Tag: entrepreneurship

$200M+ Business to Losing it All – Dr. Eric J. Roman’s Story

Jason Fleagle
dr eric j roman from 1lifesystem

In the dynamic world of entrepreneurship, stories of triumph often come intertwined with tales of adversity. Dr. Eric J. Roman, a dentist turned entrepreneurial mentor, is no exception. His journey from building a dental empire to facing near bankruptcy is a testament to resilience, strategic thinking, and the power of intentional living. He now runs 1LifeSystem, an operating system for helping entrepreneurs and executives life a life of fun, freedom, & fulfillment. The Rise: Building a Dental Empire Eric’s journey into the dental industry began with a vision to revolutionize…

We’re Growing: Where Should You Invest First?

ConvergeTeam
We're Growing: Where Should You Invest First? | Business | Converge

Growth is a complex process for new entrepreneurs. On paper, the idea is to increase your revenue to bring your company to the next level. However, in practice, growth isn’t as straightforward as it seems. For entrepreneurs, building sufficient capital to finance their growth is only the beginning of the journey. The first and most important question you need to ask yourself is, where should you start investing? Indeed, the typical growth strategy is multi-sided and focuses on a variety of sectors and operations at the same time. There is…

The Key Things To Think About When Opening Your Restaurant

ConvergeTeam
The Key Things To Think About When Opening Your Restaurant | Entrepreneurship | Converge

Many people have a dream of working for themselves at some point in their lives, and it can often be part of the life plan. You get to the stage where you no longer want to spend time in a job that you hate, a career that doesn’t seem to be going anywhere, and doing things that just don’t give you any job satisfaction or worth at the end of the day. Lots of people feel this way, which is why your own business could be the answer. A lot…

Things to Learn Before You Start a Business

ConvergeTeam

We all dream of starting a business at some point. Often after a bad day at work or a disagreement with a manager. You might daydream about how you’d do it better or what you’d do differently. It’s easy to see the mistakes that other people are making, and when the business isn’t your own, it’s easy to be confident that you’d do a better job at running it. Unfortunately, it’s rarely that simple. Only a very lucky few go into business with no planning or preparation and do well.…

Potential Pitfalls Of Fundraising In Business

ConvergeTeam
Potential Pitfalls Of Fundraising In Business | Business | Converge

  Fundraising in business is a wonderful thing. What could be better than giving back and reaching out to those in need? It’s a fantastic way to use your privilege for good, and it doesn’t do too badly for your reputation, either. More importantly, efforts here could change lives if you put that money in the right places. The trouble is that, like anything, fundraising can go wrong. Even worse, this isn’t your typical business muck up. If even small mistakes are made during a fundraising event, you could end…

Making An Impression In The Board Room

ConvergeTeam
Making An Impression In The Board Room | Entrepreneurship | Converge

You’ve got a meeting to hold, and successfully run. You need to maintain your professional edge, and let everyone seated know that you know exactly what you’re doing… Even just thinking about pulling this off is exhausting! You’re an entrepreneur, and a new business owner, and you’ve got a team of staff to prove yourself to. You need them to understand that you’re the boss, and that you’ve got an air of authority. And yet, you’ve still got to be approachable – it’s hard to pull off when you have…

Does Your Business Location Tick All The Boxes?

ConvergeTeam
Does Your Business Location Tick All The Boxes? | Converge

When you start a new business from home, you can often be worried about whether or not the idea you had will become a success. But, fast forward to today and you might now be in a position where you can consider choosing a new business premises and moving your business forward. Of course, with the new addition to your business, you need to ensure that it ticks all the boxes for you. So here are some of the things to consider to help you make that choice. Ensuring the…

3 Ways To Show Investors That Your Business Is The Real Deal

ConvergeTeam
3 Ways To Show Investors That Your Business Is The Real Deal | Entrepreneurship | Converge

When your business is doing well and you’ve started to turn a profit, you might start thinking about expansion. If you’re going to do that, you’ll need a bit of money to help you along the way. You’ve got two options here, you could either save up the money for yourself or you can look for investment. The only issue with waiting until you can put all of that money aside is that it’s going to take a while and you might miss a good opportunity while you’ve got a…

Branching Out On Your Own Needn’t Be Lonely

ConvergeTeam
Branching Out On Your Own Needn't Be Lonely | Entrepreneurship | Converge

If you’re finally launching your very own startup after years of procrastination, you are probably excited yet terrified. You can’t wait to be your own boss, answer to no one, and make a name for yourself within your chosen industry. But, you are probably equally worried about the lack of buzz within your home office, you’ll miss the camaraderie of your colleagues, and generally worry about feeling a little bit lonely. Striking out on your own inevitably results in an anticlimax when you stroll into your home office in your…

Honest Progress: What Does It Really Take To Gain A Good Entrepreneurial Reputation?

ConvergeTeam
Honest Progress: What Does It Really Take To Gain A Good Entrepreneurial Reputation? | Business | Converge

When looking to grow your business, what do you consider to be the most important component? Everybody has their own perceptions, but when the topic of entrepreneurialism is concerned, reputation can go a long way. When starting out, referrals are essential, but what can you do to ensure that you have a good reputation so people will pick up the phone and call you? Is it all in the marketing, or is it something else? Controlling Your Image (but Not Too Much) While we can take inspiration from the numerous…