While there are many benefits of being a business owner–such as independence and the potential for creating wealth–there are definitely downsides. Let’s face it, the work can be very stressful. How do you deal with competition? What’s the best way to improve the product or service? Who should you hire? Or fire?
It’s a lot to take in. And yes, being a business owner means putting in long hours.
In other words, if you plan on giving a gift to such a person, the gesture will be appreciated. So then, what are some ideas? Let’s take a look at six:
Cash is king, right? Definitely. This is why you should make sure you can always make it easy for customers to pay you—even if it’s electronic money.
One way to make it easier is to get a Square Terminal. It accepts all major credit and debit cards (you actually get your money deposited in your account by the next business day). There is also a relatively low fee structure and no long-term contracts. Something else: Square has a wide assortment of other services that are tied to their devices, such as apps for invoices, payroll, inventory management and e-commerce.
Udemy: The Essential Guide to Entrepreneurship
Guy Kawasaki was an evangelist at companies like Google and Apple. He has also written several best-selling books about entrepreneurship. And he has put together a great course as well: The Essential Guide to Entrepreneurship. It consists of more than 50 videos that cover key areas like pitching, raising capital, building teams, and social media. The course also has a variety of helpful FAQS and interactive exercises to reinforce the lessons.
Trailblazer by Marc Benioff
During the last 20 years, Marc Benioff has upended the traditional enterprise software market by innovating the cloud-based model. The result is that he has created one of the most valuable software companies, Salesforce. It currently has a market value of $143 billion, $13 billion in revenues and more than 35,000 employees.
But interestingly enough, Benioff believes that business success in today’s world needs to be more than about profits and the stock price. Rather, the main priority should be on core values, which can help build a stronger culture and a more durable business. He describes this in his excellent book, Trailblazer (here’s a recent book review I wrote).
For business owners, a smartphone may be the most important tool, but it can be inconvenient sometimes, particularly when video conferencing. So why not get a mount for your phone?
A popular one is the SCOSCHE MagicMount, which works with any flat surface. This device actually uses a sophisticated rare earth mineral that acts as a magnet for your smartphone. There is also a 4-axis, 360 adjustable head to provide for the best viewing.
Hatch Idea Bank
With the Hatch Idea Bank notebook, a business owner can easily keep track of new concepts and ideas as well as projects and even passwords. It’s also convenient to carry around (at 3.5 x 5.5″ and has 43 pages). But unlike a typical notebook, this one is designed for organization. Keep in mind that it has a useful index system to make it easier to find what you need.
Grasshopper is a pretty cool cloud-based phone service. Some of the features include unlimited minutes and text messages; multiple extensions and call forwarding (there is no limit on the number of users); and a wide assortment of toll-free, vanity and local numbers. The virtual phone system ultimately helps the entrepreneur separate business from personal.
Something else: Grasshopper is launching a sweepstakes for Small Business Saturday. That is, they are giving a way an annual subscription if you enter to win by signing up for a free trial before November 30. The winner will be chosen at random, and if it happens to be you, it can be a game-changer for the way you communicate with customers in 2020.