20 Traits of Failing Entrepreneurs You Should Avoid

Working regularly from coffee shops or partner community spaces has given me an opportunity to meet solopreneurs and beginner entrepreneurs who dream of making it big. I have also met hundreds of all kinds of entrepreneurs as well as worked with and trained many of them. Noticeably, there is a growing appreciation for entrepreneurship. According to FreshBooks, 96% of self-employed people have no interest in returning to a ‘regular job.’ While their perseverance is admirable, there are several other traits to watch out for that no entrepreneur will fall into any trap and dwindle away the chances of getting successful.… Continue Reading

10 Time Management Strategies for Busy Entrepreneurs

Entrepreneurship is both a state of mind that entails many personal and professional traits and a way of life that requires a lot of balance and time management.  Being able to launch, execute, grow, and scale a business is an intellectual exercise involving a lot of research, networking, planning, business strategy, marketing, sales, and a number of related activities. As a result, entrepreneurs have to jump between tasks, hop on calls, attend events, and be extra careful with each and every decision for their business endeavors.  (Disclaimer: This post was first published on Entrepreneur.com) Time management strategies for entrepreneurs and… Continue Reading

8 Things Entrepreneurs Need to Know About Running a Business and Landing Customers

We live in the most entrepreneurial era since the inception of humankind. Starting a new business endeavor gets more prominent thanks to mass media, startup accelerators, venture funds, and digital opportunities to launch quickly. But as a business advisor having consulted over 400 businesses, I constantly deal with the disconnect between reality and expectations. The dynamics of the global economy require strong leadership and pivoting quickly - between the hiring waves of strong investment environments and hardcore recessions bringing millions of businesses on their knees. The premise of "being your own boss" is a tempting solution to giving entrepreneurship a… Continue Reading

Entrepreneurship vs. Intrapreneurship

Entrepreneurship isn’t a 9-to-5 job that comes with the comfort of family and friends time in the evenings, or traveling and watching TV over the weekends. It’s an effort that usually requires a massive commitment and a multidisciplinary approach for handling dozens of activities at the same time, from branding through technology to accounting. It requires an odd sense of curiosity and the inner urge for solving problems. It’s a competitive sport that isn’t comparable to being an employee of the month at the office. The Harsh Entrepreneurial Truth Over 80% of businesses fail in most industries. And most people… Continue Reading

Aspiring Young Entrepreneurs – Should You Launch a Startup Now?

Are you aspiring to become an entrepreneur and run your own business someday? If so, what have you been doing to prepare for the challenges that come with running a business and the skills required to be a successful entrepreneur? The recent recession has accelerated the professional growth for many who now lack the opportunity to join a promising organization as interns or juniors. The creative folks have persevered and identified progressive opportunities worth exploring to generate some revenue and possibly land a full-time career in entrepreneurship. With the job market being competitive and uncertain, some individuals have decided to… Continue Reading