The Empowered Entrepreneur

An entrepreneur is someone who makes any attempt at a new business venture. Entrepreneurship is a major contributing factor to the economic well-being of a country both in terms of economic growth and job creation. According to Global Entrepreneurship Monitor, one in 10 adults in the United States today is an entrepreneur. This massive growth is by no means restricted to North America. The leading country for entrepreneurship is Brazil with one in eight adults an entrepreneur. Australia is not far behind the U.S. with one in 12. Many other countries are rapidly gaining ground. Wanting to be an entrepreneur is one thing, being one is quite another. Entrepreneurs take on responsibilities and commitments much differently than those of an →

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Successful Entrepreneurs Focus on These 4 Attributes

Innovation: An entrepreneur is an innovator. They take the initiative to bring together new products, services and resources with the plans for developing a new way of doing things. Decision Making: An entrepreneur makes the basic decisions for the business and sets the course of the enterprise. Risk Taking: An entrepreneur takes risks with his or her time, effort, business reputation. They invest in opportunities that often are unknown or uncertain. Implementation: An entrepreneur understands that implementing their business plan is extremely important to succeed. Implementation requires a broad range of skills including management, marketing, promotion, sales, communication, finance, accounting and the Internet.

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Why Don’t They Teach Failure in School?

Why do failures tend to disappear from business education curriculum? Information about business failures is often scarce or ignored completely, yet it is inevitable. On the other hand, information on successful companies and their success strategies is in generous supply. Companies that pursue unsuccessful strategies either learn to change their business strategies or they go out of business. A successful company is described as having used visionary management and innovative marketing strategies while a failing business is accused of poor business management and overall bad business skills. So why don’t we teach future entrepreneurs more about failure? Wouldn’t that save you a ton of money learning from mistakes that could have been avoided in the first place? Can you imagine →

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Success takes time

Just as it takes time for you to adjust and learn new skills — success takes time. Be aware that mistakes will continue to happen in your business even after you have reached your peak potential. You will always need to be learning something new in business to stay innovative and on top of your game. So when you think you have it all figured out and have made all the mistakes you need to make to learn, something will challenge you again and test your confidence. Making mistakes – turning them into challenges and then overcoming those obstacles in business – is extremely REWARDING. There is nothing that can challenge, motivate and build your confidence faster. Mistakes and challenges →

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Can mistakes be good for your business?

Hopefully you make a mistake now and again, because failure can actually be good for you and your business. If you haven’t made any mistakes for a while, you may be playing it too close to your comfort zone and not stretching yourself far or fast enough to achieve high level goals. To aim high, you must accept some of the risks that go along with learning something new. Risks come with the acceptance that you will make some mistakes along your journey; but you will want to avoid making costly mistakes or making the same mistake over and over again. Use good, common business sense. Every business and every career has its share of challenges. You will constantly be →

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Boost your success confidence

Before you can be highly successful at any business you must first sell your ideas, your strategies, your business practice, your goals, your skills, your experience, your products and services. You must be absolutely SOLD on you. Your confidence will never fail you. What can fail you are those things in which you place your confidence. In selling yourself successfully, absolute confidence in “yourself” is a must! Confidence, in turn, breeds courage. This being true, you must make sure that your self-confidence goes to work for you, because in selling ourselves, we place confidence in ourselves. Why do you think confidence is so important in building success? If you don’t have confidence in yourself, you can’t expect prospective customers to →

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Tap into your powerful belief system

CONDITIONING ABOUT SELF, MONEY, COMPARISONS: How do you describe personal wealth? People measure and define wealth in many different ways. If you only measure wealth in dollars, you may always be looking for that larger pot of gold at the end of a new rainbow. Working harder, working faster and doing more are NOT necessarily the keys to achieving personal satisfaction and success. Think about what wealth and success really mean to you. How would you live your life differently than you are right now? Would your success be defined with a balanced life of professional achievements, personal happiness and good health? If so, what path would you follow today to accomplish this balanced wealth plan? Below are three steps →

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Create a Big Vision for your small business

Even if your business is small, it doesn’t mean your vision needs to be. Think of your vision as the overall goals for your company. You can turn your big vision into reality by focusing on your customers, your brand and marketing that give you proven return on your investment. Once setting your vision or view of the future, set challenging, but realistic goals to move your business forward. Did you know that 80% of small business owners don’t currently keep track of their business goals? This being the case, if you just keep targeting and tracking your goals, you will achieve far more than the majority of your competitors. Your big vision shines when you remain focused on those →

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7 top marketing goals to focus on in 2017

  Looking toward the New Year you will want to create more marketing-focused goals to keep your big vision alive. Setting goals should also be aligned with a marketing plan to help you get there. But, most small business owners miss this part and either stop marketing when business gets challenging or keep doing the same old things, not measuring the results. 7 marketing goals to focus on in the New Year: Have a content marketing plan. What will you publish on your website and social media? Have a plan in place and a rough draft of every month’s marketing efforts at the beginning of the year. Find strategic partners. Your partners could be online or offline partners. For example, →

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Shift to Making a Difference

“Succeeding in new things creates confidence. Confidence in turn creates unstoppable success.” ~ Debbie Allen As an entrepreneur, my background in business started at a very young age, but I had no formal business training, except for what I learned from the school of hard knocks. I’ve built and sold numerous million dollar companies and although I’ve had many successes in my life, there came a time where I felt something was missing. That “something” was giving back to others. I had been blessed with having the opportunity to work with many wonderful mentors and experts throughout my life and believed it was time for me to begin supporting others with the wisdom I had learned while growing and marketing my →

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