The chief pursuits of any business are basically twofold; deliver value to the company and its shareholders and delight its customers with a product or service they want and need. To achieve these goals there are a few things every company needs to do; possibly the most important of which is to recruit, develop and retain top talent. Read the full entry
The impression you make boils down to how well you communicate your value to others, and it happens within a few split seconds (Tweet This!). With that in mind, I asked 13 members of the Young Entrepreneur Council (YEC) to share their top tips for becoming a master networker, no matter the setting: Read the full entry
The modern world of business can be a treacherous and confusing place. Strange customs and bizarre rituals abound in this maze of cubicles. Knowing a few select phrases can be the difference between getting the corner office or ending up in the unemployment line. Our teams of researchers have selflessly risked it all to compile this list:
Taxes regularly top an entrepreneur’s list of concerns –a study on business optimism in January 2013 sponsored by the NFIB found that 24% of respondents listed taxes as their most pressing problem (Tweet This!). Starting and running a business is already expensive enough, and a looming tax bill just makes that financial burden worse. But before you start to panic, keep in mind that there are certain tax strategies new small businesses can use to help cut down their tax bill. Read the full entry
It’s a classic e-commerce mistake: You’re sure your customers are interested in that great new product idea…so sure you log dozens of man hours rolling it out online and pinging your subscriber list with a discount code, waiting for the sales to roll in.
But they don’t. Not one.
Before you spend time and resources developing a new product or offering, you need to make sure your customers want what you’re selling. Read the full entry
69% of people waste time every day at work (Tweet This Stat)
Whether you own a budding small business, run a busy HR department, or manage a distracted sales team, it’s no surprise to you that the office is saturated with distraction. From social media sites to unnecessary meetings, the modern workplace is full of distractions keeping us from completing our tasks. Take a look at our Time Management Infographic and find out which office hurdles are major interferences and what you can do to achieve company-wide productivity.
A big part of being an entrepreneur is working in an environment with like-minded, interesting people. But an environment like that doesn’t just materialize overnight — like anything else, you need to work hard to make it happen.
Curious about how other entrepreneurs went about creating a culture of “intrapreneurs” within their own startups, I asked a panel of 12 founders from the Young Entrepreneur Council (YEC) to share their top trick. Their answers are as follows: Read the full entry
For road warriors and nonstop CEOs, the iPhone has practically become another appendage. Whether you’re in the office, on a train or in another state, you’re always searching for ways to successfully run your small business. Take a look at these free or inexpensive business apps that tap into the mobile experience – no matter where you are – and help improve productivity and efficiency all day long. Read the full entry
It’s the start of a new year; a time to implement that budget you so painstakingly itemized out with senior leadership a few months prior. If you’re like many businesses, you’ve scrutinized every facet of the business and identified how you’re going to tweak your existing products to maximize revenue and profit. Similarly, like many other businesses whose time is running short, you could find yourself at the end of 2014 getting passed up in the marketplace by competitors while you try to squeeze every penny out of shrinking lines of revenue.
But, your plan was so detailed and the month-to-month incremental growth seemed so achievable. What went wrong? Read the full entry