The truth is, out of the millions of startups that are launched annually in the U.S., over half fail within the first five years. While this sometimes happens due to catastrophic circumstances, often it’s because of a simple, fundamental flaw in an entrepreneur’s approach.
Entrepreneurship provides those who have the courage, drive, and desire the opportunity for self-expression, empowerment, and autonomous freedom.
Running a successful business requires as much financial responsibility as it does creative passion. You need to be totally excited about what you’re doing, but you also need to keep a close eye on the numbers.
Turning your passion into a paycheck is totally possible, but it can be tricky. When you’re starting a business, you can’t just assume your interests are ripe for pursuing.
One of the most sought after positions in society today is that of an entrepreneur. However, the reality is that not everyone is cut out for the lifestyle.
One of the biggest mistakes I see newly formed businesses make in their business is trying to break into business by offering lower prices.
As a startuper who keeps up with the times, you understand the importance of online presence and reputation. Modern technologies and Internet trends make every business online today.
Here at Startup Savant, we spend a lot of time focusing on the financial and personal challenges of starting a business. In this article, we will touch on five personal challenges entrepreneurs can face, and how to navigate them to avoid these pitfalls.
Many entrepreneurs consider serving as their own registered agent. While this can save you some money over hiring a professional service, there are a number of drawbacks to this decision.
It’s no secret that millennials are a different breed. We have divergent values, goals, habits, and communication styles from any generation before us -- differences that have been statistically proven by nationwide studies.
Starting and managing a business is worth it, but it comes with a number of organizational challenges. “Clutter” doesn’t just refer to all the things piled high on your desk -- it can also apply to other aspects of your life as an entrepreneur.
The education industry is without a doubt slow to adapt to changing conditions and in particular adapting to new technology. It takes a very convincing argument to get educational institutions to take on new ideas and pay out for new technology.
We already know the popular examples of big companies using celebrities to greatly boost their awareness like Michael Jordan and Nike, or William Shatner and Priceline but start-ups can also utilize celebrities to do the same thing. A tweet from a celebrity could put a startup in front of thousands – even millions of people
Are you starting your own LLC or Corporation? If so, you may already know that your state will require your company to designate a registered agent. There are many misconceptions and misunderstandings about what a registered agent is and what role they play in a business.
Marketing is such a different game today than it was in the past – no more untargeted ads, expensive commercials, or wasteful hard copy. Now promoting your brand (effectively) is all about refined, ultra-targeted, less expensive methods.
One of the most important issues that all startups face is how to growth hack the business. In other words, how can a startup start generating revenue as soon as possible.
There’s probably not a single person alive who isn’t at least aware of Bill Gates. The man has given his life to personal computers and created innovations in information technology that will last generations...perhaps centuries.
So, you’re working on upping your output and increasing your productivity? Good for you! We’re here to help you get there. In this guide we’ll talk in depth about entrepreneur-based productivity.
For a fragile brand new start-up, all customers are not the same. Knowing which ones you can serve profitably is one of the most important lessons you can learn.