This week’s top stories include small business advice covering the following four topics:
- 5 Ways to Be More Strategic and Successful in 2021
- 4 Common Reasons Why Startups Fail (and How to Overcome These Obstacles)
- What Is a Blog Category and Why Are They Important for Your Blog?
- 26 Side Jobs That Have Actually Made People A Ton Of Money
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.
5 Ways to Be More Strategic and Successful in 2021
By: Leslie Hassler
The impact of 2020 will stay with us for the rest of our lives. It marks a critical inflection point of before and after. It is a year that blindsided many small-business owners.
We’ve seen new businesses birthed with success and others thriving amid chaos. We’ve seen neighborhood classics tragically lost, and others that struggle to survive day-to-day.
Critical points like these thrust every business owner from acting with strategic intention to reacting to curveballs. As we greet 2021, most businesses are settling into one of three camps:
- Thriving, but not trusting the success
- Surviving but hesitant to make bold moves
- Struggling and feeling battered, bruised and disillusioned
No matter which camp you fall into, you likely are eyeing 2021 with caution. You’re optimistic but timid in your approach to making those big visionary goals you’ve made in the past. You may even find it hard to dream of a better future because it feels so out of touch with what is happening globally. You are not alone in those feelings.
Do not become discouraged. The new year is an opportunity to rewrite the rules and stop settling for less in your business. It is the opportunity to cast a strategic vision that is different from the past and to create more success and growth in your business and your life. Here are five ways you can make it happen.
4 Common Reasons Why Startups Fail (and How to Overcome These Obstacles)
By: Terng Shing Chen
Most startups fail—up to 90% in 2019—and unfortunately, more often than not, the founders themselves are responsible. Financial reasons are often cited as one of the most common factors for startup failures, and these are, of course, hugely important. I have also found, however, that there are often more personal reasons why startups fail. These include dealing with personal relationships both within and outside the business and conflicting co-founder visions.
In this article, I will share some of the real reasons why I think startups fail that I have observed firsthand as a startup founder.
Related Post: Seven things entrepreneurs can learn from failure
What Is a Blog Category and Why Are They Important for Your Blog?
By: Katrina Kirsch
Do you read every post on a blog? If you’re like me, you visit sites for a specific reason — be it the New York Times crossword puzzle or the latest gear roundup from Outside. You know what you’re looking for when you click. That frame of mind is why blog categories help readers navigate your site.
But what categories should you choose? How do you name them? And what’s the difference between categories and tags?
Related: Small Business Advice Navigator How SteveBizBlog Employs Categories
26 Side Jobs That Have Actually Made People A Ton Of Money
By: Jasmin Suknanan
Having a side hustle can make the world of difference. Whether you use the extra money to pay down debt or boost your savings, one thing’s for sure: that cash can really come in handy.
Added bonus: a side gig can also be a way for you to practice a hobby or exercise skills you can’t use for your day job!
So, we recently asked members of the BuzzFeed Community to tell us about their money-making side hustles during and before the pandemic. Here are the ones that have been lucrative for them:
Related Post: 6 Reasons Why You Need to Have a Side Hustle
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