Female Entrepreneurs Motivated by Work-Life Balance

The idea of work-life balance can seem like a joke when you’re juggling full-time work and family responsibilities.

Female Entrepreneurs Worldwide Seek Work-Life Balance…

That’s why entrepreneurship has become an appealing option for increasing numbers of women.
In fact, 55 percent of American women entrepreneurs said they started or want to start their own business to achieve work-life balance, according to this article from Business News Daily, which cites a new survey by PayPal.

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Entrepreneur Goals for the New Year

Most of you have probably made New Year’s resolutions aimed at improving yourselves. But what about your businesses?

You haven’t made any?

No problem. This article on Inc. offers some great suggestions that could help any entrepreneur, including:

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2015 Trends That Will Influence Small Businesses

Getting a small business off the ground is challenging enough. Keeping up with every new trend, technological advance and social media tool can make anyone’s head spin. With that in mind, we scoured the Web for some expert analysis on factors for entrepreneurs to look for in 2015. Here’s a look at what we found.

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Entrepreneurship Can Start at Any Age

Once upon a time, a teen with an entrepreneurial streak had few options: babysitting, mowing yards or maybe a paper route.

These days, young people are designing clothing lines, designing apps and creating other businesses before they finish – or even start high school.

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Microloans Can Help Businesses in a Low-Income Area

Many entrepreneurs take out bank loans or maybe even max out credit cards to launch their businesses. But what if you can’t get a loan and don’t have credit cards. Microloans can be a lifesaver for budding entrepreneurs who don’t have access to traditional financing.

The loans are allowing people like Mario B. Morales realize their dreams. Morales couldn’t get bank financing to launch his food truck business, Yummy Dog, which sells gourmet sausage dogs. Then he received a $5,000 loan from Accion Texas, according to this article in the Houston Chronicle. Microloans at Accion Texas range from $500 to $250,000, and the average loan in the Houston market is $21,000. Fixed interest rates range from 7.25 percent to 18 percent, the article said.

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The Benefits to Being a Boss

You dream of starting a business, but you have no experience. Not a problem. In fact, it might be an advantage. Take Ariel Nelson and Lane Gerson. The friends just raised $9 million for their men’s footwear company, Jack Erwin, featured in this Entrepreneur article. Neither had any experience. Gerson worked in accounting and finance and Nelson in food and beverage distribution. They just wanted shoes, good quality shoes that didn’t cost a fortune. They didn’t let their background keep them from launching their own company.

“The lesson that Jack Erwin’s founders learned is one that aspiring entrepreneurs should never forget: Don’t let your great idea be stalled by your own lack of experience.” Entrepreneurship doesn’t require a college degree, professional experience or references – there really are no formal qualifications to becoming an entrepreneur.

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Business Lessons from the Grinch

There is much wisdom to be gained from the Grinch.

It’s that time of year when Dr. Seuss’ iconic character is frequently on TV, in the all-time classic 1966 cartoon How the Grinch Stole Christmas. And his annual re-emergence got us to thinking about some of his character traits. Sure enough, he has some of the tools it takes to succeed in small business — once you get past his anti-everything attitude, his raging case of kleptomania and his grumpy appearance.

Here’s a look at a few business lessons, courtesy of our favorite Christmas curmudgeon. 

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Tips for Creating a Memorable Company Name

You’ve got a great business idea. Maybe even partners, investors and office space.

What’s your company’s name? Wait, what was that again?

Your business’ name has to be one that will stick in people’s minds. This article in Entrepreneur shows what the science of memory can teach us about coming up with an unforgettable business name.

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Keys to Success: Stay Positive

The last few weeks of the year can be equal parts profitable and stressful for a small business. Anyone who has fought their way through a Black Friday madhouse or a mall-traffic nightmare knows how frustrating things can get — and that’s just on the shopping end of the spectrum.

That brings us to an idea that is always worth discussing — the need to stay positive. For small business owners, it is essential. Not only will it rub off on employees, but it can have a positive effect on customers as well.

Here are a few ways to look on the bright side of life.

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Finding the Best Talent for Your Startup

Great employees can help you take your startup to the next level. But how do you find them? It can be a challenge for any business to recruit the best hires. But for an early stage startup, it can be even tougher.

There’s the competition with established companies for talented employees. And then there’s the salary issue: How do you lure candidates who could command bigger paychecks at larger companies? But that doesn’t have to keep you from reeling in top talent. The key is to know your selling points – and how to sell them to the right candidates.

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