One of the biggest challenges for entrepreneurs involves staffing and delegation. It can be hard to know when to hire full-time or put extra help in place and how to do it the right way. Small businesses and new entrepreneurs might want to consider the virtual assistant, or VA. A VA is basically an independent contractor or freelancer who performs support-staff tasks and functions, often...

Two competing trends are fighting for the souls of millennials. On one hand, there’s the much-documented commitment to the hustle, side or otherwise. On the other, there’s a backlash to hustle culture. In other words, a commitment to long hours of hard work to earn success has been widely celebrated, but is this tendency turning toxic and actually hindering...

As an HR professional, you’re probably on the lookout for opportunities to advance your career, and with it, your salary. You can always choose to bide your time, focusing on building up work experience at your HR department, helping your company achieve its goals. But, you may want to explore ways to prove your worth,...

Between sitting at a desk, commuting to work, and perusing our mobile devices, entrepreneurs can be quite sedentary. This lack of movement contributes to obesity and other health issues, both mental and physical, that so many of us experience. Obesity also impacts both profits and productivity. A 2017 review of 50 studies on the subject in the medical...

Entrepreneurs are not strangers to anxiety and depression. They’re just as susceptible as the rest of the population, if not more so, to mental illnesses such as bipolar disorder, sociopathy, schizophrenia, and more. I have written here on Entrepreneur about my problems with anxiety, especially while networking. May is National Mental Health Awareness Month in the U.S., so let’s...

While there’s no age limit to entrepreneurial success, it’s younger entrepreneurs who often get more attention in the news. Every day I get an email or two from PR firms asking me to write stories about a client, often a company run by a young founder. However, if you’re starting a new business, it’s not just...

If you’re a freelancer, you know all about the “gig economy” and how much it’s growing. According to U.S. Bureau of Labor statistics from 2016, 15 million people were self-employed. That’s more than 10 percent of all U.S. workers. By 2020, that figure is expected to rise significantly. That’s good news for entrepreneurs. It gives companies of...

No one works harder for your business than you. It’s your baby, and you put in the blood, sweat and tears to make it a success. Of course, it’s not just your effort that propels a business toward success. You must hire incredible talent and use the most effective tools and technology to power your...

Running a business takes hard work, which can reap the rewards of customers, revenue and satisfaction. While success is the ultimate goal, business risks may stop you from achieving the goals you set. When it comes to risk management, there are steps you can take, however. Here are seven types of business risk you may...

If a company’s goal is to increase profits, the answer isn’t always “increase revenue.” Instead, maybe your expenses are the real barrier between you and greater profitability. Often, business owners think, “If I could just make more money, then I could cover all the costs and finally increase my profit margin.” In reality, you might...