 AI Generated "Profit isn't the purpose of a business, but without it, there is no business." – Peter Drucker
In Canada, approximately 60% of small businesses fail within five years, with poor financial planning and cash flow management being one of the leading causes (Innovation, Science and Economic Development Canada, 2023). While passion might fuel the fire of entrepreneurship, it's profit that keeps the lights on. In an age of digital storefronts and virtual workspaces, mastering “profit hacks” — smart, focused strategies that drive income without increasing burnout — is not just a nice-to-have. It’s a business necessity. Today, we’re examining four key strategies to increase your profits, whether you’re running a solo operation from your kitchen table or scaling a growing brand from your laptop. These hacks aren’t fluff — they’re field-tested and crafted to help you retain more of what you earn and build a successful business. 1. Know Your Numbers (and Watch Them Like a Hawk) Before you can hack your profits, you need to know where they’re leaking. Many entrepreneurs operate on hope instead of hard data. Profit isn't just about making more sales; it's about retaining more of what you earn. Why it matters: You can’t improve what you don’t measure. Understanding your profit margins, customer acquisition costs, and recurring expenses can reveal hidden gaps draining your business. The process: Use straightforward tools like QuickBooks, Wave, or even Google Sheets to monitor your income and expenses weekly. Build a habit of reviewing monthly reports. Comprehend your break-even point and focus on high-margin products or services. How to launch: Begin today by examining last month’s numbers. Highlight three key areas: the largest revenue drivers, the biggest expenses, and unexpected cost leaks. You’ll swiftly identify where to focus your efforts and where to make cuts. 2. Increase Prices Strategically Raising prices is the quickest method to boost profits, yet it's the strategy that entrepreneurs dread the most. The truth? People are willing to pay more for perceived value, confidence, and results. Why it matters: If your pricing doesn't reflect the value you provide, you’re not only earning less; you are also serving less effectively. The process: Review your customer results and testimonials. Highlight your unique selling points. Consider implementing a small price increase (5–15%) and track the response. Use value-oriented language to reframe the offer. How to launch: Start with your top-selling offer. Add a bonus, boost the perceived value, and try charging a higher price for a few new customers. Track conversions and gather feedback. 3. Automate Low-Value Tasks to Free Up Profit-Driving Time Time is the most limited resource, yet many entrepreneurs waste it answering emails or designing Canva graphics instead of securing clients or creating offers. Why it matters: Every hour you spend on $10 tasks is an hour not invested in $1,000 activities. The process: List your weekly tasks. Identify any repetitive, administrative, or non-essential items. After that, automate these tasks with tools like Microsoft Outlook, Google Calendar, and AI-based assistants. Delegate what you can. How to launch: Choose one task to automate this week: set up an autoresponder, use AI to draft emails, or outsource design on Fiverr. You’ll instantly regain your time and enhance your earning potential. 4. Upsell and Cross-Sell with Purpose Selling once is good, but selling more to the same customer is better—and much more profitable. According to Marketing Metrics, the probability of selling to an existing customer is 60–70%, compared to 5–20% for newcomers. Why it matters: Repeat customers are less expensive and spend more. Upselling and cross-selling build loyal, high-value buyers. The process: Outline your customer journey. What logical next step or upgrade can you suggest? Use email automation to trigger personalized offers based on past purchases or behaviors. How to launch: Add a simple upsell at checkout or offer a cross-sell in a follow-up email. For example: “Loved our course? Add 1:1 coaching at a discounted rate.” Make it timely, relevant, and easy to accept. APPLICATION FOR AT-HOME ENTREPRENEURS Profit hacks are game-changers for home-based businesses and solopreneurs. With limited time and resources, your ability to increase profits without extending hours is crucial. Whether you're selling handmade products, offering coaching, providing digital downloads, or delivering online services, these strategies can provide you with a competitive edge.
These aren’t just tips — they’re tactics that shift your income ceiling upward, from your living room or laptop. Conclusion and Call to Action Profit hacks aren’t about working harder; they’re about working smarter. When you understand your numbers, increase your value, leverage your time, and serve your customers deeply, profit naturally follows. You deserve a business that not only fulfills you but also funds the life you want. Now’s the time to take action:
Want more resources on scaling your impact and income? Subscribe to our weekly round-up newsletter (write Newsletter in comments below) or Consider our Bizwoli Solution (See Below!). By the way we have turned the statistic around so that 80% of small business succeed after 5 years. Write Bizwoli in the comments for a free consultation. Thriving shouldn’t be optional. Thank you for reading, folks. Continue striving to be the best you can be as you search for your true self. Richard By seamlessly integrating business, work, and life, we create a virtual tapestry of well-being, skill development, business growth, workplace culture, and leadership, enabling you to become your best self. Note, some links in this video are affiliate links; if you make a purchase, we will earn a commission. We provide FREE weekly learning opportunities for you: Mondays: Free Articles are posted on our FontanieMagazine website https://bit.ly/3WKM9QD Podcasts available at 8 AM Central Time on:
Further Resources Available to you: Executive Video Coaching: https://bit.ly/4cnqGDV Bizwoli – Planning and Organizing Your Business: https://bit.ly/3YripHD Affiliate Marketing With Richard: https://bit.ly/3ZqE18D FM Storefront: https://bit.ly/4bNfiBs Facebook: https://bit.ly/3uPyvSa Pinterest: https://bit.ly/3RSWCrk Life’s Dimensions, Instagram: https://bit.ly/3W7zYOM Coaching Opportunity to Gain $10,000 per month: https://bit.ly/3t4cbmO Michael Cheney: Partner and Profit: https://bit.ly/3ZkY3mI Note: Script and Image A.I. Assisted
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 AI Image Did you know for every $1 spent, businesses can expect an average return of $36, equating to a 3,600% ROI? This underscores the enduring effectiveness of email marketing as a highly profitable channel for businesses.OptinMonster+1Porch Group Media+1 . Email marketing remains one of the highest-performing digital marketing channels, yet many entrepreneurs overlook its potential. As marketing legend Seth Godin once said, "Permission marketing is the privilege (not the right) of delivering anticipated, personal, and relevant messages to people who actually want to get them." Email marketing isn’t just about sending messages—it’s about building relationships and creating a sustainable revenue stream. Whether you’re an at-home entrepreneur or a growing business, mastering email marketing can give you a reliable and cost-effective way to increase sales. Let’s explain why it matters, how the process works, and the steps to start. Why Email Marketing is Essential for Profits
If you’re serious about growing your business, email marketing isn’t just an option—it’s a necessity. The Process of Making Email Marketing Work Successful email marketing isn’t about sending random messages; it follows a structured process:
Following this structured process, you can create an email marketing system that engages your audience and drives consistent revenue. Steps to Launch a Profitable Email Marketing Strategy
How Email Marketing Benefits At-Home Entrepreneurs For at-home entrepreneurs, email marketing is a game-changer. Unlike traditional businesses, you don’t need a large budget to reach customers. Here’s how email marketing can help:
Many successful solopreneurs, from bloggers to eCommerce store owners, have built six-figure businesses purely through strategic email marketing. Conclusion & Call to Action Email marketing isn’t just about sending newsletters—it’s about creating a profitable system that nurtures leads and drives revenue. Whether you’re starting from scratch or refining your strategy, now is the time to invest in email marketing. Ready to turn your inbox into a revenue machine? Start today by choosing an email platform and building your first email sequence. The sooner you begin, the sooner you’ll see results! Thank you for reading, Richard, By seamlessly integrating business, work, and life, we weave a virtual tapestry of well-being, skills development, business growth, workplace culture, and leadership so that you can become the best you can be. Thank you for subscribing! Please note that some of the links in this video are affiliate links, and I earn a commission if you make a purchase. Podcasts Available at 8 AM Central Time on: • Mondays: Speaking From The Heart Series: https://bit.ly/4a8h4g1 • Wednesdays: Coaching Talks Series: https://bit.ly/4jc4u3e • Fridays; Affiliate Marketing Secrets Series: https://bit.ly/4a9YHao Richard Fontanie, Eternal Unfolding: A journey that turned into a different kind of love story - https://amzn.to/3y2xJza Free FM Articles: https://bit.ly/3WKM9QD Executive Coaching: https://bit.ly/4cnqGDV Bizwoli: https://bit.ly/3YripHD Affiliate Marketing With Richard: https://bit.ly/3ZqE18D FM Storefront: https://bit.ly/4bNfiBs Facebook: https://bit.ly/3uPyvSa Pinterest: https://bit.ly/3RSWCrk Life’s Dimensions, Instagram: https://bit.ly/3W7zYOM Further Resource If you purchase the following products we will receive a commission. Coaching Opportunity with Max, Fergal, and Trevor: https://bit.ly/3t4cbmO Michael j Cheney: The Secret Money System: https://bit.ly/47jDHMQ Michael Cheney: Partner and Profit: https://bit.ly/3ZkY3mI Note: Script A.I. Assisted  A.I. Image "Content is king, but engagement is queen, and the lady rules the house." — Mari Smith. In today’s digital era, content creation is no longer just a hobby—it’s a lucrative business model. According to datareportal.com, as of January 2025, there are approximately 5.56 billion internet users worldwide, representing 67.9% of the global population. Additionally, there are about 5.24 billion social media users globally, accounting for 63.9% of the world's population. Whether you’re a blogger, YouTuber, social media influencer, or educator, understanding the roadmap to monetization is crucial. The key to success lies in creating valuable content, building an engaged audience, and implementing multiple revenue streams. This guide will break down the Content to Cash Blueprint, showing you why it’s essential, the process involved, and the steps to launching a profitable content business. Why Content Monetization is Essential The digital landscape has shifted, and more people than ever are turning to content creation as a career. Here’s why monetizing content is critical for success:
The Process: How Content Becomes Cash Turning content into a revenue-generating business follows a structured process:
Steps to Launching a Profitable Content Business If you're ready to turn your content into a sustainable business, follow these detailed steps: Define Your Brand & Niche – Start by understanding what makes you unique. Your brand should communicate your values, expertise, and voice. Choose the Right Platform – Select a primary content platform based on your skills and audience preferences. Options include:
Create a Content Strategy – Plan your content calendar, mix free content with premium offerings, and focus on solving your audience’s pain points. Set Up Monetization Channels – Implement various revenue streams, including: Google AdSense or YouTube Partner Program for ad revenue. Affiliate marketing by promoting relevant products. Online courses, webinars, or coaching programs. eBooks, guides, or exclusive content memberships. Track Performance & Optimize – Use analytics tools to measure engagement, sales, and content effectiveness. Adjust strategies to maximize impact and profitability. How At-Home Entrepreneurs Can Apply These Strategies Content monetization provides a flexible and scalable income model for those working from home. Here’s how you can apply it to build a sustainable business:
Conclusion & Call to Action Monetizing your content isn’t just a possibility—it’s a strategic path to financial independence. Whether you want to start a side hustle, build a full-time business, or share your expertise with the world, the Content to Cash Blueprint provides the roadmap to success. Now is the perfect time to start! Identify your niche, create valuable content, engage with your audience, and explore multiple income streams. Take action today and start turning your content into a thriving business! Thank you for reading and continue becoming the best you can be. Richard 1. datareportal.com By seamlessly integrating business, work, and life, we weave a virtual tapestry of well-being, skills development, business growth, workplace culture, and leadership so that you can become the best you can be. Thank you for subscribing! Please note that some of the links in this video are affiliate links, and I earn a commission if you make a purchase. Podcasts Available at 8 AM Central Time about Personal Growth and development:
Executive Coaching: https://bit.ly/4cnqGDV Bizwoli: https://bit.ly/3YripHD Affiliate Marketing With Richard: https://bit.ly/3ZqE18D FM Storefront: https://bit.ly/4bNfiBs Facebook: https://bit.ly/3uPyvSa Pinterest: https://bit.ly/3RSWCrk Life’s Dimensions, Instagram: https://bit.ly/3W7zYOM Further Resource If you purchase the following products we will receive a commission. Coaching Opportunity with Max, Fergal, and Trevor: https://bit.ly/3t4cbmO Michael j Cheney: The Secret Money System: https://bit.ly/47jDHMQ Michael Cheney: Partner and Profit: https://bit.ly/3ZkY3mI Note: Script and Image A.I. Assisted  A.I. Generated The internet has transformed wealth creation, opening doors for entrepreneurs to build financial freedom from the comfort of their homes. With countless opportunities available, success in the digital economy requires a strategic approach, adaptability, and the right mindset. Whether you're launching an online business, investing in digital assets, or creating multiple income streams, understanding how to diversify and develop the right habits is crucial.
This article explores key aspects of building online wealth, emphasizing diversification, high-potential activities, and the mindset necessary for long-term success. The Importance of Diversification Diversification is the foundation of financial stability and long-term wealth. Relying on a single source of income can be risky, especially in the fast-evolving online marketplace. Successful entrepreneurs often leverage multiple income streams. The examples provided, whether pertaining to me or FontanieMagazine, are examples only and illustrate what can be accomplished online. Several ways to diversify online income streams include: E-commerce and Dropshipping: Selling products without holding inventory through platforms like Shopify and Amazon. For instance, I have an eBook on Amazon that people can purchase in hard copy or digital format. Affiliate Marketing: Earning commissions by promoting products and services. We now have a podcast series on our YouTube channel, Affiliate Marketing with Richard. It is designed for those interested in and who are already affiliate marketers. You may want to check it out. Freelancing and Consulting: Offering skills-based services on platforms like Upwork, Fiverr, or directly to clients. Another option is to provide consulting and coaching services to local markets. For many, this latter option has proved to be a lucrative option. Digital Products and Courses: Creating and selling e-books, online courses, or printables. We provide e-books and online courses through our FM Storefront. It is left to individuals if they want to print them out. Stock Market and Crypto Investments: Generating passive income through diversified investments. We are not engaged in Crypto Investments; however, if you are not familiar with the stock market and crypto investments, it is advisable to use a financial advisor. An at-home entrepreneur could maximize revenue by combining blogging, affiliate marketing, and online courses. Integrating various streams reduces dependency on a single income source and increases financial security. The examples in this article show that we have engaged in multiple income streams. We don’t give these as a way to blow our own horn but to show you how various income streams may be accomplished. High-Potential Wealth-Building Activities Focusing on scalable and high-return activities is essential to build substantial online wealth. Some of the most lucrative options include: Content Creation – Blogging, YouTube, and social media influence can generate ad revenue, sponsorships, and product sales. For example, a YouTuber who creates content around personal finance can earn through ads, brand partnerships, and affiliate links. See our various podcasts to learn how this works. If you are unfamiliar with content creation, we recommend Trevor Carr and his Breakthrough training program. As a content creator, I learned how at the ripe age of 79. Fortunately, Age is not a factor in this business. E-commerce and Print-on-Demand—Platforms like Etsy, Shopify, and Redbubble allow entrepreneurs to sell customized merchandise without inventory hassles. Another option is to develop your own digital store and combine it with your website. You can see how we have done this by going to the FM Storefront in this magazine. Subscription-Based Models – Membership websites and Patreon allow content creators to earn a steady income through exclusive content. For example, we have included a Membership Opportunity in our Solutions Tab. Software as a Service (SaaS) and App Development – Those with technical skills can develop tools and apps that generate recurring revenue. We provide this as an opportunity for you, but we cannot vouch for any SaaS or App Development services at this time. By choosing the right wealth-building activities, entrepreneurs can maximize their earning potential and scale their businesses over time. Wealth Mindset and Habits A strong wealth mindset is crucial for financial success. Here are key habits and principles for long-term growth: Continuous Learning: The online world evolves rapidly, requiring ongoing education in market trends, digital skills, and financial management. We highly recommend spending at least one to two hours weekly on continuous learning opportunities. Consistency and Patience: Overnight success is rare. Sustainable wealth is built through steady progress and persistence. Contrary to many gurus in the online marketing sphere, there are no quick fixes or quick riches. Yes, some people quickly make money online, but this is the exception to the rule, as less than 10% reach that level. Intelligent Risk-Taking: Calculated risks can accelerate financial growth, such as investing in new income streams or digital assets. Again, contrary to public opinion, successful entrepreneurs are cautious risk-takers. That is not to say they do not take risks but do so wisely. Time Management: Effective entrepreneurs prioritize high-impact tasks and automate repetitive processes. This is fundamental to anyone considering online entrepreneurship. Resilience and Adaptability: Setbacks are inevitable, but learning from failures and adjusting strategies ensures long-term success. You need to be open to ambiguity and ready to shift strategies quickly. Don’t think of mistakes as failures; consider them as learning opportunities. Remember what Edison said, “I have not failed. I’ve just found 10,000 ways that won’t work.” An entrepreneur, for example, who starts an online coaching business may face slow initial growth. However, they can establish a profitable and scalable brand by consistently creating valuable content, networking, and refining their services. Conclusion & Call to Action Building online wealth is more accessible than ever but requires strategic planning, diversification, and the right mindset. Whether you’re just starting or looking to scale an existing venture, embracing high-potential opportunities and fostering wealth-building habits can set you on the path to financial freedom. Choose one wealth-building activity that aligns with your skills and interests today. Begin researching, experimenting, and refining your approach. The digital economy offers unlimited potential—it's time to tap into it. Thank you for reading and always remember to be your best as you search for your true self. Richard. Richard Fontanie, Eternal Unfolding: A journey that turned into a different kind of love story - https://amzn.to/3y2xJza Trevor Carr, Breakthrough Program. https://bit.ly/3HovCKp Check out these FMeLearning Offerings Executive Coaching: https://bit.ly/4cnqGDV Bizwoli: https://bit.ly/3YripHD Fortis Membership: https://bit.ly/3X49OtH FM eLearning YouTube Channel: https://bit.ly/3SHzYTr Affiliate Marketing With Richard YouTube Channel: https://bit.ly/3ZqE18D FM Storefront: https://bit.ly/4bNfiBs More For You Coaching Opportunity with Max, Fergal, and Trevor: https://bit.ly/3t4cbmO Michael j Cheney: The Secret Money System: https://bit.ly/47jDHMQ Michael Cheney: Partner and Profit: https://bit.ly/3ZkY3mI Note: Co-written with A.I. Over the years I have assisted hundreds of budding entrepreneurs in getting started in their businesses. Our Business Development course included everything one needed to know to establish a business. We began by assessing the individual to determine whether they were open to learning, what skills they had to bring to the business table, what their attitude towards business was, and whether their lifestyle was conducive to the hard work of opening a business. We worked with them to develop a business plan, supported them as they learned to get their business off the ground, and even worked with them to obtain business loans from the bank. We know that many people start a business without such support. Our studies showed that only 35% of those who started a business were no longer in business five years later. We found that our business support and coaching catapulted new business owners to an 85% success rate after five years. This percentage increase is not unusual as others who provided business training and coaching had the same result. Many of the businesses we worked with started as “Mom and Pop” operations and others were solopreneurs. The age range included hose in their twenties to those in their fifties. The gender was a mix of male and female, and the geographic location was both rural and city. Almost all of these new business owners wanted to establish a ‘bricks and mortar’ business, hire employees, and contribute to their communities. They were budding entrepreneurs in the traditional sense. Here Comes the New Kid I tell this short story because traditionally that is generally how people viewed business development. A business meant a local grocery, furniture, or bookstore. It meant some form of industry where products were made, marketed, and sold. It meant a place where people went to purchase goods and services. Then something happened. It was the development of the internet. A new breed of entrepreneurs began to emerge. Don’t get me wrong here. “Bricks and mortar” types of businesses are here to stay, but they too are undergoing a transformational change and have an internet outreach. Many are hybrids where they serve both local customers and have outreached their products and services beyond their boarders. Then there are companies that have understood the changing nature of the buying public and developed a massive internet presence like Amazon, eBay, Apple, and many others. Unfortunately, many large retail businesses didn’t adjust fast enough to meet the new emerging internet buyer phenomenon and have since closed their doors. Now we are seeing a new kid on the block, the virtual solopreneur. Virtual solopreneurs don’t want a ‘bricks and mortar’ business they want an ‘internet marketing’ business where their community of customers come from communities scattered throughout the world rather than from their local marketplace. They operate from their laptop. They are affiliates of Amazon, software companies and businesses that have a strong internet presence. They write eBooks, training programs, and develop apps and software that make it easier for people to make “money-on-line.” They work primarily alone but the successful ones’ have a strong network of mentors and colleagues from around the world. Many have administrative support, some from their own family, others hail from other countries and are connected virtually with the solopreneur. The past five years has seen an increase in the number of solopreneurs. The picture presented is like the “phoenix arising from the ashes.” People are adjusting to a new reality. Their place of work has changed dramatically and many no longer have jobs because their workplace went bankrupt or closed for other reasons. And in the past year they have been laid-off because of COVID-19 and have had time to think about their life and the virtual opportunities available to them. Another reason why people are moving towards virtual solopreneurship relates to the workplace itself. To be sure there are those who claim that they do not fit within a structured work environment but increasingly there is an unsettling number emerging. They are those who have relationship difficulties with their boss or manager-minder. Many businesses are struggling with how to lead and manage their workforce. Owners and managers continue to work within a command-and-control style rather than with the flexibility and employee engagement needed for today’s work environment. Most employees are rebelling against this by ‘striking out on their own’ and turning to the freedom that Internet Marketing offers. But we are noticing a troubling problem. We are learning that just like those who wanted to start a business in the past where 35% failed and 85% succeeded with support, we are now witnessing a high percentage failure rate among virtual solopreneurs. That rate varies from 90% to 98%. A shocking statistic. The reason for that statistic is that people who want to get into the internet marketing business think it is easy. The sad truth is that it is not easy. The top 2% so called ‘Gurus” in the internet marketing world have taken years to get to that level. The idea of starting an internet marketing business sounds sexy. It goes something like this: “I can work from home and make millions.” “I will be able to travel the world and provide financial freedom for me and my family.” “Just look at those who have made it, they are rich, and I’m going to become the same.” So, just like those who struck out on their own to establish a ‘brick and mortar’ business and so often didn’t succeed, the virtual solopreneurs of today are falling into the same trap. They plunge into the virtual world without preparation, knowledge of what they are doing, and the discipline necessary to succeed. They start but don’t follow through with any action plan; they lack time management skills and have no real sense of purpose or strategic understanding about where they are going. There was an old saying in our business, “It’s a simple business, but it isn’t easy.” This rings true for the virtual solopreneur. Unfortunately, they:
There is a neat Solopreneur package in our storefront that will give you more information about how to become a successful solopreneur. You can get a sense what it is all about by clicking the button below. Oh yes, don't forget to scroll down to the bottom of that page and get your free eBook on personal branding. Thank you for reading and remember your personal growth and development matters. As always: Take Care. Stay Safe. Be Your Best Self. Richard Richard Fontanie   To truly understand the entrepreneurial spirit we need to get into the minds of successful entrepreneur. It is here where we find the 5 characteristics of an entrepreneur. And it is here where we learn that the entrepreneurial spirit isn't something that can be taught, but instead, it is something that is developed from within.
A person with an entrepreneurial spirit shifts the locus of control from outside him or herself to inside themselves. They drive themselves to succeed and are highly motivated to achieve something when others are afraid to take a risk. They don’t wait for someone else to start. They are self-starters. However, contrary to popular opinion they just don’t jump at things that fancy them. They are calculated risk takers. An entrepreneurial spirit develops in those individuals who can demonstrate a genuine passion for building something great and those who are willing to push themselves to the limit to achieve their goals. Here are five characteristics that represent those with an entrepreneurial spirit. 1. They Are Deeply Passionate Passionate people know what it's like to completely understand a subject and are willing to dive deep into their understanding of the subject. People with an entrepreneurial spirit are genuinely passionate about the problems they are trying to solve and are energized by any challenges they face in their pursuit. 2. They Are Always Questioning The average individual hardly ever considers how ordinary, everyday things can be improved. Those who have an entrepreneurial spirit can't help but try and find ways to improve the ordinary. They continually question why things are done the way they are and enjoy bucking the system to make necessary changes to succeed. 3. They Are Optimistic To be entrepreneurial is, by nature, to be optimistic. People who possess an entrepreneurial spirit don't waste their time thinking about what they aren't able to do, but instead, see the possibilities in everything. When you are first starting a business, the odds are strongly against you becoming successful, but by remaining optimistic, you can overcome challenges and survive setbacks along the way. 4. They Take Calculated Risks Along with being optimistic, entrepreneurs are predisposed to a high tolerance for risk. Rather than jumping blindly into action, those with an entrepreneurial spirit make calculated moves while understanding that they don’t have a guarantee of succeeding. Successful entrepreneurs also can work autonomously and can be decisive. The entrepreneurial path isn’t always clear, so you have to be able to stay agile and adept in a high degree of ambiguity. 5. They Take Action Above any other characteristic, those with an entrepreneurial spirit know when to execute on their ideas. You have to be able to go out and act on your plans to get real, honest feedback. This is because your ideas are meaningless until they are acted on. If you have an entrepreneurial spirit, you realize that the execution of your ideas is everything when it comes down to your success. Not everyone will be successful as an entrepreneur. It is essential to possess these five characteristics of an entrepreneurial spirit if you want to succeed in your business. The flip side of being entrepreneurial is ensuring that systems and processes are in place to get the job done. Often the entrepreneur isn’t the person to wear both of these hats. If your strength is one of an entrepreneur and not a manager, then I highly recommend you hire a manager and delegate the managerial tasks to her. Then let her manage, while you provide the entrepreneurial leadership. Thank you for reading, Richard Fontanie |
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