Published: February 7, 2017, 5:00 pm
At any given time, we have a number of ideas in our heads that we would love to see come to life. A business proceeds not just from an idea, but a burning desire to achieve something.
Aspiring entrepreneurs often underestimate the sheer and relentless amount of work that goes into setting up a business, running it and ensuring that it goes on to become a successful undertaking. It may start with a brilliant spark, but from procuring funding to setting up an office, to hiring people and selling others your idea — starting your own business is wildly rewarding (Read more...
Published: January 17, 2017, 2:30 pm
In 2017 things aren’t what they used to be. Major institutions and the minutiae of modern life — the latter of which includes ordering food delivery, getting around town and even dating — have seen a major facelift since the turn-of-the-century tech boom. Workers worldwide (including 24 percent of Americans in the past year alone) have adapted to the prevalence of money-making opportunities that are specifically internet- or app-based, creating a substantial pool of industry-specific talent that are ready to put their skills to use.
The advent of the sharing economy
The sharing economy, often referred to as the (Read more...
Published: December 16, 2016, 7:00 pm
The market is changing. As technology advances, work demands increasingly follow us into our personal lives. According to a study by WorkplaceTrends.com, Americans on average are adding approximately two hours to each workday with 65 percent of respondents saying that their employers expect them to be available outside of work hours through phone or email.
Smartphones have us constantly connected. The sandwich generation is splitting their time between raising children and caring for aging parents while the economy makes it necessary for many households to have two incomes. According to Brigid Schulte, author of New York Times best-selling (Read more...
Published: November 30, 2016, 6:00 pm
If you’re an American entrepreneur with more than a year or two under your belt, you’ve already experienced drastic economic changes. In fact, the last 10-12 years have been a roller coaster ride that many business owners either wanted to - or were forced to - get off when it changed from fun and exhilarating to sickening.
Fortunately, in most sectors, things have slowed down in the last 1-2 years and have hit a steadier equilibrium that’s allowed for consistent, steady growth for many companies. But those companies are being run far differently now than they were in the (Read more...
Published: October 19, 2016, 11:00 pm
Strategic partnerships are nothing new. Companies have been working together for mutual benefits for a long time for a profitable future, with teams like Starbucks and Google, Spotify and Uber, and McDonald’s and Coca-Cola.
Though they're large-scale examples, they're examples of how strategic partnerships can work for both companies.
Here are five ways that a strategic partnership can help you grow your business.
1. Access to new customers
Being in a strategic partnership means access to new customers, embedded in this is an opportunity for free advertisement. When you’re paired with another business, you’ll be able to (Read more...
Published: October 12, 2016, 7:00 pm
Learning to live without a stable, predictable income stalls many entrepreneurs before they even start. Not knowing the amount you’ll be bringing in each week, month, and year can be hard to balance while shelling out those early startup expenses.
What is the best way to protect yourself from becoming stretched too thin? Learn to overestimate your expenses and underestimate your income. You’ll be setting yourself up for success long-term by using conservative estimates to your earnings and liberal estimates to your spending.
Are you still worried about living without a predictable paycheck? Have you gone around in circles (Read more...