entrepreneurs

Fear Robs Us of Greatness

Written by Jamie Irvine | 3-minute read

Fear is often referenced as the reason that a person did not take an entrepreneurial leap. With 80% of small businesses failing in the first 5 years and 96% of small businesses failing in the first 10 years I understand why people are hesitant to make the entrepreneurial leap. Michael Gerber author of the E-Myth – Revisited calls deciding to start your own business an “entrepreneurial seizure.”

Fear of failure is a powerful emotion that at times can be a positive reaction because it saves us from doing something foolish that will hurt us in the end. All too often fear of failure is used as an excuse to not take action and this kind of fear robs us of our potential. keep reading »

Why do Small Businesses need to take note of AI?

Contributed by Karthik Reddy

As a small business owner, you constantly hear about the “latest” advances in marketing. A few years ago, it was having a website. Then social media came on the scene. After that, everyone had to have an app.

 

Artificial intelligence is the latest “flavor of the month” and many companies, both large and small are jumping on the AI bandwagon. Chatbots are a great example of a practical application of AI, but there’s also virtual reality, like the HoloTech project and Microsoft, AI-augmented data analysis and much more. keep reading »

Talking to Potential Customers First

Written by Jamie Irvine | 4-minute read

Once you have established your over-arching life goals, designed a business model that will support your goals, and determined what differentiates your business from the competition it’s time to validate what you intend to sell to your customers.

This validation process should be done prior to starting a business but it can also be done after you have already launched your business. keep reading »