Serial Entrepreneur

Thursday, September 28, 2006

I know a guy that's a serial entrepreneur. Actually, I know a couple of these guys and they're quite remarkable. Why? Because they refined their balance skills to such a point that they can actually launch several successful companies at the same time, while maintaining balance with their families. I keep an eye on this type of entrepreneur for a specific reason - because I know I'll be doing the same thing and I try and learn from these guys so I can find balance in life when trying to launch more than one company at the same time.

With my last day of employment coming up just tomorrow, I'm stoked about being able to focus on my business (businesses, actually). I've got three different businesses that I'm working on right out of the gates and they're all related to one another, which makes it even more exciting.

Well, my friends, I know I haven't been able to post episodes of my video podcast nearly as fast as I'd like to, but I have lots of footage so stay tuned for some really good ones coming up!

Full speed ahead!

Getting Nervous

Thursday, September 21, 2006

I'm running the final lap of my employment here at my day job. Things are getting crazy busy for me. My last week as an employee will be stressful in trying to help make sure a show we're putting on for our customers goes smoothly. In addition to being busy at my employment, I'm also extremely busy trying to start with all the projects I'm getting with various clients. But I've mentioned that I'm busy already... no need to beat a dead horse.

I am nervous though. This is the biggest career move I've made - every. Period. And to think that my pregnant wife and 3 kids are depending on me to provide them with what they need is an overwhelming thing to think about. So I feel similar emotions to being on top of a huge roller coaster, getting ready to get to know the unknown. My mind is racing with a gazillion (is that a number?) thoughts all day long. Then, I try and settle my emotions by remembering that this is life. And life is about learning, growing, relationships and many other more important things that business. So I'm going to try and start a company... big deal! This happens all the time. My only fear is failing, but then I remember that failing is how we learn.

Here I go...

Crazy Work Schedule

Friday, September 15, 2006

This has been probably one of the most difficult, yet exciting, weeks of my life. It's been mentally and emotionally challenging since I let my employer know that I'm leaving to start my own business. The anxiety of anticipating how they'd react and if I would be able to keep them as a client was pretty intense. In the end, they may contract me for some work here and there but they are looking to replace me because they like having a person in the office full time. Now it's time to move forward! I've had a mix of extreme hours and I'm ready for a nap this weekend (fingers crossed). Waking up at 3:30 AM one day then followed by a couple of days of staying up 'til 3 AM are taking a toll on my physically. But I'm driven and I'm moving forward full-speed ahead!

Business License

Friday, September 08, 2006

At the beginning of 2006, when I established Zoom Agent as an LLC, I went through the process of obtaining a business license. Why get a business license if I'm not even doing it full time yet? Well, There are several reasons:

- Establish credit for myself for the future. If I go to get any sort of loan (business, house, etc.) and I am a business owner, lenders like to see at least 2 years history with a business license.

- Avoid legal issues. With a business license, you can avoid some unnecessary legal issues that otherwise might arise if you're caught conducting a business without one.

- Looking the part. With a business license, I suppose you can look more the part of having a real business.

Speaking of which, I recently moved and need to get a new business license for the city I live in now.

Job Security

Wednesday, September 06, 2006

This is the reason most people don't jump off to start their own business - job security. Why leave the comfort of a steady pay and benefits to risk it all with the chance to fall flat on your face? And I think that's a fair question to ask yourself. And if common comfort is what you're looking for, perhaps sticking with your day job is right for you. But if you're looking for financial freedom (which I don't have yet, but am working towards) is what your vision of "job security" is, you'll have to leave your teddy and blanket behind and get uncomfortable for a while.

This is a difficult thing to do, trust me. I'm in the middle of trying to leave my security blanket behind and I know that it's a very real fear to have my family's comfort on the line. But optimistically, there are a lot of entrepreneurs that have left their blankets behind and never looked back. And guess what... They're doing better than they ever were when they were an employee.

And this will be one of my purposes in conducting interviews with other entrepreneurs - to help us all see that it is scary, but very possible.

Look for episodes with interviews in the near future!

Finding Balance

Tuesday, September 05, 2006

So far, the most difficult thing about becoming (and being) an entrepreneur is finding balance in life. I have a wife and 3 kids to not only support financially, but emotionally as well. All the business success in the world could not replace my family, so it's paramount that I learn how to balance my life so that I can be there emotionally for my family, while working long days/nights to be able to take the leap and build my own business full time.

There are times when I feel that I am a well oiled machine when it comes to my work. Things are going great! Then, my wife reminds me that I'm neglecting a few family responsibilities, so I shift my focus to my family. Before too long, I feel the pressures of business stack upon my shoulders and I become stressed and overwhelmed with work. Sound familiar? You're not alone. I feel this all the time -- a constant effort is required on my part to keep everything in check. And sure I become unbalanced to one side or the other, but in time I should be able to look back and see that I'm less unbalanced than I used to be.

Most of the time, I feel like I'm just spinning plates.

Toll Road

Friday, September 01, 2006

I feel like I took a toll road and my body is paying the price for it. I've been working too much! I suffer from deskitis and I'm feeling the effects. My back is sore, I'm tired, my gut is growing softer every day... it's not good, my friends. There are several entrepreneurs that I know that are in great shape AND they are financially successful. So what I'm I getting at? I need to create some time to take care of my body. If my body is in good shape, it's likely that my mind will also be in better shape. There was a study done a while back (sorry I don't remember the details of it off the top of my head) that showed that entrepreneurs that did regular cardio exercise had higher sales compared to both weight-lifters and couch potatoes.

The difficult part is NOT creating a schedule. In fact, that part is easy. What's difficult is deciding that you need to just do it and not wait until you have the motivation. Motivation will probably occur after you create the habit (which is usually done by forcing yourself to do it).

I'm no expert in this field, so please feel free to comment on how one can be more healthy with a busy work schedule.