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Entrepreneurs by nature are proactive, so let’s be proactive about our well-being As entrepreneurs, we are wired to “crush it.” When it comes to our work and mental health, first let me share the positive: We know entrepreneurs are very well versed in aligning their businesses with their skills and values.
While starting a business is a common new year’s resolution, soon-to-be entrepreneurs make the leap for a variety of reasons. To effectively support any entrepreneur, you must develop an infrastructure of resources in your community. Early-stage entrepreneurs, like all entrepreneurs, have their own set of unique needs.
In March, EO recognizes and celebrates women entrepreneurs with its second annual EmpowHER virtual conference , which focuses on the specific challenges women in business experience. Women entrepreneurs will learn from experts how to navigate the three pillars of every woman entrepreneurs’ life: business, family and self.
Being an entrepreneur doesn’t make you a great leader, Creating opportunities for others is commendable, but true leadership goes beyond business ownership. Then I learned about the Entrepreneurs’ Organization and its chapter in Kenya from a friend and fellow member. That’s how a lot of entrepreneurs view leadership.
But as I rose in my career (and post MBA) I moved into a role in which I was to advise board-level executives on topics where I was expected to rapidly become an expert. For me, after nearly a decade in the trenches of being an entrepreneur I felt I was un-brainwashed from trying to pretend I had all the answers. It is unknowable.
Nine out of 10 entrepreneurs I know have long-term pain with their partners. The tenth entrepreneur without the headache is usually the one without a business partner. In this time of COVID-19, I reflect on the advice from John Fernyhough, who was a very successful lawyer and entrepreneur in New Zealand. Skills can be learned.
For startups, a good Board is better than no Board, but a bad Board is worse than anything. One component of a good Board is a high value add Independent Board Member, which in my experience, often doesn’t get added early enough (for a variety of reasons). I knew I wanted to help build it from the ground up.
Heidi Zak , Elon Musk, Oprah, Warren Buffet, Kendra Scott , Sara Blakely and Bill Gates—entrepreneurs may appear quite diverse, but they typically share a few key qualities. What makes an entrepreneur? The adage couldn’t be more true than in the context of successful entrepreneurs. A passion for connection.
I have been writing a series on how startup boards get selected, who sits on them and what to avoid. I started this series in part to help entrepreneurs but also to help newer investors because I’ve know with so many new companies you have so many new board members and many people are trying to figure out there respective roles.
I had a board meeting for NextPlus and I heard from one of the board members that Nanea Reeves (President & COO) was losing her husband to cancer. It made no sense to me that Nanea should be dragged away from time with her husband Vic Anderson to attend a board meeting. This week I was forced to reflect on it more fully.
As I undertake a significant next step in scaling my business—opening the Aldea model to interested franchisees across the country—I realize my success wouldn’t have been possible without the Entrepreneurs’ Organization (EO)’s role in my professional and personal evolution.
Written by Abdul Wahab Al-Halabi, partner, Decker & Halabi , and member, Entrepreneurs’ Organization UAE. A version of the following article originally appeared on Entrepreneur Middle East. As an entrepreneur in the UAE, I have been in consumer-facing industries, such as leisure, food and beverage and fitness.
McKelvey is a serial entrepreneur, inventor, philanthropist and artist. The irreverent first-person narrative is an insider’s view of the world of entrepreneurship and a call to action for all of us to find the entrepreneur within ourselves—one crazy idea at a time. . Entrepreneurs are rare. Submited by James McKelvey.
Manage All of Your Crazy Ideas and Review Them Each Quarter Like most entrepreneurs, I have no shortage of ideas. It’s frustrating when I see entrepreneurs jump on the same old business bandwagon with no real positioning as to how their company is different from the rest. For entrepreneurs, a shortage of ideas is never the problem.
He recruited Ann, a member of the firm’s Advisory Board, to be an independent facilitator. The post How Entrepreneurs Can Prevent Problems In Their Work-From-Home Strategy appeared first on Octane Blog – The official blog of the Entrepreneurs' Organization.
So, when MyEO presented the opportunity to spend four days on Necker Island, his private island in the British Virgin Islands (BVIs) with a group of 50 EO members from around the globe, I swiftly jumped on board. For more insights and inspiration from today’s leading entrepreneurs, check out EO on Inc.
Early stage investors are often asked to sit on boards, and many sets of investment terms require that outside investors sit on the key board committees. But what’s involved in being on an Audit Committee, and how do you do it right?
Investors appreciate entrepreneurs with big dreams, so don’t be afraid to aim high. As an entrepreneur, do more than just incorporate a CSR program into your business plan. The post 3 Tips for Getting Investors on Board With Your CSR Mission appeared first on Octane Blog – The official blog of the Entrepreneurs' Organization.
This is a very common scenario when entrepreneurs pitch VCs and frankly is a very common scenario when VCs try to raise money from LPs. I left the meeting and had to attend a 3-hour board meeting where two founders have been fighting and each want the other one fired. What do I do now?
The immersive three-and-a-half-day programme is based around three key themes – board leadership, cultural intelligence and climate awareness. Each day focusses on a different facet of being a director – you, your board and practical governance. Listen to Board Matters Season 3, Episode 2 to hear more from Maria King.
Associates often shadow partners at board meetings so that they can help follow up with the company on important initiatives between board meetings. I think it’s great for some people because it really does give you some solid benefits: board exposure / experience. Helping be the VC “presence” at key events.
By David Anderson, Chair of Entrepreneurs’ Organization Board of Directors. The Entrepreneurs’ Organization (EO) stands with the millions of Ukrainian people whose lives and livelihoods have been severely damaged by the impact of Russian forces. But this is not the only critical trouble spot in the world.
If an investor and an entrepreneur find each other difficult to work with, there is no easy solution. And so the result is likely to be entrepreneurs and investors getting stuck in bad marriages. I also think startup boards need to evolve. There is no divorce court for startups.
Pre-seed is just a narrower segment where you might raise $1–3 million on a SAFE note and not give out any board seats. And the truth is that several entrepreneurs prefer it this way. What we promise to entrepreneurs is that if we’re in for $3–4 million and things are going well but you just need more time to prove out your business?—?at
March 18, 2025) Last week, the New Jersey Economic Development Authority (NJEDA) Board approved the creation of the Next New Jersey Program – AI and the AI Innovation Challenge Administration Grant Program.
One area I’ve had much discussion with the companies in which I’ve invested in is bringing on board an operationally focused CFO. I think Ophir would agree that the business was transformed after we brought on board Phil Schraeder at the CFO (and later promoted to COO). And board confidence matters in growing companies.
Like the downturns in 2008 and 2001, this has been a very trying time for entrepreneurs running startups. Many entrepreneurs are reliant on outside funding, whether angel investors, venture capitalists or strategic investors , to keep the venture going. I interviewed a number of prominent VC’s and entrepreneurs for my recent book.
While you may be a strong leader, she asserts, the ability to adapt your strengths to each new organization, or to changes within the organization—new board members, new staff members, new shareholders—is the quality that will help you remain successful. . Organizations (like people) are always in transition.
Breaking the “Impossible” at VVM When I was at Valley Venture Mentors, we set this BHAG: “In ten years, catalyze entrepreneurs to change the economy of Western Massachusetts by generating $1 billion in cumulative revenue and investment.” ” At the time, we were running a startup accelerator for 6 companies.
Rather than using my investors as an excuse to be short-sighted and screw over the first entrepreneur that works in the door, I need to balance their need for return with the long term viability and reputation of the fund and the firm. Here''s what I am not: I am not necessarily an entrepreneur''s friend.
“Being an entrepreneur is not for the faint of heart. In recognition of Global Entrepreneurship Week , here’s how EO members from around the world responded when asked: What is the best thing about being an entrepreneur? Being an entrepreneur is the most meaningful job I’ve ever done. Freedom to Live the Life we Dream. “In
Ben Franklin Technology Partners of Central and Northern PA (Ben Franklin CNP) is pleased to announce the appointment of Angie Singer Keating to its Board of Directors as President. Her thought leadership extends to her role as the former board president of i-SIGMA, the International Secure Information Governance and Management Association.
To most entrepreneurs, this often leads to an event whose resolution by a governmental agency or even a court seems unfair and illogical. The chairman reviews the CEO, and if there is no separate chairperson, then the CEO should ask an outside board member to do so.) ” The post Entrepreneurs: Employment law is not on your side!
As the world’s premier, purpose-built organization with a mission to empower entrepreneurs from every industry, culture, and sector, the Entrepreneurs’ Organization (EO) is a member-led community created for entrepreneurs by entrepreneurs. and more articles from the EO blog.
As entrepreneurs transition and adjust to changes the pandemic caused in their companies, how can they build—or rebuild—not only a business but also a team of like-minded individuals with a common purpose or goal? And as an entrepreneur, I’m sure you enjoy the challenge of “impossible” anyways. But it’s not.
At least, that's how a lot of entrepreneurs feel. Perhaps if we spend more time talking about board participation, counseling entrepreneurs on decisions, helping them solve problems and working hard to recruit people, the type of people who apply to the job might change. So what gives? Why do VC's get such a bad rap?
I’d like to do a few posts on what life looks like on the way up and perhaps how to keep your head on straight and avoid drinking your own Kool Aid because as I often advise entrepreneurs on irrational exuberance, “ In a strong wind even turkeys can fly.” Most importantly – YOU need to care.
Chroma , a startup working to build a new type of audiovisual entertainment specifically for mobile devices, is now adding a Twitter co-founder to its board. As a board member, Stone expects to be meeting with the startup several times per month, in addition to the actual board meetings. million in seed funding (5.1
Are entrepreneurs born or made? While it helps to have that entrepreneurial flair inbuilt, there’s no reason you can’t learn and develop the qualities of an entrepreneur. Founder of rental matchmaker technology platform Pickmee, Felix Scholz, believes this is the first place all entrepreneurs need to start. We think both.
We also spoke about what it takes to be an effective board member. On the one hand I often find that some board members are seemingly reading the board materials on the fly and don’t have a firm grasp of the business fundamentals while on the other hand some board members like to tinker in the running of the business.
Last week a company we enthusiastically backed, uBeam , led by a very special entrepreneur, 25-year-old Meredith Perry , announced a $10 million round of financing. What person hasn’t crouched at an airport to get 18% extra on one’s battery before boarding an airplane? Entrepreneurs. ” **.
by Erick Slabaugh, a long-standing EO member in Seattle and former director on the EO Global Board “If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” The Origins David Galbenski and I served on the EO Global Board together in 2007. I loved the idea and his vision.
Many people think multitasking is a skill that women are naturally good at, but eventually working as an entrepreneur at a million miles an hour will take its toll. As female entrepreneurs, we are independent-minded and innovative, and this advice is critical for securing our future and the future of our families. Stop multitasking.
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