6 Practical Tips to Become an Effective Entrepreneur When you start on your entrepreneurial journey, you are sure to hear one important piece of advice – you need to maintainRead More
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]]>When you start on your entrepreneurial journey, you are sure to hear one important piece of advice – you need to maintain a work-life balance. But what exactly does it mean? Does it imply that you divide your day into two equal parts – one dedicated to work and the other to life? Not really!
Work-life balance implies that you put equal emphasis on the two. But it’s easier said than done. It can be difficult to think of your life separately when you have to juggle numerous roles and handle numerous responsibilities. So, what do you do?
Here are a few tips that can help you become an effective entrepreneur:
If you started because you loved what you did and wanted to do what you loved, work will never feel as a burden. And while it can take up most part of your day, especially when you are just starting out, it will not make you feel as if you have wasted it.
Not just the work portion, but every part of it. And try to stick to your routine. There will be times when you have to reschedule a meeting or attend your child’s ballet recital. But otherwise, you need to plan out how you will spend the day. This way you can avoid the fear that something you wanted done won’t be on done on time.
Setting a big goal for the year isn’t a good idea. Instead, focus on smaller goals that you need to achieve within a week, or may be a month. It will make you feel good when you achieve these smaller goals. And it will also help you attain the bigger goal you want to achieve in the long run.
While you may love to handle every little detail for your business, if this means that you skip your breakfast, miss your exercise or don’t get enough sleep, it isn’t really the best thing for you. Eat healthy, exercise regularly, and get enough rest; and you’ll see what a difference this little things make in your life.
Taking care of your physical health isn’t the only thing you need to do. You need to refresh and re-energize your mental and spiritual self too. Go on a date, indulge in a spa break, plan a vacation, or do whatever you feel like. And switch off your Smartphone and leave your laptop behind on these occasions.
Be grateful every day for how everyone in your circle of life helps and supports you. It may be your spouse helping with housework or a business associate chalking out a financial plan. Say thank you whenever you feel; expressing your gratitude always makes you feel better.
Being an entrepreneur doesn’t necessarily mean losing sleep or finding no time for it altogether. If you love what you do, you can build your business into your lifestyle. And this way, you will be able to achieve the right balance between work and life.
Also, don’t stress about balancing your work and life. It will only mess up things even more. Instead, focus on what you need to do to stay healthy and happy. And when you love your work as an entrepreneur and be part of your circle, you will find that the work and life portions works out on their own.
The One Thing by Gary Keller and Jay Papasan
Grow A Pair by Larry Winget
Procrastinate on Purpose by Rory Vaden
The Energy Bus by Jon Gordon
Virtual Freedom by Chris Ducker
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]]>7 Reasons Why You Should Quit Your Job Is it a good idea to quit your job and chase your dream of being an entrepreneur? Well, there are numerous reasonsRead More
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]]>Is it a good idea to quit your job and chase your dream of being an entrepreneur? Well, there are numerous reasons that tell you not be so foolish as to quit a job that pays you well and helps you live the lifestyle you do and go down the road of uncertainty. But life is too short not to live it to the fullest either!
Need a few good reasons to quit your job and start on your own? Here are 7 that will help:
If you feel that you work, but you never achieve anything, it may be a good reason to quit. Sometimes you get too comfortable in a job to notice that you are stuck in stagnant waters. Do you accomplish anything? Do you make an impact? Do you feel that you have a purpose? If you answered no to any of these, it’s time to move on.
Do you wake up every day and think – why do I need to go to work? Some parts of your job are sure to suck. But if there are no parts that you look forward to (it doesn’t necessarily have to be fun, it can be motivating, challenging, stimulating, or anything else), it isn’t really the best opportunity for you.
You put in your best at work. But if you are just working to build a career for your boss, it won’t amount to anything in the long run. Your pay including the perks and benefits you get as well as the way it boosts your career matter; and if it doesn’t reflect how much you put in at your job, it’s no good.
Sometimes, the job you want isn’t even there; you need to create it. And what better way to do it than to leave your job and start on your business? So, whether you want to write a book, start an online handmade jewelry store, or offer after party cleaning service, the best time to do it is now!
Certain circumstances may make it necessary to have a flexible schedule; and a regular job may not be able to offer you that opportunity. When J. T. O’Donnell wanted to spend more time with her kids, she moved from the corporate world and concentrated on building her virtual career coaching venture Careerealism.
Can you make it with the skills you have? Can you make the money you have stretch to meet your business needs? Can you create and manage a team that will work towards a better future for them as well as for the business? When you take the entrepreneurial road, you are sure to find out!
It’s true that no business can succeed in a day. But it’s also true that your business may have the potential to succeed in time. If you crave to be a success; and are always depressed because you cannot attain it in your present job, it is time to move on and start something where you know you’ll accomplish what you want.
But before you take the leap, you need to exercise caution too. How do you do it?
The best way is to prepare for the uncertain times. Don’t fail to put aside at least the amount that will see you through for 6 months (you’ll still have to pay for food, gas, and such necessities). If possible, opt for a part-time job at the beginning; so that you’ll have a steady source of income when you are waiting for your business to break even.
The Art of Resignation by Steven Feiner
What’s Next by Michael Price
You Can Retire Sooner Than You Think by Wes Moss
The Freaks Shall Inherit The Earth by Chris Brogan
Everyday Entrepreneurs by Ken Horn
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]]>A summary of things you should know about How To Ruin A Business Without Really Trying according to MJ Gottlieb: Introduction In this episode MJ Gottlieb shares his book, HowRead More
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]]>In this episode MJ Gottlieb shares his book, How To Ruin A Business Without Really Trying, where he shares what every entrepreneur should not do when running a business.
In his book Gottlieb gives you 55 of the most painful and destruction mistakes and failures many entrepreneurs make when running a business today. The goal of his book is to help you learn from other entrepreneurs’ mistakes while taking the ego out of the equation allowing you to enjoy the freedom of your own experience.
This book is perfect for aspiring entrepreneurs who are thinking about starting a business and need a stepping stone to help promote faster growth in the beginning.
Most of the books that are out there tell people what to do. I believe that this is really the first book that tells people what not to do. And the reasoning behind that is that I don’t believe entrepreneurs like to be told what to do.
You can absolutely jump from one section to the next and it doesn’t necessarily have to be read from front to back.
I would say doing your due diligence. I think that doing your due diligence is one of the most recurring themes of the book.
The book is separated in to two sections. The first section is 39 case studies starting with the top do nots and never evers. These are the most common and prominent mistakes entrepreneurs make and I do that by highlighting the mistakes that I have made. Every case study has the mistake that I made and then it goes into the right thing to do which is what I know about it now and how I would go about doing things differently. Even though I came from the fashionable background it is applicable for all business whether you are product driven or service driven.
The second part of the book has everything to do with people that are in pursuit of the deal, raising capital, the different types of investors, the whole process of looking for money, the value of resources compared to just money, different problems with technology and different ways that we can take advantage now of the technology that we have. Sections also contain things that you would never learn in a business class such as something like Murphy’s Law. It is full of information that happens in the real world of being an entrepreneur that you really can’t be taught in business class.
“The jack of all trades is a jackass.” – MJ Gottlieb
I have been typically in the offline business for about 20 years having owned and operated five fashion brands since 1991. The last one I owned was up until 2007. I recently wrote a book about all the mistakes I made in hopes that aspiring entrepreneurs can actually learn from those mistakes.
I had just lost my second business and I was writing down all the mistakes that I had made just to get it out of my system. A friend of mine said it was great that I was doing it but asked if I had any idea the value that this information can have for those people that are looking to start a business. He said to call it What Not To Do When Starting A Business and then years later I made it into a book.
How To Win Friends and Influence People by Dale Carnegie
Buy How To Ruin A Business Without Really Trying by MJ Gottlieb on Amazon today
Visit HustleBranding.com to learn more about MJ and his company
Visit HowToRuinABusiness.com to learn more about the book
Follow MJ Gottlieb on Twitter and Facebook
For questions contact MJ by email here
Download the full transcript here (coming soon)
Listen on iTunes, Stitcher , and SoundCloud
Related books: Business in Blue Jeans by Susan Baroncini-Moe | All In Startup by Diana Kander | People Tools For Business by Alan Fox
Relevant advice and tips: 5 Ways Entrepreneurs Can Overcome Business Failure
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