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Building a culture of trust can be a challenge for remote teams, but it is essential for the success of remote companies.

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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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Remote work has gained a lot of popularity since the start of the Covid-19 pandemic. When most businesses were forced to adapt to remote work as the world went on lockdown, business owners, leaders and employees alike started to understand the benefits that remote work has to offer, with better work-life balance topping the list. But while there are many upsides to running a remote workforce, there are several issues that entrepreneurs and business owners may encounter when trying to build a totally remote company. Here, nine members of Young Entrepreneur Council discuss the potential solutions to those issues and why they’ll help set you up for success.

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Over the past year, there have been many changes in the world of marketing. As technology continues to advance and businesses find new ways to be creative with the way they promote their products and services, other companies are faced with the choice to keep up or fall behind. Throughout 2021, entrepreneurs have learned some important lessons about how to market themselves. Below, eight members of Young Entrepreneur Council each share the best marketing lesson they learned last year and discuss how this lesson will impact their approach to marketing moving forward.

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High turnover rates are a tell-tale sign that something is wrong within your business. Whether the turnover rate is in a specific department or company-wide, it’s important for business leaders to address the issues that are occurring to prevent any further issues.  Not addressing a high turnover rate can be problematic for a business and will likely lead to an unsuccessful team, a bad reputation, and low company morale. To help leaders better understand what’s happening, 10 Young Entrepreneur Council members recommended some steps a business leader should take to investigate what is going on in the company and solve the root issue.

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Holiday shopping can be a stressful time for many people. Customers are worried about items being in stock, finding the perfect gift and avoiding long lines when searching for help or checking out. Given the nature of the holidays, customers may be more anxious or demanding than usual. It’s important for leaders, therefore, to properly train employees to handle the expectations of holiday shoppers to keep them happy. To help, eight Young Entrepreneur Council members shared their best tips for customer service professionals working this holiday season.