I wanted to share this little nugget I found in my diary from 2005 of a typical day after building my company for just two years. It’s now 13 years later and my company is bigger than ever but it was the daily emotions like this you have to battle.
All too often an entrepreneur can get so excited about their venture that they make quick and fast decisions to move ahead. See, when you are growing fast you have to fill departments to cover for everything you can’t do personally.
The dream of building a business is not for everyone. Those who have been employed at a “big company” will have to hit the reset button in their thinking. Experience working in the corporate world does not necessarily translate into success as an entrepreneur.
I've been asked this question many times and the reality is that it's a combination of factors but here’s four that quickly come to mind. Just remember starting, growing and building a company is tough and most companies fail. Being successful is hard even in the best of times.
The dream of building a business is not for everyone. Those who have been employed at a “big company” will have to hit the reset button in their thinking.
If you are bootstrapped, you are going to have to run super lean. You need to be, act and think scrappy. A real entrepreneur relishes the grind and digging deep to struggle.
If you are going to take the entrepreneurial leap you have to be able to handle stress. This is not the 9–5 world. It’s 24/7/365
Celebrity entrepreneurs are nothing new. We hear about them all the time, especially in the tech world with names like Bill Gates, Mark Zuckerberg and Elon Musk. Each inspires awe and emulation (in part) because of the news they generate and the exciting lifestyles they lead.
“I hate it when people call themselves ‘entrepreneurs’ when what they’re really trying to do is launch a startup and then sell or go public, so they can cash in and move on.
When it comes to growing a successful enterprise, some magazines and bloggers are always bursting with good advice. Each day sees the publication of “new” tips and lists praising the power of hard work, perseverance, vision, etc.
I was asked this question recently. Well, besides the obvious for most people which would mean giving up a paying job,forfeiting healthcare benefits, vacation time and potentially other perks to take a risky leap… Here’s some of the immediately challenges one will likely have to face
Fourteen years ago we started our firm based on a distributed workforce. At the time, there was a huge stigma around organizations that allowed employees to telecommute or work primarily from
In the 28 years since Stephen Covey published The Seven Habits of Highly Effective People, his advice has helped millions of people improve their professional lives—from presidents and CEOs to the owners of “Mom & Pop” shops.
Nobody likes to talk about it but the reality of starting a business and building a company is that it’s simply not for everyone. If you knew the truth of how hard it is, you’d probably run away fast as you can.
Today too many startup entrepreneurs dream and seek the VC-funded path of least resistance. At the same time the media lavishes “credibility” to such companies that are either unproven, unprofitable or both.
As a veteran of many Half Ironman triathlons, various endurance events and being a former collegiate basketball player, I’ve learned that a key part of maintaining a sharp mind is keeping a healthy body.
I don’t blame business owners for dreaming of becoming unicorns. Who wouldn’t want to receive a massive cash infusion and become a respected “player” literally overnight?
Having an enthusiastic team of loyal employees who look forward to doing their job should be the goal of every employer. As a business owner who has built a successful national firm from the ground up, I believe it's truly the people who a make a company.