Bigger Isn’t Always Better: A Case For Keeping Your Business Small
Entrepreneurs are always told to plan for a big business exit. But what if keeping your company small is really the better choice? Here’s how to think this through.
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Don’t Sell Yourself Short: Do You Need to Raise Prices or Reset Your Strategy?
Throughout my own entrepreneurial journey, I’ve watched other entrepreneurs approach product/service pricing in one of two ways: 1) They charge top dollar for their offerings from the get-go, or 2) They struggle, feeling uncomfortable and unsure about how to set their prices, so they low-ball themselves. But in order to get maximum revenue, you need…
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Try To Be OK – But It’s OK If You’re Not
I’ve been an entrepreneur for decades, and there’s one truth I can confidently declare: managing a business and life is hard. And frankly, entrepreneurs are sometimes the worst at recognizing their emotional issues and asking for help. We tend to overwork and overthink, chalking all of it up to our relentless work ethic and failing to…
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Trust: The Unexpected Ingredient for Business Success
If you’re an entrepreneur, odds are high you want to know how to help your company grow. I’ve built several businesses, so I have hard-earned perspectives on the subject. But I don’t want to tell you about cash flow or customer acquisition or any of the other business-y crap we hear about all the time….
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How to Build a Purpose-Driven Business
You’ve got your business plan, you’ve started developing processes, and you know what people you need in the seats. But wait. Have you decided what your business’s purpose is? Really, what is the purpose of your business? Some might say, “to make money.” Others might say, “freedom over my time.” This is all fine and…
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5 Traits of Successful Entrepreneurs
Let me start by saying no two entrepreneurs are the same. Everyone has their own methodologies, values, and motivations that drive them on their journey to create something unique. Many successful entrepreneurs do, however, display a similar set of characteristics that help advance them towards their destination. These traits tend to be the difference between…
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Lessons Entrepreneurs Have to Learn the Hard Way
Entrepreneurs are risk takers. Sometimes these risks pay off, but more often than not they leave you in a whirling pit of confusion. A big part of being an entrepreneur is having to learn from the consequences of taking a bad risk. The thing is, if we knew the results of where the tougher decisions…
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Bringing out the Entrepreneurial Spirit in Your Kids
Kids these days have it too darn easy. Oh no, I’ve become my parents. Ha ha! We’re living in an age where access to information is just as available as the air we breathe, and yet they are giving all their time away to searching the web for memes and playing Fortnite. I will never…
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How Taking More Breaks Can Improve Focus and Productivity
Recent studies have revealed a considerable body of evidence supporting the idea that a constant workflow detracts from productivity. As a result, taking breaks more often may actually increase a worker’s output. Basically, break up your day and get more done. Expending and Regaining Energy Tony Schwartz is the founder of the Energy Project….
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Methods to Deal with Failure as an Entrepreneur
Failure is a natural part of entrepreneurship. Every entrepreneur fails at some point or another. In fact, the majority of start-up firms eventually fail, no matter how good their foundation is. While start-up founders are often perceived as young and brash, most successful founders are in their late 30s or 40s. This is why entrepreneurs…
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How Entrepreneurs Benefit From Taking the Harder Path in Life
My favorite entrepreneurial quote was coined by Milton Berle: “If opportunity doesn’t knock, build a door.” The only wooden thing I’ve built is a chicken coop that’s surprisingly still standing… The level of grit Milton’s speaks to is common among those outside normal employment. The cold truth is that harder paths, requiring sacrifice and focus,…
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6 Habits Entrepreneurs Should Adopt to Eliminate Bad Days at Work
There are good days, and then there are bad days and those difficult days always seem to have the most lasting effect. Entrepreneurs especially must juggle multiple plans and projects while maintaining a positive attitude with clients, coworkers, family, and friends. Struggles and hardship can damage these relationships regardless of how professional a person might…
