Experts Weigh In: How I Keep My Business From Burning Out

How I Keep My Business From Burning OutSummer is finally here, and for small business owners everywhere this is the time to relax and take a breather from last winter’s busy season, keeping up with resolutions from New Year’s, and filing taxes in the spring. But for some entrepreneurs, stopping to take a breather can easily mean just stopping… period. Before you burn out on your start-up, let our panel of 23 professionals fill you in on what you can start doing this summer to pump up your business and have a lot of fun, while beating the summer heat!

1) “We are based in gorgeous Santa Monica, CA, and are a walk away from the beach which means some of the most stunning work breaks you can think of. Given that this summer is the World Cup and we are a very diverse company, we encourage everyone to wear their country’s jerseys and will be showing major games in our movie room. We will also be sponsoring different meals based on the soccer teams playing that day! Every Friday during the summer, we break out the cocktails or head out to our local winery (bodega wine bar) to talk about the week over some yummy drinks for happy hour. For bonding, we have a monthly poker tournament which works well especially since we are growing and adding new faces often. It gives our team a great opportunity to bond with new members over a game of all in or fold.”

- David Daneshgar, Co-Founder, BloomNation

2) “We’re taking advantage of our green rebranding efforts to keep everyone psyched about coming into the office. Aside from bagel Fridays and get-to-know-your vendor meetings, Shoplet is instating an office-wide Share competition, whereby we motivate employees with fun, summer-friendly prizes to participate in our latest social media campaign Care. Share. Grow. (For each Share of a social media graphic, Shoplet plants a tree with Trees for the Future). The latest winner of our Share competition won tickets to a Yankees versus Red Sox game this September! In a way, the competitive spirit around the office unites us. It generates chatter and revs up excitement for our green initiatives.”

- Tony Ellison, CEO & Founder, Shoplet

3) “One way I plan ahead for the summer is by offering my employees a finder’s fee for each employee they refer. My argument is that there are no better headhunters than those who already work for you, especially because they are entrenched in the fast-paced environment every day and understand your business’ nuances, thus know whether the person they are referring can handle the pressure. After any prospective candidate is hired and works successfully for two months, I offer the finder employee a cash incentive of $50. It’s a tactic I’ve used for years and found that it’s been incredibly successful at combating summer turnover.”

- Dan Sacco, Owner, Pancheros Mexican Grill

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Experts Weigh In: My Luckiest Moment as an Entrepreneur

My Luckiest Moment as an EntrepreneurFor entrepreneurs, luck is a lot like snowflakes – no two instances of it are alike. Today, we’ve got a panel of small business owners on our blog who have experienced some seriously serendipitous moments with their companies. From signing a deal while at the zoo to feeding Bradley Cooper and Ryan Gosling and plenty of appearances on ABC’s Shark Tank in between, these 45 entrepreneurs prove that everything in life is luck!

1. “Speaking internationally selling marketing training at live seminars, my luckiest moment was with a small group of 23. At the end of the 3 hour training, 21 attendees purchased additional training for $497.00 making it the highest converting training I have given.”

- Nathan Amaral, Owner/CEO, Nathan Amaral International

2. “My luckiest moment came when I least expected it. I was struggling with my bills, because I quit my job several months before to start my own web design company and it didn’t go so well. It was really hard to keep myself motivated, but then the first client appeared from nowhere basically. Till this day, I have no idea how he then managed to find my half-baked website and make a purchase. From that moment on, everything just got better and better!”

- John Perry, Owner, Muse Templates Pro Company

3. “A couple of years after I started my company I had pitched a CEO about a month before I ran into her at a networking event where she was the keynote speaker and her topic was about being a woman leader in a traditionally male-dominated business. I had followed up after sending my proposal several times via e-mail and voicemail but the CEO never returned any of my messages or even acknowledged the receipt of the proposal requested. You can imagine my shock when she announced at this event as part of her speech that she believes it is important to put your money where your mouth is and for women CEO’s to support other respected, well-run women’s businesses and that is why she has hired my firm to handle all her company’s marketing and PR! Everyone congratulated me after – it was a better endorsement than an ad in the New York Times because she was very well known and had the reputation of being very tough with high standards so I got a LOT of business from people in the room that night because they thought if I was able to impress her, I must be very good! For a young company, it was a big moment.”

- Paige Arnof-Fenn, Founder & CEO, Mavens & Moguls

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Experts Weigh In: What I Love About Being an Entrepreneur (Part 2)

Experts Weigh In: What I Love About Being an Entrepreneur (Part 2)Last week, we asked 75 entrepreneurs to tell us what they loved about running their own businesses. The feedback we got was so overwhelming, today we have 76 more small business owners on deck telling us what drives and motivates them to be their own boss!

1. “I love being an entrepreneur because I am able to work from home and make money doing something incredibly fun for me. I get paid to drink tea, paint with watercolors, and watch Sherlock!”

- Anna White, Artist and Business Coach, 2dayIchoose

2. “What I love most about being an entrepreneur is being able to work every day with my wife. I know it sounds corny, especially at Valentine’s Day, but it’s true. My wife always says ‘I don’t want to be Batman, I like being Robin.’ When I was a kid, I was always Batman. That translates to an awesome working relationship. People ask us how we could stand being together all day at work and then at home again and we respond, we couldn’t stand to not be working together every day. We have a ton of fun working together and we wouldn’t have it any other way.”

- Buck Smolow, Co-Founder, JustPoppin.com

3. “My story-based content marketing company stems from my passion for creative writing, and a refusal to settle for anything less than success. While in university I had come to believe that I would never be hired by a company based merely on my writing skills. I was told that I must learn a variety of additional skills such as Photoshop, etc. Things that I had zero interest in. Rather than settling for an apparent reality I chose to create my own. Here’s to finding a passion and following it without fear. If you strive for excellence in your interest, the money will always follow. Believe me! #BeYourOwnBoss”

- Sarah Walker, CEO | Cursive Remedy Media

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Guest Post: How to Deal With an Angry Teenage Customer

Summer is here, and with this wonderful, warm season teens descend upon all kinds of businesses, flush with extra cash and time to kill. Teenagers make great customers for businesses, but when they can’t always get what they want, trouble can easily start. So how do you deal with angry teenage customers without losing your cool? Our guest poster Andrew Schrage, co-owner of Money Crashers Personal Finance, stepped in today to give us tips on how to keep calm and carry on with your youthful summertime customer base.

When dealing with an irritated teen customer, you have to first remain calm. This can be difficult, but it’s important to keep your cool to prevent the situation from escalating. Continue reading

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