Every entrepreneur goes into business with a list of dreams, hopes and desires for their business and their life. Unfortunately, dreams require more than just hoping and praying for a successful outcome.

What we need to realize is that dreams are just the starting point of the entrepreneurial adventure. Dreams get us in the game, but to be successful in business requires being able to put all the pieces together in order to create a prosperous enterprise.… Read More

I’m frequently asked how one goes about pricing their goods and services for profit. It sounds like a simple enough question, but in reality, it can very complex. Get it right and all should be well. Get it wrong and you’ll be constantly chasing revenue, if only to pay the bills.

 

Now if your product is a “me too”, you don’t have a lot of flexibility, as the existing products have already established the pricing parameters and therefore you must compete accordingly.… Read More

No one likes doing hard stuff. It’s far easier and requires far less motivation to do the things we like. Great concert pianists produce wonderful music in what appears to be an effortless manner. Top ranked Olympians appear to have superhuman abilities and successful entrepreneurs have an air of quiet self-confidence.

What We Don’t See

The one thing all these individuals have in common, is that they put in the time and effort required to develop and refine their skills.… Read More

A very common trait of successful entrepreneurs is that many don’t have rear view mirrors. By that I mean, they rarely dwell on the past mistakes. They know their future lies ahead and not behind. The past is the past and mistakes happen.

“Once distilled, they let it go and move on…”

That’s not to say they pretend they never made a mistake, to the contrary.… Read More

Whether we chose to admit it or not, every entrepreneur has limitations and failure to acknowledge them can become an anchor that limits our success.

“Unfortunately, most of us never seem to shake our start-up attitude”

Granted, during the start-up years we must do everything to get our enterprise off the ground and there are many things that we aren’t very good at.… Read More

Everyone one of us needs to be motivated and inspired occasionally. Although successful entrepreneurs are inherently self motivated but none the less they still look for opportunities to keep themselves in the right frame of mind.

Being inspired or motivated is only half the required elements to achievement. The other half is action.

“Being motivated and inspired has little or no value if you don’t put anything into action.”

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Its not always your bosses fault that you don’t like your job (Tweet this). Sure it’s easy to blame someone else that you’re not reaching your full potential, that your job is boring and repetitive to say nothing of the fact that you feel stuck without choices. To that I say, get over it.

Working for an entrepreneur can be both challenging and fulfilling

Where is it written that they are responsible for your future?… Read More

I regularly tell business owners that you don’t have to be an expert in every area of your business, but you have to good enough at everything until you can afford to hire someone who is better than you in a specific discipline.

This is pretty simple advice but it can be challenging for the entrepreneur because they don’t know where to begin.… Read More

A wonderful piece of advice we can all use is that we should all have two mentors. One that is older that can share the wisdom that comes with age and can helps us avoid the many pitfalls that they’ve experienced.

The second and younger mentor, and by younger I mean at least one generation behind us and not just a few years our senior.… Read More

Being the creator of our future is part of the allure to being an entrepreneur, however one of the costs of doing so is the increased stress we experience while chasing our dreams.

The thing with stress is that although we all experience it, how we deal with it can be far different. Some even look upon it as a badge of honor and fool themselves into thinking that stress is a great motivator and therefore they’re making progress, when in fact they could be more effective if they could just reduce their stress.… Read More