Social Entrepreneurship

Profit is Not a Four-Letter Word

Profit is Not a Four-Letter Word

I attend many entrepreneurship events and belong to several entrepreneurship groups. There I see entrepreneurs hungry for success, entrepreneurs who recognize that the bottom line is the most important measure of their success - an organization that makes healthy profits can grow, can scale, and can impact more customers. 

I would describe very few of these entrepreneurs as greedy - they are simply driven to make their companies succeed. They're driven by passion for an idea and recognize that the best way to see that idea spread is to build a highly profitable enterprise.

Applied to the social enterprise sector, that same profit drive, would, in my humble opinion, be transformative. It's why I urge social entrepreneurs to address their business model first, then build out their 'social' model.

Ride Shotgun - Building a Profitable Side Business

Ride Shotgun - Building a Profitable Side Business

Join me for the ride... I'll be writing regularly about my progress, with a goal of getting to $5,000 in monthly revenue in 3 months or less (roughly mid-July 2015). Because my (financial) costs are minimal, most of that revenue will end up as profit - if I can hit my targets I'll have a nice side income, and hope to demonstrate that this is possible for others as well. Many of the entrepreneurs that I teach and consult with follow the same path, launching their businesses while pursuing other, often full time, employment.

Getting Up (Really) Early

Getting Up (Really) Early

Studies of successful people all point to different habits and reasons for their success, but they all seem to agree on one thing:

Successful people get up early.

Getting up early in the morning has been a total game-changer for me. Getting up early buys me several extra hours of focused, productive and undistracted time each day, and sets an amazing tone for the day ahead.