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(Video) This Is What Makes The Most Inspiring People And Organizations So Successful

Joel Brown (Founder of Addicted2Success.com)

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Simon Sinek Start With Why For Startup Success

Simon Sinek, the Innovative leadership coach & Author of “Start With Why, shares his views on what makes the most inspiring people and organizations so successful in the business world today.

Anyone who is planning to create a successful startup needs to watch this video, Simon Sinek hits the nail right on the head with this one!

 

 

 

 

 

(Video) Simon Sinek – What Makes A Successful Startup

 

Simon Sinek’s Golden Circle

simon sinek golden circle

 

 

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances. I'm proud to say through my podcast and through this website we have impacted over 100 million lives in the last 6 and a half years.

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10 Comments

10 Comments

  1. Akhil V

    Nov 4, 2013 at 10:17 pm

    WHAT TO DO TO LIFE ? After a lot of hard work and successful entrepreneurship and a bad face of life then. I am now struggling for a job. Can you get me a one ? No body ever offered me a Job and I never bothered to create a Resume. I read and search a lot and for the first time felt to post like this. Please reply.. Thanks !

  2. breathezy (@breathezy)

    Oct 11, 2013 at 3:38 am

    First class Joel, Motivation a daily exercise for me, and I suspect, millions of other people. But if you don’t strive for something, you will get precisely what you deserve. Keep up the good work.

    • Joel

      Joel

      Oct 11, 2013 at 8:56 am

      Thank you Sir, you are dead on!

  3. Chandan Suryawanshi

    Sep 30, 2013 at 7:25 am

    Excellent Joel.. Your articles are truly an ocean of inspiration..
    God Bless.

  4. Jose

    Sep 23, 2013 at 4:19 pm

    Hey Joel…you’re fantastic, really. Sites like this one definitely change life 🙂

    • Joel

      Joel

      Sep 23, 2013 at 5:17 pm

      Thank you Jose, keep visiting, and we’ll keep you inspired 🙂

  5. brian mawdsley

    Jul 31, 2013 at 6:27 am

    Great Video, clear and concise

  6. tunde olawale

    Jul 6, 2013 at 8:17 am

    God bless you joel, you a blessing to this generation. Thank you.
    I can I become a motivational speaker.

  7. Jikeb

    Jun 6, 2013 at 8:31 pm

    Awesome video!

Leave a Reply

Your email address will not be published. Required fields are marked *

Startups

How to Change Your Bad Habits for the Benefit of Your Business

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bad habits
Image Credit: Unsplash

If you are like most people, you probably like to complain from time to time about the economy, about the markets, about how things are changing too fast or how you don’t get enough time. Moan moan moan!

However, moaning doesn’t solve problems. Instead, you can follow the “No BCD” theory and avoid blaming, complaining and defensiveness. This way you will have a totally different outlook, handle situations a lot better, and take control over your destiny. A really practical way to do this is to develop better habits.

What are the bad habits you have?

Everyone has different bad habits, but when it comes to business here are the 4 most common ones:

  • Lack of focus: Every single day, there are going to be things you intend to do and then you “run out of time” or succumb to distractions. But if you’re honest, you had the time and there was a way – you just lacked focus.
  • You’re too kind: How many times have you taken on a project which wasn’t profitable, because you “felt sorry for them”. Not only does this actually hurt you, but it also in many ways hurts the relationship you have with that client or customer.
  • Promising and not delivering: Whether it’s something you said to your team, your clients, or your suppliers, if you’re not matching your words with your actions, over time others will believe you less and less.
  • Leaving opportunities on the table: So often people complain in business they don’t have enough (money/sales/support), when actually they do – they just didn’t ask for it. Within your existing network there is probably everything you need, you just have to ask.

“Successful people are simply those with successful habits.” – Brian Tracy

Think about it. You can look at each of these bad habits and replace them with new and better ones. Imagine…

  • If you created habits that made you focus better: you’d be more productive, with the same amount of time.
  • If you learned good ways to set boundaries: you’d have a better time delivering your services or products, and you’d feel more rewarded.
  • If you kept better track of your promises: You’d feel less stressed and overwhelmed.
  • If you picked up on more of those opportunities: You’d make more money, and inject welcome energy into those who are ready and willing to work with you. The side effect would be that you could delegate things you don’t love and aren’t good at to others more capable, and replace those activities with the things you love!

Breaking those bad habits

Over the years, I have managed to create more boundaries and space for me to be efficient and effective in my work. There are ways to do that  – some habits I have learned from others who have experienced and overcome similar issues, and some are the product of my own experiments. See below!

1. Sprints (for productivity)

I have to say this is so effective. I meet at least one other person at a coffee shop or members club – if it’s not in my office with my fellow team members. We plan to do 30 or 45 minutes of work and do between 3-5 sprints in a session. Blocking out 4 hours together I find works well.

We each say what we will work on and then we get going. No talking allowed, focusing only on the task we talked about. When the timer rings we stop, compare notes on progress, have a mini break and do another one. It’s honestly my most productive time, and it makes you realise how much time we waste on distractions and even moaning about having too much work on!

“A bad habit never disappears miraculously. It’s an undo-it-yourself project.” – Abigail Van Buren

2. A tiny assignment (for motivation to break a bad habit)

I have done this now twice with 2 different friends. We talk about the bad habits we each have, whatever they might be. We give each other a new rule or habit to follow over a two week period. It has to be a “SMART” goal assignment – specific, measurable, achievable, realistic and time-bound.

3. Low hanging fruit (for grabbing opportunities)

You simply make a list of people you already know who:

  • Fit into your target market but don’t work with you yet
  • Fit into your target market but haven’t worked with you for a while
  • Experience problems you know you can solve
  • Have their own network of contacts or audience which is very similar to the people you want to talk about
  • Have the expertise in things you find challenging, and very likely the answers to your current challenges

Once you have this list, you come up with some drafted initial outreach scripts for either text, email or phone calls and then you work through your list – sending out the requests, hellos, questions, etc. If you draft your communication well, considering the mindset of the people who are receiving these outreach messages, you will find each conversation will be at the very least a learning opportunity and would certainly lead to more “yeses” than if you didn’t do this exercise.

4. The minimum criteria (for setting boundaries)

If you find that your bad habits involve you saying “yes” too often when you should be saying “no” – then this one works great. You just need to write a specific list of criteria to answer the question “Any time I will do this, I need the following things to be true first”.

For example, you only take on a client who pays less than a certain minimum threshold, who has made a written commitment that they will comply with your specific set of guidelines for their responsibilities during the project. There are so many ways you can use the “minimum criteria” technique and you can share your rules with friends and colleagues to hold yourself accountable.

Now, with all this insight I hope you feel more motivated and you can’t even remember your excuses anymore!

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Startups

The Advantages and Disadvantages of Starting a Business in College

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college startups
Image Credit: Unsplash

College is a time of opportunity. Students are given a chance to learn a variety of new skills and to put those skills to use. One way to do this is to start a business. Starting a business isn’t something you should jump into without careful consideration, though. You need to take a look at what you stand to gain from it and what negative aspects come from starting a business are.

Sole Proprietorship or Partnership

The first distinction that needs to be made when you start a business is what kind of business it’s going to be. Will you be the sole owner? Will someone else be co-owning with you? If it is the former, this is referred to as a sole proprietorship. The advantages of this type of business are the fact that they are easy to start up and close if need be as well as giving the owner the flexibility of being their boss. Owners of this type also retain all profits earned.

There are downsides to this type of ownership. The biggest one is that the owner has unlimited liability. In other words, if the business fails, struggles, or falls into debt, it’s entirely on the owner.

On the other hand, if a student wanted to start a business with a friend, they could go into it as a partnership where each person holds a certain level of responsibility for the company. For one, two students starting a business can pool their resources and knowledge. Unfortunately, the development of a partnership doesn’t take away the idea of unlimited responsibility for the owners if they are general – meaning equal – partners.

“Never start a business just to make money. Start a business to make a difference.” – Marie Forleo

A Chance to Do Something Important to You

When a student is in college, they might end up taking whatever job they can to make ends meet. After all, the price of college is high, and many college students work entry-level jobs. It means that the posts you work at the start of your career might not be the ones that you are passionate about.

Owning a business, on the other hand, gives you more freedom. This is because a student’s business can be revolved around anything they are knowledgeable about. It gives them a chance to find their passion and profit off of it while having a job that they love.

The opposing side to this is that college students do work on lower funds than someone who has settled into a career further down the road and has savings built up from that. It means that for a student, start-up costs can be a little more challenging to reach.

The silver lining to that train of thought is that college students are only starting their career. They don’t have to worry about leaving a job that they’ve been working on for decades to take a risk and start their own business.

It Takes Dedication

Starting a firm, as we’ve pointed out, isn’t something that you do on a whim. The owner has to be dedicated to the business to have a successful company. It can be difficult at first because many people start their own business with the idea that they will create their hours. The truth is that you will probably find yourself working overtime and doing every menial task that the company needs to be done at first

It is mainly because you will be starting out on your own. Even if you have a partner, you won’t have employees to start out so there won’t be many delegations of tasks. If you are genuinely passionate about a topic, you will be able to find the dedication it takes to get your business off the ground. Remember, as the company grows, you’ll be able to hire more help – if the industry is a success, all responsibilities won’t fall on the owner forever.

“Don’t wait for the right moment to start a business. It never arrives. Start whenever.” – Lauris Liberts

Leadership

We already looked at the fact that owning a business means that you are in charge of all the goings on within your business. As such, this is an excellent opportunity to show your skills as a leader. If you don’t have strong leadership skills, this is a great chance to develop them fast because, without them, you will be watching your business go under.

Leadership doesn’t just mean organizing teams and delegating tasks. You will also have to take responsibility for less desirable functions within your business. For instance, as the owner, it is your job to fire someone when it comes time to let them go. It isn’t a job that anyone wants, but it is a task that needs to be done to keep a business running smoothly.

It all boils down to risk and reward. Starting and owning a business in college is something that can bring you a lot of good as well as a lot of bad. If you want a company to succeed, you have to consider both sides of this and decide if starting a business in college is the right choice for you.

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Startups

4 Tips to Overcome Your Toughest Hardships When Starting a Business

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starting a business
Image Credit: Unsplash

Successful entrepreneurs have long been known to embody specific traits that can be very useful in many aspects of life. Some of these traits include hard work, devotion and continuous solid effort. The different skills that entrepreneurs naturally gain through years and years of professional experience, have equipped them to effectively manage and continuously expand their business.

Nonetheless, if we backtrack to the beginning of most entrepreneurs journeys, we see that the majority of them almost always faced professional or personal challenges when first starting a new venture.

Entrepreneurs usually endure professional trials better than anyone else because they were prepared during the early stages of their careers. Yet, the power of perseverance, devotion and quality performance is truly tested when faced with powerful hardships at a personal level.

To provide some context in regards to these hardships, let me ask this question. Would you effectively run your newly established business if within the first three months, you were faced with the fact that a family member was admitted to the hospital, another got divorced after 20 years of marriage, and you were left by the woman you had decided to spend the rest of your life with?

New entrepreneurs can ensure their way to success when involuntarily having overcome personal challenges life has thrown at them. After all, the true measure of an entrepreneur’s character and ability, is in how they handle themselves in the face of adversity or failure.

Below are 4 tips to overcome life hardships when starting a business:

1. Focus on your business

Hard work is an important technique that can help you forget. Focus on your business and daily tasks and you will find yourself momentarily forgetting about the personal issues that may be troubling you.

In other words, all kinds of activities including office work, home chores or small errands will help your mind break the loop you may find yourself in. Not only you will be doing something productive, but you will also get the opportunity to improve your business during this unexpected situation.

“The way to get started is to quit talking and start doing.” – Walt Disney

2. Welcome the support of your friends and family

Being dealt with a bad hand doesn’t mean that there are no people willing to help and support you. Your family and friends are still here and willing to provide you with the emotional comfort and empowerment you need to go through this.

Make sure to contact them on a daily basis and let them know of your thoughts and issues, by becoming a part of their lives and engage in activities together. Participating in social events is a great way to keep your mind busy, meet new people and experience new things.

3. Practice acceptance and let it go

We sometimes find ourselves creating the perfect fantasy where all aspects of our lives are perfect, thus, it may be so difficult to let go of or accept a sudden turn of events. Focus on accepting the situation as is by reflecting on it.

Try meditating, take deep breaths and appreciate the people and things you still have in your life. One day you may find your own explanation as to why these events may have happened.

“In the process of letting go, you will lose many things from the past, but you will find yourself.” – Deepak Chopra

4. Read on a daily basis

Reading can provide an abundance of mental health benefits including stress relief, anxiety reduction, knowledge increase, and improved focus and concentration. Similarly to focusing on your business, reading can help you to briefly forget about personal issues while learning something new.

With reading, you will be able to develop different perspectives which can help you better evaluate life, self-reflect and even perceive everything from a different viewpoint.

Regardless of the techniques you choose to follow when life throws personal hardships at you, it’s important to remember that this is not an overnight achievement. Nevertheless, you can focus all your efforts on getting on with your life and continuously improving yourself.

How have you overcome hardships in your life? Let us know your thoughts in the comments below!

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3 Ways to Make Your Startup Feel Like a Booming Business

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startup success
Image Credit: Unsplash

Being an entrepreneur is a hugely popular day dream. Well over 50% of people want to be their own bosses, according to a survey from Forbes. However, only 4% of those surveyed are actually entrepreneurs! Why is entrepreneurship such a popular dream that many cannot achieve?

The problem is, many people approach running a startup without a solid plan. They hear about the benefits of being able to set your own schedule, develop your dreams, and ignore the realities of setting up a small business.

As Richard Branson says, “To be successful you have to be out there, you have to hit the ground running.” Success will only come if you are well prepared for the daily challenges of entrepreneurship. You need to be organized, focused, and connected to achieve your goals.

Your startup will feel like a booming business with a these 3 tweaks in your daily routine:

1. Stay Organized

Organization is crucial when it comes to running your own business. As an entrepreneur, you’re responsible for meeting all deadlines and getting your product and content out on time. You need to become a hardcore planner.

The best way to stay on top of everything is to create a to-do list and a routine to stay productive. Traditional work environments have routine built into the system, but it’s something you’re going to have to purposefully cultivate in your team. The best way to do this is to make sure your intentions are clear.

A solid to-do list is a good place to start. By ensuring a plan from when you wake up to when you end up in bed, you can make sure no moment is wasted. Use technology to achieve this goal as there are options on calendar and to-do-list applications on the market that can help you better plan and organize your day.

Google Calendar, Apple Calendar and Microsoft Outlook are all solid options since they can act as your personal assistant, making your day run seamlessly. Utilizing them helps you track events, plan and organize your schedule in a few simple clicks.

The core functions of the calendar apps are to show upcoming schedules and alert on important deadlines. To better understand the power of these apps, you have to actually get down to it and test them out. The one you choose depends on whether you are an Android, Windows or iOS person.

“Simplicity is the ultimate sophistication.” – Leonardo DaVinci

2. Stay Focused

When running a small business, it can be easy to lose sight of the big picture. If you’re focusing on small tasks, your energy will be depleted when it comes to the bigger picture of your business. In a study at the University of California, Irvine, found that interruptions that cause you to lose focus will result in stress and pressure. According to the report it takes an average of 23 minutes and 15 seconds to get back to a task after a distraction.

Tasks like scheduling and answering calls eat up time that could be better spent developing your team and product. This is where outsourcing comes in. By seeking out professionals, you can ensure your clients are cared for 24/7, while you get to the real work. By figuring out what tasks need to be performed by you and which do not, you’ll free up your time. Get a big business result with small business costs!

3. Stay Connected

Another way to help cultivate success in your startup is to make sure you are connecting with customers. It’s important that this feels authentic because people know when businesses aren’t being genuine and they will respond accordingly.

This authenticity is a benefit that startups have over big businesses. People will naturally assume that small businesses are more genuine than corporations. Prove it to them by being consistent and trust worthy.

“Well done is better than well said.” – Benjamin Franklin

Excellent communication and interaction with clients is necessary for your startup. You’ll want to build up a solid base of loyal customers, and the fastest way to do this is to provide exemplary customer experiences in every interaction. To help you better handle this part of small business and help monitor how you connect with your customers, consider investing in a Customer Relationship Management (CRM) system.

Through a CRM you can find and woo customers, because you are able to track how customers interact with your company. For example, a CRM program will let you know if you are getting leads from your social media campaigns, and how many people remember your marketing materials.

Big businesses use CRMs to get clients, by tracking where they connect, how frequently they buy from them, and where the connection stops. If you use a CRM in your small business, you’ll be able to compete, while still remaining genuine.

Running a small business isn’t for everyone, but there are certain traits you can develop within yourself to make it happen. By staying organized, focused, and connected, your startup will be able to compete with bigger businesses.

Do you have a business venture? If so, what is it and how do you plan on succeeding in the long run? Let us know in the comments below!

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35 Quotes to Inspire You to Live a Life of Contribution

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contribution quotes

Contribution is defined as something that you contribute or do to help produce or achieve something together with other people or to help make something successful. May these quotes inspire you to make a positive contribution to the world so that you may help advance humanity to a greater level. (more…)

Asad Meah is the CEO & Founder of AwakenTheGreatnessWithin. He is a dreamchaser who has gained a wealth of knowledge in entrepreneurship and personal development over the past five years through self-education. His mission is to inspire millions of people to become entrepreneurs by awakening their minds to their greatness that resides within them. Check out his book on Amazon that will help you Awaken so that you may live your dreams!

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10 Comments

10 Comments

  1. Akhil V

    Nov 4, 2013 at 10:17 pm

    WHAT TO DO TO LIFE ? After a lot of hard work and successful entrepreneurship and a bad face of life then. I am now struggling for a job. Can you get me a one ? No body ever offered me a Job and I never bothered to create a Resume. I read and search a lot and for the first time felt to post like this. Please reply.. Thanks !

  2. breathezy (@breathezy)

    Oct 11, 2013 at 3:38 am

    First class Joel, Motivation a daily exercise for me, and I suspect, millions of other people. But if you don’t strive for something, you will get precisely what you deserve. Keep up the good work.

    • Joel

      Joel

      Oct 11, 2013 at 8:56 am

      Thank you Sir, you are dead on!

  3. Chandan Suryawanshi

    Sep 30, 2013 at 7:25 am

    Excellent Joel.. Your articles are truly an ocean of inspiration..
    God Bless.

  4. Jose

    Sep 23, 2013 at 4:19 pm

    Hey Joel…you’re fantastic, really. Sites like this one definitely change life 🙂

    • Joel

      Joel

      Sep 23, 2013 at 5:17 pm

      Thank you Jose, keep visiting, and we’ll keep you inspired 🙂

  5. brian mawdsley

    Jul 31, 2013 at 6:27 am

    Great Video, clear and concise

  6. tunde olawale

    Jul 6, 2013 at 8:17 am

    God bless you joel, you a blessing to this generation. Thank you.
    I can I become a motivational speaker.

  7. Jikeb

    Jun 6, 2013 at 8:31 pm

    Awesome video!

Leave a Reply

Your email address will not be published. Required fields are marked *

Startups

How to Change Your Bad Habits for the Benefit of Your Business

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bad habits
Image Credit: Unsplash

If you are like most people, you probably like to complain from time to time about the economy, about the markets, about how things are changing too fast or how you don’t get enough time. Moan moan moan!

However, moaning doesn’t solve problems. Instead, you can follow the “No BCD” theory and avoid blaming, complaining and defensiveness. This way you will have a totally different outlook, handle situations a lot better, and take control over your destiny. A really practical way to do this is to develop better habits.

What are the bad habits you have?

Everyone has different bad habits, but when it comes to business here are the 4 most common ones:

  • Lack of focus: Every single day, there are going to be things you intend to do and then you “run out of time” or succumb to distractions. But if you’re honest, you had the time and there was a way – you just lacked focus.
  • You’re too kind: How many times have you taken on a project which wasn’t profitable, because you “felt sorry for them”. Not only does this actually hurt you, but it also in many ways hurts the relationship you have with that client or customer.
  • Promising and not delivering: Whether it’s something you said to your team, your clients, or your suppliers, if you’re not matching your words with your actions, over time others will believe you less and less.
  • Leaving opportunities on the table: So often people complain in business they don’t have enough (money/sales/support), when actually they do – they just didn’t ask for it. Within your existing network there is probably everything you need, you just have to ask.

“Successful people are simply those with successful habits.” – Brian Tracy

Think about it. You can look at each of these bad habits and replace them with new and better ones. Imagine…

  • If you created habits that made you focus better: you’d be more productive, with the same amount of time.
  • If you learned good ways to set boundaries: you’d have a better time delivering your services or products, and you’d feel more rewarded.
  • If you kept better track of your promises: You’d feel less stressed and overwhelmed.
  • If you picked up on more of those opportunities: You’d make more money, and inject welcome energy into those who are ready and willing to work with you. The side effect would be that you could delegate things you don’t love and aren’t good at to others more capable, and replace those activities with the things you love!

Breaking those bad habits

Over the years, I have managed to create more boundaries and space for me to be efficient and effective in my work. There are ways to do that  – some habits I have learned from others who have experienced and overcome similar issues, and some are the product of my own experiments. See below!

1. Sprints (for productivity)

I have to say this is so effective. I meet at least one other person at a coffee shop or members club – if it’s not in my office with my fellow team members. We plan to do 30 or 45 minutes of work and do between 3-5 sprints in a session. Blocking out 4 hours together I find works well.

We each say what we will work on and then we get going. No talking allowed, focusing only on the task we talked about. When the timer rings we stop, compare notes on progress, have a mini break and do another one. It’s honestly my most productive time, and it makes you realise how much time we waste on distractions and even moaning about having too much work on!

“A bad habit never disappears miraculously. It’s an undo-it-yourself project.” – Abigail Van Buren

2. A tiny assignment (for motivation to break a bad habit)

I have done this now twice with 2 different friends. We talk about the bad habits we each have, whatever they might be. We give each other a new rule or habit to follow over a two week period. It has to be a “SMART” goal assignment – specific, measurable, achievable, realistic and time-bound.

3. Low hanging fruit (for grabbing opportunities)

You simply make a list of people you already know who:

  • Fit into your target market but don’t work with you yet
  • Fit into your target market but haven’t worked with you for a while
  • Experience problems you know you can solve
  • Have their own network of contacts or audience which is very similar to the people you want to talk about
  • Have the expertise in things you find challenging, and very likely the answers to your current challenges

Once you have this list, you come up with some drafted initial outreach scripts for either text, email or phone calls and then you work through your list – sending out the requests, hellos, questions, etc. If you draft your communication well, considering the mindset of the people who are receiving these outreach messages, you will find each conversation will be at the very least a learning opportunity and would certainly lead to more “yeses” than if you didn’t do this exercise.

4. The minimum criteria (for setting boundaries)

If you find that your bad habits involve you saying “yes” too often when you should be saying “no” – then this one works great. You just need to write a specific list of criteria to answer the question “Any time I will do this, I need the following things to be true first”.

For example, you only take on a client who pays less than a certain minimum threshold, who has made a written commitment that they will comply with your specific set of guidelines for their responsibilities during the project. There are so many ways you can use the “minimum criteria” technique and you can share your rules with friends and colleagues to hold yourself accountable.

Now, with all this insight I hope you feel more motivated and you can’t even remember your excuses anymore!

Continue Reading

Startups

The Advantages and Disadvantages of Starting a Business in College

Published

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college startups
Image Credit: Unsplash

College is a time of opportunity. Students are given a chance to learn a variety of new skills and to put those skills to use. One way to do this is to start a business. Starting a business isn’t something you should jump into without careful consideration, though. You need to take a look at what you stand to gain from it and what negative aspects come from starting a business are.

Sole Proprietorship or Partnership

The first distinction that needs to be made when you start a business is what kind of business it’s going to be. Will you be the sole owner? Will someone else be co-owning with you? If it is the former, this is referred to as a sole proprietorship. The advantages of this type of business are the fact that they are easy to start up and close if need be as well as giving the owner the flexibility of being their boss. Owners of this type also retain all profits earned.

There are downsides to this type of ownership. The biggest one is that the owner has unlimited liability. In other words, if the business fails, struggles, or falls into debt, it’s entirely on the owner.

On the other hand, if a student wanted to start a business with a friend, they could go into it as a partnership where each person holds a certain level of responsibility for the company. For one, two students starting a business can pool their resources and knowledge. Unfortunately, the development of a partnership doesn’t take away the idea of unlimited responsibility for the owners if they are general – meaning equal – partners.

“Never start a business just to make money. Start a business to make a difference.” – Marie Forleo

A Chance to Do Something Important to You

When a student is in college, they might end up taking whatever job they can to make ends meet. After all, the price of college is high, and many college students work entry-level jobs. It means that the posts you work at the start of your career might not be the ones that you are passionate about.

Owning a business, on the other hand, gives you more freedom. This is because a student’s business can be revolved around anything they are knowledgeable about. It gives them a chance to find their passion and profit off of it while having a job that they love.

The opposing side to this is that college students do work on lower funds than someone who has settled into a career further down the road and has savings built up from that. It means that for a student, start-up costs can be a little more challenging to reach.

The silver lining to that train of thought is that college students are only starting their career. They don’t have to worry about leaving a job that they’ve been working on for decades to take a risk and start their own business.

It Takes Dedication

Starting a firm, as we’ve pointed out, isn’t something that you do on a whim. The owner has to be dedicated to the business to have a successful company. It can be difficult at first because many people start their own business with the idea that they will create their hours. The truth is that you will probably find yourself working overtime and doing every menial task that the company needs to be done at first

It is mainly because you will be starting out on your own. Even if you have a partner, you won’t have employees to start out so there won’t be many delegations of tasks. If you are genuinely passionate about a topic, you will be able to find the dedication it takes to get your business off the ground. Remember, as the company grows, you’ll be able to hire more help – if the industry is a success, all responsibilities won’t fall on the owner forever.

“Don’t wait for the right moment to start a business. It never arrives. Start whenever.” – Lauris Liberts

Leadership

We already looked at the fact that owning a business means that you are in charge of all the goings on within your business. As such, this is an excellent opportunity to show your skills as a leader. If you don’t have strong leadership skills, this is a great chance to develop them fast because, without them, you will be watching your business go under.

Leadership doesn’t just mean organizing teams and delegating tasks. You will also have to take responsibility for less desirable functions within your business. For instance, as the owner, it is your job to fire someone when it comes time to let them go. It isn’t a job that anyone wants, but it is a task that needs to be done to keep a business running smoothly.

It all boils down to risk and reward. Starting and owning a business in college is something that can bring you a lot of good as well as a lot of bad. If you want a company to succeed, you have to consider both sides of this and decide if starting a business in college is the right choice for you.

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Startups

4 Tips to Overcome Your Toughest Hardships When Starting a Business

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Successful entrepreneurs have long been known to embody specific traits that can be very useful in many aspects of life. Some of these traits include hard work, devotion and continuous solid effort. The different skills that entrepreneurs naturally gain through years and years of professional experience, have equipped them to effectively manage and continuously expand their business.

Nonetheless, if we backtrack to the beginning of most entrepreneurs journeys, we see that the majority of them almost always faced professional or personal challenges when first starting a new venture.

Entrepreneurs usually endure professional trials better than anyone else because they were prepared during the early stages of their careers. Yet, the power of perseverance, devotion and quality performance is truly tested when faced with powerful hardships at a personal level.

To provide some context in regards to these hardships, let me ask this question. Would you effectively run your newly established business if within the first three months, you were faced with the fact that a family member was admitted to the hospital, another got divorced after 20 years of marriage, and you were left by the woman you had decided to spend the rest of your life with?

New entrepreneurs can ensure their way to success when involuntarily having overcome personal challenges life has thrown at them. After all, the true measure of an entrepreneur’s character and ability, is in how they handle themselves in the face of adversity or failure.

Below are 4 tips to overcome life hardships when starting a business:

1. Focus on your business

Hard work is an important technique that can help you forget. Focus on your business and daily tasks and you will find yourself momentarily forgetting about the personal issues that may be troubling you.

In other words, all kinds of activities including office work, home chores or small errands will help your mind break the loop you may find yourself in. Not only you will be doing something productive, but you will also get the opportunity to improve your business during this unexpected situation.

“The way to get started is to quit talking and start doing.” – Walt Disney

2. Welcome the support of your friends and family

Being dealt with a bad hand doesn’t mean that there are no people willing to help and support you. Your family and friends are still here and willing to provide you with the emotional comfort and empowerment you need to go through this.

Make sure to contact them on a daily basis and let them know of your thoughts and issues, by becoming a part of their lives and engage in activities together. Participating in social events is a great way to keep your mind busy, meet new people and experience new things.

3. Practice acceptance and let it go

We sometimes find ourselves creating the perfect fantasy where all aspects of our lives are perfect, thus, it may be so difficult to let go of or accept a sudden turn of events. Focus on accepting the situation as is by reflecting on it.

Try meditating, take deep breaths and appreciate the people and things you still have in your life. One day you may find your own explanation as to why these events may have happened.

“In the process of letting go, you will lose many things from the past, but you will find yourself.” – Deepak Chopra

4. Read on a daily basis

Reading can provide an abundance of mental health benefits including stress relief, anxiety reduction, knowledge increase, and improved focus and concentration. Similarly to focusing on your business, reading can help you to briefly forget about personal issues while learning something new.

With reading, you will be able to develop different perspectives which can help you better evaluate life, self-reflect and even perceive everything from a different viewpoint.

Regardless of the techniques you choose to follow when life throws personal hardships at you, it’s important to remember that this is not an overnight achievement. Nevertheless, you can focus all your efforts on getting on with your life and continuously improving yourself.

How have you overcome hardships in your life? Let us know your thoughts in the comments below!

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Startups

3 Ways to Make Your Startup Feel Like a Booming Business

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Being an entrepreneur is a hugely popular day dream. Well over 50% of people want to be their own bosses, according to a survey from Forbes. However, only 4% of those surveyed are actually entrepreneurs! Why is entrepreneurship such a popular dream that many cannot achieve?

The problem is, many people approach running a startup without a solid plan. They hear about the benefits of being able to set your own schedule, develop your dreams, and ignore the realities of setting up a small business.

As Richard Branson says, “To be successful you have to be out there, you have to hit the ground running.” Success will only come if you are well prepared for the daily challenges of entrepreneurship. You need to be organized, focused, and connected to achieve your goals.

Your startup will feel like a booming business with a these 3 tweaks in your daily routine:

1. Stay Organized

Organization is crucial when it comes to running your own business. As an entrepreneur, you’re responsible for meeting all deadlines and getting your product and content out on time. You need to become a hardcore planner.

The best way to stay on top of everything is to create a to-do list and a routine to stay productive. Traditional work environments have routine built into the system, but it’s something you’re going to have to purposefully cultivate in your team. The best way to do this is to make sure your intentions are clear.

A solid to-do list is a good place to start. By ensuring a plan from when you wake up to when you end up in bed, you can make sure no moment is wasted. Use technology to achieve this goal as there are options on calendar and to-do-list applications on the market that can help you better plan and organize your day.

Google Calendar, Apple Calendar and Microsoft Outlook are all solid options since they can act as your personal assistant, making your day run seamlessly. Utilizing them helps you track events, plan and organize your schedule in a few simple clicks.

The core functions of the calendar apps are to show upcoming schedules and alert on important deadlines. To better understand the power of these apps, you have to actually get down to it and test them out. The one you choose depends on whether you are an Android, Windows or iOS person.

“Simplicity is the ultimate sophistication.” – Leonardo DaVinci

2. Stay Focused

When running a small business, it can be easy to lose sight of the big picture. If you’re focusing on small tasks, your energy will be depleted when it comes to the bigger picture of your business. In a study at the University of California, Irvine, found that interruptions that cause you to lose focus will result in stress and pressure. According to the report it takes an average of 23 minutes and 15 seconds to get back to a task after a distraction.

Tasks like scheduling and answering calls eat up time that could be better spent developing your team and product. This is where outsourcing comes in. By seeking out professionals, you can ensure your clients are cared for 24/7, while you get to the real work. By figuring out what tasks need to be performed by you and which do not, you’ll free up your time. Get a big business result with small business costs!

3. Stay Connected

Another way to help cultivate success in your startup is to make sure you are connecting with customers. It’s important that this feels authentic because people know when businesses aren’t being genuine and they will respond accordingly.

This authenticity is a benefit that startups have over big businesses. People will naturally assume that small businesses are more genuine than corporations. Prove it to them by being consistent and trust worthy.

“Well done is better than well said.” – Benjamin Franklin

Excellent communication and interaction with clients is necessary for your startup. You’ll want to build up a solid base of loyal customers, and the fastest way to do this is to provide exemplary customer experiences in every interaction. To help you better handle this part of small business and help monitor how you connect with your customers, consider investing in a Customer Relationship Management (CRM) system.

Through a CRM you can find and woo customers, because you are able to track how customers interact with your company. For example, a CRM program will let you know if you are getting leads from your social media campaigns, and how many people remember your marketing materials.

Big businesses use CRMs to get clients, by tracking where they connect, how frequently they buy from them, and where the connection stops. If you use a CRM in your small business, you’ll be able to compete, while still remaining genuine.

Running a small business isn’t for everyone, but there are certain traits you can develop within yourself to make it happen. By staying organized, focused, and connected, your startup will be able to compete with bigger businesses.

Do you have a business venture? If so, what is it and how do you plan on succeeding in the long run? Let us know in the comments below!

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