The kind of work you do, when you do it, how much of it there is, and who you delegate it to are often the cause of the quasi-schizophrenic behavior seen in many business owners and entrepreneurs.
The only way to handle big business is to delegate, delegate, delegate.
Closing the gap for women entrepreneurs should be a priority for the federal government - and yet the Small Business Administration has failed in their promise to women business owners.
Most small-business owners have no financial education when they started. They weren't trained to be entrepreneurs.
That’s why people who seek out group flow often join startups or work for themselves. Serial entrepreneurs keep starting new business as much for the flow experience, as for the additional success.
Small business owners and entrepreneurs worthy of the title need to build systems that replace themselves.
I find that many entrepreneurs are trying to do everything when it would be cheaper and more time-efficient to delegate, even if there are monetary costs associated with that.
I like to tell small business owners and entrepreneurs, 'I get it. I have your back on this. I understand about regulation. I understand how taxes are taxing. I understand what it is like not to be able to borrow money when you need it.'
Every new rule, mandate, and regulatory edict is one more obstacle that small business owners, entrepreneurs, and job creators have to swallow.
Inexperienced entrepreneurs often want to keep their plans secret, but this is never how I've seen any of the great companies get built.
For many my behavior has been a major disappointment, my behavior has caused considerable worry to my business partners, and everyone involved in my business, but most importantly to the young people we influence, I apologize.
Tastes and behavior are important in economics. Nobody denies that. But the question is: How much of behavior is irrational, and how much of the irrational behavior really affects prices? It turns out that's very difficult to answer.
The most successful entrepreneurs tell you they have a great team. Lots of small-business owners let ego get in the way. Many people helped me along the way. You've got to remember the people who were loyal to you, and don't forget them when you become successful.
For significant job creation to occur, prospective entrepreneurs and current business owners must not fear the future or be under assault from their own government in the present.
Many people look at successful entrepreneurs and think it's easy to get where they are at, but it really isn't. Many entrepreneurs work 16-18 hour days and thus have been able to achieve their high levels of success.
In order to attract and retain new businesses in rural and economically depressed regions of Virginia, we need to provide competitive incentives to entrepreneurs and business owners.
For all their expertise at figuring out how things work, technical people are often painfully aware how much of human behavior is a mystery. People do things for unfathomable reasons. They are opaque even to themselves.