Here’s our weekly link roundup of small business buzz, musings and muchness. A curation of the best small business talk around the web.
The economy is showing signs of life and that makes it a good time for small-business owners to re-evaluate how they are running their companies. Entrepreneurs need to make sure they’re ready to take advantage of coming growth opportunities. Experts say it’s time to consider taking some risks and to make sure employees are taken care of.
I’m just going to up and say it: Most small business owners suck at selling. I say that with certainty for two reasons. One, I have worked with hundreds of small business owners to help them develop their strategy, and most were a disaster at first. Two, I myself was once one of those small business owners who couldn’t sell his way out of a paper bag.
Amidst the women entrepreneurial and ‘lean in’ movements brought to the forefront most prominently by Sheryl Sandberg, there has been a shortage of perspectives on the difficulties of minority women who have few people and very little financially to ‘lean on.’ The reality is–similar to the women’s suffrage movement, which for the most part excluded minority women–middle-to-upper class educated white women have driven much of the recent conversation.
The term “pivot” has gained aura and prominence, in large measure due to its place in Eric Ries’ “lean start-up” method… Eric uses “pivot” to mean a change in the path you take to achieve your vision: maintain the vision, but keep experimenting to find the best path.
U.S. small-business owners are more optimistic now than at any time since late 2008. The Wells Fargo/Gallup Small Business Index improved to +25 in July, from +16 in the second quarter. The latest result, while not as high as pre-recession levels, is the highest index score since the third quarter of 2008.
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