1. No focus This is a very common mistake among first time entrepreneurs. They try 100s of things without trying to focus on one thing at a time. Many entrepreneurs start more than one business at the same time. This is a big mistake. Focus on one business at a time. 2. Failure of the entrepreneur to understand financial statements Accounting is the language of business. If you can’t speak it, you’ve... 

When striking out on your own as an entrepreneur there are many different ways to learn things. The most common way that an entrepreneur learns things is quite frankly, “learning as they go along”. “Learning along the way” is not necessarily a bad thing as one of the key characteristics that almost any successful entrepreneur must have is the ability to be proactive and stay... 

Starting and growing a business is not just about the concept or the business idea. It is about your skills. You need to have the extraordinary skills to build an extraordinary business. Find below some of the skills that I think are important in entrepreneurship. 1. Goal setting I rate goal setting as one of the top skills to success in anything not just entrepreneurship. If you do not set goals,... 

Do you have the uncomfortable feeling you are missing something in running your company? Is your growth slow and painful? Are you working more hours for much less revenue? Do you wake up in the morning nervous and uptight? Being an entrepreneur does not have to be like this! Faster easier better results are possible! As I interview startup CEOs and ask them what they are doing as CEOs to grow... 

This is a very common question I get from a lot of people. Lot of people have jobs where they have a steady income, now they want to venture into their own businesses. The question most people ask is “Should I quit my job and start a business full time or should I start a business part time?” There are several factors to consider before you answer this question. #1 Can you go on for over 2 years... 

I was watching Wimbledon the other day and I am a great sports fan. I seek lot of inspiration from the field of sports. If you observe some of the greatest sportsman in the field of sports, it may not always be extraordinary talent that sets them apart from the rest of the competition. It is their ability to follow a plan with discipline. Whether it was Pete Sampras, Roger Federer, Michael Jordan... 

Vinil Ramdev, author of this article I was reading this blog post “Why are you single? Perhaps it’s the choice effect” on Tim Ferris’s blog where the writer spoke about choices being more harmful than helpful. Is it that some people are single because they have lot of choices? It reminds me of my college days when I would have several ****** to choose from. And, eventually would end up with... 

Today, with so much of information overload, many of us seem to get distracted and lose sight of what is truly important to us. So, I got productivity expert Ann Michael Henry to answer some questions that will help you achieve more in less time. Ann Michael Henry is fondly referred to as the Productivity Chef™ at Mise En Place. She is Co-author of 3 great books on productivity in the workplace,... 

I interviewed Melanie Benson Strick who is known as The Million Dollar Lifestyle Business Coach because she knows first-hand how to build a successful, thriving, freedom-based company with her secret weapon — LEVERAGE. With over 12 years in corporate America and eight years as a business owner, Melanie works exclusively with entrepreneurs who are ready for a “sustainable” lifestyle business. In... 

Lot of people on my facebook community had a question, should I work or go to college? Many people who have been following my writing over the years probably know the answer to this question, I am not a big believer in college education. I do believe in education but NOT the institutionalized education. Going to a library, picking up a book, attending a seminar, listening to audio and video programs...