The Most Successful Entrepreneurs Are Able to Both Start Small and Think Big

Don’t boil the ocean — try a pot of water first. July 6, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. Some entrepreneurs are great at communicating a big vision for their startup, while others are good at finding a place to start. But, the best — and most successful — entrepreneurs are those who are able to strike an exquisite balance between that big vision — Version 5.0, if you will — and a high-traction starting point, or Version 1.0. Related: 25 Common Characteristics of Successful Entrepreneurs After all, while investors, customers and strategic partners want to know they’re part of something impressive, big ideas won’t get your business airborne. So, it’s crucial for visionaries to also be “execution artists” who understand the do it/try it/fix it mentality of getting a minimum viable product out in front of customers, generating revenue traction and plotting a […]

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Basic Blockchain Lingo Every Entrepreneur Needs to Know

Do the terms ‘proof-of-stake,’ litecoin’ and ‘mining’ mean anything to you? If not, keep reading. July 6, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. With all the buzz lately around blockchain technology, it can be tough to keep up. Given how fast this industry is growing, new terms are being introduced on a regular basis, and if you have wanted to learn more about crypto, the blockchain and what it means to “HODL,” then here is a short list of essential vocabulary to digest. Related: Just What the Heck Is Blockchain? Watch This Explainer Video. Blockchain If you’re going to talk about blockchain, you have to know what the blockchain is first. Blockgeeks explain that blockchain is a distributed ledger of digital information. Created by an unknown individual named Satoshi Nakamoto (probably a pseudonym), the original use-case for blockchain was the digital currency Bitcoin. A significant benefit of […]

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My Book and Baby Are Due the Same Day! Follow Along on My Journey. Next up: Trust Your Gut

Jessica Abo shares the different elements she’s working on at once to prepare for her next deadline and marketing strategy. July 6, 2018 2 min read Opinions expressed by Entrepreneur contributors are their own. This video is part of a series brought to you by Entrepreneur’s book division, Entrepreneur Press, the publisher of Jessica Abo’s book Unfiltered: How to Be as Happy as You Look On Social Media. Hi again! If you watched the first two episodes of this series, you know that once I started working on my book, I spent the beginning struggling with the table of contents (TOC). While I worked, and reworked, the chapter titles and chapter order, I still had to keep writing to make my next deadline. While I wrote more chapters to submit to Jennifer Dorsey, Vanessa Campos and I started thinking about the book cover and marketing. Campos and the designer used the […]

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The Problem with Blogging These Days – Part 2

Welcome to Part 2 of my series and if you’re just joining, then I’d like you to go back and read Part 1. I’m discussing, from my experience, what the common problems with blogging are these days. These are factors that I’ve noticed can contribute to many blogs failing because they simply don’t resonate with their readers like they should. If you can make sure you don’t make these mistakes, you’ll be able to grow your brand and blog quickly. In Part 1, we discussed factors like… A simple idea Passion Not providing value Let’s get started and your feedback will be appreciated. Wrong Team As your blog begins to grow, you’ll starting getting busy with side projects and you’ll have to hire a team. This can be a good thing because it will help divide your workload, however, you want to be careful when selecting the right team. Many […]

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2018 Software Development Trends That You Can Count on Continuing Into 2019

An Entrepreneur contributor consults his crystal ball and says to keep an eye on blockchain, AI and progressive web apps. July 6, 2018 4 min read Opinions expressed by Entrepreneur contributors are their own. That new technology you’re hopping on may be all the rage now, but will anyone remember it this time next year? Trends in technology can fade quickly as advancements are rolled out at lightning speed. Related: 8 Tech Trends to Keep Your Eye on in 2018 So, which trends in 2018 will continue to grow into 2019? Here’s a look at several of the “hot” trends in software development: blockchain, artificial intelligence/machine learning, progressive web apps, low code and security. Blockchain Blockchain gained in popularity due to the Bitcoin revolution. Now, industries and companies are adopting blockchain development rapidly. “Blockchain” describes a technology enabling a peer-to-peer network of interconnected devices to store data rather than rely on central computers and defined […]

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The STEM Skills That Turn Engineers Into Entrepreneurs

Organizations are spending millions to integrate technology and computer science into classrooms. But these skills can benefit you, too. July 6, 2018 7 min read Opinions expressed by Entrepreneur contributors are their own. Recently, we’ve seen a surge of initiatives to help prioritize STEM education in schools across the United States. From Google, to Microsoft, to the White House, organizations are spending millions of dollars to integrate technology and computer science into classrooms. Related: How Humanities Degrees Cultivate Marketable Business Skills And, while introducing and encouraging the understanding of STEM principles is critical for young students aiming to find success in science and math skills, these principles are equally important for those looking to build businesses of their own someday. Becoming an entrepreneur inevitably involves business, marketing and finance skills; however, many do not realize the value that STEM skills can also contribute to running a company. The top STEM skills […]

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9 Quotes on Success, Money and Entrepreneurship From Millionaire ‘Shark Tank’ Investor Kevin O’Leary

Mr. Wonderful’s ‘tough love’ approach to business has helped him make millions. There’s a lot to learn from him. July 6, 2018 3 min read You might know him as the tough, truth-telling investor “Mr. Wonderful” on ABC’s Shark Tank, however there’s much more than what you see on screen. Entrepreneur, investor, author and television personality Kevin O’Leary got his major business break when he co-founded SoftKey, a tech company that packaged floppy disks and CDs in the 1980s. After buying The Learning Company, a company that created educational and entertainment games in 1995 and absorbing it into SoftKey, O’Leary sold the company to Mattel for more than $3 billion, making him a multimillionaire. Related: 50 Inspirational Quotes to Motivate You Since then, O’Leary has gone on to become a world-renowned investor and business magnate, with one of his latest ventures being O’Leary Funds, launched in 2008. Throughout his career, he’s also made […]

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Elon Musk, the Latest iPhone Rumors and Sex in Space! 3 Things to Know Today.

Stay in the know in 60 seconds. July 6, 2018 1 min read Elon Musk has offered his help in the dangerous rescue of the boys’ soccer team trapped in a cave in Thailand. Musk says engineers from SpaceX and The Boring Company will travel to the cave site this weekend, where one rescue diver sadly lost his life yesterday. 9to5Mac reports that Apple will launch bigger iPhones in a variety of colors later this year. The rumored 6.1-inch LED iPhone will reportedly come in grey, white, blue, red, and orange. Proposing on the jumbotron at a stadium is so been-there-done-that. If you really want to surprise your girlfriend or boyfriend, an agency in France is offering a package to propose while orbiting the moon in 2022. The cost of the trip is $145 million, but can you really put a price tag on love? Have a great day! Watch the previous 3 Things to Know video: Amazon Reportedly Printing a […]

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Lessons From Music Festivals Doing It Right

Coachella, Bonnaroo and Rolling Loud all illustrate an entrepreneurial vision in changing up the traditional music festival. July 6, 2018 6 min read Opinions expressed by Entrepreneur contributors are their own. If you’re a music lover,chances are you’ve attended a festival. Typically ,these are multiple-day events at open-air venues attracting the who’s who of performers. Related: Why Your Brand Should Be Headlining Summertime’s Regional Music Festivals Summerfest, which has occurred every year since 1968, typically sells out its 800,000 fan passes in minutes after going on sale. In 2015, Austria’s Donauinselfest (Danube Island Festival) attracted a record-breaking 3.3 million attendees over its three-day span. And, last year, the annual music and art festival Coachella grossed over $150 million in ticket sales. In short, huge numbers are involved with the festival business, but their business model has not changed for the most part in the last 50 years.  Below are some tips from […]

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Use This Mindset to Help Everyone in Your Network Succeed

Animus Women’s Innovation Summit founder Lucienne Gigante says providing economic opportunities for women is what will set our global communities on a path to prosperity. July 6, 2018 5 min read In this series, Open Every Door, Entrepreneur staff writer Nina Zipkin shares her conversations with leaders about understanding what you have to offer, navigating the obstacles that will block your path, identifying opportunity and creating it for yourself and for others. A month and a half after Hurricane Maria swept through Puerto Rico, leaving devastation in its wake, Lucienne Gigante says she knew exactly what she had to do. Gigante has not one job, but four. She is works as a managing director at Golden Seeds, a venture capital and private equity firm that focuses on investing in women-led startups. She also runs strategy positioning firm LuGi, which helps companies align their community outreach programs with their business goals. Gigante […]

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Your Worst Coworker Is Probably Not a Human

Difficult tools slow us down just like difficult coworkers. July 6, 2018 6 min read Opinions expressed by Entrepreneur contributors are their own. You have a coworker who’s inflexible, stuck in the past and constantly a nuisance. It feels like she is almost trying to sabotage the team’s work. I’ve been there, too. Let’s call the worst coworker I ever had Sally Forth. Related: 15 Useful Tech Tools for Your Business Sally never changed, no matter how frustrated you got with her. She nagged me and everyone on the team all the time. It didn’t stop after work or on weekends; she messaged everyone constantly. Eventually, we all got so fed up that we hired someone as a go-between, just to interface between Sally and everyone one else. My boss was convinced that Sally was a best-in-class asset to the team. If I couldn’t work with her, he said, then I […]

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Elon Musk Is Sending Teams to Assist With the Thailand Cave Rescue

It’s hoped his resources could save the boys from months spent underground. July 6, 2018 2 min read This story originally appeared on Engadget Elon Musk has offered assistance in the rescue of the boys’ soccer team trapped in a cave in Thailand. Engineers from SpaceX and The Boring Company will travel to the country on Saturday to help with what is becoming an increasingly perilous rescue effort. As CNN reports, conditions are becoming life-threatening, with a former navy diver involved in the operation losing his life after a sudden drop in oxygen levels underground. According to Musk, technicians may be able to utilize a Tesla-made battery pack to increase the pump rate of water out of the cave. He also discussed the possibility of inserting a nylon tube into the cave to fill it with air, “like a bouncy castle.” In a tweet, he said he was “happy to help if there is a way to do so.” […]

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10 Must-Read Books for Entrepreneurial Graduates

Take command of your success with these essential reads. July 6, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. A new class of graduates are entering the workforce, and many are doing it on their own terms. Unlike previous generations, a large percentage of this “internet generation” are bypassing traditional jobs to start their own business. In fact, almost half of millennials freelanced last year — the highest of any generation. Related: 10 Books Every Aspiring Millionaire Must Read If you’re unsure of what your next step is or how to get there, here are 10 books to help you take command of your success. 1. The Lean Startup by Eric Ries In my must-read book for entrepreneurs, The Lean Startup, Ries details a “just do it” approach that bypasses traditional processes and management. Two common challenges in scaling a business are knowing whether an idea is worth […]

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I’m a Millennial Mom and a Successful Entrepreneur. Stop Asking Me How I Manage It All.

It can be hard to avoid the biases others have about my age and gender, but I don’t let it stop me. July 5, 2018 6 min read Opinions expressed by Entrepreneur contributors are their own. As an entrepreneur, a mother and a member of the oft-discussed millennial generation, I feel I’m being positively pummeled with expectations, joys, demands, judgments and revelations. With too little time and more goals than I can count, I often feel overwhelmed. Yet, despite the dizzying whir of business and life, I feel absolutely certain about a few things. Owning my age According to recent research by the Kauffman Foundation, the average age of an American entrepreneur is 40 years old. For high-growth industries, the average age skews significantly older. Related: 6 Reasons Moms Make the Best Entrepreneurs I’m 30 years old, and I co-founded Pink Lily alongside my husband, Chris, four years ago at age 26. […]

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The Top 10 Features of a Successful Mobile Commerce App

Launching a mobile app is a great way to increase sales for your business. If you already have a live app available for download, you’re headed in the right direction. That’s because your customers are active on mobile devices. It’s more convenient for them to shop from their phones and tablets because they use these devices on a regular basis. Yes, you still need to have a web design optimized for mobile users. But that alone won’t be enough. Having a mobile app will definitely help you maximize your potential revenue. In the last six months, 62% of smartphone users have used their devices to make purchases. It’s clear people are willing to shop from their phones. But just having an app doesn’t necessarily mean it’s going to be successful. There are certain features that successful mobile commerce apps have in common. If you have an app, you need to implement […]

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The 3 Most Essential Points to Keep in Mind for Your Next Accelerator Pitch

No surprise that a great source for for inspiration and lessons on speaking technique are TED talks. July 5, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. Startup accelerators have been around since about 2005, when Y Combinator was founded in Cambridge, Mass. Since then, they’ve exploded in popularity — expanding from startup hotbeds like Boston and Silicon Valley to assorted locations around the globe. Milwaukee, though not traditionally known as a tech hub, is home to Gener8tor, an accelerator that recently launched an artist fellowship program. Sydney is an international city in its own right, but it’s also attracting tech entrepreneurs with its Future Transport Digital Accelerator. And, while Cairo certainly has a rich history, it’s also preparing for the future of innovation with the Flat6labs accelerator, which celebrated its 10-year anniversary in 2018. Related: 12 Reasons You Should Join an Accelerator to Advance Your Startup As […]

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Why Online Success Is Not a Spontaneous Experience

The dot com lifestyle is one that is defined by its freedom. You are free from your boss, manager or supervisor, because the only one in charge of your business is you. You have no one to answer to and every decision is wholly your own. You are free to work from practically anywhere in the world, so long as you’ve got reliable access to the Internet on the device of your preference. Have laptop, will profit. And you are free from the confines and restrictions of the conventional Monday to Friday, nine-to-five rat race, because you don’t have to hold conventional office hours. But should you? It’s true that time and location freedom are the two greatest things about making your living on the Internet. It means that you are free to attend your daughter’s ballet recital without the worry about being called into the office. You are free […]

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Want to Schedule a Productive Workday? Follow These 4 Really Simple Strategies.

If you’re the type who stops to view every new email, one word: STOP. July 5, 2018 7 min read Opinions expressed by Entrepreneur contributors are their own. There are some days in the life of an entrepreneur when it seems that there aren’t enough hours in the day to get everything that needs doing done. OK, make that more than some. Related: Simple Tools You Can Use to Manage Your Time and Increase Productivity In light of this fact, the key to being more productive may be not to work harder, but to work smarter. A recent study from Vouchercloud showed that in the course of an eight-hour workday, the average worker studied was productive for only two hours and 53 minutes. If this sounds like you, how can you make the most of your work time in order to be more productive? While no one productivity hack is going to make […]

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Launch Your Big Idea by Starting with Why

Building a successful business is hard work. If you’re not strongly rooted in why you’re doing it, it’s much simpler to quit or fail. July 5, 2018 6 min read Opinions expressed by Entrepreneur contributors are their own. The following excerpt is from Scott Duffy’s book Breakthrough. Buy it now from Amazon | Barnes & Noble | iBooks | IndieBound Every business starts with an idea. It’s the thing that keeps you up late at night and gets you up early in the morning. Sometimes it’s never been done before. Other times it’s been done, but it can still be improved upon. Thinking big, recognizing that business ideas and break­throughs may be right under your feet, and taking risks are all part of turning dreaming into doing. That’s what will take you from sitting on the sidelines to launching a business and making your dreams come true. As you’re searching […]

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Amazon Reportedly Printing a Holiday Toy Guide! 3 Things to Know Today.

Stay in the know in 60 seconds. July 5, 2018 1 min read With Toys ‘R’ Us out of business, Amazon is apparently looking to fill the void. The ecommerce giant reportedly plans to publish a holiday toy guide. That should make browsing its seemingly limitless options a lot easier. Yelp can not be forced to remove negative reviews from its site, the California Supreme Court has ruled. The court’s 4-3 majority ruled federal law protects internet companies from liability for statements written by others. In 2011, the United States Postal Service used a photo of the commissioned replica Statue of Liberty located at Las Vegas’s New York-New York Resort & Casino on a stamp. Now, the Postal Service has been ordered to pay the sculptor $3.5 million for its accidental copyright infringement.  Watch the previous 3 Things to Know video: Turn Fourth of July Traffic Jams Into a Your Own Personal Business Class Read_more Related […]

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