how to become a tech entrepreneur

How to Become a Tech Entrepreneur and Be Your Own Boss
Nov 28, 2018

Do you have a tech degree and are ready to branch off on your own? The answer might be for you to become a tech entrepreneur. No one knows and can broadcast your skills as you can, so it will give you a chance to put yourself out there and beat the 9-5.

So, if you’re ready to be your own boss, build your business, and build relationships with other go-getters like yourself, then we can help you on your personal road to success. Here are 5 tips on how to become a tech entrepreneur that you can take to heart so you don’t make the common mistakes.

1. Research Your Market

Any business begins with you researching your market. You need to do a little digging to see how successful your tech business will be in the area where you want to place it.

Look at your competitors to see how they are faring in the area while also looking at how many there are. If you’re just one small tech company in a giant pond of other ones, you might not make it.

2. Visualize the Ending

Every great story has a beginning and an end. How will your story go? That’s the question you want to ask yourself when you’re starting up. Visualize your goals and how you want it to end.

Once you have a clear end in mind, you can start building up a plan to make it happen and be successful.

3. Build Your Tech Business

Once you have a clear idea in mind, it’s time to build your tech business. If you’re going to be the boss, you’ll have to do more than just sit behind a desk. You have to set up a situation where your company can grow.

Learn the right marketing strategies so others learn about you and use the right technology to make growing your business easy.

4. Talk With Other Entrepreneurs

The best source of inspiration is people just like you that are either trying to make it or are currently making it. Reach out to these people and they can push you to be successful as well.

You can contact these people via Facebook and other forms of social media. Don’t be afraid to join groups and start asking the big questions.

5. Become the Best You

The last piece of advice we have for you is to become the best you that you can. When you’re motivated and happy, you become a better boss which will make your tech company flourish.

Become the sort of person that you’re proud to let the people closest to you see. You’ll be surprised at the amount of confidence you’ll obtain, and how it will affect your work.

Your Guide on How to Become a Tech Entrepreneur

Being your own boss can get pretty complicated. You have to have the right motivation to keep yourself going, market your company, and research your market to see if your tech company will even be successful. Use these tips on how to become a tech entrepreneur to get started on your new career path ASAP!

Reaching out to those in your field isn’t the only way that you can get a little bit of inspiration. Keep reading to see all the benefits of hiring a business coach.

entrepreneur tips

Practical Entrepreneur Tips You Haven’t Heard Before
Nov 21, 2018

It seems like every time you talk about starting a business, you get the same old responses. Either people are shooting you down and saying it will never work, or they’re giving you the age-old entrepreneur tips you’ve heard a thousand times before. 

The good news is that you can foster better, more valuable conversations. But the trick is that you have to find the right people with whom to share your passions and insights with; people that will “get it” and ideally, have already been in your shoes. 

You need professional mentors and personal supporters when starting a business. 

More importantly, you have to be able to pick yourself up when you fall. 

Here are 3 insightful entrepreneurial tips to help you do just that – and to prevent you from making some serious mistakes in the first place.  

1. Identify What’s Holding YOU Back

You have to be brutally honest with yourself as an entrepreneur. 

You need to identify your weaknesses, and more specifically, your bad habits. You need to be hyper-aware of the stories you tell yourself versus what kind of progress you’re actually making. 

Don’t mistake a huge investment or a lot of press for success. Don’t limit yourself to what your company can do because of your fear, either.

These are just a few examples of how your habits shape your life and the course of your company. The best way to ensure you succeed is to focus on creating more discipline and understand the sacrifices you need to make. Meanwhile, chip away at your bad habits every single day.

2. Know Your Numbers 

Although working on yourself does benefit your business, it’s not the same as actually running the show. You have to be on top of all your operations. Most importantly, you need to understand your numbers. 

This mainly applies to finances. It means making sure your checks and balances are in order and that everything you invest in is providing the value you expect (or more). 

Knowing your numbers also applies to things like inventory, deadlines, and market data. All of these things give you the insight you need as an entrepreneur to make your bottom line more profitable and keep the entire company on track.

3. Question Everything

The final entrepreneur tip to keep in mind is to question everything. In other words, never settle for good enough. 

If your product is nice, how can you make it better? If you’re creating the awareness/disruption in the market that you wanted, how can you build even more?

The more you question every big and small decision you make, the better the outcome of your business as a whole. This will make your learning of the market, your business, and yourself an ongoing process, which is necessary to succeed.

Additional Entrepreneur Tips for Start-ups, Big Businesses, and Everything in Between

Whether you’re working on a start-up idea right now or you’ve just bought out a company that shows a lot of promise, your business is relying on you. Your team needs direction and your products need knowledge and innovation to succeed. 

Entrepreneur tips can only do so much. At the end of the day, you’re the one who has to put in the work, or at least find other people and/or programs who can. 

If you need a little more guidance to reach your goals, though, click here. 

 

 

how to start a business

How to Start a Business From Scratch On a Tight Budget
Nov 21, 2018

Do you have the next great business idea? Are you ready to hit the ground running and devote your life to getting your dream off the ground?

If so, you may be wondering how to start a business and build a company on a small budget. Thanks to the internet, your budget doesn’t have to hold you back.

Today you can now get started for less than ever, so leave those angel investors where they are for the time being. We’ll show you how to start a business without giving part of your ownership away.

Read on to learn more about how to start a business from scratch.

You Don’t Need an Office Space (Yet)

Starting your business may not require a physical office space and the additional overhead required by your office space.

After all, it’s not just the cost of the office. You’ll need to add in insurance, furnishings, and expenses like parking.

For example, if you’re in the beauty sphere, you could offer to provide in-home services to your client (think lash tech or on-demand blowouts).

If this isn’t an option, you could set up a low-cost location in an established salon.

Stocking a product? Start with a small inventory that you can manage from home or have your inventory shipped to a third-party seller like Amazon FBA.

Consider e-Comm

Vehicles like Amazon FBA and cheap web hosting can help you get your business off the ground if your business is selling a product. In this case, throw the majority of your budget into your product inventory and marketing strategy.

Youtube hosts a wealth of information about how to get started in eCommerce. Need a little kick in the pants? Small business titan Gary Vee is a great source of inspiration. He turned his parent’s liquor store into a $60m online wine business.

Proof that starting small doesn’t have to limit your potential for growth.

Buy It Used

If you need tools or tech for your business, buy it used if at all necessary. Sadly, many small businesses that don’t closely watch their expenses go under.

Because of this, you can often get clothing racks, dress forms, and many of the other things you may need at big discounts.

Websites like Craigslist can be a great tool when looking for the thing you’ll need to start your business.

Hire Slowly

Extra employees can make running your business a lot easier, but save that luxury for when your business is turning a hefty profit. You’ll need to be okay with devoting the majority of your time to getting your business off the ground for the first couple of years.

Enlist the support of family members who you may need to step in to help with things like child-care or helping you sort through Christmas season orders. With hard work and a great support network, you’re sure to be a big success.

How to Start a Business and Build an Empire

Looking for more great advice on how to build your business from scratch? We’re here to help every step of the way.

Check out our blog for more great tips on how you make your new business a success.

entrepreneurship blog

How to Run an Amazing Entrepreneurship Blog
Nov 14, 2018

What are your favorite blogs to read every day? Do you have a go-to site you go for all of your industry-related information, or do you prefer keeping up with bloggers who talk about lifestyle interests like traveling and mental health?

Whatever it is you spend your time reading online, it’s time you start considering the opportunity to create a blog yourself. Think about it: if the influencer you follow from across the country has a worldwide audience or your buddy down the street just started a lifestyle blog, there’s no reason you can’t succeed at blogging too!

This is a lot easier than it’s made out to be. The trick is you have to put in the work to create a good blog and know a thing or two about how the internet works.

As far as starting an entrepreneurship blog goes, follow the steps below to get this done.

1. Choose a Hosting Site

Unless you’re some sort of software engineer or coder by profession, you probably don’t want to spend a lot of time creating the backbone of your new blog. With a hosting site, you don’t have to!

Hosting sites allow you to create a unique domain and customize it with ease. Some are more in-depth than others, but they all basically do the same thing. A hosting site is where you create your domain, design the visuals of your blog, write and schedule content, and manage your SEO presence.

2. Learn How Digital Marketing Works

Speaking of your SEO presence, this is the number one thing to focus on if you want your entrepreneurship blog to be successful. SEO stands for Search Engine Optimization. It’s the tool that Google uses to match consumer inquiries with the best answers, and what bloggers use to be rank among those answers.

The thing about SEO is that there’s not one single way to achieve a good Google ranking. You have to learn about multiple optimization tactics like link building and alt tags to get the results you’re looking for. Additional SEO best practices include:

  • Keyword research
  • Guest blogging
  • Using custom Meta Tags and Title Tags
  • Recycling content
  • Encouraging user-generated content

The last two bullet points are things you can’t ignore. Although your entrepreneurship blog may start out as strictly written content, it’s good to start incorporating infographics and vlogs onto your website. These will strengthen your website and help you become more successful.

User-generated content also does this but in a completely different way. It builds trust with your audience and makes you look good in Google’s eyes, too.

3. Monetize Your Website

This is what all the top entrepreneur blogs do differently than those who aren’t taking blogging seriously. There’s a reason you want to build a good digital presence that goes beyond gaining a big audience. At some point, you want to start leveraging your audience to create sales.

You need to figure out how you’re going to monetize your website, though. Some people do this by offering ads for big companies or charging for guest blogs from other entrepreneurs. Others will find entrepreneurship-related affiliate marketing opportunities and still more will create custom entrepreneurship courses to start bringing money in.

Whatever you do, don’t let your blog just sit there without making any money off it.

Make Your Entrepreneurship Blog the Best It Can Be!

Keep in mind that you don’t have to knock out everything on the list above at once.

If you have the time to do so, have at it. But, it’s usually better to think carefully about how you set up your site and the kind of content you want to publish right off the bat. This gives your entrepreneurship blog the best possible chance to start growing from the get-go.

Click here to access smart marketing insights that will help you continue that growth!