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Be ready with your elevator speech when the opportunity arises. In her “Message guide: A tool every small business can use” post, Jeanne Yocum mentioned elevator speeches. The term ‘elevator speech’ seems to be a variant of ‘elevator pitch,’ which conventional wisdom suggests originated with technology-based start-up entrepreneurs who wanted to be ready in case they had a chance elevator encounter with a venture capitalist. "Since I’ve helped entrepreneurs in the corner of a garage and business leaders in the corner office to develop this essential 30 to 60 seconds of pre-planned
Starting a business in the next 12 months is a smart move, despite fears of a recession or inflation. Read this blog by small business expert Rieva Lesonsky to learn why.
While digital transformation offers many benefits, it also comes with many challenges. For instance, investing in technology also increases cybersecurity risks. AI and machine learning have been known to potentially increase the attack surface for hackers, while big data and the cloud hold lots of information, which can pose a considerable risk in the wrong hands.
To help you see the benefit of mentorship, we asked entrepreneurs this question for their best insights gained as mentees. From owning your own mistakes to breaking big goals into small steps, several pieces of advice may help you shape your career and personal life into success, just like the entrepreneurs who shared them
To help Black-owned businesses identify the best funding sources available, we asked CEOs and business leaders this question for their best insights. From the iFundWomen of Color Program to Reign Ventures, there are several options available particularly for Black business owners to secure funding for their businesses.
To help you best support Black-owned businesses, we asked Black business owners and leaders this question for their best recommendations. From promoting Black-owned businesses on social media to providing Black founders with more access to funding, several recommendations may help you offer the best support to Black-owned businesses as you celebrate National Black Business Month.
To help you develop the best habits for success as an entrepreneur, we asked successful entrepreneurs and business owners this question for their best insights. From learning to make quick decisions to demonstrating moral courage, several habits are considered important in making entrepreneurs successful.
If the past few years have taught small business owners anything, it’s the unpredictability of life. Assuming that your SMB weathered the pandemic, you are understandably concerned about shoring things up ahead of the next crisis. If you’re starting your own company, you’ll want to adopt a few tried-and-true practices to guard against the unexpected.
According to Business Jargons, an online business encyclopedia, it’s often harder to start a business in rural areas, due to several factors, including a lack of technical know-how and training. But the encyclopedia also points out that several businesses are particularly well-suited for those living in rural America.