3 Things to Do When Juggling Your 9-to-5 and Your Own Business

JugglingThe daily grind can be difficult enough without harboring a desire to grow a business from the ground up. A bitter reality is most must work a nine-to-five while they’re starting their own business when they’re off the clock. Because of this full-time schedule, it’s easy for many hopeful business leaders to lose motivation and drive. The transition from employee to entrepreneur is not an easy conversion. In fact, it can be downright difficult and discouraging, it’s a period of time filled with tests, challenges, and trials. Nonetheless,  you must stay committed to your dreams and habitually identify reasons you started this endeavor to help you to continue to strive forward.

1. Remember the Why

One way to make sure you always stay connected to your dream is to always remember the ‘why’. Remember why you first desired entrepreneurship and remember why you took your initial steps toward it. Whether you have dreams of being your own boss, being financially independent, having control over your own time or your want to be as creative as possible, identify why that is important and remind yourself of that every day.

2. Dream Realized

Make sure your dream isn’t a dream deferred by staying committed to the desires that drive you. You find that you’ll encounter obstacles to success, so look to trusting individuals to help you access to research and defeat barriers. Above all, make a promise to yourself that there isn’t an obstacle big enough to pull you away from the things in life that you want to do in life.

3. Vision Board for Success

If the road to success seems a bit foggy, plan ahead and anticipating any challenges or needs. Create a detailed vision board, documented what your life as an entrepreneur will look like. Depict your future customer base, your ideal work day, the activities you’ll engage in, potential social media practices and what your income will be. After you’ve identified all of these things, revisit these plans every day. Focus on what it would be like to have a flourishing business and describe how you plan to circumvent any foreseen or unforeseen challenges.
Remember, stay focused on your full-time job while working on your full-time goal. By handling both tasks well, you’ll demonstrate your stellar time management and prove that you’ll be able to handle future scheduling challenges.


Eddie Dovner is an entrepreneur, inventor, and CEO who is based in West Palm Beach, Florida. Learn more about Eddie Dovner by visiting his pages on LinkedIn, Twitter, and SlideShare. Also, please learn more by visiting EdwardDovner.org and EddieDovner.com.

5 Inexpensive Ways to Market Your Business, Service or Product

marketing strategy, Eddie Dovner“It takes money to make money.” That’s an inarguable fact about life as a business leader or an entrepreneur. Money isn’t merely needed when building a business, it’s needed for growing, sustaining and promoting a business. However, there are countless marketing tactics for business owners with limited budgets. Whether utilizing social media sites such as LinkedIn or online contests, there are multiple ways to promote a business.

Create Instruction Videos

Creating videos that capitalize on personal expertise can be a useful and low-cost way to draw attention toward your business and your brand. Also, the creation of professional YouTube videos can be done without breaking the bank.

 Publish Great Content

Developing insightful content that’s powerful and informative can be a great way to showcase incredible information and develop an audience. Creating top 10 lists, “best practices for your industry,” and other useful tools can be one of the best ways to beckon a following.

Get Savvy with Social Media

Take to Twitter, Facebook, Google+, About.me and Pinterest to engage with industry professionals and businesses. While social media may seem like it’s a place mainly used by the young and self-serving, it’s actually a great place to network, thrive, learn and participate. LinkedIn is a great professional network, which is frequently under-utilized.

Cultivate a Customer Referral Program

Compensate your existing customers or followers with a free product or service, and offer an additional gift for referring new customers. Word-of-mouth is a powerful, valuable and inexpensive tool, which can be used to attract innumerable individuals.

Partnerships

Collaborate with industry leaders to develop special events, projects, webinars, or promotional giveaways. These sort of partnerships stand as a great way to access new audiences. It’s mutually beneficial!

These are just a few examples of the many ways you can successfully market a business idea, product or service.


Eddie Dovner is an entrepreneur, inventor, and CEO who is based in West Palm Beach, Florida. Learn more about Eddie Dovner by visiting his pages on LinkedIn, Twitter, and SlideShare. Also, please learn more by visiting EdwardDovner.org and EddieDovner.com.

Stress: The Dark Side of Entrepreneurship

Entrepreneurship is a righteous and beautiful thing. There are innumerable joys affiliated with entrepreneurship, including but not being limited to being one’s own boss. Committing oneself to this new reality of being an entrepreneur involves incredible personal investment and dedication, and it can be rewarded with untold success.

Nonetheless, committing one’s life to being a business owner and thought leader requires composure. The stress of developing a startup that offers the public products, processes and/or services can be a terrific source of stress for the entrepreneurial minded. One of the worse things that an entrepreneur can do when feeling overwhelmed by stress is to simply allow oneself to become totally conquered by this self-assigned business.

Consider any potential stress-relievers to help defuse some of the stress associated with being entrepreneurial, and try to recapture what it was that set entrepreneurs on that particular journey. Walk away from excessive stress, which is responsible for cardiovascular disease, depression, and gastrointestinal complaints.

These stress relievers can be anything from beginning or ending your day with exercise, taking a break from the multiple screens that you interact with, reduce your commitments so that you’re only focusing on necessary projects and key engagements. It’s important to manage work-related stress.


Eddie Dovner is an entrepreneur, inventor, and CEO who is based in West Palm Beach, Florida. Learn more about Eddie Dovner by visiting his pages on LinkedIn, Twitter, and SlideShare. Also, please learn more by visiting EdwardDovner.org and EddieDovner.com.

 

Business Acumen is a Necessity for Entrepreneurs

The power of a strong general business acumen is mighty and sure, and trends can’t rightfully unseat the need for this vital skill. Industry giants and newcomers alike have come to recognize the importance of being able to exercise judgment and present a breadth of understanding.

A quick and acute understanding of business, which normally results in a good outcome, is aptly recognized as business acumen. The high levels of keenness and applicable understanding known to business acumen are tools frequently used by strategic leaders who understand those features produce successful and proficient organizations.

Developing acumen is a matter of increasing knowledge about one’s industry. While gathering this knowledge, it’s also important to become a better listener in the process. Entrepreneurs who master relationship building, business intelligence, enhancement, decision-making, leadership, stakeholder engagement, strategy development people development and communication are primed for success. It’s necessary to organize targeted training and never forget that the importance of overall development and learning.

Business acumen is downright necessary for the next generation of supply management professionals. In the interest of acquiring leadership roles and demonstrating high levels of job satisfaction and engagement, it’s important that an understanding of business acumen if far-reaching, that it makes sense to older individuals in the C-suite, recruiters, and young business-minded professionals.

Read more on the subject by checking out an article on business acumen written by Jim Barnes, ISM Services Managing Director for the Institute for Supply Management, which is featured in Supply Chain Management Review.


Eddie Dovner is an entrepreneur, inventor, and CEO who is based in West Palm Beach, Florida. Learn more about Eddie Dovner by visiting his pages on LinkedIn, Twitter, and SlideShare. Also, please learn more by visiting EdwardDovner.org and EddieDovner.com.

Components of an Ideal Company Culture

Collaboration, innovation, quality, risk-taking and meritocracy are essential components when harvesting an ideal company culture. There are a number of strategies for improving company culture developed by professionals, across numerous industries. We can expect that some of these will work flawlessly while other plans can perpetuate non-cohesive environments. 

It’s important that companies match culture with strategy, developing practices and attitudes that result in effectiveness and corporate allegiance. Additionally, companies must focus on critical shifts in behaviors, honoring pre-existing strengths within a company’s culture, incorporating informal and formal cultural interventions, monitor cultural progress and cultural intervention at the beginning, rather than after the fact.
When doing monitoring and measuring cultural progress, it’s important that executives harness the strength of employees to gauge and improve business performance and critical behaviors. They must also establish specific intervention milestones and acknowledging underlying feelings, beliefs and attitudes by surveying employees to better understand their thoughts, ambitions, needs and wants.
To learn more about making cultural change within a company, check out this article featured in the Harvard Business Review and Forbes.

Eddie Dovner is an entrepreneur, inventor, and CEO who is based in West Palm Beach, Florida. Learn more about Eddie Dovner by visiting his pages on LinkedIn, Twitter, and SlideShare. Also, please learn more by visiting EdwardDovner.org and EddieDovner.com.