Helping Entrepreneurs and Businesses Grow and Succeed
4 Reasons Why You Need To Focus On Innovation

Picture Source: inc.com

Each day, innovators in the business world create new products, methods, and ideas. They manage to look at problems differently and come up with solutions others cannot, and they provide an endless stream of value to their companies. In Fact, innovation just might be the most important component of a successful company.

Here are the 4 reasons to innovate:

1. Grow in Leaps and Bounds
2. Stand Out from Competitors
3. Meet Customer Needs
4. Attract the Best Talent

Did You Know: EQ Can Help You be a More Effective Leader?

picture source: inc.com


A person's Emotional Intelligence Quotient (EQ) describes the ability to recognize emotions, understand their powerful effects, and use that data to guide thinking and behavior. A high EQ leads to better understanding of yourself and others, and therefore to successful working relationships. 

Actions you can take to increase your EQ include:

1. Reflect on your own emotions.
2. Ask others for perspective.
3. Explore the "why."
4. When criticized, ask "What can I learn?"
5. Practice, practice, practice.


Also learn how by signing up for
Foundations of Frontline Leadership
February 28, 2018
3 Digital Marketing Challenges for 2018 (and How to Overcome Them)
Picture Source: bizjournals.com

Digital marketing has become an important area, if not the primary area of focus, for most
small-business leaders. But as the digital landscape continues to evolve, so do the challenges.

Here are 3 digital marketing challenges and
how to overcome them:

1. Defining Success
2. Working with a limited budget
3. Finding enough time


This Week's IRS Tip

What Business Taxes do You Need to Know About?

Tax season has begun and if you are new to owning your own business or are not sure what type of taxes apply to you, check out this page from the IRS. You can determine where you land this tax season.

Upcoming Workshops
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1/25/18 | 9am-12pm

1/30/18 | 2pm-4pm

1/31/18 | 9am-11am

2/7/18 | 9am-12pm

2/7/18 | 1pm-4pm

2/14/18 | 9am-12pm

2/14/18 | 1pm-4pm

2/15/18 | 9am-12pm

2/15/18 | 1pm-4pm

2/20/18 | 9am-4pm

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Did You Know? 

Picture Source: google.com

The red and white Coca-Cola logo is recognized by 94% of the world's population.

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Contact Us
UMD Center for Economic Development
218-726-7298  www.ced.d.umn.edu  | [email protected]
11 E. Superior Street Suite 210 | Duluth, MN 
Additional Locations

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Funded in part through a Cooperative Agreement with the U.S. Small Business Administration, Minnesota Department of Employment and Economic Development and regional support partners. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the program sponsors. Programs are open to the public on a nondiscriminatory basis. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact the UMD Center for Economic Development at 218-726-7298 to make arrangements.
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