tech entrepreneur

Skip Networking and Make Real Connections: 5 Places Where a Tech Entrepreneur Can Meet Liked-Minded People

Jan 17, 2019

Making connections with other tech entrepreneurs can benefit by providing you with new business perspectives and a wide range of contacts which can help your business grow.

Making connections online or in person is a very salient investment in the business world. It is a very critical step for both of your own personal growth and the growth of your business.

Why Should You Connect with Other Tech Entrepreneurs?

Multi Leverage Marketing (MLM) poses a great opportunity for growth as an entrepreneur. It has been used to benefit those at the top of the pyramid.

This famous business strategy is being utilized by huge and even medium scale businesses to promote and make lifetime consumers of their products. It is a strategic way to invite more people to be the company’s consumers and distributor at the same time.

Pairing bonuses are given to the member of the organization if they have invited other people to be part of their growing organization’s pyramid structure.

As promising as it may seem, networking types of business don’t stay in the business through real connections. You can also gain exposure, gather some business insights and explore free mentoring opportunities.

Take advantage of the situation and the contacts you’ve made. Build rapport with them at your meet up event and help your business grow. Don’t hesitate to initiate a friendly conversation with your fellow tech entrepreneurs.

Making connections with other tech entrepreneurs can benefit by providing you with new business perspectives and a wide range of contacts which can help your business grow. Making connections online or in person is a very salient investment in the business world. It is a very critical step for both of your own personal growth and the growth of your business.

Where You Should Be Looking For Connections?

Among other social networks which you can use to make real connections, Twitter gives you full access to real-time action. Your Twitter feed provides current news and information across every industry.

It can also help introduce you to persons who may be in your field. Reach out to these like-minded individuals and forge connections by adding value. The most important question to answer when networking is, “What do they want from this?”. 

Remember to use your personal connections. Ask them if they know anyone who might give you insight into your business development and growth.

They might give you contacts of possible customers or even recommend a business adviser. This can offer valuable insights into how you can grow your business.

Organize or Attend Local Meet-Ups

Organize one local event where you can gather your friends (and their friends). As the event organizer, you can capitalize on your position as host. Where can you find new friends to populate your event?

Look for like-minded individuals and make connections through entrepreneurial organizations. Examples of these include the Entrepreneurs’ Organization, Young Entrepreneur Council, FoundersCard, Social Enterprise Alliance, and the United States Association Small Business and Entrepreneurship.

These organizations provide you a great avenue to have a great network for your business through real connections. You can also gain exposure, gather some business insights and explore free mentoring opportunities.

Take advantage of the situation and the contacts you’ve made. Build rapport with them at your meet up event and help your business grow. Don’t hesitate to initiate a friendly conversation with your fellow tech entrepreneurs

More for the Tech Entrepreneur 

It’s a breath of fresh air to be away from your regular workplace sometimes and have a little yet meaningful conversation. A healthy exchange of ideas with a fellow tech entrepreneur might give you all the answers you’re looking for.

For more insight into the world of tech, visit our website for more.

tech entrepreneur

A Match Made in Tech: How to Become a Tech Entrepreneur and Find a Business Partner

Jan 17, 2019

Most people begin to realize how difficult starting a business can be not too long after they’ve begun building. At times, it seems as if it might be a lot for one person to handle. Because of this, most entrepreneurs find partners to help them along the way.

However, finding a partnership isn’t as always as cut-and-dry as it sounds. There are specific factors to consider if you want to find the right partner that will enhance your business ideas and collaborate with you. Keep reading below if you are a tech entrepreneur who would like to find the perfect person for a business partnership.

Find Someone With Skills You Don’t Have

Here’s the thing, when you’re a tech entrepreneur there are some things you will not want to handle, and that’s okay. You may want to look for a partner who has the skills and qualities you either don’t possess or prefer not to learn.

For example, search for someone who will take on the more creative aspects of the business if you love coding and developing websites but don’t want to do any of the graphic designing or copywriting. No one will want to do everything, so find someone who compliments the capabilities you already have.

Make Sure Your Partner Shares Your Values and Vision

One of the most important keys to starting a business with a partner and reaching success together is to be on the same page. You have very big dreams and goals if you are a tech entrepreneur. You should want to connect with someone who shares those same goals.

It’s not a huge deal if you and your partner don’t agree on tiny details that you can meet in the middle to resolve. It’s a completely different story if you both don’t share the same overall vision for the end goal of big decisions. It could also help out to build a genuine personal relationship if you both have a lot in common.

Choose a Person With Financial Stability

Any tech entrepreneur can tell you that you need a good amount of funds to start a business. It would lighten the load if both of you contribute to the project until you establish consistent cash flow and build profit in the business.

Not only do you need to put money into the business but you need to manage the money well too. Ask the right questions to avoid working with someone who has a lot of financial issues in their own life. You should look for someone who is financially stable and responsible to help with funding the business.

Are You a Tech Entrepreneur Needing More Help With Finding a Business Partner?

You may not be able to find the right person overnight to partner with but putting a good amount of effort into the search will pay off in the long run. Remember, the partnership is something close to a marriage. You’ll want to find a tech entrepreneur partner who can help bring the best out of you and vice versa.

Stay committed to giving your business the highest quality of team building you can possibly give. If you’d like more tips on success in different areas of business then consider checking out our blog or more help with discovering how to become a tech entrepreneur.

entrepreneur tips

Entrepreneur Tips: 5 Tips for Overcoming Imposter Syndrome and Seeing Your Worth

Jan 10, 2019

The founder of Amazon, Jeff Bezos, doubled his net worth to almost 160 billion dollars in the 12 months of 2018. At the pinnacle of his success, Jeff continues to work hard and double down on his investments.

That’s the kind of dedication that leads to becoming one of the richest men in the world

With the likes of Jeff Bezos out there, it can be a little intimidating to believe in your own abilities. But there is no other you in the world and your ideas hold an immense amount of value.

The entrepreneur tips on this list will help you to see that value and help you get ready to build your empire and give Jeff Bezos a run for his money.

1. Cut Back on Social Media

One reason that many people believe they aren’t good enough is that they are constantly comparing themselves to others on social media. If you are following a lot of people who seem to be thriving, it can be intimidating if you aren’t keeping up with their success.

But you have to remember everyone is on their own journey. You will get to your destination on your own time through your own hard work and experiences.

You also should remember that people don’t post about their worst moments on social media (usually). They are constantly filtering their lives through rose-colored glasses. You never know what’s really going on.

2. Read, A LOT

The best way to defeat the imposter feeling is by fortifying your knowledge with additional information. Read everything that you can get your hands on. 

The more that you educate yourself, the more tools you will have to rely on as an entrepreneur. If you don’t have much time to read books, consider picking up a book on tape or podcast for a similar effect.

3. Network and Grow With Others

Whether you want to become an international speaker or just start a small business on your block, you need to learn how to expand your network. You need to find other entrepreneurs that can grow alongside you and help you overcome challenges as your business develops.

By having a team of prosperous people surrounding you and cheering you on, you will have access to a pool of resources and strength to fortify your efforts.

4. Dive in Deep with SMART Goals

One way to cure your imposter syndrome is by being successful. But many people who are doing well still feel like they are faking it.

That’s why it’s important for you to set goals for yourself that are measurable and attainable (so-called SMART goals). The more goals that you knock off your list, the better you will feel about your abilities.

5. Make a Commitment to Yourself

Being successful isn’t about winning in the first round you try. It’s about coming back every day full of energy and ready to attain your goals.

The only way you are going to fail is if you stop trying, or die. Make a commitment to yourself to keep going no matter what.

More Entrepreneur Tips

Now that you have read these entrepreneur tips, you know what steps you need to take to stop feeling like an imposter.

Check out the rest of my blog posts today for more advice on your journey.

tech entrepreneur

5 Tech Entrepreneur Workplace Trends We’re Excited About in 2019

Jan 8, 2019

2018 is officially dead.

With each passing year, new trends in tech pass as well. Today’s tech entrepreneur has to keep up with these things in order to keep morale high at the office or lack thereof.

It can be hard to predict what’s coming next. What will an employee require as the traditional office environment deteriorates along with most of the norms of doing business? It’s impossible to tell but for a promising tech entrepreneur, it should be an exciting experiment.

Let’s try to look ahead and predict some of the tech entrepreneur workplace trends in 2019.

Cubicles Are Over

Something that your average tech entrepreneur might notice in 2019 is that work can happen anywhere. With the increasing emphasis on work-life balance and the desire within people to work remotely, we will see companies attempt to make the office a more welcoming environment.

The cubicle environment of old is dead, and the office will become a place where people convene to iron out kinks. This means big, open spaces housing long tables and a barrier-free environment where people from all departments can connect for a more cohesive atmosphere.

Think the newsroom in “All the President’s Men” but without all the landline noise and cigarette smoke.

Sobering Up

Offering better food and drink options will come to the forefront of tech office culture. Entrepreneurs will see the value of a happy, healthy employee, and that includes in-house workout facilities and programs, as well as healthy snacks. 

Bye, bye beer Friday’s. Sadly, pizza and beer meetings might be a thing of the past, but they will go out in favor of salad bowls and smoothies. Not so bad. 

In the future, expect to see things like afternoon yoga or meditation retreats and workout classes to build morale in the connected world, maybe even work or life-coaching seminars to prevent stagnancy in the office. “Oh hey, that’s Jane from spin class. I didn’t know she was on the dev team.” 

Disconnecting: Work/Life Balance

Now that it’s 2019 and there isn’t really such thing as “disconnecting” anymore. Tech entrepreneurs may attempt to encourage employees to leave their phones at the office to facilitate that work-life balance discussed earlier.

More and more people are never actually leaving their work at work when they go home at night. Their work emails are in their pocket and receive the same notification ping that their mom’s text message does. “Well, I’ve got my phone out, might as well answer this email.”

Through the Looking Glass

Employees are becoming more and more outspoken with resources like Indeed and Glassdoor, where employees can rate their experience at a company for the benefit of those looking for employment.

Tech entrepreneurs will have to be increasingly mindful of their reputation on these websites. If an employee wants a raise and you don’t oblige, you may be looking at a slanderous review online, which could hurt your chances of getting quality employees in the future.

Gig-Economy

Again, with the trend in work-life balance, we might also see the rise of “gig-economy“. Gen-Z workers are coming into the workforce expecting a progressive outlook, and they will be more likely to hire themselves out for specific tasks rather than tie themselves down to a company. 

This “gig-economy” has mutual benefits for the worker and the business. For the employee, they get to work on tasks that they are good at, get paid for the contract, and move on. For the employer, you pay for a completed task and don’t have to cover a worker with benefits.

Have Fun With It, Tech Entrepreneur

It’s time to let go of all the boring office norms of the past and bask in the creative and good-natured future. 

In this case, change shouldn’t be a frightening prospect, but an exciting one. And being at the forefront of office culture change is what will make you a good tech entrepreneur. Visit our blog for more entries on how to become a tech entrepreneur and take your business into the future.

how to start a business

The Big Comeback: How To Start A Business After Experiencing Professional Failure

Dec 21, 2018

They say that 9 out of 10 new companies fail within the first couple of years of being in business. While most business owners want to believe they are the 1% who won’t fail, they must take the proper precautions just in case they do.

Is it possible to bounce back after experiencing business failure? Let be honest, it’s probably going to be a difficult task.

Fortunately, there are thousands of failed entrepreneurs that had to start over after their first business flunked.

If you have experienced a professional failure in the past, here’s how to start a business and recover from it all.

1. Evaluate Where You Went Wrong

One of the first tips every entrepreneur should take when learning how to start a business after you’ve failed is to evaluate where you went wrong the first time.

There are so many lessons that need be learned in order to run a successful business. Between money management and marketing — retracing your steps will help avoid failed entrepreneurship in the future.

2. Figure Out Finances

As tempting as it might be, you’re not able to “wing it” when it comes to the finances in your business. 

This time around, make sure you that your return on investment supersedes your expenditures. Also, verify that you’re spending well below your means and saving for the slow months.

3. Reinvent Your Brand

We’ve all heard of the phrase “If it not broken don’t fix it.” But what do we do if we realize our brand is broken?

One of the first lessons you should embrace when learning how to start a business is figuring out ways to always reinvent yourself. If your old tactics aren’t working, figure out different ways to bring fresh innovative content to your site and business.

4. Accept Past Failure

Overcoming the discouragement that comes with failure can be one of the most difficult tasks. After you’ve invested so much time and effort in your business, bouncing back can be hard. 

Accept your past failure. Don’t be too hard on yourself. Find comfort in those you love and remember that discovering yourself outside of your business is sometimes a necessity.

5. Rebuilding Your Inner Circle

It’s easy to isolate yourself when you’re constructing your own business. Because it usually requires long hours, many business owners find themselves very lonely and disconnected from their circle of encouragement. That includes family and friends.

Learn How to Start a Business and More!

Whether you’re looking to learn more about how to start a business or simply want to grow your own business, we’re here to help.

Rafferty Pendery was founded over 10 years ago and since then, we’ve strived to become one of the primary platforms for business owners trying to grow their company.

Have questions? Want to collaborate? Feel free to contact us and a member of our team will be more than happy to reach out to you.

international speaker

Listen Up: How You, Too, Can Become An International Speaker

Dec 14, 2018

Are you considering turning your knowledge and expertise into paid speaking engagements?

If you’re passionate about sharing what you know, public speaking may be your calling.

But how do you get started? How do you get paid to speak at events around the world?

That’s the subject of today’s blog, as we examine the exact steps you need to take to become a professional international speaker.

Step 1: Start With the Message

If you want to be in demand around the world, your message needs to appeal to people everywhere. People attend speaking engagements to connect to the speaker and the message and to learn something applicable to their lives. To that end, your message must resonate with people of all cultures.

Your message also needs to be about something so important to you that you feel you must share it. Feeling strong about getting your message out is what’s going to carry you through those long travel days and extended periods away from home.

Simplify Your Message to a System or Story

Here’s a reality of public speaking in the 21st century. Audiences have short attention spans and if you lose them, you may look out and find people on their phones or, worse yet, sleeping.

Engage your audience by centering your message around a compelling story. People love personal stories, especially when it includes a lesson that applies to them.

If your talk is more of a “how-to,” break down the steps into an easy to remember system. If you can name the system with a catchy acronym based on each step, even better.

No matter what style you use, make sure your message solves a problem for anyone who hears it. You can even tease it in your open, as in: “Today, you’re going to learn how to pay off your credit card debt in half the time, even if you’re living paycheck-to-paycheck.”  

Start Speaking Wherever You Are

Ever dream of speaking to a sold-out conference with thousands present in the audience?

You can do it, but start small first. Speak at local events, even if it’s for free.  What’s important is to get your message out there.

Get feedback and hone your message. Each time you speak, pay attention to audience response to discover your best moments and any weak spots which need improvement.

Consider joining Toastmasters International or National Speakers Association, which offer you a chance to improve your public speaking talents and get valuable feedback. These organizations offer accreditation, which can add credibility to your profile as you begin submitting to speak at events.

Practice feeding off the crowd, work out the kinks in your delivery and avoid common public speaking quirks which can doom any speech.

Expand at Home. Then Speak Abroad

After a while, your speech will become a perfectly-crafted presentation. You’ll appear confident on stage and audiences will be fully engaged.

Around this time, someone will likely approach you and ask you to speak to their company, or at a conference or seminar. And they’ll pay you for your efforts. Congratulations, this is when your professional speaking career begins.

Apply to speak at as many conferences as you can. If you get rejections, don’t worry. Rejections come with the territory as most conferences get more applications than they have open speaking spots. Each year you speak it will be easier to book engagements as most event planners like to hire speakers who have spoken before.

To improve your odds of getting hired internationally, become fluent in another language. Many nations around the world know English, but if you can communicate in their native tongue, your odds of landing the gig improve.

The Bottom Line About Becoming an International Speaker

Embarking on a career as an international speaker requires a long-term view. It may be hard and time-consuming to learn another language, but it can also set you up for a long successful career.

Renowned speaker Brian Tracy learned to speak German, a skill which propelled him to 10-15 paid speaking engagements every year in Germany. 

If you’re hard working and adept at crafting simple, engaging and problem-solving speeches, you can enjoy a rewarding international speaking career.

If you enjoyed this article, please check out more content about public speaking on our blog.

the digital entrepreneur

What It Takes To Be The Digital Entrepreneur that Dominates 2019

Dec 14, 2018

The way we do business is rapidly changing. According to Forbes, 82% of business enterprises plan to adopt a digital-first business strategy in the coming year. 

The online terrain is still new territory for many business owners and entrepreneurs. This means with the right knowledge and skills in your repertoire, you can climb past the competition and ascend to digital success. 

But what does it take to be the digital entrepreneur that will dominate the coming year? Read on, and I’ll discuss the skills and tactics you’ll need to know to win big in 2019. 

Stay Flexible & Be Ready To Pivot

Online trends change at a rapid pace, and true digital entrepreneurs need to be quick on their feet in order to keep up. 

The way consumers interact online, and what they turn to the web for, changes rapidly. Keeping an eye on the pulse of the web and being able to move with changes quickly can make all the difference in digital business. 

Keeping your business flexible and open to new ideas can help you take advantage of sudden opportunities. It can also make sure you avoid being crippled and left behind by the changing of the digital tides. No one wants to end up like Vine, FilmStruck, or a variety of other quickly shuttered digital companies. 

Get The Word Out 

The power of a business in the 20th century lay in how many physical assets a company had. The number of offices, land, and employees were all a mark of dominance in most industries. 

Today, size is more of a liability than a strength, limiting flexibility and function. Instead, digital assets and connectivity rule the game. Grow your e-mail list, your social media followers, and establish yourself on many different platforms and networks. 

The more you can make yourself present in the eyes of the consumer, the more powerful you’ll be. These days, quick, fluid and innovative thinking can do that a lot better than the brute force of size and stature. So a lack of budget is no excuse

Plan For Scalability

Take a look at some of the most successful digital leaders in the world. Jeff Bezos and Mark Zuckerberg, for example. What do their businesses have in common (besides some questionable ethical issues)? 

They were able to expand from niche markets out into ever increasing forms of profitability. Bezos’ Amazon started as an online bookstore and now provides, well, just about everything. Zuckerberg started with a niche customer base, college-aged Harvard students, and expanded out across the whole world. 

Be ready for growth. If you’ve already had a strong year behind you, begin the new one by finding the next step for your company. Is there a service that you aren’t providing but could, or an audience you aren’t reaching for but might want to? 

And most importantly, if such opportunities present themselves, have you properly planned for such changes? 

Become The Digital Entrepreneur of 2019

Opportunities come and go quickly in the digital world.

If your hope is to become the digital entrepreneur that dominates the next year, you’ll need to stay nimble, hustle, and follow the advice above. With a little luck, you can end this next year as the envy of all your entrepreneurial peers. 

Need more business advice? Check out my blog for more essential tips and tricks. 

entrepreneurial tips

Why Every Successful Business Leader Needs Entrepreneurial Tips From A Business Coach

Dec 7, 2018

Like the millions of other entrepreneurs out there, you have a vision for your business. Your entrepreneurial spirit and innovative thinking have inspired you to start a business.

A great idea and a vision aren’t the only ingredients for business success, as you probably already know. It takes determination, strategy, and know-how. That’s why you’re looking for entrepreneurial tips.

That’s where a business coach comes in. No matter where you are on your business journey, entrepreneurship coaching helps you take the next step.

What a Business Coach Does

What does a business coach do? Many entrepreneurs and business leaders ask themselves this question. The short answer is a business coach gives you tips and advice to help you succeed.

Some entrepreneurs think they already know everything there is to know. What insight could a business coach give them?

Other business leaders feel a bit ashamed about needing to ask for help. You shouldn’t be afraid to admit you don’t know everything. Asking for guidance is one of the wisest things an entrepreneur can do.

Knowing where you can turn is another skill in your entrepreneurial toolkit.

What a Business Coach Can do for You

An entrepreneurship coach does more than dole out sage advice when you ask a question. They’ll help you analyze every aspect of your business, from strategy to operations.

They can even help you analyze yourself. You’re likely aware of your own strengths as a leader, but what about your weaknesses? A coach can help you tune in to areas for improvement.

When you sign up for entrepreneurial coaching, you’ve also asked someone to hold you accountable. If you’re like most entrepreneurs, you like to dream big. A coach will challenge you to back those dreams up.

Clarify Goals and Find Motivation

A business coach is going to challenge you to think more concretely as well. They’ll ask you to pin down your goals. What do you want?

They can also help you find motivation. Running your own business or building an enterprise from the ground up is hard work. It’s easy to get stuck.

The coach can ask the tough questions and give you coaching tips to get you unstuck. They’ll ask you to re-evaluate your beliefs. There might be something holding you back.

Entrepreneurial Tips for Competitive Advantages

Your business is unique, and you need to communicate why. An entrepreneurial coach will help you recognize your core values. In essence, they’ll give you the tools you need to define your business.

In today’s competitive market, that’s a huge advantage. So is having someone holding you accountable. The business coach keeps you on track, which helps you reach those crystal-clear goals you set.

Your coach’s keen insight and experience will give you the guidance you need to succeed.

Get on the Fast Track to Success

Whether you just started up or you want to grow, the entrepreneurial tips from a business coach will help.

Give yourself a leg up on your competition by working with a coach.

If you’re looking for more great advice about starting or growing your own business, take a look around the blog. You’ll find plenty of tips designed to inspire.

how to become a tech entrepreneur

How to Become a Tech Entrepreneur and Be Your Own Boss

Nov 28, 2018

Do you have a tech degree and are ready to branch off on your own? The answer might be for you to become a tech entrepreneur. No one knows and can broadcast your skills as you can, so it will give you a chance to put yourself out there and beat the 9-5.

So, if you’re ready to be your own boss, build your business, and build relationships with other go-getters like yourself, then we can help you on your personal road to success. Here are 5 tips on how to become a tech entrepreneur that you can take to heart so you don’t make the common mistakes.

1. Research Your Market

Any business begins with you researching your market. You need to do a little digging to see how successful your tech business will be in the area where you want to place it.

Look at your competitors to see how they are faring in the area while also looking at how many there are. If you’re just one small tech company in a giant pond of other ones, you might not make it.

2. Visualize the Ending

Every great story has a beginning and an end. How will your story go? That’s the question you want to ask yourself when you’re starting up. Visualize your goals and how you want it to end.

Once you have a clear end in mind, you can start building up a plan to make it happen and be successful.

3. Build Your Tech Business

Once you have a clear idea in mind, it’s time to build your tech business. If you’re going to be the boss, you’ll have to do more than just sit behind a desk. You have to set up a situation where your company can grow.

Learn the right marketing strategies so others learn about you and use the right technology to make growing your business easy.

4. Talk With Other Entrepreneurs

The best source of inspiration is people just like you that are either trying to make it or are currently making it. Reach out to these people and they can push you to be successful as well.

You can contact these people via Facebook and other forms of social media. Don’t be afraid to join groups and start asking the big questions.

5. Become the Best You

The last piece of advice we have for you is to become the best you that you can. When you’re motivated and happy, you become a better boss which will make your tech company flourish.

Become the sort of person that you’re proud to let the people closest to you see. You’ll be surprised at the amount of confidence you’ll obtain, and how it will affect your work.

Your Guide on How to Become a Tech Entrepreneur

Being your own boss can get pretty complicated. You have to have the right motivation to keep yourself going, market your company, and research your market to see if your tech company will even be successful. Use these tips on how to become a tech entrepreneur to get started on your new career path ASAP!

Reaching out to those in your field isn’t the only way that you can get a little bit of inspiration. Keep reading to see all the benefits of hiring a business coach.

entrepreneur tips

Practical Entrepreneur Tips You Haven’t Heard Before

Nov 21, 2018

It seems like every time you talk about starting a business, you get the same old responses. Either people are shooting you down and saying it will never work, or they’re giving you the age-old entrepreneur tips you’ve heard a thousand times before. 

The good news is that you can foster better, more valuable conversations. But the trick is that you have to find the right people with whom to share your passions and insights with; people that will “get it” and ideally, have already been in your shoes. 

You need professional mentors and personal supporters when starting a business. 

More importantly, you have to be able to pick yourself up when you fall. 

Here are 3 insightful entrepreneurial tips to help you do just that – and to prevent you from making some serious mistakes in the first place.  

1. Identify What’s Holding YOU Back

You have to be brutally honest with yourself as an entrepreneur

You need to identify your weaknesses, and more specifically, your bad habits. You need to be hyper-aware of the stories you tell yourself versus what kind of progress you’re actually making. 

Don’t mistake a huge investment or a lot of press for success. Don’t limit yourself to what your company can do because of your fear, either.

These are just a few examples of how your habits shape your life and the course of your company. The best way to ensure you succeed is to focus on creating more discipline and understand the sacrifices you need to make. Meanwhile, chip away at your bad habits every single day.

2. Know Your Numbers 

Although working on yourself does benefit your business, it’s not the same as actually running the show. You have to be on top of all your operations. Most importantly, you need to understand your numbers. 

This mainly applies to finances. It means making sure your checks and balances are in order and that everything you invest in is providing the value you expect (or more). 

Knowing your numbers also applies to things like inventory, deadlines, and market data. All of these things give you the insight you need as an entrepreneur to make your bottom line more profitable and keep the entire company on track.

3. Question Everything

The final entrepreneur tip to keep in mind is to question everything. In other words, never settle for good enough. 

If your product is nice, how can you make it better? If you’re creating the awareness/disruption in the market that you wanted, how can you build even more?

The more you question every big and small decision you make, the better the outcome of your business as a whole. This will make your learning of the market, your business, and yourself an ongoing process, which is necessary to succeed.

Additional Entrepreneur Tips for Start-ups, Big Businesses, and Everything in Between

Whether you’re working on a start-up idea right now or you’ve just bought out a company that shows a lot of promise, your business is relying on you. Your team needs direction and your products need knowledge and innovation to succeed. 

Entrepreneur tips can only do so much. At the end of the day, you’re the one who has to put in the work, or at least find other people and/or programs who can. 

If you need a little more guidance to reach your goals, though, click here

 

 

how to start a business

How to Start a Business From Scratch On a Tight Budget

Nov 21, 2018

Do you have the next great business idea? Are you ready to hit the ground running and devote your life to getting your dream off the ground?

If so, you may be wondering how to start a business and build a company on a small budget. Thanks to the internet, your budget doesn’t have to hold you back.

Today you can now get started for less than ever, so leave those angel investors where they are for the time being. We’ll show you how to start a business without giving part of your ownership away.

Read on to learn more about how to start a business from scratch.

You Don’t Need an Office Space (Yet)

Starting your business may not require a physical office space and the additional overhead required by your office space.

After all, it’s not just the cost of the office. You’ll need to add in insurance, furnishings, and expenses like parking.

For example, if you’re in the beauty sphere, you could offer to provide in-home services to your client (think lash tech or on-demand blowouts).

If this isn’t an option, you could set up a low-cost location in an established salon.

Stocking a product? Start with a small inventory that you can manage from home or have your inventory shipped to a third-party seller like Amazon FBA.

Consider e-Comm

Vehicles like Amazon FBA and cheap web hosting can help you get your business off the ground if your business is selling a product. In this case, throw the majority of your budget into your product inventory and marketing strategy.

Youtube hosts a wealth of information about how to get started in eCommerce. Need a little kick in the pants? Small business titan Gary Vee is a great source of inspiration. He turned his parent’s liquor store into a $60m online wine business.

Proof that starting small doesn’t have to limit your potential for growth.

Buy It Used

If you need tools or tech for your business, buy it used if at all necessary. Sadly, many small businesses that don’t closely watch their expenses go under.

Because of this, you can often get clothing racks, dress forms, and many of the other things you may need at big discounts.

Websites like Craigslist can be a great tool when looking for the thing you’ll need to start your business.

Hire Slowly

Extra employees can make running your business a lot easier, but save that luxury for when your business is turning a hefty profit. You’ll need to be okay with devoting the majority of your time to getting your business off the ground for the first couple of years.

Enlist the support of family members who you may need to step in to help with things like child-care or helping you sort through Christmas season orders. With hard work and a great support network, you’re sure to be a big success.

How to Start a Business and Build an Empire

Looking for more great advice on how to build your business from scratch? We’re here to help every step of the way.

Check out our blog for more great tips on how you make your new business a success.

entrepreneurship blog

How to Run an Amazing Entrepreneurship Blog

Nov 14, 2018

What are your favorite blogs to read every day? Do you have a go-to site you go for all of your industry-related information, or do you prefer keeping up with bloggers who talk about lifestyle interests like traveling and mental health?

Whatever it is you spend your time reading online, it’s time you start considering the opportunity to create a blog yourself. Think about it: if the influencer you follow from across the country has a worldwide audience or your buddy down the street just started a lifestyle blog, there’s no reason you can’t succeed at blogging too!

This is a lot easier than it’s made out to be. The trick is you have to put in the work to create a good blog and know a thing or two about how the internet works.

As far as starting an entrepreneurship blog goes, follow the steps below to get this done.

1. Choose a Hosting Site

Unless you’re some sort of software engineer or coder by profession, you probably don’t want to spend a lot of time creating the backbone of your new blog. With a hosting site, you don’t have to!

Hosting sites allow you to create a unique domain and customize it with ease. Some are more in-depth than others, but they all basically do the same thing. A hosting site is where you create your domain, design the visuals of your blog, write and schedule content, and manage your SEO presence.

2. Learn How Digital Marketing Works

Speaking of your SEO presence, this is the number one thing to focus on if you want your entrepreneurship blog to be successful. SEO stands for Search Engine Optimization. It’s the tool that Google uses to match consumer inquiries with the best answers, and what bloggers use to be rank among those answers.

The thing about SEO is that there’s not one single way to achieve a good Google ranking. You have to learn about multiple optimization tactics like link building and alt tags to get the results you’re looking for. Additional SEO best practices include:

  • Keyword research
  • Guest blogging
  • Using custom Meta Tags and Title Tags
  • Recycling content
  • Encouraging user-generated content

The last two bullet points are things you can’t ignore. Although your entrepreneurship blog may start out as strictly written content, it’s good to start incorporating infographics and vlogs onto your website. These will strengthen your website and help you become more successful.

User-generated content also does this but in a completely different way. It builds trust with your audience and makes you look good in Google’s eyes, too.

3. Monetize Your Website

This is what all the top entrepreneur blogs do differently than those who aren’t taking blogging seriously. There’s a reason you want to build a good digital presence that goes beyond gaining a big audience. At some point, you want to start leveraging your audience to create sales.

You need to figure out how you’re going to monetize your website, though. Some people do this by offering ads for big companies or charging for guest blogs from other entrepreneurs. Others will find entrepreneurship-related affiliate marketing opportunities and still more will create custom entrepreneurship courses to start bringing money in.

Whatever you do, don’t let your blog just sit there without making any money off it.

Make Your Entrepreneurship Blog the Best It Can Be!

Keep in mind that you don’t have to knock out everything on the list above at once.

If you have the time to do so, have at it. But, it’s usually better to think carefully about how you set up your site and the kind of content you want to publish right off the bat. This gives your entrepreneurship blog the best possible chance to start growing from the get-go.

Click here to access smart marketing insights that will help you continue that growth!