How Mobile Technology Has Made Being an Entrepreneur EasierBy Hailey Robinson on August 22nd, 2014 /
Entrepreneurs always have to take risks. That’s the nature of the work. Mobile technology, however, has made it easier for entrepreneurs to manage their work.
If you want to make the most of your entrepreneurial journey, consider how you might benefit from the following technology.
#1: Mobile Credit Card Payments
Taking credit card payments outside of a store was next to impossible until smartphone technology made mobile credit card swipers available. Just a decade ago, entrepreneurs selling items away from the storefront had to use clunky machines to capture credit card numbers. Then, they had to authorize the transactions manually with the credit card company.
It was so difficult that many small business owners decided they’d rather just take cash or checks.
Entrepreneurs don’t face that conundrum anymore. Companies like Square make it easy to swipe a credit card from any location. If you have a smartphone and the Square credit card reader, you’re ready to sell. And you don’t have to worry that a customer’s check will bounce. Entrepreneurs don’t face that conundrum anymore. Companies like Square make it easy to swipe a credit card from any location. If you have a smartphone and the Square credit card reader, you’re ready to sell. And you don’t have to worry that a customer’s check will bounce.
#2: Multi-Account Tracking
Mobile technology has given people useful interfaces that let them view and manipulate large amounts of information. That’s particularly helpful when it comes to managing finances.
The average person might not need an app like Mint or Manilla, but entrepreneurs have to keep their eyes on numerous accounts at all times. These apps give you instant access to your accounts at any time of the day.
You’ll never have to suffer the embarrassment of a rejected credit card at another client dinner. Instead, you’ll know exactly how much money and how much debt you have in every account.
#3: Connect You with Partners Instantly
30 years ago, only rich people had mobile phones. They were huge and had short battery lives. In other words, they were nearly useless except as a stepping stone towards today’s smartphones.
With today’s phones, entrepreneurs can connect with their partners and clients instantly. It’s more than just placing a mobile phone call, though. Apps like Dropbox and Google Drive let you store and share large files quickly.
You can even have face-to-face conversation via Skype. A large screen makes Skype more effective, but it can work with practically any mobile device made within the last few years. If you want to see someone’s expressions during a phone conversation, this app is essential.
#4: Simplify Personal and Business Scheduling
Entrepreneurs have busy lives. It isn’t easy to juggle your personal and business schedules simultaneously. With mobile technology, you can keep your schedules synchronized so you feel more in control of your day.
You can also use timers like Toggl that keep track of how much time you spend on individual projects. Many of these apps can synchronize with other types of calendars, which makes them excellent at helping entrepreneurs balance all areas of their lives.
You might find that you spend a surprisingly large amount of time on unnecessary tasks. That’s the kind of discovery that can take your efficiency to another level.
#5: Update Documents on the Fly
Mobile technology is often limited by the type of device you have. That’s too bad for businesspersons who want to update documents on the fly. If you have a reliable smartphone, with a good data plan, you can take use an app like Quick Office Pro to change practically any kind of Microsoft Office file, including Word docs, Excel spreadsheets, and PowerPoint presentations.
If your partner calls to give you new numbers just before a presentation, you can update the files from your mobile device. Thanks to mobile documents, you can avoid potential disasters when talking to funders and other entrepreneurs. Before mobile technology, that meeting could have been an embarrassing experience that hurts your project’s chance of success.
How has mobile technology made your life easier? Do you use your mobile apps most for business or your personal life?
Image via Square.