4 Lucrative Side Hustles to Explore as a Business Owner

Being an entrepreneur has its rewards, but there will always be ups and downs. To mitigate the downs, create an additional stream of revenue that can supplement your business while you grow. This helps balance out some of the costs associated with running a company, while ensuring that you have a diversified source of income.

Side hustle money

An estimated 37 percent of Americans work a side hustle as a way to make this extra money, according to a 2018 Bankrate survey, and the median rate an average person earns in a month from the side hustle alone is $686. Get extra cash-flow to grow your business, and keep your bank account full, using one of these 4 income stream options.…

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How to Gain an Advantage as an Entrepreneur With No Experience

Experienced entrepreneurs have a massive advantage over their inexperienced counterparts. They’ve learned hard lessons from failures, they’ve been in positions of leadership, and they’ve had time to build and expand a professional network. Accordingly, it’s no surprise that first-time entrepreneurs are more likely to experience startup failure than serial entrepreneurs who have started multiple businesses in the past.

Inexperienced entrepreneur

Still, everyone has to start somewhere, and there are plenty of anecdotal examples of entrepreneurs who found success their first time in the role. So what steps can you take to gain an advantage as an entrepreneur with no experience?

Get Your Finances in Order

First, make sure you get your finances in order.…

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Tried and Tested Tips to Keep Your Business Growing Fast

You often hear people emphasize that going into business guarantees financial freedom and how the richest people in the world are all businessmen and women but those same people fail to tell you how difficult it could be to make something out of business. Statistics have shown that most businesses fail within 5-10 years of incorporation, so starting, let alone, growing a business is not as simple as they make it seem.

Female entrepreneur

This is not to discourage you, however, there are indeed businesses that actually thrive. That idea you have in the cradle of your mind or what you’ve already started could be one of them.…

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