Learn how to run a company with 12 resources that helped these entrepreneurs


When you were a new business owner, what was one resource that you found incredibly helpful in teaching you or guiding you on how to run your company? Why would you recommend it to others?

Business woman learning

These answers are provided by the Young Entrepreneurs Council (YEC), an invitation-only organization of the world’s most successful young entrepreneurs. YEC members represent nearly every industry, generate billions of dollars in revenue each year, and create tens of thousands of jobs. Learn more at yec.co.

1. Industry experts

Interviewing experts on my YouTube channel in 2007-2008, when vlogs weren’t popular and podcasts didn’t even exist, was the cheapest and most effective way to find some great experts. I still recommend this: start a podcast or channel and start interviewing people you admire to pick their brains. Be resourceful rather than guarding wealth.

– Devesh Dwivedi, Devesh Dwivedi

2. Online education platforms

Online education platforms like Udemy are great resources for entrepreneurs. From establishing your brand to expanding your business with the latest technology and software, they are rich in information. They can help you develop strategies that fit your property and budget and monitor trends to stay ahead of the competition.

– Bryce Wecker, Big 4 accounting firms

3. Business books

I am big on books and I encourage any new or aspiring entrepreneur to practice reading books for success. One of the best influences on my approach to running a business through results-oriented leadership is Power, for All. It shows how to powerfully organize a workplace and work with individuals to affect real change in a work setting – very useful for exploring group dynamics.

– Tonika Bruce, Lead Beautiful, Inc.

4. HubSpot

HubSpot is an invaluable resource for business owners (experienced and new). It has articles and free tools to help you learn about marketing and good business practices. You can also take online marketing courses that teach the basics beyond digital marketing, sales, SEO and other important topics.

– Kalin Kasabov, Protecting

Attend a networking event
Photo credit: Universitat Salzburg / Flickr

5. My personal network

The best resource you need to work with is your network. Talk to people. Have a chat and see how they handle things. Trust in relationships helps you grow and learn.

– Zane Stevens, Proteo Financial

6. Small business management

I found the Small Business Administration (SBA) incredibly helpful when I was just starting my business. It has many resources and information to help entrepreneurs understand the basics of starting and running a business. That information includes business planning, finance, marketing and sales, taxes and more. They have many free services and training programs. I highly recommend it.

– Thomas Griffin, OptinMonster

7. Point

SCORE is a non-profit organization that provides free business advice and education to small business owners. I highly recommend this to budding entrepreneurs. It is made up of a network of volunteer business professionals who offer one-on-one mentoring as well as workshops and seminars on various business topics. SCORE Consultants have extensive business experience.

– Kelly Richardson, InfoBranch

8. LinkedIn

When I started my career, I spent a lot of time on LinkedIn. There are many helpful people and resources on this forum. Create (or access) your account and connect with people and successful leaders in your industry. By browsing LinkedIn for an hour or two every day, you can find tons of practical advice and knowledge.

– John Turner, SeedProd LLC

Founders in a startup incubator
Photo credit: Aaron Hockley / Flickr

9. Incubator

We joined an incubator program which helped us tremendously. They had office equipment that we could use until we raised enough money to invest in our own. They had counselors and educational programs. Incubators connect you with loans, grants and other available funding. They teach you about marketing, obtaining government contracts, and developing a business plan.

– Baruch Labunsky, Level Safe

10. Personal advisor

I was able to benefit from learning from a personal mentor. For those who have the option, I still believe it provides one of the best foundations you could hope for in business. If you don’t know someone who can act as a mentor, I recommend forming a partnership or hiring a secondment officer who can provide the years of experience you need to truly understand the market.

– Matt Doyle, Excel Builders

11. Podcasts

I listened to a lot of podcasts on running agencies and being an entrepreneur. While this was not a formal training, the interviews and content were completely free, and the speakers shared lessons learned from mistakes that informed my business plan. Think outside the box when it comes to training and discover all the amazing free content out there!

– Matthew Kapala, Letters

12. Related societies and organizations

My business is built on the WordPress core software, so I find it valuable to be a part of WordPress communities and organizations. I suggest identifying your niche and industry and joining groups, networks, and nonprofits in that area. You will connect with your peers, get information about industry events and learn a lot from relevant sources.

– Blair Williams, Member Pres





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