The basic definition of entrepreneurship is about starting something from nothing and growing it. Growth is fundamental to entrepreneurship. Entrepreneurs are different, there are those who happen to own a business of the same size for a number of years, from generation to generation Those are what we typically call life-style entrepreneurs. Their businesses revolve…
Being an entrepreneur is not an event, it is a way of life. Being an entrepreneur is not a profession. It is your attitude, your approach and your view to the world. You cannot retire from being an entrepreneur. Yes, you can retire from your business, but not from being an entrepreneur. As I grow…
Two pieces of advice I tell start-up entrepreneurs that I wish I knew when I got started: First, if you’re doing it for fame and fortune. Don’t do it. Do it to change your little part of the world, to find a solution to a problem, to create positive change in society. Find 3 other…
Half the time I get people asking where to start, the step by step procedure on how to start a business. Once a person asks those questions, they want to comply, they want the easy route to follow. They mean well because to them they don’t want to repeat mistakes that someone else may have…
This is the reason why I cherish breakfast so much. I get so busy during the day that I forget to eat. Sometimes it gets to busy with deadlines, presentations, appointments and meetings that there is not enough time to eat. I know health addicts are already cautioning about the benefits of a healthy diet.…
You are working for someone and everything is okay, you are getting along with your boss and co-workers, then the bug hits you. You wake up to the idea in your head, a business idea, suddenly you start seeing opportunities everywhere you go. You spot opportunities all over, you get more and more fascinated by…
There is a never-ending worldwide shortage. Graceful is artistic, elegant, subtle and effective. Graceful makes things happen and brings light but not heat. Graceful does not mean invisible, hiding, fearful or by the book. And graceful certainly does not include lecturing or bullying. A graceful person gets things done, but does it in a way…
The first of rule of doing work that matters: Go to work on a regular basis. Art is hard. Selling is hard. Writing is hard. Making a difference is hard. When you are doing hard work, getting rejected, failing, working it out, this is a dumb time to make a situational decision about whether it's…
In an business built around perfection, you need to push people to say, "Bad news, I made a mistake." Only by surfacing mistakes can the business stamp them out. In an business built around exploration, on the other hand, people need to say, "Good news, I made a mistake." Only by seeking things that don't…
When you consider a major purchase, make sure you take some time to cool off and think about it. Don’t just buy on impulse. Take some time to think through purchases. A lot of times, something that you think will make you happy is really just an impulse buy. Focus on producing value instead of constantly consuming…
There are people who talk about saving money by using discounts. That’s not saving money, that’s spending, that’s consumerism. I know we think saving money on expenses is productive, but fundamentally, it’s still a consumer mindset. Consuming is simply paying money for some good or service. Producing is creating value that others want to consume.…
Firstly you start to produce as you add value to the world. You need to keep adding skills to your toolbox of skills and to also look for ways to contribute more. If you are always looking to add value, it is hard to fall back into consumer mode. Secondly once you add value and…
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