Entrepreneur Burnout: Most Important Things to Avoid it


Yep, first and foremost we KNOW it takes a GREAT deal of effort to hire someone in the first place, you are concerned about paying them and you have to take the time to train them. You wonder if it’s worth it. The answer my friends is YES it is. You will KILL yourself working 14 hour days, the years will fly by and you will not have a life. I know MANY black entrepreneurs who endure this on a day to day and it’s not smart. You CAN hire someone and you DON’T have to do the work yourself, you just have to find ways to pay them like hiring them a month at a time or part time. When we make money that is NOT the time to go out and treat yourself to a new car or some extravagant gift (though you should treat yourself) but this is the time to ease the tension and to fork over some of the day to day to someone else to free you up to focus on the things you probably have been ignoring like sales or billing. You will certainly hire the wrong people from time to time as I have and here are some suggestions to avoid costly mistakes in hiring… (click “NEXT” after each segment above or below)


Hire people who have a career interest in your field.


I have struck gold with this several times. When People feel like there is a benefit to them, they tend to show more interest and they are more eager to work. Make sure you are not greedy and preventing them from meeting people in your field but meet the first few people with them to see how they represent themselves and your business.

Interns are Nice BUT…


They are doing if for college credit and you may find some great ones or you may find others that are a complete waste of your time. If they are doing a full load during the semester, they are going to be very busy and they may not be able to dedicate the time and effort you need.

Stop being Greedy and PAY


I know many black entrepreneurs that have the money to pay someone they are just greedy and don’t want to and they want everything for next to nothing or free. Here is where that famous saying come in handy.. .You GET what you pay for and if you pay for nothing you get nothing.

Come up with written instructions on how to do the job..

How to Guide

This will save you a TON of time and effort from repeatedly explaining to new people how the job is done. When you hire people who don’t work out you will not KILL yourself training them over and over taking valuable time out of the day that you need to run the business.

Hire People who Think Like You.


Ideally, you want people who can mimic you hence the saying, I need 2 of me, when you find someone like that, it takes SO much stress and strain off of you. If you hire a younger person who is interested in your field you will most likely come across someone like this.

Hire an Older More Experienced Person and Pay what You Can


I have hired older workers in my industry and I have felt guilty about offering them $10.00 an hour like I would someone younger but if that’s all I have in my budget and they are doing the same job, then that’s all that I need to do. There are times that older workers are very set in their ways, as we all are when we get older and want to do things their way and that’s fine with me as long as it gets done. You don’t want someone who will get people in your industry on the phone and talk about the good ol days, business is still business and we all have jobs to do so you may need to watch and monitor what’s happening on your dime.



The BFM Fund (Black Founders Matter), a Portland-based, seed-stage venture fund focused on Black and innovative founders, is slated to receive investment from Bank of America. The BFM Fund Logo Led by a full women of color leadership team, The BFM Fund will allocate Bank of America's investment into Black founders across various verticals within the United States. [...]

HBCU Grads Behind America’s Fastest-Growing Pizza Chain

The famed Black-owned hip-hop-inspired gourmet pizza chain Slim + Husky’s is ranked #5 in The Daily Meal's "101 Best Pizzas in America." The three remarkable owners dish out innovative pizza creations to underserved communities. [...]

Kaleidoscope X Da Brat Styling Collection Sells Out in Just Six Minutes!

One of the largest Black-owned hair-care brands in the U.S. [...]

National Alliance for Black Business (NABB) and the U.S. Department of Commerce’s Minority Business Development Agency (MBDA) Form a Historic Alliance to Develop Black-Owned...

On Wednesday, February 22, 2023, the U.S. Department of Commerce Minority Business Development Agency (MBDA), and the National Alliance for Black Business (NABB) signed a historic MOU during the NABB's first annual National Black Business Policy Conference in Washington, D.C. [...]
Kevin Ross
Kevin Rosshttps://blogwallet.com
Kevin "KevRoss" Ross is a music and radio industry expert. He is a 20 -plus year entrepreneur with the leading most successful industry trade publication and site Radio Facts (www.radiofacts.com). He has also published various books, magazines, performed marketing and promotions for major corporations and recording artists and he is on the advisory board of several industry organizations. This year Ross introduced his non profit organization LOMARI (Leaders of the Music and Recording Industry) to help teach young minority students how to market and manage their music and products.


Training Potential Employees Made Easy: Weed out Problems Before They Start

TAKE A SECOND TO OFFER A HELPING HAND. WHAT YOU GIVE IS WHAT YOU GET BACK! I have been looking for writers for a few projects. I have been using Upwork and the one thing I have found out about this site and others like it is people consistently overrepresent themselves. So I now ask potential writers to give me a sample. Here is a sample one young man gave me that was riddled with errors. [...]

Good Job Performance Management Techniques for Entrepreneurs

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Small Business Owner Mistakes: Allowing Discounts, Freebies and …

Ask for free or discount services? What I find most amazing about people who ask for discounts is that they are always the same ones who OVERCHARGE other people for their services. And they demand premium rates. This is OUTRAGEOUSLY selfish and unacceptable to your growth. After many years of falling for this trick, I finally had to stop. People who are closest to you will try to make you feel obligated. Like you owe THEM something for YOUR success. No matter how you look at it, that's exactly the way it comes off. [...]

Usher’s New Look Awarded Grant from Truist Foundation

 Usher's New Look (UNL), one of the nation's leading advocacy and educational organizations for young people around the world, today announced it received a $500,000 grant from Truist Foundation. The grant will support UNL's high school leadership program, including its financial literacy programs, and marks a significant milestone for the organization, having received a total of $1.5 million from Truist Foundation in five years. [...]

What Elon Musk’s $44B Buyout of Twitter Means for The Popular Social Media Platform

What Elon Musk's $44B Buyout of Twitter Means for The Popular Social Media Platform So Elon Musk bought Twitter, now what? After only a week of being Twitter's largest shareholder, the multi-billionaire and CEO and chief of SpaceX, Elon Musk, decided to outright buy the company for $44 billion and break the internet in one fell swoop. What the billionaire may do to the social media platform is anyone's guess, but based on a statement released after the deal was reached where Musk called Twitter “the digital town square where matters vital to the future of humanity are debated” [...]

Things Going Well? Best Time to GET to Work

Photo credit: Kevin Ross, Blogwallet.com CEO "Climb the Highest" to buy contact [email protected] So the table is set. You are experiencing one of those very rare occasions where you're able to rest. Lord knows you've earned it, dealing with the constant challenge of finding good help and finally creating a steady flow of income ... right? WRONG ... I hate to be the bearer of bad GOOD news but this is NOT the time to rest. [...]

5 Reasons Potential Clients are Not Buying Your Services

Clients Are Not Buying Your Services? Here's Why ... No matter what business you are in, if a client doesn't see the perceived value of what you do, you won't be in business for long. How do you achieve that? First and foremost you MUST find a hole and fill it in and fill it well in order to have a successful business, second make sure you are not perceived as an annoyance. MOST black entrepreneurs are perceived that way for several reasons. [...]

Should you Lower the Prices in Your Business?

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