Sjeenen

The Killer Instinct. One of the most effective things that you can employ no matter your status, as it relates to entrepreneurship, is a killer instinct. A killer instinct is also known as a sense of urgency. As an entrepreneur problems are just Solutions waiting to be found and Solutions equal money. The bigger the problem, the bigger the solution and the more money you can make.

A one Star Review is the best thing that is ever happened to me, my business and my entrepreneurial efforts. The fact that the customer was willing to tell me honestly and openly what I wasn’t doing well, has been so beneficial. It hurt to hear, but upon reflection, I found some truth in what she was saying.

Setting Expectations Give me the best way to avoid a potential disappointment. Disappointment as it relates to customers is a bad thing. Disappointments lead to bad reviews and bad reviews lead to a lack of business. So it is important to set realistic expectations so that they don’t become tomorrow’s excuses.

Professionalism still matters. I understand that our culture is gotten far less formal and I think that could be a good thing. However there are some environments where professionalism still matters and especially when a person is paying. The dirty little secret of entrepreneurship or in business is that the consumer does not have a responsibility to be professional, only the entrepreneur or business owner has the responsibility to be professional. Could the reason your business is not successful or as successful, be connected to the fact that you are not professional?

Can you apologize, are you able to say you’re sorry or can you dig deep inside yourself and say I was wrong? The truth is as a culture we are not big on apologizing. In fact, We will go to great lengths to avoid apologizing. A way to distinguish yourself from every of the entrepreneur and every other business out there is to admit and correct wrong.

Communication is consideration. Let’s face it, the only real commodity is time. Because no matter what you do you can’t replace lost time. With this in mind, it is important that you as an entrepreneur respect your consumers time. Communication is consideration and consideration is how you build a rapport and a strong rapport is how you build a perpetual Customer base.

Got Integrity? At the end of the day, all you have is your name. Is your word bound? Can people count on you to do the right thing despite the circumstances or do you only do what is right when the cameras are on? Are you motivated by the money, the fame or are you motivated by keeping your word?

What is the difference between an LLC and a DBA? Is it better to have a limited liability corporation or simply a doing business as designation? Because the LLC is an additional cost I firmly believe that unless you have a viable POC which stands for ‘proof of concept’ then to get a LLC prematurely, can be a waste of money.

The five worst reasons for going to business and becoming an entrepreneur. Owning your own business has become quite popular, in fact, it is extremely popular. It is important to remember, why you do what you do and it cannot be based on what everyone else is doing. Here are five bad reasons to choose entrepreneurship.

1. You have Debt.

2. The fear of missing out

3. Pressure from friends or family

4. You hate your job

5. You want to be rich and famous.