entrepreneur tips

Dominate the Digital Landscape with Top Entrepreneur Tips

May 9, 2020

Did you know that nearly 69% of entrepreneurs in the United States start businesses from home? There are infinite opportunities waiting for people who want to become an entrepreneur. However, there are also a fair amount of risks when it comes to navigating a rapidly-changing digital landscape. It stands to reason that the tech industry is unpredictable and difficult for startup owners. This does not mean that you shouldn’t try or that you won’t make entrepreneur mistakes along the way. What it does mean is that you can learn from entrepreneur tips so avoiding entrepreneur mistakes is much easier.

Seek Out a Plethora of Entrepreneur Information

entrepreneur tipsOne of the best tips you will receive when it comes to how to become a tech entrepreneur is to learn from the failure and success of others. Seek out tech entrepreneur resources and sift through the information you find. Then you will be better able to determine what information to use to become the digital entrepreneur you have always wanted to become. Below are entrepreneur tips to help you get started.

Embrace Entrepreneur Tips and Start Your Business Right

Launching any type of business takes a great leap of faith. You can ensure that your faith is in the right place before you take the proverbial plunge by following entrepreneur tips. Of course, there is always going to be an element of risk involved. That does not mean those risks aren’t calculated so you know exactly what you’re doing. A great tip is to always keep moving forward. Just like any other type of business, becoming a digital entrepreneur is a healthy challenge that will require you to develop a certain level of fearlessness so you persevere no matter what.

Turn a Startup into a Business Quickly

There is a difference between startups and businesses. You do not want your venture to remain a startup phase forever. It is essential that your organization has a perfectly clear understanding of your products, customer base, and how to make money for better growth. You may even experiment with various products and tactics before you settle on anything. This is actually quite common. However, in order for your business to scale, you need a firm plan that is based on critical aspects of your business. Once you have a clear understanding, you will be ready to move from the startup phase and settle into becoming a full-fledged business.

Top Entrepreneur Tips Include Looking for Feedback

Something that plays quite a crucial role in every industry is feedback. You need to know how your business is doing on every level and a good way to gauge your success is by using feedback that you have sought proactively. Mirror the energy of your customers with changes they have suggested that will only strengthen your business. Even criticism is positive so you are given a precise direction in which to make improvements.

Embrace Your Failures

Just like negative feedback can help improve your business, so can failures. When you want to truly grow, fail often and fast. This business mantra is repeated often and communicates the virtues of, well failure. Invaluable lessons are to be reaped from mistakes and missteps. You need to put failure in the proper perspective. Look at failures with the possibility of reaching eventual success. Analyze failures closely so you know how and why they happened, and use the lessons you have learned.

Is Your Workload Manageable?

All too often a new entrepreneur will be so full of vigor to get their business stared that they tackle an unmanageable workload. The job of an entrepreneur is to be able to accomplish many tasks for young companies. You should consider setting boundaries early rather than later. More focus is lost when you attempt to do everything all of the time. Establish a healthy workload that you can manage without stressing yourself. This may involve outsourcing for a few functions, investing in digital platforms, or hiring new people.

tips for entrepreneurs

Never Run Out of Online Content Again: Creating Valuable Content for Social Media

May 7, 2020

They say content is king when it comes to marketing yourself or your business online. But what exactly does this mean?

While marketing your services is a large factor in garnering a loyal following, you also want to create valuable (and entertaining) information online. Not only does this make your website, blog, or social media account more memorable, but it also allows your audience to connect with your message.

Wonder how you can create this valuable content, even when it feels like you’re always fresh out of ideas? Read on. Here are online content tips for entrepreneurs.

Tips for Entrepreneurs Online

tips for entrepreneurs

1. Find Your Specific Niche

If you’re still in the process of developing your web presence, you’ll need to establish your online niche first. This allows you to create specific content catered to your target audience. You don’t want it to be too broad. Let’s say you love cooking — but with so many online businesses dedicated to the craft, how are you supposed to stand out? Niche even further down. Focus on cooking desserts, plant-based meals, or recipes suitable for college kids.

2. Batch Your Tasks Throughout the Week

Batch your tasks, as this keeps your creativity and work-flow momentum going. For example, every Monday, focus on writing an engaging blog post. Tuesday can be your chance to interact with your Instagram followers, upload an Instagram post, and story.

3. Show Off Your Personality

Your can still come off personable and relatable without losing an ounce of your professionalism online. If you’re trying to bring in more customers into your auto repair shop, film a quick day in the life, and upload it to YouTube or Instagram. However, showing off your skillset and knowledge should always come first.

4. Improve Your Skills Constantly

Let’s say you’ve mastered the art of creating stunning product photography, however, when it comes to creating an infographic for Pinterest, you’re stuck. You can always take a course online, watch a video tutorial, or hire someone to help you in the area you lack in.

As an entrepreneur, accept that the learning never stops if you want to continue to experience growth.

5. Avoid Entrepreneur Mistakes Online

Common entrepreneur mistakes to avoid when conducting business online include:

  • Not having the same name across all social media platforms
  • Neglecting your uploading or posting schedule too often
  • Failing to understand that running an online business still requires a lot of work

Becoming the Digital Entrepreneur You’ve Always Wanted to Be

There are various tips for entrepreneurs online. However, if you have to pick one to implement, it should be to focus on the quality of your content. Make it exciting and consistent if you wish to gain a loyal following. After all, there are 582 million entrepreneurs worldwide, so always try to stand out from the crowd.

Why Finding A Business Partner Is Easier Said Than Done

May 5, 2020

Finding a business partner can be incredibly challenging, especially when you’re first starting out as an entrepreneur. In fact, many people starting their own businesses skip looking for a business partner altogether. However, this is perhaps one of the most significant common entrepreneur mistakes you can make.

While some businesses can be handled by a single person, most benefit from having at least two people involved. Even if this isn’t the first business you’ve ever owned, you should still consider finding a business partner. However, even if you have an attractive opportunity available that catches the attention of multiple potential business partners, just as important as finding a partner in the first place is selecting the right one for you and your business.

The consequences of partnering up with the wrong person can be steep. After all, finding a business partner essentially means sharing your business with someone. The success or failure of your business could very well be dependent on the person you end up working with. It’s no wonder why so many of the top entrepreneur tips surround finding a business partner that will really work with you, rather than making you work for them. A business partner isn’t an employee, but someone who has reason to invest personally and financially in the business, and really believes in it. With that being said, let’s look into what you should consider when searching for your business partner.

 

What Kind Of Business Partner Are You Looking For?

 

A business partner can fulfill many different roles. One of the main reasons why people get a business partner is funding. After all, 82% of small businesses fail due to a lack of cash. With that being said, taking too much money from one partner often requires giving up a good amount of equity in the business, which can be difficult to do in the beginning. Sometimes, a business partner is taken on more for their knowledge and creative input, or even their specific skills, such as marketing. It’s a good idea, if you’re a brand new entrepreneur, to look for a business partner with connections. These kinds of connections, as well as the experience your business partner offers, will make growing your business much more accessible, even if it remains a challenge.

 

How Should You Seek Out A Business Partner?

 

When it comes to avoiding entrepreneur mistakes, many business experts will advise against choosing a friend or family member as your business partner. There are a number of reasons for this; many people will overlook mistakes or flaws from people they care about, while they can be more clear-eyed with people they share more professional relationships with. You may want to, with this in mind, look into your former or current pool of coworkers, especially if your new business falls into the same industry as your current career. Furthermore, it’s easy to understand the habits of your coworkers, and you can expect them to act similarly when working with you as a business partner. You should also look into networking beyond your job, online, or through people you know professionally. If your current circle isn’t really up to this task, consider taking a class that relates to its industry, or attending a workshop. That’s a great way to make connections, and perhaps find your future business partner.

 

What Should You Look For In A Business Partner?

 

While it’s important that you and your business partner work well together professionally and match one another in terms of skill, you’ll also need to make sure that your personalities mesh well. You don’t want someone who is afraid to offer differing opinions or is a complete echo chamber. However, it’s important that they’re largely consistent with you, and can offer dissent in a mature, measured manner. Ideally, your business partner may have experience similar to yours, but not exactly the same. You’ll want somebody who can offer something different than what you bring to the table on your own, as this will offer the business a more diverse set of skills behind the scenes.

 

There are many benefits to having a business partner; sometimes you’ll need one. Just be careful about who you choose.

entrepreneurship blog

Don’t Underestimate the Benefits of Blogging

Apr 11, 2020

Did you know that over 15 million Americans are self-employed full-time? It is an exciting time to be a digital entrepreneur. Content marketing is a great way to promote your online business although how this is done has changed over the years. Look back in history, ads were mass generated by printing presses and made a massive impact on businesses. Fast forward to present day content marketing and the massive impact comes from digital technology. The common thread is the need for companies to find improved ways to keep their products and services relevant to consumers. An entrepreneurship blog is a perfect way to do this on a digital medium that can reach the masses.

entrepreneurship blog

What Are the Benefits of an Entrepreneurship Blog?

There are many entrepreneur tips that can assist you with an entrepreneurship blog. Have you already started a blog and just feel like your blogging efforts are not what they should be? No matter what size your online business may be, blogging can create a positive impact across the board. Your blog should effectively promote your business while being aimed at your specific target audience and clients. Is your blog adaptive? Can it be read across multiple smart devices? Is your content attractive and engaging? These are all things that need to be considered so your blog can be a success.

Blog Like You Own Your Business

Do you really know what blogging is? Avoid entrepreneur mistakes by becoming more comfortable with blogging. That means you need to start actively blogging for your business. This is the age of marketing online using entrepreneur tips that are guaranteed to make your entrepreneurship blog noticeable to all of the right consumers. You can make blogging your #1 inbound marketing tactic by compiling facts, thoughts, and expert opinions that all relate to your business, audience, and industry. Consider the information on your entrepreneurship blog to live online with the ability to be accessed by anyone visiting your website.

How to Succeed as a Tech Entrepreneur

The best way to succeed as a blogging entrepreneur is to invest in building awareness about your products and services. An entrepreneur blog is an ideal place to get much-needed exposure while increasing your brand visibility. The best part of having a blog for your business is that you don’t have to spend as much on resources like you would with traditional ads and commercials. Create value for users on your blog with strategies provided by entrepreneurs offering inspiration and guidance that is second to none.

Follow Your Brand Voice

Common entrepreneur mistakes include trying to sound like other businesses similar to yours. Your brand is unique and your company has its own voice. Show that you’re an expert in your specific industry by being transparent about your brand. This will build trust within your blog. How your blog is written and looks should fully reflect your brand voice and personality. Those aspects are precisely what will make your blog stand out in all of the right ways. Besides, being fully transparent with your readers encourages more consumers to believe in your brand and want to deal with you.

Your Customers Want Value, So Create It

It never hurts to add value to customer experiences. What does this mean in consideration of your blog? Provide better customer experiences and services than competitors. Blogging provides an inside track to your company. People want to know more about you, they want to get something for free before making a purchase too. The more free information you provide, the more likely it is that potential customers will purchase from your business. Share ideas, recipes, checklists and more and educate before selling. It’s a perfect tactic!

Blogging Benefits Never End

Once you learn top blogging benefits from digital blogging gurus, you are sure to gain more traffic and sales. Don’t miss the key information that could positively change your business for the better. Subscribe to get great content and newsletters sent directly to your inbox.

the digital entrepreneur

Digital Entrepreneurs Are Spearheading the Future of Business

Apr 6, 2020

Per data collected from Kauffman, in the United States nearly 40% of brand-new entrepreneurs are women, and the number of businesses owned by women continues to grow and double the rate of businesses owned by men. Are you interested in becoming a digital entrepreneur? Today, the digital entrepreneur can embark on a plethora of businesses all over the globe with the right marketing and sales in place. There is also plenty of room for expansion when it comes to utilizing online PR, social media and other marketing techniques.

How to Become the Digital Entrepreneur That Stands Out

the digital entrepreneur

An important part of becoming the digital entrepreneur that stands out is avoiding entrepreneur mistakes. The digital marketplace isn’t something that is going to miraculously make money for you while you sleep, although this is possible with the right marketing in place. There are common entrepreneur mistakes that you can avoid. The first is understanding how important it is to get the word out about your business. This is why an entrepreneurship blog is so significant. There is no magic formula, just diligence to study the market so you are targeting the right audience and future clients via your blog.

How to Become a Tech Entrepreneur

The digital entrepreneur that wants to succeed will need more than just a computer with internet access. Certain features need to be set in place that is vital to your success when it comes to standing out from the competition. Tools and knowledge constantly change. Are you prepared to change with them? Researching and studying are both vital assets to every business. This goes double for the digital entrepreneur. You need to know everything you can about the industry for your business and keep learning, don’t ever stop. This is your first step in learning how to start a business successfully.

You will need to study in order to fully support entrepreneurship growth. Everything you learn is used to balance your business when it comes to implementing changes. Read news concerning your market at least an hour a day. The more you spend time learning, the more your products and services will become specialized.

Create a Tech Entrepreneurship Blog

Do you know how to create a tech entrepreneurship blog? Most people have no idea where to start. That’s natural. Creating your own digital entrepreneurship is something that you should take seriously and endeavor to learn more about using tools offered by entrepreneurs who have preceded you. Top digital business owners are available for assistance. All you have to do is provide them with your email address to have newsletters directly sent to your inbox. Starting your own online business just got easier!

Clear up any confusion and learn the basics of blogging for entrepreneurs. Once you have your blog started you can enjoy the many advantages of managing your business from anyplace with internet access. Mobility is the key to digital entrepreneurship that allows you to stay on the go without missing a single step for your business. Enjoy more flexible hours that allow you to work as hard as you need to while conquering the challenges of a startup. Once you have made your mark, the work gets easier. You will be able to define your own schedule so you work during the most efficient hours for you. Break free from the rigid hours of a 9 to 5 job when you run your own digital business.

Do You See Your Digital Entrepreneurship Growing?

Who doesn’t want to see their business grow and reach millions of people globally? What does this mean for a new startup? You want to plan for scalability. Being able to grow your business on a larger scale can increase the volume of production and sales while maintaining a fixed cost. If you know that you want to grow in the future, you can set up your entrepreneur blog to reflect this. Online ventures are much easier to scale than a brick and mortar store.

how to start a business

7 Essential Steps on How to Start a Successful Business in 2020

Apr 4, 2020

The fact that 15 million people in America are self-employed shows that there is no limitation on who can become an excellent entrepreneur. You do not need a business degree or loads of money to become a great entrepreneur.

All the same, you will require a thought-out plan and an internal sense of motivation for your business to thrive. Are you still wondering how to start a business? The following guide will help you avoid common entrepreneur mistakes.

Identify a Business Idea

Coming up with a business idea is the most challenging task that many people face. It is one of the reasons why most people still have no idea on how to start a business. However, this is a mental barrier that you can get through if you sit down and evaluate yourself.

Before you identify a business idea, you need to ask yourself some questions:

  • Why are you starting a business?
  • What are your skills?
  • How much can you afford to spend?

When answering these questions, you have to be incredibly honest with yourself. That will help you create a strong foundation for your business by avoiding entrepreneur mistakes that can make you regret later.

Conduct Your Research

About 22.5% of small enterprises fail within a year. Poor research is one of the causes of such failure. If you already have a business idea, it is now time to balance it with reality. For a business to be successful, it must solve a problem or provide something that the market needs. Ask yourself whether your services are anticipated and who needs them. You can find this information online, from an entrepreneur blog, or through trial and error.

Make a Plan

To make your business idea a reality, you will need to come up with a plan. This is a blueprint that will direct your business from the start-up phase and will establish growth. A plan is a must-have for all the new companies.

Fortunately, there are many types of different plans. For instance, if you are considering finding financial help from an investor, a traditional business plan is recommendable. A simple one-page plan is suitable because it gives you clarity on what you wish to achieve and how you plan to do it.

Finance Your Business

If you are starting a small business, you will need some initial investment and the ability to cover the ongoing expenses before your business starts making a profit.

Analyze a spreadsheet that estimates the start-up cost for your business as well as your anticipated one-year expenses. The combination of the two numbers adds up to the total amount that you will require for your initial investment.

After having a precise number in mind, you can now fund your business through crowdfunding, financing, small business loans or small business grants.

Select a Business Structure

Your business can either be a partnership, sole proprietorship, or Limited Liability Company (LLC). It is crucial to note that the kind of business structure that you choose will have a lot of impact on the business name, how you file your taxes, and your level of legal liability. You may want to consult with a business lawyer or accountant to determine the best choice for you.

Register a Business Name

Your business name will play a significant role in almost all aspects. Therefore, you have to make sure you have chosen a good one. Think carefully about the implications as you explore various options when making your decision. One of the essential tips for entrepreneurs who are wondering how to start a business includes choosing a unique name. You’ll want to conduct thorough research to ensure your business name is not already taken by anyone else in your industry. You can find out this information through the U.S. Patent and Trademark Office (USPTO) or through other directories in your state.

Obtain Licenses and Permits

Conduct research on what type of licenses and permits you will require for your business then apply for them. You may also want to talk to others who have started their own businesses, as well as legal representatives, to ensure you aren’t missing any necessary paperwork.

Once you adhere to the above entrepreneur tips on how to start a business, you will have a strong base for your investment. However, do not expect to succeed overnight. It takes hard work and consistency to accomplish a set goal. Above all, remember to be creative and open-minded.

entrepreneur tips

5 Tips for Entrepreneurs in Stressful Times

Mar 28, 2020

Owning and operating your own business is hard. During stressful times, tech entrepreneurs feel the strain just as keenly as businesses in other markets. We have five entrepreneur tips for you to keep in mind when times get tough to carry your business through the hard times into better days.

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3 Common Entrepreneur Mistakes You Don’t Want To Make

Mar 4, 2020

It’s no secret that it’s challenging to start your own business. After all, if it were easy, everyone would become an entrepreneur in the blink of an eye. That doesn’t mean entrepreneurs aren’t ready to put up a fight.

Despite the fact that 22.5% of small businesses fail in their first year, there are still some 15 million Americans who are self-employed and working full-time. So what can you do to become one of the successful full-timers?

Here are three of the most common mistakes new tech entrepreneurs make when they’re just starting out and how you can avoid making these mistakes yourself:

  1. Not having the necessary skills. It’s one thing to be anxious about what could go wrong and another to be anxious because you don’t know what you’re doing. You never want to start your own business without having the necessary skills to successfully run it. Remember, to be a tech entrepreneur, you not only need to have tech skills but you also need to have the business skills to maintain your plan.
  2. Misinterpreting your market. According to a U.S. Bank study, up to 82% of businesses that fail do so because of problems with cash flow. Whether it’s poorly gauging the demand, overestimating costs, or appealing to the wrong target market, you can break your business by misinterpreting your market. Make sure to do the necessary research before you poor your finances into your business model.
  3. Confusing goals for strategy. Goals are great, but if you don’t have a strategy for how to reach those goals, then you’re setting yourself up for failure. Strategies tell you how you’re going to get from Point A to Point B. Once you’ve established a realistic goal for your new business, make sure to sit down and create a clear and direct roadmap for reaching that goal.

Wondering how to become a tech entrepreneur? You’re not alone. In fact, there are approximately 582 million people currently working as entrepreneurs around the world.

The good news is, if you’re looking for tech entrepreneur tips and advice, you’ve come to the right place. For more information on how to start a business and how to become a tech entrepreneur, contact Rafferty Pendery today.

tech entrepreneur blog

How To Use A Tech Entrepreneur Blog to Succeed as an Entrepreneur

Mar 4, 2020

A tech entrepreneur blog can help you to elevate your online presence. One of the most common entrepreneur mistakes is not building a positive reputation online and establishing yourself as an expert in the field.

A lot of entrepreneurs stay focused on the bigger things like finding a business partner, financing, and other pressing matters and let the tech entrepreneur blog kind fall to the wayside. Staying on top of your blog can help in avoiding entrepreneur mistakes.

What’s The Deal With Blogs?

The internet plays a tremendous role in every industry but a critically important role in the success of tech startups. Blogs are used as a way to share information, solidify your expertise, establish authority in the field, and earn follower’s trust.

A tech entrepreneur blog helps you to connect with other businesses, a client base, and keep your skillset relevant. They can be used for a wide range of communications.

What Should Your Blog Do For Your Business?

The amount of information that is shared on a blog is limitless from sharing videos of a highly respected international speaker in your field to teaching people how to become a tech entrepreneur and everything in between.

Your blog has a few key roles including:

  • Establishing your expertise in the area and networking with other businesses.
  • Providing a communicative forum for clients where they can learn and get information.
  • Selling your business through informative content that is engaging.

If you are in the tech industry it is expected that you will have things to say about the industry and that the level of your expertise is such that you can help other people with their tech questions. A blog is an excellent way to do both.

Another benefit of having a blog is being able to free up time. Answering questions, addressing comments and “meeting people” through a blog is a lot less time consuming than fielding phone calls and rifling through emails. Blogs work both ways, you can spread information and you can also gain information. Commenters can deliver information you can use. You can build a network of support for your business.

Don’t Miss This Important Step In Establishing Your Business

There is no denying the power of the internet when it comes to marketing, having a tech entrepreneur blog can help you to take advantage of all those benefits. Reaching a wide audience without having to actually speak to anyone is easy with a blog. Start your blog today.

How You Can Become A Great Public Speaker (Even If You Hate Public Speaking)

Feb 26, 2020

If there’s one thing that gets people’s guard up in an instant it’s public speaking. It’s estimated that three out of four individuals have speech anxiety and you’ve probably heard about folks being more afraid of public speaking than of death.

It doesn’t matter if you’re speaking about how to succeed in business or how to start an entrepreneurship blog or how to start a business or you’re talking about yourself, public speaking can be a chore and it can affect a career. On average, those who have speech anxiety make about 10% less than those who don’t.

But if you’re someone who has a propensity for public speaking, there’s a lot that can be gained from mastering a skill like that. You never know, you may even be able to turn that into a business. If you don’t believe it’s possible, think about famous self-help gurus or speakers or even politicians. Yes, those folks usually have an angle they’re trying to push, but they can command attention.

Even if you have a deep fear of public speaking, you can become a paid international speaker. How is that possible? These tips can help you make that happen:

  • Practice: The old cliché “practice makes perfect applies to a lot of things, but it especially applies to public speaking. If you’re talking about an entrepreneurship blog or offering self-help tips, you need to work and work and work at what you want to say and how you want to say it. This is backed up by research, which suggestions that the best presentations are 38% your voice, 55% non-verbal communication and only 7% of your content.
  • Keep the message simple: Let’s say you’re an expert on how to start an entrepreneurship blog or how to succeed as a tech entrepreneur. That’s great that you’ve got all that knowledge, but if you’re communicating to an audience, you need to keep the message simple. Why? Audiences need to hear, digest and retain your message. You don’t want to bore people right out of the gate and you don’t want to leave anything important out. By whittling information down to its core principles, this will make it easier to relate to an audience.
  • Have a plan: Depending on the content of your message, you’re likely going to need something of a mental road map to make you present all pertinent information. If you need to, keep note cards handy or even a notepad with bullet points. Think about what you’re trying to accomplish in your speech. What do you want the audience to remember? Knowing what you want to say in the order you need to say it will help you stay focused and composed up on the stage.
  • Show some personality and passion: The best public speakers have a great speaking ability, but the reason so many of them are so good (and you can be too) is by letting your personality and passion into what you do. How do you do that? You do that by telling some jokes or some personal stories that help illustrate some of the broader points you’re trying to make. If you’ve got a great story you can open with and a great one to close with, you’ll have the audience eating out of your hand.
    So if you’re passionate for example about entrepreneurship, let that shine through. Talk to folks interested in business about the benefits of reading entrepreneurship blogs and educated themselves about how they can succeed. It’s estimated that 69% of American entrepreneurs start businesses at home so you might be able to give a speech about succeed in business from the comfort of your couch.
  • Make a connection: If you’re trying to become a successful paid speaker, the best thing you can each and every time you speak is to make connections. You don’t have to prove to audiences that you’re smart. You need to prove that you can communicate and make them listen. Relax and show you’re an audience that you’re relatable, approachable and engaging.

Becoming a successful public speaker or doesn’t happen overnight, but with practice and persistence, you can become a fantastic speaker with a message that makes people listen.

4 Tips for Hesitant Tech Entrepreneurs

Feb 26, 2020

With limitless possibilities and new businesses popping up every day, the world of tech can be overwhelming. Getting your feet wet as a tech entrepreneur is a hugely intimidating task. Still, as scary as it might be, it is important to remember that it’s not impossible. Keeping in mind the following entrepreneur tips can give anyone who is learning how to become a tech entrepreneur the leg up that they need to succeed in the business of their dreams.

 

Take A Leap of Faith

This is the scary part. Taking the first step in any process is the hardest part. Still, when it comes to starting your own business, it can seem like you’re putting everything on the line with no guarantee, make no mistake, you are! There are no guarantees, but without taking a leap of faith, there can’t be any success either. Realize you are not alone, with about 69% of entrepreneurs in the United States start their business from home you are in good company. Taking a risk is how things happen, and realizing early on that as a tech entrepreneur you’re going to have to take risks every day is an important step when trying to enter the startup phase.

Use Your Strengths, and Know Your Weaknesses

Understanding what it is that makes your idea and your company so special is a valuable skill when becoming a successful tech entrepreneur. However, just as important as understanding your strengths is understanding where you and your business may fall short.

For example, let’s say that you know your platform is exceptional. But, you’re not a confident public speaker, lean into digital marketing as much as possible, and work on your public speaking in the meantime. Or better yet, if your company has the resources to outsource the “face” of the company to a more confident public figure, do exactly that, and do so with pride in using your strengths while knowing your weaknesses.

Learn from Your Mistakes, and Welcome Feedback

Completely avoiding entrepreneur mistakes is a task that will quickly reveal itself as impossible. With that in mind, it is important to realize that learning from the inevitable mistakes all entrepreneurs make is an invaluable talent when learning how to start a business.

Along with mistakes comes to feedback, and with feedback comes the inevitable pushback of constructive criticism. It is crucial if you are going to be successful as a tech entrepreneur to welcome feedback of all forms. Whether the feedback you receive is good, bad, or in between, it must be accepted if you’re going to be successful as a tech entrepreneur. It is critical that you accept entrepreneur tips and feedback if your business is going to succeed.

Stay Informed

Like all things in the modern era, tech is an everchanging field, and it is easy to fall behind on the latest trends. Unfortunately, in today’s business climate having a good platform and the smarts to back it up isn’t enough.

For a business to be successful, the people behind the scenes must stay up to date on current trends, successes, failures, and the newest technology. Staying informed can come via an entrepreneur tips blog or even understanding the mistakes of other entrepreneurs in your field. No matter how you keep your business up to date, it is crucial to stay informed!

In Summary

Starting any business is an incredibly challenging task, and a tech business is no different. Still, as long as you keep in mind the fundamental entrepreneur tips outlined above, you are off to a running start. There’s no easy way around hard work and perseverance, but with a strong head and a persistent mind, success is right around the corner for you. Take the risk, realize your dreams.

the digital entrepreneur

How to Succeed as a Tech Entrepreneur

Feb 7, 2020

Startups, especially in the tech industry, begin and die every day. In fact, approximately 20% of small businesses never make past their first year, while another 50% never make it past the five years mark. The good news is that you don’t have to be part of these statistics. You can be part of the 80% of businesses which make it to the second year. How do you succeed as a tech entrepreneur? The tips below will help you learn what you need to do to succeed in the dynamic world of the digital entrepreneur.

Work on Your Public Speaking Skills

As the digital entrepreneur on the quest to find success, you will at some point need to pitch your ideas to a potential tech entrepreneur partner or an investor. You will also need to introduce your product to potential clients. The only way to get them to buy into your ideas or have confidence in your product is by explaining what you bring to the table.

You need to convince them that your ideas, products, and services will be worthwhile. You cannot do so if you are a poor public speaker. You cannot achieve that if the thought of presenting your ideas to a group of strangers makes you cringe.

Start working on your speaking skills today. People who fear to speak in public often make 10% less than those who exude confidence during public speeches.

Focus on Your Strengths

The thin line between the digital entrepreneur and one who fails lies in how the two individuals handle their strengths and weaknesses. A successful techpreneur often capitalizes on their strong areas and outsources the weakness to experts.

As a result, their product or service ends up being reliable as the weaknesses it could have had were it handled by experts. Those who fail, on the other hand, try to juggle it all.

While it’s okay to believe you can get things done and overcome your weaknesses, trying to do everything singlehandedly is one of the most common entrepreneur mistakes, and also one you should avoid if you’re to become a success.

Surround Yourself with the Right People

As cliché as this may sound, it’s a proven fact that those who you surround yourself with can make or break you. If you are constantly surrounded by a bunch of pessimists, regardless of how optimistic you are, it will be difficult for you to achieve your goals as they’ll always discourage you.

You’ll probably not want to keep going after the first few tries as they’ll not give you the encouragement you need during the early, difficult stages of tech entrepreneurship.

On that note, surround yourself with people who motivate you, and those who support you and keep you on your toes constantly. This is the only way you’re going to propel yourself from ideation to fruition as a digital entrepreneur.

Read a lot

The tech industry is highly dynamic and with each dawn comes a horde of new ideas which disrupt not only tech, but also the entire business realm in general. While your skills and talents are great, the only way to learn what is coming up and create disruptive tech ideas is to read wide.

Read on current and upcoming trends, tech challenges, success stories of tech moguls, and the revolution of technology. This will give you exposure and help you become more innovative. Read books both hard and soft copies, tech entrepreneurship blogs, and always be on the lookout for insightful tech entrepreneur resources.

Remember there’s Nothing Like Overnight Success

Creating a legacy for yourself, especially in the ever-changing tech industry as an entrepreneur is a feat not meant for the faint-hearted. It calls for creativity and comes with a lot of discomforts, uneasiness, and ups and downs.

Successful techpreneurs like Bill Gates and Mark Zuckerberg had to start from scratch. While they are at the pinnacle of success today, they’ve had countless setbacks. In that light, as an individual looking for tips on how to succeed as a tech entrepreneur, you need to keep in mind it won’t be easy. Therefore, be flexible to changes, be ready to make mistakes and learn from them, and remain consistent.