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In the previous episode “S3 Ep 57: Why most entrepreneurs don’t make money” we have mentioned 5 crucial reasons why entrepreneurs get so easily discouraged :
1. Discipline
2. Endurance
3. Support
4. Focus
5. Stepping back
This episode is focusing on the power of stepping back and taking a aerial view of your efforts and progress, as a form of sustainability and accountability.
A lot of people are flirting with the idea of becoming financially independent but the reality is that the desire of having a business is never enough to make it in the entrepreneurial world. Becoming their own boss has almost pushed people to create in their mind a perfect, ideal image of what the entrepreneurship road would look like for them.
The truth is that running a business is much more than a hobby, is rarely the situation of “I do what I want when I want and if I feel like it”. That’s why most entrepreneurs give up within the 3 years, usually because the profit is just not there. This is just the surface of the problem, the true question is “why they didn’t make enough money”?
When the effort is too high and the result that we foreseen is not the value of what we want, obviously we will not continue to do the effort. In one of our BONUS episodes we have addressed the subject of continuing to put in the effort, no matter what, please listen HERE ( Bonus-COVID-19-The-pursuit-of-growing-together-and-why-to-keep-putting-in-the-effort / May 2020 )
In this episode we go over 5 crucial reasons why most entrepreneurs are not making money.
We may think that we don’t have much to give, not having enough time, that we are not successful enough to believe that we have something to give back, or that we don’t have someone that is looking to receive our support. But there is a way to be generous every day!
In this episode we go over the big and the small daily actions towards cultivating a generosity mindset for yourself and how to be present for people that are not even aware they are receiving anything from you.
It can be that subtle :-)
Being considered generous is treated as a high virtue in our society and it doesn’t matter if it’s about our social life or the business aspect, we all have something to offer. We may possibly doubt ourselves that we don’t know how we can serve others or the fear of rejection can take over. But the truth is that all of us have a gift that another person can benefit from.
Giving back is not selling anything.
Giving back is about sharing.
Giving back is remembering who was there for us when we started as entrepreneurs and how we can do the same for someone else, in their time of need.
This episode focuses on practical ways we can consider giving back from becoming mentors, brainstorming or becoming involved on the board of another entrepreneur. There are many fulfilling ways to be someone’s guiding light during a storm.
As entrepreneurs, we are aware that we will have to face the burden of loneliness. Considering what has happened in the business world because of the sanitary and economic crisis, now more than ever, those working for themselves and by themselves are more exposed to the immediate consequences.
So is it so difficult to ask for help as an entrepreneur? Why is that we are so sure of the fact that nobody else can have some answers regarding our business? Is it ego or attachement, sprinkled with a bit of pride?
Find out in this episode what differentiates the women entrepreneurs from male business owners and how and where we can ask for help in order to continue succeeding in business.
A business that is looked after and is receiving daily interest and effort, can only grow or die. There is no such thing as a stillness , like “nothing is happening”. Something is always changing, we just need to be aware and catch it early so we can be prepared.
Working over the years with all kind of businesses and entrepreneurs, we could observe that people are rather inclined to notice when the business is going bad and make all sorts of adjustments. But when things are going well and the numbers are rising, some changes have to happen also in order to accommodate the growth. Yet, more so, we can see that the same mistakes that keep showing up and almost dragging businesses under.
In this episode we address the 5 most common oversights that entrepreneurs tend to make along the way.
As individuals, what keeps us going is the hope, the dream of tomorrow. Now, with everything going on in the world, being optimistic may seem like a stretch for most people. It’s enough to be connected online for 10 minutes and you will be hit with news about Coronavirus, natural disasters, humanitarian crisis or the ongoing economic crisis. And yet, as entrepreneurs we need to have the skill of optimism functioning right in order to see our business thrive. It’s ok to be a realistic person and is recommended at some point, but in business you also need a degree of “I will make it happen even if I don’t know how yet”. After all, the worse is never certain.
Find out in this episode a few tips on how to maintain your optimism in order to see beyond any crisis and focus on the results ahead.
In an ever changing environment like entrepreneurship, what doesn’t grow slowly dies. We still have 5 full months to put our small business into high gear, so here the next few episodes will be dedicated to business ideas that you can still implement until the end of the year in order to make a difference in your business.
We are calling this a PARKING LIST of concepts, intentions, objectives or solutions; all of them meant to help you breath an air of growth into your business. Mix these with consistency in implementation and follow-up, and you have yourself a winning strategy.
Today we will tackle 4 ideas to improve your biz, as an entrepreneur. From analysing 5 flaws and 5 strong points of your competitors, looking for a new partner within your existing circle of clients or acquittances to better using your Social Media channels.
In an ever changing environment like entrepreneurship, what doesn’t grow slowly dies. We still have 5 full months to put our small business into high gear, so here the next few episodes will be dedicated to business ideas that you can still implement until the end of the year in order to make a difference in your business.
We are calling this a PARKING LIST of concepts, intentions, objectives or solutions; all of them meant to help you breath an air of growth into your business. Mix these with consistency in implementation and follow-up, and you have yourself a winning strategy.
Today we will tackle 4 ideas to improve your biz, as an entrepreneur. From revisiting 12 marketing ads that are striking you as successful and innovative, to reviewing your client list and cutting out your most difficult ones, see if you can find in today’s episode a new direction for your business.
In an ever changing environment like entrepreneurship, what doesn’t grow slowly dies. We still have 5 full months to put our small business into high gear, so here the next few episodes will be dedicated to business ideas that you can still implement until the end of the year in order to make a difference in your business.
We are calling this a PARKING LIST of concepts, intentions, objectives or solutions; all of them meant to help you breath an air of growth into your business. Mix these with consistency in implementation and follow-up, and you have yourself a winning strategy.
Today we will tackle the first 4 ideas to improve your biz, as an entrepreneur. From freeing a part of your expenses to reaching out to “almost” customers to ask for feedback, in today’s episode we go over some suggestions that you can apply in the next 5 months.
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