Anika Jackson has been a serial entrepreneur before she knew the meaning of the word, it was ingrained in her DNA from both her European/American family and her family in Asia. Growing up with an immigrant mother in an extremely middle-class household, if she wanted something, she learned the business of how to achieve it, whether going door to door to sell knickknacks or coming up with other creative strategies. In high school, this passion […]
The entrepreneur freedom lifestyle comes with promises of forging your own path, making your own decisions, and living on your own terms. You choose your work; you perform your work and then inevitably your business becomes an extension of yourself. This is magnificent. No clocking in or out, no boss over our shoulders, we get to make the decisions and do business our way. Magnificent. And if you are an entrepreneur or a small business […]
Often the phrase, “work-life balance” is thrown around as advice to entrepreneurs. They are told they should strive to attain it, but it rarely gets defined tangibly. The consequences of improper work-life balance include burnout, loss of motivation, and general unhappiness for entrepreneurs. These side effects are detrimental to both an entrepreneur and their business but the question remains, how does one achieve balance as an entrepreneur? The answer is to be deliberate in the […]
After a business plan, what follows is a business continuity plan. Unlike a business plan, a business continuity plan (BCP) is a document that outlines how the business intends to continue with its operations in case of a disruption. More often than not, a business continuity plan is confused with a disaster recovery plan. BCP is much more comprehensive than the recovery plan and usually contains specific contingencies for the business processes, assets, human resources, […]
In our previous article on this series about starting a business, we looked at the various ways to refine your business. Today, we look at your business plan. A good business plan is one that guides you through each stage of your business. It is a plan that stipulates how best to handle growth, how to manage unforeseen circumstances, and how to respond to pressures both from with and outside the organization. As an entrepreneur, […]
