What makes an entrepreneur? In our recent blog article on developing an entrepreneurial mindset, we talked about 5 aspects of the entrepreneurial mindset. Discernment is important for entrepreneurs to master, and we’ll talk about why in this article. What Is Discernment? First of all, what is discernment? Merriam-Webster defines discernment as “the ability to understand inner qualities or … [Read more...]
How to Think Like an Entrepreneur: Determination
Determination, A Common Trait Amongst Successful Entrepreneurs Ten Key, Inc. has had the honor of working with many entrepreneurs over the years. We help business owners manage their bookkeeping and accounting needs. Our clients’ success stories have helped us see what qualities appear in entrepreneurs. One such quality won’t be a surprise: determination. We interviewed one of our longtime … [Read more...]
How to Think Like an Entrepreneur: Diversification
At Ten Key, Inc., we work to support entrepreneurs with outsourced bookkeeping, accounting, and tax filing services. Over the years, we’ve seen everything from the “typical” entrepreneur to the “not-so-typical.” No matter what industry or personality an entrepreneur has, though, there are a few qualities that define an entrepreneurial mindset for us. One such quality is an interest in … [Read more...]
Does your Small Business Need an HR Specialist?
Most small business owners wear many hats. However, the successful business owner recognizes when it’s time to call in a specialist for help. A tax accountant, a lawyer, a financial advisor or insurance provider are all members of your financial team. These individuals bring an expertise and knowledge base that saves your company time and money while implementing options you may not have been … [Read more...]
A Little Legal Prevention is Better than a Lot of Cure
We’ve talked about building a financial team that includes a strong attorney. Your attorney will play a major role in structuring and protecting the business. However, one of the most important tasks your lawyer will focus on is preventing potential legal liabilities. “The reality is that an ounce of legal prevention is worth a pound of cure in most circumstances,” explained George Megaloudis, … [Read more...]