Thursday, April 18, 2024
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Entrepreneurs

Unlocking the Real Secrets Behind Entrepreneurial Success

Over the years, I have been amazed at how some people are misled by counterfiet concepts about how black entrepreneurs live and work. Most people are very comfortable with the stability they have on a job they may hate but get paid every 2 weeks. They look at the benefits, pay, vacation time, etc. The first difference between Entrepreneurs and the 9 to 5 workers is we understand the benefits AND the limits of working for other people. [...]

Should you Lower the Prices in Your Business?

Negotiate Your Prices? The High Cost of Lowering Your Bottom Line This is a tough question. Some say no, never negotiate your prices, and I was once told by a woman never to discount your prices because clients will never see the value of your I agree wholeheartedly with her, but that was before we had this huge economic problem. [...]

Make Your Hire Strategy your HIGHER Strategy

Quite often, as black-owned entrepreneurs, we find ourselves operating in a vacuum. We have SO many jobs that it's often difficult, even impossible at times to find good help. There are some mistakes that we often make that could make our lives so much easier. First and foremost, we must adapt to today's market and digital resources. We can still win, but we must be willing to adapt and change our previous concepts. For example, there is no need to hire full-time or even part-time employees for many jobs anymore. [...]

Why It Will Take Time to Hire for Jobs in Your Business

I consult a few businesses each week. I was talking to a client about his business in California, where he sells health products. He is outrageously passionate about what he sells.  His customers love him, and he is very dedicated. He is successful, but he is also exhausted. He has hired two employees to work under him, who he states do not have the same passion that he does, and he is frustrated by that.   He has complained about paying them great money and not getting the results. [...]

Working from Home? How to Be More Productive Tips

I've been working from home now for many years, and I have learned the hard way how to be the most efficient, save the most money, and get the most accomplished, and I'm going to share that with you so that you can save time and money and be more productive in your daily work. Some of these things may work for you when working from home, and some may not but read all of them to see where you're weak and strong. Have a schedule Map out a schedule you adhere to each week of what you plan [...]

Essential Negotiation Tactics for Entrepreneurs

5 Best Negotiation Tactics For All Entrepreneurs (New and Old) Negotiation is the bread and butter for all entrepreneurs. Negotiation involves tact, active listening skills, assertiveness, and, most importantly, research. It's an art form frequently used by business owners, freelancers, artists, and more to settle disputes and to achieve a desirable resolution for both parties involved in an agreement. For some, negotiating comes naturally. They speak, and people listen and want to agree with them. However, for others (including myself), negotiation is learned. [...]

Remote Work’s Impact on Black Entrepreneurs

Generational trauma, also called intergenerational trauma, is a concept used to explain the transmission of challenges within families. It has become a hot topic in recent years due to the focus on redefining mental health and due to the need for accessible and adequate mental health services. However, as a result of the Covid-19 pandemic or the 'new normal,' it seems as if the cycle of passed down trauma has finally broken. According to a 2021 Future of Work Abroad survey, Americans who live and work abroad are happier. [...]

Dame Dash on Industry Giants

Dame Dash may not be the most loved entrepreneur, but he does spit facts. On a new episode of Fox Sport's Club Shay Shay, Shannon Sharpe and Dame Dash covered various topics from Dash's childhood, his success in the industry, and his feelings on Kanye West and Kevin Hart's accolades. As an outspoken entrepreneur, he gave what most people expected: his raw, insightful, and honest thoughts on the music industry. Many respond to death through the normal grieving process: denial, anger, bargaining, depression, and acceptance. [...]