Lately, I’ve been chatting with a lot of business owners who keep telling me, “I’m going to have to hire someone. I have no choice!” That’s a big step. Transitioning from a solopreneur to managing employees can be quite a challenge. Trust and delegation are two of the biggest hurdles you’re bound to run into. […]
As small business owners, we often take pride in our ability to handle crises and put out fires on a daily basis. But let’s face it, this so-called superpower can hold us back from achieving long-term growth and success. Let’s examine why that is and discuss strategies to break free from this never-ending cycle. First, […]
Today let’s take a look at risk-taking and strategic avoidance. Entrepreneurs, by nature, possess an unwavering passion for innovation and disruption. Our ability to identify gaps in the market and transform ideas into tangible realities sets us apart. However, our understanding of when to step back and strategically avoid certain pitfalls can determine our success. […]
Pursuing goals is a lot of what we do as entrepreneurs. We dedicate countless hours, resources, and unwavering determination to achieve these milestones. However, along the way, we often face an unexpected phenomenon – decision paralysis. We may find ourselves caught in uncertainty, grappling with choices, and struggling to chart our next action. Let’s look […]
We’ve explored entrepreneurial blame; now, let’s look into another under-explored phenomenon – entrepreneurial shame. Entrepreneurship is often regarded as a noble pursuit fueled by innovation, ambition, and a desire for success. However, the reality of entrepreneurship often includes complex experiences that include self-doubt, embarrassment, or a fear of failure. Understanding the causes and consequences of […]
Small business founders are often known for their passion and dedication to their businesses. They’ve poured their hearts and souls in their ventures – working long hours and making countless sacrifices to get their businesses off the ground. But, as those businesses grow, founders often struggle with the idea (and the action) of delegating responsibilities. […]
There’s a lot at stake when you’re a small business owner. You work long hours, make tough decisions, and carry the weight of your business on your shoulders. What’s often overlooked, however, is the emotional toll that comes with the job – in particular, self-blame. Self-blame is a typical psychological response to failure or setbacks. […]
As an entrepreneur, fear is something that you’ll inevitably face. Whether it’s fear of failure, rejection, the unknown, or even fear of success, it can be one of your greatest obstacles. Instead of letting your fears hold you back, you must face them head-on. Easier said than done, I know, but I promise it’s worth […]
Growing a small business is an exciting and rewarding experience, but let’s be honest, the growth process is no walk in the park. It can be incredibly stressful and overwhelming – pushing you to your limits and even causing burnout. So, what can you do to ease the pain and make the process a little […]
As a business owner, you put in A LOT of hard work, time, and money to make your business successful. But have you thought about what will happen when you’re ready to step away? That’s the topic of today’s post – the importance of a business exit strategy and why you should plan it in […]