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Home / Archives for YEC

YEC

YEC

YEC

The Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses. Follow the YEC on Twitter @YEC.

Cold Calling Techniques That Really Work

Sep 20, 2018 By YEC

My father was a great businessman, entrepreneur, successful CEO and avid reader. I’ve been fortunate enough to inherit his books, and I came across this older one recently: Cold Calling Techniques (That Really Work!) Have you ever cold called or do you now? Cold calling can be exhausting and frustrating. “I wanted to introduce you to my […]

Filed Under: Advertising and Lead Generation Tagged With: Cold Calling, Sales

Building a Company Culture with an Emphasis on Employee Happiness

Aug 30, 2018 By YEC

If you google “workplace culture,” you’ll find hundreds of articles and resources on why it’s important, how to build a better culture, and tons of examples of companies that are “doing it right.” But when you pull back the curtain on employee happiness, the truth remains that 16% of millennials are considered “actively disengaged” and likely […]

Filed Under: Open Culture Tagged With: Culture, Employees

How to Attract, Connect and Convert More Prospects into Customers

Aug 13, 2018 By YEC

In 2017, digital ad spend has surpassed television ad spend. Brands are switching their ad spend focus from TV, radio and print to digital. If we want to get our message in front of the right audience, entrepreneurs and businesses have to course correct their marketing strategy to include digital. Facebook now has over 2 […]

Filed Under: Sales Activities Tagged With: Conversion, Customer Segmentation, Target Market

Breaking Up in Business: How to Do It Painlessly

Aug 6, 2018 By YEC

As the founder of an online resource specializing in all things marriage (including divorce), I’ve come to learn that business relationships have many parallels to marriage and intimate relationships. They start with enthusiasm and passion, they grow through balance and communication, and they endure the peaks and valleys of life. But sometimes, they also end. Divorce for […]

Filed Under: Best Practices Tagged With: Exit Strategy, Leadership, Partnerships

Recruiting the Best Candidates from Your Internal Talent Pool

Jul 23, 2018 By YEC

One of the hardest tasks of a business owner is hiring the right people. Top performers must have the right work ethic to fulfill expectations, but also be a good fit within the company. A bad hire could result in serious repercussions, as the business’s reputation could be tarnished by their actions. Having built three […]

Filed Under: Human Resources Tagged With: Employees, Promotions

The Importance of Willpower in Sales Execution

Jul 16, 2018 By YEC

Recently, I had a call with a top salesman I coach. I asked how selling to his top 25 clients was going. He shared that he hadn’t stuck to his strategy because he wasn’t excited about it anymore, so I asked if he was excited about his current sales numbers. He was not. Three months earlier, […]

Filed Under: Sales Activities Tagged With: Sales

How to Scout Out and Hire Employees Who Really Love What They Do

Jul 6, 2018 By YEC

Dedicated employees make or break startup success. Anyone can say they are “highly skilled,” but if employees lack the same vision and determination as their leader, it can be detrimental to the startup. To succeed in a startup environment, employees must have two qualities: enthusiasm and flexibility. Like the saying goes, hard work beats talent […]

Filed Under: Human Resources Tagged With: Employees, Hiring, Passion

3 Key Components of Successfully Raising Funding

Jun 29, 2018 By YEC

Not all companies should raise (or need) venture capital to succeed. As scholar and former VC Dileep Rao points out, “The reality is that most ventures do not qualify for venture capital and never will.” However, a highly scalable business shouldn’t necessarily avoid seeking capital. In fact, many successful companies have grown to fruition because of it. Ultimately, your company’s […]

Filed Under: Funding a Startup Tagged With: Funding, Getting Started, Investors

A Valuable Product Strategy You Might Not Have Considered

Jun 22, 2018 By YEC

As business owners, we are always thinking about more: How can we find more clients? How can we give our clients more than our competitors do? And of course, how can we bring in more money? One way to offer more is to bundle your offerings. But what if bundling doesn’t always make sense for everyone […]

Filed Under: Pricing Strategy Tagged With: Pricing, Product Development

4 Key Ways to Make the Most of Your Business’s Down Cycle

Jun 15, 2018 By YEC

Starting and growing your own company is exhilarating, exciting and rewarding. It also scares the living daylights out of you when you find yourself strapped into your seat, plummeting towards the very bottom of a roller coaster ride. Ups, downs and roller coaster metaphors aside, business is anything but a linear journey. Many businesses are built on momentum, which can be […]

Filed Under: Operations Tagged With: Time Management

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