The Pandemic is Motivating 96% of New Entrepreneurs this Year | Weekly Resources

Weekly Resources: The Pandemic is Motivating 96% of New Entrepreneurs so far this year

Sometimes things out of our control prove to be the best motivators. For some people, circumstances during this crazy year of COVID-19 have been just the push they’ve needed to start a new business or a side business.

Learn more about these interesting statistics on new entrepreneurs and then check out some other helpful resources from the week.

Click on each title to see the article.

(1) The Pandemic is Motivating 96% of New Entrepreneurs in 2020

Small Business Trends

Have you started a business, side hustle, or contracting work during the pandemic? If yes, then you’re not alone.

And if you’re considering becoming your own boss, then learn more about what’s happening with new entrepreneurs.

Some interesting stats on new Entrepreneurs during the pandemic:

  • 96% of new entrepreneurs say the pandemic is motivating or giving them the motivation to start their own business
  • 50% of the survey participants said they had more time to get their venture going during the pandemic
  • 96% of small business owners say they intend to keep their business going, even as the economy improves

Maybe you never planned on becoming a business owner or freelancer. But this could be a great time to consider it!

I can speak from personal experience that circumstances beyond our control (the dot . com bust in the late 90’s) was what pushed us into starting our business.

Five years earlier, I never would have thought that would be the direction we went and it’s been almost 20 years now that we’ve been doing our own thing!

If you have questions about starting something of your own, reach out and I’ll be happy to answer any questions 🙂

(2) The Top Facebook Updates You Need to Know: August 2020

Hootsuite

The Hootsuite blog does a great job of highlighting top updates on Facebook each month, which is very helpful because it’s a challenge to keep up!

August updates include:

  • Online Events: businesses can host online events and even make money in the process
  • Facebook Messenger is taking over Instagram’s Direct messages
  • Redesigned Facebook Ad Preferences rolling out
(3) Why Collecting Customer Preferences Is Critical for Marketing Success

Short Stack

This is an interesting post with a variety of ideas for getting customer feedback. Four ideas explained here (with examples) are:

  • Surveys
  • Interactive Experiences
  • Multi-step Forms
  • Automated Communication
   (4) 4 Ways You Can Expand Your Online Influence While Working From Home

Forbes

Get some helpful tips on building your personal brand and influence while working from home.

(5) Twitter Officially Launches New ‘Quote Tweets’ Count on Main Tweet Display 

Social Media Today

Twitter will start showing users a count for “quote Tweets” – when someone shares your tweet with a comment.

Weekly Inspiration:

“For success, attitude is equally as important as ability.” 

Harry F. Banks

 

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