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Author Archive: theyec

The Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world's most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses.

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10 Pieces of Business Advice Not to Follow

10 Pieces of Business Advice Not to Follow

| March 9, 2014 | 3 Comments

Question: What’s the worst business advice somebody gave you when you were starting your business (and how did you prove them wrong)? 1. Don’t Do It “Possibly the most heart-crushing, tear-jerking thing anyone has ever said to me was, “Don’t pursue your passion.” Not many people can make a living off their creative passions, but I […]

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4 Delegation Strategies for Busy Entrepreneurs

4 Delegation Strategies for Busy Entrepreneurs

| March 8, 2014 | 1 Comment

When you first launch your company, you have to micromanage to some extent – there’s little or no team infrastructure and, since you’re building a company from the ground up, every decision builds and shapes the future of the company. As you scale your business, however, there comes a time when micromanaging actually damages your […]

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13 Important Qualities to Look for in a Potential Mentor

13 Important Qualities to Look for in a Potential Mentor

| March 7, 2014 | 1 Comment

Q. What is the most important quality young entrepreneurs should look for in a mentor and why? The following answers are provided by the Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship program that helps […]

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8 Apps That Will Help You Accomplish Your Goals Quicker

8 Apps That Will Help You Accomplish Your Goals Quicker

| February 15, 2014 | 4 Comments

What is one app every young entrepreneur should use to stay accountable to their goals this year? The following answers are provided by the Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship program that helps […]

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7 Best Ways to Deal With Negative Press

7 Best Ways to Deal With Negative Press

| February 11, 2014 | 2 Comments

Q. My company just received negative press in a major media outlet. Should I put out my own press release stating my side of the story or stay quiet? The following answers are provided by the Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with […]

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10 Tips for Maximizing Your Customer Survey’s Effectiveness

10 Tips for Maximizing Your Customer Survey’s Effectiveness

| February 5, 2014 | 3 Comments

Q. What’s one tip for maximizing the effectiveness of customer surveys on your website? The following answers are provided by the Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship program that helps millions of entrepreneurs […]

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Tackling the Question of Valuation for Seed-Stage Startups

Tackling the Question of Valuation for Seed-Stage Startups

| February 4, 2014 | 1 Comment

How much should I raise? How expensive are your experiments? In any startup, there are huge risks in your future. Your job as a seed-stage company is to identify the biggest risks and tackle them first. Money doesn’t buy you a ticket around these risks. Instead, fundraising allows your team to build experiments that attempt […]

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How to Generate More Leads Online

How to Generate More Leads Online

| February 3, 2014 | 1 Comment

In this video, Dan Martell, founder and CEO of Clarity, addresses the importance of inbound lead generation for online products and services, including: The importance of content marketing Why social media and content marketing aren’t really “free” How many sign-ups per day a startup needs to gain momentum And finally, what virality really means. Watch the full clip […]

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5 Tips for Living a Healthy Startup Lifestyle

5 Tips for Living a Healthy Startup Lifestyle

| January 28, 2014 | 2 Comments

The startup lifestyle can be grueling. If you’re not careful, it can take a serious toll on your physical and mental health. It doesn’t matter whether you’re a CTO, a programmer, or work in a nontechnical capacity; everyone needs a startup survival strategy to help them maintain their work-life balance as they learn to juggle […]

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12 Ways Students Can Help Your Small Business Succeed

12 Ways Students Can Help Your Small Business Succeed

| January 10, 2014 | 0 Comments

QUESTION: NAME ONE SMART WAY THAT ENTREPRENEURS CAN LEVERAGE STUDENTS FOR THEIR SMALL BUSINESSES (AS INTERNS, FOCUS GROUPS, ETC.) 1. TAP INTO GREEK LIFE “Sororities and fraternities are some of the most useful and least tapped into resources for small businesses. If you’re looking to target a young demographic, they’re a relatively easy group to reach […]

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