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Small businesses have boomed since the start of COVID-19, earning some entrepreneurs six figures. In fact, 33% of the small-business owners who used Gusto said they needed side hustles to keep their companies afloat. "The surge in side hustles is partly caused by new entrepreneurs who need to rely on additional sources of income to cover the businesses that they just started," Pardue said. Some of the most recognizable companies, such as Apple, Twitter, and Facebook, started as side projects and later became multibillion-dollar corporations. Insider spoke with entrepreneurs who earn almost six figures or more about their advice on building side hustles.

Persons: —, Luke Pardue, Pardue, Mark Stenberg, Weng Cheong Organizations: Apple, Twitter, Facebook, Service Locations: hustles

☆ 25 books management consultants from firms like McKinsey and Bain recommend for anyone who wants to make smarter business decisions
▼ + stars: | 2023-01-12 | by ( Weng Cheong | Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

Most of their skills are mastered through business school and rigorous training at elite firms. But there are some skills management consultants can learn and develop from books. Leading consulting firms like McKinsey & Company, Boston Consulting Group, and the Big Four account firms (which consists of Deloitte, KPMG, EY, and PwC) are known to be rather tight-lipped about their client work. Insider has compiled a list of books recommended by MBA graduates, business school professors, and consultants. Here are 25 books related to management consulting you should read.

☆ 14 signs that you work at a toxic company
▼ + stars: | 2023-01-06 | by ( Rebecca Knight | Weng Cheong | ) www.businessinsider.com time to read: +2 min

Working at a place with a toxic culture is bad for your job satisfaction — and your productivity. Insider has identified 14 warning signs that may indicate your workplace is toxic. On the other hand, working for an organization with a terrible work culture — one that's disrespectful, un-inclusive, unethical, cutthroat, and abusive — has the opposite effect. Research published by MIT's Sloan Management Review has found that a "toxic culture" is more than 10 times as predictive of attrition than insufficient pay. Here are 14 signs that your company isn't supporting you as much as they should.

Take a page from the super-wealthy and successful by reading the books they wrote. Insider compiled a list of 30 books to help you learn how billionaires found success. The list includes "Shoe Dog" by Nike's Phil Knight and "Onward" by ex-Starbucks CEO Howard Schultz. Whether they want to launch an empire or become the best in their field, there's no better resource than books by people they aspire to be. Whether you or someone you know has set a goal to become a billionaire in the next year, these 30 books can provide some insight and lessons to what it's like to be at the top.

☆ A former NFL player turned CEO shares the 2 strategies he uses to encourage workers to communicate when they're struggling with work-life balance
▼ + stars: | 2021-02-17 | by ( Weng Cheong | ) www.businessinsider.com time to read: +4 min

Mike Morini, a former NFL player and the CEO of HR tech company WorkForce Software, knows the importance of this first-hand. Under Morini's leadership, the company landed among the top 15 companies with the best work-life balance according to Comparably. But helping employees achieve work-life balance goes beyond company perks like discounted gym memberships and paid vacation days, Morini said. Be honest if you're struggling yourselfCreating work-life balance means modeling it yourself. And as a manager, sharing when you're struggling, or don't have all the answers, is key to fostering an environment where workers feel comfortable communicating.

☆ A former World Series champion shares the simple daily habit that helped him become more resilient
▼ + stars: | 2021-02-12 | by ( Weng Cheong | ) www.businessinsider.com time to read: +5 min

Todd Stottlemyre is a former baseball player who won two World Series and now is a motivational speaker. Stottlemyre shared how he coped with the loss of his 11-year-old brother, who died of leukemia. In 1993, when he won the World Series championship, he hit his lowest point. Invest in a journalDuring his coaching sessions with Dorfman, Stottlemyre said he was encouraged to capture his thoughts through journaling. This not allowed him to be more mindful about his well-being, but Stottlemyre said it also helped his career development.

☆ EY's innovation leader explains why all leaders should invest in learning and development — and the strategy the firm is using to upskill its 300,000 employees
▼ + stars: | 2021-02-10 | by ( Weng Cheong | ) www.businessinsider.com time to read: +5 min

EY employees are encouraged to acquire skills in design thinking and robotics, and a pursue an accredited MBA. This article is part of a series called "Leaders by Day," which takes a look at how prominent business leaders are tackling various challenges in today's economy. Business leaders have had to adapt to the current climate by making budget cuts, investing in data analytics and AI technologies, and building new partnerships with vendors. How EY is investing in training programsIn 2020, EY invested $450 million in employee training. "We owe it to our employees to provide them the best opportunities that will make them more competitive in this world," Wong said.

A resignation letter is one of the first steps in quitting your job. After talking to career experts, Business Insider has provided a sample of the exact format you should use in a resignation letter. Tim Vipond, CEO of Corporate Finance Institute, told Business Insider that a resignation letter is really just a formality after you've had a conversation with your manager. Similarly, job coach Lea McLeod previously told Business Insider that your letter doesn't need to be a summary of your entire employment history. Here's the exact format you should follow when writing a resignation letter to your boss.

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