Painful Lessons for Getting an Investment Deal on ‘Shark Tank’

June 22, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. There’s a Chinese proverb of one being honored by a single glance. It comes from an old story of a horse expert whose mere glance caused a horse’s value to rise significantly.   Shark Tank‘s titular innovation-hunters have that power: A mere inquiry into a product persuades thousands of TV spectators to buy it. Overnight, an unknown venture’s chance of success and valuation rises significantly. The ABC series is in its 12th season, and its formula for televising brutal business truths still resonates with a national audience, continuing to accrue nearly five million viewers per episode.  Above all, the show demonstrates the following crucial, if not painful, lessons for entrepreneurs who need financing, as well as for novices on how venture capital works.  Related: What You Can Learn from ‘Shark Tank’ Contestants’ Successes (and Failures) Know Thy Numbers The Golden […]

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Why Making Money Shouldn’t Be Your Only Goal in Life

June 5, 2020 6 min read Opinions expressed by Entrepreneur contributors are their own. “Money can’t buy happiness.” We’ve all heard this sentence (and others like it) countless times before, seen it printed on motivational posters and ascribed to various celebrities and philosophers. But do any of us truly, genuinely believe it? For most people, the answer is a resounding no. In simple and obvious ways, we all need money for everything from fulfilling basic needs necessary for survival to making our wildest dreams come true.  Related: 9 Success Habits of Wealthy People That Cost Nothing But making money should not be the one overarching goal in life, overshadowing everything else we have going on. Money is a means to an end When most people visualize a seven-, eight- or even nine-figure net worth, they aren’t thinking of the money itself: The real value of money is what you can do with it. In truth, money itself […]

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Nataly Kogan Knows We Can All Still Be Happy

May 13, 2020 7 min read Opinions expressed by Entrepreneur contributors are their own. Has the world ever needed a healthy dose of happiness more than it does right now? After all, the power of happiness is transformative. It lifts us, rejuvenates our spirit and gives us renewed energy and resolve to meet the unprecedented challenges we’re facing today. At times like this, the impact of happiness on work culture and the health of employees becomes more important than ever. Happiness can reshape a company’s culture and bring us closer together as a community, even though we’re physically apart. That’s why the insights of happiness expert Nataly Kogan take on a particularly profound meaning today. She’s just the tonic for these unprecedented times. Despite reaching the highest levels of corporate success by her mid-20s, Kogan felt unfulfilled. She was building her life in the United States after immigrating as a refugee […]

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10 Movies All Entrepreneurs Should Watch on Amazon

May 8, 2020 9 min read Opinions expressed by Entrepreneur contributors are their own. Movies can be a great source of inspiration and entertainment, and a fun way to expand your knowledge base. If you’re familiar with Amazon, you probably already know that the online shopping platform has a video streaming service. It makes thousands of video titles available for free to its Amazon Prime members, and you can also rent or buy many other new and classic films. But there’s so much to choose from that it can be a bit overwhelming. Related: 10 TV Shows Every Entrepreneur Should Watch on Netflix The films listed below offer important lessons on a variety of topics relevant to entrepreneurs. To help you get the most out of your movie-watching experience, I’ve sorted these films under key topics and categorized them as being available to rent through Amazon, or available to watch for […]

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Should You Microdose to Treat Depression?

May 8, 2020 7 min read Opinions expressed by Entrepreneur contributors are their own. The following article is written by Ben Angel. Author of the book, Unstoppable: A 90-Day Plan to Biohack Your Mind and Body for Success. Buy it now from Amazon | Barnes & Noble | iBooks | IndieBound. And be sure to order The Unstoppable Journal, the only journal of its kind based on neuroscience, psychology and biohacking to help you reach your goals. If you asked 100 people about psychedelics, you’d most likely get 100 opinions based on their firsthand experience, strong condemnation or stories from their adventures at Woodstock in the ’60s. No matter what people might know or think they know about psychedelics, the 40-year moratorium that closed down related research in the ’70s is now coming to an end. Psychiatrists are beginning to realize that strategic, supervised use of these psychopharmacological drugs is helping people with mental disorders including obsessive-compulsive […]

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5 Games to Play on Your Next Virtual Happy Hour

Need to avoid (yet another) awkward silence? Be prepared with one of these games next time. May 6, 2020 5 min read Despite some states re-opening for business, it looks like most Americans will be following social distancing guidelines through the summer (and potentially into the fall). One silver lining of this situation is that people are using the opportunity to catch up with long-lost friends and family on virtual calls and happy hours.  My extended family actually started doing monthly virtual trivia nights long before we all started social distancing, which we’ve of course continued through the quarantine. I’ve also done game nights with other groups of friends from around the country.  Related: Running Out of Things to Say On Zoom? This Communication Expert Wants to Help. During a time that no one really has exciting news to share, playing a game can be a good way to spend time […]

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6 Ways to Grow Your Business By Focusing on Personal Health

May 4, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. In 2018, Elon Musk famously said that people need to work “80 to 100 hours per week” if they want to change the world. His comments are a reflection of the view that it is not enough to work smart — you have to work hard, too.  Unfortunately for Mr. Musk, while working those kinds of hours helped him create successful businesses, they may take a terrible toll on his health and future ventures. Working 80-plus-hour weeks is not sustainable for most and leads to poor concentration and high levels of unsustainable stress.  From a health perspective, therefore, Musk is not a model for entrepreneurs to follow, and even he admits that. Entrepreneurs need to guard against personal health issues so that they can guide their businesses through tough times. Working long hours is not out of […]

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10 Movies All Entrepreneurs Should Watch on Hulu

Opinions expressed by Entrepreneur contributors are their own. As an entrepreneur, you’re constantly in need of inspiration and motivation to keep building your dream. We all know that books are a great way to fuel that fire, but when you’re in a need of a brain break, a good movie may be the next best thing. When you’re feeling burnt out, movies can stimulate your mind and give you a boost of motivation and creativity. Pick the right movies to watch and you’ll broaden your horizons as you relax on your couch. Related: 18 Movies Every Entrepreneur Should Watch Here’s a list of the 10 best films available on Hulu that will offer some interesting ideas to chew on as you relax. Parasite is a tale of two families in a symbiotic relationship. The Kims are a poverty-stricken family who cunningly place themselves in the service of the Parks, an obscenely […]

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Startup Founders Can’t Afford to Ignore Mental Health

April 30, 2020 6 min read Opinions expressed by Entrepreneur contributors are their own. While deeply fulfilling, establishing and growing a startup poses serious dangers for your mental health. During the expansion stage, a founder will often face brutally long workweeks, pressure from different sources to manage the startup while raising funding and the stress of having to make many decisions — all at the same time. Unfortunately, there remains a serious stigma surrounding mental health in entrepreneurial circles. Sometimes, these issues are discussed implicitly under the framework of founder burnout or work-life balance. Perhaps you know, for instance, that a founder who is burning out may go through different stages. The key is to identify when you are on the verge of burnout and take steps to address it immediately. Related: Understanding the Reasons for Entrepreneurial Burnout A Case Study  Mike founded a quickly growing, direct-to-consumer startup in the midstage of expansion, valued at just under $7 […]

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50,000 Entrepreneurs Tell Us How to Avoid Stress and Anxiety

April 23, 2020 8 min read Opinions expressed by Entrepreneur contributors are their own. The following article is written by Ben Angel, author of the book, Unstoppable: A 90-Day Plan to Biohack Your Mind and Body for Success. Buy it now from Amazon | Barnes & Noble | iBooks | IndieBound. And be sure to order The Unstoppable Journal, the only journal of its kind based on neuroscience, psychology and biohacking to help you reach your goals. Our team recently surveyed more than 50,000 entrepreneurs to see what was keeping them from becoming peak performers, and the results were staggering. The majority were not only overly depressed, stressed and overwhelmed, but they also suffered from various gastrointestinal disorders and were getting poor sleep. At the same time, most of them felt anxious and failed to exercise a minimum of five days a week. According to the latest research from the American Institute of Stress, the most chronic physical […]

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Revealing the Secrets to Peak Professional and Personal Performance

Social entrepreneur Lian Pham biohacked her way back to health. Now, she’s passing her insights on to others. April 5, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. Peak performance — it’s something just about everyone strives for. There are countless diets, books, blogs, TV shows and more dedicated to becoming your best self and operating at your highest capacity, both in business and in life. The question is, can it actually be done? While most focus on just one facet of self-care  (weight, productivity, nutrition, motivation, etc.), social entrepreneur and biohacker Lian Pham’s approach is all-inclusive and comprehensive. With her Peak Performance Pyramid, Pham — who, full disclosure, is a client of mine, but whose perspective I felt was valuable to share during these challenging times — has worked out a system of steps that include biohacking the mind, body and spirit to reach peak performance across the boards. Here’s how […]

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When It Comes to Work-Life Balance, Do Boomers Have It Better?

There’s something to be said for having some money saved up while being able to telecommute. April 1, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. Work-life balance is often an accurate barometer for both physical and emotional health. Gone are the punchcard days of the first half of the 20th century and the strict 9-to-5 office regimen of the early baby boomer generation.  The internet has guided the transition to a heavier emphasis on the “life” aspect of work-life balance. Internet self-service products like Zoom have replaced in-person meetings, which are surprisingly inefficient. Communication apps like Slack have made person-to-person and group chats trivial. And project-management tools such as Trello or Asana manage workflows digitally and effectively.  Naturally, with all their distinct preferences and technological savvy, millennials and Gen Z would appear to be on the receiving end of the early transition to improved work-life balance, right?  Not quite.  […]

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5 Workouts You Can Do at Home for Free Right Now

Want to establish an at-home workout routine but don’t know how? Try these five resources. March 31, 2020 5 min read As gyms across the country are deemed “nonessential businesses” and shut down for the foreseeable future, the number of virtual fitness resources is exploding. For some, that means purchasing expensive stationary bikes with virtual classes instead of attending a daily indoor-cycling class. But a $2,200 Peloton bike is simply too expensive for most Americans, especially when there are so many free options available right now.  “The irony is that many people are probably exercising more now than they would otherwise, because they have nothing else to do,” says Jennifer Cohen, an Entrepreneur contributor, and founder and CEO of No Gym Required.  Related: 10 Things Healthy People Have in Common If you’re lucky enough to have a home gym, take advantage of this time to actually use it. But you don’t […]

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3 Ways Entrepreneurs Can Maintain Balance

What we can learn from the collected insights of CrowdOptic CEO and serial entrepreneur Jon Fisher. March 23, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. The rise of internet connectivity and accessibility has led to a corresponding uptick in serial entrepreneurship over the past decade. Defining success in that context is a whole other topic. Some would tie it to monetary gain, while others might point to innovation or positive global impact.  All in all, the best serial entrepreneurs aren’t solely driven by money. They also enjoy the challenges that lead to success, and get a thrill out of processes such as product development and the creation and unification of teams. But there are only 24 hours in a day, fewer waking hours and even fewer hours that can solely be designated for work-related purposes. Entrepreneurs are still human beings that need to maintain balance, despite their tendency to […]

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Is Vegan Protein Powder the Next Big Wellness Business?

Opinions expressed by Entrepreneur contributors are their own. If you’re a vegan, vegetarian, or anyone who tries to steer clear of meat, you’ve probably heard one question over and over: Where do you get your protein? And if you’ve been at it for awhile, you probably have a decent answer prepared – something touching upon the fact that protein deficiency is practically unheard of among average Americans, and that protein comes from plenty of plant sources that, when eaten in combination, are likely to give you all the amino acids you need without even thinking about it. In short, if you eat balanced meals, protein is generally not a problem. As with everything, of course, there are a few exceptions. If you’re an athlete looking to bulk up, for instance, or you have specific medical or dietary needs that require you to supplement your protein intake, you’re not limited to […]

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3 Tested Ways to Achieve High Work Performance and Deep Thinking

Here is how you can feel closer to limitless. March 16, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. My wife and I just had our firstborn child, so figuring out how to maintain high performance while on limited sleep makes a ton of sense for me right now (there isn’t enough coffee in Starbucks to keep me caffeinated). And while we all want to walk around like Bradley Cooper in Limitless, operating at stunningly efficient levels in a state of total human optimization, the reality is, well, we’re human.  Everybody knows that great habits lead to better results if you’re looking to change your habits. That means getting a good night’s rest, eating healthy and having a positive attitude. Habits are important, given that 69 percent of American adults say that health care is a significant source of stress, according to a November 2019 survey by the American Psychological Association. […]

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7 Signs Your Gut Is Affecting Your Mental Health

Here’s why some scientists refer to the gut as a second brain. March 13, 2020 1 min read Opinions expressed by Entrepreneur contributors are their own. When it comes to mental health, we’re told we just need to think positively and find a happy thought. That advice is simplistic at best and fails to consider bio-individuality and how we each respond to certain stimuli, whether that be food, psychological stress and yes, the trillions of microorganisms that make up our gut microbiome. In this video, Entrepreneur Network partner Ben Angel looks at the seven signs your gut is affecting your mental health. Want to become unstoppable in business and in life? Take this 60-second quiz now to find out what’s really holding you back, and be sure to grab a copy of Angel’s new daily planner, The Unstoppable Journal, today.   Read_More Related posts: Could These Nootropics Help You Achieve Peak Mental Performance? Improving […]

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Can the Keto Diet Give You a Mental Edge?

Studies point to yes, so long as you’re willing to commit. March 6, 2020 6 min read Opinions expressed by Entrepreneur contributors are their own. The following article is based on excerpts from Ben Angel’s book, Unstoppable: A 90-Day Plan to Biohack Your Mind and Body for Success. Buy it now from Amazon | Barnes & Noble | iBooks | IndieBound. And be sure to order The Unstoppable Journal, the only journal of its kind based on neuroscience, psychology and biohacking to help you reach your goals. You’re on the right track if you’re working on your diet to give you optimum performance. You understand the negative impact of processed foods and the inflammation sugar can cause in your body, but you’re wondering if the ketogenic diet is the best choice to keep your energy levels up for the day ahead. As defined on Medical News Today, “The keto diet is […]

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WWE Superstar Mandy Rose on Building Her Body, Business and Future

The fitness model-turned-pro wrestler dishes on her entrepreneurial journey. March 4, 2020 5 min read Opinions expressed by Entrepreneur contributors are their own. Amanda Rose Saccomanno, also known by her fans as WWE superstar Mandy Rose, has made her name known not only inside the ring but outside of it, too. At just 29 years old, she has launched multiple projects, from skincare to a fitness app and even a donut shop — just to name a few. In 2014, she was crowned World Beauty Fitness & Fashion Bikini World Champion. Soon after, Saccomanno’s career as a fitness model began to take off and her social media following began to grow, resulting in lucrative brand-sponsorship deals.  I recently had the pleasure of spending some time with Rose to find out more about the secrets behind building a personal brand, launching new projects and what she attributes her overall success to.  At what point […]

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7 Tips to Improve Your Sleep While Business Traveling

Don’t let rest deprivation spell doom for your bottom line. February 28, 2020 6 min read Opinions expressed by Entrepreneur contributors are their own. For some, traveling has the power to throw off their sleep schedule, which is something you can’t afford to have happen when people expect you to be on your A-game. A recent Biz Women article detailed data from NexTravel showing that one in five business travelers say traveling for work negatively impacts their mental health, finances, productivity and relationships. The World Health Organization has classified burnout as an actual syndrome resulting from chronic, unmanaged work stress. That NexTravel survey also shows that the global cost of burnout is estimated as high as $323 billion, with an extra $125 billion to $190 billion in associated health care costs. Traveling for work is not just bad for your sleep, but it’s bad for the bottom line. The good news is there are ways to […]

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