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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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12 Reasons You Need a Business Plan
Running a business can be unpredictable, which is why having a solid business plan as a foundation is vital to surviving and thriving in the early days of your startup. Eric Butow, CEO of online marketing ROI improvement firm Butow Communications Group, has teamed up with Entrepreneur Media to write…
Chris Hemsworth Used to Bomb Auditions. Then This Mindset Shift Made Him a Movie Star, and the Founder of a $200 Million Startup.
Great movies always have a scene that screenwriters call "The Dark Night of the Soul." It's that spot where the hero questions not just what they're doing, but why they're doing it. Why they're doing anything. It resonates because we've all had our own dark nights.Chris Hemsworth had one about…
4 Strategies for Crafting a Business Plan That Attracts Investors
According to data from Teten Advisors, the median investor in private companies reviews over 80 opportunities in order to make a single investment. As someone who has been working in private equity and investing for over three decades, I can confirm that this number sounds about in line with my…
Retired Couple Shares Side Hustle That Brings in Thousands a Month
Say you're retired, living in a "little tiny" agricultural town with a population of 800 people, caring full-time for your spouse who recently suffered debilitating strokes — and you'd like to make $80,000 more dollars a year. As it happens, that would make you a lot like Patricia Farris, who…
55 Small Business Ideas to Start in 2023
Many Americans dream of starting their own businesses. Indeed, running your own enterprise from your home, your garage, or from an office means you've achieved total control over your professional destiny. It's no wonder lots of people save up cash and spend their days dreaming about new businesses to build.But…
Understanding the Latest Trends in the Global Energy Industry
From the energy proposals in the Inflation Reduction Act to new concerns about fuel dependency following the war in Ukraine, it's been a hectic couple of years for the energy industry, both in the United States and globally. There are several important current trends worth keeping an eye on in…
3 Practical Ways AI Can Work for You
The parabolic growth of accessible AI tools has intriguing implications for businesses. Analysts imagine that generative AI, for example, will have a massive impact on productivity across multiple business functions. Many organizations are scanning the horizon for a long-term AI-fueled transformation, eager to make the most of bullish CAGR projections.…
Passive Income 101: A Beginner’s Guide to Building Wealth on Autopilot
In the realm of financial stability and freedom, passive income reigns supreme as a powerful tool for beginners seeking to build wealth effortlessly.By understanding the nuances of passive income and its vast potential, budding entrepreneurs can pave their way toward financial independence. This comprehensive guide aims to decode the world…
Anthony Sullivan and Tina Frey Share the Secrets of a Killer Pitch
Who says there are no second chances in life?On our hit show Entrepreneur Elevator Pitch, contestants are challenged to step into an elevator and pitch their business to a camera in 60 seconds or less. On the other side of that camera is our board of investors. If they like…
Branding in a ‘Barbie’ World — How Mattel Succeeded in Its Branding
Hi, Barbie!The "Barbie" movie was magic in a bottle (or, more aptly, magic in a box with a cellophane front), but not for the reasons you think. Its box office didn't break $1 billion just because of its great branding — it was a fantastic product, full of heart. Yes,…
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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…