Timely Insights

  • Are You Too Smart to Start a Successful Business?

If you’re super smart, then logically you’d be the best possible candidate to launch a company, right? Maybe not. Investment banker and business strategist Carol Roth argues that you’ll probably find it harder to succeed than someone with less brainpower would.

In The Entrepreneur Equation: Evaluating the Realities, Risks and Rewards of Having Your Own Business, Roth identifies special challenges you’re likely to face founding a firm. Her points include;

  1. You try to do everything yourself
  2. You haven’t learned how to transfer your skills to others
  3. You have more to lose
  4. You find it tough to keep things simple

If this is relevant for you, go to the article in Profit Guide.

  • Managing Generation Y . . .

No generation in today’s workforce is as maligned as the cohort known as Generation Y or the Millennials. Born between the late 1970s and early 2000s, members of the Gen Y cohort are often described as self-absorbed, impatient, overconfident and the keepers of a massive sense of entitlement. In an episode of the Business Coach Podcast Ian Portsmouth chats with Grail Noble, the founder and President of Toronto based event management firm Yellow House Events.

From 2005 to 2010, sales at Yellow House grew by 1,268 percent, earning it 41st spot on this year’s PROFIT 200 ranking of Canada’s fastest growing companies. All of that growth was achieved with an employee base comprised exclusively of Millennials. Go here for the inside track.

  • Quotable Quotes . . .

"There is nothing like a challenge to bring out the best in man." -- Sean Connery

"You must accept that you might fail; then, if you do your best and still don't win, at least you can be satisfied that you've tried. If you don't accept failure as a possibility, you don't set high goals, you don't branch out, you don't try - you don't take the risk." -- Rosalynn Carter

"When you give your children knowledge, you are telling them what to think. When you give your children wisdom, you do not tell them what to know, or what is true, but, rather, how to get to their own truth." -- Neale Donald Walsch

"If ever there is tomorrow when we're not together... there is something you must always remember. You are braver than you believe, stronger than you seem, and smarter than you think. But the most important thing is, even if we're apart . . . I'll always be with you." -- Winnie the Pooh

"Be yourself; everyone else is already taken." -- Oscar Wilde