Browsing CategoryBusiness

What Does it take to Become an Entrepreneur  

With more businesses being created than ever before the idea of being an entrepreneur is something that thousands of Americans are trying to achieve. The life of an entrepreneur certainly looks like a good one, owning your own company, becoming rich, working on your own terms and heading up an influential or popular brand. Not everyone has what it takes to complete this tough challenge however and as John Bradberry, an entrepreneurial consultant who works with individuals to improve their chances of success, recently told us, there is just a one or two percent chance of becoming a successful entrepreneur.…

How to Assess What Your New Business Should be Outsourcing

Almost every business needs to outsource some areas of its operations, this could be anything from HR, wages or logistics and smart outsourcing can help your business to run more effectively and reduce costs. With that being said, many businesses make poor decisions and over-outsource or fail to outsource at all, both of which can cause problems for businesses. In your first few years in business you will be most at risk of failing and it is important therefore that you make smart choices when it comes to what areas of your business that you should be looking to outsource.…

The elusive new customer: How to tap into the hardest market

Take a look at any successful, thriving business and one thing will become abundantly clear – they have a clear strategy when it comes to targeting new customers. New customers are the bread and butter of pretty much every business out there – without them, growth is hugely difficult and it’s one of the reasons why companies are so happy to invest huge amounts of money into this segment. Additionally, if you were to analyze some of the tactics used by leading business strategists like JD Dukes, it would soon become clear that new customers are at the forefront of…

Successful Small Businesses Do These 5 Things Right

Anyone who’s tried to start a small business knows how much entrepreneurs need to keep strong. When you have many things competing for your attention at once, it’s all you can do to figure out which need to be addressed immediately and which can wait for a slightly less hectic time. (If such a time ever comes.) Through trial and error, you’ve also probably learned where your company excels, where it can do better, and what it needs to get done to increase its chances of crossing the startup death zone and emerging as a viable concern for years to…