diverse companies

5 Steps to Creating a Diverse Workforce

A diverse workplace includes people from many different backgrounds. It encompasses a balance of workers who vary in culture, ethnicity, gender, age, lifestyle, and religion. Creating this type of environment, though, isn’t easy. It requires intentionality, but the effort is always worth it. Developing a diverse workplace—where employees feel included—results in multiple benefits, which is why […]

Leadership
black owned businesses and financial setbacks

How Black-Owned Businesses Can Rebuild After A Financial Hit

Many people experienced financial setbacks during the pandemic. However, for black business owners, the economic hit was especially detrimental.  According to insights from the National Bureau of Economic Research, black business owners’ earnings decreased by 28% in 2020 compared to white business owners, who noticed a 15% decline and a 17% overall drop. A 2022 […]

Leadership
benefits of entrepreneurship

7 Benefits of Entrepreneurship That Keep You Motivated

Deciding to start a business isn’t easy, especially when considering all the entrepreneurship challenges you’ll inevitably face. According to a recent study, top startup issues include insufficient cash flow, recruiting top talent, and marketing products or services. But other common challenges are boosting employee engagement, managing growing teams, increasing sales, and developing efficient processes that […]

Leadership
startup mistakes to avoid

7 Startup Mistakes to Avoid to Increase Your Business Success

Deciding to become an entrepreneur is exciting. This choice can lead to financial freedom, better leadership skills, increased confidence, and more control over your day-to-day. With so many advantages, you can significantly enhance the quality of your life, but as with all good things, experiencing these benefits doesn’t come easy.    Running a business is […]

Leadership
entrepreneurship challenges

5 Entrepreneurship Challenges & How to Overcome Them

The appeal of being an entrepreneur is undeniable. With 90% of new American billionaires being self-made, it’s easy to gravitate towards entrepreneurship. That’s especially true when considering how many entrepreneurs were successful during the pandemic, a time when economic hardships were evident everywhere. Despite the financial obstacles people and businesses faced during the shutdown, Forbes […]

Leadership