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What Will Happen In 2021? Here’s What People In 1921 Predicted.


6 min read


Are you excited for 2021? The people of 1921 sure were!

As we enter this , full of hope and trepidation and the scars of 2020, I thought it would be helpful to see what people from a full century ago envisioned for us. They’d recently survived World War I and the Spanish Flu of 1918, and they were witnessing a technological revolution. Electricity, commercial aviation, radio, and many other innovations were new. How, they wondered, would these things transform their world?

To find out, I searched for the phrase “the year 2021” in the newspapers of 1921. Articles of the day were full of predictions—some right, and some very wrong.

The mistakes are intriguing, of course. (For example, the Evening News of Harrisburg, PA, predicted that Mexico will be “a greater power than any in Europe.”) But I prefer the correct predictions. The people of 1921 imagined fanciful conveniences that today we take for granted—like controlling the in our homes, cooking more easily, and flying around the world. These were fantasies of theirs! And they’re our reality.

It should make us think: For all the real hardships we face, we are also living in someone else’s dream world… and we now get to build towards our own future dreams.

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How To Implement Diversity and Inclusion in Your Business


6 min read

Opinions expressed by Entrepreneur contributors are their own.


In many ways, the Civil Rights Act of 1964 launched the current workplace equality movement. In addition to granting protection to those who might otherwise be discriminated against, it also introduced the opportunity for lawmakers to become allies.

An ally is someone who is typically not a member of a mistreated or marginalized group but who expresses or gives support to that group in the ongoing effort to effect change. Allies need only have an open mind and a compassionate heart. 

Historically, allies have assisted movements generated by marginalized groups because of the access and privilege they have that some oppressed groups may not have due to the societal, political, or legal status quo of their time. The lawmakers who passed the landmark Civil Rights Act of 1964 were some of the original allies. The 88th Congress included 14 women and five black men, out of the total of 535 lawmakers. The remaining 516 congressmen were just that, white men.

Related: How Brands Can Go From Performative Allyship to Actual Allies

The fact that the law was passed with votes from only 4% of those it served to protect, leads to the conclusion that many allies were involved in the passing of this landmark employment

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SBA Adds 20 More Women’s Business Centers Across the USA


Earlier this week, (January 4, 2021), the  U.S. Small Business Administration announced the launch of 20 new Women’s Business Centers (WBC) across America.

  • The WBCs will be hosted in rural and underserved markets
  • The expansion will widen the footprint and partnership with Historically Black Colleges and Universities (HBCUs).
  • The opening of the 20 new WBCs is the largest expansion of WBCs 30-year history

“Over the past several months, we have seen Women’s Business Centers provide aid to our nation’s innovative and determined entrepreneurs, allowing countless small business owners to pivot with confidence to stay afloat during the pandemic,” said SBA Administrator Jovita Carranza. “Adding these new Women’s Business Centers to the already existing network of centers across America will boost timely resources to our nation’s female economic drivers, providing them with local training and counseling.”

The SBA WBCs is a national network of 136 centers that offers one-on-one counseling, training, networking, workshops, technical assistance, and mentoring to women entrepreneurs on numerous business development topics, including business startup, financial management, marketing, and procurement. 

The 20 new WBCs began opening on January 1, 2021, in the following states:

Alabama
Regional Economic Assistance for Communicating Hope (REACH) Catalyst Women’s Business Center – Clanton, Alabama

Arizona
Chicanos Pro La Causa, Inc. (CPLC’s) Women’s Business Center – Phoenix, Arizona

California

  • El Pajaro Regional Women’s Business
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5 Things I Wish I Knew Before Starting a Dropshipping Business


7 min read

Opinions expressed by Entrepreneur contributors are their own.


Trial and error are an inevitable part of doing . As entrepreneurs, we find that mistakes are sometimes needed to produce breakthroughs. As the ancient Chinese proverb says about learning from our mistakes, “Failure is the mother of success.”

Indeed, there is no replacement for hands-on experience when dealing with real-world problems while running our own businesses. Some missteps may be unavoidable, but you can save yourself from costly mistakes and years of wasted time by learning from these lessons that I learned the hard way.

Related: 4 Actionable Tips To Start Your eCommerce Journey via Dropshipping

With the clarity of 20/20 hindsight, here are five things I wish I knew before starting a dropshipping business:

1. Put emphasis on product quality

If I could go back to the time when I first started dropshipping, I would have told my younger self to put product quality above everything else.

I wish I knew I shouldn’t trust product quality without seeing the product itself.

A lot of dropshippers source their products from AliExpress and , which are great platforms. However, don’t do what I did, which was choosing the supplier with the cheapest prices.

That was a big mistake, because suppliers would compromise product quality

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Covid Relief Gives You Something to Whet Your Appetite


7 min read

Opinions expressed by Entrepreneur contributors are their own.


Now that President Trump signed the new Covid relief bill during the holiday break, it’s not surprising to see that everyone is focused on the provisions for the , unemployment benefits and stimulus checks. However, it’s important to take notice of a hidden gem in the 5,500-page legislation that will undoubtedly help every owner in , no matter what their situation may be.

That little gem is the dining write-off, otherwise known as the business-meals deduction.

Yes, had countless problems to solve due to the pandemic, but one that was obvious to everyone was the severely impacted, if not decimated, industry. So politicians, in their infinite wisdom, decided that the best way to get more business for restaurants was to dish out a bigger incentive for business owners to dine in or order out. Or in other words, a tax deduction — and a whopper at that.

Thus, the has directed the to allow for a 100% dining write-off for business owners when ordering from restaurants for tax years 2021 and 2022. 

On the face of it, the provision sounds pretty straightforward, but there’s actually a lot to chew on….

Related: New Stimulus Bill

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Make Money in the Stock Market By Identifying the Best Stocks to Invest In

Here are some top factors to consider when building your portfolio.

Free Book Preview Money-Smart Solopreneur

This book gives you the essential guide for easy-to-follow tips and strategies to create more financial success.


4 min read

Opinions expressed by Entrepreneur contributors are their own.


Trading on the stock market is something that many of us would like to try. Yet, there’s an air of mystery and intrigue about it, as if there’s some dark art involved. The truth is that while there is a lot to consider if you want to succeed in investing in stocks, there are some simple rules to study that even the major players follow. Even if a diversified portfolio is recommended for minimizing risks, particularly if you’re starting off with stocks, the best way to secure benefits is to look for quality rather than quantity.

Good stock investments are based on timing and stock selection. In this article, we focus on the latter, although it is important to mention that long-terms investments on average are more profitable compared to short ones. Expert investors such as Warren Buffet advise to keep stocks for a minimum of five years, and if you don’t have any immediate need for cash, possibly never sell them. Never be impacted by what the market is offering, and

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