Here’s our weekly link roundup of small business buzz, musings and muchness. A curation of the best small business talk around the web.
One of the greatest attributes found in entrepreneurial startup companies is the tremendous and somewhat chaotic energy of their “can-do” culture. This attitude can be a powerful strength—during the initial phase of launching a company that is.
As glamorous as it might be, working for a startup entails many challenges and going the extra mile. Many of us today see why being entrepreneurial adds to the value of enriching life experience and of course shaping your career in a way where you’ll feel that you’ve truly made that change, making a dent in the universe as many of us aspire to do.
For years, I’ve watched one company after another flounder under founding CEOs. The phenomenon’s incredibly common, especially in the technology industry. And the reason is surprisingly simple. It’s one thing to start a company, get it off the ground, and achieve initial product success. It’s another thing entirely to profitably grow that company in a competitive market. It’s a completely different job requiring completely different capabilities.
Heading into the holiday shopping season, small business owners have been anything but optimistic about consumer their sales forecasts, and many remain concerned about ongoing instability in Washington. It would come as little surprise, therefore, if they weren’t rushing to hire additional people right now. However, it isn’t clear whether that’s actually happening.
It’s no secret that the holidays are a critical time of year for the retail industry. Last year, holiday sales in November and December accounted for 19.3 percent of total retail industry sales nationwide, and that number can rise as high as 40 percent for some businesses, according to research by the National Retail Federation.
Entrepreneurial businesses are where it’s at for job creation, accounting for more than half of all employment in most G20 economies. Despite success achieved to date from that perspective, however, huge opportunities remain to improve access to funding for rapid-growth companies.
For Elisa Strauss, delivering her specialty cakes to customers from her New York City headquarters sometimes meant taking the cakes with her on commercial flights. The customer paid for the transportation, which included an extra seat for the boxed cake. What sounds like a simple solution for transporting the delicate cakes was made unpredictable thanks to Transportation Security Administration officials.
Last week I discussed why it’s important for entrepreneurs to take time this holiday season and show clients you appreciate their business. This week I wanted to take some time to drill down a bit further on the topic of retaining clients and why it’s so important for startups, small businesses and even larger companies.
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