Key Takeaways
  • This holiday season, think about giving an entrepreneur a gift that will help their business grow.
  • For entrepreneurs to best utilize a gift, it must be relevant and timely to their current venture.
  • There is no limit to what you can give an entrepreneur. There are options to give physical or digital products depending on what the person may want and need.
Are you ready to make some real money moves?

When you think of gift-giving, you probably think of giving things to family and friends to make them happy in their personal lives. But depending on who you’re buying for, you may want to think about giving an entrepreneur a gift too.

 

This holiday season, think about giving an entrepreneur a gift that will help their business expand. That doesn’t mean that the entrepreneur in your life wants a handout. What most really want is the means to grow their business.

 

Why Entrepreneurs Deserve and Need Gifts that Expand Their Business 

 

If you’re not an entrepreneur, it can be hard to wrap your mind around the way entrepreneurs think. When most people are counting down the hours until their shift ends or “living for the weekend,” many entrepreneurs enjoy working for themselves.

 

Image Credit: Jacob Lund / Shutterstock.com

 

While the average person might want a new toy or gadget for Christmas, entrepreneurs will find just as much joy from something that will help build their business. 

 

The bottom line for numerous entrepreneurs is making a viable income stream. If you buy one of the gifts listed below for a special entrepreneur in your life, you can help advance their financial business goals. 

 

These gifts are a wide range of things that will help entrepreneurs in various places in their journey. Make sure you choose a gift that applies to your recipient.

 

1. Business or Online Financial Courses

 

Most entrepreneurs crave learning more about improving all facets of their business. Whether it’s becoming a better leader, making the best product for the market, or learning how to make multiple income streams. An entrepreneur may not tell you about the learning process, but they are always trying to discover the next thing that will give their business the edge it needs to grow. 

 

Business or online financial courses come into play to help guide an entrepreneur’s learning process. There is probably an online course that your entrepreneur recipient has been eyeing but just hasn’t pulled the trigger to buy it yet. 

 

Gifting them a “coupon” in the form of cash or a check to allow them to purchase that course is a very worthwhile gift. As a result, an entrepreneur’s business could grow as they implement what they learn.

 

Recommended Read: 5 Resources To Help Build Your Business

 

2. Licensing Fee or Start-Up Fee 

 

Starting a business is an incredibly difficult proposition, and it isn’t cheap. Before an entrepreneur can dive headfirst in building their business, they need to pay fees for licensing and permitting. 

 

As a business owner, it’s necessary to buy the proper equipment to run the business along with other startup costs, including renting space, hiring an employee, or paying a business structure fee. One of the most common business structure fees pertains to a Limited Liability Corporation (LLC) fee. 

 

In other words, starting a business costs money. If an entrepreneur is starting a business and the holidays come around, the last thing they want to do is buy gifts and receive trifles. They want capital to keep their business going, or investments to pay for their startup costs. Every penny towards their venture will help in the long run.

 

Image Credit: Jelena Zelen / Shutterstock.com

 

3. Content Creation Subscription 

 

Consider purchasing your favorite entrepreneur a subscription that could help with marketing content on social media. This can include anything that will help them grow their brand through content like software for design, video editing, and AI-generated articles.

 

Image Credit: SeventyFour / Shutterstock.com

 

Talk to your favorite entrepreneur about content creation software they might need. This will quickly expand their brand and increase customer contact, which is what every business needs to grow.

 

Recommended Read: Social Media or Not: Different Ways to Promote Your Business

 

4. Wholesale/Vendor List 

 

If the entrepreneur in your life is running an online business, including an e-commerce site or retail store, they have to purchase their selling items in advance. By purchasing a drop shipment, wholesaler, or vendor list for your favorite entrepreneur, you can help expand their product base.

 

This list is crucial in helping entrepreneurs know where to purchase the goods they need to sell. Purchasing a list helps them weed through the hundreds or even thousands of options available to find vetted and established wholesalers/vendors to work with.

 

Recommended Read: Seven Ways to Advance Your Side Hustle

 

5. Business Books 

 

Entrepreneurs are always looking for ways to grow their businesses, and having knowledge around certain areas is the best way to help. Because of this, most entrepreneurs consume a lot of books—even if they don’t like to read. So buying the book that has been on your favorite entrepreneur’s mind can be a great way to help them to flourish as a business owner.

 

It can also be incredibly easy to find out what book they are currently interested in by just talking to them. Each book gives the entrepreneur another stone in their business’s foundation. Having that advantage will often allow the entrepreneur to grow their business faster.

 

6. Card Reader or Other Equipment 

 

If you really can’t wrap your mind around any of these gift ideas, then maybe you can contribute in some small way by purchasing the equipment they will need to run a successful business. For example, a card reader is easy to buy because most businesses need it.

 

Image Credit: Dragon Images / Shutterstock.com

 

Find out what equipment they need to get started and go from there. Buying a piece of equipment is a nice physical gift that also shows your support for them. Naturally, this benefits them because they need less capital to get started.

 

7. CRM (Client Relationship Management) 

 

Every business has clients. Having a system to manage those clients, a CRM, is a tremendous help to any entrepreneur. In fact, without a CRM, businesses become easily disorganized. A disorganized business is much less likely to meet customer needs and therefore more likely to fail. 

 

If you want to contribute something super meaningful that your entrepreneur may have overlooked or ignored because they don’t need it to get started, do them a favor and buy a CRM.

 

Regardless of what you purchase for your loved one, they will appreciate you thinking of their business and appreciate the support.

 

What are some ways you've supported an entrepreneur in the holiday season?

 

Main image credit: Drazen Zigic / Shutterstock.com

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