For a long time, the global business world was only vested in economic success while having little regard for how it may affect the environment or the health and well-being of the community. However, there has been a shift in recent years where customers and citizens are no longer willing to accept the status quo. This is what makes social entrepreneurs so important. They recognise and pursue innovative opportunities that create social value. They consider the nonprofit and business sectors to maximise their impact.

Social entrepreneurship

<ul><li>Choose what change you want to make in the world. Find one relevant to your customers and connect your products and services to your brand's history.</li><li>Tell the world what you want to accomplish. Make a public statement of your social purpose that is easy to understand. This will help you stay true to your vision.</li><li>Show the world how you're doing it. Design action plans with specific steps on how you are going to achieve the goals.</li><li>Use your goals to build the brand message the world will see. Connect your initiatives and activism into the brand story you've created to demonstrate your efforts.</li></ul>

Create social purpose for your brand

There are four key steps to using social entrepreneurship in your business effectively.

problemsolving

Problem Solving

entrepreneurship

Entrepreneurship

business

Business

artsandculture

Society, Arts & Culture

How Social Entrepreneurship Can Level Up Your Success

Mr Beast has the biggest YouTube channel right now and he is singularly obsessed with it since the age of 11.Three things really struck me, he is so emerged in the YouTube life to the point that he doesn’t watch Family Guy, many movies, or know who Alan Turing was. He is singularly focused on the YouTube ecosystem.Secondly, he is constantly reflecting on micro-adjustments to make to make his videos more viral. He is a the master at that and his mentoring create life-changing wealth for other YouTubers.Doing something with such passion and this deeply is a gift that only few would receive.

Singular Obsession + Constant Reflection = Mr Beast

It is one way to achieve meaningful success

Jimmy "MrBeast" Donaldson is an internet personality, businessman, and philanthropist. He operates several popular YouTube channels, a delivery based fast food restaurant, MrBeast Burger, and two philanthropic programs: Beast Philanthropy, and Team Trees.

personaldevelopment

Personal Development

startup

Startups

The official podcast of comedian Joe Rogan. Follow The Joe Rogan Clips show page for some of the best moments from the episodes.

The Joe Rogan Experience

#1788 - Mr. Beast

"Everyone should have a side hustle. Even if you love your job., having more than one source of income will give you more freedom and more options."

<ul><li>Is it feasible? Can you execute it in an hour or less a day and expect to see results within a week? Or are you trying to climb Mt Everest on your first attempt?</li><li>Will it be profitable? How much can you expect to make from one sale? What expenses do you have to cover? What’s the optimistic and pessimistic version of this?</li><li>Is your idea persuasive? Can you explain what you’re selling to your grandma in two sentences? What’s your “wow factor?” What’s your unique advantage?</li></ul>If an idea fails to pass the scrutiny of these questions, don’t bother with it.

Generating Ideas For Your Side Hustle: The Validation Framework

The first week of side hustle month is about your ideas. The second week of the program encourages you to get clear about your ideal or target customer. Think of them as ‘your people'. Find out more about “your people”:<ul><li>If you know one of them, have a coffee. </li><li>But If you don’t: have an imaginary coffee with them’, or write a letter to them. </li></ul>

Finding "Your People"

Go from idea to offer with price, pitch, and promise.<ul><li>Your promise should be a bold, provocative statement that highlights the persuasive aspect of your idea. When people hear it, they should see how they can immediately benefit from your idea. </li><li>Your pitch tells people how you deliver on that promise in as few words as possible. </li><li>Your price lets people know how much they have to pay and comes with a clear call to action. </li></ul>

Price, Pitch, and Promise

"Like a comic book superhero, your side hustle needs a history [or herstory]. Don’t just give ‘em the facts; tell them a story."

Look for your own origin story – what is your superpower in relation to “your people” and importantly, what is the drama, or the ‘turning point’ that gave youour superpower.

Create Your Origin Story

"The best hack of all is to do something that makes a difference in [your] people’s lives."

This includes learning to:<ul><li>Clearly explain what your product or service is, why “your people” will benefit and how it works. </li><li>Deliver what you promise, so start simple with your promise, but go above and beyond whenever possible.</li><li> Uncover and respond to unspoken needs. </li><li>Find a way to report back to “your people” in some way. People often forget how bad the problem was, once it is solved. </li><li>Make it fun, interesting, or a source of status to write or record a testimonial for you</li></ul>

How You Can Change Your Customer’s Life

<ul><li>A website. Today, if you’re not online, you don’t exist. All you need is a domain and hosting. </li><li>A social media profile. Pick a platform that you like, where you’ll enjoy creating content and that suits your audience and focus on that.</li><li>A scheduling tool. Eliminates all the back and forth.</li><li>A payment system, to let people purchase right on your simple site</li></ul>If you end up with an idea for a side hustle that requires you to take out a $10,000 loan, you’ve done it wrong. It shouldn’t be expensive.

The Quintessential Side Hustle Shopping List

To sell a product or service, you must emphasize its merits. Focus on its benefits. The key is to connect with people emotionally.You should seek out four types of people who can help you along the way once you’ve identified the benefits of your side hustle. <ol><li>Find supporters first. Families and friends are most likely to be involved – they can lend a hand in a variety of ways and support your effort. </li><li>Find a mentor, someone who offers guidance and advice. </li><li>Identify influencers. Trendsetters are those who spread the word about your product. </li><li>Finding ideal customers is the fourth step. </li></ol>

Understand Your Side Hustle’s Benefits And Involve The Right People

A guide to launching a profitable entrepreneural venture in less than a month shares practical exercises and inspiring stores about how to plan, launch, and refine a side business with minimal revenue and without having to quit a full-time job.

moneyandinvestments

Money & Investments

books

Books

The author of the New York Times Bestseller THE $100 STARTUP shows how to launch a profitable side hustle in just 27 days. For some people, the thought of quitting their day job to pursue the entrepreneurial life is exhilarating.  For many others, it’s terrifying. After all, a stable job that delivers a regular paycheck is a blessing. And not everyone has the means or the desire to take on the risks and responsibilities of working for themselves. But what if we could quickly and easily create an additional stream of income without giving up the security of a full-time job? Enter the side hustle. Chris Gullibeau is no stranger to this world, having launched more than a dozen side hustles over his career. Here, he offers a step-by-step guide that takes you from idea to income in just 27 days. Designed for the busy and impatient, this detailed roadmap will show you how to select, launch, refine, and make money from your side hustle in under a month. You’ll learn how to: •  Brainstorm, borrow, and steal to build an arsenal of great side hustle ideas (day 3) •  Apply “Tinder for Side Hustle” logic to pick the best idea at any time (day 6) •  Learn, gather, or create everything you need to launch; then set up a real life way to get paid (days 13-14) •  Start raking in the money by channeling your inner Girl Scout (day 18) •  Master the art of deals, discounts, and special offers (day 21) •  Raise your game: improve, expand, or make more money off your hustle (days 24-26) A side hustle is more than just another stream of income, it’s also the new job security. When you receive paychecks from different sources, it allows you to take more chances in your “regular” career. More income means more options. More options equals freedom. You don’t need entrepreneurial experience to launch a profitable side hustle. You don’t have to have an MBA, or know how to code, or be an expert marketer. You don’t need employees or investors. With Chris as a guide, anyone can make more money, pursue a passion, and enjoy greater security – without quitting their day job.

Chris Guillebeau is the New York Times bestselling author of The $100 Startup and other books. During a lifetime of self-employment, he visited every country in the world (193 in total) before his 35th birthday. Every summer in Portland, Oregon he hosts the World Domination Summit, a gathering of creative, remarkable people. Chris also hosts Side Hustle School, a popular podcast that is downloaded more than 2 million times a month.

Chris Guillebeau

Side Hustle

Side Hustle: From Idea to Income in 27 Days

In today’s information-saturated age, people are often too preoccupied to notice what you’re offering unless it’s packaged and presented appealingly enough to break through all the noise.<ul><li>When people ask, “What do you do?” or “Why should I buy this?” it’s your job to make a long story short.</li><li>If someone can’t repeat your message back to you after you’ve told it, they didn’t “get it.” </li><li>If someone can’t remember your message, you wouldn’t get their business.</li></ul>

POP!: The Premise

You need to answer the “9 Ws” for your message/product/service:<ul><li>What am I offering?</li><li>What problem does my idea or offering solve?</li><li>Why is it worth trying and buying?</li><li>Who is my target audience?</li><li>Who am I and what are my credentials?</li><li>Who are my competitors and how am I different from them?</li><li>What resistance or objections will people have to this?</li><li>What is the purpose of my pitch?</li><li>When, where, and how do I want people to take action?</li></ul>

The Nine Ws You Need To Ask Yourself

<ul><li>The first requirement of a POP pitch is to be purposeful. People need to be absolutely sure of what you do/offer from your image/introduction/slogans alone. Examples of memorable slogans are given.</li><li>A pitch also needs to be original or one of a kind. Things that are original are appealing or, at the least, novel enough to try.</li><li>Pithy means concise and precise. The top slogans of the 20th century, as selected by Advertising Age magazine, are all less than seven words.</li></ul>

Your Pitch: The Three Requirements

The “alphabetizing technique” is where you take some of the “core words” relating to your product/service/message and make them more original by going through the alphabet and changing the sound of the first syllable.A bar used the alphabetizing technique with their “happy hour” to produce “yappy hour”, a special hour for dog owners.The “spell chuck” technique is switching out words or parts of words with homophones, such as “Curl up and Dye” for a hairdresser, “VoluntEARS” for a Disney customer service program.

Word-y Techniques

Try to “capture conversational catchphrases.” Pick up on unique phrases used in your industry or in relation to your message/product. Build a Rewarding Career, Job Search Techniques sounds dull but  I Don’t Know What I Want, But I Know It’s Not This sounds catchy and conversation oriented.Come up with catchphrases that are linked to what the customer/reader wants to hear in relation to the product. For example, for a toothpaste company making a child’s toothpaste: Look, Ma. No cavities!

Catching The Conversation

Anytime we elicit a laugh, people are more likely to like us and whatever it is we’re offering.Use all sorts of humour (except adult, rude, offensive) in your message and pitches. Trashy newspaper headlines, etc.Rearrange clichés to end up with fresh sounding phrases. For example, “I rub people the right way.”To Michael Jordan, it was said “Remember, Michael, there’s no I in team.” Jordan replied, “Yeah, but there is in win.”

Using Humor

The “Half-and-Half Technique” is when you make columns of related words that are based on your message and then try combinations of them. This is a common technique for coming up with domain names.Blend two words into one, like giraffiti, staremaster, Internut etc.

Two To Tango

The opposite of a correct statement is a false statement. But the opposite of a profound truth may well be another profound truth

The “contraband” technique is when you take a contrary position in a message, such as a “TV is good for your kids” or an upside-down Christmas tree (“leaves more room on the floor for gifts!”) .Difference stands out.Think “how can I introduce something that causes people to rethink their assumptions and question their current beliefs?”

Saying The Unexpected

<ul><li>Alliteration is given as a technique to make powerful titles. Examples: Weight Watchers, King Kong, Boombox, Dirt Devil. </li><li>Do remember to never sacrifice clear for clever.</li><li>Change a message to fit a beat or natural-sounding flow if one presents itself (e.g. rhymes). </li><li>Is your slogan in a beat that’s easy to repeat?</li></ul>

Sounds Good To The Ears!

<ul><li>Make your content come alive with first-person stories.</li><li>Examples are better than explanations.</li><li>Re-enact stories rather than “telling” them. Be visceral and active in your storytelling.</li><li>People remember stories, even if they don't remember anything else.</li></ul>

Keeping The Interest: Storify

<ul><li>Comb newspapers for current quotes.</li><li>Quote yourself, if you wish.</li><li>Quotations are a quick way to establish precedence. (And to validate ideas.)</li><li>Open eyes, ears, hearts, and minds with Aha! quotes.</li><li>Craft a memorable money phase. “Show me the money” from Jerry Maguire is given as an example. Money phrases drive word-of-mouth marketing.</li><li>You can “rip off” quotes by changing them to include your message in a funny way. For example, “I think, therefore iPod.”</li></ul>

The Power Of Quotes

Pop! is a lively, fun, and inspiring guide to getting heard, getting remembered, and getting results.

An inspirational handbook introduces the POP! process--to make messages Purposeful, Original, and Pithy--in order to promote one's ideas successfully, discussing such concepts as Muse It or Lose It, the Eureka Moment, the Jerry Maguire Rule, Contra-Brand, and Idea Chemistry.

marketingandsales

Marketing & Sales

While being memorable is important in one's personal life, it takes on an added urgency when trying to sell yourself, your business, or your product. In such a saturated market, with consumers being constantly bombarded with advertising messages and marketing images, how can you make sure to POP! out of the crowd? In her new book, Sam Horn reveals ways to ensure that you, your business and your product never blend into the background again. 'POP!' (or Purposeful, Original, and Pithy) has the power to propel even lifetime wallflowers into dynamic self-promoters.

Sam Horn

Pop!

Pop!: Stand Out in Any Crowd

Initially, the tech company was the lean, innovative underdog that took on the powerful status quo to free the consumer from how they viewed ideas, institutions and service delivery. But tech can no longer claim that. The so-called tech disruptors of today have unchallenged access, funding, and regulatory support. Disruption is sold as a one-way street where technology can change a social space if it is static but can't be changed in return. Yet, today's disruption is happening through users and networks, not tech companies.

Technological disruption

Grab and Gojek were mobility platforms meant to disrupt the city's existing motorbike taxi market by creating a driver workforce that was anonymised. Instead, the Grab and Gojek drivers used WhatsApp to create thousands of DIY community spaces. Loose driver groups changed into independent, cross-company communities that were organised by drivers for drivers. Yet, this type of disruption is not considered as such. Tech companies label Uber as an innovative disruption while motorbike taxis that provide a similar service are deemed dangerous or chaotic.

Example of disruption

The promise of disruption is much restrained by terms set by tech companies themselves. Companies increasingly try to prevent the ability to use and build upon existing technologies in ways that the original company does not approve of. However, tech is never the first or last mover of change. It is just one of the forces within a complex social world. To design better technology means to take it out of the centre. Technology that responds to people's needs sees users as more than just passive recipients will be best able to harness its power.

The promise of disruption

There's a wave of innovation led by users and networks, not tech companies.

There's a wave of innovation that we're failing to recognize—and it's being led by users and networks, not tech companies.

technologyandthefuture

Technology & The Future

creativity

Creativity

‘Disruption’ Is a Two-Way Street

It would motivate me for work I have done by clicking on it and algorithms in <a href="https://medium.com/@hackedongrowth/5-ways-to-prevent-business-failure-2022-7467ae903613">Medium</a>

Follow Me

Can you determine what the core of the problem is now that you’ve completed all of the most crucial phases of analysis? You now know what decisions to make if you know what expenses to cut, for example. These are the decisions that will eventually rescue your company, no matter how difficult they are.

3. Return to the Conceptual Stage

After evaluating whether or not your firm has a future, you may investigate how much it will cost to reorganize. Money is running out. Do you have a copy of your profit and loss statement? Are you aware of the revenues, expenditures, and expenses incurred at various phases of your company’s development? If you aren’t completely familiar with your profit and loss statements, now is an excellent opportunity to go over them carefully and examine them. Do you see any areas for improvement? Selling, sources of revenue, seasonality, net earnings, and cost of goods are all key factors to consider.

2. Renovated budgeting

What is the fundamental cause of your company’s problems? Take the time to fully examine your company. What may be the source of your difficulties? There are certain frequent reasons why businesses fail,

1. Find out The Reasons

Life is 10% what happens to you and 90% how you react to it.

What’s up, it’s @hackedongrowth here, Nobody begins a company to lose it. However, for many people, business failure is a reality. The most difficult step is confronting this fact and saying to yourself, "My company is failing." But failure is more often than we believe, and you may feel horrible about the waste of time, effort, a

5 Ways to Prevent Business Failure (2022)

The apologue The Boiling Frog describes a frog being slowly boiled alive. The premise is that if a frog is dropped into boiling water suddenly, it will jump out; but, if the frog is placed in lukewarm water and slowly brought to a boil, it will not recognise the danger and will be cooked to death.These are my intellectual guiding principles. They will all aid in clearer thinking and decision making on the entrepreneurial journey.

Stepping Stones for Entrepreneurs


Rather than asking, “How can I grow my company?” you should ask, “What are the weaknesses of my company?” How can I work on them? Brainstorm with a list of things to avoid.

1. Inversion

People deceive themselves about socially acceptable preferences by saying one thing in private and different things in public. Beware of such people.

2. Hypocrisy

We emulate one another since we have no idea what we want. We crave the same things as other people instead of looking at our own needs.

3. Desire vs. Need

Society excels at developing talent but fails miserably at creating genius. Talented people can hit targets that others cannot. On the other hand, a genius can identify targets that others cannot see.

4. Talent vs. Genius

Stay away from the competition. Focus on problems in an organization that would otherwise go unsolved.

5. Compete to solve

When you make a conscious decision to do one thing, you also make an unconscious decision to do something else. Do something every day.

6. Opportunity Cost

Large gaps between rapidly evolving technologies and stale social standards create new business opportunities. For example, the launch of the iPhone was at the appropriate time in 2007. Google Glass was released too soon.

7. The Window of Opportunity

A group of people working on a project will argue over the tiniest of details. What is complicated will be overlooked. Instead of discussing the appropriate computer system, the team can quarrel about the colour.

8. The Law of Triviality

A small amount of something might have the opposite impact of a large amount. A little bit of stress can help you wake up, but too much stress is harmful. Do not put too much pressure on yourself.

9. Hormesis

We are oblivious to what we can not see. Not everything that matters can be measured, and not everything that’s measured has any significance. People manage what they can measure. So society keeps making the same mistakes.

10. Legibility

Corporations encourage conventionality, but the Internet encourages individuals to be distinctive. If you work in a creative profession, strive to be the only one with your style and go with it. Make yourself some intellectual real estate.

11. Personal Monopoly

When everyone agrees on something, it can lead to disastrous decisions.

12. The Paradox of Consensus

Delighting your guests with an unexpected present is the secret to good hospitality. If you are writing a series of tweets, include a bonus suggestion. I did that with this article.

13. Dozen+1

These ideas are important for any Entrepreneur who is relaxed about his/her business approach

leadershipandmanagement

Leadership & Management

12 Steps to ensuring your Entrepreneurship

It is possible to succeed online without any skills and build an online business that provides for your family and pays your bills if you have the right mindset. How to make money online without skills: Everything you need to know:

How to Make Money Online Without Any Skills

This doesn't mean you have to start a blog about your daily life and post pictures of your cat there. In other words, you should honestly evaluate your strengths and weaknesses. This can include everything from cooking to gardening to interior design. It may be as basic as knitting scarves or building birdhouses.

Start with what you already know

You should not waste your time on these types of opportunities, and instead concentrate on revenue streams that will provide you with a return on investment (ROI). This can be accomplished through affiliate marketing, blogging, Amazon FBA, eBay arbitrage, or starting your own business through Amazon's Seller Central program.

Get rich quick schemes should be avoided

The very first thing you think when you think of making money online is, "I need skills." But actually, you already have one skill you can begin using right away: your passion.If you want to succeed online, choosing a niche and following your passion is the smartest thing you can do.

Focus on your passion and pick a niche

Establishing a strong and sustainable work ethic is the next step to making money online. You need to know why it is worth your time and effort.Does it benefit you personally? Does it help your family? Does it benefit your community? What motivates and inspires you?When you have figured this out, you can make a plan that will help you stay consistent and motivated.

Commit to your vision and stay consistent

The advent of the internet has created many opportunities for skilled and unskilled individuals alike to make money online just by having access to the internet. Any person with the right mindset can start making money on a monthly or weekly basis by following the above steps.  The original post can be viewed by clicking the link.

Conclusion

If you are reading this, chances are you are looking for a way to make money online. You may have tried your hand at blogging but still haven’t found success.

How to Make Money Online Without Any Skills - A Guide for Beginners. - Kelvinaryee.com

Lori Grenier is an inventor and multi-millionaire investor. She is known for her wildly popular ABC show, Shark Tank. She has over 500 inventions and 120 patents.  But she wasn't born a successful inventor. It all started nearly twenty years ago with the idea of an interesting jewellery box.

Lori Grenier was not born successful

There are two types of inventors:<ul><li>The one who creates one masterwork.</li><li>The serial inventor who thrive in coping up with one new idea after another and bringing them to life.</li></ul>

Know the inventor you want to be

Don't fall in love with your idea so much that you don't want to listen to feedback.  Business is business. Sometimes you will have to change your idea to match demand.

Don't be stubborn with your idea

You may have many ideas that don't work. That's okay. You just need one idea to take off.  However, to know which one is your million dollar idea, you need to come up with multiple ideas and test and experiment with what does and doesn't work. The idea you think is the best might not be what customers want. You need to be comfortable with failing and moving on.

It takes one idea

Beginner inventors and entrepreneurs should learn all the facets of their craft and business firsthand to enable them to make pivotal decisions. When Grenier had to create over 20,000 pieces of jewellery by hand for her in-store display, she put in the hours. There's no other way.

Put in the hours

Entrepreneurs will work 80 hours a week. Being your own boss is much harder work than working for someone else. If you have an idea, you'll be willing to work 80 hours because it is easier than working 40 hours for someone else's.

Do whatever it takes

With over 500 inventions and 120 patents to her name, Lori Greiner knows exactly what it takes to find success. Get social with Inc. on: Facebook: http://on.inc.com/ilqUryJ Twitter: http://on.inc.com/8FGInRj LinkedIn: http://on.inc.com/gt7KsIn Instagram: http://on.inc.com/wLObvE2 Pinterest: http://on.inc.com/8lPoT0r

videos

Videos

With over 500 inventions and 120 patents to her name, Lori Greiner knows exactly what it takes to be a successful inventor. 

Inc. Magazine delivers advice, tools, and services to help business owners and CEOs grow their businesses more successfully. You'll find information and advice covering virtually every business and management task including marketing, sales, finding capital, managing people, and much more.  Visit Inc.com for the latest!

Get social with Inc. on:
Facebook: http://on.inc.com/ilqUryJ
Twitter: http://on.inc.com/8FGInRj
LinkedIn: http://on.inc.com/gt7KsIn
Instagram: http://on.inc.com/wLObvE2
Pinterest: http://on.inc.com/8lPoT0r

Inc. Magazine delivers advice, tools, and services to help business owners and CEOs grow their businesses more successfully. You'll find information and advice covering virtually every business and management task including marketing, sales, finding capital, managing people, and much more.  Visit Inc.com for the latest!

Inc.

5 Rules to being a Successful Inventor: Lori Greiner | Inc.

Lori Greiner’s 5 Rules to being a Successful Inventor | Inc.

<ol><li>Speedy Customer Reassurance</li><li>Insurance</li><li>Pricing Strategy</li></ol>

3 Valuable Entrepreneurial Lessons

As an entrepreneur you should proactively provide reassurance to your customers and, for small businesses, it’s even easier because you are closer to your customers and can easily keep track of them. Providing reassurance to your customers reminds them that you have their best interest at heart and their money is best spent with you.

1. Speedy Customer Reassurance

There are many people who view insurance negatively but as an entrepreneur, you should be walking in the opposite direction. Having insurance could be the difference between losing everything you own and having the shot to begin again, and this certainly proved to be the case for a lot of covid hit businesses during the pandemic.Get yourself a good insurance deal, on your home, business, and cars.

2. Insurance

Joe Karbo author of ‘the lazy man’s way to riches' explained in chapter five of his book that your selling price should be at least three times your total cost. This may sound astonishing but Joe says that he is personally more comfortable at 5 times his total cost and in some cases, 10 times your cost is a possibility. You should be open to dividing your market and experimenting with your prices to find the optimal one. The bottom line is that this strategy is what successful businesses adopt, they ‘milk their wins’.

3. Pricing

These ideas show three important lessons for entrepreneurs in managing their businesses. 

On 9th February, a cargo ship named the Felicity Ace, left Emden port in Germany heading for Rhode Island in the U.S, carrying 22 crew members, 189 Bentleys, 1,100 porches and 2,711 other luxurious electric and Non-electric vehicles owned by the Volkswagen group.   It never made it to Rhode Island. There has been a lot…

3 Valuable Entrepreneurial Lessons from The Tragedy of Volkswagens Felicity Ace

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