Entrepreneurship Archives

Girls, Stop Apologizing and Stand Your Ground

Why does Rachel Hollis say that women need to stop apologizing so much? In what ways do women often allow others to convince them to quit? The people around you won’t always be supportive of your dreams—that’s a fact of life. But if you let their negativity bring you down or allow it to derail your goals, then you’re essentially apologizing to them by quitting. Rather than back down, Hollis says, you should stand your ground. Here is Hollis’s advice for unapologetically chasing your dreams.

The 3 Most Important Skills for Life to Acquire

What are the three most important skills to acquire if you aim to start your own business? How does Hollis’s advice match up to the advice from other experts in the field? In her book Girl, Stop Apologizing, Rachel Hollis says that some of the most important skills you should practice are persistence, positivity, and leadership. Those three skills will help you develop your goals, stick with them even when times get tough, and lead your team when it starts to grow. Continue reading to learn more about the three skills.

John Kotter: Sustain Acceleration to Cement Change

What does Kotter mean by “sustain acceleration”? Why don’t changes tend to sustain themselves? Step 7 of John Kotter’s 8-step change model is to sustain acceleration. Kotter says that you must continue to build upon your changes, otherwise, employees will fall into their old ways of doing things. In his book Leading Change, Kotter provides some actionables and tips on how to do this. Continue below for an explanation of step 7 of the change model.

Intermediate Goals: Milestones of Success

Do you set intermediate goals as benchmarks toward your major goals? What difference can they make? In Scaling Up, Verne Harnish argues that setting and reaching intermediate goals contributes to team buy-in and the ultimate achievement of your vision. They also give you a chance to learn what’s working and what isn’t. Read more to learn about intermediate goals.

What to Do If You Feel Like Giving Up on Your Dreams

What do successful people do when they feel like giving up? How can we re-inspire ourselves when pushing forward just feels like too much or worse—pointless? To achieve success, we must resist the urge to give up and our inclination towards losing faith. One way to keep pushing forward when you feel like giving up on your dreams is to amp up your levels of the neurotransmitter dopamine. Here is what to do when you feel like giving up.

Scale Your Business: 4 Strategies to Stimulate Growth

What strategies can help you successfully scale your business? What practical actions can you take to keep your organization growing? Scaling Up’s Verne Harnish offers four strategies for scaling your business. He discusses how to form a strategic thinking group, adapt to changing circumstances, evolve the structure, and move beyond the founder. Read more to learn these strategy tips to successfully scale your business.

Building an Effective Team: 3 Tactics for Success

What are the keys to building an effective team? How should you approach new hires and current team members? An all-star team is crucial to successfully grow your business. In Scaling Up, Verne Harnish offers three tactics for building an effective team—two for new hires and one for current employees. Read more to learn how to build an effective team.

Charlie Munger’s Biography: His Path to Investing

What does Charlie Munger’s biography tell us about his relationship with Warren Buffet? Why did he join Berkshire Hathaway? Charlie Munger’s biography shows that he met Warren Buffett when they were working together in Buffett’s grandfather’s store as kids, and reunited when Charlie returned to Omaha after the death of his father. He joined Berkshire Hathaway when Buffett convinced him that investing is a better fit for his talents than law. Read on to discover the important details from Charlie Munger’s biography.

Who Not How Book Advice: Invest in Personnel

What does the book Who Not How say about investing in personnel? How can spending money to hire more employees benefit you? In their book Who Not How, Sullivan and Hardy give four reasons why you should hire more personnel. They say that having more personnel will grow your business faster, will make you more money, will improve your personal relationships, and will help you optimize your purpose. Here’s why you should invest in more personnel, according to Sullivan and Hardy.

Why You Must Stop Setting Low Goals

Do your low goals help you achieve a higher-level goal? Why should you be picky about which goals you pursue? If you are pursuing a goal that does not directly connect to your high-level goals (e.g. writing a novel or starting a business), you should drop it. Otherwise, you are wasting valuable time that could be spent pursuing your high-level goals. Here is why you should prioritize which goals you spend time on.