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5 Tips To Help Make The Move From Wantrepreneur to Entrepreneur

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You’re excited. You have finally came up with an idea that you know will crush it in its industry. The problem is, you’ve been here before.

More than once in fact. Ideas are not the problem for you. Where you struggle is taking the next step of turning that new idea into a viable business.

Does that sound familiar? If so, you may be what many in the entrepreneur space call a wantrepreneur. What’s a wantrepreneur? A wantrepreneur is simply a person who is going to start a business, but for some reason (or a list of reasons) never does, yet keeps talking about it.

If the definition of wantrepreneur matches what you have done in the past, don’t despair! There have been many people that have been able to make the move from wantrepreneur to entrepreneur. All you need is a little help to get you on the right track.

Here are 5 tips to help you make the move from wantrepreneur to an entrepreneur:

1. Don’t tell anyone about your ideas

You’re excited about your new attempt at creating a business. You want to tell the world what you’re going to do. Don’t. Chances are, people have heard all about your past ideas. You never took the steps to implement those ideas.

There will be plenty of time to talk about what you’re doing when you start finishing projects that move you closer to the goal of creating or improving your business. People will be impressed and excited about what you have accomplished and not what you discussed.

“I made a conscious decision not to tell anyone in my life. Now I tell people – don’t tell anyone your idea until you have invested enough of yourself in it that you are not going to turn back. When a person has an idea at that conception moment it is the most vulnerable – one negative comment could knock you off course.” – Sara Blakely

2. Get a written plan

You have all of your plans and ideas in your head. That’s not going to work if you are serious about starting a business.

Why isn’t it going to work? As the cliché goes “If you fail to plan, you plan to fail.” Not taking the time to commit to a plan shows you are truly not invested in moving forward and are just interested in telling everyone what your plans are.

If you’re serious about starting and running a profitable business what is your plan to get there? Sit down and make a basic plan of what you need to accomplish. It doesn’t need to be a fifty-page manifesto with every detail decided. You should have the big goals written down and then how you think you are going to get it done.

 

3. Throw out that list of excuses

I don’t have the time. I’m still working for “the man”. I need capital to start. If you find yourself saying these types of things, but are not working in the search for solutions, then you should stop now. Why?

Because issues will continue to arise while running your business. So, if you are going to let time management, another job, or lack of capital stop you, then you don’t want it bad enough. If you wish to be an entrepreneur, then figure out solutions to your issues and then carry out those solutions to keep moving forward.

 

4. Do the work

Your business is not going to build itself. Now is the time to overcome the excuses and obstacles that are in your way and put your plan into action and do the work. There isn’t anything else that will make your ideas a reality.

“I put my heart and my soul into my work, and have lost my mind in the process.” – Vincent Van Gogh

5. Finish what you started

Ultimately being an entrepreneur is about creating a business while taking on the risks associated with starting and building that business. For you to become an entrepreneur, you need to finish and build that business you thought about, planned, and silenced the excuses.

As you can see, the actions you take and complete are what move you forward when building a business thus making you an entrepreneur. Consider these five tips and put them into action. They will move you in the right direction!

When are you going to move from a wantrepreneur to an entrepreneur? Please leave your thoughts in the comment section below!

Paul is just a regular guy that is about family first and business second. His business is helping others build their online platforms to share their voices, products, and services. If you wish to connect you can find him at PaulGalbreath.com.

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7 Comments

7 Comments

  1. Pedro Sánchez de la Nieta

    Apr 6, 2016 at 11:11 am

    Hello Paul,

    I loved your article! The truth is that I really felt identified with the tips that you mention … It’s not easy to take the first steps from the moment you have an idea until it is done and there are always barriers and limitations (external or the ones you put by yourself). But still, the entrepreneurship is a very nice adventure. Even more so when you believe very much in your idea and if you are lucky and work hard, you’ll succeed.

    I’m just at the end of this road, where I am carrying out an idea and working hard for it to become a success. I have the help of a small team and we are trying to make it our way of living, although it’s not easy … We will continue reading articles like yours to motivate us!

    Thank you very much!
    All the best,

  2. Jim LaValley

    Apr 5, 2016 at 1:23 pm

    I completely resonate with #1. For my venture now, I have done the first three and am now tackling #4 but it is #5 that I am afraid of. Thanks for the article!

    • Paul Galbreath

      Apr 5, 2016 at 5:41 pm

      Hi Jim,

      Good news, you’re never really done with #5!

      I mean… yes…. you have to finish things, but they”re actually just smaller pieces of a much bigger puzzle! There is always something that you have to continue to work toward completing to move the entire enterprise forward!

      For myself publishing an article on a publication such as this was a goal I needed to achieve to continue growing. This has been accomplished with this article right here. Great, I can celebrate for a few minutes.

      Doing the work always continues even when you finish projects! Good luck to ya!

  3. Paul Galbreath

    Apr 2, 2016 at 4:40 am

    Eli, I have been in that situation. The ideas will come and most will go. Just be ready to put in the work and complete projects to move forward once you get serious about an idea!

  4. Eli Seekins

    Apr 1, 2016 at 8:54 pm

    What honest and straightforward advice for upping your game. These are all lessons I’ve been learning lately and have thought about a lot. Especially #1. I always have loads of great ideas that I get excited about and love to talk about, but just because I have an idea doesn’t mean I’m always going to follow through with it. Sometime an idea is just an idea. Other people see that and think of it as failure, and that can make you feel foolish.

  5. Paul Galbreath

    Apr 1, 2016 at 3:15 pm

    Thanks for the comment Lawrence! I would agree.

    I have done both in regards to telling people what I’m working on. If what you’re working on doesn’t come to fruition too many times, even if due to legitimate reasons, people tend to become leery of you seeing something until completion.

    With this latest venture, there are a trusted few from whom I get feedback from that know what I’m working on. Everyone else is in the dark until something is completed. I can tell you it’s fun to tell people what you’re doing, but much more gratifying showing people what you have done!

  6. Lawrence Berry

    Apr 1, 2016 at 2:13 pm

    This was very interesting, especially the first one; Dont tell anyone about your ideas. I actually like that idea because I have felt my self tell people about my ideas, and sometimes the idea may not fall through and I feel like a fool. Getting deep enough into an, knowing that you are not going to turn back is a good way from feeling like that.

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Entrepreneurs

Case in Point: Creativity Is a Good Drug for Entrepreneurs

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In today’s era, the production and exportation of varied products to international markets are growing bigger, all thanks to the excessive industrialization and globalization that enfold multiple industries. It makes it easy for people to access products whenever and wherever. As for consumers, they now have access to different kinds of products in different types and quality ranges.

To such a great extent, what should an entrepreneur like you, do in a market bombarded with a myriad of products? How will you supply and manufacture a product in markets filled with so many choices to choose from and with consumers who already have their trusted preferences?

A creative mind can answer all of these questions. Creativity aids you on how to ameliorate your existing business practices. A brand might be popular among the consumers and well-established, but there will always be room for improvements and corporate lessons for them. The power of creativity will help you come up with unique ideas and deliver innovation into existing practices.

So, What’s In it For Entrepreneurs?

There’s a lot of people who correlate creativity with self-expression and a product of inadequate restraint which may have the ability to bring chaos. Leadership, on the other hand, is all about control and order. It’s probably the reason why most people perceive entrepreneurship and creativity as a fickle combination.

If you’re one of those entrepreneurs who think that it only takes number-crunching and practicality skills to run a business successfully, you better think again! Take heed that creative thinking is a significant factor in good business acumen. The absence of creativity may lead or put your business in a stagnant mode.

In fact, the study conducted by Adobe and Forrester Consulting reveals that 82% of companies in the U.S believe that there’s a strong connection between business results and creativity. Furthermore, companies who actively advocate for creativity perform better than their competitor regarding competitive leadership, market share and revenue growth.

Still doubtful? The following 5 reasons explain why creativity is a good drug for entrepreneurs:

1. It Cultivates Innovation

When you conjure something and attach your name to it, you want to assure that it doesn’t only justify the expectations of customers, but also outdo them. You need to be careful and guarantee your product or service will be useful.

While it’s difficult to see this from the beginning, things will get clear once the sequential steps unfold and the idea is starting to materialize. It is the phase where you’ll realize the difference between innovation and invention.

A unique idea is an invention itself, but a unique and serviceable idea is an innovation. If you want to innovate, you need to look at the same thing differently and be creative. All of these will help you combine usefulness into a unique idea.

2. It Leads to High Success Rate

We always carry the belief that we’ll survive different life battles through intelligent thinking. But it’s not until we grow old when we realize although intelligence is a crucial quality, we need to possess creativity also as a necessity.

However, one sad fact remains – most businesses and educational institutes still put more weight on intelligence in comparison to creativity. Perhaps, it could be because intelligence is easier to manage and measure, while the latter is hard to spot.

There’s good news though. The trends are changing, and many companies finally discern that they need creative people to grow their empire.

“Happiness lies in the joy of achievement and the thrill of creative effort.” – Franklin D. Roosevelt

3. It Encourages People to Think

We’re now living in a world where creative problem solving is becoming one of the best ways to alleviate organizational issues. Creative problem solving works best when you have a highly-focused and disciplined ways of thinking.

Humans by nature have two modes of thinking, namely: convergent and divergent. We can either do one or both modes.

Convergent thinking is a highly analytical mode and aims to conjure a precise solution for a particular problem. The best examples of convergent mediums are computer systems, mathematical and accounting software and other data sources that yield accurate results.

On the other hand, divergent thinking is a mode that develops creativity through considering different possible solutions for the same problem. To make sure that your company gets the best resolution, you need to incorporate both modes of thinking by giving attention to divergent pathways.

4. It Harnesses An Employee’s Potential

Organizations can only utilize half of their employees’ potential if they don’t encourage them to be creative. It’s just fortunate that employees now realize there’s a well of creative ideas and information that are untapped and dormant at all levels.

Tapping these resources may involve a complex process such as solving performance-related issues, creating new financial strategies, enhancing processes, making them more profitable and efficient, or innovating to stay on top of the competition.

5. It Can Be Developed

Although most people believe that creativity is innate, many see creativity as a renewable resource that you can learn and tap anytime. All of us are born with a thought process and creative potential which can develop and reinforce as we grow.

For instance, learning new skills or inculcating new hobbies is an excellent way to test and hone your inherent creative skills. It’s also an efficient way to teach your mind to think in such a way that leads to creative thinking.

“There are two ways to extend a business. Take inventory of what you’re good at and extend out from your skills. Or determine what your customers need and work backward, even if it requires learning new skills. Kindle is an example of working backward.” – Jeff Bezos

Gone are the days where entrepreneurs need to analyze and make decisions according to hard facts only. The most progressive leaders don’t just settle down on hiring creative people for their team, they also train to make themselves creative and harness more usefulness and novelty in their ideas. Hopefully, the reasons above are enough factors for you to give more emphasis to this aspect of entrepreneurship and upgrade your prospects and business acumen.

What makes you creative? Share with us some stories below as we want to hear them!

Image courtesy of Twenty20.com

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How to Build an Unstoppable Mindset According to These 5 Popular Entrepreneurs

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If you ask any of the top entrepreneurs, or any entrepreneur for that matter, they’ll tell you that the one quality you need to become successful is mental toughness. Becoming mentally tough is probably something you’ve already heard about before in your life. It’s something that seems easy, yet most people take it granted. They’d rather think about it than become it.

There’s a difference between thinking that you’re mentally tough and living mentally tough day in and day out.  Mental toughness will only get harder as you advance as an entrepreneur. There’s never an escape and either you’ll become a shield or it’ll knock you down and you won’t ever be able to recover.

When you think about the tough challenges in front of you today, they’ll seem super easy to overcome a year from now. But that only happens if you become mentally tough. You know you need to become mentally tough by now, yet it’s not enough to know without application of the process.

How exactly do you become mentally tough in your life? These 5 entrepreneurs and performance coaches share exactly what it takes to become mentally tough in your life:

1. Tony Robbins

According to Tony Robbins, becoming mentally stronger is like lifting weights. Over time, you will become stronger. No one starts off in the gym with an amazing physique because it happens over time.

However, becoming mentally stronger is more than just becoming stronger. It’s linking your pain and pleasure together. If you feel more pain than pleasure, you won’t perform an action. But if you derive pleasure from a certain action, then you’ll take action. The more action you take, the more mentally tough you’ll become.

Most people try to avoid pain. They’d rather live an average life than take risks which could bring them more pleasure. When you try to avoid pain, you’re not becoming mentally tough.

You need to stop and think about what’s stopping you from taking action? It’s almost always because you believe when you take that action you’ll receive more pain than pleasure. Your goal should be to take action even if there’s pain associated with that action, because that is how you become mentally stronger.

How do you think about procrastination? You’re giving up your mental freedom. You’re giving into pleasure because you only procrastinate when you want to avoid pain.

2. Grant Cardone

According to Grant Cardone, becoming mentally tough starts with having courage. Each and everyone one of us has the courage to live the best life possible but the majority of us don’t want to take advantage of it. Much like Robbins, we’d rather play it safe than absorb more pain in our life.

You already have courage. Because courage comes from the heart. It’s an innate instinct. If something was happening to your loved one, you’d get the courage real quick to rectify that situation. It’s there, you just have to harness the power on your own.

When you become mentally tough, you’re giving yourself the ability to risk it all. What happens if it doesn’t work out? Then you learn from it! It’s that simple, you don’t have to over-complicate it.

Do something today in spite of the fear you feel. Ask out that girl you’ve been thinking about or make the tough call you’ve been putting off. It’s these seemingly small actions you take each day that will allow you to become more mentally tough in your life.

As you continue to take more risks, you will be proud to be alive. You weren’t put here to live an average life. You were put here to take massive risks and live life to the fullest.

“Approach every situation with a whatever-it-takes-mindset.” – Grant Cardone

3. Eric Thomas

According to Eric Thomas, becoming mentally tough starts with not getting comfortable. Once you become comfortable in your life, you’re no longer going to go after your dreams. You’ll feel content with where you are and won’t want to push further. Your goal should be to improve each day, even if it’s only a small amount.

You must believe wholeheartedly in your dreams. Thomas said that he never talks to anyone before 1pm who aren’t 120% all in on their dreams. This allows you to get unnecessary negativity out of your life. There are millions of people who want to become successful but aren’t, why? Because they didn’t give everything to achieve their dreams.

To become more mentally tough in your life, it starts with changing your routine. If you can get up each morning at the same time, including weekends, you will become mentally tougher, it’s a given. I recommend checking out the book, Miracle Morning. This book is a great start to creating a morning routine for yourself.

The last thing Thomas said is where you put your focus, energy flows. If you think you can’t do something, then you’ll never be able to. But if you put your focus on achieving a desired outcome and will stop at nothing to achieve that outcome, then you’ll eventually achieve it.

4. Ben Newman

According to Ben Newman, becoming mentally tough starts with changing how you think. Ben has worked with numerous athletes and can attest on first hand that they can’t rely solely on their talents. Having talent can only take you so far.

To change the way you think starts with re-framing your mindset. If you’re up against a competitor whether in business or in sports, are you going to give up even if they’ve always been better than you? You shouldn’t because that’s what losers do.

Being from New England, it breaks my heart, but do you think the 2007 New York Giants thought that they couldn’t beat the Patriots even though they already lost previously in the season? They didn’t; they were mentally ready and didn’t count themselves out, no matter the opponent.

Start to focus on solutions instead of problems. People complain all the time but aren’t willing to find a solution. Why? Because it’s easier to complain than find a solution. If you want to become mentally tough, you can’t be like most people. You need to become a rare breed. You must be someone who no matter how much adversity they face will continue to take on the fight.

“The best way to reclaim your dignity is to act rationally and treat yourself lovingly. Do not self-destruct.” – Ben Newman

5. Patrick Bet-David

According to Patrick Bet-David, becoming mentally tough starts with taming the voices inside your head. All of us, it doesn’t matter who you are, each have good and bad voices inside of us. To become mentally tough, you need to block out the bad voice. When you can sense it arising inside of you, you need to push through. That’s the only way you will defeat that negative voice.

Bet-David would say that each of us needs a purpose. When you don’t have a purpose, there’s no chance of you becoming mentally tough. You’ll give into every day temptations and call it quits when you could’ve kept pushing. Developing mental toughness means you push yourself further than even what you thought was possible.

The last piece of advice Bet-David had was to think about how you’ll feel if you don’t go after your dreams? Will you be happy twenty years from now knowing you didn’t follow your dreams? It’ll be quite the contrary. You have the option and choices each day to determine how your life will be and mental toughness will help guide you.

Mental toughness is the essential quality in those who are successful and unsuccessful. Due to this, tell us how you develop this unstoppable mindset? Let us know in the comments below!

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5 Reasons Your Business Is Failing and How to Relight the Fire Under You

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Are you stuck in a rut with your business or your life? Are you wondering what could be causing this feeling of being stuck? It’s so common for people in this day and age to feel comfortable, and stop pushing themselves, so how do we jumpstart our lives and get moving again?

Here are 5 steps to help light a fire under you, and get you moving towards your goals again:

1. Lack of Vision

Before you started your business, it was just an idea, a thought in your head that seemed impossible. As you put time and effort into this idea, it was within reach, and now you have it. But what happens next? You made it to where you wanted to and now there is nowhere else to go. This is not true though because although you have reached your vision, it doesn’t mean you can’t think even bigger.

A lot of businesses stop growing because the people who run them don’t know what to do after they reach their goals. Instead of being happy you reached your goal, set new ones. Think bigger until your company has reached a level that you are comfortable leaving and letting someone else run it.

2. Lack of Why

Do you remember why you started your company? If not, how do you think you can keep your company moving forward? Start by thinking back to when you first started your business and try to remember why you wanted to start. Now that you have your original reasons for starting the company, check off how many of those you fulfilled and how many you can still work on.

Now think with everything that your business has given you, what do you want your business to stand for moving forward? Do you want your company to make you money, make a difference, or change the world? Whatever you want your company to be doing, as long as you have a reason for keeping your company going.

“The purpose of life is a life of purpose.” – Robert Byrne

3. No Accountability

Do you have a ton of good ideas but can never follow through? Perhaps, you aren’t being held accountable! You need to follow through with what you say. If you continuously say you are going to expand your business, network, or even something as small as getting employees lunch and don’t do it, no one is going to trust your word. If people can’t trust your word, how can they trust your business to get the job done? Start by getting an accountability buddy, coach, or even setting consequences for yourself.

4. Low Standards

People can have low standards in almost everything; places to live, relationships, and even business. If you can’t hold your product, customer service, and reputation to a certain standard, people won’t want to work with you or buy your products. Why would you want to go somewhere, or work with someone, who doesn’t hold themselves to a standard that reflects their work ethic?  

Having low standards can be a symptom of a lack of vision as well. When you can’t imagine what you want your business to look like, how can you hold yourself to a higher standard? So We can hold ourselves to a higher standard by knowing what our time is worth and realizing how much we are investing into a product or client.

If you are spending an hour on something, will your hour be worth 10 dollars or 100? How much effort you put into that specific project will reflect how much you get out of it thus as you understand the value of your time, your standards will rise.

5. No Passion or Pain

What pushes your business?  Are you driven by your passion, or are you being pushed by the pain or pressure? When we are put under pressure, it is amazing what people can do, and when people are passionate about something, many put as much as they can into what they are working on.

Yet, when we start to get comfortable or start to lose the passion we once had, we start to stand still. We begin to not move forward, so why would our business move forward?

Reigniting your passion can be tricky. Try and remember what gave you the initial push to start your passion, and consider what you are passionate about now. Putting the pressure on is as simple as setting a goal, calling up your accountability buddy and setting real consequences for yourself.

“If everyone is moving forward together, then success takes care of itself.” – Henry Ford

Will you let your business sit stagnant any longer, or will you reinvent your vision, find a why, hold yourself accountable, raise your standards, and reignite your passions? Getting your business and your life to move forward is something that you have to put effort into every day. If you want to succeed, you will have to keep pushing yourself and move forward every day.

How do you push yourself in tough times? Let us know by commenting below!

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5 Commandments You Need to Follow to Build Your Freelance Business

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For all the freelancers reading this article right now, there are some steps to success you can take to create a profitable freelance company for yourself.

Being a freelancer comes with many perks. You get to enjoy the freedom of working from home all while setting your own schedule. You also get to pick your own clients and choose your desired rate of pay. Freelancing is a beautiful thing, especially when you’re the go-to expert in your industry.

While some freelancers can expect a feast or famine type of business model – where you’re making great money one month and not so great the next – there are certain tasks you should take upon yourself to ensure your success each month.

If you want to build your freelance business, these are the 5 commandments you should be focused on:

1. Acquire Testimonials After Every Job

What’s your most important job? It’s the one where your last customer was so happy they told people about you. Knowing this, each job should be equally important in your business. When you perform outstanding work for a client, don’t be shy, ask for a testimonial.

Have a page set up on your website where they can tell the world how great you are. If you don’t have a page specifically set up for this, you can grab these testimonials in different ways.

You already know testimonials are an important aspect of your business. However, what you may not know is how powerful word of mouth is for your company. A study done in 2014 revealed an astounding 75% of freelance jobs comes from word of mouth.

Your client has colleagues and friends they can share your greatness with. Every successful freelancer will glean these testimonials from their clients and make sure to refer their friends and co-workers back to their business.

2. Be Available As Much As Possible

You want to get the jobs you want? Be there when they come available. Aside from word of mouth and grabbing jobs from the people you know, you can also create expertise about yourself in freelance platforms like Upwork, oDesk, Freelancer, and others like this.

There are always places to go to find jobs online. Not only should you be available for more work to fill your time with, you should also remember the clients you still have and make yourself available for their needs as well. It’s important to keep your current clients happy and when they need you for a rush job, make sure you are there for them.

“A satisfied customer is the best business strategy of all.” – Michael LeBoeuf

3. Be a Communication Machine

Not only should you make yourself available, you should also make yourself accessible. It’s no fun for your clients to have to track you down in order to get an update or ask for more work to be done.

Nathan Hirsch, co-founder and CEO of the FreeeUp freelancer hiring marketplace, says one of the reasons most freelancers lose jobs is because the freelancer was nowhere to be found. It’s important to remember to share every contact detail you have with your clients so you both can work well together.

Successful freelancers have these tools in their portfolio:

  • WhatsApp
  • Viber
  • Skype
  • Phone
  • Email
  • Slack
  • Asana
  • ClearVoice

With a mix of communication tools at your disposal, even if you’re away from your desk, your client should still be able to get your attention within the span of 30 minutes or less.

4. Extend Your Expertise Through Others

While most freelancers are happy with keeping busy with the clients they have, freelancers who want to build their businesses will take advantage of every talent they come across.

For example, you may be an expert in the social marketing industry, but you keep getting stray clients from the search engine optimization industry. Just because you don’t have the expertise to complete the job doesn’t mean you have to send them away since you can use other freelancers. This is where contracting work comes into play and it can help your overall reach in your business.

Over time, you will come into contact with other freelancers who have multiple talents you do not have yourself. When a job comes your way in which you have no experience in, reach out to someone who does and split the profits.

While this is a whole different ball game for freelancers to pursue, it can become very lucrative if you understand what to do. First, build a community of freelance experts. You can do this easily by setting up a Facebook group. I personally set up a freelance writing group on Facebook and, in the span of 2 months, have added 3,000+ new writers into the space. Here we discuss best strategies, recommend our friends for freelance jobs, and make each other better through discussion.

5. Stay On Track With Taxes

I know this isn’t something you want to think about at the moment, but in April it will come up again. It’s relevant to have something in place to help you regulate the money which you have acquired over the past year with your freelance business.

99designs explains how the government will be taking a percentage of your income out in taxes. In order to prepare for this, they have wisely suggested putting back your governmental portion each month in a savings.

You have to run your freelance operations like a business. While taking care of taxes and fees aren’t something you dream of doing, it is something you need to adjust for because the time will come to pay the piper and you must be prepared.

Take some time and research other tax preparations for freelancers so you won’t be caught with any surprises at the end of the year. In fact, this part plays a huge role in building your freelance company. You want to be able to have a working budget after the government takes their part.

Are You Ready?

In order to create a profitable freelance business you need to be able to stand on the foundational principles of those freelancers who have gone before you and succeeded. This, and your own creativity and imagination can push you towards your goals of success. Don’t fall trap to the “always famine” idea of a freelancer by using these 5 commandments to nurture your business model.

What are some ways you have built your business? Let us know by commenting below!

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Social Media Is Killing Your Success: 3 Ways You Can Use it to Your Advantage

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I love social media. It can help you make friends, share your life, build a network, and even build a business. In the same token, social media can easily become an enemy of success as a hindrance and consumer of attention. (more…)

I used to be homeless and now run a six figure business with my partner and travel the world. My journey to help those in need has taken me from non-profit director to supporting holistic entrepreneurs have a life of freedom. I run the Thriving Launch Podcast, which features the most influential leaders in the areas of love, spirituality, business, and success. It's my mission to help heart-centered entrepreneurs get their message heard. Learn more on at my website ThrivingLaunch.com (http://www.thrivinglaunch.com/)

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7 Comments

7 Comments

  1. Pedro Sánchez de la Nieta

    Apr 6, 2016 at 11:11 am

    Hello Paul,

    I loved your article! The truth is that I really felt identified with the tips that you mention … It’s not easy to take the first steps from the moment you have an idea until it is done and there are always barriers and limitations (external or the ones you put by yourself). But still, the entrepreneurship is a very nice adventure. Even more so when you believe very much in your idea and if you are lucky and work hard, you’ll succeed.

    I’m just at the end of this road, where I am carrying out an idea and working hard for it to become a success. I have the help of a small team and we are trying to make it our way of living, although it’s not easy … We will continue reading articles like yours to motivate us!

    Thank you very much!
    All the best,

  2. Jim LaValley

    Apr 5, 2016 at 1:23 pm

    I completely resonate with #1. For my venture now, I have done the first three and am now tackling #4 but it is #5 that I am afraid of. Thanks for the article!

    • Paul Galbreath

      Apr 5, 2016 at 5:41 pm

      Hi Jim,

      Good news, you’re never really done with #5!

      I mean… yes…. you have to finish things, but they”re actually just smaller pieces of a much bigger puzzle! There is always something that you have to continue to work toward completing to move the entire enterprise forward!

      For myself publishing an article on a publication such as this was a goal I needed to achieve to continue growing. This has been accomplished with this article right here. Great, I can celebrate for a few minutes.

      Doing the work always continues even when you finish projects! Good luck to ya!

  3. Paul Galbreath

    Apr 2, 2016 at 4:40 am

    Eli, I have been in that situation. The ideas will come and most will go. Just be ready to put in the work and complete projects to move forward once you get serious about an idea!

  4. Eli Seekins

    Apr 1, 2016 at 8:54 pm

    What honest and straightforward advice for upping your game. These are all lessons I’ve been learning lately and have thought about a lot. Especially #1. I always have loads of great ideas that I get excited about and love to talk about, but just because I have an idea doesn’t mean I’m always going to follow through with it. Sometime an idea is just an idea. Other people see that and think of it as failure, and that can make you feel foolish.

  5. Paul Galbreath

    Apr 1, 2016 at 3:15 pm

    Thanks for the comment Lawrence! I would agree.

    I have done both in regards to telling people what I’m working on. If what you’re working on doesn’t come to fruition too many times, even if due to legitimate reasons, people tend to become leery of you seeing something until completion.

    With this latest venture, there are a trusted few from whom I get feedback from that know what I’m working on. Everyone else is in the dark until something is completed. I can tell you it’s fun to tell people what you’re doing, but much more gratifying showing people what you have done!

  6. Lawrence Berry

    Apr 1, 2016 at 2:13 pm

    This was very interesting, especially the first one; Dont tell anyone about your ideas. I actually like that idea because I have felt my self tell people about my ideas, and sometimes the idea may not fall through and I feel like a fool. Getting deep enough into an, knowing that you are not going to turn back is a good way from feeling like that.

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Case in Point: Creativity Is a Good Drug for Entrepreneurs

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In today’s era, the production and exportation of varied products to international markets are growing bigger, all thanks to the excessive industrialization and globalization that enfold multiple industries. It makes it easy for people to access products whenever and wherever. As for consumers, they now have access to different kinds of products in different types and quality ranges.

To such a great extent, what should an entrepreneur like you, do in a market bombarded with a myriad of products? How will you supply and manufacture a product in markets filled with so many choices to choose from and with consumers who already have their trusted preferences?

A creative mind can answer all of these questions. Creativity aids you on how to ameliorate your existing business practices. A brand might be popular among the consumers and well-established, but there will always be room for improvements and corporate lessons for them. The power of creativity will help you come up with unique ideas and deliver innovation into existing practices.

So, What’s In it For Entrepreneurs?

There’s a lot of people who correlate creativity with self-expression and a product of inadequate restraint which may have the ability to bring chaos. Leadership, on the other hand, is all about control and order. It’s probably the reason why most people perceive entrepreneurship and creativity as a fickle combination.

If you’re one of those entrepreneurs who think that it only takes number-crunching and practicality skills to run a business successfully, you better think again! Take heed that creative thinking is a significant factor in good business acumen. The absence of creativity may lead or put your business in a stagnant mode.

In fact, the study conducted by Adobe and Forrester Consulting reveals that 82% of companies in the U.S believe that there’s a strong connection between business results and creativity. Furthermore, companies who actively advocate for creativity perform better than their competitor regarding competitive leadership, market share and revenue growth.

Still doubtful? The following 5 reasons explain why creativity is a good drug for entrepreneurs:

1. It Cultivates Innovation

When you conjure something and attach your name to it, you want to assure that it doesn’t only justify the expectations of customers, but also outdo them. You need to be careful and guarantee your product or service will be useful.

While it’s difficult to see this from the beginning, things will get clear once the sequential steps unfold and the idea is starting to materialize. It is the phase where you’ll realize the difference between innovation and invention.

A unique idea is an invention itself, but a unique and serviceable idea is an innovation. If you want to innovate, you need to look at the same thing differently and be creative. All of these will help you combine usefulness into a unique idea.

2. It Leads to High Success Rate

We always carry the belief that we’ll survive different life battles through intelligent thinking. But it’s not until we grow old when we realize although intelligence is a crucial quality, we need to possess creativity also as a necessity.

However, one sad fact remains – most businesses and educational institutes still put more weight on intelligence in comparison to creativity. Perhaps, it could be because intelligence is easier to manage and measure, while the latter is hard to spot.

There’s good news though. The trends are changing, and many companies finally discern that they need creative people to grow their empire.

“Happiness lies in the joy of achievement and the thrill of creative effort.” – Franklin D. Roosevelt

3. It Encourages People to Think

We’re now living in a world where creative problem solving is becoming one of the best ways to alleviate organizational issues. Creative problem solving works best when you have a highly-focused and disciplined ways of thinking.

Humans by nature have two modes of thinking, namely: convergent and divergent. We can either do one or both modes.

Convergent thinking is a highly analytical mode and aims to conjure a precise solution for a particular problem. The best examples of convergent mediums are computer systems, mathematical and accounting software and other data sources that yield accurate results.

On the other hand, divergent thinking is a mode that develops creativity through considering different possible solutions for the same problem. To make sure that your company gets the best resolution, you need to incorporate both modes of thinking by giving attention to divergent pathways.

4. It Harnesses An Employee’s Potential

Organizations can only utilize half of their employees’ potential if they don’t encourage them to be creative. It’s just fortunate that employees now realize there’s a well of creative ideas and information that are untapped and dormant at all levels.

Tapping these resources may involve a complex process such as solving performance-related issues, creating new financial strategies, enhancing processes, making them more profitable and efficient, or innovating to stay on top of the competition.

5. It Can Be Developed

Although most people believe that creativity is innate, many see creativity as a renewable resource that you can learn and tap anytime. All of us are born with a thought process and creative potential which can develop and reinforce as we grow.

For instance, learning new skills or inculcating new hobbies is an excellent way to test and hone your inherent creative skills. It’s also an efficient way to teach your mind to think in such a way that leads to creative thinking.

“There are two ways to extend a business. Take inventory of what you’re good at and extend out from your skills. Or determine what your customers need and work backward, even if it requires learning new skills. Kindle is an example of working backward.” – Jeff Bezos

Gone are the days where entrepreneurs need to analyze and make decisions according to hard facts only. The most progressive leaders don’t just settle down on hiring creative people for their team, they also train to make themselves creative and harness more usefulness and novelty in their ideas. Hopefully, the reasons above are enough factors for you to give more emphasis to this aspect of entrepreneurship and upgrade your prospects and business acumen.

What makes you creative? Share with us some stories below as we want to hear them!

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Entrepreneurs

How to Build an Unstoppable Mindset According to These 5 Popular Entrepreneurs

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If you ask any of the top entrepreneurs, or any entrepreneur for that matter, they’ll tell you that the one quality you need to become successful is mental toughness. Becoming mentally tough is probably something you’ve already heard about before in your life. It’s something that seems easy, yet most people take it granted. They’d rather think about it than become it.

There’s a difference between thinking that you’re mentally tough and living mentally tough day in and day out.  Mental toughness will only get harder as you advance as an entrepreneur. There’s never an escape and either you’ll become a shield or it’ll knock you down and you won’t ever be able to recover.

When you think about the tough challenges in front of you today, they’ll seem super easy to overcome a year from now. But that only happens if you become mentally tough. You know you need to become mentally tough by now, yet it’s not enough to know without application of the process.

How exactly do you become mentally tough in your life? These 5 entrepreneurs and performance coaches share exactly what it takes to become mentally tough in your life:

1. Tony Robbins

According to Tony Robbins, becoming mentally stronger is like lifting weights. Over time, you will become stronger. No one starts off in the gym with an amazing physique because it happens over time.

However, becoming mentally stronger is more than just becoming stronger. It’s linking your pain and pleasure together. If you feel more pain than pleasure, you won’t perform an action. But if you derive pleasure from a certain action, then you’ll take action. The more action you take, the more mentally tough you’ll become.

Most people try to avoid pain. They’d rather live an average life than take risks which could bring them more pleasure. When you try to avoid pain, you’re not becoming mentally tough.

You need to stop and think about what’s stopping you from taking action? It’s almost always because you believe when you take that action you’ll receive more pain than pleasure. Your goal should be to take action even if there’s pain associated with that action, because that is how you become mentally stronger.

How do you think about procrastination? You’re giving up your mental freedom. You’re giving into pleasure because you only procrastinate when you want to avoid pain.

2. Grant Cardone

According to Grant Cardone, becoming mentally tough starts with having courage. Each and everyone one of us has the courage to live the best life possible but the majority of us don’t want to take advantage of it. Much like Robbins, we’d rather play it safe than absorb more pain in our life.

You already have courage. Because courage comes from the heart. It’s an innate instinct. If something was happening to your loved one, you’d get the courage real quick to rectify that situation. It’s there, you just have to harness the power on your own.

When you become mentally tough, you’re giving yourself the ability to risk it all. What happens if it doesn’t work out? Then you learn from it! It’s that simple, you don’t have to over-complicate it.

Do something today in spite of the fear you feel. Ask out that girl you’ve been thinking about or make the tough call you’ve been putting off. It’s these seemingly small actions you take each day that will allow you to become more mentally tough in your life.

As you continue to take more risks, you will be proud to be alive. You weren’t put here to live an average life. You were put here to take massive risks and live life to the fullest.

“Approach every situation with a whatever-it-takes-mindset.” – Grant Cardone

3. Eric Thomas

According to Eric Thomas, becoming mentally tough starts with not getting comfortable. Once you become comfortable in your life, you’re no longer going to go after your dreams. You’ll feel content with where you are and won’t want to push further. Your goal should be to improve each day, even if it’s only a small amount.

You must believe wholeheartedly in your dreams. Thomas said that he never talks to anyone before 1pm who aren’t 120% all in on their dreams. This allows you to get unnecessary negativity out of your life. There are millions of people who want to become successful but aren’t, why? Because they didn’t give everything to achieve their dreams.

To become more mentally tough in your life, it starts with changing your routine. If you can get up each morning at the same time, including weekends, you will become mentally tougher, it’s a given. I recommend checking out the book, Miracle Morning. This book is a great start to creating a morning routine for yourself.

The last thing Thomas said is where you put your focus, energy flows. If you think you can’t do something, then you’ll never be able to. But if you put your focus on achieving a desired outcome and will stop at nothing to achieve that outcome, then you’ll eventually achieve it.

4. Ben Newman

According to Ben Newman, becoming mentally tough starts with changing how you think. Ben has worked with numerous athletes and can attest on first hand that they can’t rely solely on their talents. Having talent can only take you so far.

To change the way you think starts with re-framing your mindset. If you’re up against a competitor whether in business or in sports, are you going to give up even if they’ve always been better than you? You shouldn’t because that’s what losers do.

Being from New England, it breaks my heart, but do you think the 2007 New York Giants thought that they couldn’t beat the Patriots even though they already lost previously in the season? They didn’t; they were mentally ready and didn’t count themselves out, no matter the opponent.

Start to focus on solutions instead of problems. People complain all the time but aren’t willing to find a solution. Why? Because it’s easier to complain than find a solution. If you want to become mentally tough, you can’t be like most people. You need to become a rare breed. You must be someone who no matter how much adversity they face will continue to take on the fight.

“The best way to reclaim your dignity is to act rationally and treat yourself lovingly. Do not self-destruct.” – Ben Newman

5. Patrick Bet-David

According to Patrick Bet-David, becoming mentally tough starts with taming the voices inside your head. All of us, it doesn’t matter who you are, each have good and bad voices inside of us. To become mentally tough, you need to block out the bad voice. When you can sense it arising inside of you, you need to push through. That’s the only way you will defeat that negative voice.

Bet-David would say that each of us needs a purpose. When you don’t have a purpose, there’s no chance of you becoming mentally tough. You’ll give into every day temptations and call it quits when you could’ve kept pushing. Developing mental toughness means you push yourself further than even what you thought was possible.

The last piece of advice Bet-David had was to think about how you’ll feel if you don’t go after your dreams? Will you be happy twenty years from now knowing you didn’t follow your dreams? It’ll be quite the contrary. You have the option and choices each day to determine how your life will be and mental toughness will help guide you.

Mental toughness is the essential quality in those who are successful and unsuccessful. Due to this, tell us how you develop this unstoppable mindset? Let us know in the comments below!

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5 Reasons Your Business Is Failing and How to Relight the Fire Under You

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Are you stuck in a rut with your business or your life? Are you wondering what could be causing this feeling of being stuck? It’s so common for people in this day and age to feel comfortable, and stop pushing themselves, so how do we jumpstart our lives and get moving again?

Here are 5 steps to help light a fire under you, and get you moving towards your goals again:

1. Lack of Vision

Before you started your business, it was just an idea, a thought in your head that seemed impossible. As you put time and effort into this idea, it was within reach, and now you have it. But what happens next? You made it to where you wanted to and now there is nowhere else to go. This is not true though because although you have reached your vision, it doesn’t mean you can’t think even bigger.

A lot of businesses stop growing because the people who run them don’t know what to do after they reach their goals. Instead of being happy you reached your goal, set new ones. Think bigger until your company has reached a level that you are comfortable leaving and letting someone else run it.

2. Lack of Why

Do you remember why you started your company? If not, how do you think you can keep your company moving forward? Start by thinking back to when you first started your business and try to remember why you wanted to start. Now that you have your original reasons for starting the company, check off how many of those you fulfilled and how many you can still work on.

Now think with everything that your business has given you, what do you want your business to stand for moving forward? Do you want your company to make you money, make a difference, or change the world? Whatever you want your company to be doing, as long as you have a reason for keeping your company going.

“The purpose of life is a life of purpose.” – Robert Byrne

3. No Accountability

Do you have a ton of good ideas but can never follow through? Perhaps, you aren’t being held accountable! You need to follow through with what you say. If you continuously say you are going to expand your business, network, or even something as small as getting employees lunch and don’t do it, no one is going to trust your word. If people can’t trust your word, how can they trust your business to get the job done? Start by getting an accountability buddy, coach, or even setting consequences for yourself.

4. Low Standards

People can have low standards in almost everything; places to live, relationships, and even business. If you can’t hold your product, customer service, and reputation to a certain standard, people won’t want to work with you or buy your products. Why would you want to go somewhere, or work with someone, who doesn’t hold themselves to a standard that reflects their work ethic?  

Having low standards can be a symptom of a lack of vision as well. When you can’t imagine what you want your business to look like, how can you hold yourself to a higher standard? So We can hold ourselves to a higher standard by knowing what our time is worth and realizing how much we are investing into a product or client.

If you are spending an hour on something, will your hour be worth 10 dollars or 100? How much effort you put into that specific project will reflect how much you get out of it thus as you understand the value of your time, your standards will rise.

5. No Passion or Pain

What pushes your business?  Are you driven by your passion, or are you being pushed by the pain or pressure? When we are put under pressure, it is amazing what people can do, and when people are passionate about something, many put as much as they can into what they are working on.

Yet, when we start to get comfortable or start to lose the passion we once had, we start to stand still. We begin to not move forward, so why would our business move forward?

Reigniting your passion can be tricky. Try and remember what gave you the initial push to start your passion, and consider what you are passionate about now. Putting the pressure on is as simple as setting a goal, calling up your accountability buddy and setting real consequences for yourself.

“If everyone is moving forward together, then success takes care of itself.” – Henry Ford

Will you let your business sit stagnant any longer, or will you reinvent your vision, find a why, hold yourself accountable, raise your standards, and reignite your passions? Getting your business and your life to move forward is something that you have to put effort into every day. If you want to succeed, you will have to keep pushing yourself and move forward every day.

How do you push yourself in tough times? Let us know by commenting below!

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5 Commandments You Need to Follow to Build Your Freelance Business

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For all the freelancers reading this article right now, there are some steps to success you can take to create a profitable freelance company for yourself.

Being a freelancer comes with many perks. You get to enjoy the freedom of working from home all while setting your own schedule. You also get to pick your own clients and choose your desired rate of pay. Freelancing is a beautiful thing, especially when you’re the go-to expert in your industry.

While some freelancers can expect a feast or famine type of business model – where you’re making great money one month and not so great the next – there are certain tasks you should take upon yourself to ensure your success each month.

If you want to build your freelance business, these are the 5 commandments you should be focused on:

1. Acquire Testimonials After Every Job

What’s your most important job? It’s the one where your last customer was so happy they told people about you. Knowing this, each job should be equally important in your business. When you perform outstanding work for a client, don’t be shy, ask for a testimonial.

Have a page set up on your website where they can tell the world how great you are. If you don’t have a page specifically set up for this, you can grab these testimonials in different ways.

You already know testimonials are an important aspect of your business. However, what you may not know is how powerful word of mouth is for your company. A study done in 2014 revealed an astounding 75% of freelance jobs comes from word of mouth.

Your client has colleagues and friends they can share your greatness with. Every successful freelancer will glean these testimonials from their clients and make sure to refer their friends and co-workers back to their business.

2. Be Available As Much As Possible

You want to get the jobs you want? Be there when they come available. Aside from word of mouth and grabbing jobs from the people you know, you can also create expertise about yourself in freelance platforms like Upwork, oDesk, Freelancer, and others like this.

There are always places to go to find jobs online. Not only should you be available for more work to fill your time with, you should also remember the clients you still have and make yourself available for their needs as well. It’s important to keep your current clients happy and when they need you for a rush job, make sure you are there for them.

“A satisfied customer is the best business strategy of all.” – Michael LeBoeuf

3. Be a Communication Machine

Not only should you make yourself available, you should also make yourself accessible. It’s no fun for your clients to have to track you down in order to get an update or ask for more work to be done.

Nathan Hirsch, co-founder and CEO of the FreeeUp freelancer hiring marketplace, says one of the reasons most freelancers lose jobs is because the freelancer was nowhere to be found. It’s important to remember to share every contact detail you have with your clients so you both can work well together.

Successful freelancers have these tools in their portfolio:

  • WhatsApp
  • Viber
  • Skype
  • Phone
  • Email
  • Slack
  • Asana
  • ClearVoice

With a mix of communication tools at your disposal, even if you’re away from your desk, your client should still be able to get your attention within the span of 30 minutes or less.

4. Extend Your Expertise Through Others

While most freelancers are happy with keeping busy with the clients they have, freelancers who want to build their businesses will take advantage of every talent they come across.

For example, you may be an expert in the social marketing industry, but you keep getting stray clients from the search engine optimization industry. Just because you don’t have the expertise to complete the job doesn’t mean you have to send them away since you can use other freelancers. This is where contracting work comes into play and it can help your overall reach in your business.

Over time, you will come into contact with other freelancers who have multiple talents you do not have yourself. When a job comes your way in which you have no experience in, reach out to someone who does and split the profits.

While this is a whole different ball game for freelancers to pursue, it can become very lucrative if you understand what to do. First, build a community of freelance experts. You can do this easily by setting up a Facebook group. I personally set up a freelance writing group on Facebook and, in the span of 2 months, have added 3,000+ new writers into the space. Here we discuss best strategies, recommend our friends for freelance jobs, and make each other better through discussion.

5. Stay On Track With Taxes

I know this isn’t something you want to think about at the moment, but in April it will come up again. It’s relevant to have something in place to help you regulate the money which you have acquired over the past year with your freelance business.

99designs explains how the government will be taking a percentage of your income out in taxes. In order to prepare for this, they have wisely suggested putting back your governmental portion each month in a savings.

You have to run your freelance operations like a business. While taking care of taxes and fees aren’t something you dream of doing, it is something you need to adjust for because the time will come to pay the piper and you must be prepared.

Take some time and research other tax preparations for freelancers so you won’t be caught with any surprises at the end of the year. In fact, this part plays a huge role in building your freelance company. You want to be able to have a working budget after the government takes their part.

Are You Ready?

In order to create a profitable freelance business you need to be able to stand on the foundational principles of those freelancers who have gone before you and succeeded. This, and your own creativity and imagination can push you towards your goals of success. Don’t fall trap to the “always famine” idea of a freelancer by using these 5 commandments to nurture your business model.

What are some ways you have built your business? Let us know by commenting below!

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