Entrepreneurship

How to Avoid Burnout and Keep Your Business Thriving

Finding work-life balance isn’t a luxury, it’s a business strategy. When you run a small business, it can sometimes feel like it’s running you. Early mornings, late nights, constant problem solving, a never-ending list of tasks that only you can handle — it takes a toll. For many high achievers, including entrepreneurs, the pressure to […]

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Should You Invest in a Friend’s Business?

Examine all angles before investing in a friend’s business venture. Ben & Jerry’s was started by childhood best friends. Four grad school buddies founded Warby Parker. A long friendship-turned-partnership brought Clear to TSA security lines across the U.S. A shopping trip between two pals launched size-inclusive clothing brand Universal Standard. Yes, stories of successful business

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Entrepreneurs Keep Starting Businesses. Here’s What’s Driving Them

U.S. entrepreneurs formed a record 4.38 million new businesses in 2020, according to data from the Federal Reserve Bank of St. Louis. That total has been topped every year since, including in just the first 11 months of 2024. In the first years of the COVID-19 pandemic, urgent factors like job losses helped spur business

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How to Increase Prices Without Losing Customers

Focusing price increases on certain products and situations, like rush orders, can reduce the shock to customers. Rising costs tighten margins for business owners. And to make up for that increased pressure, businesses usually have to raise prices — which, when it’s done month after month, can start to wear on customers. Customers are facing

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