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We all know it can be a roller-coaster of a ride being an entrepreneur, so having the right support from your family can be critical. On the flip side, it is also critical to find the right balance between dedicating time to your business and dedicating time to your loved ones. Failure to do so can lead to unhappy endings where relationships break down. So, if your objective as an entrepreneur is to create a better life for yourself and your family, managing these two crucial forces becomes...
How often do you take time out of the day-to-day of running your business to take stock of the changes in your marketplace? Some of us may attend an annual conference or read the industry press which will, from time to time, remind us of the changes that the industry is currently undergoing such as new entrants, acquisitions and new products or services offered by your competitors. Although the news can sometimes be hard to swallow, often it can also be reassuring
So you've had a great idea for a business. You've done your research and you've set up your home office. But now what? How do you make it through year one? How do you make it to years three and five without becoming just another statistic on how many companies fail within their first years of trading?