Walmart was once a small business with a single store. After proving he could build a profitable business for five consecutive years selling products at lower prices, Sam Walton and his team expanded by replicating the business model in different locations in the city, country, and internationally. Facebook was once a startup. After validating the
The COVID-19 pandemic has had significant ramifications on the economy. One survey found that because of the virus, 31% of small and medium-sized businesses had to close down completely, and 41% of owners had to dip into their personal savings to stay afloat. While these numbers sound grim, a downturn can actually be a great
Mentoring can make all the difference for your business. (Getty Royalty Free) It is common wisdom that behind every great leader is a suite of great mentors and advisors. Steve Jobs had Ed Woolard and John Sculley, Bill Gates considers Warren Buffet a mentor, and Bob Iger credits his former boss Tom Murphy not only
StockSnap / Pixabay 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 Insta now or later?” “Don’t just wing it. Look up your optimum posting times, you
You want to start a business; congratulations! It’s an exciting adventure that is fulfilling, challenging, and wonderful all at once. It’s likely that you are feeling unsure of where to start or where to go to launch your small business. If that’s the case, you have come to the right place. We’ve compiled a 20-point
In physics class, the teacher spoke about how getting a ball rolling drains more energy than just keeping it going once it’s on the move. I think that most business owners will agree that they were onto something. Running a business is never going to be easy. But a lot of people will agree that