The Business Collective | From Employee to Entrepreneur: Own Your Own Business

Entrepreneurship isn't easy. It's risky, it's stressful and the success rate for new businesses isn't all that encouraging. So, why do people become entrepreneurs? Usually, it's because they find that simply working a job just isn't enough. They need to challenge themselves, test ideas, and take control. Working for someone else can't satisfy that kind […] The post 7 signs it's time to transition from employee to entrepreneur appeared first on The Business Collective.

Most of us have experienced a mental block at the most unexpected (and inconvenient) time. Let's explore the signs of experiencing one and a few helpful hints to get rid of it. Terry will discuss spotting the signs and contributing factors of mental blocks, and how to overcome, reset and refresh. You can subscribe to […] The post 5 ways to clear your mind from mind block appeared first on The Business Collective.

What are some ways you can bring attention to your brand without social media? This is a tough question to answer when it seems that all marketing is focused on social media platforms. Terry Fletcher discusses creative ways to build your brand that will not only add to your social media presence but will increase […] The post 8 ways to build your brand without relying on social media appeared first on The Business Collective.

You already know that having a prominent online presence supported by an effective SEO strategy is indispensable. People are searching for your business, and you need to make sure they find you online. The internet, however, is a virtually endless resource with millions of search inquiries leading consumers to different places. More than often, an […] The post Google stats that show you the value of SEO appeared first on The Business Collective.

Managing a business without funds hinders your competitive advantage significantly, leaving you at the mercy of every crisis. A new company can grow as the economy improves, but you need real capital to make that happen. Your company's credit profile is one of your greatest assets: It lets you access better lease terms and loans […] The post Can credit work for your business? appeared first on The Business Collective.

To achieve success, building your brand should be a daily exercise – and not only for owners and management, but everyone on your team. In this episode, Terry discusses some ways you can build your personal brand as well as ways to influence others within your business to build theirs. The more personal exposure you […] The post 5 Tips To Develop Your Online Branding appeared first on The Business Collective.

If we are going to have equality in the workplace and beyond, negotiation skills are extremely important. In any field or context, women can use negotiating tips that will assist them as an employee, an entrepreneur, and personally. In this episode of the Business Collective Podcast, Terry discusses the top ten negotiating tips for women […] The post 10 Negotiating Tips for Women in Business appeared first on The Business Collective.

In the re-launch of the Business Collective Podcast, Terry Fletcher talks about what it takes to be an SME (Subject Matter Expert) and how to channel that into entrepreneurship. Also, do you have that professional “headshot” yet? It's time. (If you're a photographer, maybe this is your niche!) You can subscribe to our podcasts via: […] The post Are you an SME? appeared first on The Business Collective.

We all know the year 2020 presented the world with a number of challenges in the entrepreneurial space. Whether you are a small business owner, or run a large enterprise, the following are the 15 things to avoid as an entrepreneur in the year 2021. You can subscribe to our podcasts via: Apple Podcasts – […] The post 15 things to not do as an entrepreneur in 2021 appeared first on The Business Collective.

Thousands of people ask this question every day: “What is the best business to start with little money?” In this episode of the Business Collective Podcast, Terry shares what she believes should be your top three choices if you are attempting to start a business but have little capital to back it up. Note : All […] The post Best 3 businesses you can start with little or no money appeared first on The Business Collective.

If you use social media in your career, it can be difficult to navigate the tenuous balance between professional and personal social media use. And, yes, the categories often overlap. In this episode, we'll discuss the balancing act that is the dichotomy between personal and professional social media and tips to make sure you protect […] The post How to balance personal and professional social media appeared first on The Business Collective.

Once in a while, you need to stop and smell your roses: not only is it good for you, it will motivate you to plant even more. If you continue to compare your success to others you'll lose. Start looking at what you already have and you may find you are more successful than you […] The post 7 Unexpected signs you're more successful than you think appeared first on The Business Collective.

If you're like most people, you have at least one hobby that keeps you busy and helps you stay entertained outside of working hours. You might practice woodworking, painting abstract art, improving your flexibility with yoga, or charting the patterns of stars in the night sky. With your entrepreneurial mindset, it's tempting to think that […] The post Does your hobby have business potential? appeared first on The Business Collective.

Because most businesses fail, investing in the right idea can make all the difference. It's been documented that 42% of businesses fail due to a lack of market demand for their product or service. In this episode, Terry discusses some common reasons why businesses fail, and how taking steps to safeguard against those reasons can […] The post Making the right investment can “fail-proof” your business appeared first on The Business Collective.

To maximize your earning potential, you need to know how to set the best rates for the type of work you do. There are a variety of ways to set rates, depending on how you prefer to work, your clients' expectations, and the products or services you sell. In today's episode, Terry gives you the […] The post 4 ways to set your rates as a solopreneur appeared first on The Business Collective.

It's a classic mistake for a new company. When you're starting, you're tempted to promise the world to potential clients to get their business. But if you've made those promises just to get a customer, it will come back to bite you later on. This episode focuses on why it's never a good idea to […] The post Overpromising: the worst mistake an entrepreneur can make appeared first on The Business Collective.

Any crisis — whether it is a hurricane, fire, fraud, or a pandemic — naturally elevates the level of stress you feel. Even if you do not work longer hours, which you likely will as an entrepreneur), there is bound to be increased uncertainty and worry about what will or could happen, and you might […] The post Why entrepreneurs still need to take off in a time of crisis appeared first on The Business Collective.

The pandemic has made it necessary for entrepreneurs in all industries to get creative. When you can't leave your home and the economy appears to be heading towards a recession, entrepreneurs are put to the test on how quickly they can innovate and pivot while still offering products and services of value to their customers […] The post Four ways to continue making money during the pandemic appeared first on The Business Collective.

In this episode, Terry shares her number one piece of advice to all beginning eCommerce entrepreneurs:  prioritize profitability first! It's great to have revenue, but if your expenses are continually putting your business into the red, it's time to rethink your business model. Terry discusses tips on how to lay the groundwork for a profitable […] The post A beginner's guide to building a profitable eCommerce business appeared first on The Business Collective.

If you're bold enough to take chances there will undoubtedly be someone trying to tear you down. Understand this: in business, there is NO perfect formula for entrepreneurship. Yes, there are fundamentals everyone should know and implement, but for the most part, your company and journey are unique to YOU alone. You have a target […] The post How an entrepreneur should handle the naysayers appeared first on The Business Collective.

Launching a new business is quite a juggling act. To make sure you're functioning like a well-oiled machine, a co-founder may be the answer to your prayers. Having a co-founder means splitting the responsibilities, as well as the rewards. So make sure it's a worthwhile decision that can complement your skills while filling out gaps […] The post How to choose a co-founder of a start-up appeared first on The Business Collective.

Wikipedia defines “entrepreneurship” as an act of being an entrepreneur, or “the owner or manager of a business enterprise who, by risk and initiative, attempts to make profits”. Entrepreneurs act as managers and oversee the launch and growth of an enterprise. However, entrepreneurship is not a solo experience, rather a collective effort that involves building […] The post Entrepreneurship is not a solo experience appeared first on The Business Collective.

What is your content marketing goal? If you want to achieve sustained, monetary success, this question should be revisited often. Content marketing strategies may vary, by business, but their goals should all be the same: to garner attention, build trust for your brand's marketing message, bring people to your place of business whether online or […] The post Content Marketing Strategies appeared first on The Business Collective.

Are you being distracted by outside noise which is causing you to lose focus on the task at hand? If so, today's episode is for you! Terry Fletcher talks about how mindfulness at work: that is the practice of how to reset, refocus, and take back your time. It's something that you must learn how […] The post Entrepreneurial mindfulness at work appeared first on The Business Collective.

In today's business climate, it may be more important than ever for companies to operate at maximum efficiency – and with a keen awareness of the potential impact of changes in their industry and the economy. Terry Fletcher explains how using a SWOT analysis to take a closer look at your company's internal operations, as […] The post Analyzing the health of your business using the SWOT method appeared first on The Business Collective.

A popular myth that most of you probably believe is that startups are only for the younger generations. I see more and more evidence that new entrepreneurs are coming from the older age groups (36-to-64 years old), and that success rates move up with age. Is it possible that age and experience are more of […] The post A second career as an entrepreneur appeared first on The Business Collective.

Are you a startup stuck trying to figure out where to start? Terry Fletcher is here to help, as she provides some suggestions on businesses that are easy to start; and take very little capital to get going. Best yet, most of these businesses can be facilitated from a home base. Are you a Personal […] The post Suggestions for startups to get started appeared first on The Business Collective.

Is a consulting career for you? Service-based businesses can be tough to break into, but if you are looking for direction on how to get started, listen to this episode of the Business-Collective podcast. Can you thread a needle while you trampoline? Well if the answer is “I will try” then you are on your […] The post Is a consulting career for you? appeared first on The Business Collective.

Social distancing. Telemedicine. Self-quarantine. These are all words that at the start of 2020 weren't part of our vocabulary, but several months into the new decade we are all hearing and using them daily. There is no denying that the coronavirus outbreak has dramatically changed just about every facet of just about every person's life […] The post Prepare now for the post-pandemic business world appeared first on The Business Collective.

The truth can be a scary thing, But if you want to build a successful business, and a life you are proud to live each day, being honest with yourself is required. When I set out on a mission to change my life and become an entrepreneur, I had to get clear on what it […] The post 3 questions to ask yourself if you want to become an entrepreneur appeared first on The Business Collective.

While understanding the basics of running a business is certainly important, your ability to recognize meaningful opportunities will play a major role in whether you author a lasting success story as an entrepreneur. The ability to identify (and act on) a worthwhile venture is always a skill worth cultivating. Identifying these opportunities isn't an exact […] The post Tips for recognizing a meaningful business opportunity: when you see one appeared first on The Business Collective.

People are always looking for some sort of a deal. It's an unfortunate fact, but running a small business means that you will inevitably be put in a position by a customer or prospect to give away your service or product for free: especially in today's current times. In a service-based business, it is especially […] The post What to say to customers who want something for free appeared first on The Business Collective.

Effectiveness comes down to producing desired results. The most successful entrepreneurs have mastered being effective because it makes them work smarter, eliminating unnecessary effort, and wasted time. Success cannot consistently happen when approached in a lazy, haphazard, hit-or-miss fashion. In this episode, Terry Fletcher talks about effectiveness rooted in discipline and routine: not talent or […] The post Habits of highly effective entrepreneurs appeared first on The Business Collective.

Social media is meant to be social: and Instagram is the most social of them all! Spending time engaging with other profiles can make a difference in your own profile's growth and engagement rate. Spending 15 minutes before and after your post hits can get the maximum benefit because this is the best time to […] The post Instagram Engagement appeared first on The Business Collective.

Marketing is how you see yourself. Advertising is how you act in public. Branding is how others see you. Terry explores the topic of your brand and helps you create goals to get started on your personal path to success. You can subscribe to our podcasts via: Apple Podcasts – https://podcasts.apple.com/us/podcast/the-business-collective/id1503553958 Google Podcasts – https://play.google.com/music/podcasts/portal#p:id=playpodcast/series&a=2093097254 […] The post Your brand and how others see you appeared first on The Business Collective.

Choosing a great name for your company is much trickier than most entrepreneurs first realize. The best brand names wander into our subconscious, unnoticed. They assimilate smoothly into different parts of our lives and take on real meanings. Whether you're talking about jumping into an Uber, going on a Tinder date or Whatsapping a friend, […] The post Choosing the right name for your business appeared first on The Business Collective.

Whether you are 25, 35 or 55 years of age, there is never a bad time to start a new business: and fulfill your dreams. Terry Fletcher shares ten secret steps you need to know before you dive head-first into starting your own business. Terry also talks about getting creative and what having the “business-mindset” […] The post 10 things you need to know to start your business appeared first on The Business Collective.

This week the Business Collective podcast wants to test your mindset with five things you need to know before becoming an entrepreneur. What is your niche? Do you have a purpose? Terry talks about realistic goals and the financial plans to get you started. Listen to find out if you are ready to take the next […] The post 5 things you should know before becoming an entrepreneur appeared first on The Business Collective.