The Entrepreneur Start-Up Series Week 26

Be ready to plan the long game. Albert Einstein said “It’s not that I am so smart it’s just that I stay with problems longer. This is the secret when becoming an entrepreneur.”

Ep #132: Abigail Hopkins, The Clean Life

Ep #133: Ulyses Osuna, The Power of Positioning

Ep #134: Brad Owens, The Robin Hood of Hiring

Ep #135: Tony Moze, The Rhyming Book Reviewer

Ep #136: Curtis McHale, Good Business, Great Father and Husband

10 Mistakes to Avoid when Starting a New Business

The key for any person starting a retail business is to avoid the usual pitfalls. They think “how hard can this really be?” I am sure there are many of you who have seen various retail businesses come and go.  Obviously, you want to be successful in your business or you wouldn’t be reading this post. The reason people make mistakes in business is that they do not do what they should do. They make decisions based on assumptions. Recently, we spoke to Guy Kawasaki on The Daily Grind Podcast. Guy Kawasaki is an American marketing specialist, author, and Silicon Valley venture capitalist. He has been an entrepreneur, worked for Fortune 100 companies and he has been an advisor to many start-ups. He identified his top ten+ list of mistakes entrepreneurs make when starting a business. Guy Kawasaki: Many entrepreneurs believe that they will secure a share of the total market and…

Building a Successful Service Business with Very Little Money Down

We have all heard this expression “Luck is What Happens When Preparation Meets Opportunity”. In the case of Chamber.Media its entrepreneur’s journey – success and not luck followed it after the founder and CEO spent hours of preparation before launching it. We spoke to Travis Chambers, the founder and Chief Media Hacker at Chamber.Media – an agency that makes scalable social videos – on The Daily Grind Podcast. He shared with us his story on how he built his successful business with very little start-up capital. Travis’s company, Chamber. Media. has generated $40 million in sales with over 250 million views, 3 million social shares and 15k press features and all in only a 3 ½ year period. He was responsible for creating “YouTube’s #1 Ad of the decade” viral video featuring Kobe Bryant and Lionel Messi. It is brilliant and to date the video has received 146 million views…

My dream was to be a professional golfer. It didn’t happen!

Expectations. We all have them. We are all taught at a young age to dream and to follow our passion, and that you can do whatever you want to do and be whoever you want to be. Some work for it and believe wholeheartedly that it will happen; however, sometimes it just doesn’t work out. Why, is the big question? We all want to be successful. We want nice clothes, a nice car, a beautiful home, an amazing partner, and financial freedom. We all think about it, some of us even dream and fantasize about it, but why do so many of us fail to achieve it? My dream was to be a professional golfer. A few years ago, I came to the realization that I wasn’t going to play on the PGA Tour. I was lost, depressed, and felt like a loser. All I ever wanted to do from…

Successful Entrepreneurs All Share One Common Regret

Having spoken to over 150 of the World’s top entrepreneurs over the past few months has given me a unique perspective and look inside their minds. From these conversations, I have learned a lot and tried to find out what makes them ‘tick’. They all believe that the failures and challenges they experienced led them to where they are now. They learned from failing and they never shied away from facing adversity. However, they all shared one regret in common – they wished they would have started their entrepreneurial journey sooner. They all had an idea that they sat on and that wasted time of inaction, still haunts them somewhat today. We can all recover from a loss of money, or the loss of physical things; but the one thing we cannot get back is time. And time is the most precious commodity we have. If we had more time,…

The Most Powerful Tool for Retaining Your Employees

Employee retention is one of the biggest hurdles that companies face today. The tables have turned and the employment market in 2018 has become an employee-driven market. The labour market is so tight now, that many companies are finding it difficult to attract and then retain employees. There are fewer people working today than there was 45 years ago. Therefore, there are lots of quality jobs out there but a smaller pool of talented workers to draw from. As a result, employers are finding it more difficult today to hang on to their great employees, because there are numerous options available to them. You can recruit and train a person, only to have them be poached from you by a competitor within a year. Losing any employee is a costly expense. First there is the cost of recruitment and then Second, there is the cost of training. Top companies know…