Smart Hustle regularly features entrepreneur advice so we can learn from those who walked the path before us – the missteps, the triumphs, the challenges along the way. Although you shouldn’t constantly waiver in your own journey, Smart Hustle interviewees share gems of wisdom that just might spark new and creative ideas for how to grow your own small business. In today’s Smart Hustle Recap, we’re featuring the advice of three successful entrepreneurs who can help you in various areas, including the decision to become a full-time entrepreneur, creating a niche business, and expanding by starting a franchise.
Entrepreneur Advice on Leaving Your Full-Time Job
Many entrepreneurs and budding small business owners face that point in their career when they have to make the decision to stay in the 9-5 or to leave that full-time job and pursue their business idea full time. No matter how confident you are in your ideas, this is a tough decision because it means saying goodbye to the structure and safety of a regular job with a regular paycheck. In this interview with Jessica Mah of the accounting company InDinero, Jessica gives advice for making a smoother transition into entrepreneurship. She also comments on the importance of refining your product and creating a long-term business plan.
Entrepreneur Advice on Creating a Niche Business
If it’s been said once, it’s been said one hundred times – small businesses shouldn’t try to be everything to everyone; instead, they should find a specific niche and focus on bringing a unique product or service to a distinct market. If you are starting (or dream of starting) your own niche business, check out this entrepreneur advice from Josh Cohen of The Junkluggers, an eco-friendly junk removal company. Josh talks about the importance of niche businesses to focus on one thing, partner with the right people and enhance your customer care so you can benefit from referral marketing.
Entrepreneur Advice on Franchising
Other readers may be further ahead in the game. Perhaps by now you have set up a steady and successful business but are curious as to how you can take it to the next level. Have you ever considered franchising as a way to expand your brand to a wider market with the help of others like you who dream of running their own business? In this interview with Ciarra Stockeland of MODE, a discount fashion store, Ciarra shares her advice on becoming a small business franchise. She speaks about the differences between franchising and retail, the limitations of a franchise, and the importance of mentorship. Her advice is helpful for those who want to create a franchise out of their own business as well as those who want to buy into a franchise to become a business owner.
The articles above will provide you with excellent entrepreneur advice, and if you’re looking for even more, I want to remind you about the Smart Hustle Small Business Conference that takes place October 20th in Midtown NYC. The conference will feature speakers including Joe Connelly, Peter Shankman, Ramon Ray, Gene Marks and other entrepreneurs who are going to share their best advice with conference attendees. Tickets are on sale but are selling fast! You can learn more about the conference and get your tickets here.