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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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5 Recession-Proof Businesses to Start in a Turbulent Economy
Economic downturns are no joke. Recession throws a massive cog in the proverbial wheels of several established entrepreneurs as well as new startup owners. A recent study by Startup Genome found that a staggering 74% of startups saw their revenues plummet since the pandemic. Even more grim is how many…
7 AI-Based Business Ideas That Could Make You Rich
In today's rapidly changing landscape, technology has seeped into nearly every aspect of our lives. One of the most influential technologies of the 21st century is Artificial intelligence (AI). It's no surprise that AI is revolutionizing various sectors, including healthcare, transportation, entertainment, and more importantly, business.So, if you're an entrepreneur…
Is the Customer Always Right? How to Understand Customer-Centric Thinking to Drive Engagement
Imagine a world where mattresses aren't just about sleep but are associated with beauty, stress relief and overall well-being, where millions of data points can predict when the "next big thing" is right around the corner. This is the world today, driven by ever-evolving consumer preferences, where companies strive to…
How to Boost Customer Loyalty With This Secret Customer Service Technique
When you're fortunate enough to stay at a true Five Star hotel or resort, why do you feel so well taken care of from the moment you arrive until the moment you check out?There are multiple reasons. But one of them, which I've branded The Gold-Touch Customer Service Technique, is…
Why Book Covers Are Making a Comeback
In the digital age, the prevailing wisdom has long been that book covers matter less. With online buying removing bookstore browseability and thumbnails shrinking designs into insignificance, cover art and typography were deemed less critical. But in 2023, an intriguing reversal is underway – book covers are making an emphatic…
3 Peloton Instructors Share Their Success Strategies
At the onset of 2020, a few months before the COVID-19 pandemic, I purchased a Peloton bike. Little did I know that the company would spike in sales later that year, Peloton bikes and treads would be out of stock, and Peloton instructor names would become "household names." My "lockdown"…
One Doctor’s Sleep Solution to Get Happier and Healthier
In this ongoing series, we are sharing advice, tips and insights from real entrepreneurs who are out there doing business battle on a daily basis. (Answers have been edited and condensed for clarity.)Who are you and what's your business?I'm Dr. Lloyd Glauberman, a Manhattan-based psychologist in private practice specializing in…
10 Things to Consider When Shopping for a Coworking Space
This story originally appeared on Under30CEO.comThere are many benefits to having a coworking space, whether you're shopping as an individual or on behalf of your business. But if you want to make the right decision, you'll need to make sure you're comparing spaces logically and methodically.That decision is more difficult…
Want Maximum ROI For Your Franchise? Try Harnessing These Franchise Trends
Operating a small business has become increasingly competitive. With a limited market share, small businesses must understand their market while creating a memorable customer experience and leveraging technology.Additionally, they must develop a robust brand or franchise with an already established brand to stay competitive. Whether franchised or independent, developing solid…
How to Fall Back in Love with Your Business
Early in my entrepreneurial journey, I found myself stretched very thin and losing my enthusiasm. I was trying to figure out, "Who will I be when I grow up?" I was a coach, coaching a variety of clients with a variety of needs. A couple of clients were executives struggling…
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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…