Entrepreneurship is the lifeblood of any capitalist economy. In the United States, there are 627,000 new businesses every year. Unfortunately, not all of them survive. An estimated 595,000 businesses shutdown each year as well. There are a number of reasons that many new businesses don’t last. In other posts, I have mentioned that 82% of businesses fail due to cash flow problems. However, the statistic is not particularly useful, because there are countless reasons for cash flow … [Read more...]
Your Guide To Launching Your Own Marketing Agency
Readers of this blog are no strangers to entrepreneurship. Yet, the thought of translating your entrepreneurial desire with an actionable plan may be intimidating to a lot of us. This is especially true for service based businesses that rely on face-to-face meetings with customers to make money. You will need all the elements of an entrepreneurial mindset to make this work. Starting up a marketing agency is one of the more popular business ideas. You do not need a lot of capital … [Read more...]
How to Build Startups from Scratch: Tips and Tricks
Do you understand the significance of zero? It’s the starting point from which you embark on your journey. Big shots like Steve Jobs, Bill Gates, Mark, Oprah Winfrey and Mark Zuckerberg all started from zero. With consistency and perseverance, they reach where only a few manage to achieve. The journey from being nothing to being the talk of the town requires not only hard work, but also the smart work. You have probably seen the articles which emphasize maintaining consistency in your … [Read more...]
3 Powerful Lessons for Novice Freelancers and Entrepreneurs
Almost five years ago, I started working full-time as a freelance writer. Joining the community of freelancers was completely unintentional, but a necessity. I was a co-founder of a startup that went belly-up. And I experienced something that every entrepreneur has to learn to stomach and recover from: the dark, miserable low of failure. Opportunity Literally Calls As I watched my company piffle out, I began looking for ways to pay the rent. Then my phone rang. It was a partner at one … [Read more...]
5 Sales and Marketing Tips Any Startup Will Find Helpful
We all know that when it comes to sales and marketing, startups face a lot of limitations, particularly in respect to their budgets. In addition to budget constraints, there are the limitations of manpower and the lack of experience and qualified professionals to look after the marketing wing. Most startups invariably encounter these stumbling blocks when marketing their products and services. But in spite of these challenges, companies can give their marketing efforts a performance … [Read more...]
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