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7 Grants For Black-Owned Businesses to Apply For in 2024

Tech.Co

However, despite growing optimism, the path to success for Black entrepreneurs is still paved with systematic barriers in 2024. In spite of these roadblocks, there are a growing number of Black-owned business grants available, designed to help close the gap and make the business landscape more diverse. You can unsubscribe at any time.

Design 222
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Entrepreneurs: Employment law is not on your side!

Berkonomics

Almost all laws dealing with employment are designed to protect the employee, not the company. To most entrepreneurs, this often leads to an event whose resolution by a governmental agency or even a court seems unfair and illogical.

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5 Startup Challenges That Derail Many Entrepreneurs

Startup Professionals Musings

As a mentor to entrepreneurs, I tend to see many of the same obstacles appearing in every new startup, and since I don’t want to appear to be a downer , I’m not sure how to properly warn people ahead of time to be on the alert for these challenges. Too many entrepreneurs think that expert external advisors are suspect, or will slow them down.

Startup 131
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Sometimes your gut is the best you’ve got.

Berkonomics

An entrepreneur makes a claim that stretches comfort. The entrepreneur–founder explained this problem away by stating that the designers and manufacturers would ship direct after we’d grown to a large enough size. And designers or manufacturers never did offer to ship direct. I had my doubts but led the deal anyway.

Design 156
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Are you still flexible enough to be coached?

Berkonomics

As an early-stage investor, the first test for me is whether “my” entrepreneur is flexible in both the plan and execution of their vision (since from experience almost everything about a business plan changes over time), and whether that person, no matter what age or experience, is coachable. Why should we ask this question?

Coach 156
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Take this test to predict your success:

Berkonomics

Email readers, continue here…] Have you created high barriers to entry? Building a great business to create wealth for the entrepreneur at exit, means thinking of the exit strategies from the beginning. Great wealth is made from selling great businesses at immense profit for the entrepreneurs and investors who took the journey.

Patents 156
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How Digital Entrepreneurs Approach Startup Life

Tech.Co

Entrepreneurs have become more resourceful since the 80s, and your options are more diverse as well. The Instagram lifestyle may have inspired a slew of would-be entrepreneurs to merge work and travel as never done by previous generations. It is possible to add a few touch-ups as some are designed minimally. Coworking Space.