Browsing Tag
scale your business
36 posts
5 Ways to Leverage Crypto to Scale Your Business
For businesses to grow and scale, they need to find new and innovative ways to improve their products and services and make their business processes more efficient. One way that many businesses are achieving these goals is by tapping into the world of cryptocurrency. Cryptocurrency adoption among businesses and consumers has never been higher. It...
As You Scale Your Business, What Role Will Content Play?
There’s a startup renaissance going on right now, and it doesn’t seem to be slowing down any time soon. 2021 was a record year for U.S. venture capital, with investment nearly doubling year over year and first-time, early stage financings on the rise. But that doesn’t mean it’s getting any easier to start your own...
Business Growth 101: How To Scale Your Online Operation
E-commerce is a scary industry. Today’s technology dictates that small businesses are no longer simply competing with their brick-and-mortar rivals down the street -- they’re battling on a global scale. Of course, the strategies which you (the business owner) can deploy are nearly limitless and ever-evolving. All part of the fun, for sure. So, with...
Is Your New Business Ready to Grow? Take These 3 Steps First
If entrepreneurship were juggling, most companies would be one dropped ball away from the act falling apart. Why? Because entrepreneurs add elements into the mix without acknowledging the tipping point. Growing too fast is not about scalability; it's not good for business. Despite this grim reality, companies old and new routinely grapple with the consequences...
How to Scale a Business Successfully in 4 Simple Steps
As a new founder at the beginning of your entrepreneurial journey, you have many tasks at hand and little bandwidth to do them all. There are countless responsibilities, from everyday tasks like investor pitch decks and elevator pitches to longer-term tasks like business plan revisions, product launch strategy and much more. How do you know if...
How to Use CRM and Marketing Automation to Improve Your Scalability
Automation has become a business essential. For entrepreneurs looking to grow their business, the question always is, “How can I work smarter, not harder?” That’s where the power of marketing automation and your customer relationship management (CRM) comes into play. With such high demand to cut down on costs while increasing profitability, businesses are turning...
Scaling Your Bootstrapped Business: 3 Tips for Lean Entrepreneurs
Like most entrepreneurs, you have likely spent hundreds of hours developing skills to build your business. By the time you start turning a profit, you’re likely to spend thousands of hours and dollars trying out different business models and seeing what works for you. Many entrepreneurs who start turning a profit think that the hardest...
Is Your Business Scalable? Why the Answer Matters to Potential Investors
Financing a small business initiative by offering investors a percentage of ownership equity in your business is called equity financing. When angel investors or an equity firm invest in a company, they don’t do it for a loan payment. They do it for a percentage of ownership, or equity. And, instead of periodic payments, the...
How to Boost Your Startup’s Profitability with This Old Improv Trick
Where does revenue come from? And how can we make more of it? When you’re building a business, everything comes down to these two questions. The more specifically you can answer the first, the more opportunities you’ll see to answer the second. To see the big picture, you have to get small. You need to...
Master These 5 Communication Skills to Help Scale Your Business
Communication is frequently cited as one of the most important soft skills that business professionals need. It ranked fifth on the list of Udemy’s fastest-growing soft skills for 2020, with 40% of companies planning to invest in training employees on better communication and storytelling. As an entrepreneur, this skill is critical. It’s up to you to...
How to Maximize Your Profitable Growth in Your Chosen Market Segments
The following is excerpted from "Choose Your Customer: How to Compete Against the Digital Giants and Thrive" by Jonathan L.S. Byrnes and John S. Wass, pp. 141-145 (McGraw Hill, May 2021). You are what you sell. Your customers are the front-wheel drive that pulls you through your marketplace. All too many companies today implicitly assume...
How Startups and Entrepreneurs Can Use TikTok to Grow Their Businesses
TikTok has risen to new heights in recent years with its short-form videos: the app is now available in over 150 markets across the globe, in 75 languages and has over 689 million active monthly users. Internet usage has spiked amid the pandemic, and TikTok remained the most downloaded app in Q1 of 2021. As people seek...
This Entrepreneur Shares How to Start a Six-Figure Side Hustle
Plenty of side hustles can earn you a bit of side income, but only some have the potential to reach six figures per year, especially if you’re working a full-time job, too. After growing my own side hustle to multiple six figures per year, I’m going to share how to brainstorm and launch your own...
Bloomscape and 2021 Midwest Venture Showcase: Successful Startups are Blooming in Our Region
Welcome back to another brand new episode of StartupNation Radio! Today, Jeff is joined by frequent co-host, Norm Pappas, president and CEO of Pappas Financial. First up, the two welcome Justin Mast, founder and CEO of Bloomscape, to StartupNation Radio. Later in the show, Jeff chats with Phyllis Ellison about an upcoming event, the 2021...
This Entrepreneur Shares How She Bootstrapped Her Startup (and How You Can, Too)
There are several different ways a startup founder might fund his or her business, including series funding, crowdfunding, loans, venture capital and angel investments. Bootstrapping is another option. As an entrepreneur, investment advisor and consultant to startup founders, I understand that each startup is different. There is no one “best” way to fund your business....
How This Baker Went From an Online Business to Opening a Storefront
Rachel Dunston is the talented entrepreneur behind Rachel Makes More Cake, a popular bakeshop in Clovis, California. Dunston began her business on Instagram, posting photos of her uniquely decorated cakes and taking orders for local pickup and delivery only. Recently, she’s made the shift from an exclusively online business to a brick-and-mortar storefront. Dunston shared...
4 Powerful Reasons Why You Should Offer a Subscription Service
Building and running a successful business is tough. You’ve got to have a solid strategy, an amazing offering and a strong team to help you hit the market hard. And while advancements in tech and marketing tools have been made, they’ve also created a more competitive landscape in almost every industry. The same advancements have...
How to Make Your Business Disruptive with Speed and Efficiency
As children, we are told we need to dream big, make the world a better place, solve a problem. If, like me, you are an entrepreneur, you took these speeches from teachers or parents to heart and have been looking for problems to solve ever since. Fast forward to present day, and you’ve narrowed all...
How to Determine if Your Product Idea is Business Worthy
Every new product or business starts with an idea. Hopefully, this idea will be the seed for success and given the proper care and maintenance to bloom. But how do entrepreneurs determine if their idea is worth taking to the next level? Coming up with a unique idea is one thing, but transforming that idea...
8 Things Every Entrepreneur Should Know About Outsourcing
Outsourcing can save a lot of time and money, but hiring outside experts for the wrong tasks can also negatively impact your business. Here’s how eight business leaders and advisors in The Oracles decide what to outsource and what to keep in-house. Consider how your needs will evolve By outsourcing, entrepreneurs can operate in ways that used...