I have never been a patient person; it’s the way I’m wired. Once I have an idea of where I want to go, I want to get there as soon as possible … even if it means getting out of bed at 3:00 a.m. I don’t see the point in waiting.
I know this internal sense of urgency can annoy others and my haste has stung me a few times in life. But I firmly believe an entrepreneur needs some level of impatience in order to succeed. Over the course of my career, impatience has been my friend – but like anything, moderation (or management) is the key.
Many smart people never succeed as an entrepreneur. We often chalk this up to risk aversion, fear of failure, or just plain old bad luck. However, I think the worst thing you can do as an entrepreneur is wait for things to come to you.
Ravaging through the rough, grunting and seeking out the next victim….Scavenging anyone and anything that comes in the way…
No, we aren’t describing the latest wildlife channel special about predatory beasts in the jungle. We are referring to the angry, stressed, tense new entrepreneurs on a tight deadline. At this stage in the startup journey, fresh-faced founders may get a little anxious, as the viability of their new startups is dependent on each deadline. Sure, you could argue that it is just the passion coming through, but this attitude could cost a new entrepreneur his/her business.
If your actions are making your employees cower in fear of being the next stop in your slaughter trail, these are a few pointers to help you:
Our client, Megan Hyman, opened her dog daycare, grooming and boarding facility in 2013. She took a huge bet on herself in which she wagered an inheritance to pursue her desire for a new future. Nearly two years in, she’s winning, but not without some serious challenges that we went through together.
In this video she discusses the difficulty of finding the right location and how she got out of her own way to fill her business with enthusiastic clients.
Posted in Case Studies, Uncategorized
Tagged CBPS, dog day care, entrepreneur, Location, marketing, megan hyman, pasadena ca, pawfection, start up, start up business
The ultimate goal of every entrepreneur is to succeed – and to be happy doing it. But not every entrepreneur gets to achieve it. Indeed, hundreds of new businesses are launched every year but success eludes most of them.
One reason is that entrepreneurs are faced with some of the most difficult questions on a daily basis – and how they answer them could depend on if the startup sinks or swims.
To ensure success, here are the three most important questions entrepreneurs must answer.
1. What are my goals as an entrepreneur? Most entrepreneurs find it difficult to separate their personal goals from their business goals. And that makes sense. Think about it, entrepreneurs are often trying to turn their personal passion into a business – and just need to find others to help achieve their goals. While I get that sometimes they are linked, the ability to separate your goals can help you focus your personal growth and the success of your business at the same time. So set goals.
We get it. You’re starting a new businesses and you’re strapped for cash. There are a million questions going through your head. We empathize with bootstrapping entrepreneurs and small-business owners everywhere, and today we explore meaningful ways that add up where your business can save money in the early phases. That said, every small-business owner and entrepreneur has a unique set of circumstances that pertains to their business, industry, strategy, and execution. Here we will outline some of the key choices, some obvious, some less obvious, on ways you and your small business can save money.
Entrepreneurs from early stage startups have to pitch to investors to raise financing, and many entrepreneurs are inexperienced or terrible at making the presentation. As a venture capital and angel investor who has heard many pitches, I’ve compiled a list of mistakes and things to avoid if you are an entrepreneur seeking angel or venture financing.
Mistake #1: Sending me your executive summary or business plan unsolicited.
Investors routinely discard or don’t read unsolicited emails. They get hundreds if not thousands of such emails, and they can’t spend the time sifting through them all to find that diamond in the rough. But what they will pay attention to is a referral from someone in their network — a lawyer, an entrepreneur from one of their portfolio companies, or a fellow venture capitalist.
Marketing a new business idea can be a difficult task and should be done with care and precision to target the correct audience in a way that is both effective and affordable. However, with a little planning and an array of effective techniques in your marketing arsenal, you’ll stand a good chance at advertising success – here are some great ways to market your new business idea to get you the exposure you need.
Whether you are trying to get some investors on board or are looking to help others gain awareness of your product or service, tailored presentation packs are a great way to do this. They contain all of the relevant information needed on the product or service and you can include a sample depending on what it is, as well as some merchandising goods used to entice clients and investors and establish your brand.