Posts Tagged ‘entrepreneurship’

Lifehack Live for January 14, 2008

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This week I talked with Jonathan Fields, the founder and owner of Sonic Yoga in New York City, and more recently of the business writing and coaching firm Vibe Creative.  Among other things, Jonathan and I talked about the challenges of launching — and of selling — a business, the need for self-examination and gutsy action in pursuit of your goals, and the benefits of… » Continue

Leon Ho Voted 4th Top Asian Young Entrepreneur in BusinessWeek Poll

A couple of months ago, I announced that Leon Ho, lifehack.org’s founder and now head of Stepcase Limited, our parent company and a Hong Kong-based development house, had been listed as one of BusinessWeek’s Asia’s top 25 young entrepreneurs. BusinessWeek asked readers to vote, and it’s a pleasure to announce that Leon was voted #4.

At the top of the list were Nguyen Minh Tri,who runs a… » Continue

Think Like An Entrepreneur: Effectual vs Causal Reasoning

Many people wonder what the big difference is between those who are constantly entrepreneurial and those who aren’t. A big part may be in the difference between these two kinds of thought processes.

Causal Reasoning is based on having a goal and defining what means and choices can be made. The opposite, Effectual Reasoning, involves being given the means and choices and defining what the goal is.

If you are interested… » Continue

Learning Entrepreneurship from Albert Einstein

eSoup has written about 5 Einstein quotes that could help entrepreneurs, or anyone in a problem-solving or creative field.

They draw upon Einstein’s years of battling scientific opposition and critical genius. Wise words you can use as inspiration or guidance.

1) “Imagination is more important than knowledge.”
2) “Anyone who has never made a mistake has never tried anything new.”
3) “Great spirits have often encountered violent opposition from weak… » Continue

How to Launch a Business Without Spending a Dime

The biggest mistake I see first time entrepreneurs make is that they spend too much money.

They rent an office or retail location, pay big incorporation fees, hire employees, and build an expensive website (just to name a few). And all before they’ve earned their first dollar!

Each month their cash reserves get lower and lower while they struggle to make sales to cover their expenses. Eventually the fledgling… » Continue

Bootstrapping Life: Five Tips

If you had just one tool for improving yourself, what would that tool be? A casual study of the world’s self-made millionaires, past and present, may not reveal it, but all of them were likely successful bootstrappers. Bootstrapping, at its simplest, refers to getting by in an entrepreneurial endeavor simply with what you have. You take what you earn and cycle it all back in. Only grow as… » Continue

Top 10 Ways You Know You’re An Entrepreneur

Entrepreneur usually have number of personality traits. There are classic books like Entrepreneurs in High Technology: Lessons from MIT and Beyond which mentions on such studies. Ben Yoskovitz at Startup Spark gives 10 ways to know if you’re an entrepreneur. It doesn’t mean you have to meet every items on the list, but they definitely give you some head start or edges from other entrepreneur:

  • You’re passionate.
  • You’re always looking for

Finding More Entrepreneurs . . . and Fewer Jerks

I have two topics this week: the present-day obsession with clinging grimly to the status quo, when we have rarely needed change and entrepreneurial flair so much; and the obnoxious jerks whose presence in leadership positions disfigures too many organizations. These topics are linked by a recurring theme: the way that Hamburger Management—that dismal system of cutting corners, hounding people to reach crazy targets, and driving down every cost except… » Continue

Software Startup Myths Debunked

Startup founders believe number of common concepts that float around on the Net. Are they true? Mike Taber looks at top five myths of software startups, especially the ones that discussed and endorsed by different people frequently. For instance, he firmly disagrees one need VC funding to be successful, and the interesting one to look at like after Google bought YouTube: selling the company is the: quickest/best/easiest path to success/freedom/fame/fortune… » Continue

Seven Characteristics of Highly Effective Entrepreneurial Employees

For new venture and organization, it is known that you require a right fit employee for that particular environment. You may ask, what are the characteristics that are important for the entrepreneurial environment? Joe Hadzima has a good piece on this topic - he mentions seven characteristics that he recommends to look for when hiring an employee:

  • Ability to Deal With Risk
  • Results Oriented
  • Energy
  • Growth Potential
  • Team Player
  • Multitasking Ability
  • Improvement Oriented

And in my opinion, that… » Continue

Top Eleven Geek Business Myths

Ron Garret, a venture capitalist, lists 11 myths on how smartest and brightest people make mistakes when they try to convert their ideas into money. This post reminds me of couple of important point when creating a venture. The myth that he mentions are:

  • A brilliant idea will make you rich.
  • If you build it they will come.
  • Someone will steal your idea if you don’t protect it.
  • What you think matters.
  • Financial models are

Book Review: You Were Born Rich

A book review by Reg Adkins. You Were Born Rich (1997 LifeSuccess Publications), by Bob Proctor.

I read Bob Proctors landmark book some years ago, and I continue to see the message it contained proclaimed over and again by successful people (Sam Kalenuik, Grant Sylvester and many others). When I saw that the book was made available in December as a free PDF download at Insight of the Day
I… » Continue

Secrets from Wealthiest Entrepreneurs

Forbes covers a great series of interview with successful entrepreneurs on some interesting questions. Some of them are fun to read, other are pretty good tips to get for entrepreneurship:

  • What was your first job?
  • What was your biggest mistake?
  • What is more important: the idea or the execution?
  • What is your advice to young entrepreneurs?
  • How many hours a day do you read?
  • What motivates you?
  • Is there any reason to get an MBA?
  • What can’t

20 Great Resources on Entrepreneurship

A topic that we usually introduce about at lifehack.org is entrepreneurship. It is a sexy topic to talk about within the business/management category. We could learn a lot from some successful entrepreneurs because they are productive and motivated. At Listible, it has a lot of 20 good resources for entrepreneur, from blogs like our favorites: Steve Pavlina and Guy Kawasaki, and other less mentioned but with hidden gems of good… » Continue

How to present to Investors

Many hackers want to get funding from angels or VC with their ideas - but chances are it is pretty hard to know what to present about. Paul Graham, an investor, has written a good piece of advice on how to present in front of investors. Advices range from what to present - how to speak well - specific elements that can give investors a good information and impressions:

  • Explain what

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