From Passion to Profit: How I Transformed My Lifestyle Business

Aug 11, 2023

Welcome to our latest blog post, where we dive into the journey of Rafferty Pendry, a driven entrepreneur who turned his passion into profit and built a successful lifestyle business. In this article, we will explore the steps he took to overcome burnout, regain control of his life, and create a thriving business that allows him to live life to the fullest.

The Breaking Point: When Passion Turns into Exhaustion
Rafferty Pendry’s entrepreneurial journey started with unbridled passion, but it soon led him down a path of overwork and exhaustion. Working relentlessly, up to 20 hours a day, he found himself falling asleep at his computer and struggling to maintain a balanced life.

Recognizing that this unsustainable lifestyle was taking a toll on his health, Rafferty knew he needed a change. He realized that his business could not solely rely on him, and he needed to find a way to make it more self-sufficient.

Embracing the Power of Working On, Not Just In, the Business
The turning point for Rafferty came when he decided to focus on working “on” his business, not just “in” it. He carved out a dedicated hour every single day to strategize, plan, and empower his staff. This discipline allowed him to step back from the day-to-day operations and gain a broader perspective on his business’s growth.

He identified areas where he could delegate tasks to others, even if he initially believed he was the only one capable of handling them. By empowering his staff to take on more responsibilities, he gradually let go of control and built a team that could handle the business’s daily operations effectively.

The Importance of Empowerment and Delegation
At first, relinquishing control was a challenge for Rafferty. He had to overcome the belief that he was the only one who could deliver top-quality results. However, he soon realized that building a successful business required entrusting capable individuals with specific responsibilities.

Delegating tasks not only freed up Rafferty’s time but also allowed his team members to grow and excel in their roles. This empowered his staff to take ownership and contribute their best efforts to the business’s success.

 

The Path to a Lifestyle Business

Through disciplined efforts and a commitment to empowering his team, Rafferty transformed his business into what he calls a “lifestyle business.” This lifestyle business gave him the freedom to enjoy life while still thriving professionally.

By stepping back from the day-to-day grind, Rafferty now enjoys a more balanced life, free from the grip of a time-consuming business. He learned that creating a successful venture doesn’t mean sacrificing personal well-being. It’s about finding the right balance and cultivating a team that can carry out tasks with excellence.

Lessons Learned: Seeking Knowledge and Smart Advice
Throughout his entrepreneurial journey, Rafferty constantly sought knowledge from those who had achieved similar goals. He learned to be selective about the advice he followed, seeking guidance from experienced individuals who had accomplished what he aspired to achieve.

By learning from the best, he avoided common pitfalls and grew his business with a solid foundation. Rafferty’s commitment to ongoing learning and self-improvement continues to drive his success.

Rafferty Pendry’s story is a testament to the power of transforming passion into profit while maintaining a balanced lifestyle. By transitioning from an all-consuming entrepreneur to a strategic business owner, he redefined his journey and built a thriving lifestyle business.

Through empowerment, delegation, and a thirst for knowledge, Rafferty created a business that doesn’t consume his life but enhances it. His journey serves as an inspiration for aspiring entrepreneurs seeking a path that leads to both professional success and personal fulfillment.

So, are you ready to follow in Rafferty’s footsteps and turn your passion into a thriving lifestyle business? Remember, it’s about finding the right balance, empowering your team, and seeking knowledge from those who have walked the path before you.

See you in the next blog post!

tech entrepreneur advice

5 Reasons Public Speaking Is Essential for Startup Entrepreneurs

Nov 3, 2020

Research shows that about 69% of entrepreneurs start their venture at home. As more people transition to working remotely, public speaking may not seem critical for business.

However, it is wise for entrepreneurs to hone their public speaking skills. Regardless of your industry, you can share your entrepreneurial journey or give tips on fashion or offer tech entrepreneur advice. Here are five ways it can be beneficial for your career and business.

1. It Is a Valuable Soft Skill

Public speaking is a soft skill that most employers require today when recruiting new members of staff. It is a powerful form of communication, especially when you need to reach out to a large group of people.

As a business person, there are many ways public speaking will positively impact your venture. It will boost your confidence when talking about your ideas to the press or at conferences. Personalities like Rafferty Pendery have been making connections with industry leaders by giving talks and tech entrepreneur advice.

2. It Helps You Publicize Your Expertise

As a public speaker, you can set yourself apart from your competition by giving talks at conferences and industry events. Many international speakers are making an impact by sharing their personal stories and their journey.

Rafferty Pendery started his first company when he was 11. He currently provides tech entrepreneur advice and solutions to Fortune 500 businesses. But he also experienced failure before he became successful. By sharing both the positive and negative aspects of your experiences, you make the presentation more relatable.

3. It Helps You Popularize Your Profile and Brand

Public speaking creates many opportunities to talk to clients and potential business partners. Giving an impactful talk on tech entrepreneur advice can create a buzz for your ideas, skills, and experience. You can soft sell your brand, which can be more persuasive than cold-pitching to clients.

The presentation may prompt business prospects to search your brand online, and it may generate clicks for your tech blog. If your message is aligning with the relevant audiences, you can capitalize on the attention to popularize your brand.

4. It Helps You Network with Other Professionals

Public speaking not only puts your skills and ideas out there, but it also gives you insights into your clients. For example, after a tech entrepreneur advice presentation at a conference, you may get follow-up questions from the audience.

Such queries can allow you to see their perspective on the solutions you are presenting. You can use the feedback to gauge their level of understanding on a given subject. The information can enhance your presentation when you appear for conferences in the future.

5. It Helps You Sharpen Your Communication Skills

Taking part in public speaking events will prepare you to come up with ideas for a better presentation. As the business grows, you’ll be reaching out to a bigger market, and so you should always be ready. As it is with any skill, the more you practice, the better you will get.

tech entrepreneur advice

Entrepreneurs can benefit a great deal by working on their public speaking skills. Whether you are giving a talk on health or tech entrepreneur advice, it can positively impact your business. Remember that practice is essential for honing and perfecting your craft. With time, you’ll build confidence and sharpen your communication skills until it is no longer a challenge for you.

rafferty pedery

How Entrepreneurs Can Calm Their Speech Anxiety and Reach Their Fullest Potential

Oct 13, 2020

Public speaking is an important skill for any entrepreneur to have. However, nearly three in four people suffer from some form of speech anxiety. This can be extremely detrimental for those looking to start their own enterprising companies. It can even hold entrepreneurs back from being able to achieve all of their goals.

Rafferty Pendery, tech entrepreneur and well-known international speaker, is no stranger to the challenges that can come from public speaking. However, if you are looking for some quick and easy steps to help you combat your speech anxiety, here are some simple steps that you can start to use right now — as recommended by Rafferty Pendery.

1. Thoroughly Understand Your Topic

When publicly speaking about a topic, it’s easier to speak more confidently about a topic you are knowledgeable about. This means that you will be less likely to get off track or lose your train of thought. In the event that you do lose your place, it can also be easier to recover as you will have a thorough understanding of the subject at-hand. Speaking about a topic you know a lot about can also make it easier to utilize an outline, as opposed to a full-blown script. By writing down the specific points you want to talk about, you can ensure that you won’t miss anything important but will also have the freedom to tailor the speech to your audience.

2. Practice Makes Perfect

The importance of practice cannot be overstated enough. Not practicing ahead of time is one of the biggest entrepreneur mistakes you could make when it comes to speaking. While there are many tips for how to practice on the Rafferty Pendery website, one of the best ways is reading through your speech in front of a mirror or in front of a camera. Recording yourself can be particularly helpful, as it allows you to analyze yourself and make any necessary corrections. For example, if you find that you’re too stiff or that you’re getting hung up on a specific paragraph, you could tweak your delivery and rerecord your speech until you’re happy with the final result. Additionally, hearing the speech back can help with memorization, allowing you to stay on track and remember all of the points without having to constantly reference your notes.

3. Don’t Stress About the Silence

Many new speakers make the mistake of thinking that they have to constantly talk without pausing. This can make it difficult for your audience to absorb everything you’re saying and it can also make it seem like you’re rushing through your speech. To prevent this, make sure to practice slowing down your delivery and taking a pause between sentences and paragraphs. Now only will this make your speech seem more put together, but it can make it easier for the audience to follow along. Furthermore, you could also listen to speeches given by Rafferty Pendery in order to get a better idea of how you should model your own cadence and pauses.

4. Have a Positive Mental Attitude

The power of positive thinking is another thing that many entrepreneurs overlook. However, it can be a powerful tool in its own right. If you’re feeling nervous about an upcoming speech, instead of focusing on the negative, focus on your success and imagine your presentation going well. Even something as simple as this visualization technique can help put you more at ease and make you feel a little less anxious about speaking.

If you are an up-and-coming entrepreneur who is struggling with speech anxiety, consider these tips before your next presentation. You may also want to check out all of the additional tips and tricks listed on Rafferty Pendery’s website. There you will find numerous articles related to how you can best utilize your strengths to help you achieve all of your entrepreneurial goals.

how to start a business

How to Start a Business: 4 Entrepreneur Tips

Oct 12, 2020

According to research from a United States Bank study, 82% of businesses fail in their proposed business plan due to problems with their cash flow. Statistics like this can make it seem daunting for aspiring entrepreneurs or those looking to start a business in today’s market. Fortunately, there are ways to make your business model work. The key is in your first steps. This post will cover four early steps on how to start a business, including how to avoid common entrepreneur mistakes.

Plan Your Business Model

How to start a business? That’s not a simple question, and many elements go into the answer. Licensing, bookkeeping, and employee management are only a part of the details of running a business. But the bottom line is: what do you want to build? What problem can you solve for people? What skills do you have? Who will benefit from those skills? What are your business goals, and how can you break them down into actionable steps? Answering all of these questions will help you to build the foundation of your business. They will become the basis for the following steps. It is also important to remember and note: you won’t be able to do this completely alone. Finding a business partner, or partnering with other businesses or entrepreneurs who have skills and services that complement your own can mean that your business grows stronger than if you tried to learn every skill yourself.

 

Find Your Niche Interest

This should be one of your first goals when deciding on a business plan. The key to being successful and rising above the dozens or even hundreds of other businesses out there is to be unique. What can you offer that no one else can? What can you do that no one else can do? There are hundreds of businesses offering marketing and design services, for instance, but perhaps only you can focus your business on specifically designing marketing copy for fantasy and science fiction authors, because of your background as a writer. Find your niche, that thing that makes you different, and your business will be off to a good start.

 

Know Your Target Audience

One of the most important aspects of learning how to start a business is to know your audience. In fact, knowing your audience is almost as important as knowing your niche. The two go hand in hand. Going back to our example above, your audience would be indie sci-fi and fantasy authors. By having your audience narrowed down, you can start advertising and building connections with those authors who would benefit from your services. This allows you to narrow the focus of your networking and marketing, which can make your time and money even more effective and can ensure that you don’t waste either. This leads us to our final step.

 

Network and Market

One of the most important entrepreneur tips is to network, network, network. This can mean to network digitally by building a mailing list and connecting with your audience on social media. Or it can mean networking in person by traveling to conferences, either as a guest or a public speaker to connect and share your knowledge of the industry. Basically, it boils down to making connections and building friendships with people in your chosen niche industry.

Finding your niche, following a well laid out plan, knowing your audience and what they need, and networking yourself and your business within your industry are all steps you can take to help reach success. Starting your own entrepreneurial business is no small feat, but the rewards are more than worth it if you are patient, hard-working, and dedicated.

Navigate Your Path to Success Following These Top Tips for Entrepreneurs

Sep 11, 2020

In 2014, only 80% of small businesses made it to the next year. That fact leaves some room for improvement, and there have been improvements when it comes to being an entrepreneur since then. One of the best ways to become successful is by following in the footsteps of entrepreneurs who have achieved their business goals already like Rafferty Pendery. Consider successful entrepreneurs such as Raffy Pendery to be your mentor, which is vital for an aspiring entrepreneur to have. They can give you helpful tips for entrepreneurs that help you hone your vision and increase your perseverance.

Navigate Your Path to Success with Tips for Entrepreneurs

Today, most entrepreneurs want to start an online business. While this sounds rather easy, it can be a daunting task. There is a great need to be dedicated to your niche and understand as much information as possible and research what it means to be an online entrepreneur. This will keep you from avoiding entrepreneur mistakes. One of the most common entrepreneur mistakes is not dedicating enough time to your goals. An increase in self-employment for American entrepreneurs and nationwide means that you need to fully understand what it means to become a digital entrepreneur. Research and teaming up with a mentor are top tips that will help you aspire to become a successful business online.

Do You Have a Business Plan in Place?

Top tips for entrepreneurs would be remiss if planning wasn’t at the top of the list. Entrepreneurs of every kind need to plan to define their skills as well as their weaknesses. What do you offer consumers that is unique? How do you plan to expand what you offer in the future and grow your business? Answering those questions and more is imperative to the success of your business. There are ways to plan and prepare mentally so you are ready for the challenges you face as a new entrepreneur. The first hurdle is understanding how to start a business. It is a good idea to turn to entrepreneurs offering mentoring and advice so your first steps are headed in the right direction.

Prepare for One of the Biggest Challenges

Tips for entrepreneurs include preparing for one of the biggest challenges, finances. Cash flow tends to be a monumental challenge for new entrepreneurs. There is a way to plan for cash challenges and it includes saving money. You should always try to save at least a month’s worth of expenses so you have a financial safety net you can provide for yourself.

You could also focus on lowering overheads to deal with cash flow issues too. Consider earning more money by encouraging clients to pay a deposit, or a full amount upfront, for discounted products or services. The idea is to be very careful when it comes to debt since it is a killer of success.

Vital Tips for Entrepreneurs Includes Asking for Help

There are websites, entrepreneur gurus, mentors, and partners out there that you should consider networking with when you need help. Resources abound for new business opportunities too. Turn to others online for support, help, and fresh ideas too. There are many tech entrepreneur blogs and resources to be utilized.

You Need Tips for Marketing on a Budget

It is extremely vital to market a new business. Use social media. It is smart and easy to traverse. Create business pages on social media platforms, it’s free to create one on Facebook. There are also community Facebook groups that you should join. Some may ask for a small advertising fee while others don’t. You should also submit the URL for your website to search engines such as Bing and Googles since it is free to do so. The idea is to try everything and anything.

Consider your entrepreneurship to be a lifestyle. You don’t have to work overwork yourself. In fact, focus on getting help when you need it while also taking care of yourself. Your new business will thank you.

How to Run A Successful Tech Entrepreneur Blog

Sep 9, 2020

Approximately 69% of US entrepreneurs start their businesses at home. As a tech entrepreneur, an optimized blog may help build brand credibility for your start-up. With 61% of consumers using the internet to learn more about specific products and services, a successful tech entrepreneur blog can set you on the path to success.

Communicating with your target consumers through your blog can help convey your brand message as well as increase conversions. You need to work tirelessly, establishing a blog, setting clear goals, and a way to measure your success. Here is how you can run a successful business blog.

1. Choose the Right Blogging Platform

The first step to a successful tech entrepreneurship blog is choosing the right platform to post your content. There are different sites that you may use, with the most versatile being WordPress. It is user-friendly, easy to set up, write, and publish. Choose your preferred hosting service and choose a unique domain to your website.

2. Know Your Target Audience

68% of consumers spend more than 4 hours daily reading about brands that interest them. You may need to choose a niche for your blog, narrowing down your content to a specific audience. Check the needs, pain points, and interests of the people that you intend to speak to.

3. Choose Your Tone

Your content may need to resonate with the specific audience. One of the best ways to do it is to choose the right voice for your blog. Depending on your blogging goals, your tone can be witty, friendly, and informational, or perhaps serious and formal.

4. Create Goals for Your Blogsite

The next step would be to set specific goals and targets for your entrepreneur blog. You need to come up with clear, concise, and realistic targets to run after. Are you looking to drive traffic? Boost sales? Create an email list? Draft goals for your blogging and chase after them.

5. Craft Quality Content

The success of your tech entrepreneur blog pegs heavily on offering value to your readers. 77% of internet users read content on a website to gauge the authenticity of the business. Conduct proper keyword research for your blog posts. Increase engagement by including interactive visuals such as images, videos, and infographics.

6. Measure Your Success

Building a tech entrepreneur blog can only be regarded as a success only if you have the numbers to prove it. Web platforms contain a variety of analytical tools that help you track a variety of metrics that indicate if you meet your blogging goals.

7. Plan for Content Promotion

It is just not enough to craft engaging content on essential tips for entrepreneurs. You may need to work on exposing your content to the right audience. You can push the content you create through your social media pages. Try to get more readers and build online authority.

8. Craft an Effective Call-To-Action

As you keep your readers to the end, you may need to urge them to take specific actions as you conclude. A single, simple call-to-action may help steer your readers to the function of the blog. You can ask them to download a free report, sign up for emails, buy a product, or leave a comment.

A business blog is an essential ingredient for the success of any tech entrepreneur. Raffy Pendery can help you establish a robust online business as a digital entrepreneur. His expertise in content marketing can help you achieve success.

How To Become a Tech Entreprenuer

Sep 8, 2020

If you are wondering how to become a tech entrepreneur there are some simple steps you can take today that will get you on the right path. Learning about avoiding entrepreneur mistakes that are common, and how finding a business partner can make the process easier, starts with following a few tips.

Learning how to become a tech entrepreneur is a little different than taking on other entrepreneur journeys. Getting started in the tech industry is a little different than getting started with say a franchise. The right support, and some guidance can make a world of difference.

The Right Connections

Like other entrepreneur opportunities, the first thing you should think about when you are thinking about how to become a tech entrepreneur is who you will network with, and where you will get your guidance.

How to become a tech entrepreneur, is like becoming any other type entrepreneur, you have to start with research which includes creating a network of support. An entrepreneur blog can help you to find a mentor, gather information, and learn from other peoples mistakes.

Some of the best entrepreneur tips are focused on learning more about the industry and finding a business partner that complements your skillset. No one builds a business completely alone. They learn from other people and have a support team that can patch in their skill set where the entrepreneur’s skill set in lacking.

You Have to Have a Plan

One of the biggest entrepreneur mistakes is to not have a plan. Having a plan will make it easier to find success. Planning your investment boundaries, what it will take to bring the product to the market, and what type of support you will.

It is especially important in the early stages that you put a plan in place. It can be easy to get in over your head, but a plan can go a long way in keeping your grounded. Getting support in the early stages is also a good idea to help formulate your plan.

Jumping into entrepreneurship without a road map is not the best way to go about the business of how to become a tech entrepreneur. The right amount of research, getting support from people that have experienced, and following a plan can help you to find the success that you want.

5 Ways For Entrepreneurs to Successfully Build An Online Business

Aug 18, 2020

Starting an online business from the ground up can be a daunting task. Online Entrepreneurs need to be extremely dedicated to their niche and research every piece of information possible. Becoming an entrepreneur takes a great deal of time and dedication, as only around 15 million American entrepreneurs are self-employed, however, numbers show an increase in digital entrepreneurs nationwide. Here are some tips for entrepreneurs aspiring to create a successful online business.

5 Ways For Entrepreneurs to Successfully Build An Online Business

Choose A Profitable Niche

Choosing a profitable niche is crucial in the world of online marketing. Before choosing a niche, carefully research the subject and educate yourself on which affiliate products are available, and what the current EPMV is for on site ads regarding the niche in question.

Educate Yourself About Search Engine Optimization (SEO)

SEO is one of the most crucial aspects of becoming successful in any online business. SEO is the process of optimizing your website for search engines such as Google. This is important because the better your SEO knowledge, the greater chance your website will have high search engine rankings, therefore driving more traffic to your site

Know WordPress Like The Back of Your Hand

WordPress is one of the most popular interfaces for creating and editing websites, as its versatility is unmatched by any of its competitors. WordPress is a versatile, open-source software, with various themes and plugins to further optimize your website until it suits the needs of your business.

Content Is Your Friend

There is a saying in the world of online businesses, “content is king”, and this couldn’t be more true. Website content is the sole driver of traffic to your website or blog, as more content equals more visitors to your site. Quality SEO optimized content is the key to success in any online business and is sure to provide high conversions for your blog. Many entrepreneurs, such as Raffy Pendery, start entrepreneur blogs, providing quality content for aspiring entrepreneurs worldwide.

Avoiding Entrepreneur Mistakes

Throughout your journey as an entrepreneur, it is critical that you avoid some common mistakes. Some of the most prominent mistakes online entrepreneurs encounter is not writing enough content. In order to increase traffic on your blog, it is crucial to post content multiple times daily, whether it is written yourself or through a writing service. Search engines, such as Google, also prefer to see posts often, as it displays to the algorithm that your online business is a reputable, up-to-date source of information.

Another common mistake made by the digital entrepreneur is a lack of long-form content. Long-form content is usually content in excess of 1,200 words, and is oftentimes the backbone of your website, as these posts usually receive the most traffic. These posts take longer to write and are more in-depth than short-form content. Various examples of long-form content are available on the blog curated by entrepreneur Raffy Pendery.

Entering the world of digital entrepreneurship can be daunting, however, with the tools provided by Raffy Pendery, and his expertise on the subject, online marketing will soon become clear, and you will be headed towards success in all endeavors.

Become a Better Business Owner by Learning How to Effectively Speak in Public

Aug 11, 2020

Are you nervous or afraid to speak in public? Nearly 58% to 64% of lawyers are introverts and have high anxiety in regard to speaking publicly. The same goes for many business owners, they have a fear of speaking in public. Many business owners may find that they need to present a positive image to prospective customers.

Consumers want to know who they are paying for products and services too. It takes a certain set of skills to understand how to relate to people and speak in public successfully. In fact, common entrepreneur mistakes start with not understanding how to better market themselves via public speaking within the United States and internationally.

Rafferty Pendery is an international speaker capable of assisting your business. His solutions when it comes to public speaking help you better market your business and create a positive presence online and offline. In fact, using advice and entrepreneur tips from Rafferty Pendery is perfect for avoiding entrepreneur mistakes that could otherwise set your business back a step or two. While there are many things to learn from Rafferty Pendery, learning how to become a confident public speaker truly benefits your business as a top perk.

Rafferty Pendery Points Out How Public Speaking Benefits Business Owners

Whether you are expected to speak in public in the United States or become an international public speaker, there are a few reasons public speaking helps businesses. Who better to speak about your business to the public than you? Speaking in public simply builds your reputation as an authority and expert in your organization’s industry. It assists in boosting your reputation among potential clients and customers. You are also essentially building your brand. The more you speak publicly, the more the name of your business is expressed locally and internationally. Building awareness for your organization is always a good move.

Being able to speak in public also enhances confidence as well as sales skills. You need more than just salespeople to promote your company. The business owner plays an integral aspect in selling products and services to consumers around the world. Do you find that you aren’t comfortable engaging, selling, or speaking with others? Rafferty Pendery offers the assistance you want when it comes to learning how to speak in public.

Practice Makes Perfect

When it comes to speaking in public, one of the best things you can do is practice. Practice speaking in public locally and work your way up to state-wide, out of state, and then out of the country. This is an aspect that tends to be ignored. The more you speak in public, no matter where it is, the better your skills are going to become. It also helps when it comes to defeating speech anxiety. Make as many public speeches as you can closer to home in order to fully tackle speech anxiety on an international level.

Become Prepared to Speak Internationally

A huge mistake a lot of business owners make is not considering how important it is to speak internationally. International speaking may not even be a goal for some business owners, but it should at least be a long-term goal. Do you want to miss out on any opportunity to expand and grow your business? Keep in mind that you will want to start learning everything you can about speaking in public internationally. Learn from people who have already helped other business owners when it comes to obtaining the necessary skills for public speaking.

Do you fully know the foreign language you need to be able to understand and speak for the country you are going to visit? Marketing your business internationally requires that you practice the language for the country you are going to visit. Learn basic words and phrases then work your way up. Knowing the local language will help you better navigate the area and connect more with people. The more you’re able to fluently speak a foreign language, the more sought after you will become, as an international speaker.

Tech Entrepreneur Advice On Getting Started

Jul 10, 2020

Becoming a tech entrepreneur partner is still one of the best ways to find success as a tech entrepreneur. If you missed the first great wave of successful tech entrepreneurs, you still have plenty of time to find the success that you are searching for within the tech industry.

By following a few simple suggestions you can avoid most of the common entrepreneur mistakes and get the ROI that you are hoping for. Your first step as a tech entrepreneur partner is to find the right people to partner with.

Did I Miss The Wave?

In the late 1990s through the early 2000s the tech industry was really booming. Many of the familiar names in the tech industry were born during this period. Many entrepreneurs worry that they may have missed the boom and it may be too late to become a tech entrepreneur partner. The fact is there is no better time than right now to get into the industry.

It was risky business investing in tech industries in the early days, today it is a much safer environment because it is well established, and presents with much less risk. Of course, the same advice holds true when it comes to how to become a tech entrepreneur now as it did in the early days:

  • Find a tech entrepreneur partner that shares a similar vision as your own. Working with partners can be difficult if you are not on the same page with the same vision.
  • Plan on staying the course. Consider being a tech entrepreneur a long term commitment. If you are able to generate a nice ROI quickly great, but more likely you will have to stick around for a while.
  • The old saying if it sounds too good to be true it isn’t, may not apply. As a tech entrepreneur partner, you have to be a bit of a dreamer sometimes.

We have all heard the stories about the overnight millionaires in the tech industry, but the fact is, even those companies that took their business public and made a ton of cash, had to put in a lot of hard work to get there. Slow and steady typically wins the race when it comes to any type of investment including tech.

The best tech entrepreneur advice you ever hear is if you believe in it, stick with it. Every tech entrepreneur before you will tell you that to get to where they are they had to overcome a lot of doubt and make the decision to stick with their plan.

5 Tips for Avoiding Common Entrepreneur Mistakes

Jun 16, 2020

Avoiding common entrepreneur mistakes when you’re just getting started can be a challenge. It seems like there’s so much to know and so little time to learn it all before you need to get your startup off the ground. When it comes to providing tech entrepreneur resources or entrepreneur tips that will help your business succeed, we’ve got you covered. Consider some of these as ways to avoid the most common entrepreneur mistakes.

Don’t Be Afraid to Try Something New

Over 40% of new entrepreneurs in the United States are women, according to data from Kauffman. Women-owned and supported businesses are growing at twice the rate of male-owned businesses. It’s never a bad time to try something new because there’s always a chance that you’ll change the world or at least inspire others to join you.

Have a Business Plan

There are so many tech entrepreneur resources available for entrepreneurs who want to make their mark in the tech industry. However, if you fail to plan out your business model and strategy, you’ve hurt yourself from the start. Take some time to plan out your business so that you know your mission and what drives your business to be better.

Know Where the Money Is

It’s always smart to cultivate investors for your startup so that you know how you’re going to finance your business. You have to think about how you’re going to pay salaries, get insurance, expense company essentials, and more. The more you understand about your company’s cash flow, the better you’ll be prepared for a rainy day.

Build Your Company Culture

More and more companies are beginning to work from home permanently as company cultures across the world adapt. You have to decide what kind of company culture you’re going to foster at your business. What kind of legacy do you want to communicate with your employees? It doesn’t matter if you have two employees or twenty; you need to know what the culture will be from day one so that everyone starts off on the right foot.

Find the Right Partners

You can’t do everything on your own. Sometimes, utilizing tech entrepreneur resources isn’t enough. You owe it yourself to spend time finding a business partner who will work with you and help you carry the responsibility of your business. Looking for more tech entrepreneur advice? Contact our team today to get started.

Avoid These Entreprenuer Mistakes

May 15, 2020

There are many common entrepreneur mistakes that can take your business out before it ever gets off the ground. Following some simple entrepreneur tips on avoiding these mistakes can help you move past some of the rough patches that come with starting your own business.

 

Every entrepreneur will run into obstacles. It is largely unavoidable to avoid some hiccups, but give yourself a fighting chance by following these entrepreneur tips.

 

Work On Your Patience

 

Rome was not built in a day, and neither will your business be built in a day. Don’t believe the hype about overnight success. The fact is, building a business is hard work. For example, before Bill Gates became BILL GATES, there was about 11 years of hard work and failure.

 

Of course, there will be plenty of successes along the way, but typically “overnight success” takes about 6 years of really hard work. Slow and steady wins the race every time with startups. How can you track your progress and avoid being discouraged? Use a goal list. Setup realistic milestone goals. Tick off the goals as you meet them, all the while plowing through towards the next goal.

 

Many entrepreneurs go into the project thinking it will be easy because they have heard so much about overnight success, but all you need to do is visit an entrepreneur blog to see that success comes in stages and it is never overnight. Be patient, and keep moving forward.

 

Ask For Help and Advice When You Need It

 

Another one of the big entrepreneur mistakes is not getting help when you need it or asking for advice than not following it. There are many successful entrepreneurs out there that are ready, willing and able to share their experience and provide advice. Of course, you have to take the advice and apply it.

 

You may want to do things your way, but you should always be open to listening to other ways as well. You have to know when to hang tight to your plan and when to make some wiggle room for change.

 

If you need some help, there is no shame in asking for it. No one becomes a success without help from other people. There is nothing wrong with tapping into someone’s expertise for the betterment of your plan.

 

Learn To Communicate Well

 

Establishing yourself in your field as an expert means being able to communicate your ideas effectively. It is estimated that three out of four people suffer from speech anxiety. If you are one of the three, take a class, and do what you need to, to get past it.

 

Initially you may not be addressing the graduating class of 2021 at your old alma mater but you will have to speak to rooms full of people to sell your idea, get financing, and lead your team to success.