Man with wedding band typing on a macbook air

4 Duties You Should Delegate Right Now

Running a company requires focus, a trait some entrepreneurs, especially young people, sometimes lack. If you’re one who tends to get distracted by all that has to be done to the point that it impacts what you should be doing, then it’s time to pay attention.
It doesn’t matter what you do or why you do it. If that’s the key task that makes you money, you need to be focused on that, as well as on the task of bringing in more of that. But too many business leaders get bogged down in activities that definitely need to be done, just not by them. Maybe it’s control or obsession or fear, but it’s definitely a common failing. Don’t let it happen to you.

Here are four necessary duties you should already be delegating…

Continue reading “4 Duties You Should Delegate Right Now”

kmart brand

Kmart Continuing Downward Spiral

Things seem to be going from bad to worse for Kmart. A few years back, Sears tried to re-energize the failing discount department store but didn’t have much success. A recent announcement out of Alabama says things are getting no better.

According to various media reports, Sears Holdings will shutter four more Alabama Kmart stores as part of a national cost-cutting initiative. The company plans to close 68 Kmart stores total.

Continue reading “Kmart Continuing Downward Spiral”

Roman Temkin

Advice for Young Business Owners from One Who’s Been There

You didn’t get into business to fail, but 8 out of 10 people reading this story probably will at some point. That’s the nature of business, even the best ideas and the hardest workers can get caught up in problems that bring them down. Might be you, but it doesn’t have to be. Here’s some advice from a guy who’s built something that works. Continue reading “Advice for Young Business Owners from One Who’s Been There”

Like a Boss by Roman Temkin

You’re the boss – EMBRACE IT!

What is a “boss”? It’s more than the guy with “Number 1” on his coffee cup. More than the corner office and much more than the designated parking space. Being the boss is so much better – and harder and more challenging – than that. Being the boss means more glory and much, much more responsibility. You get credit for other people’s work, sure, but you also get blamed for other people’s screw-ups. People pat you on the back for things that came out of sheer luck and blast you in public for problems you had no control over. Guess which happens more often?
Continue reading “You’re the boss – EMBRACE IT!”

Busyness at work by Roman Temkin

Busyness is not a virtue

Business pays, but busyness can kill your profit margins

We all know those people, no matter when you call them or what you want to see them about, they are always “so busy” or “too busy” or “trying to play catch up.” You know what else those people are doing? Everything wrong. Busyness is not a virtue, not a badge of honor … and it is no indication of success.

Continue reading “Busyness is not a virtue”

Sean Parker Charitable Entrepreneur - Roman Temkin

The Benefits of Being a Charitable Entrepreneur

As an entrepreneur, your biggest incentive in your business efforts is probably to make money for you and your family. Of course, there is absolutely no shame in that. The drive to earn a higher income is what pushes most people towards becoming entrepreneurs. However, using your income from your entrepreneurial efforts for charitable causes is almost always a good idea. Charity benefits entrepreneurs in many different ways. To help persuade you to use a portion of your income from your entrepreneurship to do some good in this world, here are some of the benefits of being a charitable entrepreneur.

Continue reading “The Benefits of Being a Charitable Entrepreneur”

stressed out worker

Four Reasons Why Entrepreneurship Is Not For The Weak-Hearted

The majority of articles online about entrepreneurship make it sound almost utopian. Start a business, use some simple marketing tips and you’ll enjoy success and fortune beyond your wildest dreams. Unfortunately, a lot of these articles are lying to you. While it’s possible to enjoy amazing success as an entrepreneur, it’s not a simple endeavor that everyone can automatically succeed at doing. To ensure that you know what you’re doing when you embark on starting your own business, here are four reasons why entrepreneurship is not for the weak-hearted.

Continue reading “Four Reasons Why Entrepreneurship Is Not For The Weak-Hearted”