3 Tools Every Young Entrepreneur Should Have in Their Toolkit
It Takes a Lot to Be an Entrepreneur… Tools Like Time Clock Software and Cloud Storage Can Help
3 Tools Every Young Entrepreneur Should Have in Their Toolkit
Entrepreneurs today face a unique and ever-changing set of challenges, and young people with dreams of owning their own companies need to be prepared to meet them. Luckily even though the challenges entrepreneurs face are always evolving, so are the technologies and tools that entrepreneurs can use to stay ahead of the curve.
If you’re looking forward to a bright future with an entrepreneurial flair, there are a few essential tools you should be familiar with. Every aspiring entrepreneur should have these in their arsenal:
- A time clock software that can meet the needs of modern companies
- A cloud storage software with plenty of organization, sharing, and security features
- A way to stay connected with your network of peers, mentors, and mentees
Whether you’re scheduling employees for shifts or tracking how much time they spend on a certain task, every young entrepreneur should have a good time clock software in their toolkit.
1. Time Clock Software
Depending on the type of business you hope to launch, you may or may not have time clock software on your radar. However whether you plan to start a restaurant or a digital marketing team scattered across the country, the right time clock software can make a big difference for your team.
Time clock software isn’t as clunky as it used to be– the best time clock software options include features like:
- Duration tracking to help employees keep tabs on how much time they spend working on individual tasks or with particular clients
- Integration with QuickBooks and other key software
- Smartphone apps that make creating and changing schedules (or on the employee end, viewing schedules) a breeze
Cloud storage makes it easier than ever to share files and collaborate, making it essential to many entrepreneurs.
2. Cloud Storage Solution
It’s no secret that cloud storage is quickly becoming the default option for storing files and collaborating with team members. Cloud storage options make it possible for you to keep all of your files in one place and protect you from losing essential files– whether they are business plans, budget spreadsheets, or training resources– in the event that your local device crashes.
Building a business is all about who you know. Stay connected to your network with professional social media.
3. Professional Social Media
You may have heard a public speaker or mentor say something to the effect of: “People are a company’s greatest asset.” There’s a reason for that. It’s true! Your professional network is an invaluable tool when it comes to growing your business. Make sure you have a professional social media presence that makes it easy for you to keep in touch with peers, mentors, mentees, and clients.
Having the right tools is the first step towards becoming a successful entrepreneur.
Business is a game that’s always changing, and having the right tools can help young entrepreneurs be successful as they set off on their entrepreneurial ventures. Do you have these tools in your toolkit? Let us know in the comments below!
As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).
Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.
Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.
We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.
Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community
Mission Statement:
- Provide bespoke management and business planning consultancy
- To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
- To inspire, empower and champion entrepreneurship in the global online community.
Business Goals and Objective
- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better
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Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
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Nwankwo Joshua
I couldn’t Agree More on the cloud storage one, I remembered the last blog I created, I gave it all with excitement for a good return, but one day I just woke up, to my amazement my website hosting has lost its data and it really devastated me.
Having a Cloud Backup is a *Must* for every entrepreneur, its a must, in fact, it should one in the ten commandments of modern entreprenurship
Jaclyn
This is a great article full of great tips! All this technology is making it more efficient to run a business! Thanks for the advice!