Tag Archives: entrepreneur

Entrepreneur or Small Business Owner: Which One Are You? | businessnewsdaily.com

A new study finds that the difference between being an entrepreneur and a business owner lies in your company’s legal status.

  • According to a study in the Quarterly Journal of Economics, a business’s legal status is what separates entrepreneurs from other business owners.
  • Entrepreneurs tend to be incorporated, while small business owners are not.
  • Incorporated business owners reported an increase of $6,600 in median annual earnings compared to their previous salaries when they became entrepreneurs, according to study findings.

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4 Tips for Business Success From Entrepreneur Elon Musk | businessnewsdaily.com

At 39, entrepreneur is at the top of two very different companies that quite possibly could change the world.

On one end of the Paypal co-founder’s business spectrum is SpaceX, a rocket and spacecraft company that stands poised to cash in on a billion-dollar cargo delivery contract to keep astronauts on the International Space Station stocked with clothes, vittles and any other supplies they might need.

At the other is Tesla Motors, the electric car manufacture which Musk has helped through a multimillion-dollar IPO. BusinessNewsDaily recently spoke with Musk to learn the guiding principles behind his entrepreneurial success.

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What to Do If Your New Business Has No Customers | AllBusiness.com

Inspiration strikes and you decide to launch your business. After all, if you build it, [they] will come, right? So, you set up shop. And then…nothing. Nada. Zilch. In fact, is that the sound of crickets?

Here’s that dreaded question no entrepreneur wants to think about, let alone ask: What if nobody goes to your business when you launch? What if your new business has no customers? Gasp! Did I just say that out loud?

I’ll let you in on a little secret. Anticlimactic business openings happen (more often than you think). So if you build it and they don’t come, don’t panic. Handle it like the great entrepreneurs who came before you have been doing for years.

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What You Need to Know About Bitcoin for Your Small Business | Small Business Trends

As a small business owner, I have been avoiding thinking about cryptocurrency and Bitcoin for many years. But on this week’s The Small Business Radio Show, we discuss what you need to know about Bitcoin for your small business, your customers, and vendors.

Chris Brady is a New York Times best-selling author and speaker with a new book called “The Bitcoin Bride”. He was listed Richtopia’s Top 200 list of most influential authors in the world.

According to Chris, Bitcoin is not that complicated. He says that “it’s just money. Bitcoin was created to fix the money system since it’s broken. Governments and banks can expand its supply anytime they want…. backed by nothing. This is bad news for consumers since it results in inflation, erodes business profits and personal savings.  Bitcoin is a hedge against inflation.”

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8 Tips to Ensure That Your Startup Doesn’t Fail | The Startup Magazine

The life of an entrepreneur can be exciting and filled with ups and downs. While certain aspects of setting up a startup can be exhilarating, especially in the early stages of the business, there are also plenty of bumps along the road, big and small.

If you are planning to start your own business, then there is a good chance that you are prone to failure. So, before you start your startup and invest your time and money in it, you have to ensure your startup does not fail. Here are eight startup tips to keep your startup alive and kicking.

Build a healthy support network

Any entrepreneur who has faced failure or encountered challenges along the way knows how important it is to have a good support network. A good support network can give entrepreneurs the encouragement they need to continue with their business. It can also help them bounce back after encountering failure and other challenges along the way because they know that they are not alone in this journey.

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 5 Innovative Ways to Improve Your Branding | Getentrepreneurial.com

Every entrepreneur wakes up wondering how the world views their business. For many new businesses, the main issue might be that few people even know about them. Even for veteran entrepreneurs, finding the right audience can take years and years of hard work and practice. In any case, there are ways to improve the quality of your brand and ensure that your marketing efforts actually reach the right people. So, in today’s post, we are going to take a closer look at 5 innovative ways to improve your branding!

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9 Simple Ways to Transform Your Morning Routine and Boost Productivity | Entrepreneur

Tim Ferriss makes his bed, meditates, does push-ups, writes in his journal and drinks water.

Gary Vaynerchuk’s morning ritual takes three hours to complete.

The way you start your morning often dictates how the rest of your day goes. Smart entrepreneurs know they need to take advantage of this important period of time to maximize their energy levels, maintain focus, increase their productivity and prime themselves for a busy day.

Consider adopting any or all of the following nine morning ritual strategies for a more productive day.

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4 Low-Cost Digital Marketing Tactics for Startups | AllBusiness.com

Starting a business is not an easy task. The idea of being your own boss and calling the shots is something many of us desire and long for, but making it a reality is no walk in the park. Being an entrepreneur comes with many risks and challenges.

Marketing is a critical aspect of a new business; however, successfully executing a marketing plan is a challenge faced by many startups. And no matter how great your products and services are, without the right marketing strategy, the chances of reaching your potential customers and generating profits are incredibly low

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The Worst Business Advice We’ve Ever Heard | AllBusiness.com

Business advice can come from anywhere, even from those who have never owned a business. But if you’re a new entrepreneur just starting out, you tend to soak up all the information that you can. The most significant problem is there’s no simple way to tell the lousy advice from the good advice. Sometimes experience is the only way to figure out the difference.

To share lessons they’ve learned in their business careers, 13 professionals from Young Entrepreneur Council reflect on the following question:

What’s the worst piece of business advice you’ve ever heard, and why was it so harmful?

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Don’t Make These 6 Mistakes When Starting a Business | AllBusiness.com

There are so many different articles on how to be successful when starting a business. Most of them, in my experience, are either too long or they are outdated. I am a millennial female entrepreneur—I don’t have the patience for lengthy documents and I think that most of what worked for a company that started 20 years ago is antiquated (sorry, but it’s true).

The biggest mistakes I made in starting my own company were not any of the things I could have read in one of those articles. In fact, they were random, big mistakes that have cost me a lot of time and money to correct.

So here it is, for all you nuevo go-getters out there, a short and not-so-sweet list of my six biggest mistakes when starting a business. Please don’t make them.

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