Entrepreneurs

February 11, 2015
successful entrepreneurs

Characteristics of Successful Entrepreneurs

We recently came across an article from Entrepreneur on the 10 Steps to Becoming a Successful Entrepreneur. It started us wondering if our business owner clients would agree with their list. Contributor Larry Alton suggests that the following will lead one down the path of successful business ownership: 1) Love what you do 2) Take baby steps 3) Learn from others 4) Learn to self-promote 5) Constantly take action 6) Make a plan 7) Build a reputation 8) It’s never too late to start 9) Build your “A” Team 10) Be mindful of your attitude What actions did you take or what mindsets did you adopt to create your business? What characteristics have you noted in other successful entrepreneurs you have met? Would you alter or add to Entrepreneur’s list?
November 21, 2014
Internet of things

The Internet of Things: What Does This Have to Do With Your Business?

You may have been hearing lately about the latest buzzphrase, “the internet of things”, and wondering what it has to do with your business. In a recent post on Forbes.com, contributor John Rampton notes that the ambiguous term has led to a lot of confusion among business owners. What is clear however, is that the pervasiveness of the internet into our everyday lives has led to a new era of doing business. From buying your morning coffee with your smartphone to referring to online reviews before making a purchase, our economy is quickly becoming dominated by technological advances. So what does this mean for your business? Click here to read John’s recommended first steps to get you, your staff, and your processes ready for “the internet of things” evolution.
November 19, 2014
business productivity

10 Strategies to Increase Your Productivity

In a recent article in Entrepreneur, contributor Thai Nguyen offered 10 strategies that can lead to working smarter. Unlike many “10 best” articles, his suggestions not only made sense, but they appear doable! Many business owners will applaud the first strategy named Parkinson’s Law. According to Cyril Northcote Parkinson, a 20th century naval historian,”If you wait until the last minute, it only takes a minute to do.” Feel free to pull out that quote the next time someone complains about the procrastination that lives in all busy entrepreneurs! Click here to find the full list. Does one productivity strategy in particular resonate with you and how you run your business?
October 10, 2014
Wharton Insurance

Implement Digital Tools to Keep Internal Communications Flowing

When your business is just starting out with a few employees, internal communications can be pretty straight forward. Email, quick phone calls and meetings tend to keep everyone on track. However as your team grows, managing the flow of information becomes more complicated. Recently, one of our team members attended a meeting of local business owners where the main topic of conversation centered around the direct relationship between a strong internal communication process and a positive customer experience. The attendees shared their experiences with managing growth while meeting and exceeding customer expectations. In the end, the solutions boiled down to technology. Most of the business leaders incorporated some sort of project management software or web application to keep the whole team in the loop. In a recent article in Entrepreneur, Will Weinraub, CEO and Co-Founder of Katana by LiveNinja, offered his top 5 web applications that drive his organization’s internal communications. His company is focused on “Team Collaboration”, and therefore needs robust project management tools as well as easy file sharing and dynamic internal messaging. What communication needs does your industry require? Have you found a proven process that keeps your team informed and on task?
September 26, 2014
Women entreprenuers

Building the Future of Women Entrepreneurs

When we think of Girl Scouts, our minds tend to go immediately to those colorful boxes of delicious cookies. Meant as a major fundraiser for the organization, the cookie program also serves as a way to teach the girls about business, finance, logistics and sales. With an eye to expanding the entrepreneurial skill set of young women, Girl Scouts of America has partnered with Barnard College in New York City to create a summer program for the Girl Scout Leadership Institute. GSLI is geared toward young women in grades 9-12, who attend a summer camp focused on the ins and outs of creating a startup. Over the past two summers, almost 50 startups have been developed by the participants, and all have been through a pitch process. Click here to learn more about the GSLI. Broadening the entrepreneurial landscape to include all people with the drive, skill and perseverance to become a business owner only adds to a more vibrant economy for us all. Have you participated in any programs that have guided or inspired you along your path to becoming an entrepreneur?
August 15, 2014

Infograph: Aha Moments of Successful Entrepreneurs

When you first meet an entrepreneur, it is likely you will have a conversation about the aha moment that launched their business. It could stem from a problem they were encountering, an experience with a product or service they knew they could do better, or a recognition of an unmet need in the market place. Regardless of the reason, it was something that sparked within them a passion strong enough to make them take the entrepreneurial leap! Below is an infograph from Funders & Founders, highlighting the aha moments of some noteable entrepreneurs. Care to share your aha moment? Leave a comment below.  
August 8, 2014

Compelling Videos by Top Entrepreneurs

We recently ran across an article in Entrepreneur magazine, offering their top 10 videos from Stanford University’s business school’s YouTube Channel. It turns out this not well-know gem is filled with videos from successful entrepreneurs offering advice, sharing stories and providing guidance to those who are traveling along the same path. Click here to visit the channel. Regardless of their industry, business leaders can value from hearing the experiences of their peers, or of those they aspire to emulate. Although we still have peer networking groups, industry journals and conferences, technology has expanded the options to further our knowledge. Industry enewsletters,  blogs, webinars and podcasts are now common information sources. Do you have a resource you find valuable for your business? Tell us about it.
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