Friday Five

The Friday Five, Blogs That Matter – March 20, 2015

Blogs of Note for the Week Ending March 20, 2015

5 blogs that matterEvery day I learn something that advances my leadership knowledge and competency. Here are quotes from 5 blogs that got my attention this week. I don’t benefit from reposting any of these posts. Sometimes, I don’t even know the writer. However, I do read and personally grow my knowledge by reading posts that challenge my thinking and get me to think outside my old paradigm. It’s not important that you agree with any of these writers. It’s only important that you think. I hope you will find some new sources of inspiration with these posts. Here’s the next group of 5 in the series:

 

J.D. Harrison

No, entrepreneurs, most of you don’t need angel investors or venture capitalists

J D HarrisonAUSTIN, Texas–It’s understandable, perhaps even inevitable, to walk away from events like South by Southwest with the impression that entrepreneurs must persuade investors to write them a big fat check in order to succeed in today’s start-up world. In many cases, it’s as much about validation as it is the money and with some of the most renowned investors strolling the streets of Austin in search of hot new companies, you could be forgiven for assuming something must be wrong when a new company mentions it’s – gasp – self-funded.

Only, that simply isn’t true. Not by a long shot.

During an event in Austin on Monday, the Kauffman Foundation outlined research dispelling some of the most common myths that distort America’s idea of the business-building process, tops among them the notion that most successful start-ups raise money from outside investors.

Read the post…

 

Neil Patel

11 Things Every Entrepreneur Must Outsource to Survive

Neil PatelYou can’t do everything. You shouldn’t do everything. And if you try to do everything, you will die.

This is wisdom. I wish I could label it as some Chinese proverb, handed down by generations of wise sages. In reality, this is a lesson I learned in the crucible of entrepreneurship.

As an entrepreneur, you don’t have any extra time.

Every minute is crammed to capacity. Every day is scheduled to the hilt. Every moment has something–usually a lot of somethings–screaming for your attention.

How do you overcome this incredible challenge?

The solution is easy. Really easy. Simply do less.

How can you afford to do less? Outsource more

Read the post…

 

 

Thomas Oppong

Do You Have What It Takes To Successfully Run A Small Business?

Thomas OppongRegardless of whether the idea of running a business appeals to you, it doesn’t necessarily mean that you have what it takes to do it.

To make a success out of your business, you will need to put in lots of time and effort, as well as money from your own pocket. And even after all that, it can still take years to get your business up and running properly. That is why before starting your own business, you need to make sure that you have what it takes to be successful.

To learn more about what it takes to make a success out of a new business, keep reading below.

Are you a good multi-tasker?

Read the post …

 

 

Sue Grafton

An Idea’s Execution, Not Its Uniqueness, Yields Success

Sue GraftonI hate to rain on your parade, but your idea is not special. There are likely other entrepreneurs or companies with “your” idea, equally inspired to dominate the business world and to make millions.

And when your idea becomes a solid business generating lots of revenue, you can be sure that someone is just waiting to capitalize on your idea, too. In Silicon Valley, copycat companies are called “me-too” companies. You know them. For instance, once Groupon became popular, all sorts of me-too companies sprang up. According to a recent MSNBC.com report, over six hundred companies have the same business model as Groupon or a variation on it.

Despite the fact that your idea is not unique and thus for the taking, you can still boost your probability of success over your competitors. How? Focus on the execution of your idea and make it work better than anyone else on the planet.

Read the post…

 

Neal Schaffer

How to Write Your First Blog Post on the LinkedIn Publishing Platform

Neal SchafferAre you ready to take your first baby steps in publishing your voice on LinkedIn?

I’ve already blogged here on LinkedIn about how to use the LinkedIn publishing platform for various professional objectives as well as tips on how to write posts on LinkedIn that will get read. Now it’s time to roll up our collective sleeves and learn the mechanics of the platform itself.

First of all, not all of you have access to the LinkedIn publishing platform yet, and LinkedIn acknowledges that it will take awhile before everyone has access. I might have gotten access before or after you, but you will gain access sooner or later.

Read the post…

 

 

 

 

Hugh Ballou

The Transformational Leadership Strategist TM

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