How to Think Like a Successful Entrepreneur
Entrepreneurship is about treading new ground. It is about taking a step no one has taken before, at least not in that same way or in the same place. So it should not be surprising that much of the scholarly literature on entrepreneurship, since Richard Cantillon in the early 1700s, has focused on entrepreneurship as uncertainty-bearing.
Although “bearing uncertainty” might be what entrepreneurs do in the economy from a theorist’s point of view, it is not — and should not be — the rationale for starting a business. After all, uncertainty means the outcome is unknown, which, in turn, means it could end up ugly. In other words, uncertainty is a cost — it is a burden on the entrepreneur’s shoulders. Entrepreneurs are right to attempt to avoid the uncertainty. Read more at Entrepreneur.com.
6 Reasons Why More Women Are Turning To Entrepreneurship
There are a lot of challenges that women are facing in the modern world. And it gets doubled when they try to break through the glass ceiling of male-centric stereotypes in the workplace. But you should know that you can’t achieve greatness with a small mind, and getting into an entrepreneurship journey is extremely rewarding.
Nowadays, women are taking the courage to excel and become the masters of this art. Recent studies show that more than 63% of women entrepreneurs are dependent on their business as their primary revenue source. This challenges the old stereotype that women only run lifestyle businesses for supplemental income, rather than as a primary source of income. Instead, today’s women are breaking this stereotype, and becoming good at it. Read more at Addicted2Success.com.
Daily Message from Acceler8Success Founder, Paul Segreto
Sometimes no matter how well we plan and how much effort we dedicate to something, we fall short of our goal and the end-result causes a variety of challenges and problems. Ultimately, it can adversely affect financial position, reputation, relationships, team spirit and much more. It can also start to spiral into personal life and affect family, health and overall well-being. Unfortunately, such situations are often perpetuated by denial by placing one own’s head in the sand.”
Well, when our head is in the sand, our most vulnerable ass-et is sticking out in plain view. Some will laugh. Others will point and snicker, definitely telling others. And a few will take advantage of the situation and current position of vulnerability. Sadly, we put ourselves in that position. Not because we swung and missed. Not because we didn’t see the forest for the trees. And not because we just flat-out saw something that wasn’t there. Instead, it’s because we didn’t keep our head high, accept the situation, learn from it and move on, and with laser-focus. That is exactly what entrepreneurs do when faced with failure.
Have a great day. Make it happen. Make it count!
How to Buy a Business
If you want to enter the world of entrepreneurship without starting from scratch, you may consider buying a business. However, some prospective business buyers aren’t sure where to start.
Luckily, there are business brokers, marketplace sites, and tons of other resources to help you navigate the process. Each business purchase is likely to look a bit different. But understanding the basics can help you at least get started.
To learn more, download the BizBuySell Guide to Buying a Small Business. (Or if you’re selling a business, download the BizBuySell Guide to Selling Your Small Business.) Read more at SmallBizTrends.com.
Executive Opportunity: Invest in Your Own Business Brokerage Office
Small business and restaurant resales are on the rise making it an excellent time to consider owning your own Business Brokerage office.
A Business Broker is a professional executive, equipped with the knowledge to successfully complete the sale of an existing business, franchise or business opportunity. As the owner of your own business broker office, you will be working on a daily basis with other professionals: business owners, buyers, seasoned entrepreneurs as well as top executives in national franchise companies. Learn more about becoming a Business Broker.
Women Entrepreneurs: Own Your Power
A call for economic empowerment was at the core of Betty Friedan’s landmark, earth-shattering book The Feminine Mystique, published in 1963. Friedan wrote, “Women are people, no more no less, and therefore demand our human right to participate in the mainstream of society, to equal opportunity to earn and be trained and have our own voice in the big decisions of our destiny.”
Much of Friedan’s anger stemmed from the idea that American women were imprisoned in their roles as housewives and weren’t pursuing career opportunities.
Gail Collins, the first female editorial page editor for The New York Times, noted in the introduction of the 50th-anniversary edition of the book that Friedan was obsessed with women getting jobs. The Feminine Mystique, she writes, “is a very specific cry of rage about the way intelligent, well-educated women were kept out of the mainstream of American professional life.”
Why was Friedan so angry? Partly because in 1963, women earned 59 percent of what men did. While those numbers have improved, today, women are making about 81% of what men earn—still nowhere near equal. Read more at score.org.
Do you believe in yourself?
This from the movie, Walk the Line…
Record producer, Sam Phillips: “Bring… bring it home? All right, let’s bring it home. If you was hit by a truck and you was lying out there in that gutter dying, and you had one time to sing one song. Huh? One song that people would remember before you’re dirt. One song that would let God know how you felt about your time here on Earth. One song that would sum you up. You tellin’ me that’s the song you’d sing? That same Jimmy Davis tune we hear on the radio all day, about your peace within, and how it’s real, and how you’re gonna shout it? Or… would you sing somethin’ different. Somethin’ real. Somethin’ you felt. Cause I’m telling you right now, that’s the kind of song that truly saves people. It ain’t got nothin’ to do with believin’ in God, Mr. Cash. It has to do with believin’ in yourself.”
For Entrepreneurs, Your Smile Matters More Than You May Know
Entrepreneurs have a lot on their plates. Low self-esteem, a lack of confidence due to something as simple as a smile, shouldn’t be one of them.
Studies confirm that smiling leads to a decrease in stress-induced hormones that negatively affect your physical and mental health. Smiling less, as a result of a self-conscious smile, does more harm than good.
Smiling is good for your health and a great smile is good for business. While it may seem a bit cliche, it’s even said a great smile can open doors to success. Read more at YFSmagazine.com.
“Don’t be too hard on yourself. There are plenty of people willing to do that for you. Do your best and surrender the rest. Tell yourself, “I am doing the best I can with what I have in this moment. That is all I can ever expect of anyone, including me.” Love yourself and be proud of everything you do, even your mistakes, because your mistakes mean you’re trying.
If you feel like others are not treating you with love and respect, check your price tag. Perhaps you subconsciously marked yourself down. Because it’s YOU who tells others what you’re worth by showing them what you are willing to accept for your time and attention. So get off the clearance rack. If you don’t value and respect yourself, wholeheartedly, no one else will either.”