Daily Data đ
Did you know that the average American is more confident in Small Businessâ˘ď¸ than they are in nearly any other major US institution? That's due to your hard work out there, entrepreneurs!
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But if you're one of those still on the fence, unsure if the entrepreneur's life is for you, let's break down some mythsâand missed opportunitiesâyou might have.Let's get one thing straight: there's no such thing as too young or too old to get started. You want to know why the average age for an entrepreneur starting their business is 42? It's because data has shown us that 42 truly is the average, and entrepreneurs get their start at a variety of ages!
Arguably more important than age, though? Help. And not just from employees. In those critical first months of business, having a mentor on your side is invaluableâliterally.
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The team behind The Grind will be the first to tell you: there's no shelf life on being an entrepreneur. Ask for help, and don't let anything hold you back.
Statistics gathered by Legal Zoom and Kabbage.
Top 10 Traits Entrepreneurial CEOs Have in Common
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Are entrepreneurs born or made? While some traits are inherent, we can also acquire and hone the qualities that make entrepreneurial leaders great.
When we look at some of the most successful entrepreneurial CEOs, we see common threads. Learning from them and making their qualities and skills your own takes time, but it will make your entrepreneurial journey that much easier.
If you like this article, get more from The Grind Podcast!
The Take
Don't forget to gift yourself something that keeps giving. This week, we're continuing our best-of list with... books! Now, if you know us, you know we don't always fall for the flashy titles. Regardless, these are sure to keep the season bright.
Click the picture above to download the Take of the week!
The Word
Check out our recommended reading for the week:
- 4 Visa Programs That Can Help Employers Solve Their Workforce Needs (U.S. Chamber of Commerce)
- No, this isn't about immigration or legal loopholes. This is a bonafide resource for navigating systems already in place to employ great help.
- Why should you care? Everyone's dealing with shortages. Time to get smart.
- No, this isn't about immigration or legal loopholes. This is a bonafide resource for navigating systems already in place to employ great help.
- Starting a Business With Your 401(k)? Be Careful. (NY Times)
- A common question is how to fund your start-up. This is one story to keep in mind when looking for the answer.
- Why should you care? Don't fall into a sinkhole before you've even gotten started.
- What Great Mentorship Looks Like in a Hybrid Workplace (Harvard Business Review)
- What happens if your mentor isn't available for coffee? What happens when they live statesâor oceansâaway?
- Why should you care? Remote and hybrid work environments are here to stay. Don't lose out on great mentoring because of it.
