Tag Archives: Entrepreneurship

In Review – May 2015

Here are our favorite stories from May:

6 Things I Wish Somebody Had Told Me When I Started My Small Business

Entrepreneur published 6 Things I Wish Somebody Had Told Me When I Started My Small Business, giving advice to new business owners.

Running your own business is one of the most exciting, and challenging, adventures you will embark upon. Take care of yourself as you set the tone and culture of your growing business. Protect yourself to ensure the business will survive the ups and downs. Running your business can be fun with a little bit of planning and with processes to make things run smoothly. Take time to set it up right so you can get back to doing what you love. I’m cheering for you!

23 Things Every Entrepreneur Must Know

Paul B. Brown published 23 Things Every Entrepreneur Must Know on Forbes. The author discusses the things his experience tells him every entrepreneur must know.

7 Samurai Virtues For The Modern Entrepreneur

Forbes published 7 Samurai Virtues For The Modern Entrepreneur. The translated virtues are:

  • Fortitude and Perseverance
  • Conviction and Faith
  • Care and Discretion
  • Righteousness and Justice
  • Moderation and Temperance
  • Benevolence and Charity
  • Hope

Do You Really Want to Be a Business Owner?

Jay Goltz published Do You Really Want to Be a Business Owner?. It discusses the Pros and Cons of being a business owner.

Here’s my question: Is wearing an entrepreneurial crown too uneasy for “normal” people? Entrepreneurs are definitely not normal, and entrepreneurship is definitely not for everyone.

The Top 10 Rookie Mistakes for Entrepreneurs

Jay Goltz published The Top 10 Rookie Mistakes for Entrepreneurs. The article lists the mistakes often made and gives the reasoning behind why it’s on the list. I can’t say I agree with all of them wholeheartedly, but they are definitely worth reading and considering.

  1. Keeping your rent as low as possible
  2. Hiring someone you know and trust
  3. Buying used equipment to keep expenses down
  4. Keeping your prices “reasonable”
  5. Saving money on professional advice
  6. Considering borrowed money a last resort
  7. Picking a bank that knows you and that you have a relationship with
  8. Thinking you have your advertising figured out
  9. Treating your employees fairly
  10. Falling blindly in love with your product or service

Six Attributes of Successful Entrepreneurs

Jay Goltz published Six Attributes of Successful Entrepreneurs in the New York Times’ You’re the Boss blog. This article talks about the things that aren’t taught in college or business school that great entrepreneurs need.

  1. Ambition
  2. Creativity
  3. Tenacity
  4. Risk Tolerance
  5. Intuition
  6. Personality

8 Lessons for Female Founders from Barbara Corcoran

Barbara Corcoran published 8 Lessons for Female Founders from Barbara Corcoran on Forbes. Although the advice was written for women, much of it applies to anyone starting a company or trying to establish themselves. My personal favorites are:

  • Perception Creates Reality
  • Shoot the Dogs Early
  • There Are Two Kinds of People: Expanders & Containers

So You Want to Start a Business

Jay Goltz published So You Want to Start a Business, reminding everyone that starting a business is hard. He suggests doing your homework, seeking intelligent advice, and confusing support with wisdom.

One more thing: Going into business is risky, treacherous and demanding. But it is also invigorating, rewarding and beautiful, when it works. It is a lot like nature — with violent hurricanes and beautiful sunsets. I am not sure that you choose to be an entrepreneur; it chooses you.

How an Entrepreneur Can ‘Get Lucky’ in a Startup

Forbes published How an Entrepreneur Can ‘Get Lucky’ in a Startup, listing 5 traits successful entrepreneurs have in common:

  1. Accept responsibility for your actions
  2. Learning from mistakes
  3. Perseverance on all goals
  4. Confidence in yourself and others
  5. Cooperation with others in your network