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In my view as a long-time business advisor, this problem is driving a new entrepreneur age, with the lure of doing what you love, and loving what you do. Employee engagement is a measure of emotional commitment, leading to work focus, which translates to productivity, satisfaction and happiness. No one is happy or satisfied.
I believe the days of the “job work” mentality are thankfully waning, with more people looking to get satisfaction by making the world a better place, rather than just tolerating brain-numbing work to fund enjoyment elsewhere. Thus a record number of entrepreneurs (and team members) are getting rich.
You’ve probably already made your resolutions for 2017, but if not, I suggest a renewed commitment to finding happiness and satisfaction in your chosen business lifestyle. If you haven’t tried it, one way to be happier at work is to be an entrepreneur, according to a Forbes article and a study by Babson College.
I believe the days of the “job work” mentality are thankfully waning, with more people looking to get satisfaction by making the world a better place, rather than just tolerating brain-numbing work to fund enjoyment elsewhere. Thus a record number of entrepreneurs (and team members) are getting rich.
Could you survive and flourish as an entrepreneur, or should you be satisfied working for someone else? Real entrepreneurs are so busy chasing the dream and building out ideas to change the world, that they see failure only as a learning experience in more tightly focusing their effort. Their passion makes them immune to failure.
In addition, like an entrepreneur with a new business, you have to factor in all the indirect costs previously covered by employers, including training, health care, and time off for vacations. In fact, thinking like an entrepreneur is a good strategy today for success, even if you are currently in a long-term employment situation.
Every entrepreneur I know has a few bad habits they intended to overcome a long time ago, such as micromanaging, or failure to get enough rest and relaxation. In my role as a mentor to entrepreneurs, I often recommend attacking bad habits and efforts to improve using the six basic strategies outlined by the authors. It worked for me.
In my experience as an advisor and mentor to entrepreneurs in business, one of the biggest failures I see is a lack of self-leadership. For example, I often hear from aspiring entrepreneurs that “I had that idea first, and he stole it, and is now making money on my idea.” Build your character and reputation with personal values.
Today I find that some entrepreneurs, are putting all their focus on a social or environmental cause, and perhaps naively expect that purpose alone will lead to a sustainable business. Part of employee satisfaction is having a well-understood purpose, but they also have to enjoy the execution. Measure employee and customer engagement.
It seems like every day I hear from an aspiring entrepreneur who doesn’t know where to start, or doesn’t have the time or expertise for all the mechanics of starting a business based on their great idea. For the entrepreneur who wants to found a high-growth venture, it makes the startup process a single click. Really, really tough.
Real leaders improve the readiness, training, and preparation for these events, so that circumstances are not a source of pain, but are expected and can be accomplished with personal satisfaction. The personal preferences and ego of anyone in the company has little to do long-term business success and satisfaction.
New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. Then there is the follow-up to provide customer support and satisfaction. Entrepreneurs who can’t communicate specific activities are not ready for funding. Key partners.
They flocked to businesses like Apple, when influencer Steve Jobs was at the helm, and anxiously await the next moves from visible entrepreneurs, including Mark Zuckerberg and Elon Musk. Entrepreneurs who are clearly willing to give as well as take in business become influencers because people feel the urge to reciprocate.
Most entrepreneurs relish being their own boss, but find the transition to “ownership thinking” to be more difficult than anticipated. Incidentally, if you never thought of yourself as being an A-Player employee, you probably will struggle even more in the competitive entrepreneur world.
Their experience as executive coaches and entrepreneurs gives real credibility to their assessment of some new leadership approaches that are required in business today. Marty Zwilling First published on Huffington Post on 10/06/2017. Benton and Kylie Wright-Ford.
I have found that the most successful entrepreneurs and business executives have an impressive work ethic, and they surround themselves with a team of comparable commitment. Marty Zwilling First published on Inc.com on 01/05/2017. Starting and running a business is hard. Business is more about people than product.
On the other hand, I often hear from “wanna-be” entrepreneurs who dream of being their own boss, and working their own hours by running their own business. Gets satisfaction from solving business challenges. Entrepreneurs need to be flexible, and assume there will be long working hours. That’s commitment.
As an advisor to startups, and a mentor to many aspiring entrepreneurs, I’m still surprised at the number who are determined to go it alone. Thus top entrepreneurs spend as much time getting the right team in place to run the business as building the product or service. It’s your success and satisfaction that’s really at stake.
Each time I mentor an entrepreneur, I learn new things about their technology, customers, and business domain. Those who extend a helping hand to others always have much to gain, in business as well as their own personal satisfaction. Marty Zwilling First published on Inc.com on 05/02/2017.
Here are some key ones that I recommend, based on my experience in business, and my many years as an advisor to entrepreneurs: Choose a name that works across the Internet and the world. Marty Zwilling First published on Inc.com on 04/20/2017. How many of these strategies are you following today?
Many business executives and entrepreneurs I know are convinced that business success is all about having the right solution for the right price. Takers can never get satisfaction, and they antagonize those around them. Marty Zwilling First published on Inc.com on 08/02/2017. Only givers build self-esteem.
As an advisor to new entrepreneurs and new ventures, I’m seeing a refreshing new focus by Millennials on work and successful new companies with a purpose, and more productivity through happy employees. It’s up to you, as well as your company, to stimulate that sense of meaning in your work that leads to satisfaction on both sides.
Most often, these people are the ones who keep detailed task checklists, and get great satisfaction from crossing off each item as it is completed. These are the business professionals who have a natural default mode of starting immediately on every task, with the goal of finishing early for extra credit and extra satisfaction.
A key part of her message that resonated with me, as a mentor to entrepreneurs, is her guidance on how to deal with the constant demands and requests that every business founder faces. Marty Zwilling First published on Huffington Post on 07/20/2017. That’s the best way to enjoy work and life.
New and better technology is becoming available every day to present dashboards and metrics to show how well processes and empowerment are working, assess workload backlogs, and capture customer feedback and satisfaction. Marty Zwilling First published on Inc.com on 12/26/2017.
In reality, business success and satisfaction is about doing the right things at the right time, which requires leadership and coaching. Trevor is a veteran coach who has helped hundreds of entrepreneurs, organizations, and business families across the country. Marty Zwilling First published on Inc.com on 09/07/2017.
As a long-time business advisor and entrepreneur mentor, I see this problem all too often. Many people find great satisfaction in just checking off completed items. Marty Zwilling First published on Inc.com on 01/09/2017. Otherwise, your business and your career suffers, and you may never even see it coming.
Ironically, the most common desire I hear from entrepreneurs selling wholly online, is the need for their entry into retail, as the next step in their growth strategy. Count the number of new projects, time and resources required to implement, and measure the return in revenue, customer satisfaction, or cost savings.
Use this opportunity to validate their satisfaction and support for your company and your solution. Marty Zwilling First published on Inc.com on 12/05/2017. It’s fair for you to ask for a few slides from each in advance, and make sure the overall story is complete and consistent. Update reference customers, partners, and vendors.
Let them go to find a better fit, with real job satisfaction. Marty Zwilling First published on Inc.com on 06/19/2017. Extending their time in that situation is not compassionate, diminishes self-esteem, and the stress often causes health problems. Don’t chase hearsay, rumors, or gossip.
These have voracious appetites for new knowledge and self-development, and can inspire other team members to look outside the box for new levels of performance and satisfaction. Marty Zwilling First published on Inc.com on 04/11/2017. Life-long learners make great coaches. Inspiration is the best teacher.
As an advisor to early-stage entrepreneurs, I see a lot of dreams, but not so many business results. I’ve always wished I had a magic metaphor to motivate the best dreamers to become the best entrepreneurs. There is no cookie-cutter route to success as an entrepreneur. Venture where no business has gone before.
As a long-time mentor and advisor to new business owners, I can attest to both the need for mentoring, and the satisfaction that comes from watching an aspiring but tentative entrepreneur grow into someone capable of changing the world. It’s a win-win situation for everyone in this new age of the entrepreneur.
Every aspiring entrepreneur would love to be the next Mark Zuckerberg or Jeff Bezos, but most have no idea what really sets these guys apart from all the rest. In reality, most great entrepreneurs find these necessary, but not sufficient for the big win. Self-control beats passion for long term satisfaction.
Many aspiring entrepreneurs are jealous of inventors, thinking that new inventions are the key to new ventures. The best entrepreneurs wear their failures like badges of courage. Good business people learn from every setback and find strength and satisfaction from overcoming or dodging challenges they didn’t create.
In my role as an advisor to entrepreneurs and new businesses, I often get asked to critique an idea, but rarely get asked to comment on an implementation plan, or execution actions to date. In fact, most entrepreneurs tell me they learned more from people mistakes than successes. Execution trumps everything in a new business.
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