Seven Ways To Bounce Back From Your Biggest Setback

To succeed, use failure to your advantage.

Everyone grapples with setbacks and obstacles on the path to success. Sometimes, a breakdown can lead you to a significant breakthrough. Here’s how seven successful entrepreneurs and members of The Oracles overcame failure to fast-track their ultimate success.

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Source: Seven Ways To Bounce Back From Your Biggest Setback

Will the gig economy replace the job for life?

Are the days of a ‘job for life’ long gone? Here, we examine the recent rise of the gig economy and how it affects modern working practices. The UK’s gig economy is booming, with more people than ever before choosing to work for themselves. According to statistics released last year, one in seven UK workers which equates to a record-high of 4.8 million people are now enjoying the freedom of being self-employed. Research has also suggested that just 6 per cent of workers do the traditional hours of 9am to 5pm.

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Source: Will the gig economy replace the job for life?

How to Run Two Businesses at the Same Time

America is brimming with entrepreneurial spirit. Millions of people nationwide have taken the plunge to launch their own companies, some successfully and others less so. As famed billionaire entrepreneur Richard Branson once said, “Our ability to come up with ideas is a blessing and a curse. It’s great that we’re constantly inspired and optimistic, but it can sometimes be hard to focus on one idea for long enough to turn it into a successful business.”

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Source: How to Run Two Businesses at the Same Time

11 Must-Read Newsletters for Entrepreneurs

Entrepreneur magazine and digital editors share their picks.

Axios Future
Morning Brew
CB Insights
CultureBanx
My Sweet Dumb Brain
Autoweek Daily Drive
Wall Street Journal What’s News
Science
Hot Pod
Morning Media Newsfeed
Entrepreneur

Source: 11 Must-Read Newsletters for Entrepreneurs

I Can’t Always Be Mr Success And Neither Can You

Photo by Andre Hunter on Unsplash

Today I stuffed up big time.

I’ve spent the last five years becoming disciplined and learning every self-improvement hack I could.

I’ve tried very hard not to drink too much alcohol, minimise my sugar intake, reframe from swearing, treat people better, give more to those in need and be an all round good human being.

But today I F*#ked that up. Can you believe it?

Well, you better.

As hard as I try to be successful, there are going to be times when I mess up. Today was the day I was put to the test.

Source: I Can’t Always Be Mr Success And Neither Can You. – The Mission – Medium

The Career Shift From Employed to Independent

More and more folks are leaving the 9-to-5 grind for the grind of growing their own business.

Career independence is on the upswing, and according to a recent survey conducted by FreshBooks, the majority (7 in 10) of self-employed individuals have no intention of returning to traditional employment. Instead, they intend to grow their business. The fact is that primary roles in the economy are no longer “employer and employee.” We have shifted toward an “independent professional and client” economy. Here’s a brief history as to how career independence became the new norm.

Source: The Career Shift From Employed to Independent | Entrepreneur.com

How True Is The Entrepreneur Life You See On Social Media?

Photo by Andrew Neel on Unsplash

If you search ‘entrepreneur’, ‘founder’ or ‘startup’ on Instagram, what do you see? Or more to the point, what do you not see? There is no tears. No late nights. No signs of panic. No empty bank accounts.

Instagram would have you believe that becoming an entrepreneur, and indulging in some #entrepreneurlife, means the following.

Source: How True Is The Entrepreneur Life You See On Social Media?

How a Subscription-Box Founder Is Using Data to Survive — and Thrive

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In 2016, she launched her company, Rockets of Awesome, offering boxes of personalized, 12-piece clothing sets for kids ages 3 to 12 at the start of every season. “The decision to be vertical was very strategic,” Blumenthal says. For starters, it allowed Rockets of Awesome to create what she calls a “trifecta” of style, quality and value. More important, though, it made the sort of data collection that subscription box services routinely do significantly more valuable.

“We get real-time data on how a product will perform in less than a week [after boxes reach customers]. That lets us make smarter, faster decisions that impact our supply chain.”

Source: How a Subscription-Box Founder Is Using Data to Survive — and Thrive | Entrepreneur.com

Fuck You. Pay Me

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Fuck you. Pay me. It’s something along the lines of “If you don’t help me for free, you’re a bad person.”

The attitude is, if I don’t drop everything I’m doing to make everyone’s projects my personal business and top priority without charging a dime, then I’m a fraud and a phony for saying I like to help people.

And if you freelance, if you’re a consultant of any kind, or if you’re a small startup trying to gain your first customers, you’re going to be confronted with this kind of attitude over and over again.

Source: Fuck You. Pay Me. – Jon Westenberg 🌈 – Medium

5 Unexpected Millionaire Habits

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High-achieving individuals work to become stronger, more knowledgeable and more well-rounded over time. Success rewards repetition and consistency. So it should come as no surprise that most millionaires are actually creatures of habit. And when it comes down to it, many millionaires, regardless of who they are or what type of work they do, actually share many of the same habits.

Source: 5 Unexpected Millionaire Habits