The Future of Entrepreneurship

As we continue the celebration of National Entrepreneurship Month, a question comes to mind – What role will entrepreneurs play in the economy over the next 5-10 years?

Investopedia addresses how entrepreneurship affects the economy as promoting economic growth, even if positive effects are sometimes overhyped. It goes on to list four key points for consideration:

  • Entrepreneurship refers to the “pursuit of opportunity beyond resources controlled.”
  • Entrepreneurship has become increasingly socially conscious, taking stock of the impact of entrepreneurial activity on societal issues and tending to view the possibility of addressing those issues as an important function of entrepreneurship.
  • The impact of entrepreneurs on economic growth is overall positive, though it may be more mixed than its proponents realize with evidence pointing towards widely different results within different sectors of the economy.
  • The evidence of how effective socially conscious innovations have been at solving the issues they tackle historically has been mixed.

In an eye-opening article, The Future of Entrepreneurship in the 21st Century, the author, Dr. Srikanth Gaddam points at some of the trends and changes we have seen throughout the business world over the past few years, and what those changes could mean for potential entrepreneurs looking to start their own business ventures in 2020 (and beyond), as well as how those changes could affect the future of entrepreneurship going forward. He lists them as:

The Rise of the Social Enterprise – there has been a sharp increase in the social awareness of consumers and the desire to contribute to businesses who use a percentage of their profits to help a range of deserving causes, and this change in habits has paved the way for a new kind of business venture. These businesses are known as social enterprises and are driven by purpose rather than profit, with a goal of improving the lives of others – and they’re most certainly becoming more and more common in today’s vast business landscape. 

The Importance of Digital Trends – aspiring entrepreneurs should certainly keep a keen eye on the changing trends appearing within their potential consumer base. These trends can then be used to better market products or businesses towards the target demographic, leading to an all-important increase in sales and overall growth of the brand – or they could even be the thing that directs target audience toward the business [idea] in the first place.

Growth of Platforms – there has been a sharp increase in the establishment of businesses that operate using the platform model. A platform is a business model in which the company relies on building a large and prominent user base to grow, achieve prominence and maintain long-term success.

Dr. Srikanth Gaddam wraps up his article with, “Overall, there has never been a better time to set up your own business, as long as you can keep up with the trends and stand out among the rest. You could be the entrepreneur behind the next global cultural phenomenon.”

In 2017, a similar question was asked on Quora – What will the future of entrepreneurship look like 10 years from now? What is your advice for young entrepreneurs?

A response from a founder, brand consultant & teacher:

“The future of Entrepreneurship in 10 years looks very promising. Technology and the information age that we are currently in is paving the way and enabling people to become Founders and CEOs at a higher rate and a younger age than our parents did-I’m speaking about the Millennials. Anyone born after 1982. Starting a business and failing was catastrophic for them, and it would be for some today, but it is easier to rebound from a failed venture today. Don’t ever be afraid to fail, it’s called learning. And you can’t prosper without it. Just don’t make the same mistakes three times. My advice as a Brand Consultant that consults Entrepreneurs every day, don’t put your eggs all in one basket. Don’t start a business and not love what you do and be willing to put the blood, sweat and tears into it.”

I hope the information shared above has helped to spur some thoughts in your own mind about entrepreneurship and especially its role as we face economic uncertainty, a changing business landscape, social issues of the day and so much more. This has me thinking once again about whether I am an entrepreneur. You should ask the same of yourself.

Why is there reluctance to say, I am an entrepreneur? I’ve been asked that question many times. Heck, I’ve asked that question of myself on more than one occasion. It seems, at times we’re prouder to call ourselves, Founder or CEO or to say, I’m a business owner. Why is that?

Are those titles more respectful than entrepreneur? Yet, we hear of late, we’re in an entrepreneurial economy. So, is that a bad thing or a good thing, and especially if we have a hard time fully admitting to entrepreneurship? Or should we just be entrepreneurial in how we approach our work, whatever that truly means?

Are we claiming to be in an entrepreneurial economy to justify the disappearance of the lifelong career at one company and this is just a way to say we need to create and prove ourselves repeatedly, and forget the gold watch?

Back to the reference of being an entrepreneur… Is there a stigma of being a dreamer, always looking for something better, bigger, faster as opposed to what some believe is mundane, repetitive work with the security of a paycheck? Often, I hear it’s mostly due to yesterday’s immigrant mindset of being thankful to just have a job, yet it’s that same immigrant mindset that is the epitome of entrepreneurship.

“Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the results of other people’s thinking. Don’t let the noise of other’s opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.” – Steve Jobs

We are living our fears.

I believe it’s because of fear — fear of failure, fear of what other people think, fear of the unknown, fear of the what if, fear of starting over, fear of change… But it’s when those fears are hit head-on and the adrenaline rush of success far outweighs those fears because you know, deep in your heart, that you have a deeply ingrained talent that can and will make a difference.

Does that mean failures aren’t possible? Hell no, but it’s working through those failures, those blips, those aberrations that provide experience and resiliency to improve and innovate to make the next step, the next task, the next venture successful. That is entrepreneurship. And it’s when I don’t consider what I do as entrepreneurship, is when failure mostly occurs. Conversely, it’s when I focus on what I do as an entrepreneur, complete with that thinking outside the box and failure is not an option perspective, and when focused more on results as opposed to opinion of others, THAT is when success mostly occurs.

Yes, I’m an entrepreneur. My focus will stay as such as it is not only good for me, but also for my family and for those that rely on me to help them achieve their wishes, hopes and dreams! Why? Because I believe in possibilities, as without them, there are none.

Please spread the word about National Entrepreneurship Month. After all, we do need more and more entrepreneurs. Recognizing and celebrating entrepreneurship will help inspire and motivate entrepreneurs in ways that we may not yet be able to imagine. As well, it can go a long way toward inspiring future generations of entrepreneurs.

Have a great day. Make it happen. Make it count!

Today’s Entrepreneurs: Visionaries or Doers?

It’s Day Four of celebrating National Entrepreneurship Month at Acceler8Success Café. After spending the past few days discussing the definition of entrepreneurship, we will now look at today’s entrepreneurs and their thought process.

Today’s Entrepreneurs

The world around us has become so noisy that it’s easy to not hear opportunity knocking. In the past, opportunity presented itself in only a few ways… job offers, a referral, an ad in the paper. Business was regimented… 9 to 5, straight forward processes, slow to change, staying inside the box.

Well, technology along with our lost feeling of security, job and otherwise has provided us opportunities and reasons that we must keep our eyes open, explore beyond our comfort zones. We must maintain an open mind to create things of value, to control our own destiny, to diversify our income, to take calculated risk, and to think and act outside the box (of complacency, fear, and procrastination).

We’re in an environment where the visionaries continue to create the playing field but it’s only the doers who will win. Acting swiftly, yet decisively, albeit deliberately, often throwing caution to the wind, caring little about what others think of them and their decisions, maintaining a laser-focus to not only succeed, but to thrive. These individuals not only make things happen, but they also make them count, and in a big way.

They are today’s entrepreneurs.

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An Entrepreneur Knows

An entrepreneur knows to wake up in the morning and immediately begin planning the day ahead.

An entrepreneur knows to do this despite having already done so the night before and possibly several times throughout the night.

An entrepreneur knows he or she will awaken hungry for results.

An entrepreneur knows new ideas will be churned and devoured by his or her mind each day, each hour, each minute.

An entrepreneur knows the hunger for success has no end.

An entrepreneur knows all too well the success bar will keep rising.

An entrepreneur knows personal expectations will continue to grow.

An entrepreneur knows the fire in his or her belly must be fed continuously.

An entrepreneur knows he or she must accomplish more and more each and every day.

An entrepreneur knows the hunger will persist no matter how much he or she bites off.

An entrepreneur knows to chew faster and faster to keep from choking.

An entrepreneur knows to survive and to succeed is to fuel the hunger, not curtail it.

An entrepreneur knows all this because it’s in his or her DNA.

An entrepreneur knows…

Have a great day. Make it happen. Make it count!

Is entrepreneurship being harmed by misperceptions?

Yesterday at Acceler8Success Café, as the celebration of National Entrepreneurship Month continued, I addressed the definition of entrepreneurship. It was quite interesting to research the multitude of definitions, explanations, and perspective on entrepreneurship. A well, it was eye-opening to see how the words entrepreneurship and entrepreneur are often referred to in an interchangeable manner.

Today, I’d like to share how individuals from various walks of life have expressed their understanding and perception of entrepreneurship.

Freedom to do what I want to do. Control my own destiny. Spend more time with my family. Take more vacations. Play golf as often as I’d like. Not having to be accountable to anyone. These are just some of the statements I hear all too often from individuals that want to be an entrepreneur. Or think they do!

When I ask them to define entrepreneurship, almost all respond with their thoughts of glory, reverence, and the materialistic aspects of success. I ask them to tell me what they believe an entrepreneur looks like. It’s interesting to hear most describe a middle-aged male wearing dark, fashionable clothes. They describe this person as having a tan and wearing sunglasses. Seemingly, they wear sunglasses all the time. Many reference the look of Mark Cuban and Ralph Lauren.

They describe entrepreneurs as being very cool and relaxed. An open collar shirt or expensive T-shirt is the order of the day along with a dark sports coat or suit jacket. Yet, they’re emphatic that it’s not what had been previously labeled as traditional business wear. No ties. Several were adamant that a golf-type shirt was unacceptable, especially with a country club logo. Although, a polo shirt with a name brand logo would be acceptable some days.

Interestingly, the responses are very similar from those 30-55 years old. The under-30 crowd are more inclined to describing a young celebrity appearance as their entrepreneurial success look. More interesting are the similar responses from men AND women. When I push women a bit to share their thoughts about the look of a successful female entrepreneur, I have found they tend toward explaining how the female entrepreneur acts, as opposed to how they look. It seems like they’re describing the Meryl Streep character in the movie, A Devil Wears Prada.

Considering the popularity of TV reality shows like Shark Tank, The Profit and Undercover Boss along with series like Billions and Succession and how business moguls (entrepreneurs) are depicted in the movies, it’s easy to realize how entrepreneurs in general have been stereotyped into the minds of many considering entrepreneurship today. Even across the Real Housewives franchise where some of the wives and most of the husbands have achieved varying levels of entrepreneurial success, the influence about entrepreneurship is front and center.

Sadly, what isn’t realized or showcased is the work and effort it takes to achieve entrepreneurial success. And what about the risks and hardships of being an entrepreneur? Dare I mention failure as an entrepreneur and its potential ripple effects?

That has me thinking, is entrepreneurship ultimately being harmed by misperception of what entrepreneurship is about – launching ideas, taking risks, solving social problems, innovating, creating jobs, etc.? As such, are tomorrow’s entrepreneurs being set up to fail due to these misperceptions? That’s a scary thought considering the popular opinion that it will be entrepreneurship that will save our great nation.

Have a great day. Make it happen. Make it count!

Entrepreneurship Simply Defined, or Not!

As we continue celebrating National Entrepreneurship Month, it makes sense to understand the meaning of the word, entrepreneurship. I say that it makes sense as there are varying definitions mixed in with perceptions and even some inaccuracies. After all, how could we possibly encourage the celebration of something without an understanding of what it is that is being celebrated?

So, what is entrepreneurship?

A search on Google of the phrase, Definition of Entrepreneurship produced “About 1,020,000,000 results” as posted at the top of the search page. That is over one billion results!

The first result, from Oxford Languages defines entrepreneurship as “the activity of setting up a business or businesses, taking on financial risks in the hope of profit.” That is simple enough, but too simple when considering the complexities of entrepreneurship.

Wikipedia takes things to a different level with the interchanging of the word, entrepreneur with entrepreneurship. Seemingly, one cannot be defined without the other. In fact, at the top of the page is the following message: Entrepreneur redirects here.

Their definition, comprising of four paragraphs, is as follows:

Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones.

An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

More narrow definitions have described entrepreneurship as the process of designing, launching, and running a new business, which is often like a small business, or as the “capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit.” The people who create these businesses are often referred to as entrepreneurs. While definitions of entrepreneurship typically focus on the launching and running of businesses, due to the high risks involved in launching a start-up, a significant proportion of start-up businesses must close due to “lack of funding, bad business decisions, government policies, an economic crisis, lack of market demand, or a combination of all of these.”

In the field of economics, the term entrepreneur is used for an entity which could translate inventions or technologies into products and services. In this sense, entrepreneurship describes activities on the part of both established firms and new businesses.

On the tenth page of search results is an interesting article, A New Definition of Entrepreneurship. It defines entrepreneurship as “the pursuit of opportunity beyond the resources you currently control.”

The following search result, also on page ten is an article, What Is Entrepreneurship? Meaning, Types & Examples. The article states, “Traditional definitions of entrepreneurship define the term as the act of starting and scaling up a business from scratch. While this is essentially true, the modern connotations attached to this word have taken on a whole new meaning.”

It goes on with the question – What is Entrepreneurship? followed by the following explanation:

“The very existence of the term entrepreneurship differentiates it from the act of business. While business, as we know it, is at its core the buying and selling of products and services to turn a reasonable profit, entrepreneurship goes farther than the common concept of commerce. Entrepreneurship seeks to change the world by discovering opportunities where none previously existed. They convert new inventions into viable products and provide consumers with the means of meeting their needs.

At its very core, entrepreneurship is an approach to solving real-world problems, often with the help of technological breakthroughs.

As a result, the term entrepreneur applies equally aptly to persons who start entrepreneurial ventures as well as to corporate entities which take the steps to endeavor into uncharted business territory for the sheer pleasure of exploring something new. An entrepreneur is at heart a risk-taker who tries something new, and entrepreneurship an adventure for only the brave at heart and strong of mind.”

And I love the following which is a disclaimer of sorts:

“But what makes entrepreneurship so very different from ordinary businesses? To know this, we must delve deeper into the very characteristics of the concept.”

So, is entrepreneurship a description along the lines of craftsmanship and workmanship, implying a higher level of skill? Is entrepreneurship also a business model in and of its own as may be the implication of “being different from the ordinary business?” Or is entrepreneurship considered an interchangeable reference to an entrepreneur? Although, I am not so sure of the latter as I was taught early on not to use the word in the definition such as, a baker is a person who bakes. Stating that an entrepreneur is someone who engages in entrepreneurship just does not make sense.

Are you confused yet? I ask, as I believe I may be confused!

The ‘correct’ answer can be found on the fourteenth page of the search results. The result is an article, Definition of Entrepreneurship by Different Authors. I believe this may have been more relevant on the first or second page of search results. But then again, there is a few differing opinions – or just varying perspectives based upon firsthand experiences. I know, I may be grasping for straws here but why is that not a clear-cut definition of entrepreneurship?

The best way to understand entrepreneurship is to view the following video. It is one that I have shared several times before. Obviously, it is one of my favorites as to me, it is a simple definition albeit extended over 24 minutes or so. Although, entrepreneurship and entrepreneur are once again interchanged.

Have a great day. Make it happen. Make it count!

Entrepreneurship Takes Center Stage

November is National Entrepreneurship Month in the United States, a time to celebrate the entrepreneurs who serve their communities and bolster the American economy. On November 15th, we also celebrate National Entrepreneur’s Day. In addition, during the week of November 14-20, we recognize the American spirit of entrepreneurship abroad by celebrating Global Entrepreneurship Week (November 14-20).

Starting today and running through Sunday, November 20th, I will expand my focus at Acceler8Success Café on entrepreneurship as a way of celebrating National Entrepreneurship Month and related activities.

I will also promote various levels of entrepreneurship including but not limited to small business, franchising, startups, and restaurants. As well, I will share insight and perspective on entrepreneurship and its expanding reach into various demographic groups.

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Considering current challenges and economic uncertainty – and dare I say, recession – entrepreneurship as a path toward recovery will be addressed. After all, a recent article at Forbes.com, A Recession Provides Opportunity for Growing A Business provided insight that recessions are a great time to start a new business. Throughout history, recessions have been a driving force behind the creation of innovative and successful companies.

A Proclamation on National Entrepreneurship Month, 2022

According to the Proclamation at WhiteHouse.gov, during National Entrepreneurship Month, we celebrate the doers, dreamers, and job creators whose vision and grit fuel our economy and capture the essence of America. 

Starting and owning a business has always been a key path to the American Dream — a way to build wealth, serve your neighbors, and leave a mark in a community and on the world. Requiring risk-taking and daring, entrepreneurs faced additional challenges during the pandemic and the economic crisis that it created. Two years ago, hundreds of thousands of small businesses closed, while others struggled to find workers and stock their shelves. But as we have recovered, Americans have responded with entrepreneurial spirit, seizing the opportunity to build new businesses and launch new careers.

Read the Proclamation at WhiteHouse.gov

National Entrepreneur’s Day

According to NationalToday.com, in 2010 entrepreneur Siamak Taghaddos started a petition to create a National Entrepreneur’s Day. He didn’t understand how America, though considered the most entrepreneurial country in the world, didn’t already have a day dedicated to recognizing entrepreneurs. Six months and thousands of signatures later, President Obama proclaimed the last day of 2010’s National Entrepreneur Week as National Entrepreneur’s Day.

Read about National Entrepreneur’s Day at NationalDay.com

Global Entrepreneurship Week

NationalDay.com also references Global Entrepreneurship Week as a global celebration of entrepreneurship that occurs in the second week of November, from November 14–20 this year. During this week, people from various countries worldwide come together through local, national, and global events to create solutions for worldwide economic growth.

Read about Global Entrepreneurship Week News at GenGlobal.com

So, as we move forward to celebrate entrepreneurship, let’s start with an understanding of how entrepreneurship has played a pivotal role in our nation going back to 1776.

Thomas Paine, an English-born American political activist wrote The Entrepreneur’s Creed. He also authored two of the most influential pamphlets, Common Sense (1776) and The American Crisis (1776-1783) at the start of the American Revolution and helped inspire the Patriots in 1776 to declare independence from Great Britain.

I find it interesting that Paine somehow looped in entrepreneurship with the politics of the day. It almost sounds like what’s going on across our country today. Especially, as it’s been repeatedly stated that entrepreneurship is the backbone of American ingenuity, and it will be entrepreneurship that will drive our country’s recovery.

Yes, it’s interesting in that I see things coming full circle since 1776. It’ll be even more interesting to see if the next 250 years will parallel American History.

Freedom. Independence. Entrepreneurship. The combination of the three… What a novel idea!

The Entrepreneur’s Creed

“I do not choose to be a common man,

it is my right to be uncommon … if I can,

I seek opportunity … not security.

I do not wish to be a kept citizen,

humbled and dulled by having the

State look after me.

I want to take the calculated risk.

to dream and to build,

To fail and to succeed.

I refuse to barter incentive for a dole.

I prefer the challenges of life

to the guaranteed existence.

The thrill of fulfillment

to the stale calm of Utopia.

I will not trade freedom for beneficence

nor my dignity for a handout.

I will never cower before any master

nor bend to any threat.

It is my heritage to stand erect,

proud and unafraid.

To think and act for myself,

to enjoy the benefit of my creations

and to face the world boldly and say:

This, with God’s help, I have done.

All this is what it means

to be an Entrepreneur.”

Have a great day. Make it happen. Make it count!

Planning for the New Year: Do it now!

Before we know it, the new year will be upon us. Questions are likely already coming to mind. Have both personal and business goals been achieved for this year? What of the New Year’s resolutions set earlier this year? Of the various goals and resolutions that missed the mark, what happened? What went wrong? Of those that did hit or exceeded the mark, what made the difference?

These are questions that must be answered to springboard into the new year. A plan must be in place well before January 1st to get off on the right foot. This means that there’s work to do between now and year’s end. Of course, the upcoming holidays can be a distraction.

And although it is important to spend time to get together and celebrate with family & friends, it is essential that work-life balance be maintained. Except, as the focus throughout the year is to ensure ample time is spent on the life part of the equation, now is the time to make certain the work component is not ignored.

A word to the wise… do not procrastinate! Do not push off planning until after the holidays lest the opportunity of moving forward as the ball drops over Times Square will be delayed. And, delaying attention to the tasks at hand for the time between Christmas and New Year’s celebrations is a recipe for disaster. Diligence will be lacking in the effort to just get it done.

With today’s challenges and economic uncertainty, there is no room in our lives for if, can’t & try – just do, as where there is a will, there is a way if something is wanted bad enough. It all comes down to commitment… relentless, unparalleled commitment!

Anthony Robbins says, “There’s always a way – if you’re committed.”

Yoda, of Star Wars fame said, “No! Try not. Do. Or do not. There is no try.”

And of course, Nike may have promoted it best with, “Just do it.”

The new year is a chance to start over – a fresh beginning. It is a good time to set new goals, change old habits and try new things. It is also a great time to revisit wishes, hopes, and dreams. If we do not use time wisely to get out of our comfort zone and our state of complacency, we will remain right where we are. Therefore, we must start our new year today, not in January.

I’ll leave you today with the following quote from Albert Einstein. I trust it will spur thoughts that I hope will be helpful as there are lessons to be learned in his words – actual ones for the world we live in today, and subliminal ones that can help us personally.

“Let’s not pretend that things will change if we keep doing the same things. A crisis can be a real blessing to any person, to any nation. For all crises bring progress…

Creativity is born from anguish, just like the day is born from the dark night. It is in crisis that inventive is born, as well as discoveries, and big strategies. Who overcomes crisis, overcomes himself, without getting overcome. Who blames his failure to a crisis neglects his own talent and is more respectful to problems than to solutions. Incompetence is the true crisis…

The greatest inconvenience of people and nations is the laziness with which they attempt to find the solutions to their problems. There is no challenge without a crisis. Without challenges, life becomes a routine, a slow agony. There is no merit without crisis. It is in the crisis where we can show the very best in us. Without a crisis, any wind becomes a tender touch. To speak about a crisis is to promote it. Not to speak about it is to exalt conformism. Let us work hard instead…

Let us stop, once and for all, the menacing crisis that represents the tragedy of not being willing to overcome it.”

Have a great week ahead. Act swiftly. Act decisively. Make it happen. Make it count!

When the Future is Fogged

When the future is fogged and ahead lays opportunity but risk, it is better to tread a careful path through the uncertainty than to wait for the mist to clear, if it ever does. – Anonymous

Sometimes we can barely see across short distances such as is often the case with early morning fog. However, if we’re pointed in the right direction, having positioned ourselves just right, we’re aware of what lies ahead.

Whether it be from past experiences, or by following a detailed map, or even by using our senses to realize points of reference, we must trust we’re moving in the right direction. Often, intuition kicks in prompting us to make slight changes in direction. We must trust that gut feeling and act accordingly — but we must prevent from wandering aimlessly off track and into the unknown.

Much can be said about life as a journey. It’s mostly clear sailing with occasional storms that can be navigated with minimal, yet steady effort. Until, of course, we’re faced with a category 8 hurricane or F5 tornado when just surviving becomes our primary goal.

“Confidence is something you create when you believe in yourself.” – Anonymous

We must have unwavering confidence in our plans and also in our abilities. We must listen to our intuition. We must make changes swiftly and decisively. We must make it happen. We must make it count!

Have a great day!

In the Face of Fear

The mantra of Acceler8Success Group is to act swiftly, act decisively, make it happen, and make it count.

So, how does one do so in the face of fear?

“There’s nothing to fear but fear itself” is a very true statement. Unfortunately, that may be easy to comprehend but it’s not easy to act upon. Fear in hearing no makes the salesperson drag out the sales process. Heck, maybe is better than no is actually the justification.

However, the longer the salesperson hangs onto maybe the more time is wasted — time that could be used on realizing other opportunities including actually closing other sales. Of course, there are similar situations outside sales.

Doing nothing when a definitive decision is necessary is often due to fear in making the wrong decision. Not asking a question because of fear the answer is not what you want to hear. Fear causes wrong decisions, procrastination and so many different things that are certainly not progressive or proactive.

Typically, it starts a domino effect of reacting and like dominoes, once they start toppling over it’s difficult to stop the momentum… and quickly, it gets away from you. So, realize your fears, act decisively and move forward, but don’t let fear paralyze you.

Conquering Fear

Fear can only be realized as we’re able to admit being scared. It’s only with that admission and realization that we can work through fear and hopefully, overcome it. As fear is such a strong emotion that easily grips the soul, it takes time and patience to overcome such a grip. Little by little, fear can be replaced by courage gained from confidence that fear is just a challenge to be conquered.

Although, conquering fear does not have to be done alone. Instead, collaborative efforts aligned with common goals truly exemplify the phrase, ‘strength in numbers’ and it’s that strength that will make it easier to defeat fear. Easier said than done? Possibly, but the alternative is being overwhelmed by fear and that, we recognize, is not living…

Talk to a friend or a colleague today about your fears. Doing so will go a long way toward realizing that there truly is nothing to fear but fear itself.

Conquering Fears to Becoming an Entrepreneur

Have you ever dreamt of becoming an entrepreneur?

If you answered yes, what’s stopping you?

If it’s because you’re scared, then you’ve got company. Fear is the most common reason people fail to start their own businesses. Fear of the unknown, fear of failure, or fear of losing the steady income from their day job.

Of course, there’s a good reason for all of these fears. Around 50 percent of small businesses fail within five years, so it’s no wonder people hesitate to pursue their dreams of entrepreneurship.

Making the decision to become a full-time entrepreneur and go “all in” on my startup was one of the hardest but most rewarding experiences of my life. If you’ve got big ideas for a business but fear is holding you back, read about some steps you can take to move past those worries and start your entrepreneurial journey HERE.

“Do not fear mistakes. You will know failure. Continue to reach out.” Benjamin Franklin

Have a great day. Make it happen. Make it count!

11 Reasons to Read Positive & Motivational Quotes

A positive person focuses on what’s good in their life, finds joy in the simple things, and takes the general attitude that while there are lots of things they can’t directly control, they can control what they choose to focus on. Positive people can inspire and influence others to reframe and to think about things differently. They can be infectious in a good way.

Beginning each day on a positive note can increase your productivity and even improve your overall health. Time to get those positive thoughts flowing! Starting your day off right has always sounded like a nice idea, but now a new study indicates that “waking up on the wrong side of the bed” is more real than ever.

Positive & Motivational Quotes: A second voice that echoes our thoughts, beliefs & claims.

If you spend even a short amount of time on social media you’re bound to come across a quote or two. I’m sure we could divide quotes into quite a few categories but to me, it’s really just three categories. Quotes that either motivate me, inspire me, or those that spur my emotions.

Mind you, I’m not referring to memes. I’m talking about quotes from influential and famous people, from movies, books, and the like, and from individuals that actually write inspiring words and place them on beautiful images.

Quotes can open our eyes and minds to understand truths and acknowledge things we might otherwise have missed. They let us see life from another, wider perspective, and in this sense, they expand our mind and awareness.

A quote can spur us to reflect as they may be applicable to a specific task or event occurring in our lives right at that time. Reading quotes can improve how we feel and change our mood for the better. Often a quote can offer inspiration for the day or week, and inspire us when our normal motivation has lapsed.

Quotes can act as reminders to focus us toward a specific goal or plan of action. Either as a short sentence or as several sentences, quotes are typically easy to memorize. As such, we can refer to them often and as we may be so inclined, share with others at appropriate times.

Inspirational quotes can remind us to see our mistakes and setbacks as great learning opportunities, and provide comfort that there is nothing that we can’t learn from. Rather than living in the past and recycling old news, we gain support to move past our regrets and learn from them.

Another reason we love inspirational quotes? They affirm what we already know (or think we know) about ourselves. One of the greatest human motivations is our desire to be able to both fit into categories or types of people, and to feel like we’re in good company (and, often, limited company) once we’re there.

Interestingly, scientific research has shown that motivational quotes make us feel the same as actually accomplishing something. If that is correct, then that could be a very, very, very bad thing.

Quotes, especially on social media can be quite distracting as there are just so many that are shared every day. I do value the ones where the person sharing the quote actually shares their own thoughts about the quote.

A good quote can be the heart of a compelling article, an interesting story, or a compelling speech. As such, good quotes help to tell a story and enhance the credibility of a press release, news story or speech.

Words that are crafted well can leave a lasting impact on us, while similar words presented by us can leave a lasting impression on others.

11 Reasons to Read Positive & Motivational Quotes

  1. Motivational quotes motivate, inspire and encourage.
  2. Motivational quotes energize and prompt you to take action.
  3. Positive quotes create optimism and hope.
  4. Motivational quotes give insight and wisdom.
  5. Motivational quotes offer hope.
  6. Positive quotes bring light and happiness into our day.
  7. Motivational quotes teach.
  8. Motivational quotes open the mind to see life in a wider perspective.
  9. Motivational quotes are mood changers.
  10. Positive quotes inspire you to adopt positive thinking and take positive action.
  11. Reading motivational quotes does not require effort.

*Credit to Remez Sasson, author of the blog post, Motivational Positive Quotes – 11 Reasons to Read Them at SuccessConsciouness.com.

Have a great day. Make it happen. Make it count!

Revisiting the Idea of a Standard Short Work Week

With recent news of a Chick Fil A franchisee being creative with a 3-day work week, I thought it’d be interesting to revisit a prior article at Acceler8Success Cafe, Is a 4-day work week realistic, practical, feasible across the board?

Let’s start with the article about the 3-day work week…

While many restaurants are having a hard time finding staff these days, Justin Lindsey is weeding through a pile of applications so tall you’d think he was hiring for a Chief Taco Officer or Chief Candy Officer. But he’s not. The operator of Chick-fil-A Kendall in Miami, Florida is looking for fast-food workers. Fortunately for him, they’re applying in droves, as first reported by QSR magazine.

Last month, Lindsey received 429 applications in one week for just one full-time position. Surprisingly, the biggest draw wasn’t the competitive wage — it was the three-day workweek.

Read the complete story, Chick-fil-A operator introduced a three-day workweek, and applications are pouring in HERE!

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Now, let’s revisit…

Is a 4-day work week realistic, practical, feasible across the board?

The discussion about a 4-day work week continues to heat up. Hardly a day goes by that I don’t see an article debating the pros and cons, as well as the “necessity” of having an additional day off from what has been the typical 5-day work week for years. It’s interesting to read different perspectives on the topic. From business owners to executives to salaried staff to hourly employees, all seem to be making strong points whether for or against the movement.

I first became aware of a 4-day work week back in 1978 when I moved to a small town just outside San Antonio. USAA, one of the world’s largest employers in San Antonio at the time and still today, was on a 4-day work week. I thought, what a great idea. Of course, at the time I was only thinking about it from the perspective of an hourly employee.

Oh my God, 3-day weekends, every weekend!

As someone who has mostly worked in a home office for the past twenty-plus years, I really don’t have a set work schedule. Actually, I do but what I don’t have is a set schedule to end my workday, or for that matter, even to start the workday. Sure, we could debate the premise of entrepreneurs working 16-hour days, 6-7 days a week as being ridiculous and unnecessary, and essentially being nothing more than a foolish badge of achievement but let’s keep that for another day. I promise we will address it here very soon.

Today, let’s look at the 4-day work week from the small business owner’s perspective. Is it feasible to operate the typical small business only 4 days? For the most part, the answer is no. After all, the business will need to be open 6, if not 7 days a week. It’s certainly a different situation than that of an office setting for a major corporation that could essentially close an extra day like a weekend day. Or schedule overlapping shifts and remain open 5 days a week.

Yes, there are options and probably some very creative options to make it work. Or are we really talking about moving to a 4-day work week but keeping daily schedules at 8 hours, at the same wage as for a 40-hour work week? With already slim margins at the typical small business, that seems impossible to even consider. For restaurants, I don’t see any way it would be possible.

That all said, I am an advocate for a 4-day work week at 8 hours per day. In certain work environments, I can see how it could actually increase productivity as some of the case studies have proven. A 4-day work week could go a long way to improving employee wellbeing and mental health. Yes, I could see the benefits, but I can also see the pitfalls.

Personally, I envision the 4-day work week as an option. For some companies it could work. I just don’t believe it can be something that would work effectively across all industry segments and especially, in a society that is driven by instant gratification and convenience. Therein is the key.

I believe the 4-day work week would have had more of a chance of being successful across the board back in the day, when weekends were days of leisure, family and worship.

Many businesses were closed on Sundays and workers had the day off. Saturdays were for errands and chores and dealing with things that weren’t done during the week. People stayed close to home washing their cars, mowing their yards and grabbing a few things at the local grocery store.

Customer-facing businesses were open, typically until 5-6 PM but banks, offices, etc. were closed on Saturday. So, it was mostly small businesses that were open. For businesses that were open on Sunday such as bakeries and restaurants, they closed early on Sunday and all-day Monday, as well.

Of course, that is not the case today as we are accustomed to being able to do what we want to do and at any time during the day. We’ve even grown accustomed to stores being open on major holidays, late hours and 7 days a week. Do we really need to shop at 6AM the day after Thanksgiving or shop for furniture at 10PM or for anything on Sunday? Certainly not, but it is what we want. It’s what we command.

If off from work an extra day per week, what would we do that day? Would that extra day be like the typical weekend is today with us running from store to store, almost at a frantic pace? If work schedules revert to a 4-day work week, will extra workers be necessary to man the stores and restaurants? Will some people look to take on an extra job with an extra day off, thus killing the notion of the extra day being necessary for one’s wellbeing and mental health?

I really don’t believe there is a one-size-fits-all solution. Yes, the 40-hour week should be an option, but it cannot be the rule of thumb across the board. That is, unless our mindset as a society reverts to the way it was back in the 1950’s. I just don’t see that we can revert back to living an Ozzie & Harriett life again. I, for one will not be wearing a tie for dinner while sitting at my dining table? I look forward to your thoughts, so please don’t be shy!

Have a great day. Make it happen. Make it count!