If you've been sitting around wondering how to build up your business, it's time to roll up your sleeves. Because it's as true in business as it is in life: Waiting around for things to improve in your business won’t get the job done. For something good to happen, you have to make it happen.
So says Steve Tobak, a Silicon Valley-based strategy consultant, in an article appearing on Foxbusiness.com.
“Successful business owners make their own luck by constantly seeking to improve their situation,” he says. They understand that “day-to-day inertia, the status quo, is the enemy of business.”
To prove his point, Tobak cites the humble origins of several famous companies, such as McDonald’s (“started as a hot dog stand called The Airdrome”) and Kraft (“sold cheese door to door”). The hugely successful entrepreneurs behind these billion-dollar ventures made things happen. And not all of their tactics were Sisyphean. Some are so achievable they can safely be called "easy."
Here are ways for you to build up your business as well. (more…)
Does this sound familiar? One minute your mind is overflowing with great ideas to grow your business, and the next, it feels like your mind is a vast and empty “thought desert.”
It is a worst-case scenario for entrepreneurs and business owners, who depend on new ideas to fuel much-needed innovation.
So says Victor Hwang, CEO and co-founder of T2 Venture Capital. He says the key is unlocking what he calls our “Rainforest—an ecosystem of innovation where new concepts can grow and businesses can thrive.”
In an Entrepreneur article, he offers seven steps to be rid of the thought desert and unleash fresh ideas as often as you need them.
For Hwang, there is little more frustrating “than being on a team where the leader is insecure and lowers everyone else’s performance.”
Entrepreneurs and business owners are prey to self-doubts like everyone else, “but transmitting your worst insecurities to your team makes others stop talking to you or trusting you.”
What can you do to get yourself together? “Take leadership training. Meditate. Ask friends how you can do better.”
The goal is about being authentic to yourself. (more…)
