Jack of All Trades or Jane of All Trades = Burn Out, is a well-known proverb, and you can never deny its importance. This blog will not fail you in handpicking the right individual to join the team.

According to the research analysis published by the small business administration (SBA), about 20 percent of the business startups fail within their first year. Within five years, about 50 percent of the business startups end up failing. And after ten years, only 33 percent of the business startups manage to keep growing at their initial pace.

Funding your dream is the main inhibitor for new business owners. Many only have “a dollar and a dream.” There are some key steps to consider when going to acquire funds, raise capital, and/or pitch investors/donors for your business.

Many business owners start this process using a Business Plan, a fully detailed blueprint of what and how your business will operate during a defined period. Through this plan, you begin to execute the mission and vision of your business.

You cannot continue being a one-person army for the rest of your business career. It is essential for your business growth to learn how to delegate tasks to others.