Ask The Entrepreneurs is a regular series where members of those involved in the Young Entrepreneur Council are asked a single question that aims to help Lifehack readers level up their own lives, whether in a area of management, communication, business or life in general. Here’s the question posed in this edition of Ask The…

As the new year approaches, do you now — more than ever — wished you had more clarity on the way forward? It can get really silly at times. You have to finish the course you bought last month. And you have to blog. And you’ve also been planning to email your list about your latest…

I need a vacation. For the last couple of months, I’ve been working like crazy getting my book ready for publication, and laying all the groundwork to promote it. I coordinated with my 30 contributing authors to get their chapters polished and ready, I got the books designed, printed, and then shipped out to reviewers, and…

What is the difference between a successful company and an unsuccessful company? Why do some entrepreneurs succeed where others have failed miserably? What makes someone successful? Everyone is looking for the answers to these questions; everyone wants to find the keys to succeed, the shortcut that will make it all easier. The problem is in that…

This is the third and final installment of my interview with Kevin Reeth of Outright.com (See Part 1 and Part 2). In this part of the interview, I talk to Kevin about the new organization he’s helped create, Unintentional Entrepreneur, which is currently holding events around the country to help provide newcomers…

In Part 1 of this interview, Kevin Reeth (Co-founder and CEO of Outright.com) and I discussed some of the challenges and benefits of entrepreneurship and the emergence of a new breed of “unintentional entrepreneurs” – people who, because of the economic downturn, find themselves exploring the possibility of going freelance, starting their own…

With a background including successful stints with Yahoo, eGroups, and Intuit, Kevin Reeth was well-prepared to strike out on his own as a co-founder and CEO of the web start-up Outright.com, a free online bookkeeping platform for small businesses and self-employed persons. In today’s economic climate, though, more and more people are finding themselves…

You want engagement. But no one’s buying. If you want something done you have to spell it out in detail, or even give up and get to that ugly “I’ll just do it myself” place of the defeated manager. You feel like every time you turn your back, the wheels come off the bus again. You’ve got zero engagement.

So how do you fix that?

[display_podcast] 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…

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

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…

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…

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…

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…

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…