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Student entrepreneurs should take risks when starting their business, but how much risk must be carefully considered. Successful entrepreneurs tend to be risk-takers and become good at calculating risks associated with their businesses. The combination of strong...
Thoughtful risk-taking is the attempt to use consideration with some sort of fact-finding process in an attempt to minimize the severity of the potential consequences before deciding to take risks. The purpose of taking thoughtful risks is to lessen the overall impact...
Taking risks is beneficial for student entrepreneurs. Learn how to balance risk with opportunities to grow your business and include a calculated or thoughtful risk strategy into your business plan. Being a risk-taker does not mean continually throwing caution to the...
Vision boards are a powerful tool for entrepreneurs. Creating a vision board for your business is not about hocus pocus and wishing for dreams to come true. As a business owner, imagery helps you achieve your goals by bringing your dream and business plan alive and...
Setting SMART goal setting for your small business ensures alignment and helps you recognize and make the most of your opportunities. The process is not complicated and helps you measure success. SMART goals are Specific, Measurable, Achievable, Relevant, Timebound....
Entrepreneurs can write a business plan in just 10 simple steps. This critical step doesn’t need to be complicated, but it is worth your time. No matter what type of business you are starting, each section of your business plan ensures you are aligned and productive,...
Positive thinking is a known key to success, so here are 50 inspirational words to describe yourself – the ultimate business person - THE successful entrepreneur! Find what works for you. Use a thesaurus. Google synonyms. Create your list of adjectives. Don't let your...
Become a micro-influencer and partner with key brands by maintaining a professional, consistent, and growing social media presence. The importance of influencer marketing as part of a company's social media marketing strategy continues to grow. Demonstrating proof of...
Flexible, creative mentorship programs meet the needs of both the mentor and the mentee. Successfully mentoring a fellow entrepreneur one-on-one requires good communication and planning. The program does not need to be traditional, but a great mentor knows...
Ask your mentor questions! Your mentoring relationship will improve when you ask for advice, thoughts on how to prepare or demonstrate leadership skills, or how to network and establish yourself. Successful mentoring relationships begin with preparation....
As an entrepreneurship major, you may be wondering what the future holds for you after you graduate with this business degree. Your journey begins before graduation. Explore the possibilities and begin to navigate your post-graduation landscape. The future is full of...
Grow your business in 2023 using money-smart habits. Focus your energy on activities that lead to growth and maximizing your investment using these tips. Successful entrepreneurs use more than a great idea and hustle; they recognize time is money. Entrepreneurship...