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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5 Effective Budgeting Tips for Small Business Owners

Budgeting is an important part of running any business. For small businesses, being able to properly manage and account for all funds coming in and going out can make a huge difference to the amount of profits being made.

Business budgeting

1. Learn to create a business budget

Doing your own accounting is a great way to keep track of your income and expenses. You would need to know how to create a business budget that is right for you and keep to it. lets you know exactly where you are financially at all times. Learning to use a spreadsheet, can help you keep track of your expenses and compare your performance over time.…

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4 Things Business Owners Need to Know Before Hiring a UI Designer

Did you know, as many as 79% of people who visit a site and don’t like what they see, go back and search for another website (most likely one of your competitors).

In light of this, UI design has never been so important. If you don’t boast the necessary skills to do this yourself, you’ll need to hire a professional to handle this for you.

UI designing

So, if you want to find top-quality talent, heed the advice below.

1. Don’t Limit Yourself

When we say, ‘don’t limit yourself,’ what we really mean is, don’t restrict your search to just word-of-mouth recommendations, employee referral schemes, and sifting through your LinkedIn connections.…

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Windows Screenshot Session Recording: How to Get the Footage You Need

There are a lot of reasons to screenshot your PC screen. You might be making a presentation for work, creating a software tutorial, or making a short “Let’s Play” video for YouTube. All that considered, it’s likely you’re reading this and looking for a free screen recorder. If you’re a Window’s user, it might come as a surprise that Windows has its own window session recorder, hidden away in its pre-installed Xbox app.

Windows 10 Screenshot App

Also, you can record your screen from a browser window, without installing or downloading a large program. It depends on the hardware you’re using, what you’re recording, and how much time you have at your disposal.…

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4 Areas to Focus on to Make Your SMB More Profitable

Profits are the thing that keeps small business owners up at night. Sales might be increasing, positive reviews may be landing online, but if your business isn’t profitable then it could be game-over. No two businesses are the same, but whatever type of company you run, there are some key areas of focus for making your small business more profitable.

SMB Profits

Read on for 4 essential tips from insolvency experts on increasing a small business’ profitability.

1. The customer must come first

Customers are the lifeblood of any business. Without an engaged and loyal customer base, making your small business more profitable is going to be an uphill battle.…

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3 Ways to Confront Your Business Fears

As an entrepreneur, your work probably inspires a variety of feelings throughout the day, including excitement, pride, happiness, and … anxiety, stress and fear. Thoughts like “Will I be successful?” “How will I get funding for this idea?” and “I’m not sure I really have what it takes” are not only signs of business fears, they are also defeating statements that can derail your success.

Confronting Fears

Fortunately, you do not have to live a business life ruled by fear. You can overcome them by learning a number of tips and techniques, including the following:

Recognize that Everyone Has Fears—You Are Not Alone!

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Why Events are Necessary for Start-ups

If you’re an owner of a start-up business, you already know how difficult it is to breakthrough and get your product or service out there in the midst of all the competition surrounding you. That’s why one of the major strategies used in start-ups of all types of industries is attending events.

Startup event participants

Attending events and networking isn’t an option for a start-up, but rather a must if they want to build up their brand and its name. The very least you will gain from attendance is learning something new, which in itself is a great gain.

Here, we’ll cover with you some other benefits you and your business will gain from attending events.…

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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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4 Tips for Successfully Running Your Business From Home

Working from home has become pretty common over the last decade. The growth of the internet, cloud technology, and mobile devices has made it practical and cost-effective.

Home based entrepreneur

But what about running a business from home? Is it a good idea?

The Challenges of Running Your Business From Home

There’s no sense in sugarcoating the topic. Running a business out of your house presents numerous challenges. Issues that are commonly encountered include:

  • Restrictions. It’s not always legal to run certain businesses out of your home. This is especially true in residential neighborhoods with HOAs that have documented guidelines, restrictions, and covenants.
  • Distractions.
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Young Pros – What to Do to Get the Best Out of an Online Course

With almost everything porting to the online space today, one will be left wondering what is not accessible online. At the current pace of technology, you can even take online courses today. This is especially beneficial for those that don’t have the time to travel to and from office.

You can take online courses in places like e-Careers, where numerous courses are offered such as an online bookkeeping course. Such courses are as good as those held offline. Some people who have taken online courses have been proven to display more competence than those who haven’t.

taking online course

Here are a few pointers to make the most out of online courses:

Self-discipline required

You should be disciplined enough to stick to your study hours and the course you’re taking.…

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