Are You an Entrepreneur? [Ultimate Entrepreneur Walkthrough]

Are You an Entrepreneur? [Ultimate Entrepreneur Walkthrough]

You’re reading this article right now because you might be an entrepreneur… want to make money online or have been thinking about how you could possibly start a business of your own at some point.

No matter why you are here or how you got here… you ARE here is reason enough to stick around.

Not everyone has what it takes to become an entrepreneur, but it’s never too late to get started. This is something that has been proven time and time again.

In this article I’ve hand selected some of the best entrepreneurial infographics to walk you through the process of seeing if you are an entrepreneur at heart, what kind of entrepreneur you are, how to get past failure and find success, while also inspiring you along the way and letting you know it’s NEVER too late to get started!

First, let’s see if you are an entrepreneur at heart…

You Might be an Entrepreneur

If you’ve passed that test, now it’s time to see WHAT KIND of entrepreneur than you might be….

Are You An Entrepreneur

Now that you have an idea what kind of entrepreneur you are… now you need to look at where you are in life.

WAIT! Don’t stress out just yet!

Many entrepreneurs, multi-millionaires and successful people were lost in life at one point as well.

Check out the infographic below to see how many others were currently lost in life in between the ages of 25 to 52….

Lost in Life Infographic

 

Oh no… now you are depressed… Don’t be! Age is just a number 🙂

I don’t care whether you are 25, 35 or 75… you still have plenty of time to make a difference!

Check out the infographic below to see how many other entrepreneurs just got started on their journey… even into their 60s.

Click here to open it full screen in a new browser tab.

 

Too Late To Start Infographic

 

There you go! I can see that twinkle in your eye already!

Yes, it’s great to be inspired by the success of others… however, don’t think success comes easy.

Richard Branson, Mark Zuckerberg, Bill Gates and many others all had BIG failures before they hit it big.

Don’t look at them as failures… instead call them challenges and learn from each of them.

How to Succeed Infographic

Guess what… even when you are sick of failing… even more failing might be on the horizon.

The important thing is to never give up. Just look at this sad path Abe Lincoln had to walk before becoming one of the most famous Presidents of all time and immortalized forever on the $5 bill!

Never Stop Trying Infographic

This last infographic is my favorite… check out the dude at the bottom, he’s so close!

How Many Times Should You Try Infographic

I hope you enjoyed this awesome collection of infographics on the every day life, struggle and success of a typical entrepreneur.

Now go kick your failures to the curb and break down that wall with the gold mind sitting behind it!

 

Infographic credits:

Special thanks to Anna Vital for creating many of these awesome infographics, as well as NinjaInfographic, Funders and Founders, Masters in Business.

The Ultimate HTML 5 Cheat Sheet Infographic

The Ultimate HTML 5 Cheat Sheet Infographic

When I first started making websites and money online, there was no such thing as WordPress. In fact, the process of creating a website was quite complex. Here’s how it would typical go for a site owner back in the 90s and early 2000s.

  • Use a program like Microsoft FrontPage to create a site (or)
  • Design a site in Photoshop and cut it into HTML
  • Upload each update to your site through FTP software
  • Update your site in site editor software, reupload through FTP

The process was quite tedious compared to how simple everything is today, and the image below pretty much sums up what it would look like if you wanted to make updates to your website back in the days of static websites and HTML. It’s safe to say that if there were no WordPress, there simply wouldn’t be as many websites and blogs on the internet today… as it’s now just a push button process and for more site owners and bloggers, there is no need to even know what HTML of FTP is.

Writing in HTML

However, just because WordPress is now the content management platform of choice, doesn’t mean there still isn’t a need for HTML. Most websites and blogs are still made up of HTML, you just don’t see it unless you are a coder, site designer or mess around with formatting and setting.

Everything You Need to Know About HTML 5

Through the HTML 5 Mega Cheat Sheet infographic below (provided by MakeaWebsiteHub.com), site owners and designers can find everything they needed to know in terms of what HTML coding to use. Also covered within the infographic below, you will find tags, existing attributes in HTML 4 and 5, mobile HTML, HTML 5 browser support, event handler content attributes and canvas elements.

HTML 5 Cheat Sheet

The Ultimate Guide To Streamlining Your Accounts Payable Process

The Ultimate Guide To Streamlining Your Accounts Payable Process

Let’s face it: the process of improving and streamlining your accounts payable process can feel like you’re drowning in a sea of busywork. It’s also one of the most important, yet overlooked, processes within a business that can actually make you go from negative to positive in monthly ROI. This is especially true with online businesses, as many of use are using various automation, SEO, and marketing tools that have built-in recurring monthly costs… but how many of them are we actually using, yet still paying for?

This is something I occasionally talk about on the blog, as it’s a great reminder to always keep an eye on not just what your monthly expenses are, but also what they are actually being spent on. We all watch the incoming and outgoing money within our businesses and brands, but many of us will forget to actually look through our credit card and banking statements to see who is billing what. Soon enough, you could have thousands in monthly recurring bills, and not even realize that you aren’t utilizing such services.

It’s not just affiliate marketers and bloggers that have to deal with these types of issues, it’s businesses of all sizes — and it really comes down to the various payment processors, invoice tracking, and tax software being used. The truth is that an inefficient accounts payable system costs you in time , money, and anxiety. Between chasing down your tax information, waiting for invoices to be verified, and frantically paying bills at the last second, things will slip through the cracks.

You won’t just lose money. Your company’s reputation will suffer as a result. You might lose important business relationships that you’ve worked hard to build.

It’s time to make a change for the better.

Read on to learn how to improve your current accounts payable procedures.

1. Look for Patterns in Your Payments

The first thing that you need to do when you’re ready to make over your accounts payable process?

Think about how you can get out in front of upcoming payments.

The best way to do this is to look for payment and invoice patterns, and then create a matching schedule of accounts payable.

For example, do you know that your supplier sends you a bill on the first Monday of every month? If so, you know that this payment to your suppliers is a fixed cost every month. You should schedule an automatic payment, since it will likely be in the same amount each time.

Additionally, figure out who you sent the most money to, the most frequently.

This will help you to keep better track of your spending pattern, and know who to prioritize when it comes to getting payments out on time.

One more thing you might discover during this review process?

The fact that you’re not exactly spending your company’s money in the most effective way. Taking a closer look at things won’t just help you to spend less time each month on accounts payable.

There’s also a good chance that it will help to save you some serious money.

2. Define Your Invoice Payment Strategy

You know that paying invoices on time and in the correct amount is an essential way to maintain excellent relationships with freelancers and suppliers alike.

However, if you’ve noticed that your accounts payable process seems to be missing the mark when it comes to invoices?

You need to make a change — and fast.

First of all, decide when you’ll pay the invoices that are sent to you. Is the goal simply to get them paid as quickly as possible? Or, is it better to send payments at a set date?

Determine the payment method that you use. Will you write them a check, or do they prefer to get their money sent to them via systems like PayPal? And which method of payment works best for your business?

You should also make sure that you have a strong record-keeping system in place when it comes to your invoices. That way, even if something does go wrong, you’ll be able to track exactly when and how it happened.

One final piece of often-overlooked advice?

It’s simple: make sure that you have the right employees working on accounts payable.

Is now the time to create a specific accounts payable department, as opposed to assigning invoices to “whoever has time” to complete them? What short of qualifications do the people working in accounts payable have? What sort of training program have you implemented?

These are certainly all things to consider — and to speak with your team honestly about.

If you need to hire someone new, then the cost of bringing them on will likely pay for itself in the time the rest of your team members will earn back.

3. Consider a Payment Automation System

Of course, if you’re truly serious about improving your current accounts payable process, then you’re likely going to need to invest in a payment automation system.

Look for a system that allows you to make payments in a variety of currencies and payment methods. You should also decide on an option that helps you to eliminate as many rejected payments as possible.

The goal here is to find a platform that helps you through every part of the AP process — including making early payments.

Also, ensure that the payment automation system you choose helps you to keeps things secure and compliant. The right system will scan potential payees and identify potentially fraudulent or problematic companies.

Finally, make sure that you take a close look at the transaction fees of any payment automation system you use. Remember that fees are usually charged on a per-transaction basis. So, cut down on the number of individual payments if possible.

Looking to learn more about what makes a great payment automation system?

If so, be sure that you check out the Tipalti website, to learn how their platform could save up to 80% of your accounts payable team’s time.

Once you’ve implemented each of these solutions and accounts payable processes, you may finally be at zen with your personal and business finances.

Ready to Overhaul Your Accounts Payable Process?

We hope that this post has helped you to understand what it takes to truly improve your accounts payable process — and eliminate errors in the process.

Of course, tackling accounts payable is just one smart of what helps you to streamline your time at the office, and get more out of every day.

You need to ensure that you have a strong digital and print marketing strategy, that you employees feel motivated within the work environment, and much more.

Keep on coming back to our blog to score even more tips on how to take your company to even higher heights.