Greetings Hennepin County business community. In this week’s newsletter, we invite you to read about the following topics:
- Advisors serve 462 of entrepreneurs in Q2
- Elevate Answers: Don't miss your vacations!
- Event Spotlight: 2024 Entrepreneur Expo
If you know someone who would benefit from the info covered in this week’s newsletter, please forward it to them.
In the second quarter of 2024, Elevate Hennepin advisors spent more than 4,000 hours working with business owners and entrepreneurs. In all, 462 people from across Hennepin County utilized Elevate consultants and came together for group-learning opportunities to take the next step in their business.
Since Elevate Hennepin began, that means advisors supported nearly 3,000 entrepreneurs with an incredible 35,668 hours of advising and counting.
Advisors worked across all manner of business disciplines from marketing to legal, and beyond one-on-one advising, entrepreneurs developed new skills for each stage of business in CEO Start, CEO Now, and CEO Next—the Elevate Hennepin CEO Growth Series.
With Elevate Hennepin support, 13 businesses were able to raise a total of $3.5 million in financing to start or expand their business in the second quarter. Eight businesses reporting creating 97 new jobs.
Explore the whole range of impacts and data from Q2 2024 below.
Taking breaks is an important part of being a successful business owner and preventing burnout. Here are three tips for making a vacation possible as an entrepreneur.
- In the weeks before your vacation, send a heads up to relevant connections and put your vacation dates in your email signature.
- Clearly delegate tasks that will require work while you’re away and leave room for necessary trainings or information sharing.
- Work with a strategic planning advisor at Elevate Hennepin to create effective systems before you go. Our advisors can help you choose a second-in-command, create crisis plans, and more.
Connect with our experienced strategic advisors today and get ready to schedule that vacation!
The Entrepreneur Expo connects micro-entrepreneurs and new business owners—especially those who are women, Black, Indigenous, people of color, immigrants, or LGBTQ+—with organizations dedicated to supporting their success.
Build your network, meet with organizations, and don't miss:
- Skill-building workshops on business formation, taxes, and financing
- Local and community-focused entrepreneur-serving exhibitors
- Free one-on-one business consultations
- Free professional headshots
In-person event, October 5, 9 a.m. – 1 p.m. Central Library, 300 Nicollet Mall, Minneapolis No-cost
Selling a business
Join business sales expert Peter Brehm from Elevate Hennepin education partner SCORE as they present critical factors you need to know prior selling your business.
Online event, September 18, 9 a.m. - 11 a.m. Register today
Social media strategy: Content and conversation
Assess your business or personal social media strategy and explore what social media tools to consider, when and how often to post, which content to share, and who can help create and extend conversations.
In-person event, September 21, 2 p.m. - 3 p.m. Register today
Tracking your business using spreadsheets
Are you struggling to keep track of your business data? Do you want to learn how to organize and analyze your data more efficiently? Join Elevate Hennepin education partner SCORE to develop a plan to track your business better.
Online event, September 24, 9 a.m. - 10 a.m. Register today
Business plan basics
A business plan is an important document for any organization. Whether you are launching a start-up or growing an established brand you should have a plan in place. Join Elevate Hennepin advisor MB Mentors to understand the essentials.
Online event, September 27, 9 a.m. - 10 a.m. Register today
Thanks for following along with us! If you know someone who could use any of the resources above, please forward this newsletter or tell them to sign up!
We’ll be back in your inbox in a couple weeks. Until then, you can follow us on LinkedIn, Facebook, and Instagram! Be a part of our online community by sharing your #ElevateHennepin stories and tagging @ElevateHennepin in your posts.
Have a great week!
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