Business

6 Tech Skills Every Entrepreneur Should Learn

Being an entrepreneur is an exciting idea for most. Still, it’s not easy to succeed in a world full of people striving to build small businesses and multiple income streams for themselves. 

Fortunately, having the right tech skills can make the task easier.

In this article, we’ve compiled a list of tech skills that will help you establish and manage a successful business.

Must-Have Tech Skills for Entrepreneurs

Data Analytics

One of the best things about integrating technology in your business is that it gives you access to valuable information that you can benefit from. This process is known as data analytics.

Data analytics is more than just a buzzword. It can help you gain better insight into consumer behavior, understand your target audience, and make more informed decisions as an entrepreneur.

When you know how to analyze valuable data and use different analytic tools, you’ll be able to create powerful campaigns and convert website traffic into potential leads. 

Coding

Photo by Florian Olivo on Unsplash

Nowadays, almost all business dealings and general business practices involve computers. Unfortunately, the computer doesn’t understand our language. But, we can always learn its language i.e. coding.

It wouldn’t be wrong to say that coding is one of the most important technical skills. Entrepreneurs – and everyone looking to succeed – should learn basic coding, irrespective of the field they belong to. 

Knowing how to code can help you create solutions tailored to meet your business’s requirements. It helps in dealing with problems that are specific to your business and strengthens your analytical and problem-solving skills. 

Using The Cloud

In today’s world, the best way to store, protect, and share your valuable business data is to upload it on the Cloud. 

The ability to store all valuable data in a space that can be accessed from anywhere in the world doesn’t only help in mobilizing your business and collaborating with your team more efficiently, but also assists in managing large amounts of data easily and securely. 

Whether you prefer Google Drive, Dropbox, or Salesforce, it’s best to familiarize yourself with multiple Cloud systems so you and your team can take full advantage of them.

Graphic Design

In a world where advertising and social media play a rampant role in a business’s success, learning graphic designing is a must for every entrepreneur with a low marketing budget.

Graphic designing gives you the opportunity to breathe life into your ideas and creativity. Although words are considered the primary mode of communication, the impact visuals can have on a consumer is much more powerful.

The best part? Learning graphic design isn’t a difficult task. You can enroll in short courses on Coursera or Udemy, or watch videos on YouTube to learn basic graphic design. It’s certainly an investment that’ll pay off in the long term.

Data Entry

Although very taxing, data entry is an extremely important skill to have. You can employ people for this task later on, but in the beginning, you’ll probably have to take care of it yourself.

Every aspect of business, including payroll, inventory management, and customer data management involves data entry. Learning how to efficiently and swiftly enter large amounts of data, and managing your databases is one of the keys to success if handled properly.

The primary tool for data entry is spreadsheets and software like Quickbooks. Learning how to manage, edit and create spreadsheets isn’t only vital but lifesaving in some situations. 

Web Development

So far, we’ve spoken about the importance of graphics, coding, data management, and information sharing. The culmination of these skills and where they are displayed is your business’s website.

A website doesn’t just introduce your business to your target audience, but it’s also space from where you sell your products or services. 

It’s not necessary for you to know how to build highly advanced websites, but a general understanding of how websites operate, and how to edit, create and manage simple web pages, how to plug images, banners and operate web links can go a long way. 

Social Media Marketing

Now, this comes more under the digital marketing banner, but it’s also a technical skill. If you plan on advertising your business on social media, you should know how to promote it the right way.

Almost everyone knows how to use social media in today’s world, but only a few people know how to use it as a marketing platform. There are many things involved, and learning the process help you maximize your ROI and scale your business. 

You can learn proper social media management and marketing through YouTube videos or the Hubspot blog. It’s important to note that social media keeps evolving, so you should keep yourself updated with the latest trends and updates.

Photo by Nathan Dumlao on Unsplash

How many of these skills have you acquired or are planning to do so? Let us know in the comments below!

Areeba Khan