How entrepreneurs can fight climate change and build a profitable business at the same time

Younger consumers are already driving a trend towards profit with purpose. And with an increasing sense of urgency about pollution and the consequences of climate change, it's a growing trend that's set to become the norm, says entrepreneur Nicolas Brusson. Although entrepreneurs have a duty to build profitable businesses, as global citizens "it is also our duty to engage with the challenge of climate change at a meaningful level, not just as a cursory CSR exercise," says Brusson. Here, he ...
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4 financial reporting tips for startups

Running a new startup is tough. It takes long hours, lots of sweat equity, and tremendous planning. While you may have a handle on getting your startup off the ground and bringing your products or services to market, do you know what you need to do when it comes to your finances? One of the most important things you can do is prepare good financial statements. Why? It's the only way you, your board, your staff, and your investors will know where you stand. Good reporting helps you with financial...
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4 things I've learned from running a startup for 10 years

No one succeeds alone. There's a proverb that says "it takes a village to raise a child" and founding a company is a lot like raising a child. It requires the input of an entire community to gain experience, learn and grow. And while there's no "one-size-fits-all" guide to success, there are some universal truths that can help you steer your new venture in the right direction. Here, artificial emotional intelligence pioneer Rana el Kaliouby shares what she's learned about four key...
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How becoming a mentor could boost your business

A great mentoring relationship is a two-way street, with benefits for those doing the mentoring as well as those being mentored. Being able to learn from someone who has the experience they've yet to acquire can save first-time entrepreneurs a lot of time, stress and money. And having a great business mentor who understands the challenges can have a significant impact on their success. While becoming a mentor requires time and effort, the rewards will be reflected in your own business and charac...
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5 cash flow management best practices for startups

Your goal with your startup is to make money, right? This is why it's so important to keep money in the bank moving in and out in a healthy manner. If you want your startup to succeed, you'll have to manage your cash flow with finesse. This can be difficult for new business owners especially when it comes to keeping tabs on your burn rate. In fact, not paying enough attention to your cash flow can result in startup failure. Even if you are profitable, or you've raised a lot of capital, things ca...
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Philanthropy should take risks


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7 perfect questions to ask while networking

Whether you're looking to advance your career or grow your business, networking can help you to unlock new opportunities. And the ability to forge meaningful connections can be a great asset for entrepreneurs. The more people you engage with on a regular basis, the bigger your network becomes and the greater your exposure to opportunities for accelerating your success. Yet, despite the benefits, many people dread networking. If the thought of striking up conversations with people you've never me...
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15 ways to identify and fix your branding mistakes

Your personal brand is your reputation. It's the impression you make on other people—in person and online—about your values, attitude, credibility  and integrity. And it's what potential employers, business partners, investors, or customers rely on to decide if they trust you. While a strong personal brand can open the door to new opportunities, being careless with your brand can slam it shut. Here, members of the Young Entrepreneur Council (YEC) share how to fix some of the most commo...
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No risk, no reward: 3 top TED talks on how to take more risks

The greatest opportunities in life come from taking risks. Not all risks will pay off yet allowing fear to keep you in your comfort zone rather than embracing risk as an opportunity to succeed means you're probably sabotaging your best chances of success. Here, Amy Vetter shares three TED talks that explore risk taking and how celebrating failure, accepting rejection, and gaining the confidence to take on bigger and bolder risks will help you "seize opportunities when they arise and perhaps...
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Motivation and discipline


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