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Entrepreneurship

Who’s in Charge, Anyway?

I am sure just about everyone has heard the term “too many chiefs” and may have even experienced this phenomenon at school or on the job. While this is almost always an unpleasant situation, it can be very detrimental to a new startup. Choosing who gets the title of CEO in a company can be […]

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Entrepreneurship

Why Birds of a Feather Shouldn’t Always Flock Together… In Business

Birds of a feather, as the old adage goes, they all flock together. And with that, it can also be reasoned that any flock, or team, for the purpose of this discussion, no matter if we are discussing a football team or a global media conglomerate, is only as strong as its most valuable members. […]

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Entrepreneurship

Social Capital, Financial Capital, or Both?

Building social and financial capital are both necessary components of establishing a business that is destined to become successful in the long run. Without them, aspiring entrepreneurs could be setting themselves up for failure right from the beginning. Many new organizations are lacking either a strong social network or essential funding or both. Seeking these […]

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Entrepreneurship

The Benefits of Relinquishing Control

According to Paul B. Brown, contributor to Forbes, “There are many different ways of being a CEO and unfortunately a majority of people gravitate toward the old command and control model where the boss’ fingerprints can be found on everything” (Brown, 2014.) Micromanaging in the name of getting rich can be extremely time-consuming and exhausting […]

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Entrepreneurship

The Accidental Entrepreneur

Ten years ago, I started an automotive repair business with my, now, ex-husband. We had no capital, no education, and no idea what we were doing.  He was a mechanic by trade and I was a young mother who had experience as a part-time assistant manager in the restaurant and retail industries. We had no […]