This week’s top stories include small business advice covering the following four topics:
- How To Avoid Start-Up Mistakes In Your Micro Business
- How to Find the Right Mastermind or Coaching Program to Help You Grow Your Business
- How to Justify Spending Money on Outsourcing
- Entrepreneurship Is a Disease — But It’s Worth It
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.
How To Avoid Start-Up Mistakes In Your Micro Business
By: David Howell
Every small business owner makes mistakes. Making them in the early days or years of your micro business can be avoided by learning from the experiences of other business owners.
No one has all the knowledge and skills they need to run the micro business they are passionate about. However, this doesn’t mean you can’t learn the skills you need and also identify where your business could run into trouble.
In this feature, I asked the small business community what advice they would give to new start-up businesses. Read the full story
Related: A GREAT IDEA IS NOT ENOUGH
How to Find the Right Mastermind or Coaching Program to Help You Grow Your Business
By: Bedros Keuilian
Never underestimate the power of a great coach. You’re never too successful to hire a coach. So many entrepreneurs shoot themselves in the foot because they think they’ve “got it all figured out” and “don’t need someone looking after them anymore.” Meanwhile, there are also entrepreneurs — the successful ones, at that — who seek new coaches and more accountability as their businesses grow bigger and more profitable. Read the full story
How to Justify Spending Money on Outsourcing
Business 2 Community
By: Melissa Ingold
If you’re anything like me, you spend a good portion of each day arguing with yourself. Not out loud—at least not unless the argument is particularly heated!—just inside your own head.
“Should I post that photo to Instagram now or later?”
“Don’t just wing it. Look up your optimum posting times, you goose!”
“Oh, right. Looks like I should schedule it for evening.”
And on and on. Some of the arguments are over minor issues like which shoes to wear (comfort or style?), but others are more weighty (invest in a new laptop or hold out with the old clunker?) But here’s one argument I’ll never wage with myself again: I will NOT attempt to talk myself out of outsourcing portions of my work to capable freelancers.
I learned long ago that I shouldn’t even attempt to do everything myself, and I value my time too much to hem and haw about delegation.
However, I know that a handful of you are still in the hemming and hawing phase yourselves, so I want to give you three solid reasons why you absolutely can justify the costs of outsourcing to contractors. Read the full story
Entrepreneurship Is a Disease — But It’s Worth It
By: Jeremy Redman
It’s just something entrepreneurs have to live with. I was at my wife’s company’s holiday party last year and I walked around thinking to myself how much I wanted my own company holiday party. I was fraught with jealousy. Why? For the simple fact that it wasn’t my company holiday party. I barely enjoyed anything.
I always listen to my jealousy because it shows me what I want. And I want to be an entrepreneur more than I want to breathe. The longer I am in the entrepreneurship game, the more I see the price of inaction. I’m suffocated by inaction. I must do. And I must do all the time. It’s in an entrepreneur’s DNA. Read the full story
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