Category: Entrepreneur School
The words entrepreneur and entrepreneurship have become really popular but also very few people know the exact definition and meaning of them. Often an entrepreneur is used instead of a businessman or a man/woman who starts a company and takes risks. But this is not correct! Nope… Let me try to throw some light on this popular word. In fact, the answer to the question “What is an entrepreneur?” seems to be not so trivial. But one thing is for sure, not every businessman is an entrepreneur. This is just like the apple – it’s a fruit but not all...
While I was browsing around the Internet, I came across another cool infographic, which shows 8 specifics for all successful entrepreneurs things. I think the following tips will be really helpful for any ambitious person and here I am publishing them here. I have read the stories of many self-made millionaires and billionaires, and I can conclude from this experience that the following facts apply really well to successful people. Here they are: 1. Never have a backup plan! 2. Work really hard, greatness comes from effort. 3. Pursue your goals. 4. Don’t try to be one of the herd,...
Below is a nice set of infographics, where you can see how some famous billionaires made their first billion dollars. Most of the richest people in the world were actually poor at the beginning of their lives, they are self-made billionaires. But how did they make their first billion dollars? Here is how Warren Buffett, Elon Musk, Lilliane Bettencourt, Oprah Winfrey, and Li-Ka-Shing did it. Below are the early stories of these people and the steps they made to their wealth. Buffett realized from a very young age that he will become an investor. He bought his first stock at...
Do You Need To Be More Confident In Yourself? Confidence is extremely important not only for running a successful business but also for living a successful life. Everybody at some point in her life has experienced some kind of lack of confidence, I am sure about that. Do you remember how were you feeling then? Speaking about myself, these were the most unfruitful moments of my life. If you are not confident you are constantly wondering and questioning if something is right or wrong. You become hesitant and feel uncertain about things, you even become more fearful and insecure. You...
How many times should you try to do something, if it is not successful on the first try? Here is an interesting point of view regarding this matter. It probably depends on what you are doing, maybe there is no general rule for every aspect of life? But in most cases when you want something achieved, the answer to the question of when to stop trying is … NEVER! You should never ever give up your dreams and you should reach them or die trying. The only way it’s 100% sure you will not get to where you want to...
This post will be really cool. On this interactive image, you can see advice for success from some of the most famous and prosperous entrepreneurs in the world. They are not only self-made billionaires but also they are the most successful ones. They are the big players in the game, and here they share their best principles, which they followed in their personal and business lives to become what they are. This is an amazing resource and source of motivation. Reading their advice, you can not only benefit from the experience they have, but you can also see what exactly...
What is branding? This word is widely used in everyday life, but the truth about it is that many people don’t really know what it means. Some people think that branding is a logo, a name, or even a slogan, but it’s actually more than a combination of all these. By the way, anyone does branding, no matter if she realizes it or not. It’s the image and ‘the feel’ you build in your customers while doing business with them. It’s a very broad thing, including everything that you want to do, or just do unintentionally, in order to effectively...
In the life of an entrepreneur, one day comes the moment for incorporating his/her activities. And then usually comes the question ‘How the heck do I do that?’ or ‘How to incorporate a business?’. What type of company would you use if you needed to do that? Would you form a C Corp or you would choose a sole proprietorship? Maybe founding a limited liabilities company (LLC)? What are the differences between all of these what would be the most appropriate for you? Someone may say: Damn, isn’t it enough that more than 90% of starting entrepreneurs fail, but now...
One of the riskiest and most consequential decisions that people have to make in life has to do with quitting a regular job and venturing out on their own. The risk is crystal clear. You are walking away from the security of a regular income job to a future of uncertainty and hope to wish for the best. Is there a perfect time to quit? Nada. Nope. Zilch. This is one of the things that you just have to do when you have to do it. Nevertheless, such a decision must not be made rashly. Ask yourself these questions when...
A really big percentage of people wake up every day and what do they do? They go to spend the rest of the day at work. And they find this completely normal for themselves. But have you ever thought about that how much of your life you spend working for others? Every day, day after day, the same thing happens – you go to work, spend there a lot of your time and then come back home to rest for a while, because you have to work the next day, too. But have you ever imagined what exactly part of...
