“The Top 4 Things Every Entrepreneur Needs to Do” features real-life advice from Fred Cary, CEO of IdeaPros and a serial entrepreneur. The video’s goal is to help startup founders navigate the challenging business market through common-sense yet effective strategies.
Viewers will learn operational best practices that allow their business to grow despite limited resources. Furthermore, the video offers advice on generating visibility for a startup — a vital part of attracting customers and creating revenue.
Cary notes that while many of today’s most profitable companies started out as startups, success is often the exception to the rule. According to industry data, only 80% of startups are still in operation after one year; this figure drops down to 50% after five years.
The veteran entrepreneur says: “Success is never guaranteed for a startup. Oftentimes, even the most promising ones succumb because of fundamental mistakes made early in the venture’s life. We created our training session to help business owners avoid these pitfalls and maximize their chances of succeeding – especially in today’s economy.”
Since resource management is vital for a newly launched business, the video offers advice on how to keep operations lean yet effective. Likewise, viewers will learn practical networking tips that will help them find collaborators, vendors, and even capital investors.
To spur demand for a product or service, the webinar has a section on how to market startups effectively. Cary closes out the session by reminding entrepreneurs to keep persevering and to continually fine-tune their strategies.
The video, along with other business coaching sessions, can be accessed at no cost via the consultancy’s website and YouTube channel.
A leading business consultancy, IdeaPros offers end-to-end consulting to both new and veteran entrepreneurs. With a multidisciplinary team possessing 200 years of combined expertise, the company has advised ventures in a broad range of sectors. Its videos on entrepreneurship have garnered over 100 million views across social media channels.
Those who need entrepreneurial mentorship from IdeaPros can register at https://www.ideapros.com/start-now
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Ireland Daily News journalist was involved in the writing and production of this article.