Tips From Successful Small Business Owners
This article from The Hartford highlights what CEOs wish they had known back when they were first starting out. That includes the importance of a good support system and mental health and trusting their employees enough to delegate to them.
It’s a roundup of advice from other business owners, “Good Advice: Tips From Successful Small Business Owners” could help you avoid a common pitfall before it happens.
Sam Williamson, owner of the business Streaming Movies Right, says his favorite business article is “The Slow Death of Hollywood” by Matt Stoller. The article focuses on the monopoly that Netflix and other streaming platforms are trying to create, and how it will impact creatives and the film industry.
“It fascinated me when I read it at first because in my mind, the abundance of streaming options had previously seemed like a great move for filmmakers,” Williamson says. “But the way that Stoller lays it out reminds me that often convenience is created at the cost of ethics, and this certainly seems to be the case with the streaming industry. It reminds me to generally question everything I see in business, no matter how ‘good’ it seems at first.”
Seb Dean, managing director of the marketing and design agency Imaginaire Digital, says his favorite business article is “10 Things I Wish I Knew Before I Started My Own Business” in Inc. Magazine.
Written by entrepreneur John Rampton, the article recounts mistakes Rampton made when he launched his business, and what he could have done to prevent them.
“It’s brilliant for the preparation of being a business owner and guiding you through what to do and how to do it,” says Dean. “With that in mind, I think that knowing what could happen and how to overcome it or even mitigate the adverse effects will help to build the business in an effective manner and allow for fewer setbacks as time goes on.”
This article is recommended by Kevin Knox, founder of the agency Caffeine Marketing.
The article, written by Donald Miller for the website BuildingAStoryBrand.com, recounts the mistakes Miller made when investing in marketing for his business, and how other entrepreneurs can avoid making the same mistakes.