One of three critical factors that will determine the speed of SMALL BUSINESS ACCELERATION is an educated entrepreneur. Many people who start small businesses look more like the Tasmanian Devil from the old cartoon than a focused professional. The reason is simple. At the beginning of a small business, there is so much to learn.
The combination of enthusiasm for the new venture and the unbridled exuberance of working for themselves, can create interesting experiences. What should you be learning... and when you should plan to learn it? In Episode 112, Steve Olds looks at a strategy for learning that substantially increases retention through practical application.
How do you make sure you don't become the student who never knows enough to take action? You have to create a plan with benchmarks, boundaries and accountability. This is one reason why your mutual support network is essential and in today's show you'll learn how to chunk your plan down to actionable steps.
Entrepreneurship can be a very emotional topic. Money is traditionally the motivator that launches most new small businesses. There is a direct correlation between the mindset of the new small business owner and long term success.
In Episode 111, Steve Olds drills into the entrepreneurial apprentice mindset and why it is foundational to the success of a small business. However, it's important to realize the mindset is applicable not only at the beginning of an entrepreneur's new venture, but for his or her entire career.
If the lessons we learn in small business can be acquired more efficiently and quickly shared with other entrepreneurs, the new apprentice can accelerate free enterprise growth on a grand scale. Listen to this podcast to understand what it takes to adopt the mindset of the entrepreneurial apprentice.