The Blog - Where Business Collides with Human Nature

Multi-hat CEOs

The fewer people you have working for you, the more “hats” you wear.

If there is not enough revenue to support a financial advisor or accountant, one hour the entrepreneur/CEO keeps track of finances and may clean the toilet in the next hour.

This might be irritating? Who went into business to get involved with the “little things?” Wasn’t the objective to make decisions and come up with broad strategies and create success?

The reality is that the best entrepreneurs thrive in a multidisciplinary, multi-hatted role ...but the one-man-band business model limits the potential for success.

Topics: Entrepreneurship Entrepreneur

A Big Surprise for the New Entrepreneur

Congratulations on your decision to go into business for yourself! (Or maybe you are an idea away.) Not everyone has what it takes to follow their dream. Entrepreneurs are unique individuals. You have likely spent hours, months, even years planning.

You feel SO prepared.

Topics: Planning Entrepreneurship Entrepreneur

Warning from Entrepreneurs

Who is an entrepreneur?

"An entrepreneur is a person who has possession of a new enterprise, venture or idea and assumes significant accountability for the inherent risks and the outcome.  The term is originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to the type of personality who is willing to take upon himself a new venture or enterprise and accepts full responsibility for the outcome."   

... Schumpeter argues that an entrepreneur is an innovator, one who introduces new technologies into the workplace or market, increasing efficiency, productivity or generating new products or services...  Wikipedia

Could this be interpreted as a "one person show"?  If a person is assuming the new venture or enterprise and willing to accept full responsibility, there might be a tendency to trust others less.  The consequences of marginal results by others has an immediate impact on an entrepreneur.

Topics: Definition Entrepreneur

Entrepreneurs Doing All-Nighters Get High

The Journal of Neuroscience shared findings in a recent study which underscores the need for people seeking business success in high-stakes professions and circumstances not to shortchange themselves on sleep.

“When functioning correctly, the brain finds the sweet spot on the mood spectrum. But the sleep-deprived brain will swing to both extremes, neither of which is optimal for making wise decisions,” says Matthew Walker, associate professor of psychology and neuroscience at the University of California, Berkeley and lead author of the study.

The Journal of Neuroscience says:  "Appropriate interpretation of pleasurable, rewarding experiences favors decisions that enhance survival."  What I gather from this is that sleep deprivation makes a person temporarily feel good.

Topics: Business Success Tips Entrepreneur Personal Development

How to be an Entrepreneur [video]

How does the mind of an entrepreneur work?  Are you an entrepreneur?  It could be that you are even though you punch a clock and get a paycheck.  The best resource for telling you how to be an entrepreneur are other entrepreneurs and they may say:

Topics: Entrepreneur

How Entrepreneurs Can Handle Rejection: A Writer's Perspective

Guest blogger Marianna Ashley shares tips for entrepreneurs on how to handle rejection:

Topics: Business Success Tips Entrepreneur Failure

Online Colleges Produce the Web Entrepreneurs of Tomorrow

Can you believe that online colleges produce the web entrepreneurs of tomorrow?

  1. Online colleges and universities provide an ideal education for the next generation of entrepreneurs.
  2. Students with an online education have the drive, the web skills, and the know-how to start their own promising online business.
Topics: Education Entrepreneur

Who Are Entrepreneurs Infographic

Who are entrepreneurs?  A picture is worth a thousand words.  This infographic is not only helpful for understanding the entrepreneur, it is a great example of how an outstanding resource at DailyInfographic.com offers valuable content which will be linked to, shared and book marked.

Topics: Definition Entrepreneur

Shorter

Shorter might mean: 

Topics: Leadership Entrepreneur