Embrace an Entrepreneurial Mindset and Change Your Life

beach-885109_960_720All entrepreneurs appear to be risk-loving, free-wheeling, and challenge-seeking individuals who are fearless. While lives like theirs seem unattainable, anyone can embrace an entrepreneurial mindset and effectively change their lives.

These experimental and innovative individuals aren’t that different from anyone else. They may seem a world apart, but they’re born in the same hospitals, attend the same grade schools, and walk the same streets. The difference? They simply have an inclination toward risks, creativity, conceptualization, and execution. However, inherently, we all have the ability to access these valued traits in our personal and professional lives. The trick is to cross the line from thinking about developing a business to actually deciding to create a business.

A large part of getting stuck in a rut is a failure to think creatively and take on risks. Without making the decision to take risks or to use one’s imagination, life may appear bleak. This can even be the case for those who are otherwise satisfied in their lives. By utilizing an entrepreneurial mindset at home and at work, we learn to be more creative and purposeful with our space and time, elevating everything from brunch to business endeavors. Of course, this is easier said than done. Making the shift from where you are to where you want to be involves accepting a challenge and seeking a success-driven life.

Find satisfaction in overcoming challenges and embracing an entrepreneurial outlook.  Why do this? Well, it’s simple. It’s easy to allow an uninspired job to bog you down and absorb you wholly. The notion of ‘overcoming and embracing’ fosters the idea that you should seek alternatives to your current position in life. The entrepreneurial principles beg you to stay committed to self-development, purpose, strategy, and responsibility, which are essential for the growth of a business.

The entrepreneurial mindset, which is a mindset that leans toward defiance, problem-solving, and rule breaking, tends to disagree with presented rules. The inventiveness of entrepreneurs keeps them dissatisfied and forces them to always modify the rules for improvement. This isn’t to say you should totally disregard the rules at your current workplace, but consider those rules, and find areas where some of those regulations can be improved. Entrepreneurs are much like writers, who adhere only to those rules that help them to achieve those goals while disregarding the rules that appear limiting.

Be a decider, not a permission-asker. Entrepreneurs recognize when decisions must be made. Rather than asking around for advice, then educate themselves on ways to solve the issues on their own. Of course, these are judgment calls and risks that may or may not be met with positivity.

Fear of self-investment holds us back. Ultimately, the thing that holds entrepreneurs back isn’t the lack of ideas, it’s the fact that there are no guarantees. Undoubtedly, the entrepreneurial spark has burned many, but it has ignited a clear path toward success for many others. This fear often comes to us in the form of doubt, and we become receptive to disapproval.

Often, it takes decades to shake feelings of fear, and success isn’t realized until later in life. Many don’t realize they don’t have to capsize their lives in order to become an entrepreneur. It simply means making yourself available to small changes that will facilitate your dreams. This means putting aside a little extra green in order to grow your future aspirations; trying something risky every day; networking with other entrepreneurial people; becoming open to new adventures; writing down new ideas, and communicating your interest in developing a business to everyone you meet. This will help you to take a step forward toward your dreams.


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.

Entrepreneurs: Burn the Midnight Oil, But Don’t Burn Out

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Burn the midnight oil while you build your future company, but don’t burn out. Some quit their day jobs while others choose to shoulder the responsibility of full-time work and their new business venture. Deciding whether one should or shouldn’t hold onto a nine-to-five is a deeply personal decision but doing both means knowing how to successfully juggle the passion and the profession.

One important thing that an entrepreneur must do is set daily goals. By setting daily goals you ensure each day is a step toward the future business that you deserve and desire. Plan for the tedious tasks and the big moments by creating to-do lists and logos. Develop a business page, organize marketing ideas, compile a list of potential contacts and generate a catalog of design or campaign ideas. Depending on the type of business you want, there’s a great deal of work to be done, and there’s no point in waiting to start your future. You can aggressively prepare for the life and future of your company before it becomes a real thing.

What’s also very important when creating a business is “giving it your all, but not your everything.” Passion may compel you to put absolutely everything into your project but that’s not necessarily the best avenue. Keeping a full-time job while working means that you’ll have money to invest into your company, lessening the need to take out loans. With that said, look to trusted individuals around you with investments. Seek out the help of friends who can offer you their skills related to legal counseling, website development, marketing, coding, product development and proper research. Seek out the assistance of freelancers, outsourcing as much as you can. If you’re too busy to handle your social media, book your appointments or populate your blogs, find a freelancer or a virtual assistant.

Also, if you must, find a co-founder who can help to share the responsibility, alleviate stress and helping to accomplish goals. You and your co-founder will be able to get twice as much done and you’ll have a sounding board. When seeking a co-founder be sure to find someone who shares the same passions as you, who looks has a set of skills to offer and who you’re very compatible with. Search social media sites, go to industry events and visit networking sites like StartupWeekend, CoFounderLab, and Startup Grind.

Another piece of valuable advice is to avoid distractions. Make sure you set aside time to spend with your loved ones and friends, but if your Netflix or Amazon Prime Video subscription keeps you from doing the work that you must do, then you need to limit your use of it. When you’re working on important projects, steer clear of Facebook and Twitter, stay away from your email, shut off the cell phone and focus wholeheartedly on the work at hand. You’ll boost your productivity, which will help you to one day generate revenue and offer your customers a secure 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.

Building an Impressive Culture is Vital for Ongoing Success

Hefty corporations and smaller entrepreneurial outfits differ significantly, but they also have a great deal in common. They both deal with the promotion and sale of goods and services, and they, additionally, are invested in the development of a charming, warm and productive company culture.
Building a company culture that’s strong, close and creative requires a great deal from employees and employers. The size of a company doesn’t necessarily matter, nor budgets or industries. However, behavioral and environmental conditions are important factors that influence creative output, talent attraction and the overall outcome of a company.
There are multiple ways to develop an inspired workspace, particularly when a company is equipped with staff who are deeply engaged and attracted to their projects. However, one has to strike a balance between attracting energetic employees, developing constructive management and composing new strategies to effectively sway a company’s outlook, which effectively strengthens the core of a firm. Additionally, it empowers dedicated professional and improve product output.

Re-establishing and restructuring a company’s culture is a matter of making sure that top management creates the circumstances that allow for behavioral and cultural change within a place. An important step is to rid the company of any practices that erode an employee’s pride in a company, that includes hostile limitations and overzealous regulations. Instead, trust your employees to do the right thing and demonstrate what behaviors are expected by leading by example.

Companies such as Aetna masterfully did an about-face. Challenges with employees, customers and physicians plagued the company in the early 2000s, but they managed to change the culture of the company, which was once known for its tolerance of mediocrity and its suspiciousness of outsiders.

Today, Aetna has changed the conversation, they sought out employees at each level of the company, who helped to devise and input incredible strategy, leading to the design and transformation of a company culture. Because of those changes, Aetna was able to identify some of it’s biggest problems and greatest strengths. Importantly, the head honchos didn’t try to force this change overnight. Also, they didn’t describe their toward an impressive atmosphere as “cultural change,” instead, they continued to preserve the strengths while cutting away weaknesses. They encouraged employees to put customer commitment at the forefront of their minds and quietly worked to rebuild pride.

Nowadays, Aetna’s employees are described as enthusiastic and reinvigorated. Simultaneously, the company has seen the financial growth that complements the company’s overall efforts. Building an impressive culture can undermine disasters and it can help create a workforce that’s interested in the company’s peak performance, not just their own paychecks.


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 Signs Your Startup May be in Danger

Like the human body, businesses experience symptoms when they aren’t doing well. The human body offers a number of telling signs, including headaches, nausea, loss of appetite, feeling unsteady or shortness of breath. When it comes to a startup, signs can be just as physical, but can manifest in a number of ways, from hemorrhaging cash to disorganization to operational dysfunction. There are countless signs, but you’ll find five listed below.

You Can’t Focus

If your company doesn’t have consistent focus that’s a bad sign. In its early months, focus and footing are invaluable. While the “do everything for everybody” approach is admirable, it’s an unfeasible endeavor that can sink your business. Startups tend to have limited resources, so founders must choose wisely when deciding what they want their business to accomplish. Shifting gears mid haul could end tragically.

You Can’t Stay the Course

Again, don’t let your company’s mission escape you. An original idea can easily become diluted when unnecessary changes are made to pricing or delivery. If your company has always been known as a tool for creating custom phone cases for $9.99, don’t continually change the products or the cost on a whim. The inconsistency of your company means that customers can no longer depend on you to deliver a particular product and a particular price point, and it also reads as a loss of passion for the original product.

You’re Not Ready for Success

Having a great idea means nothing if you haven’t decided that you’re going to succeed. Not only does a startup have to have a strong or interesting idea, its founder has to have a desire for success. Rookie mistakes, such as dumping all funds into marketing and failing to hire competent workers, can ensure failure. Instead, put money into polishing a product or service, and if you can’t realistically do everything for your business, hire someone who can.

You Don’t Know if Your Business is Legally or Morally Sound

Grooveshark is a prime example of a great startup that found itself struggling due to legal oversights. However, Grooveshark certainly isn’t the only company that’s gotten shut down or dissolved due to an error in judgement. Turntable.fm, Napster and a number of other met similar fates due to difficult conversations that involved royalties, copyrights and permissions. Do your research.

You Didn’t Make an Independent Product

If your business hinges on someone else’s business or services then it’s possible that your business could bite the dust. Twitter and Facebook are just two examples of businesses that other startups gather around and attach themselves to, leaching from. Unfortunately, businesses such as TwitPic and Lookery found that big social media platforms didn’t want others to drink from their success, and took look legal action against them. If choosing to lean on major social media platforms, it’s necessary for startups to establish an independent identity that distances it and makes it a more reliable product. Likewise, don’t solely look to Google results, and stir clear of channel dependency. The dangers of putting all of one’s proverbial eggs in one basket are that they’ll all get smashed if dropped.


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.

Startups That Will Soar in 2016

Eero, Hungryroot, Periscope, The League and Meerkat are just a few examples of cool and interesting startups launched in 2015. However, no matter how successful 2015 was, in terms of bringing forth a parade of fresh startups, 2016 promises to be an even better year for the launch, development and creative direction of newfangled businesses.

There are already a number of young startups identified by venture capitalists to be huge within the tech industry, as well as other industries. For example, Datadog has been regarded as “crack for developers.” Also, the San Francisco-based media tech company Inverse was founded in 2015, and it endeavors to equip tech-savvy male millennials with all the latest news in music, digital culture, science, television and movies.  Vulcun, a fantasy league for e-sports, will also grow in the upcoming year because more and more people tune into final tournaments for Counter-Strike or League of Legends. The company will support the e-sports phenomenon by developing incredible digital goods.

Kafka, a fault tolerant and highly scalable computer “messaging” system developed by emerging open source leader Confluent, is an open-source project and streaming data platform that allows for the transmission of data between computers.

VarageSale is a new enterprise that promotes person-to-person transactions and the purchase of low-cost items without incident. The app is fast, and it’s a safe place for buying and selling items within a community. Carousell is another app that helps individuals sell items. It’s an app permitting users to sell unused and underused clutter.

Juicero, which has $90 million in funding, is barely out of the development stage but has caught the attention of Silicon Valley. Headed by Doug Evans, Juicero hopes to become the Keurig of fresh juice.

Banjo offers pertinent social media based on location in real time. It’s faster than other tools in the social web, quickly identifying important real-world events.

Some other startups to look out for are Mic Networks, Laurel and Wolf, EverString, Segment, InVision, Databricks, Visier, UserTesting, Nextdoor and FullStory.


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.