Smart Entrepreneurs Don’t Leap Without Looking — Here’s How to Strategically Approach Starting a Business
Opinions expressed by Entrepreneur contributors are their own. Founders often talk about taking a “leap of faith” when starting their business. The phrase, coined by Danish philosopher Søren Kierkegaard, describes believing in something without rational proof — accepting an uncertain outcome despite a lack of evidence. My opinion? This is a terrible way to approach […]
How to Pick the Right Friends and Family Investors for Your Business
Opinions expressed by Entrepreneur contributors are their own. Many an entrepreneur has turned to friends and family when it comes to securing the funding to start a business. In fact, “Friends and Family” has a place in the lexicon of entrepreneurship, along with “Bootstrapped,” “Angel Investors,” and “Venture Capital Financing.” Typically, sourcing from friends and […]
How to Build a Lasting Career in the Creator Economy
Opinions expressed by Entrepreneur contributors are their own. Is content creation becoming the new 9-to-5? It sure seems that way. We’ve gone from kids dreaming of becoming astronauts to aspiring YouTubers — and as much as I love life as a full-time internet pro, staying in this game has meant learning to operate like a […]
Taskrabbit Side Hustle Earns Over $70k a Month: How to Start
Want to start a side hustle? More than half (54%) of Americans already have one, according to research from MarketWatch, but choosing one out of so many options can be overwhelming. To keep it simple, plenty of side hustlers capitalize on skills they already have: cleaning, furniture assembly, TV mounting and just about anything in […]
How to Build a Thriving Business Without Venture Capital
Opinions expressed by Entrepreneur contributors are their own. After recent conversations with Y Combinator alumni and other promising entrepreneurs, I hear many of them have no plans to raise venture capital — ever. While raising funds is often crucial, bootstrapping is an approach every entrepreneur should consider. Contrary to the “move fast and break things” […]
How to Start a Business, Even When You’re Afraid: Gary Vee
Starting a business can be risky, especially because half of them fail within the first five years. But Gary Vaynerchuk, CEO of VaynerMedia, a global company with over 1,200 employees, says that waiting to begin can be worse than failing. Vaynerchuk is a serial entrepreneur worth over $200 million who recently launched vYve, a four-month, […]
How to Start, Sell a Million-Dollar Company: TaskRabbit Founder
Leah Solivan was an IBM engineer, working on business collaboration tools like Lotus Notes, when she found her million-dollar startup idea: an online marketplace connecting customers with “taskers” who could run errands or do household chores for them at a price. The idea arose from Solivan running out of dog food one night and asking […]
How to Cultivate an Entrepreneurial Mindset
Opinions expressed by Entrepreneur contributors are their own. The difference between business survival and striving for success often boils down to one factor — your mindset. Whether you’re an aspiring entrepreneur or a seasoned executive, your actions are always inspired by how you look at things. This ultimately affects your results and dictates what you […]
How to Build A Startup, From an Early Lyft, Twitch Investor
Even though there’s a .00006% chance that a startup will reach a $1 billion valuation, Silicon Valley investor Mike Maples Jr. has placed early bets on more than one startup that beat the odds. Across his nearly two-decade investing career, Maples found that startups he invested in early that are now worth over a billion […]
How To Be Rich By 25, According to a 29-Year-Old Billionaire
Austin Russell is a Stanford University dropout who became the world’s youngest self-made billionaire in 2020 at the age of 25 when his startup Luminar went public. Luminar creates sensing technology to help cars navigate their surroundings; Volvo, Toyota, and Mercedes-Benz use the sensors. Russell, now 29, spoke on the Masters of Scale podcast with […]