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B5 Apprentice Challenge #7: Best Biz Channel Advice

by Miki Saxon

The Challenge

Kay’s finally settling into her role as entrepreneur. She’s enjoyed hearing success stories from others, learning new tips and techniques and gaining advice from this great group of business bloggers at b5. Her days are full and she rarely has time to sift through the volumes of content on the web. So, she asks you: if she only read one post ever on b5’s Business Channel, what would it be?

kid-cooking.JPGCongratulations, Kay! You came through this holiday season with flying colors and your KidChef products are still selling like crazy. By mail and email, every day brings glowing letters from parents and kids about how much they like them and how they never thought cooking together could be this much fun.

Your kids love telling all their friends about them and your daughter even insisted on wearing hers to school on show and tell day. Even your husband is impressed at how fast your business is growing and how well you’re handling it.

You weren’t sure at the beginning that you could do it, but now you know that you can make KidChef into a real business selling across the country and maybe even internationally. Who knows, maybe even a spot on the Food Channel. The possibilities are dazzling and you can’t wait to make them all happen.

And that’s why, beyond all the great advice, how-to’s and information available to you I want you to read 1st Surefire Way to Sink Your Start-Up over at Small Business Boomers. (Yes, I know you’re not a Boomer, but read it anyway:)

You see, Kay, you’re facing one of the most dangerous things that can happen to an entrepreneur—run away success. This kind of success often gives rise to, as it’s called in Silicon Valley, founder ego—the underlying belief that since you were smart enough to think of the idea and take it this far you’re smarter than your advisors and employees. Not a good way to move forward.

So, read Jim’s wise words and feel free to give me a call at 866.265.7267 if you’d like to discuss it further.

Have you every succumbed to founder ego? Or worked for/with someone who did?

Your comments—priceless

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