The New Year is almost here! For millions of people across the world, this means it’s time to think of resolutions that will help you improve yourself in the New Year—but for entrepreneurs, it’s about thinking of ways to grow your business.
Millennial entrepreneurs, here are some resolution ideas you can steal to build your business in 2017:
Learn a new skill
Millennials love to learn new skills, but sometimes the fast-paced entrepreneur lifestyle can prevent them from doing so. In 2017, make a resolution to take time off from work and learn a new skill that will benefit your business. For example, if you let your accountant handle all of your financials, why not take an accounting course? You can still leave this job to the professionals, but now you’ll have a better understanding of what’s going on so you can stay informed and make better business decisions.
If you really want to grow your business in 2017, you have to let go of some of the control. Don’t fill your day with sending out invoices, scheduling meetings, and booking travel arrangements. Instead, consider hiring a part-time assistant to help you out so you can free up your schedule and focus on tasks that will actually help you expand.
Keep up with current events
No wonder what industry you’re in, you need to know what’s going on in the world around you. Make a goal to stay abreast of the latest news—not just in your industry, but in the world in general—so you can start to predict upcoming trends and identify potential challenges on the road ahead.
How does keeping up with the news help you in business? Look no further than convenience store distributors who were able to predict that consumers’ demand for fresh, healthier foods would eventually make their way into the convenience store industry. Because they stayed on top of the news, they were able to introduce a new segment of food products into convenience stores to meet consumer demand.
Meet someone new in the industry
It can be hard to find time to attend networking events, but meeting other people in the industry should be one of your priorities in 2017. You don’t necessarily have to go to events in order to meet new people as long as you are willing to take the initiative to reach out to them on your own. For example, research people who you could learn from in your industry and send them an invitation to connect on LinkedIn. Once they accept your invitation, begin to engage with them on LinkedIn by commenting on their statuses and sharing informational articles. Over time, that person will become more familiar with you and the door will be open for you to privately message him and ask to meet for a cup of coffee or lunch. For busy entrepreneurs, doing this may seem like a waste of time, but it never hurts to meet and learn from other people in the industry, so this should be one of your goals year after year.
Millennial entrepreneurs, what are your resolutions for 2017? Share your goals in the comments below!
DISCLAIMER: This article expresses my own ideas and opinions. Any information I have shared are from sources that I believe to be reliable and accurate. I did not receive any financial compensation in writing this post, nor do I own any shares in any company I’ve mentioned. I encourage any reader to do their own diligent research first before making any investment decisions.
Green Alley relaunches the international call dedicated to a circular economy
Startups active in recycling, waste prevention and digital solutions can register until November 17th in the race to win the...
Global cannabis sales expected to increase by 38% to $20 billion by the end of 2020
A research conducted by the company BDSA showed that $19.7 billion (€16.9 billion) in legal cannabis products will be sold...
Renewable Energy: CSOs assess the state of solar installations in basic social services in Burkina
In recent years, the government in Burkina Faso has made significant investments in the renewable energy sector. Thus, several basic...
COVID-19 encourages venture capital: €18 million for Spanish health companies
Venture capital is the main source of funding for health startups in Catalonia in 2020. Of the $140 million (€120...
How to use social media to market your small business
A few years ago, it was hard to predict how big social media would become. Nowadays, it is not only...
Featured4 days ago
Arch Capital, a new investment fund that seeks to provide liquidity to fintech companies
Business6 days ago
Extended Reality, novelty or utility? From Snapchat and Pokémon GO to XRApplied
Cannabis6 days ago
Investing in cannabis: Aurora’s shares plummet after presenting results
Africa6 days ago
85% of Senegalese households saw a decrease in income due to COVID-19