As an entrepreneur, you must stay ahead and anticipate the future. To do this, you must refine your current skills and understand successful business practices while sharpening the most important skills you should master in the next five years.From recognizing potential opportunities to adapting quickly to change and maximizing resources for growth, you'll be better equipped to take your business…
Like many parents, I thought things would get "back to normal" after the pandemic. My kids would start attending school in-person and I'd finally be able to get my work done during the day without any interruptions.I was wrong. Sure, my kids are back in school. But they're still home…
When you're getting a new business off the ground, selling it is likely the last thing you're thinking about.However, the truth is that it's much easier (and much less costly) to develop your exit plan from the start than it is to restructure your company to sell. For business owners,…
Not everyone can or should become a franchise owner. It may seem like franchisors are overly aggressive in trying to sell franchises to new owners; however, a good franchise company is not looking to award a franchise to any random candidate who can afford the franchise fee.Like any good business,…
Laid-off workers are using their severance packages to fund new businesses. That can be a smart move in a bumpy economy — with the right skills and a deliberate approach.Some 4.4 million new businesses are started each year. A record 5.4 million of them started in 2021, as generous severance…
Today's businesses need to focus on more than just getting the all-mighty dollar. With the rise of corporate social responsibility (CSR) and sustainability, companies are expected to do more for their communities and to give back. A tricky feat, but necessary for companies that want to stay relevant and successful.…
Unlocking the power of YouTube marketing can be a game-changer for small businesses looking to maximize their return on investment (ROI). This article explores the strategies and tactics that can help small businesses transition from mere views to valuable conversions on YouTube. Discover how to leverage this dynamic platform to…
A 2023 Verta survey found that 66% of businesses plan to either increase or maintain their artificial intelligence/machine learning spending over 2023. Pair this with the oft-cited 2018 Gartner survey that predicted 85% of AI projects would fail to deliver on their initial promises through 2022, and you have a…
There are a lot of pieces that go into building a thriving company. But the reality is even the most well-meaning CEOs can't guarantee success. Early in my career with Truly Free, I believed the right product and a solid social impact story would equate to revenue growth.I quickly found…
The following is an excerpt from The Ultimate Guide to Instagram for Business, 2nd Edition by Kim Walsh Phillips, on sale now.The Power of Stardom: Leverage Your Instagram Account to Strengthen Your Celebrity, Authority, and Expert Positioning Attaining celebrity status is not about an ego boost (although I'm not going…
Launching a product is a thrilling milestone for any startup. And it's the most obvious time to use PR to support your quest for world domination, along with the impending funding announcement that will no doubt follow. But what if you have a pre-launch startup?For example, Airbnb used press releases…
In a declining economy, startups face an uphill battle when it comes to securing funding.…
With all of the recent news about artificial intelligence (AI), it got me thinking about…
A while back, I took a couple of my grandchildren on a tour of the…
Startups face numerous challenges on their journey to success, and failing to overcome any one…
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