im8 360x270 - 6 Reasons Why You Should Consider Going It Alone

6 Reasons Why You Should Consider Going It Alone

As a young entrepreneur, you might need to get help in the form of funding or even cofounders to ensure you get your business up and running. But what if this was not necessary? Of course, it is possible to run a one-person show, but would it mean more work? More stress? More responsibility?

Here we discuss all the amazing benefits you can expect when you decide to do your own thing.

#1 You Are in Control

You call all the shots. No one can override you when it comes to making the big decisions for your company. This includes everything, from your logo design, fonts, brand image, and products and services. It’s all in your capable hands.

#2 No Drama

In many partnerships and office environments you will have to deal with minor issues, office politics and unnecessary drama. Not only does this impact productivity, but it has a negative impact on your business as a whole. When you do everything by yourself, you immediately cut out any room for disagreements and petty politics.

#3 Bigger Community

You might think doing everything on your own could be a bit lonely. This is completely untrue. You will be able to outsource work and include a bigger community in your business endeavors. You’ll also be in control of setting up work systems that works for you and those you employ.

#4 Greater Satisfaction

This goes without saying. Once you enjoy success, you’ll be able to appreciate how far you’ve come and experience true satisfaction with your accomplishments. You’ll also be responsible for everything, which adds to that awesome feeling of achievement.

#5 Time is On Your Side

You won’t have to stick to certain office hours and you will be able to make your schedule and stick to it. No more dull 9-5 clock-ins, you’ll be able to work out a schedule and routine that suits your needs. You’ll even be able to be a true workaholic if that is what you desire. Holidays will depend on your need and your schedule completely.

#6 Adrenalin Rush

Being in control of everything will give you complete ownership of everything you do and achieve. This is sure to afford you loads of adventure and adrenalin. You will have absolute uncertainty about whether or not you’ll make it from one day to the next, excitement you won’t find anywhere else!

Having pointed out all these great benefits, with great power comes great responsibility, but we’re sure you know this. Keep in mind that there are differences between solopreneurs and entrepreneurs who work alone.

We bet you are pretty amped to start your own business. Good luck!

nn2 360x270 - 5 Fail-Safe Strategies to Become a Successful Entrepreneur

5 Fail-Safe Strategies to Become a Successful Entrepreneur

Anything in life runs on trial and error. Sometimes you have to go through the process a couple of times before you get it right, almost like making a great lasagna. But, with a little advice and help from us, you can apply our five fail-safe strategies and taste the fruits of your labor.

1 – Obey thy Customer

As the saying goes, the customer is always right. Be open-minded when you receive feedback from clients and customers and take their experience of your product or service into account. Always remember that these are the people who spend their money on your product or service, and if they feel that a certain improvement can be made, perhaps there is a way you can keep them happy.

Keep your ears to the ground and find out what the majority of customers are saying about your company, products, and services.

2 – Do Some Research

Whether you want to add a new service or product, you’ll need to put in some time and do the research. For the most part it’s not fun and games, but it will be worth it in the end. You need to ascertain whether or not the product is viable, whether your customers would buy it, and if it offers any value to your brand as well as your loyal customers.

nn1 - 5 Fail-Safe Strategies to Become a Successful Entrepreneur

This goes for any product or program or new way of work you wish to implement in your operations. Before going in blindly, know what you are getting yourself into and whether or not it will be a change for the better or worse.

3 – Know thy Frenemy

It’s always good to be one step ahead of the competition. Know the ins and outs of their tactics and research them a little. This will give your company an edge and advantage. By familiarizing yourself with the competition’s products and marketing, you can have deeper insights as to how you should go about marketing your product or even improve it.

4 – Save Some Cash

Even if you are experiencing rapid growth, and making a killing, you should always put away some cash for a rainy day. Be prepared for times get tough and save money to ensure you will be able to pull yourself back together again.

Not that this would be the case, but it is better to be prepared than not at all. If you want to celebrate a sale or offer your employees an incentive, do so sparingly. Always put some money away.

5 – Be Flexible

Change is inevitable, and you should be ready to adapt no matter what. The market can change, your product can become obsolete, whatever the case may be, anything can happen. As a successful entrepreneur, you should be flexible and able to adapt to anything that is thrown your way.

We trust that these strategies will help you on your way to becoming a successful entrepreneur. For some inspiration, read this entrepreneurial success stories article.a

kk1 360x270 - Take Any of These 5 Courses to Boost your Entrepreneurial Skills

Take Any of These 5 Courses to Boost your Entrepreneurial Skills

Apart from having some entrepreneurial characteristics to succeed in business, you’ll need some sick skills too. A big part of being a successful entrepreneur is the hunger and continuous chase for knowledge.

The more you know, the more you’ll grow. Here, we’ll discuss some of the best online courses directed to entrepreneurs like you. These are all geared to equip you with the necessary skills to running a successful business.

1 – Y Combinator: Startup School

The content here is completely free of charge and you will gain some valuable insights on how to start your own business. The duration of the startup school class is ten weeks, but you can complete it at your own pace as well. Course material includes everything about starting your business, from the how and why to creating and selling a product.

2 – Berkley Online: Creativity & Entrepreneurship

This course combines the fluidity of creativity with the more rigid rules of entrepreneurship and take a look at how these two come together and is applied in the real world. The course takes about four weeks to complete and is completely free. Should you wish to grab the certificate, you’ll have to pay $49. Learn how you can apply your creative skills to your entrepreneurial instincts and start your business successfully.

kk2 - Take Any of These 5 Courses to Boost your Entrepreneurial Skills

3 – Babson Online: Financial Analysis for Decision Making

Owning a business can be fun but scary at the same time. If you are not familiar with the intricacies of the financial side of things, this course is an absolute must! From funding to buying and investing in products, you’ll be confident in making financial decisions by the end of the course. This 4-week course is free, but a certificate will cost you $49.

4 – Guy Kawasaki: The Essential Guide to Entrepreneurship

With Guy Kawasaki’s course you’ll know you’ll cover all the need-to-know basics of starting and running your own business. The course can be completed at your own pace and consists of 4 hours of video content, articles and some supplementary content. It’ll cost you a mere $10.99 and you will receive a certificate once you have completed it.

5 – Udemy: The Complete Product Management Course

If you are planning to make and sell your products, this course is crucial for your success, especially if you have no prior experience in product management. They take you from concept to design and manufacturing, carefully dissecting each step. You’ll also be able to go through case studies based on Google and Zappos, which makes the material come to life. This course will cost you $10.99 and you’ll get a certificate.

Are you ready to upskill yourself and get cracking with one of these fantastic entrepreneurial courses? We trust that they will guide you on your way to entrepreneurial success.