Entrepreneur; Published By: Carolyn Rodz
How can we all ensure that Black small business owners thrive and grow year-round?
That’s the question at the heart of Hello Alice’s latest survey of more than 3,000 Black small business owners on our platform. Published in partnership with Mastercard and the NAACP, the results help identify the unique obstacles challenging Black owners’ growth and specific solutions that can help them reach their full potential.
1. Streamline operations through easy wins
Decision paralysis, or the inability to decide out of fear of making the wrong choice, is too real for entrepreneurs whose dreams and livelihoods feel at stake with every decision. Whenever I face a big, complex challenge, I ask myself a simple question: What can I do to make progress right now? As a small business with limited resources, that typically means creating a scrappy experiment that requires as little new money, time and human resources as possible. Tackling the low-hanging fruit helps clear the noise, arms my team with learnings, and re-focuses our attention on more important goals down the road. Read more
