Category Archives: Entrepreneurial Mindset

Entrepreneurial Mindset

Be Unpredictable to Drive the Competition Crazy and Make Huge Profits

When assessing one’s business competition, we often look at their strengths and weaknesses and attempt to predict how they will respond to various situations. Based on this information, we design a plan to deal with the competition. Yet, what happens when the competition acts in unpredictable ways? Field Marshal Erwin Rommel was one of Germany's most decorated officers. Why? Because his [...]

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Why Your Options Are Limiting Your Success

I recently was watching a home movie of a motorcycle trip I took with my two boys where we traveled through seven southwestern states. As we rode through the hinterlands that make up much of this region, I recall being struck with a business epiphany. I shared this epiphany with my sons at a roadside picnic area about the role [...]

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What Is the Value of Experience as an Entrepreneur?

Not too long ago, I was asked to participate on a panel to speak about entrepreneurialism and evaluate business proposals prepared by college students enrolled in the Bachelors of Innovation program at a local college. The request got me thinking – What could I, a person with no formal academic education, offer to a college student who has attended nearly [...]

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A College Degree and Entrepreneurship in the Millennial Generation

Recently, I was speaking at a local community college about the value of an entrepreneurial mindset. While there, one student asked me,

How important do you think a college degree is to becoming a successful entrepreneur?

The question was a bit awkward since I was the guest speaker with no college education and here were a bunch of young adults [...]

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Why in the Heck Would You Start a Business

Guest post by: Christopher Ryan CEO or Fusion Marketing Partners and Center for Business Modeling.

Chris is a SCORE colleague and a marketing and sales maven. We are super fans of each others work.  The following post was published by Chris on his blog in June of 2016 and is chock full of valuable [...]

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How Your Confirmation Bias Is Stifling Your Business Success

A confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms to one's preexisting beliefs or hypotheses, while giving disproportionately less consideration to alternative possibilities. A conformation bias is a type of cognitive bias and a systematic error of inductive reasoning. People display this bias when they gather or remember information selectively, [...]

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How Amazon’s Alexa is the Flint that Will Spark a Business Revolution

In the Agrarian Age, there was no mechanization; farm businesses were limited by the number of unskilled labors (slaves) they could employ and by the length of the growing season. The stronger and faster the worker was, the more valuable he was to the business. However, as the tractor and other farm equipment were developed, they replace the [...]

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Curiosity: The Fundamental Attribute of Successful Entrepreneurs that No One talks about

Most business articles neglect to discuss one fundamental attribute that is a critical part of a successful small business owner's personality. This dimension of their personality is so important that some say it is the linchpin to business success. Yet, rarely do you see it discussed in any business books. So, what is this attribute? It [...]

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Are You a Workaholic?

Have you ever noticed how our culture celebrates the idea of being a workaholic? It's almost like a badge of honor to kill yourself for work. I think society romanticize workaholics and view them as team players who are always willing to go the extra mile. However, I think if you are a workaholic, you are missing the point. Workaholics try [...]

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Be Controversial to Spread Your Message

What bugs me most is that most first time entrepreneurs do not want to offend anyone with their viewpoint. They think that they are avoiding creating enemies by not having a polarizing opinion. In their mind, they think this somehow gives them a better chance at success. Furthermore, they consider people with strong opinions and who are forceful in sharing [...]

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