Acceler8Success Cafe Monday 3.29.21

How to Move From Employee to Entrepreneur

Whether you’ve been bouncing ideas back and forth regarding the launch of a business, right now may be a good time for you to move forward. However, if it’s not the right time, and you have future plans and dreams, this article may help you decide if you should move from employee to entrepreneur.

“Becoming an entrepreneur is not something mythical; it is a massive change in lifestyle. It is also much different than working for a company and can be more demanding.”

If you’ve delayed starting a business because you haven’t figured out how to take a mental leap from employee to entrepreneur—these tips should help you. This type of change in mindset usually applies to those who come from large companies or the nonprofit world—where employees do one or a couple of different tasks following specific boundaries. Read more at bizcatalyst360.com.

11 Tips for Entrepreneurs Looking to Write Their First Book

Putting together a book takes time, energy and a lot of effort. And while it accounts for a lot of the book’s labor, writing isn’t the only thing an entrepreneur needs to concern themselves with. Publishing the book and the marketing associated with it also have a place in the overall success equation. But not all new writers know what to expect from the writing process.

To help, 11 experts from Young Entrepreneur Council (YEC) answer the following question: “What advice would you give to an entrepreneur looking to write or publish their first book? Why?” Read more at smallbiztrends.com.

How I Overcame the Fear of Being My Own Boss

One of the great obstacles I faced in deciding to walk away from my job to become an entrepreneur was fear. Fear of venturing, fear of being singled out, fear of failing. And probably the biggest: not being sure that, on the 15th, I was going to receive a specific payment.

Terror of thinking that months or even years could go by without receiving a single penny.

I felt judged by the stereotype of that guy in an expensive suit and a tight tie telling me that I was not going to achieve anything without having an MBA (sounds more complex and interesting in English) and a high position at some renowned firm. Read more at entrepreneur.com.

3 Ways to Make Entrepreneurship Less Risky

Around 20% of new businesses don’t make it past their first year running. Half will struggle to get to the fifth year of their life, and, in the end, just a third of companies manage to reach their tenth anniversary.

For a lot of people, this shows just how much risk running your own venture can be. This makes it hard for people to feel confident in this area, and will often be one of the biggest factors stopping you from starting your own dream.

Of course, though, it doesn’t have to be this way. Instead, there are loads of ways to get into a business without risking the money you’ve worked so hard to put into it. It’s just a matter of doing some research to find the right option for you.

To help you out with this, this post will be exploring a couple of the different ways you can make entrepreneurship less risky. Read more at gentwenty.com.

Don’t Build a Business Without the Right Blueprints

If you wouldn’t think about building a house without blueprints, why would you consider building a business without its own set of blueprints? Like plans for a home, business blueprints should include each component necessary for long-term benefit. The professionals at Acceler8Success Group can help ensure you have the right blueprints specifically for you as you explore the American Dream of business ownership. Learn more at Acceler8Success.com.

Top 9 Risks Of Entrepreneurship

Starting a business is not easy. From ideas to implementation, there are struggles that cloud our minds day in and day out. You are taking a risk. A huge risk. You are laying everything on the line so you can get yourself and your family out of the rat race, once and for all.

While we discussed how hard entrepreneurship really is, we have yet to speak of the risks that come with the title. Remember that entrepreneurship as we define it is not related to business, but rather someone’s ability to innovate and create value for others. Read more at medium.com.

Welcome to The Social Geek Radio Network.

Get in touch with your inner geek. Jack Monson and many special guests discuss social media and digital marketing trends for brands, small businesses, and franchises. 

Social Geek Radio was listed as one of 20 Best Business Podcasts according to Emerge and was named to the Best Small Business Podcasts by FitSmallBusiness.com. Recently, Social Geek Radio finally made the Top 25 podcasts in the Marketing category of Apple Podcasts / iTunes.

Listen, download, subscribe to Social Geek Radio!

9 Secrets to Success as a Serial Entrepreneur—Here’s What They Do Differently

Starting a business is no mean feat: Coming up with a profitable business idea is hard. Implementing a business idea and turning it into a successful business is even harder.

So it’s understandable why, after building a stable business, most entrepreneurs put all their efforts and focus on ensuring the continued success of that business. They do everything they can to make sure the business does not fail, since this would force them to go through the challenges of building a new business all over again.

But there is another crop of entrepreneurs who seem to thrive on the risk and uncertainty of starting a new business from scratch. They are full of business ideas, and as soon as they implement one and turn it into a successful business, they are off to work on another idea—sometimes in a totally different industry. Such entrepreneurs are known as serial entrepreneurs. Read more at allbusiness.com.

Change… Because Failure is not an Option

Like a ship at sea, a business should make directional changes in a long, sweeping manner. Conversely, although abrupt change in direction may create havoc, it may be deemed necessary by the captain and navigation team to avoid what may not be apparently visible on the surface to others on the ship, but is evident nonetheless through compilation of data and viewing radar. In any event, well thought-out plans, including contingency plans must be in place and acted upon to arrive safely at a specific destination within a certain time frame, and with available resources.

However, what happens when seas are rough, or when a storm is approaching, or when an engine shuts down? It’s then the captain’s responsibility to crew and passengers, and to the ship’s stakeholders to make any and all necessary changes to ensure all interests are protected. Thereafter, when the ship is safely docked, management must review the events that took place and explore options to ensure the same problems don’t reoccur. Management must identify ways to improve performance by developing strategy and executing on tactical plans to accomplish objectives at all required intervals – short, mid and long-term. Read more at Acceler8SuccessCafe.com.