Is this one thing holding you back from success?

Artist – Rayne Bradshaw

Let’s get down to basics. If you haven’t been able to start something of your own, create your own asset for for generating income, then you most likely haven’t conquered the one thing that stands in your way: fear of failure.

Felix Dennis, one of Britain’s wealthiest self-made entrepreneurs, said: “After a lifetime of making money and observing better men and women than I fall by the wayside, I am convinced that fear of failing in the eyes of the world is the single biggest impediment to amassing wealth.” Continue reading “Is this one thing holding you back from success?”

The hardest nut to crack – the resistant manager

Picture of some nutcrackers. Taken by ?Raul654...
Picture of some nutcrackers. Taken by ?Raul654 on December 25, 2004. (Photo credit: Wikipedia)

Whatever business you are running, you will eventually run into the hardest nut to crack – a manager who is pickled in old ways, deeply invested in the status quo and heavily supported by the insidious political subsystem.

Unless you are the owner of the business, your head could be on the block unless you handle the resistor or resistors effectively. Suddenly without wanting it you are reluctantly thrust into the role of the “change agent”. You are the one who is going to have to sell the change to the hard-core resistor. Continue reading “The hardest nut to crack – the resistant manager”

Are you afraid of your new business idea?

Fear - Graffiti
Fear – Graffiti (Photo credit: Jimee, Jackie, Tom & Asha)

I was listening to an entrepreneur talking the other day about start-up owners and other entrepreneurs sometimes being too afraid to implement their idea because of the risk that it involves. Starting anything new involves trepidation and fear that if you let it get out of hand, can block or paralyse you.

Have you had this experience before? Is there something that you may have started or come up with and then decided not to do it because you had too much fear about what would happen if you really got serious about your idea? Continue reading “Are you afraid of your new business idea?”

What small business owners can learn from Angelina Jolie about making tough decisions

English: Angelina Jolie at the Cannes film fes...
English: Angelina Jolie at the Cannes film festival. (Photo credit: Wikipedia)

When Angelina Jolie found out how high the risk of breast cancer was to her personally she decided to be proactive and minimise the risk by having a preventative double mastectomy.

Jolie did her homework. She got the facts to make an informed decision. Consulting her doctors she confirmed that she carries a “faulty” gene, BRCA1 and her risk was 87 percent for breast cancer and 50 percent for ovarian cancer.

She did not backpedal on making her decision. She did not play it safe. She demonstrated courage by making a difficult decision.

Small business owners are faced with tough decisions in this uncertain and difficult economy. Tough decisions have to be made to ensure small business survival whether yours is a retail store or you act as an independent consultant.

Here are 10 tough business decisions that small business owners face in these rough times: Continue reading “What small business owners can learn from Angelina Jolie about making tough decisions”