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13 Things to Beware of When Considering an Acquisition Offer

by / ⠀Entrepreneurship Startup Advice / January 30, 2015

What is one thing young entrepreneurs should be aware of when considering an acquisition offer? The following answers are provided by Young Entrepreneur Council (YEC), 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. 1. Legal Measures Too often, entrepreneurs wait too long to seek legal advice. I always advise entrepreneurs to seek legal advice very early in theacquisition process…

9 Out-of-the-Box Refund Policies (and Why They Work So Well)

by / ⠀Entrepreneurship Startup Advice / January 27, 2015

What is one creative feature you include in your refund policy and why does it work? The following answers are provided by Young Entrepreneur Council (YEC), 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. 1. No-Questions Refund Policy We have a zero-questions refund policy. You can use our software for…

12 Ways Millennials Will Change Company Culture in 2015

by / ⠀Entrepreneurship Startup Advice / January 9, 2015

How will company culture continue to change in the next two years as more Millennials make their way up the ladder? The following answers are provided by Young Entrepreneur Council (YEC), 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. 1. More Time-Tracking Tools Millennials are a hyperconnected generation and are growing more accustomed to working…

13 Questions You Should Always Ask a Potential Mentor

by / ⠀Entrepreneurship Startup Advice / January 1, 2015

What 1 question should you ALWAYS ask a potential mentor? The following answers are provided by Young Entrepreneur Council (YEC), 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. 1. “What Do You Wish You Knew at My Stage?” I always try to balance my mentor relationships…

13 Ways to Make Your Marketing Efforts Seasonal

by / ⠀Entrepreneur Interviews Entrepreneurship Startup Advice / December 20, 2014

Do you ever tie your marketing to the seasons? Why or why not (and if you do, how do you do so)? The following answers are provided by Young Entrepreneur Council (YEC), 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. 1. Yes: Every New Season Breathes a New Story It is always important to tailor your strategy to what is…

10 Ways Entrepreneurs Can Make the Most Out Of Black Friday Sales

by / ⠀Entrepreneur Interviews Entrepreneurship Startup Advice / December 7, 2014

What is your best tip for making the most out of Black Friday sales (on or offline)? The following answers are provided by Young Entrepreneur Council (YEC), 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. 1. Send Multiple Emails Often companies only send one email announcing their Black…

7 Ways to Deal With Overbearing Clients

by / ⠀Entrepreneurship Startup Advice / November 29, 2014

What is your best tip for dealing with overbearing customers/clients? The following answers are provided by Young Entrepreneur Council (YEC), 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. 1. Use Your “Spa Voice” I have this thing I’ve always used — whether it’s for angry friends,…

Strapped for Cash? 11 Tips to Get You Out of the Red

by / ⠀Entrepreneurship Personal Finance Startup Advice / November 8, 2014

What is one thing I should do right away if my business is suddenly strapped for cash? The following answers are provided by Young Entrepreneur Council (YEC), 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. 1. Review Your Billing Statements If you are suddenly short on cash, I would recommend…

11 Practices You Should Add to Your Schedule

by / ⠀Entrepreneurship Startup Advice / October 21, 2014

What is one thing you make sure to accomplish every day? The following answers are provided by Young Entrepreneur Council (YEC), 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. 1. Identify the Victories At the end of each work day, I always find time to identify…

11 Tips for Refocusing Your Team After a Long Summer

by / ⠀Entrepreneurship Startup Advice / October 10, 2014

What is one surefire tip for helping your team refocus after a long summer? The following answers are provided by Young Entrepreneur Council (YEC), 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. 1. Project Sprints If you can (metaphorically) lock your team in a room and…

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