Archives for October 2016

Entrepreneur: 5 Do’s and Don’ts

The successful growth of entrepreneur depends on the dedicated time and energy. They make time from their busy schedules and invest in continuing education and self improvement. There are a lot of successful startups and a lot fewer that failed. Many believe that the rule of business, finance and competitive markets does not apply to them.

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Focus on doing one thing

Focus on one phase at a time. This enables lowest burn rate and highest success rate. The initial steps start from demonstrating a concept, then developing a product, initial customer traction to phased production.

Raise capital all the time

A business grows with the constantly raising capital for the next phase. The lack of time, short on cash discovers the chances of making business processes realistic.

Solve a big customer problem

First, figure out the problem, then solve it. Don’t come up with something that doesn’t solve a customer problem better than anyone else.

Come up with differentiated strategy

You probably won’t do it right but sooner or later few startups do. Come up with a unique strategy that no customers can resist. It’s one way or the other to eventually figure out along the way.

For example: Ben Weissensten: Running a business with nothing or no knowledge turns to make everything more organized and learned.

Know their market

Understand the market, the competitors and unique customer value proposition. Entrepreneurs have the tendency of believing that if they are good at something would turn into a business. Unfortunately, that’s not how target markets work.

Aden Levin and Rob Tominey : Believes in time awareness, give the people what they want, don’t try to convince them into what they need, in other words, market research thoroughly.

Also read: Basic Principles of Entrepreneurship [Infographic]
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The way Entrepreneur does the work make them unique. And also sometimes what they don’t do lifts up their ideas. It’s their actions that set them apart in maintaining solutions. You don’t want to hear this, but it’s true. Here are the list of things that Entrepreneur don’t do.

No work-life balance

Entrepreneurs are mostly workaholics. They live doing what they love. They don’t roam around free-wheeling for fun during weekends.

Mentally strong people: Never try to convince

The most damaging business myth comes up probably with personal branding. Besides, multiple entrepreneurs have great ideas on turning ideas into great product and services. They don’t change them for the options.

Love the work, don’t do it for money

They just work hard and are passionate about what they love to do. Focus like a laser beam eventually that comes big to me. Skip a change with the set platform.
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They don’t have day jobs

Great entrepreneurs think of really cool and exciting options. They jump in the headfirst with little of this and little of that. They look for efficient services that serves the most exciting options.

Turns fear into power

They don’t pay attention to the voice. They don’t let their fear stop from taking risks. Entrepreneurs listen to most voices, a voice of reason and come up with relative instincts. The ones that haunt you with everything can go wrong.

They don’t have virtual mentors

Most people follow every sort of writers, tweeters, bloggers. To get somewhere in life, you have to get real mentors in the real world. It is said that behind every great entrepreneur is at least one great mentor.

The real entrepreneurs don’t call themselves entrepreneurs. They don’t follow popular fads or conventional wisdom. Besides they work on the things that they love.

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Can We Learn Something from Celebrity Divorces?

Learning lessons from celebrity relationships might not be on the top of your list, but you can benefit greatly from this – if someone knows about divorces, it’s the famous bunch. The worst part is the media – once the gory details about celebrity marriages get out (whether they are true or not), we get to read about it, cover to cover and it’s none of our business! This definitely doesn’t help the celebrities in question (on the contrary!), making the marriage and divorce all the more difficult. However, taking a look at celebrity divorces can definitely teach us a thing or two that can help us improve our marriages.

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Give and Take in Marriage

The entertainment industry is based on self-focus and self-promotion. It’s just the way it is – celebrities promote either their looks, their skills, their talents or a combination of them. Self-focus is one of the prime reasons celebrity marriages end up in divorces and there’s a lesson to be learned here – in a marriage, you need to focus on yourself, your significant other and your relationship. This is much easier for Average Joes and Janes, than it is so for the celebrities, but it’s often disregarded in “regular” relationships – which is exactly what celebrity divorces can teach us.

Priorities

There’s an everlasting battle between marriages and work – either both, one, or the other suffers. This is because both of the two require dedication and there’s only so many hours in a day to achieve this. Celebrities wouldn’t be famous, if they weren’t dedicated to their work, which is often why their marriages end in failure – celebrities such as movie stars often engage in projects that are likely to ruin their relationships with their friends, family and partners.

When it comes to regular people, however, things are a bit different. Sure, it’s your livelihood that’s at stake, but even if you’re lucky enough to love your job, your job will never love you back. You haven’t committed your life to your job and it isn’t nearly as important as a marriage. At the risk of sounding cliché: money can’t buy you happiness, but happiness will bring you something larger and stronger than money. Always look at the celebrities when choosing what to prioritize – is your job really worth getting divorced?

It’s not the End of the World

On the other hand, celebrities have taught us that ending a marriage is not a crazy thing to do. Divorces are bad, painful and gut-punching, but there’s something worse than separating by law – living in an unhealthy, unhappy relationship. If there’s something simultaneously good and bad, when it comes to marriages, it’s the obligatory commitment – if you love somebody, you’ll have no trouble committing, yet you have committed and given away a part of your freedom.

This commitment is often reinforced by religious aspects of marriages and relationships that should’ve ended with separation end up in a never ending loop of resentment and dysfunctionality. This is exactly something celebrities can help (and have helped) us with – divorces are just as normal as marriages are, and if a relationship turns rotten, you should never shy away from ending it, especially when divorces have been made so easy – filing for divorce in Oregon can be done online can be done online these days, so the whole awkwardness has been reduced to a bare minimum.

Legal Representation

Regardless of how smooth the divorce appears to be going, you never know what waits around the corner. Quality legal representation is a worthy investment that can help the whole proceedings run smoother. Take Tom Cruise and Katie Holmes as a good divorce example – they have both hired quality legal representation and managed to reach a settlement just 11 days after filing for divorce. Naturally, the majority of celebrity divorces aren’t really exemplary, but you can learn a lot from the Cruise-Holmes divorce.

Celebrity divorces are quite common and we often get a lot of insight into them, sometimes even when we don’t want to. The good thing here is outlined in the fact that you can learn a lot from these, what with all the media coverage. Let the celebrity divorces serve as lessons!

Author Bio:
Alex Williams, was born and raised in beautiful Sydney. She is a journalism graduate, and a rookie blogger trying to find her luck. Blogs are the perfect opportunity for presenting herself to wider audience, getting the chance to showcase her expertise and receiving recognition. She is a regular contributor at BizzMark Blog.
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Twitter: https://twitter.com/alextmwilliams1

Image courtesy of Pixabay

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