As an entrepreneur, you always want to stay ahead in this competitive market. And for that, you need to have different types of knowledge related to latest industry trends, marketing strategies, and business culture.
Fortunately, today’s entrepreneurs can have access to ‘blogosphere’ that is packed with blogs of successful entrepreneurs, business professionals, and investors and it’s a great source for the aspiring entrepreneurs to gather information that is necessary to become successful in their venture.
While starting a business and then running and expanding it successfully is quite a daunting task, it is imperative to understand the financial model of your business. See, you can start your business by getting funding from an investor or taking a personal loan from the bank or investing your own savings, in either way you also need to protect your investment and reading popular finance blogs will greatly help you in this regard.
A sound knowledge of financial literacy is required to understand all the cash flows and revenue model of the business. Now, you might be thinking that you can hire a financial advisor to explain these things to you, but its’ always better to understand the financial state of your business by yourself than depending on others which will also facilitate taking smarter business decisions.
As an entrepreneur, you need to acquire the skill of promoting your business. Where in today’s evolving digital landscape in order to become a master in marketing you need to keep yourself updated with the latest trends and improved marketing approaches. And online marketing blogs are a great way to gain knowledge of new marketing strategies. Though you don’t need to go into deep analysis, but a working knowledge of digital marketing is necessary to develop effective communication with your marketing firm that will also eventually boost your business.
If you’re an entrepreneur, you may be thinking that your business is too niche to keep a blog or blogging is just a waste of time. Well, the value of blogging is quite hard to realize in the initial stages of the business. But if you want to stay in the competition, it’s important to have your website.
Blogging regularly forces you to watch out for new strategies or a new way of thinking which eventually makes you more observant and contemplative. Through your blog, you can attract more customers and also you can keep them updated with the latest developments in your venture. Watch out different industry blogs like the one ‘shopify e-commerce’, where you’ll get a deep understanding of these things.
As a startup founder one the biggest challenges for you to manage your competent employees. It takes lots of interpersonal and conflict resolution skills to make a transition from individual contributor to an effective leader. Reading different management blogs will help you to educate yourself about managing employees. We often think to become a good leader or manager we only need managerial tools, but that’s not the case. Being an effective leader has more to do with you than just any managerial tool.
Business technology blogs
It doesn’t matter what business you’re doing; you need to keep abreast with the latest developments in business technologies. Following popular technology blogs are the best way to stay updated in today’s competitive world, it’s also imperative for your endeavors. When you start following technology blogs then only you’ll get to know the current events and developments in technologies as well as in investment world.
As an established business owner I have also compiled a list of some of the best blogs which every entrepreneur needs to check out:
- Both Sides of the Table
- Richard Branson
- Steve Blank
- Penelope Trunk’s Brazen Careerist
About the Author
Julian Hooks is the brains behind the Advertising Commissions digital marketing agency. Helping businesses grow their presence on the web is one of his many passions. Check out his Ultimate Guide to Local SEO or the Shopify Review Guide for eCommerce.