Spending Time Vs Spending Money

Spending Time Vs Spending Money

As I talk to Teacher Entrepreneurs across the country, the one common issue is time.  There never seems to be enough of it.  Teaching is time consuming, so is small business ownership.  Many Teacher Entrepreneurs thrive at both, but you must be good at managing your time.  As Beth Wrobel of The Blissful Teacher said in this week’s Teacher Entrepreneur Profile, “Time management is the greatest challenge” http://teacherentrepreneur.com/teacher-entrepreneur-profile-beth-wrobel-of-the-blissful-teacher/ .

As I was researching this week, I came across an interesting article by J.D. Roth entitled, When To Spend Your Time vs When To Spend Your Money, http://www.entrepreneur.com/article/234006 [...]

TE Tips: Family Focused Planning

TE Tips: Family Focused Planning

As we continue with our series on planning, this week we will look at planning as it relates to your family.  This week’s post is a little longer than usual.  Please forgive me for that.  I thought it was important to share some personal information that helped to illustrate the impact planning can have on your family.  One of the earliest goals that Lindsay and I set for our family was to pay for our children’s college education.  That is one of the reasons I started our investment property business.

Take a moment to reflect on the [...]

Tips For Running A Part Time Business

Tips For Running A Part Time Business

In his article “5 Tips for Running a Part-Time Business” http://www.inc.com/guides/201101/5-tips-for-running-a-part-time-business.html Eric Markowitz shares some practical advice.  His advice is not directed specifically at Teacher Entrepreneurs, but it is very applicable to them because many Teacher Entrepreneurs run their business on a part time basis.

Markowitz’s first tip is to “Understand Your Investment.”  He talks about defining what “part time” means and how you will measure “success.”  These definitions may be very different from person to person so it is important to understand your definitions of those terms.  It will also be helpful to discuss [...]

TE Tips: Personal Planning

 TE Tips:  Personal Planning

This week on TE Tips we continue with our series on planning as we discuss personal planning.

Many people regard personal satisfaction to be one of the great priorities in their life, yet they spend little time planning how to achieve it.  Personal planning is an excellent way to develop the kind of life that you want to lead. Personal planning goals may vary from attaining good physical and mental health to improving relationships to increased community involvement.  As a Teacher Entrepreneur you are very busy so it is imperative to be organized.  Part of organization is planning.

As [...]

Tips For Teachers Starting a Business

Tips For Teachers Starting a Business

In her article 5 Tips for Teachers on Starting a Side Business http://quickbooks.intuit.com/r/starting-a-business/5-tips-for-teachers-on-starting-a-sidebusiness/  author Susan Johnson shares some valuable tips about starting a business.  This is a good article that gives examples of Teacher Entrepreneurs that have had success as entrepreneurs.  It also gives tips that will help you evaluate your potential as a Teacher Entrepreneur.  I believe the most important tips she shares are:

Manage Your Time
Don’t Use School Equipment
Understand Your Value

As I talk to Teacher Entrepreneurs across the country time seems to be an issue for everyone.  I understand that.  Being a great educator [...]

Teacher Entrepreneur Profile: Mike Crist of MAC’s Business

This week’s Teacher Entrepreneur profile is Mike Crist of MAC’s Business located in Huntington, Indiana.  He is a passionate entrepreneur and a committed educator.  I recently had the pleasure of sitting down with Mike at his home.

CS:      What is the name of your business and where is it located?

MC:     The name of my business is MAC’s Business, and I run it out of my home in Huntington, IN

CS:      How long have you been an educator, and what positions have you held?

MC:     I have been an educator for ten years, and I have always been a [...]

TE Tips: Planning

TE Tips: Planning

In this week’s edition of TE Tips we will begin a series on planning.  This week will serve as an overview of the topic and next week we will begin to plan.  Planning is a critical skill that is necessary to create the kind of life you want to have.  Most people do not take the time to actively plan their lives.  I want to help you develop a plan that will allow you to excel as a Teacher Entrepreneur.

In an earlier post http://teacherentrepreneur.com/food-for-thought/ I shared several of my favorite quotes.  One of those quotes had to do [...]

Is Your Website Helping You?

Is Your Website Helping You?

10 Things Every Small-Business Website Needs http://www.entrepreneur.com/article/217499 is a great article that details the needs of a small business website.  It provides helpful suggestions and useful information to help small business owners get the most out of their website.  As website development has become simpler and more affordable it is something that every Teacher Entrepreneur should consider.

For many Teacher Entrepreneurs a simple one or two page site could help improve customer’s access to their business.  It could also make their business look more professional.  Web development software has improved greatly over the past couple of years.  [...]

TE Tips: Budgeting Physical Energy

Budgeting Physical Energy

This is the final post in our five part series on budgeting. Today we will look at managing your physical energy. The concept of physical energy management was new to me last fall. I had always tried to manage my time not my energy, then I was introduced to the idea that time is a finite resource but energy is not.

Energy can be increased by specific learned behaviors. Once those behaviors are implemented your energy level and productivity can both increase, while fatigue and potential for burnout both decrease.

Manage Your Energy Not Your Time is an excellent Harvard [...]

Great Teacher Entrepreneurs

Great Teacher Entrepreneurs

Recently I had the opportunity to speak with a number of other Teacher Entrepreneurs to discuss their businesses. One of the most enjoyable things that I do is to meet with fellow Teacher Entrepreneurs to discuss business. I believe this is a great way to learn and network. I want to thank all the people listed below as they were very generous with their time.

Please take the opportunity to support these businesses whenever you have the chance.

Mark Cockroft of Ft. Wayne Storage – Mark is a brilliant guy. In addition to being a lifelong educator and a partner [...]