Traditional planning requires you to predict the future. Entrepreneurs know it’s impossible. You have to create your future.
Twelve months from now, how will the economy be doing?
Where will interest rates be?
If you can’t answer with confidence, you’re not alone.
The problem with planning
It highlights the problem with planning – more specifically, the kind of planning we learned in school:
Traditional planning requires you to predict the future.
But how can you predict the future when the world changes so fast?
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44 Resources for Women Entrepreneurs
/0 Comments/in Business Development /by George Krueger & Mary-Lynn FosterIn honor of Women’s Small Business Month, the U.S. Small Business Administration hosted a Twitter chat to share tips and resources for women entrepreneurs.
We were honored to be among the organizations and individuals invited to participate in the #SBAchat, who are dedicated to helping small businesses succeed. Below are some highlights from the chat, plus some great resources for women entrepreneurs.
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Employee vs Entrepreneur – Which is Riskier?
/0 Comments/in Professional Development /by George Krueger & Mary-Lynn FosterConventional wisdom holds that entrepreneurs take more risk than employees. It may have been the case in past, but is it still true today?
We’re thinking about the things they don’t teach you in school. For example, most people assume that it’s less risky to be an employee, rather than an entrepreneur. Are they wrong?
Entrepreneurs are masters at minimizing risk. But do they take less risk than an employee?
You may say, “Of course not.” But let’s not be hasty…
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How to Advance Your Career More Quickly
/0 Comments/in Professional Development /by George Krueger & Mary-Lynn FosterAdvance your career by using leverage, one of the most powerful tools in your toolkit. In this post, we’ll share five ways this tool can help you reach BIGG success faster.
Podcast: Play in new window | Download
Leverage is the entrepreneur’s friend. It can help you do more with less.
And you can use it, even if you never plan to own a business.
Most people think of leverage with money, but that’s just part of it. We’re going to share things they don’t teach you in school.
Here are five ways to use leverage to advance your career:
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Create Your Future
/0 Comments/in Personal Development /by George Krueger & Mary-Lynn FosterTraditional planning requires you to predict the future. Entrepreneurs know it’s impossible. You have to create your future.
Twelve months from now, how will the economy be doing?
Where will interest rates be?
If you can’t answer with confidence, you’re not alone.
The problem with planning
It highlights the problem with planning – more specifically, the kind of planning we learned in school:
Traditional planning requires you to predict the future.
But how can you predict the future when the world changes so fast?
Read more
3 Ways Entrepreneurs Risk Less Than You Think
/0 Comments/in Personal Development /by George Krueger & Mary-Lynn FosterContrary to myth, entrepreneurs are able to do BIGG things without losing their shirt. Whether you’re a business owner or not, you can profit from the 3 S’s of entrepreneurial risk management.
Most people think entrepreneurs are risk lovers.
But is it a myth?
Yes!
Entrepreneurs are NOT risk lovers. They are, however, great risk managers.
Today, we want to talk about three ways entrepreneurs manage risk.
Click the player to hear The Professor & Mary-Lynn’s podcast version of this post.
Podcast: Play in new window | Download
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