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Your Guide to Gaining a Competitive Edge and Succeeding as an Entrepreneur Over the Next 5 Years
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…
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Inside Emptio Home Decor’s Shopkeeping Success
When Eileen Carew decided to open her own home decor store a year ago, she took on that role that many entrepreneurs find themselves in: the do-everything person. "I'm the founder, curator, shopkeeper, and strategist," she told Entrepreneur. "Every aspect, from sourcing inventory to designing the customer experience, reflects my…
What to Know Before You Sign a Franchise Deal
When it comes to franchise ownership, a common misconception is that potential franchisees are "buying themselves a job." After all, don't you just need the startup capital and a list of brands to choose from? Not quite.Of course you need to be able to finance your new business — but…
Why the National Thoroughbred League Is a Sports Investment Unicorn in the Making
Many founders enter a new industry with dreams of disruption. But when Randall Lane and Bob Daugherty launched the National Thoroughbred League, their goal was different: to elevate a legacy sport that's long been iconic but largely unchanged.Horse racing is one of the oldest sports in history. But at a…
The 10 Best Low-Risk Business Ideas for Retirees
Retirement is an excellent time to explore long-held interests, leverage decades of experience and even generate supplemental income. At the same time, starting a business can seem daunting, conjuring up images of hefty investments and long hours. But what if you could achieve success without draining your nest egg or…
6 Small Business Ideas You Can Start With Just $1,000
Starting a business doesn't have to mean raising big capital or inventing something new. Sometimes, the best opportunities are right in front of us — like helping other businesses show up online where it really counts.In this article, I'll give you six ideas to start a small business for under…
Why I Walked Away From a Career to Start My Own Business
I understand that you might be more focused on developing your career and considering how others perceive your success and growth. That's natural — the world we live in often equates validation with progress. But I'd like to take a moment to share a bit of my journey with you.For…
4 Things I Wish I Knew Before Starting My Own Business
No matter how gifted or driven you are, starting a business is hard, taxing work. In 2021, I left my 21-year career in finance and became a success coach, leadership consultant and author. I'd heard the statistic that 90% of all small businesses fail, but I thought starting my business…
Entrepreneur+ Subscriber-Only Event | May 7: From Prompt to Profit: How To Build a Side Hustle Using ChatGPT
On Wednesday, May 7th at 1 PM ET, the Founders of Mitts, Lee Kojanis & Danielle Orellana, join us in our next Entrepreneur+ Subscriber-Only Event!In this exclusive event, they'll reveal the AI blueprint that turned a simple sponge idea into a successful business earning $75K, and how you can use…
Top Financial Mistakes New Entrepreneurs Make
Starting your own business is an adventure — equally thrilling, terrifying, and eye-opening. Whether launching a passion-fueled startup or opening your first franchise, financial management can feel like juggling blindfolded while walking a tightrope. But with the right tools and savvy know-how, even the most novice business owner can become…
Become a Unicorn in Your Industry by Mastering These 4 Pillars
If you're a business owner like me, one of the things we all share is the desire to be the best in our line of work. Correction: the best of the best. You want to be a truly exceptional company in your industry, one that outperforms, outdelivers and outshines your…
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Creative Ways Startups Can Earn Funding in Tough Economic Times
In a declining economy, startups face an uphill battle when it comes to securing funding.…
I Asked AI to Create a Plan for a Fake Company — The Results Blew Me Away, But Not in the Way You Might Think
With all of the recent news about artificial intelligence (AI), it got me thinking about…
Ideas To Transform You From Good To Better To Best
A while back, I took a couple of my grandchildren on a tour of the…
5 Crucial Challenges Startups Must Overcome
Startups face numerous challenges on their journey to success, and failing to overcome any one…