7 Skills Small Business CEOs Have to Acquire as Their New year’s Resolution in 2023

As a small business CEO, it is important to continually learn and grow in order to stay competitive and lead your company to success. As we enter 2023, it may be a good time to reflect on the skills that you need to acquire or improve upon in order to reach your goals.

Learning businesswoman

Here are a few skills that small business CEOs may want to consider adding to their list of new year’s resolutions:

1. Financial Management

As a CEO, you are responsible for managing the financial health of your company. This includes creating and sticking to a budget, forecasting future expenses and revenue, and making strategic financial decisions.…

Continue reading

6 Ways The Richard Yu Scholarship Is Empowering Young Entrepreneurs

Over the past few years, we have seen an increase in young entrepreneurs starting their businesses. This is a significant trend, and it is essential to support these young entrepreneurs as they work to build their businesses. One way we can do this is by providing them with access to resources and education. This scholarship provides opportunities for young entrepreneurs to learn from some of the best minds in the business.

Scholarship

This article will discuss five ways the Richard Yu Scholarship empowers young entrepreneurs.

Who Are Young Entrepreneurs?

Young entrepreneurs are defined as individuals who are between the ages of 18 and 35.…

Continue reading

5 Professional Development Ideas for Small Businesses

No one is born exceptional at their job, nor is there a shortcut to success. Every brilliant leader spent years honing their skills, and businesses do not become empires overnight.

Professional development

In a constantly evolving market that is becoming increasingly competitive, the key to achieving your goals is through professional development. It does not only enhance your current skills and keep you up-to-date on industry trends. It also allows you to gain a clearer perspective of the business landscape, enabling you to create a more effective strategy and come out ahead of your competitors.

Here are four professional development ideas that every small business should consider.…

Continue reading

CEO’s: Here Are Five Useful Skills You Can Learn Online

Online learning is enjoying an unprecedented boom at the moment, and not only because of the current COVID-19 pandemic. These days the number of online courses available is staggering, with a genuinely impressive variety of subjects on offer.

CEO learning online

Thanks to advances in technology and investment in the industry, an online education no longer has to be considered second best. So, whether you’re finding yourself with a bit of free time on your hands and want to learn something new, or wish to make a serious investment in your future, the internet is here to help – you can compare online courses at Elektev or other resources easily.…

Continue reading

3 Actions That Make CEOs Better Leaders

CEOs have a reputation for being decision-makers, yet ultimately, CEOs are leaders. Even so, decisions and leadership are intertwined. Being a strong leader requires making decisions that create transformation within an organization. Whether it’s transforming company culture, improving policies, or strengthening client relationships, CEOs are the leaders that put everything into motion.

Successful CEO leading a meeting

If you’re a CEO who wants to make an impact on your company, here’s a list of 3 actions that will make you a stronger leader.

1. Hire dedicated IT support

To understand the impact of your decisions, put yourself in the shoes of your employees.

Imagine you’re an employee trying to make a copy of an important document that must be mailed to a client that day.…

Continue reading

How To Best Offer Training & Development To Staff

Your business is only as good as the people you have working in it. Therefore it is key to not only hire the correct staff for each position, but to ensure that training and development is an ongoing process and not neglected. Each and every business and industry is constantly moving, changing and progressing and you need to move with it.

Staff training and development

Have A Training Plan For Every Member Of Staff

It’s important to have a training plan for every member of staff and, of course, to monitor their progress on this. You will then have a good record of who is progressing well and who needs a bit of support or extra management.…

Continue reading

How to Gain an Advantage as an Entrepreneur With No Experience

Experienced entrepreneurs have a massive advantage over their inexperienced counterparts. They’ve learned hard lessons from failures, they’ve been in positions of leadership, and they’ve had time to build and expand a professional network. Accordingly, it’s no surprise that first-time entrepreneurs are more likely to experience startup failure than serial entrepreneurs who have started multiple businesses in the past.

Inexperienced entrepreneur

Still, everyone has to start somewhere, and there are plenty of anecdotal examples of entrepreneurs who found success their first time in the role. So what steps can you take to gain an advantage as an entrepreneur with no experience?

Get Your Finances in Order

First, make sure you get your finances in order.…

Continue reading

Improving Your Potential: Here’s How CEOs can Reroute Their Life Toward Fulfillment

Most of us aren’t living life to the fullest – and While for many, the phrase “living life to the fullest” conjures images of enjoyment and happiness, in this article we’re going to explore ways to live life to the fullest–when it comes to your potential.

Studies show that individuals who make the most of their intellect, time, and bodies are often healthier, happier, and more content. It’s easy to start rerouting your life towards fulfillment, and it starts with unlocking your potential.

Professional development

Professional potential

Many of us wish for a better salary and a better position in our current field.…

Continue reading

Learning In The Digital Age

Are you a CEO who is always eager to learn new craft? Or, are you someone who’s eager to change direction in your career? You’re in luck, because the Internet makes learning easy and affordable. Read on to explore the world of education in the Digital Age.

Learning businesswoman

We like to think we can do just about anything online these days, and basically can. We can pay bills, play games, stay in touch with old friends, conduct business, share our personal lives, do research, and take on just about any other activity you can imagine, all without leaving our desks. One area of online utility that a lot of us probably don’t take full advantage of, however, is education.…

Continue reading

Why Small Business CEOs Need to Keep Learning

Do you allocate a certain amount of your time each week to learning something new about your industry or niche? If not, you may need to change this situation and consider spending more time educating yourself. The world’s leading business people are always inquisitive individuals and they want to continually keep learning for the following reasons.

Learning CEO

Learning Promotes New Ways of Thinking

The more you learn, the more dynamic you become as the leader of your business. If you don’t learn new business strategies or methods from experts like the business consultant Sam Ovens, there’s a good chance you and your business will be left behind.…

Continue reading