Not every step you take to move your business forward will be a big one. But sometimes, even small steps can make a large impact on your future. Here are some recent tips and insights from members of the online small business community about big and small steps you can take to really make an impact on your business.

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Now, I do not want to burst any happy bubbles for those of you who are already treading the traditional pathway, but that traditional narrative no longer makes much sense, because over the past two decades, big corporations, big academia, and big corporatist government have rigged the business world so that the longer you wait to start your own company, the less likely you are to be successful.

Because of this, young entrepreneurs (Mil

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Billing your customers is, of course, vital -- but even more critical is getting paid for those bills. Thanks to the ongoing evolution in the payments industry, there are more payment tools and platforms to choose from to help find the perfect option for your business based on how many payments you receive, the type of business you have and your budget.

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We are creatures of habit. Everything we think, say and do is a result of deep-seated habits etched into our minds through years and years of repitious behavior. Those very same habits either help to propel us forward or to hinder our progress in life. In fact, the state and quality of our lives right now is a direct reflection of our daily habits.

Habits are an undeniably powerful part of life.

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There can come days, however, when it all feels the same and very old.

That is when we steel ourselves and insist on being creative.

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Running a business is often about setting goals and putting in the long hours and hard work to achieve them. Regardless of what type of business you run, it’s likely that selling more has a frequent, if not long-term, place on your to-do list. It’s a goal that requires staying up to date on new techniques, honing strategies, and being in touch with the latest industry news.

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Surprising new research from NYU and the Wharton School shows that entrepreneurs who start a business on their own are likelier to succeed than those who do so with one or more partners.

That's pretty much the opposite of what most aspiring founders would guess. After all, you can't be good at everything. You might be a marketing expert but not know how to manage cash flow. Or you might good at building great products but bad at setting prices for them. So you team up with someone who's strong in the areas where you're weak, and you start the business together.

This reasoning seems logical, and it is how most people--even experts--see entrepreneurship. In fact, it is such an ingrained belief that VCs and other investors routinely choose to fund companies founded by teams rather than those with a solo founder.

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Time is said to be spent or invested. But without time management, it can also be squandered.

Is your to-do list constantly growing? Do you feel like there are not enough hours in the day to meet your family, work and social obligations?

For a business leader, time management is especially problematic given their magnitude of responsibilities and limited hours in the day. Lost time is not only never found again, but not managing it strategically harms the executive's well-being, effectiveness and organizational performance.

My team and I had the opportunity to lead coaching sessions for executives of public and private companies worth billions. And one thing is clear-- how you manage your time leads to success or failure.

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- Forty-three percent of cyberattacks are aimed at small businesses, but only 14% are prepared to defend themselves, according to Accenture.
- These incidents now cost small businesses $200,000 on average, reveals insurance carrier Hiscox, with 60% of them going out of business within six months of being victimized.
- More than half of all small businesses suffered a breach within the last year.
- Today it’s critical for small businesses to adopt strategies for fighting cyberthreats.

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Small business owners have plenty of changes to deal with as 2020 begins — higher labor costs for many companies and some owners will discover that they have to comply with new laws that aren’t on the books in their own states.

As of Jan. 1, there are higher minimum wages in a quarter of the states and new federal overtime rules. The IRS has new W-4 forms owners will need to get used to. Plastic bags are on their way out at stores and other businesses in a growing number of places around the country. And California has new laws on freelancers and consumer privacy that can affect out-of-state companies.

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As of Jan. 1, there are higher minimum wages in a quarter of the states, and new federal overtime rules. The IRS has new W-4 forms owners will need to get used to. Plastic bags are on their way out at stores and other businesses in a growing number of places around the country. And California has new laws on freelancers and consumer privacy that can affect out-of-state companies.

A look at a handful of the 2020 changes in federal, state and local laws and regulations:

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The start of a new year provides the perfect opportunity for business owners to set new goals and find unique ways to improve their operations. There are plenty of different options for your 2020 resolutions, from shoring up your finances to organizing your online presence. Here are some suggestions and tips from members of the online small business community.

Grow Your Savings with Money New Mindset
If one of your resolutions for 2020 is to save more money for your business, you may need to shift your mindset. So how can you look at things a bit differently in the new year? Jamie T. Wiseman of Miss Millennia Magazine explores a handful of mindset shifts in this post.

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If you have a small business, it is essential to keep up with the latest trends in technology, marketing, customer service and other areas that affect your business. Each business is unique, so every trend doesn't necessarily impact you equally. However, all major trends do influence your customers' expectations, so it is good to be up to date.

Here are some of the most significant trends I'm currently seeing that will impact small businesses in 2020 and beyond.

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The deadline for filing taxes in the United States is eight weeks away, but new research has shown that small businesses are already being hit by tax season–related cyber-attacks.

Research conducted by Proofpoint indicates that attackers are aggressively jumping into tax season, with the deployment of two main attack strategies.

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Spring may be just around the corner, but for accountants and tax professionals, this is crunch time. Here are five ways you can help smooth out the filing process for your small business clients (and, consequently, yourself) this tax season.

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Fifty-four percent of U.S. small businesses have either closed or expect to close temporarily over the next 14 days, according to a new Chamber of Commerce survey.

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As an entrepreneur, you've likely had to embrace change lately so you not only continue to succeed, but you also find ways to dominate during unprecedented times. One of the best ways to gain a competitive edge is to stay on top of trends so you can create new opportunities and stay ahead of your competitors.

With that in mind, here are five trends all small business owners should embrace in 2020 and beyond.

1. Employee health and wellness must become a priority.
2. AI will continue to change the business world.
3. Mobile marketing will be used more creatively.
4. Younger consumers will declare World War Z.
5. It is time to go cashless.

Email marketing continues to be one of the most powerful tools for growing your business. (Need proof? Check out stat #1 below.)

And although email marketing has been around for decades, it’s everchanging.

New email marketing tools — like AMP for Email — pop up all of the time. Marketers are taking innovative approaches to email marketing. And email marketing benchmarks change every year.

Want to see how your own email marketing strategy compares and what other businesses are doing to innovate?

Check out this ultimate list of email marketing statistics to find out how you stack up and see email marketing benchmarks to compare your results.

General email marketing statistics and usage
79% of small businesses say email marketing is important to their business strategy. [AWeber]

60% of small businesses say their email marketing strategy is effective or very effective. [AWeber]

64% of B2B marketers use a dedicated email marketing platform. [Content Marketing Institute]

40% of B2B marketers claim that email newsletters are the most important tactic in their content marketing strategy. [Content Marketing Institute]

43% of small businesses have 500 or less email subscribers. [AWeber]

42% of small businesses with over 500 subscribers have effective or very effective email marketing strategies. [AWeber]

46% of emails are opened on mobile devices. [Litmus]

61% of consumers prefer to be contacted by brands through email. [Statista]

On average, consumers spend 2.5 hours checking email on a typical weekday. [Adobe]

How people usually do elevator pitches
Among those who put thought into their elevator pitches, there tends to be two basic formulas:

Formula A: Introduce oneself and the name of the company, then describe the product or service in the context of the customer or industry’s pain point. Then, at the end, make the ask.

Formula B: Identify the pain point before introducing oneself and the name of the company. Then describe the product or service, followed by the ask.

While I am adamant that the only hard and fast rule of communication is that there are no hard and fast rules, I favor Formula B. People are most likely to embrace a solution when it is provided within the context of a problem they care about solving. By starting with a pain point, the entrepreneur is speaking to what an uninformed audience cares about right away thus making sure that the first thing their audience hears has intrinsic value to them. This helps the audience become immediately invested in solving the problem, which helps the entrepreneur to build some momentum.

Ninety-six percent of new entrepreneurs say the pandemic is motivating or giving them the motivation they needed to start their own business. This positive statistic comes from Azlo, a banking platform for small business owners, freelancers, and entrepreneurs.

In mid-March 2020, Azlo witnessed an uptick in new accounts opening. Wanting to understand the reasons behind the boost in business, Azlo conducted a survey. ‘The COVID Economy’ report interviewed 1,000 of Azlos newest customers across the United States.

Traditional tax planning is transactional and, honestly, not nearly as beneficial as one might think. You ask your taxes preparer questions and figure out what to do in the spur of the moment. Creating a long-term plan of action for your taxes is how to create real savings, but it takes months to create an effective plan. Now is the time for business owners and investors to be planning to reap the rewards for the rest of 2020 and into 2021.

Analyze income
Many accountants suggest pushing income to a later year. There are a few different factors to consider when deciding whether to do this. First, is your income so low you lose deductions? Many personal deductions don’t carry over to the next year. Rather than taking deductions now, you may want to accelerate your income to make use of all your deductions. Another factor to consider is the next year’s tax rates. There’s a real chance that income tax rates could increase in 2021, so the best plan would be to accelerate your income into 2020 to avoid paying at a higher rate.

Your brain is just like any other muscle in your body; just as you lift weights and train your body to make it stronger, your brain needs just as much attention as those biceps.

And with the state of things these days, we should spend even more time training our brains to be more focused, relaxed and creative in order to maintain our emotional control and build our resilience to stress. Only then can we truly thrive in uncertain times and become unstoppable.

So how do you train your brain? You can read and practice-problem solving of course, but there are a plethora of new and exciting devices available to help you level up your training and target specific areas of your brain that need it.

1. Have an adaptable business model
2. Diversify supply chain operations
3. Create an omnichannel customer experience

The United States has seen an increase in new businesses formed this year. According to the United State Census Bureau, in week 50, there were over 86,000 new business applications nationwide — representing a 38% increase over filings during the same week in 2019. The challenges small businesses have experienced in 2020 have led to some core lessons that those in the business community need to apply — whether they own an established small business or a newly formed one.

Specific PPP provisions of the new law include:

Appropriates an additional $7.25 billion to the U.S. Small Business Administration (SBA) for the PPP program

Expands PPP eligibility to include:

~ Additional tax-exempt nonprofits, such as 501(c)(5) labor and agricultural organizations and community locations of larger nonprofits, whose lobbying activities do not comprise more than 15 percent of its activities
~ Internet publishing organizations assigned a North American Industry Classification System (NAICS) Code of 519130 and engaged in the collection and distribution of local or regional and national news and information
~ Adds COBRA premium assistance as an allowable payroll cost under the PPP program.

Staying tuned in to the pulse of your industry is key to becoming a successful entrepreneur. Public groups, online forums and the like are among the most valuable resources for gathering and contributing industry information. But if someone is looking for in-depth insight into their business niche, locating the right groups where this discussion occurs is the first step. T

The Small Business Administration has extended deferment periods for all of l its disaster loans made either in 2020 or 2021, the agency announced on Monday.

The extended deferment includes the SBAs Economic Injury Disaster Loan – or EIDL – program, which many businesses that did not qualify for Paycheck Protection Program loans or other funding used to bridge the losses incurred during the COVID-19 pandemic.

All SBA disaster loans made in 2020 will have the first payment due date extended from 12-months to 24-months from the date of the note, the agency said. Disaster loans made in 2021 will have a first payment due date extended from 12-months to 18-months from the date of the note.

Title: Symptoms of 12 Serious Diseases and Health Problems
Category: Diseases and Conditions
Created: 8/14/2006 12:00:00 AM
Last Editorial Review: 5/16/2022 12:00:00 AM

"I am not a good manager."

I say this to people often, and most of them think I am joking because... well, because people don't say things like that about themselves if they're true and also, I have cultivated some skill in building strong teams that accomplish what they are asked to do. [1].

But I am serious when I say that. for three reasons:

1. I really have to work hard to do the organizational parts of a manager's job (the reports, the budgeting, the note taking, the meetings, the scheduling, the selling of initiatives, etc)... and I don't enjoy any of it.
2. I don't do well at optimizing for efficiency.
3. I don't have much use for roles, particularly ones that tend to specialize activities and artificially segment the work needed to solve the problem (and the skill set of those seeking to do so).

Like most programmers, I suck at estimates, I am motivated first by a need to solve interesting problems, and only secondarily at reaping the benefits of doing so, and I have zero desire to "be in charge of others." I also hate process for process sake and generally piss off any project managers foolish enough to work with me (though I am good friends with several).

So, how do I build teams and software? By treating efficiency - and even the primary goal of the team - as a secondary effect, and optimizing instead for... for what?

Well, until recently I had been (in my head, because I didn't feel too comfortable saying this out loud) using the word: "happiness." Of the members of the team, of my boss, my employer, our customers and (importantly, but until recently neglectedly) me. Make all of these folks happy, and everything just works.

Uncomfortable because this is a tough sell to accounting-type folks - and anyone who prepares budgets. "Naive", "Crazy" and "Ridiculous" are what I expect to hear. And the reason I expect to hear it is because it seems really risky - even terrifying - to them when I say anything that implies I'm not thinking about cost and value and ROI, and all those other business terms.

But I am. I'm thinking about them all the time. I just don't agree with them on how to optimize them.

Also, "happiness" is not quite right: some people are quite happy to do nothing, others are only happy when they are padding their egos at the expense of others, and a whole lot of other types of "happiness" that I don't optimize for. No, it's a specific kind of happiness - especially inside the team - that I am trying to maximize. Joy of doing one's best, professionalism, craftsmanship, cultivating flow, the need for slack. All dancing around it. All not quite it...

I recently mentioned here (and on twitter and facebook) that I'm re-reading Zen & the Art of Motorcycle Maintenance by Robert Pirsig. And it's blowing me away. Again. I read it a really long time ago - so long ago, that I had forgotten all of the details and only remembered: "That book really moved me and shaped my thinking."

What's been blowing me away is realizing how much it has done that. And so, I've been expecting for days now to find in it somewhere something that supported my view since Pirsig's focus on Quality and Care (not to mention technology) are very similar to my feelings of "optimize for happiness." But it still hadn't felt quite right yet...

...until, today. And I found it: The Greek word: Aretê (translated as "virtue" or "excellence") is a central part of any course on Greek philosophy and I had several classes in college where it was discussed. I was waiting for it to come up in the book (it doesn't until chapter 29) and when it did, I realized I was getting closer. Then, this quote:

"Aretê implies a respect for the wholeness or oneness of life, and a consequent dislike of specialization. It implies a contempt for efficiency - or rather a much higher idea of efficiency, an efficiency which exists not in one department of life but in life itself." ~ Pirsig, Robert M. (2009-04-10). Zen and the Art of Motorcycle Maintenance (p. 360). Harper Collins, Inc.. Kindle Edition.

And like a key fitting a lock, there it was: I believe that teams (organizations!) should be optimized for Aretê; that teams should be staffed with those who - like Hector the tragic hero of ancient Troy - seek excellence (in their work and in achieving the team's goals) for it's own sake and are not happy unless they are free to pursue it; and finally that the team's success (which will still be a function of external perception of value) will be a natural outgrowth of this process and any attempts to shortcut it (e.g. in the name of efficiency) will actually serve to reduce the team's effectiveness.

With this compass in hand, I can see now that what at times appeared to be random objections to process changes and my novel (some would say crazy) alternatives and experiments over the years have really been about trying to keep everyone focused on maximizing the ability to pursue excellence.

So, now I'm saying it: If you want to build great teams who reliably ship results: Don't optimize for efficiency, optimize for the pursuit of Aretê.

[1] Those who've worked with me on those teams can attest, I've done so by getting the team building part - and my role in it - wrong a lot, but learning from it.

 I spent yesterday in Dallas, at the Heritage Auction headquarters -- I had decided to auction off some artwork and memorabilia to benefit two charities (The Authors Literary Fund and the Hero Initiative, which help authors/writers and comics creators who have fallen on hard times or who need help), and, just as importantly, I wanted to give something back to the artists whose art I was entrusting to new custodians. 

It seems to me fundamentally wrong and inequitable that art that artists sold for $50 or a hundred dollars thirty or forty years ago now sells for hundreds or thousands of times that amount, but the artists, most of whom are old, some of whom are no longer working or not working as they were, never see another penny. I decided the best way to change that would be to set an example, and show people another way of doing it.

Here's the New York Times article before the auction: https://www.nytimes.com/2024/02/23/arts/design/neil-gaiman-auction-collectibles.html?unlocked_article_code=1.Xk0.5PkB.9iQtuvn6Bwof&smid=url-share

And here's me in Dallas two nights ago, walking around the exhibition before the auction with Robert Wilonsky from Heritage, with guest appearances by my oldest friend Geoff Notkin, whose fault this all is: 

(EMAILWIRE.COM, October 25, 2024 ) The global polysilicon market is projected to expand significantly, fueled by the rising demand for solar panels and electronic devices. With the photovoltaic segment dominating the market, polysilicon plays a vital role in solar energy production. Asia-Pacific...

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(EMAILWIRE.COM, October 25, 2024 ) The global physical security market size is projected to grow from USD 110.2 billion in 2023 to USD 136.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period. The growth in the use of IP-based cameras for video surveillance...

(EMAILWIRE.COM, October 25, 2024 ) The report "Plastic Compounds Market by Product (PVC, PP, PE, PS, PA, PC, PET, PU, ABS), Source, End-use Industry (Automotive, Packaging, Electrical & Electronics, Building & Construction, Consumer Goods, Medical), and Region - Global Forecast to 2029 " The global...

(EMAILWIRE.COM, October 25, 2024 ) The global Clinical Microbiology Market growth in terms of revenue was estimated to be worth $5.0 billion in 2024 and is poised to reach $6.9 billion by 2029, growing at a CAGR of 6.5% from 2024 to 2029. The clinical microbiology market is driven by several key...

(EMAILWIRE.COM, October 26, 2024 ) The industrial cybersecurity market was USD 84.54 billion in 2024 and is expected to reach up to USD 135.11 billion by 2029, growing at a CAGR of 9.8 %. Rising government and private investments to create safe and secure industrial environment, deployment of AI/Gen...

(EMAILWIRE.COM, October 26, 2024 ) The global Photoacoustic Imaging Market, projecting growth from USD 80 million in 2024 to USD 105 million by 2029, with a CAGR of 5.5%. Key drivers include rising investments in imaging systems and strategic partnerships. Challenges include high system costs and...

(EMAILWIRE.COM, October 27, 2024 ) PET Bottle Market overview PET bottles are plastic containers crafted from polyethylene terephthalate (PET), which is a form of polyester resin. PET plastic is clear, durable, lightweight, and can be recycled. It is resistant to shattering, stable in extreme...

(EMAILWIRE.COM, October 28, 2024 ) The global IoT security market size is projected to grow from USD 24.2 billion in 2024 to USD 56.2 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 18.4% during the forecast period. Organizations face significant financial losses and reputational damage...

(EMAILWIRE.COM, October 28, 2024 ) The Application Modernization Services Market is estimated at USD 19.82 billion in 2024 to USD 39.62 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 14.8%, according to new research report by MarketsandMarkets™ Browse in-depth TOC on “Application...

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(EMAILWIRE.COM, October 28, 2024 ) This report analyzes the rocket and missile market from 2020 to 2029. It discusses various industry and technology trends currently prevailing in the rocket and missile market and the factors that drive, restrain, and challenge market growth globally. The rocket...

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(EMAILWIRE.COM, October 28, 2024 ) Women’s Activewear Market overview Women's activewear is clothing designed specifically for women to wear while engaging in physical activity and working out. It typically includes sports bras, leggings, shorts, tops, and jackets made from breathable, moisture-wicking...

(EMAILWIRE.COM, October 28, 2024 ) The EMC filtration market is expected to reach USD 1.58 billion by 2029 from USD 1.24 billion in 2024, at a CAGR of 5.0% during the 2024-2029 period. The development of smart infrastructure and the Internet of Things (IoT) is significantly increasing the demand...

(EMAILWIRE.COM, October 28, 2024 ) The global level sensors market is expected to grow from USD 5.56 billion in 2024 to USD 7.64 billion by 2029, at a CAGR of 6.5% during the forecast period. The level sensor market is defined as the production and distribution of devices purposed to monitor,...

(EMAILWIRE.COM, October 28, 2024 ) The neuromorphic computing market size is expected to reach USD 1,325.2 million by 2030 growing at a compound Annual Growth Rate (CAGR) of 89.7%, from USD 28.5 million in 2024. The globalization of neuromorphic computing would further gain its momentum based on...

(EMAILWIRE.COM, October 29, 2024 ) Vanilla Market size was valued at US$ 27.66 Bn in 2023 and the total revenue is expected to grow at 5.6% through 27.66 to 2030, reaching nearly US$ 40.51 Bn. What is Vanilla Market Vanilla is the taste found in dishes like ice cream, derived from the vanilla...