10 Ways Entrepreneurs Can Change the Social & Economic Story

Men and women who create for-profit and nonprofit new ventures can and should do things of the kind that the President-Elect is likely to neglect, negate, or avoid. Entrepreneurs can quietly change the story, one organization at a time, whatever government may or may not do.

Here are ten ways venture founders can alter the course implied by what we know of Donald Trump’s intentions. They are all within our own authority, not those of government. We can:

  1. actively appreciate the economic and social needs of disadvantaged groups and consider how our own organization can make a difference-or start a new one that can; at least ensure that our own organization does not contribute to disadvantage;
  2. be inquisitive about rural and underserved populations adversely impacted by political, economic and tech change-and examine ways that our organization can make a positive contribution, including the offer of products, services or employment;
  3. create inclusive policies on gender, gender identity, race, national origin & religion; offer all employees dignity & respect, provide healthcare, parental leave, clear policies on sexual harassment, & the opportunity for participation in decision-making and sharing organizational success;
  4. take the opportunity to participate in the life of local communities to mutual advantage, through direct civic engagement, as well as supporting employee volunteering; become involved in community supported enterprises;
  5. evaluate all practices of the organization that may contribute directly or indirectly to climate change-and introduce ways that will reduce pollution; seek to be powered by clean energy and move to zero waste;
  6. ensure that the pay ratio between the highest and lowest paid members of the organization does not exceed 20:1 (as it was in 1965) to reduce financial inequity, given that the ratio between average American CEO pay and worker pay is now 303:1;
  7. re-examine the consequences of all purchasing decisions, in order to avoid pain and hardship, either in supplier organizations or the local and global community; research supplier behaviors on socio-economic parameters;
  8. commit to support the lifelong learning of all members of the organization, regardless of where they are starting or what position they hold-through internal development programs and external qualifications;
  9. employ socially responsible financial policies that do not disfavor any stakeholder, either close at hand or nationally, as well as avoiding immoral or self-serving practices, such as the avoidance of repatriating foreign profits;
  10. build a widely communicated progressive corporate story that is reflected through the behaviors of everyone in the organization and enshrined in all official organizational procedures; regularly monitor its reality.

Entrepreneurs Are The Real Difference Makers

“Be not simply good; be good for something.”
Henry David Thoreau

If you want to make a real difference in the world- – start a business; it is as simple as that. Have you ever heard people say how easy it is to make a difference in someone else’s life? You hear all kinds of things like: smile; buy a stranger a cup of coffee, or pay for their meal; pay a compliment, give a helping hand, do some volunteer work, make a care package, and of course- donate.

But really, what kind of difference is any of that really making when you get down to it? Those gestures, no matter how genuine you are do not necessarily impact your community, city, nation or the world in a monumental way.

The dictionary defines difference as: a point or way in which people or things are not the same. A synonym of difference is: distinction, which means: excellence that sets someone or something apart from others.

Smiling, complimenting, helping, volunteering, paying for someone’s meal and even donating are things not so distinct; but are things that most of us do regularly in our everyday lives’. Business is what sets others apart. Business is the way to make a difference in the lives of people.

Business raises society’s awareness of their rights through advertisements. Business produces products and services to meet people’s needs. Business provides employment opportunities. Businesses make cities, states and even the country money through the exporting of goods.

Businesses are concerned with profits; which is where more revenue is gathered than it costs in expenses. That in turn leaves a surplus that can be invested in making the world a better place. That is, business via the mechanism of profit can help increase available resources and help fulfill a greater number and a higher level of human needs by investing in housing, education and social matters which ultimately makes the world a better place.

And if you aren’t confident that you have what it takes, then let me reassure you that you do. If you have an idea, vision, burning desire and dream of ways to solve problems that people or the planet faces, then you do have what it takes. That is your purpose. You were born to solve that particular problem and it might not ever go away or get better until you take action. As you pursue your purpose, the right resources and opportunities become available to you. One resource to get you started is business credit cards.

Business credit cards are based on a personal guarantee. So, there are several criteria that must be met to be approved: 720 credit score, 30% debt-to-credit ratio, no bankruptcies, no foreclosures, no missing payments in the past 24 months of making application, one or more credit cards with a $5,000 maximum limit and a 10 year personal credit history. And if you are short on any of these criteria mentioned, you can receive mentorship from business credit card consultants on how to meet those must-haves.

“I am only one, but still I am one. I cannot do everything, but still I can do something; and because I cannot do everything, I will not refuse to do something that I can do.”
– Edward Everett Hale

Why sit back and watch the same problems continue because you don’t feel equipped to handle them. Everyone starts at the same place: the beginning.

5 Ways To Be The Best Online Service Provider

If your online business venture is more focused on providing services, you definitely want to provide the best service possible and be the number one person that people go to when they need your particular service.

There are lots of service providers on the Internet these days, things like freelance writing and editing, grammar proofreading, voiceover services, graphic design, animation videos, programming, website creation, link building or any other service.

There are professionals with huge price tags and sites like Fiverr that make some services incredibly cheap but no matter which part of the spectrum you’re at right now, there are a few ways to be the best service writer possible.

1. Don’t charge prices based on the market, especially if you’re trying to undercut the competition.

Price your services based on what you think they’re worth and don’t worry if some people are willing to pay the price because you’ll find people looking for quality work like yours that are willing to pay good money for it.

2. Be consistent with all of your clients even if they don’t know each other.

Charge the same basic prices to all of the clients that you have, promise the same deadlines and don’t pick and choose policies based upon the client. If they ever do encounter each other, you may lose both of them.

3. Double and triple check your work before you send it out.

Even catching one or two minor mistakes could mean the difference between a client coming back or not, or telling other people about your services. Take a few extra minutes with every single project and make sure it is 100% what the client wanted and that it is your absolute best work.

4. Be okay with saying no.

There may be some projects that you don’t want to work on and it doesn’t really matter what the reason is. You could have a moral objection or could be just too much work for the price that the person is willing to pay.

The point is that you should be willing to say no to clients. They will respect you and not ask for unreasonable expectations in the future.

5. Figure out what people’s problems are and then try to solve them.

If you can come up with solutions to people’s problems other than your regular services, you could make a great deal more money and could spark a business idea that will take you to the big-time.

These are the 5 simple yet powerful ways when you start your service-based online entrepreneurial endeavor. Use them and differentiate yourself to be the best go-to expert in your industry today!

How To Start A Low Cost Business

To started a low cost business in the traditional world of bricks and mortar is very challenging. You need to make significant investments in recruiting, stock, apparatus and property to trade from. However, an online business is different. All you need is one person, one computer, limited capital and access to the internet.

You will need to spend some money purchasing a website domain name and hosting for your website. You can build your own website (it’s not as complicated as you might think) or you can employ a freelancer to build it for you. But these are minimal costs as compared to the substantial costs of renting a physical building to operate from, buying stock or employing staff.

So what options do you have to start a low cost business online?

1. Sell Other People’s Products

This online business model, known as affiliate marketing, is like being a commission paid sales person. You don’t have to buy any stock, deal with any payment programs or arrange any deliveries. The product owner takes care of that. Your job is to find the customers and get them to visit the product sales page. You can sell tangible products that get shipped to the customer’s front door or you can sell digital products which the customer downloads to their computer.

2. Freelance Your Services Online

If you have a specific level of knowledge or expertise there will be people looking online for them. Freelance websites like UpWork have countless numbers of customers looking for copy writers, creative designers, linguists, website developers, marketing and advertising staff, legal and financial specialists and more.

3. Create A Digital Product

The greatest advantage when you a create digital product is that once you have produced it, you can sell it online again and again. And you don’t need to be an expert in a particular subject to create a digital product like an eBook, video tutorial, white paper, or report. You just need to know more than the average person on your chosen subject.

4. Build A Membership Website

A membership site is like being like a consultant in the traditional offline world. You help and advise clients with your knowledge about your specialist subject. Every month you provide new content for your paying subscribers. You can produce content in advance that drip feeds to your clients when they sign up.

5. Become An Online Teacher

If you have particular know-how about a certain subject, you can pass on your knowledge to students from all over the world. People may not have a teacher near to where they live and don’t want to travel for long distances for their learning. But, the internet makes it easy for you and your students to use online video and audio connections. You can set up one-to-one classes or group classes.

When you start a low cost business online it can be both exciting and daunting. You may worry that you’ll get caught up with technical issues or you might feel that you’re too old, too young or too inexperienced for the online business world. But it’s much more straight forward than you think.