How to Become an Entrepreneur?

Maybe you are already a successful entrepreneur and maybe you are not even considering becoming one. I will share with you my own story.

Well, not long ago, about a year ago, I was working 16 hours a day, fighting to make a living. In fact, when I started as an online marketer, it took me 2 months, only to make my first $30. It was tough…

I believe you need 3 things in order to succeed as an entrepreneur in any field. It doesn’t matter if you want to build your online business or you are going to open a coffee shop- The principals remain the same to my opinion.

First Thing You need is persistence. Jim Rohn said it so well: “Resolve is promising to yourself, you will never give up”. A long the way, you will find many good reasons to quit. However, if you are really determined- they won’t matter so much.
When I worked around the clock and could barely make a living, friends and relatives constantly told me I should quit. I had only one thing on mind- If other people I knew, could reach the goals that I had and it has been done before, I can do it too (It’s only a question of time and persistence).
So how can you convince yourself to keep moving forward, when success seems so far away? Well, I love Thomas Edison famous quote, that articulate it so well: “If I find 10,000 ways something won’t work, I haven’t failed. I am not discouraged, because every wrong attempt discarded is another step forward”.

You need Passion for what you do. When you love what you do– it won’t seem as work at all. Passion will help you to grow your business and look for more ways to strengthen it. When you have many solid pillars to sustain your business, you will be more successful.

And last – you must have Faith. All of this is not possible without faith and positive thinking. You need to believe that you can reach your goals and that you deserve the best in life. Low self-esteem can many times damage your faith. When you feel worthy of your goals, you will have faith in yourself and you are more likely to reach your destination.

For conclusion, I wish you happiness and success.

What I Try To Do Every Day

Well, it’s late. I have just came back home, after a long day. In this post I want to mention a few things I try to do every single day. Here it goes…

Physical exercise- yes, I try to train every day. It can be running for half an hour or maybe punching the boxing bag in my office. I love doing sports and I feel a lot more energized after a good exercise. I do different kind of activities and I usually do it with other friends, so I won’t get bored (it is also a great way to stay in touch with your friends and have fun while exercising).

Writing in my Journal- I take 15 to 30 minutes each day to think and write. I use my journal and I think how I can improve myself. I go over the thoughts I had and the events I experienced during the day. Then I sometimes write some of the thoughts I had, that are causing me to worry, fear or not believe in myself. I analyze the thoughts and write a different way of seeing things, next to each thought that is putting me down. The “new thought” that I write is a new logical and positive way to view a certain situation. By doing this process I try to adopt more positive thinking habits.

Having fun- it’s important! It can also be little things- seeing friends, catching a movie or whatever is on my mind. The important thing is to get the daily portion, no matter how small it is:) Recently, I got back from a diving safari in the red sea. It was 3 intense days of diving and it was great. When getting back to work, I felt energized and motivated, it was definitely worth it.

Working- for a few hours each day I work. Being self-employed gives me the option to set my own working hours. Sometimes I work more hours and sometimes less, But I am very goal oriented and I don’t remove my eyes from my goal boards in my office. I try to do my work when I feel more creative and efficient. When I am not, than I usually go over to some other activities. I don’t force myself to work when I am not effective- it’s one of my working guidelines.

That’s it… Except from that I do more things, But the ones listed above are the essentials. Thanks for reading.

 

I Am Not Perfect

Well, the last week was quite enlightening for me. After struggling with my business in the last two months, I realized that I can’t always make things happen. I worked a lot during those months, but my income went downhill. Facing my own fears in the past week and admitting that my business model wasn’t as good as I thought it was, gave me a great sense of relief. Where it all started form?

As you know, I have started my entrepreneurship road in the last two years. I am an online marketer and being self-employed, gave me a lot of insights. Some of those insights have become very clear to me this week. One of the main reasons that my income went down, is forgetting where it all started from. Once, when I began I wanted to build a stable business model, that will give value to other people and will make me a stable profit (that will gradually increase). However, a few opportunities to make a high profit, which was short term, got me out of my track. I succeeded to make money in those opportunities, but my mistake was (which is a pretty natural one) that I began chasing those opportunities. I wanted to make more profits and fast- I didn’t thought long term. The result wasn’t late to come- I have left with almost no profit at all in the last month. But, wait…

Well, the story is an optimistic one  . After admitting my mistakes in the last week and facing my fear that it might be that there is no future in my business, I felt like a rock got off my chest. When I told my friends and family about my mistakes, I felt even better- I felt that it is totally fine to be wrong sometimes (I am not perfect after all…  ). So what is the optimistic side?

Besides from sharing my mistakes and feeling good about it, I have begun thinking on new business models that will sustain for more time. I actually feel quite optimistic and it seems that things will work out. The lessons I got on the way, were definitely worth it. Now I realize that challenging times will come, but planning ahead will make them a lot easier next time.

 

Should You Leave Your Day Job?

Not long ago, I had a 9 to 5 job. Everything was good, but something was missing. Since November last year I am self-employed and I am loving it (even though there are many challenges). In this post I will give you some guidelines, that can help those of you who are interested in leaving their day job. Taking an entrepreneurship route is not for everyone. In fact, some will claim that only 1% of the population can succeed as self-employed. I think that it doesn’t matter if you think of leaving your day job or not- it’s always good to have a plan B ready to launch. Why should you read this post?

  • I don’t think you should leave your day job, But you should definitely know that there are more ways to earn money. If you can earn some money part time, while you work full time at your day job, you can gradually build a small fortune.
  • Confidence. I think it’s a key element in work and life. When you build more streams of income part time, you will be less worried from your financial state and you will generally feel more confident.
  • If you will ever hate your day job, this post might come out handy .

The guidelines to leaving your day job:

  1. Build a steady stream of income, while you are working at your day job. How to do that? Well, there are many ways to earn money part time. If you have a certain talent or a unique skill, I would probably think at that direction. However, if you don’t, in today’s economy and the rapid pace that everything is moving- I would focus on the Internet. How can you earn money online? There are serval ways- joining affiliate programs (if you don’t know what it means, you can read in this Wikipedia), blogging and more. If you are a beginner, I would recommend blogging on a subject you are passionate about. By getting a loyal audience of readers, you can gradually increase your income (that will come from putting advertisements and banner ads in your blog). Bear in mind that if you wish to earn money online, you will need to learn a few subjects- seo, html, css, ppc and more as the time goes by.
  2. Think long term. Some of the projects I did part time are very small, yet today they run on auto pilot. Each one of them gives me a little stream of income, but that is a steady income, that is added to each month’s earnings. You should think of things that can produce you some amount of money on a steady basis, with not much effort from your side. From that reason, I think that a good internet site, that truly gives value to its visitors, is like a good real estate piece. They both produce money each month on a steady basis. A good website that you own is a property and that’s good to remember.
  3. Go to work on your part time fortune. If you have a day job from 9 to 5 pm, you still have a lot of time to invest in developing your part time streams of income. You will gradually become better and better at your part time work. “Success is doing ordinary things extraordinary well” Jim Rohn.
  4. Really think of giving more value to other people. Think of the people that will gain from your new part time activity and make the best you can do. Zig Ziglar said it so well (this quote is hanged on my office door): “If you help enough people get what they want, you can have everything you want”.
  5. Don’t think of quitting your day job, before you can double your salary part time. Yes, you need to double it. When you can make significantly more money at your part time work, you will have some money saved on the side and a reasonable amount of confidence that you can make it on your own. Only when I doubled my salary, I thought of quitting my day job and I think that’s the only way to go.

Good luck!

Thinking Long Term – Building Assets

Well, a lot have happened for me lately. After I had a great few months in work, I had the worst 2 months of my career. I knew from the start, that being self-employed, had two sides. I can sometimes make a lot of profits and I can sometimes make none or even lose money. There is absolutely no guarantee… I wake up in the morning and I know that I’m the only one that is in charge of my performance, no one else, no boss, nothing.. When I am doing great it’s great, but when things are going wrong, I am the only one to blame.. Fortunately, every weak period, forces me to think what went wrong and how I can become better in the future. This period yielded some conclusions for me..

  1. Being focused– I love the famous saying “don’t count your chickens before they are hatched”. I think that being down to earth and to keep working diligently, no matter what, is the best antidote for weak periods in life/business. Weak periods will come in the future, that’s for sure, but being focused keeps them as short as possible.
  2. Being Humble– it is easy to brag, yet it’s a lot more challenging to consider your words and see if they are really useful. Even though I consider myself pretty humble most of the time, there were a few times when I bragged about my work and I regret those. I believe the saying “the tree that has the most fruit is the tree that bends to the ground”. I intend to implement it more in the future..
  3. Thinking long term and building assets.I think that having assets, that produce income whether you work or not, is a very important aspect in business. I know that in the last two months, even though they were not successful at all for me as far as my business went, I still had a little stream of income going in from a few assets I have (a couple of websites and services online). Building more assets is one of the ways to become more successful and I plan to keep doing so. I know it requires a lot of work, since every new project needs time and attention. However, I intend to keep planting seeds for the future.. In general, I believe in building assets, not just in business- I think that when you think long term you can benefit from it. I have goals written in my calendar for twenty years from now and I hope to achieve them. Some of them are financial, some of them concern my loved ones, some are related to my hobbies or to other causes that I see as worthy (for me it’s instructing Karate, to keep volunteering etc..). I just think that it’s good to think for the long term from time to time  . I love this quote “Don’t judge each day by the harvest you reap but by the seeds that you plant” Robert Louis Stevenson.

Are You Doing Your Best?

A good question to ponder is are you doing the best you can do. It’s good to ask yourself from time to time, are you really making the most out of your career, out of your relationships… Are you leaving a legacy behind you, are you doing the things that really matter to you? Taking the time to ponder on these questions, can yield a lot of benefits.

I guess that there are always some areas of life where you can stretch yourself more. Put more effort, challenge yourself. You might ask yourself why go through all this discomfort, why work so hard? Why try to be the best you can be at work? Why try to make the most out of your relationships with your close ones? Why go through all that effort? If you think about it for a second, Why not? That might be the best answer. This is the best time to do all the things that are really meaningful and important for you.

It’s a bit ironic that we might strive to become better and earn more money, only in the hope that our lives will become more comfortable. Comfort might be important for some extent, but it can’t bring us more happiness after a certain amount of it. We sometimes confuse comfort as some measure that defines the quality of our lives. Our happiness and our general well-being aren’t so effected from our level of comfort in life. In fact, it’s in the times that we are less comfortable that we tend to grow and develop. Those not so pleasant times can be the best times for our inner growth, for developing a better self-esteem and feeling generally happier. This is also why it’s important to challenge yourself all the time and not feeling too comfortable.

In conclusion, when you take one of your next breaks, take some time to ponder alone. Ask yourself some questions and take the time to think about them. You are not in a race, but you are definitely been given a rare opportunity to do what you want to do in life. So just take the time to see if you are doing what you really want and where you might improve things a little more. Good luck

Seeing the Bigger Picture

There are many boring little things that I find myself doing during the day. This post is dedicated to those boring moments, to those moments that are part of work but not the part I like.

There are better days in the office and there are worse. There are days where you are packed with enthusiasm trying to do something new and there are other times when you sit and do the same things you have been doing over and over in the past and you don’t particularly like. In a day like this, you might sit next to your desk at work and ask yourself why you do what you do. You might even ask yourself what is the meaning behind what you are doing? good questions, let’s try and answer them.

First of all, you need to know that those questions make the process of doing a job you don’t like much tougher. This is why it is important to resolve them and try to get them out of your system. When facing a boring task that makes it hard for you to get motivated, try to see the wider picture. Remind yourself that any business large or small has many tedious works that need to be done. When you keep in mind the big picture and you remind yourself that these boring tasks are the ones that lead you and the business to its goals, the task becomes more possible to manage.

You can also see the benefit and the value you bring to the world by doing your task. Maybe your work seems totally irrelevant and not important, but if you get paid it’s a good sign that you are adding value somewhere, you are helping someone, whether you see it or not when you sit next to your desk. If you try and focus on all the positive things that your work might yield, as boring and not meaningful it might seem at first glance, you can manage all the less pleasant times in your day much more easily.

For conclusion, seeing the bigger picture and trying to see the meaning in your work can serve you. It can motivate you to go to work when you are not too enthusiastic and it can help you pass less cheerful moments, which everyone has from time to time..