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The Energy of Entrepreneurship by @SBSLEducSoltns

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( A flyover of all the glorious forms of creating your own asset )

Just as a strong case can be made that entrepreneurship & education are intertwined, so the same can be said for energy & entrepreneurship. How many business owners do you know who live day to day with boundless determination?  Joy? A skip in their steps?

 

We have a B-i-G opportunity! We should encourage entrepreneurship’s many forms so the energy in our society is always flowing, & many new assets are created to better ourselves, families, communities, nations, & beyond!

 

Describing Our Economy

 

Thought leaders have been using various labels:

 

Conceptual Age

 

Gig economy

 

Youpreneur

 

Multisided platforms ( ‘Matchmaker Economics’ )

 

You might wonder; how do these inform, inspire, & instigate citizens to leave mediocrity behind to embrace these energetic forms of entrepreneurship?

Inform(ation)

 

With conventional classrooms in all 3 tracks very slow to adapt to the modern era, as entrepreneurs, we can share stories, teachable moments, & connections with those in our own, as well as younger, generations.

Welcome any opportunities to be someone’s mentor, advisor, or coach. Focus on paying forward crucial knowledge to others. Serve 1st always!

 

Inspire (-ation)

 

Often, entrepreneurship is not a soft fluffy bed; it’s part of the charm of the day to day journey to struggle at times! Anything that comes ‘easy’ often has more downside than engaging in smart x hard work building a business.

Don’t hide this from those whom you talk with, yet don’t muddy the clear lens of a passionate individual who wants to be a difference maker. Inspire her by adding value, w/ no stated expectation of reward or return.

 

Instigate ( lighting sparks )

 

Those who deeply understand principles such as the ‘Five Laws …’ & ‘Law of Attraction’  should be beacons of inspired instigation in her circles of influence.

The sparks lit in the fire pits of today will lead to the solutions of tomorrow.

So many of our most pressing societal challenges can be solved with entrepreneurial energy; if you flip back through the pages of history, you’ll see this jump off the pages.

 

7 Forms

 

Now, we transition from the most valuable question, why?, to what? +

 

( + we’ll leave out ‘how’; JFK’s 1962 Rice Univ Speech is the model for why not to focus on this Q )

 

Franchisor/franchisee

 

  • Franchise consultants set up shop to help someone who has the liquid capital to purchase a brand & its intellectual property, turnkey system/s, & in many cases, a ‘bricks & mortar’ location. Franchisees are far from cutting edge concept; although if you were talking with your grandparent(s), they would tell you that at 1 point, it was new & barely understood!

 

Solo-preneurial / proprietor

 

  • This is the simplest form. How do you monetize? Choices inc. hour for dollar billing ( ‘self employed’, creating your own job ); using a retainer; or working on a project basis. As with any form, there are pluses & the opposite; yet, if you’re very new to entrepreneurship, keeping things uncomplicated may be your wisest choice.

 

Gig / freelancer / contractor

 

  • Gig based businesses abound in our modern age; do depth based research to find options best for you.  Freelancing is very common in right brained, creative pursuits like social media, content/digital marketing, & writing.  Finally, being a contractor for a larger enterprise where you are offered more flexibility than an old school W-2 employee could very well be a win:win arrangement.

 

Broker / Agent

 

  • Insurance & real estate:  Both have high name recognizance, even by those who have never been entrepreneurial. Many of the agencies & companies operating in these very mature industries are always looking for someone who is servant minded & willing to tailor a solution to the consumer/prospective policyholder or buyer/seller ‘s unique needs.

 

Direct Sales

 

  • This form is newer on the block than its sister ( see below ).  How is it different than Ntwk Mkt/MLM?  It often generates income for the owner through the promotion of events versus growing a team.  For instance, you set up a cooking demo, offer products to those that attend at a % off, & build a relationship with them that goes beyond 1 transaction. Often, social media is used most often by these consultants, hosts, & associates.

 

Network Marketing ( MLM )

 

  • A mature form, when compared to its brother ( scroll up ), they’ve been options for upwards of a century! Yet, there is still much mis-understanding, inaccurate representation of its legality/lawfulness, etc.  This form is absolutely viable, esp. for those with people skills; those who are patient & don’t expect income overnight; or someone who is able to lead another by serving her first, a fundamental for building a team that replaces you.

 

Licensor / licensee

 

  • The licensee model is essentially ‘franchisee lite‘.  It has many elements of the latter, yet it doesn’t necessitate a bricks & mortar storefront;  often, you can be a mobile-preneur ( easily able to work at a coffee shop, coworking facility, or at home ). Licensors offer intellectual capital ( logos, brand awareness, a systems based approach to building revenue & cash flow ) in exchange for a 1 time, or recurring payment(s).

 

Lots of – ‘Preneurs!  Which are you?!

 

Profiles Worth Following

 

Sidepreneur

 

Mompreneurs

 

Teenpreneur Inc

 

Self directed Educational links

 

Employee vs Entrepreneur – Which is Riskier?

Actually, Starting Your Own Company …

Becoming an Entrepreneur …

 

In short …

 

  • Describing today’s economy
  • Inform, inspire, & instigate
  • 7 forms of energy: entrepreneurial options
  • Types of -preneurs
  • Three Twitter handles
  • For further learning …

 

Thank YOU for reading!

CoWorking is Cutting Edge ( and Cool! A Primer. ) by @SBSLEducSoltns

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Coworking is a remarkable concept that will enable many additional citizens to pursue their callings in entrepreneurship without the pratfalls of the prior 2 eras, the blue & white collar industrial ages.

 

No longer will the price tag, complexity, or fear of having to sign a multi-year lease, or rent to (eventually) own agreement be a stumbling block to the dream to be in control of your income stream(s); you’re now sharing costs & concurrently joining an entrepreneurial tribe.

 

What is coworking?!

 

This is a superb definition

 

Think it over: We’ve really only had this option for little more than a decade. Running parallel to the astonishing rise of social media & the proliferation of smart devices, co-working grew from humble beginnings.

 

At this point, choosing to become a member of an existing co working space, whether it’s new, or well established, tags you as a late ‘early adopter’ or at the onset of the ‘early majority’ class(es) of business owner/professional.

 

Intrigued to know more?  Please click here.

 

Options for your business’ physical presence

 

All things being equal, there are 4 choices:

 

  • Work from home.  The flexibility of merging personal & professional lives under 1 roof always has appeal. Yet, if you’re a mom-preneur, have other neighborly commitments, or are easily distracted by the mass media, you might want to ask the hard question: will you be productive, or will you be ‘’busy’ ?

 

  • The ‘coffee shop’ = office.  Whether its an independent cafe, Starbucks, or Panera Bread, maybe you arrive early in the AM, order coffee & bagel, set up your notebook/tablet in the far corner near an outlet, & start working; that remains viable for some amongst us.

  • Conventional ‘bricks & mortar’.  Some business models & professions simply must have their own physical space:  Medical office/clinic? Restaurant/bar? Retail, esp. a clothing store?

 

  • And, then, there’s coworking. This article breaks down common options that most any space in your metro area will, or already is, offering.

 

Click to Tweet

 

“We break down walls so that we can breakthrough in our businesses!”

 

— Cynthia Chiam

 

Plusses of Coworking

 

Choose from the 4 above; none are ‘wrong’ – each option will appeal to someone & that someone might be you. However, let’s focus on the benefits of coworking.

 

You quite likely will …

  • Save a significant amount
  • Opt into various perks ( who doesn’t love ‘complimentary’ coffee?!? )
  • Find flexibility ( month to month arrangements are commonplace )
  • Learn how easy it can be to ‘barter’ services &/or products with your community/tribe

 

What if …

 

… co working hasn’t yet come to my area?

Take heart: many visionaries haven’t yet pushed outside the top 25 metros.

As always, there’s a trail of ‘breadcrumbs’ that the profit motive will enable, bringing facilities to your city.

 

One pioneer shares his vision – click here to read a short Q&A w/ him.

 

How Does Co Working fit into the Gig Economy?

 

Jim Collins, in his terrific book, ‘Great by Choice’, taught us to be able to zoom in & zoom out.

 

Let’s zoom out …

 

… & answer this Q.

 

  • 1st, co working is similarly flexible.  Do your research & check as many options as exist in your area; most spaces heartily welcome entrepreneurs who don’t want to sign multi-year deals.
  • 2nd, the Gig economy spotlights project ( ‘gig’ ) based ‘work’; so does a co-working space. You can run this type of business easily & find much joy in the process
  • Next, this economy encourages interdependence, as does the coworking option. Your ‘benefits’ ( insurance, investment vehicle/s ) could very well come in a barter agreement with a sales pro who offers them to solopreneurs & sits right next to you in the space.
  • Last, your ability to be cash flow positive is accelerated; you can keep your prices aligned with your ideal avatars & earn more without having to pay steep lease or rent payments.

Suggested Profiles

 

Using hashtag #coworking as a starting point, I suggest 3 Twitter handles worth a follow:

 

Deskmag

 

kowrkdotcom

 

New Worker Magazine

 

If you happen to be in, or looking to move to, central OH …

… the options are a plenty! Here’s a quick primer on some tip top choices:

 

CoHatch

 

Brickhouse Blue

 

Haven Collective

 

&  Serendipity Labs

 

Fantastic ‘All in 1’ Resources

 

As with any topic, the internet is a treasure trove of goodness, when used for altruistic means.

 

Co-working is no exception to this mantra. Here are a handful:

 

https://www.visualcapitalist.com/visualizing-rise-co-working-spaces/

* the BEST. The infographic on the above from December 2018 is amazing!

 

Top 60 CoWorking Blogs, Websites, & …

 

From coworking spaces to who is …

 

In the Gig Economy, Coworking spaces …

 

In short …

 

  • What exactly is coworking? Let’s explore.
  • 4 options you have for locating your business.
  • The positives of choosing coworking
  • Coworking’s a big trend, yet it’s not everywhere yet. It will be, though. Stay tuned!
  • Coworking & the Gig Economy are ‘fellow travelers’ = deeply interrelated.
  • The Twitterverse, unsurprisingly, has valuable handles worth following

 

Thank YOU for reading!

Trends to Watch in the final 365 days of the Decade by @SBSLEducSoltns

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by SJ Barakony | Featured Contributor

 

2019 awaits. How ready are you & your business for these 13 trends?

 

Can you believe it?! Yes, its true: we’re less than 2 weeks away from another New Years’ Day; so, let’s dedicate a toast to our businesses, our families, & friends!

Not only that … did you notice?  It’s also the last year of the first decade of the ‘new’ century.

 

Where were you on 01 Jan, 2010?

 

Was your business even open?

How did you communicate with your clientele?

Have you rebranded since then?

 

…  That’s NINE years ago, believe that!

 

The Mindset of the Futurist

 

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.”  — Buckminster Fuller

 

#quotestoliveby #futurist 

( Click to Tweet the above )

 

Many thought leaders, chief amongst them the futurists, visionaries, and creative disrupters, know of Fuller. He laid this cornerstone of thought and its now part of his legacy, to be embraced by generations not yet born. It is from this core thesis that we’ll push ahead – unveiling a market basket of trends that your business will be impacted by in some manner in 2019 ( & beyond. )

 

 

A Bakers’ Dozen

 

Laying out 13 that I, as a futurist, am personally invested in tracking; each of these are invigorating and, in the hands of the benevolent & bold, will usher in as yet unknown amounts of potential energy to our nation(s), states/provinces, and localities:

 

Mobile revolution

Smart Cities

Blockchain / Crypto currencies

Gig Economy ( Conceptual Age )

Automation ( AI, Machine Learning, Robots )

Autonomous Vehicles \ Drones

Holistic Wellness ( > sickcare )

Decentralized [ social & news ] media

Self directed education & learning ( schooling & credential seeking )

Communities / tribes

Social enterprises ( modern mutual aid societies )

Principles > politics

Holocracy ( future of ‘work’/places )

 

 

In pursuit of a deeper understanding of the bright future which awaits

 

Even a rudimentary understanding of 1, some, or perhaps all of the 13 trends shared above won’t be embraced at deeper levels of awareness, acceptance, and consciousness without continually reading, listening ( podcasts, audio books ), & watching ( videos, webinars )

 

Two #mustread books in this space are linked below, to further illuminate your path.

I wholeheartedly suggest investing in them as a holiday/Christmas present for yourself & for those whom you hold most dear.

 

A Whole New Mind

The Code of the Extraordinary Mind

 

Suggested Follows out in the ‘Twitter’verse

 

Futurist Rankings by Ross Dawson

Generations Timeline – After the Millennials by Anne Boysen

Gold vs. Cryptos: Invest or divest … Here … from Gerald Celente

4 questions to test your intellectual humility via Daniel Pink

 

 

Don’t Argue, nor Debate

 

Instead, as we see, hear, and experience more & more creative disruption which impacts our professional sphere ( inc. our business’ cashflow, income streams, etc. ), shall we abandon the negativity, time loss, & win/lose (or worse, lose/lose) outcomes from arguing & debating?

I propose an equivalent swap of the above two non futurist, consumerist terms for those that produce & add value:   Discussion & rational discourse.

 

As 2019 dawns, I thoughtfully (channeling one of my many informal mentors, Mr. Dale Carnegie), throw down a challenge:

 

Whether with yourself ( self talk ), your staff, clientele/customers, or a prospect, engage in thought provoking win/win discussion or a structured rational discourse with him/her/them in the next several weeks

 

Word Play: Choices to make to embrace the transformation underway in our workplaces  

 

As we ascend the ladder from unconscious incompetence on up to unconscious competence, let’s fully embrace how exciting each of these trends will be in our ongoing entrepreneurial journeys & resolve to learn new words

Some which are becoming anchored to the past as these 13 futuristic trends continue to evolve, expand, & replicate:  ‘employee’ ; ‘hierarchy’ ; ‘college for all’ ; ‘health care’ ; ‘cash’.

Does this indicate that these (let alone others) will disappear forever? Not necessarily. Yet, the early adopters in our business networks will already grasp the above, and quite a number more will eventually ‘see’ as you have/will!

 

 

Websites, articles, blogs, & organizations: Learn More & Take Action

 

Define. Learn. (then) Do.

We’ve defined a vision for 2019 & beyond. With numerous resources are embedded in the post already, let’s expand your learning zone:, what if you want to self educate even more?!

 

Ever more important, investing time in additional concrete steps to ‘future’ prep your business venture would be wise. I’m applauding you proactively, if you choose to do so!

 

 

Trends Research

Future Frontiers

A-speakers

Mind Valley

 

Future Today

AdWeek.com

Visual Capitalist

Futurism Blogs

 

In short …

 

  • 9 years down, 1 to go in the decade #ThinkItOver
  • Suggested Twitterverse follows
  • A bakers’ dozen trends
  • The futurist rankings & further resources to dig into
  • Don’t argue, debate, or fight the existing; discuss & set time for rational discourse
  • Word swaps:  let’s ‘play’ on a 2020’s field
  • What’s coming is exciting & transformational; fear not!  Embrace. Encourage. Uplift.

 

Thank YOU for reading!

& …

Time = Gold (and … money = silver) by @SBSLEducSoltns

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by SJ Barakony | Featured Contributor

Putting Productivity ahead of Busy-ness in Business

 

“I’m so busy!”

“How are you? How’s business?  Busy!”

 

There are mild variants,  yet, the theme is constant: The individual is … say it with me now …. B-u-s-y.

Since when did our nation’s backbone, entrepreneurs, decide that this status was the end all, be all, in conversation, let alone in practice?

Let’s reframe. First, though, empathy & grace are necessary.

I know: There’s a LOT on your plate;  I’m sure many of these are on your calendar, scribbled on sticky notes, and/or are pop up reminders on your smart device:  Payroll. Review insurance coverage. Talk to the V.A; accountant; and/or financial advisor. Respond to client messages. Etc …

Still, we shouldn’t aspire to busy-ness; when we stop, if merely for a moment & reflect, we realize that as entrepreneurs, we’re solution providers & producers.

Thus, the more we produce, the more pro-ductive we are: it’s productivity which we should strive for, a 1:1 replacement for the ‘busyness’ that is our default answer to so many questions.

Painting a picture to aid in this mindset shift, we revisit the 1st few words …

 

Time = Gold.

 

… and now can move to implement this truth in our business first ( self-leadership ), then, model it for staff + customers, lastly, replicating it to other entrepreneurs in our network.

 

Those who are wise won’t be busy, and those who are too busy can’t be wise.”
― Lin Yutang

Click to Tweet

Lin Yutang #quote

 

 

Precious Metals

 

Gold :  

Time is an irreplaceable asset, just like gold. Gold is finite & very rare: Its value has held firm for thousands of years & once was used regularly in commerce worldwide. Just like there’s always been a 24 hour day, the amount of gold available for mining is constant; fluctuation in the ‘price’ of gold is due to the underlying currencies, just like your productivity ties to how well you lead yourself.

Silver :

Money is a reflection, a flag, which signals how much value you’ve added to the marketplace; your monetized service, product, &/or specialized knowledge is your entrepreneurial bridge b/w problem identified & solution provided. We look to silver now, as its value is also stable, yet it’s more abundant in nature than gold. So, with an abundance mentality x growth mindset, you know you can grow your share of this not fixed pie.

 

 

Two must read books

Without a shred of doubt, I wholeheartedly recommend both. Each has a high ceiling of potential energy which can be tapped to lead to dramatic improvements in your productivity & reduced busy-ness.

 

E-Myth: Revisited

The Fifth Discipline

 

Stephen R. Covey

He passed away over 6 years ago, gone & not forgotten as a pioneer; through his off the charts levels of contribution, we have much to tap into. The 4 quadrants is something to study often, & implement in short order.

 

Covey’s Time Management Matrix, in the written word

Or perhaps you’d learn better from a visual?

 

 

Suggested ‘Twitterverse’ Follows

 

A Helpful Guide to Becoming Unbusy by Joshua Becker

How to Stop Being Busy All the Time from Gus Razzetti

4 Ways to Break Free From Being “Too Busy” penned by Rikki Rogers , culled from The Muse

 

Leverage = Legacy

 

This concept is transformational.  Pulling from the vastness of the internet, here are two marvelous resources. Once you take this small two-step seriously, my advice is to keep going!

 

Kelly Azevedo

Amanda Abella


Systems Thinking?  

 

Its powerful.  In a previous post, you learned all about the power of principled self education.

Here’s a superb opportunity to practice what you read by visiting Donella Meadows ‘s website.

And if you haven’t yet bumped into this infographic, please, I implore you, dive in over the next 24 hours. Your income can become systems driven wealth through active application of this business truism.

 

In my ongoing discovery, I’ve repeatedly shared these maxims with those whom I mentor, in coffee 1:1’s, & elsewhere: Why? They’ve allowed me to run multiple business ventures at the same time, all while making strides towards being productive = gold = time & (more) passive = silver = money.

 

Next steps:

 

 

What can Westminster Abbey teach about implementing this content?!  

 

This inscription, when understood at a deeper level, reflects the ongoing value of lifelong learning.

 

Action Time

 

As with anything you choose to read, listen to, or watch, the truest formula = what you do next, how you proceed, & why?

Reflect, through meditation, prayer, yoga, or in a moment(s) of silence on this post, please, & thank you for reading!

 

In short …

 

  • A producer is productive; a consumer is busy. ‘Busy’ shouldn’t be a status, symbol, or state of being for the wise entrepreneur
  • Time = gold.  Money = silver.  Prioritize your irreplaceable asset;  focus on it and not on money (income, wealth) as #1.
  • Review the links to invest in 2 highly recommended books
  • Covey’s quadrants/matrix is a terrific tool in and by itself
  • Suggested Twitter follows & some of their scholarly tweets. #MustReads
  • Understand systems & leverage in your entrepreneurship education
  • Leadership starts with self

 

The Ultimate Guide To Embracing Life As A Successful Nomad Entrepreneur by @XLConsultingGro

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by Elaine Slatter | Featured Contributor

Nomad Entrepreneur

What Is A Nomad Entrepreneur?

You could say I’m a digital nomad entrepreneur.  I travel almost six months of the year while at the same time working.  Recently I spent time in England, Gran Canaria, Florida, and Cuba.  I can do this because all I need to work successfully is having access to a great internet connection.  Well, that does rule out Cuba, because most places don’t have easy access to free wi-fi yet.  So while I’m in Cuba I am truly electronically disconnected, but I can still look for interesting stories for future projects and therefore am technically working!

In today’s wired world, many companies are allowing employees to work remotely. Entrepreneurs have even more flexibility.  Jobs that previously were anchored in a specific location now have the freedom to move around the world, still serving clients.

From my travel/work experiences, there are some key points to factor in if you would like to try this lifestyle.

1)  Plan Ahead – Country Research

Depending on your citizenship, you may or may not be restricted to working in your country of choice. For example, as a Canadian citizen, I am not allowed to work in the UK and can only visit for six months. As a digital worker, with a business registered in Canada, I’m ok, but if I was a fashion designer and wanted to open a pop-up shop in the UK, for example, that would not be ok.  If you were born in the UK as I was, you could re-apply for a British passport and then you would be able to work. In Gran Canaria (a Spanish entity) there was no such restriction.

Some countries, such as France, require you to register for a ‘titre de séjour’ for an extended stay if you are not an EU resident.    Summing up, expat rules are different for each country, therefore it is important to check these out first.

2)  Taking Care of Your Health

Nothing is worse than being sick abroad.  It could be a simple problem due to dietary changes or a more complex situation requiring a hospital stay.  No matter what the situation, having the right plan to help you while traveling is critical.  You don’t want to be facing a mountain of bills because don’t have the right health coverage.

3)  Financial Security

Will your business run uninterrupted while you work in a different country?  Will your cash flow be continuous and can you access your cash whenever you need it?  Taking care of your banking as efficiently as possible is another key factor in living abroad.  Exchange rates can be a killer if you are receiving funds in your home country but living in a country where the exchange rate is not in your favour.

4)  Cultural Adaptability & Having Fun

Living abroad isn’t always the utopia as advertised, especially if you haven’t had much travel experience. Before you make the decision to travel to a foreign country and commit for a long-term stay, why not do a sample trip to see if this lifestyle is for you.

Companies such as Venture With Impact specialize in setting up work/travel arrangements where you can also make an impact by helping the local community.  These one month stays in either Colombia, Mexico, Thailand or Portugal can be a lot of fun, because the research has been done for you.  To learn more about this, check out our podcast with founder Ann Davis.

For fitting into your new home, expat culture expert, Rachel Smets, specializes in training individuals and teams on how to fit in culturally abroad.  Check out her advice here.

5)  Permanent Move

After a trial run experiencing different countries or even different parts of your own country, you may decide to make a permanent move.  Now it’s important to do a more in-depth study of your new location, especially if it involves more than just you. Up front, research can save you a whole bunch of heartache down the road because making the wrong move could be very expensive and hard to reverse.  Relocation expert, Margaret Vandergriff, gives 6 great tips on how to relocate successfully.

If you are still in the planning stages of changing your life to move from your home to become a nomad entrepreneur, you can still do lots of online research to find the perfect location.  Travel magazines such as Wanderlust have many articles for you to explore travel life.

A website such as  Expat Focus gives detailed information on different countries that are very useful for expats to consider before they move.

Living in different countries or exploring new parts of your own country is exciting.  You can become a nomad entrepreneur if you are open to new experiences.  Travel can be addictive.  There are so many places in the world to explore and travel is the best education and experience in the world on so many levels.

nomad entrepreneur sitting at a cafeWhat is my favourite thing to do on my adventures?  Try new coffee shops!  Coffee shops are often the hangouts for fellow nomad entrepreneurs.  Sipping a coffee and having a treat while chatting with someone from another country is the highlight of my day.

Why not embrace change and explore new cultures as a nomad entrepreneur it will change your life forever!

If you are already a nomad entrepreneur, tell us about your travel experiences.  We would love to know how you navigated a successful transition to become a nomad entrepreneur.

Soft Skills aren’t ‘Soft’ by @SBSLEducSoltns

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by SJ Barakony | Featured Contributor

“Culture Eats Strategy for Breakfast” … and …. soft skills are the breakfast of  winners!

 

Did that subtitled quote ( thank YOU to the late Peter Drucker ) catch your eye?!

Good!

(It was meant to do just that, dear readers.)

 

We now dive into a deep pool …

In truth, an entire online library could conceivably be dedicated to nothing but them!

Thought leaders all across the globe, including many in your LinkedIn network, have spoken of their past experiences, spun stories, & shared wisdom nuggets through books, webinars, podcasts, & even created whole curricula focusing on these immensely valuable skills.

So, we’re just skimming the surface: Becoming self educated, role modeling a better ‘You, Inc.’ to your staff, clientele, & fellow entrepreneurs & revisiting your business culture would each be forward thinking outcomes.

 

Foundational Definitions

 

Soft Skills :  

Please click here , here , & here.

You might already be asking …  Are these the same as people … interpersonal … or life skills?      Yes.

 

Culture :

Excellent articles

1 … 2 … & … 3

 

 

Let’s now briefly discuss the inexorable connection between culture & soft skills in your business(es).

 

Are soft skills a necessary part of a vibrant entrepreneurial [workplace], culture?

 

A great number of signs point to a clear, resounding ‘yes’, since these skills are so often not taught in classrooms in all ‘tracks’ ( K-12, up to & including graduate level studies )

An entrepreneur is likely to become a magnet to others if she offers them as part of ongoing professional development for her staff, regardless of industry. If you’re dealing with confounding challenges that coaching or some other service pro hasn’t yet solved, or, maybe you just seek to expand, laser focus here;  you are onto something BIG.

 

What do others say?

 

Here’s a post well worth reading …

 

And this author comes to a like conclusion.

 

A personal story & opportunity to serve

 

My own entrepreneurial journey wouldn’t be nearly as rich without the visceral impact of these skills on my own ventures.

 

Through the fall of last year, I had the high honor of being a member of a nationwide committee

And, for that same organization, I was asked to be a co-panelist on this webinar.

 

If you’re offered anything similar, what’s commonly known as an influencer, as I was, please, I implore you: take it!

 

Our discourse at networking events, in business dealings with peers, levels of customer service, engagement & satisfaction amongst your staff, decreased turnover:

I truly believe all would benefit positively.

 

A Sampling of @Twitter Thoughts [from across the ‘Twitterverse’]

 

Future Learn

Vala Afshar

Scott Hartley

 

What soft skills should I focus on to improve my business’ culture?   

 

The answers will vary considerably from venture to venture, industry to industry. After all, this field is not barren; it is richly blossoming in content of all kinds which you can surely beta test, or go all in & fully invest your development dollars from the get-go.

 

 

Should I hire, fire, outsource, and/or promote with these skills as the key determinant?

 

Yes.

You can always get someone up to speed on ‘harder’ (read: technical) skills if you have an individual who understands how to prioritize ( time management ); whom has a good attitude;  who can work on any team and contribute; who knows how to resolve a conflict; and whom can build her leadership abilities through influence, vision, & service rather than expecting others to follow a title, or positional authority.

 

What’s the best way to deliver them?    

 

This, too, is flexible.

In a hyper competitive industry (e.g., real estate, insurance, financial services, banking), encouraging your staff, & leaving room in your own day for lifelong learning would be smart. Many of these professions already require ‘CE’ , however, incentivizing ongoing development of soft skills through ‘comp time’, bonuses, etc., will offer you a clear edge. Everyone else is aware of the former, while you also recognize the latter = difference maker.

Finding ways to collaborate with a services professional who offers group facilitation, mentorship, business coaching, or a consultant with focused training program would be a clear win:win.

 

Next steps:

Take action!  The Gig (Sharing/P2P) Economy moves infinitely faster than its predecessor eras. And, expecting that the conventional schooling institutions will begin to offer these skills so you won’t have to invest wouldn’t be advisable.

 

Learn more. If this post & the related links doesn’t yet convince you of their importance, attend a conference, lunch & learn, register for a webinar, or listen to a podcast that discusses professional development.

 

In short …

 

  • Soft skills should be taken very seriously
  • Culture is a foundational necessity.
  • If offered an opportunity to spread the word about soft skills, accept it with a smile
  • Fundamental challenges ( i.e., turnover, satisfaction, engagement ) can be solved at the root
  • Reconsider your standards for hiring, firing, and promoting staff.
  • Delivering soft skills into your culture can be done in numerous ways
  • Don’t stand still

 

________

Thank YOU for reading!

Principled and Phenomenal Self Directed Education: Podcasts by @SBSLEducSoltns

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by SJ Barakony | Featured Contributor

The ‘Why, Whom, How, When, & Where’ of Listening to Podcasts

Podcasting is a phenomenal medium for entrepreneurs in so many ways that it stood out to me as an ideal ‘sequel’ post to last month’s focus on self directed education.

Over a decade ago, as the entrepreneurial, “E” pathway in America quietly criss-crossed with the “C” pathway ( Corporate ), thereby becoming more viable & available to the masses than it had been since the latter decades in the 19th century; in parallel, many new educational options emerged to enable us to constantly learn outside of a classroom’s credentialized learning environment:

  • Webinars
  • Networking & business development combined [ e.g., H7 Network ]
  • audio books [ Audible & others ]
  • Seminars [ usually in person ]
  • Blogging
  • Podcasting
  • E-books

We’ve become more blessed than ever before, since its crucially important to be constantly feeding yourself the very best ‘brain‘ food as you pursue your dreams, turn those ideas into actionable strategies, goals, & plans, and, of course, serve your clients/customers thereby solving their problems, challenges, roadblocks, & pain points.

Mr. Chris Hewitt spoke of “‘The 4 P’s of Podcasting’ : Permission; Personality; Passion; Profit.”

[ ClicktoTweet this; it’s catchy!: https://ctt.ac/dSJUe ]

Here’s the fantastic article from the spring of 2018 which discusses these 4 P’s in far greater detail:  How to Turn your Idea into an Audio Hit – it’s well worth reading.

Why should I listen to podcasts?

Building further on the foundation of those P’s , podcasts are:

 

  • Highly portable’ via any smart device that huge majorities of us carry everywhere.
  • Their content “seeps in” easier during more ‘mindless’ activities, like many household chores.
  • They’re easier to adopt and grow a lifelong learning mindset than sitting down to read.
  • A majority of hosts & their created/curated content is NOT taught in conventional schooling courses/curricula.

 

Where & When to listen?

From my own story, I encourage everyone to listen anywhere & anytime they possibly can; you might be surprised at the opportunities in ‘cracks’ of time that you’ve not thought of!

 

  • Grocery shopping & other errands
  • While driving
  • During solo meals
  • Household chores as a positive add-on ; replace mind numbing television with a podcast episode or three.
  • Working out

 

How might I listen?   I’m so ‘busy’ !?

 

That’s one of the oldest mantras you’ll hear, and likely have used many times; let’s toss it aside, since we all have had the exact same number of seconds, minutes, & hours in our days since the beginning of time.

Trust me in this:  If you bucket your day into what we might call ‘time investments‘; ‘time expenditures‘; and ‘time wasters‘, you’ll be able to find and/or create the time to answer this to your own satisfaction.

 

Whom should I listen to?  

The number of options are mind blowing!

 

  • Over 550,000 active shows
  • 18.5+ million episodes
  • 100+ languages

Source & all credit to:   https://www.podcastinsights.com/podcast-statistics/

 

Whom?  Part 2 : Top 10(+1) List

 

With that many options, it’s beyond clear that this post is only scratching the tiniest portion of the surface of what’s available.

Yet, I’m confident that each of these are well worth your time investment; please either listen to an episode from the below sample &/or subscribe right away. I heartily welcome your feedback, both on this post and/or through my social channels, after you’ve done so.

 

 

The Rich Dad Radio Show w/ Robert Kiyosaki

  • Jan 31 (2018) : Blockchain will Change Everything in Business ; July 4 (2018) : Find out How Financial Education Sets You Free

How I Built This w/ Guy Raz

  • June 25 (2018) : Lyft: John Zimmer ; March 26 (2018) : Atari & Chuck E. Cheese’s: Nolan Bushnell

Igniting Souls w/ Kary Oberbrunner

  • July 27 (2018) : Why podcasts grow your … (Jeff Brown interview) ; August 3 (2018) : Why your freedom, finances, & fulfillment … ( David Branderhorst interview )

The Go Giver w/ Bob Burg

  • 120 : My New Favorite Story ; 086 : Business is for Kids – JJ Ramberg

Entre Leadership

  • 267: Gary Kelly – Leading Through Tragedy ; 262 : Daymond John – Rise & Grind

Isaac Moorehouse

  • 138 : Bryan Caplan on The Case Against Education ; 128 : Robert Murphy on Austrian Business Cycle Theory

Success to Significance hosted by Rick Coplin **

  • StS035: How to be an Extraordinary, Life Centered Mentor ; StS001: Get Out Before They Carry You Out

** the podcast is on hiatus & will resume with season II

School Sucks

  • 567: Noah Tetzner – The Unschooler Podcast Star ; 550-51 : Blake Boles – What It Means to Be Educated

Our Modern Heritage

  • 023: The Importance of Soft Skills to Prepare for the Future ; 035: Kirstynn Evans – Starting a Business with Your Child

Conversations on Communications w/ Joel Kessel

  • 033: Let’s Not Lose Sight of Basic Fundamentals ; 028 : The Most Damaging Thing to a Child

Columbus Entrepreneurs

  • 026: Claire Coder of Aunt Flow ; 006: David Butcher , FlyBy Entrepreneurship

 

In short …

  • There are so many ways to be self educated; create & expand your lifelong learning culture & related habits.
  • Know of the 4 P’s to podcasting.
  • The answers to the Why, When, & Where Q’s are more valuable than How.
  • Feel welcome to start, or grow, your podcasting habit by listening in to any of the ten/10 recommended hosts & sample episodes above.

________

Thank YOU for reading!

If You Want To Start A Business, First Test Your Product Ideas, Markets and Price. by @XLConsultingGro

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Test Your Product Ideas

by Elaine Slatter | Featured Contributor

You have great product ideas for starting a business, but how do you know if your target customers want what you are selling?  If you want to seriously start a business, then the first step is to identify your target market and test your product ideas and pricing.

Identifying Your Target Market

Your target market isn’t everyone in the world, even if you have a general everyday product idea such as natural deodorant and organic skin care items.  Yes, men and women might both be able to use this product, but realistically narrow down your market to include the most likely buyers and the best age group for buying your product.  In this particular case, your target market might make up the age group of 25-55 and mostly women.

What is your channel of distribution?

You can choose multiple channels of distribution or just one type of channel.  In the case of organic skincare items, there are a variety of channels that can be chosen.

  1. Direct to consumer (via own online shopping website or via Amazon and Etsy)
  2. Wholesale (to shops, distributors, and wholesalers)

If you are choosing both direct and wholesale channels, your retail pricing must include the wholesale markup as the retail price is the end user pricing that both you and the wholesaler will use.  You obviously make more profit when you sell direct to consumer, but the wholesale channel often has the traffic that will afford you quantity sales but at a lower profit.

Test Your Product Ideas

Before you spend a lot of money on product development, take a small sample of products and test them in your market channels.

What kind of questions should you ask?  Don’t forget you are asking questions to get feedback only.  So it’s just as important to listen to the negative feedback as the positive feedback.  Here are nine suggested questions.

  1. What do you like about this product and why?
  2. What don’t you like about this product and why?
  3. Would the benefits of this products be of interest to you or your customers?
  4. What do you think of the price of this product?
  5. Do you purchase/sell products like this on a regular basis?
  6. What time of year to your stock/buy this kind of product?
  7. Is the packaging and branding appealing?
  8. Is the pricing right?
  9. On a score of 1 to 10 (1= low, 10=high), how likely are you to purchase this type of product?

Once you have tabulated the results of your product testing you will know what areas you need to adjust BEFORE you go to market.  Plus, you will know from the feedback you receive what benefits to amplify when you are marketing your products.

Tricks For Testing Product Ideas

Amazon is a great marketplace to find similar products and check out the popularity of items.  Pinterest boards are another great way to test products.  The number of pins is an indication of how many people are interested.  Sometimes you can get ideas from watching the pitches on TV shows such as Dragons Den or Shark Tank.

Unique Selling Proposition (USP)

Whatever product you are thinking of taking to market, your version must have a unique selling proposition. All that means is a different twist on your products that will appeal to your target buyers, some unique feature that makes them stand out from the competitive product.  This can be something as simple as the color array, multi-use, lightweight, or convenient for solving a nagging problem.

Keep your eyes open, something will pop into your head to start a business.  But be prepared to test your product ideas before you spend tons of money on product development, only to find out your target market doesn’t want your products!

What kind of product testing have you done before you launched your business?

It’s ‘Back to School’ … Self-Education never went, or goes, on Vacation by @SBSLEducSoltns

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by SJ Barakony | Featured Contributor

Why your education always should be in a ‘state of beta’

From coast to coast, and border to border, parents & students across America have been singing a familiar refrain:

What’s that, you ask?

Back to school season!

The mompreneurs amongst us, family businesses who hire their children, and businesses, online & off, which cater to this century plus old tradition are a-buzz; credit card terminals are working overtime, banks & credit unions are aflutter, & certain aisles at your favorite stores are packed with humanity!

Yet, we need to put up a BIG stop sign.

Why?!

Because, education never went, or goes, on vacation, and is ALWAYS in season. [ ClicktoTweet this : https://ctt.ac/86sc7 ]

Are education & school the same, or are they, in fact, different?   

Different.

History & etymology show us:

School’s definition

Education’s is clearly not the same:  Click here to see.

Are education & entrepreneurship inseparable?  How, if at all, does school fit in?

I put forth that they are. And, perhaps.

When you are running a business of any size, in any industry, and with any amount of experience, you should be constantly educating yourself. No one owner or founder knows anywhere close to what she needs at any given time. The world of entrepreneurship is not nearly as risky as it once was ( the internet’s ‘leveling effect’ deeply disrupted this old paradigm ), yet you’ll not prosper if you operate your business like an employee, or as a consumer.

Does education need to take place in a classroom?

No.

Again, the internet’s massive scale, & breadth is the answer to the ‘why?’ question that might be on your lips.

While discussions & rational discourse have, are, and will continue in the future on this subjective topic, this blog takes the position that these two ‘E”s are tightly intertwined, therefore, the requirement for school’s classrooms, and the credentials they offer, isn’t necessary.

What if I’ve taken a vacation from education?    

That’s not a dis qualifier; you may rest easy.

MANY citizens have, and a great deal of them didn’t know any better; they fell into their familiar zones, a metaphysical stage that led them to cling to nostalgia, conventional ‘wisdom’, and assumptions that no longer hold true.

The vacation(s), you have taken, or are presently on should now come to an end. And, you’ll want, and truly should, become a student again. This time, a lifelong one.

Pursue information that, with discernment and application over time, undergoes a metamorphosis into knowledge. Your business’ clients/customers, staff ( if any ), and your own future self will thank you.

What kind of question(s) should I ask about my self-education?  

Start with these, once you’ve returned from vacation:

  1. Do I have a ‘line item’ in my budget for investment ( it’s NOT spending, or an expense. ) ?

  2. Whether ‘yes’ , or ‘no’, to #1, how much $ should I put aside?

  3. What resources are out there?

  4. When & where can I access them?

  5. How can I measure progress?

Be the example ( *whether you have staff, or if you’re a solo-preneur )

There’s really no difference.

If you’re on your own, a case can be made that your self education is even more valuable, that is, unless you have a volunteer ‘board’ of advisors/mentors to lean on.

Yet, if you already delegate to others, wish to replicate yourself in someone else  ( ‘replacement driven’ leadership – click HERE ), and/or are in the process of systematizing your business **, you should always expect more of yourself; diving in deeply to the education(al) “pool” will inspire those whom you want to lead to follow you, voluntarily & with a spring in their step.

( ** unclear what this means?  Here’s a great starting point. )

Should I be requiring school(‘ing’)?  

You’ve arrived! Your profits are growing, your cash flow is strong; expansion of your physical space is afoot; more product is shipping than ever before; And, you need more staff to keep up: Yesterday. Now.

Let’s be clear:  Putting a ‘credentialized collar’ on this process, in the modern (circa 2006) ‘Conceptual Age’ is a big step backwards in time to a past era.

Listen & watch for signs of those whom are self educated & have come home from their vacation(s).

You’ll recognize them:   When you interview, review their application , or ask questions at an event, they’ll excitedly talk about …

 

… Books that they love & have, or are, read(ing).

….. Networking events that they’ve attended, or are a part of.

……. Podcasts that they listen to, or about their Audible subscription.

………. The speaker whom they heard live, on a webinar, or via YouTube/Vimeo.

 

Seek out these people: They are your difference makers!

In short …

Education & school are unique concepts.

A great many of us in business were, or are still  are, on vacation from education.

Entrepreneurship & education are inter-linked.

Self leadership & self education are very similar.

Bring on those who are educating themselves & don’t require credentials as you grow & prosper in your business ventures.

________

Thank YOU for reading!

Do I Have What It Takes To Be An Entrepreneur? By @JamieCheng

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Do I Have What It Takes To Be An Entrepreneur?

“Fear leads to self-doubt which is the worst enemy of creativity.”

David Ogilvy

 

Has the thought of “am I truly made for this entrepreneurial journey” ever visited your mind?

 

Or maybe, you’re like me — you’re more optimistic, and your gut assures you that things will turn out well in the end.

 

You just know it. But…

 

Somehow, things seem to go awry… People whom you trusted to find support from, say things that snuff out your already flickering flame. Inside, you feel like you’ve been stabbed with their words that were blunt enough to cut like a sharp knife.

 

stressed face of a women

 

But here you are, my fellow survivor.

 

“What doesn’t kill us makes us stronger.”

Friedrich Nietzsche (not Kanye West)

 

This piece is written with my heart in my hands. If you’re reading this, I promise that you this will change the trajectory that you’re heading for the better.

 

I’m just like you — you’d give up safety for adventure; you’d take risks for things that you see potential in. No matter what phase of an entrepreneur’s journey you’re at right now… Just keep on keeping on. And if need be, take a step back. Trust me, that step could be the very thing you had to do to propel you 10 steps forward.

 

Do you have what it takes to be an entrepreneur?

 

Listed below are 3 golden keys that successful WOMEN have.

 

1. Being Optimistic

Be Optimistic

Being optimistic might seem “ignorant” or “delusional” to a realist. But studies have shown that optimism is an essential trait to find success. What you believe in, or let yourself believe becomes a self-fulfilling prophecy.

 

Hoping to get a confidence boost? Try being a little more optimistic.

 

Sometimes you really just got to let go and jump into the deep.

 

You planned it all out, you’ve done your due diligence and researched what you could… You’re ready to take action!

 

At this moment, I guarantee you that flashes of what’s on the line, doubts on whether it’ll work or not, and a hundred more “what-ifs” are coming. But, just give yourself a second to be a child and let go of all the things that can’t be controlled.

 

2. Being Persistent

be persistent

As much as stepping the path less traveled forces you to grow exponentially, and learn things through painful and unforgettable trial-and-errors, remember to still have faith like a child.

 

“Success consists of going from failure to failure without the loss of enthusiasm.”

Winston Churchill

 

Know that the lows of life or business are never forever as long as there’s action being taken. Life is that b*tch who is indifferent to how badly hurt you’re going to get from what she throws at you. You have to get up!

 

What does getting back up means?

 

It means having control over your emotions and reminding yourself to establish a growth mindset.

 

NEWS FLASH! Successful women do feel sad, get angry, and probably got lost more times than you and I have. No matter, they still find this drive to just try one more time. They let themselves learn from mistakes and failures instead of staying down on the ground, therefore they have this substance and grit that we all admire.

 

These successful women were persistent.

 

3. Being Confident

Being Confident

You know how we, as ladies, would appreciate a second opinion on whether our shoes match the outfit we’re wearing. Or if this particular top makes us look fat.

 

80% of the time as an entrepreneur, you’re not going to have this privilege. It is not the easiest thing to find someone who truly understands, or who is able to elevate you. Finding assurance within yourself is the key to being confident.

 

If you find that confidence is one thing that you’d like to get better at, I’ve got good news for you! It can be practiced. You don’t have to be naturally confident to be a confident person…

 

Confidence can be practiced.

 

Here are 3 confidence-boosting habits I make myself do:

 

#1: Talk to Yourself Aloud

Talk To Your Self Aloud - Self-talk

A form of introspection… When you become more self-aware and when you focus on your strengths, you’ll become someone whom you never thought you could be (in a good way).

Use a mirror, a spoon, or take a video recording of yourself. Speak out loud what’s troubling you and then, lay out the solutions you think could work. Choose your action plan and tell yourself what you’d tell someone else who’s facing the same situation as you.

Practicing speaking out loud in confidence solidifies positive thinking about yourself.

 

#2: Present to Others Like You Know What You’re Doing

Present to Others Like You Know What You're Doing

People trust confidence. It’s a given.

When you practice talking to your family, friends, or prospects, you’ll only get better and more comfortable at it. Whatever doubts that you have in mind, understand that only you are aware of it.

You don’t have to know everything, you just need to know what’s needed (for now).

Start presenting like you know what you’re doing.

 

#3: Let Your Yes be Yes and No be No

Aim to not be so easily swayed by someone else’s opinion. It might be from someone close and important to you, however, confidence comes from liberation from these fragments of several people’s opinions.

Ultimately, it comes back to what you think and what you’re going to do about it.

 

Do you have what it takes to be an entrepreneur?

With these 3 golden keys, as well as the 3 habits to grow your confidence…

I’ll give you my vote — I say yes, you do!

 

To be insanely honest, strategies that you’re seeking to find success are useless until you’ve mustered enough courage to JUST TRY.