How to Juggle Multiple Businesses While Serving Your Community

Tien Wong
Tien Wong is a serial entrepreneur, angel investor and super connector in the DC entrepreneurial community. He currently serves as Chairman and CEO of Tech2000, an IT firm that provides advanced technology training and mobile device software to the federal government and Fortune 500 companies, Chairman of Lore Systems, an IT services firm specializing in managed datacenter hosting, cloud computing, IT networking, and Chairman and CEO of Opus8, a private investment and advisory firm. Tien is also the founder and host of Big Idea CONNECTpreneur Forum, a community that connects entrepreneurs and investors in the Mid-Atlantic region.

In this episode, Tien talked about how to effectively manage multiple projects at the same time, what are the most important considerations when evaluating your business ideas, and how to know that your product/service really solves a customer problem. He also shared other lessons learned through years of entrepreneurial experience and explained why “your network is your net worth” for an entrepreneur.

“Be self-aware. Know your limit. But you have to have the supreme confidence that you are going to win.”

– Tien Wong

 


Lore Systems

Tech2000

Opus8

Big Idea CONNECTpreneur

Twitter, LinkedIn, Facebook


Reference

Essentialism: The Disciplined Pursuit of Less

Soundwise

From Side Hustle to Thriving Business

from side hustle to thriving business
James Mccartney is the founding partner and CEO of Truvincio, a data security and privacy consulting firm whose mission is to make data security affordable for small businesses.

Before becoming an entrepreneur, James was a data security consultant at a large consulting firm. In this work, he noticed that most existing data security solutions do not serve small businesses, and that was where he spotted a market opportunity. Still, it was quite a journey to go from working on the project on the side to running it as a serious business. In this episode, James talked about how he assessed the market potential of his business idea, what small businesses can do to improve information security, and how to deal with setbacks and challenges on the entrepreneurship rollercoaster.

And if you’re looking to learn and grow as an entrepreneur, you should check out Soundwise. Soundwise aims to offer a wide selection of audio courses in business and personal development, so that you can learn to become a better version of yourself…on the go. Soundwise just released a series of crash courses on how to build a startup. They are sourced from some of the best entrepreneurship classes ever taught at MIT’s Sloan School of Management, taught by real founders who have built successful businesses over and over again. They cover the essential insights you need to start building your business. And the best part, they are free! Go check them out at mysoundwise.com/courses.

“Don’t be overly enamored by your product/service. It is all about what the customers get out of it.”

– James Mccartney

 


Truvincio

Twitter, LinkedIn, Facebook


Reference

Entrepreneurship Crash Courses by Soundwise

Seeing What’s Next: Using Theories of Innovation to Predict Industry Change