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Forbes Coaches Council
Top business and career coaches from Forbes Coaches Council offer firsthand insights on leadership development & careers.
If the entrepreneurship bug has bitten you more than once, you may be what is typically referred to as a “serial entrepreneur.” You have several businesses under your hat. It seems no matter what you touch turns to gold. You have the ability to make a successful undertaking out of a good idea. But, you can also lose sight of your current businesses with a new venture on the horizon.
To remain in the game, you need to keep your eye on the prize and fully develop your businesses to their full capabilities. You need to hold tight to your passion and find a strategy that works for you that can help take all your companies to the promised land of success. This is why 15 members of Forbes Coaches Council provide below some of their best tips for serial entrepreneurs. Here is what they recommend:
1. Don’t Lose Your Passion
Being an entrepreneur can be exciting and challenging all at the same time. There is so much to do, and you and your company are often understaffed. However, don’t feel overwhelmed. Rely on your passion to keep you motivated. It is a tremendous feeling to accomplish something great which you are passionate about. – Donald Hatter, Donald Hatter Inc.
2. Stop, Put The Brakes On
Is it real or make-believe? Are you chasing the next sparkly idea or have your past endeavors been completed and wrapped up? The hardest part is finishing that final 10% of a project that just doesn’t get done, but we’re done with it, so we pack it in, all the while seeking the next thrilling creative adventure. If you’re a finisher, bravo! If not, examine the niggly threads and move on. – Christine J. Culbertson (Boyle), Coach Christine
3. Be Strategic