Whats up Young Boss, Are you ready to break-up with your boss? Are you ready to tell him or her that its over because you're running off to start your own business? If this is you, don't do anything until you watch this interview of Naketa Thigpen on Master Plan. On this episode Naketa discusses how new entrepreneurs struggle in the beginning of their entrepreneurial journey because they do not set realistic expectations. Watch this Clip of Nekata. If you like what you learn Please SUBSCRIBE COMMENT AND SHARE Please subscribe to our Youtube Channel. YoungBossEconomicClub.com Copyright 2017
What's up Young Boss, Are you looking at the news and growing tired of seeing injustices against Black and Brown communities? Me too, and that's why I started my own business. Too many people are looking for "The Revolution" like they are looking for a job. They want someone to give them direction and purpose; willing to follow anyone who promises visible disruption. Way too many people in my generation, have a fantasy of riots and protests that make the morning news and gets the attention of decision makers in government. I ask you this, in the long run, how will this improve your day to day life and improve the state of your community? An entrepreneur searches for their own purpose and implements their own plan. For me, this is the definition of freedom. While many people are ...
What's Up, Young Boss! Being a first-generation entrepreneur is hard. Your family either thinks that you should have a lot of money already OR that you actually don't work and don't have a legitimate business, especially if it's an online business or a multi-level marketing business. You will probably get scammed like the rest of us and have rough days mentally and financially. As a first-generation entrepreneur, the following are the most painful lessons to learn and will determine whether you are fit to be an entrepreneur. Your family does not understand why you can't just get a job and be happy When you are the first to start a business in your family, there will be plenty of days that you feel lost and unsupported. To most people, starting a business is a scary idea
What's Up, Young Boss! Being clear about what you want from your business is going to be vital to your success as an entrepreneur. We all have something that we are passionate about but will our passion business generate the type of revenue that we want and need to pay for bills, debt and desired lifestyle. Maybe you want to pay down student loans or maybe you want to save up for a family trip to Disney Land. No matter what your financial goals are, you need to be clear about what it is that you want to accomplish because if it's not going to make you the money that you need, you should try doing something else. Is My Business Real or Is it just a Hobby? A passion that does not make you any money is a hobby. The first year, or two, for most businesses are challenging.
What's Up, Young Boss! Let's be real for a moment! Starting a business is hard and staying in business is even harder. There are days when you will feel like your business is failing and will never hit the goals that you set in your business plan (I am assuming that you have a business plan). We are all entitled to have our bad days. This is the nature of being human. What I want to focus on are ways that we can overcome these temporary moments to prevent us from having unproductive days and fall into entrepreneur depression. Being a business owner requires you to be persistent and flexible because nothing ever turns out the way that you see it in your mind. Because I too have days when it's difficult to jump out of bed and get started, I wanted to share with you a few way
What's Up, Young Boss! As a first-generation entrepreneur, having a business mentor is vital to your longevity. We need business advisors that will give us honest information that is helpful to our business and personal journey. A business mentor is any person that owns a business, that you would like to learn from, who is also willing to help you achieve your business goals. Having a mentor will help you avoid common pitfalls that many entrepreneurs experience. A mentor will teach you practical information that will allow you to skip steps on your success path and help you get to your destination quicker. How to find a Mentor Here are 3 quick ways to find a business mentor: People that you already know. Maybe you know a successful entrepreneur who you would like to be your m
What's up Young Boss, This week our Boss of the Week is Dawn Ellison aka Coach Dee of Queens, New York. Coach Dee has been designing clothing since 2000. In high school she was a basketball star, but after a serious injury she could no longer work or hoop. Following a suggestion from her mother, Coach Dee decided to turn her love for drawing into a business. Over the past 17 years, Coach Dee has expanded her brand to include Code 31, and DUMB (Don't Underestimate My Blessings), while remaining active in her community. In Queens, Coach Dee is a basketball coach. Following the passing of her brother, she started the Marc Ellison Basketball Tournament to honor his legacy and commitment to improving the future of the next generation, on and off the court. Lessons From Coa
What's Up Young Boss, Are you setting realistic goals for yourself and your online business? Do you have small achievable goals for each day leading up to one big goal set on a specific date? If you don't have a very detailed plan to accomplish your life and business goals then you may be in trouble of spinning your wheels without getting anywhere. Creating a to-do list and keeping track of each task that you accomplish will help you avoid making costly mistakes and wasting valuable time. Every night before bed, I create a to-do list for the next day. I also spend 30 minutes writing in my journal every day. Free flow writing helps me organize the millions of thoughts swarming through my mind; giving me the opportunity to analyze my past, present, and future. Star...
What's up Young Boss, In the next few years, we will witness the largest removal of retail jobs in our nation's history. With the advancement of technology, low skilled jobs and retail jobs will be wiped out; never to return. If consumers around the world prefer to shop online, why would a business owner continue to pay you for a job that is no longer important? If a kiosk can take an order and process the payment, why does a store owner need to pay a cashier?... They don't. If you are working in retail right now, I'm sure that you have felt the pressure sneaking up on you to find a better job, get more training and find a way to make money doing something else, but are you doing it, or are you waiting for disaster to strike. The end of retail is coming, like it or n
What's up Young Boss Or should I say "What's up Beautiful!" This is how I was greeted at Heavenly Hotdogs, located inside the NorthEast Market in Baltimore Maryland. If you have been keeping up with my posts, you may know that I have been running my online business from John Hopkins Hosptial, on and off, for the last 2 months. Taking care of a loved one can be difficult so it is important to take a break and enjoy some down time when you can. Heavenly Hotdogs is more than a restaurant but it is a place of familiarity, friendship, and really good food. Now personally, I don't eat pork so I can not tell you how amazing the ribs and hotdogs are but the bbq chicken is fresh off the grill and juicy. The mac and cheese, potato salad and sweet potatoes taste like your Souther