Entrepreneurs create businesses. We love to create things from scratch and develop a business into it’s full potential. However, there are many things that go into managing a business that we hate, and here is a partial list: Paperwork Many tax agencies make us fill out tax forms every year. I know that this year [...]
An entrepreneur creates a vision and sets out to make his vision a reality. What is this vision thing anyway? Is it inspiration from God? Well, vision is kind of putting together the pieces in order to create a world which does not yet exist. An entrepreneur starts with an idea about making a profit. [...]
With the Powerball jackpot at some $640 million last night, a lot of people were talking about what they would do if they won. They would buy houses for all of their friends. They would buy a new car. Fund their children’s college. Perhaps they would give a large amount to charity. What would you [...]
They say that very few people change until events cause the lack of change to be more painful than practicing the same habits. This is not only true when it comes to personal habits but in the world of business it holds just as much validity. Take the 2008 and 2009 financial crisis, for example. [...]
We’ve all heard of serial entrepreneurs. It’s the sexy side of owning a business where the person already went through the process of making a ton of mistakes and has found themselves creating a business, growing it, selling it, and starting another. The facts are that most entrepreneurs don’t fall in to this serial category. [...]
The weather sure is nice now. In Chicago we are looking at 70 degree highs through next week. It is March, btw, not June… But everyone has converted into summertime creatures: suntans, swimming pools, barbecues… and probably don’t care too much about starting a business. Let’s enjoy the great weather now and maybe we’ll think [...]
Starting your own company is an exciting venture – it means working for yourself, making your own decisions and determining your own hours! But as thrilling as this is, there is lots of planning and preparation to be done before you kick-off. You’ll need to set goals, do some competitor research and plan your finances. [...]
That, by the way, is a line from “The People Versus Larry Flint” with my friend (not really) Woody in the starring role. Great movie. May make you wonder what he was talking about. Well, Larry Flint was friggin’ nuts. And friggin’ brilliant, as a creative person. He had a vision. He knew what the [...]
Small businesses are increasing in number dramatically. The obstacles are being removed on a daily basis and the economic situation is actively encouraging an entrepreneurial outlook. Higher petrol prices, a shortage of jobs and the rising cost of living are just a few of the factors that encourage people to start out on their own. [...]
If you’ve never heard of the time trap, it’s time to put this problem on your radar screen. Think about your average work day. If it lasts roughly eight hours, how many of those eight hours are you engaged in activities that move your business forward? How many of your daily tasks are directly benefiting [...]