Not every passion pays well. However instead of starting with “what will make the most money?” and hoping you like it, try starting with what you’re most passionate about and figure out how to do that profitably.
Acting like an entrepreneur isn’t a trait that you have to be born with – it’s really a mindset that anyone can adopt and hone with practice. There are some key strategies I recommend in developing that mindset, whether you are currently an employee or an aspiring entrepreneur
I believe there are some good arguments for not quitting your day job too soon. Here are some of the key ones I would suggest to every aspiring entrepreneur who doesn’t have a rich uncle or isn’t sitting on a large nest egg.
Every entrepreneur I meet in my role as a small business advisor dreams of making the business run like clockwork, even without them. You are all frustrated when that never happens, even after years of 16-hour days, repeated efforts to hire the right people, and multiple campaigns to delegate more and sign up for less. […]
Working parents want success at home and at work. Businesses want productive workers. Enter work-life integration. No matter where we are in our careers, we often talk about the importance of balance: an idea that conjures images of lotus poses and zen gardens. We talk about managing stress and finding time for sleep, meditation, friends […]
Have you ever wondered why the best venture capitalists keep winning outsized returns? Why do the best agents keep discovering new talent? Why do the best universities keep minting Nobel Laureates and CEOs? Most people attribute this continued success to their being “the best.” That somehow their innate abilities, processes, and general brilliance enable them […]
As the old adage goes, health is wealth. This holds even more true in the case of an organization. The healthier and happier your team is, the higher your company’s productivity. As company leaders, we often ignore this, and we expect our team members to take care of their health on an individual level. But […]
I have often said that entrepreneurism is a socially acceptable form of mania. By that, I meant that entrepreneurs, by definition, see themselves as standing apart from the crowd. They take on risks that cause other to quail, drive themselves and their teams to peak levels of performance, and sometimes over believe in themselves and […]
While spending years in a big company as an employee and an executive, I heard many people talking about jumping the corporate ship, dreaming of being an entrepreneur, and totally in charge of their own destiny. Fortunately for many of them, it was all talk and no action, saving them from a world of grief […]
Just as national cultures influence and shape a country, so does the startup culture set by founder strategy drive the future of a new venture. In top current companies, such as Google, Apple, and Netflix, cultural strategies that include greater employee freedom and fostering creativity are the norm. I believe this new focus on culture […]