Browsing Category
Plan Your Business
1458 posts
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...
5 Strategies for Building a Great Startup Team
The way you treat your employees, their time, skills and abilities in the early phases of your union as a team influences the rest of your company's course of action. Mark Zuckerberg once said, "The most important thing for you as an entrepreneur trying to build something is, you need to build a really good...
WJR Business Beat: Job Switchers Rewarded with Higher Pay (Episode 406)
On today's Business Beat, Jeff Sloan talks about how it's going to be more difficult and costly for small businesses to hire the best talent because job switchers during the pandemic have seen significant salary hikes. Tune in to today's Business Beat for more: Tune in to News/Talk 760 AM WJR weekday mornings at...
How Pitch Videos Can Help Your Startup Get Funding
When you’re about to launch a startup, gaining the interest and support of startup investors is an important element in becoming a successful brand. These days, videos are a great way of communicating information and landing you anything from seed funding to crowdfunding. After all, a great pitch video can grab your investors’ and consumers’...
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...
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...
Reselling Basics: 6 Priceless Tips to Get Your Business Going
We live in an exciting world where it’s pretty straightforward for anyone with an entrepreneurial spirit to start a business. However, you don’t need a groundbreaking idea to launch a company; you can resell other brands’ products. That’s an excellent way to get your business going without starting entirely from scratch. Many people rely on...
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...
Why and How Companies Must Prepare for ESG Investing
Historically, revenue, capital growth and safety of returns have been the key determinants used by investors when making any investment decision. And, that still holds true – but there is a new factor that investment firms are increasingly taking note of when making their investments and that is known as ESG investing. While ESG investing...
More Money Isn’t the Only Thing That Will Attract Quality Employees
As a business owner, you are constantly battling with how to boost profits and productivity without increasing costs. Commonly, the first adjustment that comes to mind is within your own team. Finding quality staff members is valuable, though these workers often come at a higher price. Paying your staff more than your competition can certainly...
The Importance of a Having a Business Mentor When Starting Up
As an entrepreneur, you have a fierce independent streak. It’s how you got your business off the ground in the first place. However, there will come a time where you hit a wall when it comes to growing your business. When you reach that point in your journey, it’s important to have a business mentor to...
Your First 6 Months in Business: A To-Do List
Getting your business off the ground is an exciting journey, but it’s not without challenges. There are a lot of moving pieces, a lot of decisions need to be made and a lot of money needs to be spent. If you’re not ready, it’s easy to be overwhelmed. So much of getting your business running...
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...
How to Channel Your Skills and Find Your Best Side Hustle
Are you ready to test the waters of entrepreneurship? Start with a side hustle. Having a side hustle gives you security, reassurance, diversity of income, and most importantly, it gives you the possibility for something more than just the mindless 9 to 5. Since a side hustle is really a business at it’s core, I’m going...
Why You Should Start a Business to Solve a Common Problem
Silicon Valley is known for its revolutionary ideas, grandiose statements and ability to challenge the status quo. By now, we’re all familiar with the classic persona of the Bay Area-located, hoodie-wearing techie, who tells their team to “move fast and break things” in order to “disrupt” entire industries. However, what those promising to change the...
WJR Business Beat: The Most Popular Startup Type State-by-State (Episode 395)
On today's Business Beat, Jeff Sloan reveals the top choices for startups across the United States. Can you guess what Michigan's is? Tune in to today's Business Beat to learn the most popular startup choices: Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat. Listeners...
Successful Medical Startups: What You Need to Know From Someone Who’s Been There
Launching any new business venture requires a fair amount of strategic planning, especially considering that only 50% of all startups survive beyond 5 years. A medical startup aimed at an industry as regulated as that of health care, however, requires even more. Between navigating various federal regulations as well as the differences in those regulations...
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...