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

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

Photo by Marjorie Bertrand on Unsplash

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

Photo by Khoman Room on Unsplash

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

Photo by Marten Bjork on Unsplash

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

The Ugly Pie, Marc Andreessen, and the Most Important Lesson for Small Town Entrepreneurs

Photo by Reuben Mcfeeters on Unsplash

The most important lesson for small town entrepreneurs. Sitting Around A Table Trying To Think Of A Business Idea. As friends from high school, they dreamed of quitting their office jobs and working for themselves. That November night, they brainstormed vigorously.

Source: The Ugly Pie, Marc Andreessen, and the Most Important Lesson for Small-Town Entrepreneurs

What it really felt like the moment I sold my company

Photo by Brad Neathery on Unsplash

If you are an entrepreneur with your sights set on selling your business, you probably have the occasional daydream about what the moment will be like when you actually sign on the dotted line. In your mind, you might see champagne, high fives, tears of joy, excited calls to everyone you know, maybe even a geeky victory dance.

Having just lived through a ’we sold the company’ moment, I have had many people approach me to ask me what our experience was really like. So, here goes my best attempt to explain it.

Source: What it really felt like the moment I sold my company

I Built My Startup To A $15M Valuation – While Living In A Van

Over a course of two years, I bootstrapped a startup to a $15M valuation – while living in a van. After that experience my sense of reality was redefined.

Source: I Built My Startup To A $15M Valuation – While Living In A Van — YFS Magazine

How old is a good founder?

I remember reading an article in TIME that said successful start-ups are almost twice as likely to be launched by people over 55 as those 20 to 34.

Secondly, what chance do I have starting something being in that middle bracket not mentioned? Damn it.

I’ve worked or been around several start-up ‘ecosystems’ in London, San Francisco, Chicago, Sydney and Brisbane and there’s not a whole lot of 60 or 70 years olds walking around. Trendy millennials having their 4th coffee at 10am desperate to build their business is more the scene.

Source: How old is a good founder? – Cameron Mitchell – Medium