Plan Your Business Archives

Urbanum’s Brigid Beaubien: An Eclectic Approach to Home Goods

Urbanum, with its creatively decorated windows and sophisticated black and gold color scheme, sits in a busy, revitalized strip in the New Center neighborhood of Detroit. For gifts and decor, this spot can't be beat...

byStartupNation

September 6, 2022

How to Leverage Your Full-Time Job to Fund Your Entrepreneurial Dreams

When I accepted a position at a software development company after college, I was clear with them from the start. During the interview, they asked about my passion and my goals. I shared that I...

byKyara Gray

September 6, 2022

What I Learned Competing for Startup Money

Regardless of the type of business you’re starting, you need some money. Even if you plan to bootstrap, you still need to raise enough to live on and probably a small amount for operations. Considering...

byBob Buckley

August 31, 2022

Need Extra Cash? Pursue a Side Hustle

On this segment of "The Pre W. Smith Show," Jeff Sloan shares ideas on side hustles you can pursue during inflationary times, or any time you need some extra cash. Tune in for the full...

byJeff Sloan

August 29, 2022

5 Founders Share the One Piece of Advice They Wish They Knew Before Launching a Business

Becoming an entrepreneur comes with its fair share of unknowns. Taking the leap alone is a daunting feat. Along the way, there will be plenty of lessons learned and aha moments; some of which you...

byStartupNation

August 29, 2022

From Wall Street to Building a Restaurant Empire: 3 Tips for Mega-Entrepreneurship

As we embark on our professional careers, we all envision and strive for success within our respective industries. But for many, we may not hit that pinnacle stride until transitioning to a different industry or...

byKal Gullapalli

August 29, 2022

What It Takes to Make it as a Micro-Business

Micro-businesses are having a moment. They've grown considerably in the last several years, initially prompted by pandemic regulations and the Great Resignation, which led Americans to create 2.8 million more online micro-businesses in 2020 than...

byBev Campbell

August 22, 2022

Don’t Quit and Other Lessons from a Wantrepreneur Turned Entrepreneur

I’ve tried many businesses and side hustles over the past 15 years. I’ve mowed lawns, was a DJ at weddings, negotiated real estate deals, started an e-commerce business, and many others. Some of those endeavors...

byGarit Boothe

August 19, 2022

3 Tips to Maximize Your Energy to Live an Optimal Life as an Entrepreneur

Entrepreneurs are passionate leaders with seemingly endless energy, helping to advance our world one brilliant idea at a time. Throughout my career, I’ve been humbled and honored to speak at conferences filled with entrepreneurs, and...

byRob Dube

August 12, 2022

Here’s Why Market Timing is Everything When it Comes to Startup Success

The following is excerpted from “SUPER FOUNDERS: What Data Reveals About Billion-Dollar Startups” by Ali Tamaseb. Copyright © 2021. Available from PublicAffairs, an imprint of Hachette Book Group, Inc. In 1995, General Magic, the startup company where Tony...

byAli Tamaseb

August 9, 2022

Top 10 Habits of Successful Entrepreneurs

Decades of research have shown that the super-rich have a lot in common. They share the same mentality, for example, as well as a number of the habits they follow in their personal lives. To...

byMarlo Richardson

August 5, 2022

These Key Drivers Fuel Young Entrepreneurship

Almost everyone has had a turning point in their life that completely changes the trajectory of their career. Whether it be personal or professional, life is filled with countless trials and tribulations that can cause...

byAustin Clark

August 5, 2022

Morning Routines from 10 Successful Entrepreneurs

As a successful entrepreneur, what does your morning routine look like? What is your best tip for starting your workday off right? To help you develop an effective morning routine, we asked successful entrepreneurs for...

byBrett Farmiloe

August 4, 2022

4 ‘Boring’ Business Pillars Successful Entrepreneurs Can’t Overlook

Over the years, I’ve had the pleasure of working with a long list of entrepreneurs and the startups they’ve founded. I’ve witnessed failures and successes, and though there are unique variables contributing to the results...

byKyle Bryant

August 3, 2022

7 Lessons That Helped Me Succeed as a Second-Time Entrepreneur

I believed that my debut startup — an online fashion retail store — was slated for astounding success. In four years, we had raised $4 million in Pre Series-A funding, built an expansive customer base...

byDarpan Munjal

August 1, 2022

The Stealth Mode Startup: What We Learned, What We’d Change and Why We Succeeded, Part 2

At Lumos, we raised $30 million in funding in 18 months. No one knew until they knew–and they all found out on launch day. The best part? Our launch was successful. In Part 1, we...

byAndrej Safundzic

July 27, 2022

From Stealth Mode to Success: Launching an Under-the-Radar Startup, Part 1

At Lumos, we raised $30 million in funding over a period of 18 months. And we didn’t say a word. In Part 1 of this two-part series, we’ll talk about why we didn’t rush to...

byAndrej Safundzic

July 26, 2022

3 Effective Revenue Strategies to Use When Starting a Business

LinkedIn cofounder Reid Hoffman once said that starting a company is like jumping off a cliff and assembling the airplane on the way down. Indeed, founders and their teams often have to navigate multiple complex...

byKent Gustavson and Randy Baker

July 21, 2022

How to Support Startup Employee Wellness from Day 1

When startups put the wellness of their employees at the forefront of their business, they obtain fascinating results. Employees' work ethics are unmatched when they feel valued, prioritized and supported. Their productivity skyrockets compared to...

byApril Miller

July 21, 2022

How To Be Among the 1 Percent of Startups That Succeed

When you launch a startup, the odds are stacked against you. Statistics show that your chances of making it beyond the first year are only 1 in 10 regardless of your industry. So, how do...

byJT Ripton

July 20, 2022