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Are you sick of tired of going into the office and doing the same job? Do you want to get out of the rat race? Well, becoming an entrepreneur is a good career path. Entrepreneurs are the boss, and they are the only people that dictate the terms. And, lots of them turn out to be insanely successful. But, they only reach this level when they iron out the mistakes. New players to the game don’t always play the game to the best of their ability, which is risky. In the end, one mistake can be fatal. The key is to troubleshoot the errors as and when they occur. To do that, here are the ones to look out for as a newbie.

Read More Don’t Shoot Yourself In The Foot – Troubleshoot The Mistakes

Entrepreneurship

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If you’re an entrepreneur with a startup business (and let’s be honest, why else would you be on this website), then you know how important it is to spend your limited funds wisely. You’ll also know how crippling overheads can be. It only takes one tough month.

 

Of course, you need to spend money to make money, but it is about spending that money wisely. Of course, you can’t completely escape the cost of rent, utility bills, and other such expenses, but you can limit the damage substantially.

 

That’s where we come in. We’ve come up with a few tips on how you can reduce your overheads and use that limited stash of cash in a much better way. Read More Time To Spend Less On The Necessary Stuff

Startups

Strategy, innovation and planning crossword
What is one of the first things people say you need before going into business? A business plan. The basis of this statement is that the business plan is supposed to be instrumental towards guiding your business’s growth path. Also, the business plan is supposed to establish that you are serious about your business and have put a great deal of thought into its existence. It is the traditional method that is still is still accepted in conventional society even though entrepreneurship is supposed to be unconventional. Read More The Strategy Plan vs. The Business Plan

Competition Entrepreneurship Innovation Small Business

balancingitall
In the last post I covered how to step into part-time entrepreneurship (Do You Want to be a Part-Time Entrepreneur) and now it’s time to cover how to manage the transitional period. The keyword to focus on is part-time. This means your time is being allocated in other areas outside of your entrepreneurial endeavor. When our time and focus must be split in multiple directions, we lessen the efficiency of our potential output. As an entrepreneur efficiency is your #1 component and is something I have just recently written about (Entrepreneur Efficiency). The situation at hand though is that you are part-timing so you must learn the art of strategic allocation. Read More Balancing Your J.O.B., Entrepreneurship & Life

Entrepreneurship Life Management Self-Improvement

Smart-Business-Promotion-Tips-During-Holiday-Season
As the holiday season quickly approaches, many of us will become immersed in our personal and associative festivities rather than focused on developing our businesses. Notice that I said most and not all. I know a lot of you are hard at work no matter what time of the year it is because that is the lifestyle and drive consistent with entrepreneurship. But for a lot of us, a lackadaisical mindset can set in which means a slowed level of productivity. What occurs afterwards is a long list of New Year’s Resolutions and promises, which get abandoned a month later at best… Read More Staying Productive During the Holiday Season

Entrepreneurship Self-Improvement Small Business

slump
Recently, for the past several weeks I had been in a serious slump. Simply, things were not going as I wanted in both my personal and business life. Personally I was not able to do things I wanted to do and felt the pressure of meeting personal obligations, e.g. BILLS. This setback was due to a slowdown in business, which can dramatically impede all other areas of your life as an entrepreneur. And that is what was happening with me…I was in a bad slump that simply made me unmotivated to do anything. That is a terrible space to be in for an entrepreneur because we must always remain focused and productive in order to survive. Read More Coming Back from a Slump

Entrepreneurship Life Self-Improvement Small Business

jay-z-not-businessman-business-man
Many individuals enter the world of entrepreneurship with the wrong intentions. Most people confuse entrepreneurship with the freedom of having no accountability, they can do as they please. This sort of belief will doom your entrepreneurial endeavor from the very beginning. In entrepreneurship there is no half stepping. You are either all in or you are just acting like you are doing something when you are really playing the role. Read More Treat Yourself Like a Business

Competition Entrepreneurship Self-Improvement Small Business