How Being An Entrepreneur Outside of Your Business Life Creates Success

You can find entrepreneurs in everyday people, the kind of people you see at the grocery store, and in your neighborhoods. Everyone has entrepreneurship inside of them; it’s just how they use it. Some of these people create opportunities for their business, and others create opportunities for their life. Very few people can do both.  

David Baker is one of the people who live an equally exciting business and personal life. An author, speaker, and advisor of entrepreneurial experts, this guest on Making Bank is a successful man who launched a 25-year career of advising experts in their fields. Being called the “experts’ expert,” Baker is here to discuss how his life is just as exciting outside of his work life, how when you get caught up in current success it can cause damage. Read more.

Here’s why you should teach kids entrepreneurship early in life

We’ll always need doctors, lawyers, accountants, but entrepreneurs have always been an imperative breed required to bring innovation and impact the way the world shapes. The last 50 years have witnessed some of the most important innovations from entrepreneurs from companies like Apple, Microsoft, and Google.

Today the world is changing at a dynamic pace, and advancement in innovation is happening across all sectors. This ever-evolving environment calls for coaching our kids with certain entrepreneurial or problem-solving skills early in life to stay abreast of their chosen career path in the future. Read more.

About Global Entrepreneurship Week – November 16-22

Global Entrepreneurship Week is a collection of tens of thousands of events, activities and competitions each November that inspire millions to explore their potential as an entrepreneur while fostering connections and increasing collaboration within their ecosystems.

Diversity is a driver of innovation and economies suffer if a nation or group of people are underrepresented or face structural barriers – the world needs more entrepreneurs. Powered by the Kauffman Foundation, Global Entrepreneurship Week has expanded to 170+ nations since its launch in 2008 with 20,000 partner organizations now serving as GEN’s community-building backbone.

Through GEW, GEN seeks universality, striving to be inclusive of individuals and communities who have traditionally faced barriers to entrepreneurship whether minority groups, cumbersome traditional institutions or those pushed to the side by strong competition. Learn more.

7 Tips for Emerging Creative Entrepreneurs

In many ways, it’s easier than ever to become a successful creator. Ideas can potentially spread virally thanks to social media and online platforms. As an entrepreneurial artist, you can create an amazing life for yourself. However, it may require you to take your focus off of superstardom and shift it toward monetizing what makes you happy. Having realistic expectations and clear, attainable goals, will go a long way in helping pave the path towards your future. Read more.

Why entrepreneurs need to stop glorifying persistence

Let’s talk about one of the most popular terms in entrepreneurship: persistence. It has an excellent reputation and is often spoken about with reverence and respect. But I don’t care for it too much. I think persistence is overrated.

A lack of persistence is a problem, but too much of it might be worse. See, I’ve seen my fair share of entrepreneurs who kept barking up the same tree and kept pushing the same shit. They lived through pivot after pivot while congratulating themselves on their persistence. Read more.

Research: The Average Age of a Successful Startup Founder Is 45

It’s widely believed that the most successful entrepreneurs are young. Bill Gates, Steve Jobs, and Mark Zuckerberg were in their early twenties when they launched what would become world-changing companies. Do these famous cases reflect a generalizable pattern? VC and media accounts seem to suggest so. When we analyzed founders who have won TechCrunch awards over the last decade, the average age at the time of founding was just 31. For the people selected by Inc. magazine as the founders of the fastest-growing startups in 2015, the average age at founding was only 29. Consistent with these findings, Paul Graham, a cofounder of Y Combinator, once quipped that “the cutoff in investors’ heads is 32… After 32, they start to be a little skeptical.” But is this view correct? Read more.

Our goal is to help current and aspiring entrepreneurs architect a plan of continuous accelerated movement toward a pinnacle of desired success, even if and when previously thought to be unattainable. This process has been developed around our proven e-IDEA (explore, identify, develop, execute & analyze) methodology. Deployed effectively, it is key to sustainability and ultimately, to success… Acceler8Success! Learn more.