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Showing posts from January, 2023
Dave Newberry - The Entrepreneur's 6 Biggest Challenges
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1. BOREDOM Repetition, for most of us, is a comforting thing - for the Entrepreneur, it's like bad wine that they can't spit out fast enough. Typically, once bored, it's only a matter of time (usually minutes) before the Entrepreneur is wandering off to another venture. Not good. Successful Entrepreneurs know how to complete the project(s) they're working on, how to delegate it/them to someone else (with a deadline), or how to move beyond them completely through delegation or elimination. 2. RESTRICTION Diversity rules in the Entrepreneur's world. Entrepreneurs love freedom; freedom to create, freedom to dismantle, freedom to not worry about rules. However, for their company to be successful and for their employees to know exactly what's expected of them, providing structure (rules) is a good thing. When it comes to creating and imagining where their business can go or grow - successful Entrepreneurs have no boundaries - instead, they are always looking for...
Dave Newberry - The Benefits of Learning What Successful Entrepreneurs Do
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One of the most common pitfalls new business owners fall into is believing that they can do everything alone. This is a really strange pitfall since they are precisely the people who should be making the most of every contact they have. They need to take every opportunity for support: physical, intellectual or promotional they can lay their hands on. One of the best ways to get yourself into the right mindset to make your business a success is to work with an entrepreneur. "How difficult is that?", I hear you say. Not as difficult as you'd imagine. With online entrepreneurs sharing their vast knowledge, often free of charge, there's never been a better time to find yourself an entrepreneurial coach. So why might you want an entrepreneur to coach you? Surely if you have a good idea and work hard, the success will come? Not necessarily. Let me give you a sporting example. If you want to become a great tennis player, footballer or skier you'd recruit a coach, wouldn...
Dave Newberry - Great Business Ideas Require Entrepreneur Solutions
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Business Ideas Don’t Go Anywhere Without An Entrepreneur Driving Them If you’re an old guy like me, you’ve possibly had more than one or two friends or relatives through the years come up with some interesting concept that they thought they were going to make them filthy rich. They knew that if they just came up with the right thing, that they’d be on their way. The funny part is that several of the ideas actually weren’t all that bad. Some, well, they were a bit wacky, but so was the Pet Rock, but it did pretty darn well. If you are too young to remember the pet rock, just accept that it had been a dopey idea that made an entrepreneur lots of money. But, with very few exceptions, those people with their bright ideas never made any revenues, developed any products or became captains of any industries. The reason is that they weren’t entrepreneurs. They were just people with a solid idea. If you are wondering, as my Dad used to say, “once in a lifetime deals, usually don’t come alon...
Dave Newberry - Why Becoming an Entrepreneur Is a Great Choice Versus Having a Job
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Should You Start a Business? Of course, just because you can start a business does not mean you should start a business. There are two types of business owners: The small business owner that is only interested in having one or two employees or work by themselves, and the entrepreneur who sees a bigger picture and is bent on creating a business that will employee a lot of people and provide wealth beyond all dreams Entrepreneurs have a leadership mindset. Entrepreneurs not only start a business, but they also are responsible for guiding their business and employees after launch. Entrepreneurs should be prepared to serve as mentors to their employees as the business grows. Entrepreneurs surround themselves with other mentors and other positive influencers. You get huge payback when you surround yourself with mentors who already know how to start a business. Every successful long term business owner has a mentor. Examples are Warren Buffet, Donald Trump, Robert Ki...
Dave Newberry - Entrepreneurs Utilize Business Networking
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If you are an entrepreneur, who has recently decided to fly solo in the business world, chances are good that you are looking for a way to improve your personal branding techniques. While you may have already developed that perfect product or service, you will need to follow through with your efforts by expanding and creating a name for yourself that is synonymous with success. If you've ever wondered how business networking can aide in your entrepreneurial endeavors, then you have come to the right place. Business networking is a means by which companies utilize mutual benefits of advertising. Traditionally, entrepreneurs would simply attend functions pertaining to their industry. These entrepreneurs would shake hands with other company managers or even other entrepreneurs. They'd exchange business cards, and hope that they'd call one another in the future. These days, business networking tends to happen online. With the boom of technology, entrepreneurs are spending more...