Acceler8Success Cafe Friday 5.10.19

Which Came First – Leadership or Entrepreneurship?

I engaged this weekend and walked away considering every entrepreneur I know is a pioneer, and I discover their success and a correlation between every entrepreneur’s leadership skills. So, which comes first? Do you have to be a pioneer before you can be an entrepreneur? Or will you become an entrepreneur and also learn? Read more.

How an MBA in Entrepreneurship Can Make You a Future Leader

Almost, if not every, English language dictionary defines an entrepreneur as a person who sets up a business at their own risk, with the view of making a profit. Definitions have a tendency to highlight the cold logic of a word, rather than capture its essence – casting aside the drive, the passion, the epiphanies, the solution-finding and the ‘dreaming it big’ elements, which lie at the heart of the most entrepreneurial spirit. Moreover, not every entrepreneur is necessarily seeking profit; however, what is essential to the definition of an entrepreneur, is the risk taken to achieve his or her ambition. Read more.

Can “Not-So-Rich” Kids Become Unicorn Entrepreneurs?

Along with the problem of rich parents buying their kids’ way into universities of their choice, do we also have a problem with business schools focusing on entrepreneurship education that is targeted to rich kids, rich schools, and venture capital? What’s common among Richard Schulze (Best Buy), Richard Burke (UnitedHealthcare), Glen Taylor (Taylor Corporation), Earl Bakken (Medtronic), and Bob Kierlin (Fastenal)? They are all Minnesotans (Burke moved from Georgia to Minnesota). They built unicorns from startup. They were not born rich. They saw entrepreneurship as opportunity, not risk. Read more.

Drink Up: Millennials Spend More on Craft Beer Than Any Other Generation

new survey conducted by C+R research found beer drinkers spend an average of $59 per month on craft beer, with Millennials leading the spending pack due to their obsession with craft beer. Millennials spend an additional $5 per month because more than half said they prefer having at least one craft beer per week. 43% of Millennials said they visit a brewery or brewpub at least once a month. Read more.

How To Know If Franchising Is Right For You

Franchises don’t come in a “one size fits all” model. The same applies to franchisees, the people who run these businesses. Some people fit well in the franchisee role – others, not so much. You should have a particular set of characteristics if you want to be a successful franchisee. You may survive without them, but the process will be painful. Before diving into the role or a franchisee, vet yourself to make sure you’re the right fit for this business model. Read more.

Evolving Attitudes, Laws Dissolving Risks on Mainstream CBD, Hemp Ventures, Experts Say

Projected to be a $32 billion a year industry by 2022, according to a research report published by CB Insights, CBD and hemp could revolutionize the relationship between agriculture and entrepreneurship, added James DeWitt — an Olathe hemp grower and co-founder of United American Hemp. Read more.

It’s Never Too Late: Entrepreneurship Has No Age

While it’s always good to start early, a study suggests that businesses are more likely to succeed as their founders’ age increase up until about age 40. From Gordon Bowker, who founded Starbucks when he was over 50, to Vera Wang, the editor at Vogue who decided to be a famous fashion designer at the age of 40, success cannot be determined by age. It has been observed that older entrepreneurs are more adept at building resilient businesses, which is especially crucial during times of modest economic growth. Read more.

How Franchising Helps Women Achieve a Better Work/Life Balance

As seen in the recent post, ‘Women in Business: Is Franchising in Your Future?’, the number of female business owners is growing in terms of sheer numbers and the rate of ownership growth. Many of those business owners are women, attracted to the name recognition, support and networking that franchising offers. Read more.

Leadership Lessons From Top Entrepreneurs Of The World

Every businessman has a phase where inspiration and motivation is required from greatest leaders who ruled the field with their poise, decision-making skills, and optimism. These leaders proved their mettle via conformist or a non-conformist path with their amazing balance of thought. They also proved that for a successful businessman to make it big, there is no need to be born with a silver spoon or the path needn’t be challenge free. Some of the greatest businessmen had no mentors or formal education but still, they made a mark in the field. Read more.

Benetrends FinancialSpadea Lignana & Retail Solutions

Acceler8Success Cafe Tuesday 5.7.19

Why Entrepreneurs Cannot Afford to Ignore their Mental Health

Entrepreneurship is an exciting, celebrated & sought-after profession. More than being a profession, its a passion of individuals who really want to change the world through their services, products, ideas and make a lasting impact.

But with this bright side that is visible to all, including the people who embark this journey, entrepreneurship almost always has a painful, dark side to it that no one talks openly about, that a person entering this world is unaware of or grossly underestimates.

Before the riches, the celebration, the media coverage, the frenzy comes in, an entrepreneur has to struggle with daily failures, lack of resources for survival, family and friend’s pressure, social isolation due to lack of time, at the personal level.

And on professional side, an uphill task of convincing people to work for them & to join their vision and continue with it even when adversities hit in, an even tougher task to win customers who haven’t ever heard of you, to keep them happy and keep multiplying their growth while also getting access to capital without which any big idea can fail. Along with this is the onslaught of competition with newer technology, more money or any combination that could put an entrepreneur’s vision at severe risk. The breakneck speed at which all of this happens, these changes in an individual’s life who once was thrilled with his/her new idea, can throw an individual off balance and make a person susceptible to a host of emotional and mental health issues. Read more.

Four Things No One Tells You About Being An Entrepreneur

Immigrant Entrepreneurs Prove It Doesn’t Matter Where You Were Born

Calling All Women Founders: Participate in Inc.’s 2019 Female Entrepreneurship Survey

CEO Q&A: What Advice Can You Provide to CEO Wannabes?

What the Economy Means for Quick Service Brands

Restaurants Get Creative to Hire in a Tight Labor Market

How Franchising Helps Women Achieve a Better Work/Life Balance

As a female franchise owner, is work/life balance possible? Are the competing demands of business and family too vast to realistically expect there to be a way to maintain control of both?

Surprisingly, many women franchisees say it is the move into franchising that has allowed them to find and maintain the sought-after work/life balance most of us aspire to. Read more.

How Much Will You Need to Fund a Franchise Purchase?

5 Essential Steps for Women Who Want to Become Entrepreneurs

What Happens When Entrepreneurs Go On Vacation—and a Crisis Hits

Benetrends FinancialSpadea Lignana & Retail Solutions

Acceler8Success Cafe Friday 5.3.19

A Homegrown Economy Starts With Entrepreneurs

Recognizing the economic and cultural benefits entrepreneurs bring to their hometowns, mayors and other local leaders are looking for practical ways to attract and retain more of these economic heroes. Rather than luring businesses from the outside through costly incentives such as tax breaks and calling it growth, more mayors and their communities are now looking within.

“Growing your own [economy] through investing in entrepreneurs is an economic development imperative for mayors and their cities,” said Betsy Hodges, former mayor of Minneapolis. “Entrepreneurs grow the cities they live in. The money stays in their community. They hire local. This leads to an upward spiral of success for the city.” Read more.

5 Most Common Accounting Mistakes First-Time Entrepreneurs Make

Life After Crickets: Why Exo’s Cofounders Have Become ‘Cereal’ Entrepreneurs

3 Questions You Need To Ask Yourself When Considering Becoming An Entrepreneur

Create Your Own Wealth, a Collection of 2-Minute Topics on Franchising

Returning as a guest to Franchising & You is Holly A Ford, Entrepreneur, Executive Franchise Broker, Radio Host and Author. Fresh on the heels of the recent publication of her best-selling book, Create Your Own Wealth, a Collection of 2-Minute Topics on Franchising, Holly shares her goals and objectives around the book’s development along with the motivating factors that led her to ‘putting her thoughts down on paper.’

The book’s Table of Contents is like no other with riveting chapters including, World Domination – Creating Wealth through Franchise Expansion, We are the World – The Social Entrepreneur, and Diamond in the Rough – Why Invest in an Unprofitable Business.

Franchising & You airs every Saturday at 9:30 AM EDT / 8:30 AM CDT with each segment available on-demand. Listen here.

Order the book on Amazon today!

The Psychological Price Of Entrepreneurship

Why Every Entrepreneur Needs to Know About the ‘Alter Ego Effect’

Strapped for Cash? Three Modern Ways To Take Out A Small Business Loan.

Moving from a Corporate Job to Entrepreneurship? You Have More Advantages Than You Think

The corporate world can be a comfortable place with its steady income and predictability. But after many years in a corporate job, you may begin to feel stifled. After all, you need to work within set hours, may desire more work/life balance and higher income potential. You might have new ideas, but no support to implement them. And do you want to be your own boss? If these sentiments resonate with you, a corporate job to entrepreneurship may be your next career transition.

However, leaving a corporate job to start your own business is a major step and you may be wondering if you have what it takes. At BirthdayPak, we have found that the skills and experiences our franchise owners acquired from their corporate days have positioned them for success as an entrepreneur. Here’s why you have more transferrable skills and advantages than you think, and they can benefit you as a business owner too. Read more.

Benetrends FinancialSpadea Lignana & Retail Solutions