You’ve got a great idea. You’ve formulated a business plan and started to lay the groundwork for turning your idea into a profitable business. But is your idea protected?
When did getting in touch with someone become “pinging” them? And when did we stop following up and start “circling back?”
Today’s business environment is saturated with lingo that, while generally understood by most professionals, is trite and tedious. We polled our network of entrepreneurs to find out the most annoying pieces of business jargon and came up with this list of phrases to eliminate from your vocabulary.
Here at The Profitable Entrepreneur, we talk a lot about taking action: setting goals, increasing your productivity, squeezing more into your day, and so on. But sometimes the thing your business needs is the exact opposite of action. It’s patience.
Whether you’re making a formal presentation to a roomful of investors or just making small talk in an actual elevator, your elevator pitch could be the thing that opens the door to your next big opportunity.
We’ve all heard the old entrepreneurial wisdom like “it’s lonely at the top” and “lead by example.” Some of these have become gospel because they’re true, plain and simple.
Yet, other entrepreneurial “wisdom” seems to be rooted more in a single person’s experience than general veracity. To move mountains, you’ve got to break a few rules, and we suggest starting with these.
Some companies are intrinsically linked to the town in which they’re based. Apple and Cupertino, California. Coca Cola and Atlanta. Ford and Detroit.
Other companies, like New Belgium Brewing company in Fort Collins, Colorado and Starbucks in Seattle, started small as local mom and pop operations and quickly became community staples before climbing their way into the national spotlight.
In the digital age, it’s easy to get stuck behind your computer screen all day, forgetting that there’s an entire untapped market surrounding you right there in your backyard.
Whether it’s delivering bad news, giving critical feedback or copping to your own mistake, tough conversations stink.
Exercise is a key life ingredient for entrepreneurs, promoting a healthy body and a sharp mind. But you can only spend so many mornings on the treadmill or in the weight room before monotony sets in.