Everything You Need to Know About Digital Entrepreneurs

Jun 12, 2019

The digital entrepreneurship industry has significantly grown in the last few years. While Silicon Valley has always been home to ambitious tech entrepreneurs, the Internet has made it possible for anyone to become a business owner. This has been facilitated by the fact that global trade is expanding as new technologies provide a framework for global commerce.

If you are interested in becoming an entrepreneur, then you may be wondering how to get started. So, what are some of the properties of the digital entrepreneur?

1. Ability to Mobilize Resources

Unlike a traditional business owner, a tech entrepreneur can quickly mobilize resources to start and operate a business. Most startups fail to succeed because they do not have sufficient funds to cater to their immediate needs. Tech entrepreneurs know that this is one of the common entrepreneur mistakes they want to avoid if their startups are going to be successful.

2. Find A Mentor For Business Success Tips

While you may fantasize about becoming a self-made entrepreneur, most great business leaders have a trusted mentor. As you seek to launch your business, look for experienced industry leaders who can provide ongoing coaching and entrepreneurship tips. Many business owners find it hard to succeed because they do not have the tips and strategies that are necessary for succeeding in their industry. If you want to be the digital entrepreneur who will have a significant impact on the digital landscape, you need to have some vital entrepreneurship tips. Fortunately, the Internet provides many opportunities for networking and relationship development.

3. The Grit to Start a Business

Remember: not everyone has what it takes to run a successful company. Starting any new business will involve setbacks and drama. If you are the type of person who cannot cope with high levels of stress and disappointment, then you may not have the grit to succeed. Ironically, in order to succeed, you must know how to cope with failure.

4. Public Speaking Ability

Any digital entrepreneur who has the potential to succeed possesses a natural public speaking ability. You may need to regularly present your business plan to investors or potential clients, which you cannot do if you are nervous speaking in front of crowds. Many entrepreneurs also translate their success into a side career as paid international speakers. Fear of public speaking has significant impacts on your income as you will earn 10% less on average than those who do not fear public speaking.

Becoming a digital entrepreneur is a complex process. To learn more, keep reading our tech entrepreneurship blog and other resources. You too can become a digital entrepreneur if you are highly focused and committed.

entrepreneur mistakes

New Entrepreneurs: 4 Beginner Mistakes to Avoid

Jun 10, 2019

Everybody makes mistakes. However, most people don’t hold the fate of a product, brand, or entire company in their hands. Welcome to the world of startups.

Not everyone is cut out to be an entrepreneur. Three out of four individuals experience speech anxiety, which can severely diminish your effectiveness as a business owner. After all, it’s up to you to communicate your vision to your team, and often to your customers.

Besides lacking any skill as a public speaker, the following are four common entrepreneur mistakes to avoid as you learn how to start a business.

 

1. Being a Solution in Search of a Problem

This is one of the most common entrepreneur mistakes. When you’re creating your product and developing your business, it’s imperative to have a customer-first mentality. And when you’re just starting out, that means finding a real problem to solve, and then creating a product to solve that problem.

Most people go about this backwards — they have a product idea, or they discover something they’re uniquely gifted in. Then they go about developing a product based on that idea, all along assuming that people will actually want it.

Sadly, it’s not always the case.

Unless you start with the problem you want to solve, you can’t be sure that the solution you develop is going to really benefit people (and thus be profitable).

So instead of asking yourself, “What am I good at?” or even, “What can I do to help people?” Ask yourself, “What problems are people in my niche experiencing, and how can I solve them at scale?”

 

2. Going at it Alone

It’s almost a cliche, but it’s true: people thrive and work better with friends. That may be truer in the startup world than anywhere else. This leads us to another of the most common entrepreneur mistakes: trying to go solo.

Of all companies worth over a billion dollars, roughly 85% of them were launched by at least two founders. It’s fairly uncommon for a business to see massive success when it’s driven forward by just one person.v

It’s not fun to think about, but launching and scaling your business to profitability is going to be the hardest thing you’ve ever done. There are going to be days—weeks, even—when all you want to do is quit. Without a cofounder, coach, or at least an accountability partner, you‘ll most likely give up.

 

3. Never (Really) Getting Started

This is a more elementary mistake, but it’s a very common one among budding entrepreneurs.

Many would-be entrepreneurs fall into the trap of being busy doing nothing—attending seminars, watching lectures, reading books, and taking copious notes, without ever really putting themselves and their ideas out there for the world to see.

Business development is a public process—if you don’t launch a campaign, talk about what you’re working on, and get other eyes on it, you will not have a business.

This is usually a side-effect of fear. Sometimes the antidote is education—you need to learn about your field, and how to manage your own success when it comes. Just as likely, you’ve done enough learning and it’s time for action.

 

4. Assuming You Have No Real Competitors

Let’s be honest: when you’re a product developer or startup founder, you’re as proud as a new parent. And like a new parent, you’re pretty much convinced that your baby can do no wrong and that no one in the world could possibly replace it.

This assumption is another of the most common entrepreneur mistakes. It’s natural for new founders to feel this way, given the excitement of the startup process. However, it can lead them into believing that their product is so superior to everything else that’s out there, that they have no direct competitors.

In actuality, it’s incredibly unusual for a product or business to have no direct competitors. Unless you’ve invented something absolutely original (hard to do, and even harder to sell), there’s absolutely someone out there with an alternative product that people are already using.

It isn’t always necessary for a product to be ten times better than the competition to be profitable, but it’s still a good goal to shoot for. In any case, you must do your due diligence in finding the companies already serving your target audience, and discovering how you can differentiate yourself and your business.

Common Mistakes Public Speakers Make and How to Avoid Them

Jun 7, 2019

 

Do you have what it takes to be a great international speaker? Public speaking is a soft skill that entails speaking to an audience to pass along important information. More often than not, it is geared towards pushing the audience to take a specific action following the event. While a lot of people can be good speakers, public speaking entails more than just talking into a microphone.

Public Speaking is More than Delivering Information

Every international public speaker understands that there is more to speaking in public than reading from a piece of paper. For starters, what you say to an audience is essential, but it is not as important as how you say it. For an effective presentation, studies have suggested that 38% of it is your voice, 55% relies on non-verbal communication, and the remaining 7% goes to your content.

Technology has leaped forward, but the components of public speaking that make it effective have hardly changed. For instance, every paid international speaker should capitalize on the first seven seconds of a speech because it is during this short time that listeners decide if they will trust the speaker or not. Here are some of the most common mistakes public speakers make and how to avoid them.

  • Not creating an initial rapport with the listener: A lot of presenters spend most of their time putting together the content of their speech which sometimes keeps them in the information bubble. Instead of establishing opening lines that will help them create rapport with the audience, these speakers simply deliver information in a boring way. Rapport with your listeners is a make-or-break quality to your presentation.The best way to avoid this mistake is to research your audience beforehand. This will enable you to familiarize yourself their goals and their causes, allowing you to find the best way to approach them. Preparing for a speech is like starting a business. A business person avoids entrepreneur mistakes by knowing their customer’s demographics, culture, and expectations. You need to know this information when preparing for your speech if you are to connect with the audience.
  • Not having clear points: Listeners need clear and simple takeaways from your speech, otherwise they won’t perform the necessary action following the event. Modern society has come with a lot of distraction that has shortened our attention span. An effective way to deter a loss of interest is to have short, clear points that your audience can apply straight away in their lives. Also, don’t bombard them with tons of information that can make them feel overwhelmed. Keep your main points between three and five punchy points and pad these bits of information with more detail. Make it easy for your audience to follow you from one point to another, which creates flow and keeps them engaged.
  • Don’t be dependent on visual aids: Every public speaker needs to use visual aids at some point in their presentation, but you should not overload the audience with power points. Avoid reading from your presentation and filling it with tons of text, otherwise, you will distract your audience. It’s vital that you keep their attention on you as much as possible. To be an effective speaker, you need to keep eye contact and draw energy from them through crowd interactions. Look for signs of interest, so you know when audience attention is waning. You will elicit a hunger in the people watching you, and hit emotional triggers better when you pay attention to your audience.
  • Not getting the right timing: An international speaker is like a comedian. Both must get the timing right to present information that people will assimilate. As an international speaker, you should not go beyond the allotted time, and you should form the habit of timing your statements to keep them exciting and long enough. Break up your presentation with stories, jokes, and crowd interaction to make your presentation dynamic.

Entrepreneur tips for public speakers say that you should have a plan B for every presentation you make. If things start going south, you will be prepared. When you want to become a better international speaker, rely on the help of Rafferty Pendery to become a professional.

entrepreneur tips

7 Important Entrepreneur Tips That Small Business Owners Need to Know

May 22, 2019

Avoiding entrepreneur mistakes is the only way startup companies can reach their fifth year of operations. Recent studies indicated that 80% of the small businesses that were started in 2014 made it to the second year of operations, 2015. However, several research studies have proven that less than 70% of the small startups don’t get to see their third year of operations, let alone the fifth. With that in mind, let’s take a look at some of the entrepreneur tips that small business owners can use to succeed in business.

1. Adequate Capitalization

One of the most important entrepreneur tips that startup entrepreneurs can use to succeed in their investments is having adequate capitalization, otherwise known as money. There is no way business can succeed without sufficient capital. Entrepreneurs make the mistake of having little capitalization at the onset of the business. Little do they know that the company will not be able to withstand market forces and turbulence in the first few years.

2. Excellent Planning

One of the most common entrepreneur tips that all potential investors know is that they need to plan for their businesses. Most failed businesses have attributed failure to poor planning and lack of contingency plans. Reading a reputable entrepreneurship blog could provide an entrepreneur with some important details on how to formulate simple plans and contingency strategies that the business will follow, especially when the original strategy fails to deliver results.

3. Understanding the Market

For a business to succeed, understanding the market is an essential factor. Many entrepreneurs know everything concerning their product and they are convinced that it is a great product. However, they fail to understand whether the product they are offering fits the market. Entrepreneur mistakes don’t just happen, but they result from a series of minor mistakes, such as not analyzing the market and not understanding buyer behavior. Professional understanding of the market generates the expected results and helps the business to succeed.

4. Hiring Professionals

History has proven that it is very difficult for a business to succeed without the support of professionals. Small business owners tend to cut costs by doing everything themselves. That is one of the methods of bringing the business down. Startup companies are very delicate, which means that they require the services of experts to stabilize. Hiring an attorney, an accountant, and an experienced marketing expert is a great recipe for growth. As a business owner, you cannot handle everything by yourself, unless you’re planning to fail.

5. Working with Partners

Hiring professionals has been highlighted as one of the tips that entrepreneurs can use to succeed. However, finding a business partner is also a strategic method of moving the business to the next level. Although a partner will reduce the share of profits, they will be offering professional services that you’re not likely to get when working alone. Moreover, a partner can inject funds into the business while helping in critical decision-making processes.

6. Incorporating Technology

Technology is one of the strategies that small business can use to succeed in a competitive market. A business that uses advanced techniques to handle most of its services cannot be compared to the brick and motor companies that still use manual operations. Besides cutting down operational costs, technology increases productivity and efficiency while improving service delivery to customers. Businesses that want to succeed in the digital era must use technology as one of their operational pillars.

7. Get a Motivational Speaker

You can occasionally hire a motivational speaker to speak to your employees and keep motivated. A paid international speaker could prove to be relevant to your employees because they will instill a sense of belonging to your employees and keep focused on the goals of the company. Corporate speakers have for a longer period been known to provide entrepreneur tips that could also be important to the owner of the business.

Not one of these entrepreneur tips will deliver results alone. All these factors and business tips must be incorporated in tandem by the entrepreneur and employees working in the company. This is the only way the company will be able to break the curse of collapsing with the first three years of its inception.

tech entrepreneur advice

Essential Tech Entrepreneur Advice: Know These Top Mistakes You Can Make

Apr 22, 2019

No one ever said that being a tech entrepreneur was easy. As you look through endless listicles of tips and tech entrepreneur advice, the plethora of information can quickly overwhelm you. Oftentimes, knowing what not to do is more helpful than a list of hundreds of tips for entrepreneurs. Take a look through these most common mistakes tech entrepreneurs can make and you’ll know the missteps you need to avoid in order to find success.

Mistake 1: Fearing the leap of faith

There are smart business moves and then there are business moves made out of fear. Making certain commitments, such as signing the dotted line of a partnership contract or giving the green light on product development, is often the most daunting part of being an entrepreneur. However, you need to embrace these leaps of faith in order to keep moving forward. Tackling these milestones can help you overcome other fears that can be hindering your success, such as having a fear of public speaking. Research has shown that those who fear public speaking make on average 10% less than those who don’t, which makes conquering this fear something you can’t afford to brush off.

Mistake 2: Taking on an unmanageable workload

While you may feel that you need to wear many hats in order to drive a young business to success, taking on too much at once oftentimes leads to failure. For this reason, choosing a manageable workload is one of the most useful pieces of tech entrepreneur advice. Set boundaries early on and identify which tasks and responsibilities you can give to other team members. As long as you’ve built a trustworthy team around you, you shouldn’t have any hesitations in delegating the workload. If you are wary, you should probably start with actually finding a team you trust.

Mistake 3: Ignoring important feedback

Feedback is what allows all industries to continue growing and developing. This is especially true in the tech industry. From the very beginning, tech entrepreneurs should proactively seek professional feedback. They should also reach out to customers as soon as their services or products hit the market. While you will likely hear a fair bit of criticism, those words also contain the most helpful directions on how you can improve.

The mistake that seems the smallest is too often the downfall of an entrepreneur. By avoiding these common entrepreneur mistakes and following the top tech entrepreneur advice, you and your business will soon be on the road to success.

Public Speaking Mistakes Even Extroverts Can Make

Apr 17, 2019

The fear of public speaking is deeply ingrained in the psyches of many budding entrepreneurs. But even if you’re confident in front of a crowd, you may still fall victim to some of the most common public speaking mistakes that plague young professionals.

Whether you’re a lawyer or an entrepreneur, practice avoiding these public speaking pitfalls before you stand up in front of a crowd.

Speaking too softly

It’s common for public speakers to rely on only the boom of the mic to express their message. Unfortunately, speakers might not realize they’re speaking too softly until it’s too late. Emblazon your presentation with passion and drive in order to make your message hit home. This includes projecting your voice, with or without a microphone. Practice by standing up straight, pushing out your chest, and speaking from your diaphragm, not your throat. This will ensure that you are heard whether you’re using a microphone or not.

Finishing on a dull note

This is a trap even the most experienced public speakers can fall into. Without a proper takeaway action, your audience members want to know what to do following your presentation. If your audience leaves wondering “now what?” then you need to go back to the drawing board.

Correct these common entrepreneur mistakes by asking your audience to take action after your presentation. Do you want your audience to change their lives? Improve their surroundings? Like your page on Facebook? Giving them an action item will give them direction following a powerful presentation.

Failing to rehearse beforehand

The key to public speaking is sounding confident and assured. If you’re stumbling over your words or stuttering on stage, your audience’s attention will assuredly falter. According to market research, what you say is not nearly as important as how you say it. It’s estimated that a presentation’s effectiveness is 38% voice, 55% non-verbal cues, and 7% content. This makes practicing your speech beforehand vital.

Practicing can help you ensure that your body is doing what you want it to do when you want to do it. Rehearsing will help you get your timing just right, stop nervous tics from happening, and identify points of emphasis throughout your presentation. These entrepreneur mistakes can be hard to correct, but they can be mitigated with practice.

Whether you’re a tech entrepreneur or an international public speaker, avoiding issues with public speaking are among the most common entrepreneur mistakes. The next time you want to wow a crowd, rely on Rafferty Pendery’s entrepreneurship blog for more information.

Tech Entrepreneur

How to Find Your Niche in Tech: A Guide for an Aspiring Tech Entreprenuer

Feb 4, 2019

Are you the next great tech entrepreneur?

The road to riches is paved with the failures of those that came before you. Most aspiring tech ventures fizzle out before they can get off the ground. There’s more than one reason for this but one of the hardest things to do when you’re starting out is carving out your niche.

Do something that’s never been done. Find your corner of the market. Is anything original anymore? 

This is more than a daunting thought. Coming up with an original idea and pushing it forward with a good plan of action is one of the hardest things to do. It requires dedication, creativity, and a good team of people around you.

The book on how to succeed in business has been rewritten many times. There’s no definitive “right” way to thrive in tech, but today, we’ll look at a basic guide for finding your niche as a tech entrepreneur.

Be Realistic About Your Passion vs. Your Skills

Sometimes the difference between what we want to do and what we can do is vast. It’s important to follow your passion when finding your niche, but you should also be realistic about the market for your product.

This is especially true with tech projects. You need to be able to see yourself still being in love with your product for years to come, but also you have to be able to envision sustained success. Not every startup gets off the ground quickly.

Furthermore, do some self-evaluation. Realistically examine your skills and figure out if you have what it takes to build this product from the ground up.

Find the Market for Your Niche

When you’ve decided what you think you can build your fortune on, take a step back and look at what its market will be. For example, say you want to create an online marketplace for the sale of car parts. 

If this is what you’re passionate about, then follow through on some research and figure out where your market is. Who are the types of people that you want to be using your product? How much money will they be willing to spend on it? 

You need to get an idea of the sustainability of your niche.

You’re Not the Only Tech Entrepreneur

There are thousands of new tech companies popping up all the time, and old tech companies are constantly adjusting to encompass more of the marketplace. In finding your niche, you should zero in on the most specific target market that you possibly can.

If you’re creating a podcast hosting app, consider that things like Stitcher and Podcast Addict already exist. You’re starting behind the 8-ball, so you need to focus in even more on what that app will do.

Perhaps when you sign up, the app asks you what your interests are and sifts through a database of podcasts to show the user ones they’d be interested in. Doing something like this gives your app a subtle edge over the competition.

Test Runs & Launching

Now that you’ve figured out what your niche is, you can begin to test the market.

Do a dry launch and see what the reactions are. Adjust your product from there. A good tech entrepreneur will reinvent their niche to appeal to larger and larger audiences.

For more articles on tech and entrepreneurship, visit our blog.

The digital entrepreneur

How to Be a Better Public Speaker: A Guide for the Digital Entrepreneur

Feb 4, 2019

Around 73% of the population is terrified of public speaking. Whether for school projects or a work presentation, many people clam up even thinking about talking in front of others.

Are you one of these people?

Even if you have a slight fear of public speaking, you might have a message you feel destined to share with others. Believe in yourself, because it is possible to surpass these fears.

Ready to take your public speaking skills to the next level? Want to become the digital entrepreneur everyone raves about? Keep reading this guide for five tips you need to know!

1. Accept Your Nerves

Step one is to accept the fact that you will be nervous before and during a public talk. Even seasoned speakers get a little nervous.

By acknowledging that these feelings are normal and okay to have, you decrease the power they have over you.

To help you speak through your nerves, be sure to practice a few times. Arrive at the location early so you can get used to your environment.

2. Keep Main Messages Simple

As someone with a lot of knowledge, it can be tempting to pack in everything you know into one talk. Plan each talk you give to contain a few focused message points.

Too many details will bore an audience. But if you present impactful and meaningful messages that they can remember, people will love your talks.

As you find success, you may even be able to take your speeches international!

3. Prepare as the Digital Entrepreneur

As mentioned above, preparation is key. And that doesn’t mean the day before.

To nail a speaking engagement, start thinking about your speech at least a few weeks ahead of time. Understand who your audience is. Things that young college students find interesting won’t go as well with older business owners.

One of the most important things to prepare is an introduction. You want to grab people’s attention and get them excited for what you have to say.

Just as important as an introduction, be sure to prepare an impactful conclusion.

4. Be Careful with Powerpoint and Other Visuals

You aren’t a professor giving a lecture to students. Don’t kill your audience with busy powerpoints filled with text.

If you are going to use slides at all, make them minimal. Use appealing images that add value to what you as the presenter are saying. You should be the focal point, not a slide with a bunch of information on it.

It’s also important to remember that you run the risk of technology issues when using visuals like Powerpoint.

5. Create an Outline

Notice we said outline, not a script. Creating just an outline ensures you will sound natural while giving your talk.

If you just read an entire speech from a script, you will seem robotic and have poor eye contact. The audience will immediately be turned off.

Let Your Voice Be Heard

With these tips, you are well on your way to becoming a better public speaker. Soon you will be the digital entrepreneur everyone wants to hear!

Looking for more tips on being a successful digital entrepreneur? Check out this awesome list!

Entrepreneur tips

Ready to Grow Your Team? 5 Entrepreneur Tips for Hiring

Jan 28, 2019

Whether you’ve been doing it all yourself or it’s just time to add one more, hiring a new employee can be stressful. One-person operations can only go so long before you reach a limit. If you want to grow and prosper, you need another person.

These entrepreneur tips can help you decide the best person for the job no matter if it’s retail work or behind the scenes social media marketing. You’ll likely get numerous applicants, but how can you read between the lines of a resume and know who’ll be the best person to not only fit the job but your management style and business sense.

Don’t Trust Resumes 100 Percent

If you get a potential employee whose resume looks too good to be true, then it probably is. A little resume padding is expected but beware of outright lies. When a person is unemployed and not getting income, they may be desperate for a job and be willing to put anything down if it feels it might get them an interview.

Don’t hesitate to follow up with former employers to verify employment dates, etc. Many employers didn’t do this and ended up with an employee that didn’t have the qualifications they said. Your choices are to train them or begin the hiring process all over again.

Entrepreneur Tips: Know What You Can Ask

It can be difficult for a small business hiring employees. You have a set way of doing things and you want someone you can trust. It’s your company and you’ve put your heart and soul into it.

When you’re interviewing, there are some topics that are off limits because it might lead to discrimination. You can’t not hire a person because of their age, religion, sexual orientation, etc.

When it comes to mental, physical and emotional disabilities, questions can only be asked pertaining to any special accommodations needed to do the work.

If you do ask questions that may lead to the possibility of discrimination, then you can open yourself to a civil lawsuit.

Don’t Hesitate for Drug Testing

If the job requires the use of special machinery or company vehicles, then don’t hesitate to require drug testing as part of the hiring requirements. The reason is safety.

A person under the influence can’t operate machinery safely and can end up causing injury to themselves, customers or you. Even in states where marijuana is legal, businesses don’t have to allow it in their employee’s system.

Get Your Paperwork Done

A business can’t just hire an employee. The state and federal government require businesses with employees to have an Employer Identification number, be registered with the labor department, have workman’s compensation insurance and many other hoops to go through.

You can’t legally hire an employee without having this done, so make sure in compliance before getting a new employee.

Decide How Wide A Net to Spread

If you’re looking for someone local, then post notices in newspapers and local job boards. If you do use larger job boards like Indeed, then make sure applicants know you’re looking for regional people only.

If you are willing to hire people from outside the area, are you willing to cover moving expenses? Do you plan on providing health insurance or a 401k plan? Is it part time or full time? Make sure you list your business benefits and perks

These are all questions you need to answer before placing the job opening. You don’t want to be inundated with resumes from all over the country if you’re only looking for people in town.

It’s a Necessary Step

If your business is to grow, then you need employees. It starts with one and others will follow. If you follow these entrepreneur tips, then the hiring process should go smoothly.

We’re sure you’ll find the perfect candidate for your business. If you want to learn more about hiring employees or being an entrepreneur, then explore our website.

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.