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Inspiration for Entrepreneurs
1217 posts
The Value of Home-Based Businesses to Economic Recovery
The challenge of America’s economic recovery, in the wake of the COVID-19 pandemic, is to spread it to every community – and especially those that have been historically excluded. The key to meeting that challenge is to appreciate the civic and economic value of an overlooked resource: home-based businesses. There are about 16 million home-based...
11 Self-Made Millionaires Reveal the Best Advice They Ever Got
These millionaires and advisors in The Oracles have had some super-smart mentors; so we asked them for the best advice they’ve ever received. Here’s what they told us — and how it led to their success. StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here “You’ll never succeed without me” The best...
A Q&A with Ryan Close of Bartesian: Creating and Marketing a Game Changer
Bartesian started as a dream for Ryan Close. But in just a few years, his cocktail company had 975% year-over-year growth and more than $50 million in sales. The business is a media darling and has been featured in such publications as Forbes, Esquire, People and others. And not just every product lands on Oprah's...
6 Successful Dealmakers Provide Top Tips on Raising Capital
Bootstrapping will only take your startup so far. Many businesses underestimate how much money they really need to keep going and growing, and they run out of runway. When raising capital, these investor-entrepreneurs and members of The Oracles share their best secrets, tips and strategies. 1. Soul-search For me, it’s all about enthusiasm. You need to show...
Don’t Quit and Other Lessons from a Wantrepreneur Turned Entrepreneur
I’ve tried many businesses and side hustles over the past 15 years. I’ve mowed lawns, was a DJ at weddings, negotiated real estate deals, started an e-commerce business, and many others. Some of those endeavors made me money, but others didn’t. Now I have a successful digital marketing agency. People often ask me how I...
How to Bootstrap Your Side Hustle into a 6-Figure Business
How do you successfully bootstrap a side hustle into a six-figure business? Building a wildly profitable business is simpler than you might think. With the right business model and strategy, you can build a successful side hustle that doesn’t require any external funding and turn it into your full-time job. Here’s how I did it...
How Startups Can Balance Social Impact and Profit
Professor Henrietta Onwuegbuzie of Lagos Business School claims, “Being purpose-driven helps companies grow faster and make more money.” But what exactly does it mean to be a purpose-driven business, and how can startups balance social impact and profit? StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here Why social impact is...
11 Reasons Why You Need a Side Hustle
Side hustles aren’t new, but they’re more popular than ever. Especially now, with so many ways to make money online, more and more people are deciding to pursue a side hustle. A 2021 survey from Dollarsprout showed that 57% of Americans have a side hustle. Why is this becoming more common? While everyone has their...
Build on Your Uniqueness to Turn Talent Into a Thriving Business
When I started out as a trader in 1997, I barely knew how to do it. The first time I went to the bank to buy stocks, the lady at the counter had to explain to me the basics of trading and bid ask concepts. Eleven years later, I won the World Cup Trading Championships...
8 Ways to Avoid Burnout When Starting a New Business
We’ve all felt burned out at one point or another — that feeling of total fatigue, both mental and physical, which comes from working ourselves too hard. Soon we’re experiencing symptoms like depression and exhaustion, feeling cynical and adrift. It’s ironic that at the point of burnout, the harder we work on something, the more...
10 Tips on Running a Successful Crowdfunding Campaign for New Entrepreneurs
Over the past decade, crowdfunding has revolutionized the way startups generate capital and secure investment. In fact, in 2019, the global crowdfunding market reached a massive $13.93 billion, with this figure estimated to triple to $39 billion by 2026. It’s no surprise then that everyone wants to get in on the action, and today, there...
5 Strategies to Turn Around a Program Launch That Isn’t Working
If you’re a few days into your program launch and you’re disappointed by lack of results, don’t waste your time by wallowing in what you think is failure. Before diving into these five steps, first recognize that no matter the situation, your launch is not a failure. I like to tell my clients that every...
How to Build and Fund a Startup as a Black Woman
Securing funding for a startup relies heavily on the connections you have among investors, as well as your ability to attract attention to your business. What happens when those investors are mostly upper-class white men, and you are not? It can be difficult for people of color, women, and working-class backgrounds to find investors for...
11 Tips to Master Self-Discipline and Rid Yourself of Bad Habits
Warren Buffett said: “Chains of habit are too light to be felt until they are too heavy to be broken.” It’s far too easy for bad habits to derail our businesses, health, finances, relationships and happiness. Just one bad habit can be the bad apple that spoils a dozen good ones. Here’s how top entrepreneurs...
Why Grit is Essential to Your Success as an Entrepreneur
For entrepreneurs building a business, the initial startup stage is an exhilarating time: you’re energized by your idea and engrossed in building the business. It feels like it’ll always be fun. The hard truth is that in building any business, there are peaks and valleys. When you hit a valley, it can be difficult to...
Why Being True to Yourself is a Winning Strategy According to 9 Wildly Successful Entrepreneurs
In business and in life, we face outside pressure to conform every day, so it's not always easy to stay true to yourself. But for these successful entrepreneurs and Advisors in The Oracles, being unique is exactly what led them to greatness. Here's how to follow in their footsteps. Choose your own path My greatest strength...
Four Ways to Transition from Employee to Entrepreneur
Are you ready to make the leap from an employee to entrepreneur? Maybe you have a great business idea, you hate the rat race of the corporate world, or you just want more professional freedom. Whatever the reason, you may be wondering how you can make the transition a little bit smoother. No matter how...
Blo Blow Dry Bar CEO Shares Advice for Aspiring Female Business Leaders
Women have a history of creating and inspiring change – from writers to politicians to business leaders. And many have founded businesses that began as a passion and have now grown to become industry trailblazers. I may not have thought I would become the founder and CEO of a global business, but I have led...
Entrepreneurial Closers Don’t Let Perfection Stand in the Way of Completion
Closers aren't just the attention getters who make the deal. I want to talk about the real deal: Closers who get things done. Everyone is in awe of closers. However, we all associate “closers” with sales. I have always loved watching the ease and grace some people seem to have in the sales process. People...
LIT Method’s Taylor Norris Shares Business Tips for Aspiring Women Entrepreneurs
Passion, vision, trust -- and being prepared for anything -- are the key drivers fueling women entrepreneurs. Every day is International Women’s Day in my mind. While it’s wonderful to have a holiday highlighting our contributions, for me it’s also a reminder of the women who’ve helped get me to this point — but whose...