No matter what industry you’re in or the type of business you run, you can still make a profit no matter what the current economic outlook happens to be. That begins with giving customers what they want, how they want it and in a way that’s more sensitive to marketplace vs. company needs. The below tools will put your business well on its way to doing exactly that, possibly making 2016 your most successful year yet.
- Pay-for-Play Social Media
- Instant Gratification
Complete Post: 5 Things Every Entrepreneur Needs in 2016
More Posts Across the Web
4 Things to Consider Before Mentoring an Entrepreneur [Fast Company] – There's plenty of advice out there for young entrepreneurs looking for mentors to help guide their new ventures. But there's comparatively little on how—or even whether—to sign on as someone's mentor. After all, it can be a taxing experience if you aren't prepared for it. So if you’re considering lending your expertise to help steer a new company, here are a few things you might want to think about first.
Could Your Business Survive An Economic Downturn In 2016? Four Ways To Prepare Yourself [Forbes] – Why not start 2016 with a resolution to do some contingency planning for the possibility of a downturn later this year? Below are four steps to take to manage your way through a potentially very challenging year.
The State Of The Startup Fundraising Market In 2016 [Seeking Alpha] – For all the talk about late stage rounds, megarounds and unicorns, early stage startups are benefitting disproportionately from near-record years of venture capital investment.
Why Women-Led Startups Don't Get Big Exits [BostInno] – Generally speaking, ventures lead by women and backed by VCs showed an exit rate 37 percent lower than that of startups led by men. However, Raina’s findings also hinted that a lack of women partners in the VC world is partially to blame for that disparity.