Entrepreneurs seem more quickly frustrated these days when their “million-dollar idea” doesn’t turn into a sustainable business overnight. They don’t realize that it takes many skills to build a business under the best of circumstances, and today’s world of instant gratification doesn’t leave room for the patience and practice to develop these skills. Successful sports […]
Setting Goals
Set SMART Goals & SMARTER Goals
How many times have you set a New Year’s resolution, only to give in to your old ways after a short time? If you don’t know where you are going, how will you know when you get there? We all have a tendency to set New Year’s resolutions and goals without giving any thought as […]
8 Tips for Quantifying Traction in Your New Venture
What is the definition of traction for a business startup today? According to most investors I know, traction is some clear evidence that the “dogs are eating the dog food”—usually meaning that you have at least one customer paying full price for your solution. If your phone app or service is free, then the number […]
6 Guidelines for Proper Responses to Investor Queries
Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Those who respond with one of the wrong answers, such as “I want […]
Make Achieving Your Goals a Team Sport. Here’s Why—and How
A person’s success isn’t the result of superhuman feats. It’s the outcome of doing the things anyone can do—though most of us just don’t. Usain Bolt, the Jamaican sprinter and eight-time Olympic gold medalist, observed: “I’ve learned something through the ranks that there’s a ladder, but no one wants to climb the ladder. They just […]
Why Your Business Needs a 90-Day Plan
The economy is booming, and businesses everywhere are thriving, but many small business owners and aspiring entrepreneurs aren’t making good use of today’s bounty to invest in tomorrow. As long as you have some extra capital at your disposal, you should be continuously investing in your future, and the foundations of any good investment begin […]
The Tao of Entrepreneurship
Wu wei (無 爲) is often translated as non-action, and entrepreneurs seemingly couldn’t be further from this Taoist ideal. Yet, Sifu Adam Mizner may have a better translation of wu wei: non-preference. Preference, in this context of entrepreneurship, refers to being stuck on an idea that ultimately binds us to an increasingly risky and ultimately failing strategy or business model. Water is the essence […]
8 Small Business Time-Saving Tips
No matter how driven and hard-working you are, it’s very easy to get carried away and lose track of the time. This especially applies to small business owners who try to do as much as possible during their working day or week. With a hectic schedule and stress, you’ll be all over the place in […]
Are You Really Ready to Launch Your Business?
Entrepreneurship presents unique difficulties that the 9-5 working crowd may never truly comprehend, sometimes even before the business is up and running. One of the challenges entrepreneurs face before starting a business is knowing the right moment to plug in the proverbial “open” sign and start welcoming customers. Some business owners prefer to wait until […]
6 Property Resolutions to Make and Stick to in 2018
It is important for buyers to invest wisely in 2018 due to the volatile market. Whether you aim to buy a home, an office, or a property for investment, here are some property resolutions one should make and stick to, this year. 1. Get your credit score back on track It is essential for buyers […]
