Category Archive: Entrepreneurship & Small Business

7 Ways a Sharing Economy Can Help Your Business Save or Make Money

According to a recent study, the sharing economy is growing exponentially. This is the economy created by organizations like eBay and Airbnb. Increasingly, individuals and businesses are cutting out the middle man and dealing with each other directly. We’re exchanging and sharing resources, either for a fee or a reciprocal resource.
The benefits to businesses are huge. There’s vast potential for saving money and generating new streams of revenue.

sharing economy

Here are just some of the ways the sharing economy can help your business:

1. Save or Make Money Through Office Space

Big companies have unused office space. Smaller companies can’t afford to rent big office spaces for their tiny operation. By using a community sharing site to rent office space, these two groups can come together and have both their needs met. Benefits extend beyond the financial too. This was the case for Michelle Henry and Steve Turrell when they found a joint premises for their signage and printing businesses. Through office sharing they were able to share ideas and skills that furthered both their companies.

2. Find the Best Freelancers

There are a number of websites out there allowing businesses to find the best freelancers for their projects. Having access to so many available freelancers, not just those in your pile of resumes, means you can avoid hiring a permanent member of staff until it’s absolutely necessary. For smaller or intermittent projects, this is an ideal way to maximise your funds.

3. Find Investment

Crowdfunding websites pair businesses with thousands of potential investors, in some cases bypassing the tricky business of applying for a bank loan altogether. Companies pitch their business idea and investors can decide how much they would like to invest.

4. Travel Cheaply

Company travel expenses can quickly rack up. The sharing economy has made travel more affordable. Catching a ride with Uber can cost significantly less than flagging a taxi cab in the street. Equally, finding a room or an apartment to rent through Airbnb will cost a lot less than a regular hotel room. And, as company executive and regular Airbnb business traveller Tad Milbourn finds, it’s a better accommodation experience all round.

5. Save or Make Money on Your Resources

sharing economyIf you’re a bigger business, you likely have resources and equipment that goes unused throughout the course of the day or even the week. Renting your resources out by the hour or the day will generate extra income for your company. For smaller businesses, renting from bigger businesses in this way reduces the cost spent on equipment rarely used.

6. Save or Make Money Using Delivery Space

Another money maker for bigger companies and a money saver for smaller ones: delivery vans. They travel the length and breadth of the country at half capacity. For smaller companies, the cost of running a van may be prohibitive, but renting space in one is a much more accessible prospect.

7. Improve Your Environmental Credentials

Making use of the sharing economy can make your business greener. Increasingly, customers and clients are concerned about the ethical and environmental impact imposed by the companies they do business with. Incorporating strong values into your brand image is good for your brand authority and customer loyalty. Sharing a delivery van reduces harmful emissions, sharing an office space reduces the ecological impact of heating separate buildings, whilst sharing resources reduces both manufacturing emissions and landfill waste.

The sharing economy has been a major boost for many businesses. Whether you’re using it to save or to make money, improve your staff resource or develop more environmentally friendly operations, there are plenty of opportunities out there.

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Emma LewisMeet the Author: Emma Lewis

Emma Lewis is a loving mother, a devoted wife and a part of the team supporting Spacer – a company helping you find storage space whenever you need it. Emma is also a staunch supporter of the sharing economy and often mentions its benefits.


Permanent link to this article: http://www.leadershipgirl.com/7-ways-sharing-economy-help-business/

3 Signs it is Time to Hire Your First Employee!

Small businesses and freelancing are growing more popular with time. With online and social media marketing, it’s easy to set up a business and be your own boss. This is why you see more people turning to entrepreneurship and be all the happier for it.

However, there comes a time when a self-employed individual feels the need to expand their business. Some businesses may have at least one employee from the very beginning, but there are several that have to consider hiring for the first time. Employing another individual requires commitment, risk and fixed costs.

first employee

Here we’ve rounded up signs that will help you decide whether or not it’s time for you to hire your first employee:

1. Work is Overwhelming

If you’re getting a lot of business, it’s a pity to turn some of it away just because you don’t have the time and energy. Hiring another person could potentially increase your revenue multifold along with breathing new life into the system.

Turning away orders or customers doesn’t have to mean that you require extra help. It helps, however, to see just how you feel when you have to turn away clients. If you’re fine with this, then it is okay. If you feel bad, guilty or worried about losing business, you should seriously consider your first hire.

You’ll have to think about the kind of employee you need for your line of work. If you just have a large temporary project, consider hiring a contractor or a part-time employee. Hiring full time isn’t always the way to go. You can always offer your part-time worker longer hours or a full-time position if things work out.

2. No Time for Research and Development

Even the smallest companies should have some time and budget devoted to research and development. This department is what allows a company to grow outside of its everyday operations. You may have no time to seek out and attract new customers because you’re too busy with the existing ones.

To find out if you need to hire an employee in such a case, make a list of the things you can safely delegate to someone else. Once your mind is free from mundane and simple tasks, you can set challenges for yourself and brainstorm your company to new levels!

first employee3. Decline in Customer Satisfaction

If you are a tiny business and are working for yourself, you probably have a very special relationship with your customers. Customer loyalty is one of the factors that give an edge to small businesses over large ones. Once you get busy, however, you may not have enough time for that personalized service your clients have grown to love. This may lead to customer dissatisfaction and a gradual trickling away of your consumer base.

Before this happens, you may want to free yourself up. Hire an employee who understands the importance of customer service, and set a good example for them. Such an action would also be a potential lifesaver for your company, as unhappy customers can now do some pretty hard damage if they want. With review sites like Yelp and a comments section on every social media platform, you don’t want customers airing their grievances online.

Wrapping Up…

When you stay alert to the ins and outs of your work and the market for it, you can easily detect the time for hiring your first employee. Given that you’re able to handle all the costs and can find a suitable person, hiring a new employee is a positive step. If nothing else, every hard worker like yourself should be able to take a break every now and then!


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Jenna BurtonMeet the Author: Jenna Burton

Jenna Burton is an Academic Expert, Researcher and an Academic Writer. She also renders professional academic consultancy services to students who want to buy dissertation uk. She is a sport freak and plays all kinds of sports.


Permanent link to this article: http://www.leadershipgirl.com/signs-time-hire-first-employee/

Career or Family Time – Which is More Important? Is There a Way to Balance?

~by Brandon Greene~

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Many small business owners, entrepreneurs and professionals struggle with balancing their family life and achieving their career goals. Some people get frustrated and give up on their dreams altogether, while others push their families to the wayside in an effort to further their careers.

Neither one of these situations is ideal or completely beneficial in the long run. Without a balance of both family and career, you will most likely end up with one or the other — not both. I think it’s important to have both in your life in order to be truly happy and fulfilled.

family time

Family is Important

Family is important because it’s what keeps you going. Good relationships with your spouse, kids or friends will make you happier and more productive at work than you could ever be without these relationships. I’ve always found it ironic that so many people are career driven in an effort to provide a better life for their families and end up neglecting them in the process.

This is particularly true in the industry that I am most familiar with: public accounting. Like all industries, public accounting has its slow seasons and busy seasons, but most businesses’ busy seasons don’t compare to tax season. This four-month grind of business and individual tax deadlines is enough to suck the life out of anyone.

During tax season, it wasn’t uncommon for me to work 80-90 hours per week. Couple this with an hour commute to and from work each day; it left me with little time or energy to spend with my family or maintain an actual social life. This type of schedule isn’t healthy or sustainable. This might be why the average public accounting career only lasts a few years.

After a few tax seasons of never seeing my family, it really started to wear on my attitude at work. I dreaded tax season so much that November and December turned into a count down to the end of my life instead of fun with the family around the holidays. I was less productive at work and less enjoyable to be around outside of work.

The lack of balance in my life really affected my output, creativity and motivation at work. This isn’t a phenomenon unique to public accounting though. You can experience the same thing in your business as well. A lack of balance in your life could be making you less productive and holding your business back.

Your Business is Important

Your business is important for many reasons. Obviously, it’s a means of supporting you and your family, but it is much more than that. Building a business gives you a sense of accomplishment and feeds your competitive drive. It’s also a lot of fun.

After growing tired of tax seasons, I decided to leave public accounting and start my own business. I quickly fell into the same dilemma of running my business or spending time with my family. Knowing that I didn’t want to make the same mistakes that wore me out in public accounting, I decided to implement these three practices in my business to ensure my work-life balance and grow my business.

#1 Delegate Unnecessary Tasks

Being a control freak is a recipe for stagnation and failure. Not to mention, it takes up a ton of your time. I realized very quickly that I can’t do everything and don’t want to do everything. Thus, I sat down and analyzed my business to identify the activities that didn’t really require me. Most of these were simple administrative tasks that could easily be delegated to one of my employees.

By removing unnecessary tasks from my schedule, I was able to focus on the things that mattered, and spend less time at work and more time with my family.

#2 Build Family Time into My Business

This concept sounds very unproductive, but it really isn’t. I looked at my schedule and made time to spend with my family during busy weeks. For instance, every Tuesday I meet my wife for lunch. This doesn’t take any time away from the business operations, but it helps maintain a balance in my life.

#3 Work from Home

family timeWorking from home isn’t an option for every small business owner, but I’m sure you can find some tasks that can be done from home. For instance, answering customer emails or sending out purchase orders can easily be done on the couch while watching a movie with family. You might argue that this isn’t “quality” time since I’m still working, but it does beat the alternative of me being at the office.

Both are Important

In short, both family and work are important. Having great relationships in your life will make you more productive at work and more motivated to take on the competition. On the flip side, not letting your business take over your life will allow you to make and keep great relationships. It goes full circle.

Take a look at your business and see if there are any areas that you can adjust to improve your work-life balance. It’s more than worth the effort.


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Brandon GreeneMeet the Author: Brandon Greene

Brandon is a public accounting survivor and the founder of the AIS CPA exam home. He uses his experience in accounting and knowledge of the CPA exam to help students with their certification classes and start their careers in accounting.


Permanent link to this article: http://www.leadershipgirl.com/career-family-time/

How Your Business Can Make a Difference in Your Community

~by Lizzie Weakley~

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Every business man or woman works to serve the greater community. You want people to travel from many miles away to visit your business. You want to change lives and inspire others to follow in your footsteps. Eventually, you know that doing business is not all about making money and earning a living.

Learn how the power and success of your business can make a difference in your community in a very positive way.

make a difference

Provide Jobs

Everyone knows how important it is to provide jobs in the community. Every city is known for the job growth and unemployment rates. Local people do not want to drive hundreds of miles to commute. When you start a local business, you provide jobs for the local community so they have more opportunities to succeed. Also, everyone feels proud to live in a place that is improving the economy and increasing tourism.

Inspire Others

You and many other business people have at least one role model to look up to. This person could be the founder or CEO of a major company that started out as another unknown business with less than 50 employees.

Inspire young people who are uncertain about their future career paths. At the least, inspire them to enroll in a good business program where they learn the basics of business management and entrepreneurship.

In recent decades, the number of online colleges that provide advanced business programs has grown exponentially. Find hundreds of Master’s degree programs offered in different fields of business. Future government officials may want to consider getting an online masters of public administration.

make a differenceIncrease Community Pride

The simple presence of your successful business makes people feel proud to live in that community. Fewer people want to leave, and more people want to move there. Pride is a quality that is underrated in countless towns and cities around the world. Build a business that gets people moving in the right direction for the current and future generations.

Working in business is known for being risky first and rewarding eventually. Soon, you realize that your money-making potential is not the most important goal to have in mind. You take on the additional roles of being a community leader and an inspiration for young people. Whether you are a new or veteran business owner, know the potential that your company has to change your community.


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Lizzie WeakleyMeet the Author: Lizzie Weakley

Lizzie is a freelance writer from Columbus, Ohio. She went to college at The Ohio State University where she studied communications. In her free time, she enjoys the outdoors and long walks in the park with her 3-year-old husky, Snowball.


Permanent link to this article: http://www.leadershipgirl.com/business-make-a-difference-in-your-community/

4 Tips for Successfully Running a Home-Based Business

~by Emma Sturgis~

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Running your own business can always be a difficult task. However, running a business out of your home adds extra obstacles to being a successful entrepreneur. Trying to find a calm and private place to work can be difficult with loud roommates, needy children and house chores that seem to be never-ending. In order to succeed when running a home-based business, you must be able to adapt.

 

Here are four tips for successfully running a business out of your home.

running a home-based business1. Create a Designated Work Area

When working from home, you must have an area of your home that is dedicated specifically to working on your business. This room or area of your home will not only be a great way for you to earn income, but will also turn into a hefty tax deduction. Measuring the area of your home used for your business will allow you to calculate the tax deduction you will receive on your taxes. A designated area of your home will also help your kids, roommates and partner understand your professional limits. As a business owner, you are going to have to put in extra hours. Those who live in your home with you should understand that when you are in your home office you should not be disturbed.

2. Get the Tools Big Offices Use to Succeed

Just because you are running your business from your home doesn’t mean you shouldn’t have the tools bigger offices use for success. If you are in need of a multi-function printer, don’t buy a cheaper printer that wasn’t designed for business use. Make the extra investment by purchasing a business printer that will be able to withstand your constant workload. Consider working with professionals to help you pick out the office equipment you need.

running a home-based business3. Remove Distractions

While it might seem fun to run your business on the couch while watching movies, realistically this isn’t the way that successful businesses get to the top of their industry. Your home office should be distraction free. Remove distracting TVs, game consoles and furniture, and limit the time you spend on social media while working on your business.

4. Set a Strict Schedule

As your own boss, it is important that you stick to a strict schedule. Consistency is key when running your own business, and nothing helps consistency like a solid schedule.

Running a business from the comfort of your home can be very lucrative if you spend the time mastering the art of home businesses. These tips will help you take your business to the next level faster than you could have ever imagined.


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Emma SturgisMeet the Author: Emma Sturgis

Emma is a freelance writer based in Boston, MA. When not writing, she enjoys reading and rock climbing. Say “hi” on Twitter @EmmaSturgis2.


Permanent link to this article: http://www.leadershipgirl.com/running-a-home-based-business/

5 Tips for Maintaining a Safe Workplace, Free from Hazards and Injuries

~by Dixie Somers~

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As a business owner it’s your responsibility to keep employees safe. The cost of neglecting safety can be serious. You could face law suits, fines, lost productivity, and a reputation as a dangerous and uncaring company. All employers need to take steps to ensure they are providing a safe workplace. Here are five tips you should follow.

1. Maintain Cleanliness

safe workplaceWork areas are more productive when they’re neat and organized. They are also safer. Removing clutter and debris will help to minimize risks of falls, knocking items off shelves or tables. Insist that spills or garbage that could cause slipping or unsanitary conditions are cleaned up immediately. Ensure that work areas are kept clean and that everything is kept in its proper place when not in use.

2. Keep Machinery in Safe Working Order

Ordinary wear and tear can lead to breakdowns that make equipment unsafe, leading to injury and workers compensation lawsuits. Make a safety check of everything from hand tools to forklifts a part of the routine. Bad brakes, loose safety rails or handles, slipping belts, and exposed wires could lead to serious accidents. As the business owner, you owe it to yourself and your employees to maintain equipment in good working order.

3. Educate Employees on Safety

Make a review of safety procedures mandatory for new hires, and a part of regular training for all employees. Employees need to know about the potential dangers they may encounter in their roles. Be sure they can locate and use fire extinguishers, first aid stations, emergency alarms and exits, and that they know how to properly handle and store chemicals. You might also consider appointing a safety officer, such as someone qualified through a bachelors in occupational safety.

safe workplace4. Observe Employees in Action

Make sure that supervisors understand the importance of safety. Have them keep watch during normal operations to ensure safety guidelines are being followed. This can include properly stacking boxes or pallets, turning off machinery when not in use, and wearing gloves, eye protection, aprons, or respirators as needed.

5. Encourage Staff to Report Unsafe Conditions

You should provide a documentable means that allows all employees to report potential safety risks to supervisors, maintenance personnel, or both. Slippery walkways, loose racks, dim or erratic lighting, or anything that appears to be a potential hazard, should be identified, investigated and corrected immediately.

Maintaining a safe workplace requires organization and constant vigilance. Be sure to schedule safety training sessions, especially on those issues you consider critical. Creating a company culture where health and safety are valued reduces the risk of costly accidents.


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Dixie SomersMeet the Author: Dixie Somers

Dixie Somers is a freelance writer who loves writing for business, finance, and those with an entrepreneurial spirit. She lives in Arizona with her husband and three beautiful daughters.


Permanent link to this article: http://www.leadershipgirl.com/tips-maintaining-safe-workplace-hazards-injuries/

Why Entrepreneurs Need to Focus on Risk Management First

~by Mila Sanchez~

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If you have dreams of starting your own business, or have already opened one, you know there are so many things you have to think about. For instance: what do you want to sell? What service do you want to provide? Where do you want your business to be located? How do you reach your intended customers? But, the thing you need to think about most is risk management.

risk managementAs any entrepreneur knows, there is a lot of risk involved in starting a business. In fact, nine out of 10 startups will fail. This sounds like a scary number, but don’t let it hinder your drive. However, do let it highlight the importance of addressing and managing your risks as you go forward with your ideas. Project managers for established businesses know the sensitive and serious nature of analyzing and managing their risks, and the basic principles can really be applied to startups as well. What else is a startup other than a big project you hope succeeds?!

Here are some risks you should be aware of so you can best prepare for and manage them.

Researching the market and demand

Taking a good look at the market and demand is vital when determining if your business idea is a viable and sustainable one. Is there a demand for the product you want to offer? Is that demand already being filled by other businesses? If so, what is it about your product that makes it stand out among the rest?

For example, sushi is constantly growing in popularity. But if your city of 200,000 people already has 20 sushi restaurants with moderate traffic, there is a good chance that opening another restaurant dedicated to that delectable delight won’t have outstanding success. Unless you can guarantee that your product is different and better than the rest out there, it might be better to work on a business plan that addresses a demand not already being filled by others. By figuring this out in the beginning, you can eliminate some of the risk of your business failing.  

Identifying your customers and outreach

Whether your business is offering an entirely original idea or a new product you’ve invented, you need to identify your customers. Who is your target customer? Why is your product something that they need? How are you going to reach them and provide your product?

Luckily, it’s easy to research these questions with the internet. You can see if people are complaining about the problem you are trying to solve or having conversations surrounding the idea. Once you can see who might want your product or service, it’s time to find the best way to reach these potential customers. If you can’t effectively reach them, your business will never have a fighting chance. The risk here is your new product or service and whether or not it is going to be successful; researching and finding your target customer is going to make planning for reducing this risk a lot easier.

Keeping your business safe

risk managementWith technology creating so much access these days, starting a business has become easier than ever before. Almost all functions and information on the “paper” side of your business is done through computer programs and online, making many processes efficient and accessible. Unfortunately, all of your sensitive business information being digital makes you a target for cybercrime, and small businesses and startups are especially vulnerable.

Cybercrime is a huge risk, and if you are attacked, it can destroy your business and even your livelihood, as you are likely heavily invested in your own business. Using proper firewalls and security encryptions are essential to keeping your business data and your customers’ credit and debit card information safe. Routinely running virus and malware scans will also help prevent and stop attacks to your hardware and software.

Knowing and managing your risks will help set you up for success as you ride the rollercoaster that is starting a business. With the help of technology, you can easily research your market and demand, find and reach your customers, and secure your business data. The more you can plan and control these risks surrounding your startup, the more you are setting your new business up for success.


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Mila Sanchez


Meet the Author: Mila Sanchez

Mila Sanchez is a writer with a BA in English Linguistics living in beautiful Boise, ID. Her ambitions include traveling the world, studying languages and taking pictures of her dog, Baymax. Connect with her on Twitter and Instagram!


Permanent link to this article: http://www.leadershipgirl.com/entrepreneurs-focus-risk-management/

Why I’ll Never Promise You $1,000 a Week or Instant Success

~by Haley Lynn Gray~

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instant successConfession time. The posts that promise you’ll make $1,000 a week or some other unrealistic amount of money drive me bonkers. I see people piling on like rats on a sinking ship, and I just shake my head. And if it’s a post in my Facebook group, Women’s Entrepreneur Network, I hit delete as quickly as I possibly can. 

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It drives me bonkers, I tell ya.

You should see the steam coming out of my ears!

Why?

Because many of these posts are scams. Anyone who promises you that you’re going to make a certain amount of money by working just two hours a week from home is lying through their teeth. 

1. There are no promises or guarantees in business, except that if you come in and do your part, you’re likely to succeed. Doing your part here is critical, and what the word “succeed” means to each person is quite different.

2. Depending on economic conditions, skill sets, personality, alignment of the planets, and too many other factors, making a large amount of money per week may be possible, but it also might not be. 

instant success3. Too many people make promises that they can’t deliver. What I CAN promise you is that if you follow the basic principles of business, you’ll get more visibility and ultimately get more clients. The more effort you make, especially in the beginning, the better you’ll do. Inspired action is great, but you can’t sit around waiting for inspiration to hit, then only take action when you feel that the stars are in proper alignment or the moon is in the right phase. You have to do your part.

4. Please for the love of all that is holy, if someone is promising you can get rich quick with their program or system, STOP! Take a few moments and figure out if they’re genuine or a scam. Take a second for that reality check, please, before you get taken for a ride. I see it all day long in my Women’s Entrepreneur Network Facebook group, and I spend endless hours deleting the get rich quick posts. And if I happen to miss one and let it post, I frequently see replies to them. EEK! 

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The reality is that there are no guarantees in life or in business. There is no overnight or instant success. Mindset is important, but so is sticking with it, and so is consistency. 

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You can do this. I have faith in you. That’s why I started my Facebook group – to support you, and other women like you – to be a community that supports one another.


Have you been using Google as your business consultant?

Are you ready to start working with an expert in business instead?

Schedule a consult with me today.


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Meet the Author: Haley Lynn Gray

Haley Lynn GrayHaley helps female entrepreneurs create a strategy plan for their businesses – so they can make enough money to spend quality time with their family, pay for their children’s dance lessons, pay bills – and not worry about where the next client is coming from.

Haley is a serial entrepreneur and founder of Leadership Girl. She helps other entrepreneurs build their businesses by sharing the benefits of her business education and experience through Business Coaching.

Whether you want to get a new business off the ground or expand an existing business, Haley can assist you.

Connect with Haley:


Permanent link to this article: http://www.leadershipgirl.com/will-never-promise-1000-week-instant-success/

How to Get the Management Skills You Need to Rise in Your Industry

~by Hannah Whittenly~

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As a new entrepreneur or business owner, you are probably well aware of any flaws that you may have and might even lack the complete confidence that you need. Such feelings are completely normal for those first stepping foot in the business world. However, you can overcome that by compensating with strengths — especially when it comes to the way that you run your business. In this game, efficiency is key, and those who do it better come out as the winners. A huge part of that efficiency is your ability to manage.

management skills

To help you gain the management skills that you absolutely need to come out on top, here are a few tips:

Determine Which Skills You Need

As “Management Skills List and Examples” indicates, there are hundreds of management skills that you should try to learn. Yet, to optimize your ability to move forward in your career sector, you need to know which of these management skills are the most applicable within your field. As noted in the aforementioned article, most management skills pertain to five basic functions:

  • Planning
  • Organizing
  • Coordinating
  • Directing
  • Oversight

Within each of the five major categories is a subset of skills that can include things like:

  • Persuasion
  • Research
  • Presentation
  • Responsibility
  • Productivity
  • Qualitative Skills
  • Problem Solving
  • Sales
  • Project Management
  • Public Speaking

You’d be better off determining which major and minor skill sets will help you rise in your specific industry rather than simply trying to attain general management skills. Entrepreneurs, for example, often have great ideas and come up with very useful products. Getting it out to the public, however, can be difficult—especially if you’re not a well-known person or have some significant competitors. In this case, it might be best to step up your game when it comes to sales, presentation and persuasion. If you’ve ever watched “Shark Tank” on TV, then you know that those three things are very important. Study up on different techniques and strategies that will make you stronger in those areas, but don’t forget to practice them! Grab a few of your friends or family members and practice pitching your products and business services to them. Little by little, you’ll get stronger at those skills and see your business profit for it.

Develop a “Team” Mentality

management skillsOne of the best ways to gain management skills is by working effectively with others. You can either do this through networking or working with whatever size team that you have available to you, small or big. You can collaborate with them on new products, event planning and business strategy. Doing so can help you develop management skills such as the following:

  • Conflict Resolution
  • Adaptability
  • Collaboration
  • Division of Work
  • Emotional Intelligence
  • Engagement
  • Flexibility

With this idea in mind, make sure that you operate according to a “team” mentality. There are several ways that you can learn to work effectively in a team. As noted in Inc., effective teamwork necessitates that each group member understands what the team is trying to accomplish. Therefore, one way for you to operate effectively as a team member is by remaining up to date regarding the group’s professional objectives.

Pursue an Additional Degree or Certification

When you’re an entrepreneur or new business owner, you’re pretty much on your own, and learning the skills that you need is pretty much all up to you. Therefore, if you’re serious about gaining the management skills necessary to rise in your industry, consider the value of pursuing an additional degree or certification. Engaging in an ongoing education process will always provide you with some or several management skills that you can use and list on resumes when you apply for jobs. If you’re an entrepreneur providing a service to the healthcare industry, for example, it would be beneficial for you to get your healthcare administration degree online. Whatever industry you’re in, you can find some way to become more educated in it. Not only that, but pursuing an education is one of the best ways to become up to date within the industry you’re trying to work in. It could also help to establish your legitimacy.

Hopefully, the above tips have helped you understand how you can go about becoming an effective business person with managerial skills that can only take you upward to success. Just remember to practice every newly obtained skill at every available opportunity.


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Hannah WhittenlyMeet the Author: Hannah Whittenly

Hannah Whittenly is a freelance writer and mother of two from Sacramento, CA. She graduated from the University of California-Sacramento with a degree in Journalism.


Permanent link to this article: http://www.leadershipgirl.com/management-skills-you-need-rise-industry/

Entrepreneurs, You’re Not in it Alone: How to Find Comfort in Your Resources

~by Kara Masterson~

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When working to start your own business, it’s not uncommon to feel alone and isolated. This can be problematic because it can kill your enthusiasm and do harm to your business. But it’s important to remember that, as an entrepreneur, you’re never truly alone. This guide will help you find comfort in the myriad of resources available to you.

entrepreneursYour Employees

Your employees are an excellent resource that you should always be using and referring to regularly. After all, very few others, aside from the people who are in it with you, are going to truly understand your company’s struggle. A good business owner needs to rely on his or her employees for updates, honesty and new ideas. Always take a minute to run an idea by one of your employees and see what he or she thinks about it. They’ll rise to the challenge.

Your Family

Your family can be a very supportive resource for keeping your spirits up and for advice as you build your new business. They can help encourage you to follow your dreams and offer outside solutions to problems you might be stuck on. Your family can definitely be your biggest support system and help get you through even the toughest times. When it comes to running a business it is important to remember that you are never alone.

Other Professionals

Other professionals working in your industry are an invaluable resource and you should never underestimate what good connections can do for you. They can give you advice, create key partnerships and help you find new, quality employees. Professionals outside your profession are also key, such as business lawyers. Experienced business attorneys can not only help you set your business up correctly, but they can also answer your questions that can help prevent legal issues down the road. Accountants can help you with your business taxes and keeping your business compliant. Never be afraid to look outside for help.

Other Resources

entrepreneursOther resources that can really help an entrepreneur include seminars, books, publications, blogs and more. Find publications, websites and blogs in your industry in particular, and make it a point to follow them. There are countless books out there on the subject of starting your own business and being a good manager. Industry seminars and events let you connect with other industry professionals and learn new information and tricks that will make your life easier.

Entrepreneurship can be lonely and extremely hard, so never be afraid to fall back on your resources for advice, knowledge or a little encouragement. Utilize the people and resources listed above to reassure yourself that you aren’t in this alone and that you can do this!


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Kara MastersonMeet the Author: Kara Masterson

Kara Masterson is a freelance writer from Utah. She enjoys playing tennis and spending time with her family.


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