by Stephanie Mireku, Content Writer at RIBBA
With the start of a new calendar year, often comes an impetus to begin again, to renew, and to reassess priorities and goals. Similarly, with a new season and often coinciding with the beginning of a new academic year, some of these same sentiments come to the surface. As students consider new ways to innovate and maximize learning, business owners can see these times as opportunities to do the same and more. As priorities, opportunities, and trends continue to develop and shift, it is imperative for businesses to consider how they can pioneer, pivot, and lead. It is particularly important for business owned by BIPOC (Black, Indigenous, and People of Color) entrepreneurs, to consider these opportunities to differentiate and advance their business trajectories to mitigate the challenges presented in our increasingly complex marketplace. Here are a few ways that businesses can accomplish this:
1. Participate in training to achieve and enhance new levels of skills and talents
2. Attend events and/or develop an outreach strategy to expand your professional network and customer base
3. Apply for funding opportunities to support new initiatives and provide continuity for existing programs
4. Consider increasing capacity and reach by pursuing opportunities for operational support (e.g. internships, exchanges, apprenticeships, consulting, assessment, and partnerships)
5. Research best practices and potential opportunities for growth and expansion within your field of interest