This week’s top stories include small business advice covering the following four topics:
- This Is How to Stay Sane When Launching a Side Hustle
- Your Startup Vs. an 800-Pound Gorilla: Why Your Competitor’s Strength Is Actually Your Biggest Advantage
- 8 Habits of Highly Effective Entrepreneurs
- 11 Simple Ways to Grow Your Business
Each week we scour all the top business-related magazines and newspapers for articles with the best advice for the small business owner, so you do not have to.
This Is How to Stay Sane When Launching a Side Hustle
By: Melody Wilding
The opportunity and potential for side hustles are exciting. Many successful entrepreneurs have turned a passion project into a full-time business.
But making the time for a side hustle when you’re already busy can be a challenge. Starting a new venture also carries a lot of stress. There’s no shortage of emotional ups-and-downs when you’re embarking on any creative endeavor, side hustles included. The late nights and hard work can take a toll.
So how do you stay sane while hustling towards success? Here are a few tips to help. Read the full story
Related Post: Something Never Taught in an MBA Program
Your Startup Vs. an 800-Pound Gorilla: Why Your Competitor’s Strength Is Actually Your Biggest Advantage
By: Eddie Yoon
Startups are constantly searching for unique advantages to stay in front of the competition and ensure long-term success. Entrepreneurs often don’t realize that some of the best strategic advantages for startups may exist within the market leader’s greatest advantage.
This might feel like sticking your head in the lion’s mouth. But the key is to bring a judo mindset, where you take a larger opponent’s momentum and use it to your advantage by flipping it on its head. Read the full story
Related Post: Employ the Underdog Strategy
8 Habits of Highly Effective Entrepreneurs
By: Sherrie Campbell
Why is effectiveness essential for success? Because, in each and every decision-making process, effectiveness plays a central role. Effectiveness comes down to producing desired results.
The most successful entrepreneurs have mastered effectiveness because it makes them work smarter, eliminating unnecessary effort and wasted time. Success cannot happen with any consistency when approached in a lazy, haphazard, hit-or-miss fashion.
The most effective entrepreneurs do not entertain ease or disorganization as a part of their decision-making process. They make sure to be detailed, organized and fully prepared before executing on any goal or plan.
To follow are eight habits highly effective entrepreneurs practice to stay in the flow of positive movement. Read the full story
11 Simple Ways to Grow Your Business
By: Alison Davis
Every professional service provider knows how hard it is to get attention in this overloaded world. Whether you’re working as an independent contractor, starting a new business, or trying to build an established company, you’ve got the same challenge: How can you stand out from the pack so that potential customers realize how wonderful you are?
In this article a marketing expert offers advice on establishing your reputation, connecting with potential customers and increasing sales. Read the full story
Related Paper: 16 Powerful Principles to Influence a Sale
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