The “Founder’s Mentality”
The Founder’s Mentality Remember the days where you woke up excited, energized and optimistic about your business? When there was vitality, innovation and agility? Now you wake up, slump through your morning routine and drag into work to face all of your day’s challenges. There are endless meetings, approvals to sign, phone calls to answer and emails to reply to. And you wonder how this is any different than the corporate job you so readily avoided when you began your own company. The remedy? Bain & Company calls it the “Founder’s Mentality.” They teach: “Young disruptive...
Read MoreBoost Your Brain Power
Boost Your Brain Power The mind is a muscle and according to a recent article published in Success Magazine, our brains start to power down in our early 40s! I imagine that like me, everyone wants to hang on to that brain power and do whatever it takes to make that “mind muscle” work for you. Lets identify some of the things that contribute to this mind weakening and talk about how to avoid them. Contributors to diminished brain power: Frequently and quickly switching back and forth between tasks Over focusing, remembering every little detail The need to instantly respond to...
Read MoreMarket Disruption and How to Confront It
Market Disruption and How to Confront It So you’ve owned your business for five, ten maybe twenty years and things are going along just fine. Then suddenly a new way of doing things comes along. The internet, mobile devices, a new type of forklift that’s ten times lighter, but just as strong as yours—whatever it may be—and now things have changed. People don’t want to come to your office for an initial consultation, they want to pick you from your website, and now they want the work done twice as fast for the same cost. Welcome to the world of disruptive technologies—new developments...
Read MoreOptimistic Entrepreneurs
Optimistic Entrepreneurs San Diego is home to many optimistic entrepreneurs- why not join them! San Diego entrepreneur and San Diego business attorney Gary Quackenbush can help! According to a recent Union Tribune article, San Diego entrepreneurs have hit an all time high in optimism. The article references the Union Bank Small Business Economy Survey, a survey of 631 entrepreneurs on the West Coast. The survey found that overall, business owners have the most optimistic outlook since 2012 with nearly one third of surveyed entrepreneurs havaing hired new employees in 2014. Nine...
Read MoreEntrepreneur Tax Tip III: 5 Quick Tips to Get Ready Now!
Entrepreneur Tax Tip III: 5 Quick Tips to Get Ready Now! You may be confused as to why this post is coming out now that the tax deadline has passed. To that, we answer, 2013’s has passed, yes. But 2014’s is on its way! That’s why we’re going to give 5 quick tips, adopted from Amrik Andhawa, Entrepreneur columnist, to help next tax season go easier (full article here). 1. Get organized Amrik, entrepreneur and product developer himself, suggests having standardized formatting for invoices and other legal documents as well as designating a good place to keep necessary documents, more...
Read MoreEntrepreneur Tax Tip II: Meals
Entrepreneur Tax Tip II: Meals Meals can be a complicated deduction so we’re going to provide you with 5 tips for doing it right from small business expert, Barbara Weltman (see full article here). Only 50 percent is deductible “To be treated as a deductible cost at 50 percent, the meal must be directly related to the conduct of your business or the meal must directly precede or follow a substantial business discussion. For example, you’re trying to convince a prospect to do business with you in a meeting in your office. Following your presentation, you take the prospect...
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