YOUR SUCCESS MATTERS
Based on the search results, some common mistakes service-based entrepreneurs make during rapid growth include: 1. Neglecting a Solid Foundation: Prioritizing growth over establishing a strong operational foundation, which can lead to instability and challenges as the...
Some common challenges when scaling a business include: 1. Overlooking the Product-Market Fit: Failing to understand the target market and sustainable demand can sabotage success when scaling[1]. 2. Working With the Wrong People: Hiring the right team members and...
Some of the risks associated with scaling a business include: 1. Overexpansion: Growing too quickly or expanding into new markets without adequate preparation can lead to overexpansion, which may strain resources and lead to inefficiencies[1]. 2. Operational Debt:...
By Maria Ramirez Uribe When Rafael Casanova first arrived in the U.S. from Mexico at 18 years old, he says he never imagined he would one day own a business. “My dream was to come here for some time, save some money and go back,” Casanova said. “I think that’s the...
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By Rich Barlow COVID-19 was catastrophic for communities of color, but resulted in one welcome, if somewhat surprising, benefit: a boom in Black start-up firms. The virus...
By Geri Stengel The coronavirus pandemic had a disproportionate impact on small businesses, especially those owned by women and people of color. The Covid-19 crisis and the...
By Melissa Pandika Starting a business is hard for anyone, but it comes with additional challenges for BIPOC founders. Both the cost and lack of access to capital take an...
By Carlos Garcia Striving to succeed to live the American dream and contributing to the U.S. economy. Fabio Vasco came to the US as a teenager – 15 to be precise. But this...
Meet Patrick Glanville, founder of 3 Some Chocolates, one of the only such Black-owned and operated companies in the country. As a chocolatier and culinary artist, his...
