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entrepreneur

5 Negotiation Tips for Start Up Owners

by Courtney Ramirez on June 24, 2013

Negotiating TipsIn business, you will have to deal with negotiating contracts for all manner of products and services. You may have started your enterprise with a dream of working for yourself and imagined the freedom that would go along with it, but all too quickly reality set in as you had to deal with the day-to-day reality of working in the business. Check out these 5 negotiation tips for start up owners to help you develop this necessary skill for survival in the entrepreneurial jungle.

  1. Write down your bottom line figure and stick to it.
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Real Entrepreneurs Face Problems Head On

by Courtney Ramirez on November 15, 2011

In any business, conflicts will arise. Whether these are personal conflicts or other conflicts (supplier issues, etc.), knowing how to deal with them can be difficult, and sometimes, as a way of reaction, entrepreneurs will just brush problems under the rug and ignore them. However, this is probably one of the worst ways you can react. Refusing to deal with a problem doesn’t make it go away.

If you’re dealing with a technical issue – like the aforementioned supplier one – there is likely a solution that you just haven’t seen yet. Have a brainstorming session with others in your shared office space to find solutions. No idea is too crazy! Remove the pressure for people to come up with the perfect idea immediately, as often in brainstorming sessions, one person will suggest something that wouldn’t work – but it might spark an idea in someone else that turns out to be the solution. Be sure to take notes so that you can refer back to your ideas and possible solutions.
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How Your Business Can Benefit From Government Cutbacks

by Courtney Ramirez on October 21, 2011

The recent government cutbacks on all levels – city, state, and federal – would be enough to make any entrepreneur nervous, but they don’t have to make you nervous. As long as you’re willing to stay flexible (which is a given when you use a serviced office or virtual office) and on your toes, you needn’t worry excessively about your business being impacted by government cutbacks. In fact, you can even see this as an opportunity to grow your business.

For example, state employees who lose their job are now available to be hired by private businesses. You won’t have to worry about your business vying to get the attention of talent that may have been enticed by better benefits that many government positions offer. You can hire excellent employees that may not have otherwise been on the market for hiring.
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Retooling Your Business for Re-launch

by Courtney Ramirez on June 2, 2011

You started your business with the highest of hopes. You expected the best. You followed through with your plans – but your results have been a little less than impressive. It’s time to take stock and decide how your business can re-launch to increase your profits and your level of success.

Re-launching your business is a major undertaking, but it can be well worth it. With a re-launch you’ll have the ability to change your position in the market. Your organization will be re-energized with a new direction and you’ll open yourself up to new opportunities.

Approach things the right way by following these four guidelines when re-launching your business:

1. Take stock of your business and the current market landscape.

Your desire to re-tool and re-launch may be focused on one aspect of your business, or you may feel like you need a complete overhaul. It’s important to change only what needs to be changed and avoid throwing the baby out with the bathwater. Taking stock will give you a clear picture of how your business is being limited by its current positioning, offerings, marketing channels, or advertising. Evaluate how your market has changed since you first launched your business. Have buying habits, engagement tactics, or consumer tastes changed significantly? Has your office space changed at all? Does this affect your customers?

2. Don’t avoid the past.

Your business is not new, so you don’t have a clean slate to work from. If you’ve been Continue Reading

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Make Better Decisions

by Courtney Ramirez on April 5, 2011

A recent study in Psychological Science sheds light on an interesting way to make better decisions. According to research conducted by the University of Twente in the Netherlands, people make better decisions when they have to “go.” Researchers had study participants drink five cups of water and then answer a series of questions forty minutes later. The participants were more likely to make better choices when their bladders were full.

But rather than wait until your decision makers have to “go” to make decisions, there are other ways that can drive great decision making for your organization. Good decisions are critical in leading a business toward success, so owners and managers should pay close attention to these keys.

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Five Work-Life Balance Tips for Decision Makers

by Courtney Ramirez on January 25, 2011

There’s a lot on your plate when you are CEO/Owner/Head Honcho of your own business. Taking responsibility for your business and every decision can be both empowering and draining. If you love what you do and are passionate about making your business a success, it can sometimes be hard to balance your work life and your home life. In fact, without careful planning you can find yourself so focused on your business that you forget to nurture your relationships and your own sense of well-being.

Whether a solo professional or CEO of a growing company, you need to take time to balance your life. Without time to relax and restore, you’ll find yourself stretched beyond the limit – unable to make the right decisions, unable to be fully involved in your business or your life.

Now is the perfect time of year to take stock of how you’re doing and restore balance back into your life. The follow tips will help you move forward in 2011 with a better work/life balance:

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Entrepreneur Wine Bar! – 12/16/10

December 13, 2010

PACIFIC BUSINESS CENTERS Invites You To: Entrepreneur Wine Bar Thursdays Thursday, December 16th 5:00 – 7:00 p.m (And Every 3rd Thursday!) Pacific Business Centers – Watt Ave. 8880 Cal Center Drive, Suite 400 Excellent wine selection Get to know your PBC staff and officemates Relaxed networking with others from the business community Other fun surprises [...]

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Are You Working on Your Business Instead of Working In Your Business?

June 21, 2010

It’s no doubt that small business owners are hard working people. It takes a lot of focus, dedication and hard work to venture out on your own and start your own business. However, many small business owners make the mistake of spending too much time working in their business instead of working on their business. [...]

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Attracting Venture Capital Investors: The Who, What, Where, When and How of VC Investing

June 15, 2010

So you’ve got a great business idea and need some money to get going? Venture capital could be just the solution you’re looking for…if you know how to approach investors the right way. Get a crash course in venture capital basics in the following points.

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Business Plan Basics: What You Need to Know to Get Started

June 1, 2010

No matter what the size or age of your business, you need a business plan to stay organized. A business plan is a collection of documents that detail the current state of your business and your plans for future growth. Most often businesses will develop a business plan in order to get financing, but even [...]

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