How conscious investors can turn up the heat

11 painful moments CEOs and founders thought their business was sunk — and how they turned it around

Knowing when accepting failure is the better option and when to keep fighting is a dilemma most entrepreneurs face at least once. Making the decision to close the doors on a business you're passionate about is a tough call to make. And usually, the longer you delay the greater the risk of digging yourself deeper into a financial hole. Yet sometimes all it takes a flash of inspiration or a lucky break to pull the business back from the brink. Here, Shana Lebowitz shares how some of the most succe...
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7 business lessons from famous entrepreneurial families

Many challenges come with starting a new business and advice from experienced entrepreneurs is always a great tool to help stay motivated. From small shops starting out to industry giants, there is always something new to learn from the trials and tribulations businesses face, especially when working with family! Business icons such as Ralph Lauren and Sam Walton are just a few of the driven leaders of powerful families Fundera featured on their recent infographic highlighting business lessons f...
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Presentation skills every business owner should have

  As an entrepreneur or small business owner, strong presentation skills are vital for the success of your company. An effective, engaging presentation helps you connect with investors, clients or potential business partners and creates valuable opportunities for growth. A bad presentation, on the other hand, can damage your credibility, leave your audience confused and disinterested, and cost the business time, money and wasted opportunities. In this article, Katharine Paljug shares J...
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Why you are big enough to outsource

As the owner of a startup, your time is at a premium. You know that everything takes a lot of time, and when you're rushing from one task to another, some things might fall through the cracks. This is where outsourcing comes in. While you spend quality time building your business, you let others do the support work. We run into many young startups who don't think they are large enough or established enough to outsource. In this article, we'll take a look at why you are big enough to outsource ev...
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31 tips for using gig economy to get ahead your competition

People working as a freelancer is not a new thing. Contractual workers have been around for a long time. They get paid for their output, not by the hours. They get payment for their work, but there's no benefit. This labor model isn't a modern concept, but it is slowly but surely taking over full-time jobs. This is called gig economy. The emergence of the term gig economy was a response to the burgeoning demand for more freelance workers than regular employees. So while working as a contractor f...
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5 common complaints about meetings and what to do about them

Effective meetings are essential for any business. They can boost productivity, enhance performance, lift employee morale and increase revenue. Yet so many meetings are either unnecessary or so poorly organized people dread the prospect of giving up valuable time to attend. Meetings should be "high-leverage events" that help a company move forward, says author, speaker and corporate trainer Paul Axtell. Here, he shares the five most commonly raised issues and how to resolve them, whether you're ...
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The costs of a bad hire

Have you ever asked yourself what it costs to hire an employee who doesn't turn out to be right for your business? The U.S. Department of Labor says it costs you at least 30% of your employee's first-year earnings if they're a bad hire. For many startups, losing five figures because you hired the wrong person may mean the difference between success and failure. Let's take a look at the costs of a bad hire, so you can avoid the devastating consequences to your startup.   Initial hiring costs...
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Ultimate guide to persuasive speech (hook and influence any audience)

Public speaking is one of the most important skills to have in business and in life. It allows you to connect with others, influence decisions and motivate change. Many people dread having to make speeches or give presentations yet the more you practise the more you'll improve your communication skills, leadership skills, and confidence. Apart from enhancing your personal brand and helping to advance your career, for those who excel at it, public speaking can become a lucrative career in it...
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The gentle art of negotiating and how to do exceptionally well

Almost everything in life involves some form of negotiation and starting your own business requires hundreds of negotiations, from the mundane to major contracts. Although some people seem to have a natural flair for negotiating, it's a skill you can learn and improve with practise. Many people dread having to negotiate yet keeping a positive attitude and a sense of humor can help you go the extra mile, especially when the going gets tough. If you haven't had a lot of experiencing negotiating, t...
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