked up the lemons that fate had sent him and started a lemonade-stand.’ The lesson is clear. Stare adversity resolutely in the face, and turn it into an opportunity. An…

An Entrepreneur’s Tough Lesson

by Matt Wilson / ⠀Startup Advice / November 28, 2012

It’s very common, especially during the current economic recession that we are in, to hear talk about how employees are being laid off and how tough it is to make ends meet after you’ve been laid off. What would an entrepreneur feel that can be comparable to this? Probably rebuilding a company. During times when businesses are doing well, entrepreneurs are able to generate a living for themselves…

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