Are you thinking about starting your own business? Does something always get in the way? From insufficient funds to lack of experience, spending time with the kids, to the hours you dedicate to draining your brain in the nine-to-five job you already have; there’s always an excuse that prevents us from biting the bullet and taking the risk. More often than not, what really stops … [Read more...]
Starting a Business? Here’s What You Need to Know [Infographic]
Globally, the median amount required to start a business is $15,000, but 29% of businesses fail when the owner runs out of money. That’s because 82% of startup funding comes directly from the owners or their families. Only one out of 100 entrepreneurs will ever get venture capital to help make their businesses successful. [Tweet "Only 1 in 100 entrepreneurs will get venture … [Read more...]
Are You Looking for Cheap Business Ideas?
Are you ready to start your dream business? Many people associate starting a business with huge expenses. The great news is that if you want to start a business, you can do it very inexpensively. There are literally thousands of entrepreneurs making hundreds of thousands of dollars working from home. An equally high number have combined their home and a vehicle to provide … [Read more...]
3 Steps for Starting Your Own Business
Passion. Creativity. Passion. Marketing Plan. Passion. Support Network. The key ingredient to successfully starting your own business is your passion---your conviction of the viability and merits of the goods and/or services you offer; your total, unwavering commitment to seeing it through; your ability to work whatever hours that are needed and your personal mantra - “I … [Read more...]
4 Misconceptions of the Entrepreneur Lifestyle
From the outside looking in, entrepreneurship seems to be a breeze. You are your own boss, you can set your own hours, and can work from anywhere. That sounds so amazing, and it is! However, there are some misconceptions. 1. You’ll Work Less Hours One of the most common phrases I hear from aspiring entrepreneurs that are currently in Corporate America is, “I can’t wait to set … [Read more...]
The Reluctant Entrepreneur
While for many, the career choice of entrepreneurship answers the call of destiny, for others there is no calling, until necessity knocks at their door. Often referred to as the ‘Necessity Entrepreneur’, (a purely descriptive term), those that find themselves on this path do so out of personal or professional circumstances that leave them no option but to work for … [Read more...]
The (Slightly Terrifying) Freedom of Being a Female Entrepreneur
Following my dream and starting my own business has been by far the most exciting thing I have ever done in my life. It's opened up opportunities I would never have dreamed of, and I feel constantly grateful for the experiences my career provides; the things I learn, places I visit, and people I meet. However, no entrepreneur would ever advertise what they do as 'the easy … [Read more...]
What Successful Female Entrepreneurs Know
Women are starting nearly 1,300 new businesses per day, which is double the rate from three years ago, according to an American Express 2014 Report. For nearly the past two decades, research has shown that women have become entrepreneurs at a faster pace than men. Entrepreneurship can be a thrilling endeavor for women, as they seek freedom, flexibility, and control of their … [Read more...]
Is It Profitable to Follow Your Passion? 4 Questions to Ask Yourself
There are many self-help programs suggesting that you need to follow your passion in order to achieve your dreams. It’s great advice for some, but if you are relying on it to earn a living, then using your passion as a foundation for your career may not be the answer. Here are questions to ask yourself before you decide that following your passion is the best business … [Read more...]
Are You Ready to Turn Your “Side Hustle” into a Business?
Side hustles are generally born out of necessity or passion. They tend to maximize our skills and capacities or release our creativity. Converting a side hustle into a business is often a slippery slope because whether your side hustle is born out of necessity or born out of passion, the realities of formalizing a business can be disheartening. A side hustle that generates … [Read more...]