Kyle Goguen

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Obtaining more than one investor for your business can be a significant help when trying to finance all your endeavors. However, with more investors also comes more opinions, and not all your investors will be on the same page all of the time. This means finding ways to keep your investors happy, even when their opinions differ, is crucial to ensuring your business keeps running smoothly. But what’s the best way to do this? How can you avoid arguments or bad feelings when disputes occur? Below, 10 members of Young Entrepreneur Council share their insights as business leaders and offer their top tips for ensuring your investors are involved, happy and feel their opinions are being heard.

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As the modern workforce evolves, the appeal of hybrid work environments has become increasingly apparent. While fully remote work may not be feasible for every company, adopting a hybrid work solution can be an attractive perk for both potential and current employees. Transitioning from a fully on-site setup to a hybrid environment, however, requires careful planning to ensure a smooth and successful shift. If you're ready to embrace the hybrid work model for your company, read on for 11 expert tips recommended by Young Entrepreneur Council members.

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In their search for the best talent, many companies revolve their recruiting and hiring process around their ideal hire, often creating job descriptions with strict qualification requirements or interviews that change from candidate to candidate. While often done with the best of intentions, companies may unintentionally be biasing themselves against candidates who may not thrive in this kind of hiring process but who are otherwise well-suited to the role. To prevent this kind of unconscious bias, leaders can take certain steps that will help make the hiring process more equitable. To help, nine members of Young Entrepreneur Council sound off on the best practices for ensuring an equitable recruiting and hiring process for all and why it is so important to create.

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When it comes to hiring someone for their team, nearly every employer likely already has an image of their ideal candidate in mind. Whether it’s someone who isn’t afraid to push the envelope or someone who is reliable, trustworthy and gets their work done on time, the “ideal” hire can vary from employer to employer, sometimes making it difficult for potential candidates to know what qualities they should emphasize in their application. To provide a little bit of guidance, business leaders from Young Entrepreneur Council list 11 words they’d use to describe their ideal employees and explain what it is about those specific characteristics that makes someone such a great hire.

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Being an entrepreneur requires a unique blend of creativity, vision and innovative thinking. To stay ahead in the ever-evolving business landscape, entrepreneurs need constant inspiration and fresh perspectives. Luckily, podcasts have become an invaluable (and readily available) source of knowledge and motivation for ambitious business minds. Whether you're just starting your entrepreneurial journey or are a seasoned professional, the members of Young Entrepreneur Council (YEC) offer their suggestions by answering this question:

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As artificial intelligence continues to revolutionize industries across the globe, it is crucial for young professionals entering the workforce to develop skills that will keep them relevant and adaptable in the face of rapid technological advancements. While the integration of AI may raise concerns about job displacement, it also presents abundant opportunities for those equipped with the right skill sets. Below, Young Entrepreneur Council members explore several key steps young professionals can take to not just survive but thrive in an AI-dominated work world. By honing their skills, they can position themselves to leverage AI as a tool and remain competitive in the ever-evolving job market.

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Members of Young Entrepreneur Council discuss their favorite tech that's come about in response to ongoing culture changes. The ongoing pandemic has permanently changed the way we behave. Working remotely more and leaving the house less means that our whole culture has had to adjust in order to meet new and ongoing needs. As a result, a whole host of innovative technologies have been created or improved upon, giving people the chance to more easily adapt to a world turned upside down. Below, the members of Young Entrepreneur Council share a few of their favorite new or improved technologies that came about in response to the pandemic and why they’re excited to see them grow in the future.

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As more companies shift toward remote work, managers may find some employees struggling with productivity throughout the day. Whether it's tending to personal matters at home, reprioritizing tasks or warding off distractions, some employees may find it more difficult to work from home than in an office environment. Thankfully, there are multiple apps and software programs that can help you get back on track. Below, eight members of Young Entrepreneur Council recommended their favorite apps and software remote workers can use for increased productivity.

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When you're starting a new business, it can be easy to get lost in the excitement. Instead of carefully planning next steps, you may end up taking shortcuts or rushing to advance, which can ultimately have a lasting negative impact. It's important for new business owners to take things slowly and have a well-developed, organized plan for growth. But it can be difficult to know what mistakes you might make if you've never been an entrepreneur before. To help you, 10 Young Entrepreneur Council members share some mistakes that may sabotage your future business success and explain why each action has such negative effects.

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The idea of a four-day workweek isn't a new concept, but since the pandemic, whether or not this type of work model should be implemented has become a hot topic of debate in the professional world. Some say four-day workweeks make employees more productive, while others argue that, even if this is true, they can't spare their entire staff on a Friday. It boils down to leaders knowing what will work for their companies. But with so many factors to consider, coming to a practical conclusion can seem overwhelming. To share their own perspectives, a panel of Young Entrepreneur Council members offer their opinions on the popular four-day workweek model and whether or not they believe leaders should consider it as a valuable solution for better work-life balance.

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Even when candidates for a role have all the knowledge and experience necessary to excel in a position, they may not end up being the best fit for the job. For this reason, many employers choose to put new hires on a trial period before they decide whether or not to keep them on full time.  When conducting a trial period for a new hire, there are several things you can evaluate candidates on to ensure they’re the right fit. Below, eight members of Young Entrepreneur Council discuss the criteria they recommend using to evaluate new hires during a trial period and how these play a role in whether or not they would decide to keep them on as full-time employees.

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When you start a new business, one of the first things you need to do is create your social media pages and start building an online presence. Many entrepreneurs make the mistake of expecting to have thousands of followers the moment they set up their page only to get discouraged when they have a hard time getting recognition. Sometimes all it takes to gain momentum in building an audience is one post to go viral. However, this is easier said than done, and you may find yourself feeling more often than not that you're just sharing posts into a void. Here, eight experts from Young Entrepreneur Council share their best pieces of advice on how a new business can gain those first few followers and start building an audience.

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Employees want to feel valued, included and represented at work. Not only do they want to receive encouragement from supervisors and support from upper management, but they also want to be able to express themselves and their opinions freely with colleagues without fear of retribution. Leaders have an important role to play in creating an accepting, comfortable work culture that benefits employees. To help you fulfill this role, 10 Young Entrepreneur Council members share one simple step any business leader can take today to create or encourage a more equitable and inclusive work culture.

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Members of Young Entrepreneur Council discuss why doing these things could do more harm than good for your business. Even the best businesses are bound to get a bad review at some point, and yet, for new business owners, this can be a difficult reality to face. No business leader wants to hear that a customer had a bad experience with a product or service, especially after all the time and effort put into getting it just right. This situation can lead entrepreneurs to become frustrated or dejected, and they may end up responding in a way that they come to regret later on. If you want to resolve the situation, retain your customer and boost your company’s reputation, there are certain things you should never do in response to a bad review. Below, the members of Young Entrepreneur Council list several of these “don’ts” and explain what you should be doing instead.

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Members of Young Entrepreneur Council share their best tech hacks for getting time back in your workweek. With today’s abundance of technology, working professionals have more options than ever for streamlining their days. There are countless tools and devices that increase efficiency in the workplace, and it's often easy to start implementing them in your daily routine. It's just a matter of knowing how to leverage those tools for maximum productivity. Below, 10 members of Young Entrepreneur Council shared some simple, yet effective ways to use tech to shave hours off your workweek. Here’s why these hacks are so helpful and how you can implement them for yourself.

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There are some business leaders who instantly light up a room when they walk into it. They have this charisma that draws people to them and makes others want to listen. However, if you don't feel like you have this type of personality naturally, you don't have to give up on being able to make a positive impact on others. With a few simple techniques, you can be a business leader whom others look up to and wish to be.  Below, 13 professionals from Young Entrepreneur Council offer their best advice for how to be a positive influence even when charisma doesn't come naturally to you.

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Members of Young Entrepreneur Council share their best tips for marketing your newly launched mobile app. When launching a new app, you’ll want to invest your time, money and effort into marketing it. Otherwise, you won’t reach your intended audience or boost your sales. If people don’t know about your app, they likely won’t be able to find it or won’t feel inclined to try it out.  To that end, 13 members of Young Entrepreneur Council shared marketing tactics a company can use to get people excited about their new application before and after launch. Here’s what they recommend and why these methods work so well.

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Everyone experiences changes in their lives, whether big or small, and the stress that comes along with these changes can either hurt you or allow you to grow stronger. One of the best ways to manage this stress is to learn to be more adaptable. When you're able to adapt, you're less likely to feel stressed by minor or major changes that happen in life. Here, 13 members of Young Entrepreneur Council explain how you can adapt to whatever comes your way so you can fight off the stress of new circumstances.

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While introversion should not be considered a negative trait, in the world of business, where so many daily tasks require people-to-people interaction, introverts can quickly find themselves drained of energy. Figuring out methods to cope with this issue isn’t always easy. Employers can help, however, by ensuring their work environment and duties are introvert-friendly. To accomplish this, employers should keep a few helpful tips in mind. Below, eight members of Young Entrepreneur Council share some strategies for helping introverted employees succeed in the workplace and achieve their goals, and how that may benefit the entire team over the long term.

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Members of Young Entrepreneur Council explain how to craft SEO content that will withstand trends. In a world of changing algorithms and content trends, it’s important to prioritize search engine optimization (SEO) to keep up with competitors and get found by your audience. When creating content, you’ll want to appeal to current trends so you’re actually able to reach your target audience. However, it's also important to follow proven best practices that give your content staying power, no matter how many times search algorithms are updated. To help, members of Young Entrepreneur Council shared tips for creating long-lasting, SEO-friendly content. Follow their advice to publish pieces that stand the test of time.

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Whether you’re a business leader or just someone trying to improve their life, surrounding yourself with positive people can be an important part of personal development. Aside from offering support when you most need it, positive people can also challenge you to grow and evolve as an individual, all while giving you the confidence you need to take action. But how do you find these positive people and make them a part of your inner circle? Twelve experts from Young Entrepreneur Council examine some of the steps you can take to locate and attract positive people to stand in your corner and challenge you to grow in both your personal and professional lives.

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Public relations can be a delicate balancing act. If your business does PR right, it could skyrocket in popularity overnight. If, however, you run afoul of public opinion, you may find your company falls as fast as it grew. Startups, especially, may be at a disadvantage. They don't have dedicated PR firms behind them and have to develop unique ways to engage the public that get them noticed and ensure their relevance. For a discussion on some of the methods startups may not have considered, eight members of Young Entrepreneur Council share what they’d recommend to boost PR efforts and how these approaches can result in a better company image.

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Many professionals have been fired from positions in the past. Getting fired from a job can be embarrassing and anxiety-inducing, especially when you have to explain the reason why you were let go to a potential new employer. While some employers won't bother to broach the subject, others could view the termination as a questionable part of a candidate’s work history unless the issue is brought out into the open and discussed with transparency and honesty. So how should a candidate approach this topic? Below, eight professionals from Young Entrepreneur Council offer some advice about how to discuss your previous job loss so that you won't dissuade a potential new employer from hiring you.

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When you're a busy entrepreneur, there never seems to be enough time in a day. You likely have long lists of tasks that require your full attention, but little time to sit down and focus on them. This can be overwhelming and, in turn, send your productivity levels into a slump. It’s important to find the best ways to prioritize your time so you can accomplish everything you want to do. To help you find what works for you, a panel of Young Entrepreneur Council members shared their best time management and prioritization tips.

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If prompted, there's at least one employee that business owners can point to definitively and state that they are one of the most high-performing hires at the company. However, these high-performing employees sometimes go through issues that can put them off their game. For the company, this can impact performance and efficiency. The business must understand that the employee is still human, not a machine. Getting them back on their game will require a more individual approach. Below, eight contributors to Young Entrepreneur Council examine what a business owner can do to help their prized, high-performing employees get back in gear after a personal or professional struggle.

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Technological advancement offers us lots of tools that can make our lives easier as entrepreneurs. Mass communication, social media and the ability to connect are hallmarks of the 21st century. Even daily work is a lot simpler, thanks to products such as Slack or Github, which allow remote management of teams. More than anything else, constant connectivity ensures that everyone within the business can be "in the know" at all points in time. Even so, tech is such a wide-ranging field that it's easy for a business owner to be spoiled for choice. To help young entrepreneurs have a better grasp of what's going in the world of tech, eight associates of Young Entrepreneur Council share their best tech hacks for getting more done in their daily work life.

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The best leaders approach communication in a counterintuitive way. 

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Showing your team members that you care about them as people, not just as employees.

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Good leaders are open to feedback not only from those they work under, but also from those they lead.

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Invest in your team and be vulnerable rather than above it all.

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Building trust can be difficult in an online market, but having a friendly mascot as your brand representative can help your customers better connect to your business.