Posts tagged entrepreneur

What to Do When You Fall Out of Love With Your Business

  1. Throw yourself into marketing.
  2. Develop new ideas for your business.
  3. Find a mentor.
  4. Stop doing the parts of your business that you hate.
  5. Take up a hobby.
  6. Change businesses.

From “6 Ways to Get Your Business Mojo Back" on OPEN Forum.

The Worst Parts of Being an Entrepreneur Nobody Talks About

1. Depression. Whether you’re talking about feeling a little blue or having a full-on, nonfunctional episode, it’s not uncommon for entrepreneurs to suffer from depression. 

2. Personal sacrifice. Entrepreneurs can sometimes focus on work to the exclusion of things—relationships with a spouse or with children—that will matter more in hindsight.

3. Unhealthy habits. There’s never enough time in a day to accomplish everything, and entrepreneurs often prioritize work over things like exercise, taking the time to eat properly and getting enough sleep.

For three more downsides of being an entrepreneur—and helpful tips on how to address them—visit OPEN Forum.

Work-life balance is hard for everyone to master, but perhaps much harder for business owners. For Marianne O’Connor, CEO of Sterling Communications, it took an unfortunate family emergency for her to learn how to put her personal life first:

"When you have a child who suddenly becomes very ill, it’s like nothing you’ve ever experienced … the sheer number of doctor appointments and emergency room visits. It was really the first time that I had to sort of reach out to my colleagues and ask them to fill in.”

O’Connor’s daughter is better now, but it made her realize she needed to take control of her schedule. She uses her weekends to spend quality time with herself and her loved ones instead of working. Learn how other entrepreneurs found work-life balance while growing their business on OPEN Forum.

Work-life balance is hard for everyone to master, but perhaps much harder for business owners. For Marianne O’Connor, CEO of Sterling Communications, it took an unfortunate family emergency for her to learn how to put her personal life first:

"When you have a child who suddenly becomes very ill, it’s like nothing you’ve ever experienced … the sheer number of doctor appointments and emergency room visits. It was really the first time that I had to sort of reach out to my colleagues and ask them to fill in.”

O’Connor’s daughter is better now, but it made her realize she needed to take control of her schedule. She uses her weekends to spend quality time with herself and her loved ones instead of working. Learn how other entrepreneurs found work-life balance while growing their business on OPEN Forum.

4 Reasons Why You Should Pay Yourself More ASAP

  1. To avoid being a crutch.
  2. To make yourself replaceable.
  3. To keep from resenting your business.
  4. To become more efficient.

To see what we mean, read small-business expert Mike Michalowicz’s take on the importance of paying yourself what you’re worth on OPEN Forum.

Without any money for college, a then 18-year-old Brian Scudamore did what any teen would do: He thought of ways to make money. But instead of finding a job, he created a business that would go on to make revenues of $171 million a year 25 years later.
Visit OPEN Forum to learn more about the story behind Scuadmore’s business venture, 1-800-GOT-JUNK.

Without any money for college, a then 18-year-old Brian Scudamore did what any teen would do: He thought of ways to make money. But instead of finding a job, he created a business that would go on to make revenues of $171 million a year 25 years later.

Visit OPEN Forum to learn more about the story behind Scuadmore’s business venture, 1-800-GOT-JUNK.

goodideaexchange:


12 Surprising Facts About Entrepreneurs
“I have a picture in my head of what the average entrepreneur is like. My guess would be that they’re generally pretty young (think Facebook, Twitter, Google, etc.) living the ramen noodles lifestyle and working a crazy number of hours and often sleeping under their desk.”

goodideaexchange:

12 Surprising Facts About Entrepreneurs

I have a picture in my head of what the average entrepreneur is like. My guess would be that they’re generally pretty young (think Facebook, Twitter, Google, etc.) living the ramen noodles lifestyle and working a crazy number of hours and often sleeping under their desk.”

Breakups and flare ups aren’t uncommon in business, but the startup world seems to have had it’s fair share (see Facebook, Snapchat, et. al).
Zipcar is no exception: The Verge’s (thisistheverge) recent feature “Driven: How Zipcar’s founders built and lost a car-sharing empire” describes how the company’s co-founders Antje Danielson and Robin Chase met at their children’s playground and founded the disruptive company, only to fell apart in the boardroom.
We share three lessons we learned about choosing a co-founder from Zipcar on OPEN Forum.

Breakups and flare ups aren’t uncommon in business, but the startup world seems to have had it’s fair share (see Facebook, Snapchat, et. al).

Zipcar is no exception: The Verge’s (thisistheverge) recent feature “Driven: How Zipcar’s founders built and lost a car-sharing empire” describes how the company’s co-founders Antje Danielson and Robin Chase met at their children’s playground and founded the disruptive company, only to fell apart in the boardroom.

We share three lessons we learned about choosing a co-founder from Zipcar on OPEN Forum.

These three entrepreneurs founded their companies before they turned 18!

5 Steps To Master For A Perfect Elevator Pitch

You ready? Go.

  1. Clarify your goal.
  2. Ask for attention.
  3. Make it sticky.
  4. Determine the situation maker.
  5. Get it right.

Remember, the elevator pitch is a pitch, not a conversation,” writes sales expert and OPEN Forum contributor Grant Cardone. “It needs to be hard, fast and loaded with confidence.”

Via OPEN Forum: “How to Sell Your Idea in 20 Seconds

Women entrepreneurs are on the rise: “The number of women-owned companies increased by 59 percent, while revenues from those companies grew by 63 percent,” according to a recent American Express study.

Kara Goldin of Hint Water, Tory Burch’s eponymous fashion line and Sara Blakely of SPANX are just a few of the women who are leading this new wave of entrepreneurship.

Via OPENForum.com: “The Next Chapter: Women Entrepreneurs Making History Today