#AskPeshev 33: Busting Entrepreneurship Myths & Productivity Tips

#AskPeshev 33: Busting Entrepreneurship Myths & Productivity Tips

March 25, 2020

“Unless you happen to have 6 figures or more just lying around, figuring out the long-term plan is essential in order to

 ensure sustainability.”

— Mario Peshev

Two common topics amidst the COVID-19 crisis are:

  1. Should I consider a new venture myself?

  2. How to effectively work in the new crisis, full of distractions, fear, and uncertainty?

To mitigate these frequent questions we receive here, I’ve included two pieces that went live on Inc. Magazine and Smart Brief over the past few days. We discussed entrepreneurship briefly in the past issue but it’s still an important discussion to have. Check them out and let me know what else would you like to learn over the coming weeks.Mario  

And while running your own business is exhilarating at first, only half of businesses that employ staff survive the first five years, according to Small Business Administration data. The struggle of successfully running your company while...

It's All About Reading...

Selling to businesses locally or internationally usually entails selling services or products.Products are a bit easier since you can provide a trial version of your product and broadcast it everywhere. Products are also well-defined, you can easily outline the scope of your product and draft several case studies tackling specific problems.Services are different. If you offer a wide range of services for different audiences, you need to niche down. 

We actually started with Pascal back in the day. Pascal was partially built to demonstrate the best programming techniques and practices which made it a good candidate for training. However, lots of modern languages are C-based. The syntax differences (plus its procedural approach) are not necessarily as applicable for young students trying to learn the...read more…

Management is all about handling your assignments in a productive manner alongside your team and everyone else involved.You have to deal with practical problems to solve on a day-to-day basis. Failing to build productive habits is inevitably going to let you down. Productivity techniques are often viewed as the holy grail for managers, executives, freelancers, and consultants across the globe.read more…

Remote work: Q&A after 10+ years of distributed experienceQ&A on remote working for employees and managers - after starting remote in 2008, I'll be sharing tips and tricks for handling the corona craze with minimum impact when switching remote. 

I have been ignoring unrecognized phone calls for 7 years now. The only reason I would pick up is if I'm waiting for a postman or a call from the customs/bank. And some folks get really insulted once we meet in person and tell me how I've been ignoring their calls (like this is the only way anyone can touch base, lol). I've prepared an extensive list of 16 logical reasons for avoiding phone calls in the first place (and inherently, random phone buzzes too).

However, studying each role is integral to building a strong team that operates successfully together. Lacking the skills to gauge experience and identify areas, where a member can chime in, will impact the balance within the department.

In the heat of the COVID-19 outbreak, when millions of Europeans are forced not to leave their homes, it's a valid time to ask us this question. Are Europeans prepared to shift to working from home for the coming months? 

Having a strong relationship with your customers usually goes through a long process of building trust.The easiest and most common approach is email marketing. Avoiding some of the most common mistakes made by marketers and applying some tricks behind the scenes will increase your email open rate, thus eventually skyrocketing your sales.

We're still running profitably and have cash in the bank because of our zealous financial planning based on these risk management techniques.Here are the 10 main laws of risk management we apply internally. Feel free to print this out and use it as a guideline for your startup if you don't have a risk management policy yet!