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Posts tagged as “economy”

Undocumented Entrepreneurs: How Deportations Could Hurt The U.S. Economy

Israel Concha, an undocumented immigrant from Mexico became an entrepreneur at age 30 when he started his own transportation business. He was deported four years later, leaving his six figure business behind. The U.S lost the taxes he paid and the jobs he provided. Powered by WPeMatico

Gig Economy News: Return on Investment

Have you heard of the term ROI? ROI = return on investment– and getting a good ROI is one of the foundational values of successful business practice. When it comes to almost any aspect of running a business “what will my ROI be?” should be something you are always asking yourself. While most people focus on the financial aspect of ROI, the term can refer to a lot of different things including energy, time, and effort. This week’s Gig Economy News is about some of the different aspects of ROI and how you can improve yours across the spectrum. Keep Your Friends Close Customer acquisition is by far one of the most expensive parts of running a business. Keeping a customer, also known as customer retention, is one of the most crucial aspects of success because the ROI on a returning customer is significantly higher than on a new customer who cost a lot to acquire. This is why we love this article from Inc which focuses on how to keep customers and how to get them to spend more. Money Matters Time that you spend managing your money is time well spent, but only if it is done in an organized manner – remember, every minute you spend needs to return some value to you. To get the best ROI on your administrative hours, strategy is key. Our post about the most important money advice for freelancers is just the thing to get you spending your time, and your money, wisely. Master Multitasking One of the best ways to get a good ROI on your time and energy is simply to do more things at once! Of course, this only works if you are doing things well enough that you won’t have to go back and fix mistakes later. One of the biggest issues a lot of our sellers encounter is managing the business side of entrepreneurship without sacrificing the creativity which has allowed them to grow in the first place. Believe it or not, fostering creativity can be done simultaneously with being productive! Learn how to get more…

Gig Economy News: Let’s Go

Every week we try to bring you the best Gig economy news bites from around the web, and this week is no different. We’re covering a range of entrepreneurial topics today to give you the info you need for where you are, and where you want to be. From ways to keep cash flowing, to finding your place in the unfettered world of freelancing, we’ve got priceless tips to empower your weekend. Stay Innovative In order to change the future of work, you have to invest in your community. So we’re honored to be included in Fast Company’s list of Most Innovative Companies 2018 for our work on affordable healthcare for Gig economy workers with Stride Health and our recent acquisition of AND CO. Learn more and see the full list here. Keep the Cash Flowing In order to get your business growing, you gotta get paid! Believe it or not, a lot of entrepreneurs and small businesses struggle with keeping track of the payments they are owed, ensuring that they are received, and overall managing their business finances. These money-getting and saving tips will help ensure that you know who owes you, that you get paid on time, and that you are in good shape to grow. Set Yourself Up to Succeed Success as an entrepreneur is about passion, but it’s also about having the right tools to aid you along the way. Some of these tools are external: like time tracking apps, money management resources and so on, but some are internal. That’s why we recommend taking the time to read and learn about these 15 skills you’ll need in order to succeed as an entrepreneur. Find Your Place One of the things that draws a lot of people to becoming an entrepreneur is the sense that it can bring freedom from the trappings of a traditional job. Leaving the rat race can definitely be freeing, but what if you could take it to a new level? If you’ve ever dreamt of un-tethering yourself, taking your business on the road and seeing all that the world has to offer, this…

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