The Pitfalls of Being an Overworked Entrepreneur

Starting your own business is exciting and stressful. Every entrepreneur wants badly for their business to succeed, so many spend every waking moment either working or thinking about their business. This overworked approach is dangerous for several reasons. By understanding these reasons and pitfalls, you can work to actively avoid them and make both your business and personal life more harmonious. Chronic Fatigue Most entrepreneurs pull the hours that seem to be missing in their full days directly from their sleep banks. It is tough to sleep when there is so much to do, so stress-related...

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How Can You Be Successful As a Digital Nomad?

With the beauty of having the internet at our fingertips practically no matter where in the world we go, many people are opting to become digital nomads. Digital nomads are basically people that travel on a continuous basis, stopping for just a few days or weeks in each place. If you have a job that simply requires internet access and you are considering becoming a digital nomad, the following tips can help you to be successful in that lifestyle. Plan Ahead to Ensure Internet Access Since internet is critical, it is important to plan ahead to make sure that you will have internet access no...

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4 Tips for Balancing Your Business and Personal Life

Balancing your business and personal life is a constant challenge. It may be tempting to put all of your hours and effort into your business when starting out, but this sets a dangerous precedent. Consider the following tips to find a harmonious balance right from the start. 1. Know the difference between productivity & just being busy How many times have you been busy in the last week? Now count how many times you have felt actually productive.  It seems that between the gym, meetings, running errands, and piano recitals we’re constantly busy, yet not getting a lot done. Instead of...

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What Is Residual Income and Why Is It Coveted?

Residual income has become something of a buzzword that some are boasting of and others are aspiring to acquire. For those that don’t understand residual income, it can seem like a fantasy. Residual income is real, however, and can be very beneficial for those that know how to earn it. Residual Income Defined Residual income, also known as passive income, consists of earnings that continue to come in for a job after it is completed. Most income that is earned is active income. Active income is compensation that directly relates to the amount of hours worked or the specific job that was...

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4 Common Pieces of Business Advice That You Should Ignore

Announcing your intention to start a business is likely to open the floodgates to a deluge of business suggestions. Most everyone has had some experience running a business, watching someone else run a business, or at least working for a business, so many feel that these experiences qualify them to give advice. Unfortunately, the vast majority of this advice is not sound and should absolutely be ignored. The following are a few commonly doled out pieces of advice that fall into this category. 1. Don’t Take Risks From the announcement of your intention to start a business, there are likely to...

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Stay Productive When Working from Home with These 4 Tricks

If you are going from working in the corporate world to running your own business from home, it can feel like you just won the lottery. There are many advantages to working from home and it is a dream come true for many people. However, after the shine wears off, there are also many challenges to overcome. Daily home chores, familial obligations, and other distractions can make it hard to get work done. To stay productive and on track, consider trying these tricks. Establish Regular Work Hours While flexibility can be a blessing, too much flexibility may just keep you working all day and...

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