As an entrepreneur I focus most of my attention towards two main aspects of business: 1) Planning for a different business tomorrow and 2) Creating customer and products. Both aspects are looked at from an outside perspective to give impetus to “out-of-the-box thinking”. The first aspect, planning for a different business tomorrow, is looking at the “big picture,” whereas creating customers and products is looking inward to take the business to its full potential.
When people tell me they’re shocked that I returned to university at 50, I laugh because I can’t believe it either. Over the past seven years, I finished my Bachelor of Commerce, CMA, MBA and law degree in addition to articling at a Winnipeg law firm—all while running a successful business.
by Alex Wolk, an EO Accelerator participant and founder of Insite Advice and Digital Marketing Aficionado
When people do not understand what an effective internet marketer does, I often compare it to a profession that has been around much longer, that of a financial advisor. A financial advisor, at least a good one, will not offer a generic “one size fits all” strategy, which is all too commonplace in the industry. Rather they will work with their clients to assess their current financial situation and establish realistic financial goals, often retirement savings, college planning, etc. They then ask the client what their risk tolerance is and work to set a realistic timeline for achieving those goals. Based on that information, the advisors develops a customized ongoing plan to best maximize those goals at the present, while providing ongoing consulting to monitor that performance and take advantage of new opportunities as they arise.
By Samantha Smith, Chief Executive of finnCap and a member of EO UK – London
Seven years ago, I bought out my business from the co-owner and became the first and only female CEO of a broker firm in London. At the time, most other brokerages were run in a very typical manner; they shared a broadly similar culture—fairly aggressive, with quite a ruthless hire-and-fire mentality, little emphasis on career progression or training and listening to staff and not much interest in employing a diverse range of employees.
You’ve probably been to a co-working space. People are scattered around library tables surrounded by glowing, silver Macbooks, whiteboards, chalkboards and industrial decor. You can hear whispers of buzzwords such as SaaS, Big Data, Scalable and Growth Hacking.
by Matthew Arrington, an Overdrive contributor and executive director and co-founder of Forte Strong
Years ago, I co-founded a program for young men who have trouble becoming self-sufficient. While our purpose is to provide life coaching, I can honestly say that I’ve learned a lot from these men — probably just as much as they’ve learned from me.
Imagine you’ve gone to your favorite restaurant. You order a great meal and but after eating two thirds of the meal, you feel full. And today, no take-outs allowed. Would you finish the meal? Many of us would. I probably would. After all, I wouldn’t want the food to be “wasted.”
If you look at the stories behind the world’s successful entrepreneurs, each is unique in how they overcame obstacles and grew their business. However, there are a few common traits that budding entrepreneurs need to be aware of and learn from to help ensure success in the global market. These are the next three.
If you look at the stories behind the world’s successful entrepreneurs, each is unique in how they overcame obstacles and grew their business. However, there are a few common traits that budding entrepreneurs need to be aware of and learn from to help ensure success in the global market.