Blog Archives

The Starving Entrepreneur

starving-artist-daryl-price
Does the term “starving entrepreneur” apply to your entrepreneurial journey? You are putting in hours of work and sacrificing so much but have yet to reap any rewards for your continuous efforts. Everyone tells you to just give it up and get a “real job” but you refuse to give in to such notions. You know your carefully crafted work will eventually catch the eye of the public and you will get the due recognition you deserve. Besides struggling is the ultimate threshold for an entrepreneur and is almost like a rite of passage in order to be accepted. Read the rest of this entry

Why a Diverse Income Stream is Needed

If you are dependent on one source of income I highly recommend that you discontinue the habit. In today’s economic environment, the volatile nature of uncertainty leads to the disruption of the normality in which people are accustomed to living within. That means when something is seen as normal it becomes a part of your natural function, leading you to believe its process is unchanging. Since we are talking about income; I will describe how careers and jobs become an illusionary trap in which people become fooled by their outward perception of stability. Read the rest of this entry

Is the Recession Causing You Depression?

If you have been watching the news lately and listening to different indications on where the economy is, you can most likely come to one conclusion. It sucks! And it is sucking the enjoyment of life right out of many people. The Great Recession happened almost four years ago but what must be remembered is that it was a disaster in the making that developed over a long period of time. The joyous period prior to our current status seems to be over for most and now the realization of “what next” begins to resonate. What usually happens when people have the time to pity in their woes is depression, better known as the inability to move forward. Read the rest of this entry

Competition is Fierce

Lately I have been noticing that some opposing players within what I call the thought leaders of the entrepreneurial community have been stifling others that they view as competitors. I say this because it seems like they do not like others sharing their own knowledge and information to what they view as “their audience”. Instead of letting the audience hear ideas and produce conversation from varying perspectives, they block out anyone promoting theories opposing their own. Maybe they fear those they view as considerable competition, maybe they want the audience to focus only on what they have to offer; whatever the reason it pushes me to want to strategically outwit them at their game of checkers by playing a masterful game of chess. Read the rest of this entry

Staying the Course

Let’s face it being an entrepreneur is hard. We have all seen how the end outcome of hard work can turn out amazing for a few but what was their entrepreneurial journey like before those successful results occurred? For many continuing to work hard despite producing minimal results can be frustrating as hell. You stay up all night, sacrifice your personal life and forgo a steady paycheck all based on the chance of luck and hard work meeting up in order to produce a successful venture. You risk it all but as the days, months and years go by giving up seems like the best option. Why continue to struggle when no one is willing to accept your idea or willing to take a chance on your ability to turn an idea into a successful business? Read the rest of this entry

Can Entrepreneurs Create Enough Jobs?

As many of you may know, we will be voting in November to elect a new president or voting to have our current one stick around for four more years. Now I do not want to make this a political post but have pointed out this fact because two issues will be of critical importance during their campaigning process: the economy and job creation. These are two issues that everyone wants answered but contrarily produces answers that everyone does not agree with. Ideas and opinions tend to cause those type of reactions though because everyone does not have the same experiences or views as to how the world should operate. This is where we come to those people who hold certain ideas and viewpoints and see to it that they are put into motion in order to provide a solution. These people can be your political leaders, your corporate leaders, your community leaders or those we call entrepreneurs. For this post we will focus on those called entrepreneurs. Read the rest of this entry

Putting the Pieces Together Part II

In part 1 of Putting the Pieces Together, we spoke about people and resources. Lets briefly review those two components before we move forward in order to remember their importance. People are important in order to give support and a helping hand when in need. Resources are important because they help you connect the dots when you are unable to do so within your own individual efforts. These two components clearly point out the fact that you cannot do it all on your own if you want to succeed. Remember this is a puzzle you must assemble; pieces(the right ones) are needed for the construction of the continued work in progress.

With people and resources already covered, we will move along to network and skills and see how they fit into the equation. Read the rest of this entry

Putting the Pieces Together

From the previous post, Can I Become an Entrepreneur, we came to the conclusion that entrepreneurship involves putting together various pieces in order to produce the predetermined vision. It is important to highlight the fact about putting various pieces together because many aspiring entrepreneurs believe you can produce a vision in its entirety immediately. This wild belief is what helps create the high rate of failure many entrepreneurs endure along their start-up journey. An important rule to follow for aspiring entrepreneurs is patience, without it you will have a hard time moving forward in a rational manner. Patience is vital in regards to your putting together of the pieces because it allows for you to strategically prioritize or better yet analyze what fits into your given puzzle. Understand that this is a very complex puzzle and every piece is not made to fit and sometimes the puzzle will not turn out how you once imagined so it is a continual work in progress that is never truly finished. Read the rest of this entry

Can I Become an Entrepreneur?

In today’s challenging job market and economic climate, being an entrepreneur seems like the most rewarding employment status. What most people  do not realize about entrepreneurship though is that it is not as simple as it seems. Having a business idea, establishing that business idea and reaping the benefits of that business should be pretty simple right? Well not exactly. Countless numbers of people come up with ideas for a promising product or service but do not possess the ability to make those ideas functional. This is one of the most difficult things about entrepreneurship; moving from idea to execution but even with this difficulty people are  still venturing towards entrepreneurship. So the almighty question people are asking is, “Can I become an entrepreneur?” Read the rest of this entry

Being an Entrepreneur and Having a Life

When you think about an entrepreneur, you most likely picture a person who is extremely busy and always on the go. This person barely sleeps, is constantly working and has no time to waste on the small things in life. This image is what most individuals feel they must fulfill and imitate in order to be considered a legitimate entrepreneur. People mistakenly feel they must rid themselves of all things enjoyable and irrelevant to their entrepreneurial pursuits in order to become successful. While it may work in a few cases; working hard without time spared for relaxation and enjoyment can be quite hazardous. Read the rest of this entry

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