This week’s top stories include small business advice covering the following four topics:
- 8 habits of Entrepreneurs
- How Much Do Influencers Charge? | Paying Influencers 2019 Guide
- Why Unglamorous Entrepreneurial Opportunities Can Be Lucrative
- 3 Areas Where Every Small Business Should Automate
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.
8 habits of Entrepreneurs
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.
Related Paper: Anatomy of a Business Owner – The 3 personas
How Much Do Influencers Charge? | Paying Influencers 2019 Guide
By: Tara Johnson
In today’s digital landscape, influencer marketing is one of the most effective ways to reach your target audience—particularly if they’re of a certain age and demo.
But though influencers have certainly taken hold in the last few years, bringing attention to everything from lifestyle brands to food, drink and new media, they’re still a relatively new commodity – and that makes it hard for marketers to gauge the basic details of their arrangements.
Things like logistics (when and where they’ll post), scale (how often to have them post) and, most importantly, payment (how to pay them and how much) pose a constant challenge to traditional marketers who just don’t know how to fit this new model into their old ways of working.
Are you finding yourself in the same boat, looking to jump on the influencer marketing bandwagon but without the foundational knowledge to ensure your strategy’s success?
Let’s look at the most important question beginners have: how much do you pay them?
Related Post: How to Get the Attention of an Influencer
Why Unglamorous Entrepreneurial Opportunities Can Be Lucrative
By: Tom Popmaronis
While many entrepreneurs dedicate their time and energy to trying to create something “exciting” and “buzzworthy,” the reality is that many of the most successful startups originate with a relatively unglamorous idea. Just consider ride-sharing firms Uber and Lyft. Though the companies have lost some market value since going public, they are both worth billions. And when you step back to think about it, ride-sharing is essentially a gig economy version of a taxi service. However, their success is just one example of a recurring entrepreneurial truth: You don’t have to chase down a “glamorous” idea to change the market or turn a profit. Here’s why.
Related Post: Why Bigger is Not Always Better
3 Areas Where Every Small Business Should Automate
By: Megan Totka
If you asked me why I gravitated to startups rather than work in a large
We all know that technology and the internet have “leveled the playing field” in a variety of ways, and perhaps one of the most powerful of these is access to automation.
It wasn’t that long ago when only the big players could truly automate business processes. Today, everyone from the wannabe entrepreneur launching a new side hustle to the owners and managers of small and medium-sized businesses can strategically automate important areas of their operations.
Discover how many of these automation opportunities can be a good fit for your operation.
Related Post: The Tipping Point of Labor and Automation
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