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Season 1 of Entrepreneur Elevator Pitch is coming to a close, with just one more chance for four eager entrepreneurs to show off their million-dollar ideas. Each has a 60-second elevator ride to deliver their pitch, while a panel of accomplished investors watches from the boardroom. A thumbs-up from the judges opens the elevator doors for negotiations, but a thumbs-down sends the contestant speeding back down to the lobby.

The finale offers a range of products presented by some creative and passionate entrepreneurs. From air-conditioned campgrounds to stress-relieving bracelets, all four innovators attempt to close a deal with their original ideas. Watch the episode above to see which ones get funded, then support your favorites yourself on the crowdfunding site

In this video, Entrepreneur Network partner Ben Angel explains a common phenomenon with entrepreneurs and all working people: how our confidence levels tend to rise when we have more money in our bank accounts. Angel breaks down how our money situation isn't just connected to the way we see ourselves -- it's an essential part of our self-image. When we have more money, we tend to be more confident, and when we have less, our confidence drops.

However, through visualization and practice, you can lessen the gap between those two identities so that you remain confident even when you have a little less, thus giving you a better chance to bounce back.

Click play to learn more.

Related: Feeling Lost? Here's One Way to Get Back on ...

Entrepreneurial success isn't easy to achieve, and it's even harder when you're going it alone. Every entrepreneur needs to build a network of sustaining individuals who fill key relationship roles -- -- and LinkedIn is stepping in to help.

The business-centric social network is preparing to roll out Career Advice, a new service to connect its members with potential mentors. Users set preferences about the advice they'd like to give or receive, and LinkedIn suggests possible partnerships within their networks, schools or regions. Once connected, mentor and mentee can talk using LinkedIn's messaging service.

How valuable are these connections? In a MicroMentor survey of more than 700 participa

Just For You

Increasing Conversions

3 Tips for Turning Your Buyer's Journey Into a Reliable Conversion

The 2017 B2B Buyers Survey Report from Demand Gen combines the insights of 283 executives and directors to show how the buyer's journey has changed over recent years. One big finding? Buyers, from both the B2B and B2C categories, no longer wait for companies to introduce themselves: 75 percent of respondents said that they now use more sources to research and evaluate their purchases -- themselves.

Related: Preparing Your Sales Team to Go Global

With so many research avenues at their disposal, in fact, customers are free to form opinions about a brand before their first engagement with the company. Brands therefore have less control over the message customers receive, which more and more is determined b

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Cannabis

Legal Marijuana Just Can't Catch a Break From Washington

The marijuana industry has taken a couple of hits in Washington this month.

First, an amendment that would have stripped a part of the tax code that places extra financial burden on cannabis businesses was pulled at the last minute from the GOP tax plan approved by the U.S. Senate.

Also, Attorney General Jeff Sessions again made remarks that seemed to threaten a potential federal crackdown on the legal marijuana business any day now, maybe even by the time you read this. The events underscore the fact that even as the marijuana industry continues to grow by leaps and bounds, it still faces challenges.

No tax relief, yet.

Marijuana industry entrepreneurs had hoped the sweeping tax changes voted on by Congress would provide the perfect opportunity to end the dreaded provision 280E in the federal...

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Scaling

The Holy Trinity of Business Growth: People, Process and Metrics

We have a client who reported to us some interesting comments heard at an industry-related seminar. A seminar presenter contended that as a business grows above the 50-employee size, it will become unprofitable until it gets above 200 employees.

Related: You're Making Scaling Harder Than It Needs to Be

This happens, the presenter said, because, beginning at the 50-employee level, the company must take on additional overhead in the form of HR, IT, accounting and middle-management personnel. The solution, the presenter said, is to grow as rapidly as possible to this stage and then stay there until you can become profitable again at the larger size.

We disagree. Personally, we know of dozens of profitable companies that have more than 50 and fewer than 200 employees. In fact, the two of us met i...

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Project Grow

Entrepreneur Elevator Pitch Ep. 12: Glamping, Stress Relievers, Burgers and More!

Season 1 of Entrepreneur Elevator Pitch is coming to a close, with just one more chance for four eager entrepreneurs to show off their million-dollar ideas. Each has a 60-second elevator ride to deliver their pitch, while a panel of accomplished investors watches from the boardroom. A thumbs-up from the judges opens the elevator doors for negotiations, but a thumbs-down sends the contestant speeding back down to the lobby.

The finale offers a range of products presented by some creative and passionate entrepreneurs. From air-conditioned campgrounds to stress-relieving bracelets, all four innovators attempt to close a deal with their original ideas. Watch the episode above to see which ones get funded, then support your favorites yourself on the crowdfunding site

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Mentors

10 Ways a Business Mentor Creates Explosive Results

It's hard to truly grow in business without a mentor. Business mentors provide a sounding board, helping to amplify your results. They help to guide you through the oftentimes-murky waters in the entrepreneurial world while you navigate the storms. They help to mitigate the risks that might occur when you move out past your comfort zone. If you've never considered a mentor in business, then now is the perfect time to do so.

Yet, the question that plagues most is the following. How do you actually go about finding a business mentor? How do you locate someone that'll help you avoid pitfalls and navigate your way to success? It isn't easy. Let's just say that. Especially if you're an introvert. The best way to do it? Get out there. Network. Communicate. Add value to the lives of others. Don't ...

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Starting a Business

Yes, You Can Still Bootstrap Your Startup From Zero to Millions of Users.

The past decade has seen a significant rise in startup ecosystems on a global level. From the U.S. to Israel to France, Brazil and India, the number of startups worldwide has exponentially increased. But the number of VCs? Not so much. Nowadays, fewer and fewer startups are obtaining venture capital funding, and bootstrapping is becoming far more common.

Interestingly enough, founders tend to have mixed feelings about bootstrapping their startup because of concerns about growth. With the costs of maintenance, subscriptions and other basic expenses, is it even possible to bootstrap a startup to millions of users?

Absolutely. There’s a method to working strategically with what you have, and it requires patience, resourcefulness and accountability.

The greatest advantage to bootstrapping your st...

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Project Grow

Entrepreneur Elevator Pitch Ep. 12: Glamping, Stress Relievers, Burgers and More!

Season 1 of Entrepreneur Elevator Pitch is coming to a close, with just one more chance for four eager entrepreneurs to show off their million-dollar ideas. Each has a 60-second elevator ride to deliver their pitch, while a panel of accomplished investors watches from the boardroom. A thumbs-up from the judges opens the elevator doors for negotiations, but a thumbs-down sends the contestant speeding back down to the lobby.

The finale offers a range of products presented by some creative and passionate entrepreneurs. From air-conditioned campgrounds to stress-relieving bracelets, all four innovators attempt to close a deal with their original ideas. Watch the episode above to see which ones get funded, then support your favorites yourself on the crowdfunding site

Read the full story
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Enjoy new solutions, emerging trends, and real-life stories delivered straight to your mailbox or mobile device. Save 80% ! Subscribe Now »
Podcasts

The 45 Best Podcasts for Entrepreneurs

Running a business is daunting, and many entrepreneurs find themselves seeking mentors -- or better yet, wishing they had an experienced friend to dish all of their secrets. For those craving this kind of candid counsel, don’t cold email someone asking to get coffee and “pick their brain.” Instead, grab the closest pair of headphones and listen to podcasts.

You don’t have to be a business owner in the conventional sense to grow wealthy with insights from the following list of shows. They touch on themes such as creativity, happiness and discipline, and anyone pursuing their ambitions can apply their lessons. Chock-full of surprising strategies -- from tech tools to mindset shifts -- these podcasts are simultaneously ultra-informative and di

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20 Questions

22 Successful Entrepreneurs Share What Inspires Them to Keep Going

There is no one right way to get inspiration. It is deeply personal and derives from what is important to and what drives you. But no matter where you find it, it is often an integral part of what keeps you going when times get tough.

We asked 22 entrepreneurs to open up about the things, actions and people that make them engaged and wanting to make a difference.

Here is what they had to say.

 
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Run a Better Business

How to Reset a Bad Work Day

Most people don’t wake up ready to start the day like Snow White singing to her helpful little birds. Most days you get caught up in the hustle and bustle and have to push through, and then, there are the bad days when you’re just not feeling it.

The alarm goes off late. Your forehead is pounding, and your body feels like a semi-truck has hit it. Your computer crashes and destroys your assignment hours before the deadline. Your supervisor has taken micromanagement to the next level. You have to work through lunch, and it’s not even the afternoon yet.

Everyone has one of those days. You may feel like it’s your fault, but it’s not. Most of the time, these stressful situations are outside of your control, but you can monitor, accept and reset your reactions. To get started, try these five tips ...

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Happiness

20 Simple Ways to Hack Your Happiness, According to Science

Happiness, anger, depression, anxiety, excitement -- we’ve all experienced each of these emotions before. It’s part of the human condition and how we’re wired. But if we had the option to feel happy 24/7, most of us would probably choose it.

Unfortunately, that’s not exactly how it works. But, what if we were to tell you there are certain things you can do to get you closer to feeling happy all the time? Simple hacks, like taking a walk, planning a vacation and listening to music. That’s right -- it’s as easy as that. Even the slightest tweaks and additions to your daily routine can boost your mood, and get you back on track.

So if you’re feeling down, check out the next 20 slides and hack your way to happiness.

Related: If Work-

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Relationship Building

3 Ways Over-Delivering Value Gives Entrepreneurs an Advantage

Entrepreneurs hustle. That’s our mindset: See opportunities that others don’t, do what others won’t, and keep pushing until prudence says quit. The entrepreneurial spirit is about connecting dots that don’t yet exist. It’s about having the intuition and gut feeling to know that they might or will exist and what to do with them before others see the same opportunities. That’s how to continuously cultivate innovation and initiative and then use that foundation to grow and prosper. 

Entrepreneurs must trust themselves enough to be fearless. We need to think big, make a difference and have an impact in everything we do and how we do it for the betterment of a healthier whole. That’s how we build continuous momentum and are able to sustain success and eventual significance that stands the test o...

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News and Trends

Cannabis

Legal Marijuana Just Can't Catch a Break From Washington

There will be no tax relief for the legal cannabis industry, and the Justice Department is threatening a return to fierce enforcement.
Bitcoin

13 Things You Need to Know About Bitcoin

The cryptocurrency has had a tumultuous existence so far.
Project Grow

Entrepreneur Elevator Pitch Ep. 12: Glamping, Stress Relievers, Burgers and More!

Watch the season finale of Entrepreneur's fast-paced pitch show, then head to Indiegogo to support the next million-dollar idea.

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