5 Apps Every Entrepreneur Should Bookmark in 2020
Being a successful entrepreneur is both an art and a science. It takes a combination of dedication and perseverance, as well as strategy and skills. Regardless of your industry or whether you're new or seasoned, having the right tools on hand can directly impact your entrepreneurial success.
Fortunately, cloud technology and the intimate integration that smartphones have in the modern lifestyle make it easy to procure and utilize business tools. Here are five apps that every entrepreneur should bookmark in 2020 to enhance their business.
Financial management is often an area that causes difficulty for entrepreneurs. In many cases, personal and business finances are tied up together during the early days. For some entrepreneurs, it's hard to find the point of separation and get finances in order.
Startups are also subject to some financial instability over time. While this is common, it can have a resonating impact. The financial decisions made today can have impacts on the business's credit score that can create new challenges down the road.
Disputebee is an application for monitoring and improving credit scores. It creates a streamlined system to check your credit score and dispute items that are affecting it negatively. For example, it can outline any entry errors and tell you how to remove hard inquiry unauthorized credit checks. While it takes time to correct a credit score, this tool can automate the process and keep things organized so that you can track the progress.
Why is this a must-have tool? Your business credit score has the potential to impact your ability to secure future loans or attract investors as you scale and grow your business.
Online reviews are an invaluable asset in the modern business atmosphere. Approximately 84% of people trust online reviews when making a purchasing decision. If your business has negative reviews, the less likely they are to use your services or purchase your products.
Your business reviews also directly impact how people find your business online. Businesses with reviews (especially positive ones) are ranked higher by Google, Amazon, and Facebook algorithms. As such, requesting customer reviews has become a common part of a marketing strategy.
RepCheckup is a tool that helps you capture and monitor online reviews. This app automates the review request process, sending automated emails or SMS to ask customers to leave a review. It also creates a centralized platform on which to track your reviews from the various channels, getting the feedback you need to drive more sales.
What do you, Warren Buffet, Bill Gates, and Elon Musk have in common? You all have 24 hours in a day. Its how you use them that makes all the difference. Sometimes it's hard to remember during the early days that many other entrepreneurs struggled before reaching their goals as well.
When you're surrounded by technology, it's easy to lose track of time and fall victim to distractions. While it may seem like you've only spent a few minutes here and there scrolling on Instagram or catching up in your group chat, that time adds up.
RescueTime is an app that audits your time and tells you more about what you're doing on your smart device. It can also be synced with your desktop computer for a more accurate overall picture. From there, the RescueTime app categorizes your activity based on productivity.
Why do you need this app? Having your productivity analyzed and laid out for you in black and white can be incredibly eye-opening. Use this app to focus and stay on track to get the most of your workday.
As an entrepreneur, tracking hours spent on a project can be an ironically time-consuming process. If you have multiple clients on the go and hop back and forth between projects as you hit sticking points or emergencies arise, tracking can be a nightmare.
Even if you charge a flat rate by project, you should still dedicate yourself to tracking how much time you spend on various tasks. This can help you identify and eliminate scope creep and adjust your rates for future projects.
Toggl is an app that makes project time tracking a breeze. If you have a remote team, it also allows you to sync up and track what sites they're visiting and how much time is spent on each project. Toggl often gets grouped in with RescueTime in comparison. While they have some overlap, the core functionality is quite different. Toggl is built to be able to bill clients, while RescueTime is more about self-awareness.
One of the key drivers of success among entrepreneurs is the openness to learning from others. Continuous learning and adaptation are what sets the great entrepreneurs apart from the rest of the pack. For example, reading a great article by an industry leader is a fantastic way to evolve as a business owner.
Unfortunately, there isn't always time to read what you stumble upon online. Enter Pocket, an app that lets you save links and articles for later without worrying about bookmarking. From there, you can turn those valuable insights into action items that drive your business forward. Set reminders, save items for offline, and send these treasures to your team with the click of a button.
With these five apps, you can take your business to new levels of success.