Advice for entrepreneurs looking to patent an idea
Q: I have a new idea for a product or technology. Should I consider patenting my idea? If so, what is the first step? A: Absolutely consider it. "You should absolutely consider patenting your idea, and with a brief consultation with a lawyer, you can ascertain whether...
12 Things You Must Do Before Your First Board Meeting
For a new founder, the initial board meeting can be daunting -- so much is at stake and the first impressions are lasting ones. But preparing properly, whether that's by holding a mock board meeting or knowing what not to discuss beforehand, will put you in the best...
15 Non-Negotiable Qualities When It Comes to Hiring an Accounting Firm or Individual
What are some non-negotiable qualities you look for in an accounting firm or individual and why? The following answers are provided by members of Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs....
9 Ways the New SEC Crowdfunding Rules Will Affect Your Business
The new SEC crowdfunding rules could be a game-changer for your business, but there's a lot work to be done on your end before you can reap the benefits. Nine entrepreneurs from YEC did their research on the new SEC crowdfunding rules. From accessing more captial to...
10 Tips From Successful Entrepreneurs on Achieving Your Company’s Long-Term Goals
Having long-term vision is one of the keys to good leadership, and necessary for any successful business. With long-term visions come long-term projects—and the longer-term the project, the harder it is to manage your team’s progress towards completing it. All the...
14 Highly Effective Ways to Motivate Employees
Your employees may not be as motivated as you are. Here are 14 tips from entrepreneurs on how to better motivate your staff. You believe in your company wholeheartedly. There's an entrepreneurial fire burning strong inside that motivates you to work harder each day....
How can I personalize employee development on a budget?
Q. I want to help pay for employees to do more personal development (e.g. conferences, online courses, etc.) without making everyone do the same stuff. Any advice for planning or budgeting a perk like this? 1. Ask employees what they’re passionate about Ask each...
11 mistakes e-commerce companies make on mobile
If you’re an e-commerce site considering launching on mobile, there are a few best practices you need to know. Most of them seem obvious – for instance, make sure it’s easy to buy your product. However, you’d be surprised how many of these slip under the radar of an...
12 Ways to Shorten Your Workweek
As a young founder, you may find yourself spending more time in the office than you had anticipated, putting all your time and energy into growing your business. But when clocking 80-plus hours week after week becomes unsustainable, it's time to put the proper...
5 Tips on Creating a Killer Facebook Ad Campaign
While just about every social-networking platform now has its own fully integrated advertising system, Facebook still reigns supreme in terms of features, insights and audience. As a business, that means Facebook is the ideal place to start. But unfortunately, just...
11 Things to Look for When Investing in a Startup
Question: What is one thing to look for when investing in a startup? The following answers are provided by members of Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi,...
11 Hacks For Improving Your Email Click Rates
As you grow your list of subscribers, ensuring your click-through rate remains high can become a challenge. Because even if your list is growing, it doesn’t mean much if no one is navigating to your site. 11 entrepreneurs from YEC weighed in about what you might be...