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3 Reasons Why You Should Stop Telling All Your Friends To Become An Entrepreneur

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Entrepreneur Friends Shouldnt All So Business

Going back as far as high school, I lusted after the idea of doing my own thing. The problem was I had no clue how that would work our, or what I would do. I worked a tonne of odd jobs, and even the casual retail job from the age of 16 until I was 23. I joke about having a long resume of 2-month work stints, but it’s the truth.

Over time I learned that working a 9-to-5 simply wasn’t for me. As a result, I started my entrepreneurial journey.

I remember my last day at the call center job I had, and setting up a plan to succeed in my small university apartment on the first Saturday I had off in months. That was the beginning of what has been a very rewarding and challenging roller coaster ride. I always knew the decisions I made were the right ones, but something else, while not always super obvious, has been evident.

I am cut out for entrepreneurship because of various traits I possess.

I enjoy sales. I don’t mind a somewhat unstable income (at least when getting started). I like solving problems, and dealing with people. I have a deep appreciation for my personal freedom that comes from being able to determine my own schedule, and projects. I’m willing to live with less, and forgo some of the American ideals my peers are experiencing (having kids, buying cars and houses, etc) to make things work for me.

I’ve made these choices due to what makes sense to me as an individual.

I’m often asked how I got started, or what I did to get where I am, but once I begin to explain how, and what’s involved, some people are turned off.

In the past, I tried to talk my friends into starting a business, but I soon learned it’s mostly a waste of breath. But not because my advice wasn’t good, but simply because those people just aren’t cut out for this life.

And there’s nothing wrong with that. In fact, it’s perfectly normal.

I’ll be the first to admit it. Many entrepreneurs are crazy and many of us think our way is the ONLY way.

In reality, there are many paths to the same destination, but when you get from point A to point B in a manner that only makes sense to you, it seems like it’s the only way.

As a result, you might find yourself proselytizing to all your friends about how they should do it too, even if they have no interest or are scared stiff.

And that’s why I wrote this article — for all you go-getters who tell everyone to become an entrepreneur, you might ought to stick a sock in it.

 

1. Entrepreneurship Requires A Certain Personality Type

Many of us who enjoy this lifestyle are a bit eclectic. Some may even call us mad. I wouldn’t argue with them, and I’ll be first to admit to my fair share of manic episodes (just go read my Twitter stream). The up’s and down’s of this lifestyle are reserved for those who can handle it.

One month’s earnings can be amazing while the next month’s are next to nothing. If that phases you, I’d highly advise rethinking your decisions around working for yourself.

This life is about being a self-starter. I hate that title, but it’s the truth.

In my many job interviews, that was a key question –

“Would you consider yourself a self-starter?”

Every time I heard that I wanted to rip my eyeballs out and say “What do you think? I’m sitting here in a cheap pair of slacks, and a shirt my mom ironed in order to impress and convince you to give me 9 dollars per hour for making sandwiches and sweeping the floor.

A self-starter is someone who can figure out what they need to do, and begin doing it – at times without a fully developed plan. It’s someone who takes immediate action, and asks questions later.

If you’re not willing to work long hours (at least in the beginning), it’s probably not for you.

If you don’t get excited about the journey of reaching new heights, I wouldn’t sign up for this gig.

 

2. It’s Not As Easy As It Seems

Some of my friends would ask me about what I’m doing. When I’d explain my work day, and what’s involved, a very common remark is “your life is so easy! You’re lucky! I wish I could get paid to sit at home and run a website.

Now I will admit I’m lucky in the sense that I made certain decisions, and had certain people in my life who were instrumental in making those decisions, but none of this is easy.

In fact, I hate telling people what I do because it makes conversations awkward. I can’t relate to most people’s problems they have with coworkers, bosses, and rigours of waking up at 7 a.m. to catch the train.

On the outside, it seems glorious, but for those of us who’ve taken the plunge, it’s far from that life.

The mind of someone making their own way is a chaotic whirlwind at times. Everyone has their high’s and low’s but I imagine those of an entrepreneur are more pronounced.

Tim Ferriss said it best in his article “Productivity” Tricks for the Neurotic, Manic-Depressive, and Crazy (Like Me): “Most “superheroes” are nothing of the sort. They’re weird, neurotic creatures who do big things DESPITE lots of self-defeating habits and self-talk.”

But most everyone only sees is the outwardly productive and seemingly normal side of an entrepreneur.

They don’t see them dreading a project, or putting off client work due to fear of not doing it well enough. Or being burned out. Or dealing with depression and avoiding the therapist.

They don’t see them eating ice cream for breakfast and playing Grand Theft Auto: Vice City on his PS2 at 6am for 3 hours on the day a major project must be done

Talk about anxiety one can create for themselves through procrastination… but this is a normal part of life for most of us.

It’s a constant push/pull between extremes. One month, everything seems to be going great. You’re making money, sleeping well, and routinely socializing. The next month, you’re skimping on deadlines, moving your to-do list back a day, and wondering if it would be easier to go work at the Buckle… at least you don’t have to worry about setting your calendar, right?

 

3. It Won’t Make Sense To Everyone

We need people to work at the grocery store. We need people to work in factories that manufacture our eye glasses and clothes, and packages our food.

We need school teachers, and mechanics. We need librarians, and video game store clerks.

Not every single person can do their own thing. Plus, not everyone wants to. The demands of someone starting a business are much different from those who are working for the business.

Some people have a talent for management, organization, attaching soles to shoes. Some of them don’t wish to do anything else. So what?

Something I detest is trying to explain to someone who simply wants to work at their job why they should go out on their own.

Maybe they don’t care about doing something on their own… Maybe they actually like their job (newsflash: not everyone hates their jobs like I did). Maybe their profession allows them the money they need and the time to spend with their family.

They’re not us, and that’s okay.

Look on the bright side. While you may be enthusiastic about the decisions you made for yourself, many others might not be as interested. Save your energy and spend it on making yourself and business better.

 

 

Feature Image Photography by Fred Othero

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17 Comments

17 Comments

  1. albertino

    Jul 9, 2016 at 5:02 am

    Trying to persuade friends to become entrepreneurs is like persuading a loved one who doesn’t know how to swim to jump into the ocean. It will sound very wicked to them. Instead of wasting my precious time in persuading anyone to do their own thing, I rather encourage them to be good at what they do while I concentrate on my own madness’

  2. Sarah Como

    Jul 13, 2014 at 6:54 pm

    I totally relate to this article. I finally tried to stop convincing others to become entrepreneurs. However, I still struggle when it comes to my husband. He’s not comfortable with the uncertainty and does not have an entrepreneurial mindset. He encourages me to go for it but can’t relate.

  3. Nate Ginsburg

    Apr 29, 2014 at 1:36 pm

    Great article man! I’m gearing up for a trip back home and have been thinking about what it will be like to hang out with my old friends/crowd opposed to the SE Asia crew. I’ve also learned that it’s best not to preach.. You’re right, the life isn’t for everyone.

  4. mindsetofmark

    Apr 16, 2014 at 6:36 pm

    Thank for you this amazing article. For the past few months of building my business, I ran into this wall and what you wrote describe exactly what I’ve been pondering about for the past few months, I realize I had learn so much from the pursuit of entrepreneurship and I see what it’s like out there for people who wants to settle for a job, I didn’t think it was fair for people to settle for a life of working for someone else, I cared so much about my friends I was trying to convince them that a job is not going to fill the dreams and goals you want to achieve. I had no’s and rejections and I took it personally because I had such strong belief that they would see what I see. After a few more months of growth and struggle, I definitely realize what I chose to do is not for anyone and that the friends I talked to wouldn’t even last a few weeks doing what I do, I became more aware of the things that an entrepreneur must go through that an employee will never experience in their lifetime.That is why only so few people choose this path, what an amazing insight indeed. Thank you so much JC.

  5. dotchamou

    Apr 14, 2014 at 2:35 pm

    By the time I was in high school I knew that I will never, never work
    as an employee in my life. In my country, Benin (west Africa) the rate of
    unemployement is too high. So the solution of unemployement for me is
    that every student and school boy must be an entrepreneur. So, by the time I leave
    university, I create a little business, the business grow a
    little. That business enable me to pay my rent and to feed myself. By that
    time, most of my friends who didn’t become ‘’entrepreneur’’ like me were
    jobless and were very broke. Even though I did’nt have enough money, they
    admired me and congratulated me of being an “entrepreneur’’. About four
    years later, my little business collapsed and everything fell apart in my life. I lose my
    business and my money.I become very broke. That is a starting point of a
    very, very hard and miserable life for me .I cannot pay my rent, I am in deep debt ,
    I cannot find money to eat. My electricity and water was cut because I cannot pay my bills
    By that time when I fell in misery, most of friends have
    found a job, they started enjoying a ‘’good life’’ (life of security) .They started telling me that:
    “ Yes, we know that, being an entrepreneur is very dangerous and too
    risky, that is why we didn’t follow you in that path. Look, today we have a secure
    job. We are protected by the government. We don’t have much money but we
    have what we need, try to find a job like we do, and forget your idea of being
    your own boss”. I stretch my head and I said to myself,’’I will comeback,
    My coming back will be greater than what I lose”.
    So, most people will never share and accept to be an entrepreneur, most people want security instead of adventure. I‘m still on my journey of being an
    antrepreneur. The journey is hard but it is full of pleasures,tears and lessons.
    I commit to be an antrepreneur. Nothing can stop me on that journey.I make for myself this words of Donald Trump,’’NEVER GIVE up’’,’NEVER QUIT’ Thank you for your attention.

    • alok

      Oct 23, 2014 at 4:37 pm

      my dearest friend you are amazing more than the definition of amazing . You are the tiny ray of hope amidst the darkest of darkest gloom not only in my life but to the millions of people all are around the world. 1000 MILLION THANKS TO YOU.
      I AM DEEPLY TOUCHED AND TRANSCENDED BT YOUR INSPIRING WORDS.

  6. oscar

    Apr 11, 2014 at 7:08 pm

    Man I totally feel yah, there is only so much we can do for our friends, most people don’t see what we see with this odd lifestyle we acquire to be different in a sense.

  7. George

    Apr 10, 2014 at 11:45 am

    This is perfect. Eventually we all take a different path as our friends create their careers and you create your own, it seems so obvious that different people are gonna want to pursue different jobs.

    This was me at first. I loved the idea of doing it myself, I understood it would be harder than getting a normal job, but to be able to watch something grow from the very beginning sounded a lot more interesting than getting paid to sell sneakers.

    Then I thought, wow this would be so much better if my friends would join me too. Because of what I do, I have different schedules than my friends. When they’re all out late at night drinking, I’m at home sleeping or on my computer.

    It’s not that I want to be out partying, but when a lot of the work I do is at home on my computer, it’s easy for me to miss my friends and wanting to see what they’re up to, working together sounds like an easy solution.

    But the truth is, people want different things. Some people look at me starting a website and think it’s boring, unrealistic and downright dumb. Maybe they’re right. Maybe we’re the weird ones who find working on the internet actually exciting.

    Oh, well. Salute to all you fellow weirdos!

  8. Koko

    Apr 10, 2014 at 8:28 am

    Wow … actually I find myself in the position of reconsidering my friends to start their own thing way too often. I even abandoned some of my friends because they were dragging me down to the level of no-enthusiasm towards work. However, now I think I won’t do the persuading stuff to my friends anymore.

  9. Mike Sutton - BeBuildHave.com

    Apr 10, 2014 at 4:10 am

    I agree with all 3 points, but I also think career employment as option #1 is on it’s way out. Entrepreneurship is a reality of the new economy and will be the only option for more and more people, so we need to find a way to support, train, and develop those skills in people who aren’t “naturals”.

    • JuiCy™ (@JCDFitness)

      Apr 28, 2014 at 6:08 pm

      I disagree. If everyone were an entrepreneur, who would do the meaningless work? Who would run the errands? Who would make my coffee at the local cafe?

      Who would serve me a steak? Who would make sure my cell phone is working correctly when I have trouble with service?

      • Patrice K. Cokley, MBA

        May 2, 2014 at 6:23 pm

        I couldn’t agree with you more! I’m always having this discussion with someone. Although doing meaningless work is not for us, it is something that needs to be done. Entrepreneurship isn’t for everyone. So I’m ok with people settling in their lives. As long as they’re not trying to talk me out of my goals, I’m fine. Thanks for this post! It came right on time.

  10. Dano

    Apr 9, 2014 at 3:19 pm

    Cool story bro. But do you even lift?

  11. Andy

    Apr 9, 2014 at 9:21 am

    Perfect time for this article. I had an argument with my wife last night about issues I am experiencing and she just didn’t get it. She never will either and it’s not a bad thing.

  12. Naomi@business start ups

    Apr 8, 2014 at 8:55 pm

    Hi JC,

    I feel like you hacked my brain. I couldn’t agree more.

    When I first became self employed and earning well, I thought to myself ‘why would people NOT want to do this’. I have tell all my friends and family!

    But in reality although most people lust after the lifestyle they haven’t really got what it takes. They don’t want to work weekends, in the evenings and need a boss to be accountable too.

    They just can’t commit. I now realize this is OK. It’s their choice, their life and everyone journey towards fulfillment and happiness is completely different and doesn’t have to follow mine.

    Great post and scarily close to my own thoughts!

    Naomi

    • JuiCy™ (@JCDFitness)

      Apr 8, 2014 at 10:26 pm

      Thanks. Glad it resonated – I imagined it would with others paving their own path.

  13. Emily Filloramo

    Apr 8, 2014 at 5:31 pm

    JC, I agree that it does take a certain personality to have the tenacity to work through all the fears and obstacles that naturally come up as an entrepreneur. When something great happens as a result of the hard work, it’s euphoric.

    The path to success is not a straight line, it’s full of zigzags. It’s not for the faint of heart.

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Entrepreneurs

3 Ways to Remove the Hustle From Your Business Through the Power of Automation

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If you’re anything like me, when building your business online you may see asking for help or taking short cuts as cheating. I can’t explain why but when I first launched my business online, I wanted so badly to be able to do everything for myself. It gave me more of a sense of achievement, and I worked many extra hours than I probably needed to trying to do everything myself.

The admin, content creation, marketing, prospecting, web design…I’m sure you get the picture. But it all came to a head when I would burn myself out time and time again. I kept hitting a wall where my business was concerned as there was only 1 of me and only limited hours in the day.

I got bored of the hustle and thought there must be a much simpler way to build and market a business online. Especially as I was a single mother, looking after my child when I wasn’t running a business single handedly. That’s when I discovered something that not only gave me back my freedom but also transformed my business, bringing in enough revenue within 8 weeks to enable me to leave the day job and become a work from home mum.

It was the power of automation!

I looked all around me as well at the other mum’s building their businesses online but desperately struggling to make ends meet and wearing themselves out. I knew there was a way to simplify my sales and business processes.

Here are my top 3 recommended tools to start removing the hustle from your business today:

1. Messenger marketing

I use Manychat which is a messenger marketing platform which enables you to market to your subscribers directly through Facebook messenger. The ways in which you can use this incredible technology is endless but I will name a few ways in which you can use this in your business.

Automate your sales process! You can build a sales funnel with a messenger bot that can take your prospects through a warm up sequence, build the relationship with them, showcase all of your products and services and even take payments on autopilot.

You can register people for online events or training sessions using your messenger bot, communicate with everyone simultaneously and provide any updates direct to their messenger.

Do you have a membership, team or group of people you need to communicate with? Create a messenger bot specifically for them to enable you to communicate with everyone directly at the same time with just 1 click of a button. Subscription messages can also be sent and scheduled in advance.

“The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.” – Bill Gates

2. Email marketing

Another form of digital marketing, email marketing has been around for some time but still very much has a place in today’s marketing world. You can use a lead page/landing page and an account with an email provider to automate all aspects of your sales process and communicate regularly with your subscribers.

Treat your list well, provide them with valuable content and you can build a tribe of loyal followers. If you match this with an ongoing ad campaign you have the ability to be making sales on autopilot.

Set your automation up and you can take your leads through your whole sales process and all the way up your product/service value ladder. If you sell digital products such as courses, this allows you to be earning a residual income whilst you sleep.

3. Automate your social media content

Zapier is the most incredible workflow automation tool I have ever come across. Allowing you to create automations between most apps that you can use online. For example, if you use spreadsheets, you can create a trigger every time a new entry is entered on your google sheet with an email address, they automatically get added to your mailing list and sent automated emails.

My favourite zap (an automation created between 2 apps) is between Trello and Buffer. You can connect both apps together in a seamless way which allows you to plan your social media content in Trello, write your content, set the date you wish the content to post, add an image and this will automatically send all of the information to your Buffer account and schedule the post for your social media accounts.

Even more incredible is that this system works across multiple platforms so you can use it to schedule content for Facebook, Twitter, Pinterest, LinkedIn and Instagram all at the same time.

“Automation and technology don’t cure behavioural ruts; they just create new instances of them.” – Kenneth Goldsmith

I can’t even begin to tell you how much my life has changed since implementing these into my business. In just 3 months my income increased by 500%. So it’s time to relax and start implementing some automation into that business of yours. The hustle is all a myth.

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5 Challenges New Entrepreneurs Will Face While Starting a Business

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Entrepreneurship is a field that comes with many obstacles and challenges. It’s important to be aware that sometimes it can be extremely difficult, especially for first-time entrepreneurs.

Before you launch your business, you need to be well equipped to face the challenges that’ll surely come your way. Mark Victor Hansen, Founder and Co-creator of the Chicken Soup for the Soul book series, said “You don’t become enormously successful without encountering a number of extremely challenging problems.”

Here are the 5 challenges that you are likely to face and how you can overcome them:

1. Lifestyle Change

The experiences of entrepreneurship will change you profoundly, from the way you think, to how you act, to your manner of living. You begin to realize you’re not getting enough sleep, have little time for yourself, can’t spend the same amount of time with friends, and you get complaints from people closest to you This is all because you’re putting most, if not all your energy and focus into running your business.

The solution, in order to sustain your passion, is to make some tough choices and identify your priorities. You’ll need to sacrifice much while you learn new things. You can start by organizing your day the night before, by creating a list of your activities for the next day in terms of priority.

Constantly, visualize your destination and surround yourself with people that motivate, inspire and push you to be your best self. By the time you apply these principles, you’ll feel more relaxed and energized.

2. Facing Uncertainty

When you launch your business, even if you offer the best product or service in your industry, you’re bound to face uncertainty.

Your marketing strategy might fail, your customers may not be ready for your product or service because it’s too early, and your competition may be a little bit tougher than expected. Even if you’re able to handle all of this, it doesn’t mean you’ll get your desired paycheck. However, keep in mind, that if you are well prepared, you’ll be in the best position to handle any of these roadblocks without stress.

An important thing to do is to test your product in the marketplace. By doing this, you will observe how the market views your product or service and can get feedback as well. If you do this right, you’ll be on your way to launching a successful business. The joy that eventually comes from launching a successful business is the greatest feeling ever.

“Exploring the unknown requires tolerating uncertainty.” – Brian Greene

3. Team Building

Recruiting a trustworthy and reliable team is an important part of building a successful business. Every entrepreneur should know it’s important to recruit a strong team because your team can either make or break your business.

Lawrence Bossidy, Former Chairman and CEO of Honeywell, once said “I am convinced that nothing we do is more important than hiring and developing people. At the end of the day, you bet on people not on strategies.” The common mistake new entrepreneurs make is hiring too quickly and if this doesn’t turn out well, you might be setting yourself up for failure before you even begin.

One solution is to hire individuals you already know or get references from people you trust from your professional life. Having the right people around is significant because they will influence your decisions and therefore the success of your business. Choose wisely.

4. Capital Management

One of the major reasons many startups fail within the first few months of business is because of capital mismanagement. The common mistakes entrepreneurs make are spending prematurely and not separating personal account from your corporate account. Spending too early on items like business cards and marketing materials might just end up being too costly for your startup.

You need to stay on top of your cash flow by keeping track of all your business expenses. You need to create a budget and set up an emergency fund account. You may decide to hire an accountant to help handle your finances, so they can assist you in fine-tuning where the money goes.

“Money is usually attracted, not pursued.” – Jim Rohn

5. Loneliness

Starting and running a business can be very stressful. This pressure can cause entrepreneurs to feel alone and maybe even depressed. If it’s extreme, you may develop mental health problems. Studies show that 30% of entrepreneurs report a lifetime history of depression.

It’s vital to reach out to your support system regularly. Family, close friends or mentors can be a big help in getting you back to your best. Once in a while get together with your family and friends and do some fun activities.

Starting a business has it’s challenges but if you’re prepared and know what’s ahead or what to expect, it will be a little less surprising when you run into an obstacle and you’ll be able to take the hit better than you thought!

Have you wanted to start a business? If so, what’s holding you back from pursuing it 100%? Share your thoughts with us below so we can be of service to you!

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9 Ways to Help You Think Like an Entrepreneur

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Going by popular opinion, being an entrepreneur seems a lot more thrilling than the typical 9-to-5 job. No bosses anymore, no pressure of completing the work in a rush, and no limited paycheck. Sure, an entrepreneur doesn’t have to go through the daily grind. However, there is so much more to the life of an entrepreneur.

Being an entrepreneur is like treading on thin ice. The moment you decide to be one, 9-to-5 will almost turn to 24×7. Your consumers will become your new bosses, and the size of your pay check will differ from month to month. If you still want to venture into it with the resolve to work hard and the willingness to innovate, you can join the club.

Now, to make your journey a little smooth, here’s presenting some pertinent ways to think like an entrepreneur:

1. Pinning your hopes in one place takes you on the road to disaster

To think like an accomplished entrepreneur, you must know that these professionals would never place all of his/her hopes in one place. Too much dependence on luck could be detrimental to the business that you are working on.

In reality, you must always be prepared for things that might never go as planned. There’s no point in being dejected about the way things are unfolding. Instead, you have to be willing to go with the flow and simply accept things as they come.

2. Treat your decision making skill like a superpower

You must be familiar with the iconic dialogue from the movie Spiderman, “With great power comes great responsibility.” Well, it’s the same with entrepreneurship.

As an entrepreneur, you’ll be the person to make decisions and be quick at it. Now, over-analysing things can take up a lot of time, and you may miss out on many opportunities along the way. That doesn’t mean you shouldn’t take time to decide, or shouldn’t ask experienced people for advice. When required, you must act quickly. Make more space for big decisions, and do away with the small ones.

3. Wear your confidence like an armour

This is one of the most significant aspects of developing an entrepreneurial mindset. You should have self-confidence in abundance and immense faith in your abilities. If you keep doubting and second-guessing every decision, then you will never be able to take risks.

An entrepreneur is aware of the fact that he/she is the captain of their ship. The moment he/she starts to flounder or display any signs of weakness and insecurity, the workers and investors are bound to lose faith in him/her. This is something that is harmful to any business.

“Don’t live down to expectations. Go out there and do something remarkable.” – Wendy Wasserstein

4. Never let failures get to your head (or heart)

Failures and struggles are as inevitable as the sunrise and sunset. The value of your success increases tenfold if you have gone through an insurmountable struggle.

A skilled entrepreneur always thinks in a way that they’re both willing to accept failure and success with open arms. They would never let failures bring them to heel, and at the same time won’t bask too long in the glory of successes.

If you develop such an attitude to your work and develop a positive way of thinking, then there’s no stopping you from making it big as an entrepreneur.

5. Taking calculated risks comes with the territory

An entrepreneur has to be well-versed with taking calculated risks. You should be happy when things go as planned and should gracefully accept when things don’t exactly go the way you want.

Ultimately, to thrive and prosper in today’s business landscape, it’s vital to take risks. Make sure you take risks after doing your homework. This is exactly how successful entrepreneurs think and make decisions. Make sure once you’ve made a decision, you stand by it. After all, there is no point in constantly thinking if you have done the best for your business.

6. Always stay updated with relevant information

Like every successful entrepreneur, you too have to be acquainted with the latest advancements in your field. In order to gather sufficient knowledge, you have to keep your eyes and ears open to what’s happening around you. It’s only when you’re clued in to what’s going on in the world around you, that you’ll be able to collect relevant information.

This, in turn, will help you to get ahead in life. Isolating or cutting yourself off from the rest of the world will only create a roadblock in your way to success and prevent you from moving forward.

7. Ignorance isn’t a bliss when it comes to good advice

Connecting with people in your field allows you to develop the thought process of an entrepreneur. You must interact with the industry experts and influential figures in your line of work because they’ll help you sway your thought process in the right direction.

If you are ignorant towards good advice that people offer, then you are likely to end up making mistakes. In the fiercely competitive world of business, finding a mentor to guide you in your journey to success is absolutely invaluable.

“If you cannot see where you are going, ask someone who has been there before.” – J Loren Norris

8. Your qualifications will always be useful

Having the right qualifications will propel you to think like an entrepreneur. Being an entrepreneur involves hardships and turbulence, and the journey won’t always be smooth. You must be ready to counter any and every obstacle that is thrown your way.

An entrepreneur is someone who has a flair for thinking. That’s how they come up with solutions to problems that present themselves all of a sudden. Having appropriate training and qualifications can help you with your problem-solving skills.

For instance, if you want to set up an industry specific company, you must have the right training and qualifications to understand the nuances of the business.

9. Positivity will take you forward

In order to help an organization move forward, an entrepreneur knows that it is essential to stay positive at all times. If he/she gives in to negativity, then it won’t be long before the employees fall prey to the negative feelings.

Accomplished entrepreneurs are smart enough to ensure that the negative vibes do not affect the workflow. It’s no secret that when you maintain a positive outlook, you will also motivate your subordinates to work efficiently.

These are some ideas you can implement in your daily life to think like an entrepreneur. While entrepreneurship may come across as thrilling, there is a lot of hard work that goes into it. However, be assured that if you put your heart and soul into it, success will never evade you.

Which one of the 9 ways to help you think like an entrepreneur resonated most with you? Let us know your thoughts below!

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Entrepreneurs

10 Productivity and Business Hacks for Early Stage Entrepreneurs

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1Entrepreneurs’ work style is crazy, yet full of passion. Can you guess their success formula? Hard work? Dedication? Passion? Yes, all cumulatively, but smart entrepreneurs work with better productivity. It’s the way to their success.

Growing as an entrepreneur, especially after you have been used to a steady pay, company-paid health insurance, and a retirement savings program can be a bit scary. And you would not do a commitment to this if you don’t have a strong passion for your product, service and for being out on your own, as well as a willingness to take risks. You still have so much to comprehend about business operations, but if you’re engaged, fair enough for now.

To help you sidestep some of the common pitfalls, here are ten productivity tips for new entrepreneurs:

1. Cultivate Your Business Strategy

Before you launched, you put together at least an informal business plan. You set goals for where you wanted to be at certain benchmark points, and you listed the things to be done to get there. Now that you are a few months or more into your launch, it’s time to revisit that plan. You have a better “feel” for things, and you may need to modify. You should also think about formalizing the document so that when the time comes, you have something to show would-be investors.

2. Financial End of the Business

Initially, things go smoothly. You have a record of all of your start-up costs (these till be tax-deductible), and you are keeping a record of all of your monthly expenses – production costs, marketing, supplies, etc. You are also tracking all of your sales and the gross income from those. If you are still doing this by hand, stop. Get a basic accounting software package, and get all of this streamlined. You won’t need anything fancy and complex, but you probably will in the future. Most of them automatically prepare your tax returns too – a huge time saver.

3. Marketing

In the early phase, marketing acts as one of the most vibrant segments of your business activities. Initially, you barely have industry connections. You may not have direct contracts. You immediately need initial business and referrals. You need to get your voice out there, and build relationships.

If you have not formed a comprehensive marketing maneuvering, you need one now. Is your website full of authoritative, informative pages? Are you embracing customer reviews and referrals? What about PPC and display advertising? Does it have a place on the annual budget? Are your physical stores (if you have) getting enough foot traffic? Hope you’ve gone through maps listing and optimization.

“Everyone can tell you the risk. An entrepreneur can see the reward.” – Robert Kiyosaki

4. Legal Reflections

You of course have your business registered with local, state, and federal entities. But there are other legal considerations as well. Depending upon your product or service, do you need liability insurance and statements of indemnification; if your business involves contracts with clients, are they clean, clear and tight? You need an attorney to cover all the bases, so don’t scrimp on finding and using a good one.

5. Time Management

This can become a big issue and really hurt productivity if you are not very careful. Working on your own, especially with a home office, means that your hours are flexible, of course, but they cannot be “loose.” And you cannot hop from one activity to the next and back again, taking any interruptions as they come along.

You need to block out chunks of time for your tasks, and stick to those as much as possible. If you decide that email correspondence will happen from 12-1 every day, then that’s when it happens. Let your answering machine get your calls if you are deep into a project. Mapping every day according to an agenda keeps you on-task and focused.

6. Team Meetings

This is offbeat “killer” for productivity. If you have a trio, meet on a regularly scheduled base. And keep those meetings brief and to the point. Have an agenda, reach what must be covered, and close it out.

7. Sales Meetings and Presentations

If you are an e-commerce B2C retailer business, then you will be involved in sales presentations to dormant customers, except those that are done online, through your marketing campaigns. If you do have sales appointments, however, go in with a practiced presentation that is short and to the point. Hark more than you talk, value questions, and don’t be pushy, no matter how desperate you are for an order confirmation. Endure “no” or “I’ll think about it” with a smile, and leave the opportunity open for future conversation

8. Fine Tune Your Networking

Whether your networking is all online or a combination of online and on-the-ground, join as many networking groups as possible. You’ll learn a lot from the veterans, you’ll make great contacts, and your brand will be spread just that much more.

9. Develop an Elevator Pitch

Write one, practice it until it comes out naturally, and you will be ready for any introduction or conversation that comes around to the question, “What do you do?” Your pitch should be 30-seconds long at most, should be creative and delivered with enthusiasm, and followed by the handing over of a business card. You’ll use this at weddings, parties, conferences, and at bars – any place where you will come into contact with strangers. There are a lot of online sites as resources for pitch creation – use them to craft a truly engaging one.

“Entrepreneurship is neither a science nor an art. It is a practice.” – Peter Drucker

10. Guard Your Health

Operating your own business means crazy long hours, at least in the commencement, and it’s obvious to skip routines, exercise, a mode to missing meals or, worse, eating way too much fast food. You have to carry this in mind always: Who will run the business if you are sick or emotionally exhausted?

You shouldn’t do hectic work hours taking a toll on your health. Instead, you should aim for:

  • Exercising daily at least thirty minutes
  • Quit smoking
  • Proper sleep
  • Eating fruits and vegetables daily
  • Avoid distracting useless data
  • Disrupt unhealthy habits
  • Learn the art of applying a proper work-life balance
  • Take regular breaks
  • Enjoy the moment

Some leaders try to do more than they should. Are you one of those? Do you like to delegate tasks and only keep an eye on the entire process? Or are you involved in every single activity happening out there? If so, what’s your productivity formula?

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