For most entrepreneurs, they'll tell you their biggest challenge getting their startup off the ground is financing. In fact, surveys show that nearly two-thirds of start-ups face financial challenges. There are ways to overcome this large hurdle. Let's look at three common startup financing challenges and how to beat them. #1: Start at the right time For many people looking to begin a new business, they simply lack the personal capital to do it. They may not have any savings, and they may ...
The COVID-19 pandemic ended a record 11-year bull run of the U.S. stock market. This, coupled with an oil price crash instigated by Saudi Arabia and Russia, has all the signs of an imminent global recession. Depending on who you trust with your forecasts, most experts are predicting a global contraction that can last anywhere between 6 months up to 2 years. [Read full article on Entrepreneur]
The coronavirus pandemic has left us all with a heap of uncertainty. Endless cancellations and postponements, from school classes, sports games and proms, to graduations and internships, have created a new world view where our hours, days and weeks look very little like they used to. What's more, it's difficult to plan anything when you don't know what tomorrow will bring. [Read full article on Wharton]
Many entrepreneurs have reported lagging sales and frustrations as the coronavirus has halted the economies of countries all over the world. But not all businesses are seeing sales fall. In fact, some businesses have said they've seen interest rise as the emergency has spread. Check out the following five businesses that are in this category. Pediatric teletherapy Everyone is stressed during these times, but it's difficult to get the mental health resources necessary when social distancin...
You're ready to start pitching your startup to potential investors, but you aren't sure how to put yourself out there due to your introverted nature. We've got myriad tips on how introverts can pitch their firms, and translated those pointers into this quick infographic. Courtesy of Escalon Services
As tech firms work to settle charges of ageism and retreats are popping up to help workers over 30 learn to compete with younger employees, many people may assume that any age over 25 is too old to launch a startup. But luckily for older workers, that view is inaccurate. In reality, the mean age for founders at the highest-growth new ventures is 45. That's the word from a report conducted by researchers from MIT, Northwestern University and the US Census Bureau, which was recently published by N...
It's worth noting that while startup life is obviously never easy, tackling it head-on as a female entrepreneur presents its own unique set of challenges. Thankfully, we are at the cusp of a shift, and these obstacles should soon be a thing of the past. But until then, here are three hurdles worth looking out for, and how to leap over them. [Read full article on Entrepreneur]
Everyone has at least one hobby, whatever it might be – it could be playing video games, watching TV shows, practicing sports, going to the beach, hiking, or anything else that can help you unwind at the end of the day. Hobbies can be done alone or as a part of a group and they are extremely important for our mental health, as they make us feel happier and more relaxed. Not everybody wants to turn their hobby into a career but, for some, their passion can be a lot more than just a fun way to pas...
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