So how do you break into a crowded digital marketplace? The author of this article asked nine successful entrepreneurs that did just that. Their responses range from offering the highest quality product and being fully transparent with your customers to improving the customer experience and being local, wherever you are.
Citing the statistic that over the past two decades, the number of women-owned businesses has grown 114% compared to the 44% national growth rate for all new companies, the author shares eight predictions from women leaders for 2019 entrepreneurism trends:
- More women will develop side hustles
- Startups focused on improving the lives of women will continue to grow
- Successful female entrepreneurs will work to close the VC gap
- More millennial women will want to be part of female-led organizations
- More women will take part in political activism
- More women will become board members
- Minority women will continue to launch businesses at record levels
- Women will make sustainability more mainstream
Citing high-profile failures by entrepreneurs who proclaimed they simply follow their gut instincts, the author discusses four major trends which define a new pattern for making smart business decisions (based on the book “Judgment Calls: Twelve Stories of Big Decisions and the Teams That Got Them Right”): the recognition that “none of us is as smart as all of us”; new models for “collaborative leadership” in organizations; the use of data and analytics to support and make decisions; and finally, technology moves to the realms of knowledge, insight, and judgment.
Jean Case, the author of the recently published book, “Be Fearless: 5 Principles for a Life of Breakthroughs and Purpose,” is interviewed in this article where she answers eight compelling questions about what it means to be fearless (hint: it’s not an absence of fear). She addresses a range of subjects, from how to prevent yourself from getting overwhelmed in the pursuit of audacious goals to whether you should think differently about risk as your organization scales and you become responsible for more people.
Getting – and staying – motivated can be a challenge, whether you’re working on a larger goal or just trying to rev up for the day. When motivational quotes, visualization, or other practices fall short, “understanding your motivation style could be the key to setting yourself up for greater success.” Here the author discusses four motivation styles and how to leverage them to motivate yourself: power, values, work preference (pioneers vs. guardians), and connection (affiliation and relationships).
When starting a business, one of the first and most significant decisions you’ll have to make is whether to go it alone or enlist a partner. While creating a partnership has many benefits and allows you to quickly scale your business, partnerships are not for everyone. Like all relationships, partnerships can prove challenging, especially when you factor in the financial component. So, in weighing the pros and cons, you may find that a sole proprietorship makes more sense. Here the author discusses five benefits of going it alone, from being completely in charge to not having to get financially “married”.
No matter the type or size of your business, it’s a difficult task to lead productive meetings – especially virtual meetings involving remote workers and offices. It is well documented that most find meetings a waste of time, leaving many to wonder if there is a need for them at all.
In this article, Google Cloud’s director of product management shares five best practices employed by the search giant that allows them “to scale the culture of spontaneous creativity and productivity across offices”: lay the groundwork before the meeting; promote a “video-first” approach (as opposed to voice only); make meetings interactive to keep everyone engaged; actively encourage everyone to participate – including your remote attendees; and lastly, share meeting success.
Why do the world’s most successful businesses outsource? To realize the many benefits outsourcing brings, including time and money savings, speed to innovation, increased access to top talent, and staffing flexibility. Here, five global enterprises – Google, Slack, Microsoft, Alibaba, and GitHub – share their reasons for outsourcing work, from a need for expertise to brand and app development.
Noting that productivity “is all about efficiency – doing more, faster and with less,” the author presents a slidedeck on how to get the most out of your day, focusing on three segments of your life: time, space and mindset.