entrepreneur coach

Advice To New Entrepreneurs

According to the Small Business Administration, there are over 28 million small businesses in the US, 80% of which are self-employed or solopreneurs.

Approximately 85% of small businesses will not make it past the first two years, and approximately 85% of small businesses have no business plan. That number is too close to be coincidence. Plan for success. I have started several small businesses, and the two that were most successful were the ones that I carefully planned from the beginning. As a business coach, I see the lack of planning from my clients so much that I created a series of free “Planning for Success” Webishops (webinar/workshops located at www.webishops.com) to help entrepreneurs understand the importance of planning for success. Of course, things never go according to plan. So planning for obstacles, and ways to get around them, can help you succeed that much more.

Introverts and Meetings

Large meeting are a great way to get noticed, in both good and bad ways.

There may be the easy going extrovert, happily pumping hands and making connections. The extrovert will be leaning forward in his chair, ready for an exchange of ideas to take place. Then there may be the introvert, backed against a wall, afraid someone will talk to them because they have no idea what they will say back. When the meeting actually starts, which usually takes a year or two, the introvert will sink into his chair, hoping he won’t be called upon. Too much external stimulation makes introverts shut down, but there are things that can be done when a quiet person needs to get his voice heard.
Try to get ahold of the meeting schedule beforehand. Or, send an email to the person who scheduled the meeting to see if you can get an idea of the topics that will be covered. As an introvert, you can use that information to plan ahead what you will talk about. And, since introverts process internally, this will give you time to come up with good ideas. The added benefit is that you will also feel (a bit) more comfortable during the meeting.

And keep a lookout for the #leadershipforintrovertsbook due out soon! Keep updated at www.leadershipintroverts.com.

Motivation

I’ll Get Motivated Later

Motivation is vitally important to success.

Success generally happens when a person gets unstuck, and it is the motivation to get unstuck that can start a person down the right path. But motivation itself will not make a person successful; it is taking action on that motivation. The reason why many people who go to a motivational seminar get pumped up, but three days later are no better off than they were is because they did not take action on the motivation.

So the next time you start to feel motivated, act on it. And determine what you can do to stay motivated so you can continue to take action. Did you see something on TV that gave you a great idea? Shut the TV off for a bit (no, you won’t die). Write your idea down, and write down three things you can do to work toward your idea.

THEN find one thing you can do within the next 24 hours to take action on that idea. Accomplishing one small task will give you a small win, and that may help you get motivated to work on the next task.

And be sure to watch the Success Planning Series of #Webishops at www.webishops.com.