Category Archives: Entrepreneurial Mindset

Entrepreneurial Mindset

A Lack of Time Is No Excuse for Not Starting a Business

The most common excuse I hear from people about not starting a business is that they just don't have the time. Everybody has time. Watching T.V. is not a productive use of your time. What if you used your T.V. watching time more productively to work on a business idea? When you want something bad enough, you'll make time regardless of [...]

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The Value of a Blog Even If No One Reads It

I agree with Seth Godin when he says that every business owner should write a regular blog even if no one reads it. The other day I was driving to Denver to attend a meeting with the SBA and the Minority Business Office. During the drive, I was listening to an audio-book about how to work smarter. While I didn't particularly [...]

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What Is the Value of Quiet Time?

One of the best things for me about hunting season is not the thrill of the hunt or even trying to outwit a wild and cunning animal. Nope, it's far less glamorous – It's the time I have alone with my thoughts. I recall a story that I read as a boy about Fred Bear,  the famous Archer. As he [...]

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Is Your Business Persona Aligned for Success

As we discussed in a previous post, most self-employed, micro, and lifestyle businesses are started by a person with a strong technical persona. Often, these entrepreneurs are suddenly seized with the desire to start their own businesses because of their strong technical skills. Michael Gerber, the author of “The E-Myth,” describes this sudden desire to start a business as [...]

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The Anatomy of a Business Owner

Inside every small business are 3 personas, each competing for time as the leader. The three personas are the technical (workers), president (inwardly focused), and chief executive officer (outwardly focused). To succeed, a business must possess all three personas. The technical persona is about the present and doing the work. The president persona uses the past to find trends and improve [...]

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Are You Focused on What Really Matters?

The other day I was talking to a client about patents and mentioned that Callaway developed the Big Bertha driver. In fact, it initially sold for nearly $1,000 when it came out. Within a week of it release, a Chinese company created an exact duplicate as a knockoff that it sold for half the price. As I was driving to my [...]

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How to Keep Motivated

Like every entrepreneur, I'm motivated by accomplishments. Therefore, it stands to reason that most entrepreneurs seek out small jobs, like catching up on email, that they can accomplish quickly to feel the rush and satisfaction they get when they accomplish a task. Sometimes, however, there are more important tasks that by their nature take a significantly longer time to accomplish. These [...]

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4 Publishing Industry Lessons To Make You A Better Entrepreneur

Since I have been writing articles related to small business for years and recently codified many of them into books, I began to think about the differences between the revenue sources and expenses of a magazine vs. that of a book. While they both are based on the content produced by a writer to deliver their end product, the return [...]

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The Homeless Can Be Entrepreneurs Too

On my way to a business counseling appointment earlier today, I was waiting at a stop light. As usual, there was a homeless person at one of the intersections holding up a sign. He was a younger guy with weathered skin, so my guess was he was chronically homeless and not homeless through some type of event such as an [...]

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Four Business Lessons From The Sturgis Motorcycle Rally

As I write this post, I have just returned from a motorcycle rally in the Black Hills of South Dakota. This rally is often referred to as just “Sturgis.” As always, the trip was full of lessons for entrepreneurs. Now, you may be surprised by that, but stick with me and you'll discover these lessons too. When I mention Sturgis to [...]

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