This week’s top stories include small business advice covering the following four topics:
- 10 Tips on Running a Successful Crowdfunding Campaign for New Entrepreneurs
- Why can’t companies find workers? Spurred by COVID-19, many are launching new businesses
- Rethink Your Networking Goals: How Entrepreneurs Can Improve Their Post-Pandemic Networking Skills
- How Do High Earning Freelancers See The Future Of Independent Work? The Contra Report
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.
10 Tips on Running a Successful Crowdfunding Campaign for New Entrepreneurs
By: Yasmine Mustafa
Over the past decade, crowdfunding has revolutionized the way startups generate capital and secure investment. In fact, in 2019, the global crowdfunding market reached a massive $13.93 billion, with this figure estimated to triple to $39 billion by 2026.
It’s no surprise then that everyone wants to get in on the action, and today, there is a wealth of platforms and organizations where would-be-entrepreneurs can pitch their big ideas and market test them before they’ve barely lifted a finger.
However, having a great idea is only the start on the journey, and the quality of your campaign can mean the difference between smashing your targets or being completely ignored. In fact, your crowdfunding campaign is often the first time your customer base will encounter your product or service, so making a good impression is crucial. But what exactly makes a good crowdfunding campaign, and how do you present your big idea to a global market?
Related FREE Course: Practical Crowdfunding – What You Need to Run an Effective Campaign
Why can’t companies find workers? Spurred by COVID-19, many are launching new businesses
By: Paul Davidson
Worker shortages that are slowing the recovery from the COVID-19 recession largely have been blamed on generous unemployment benefits and people caring for kids and sick relatives.
But there’s another reason companies are struggling to find workers to meet a historic boom in customer demand: Many Americans have started their own businesses.
Entrepreneurs have filed applications to launch firms at a record pace since last summer, and the startup frenzy has accelerated this year. Many of the budding business owners lost jobs because of the pandemic and are looking for new ways to generate income.
Others are drawing on government stimulus checks and soaring home values to fulfill lifelong dreams and make the most of a revived economy that’s expected to usher in the fastest growth in decades as consumers return to dining out, traveling, and other activities.
Related FREE Course: Exploring Entrepreneurship – Discover What It Takes To Be An Entrepreneur
Rethink Your Networking Goals: How Entrepreneurs Can Improve Their Post-Pandemic Networking Skills
By: Erik Bergman
The way we interact with each other has changed drastically. We’ve all felt this to some degree in our personal lives, but what’s most interesting to me is how the pandemic has affected entrepreneurs — specifically how they network.
Networking is one of the most important entrepreneurial skills to develop, and it can have a huge effect on your ability to grow your business. Let’s take a quick look at how entrepreneurs can improve their networking skills post-Covid.
Related Post: How to Make the Most of Networking Events
How Do High Earning Freelancers See The Future Of Independent Work? The Contra Report
By: Jon Younger
I’ve recently received a number of surveys describing freelancers’ experience during the pandemic and their feelings about the future. One of the more interesting reports was produced by Contra, a new freelance network and community that has been growing quickly with tremendous success. CEO Ben Huffman, a serial entrepreneur who also created Ripe, reports that Contra welcomed over 300,000 new users visiting the site last month.
The Contra survey population included over 10,000 high earning independent workers in a variety of fields. These are freelancers in engineering, marketing, product development, design and content creation each earning more than $70,000 (USD) annually. It’s an important, successful, cohort: their earnings exceed the average annual pay of employees specializing in these fields according to the BLS.
Related Post: How to Determine Your Hourly Rate as a Freelancer
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