article thumbnail

7 Ethical Fictions Lead Many New Entrepreneurs Astray

Startup Professionals Musings

New entrepreneurs tend to focus only on getting the product right, and assume that the right culture and ethics will come later simply by hiring good people. In fact, they need an early focus on developing their moral compass, as well as setting the right ethical tone.

article thumbnail

How This Entrepreneur Raised $28,000 Using Airbnb to Fund Her Startup

Both Sides of the Table

She actually IS the prototypical entrepreneur. But Tracy did what entrepreneurs do. In one year of Airbnb Tracy netted more than $28,000. Tracy studied SEOMoz and several other online sources of SEO tips. Sam is the managing director of Launchpad LA and we were about to pick our 2012 class of entrepreneurs.

Startup 363
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Success Drivers Define A Lifestyle Entrepreneur

Startup Professionals Musings

More recently, the desire for extra income has become the key driver in new startups, according to a 2015 study. Being called a lifestyle entrepreneur should be a point of pride, not an insult. Of course, even lifestyle entrepreneurs want to be happy, and want their business to be “successful.” According to William R.

article thumbnail

5 Secrets That Make Jeff Bezos The Leader Of The Pack

Startup Professionals Musings

Jeff Bezos is one of the world’s most admired entrepreneurs, primarily because of his humble style and his growth from a regular person background to a current net worth in the neighborhood of $200 billion dollars. Significant inventions always take time, and involve failed experiments, causing negative short-term business results.

Slides 137
article thumbnail

Business 2015 - Optimism, But Upgrade Your Strategy

Startup Professionals Musings

According to earlier studies from Forbes Insights , many entrepreneurs and small businesses not only feel the lessons learned during the past few years have helped them survive, but the recession also exposed flaws in their business strategies that they were able to fix. 2015 business optimism entrepreneur strategy'

Study 102
article thumbnail

Inventor Or Innovator – Which Are You?

InfoChachkie

He freely shared his ideas and technology with others in the hopes that such openness would advance his scientific field of study. Some first-time entrepreneurs mistakenly believe that they are not entrepreneurs because they have never invented anything nor have they come up with a novel idea upon which a company could be built.

Ideas 221
article thumbnail

A Serial Entrepreneur’s Take On Guy Kawasaki’s Enchantment

InfoChachkie

Although many are entertaining, most fail to provide entrepreneurs with a sufficient return on their time investment. Unfortunately, most business books do not offer entrepreneurs an adequate payoff. The brief chapters lend themselves to multiple sittings, allowing a busy entrepreneur to read each chapter in short increments.