|Navigation: | Home | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 ||
How to Be an Entrepreneur and Keep Your Sanity
Define for yourself what an Entrepreneur is:
What makes you think you can start and grow a business?
Do you make something that people just have to have?
Are you talented in a way that make you stand out from the crowd?
What makes you different from Joe Schmoe?
Conduct a quick skills assessment and ask yourself what makes you stand out from the rest?
What are your ultimate goals? Why are you striking out on your own?
· Burning Desire
What's the Big Idea: Contrast your strengths and weaknesses. Identify your hobbies, skills or your any innovative products you've created, then:
· List it
Tick-Tock-Tick-Tock....Will you start Full Time or Part Time: This is a critical step on the road to entrepreneurship, whether to 'cannon ball' into the pool or just 'dip a toe.' There are questions that need to be honestly answered and circumstances that need to be thoughtfully considered.
Will you work from home or in a commercial space? Some questions to think about before you make a decision:
· Is it possible?
It's crucial to have an attorney and an accountant or bookkeeper at some stage of your startup.
And if you decide to go cyber, remember 'Size doesn't matter on-line!' You can compete with the big guys as long as you have a quality product or service and customers know how and where to get it!
Set yourself apart from the competition.
And don't forget to 'Network' Take any and all opportunities to talk about your idea and gage the publics reaction. You'll get a feel for the 'real need' and if you should forge ahead. This is a great way to begin market research.
Although it takes some 'thinking' before you leap into the uncertain waters of entreprenuership, there is nothing like referring to yourself as 'boss and CEO.'
Paula McCoy-Pinderhughes is the former Small Business Editor for Black Enterprise Magazine where she wrote, assigned and edited articles for the 'Enterprise' (How-To) section of the international publication. Her contributions advised seasoned business owners on more efficient ways of running their enterprises while at the same time igniting the fire, providing the inspiration and sharing her business knowledge with countless entrepreneurs enabling them to begin the journey of realizing perhaps, a life long dream.Today Paula is the president of Business & Communication Specialists, a writing and editorial firm for businesses who need a little extra help!
Boundary Setting 101 for Solo Entrepreneurs
Select the best response to the statement below:As a solo entrepreneur, setting boundaries is all about?.a.
CHINESE TAKE-OUT: Oriental Business Principles Demystified For Online Enterprises
"The expectations of life depend upon diligence; the mechanic that would perfect his work must first sharpen his tools."- ConfuciusChinese people are well-renowned for their industriousness and extraordinary minds for business.
How Much Risk is Necessary to Grow Your Business?
A business owner is thoroughly responsible for their own financial survival and possibly the financial survival of their employees. Business owners, for the most part, seem to be "risk takers", who really don't easily "go with the flow".
Securing Second and Third-round Venture Capital Financing
Widget sales are booming - the competition is scrambling, demand is up, and the books are finally treading water. Your core management team has big ideas for the future of Widget Inc.
Living in the twilight zone has its advantages. In the early days of starting my business, I found the limitations of living in a rural area to be restrictive.
Designing a Comprehensive Franchise Company Computer System
One of the most important management tools a franchised company needs is a great computer system. The system must integrate with all the franchised outlets and also be able to interface with the Corporate HQ computer system.
What It Takes To be An Entrepreneur Series: Action
Many people have the professed desire to be their own boss, start their own business ecetera, ecetera..
The Fear Factor
I recently conducted a lil' survey asking my colleagues what were their biggest fears when thinking about starting a business or running their business. The following are the top three fears that resulted from my survey and some ways to combat them.
What Online Millionaires Tell Me They Are Worried About
I just arrived back from the best seminar I have ever attended in the last 10-years.There were more "Underground" millionaires at Yanik Silver's"Underground" seminar than I've ever had access to at one time ever!Upon arrival, we had to sign Non Disclosure Agreements, andfor very good reason.
Success Secret - How To Find Million Dollar Opportunities
They're really are powerful million dollar opportunites everywhere.Ok, let me explain.
Outcomes - Thats What You Need to Focus On
Successful business owners and managers need to be veryclear about what outcomes they want. Whether you call them goals, objectives or targets, theseare the factors that you're ultimately judged on.
How To Start a New Business
While it is tempting to just leap into a new business because of it's exciting possibilities, a few key planning points will vastly increase your chances of success. These steps aren't difficult, but they're easy to skip.
What Makes a Person an Entrepreneur?
Entrepreneurship is generally characterized by some type of innovation, a significant investment, and a strategy that values expansion. The entrepreneur is often quite different in mindset from a manager, who is generally charged with using existing resources to make an existing business run well.
Hurricane Katrina, Death, and a Different Type of Entrepreneurship
I've seen terrible images today on the television and internet-bodies of the elderly and infants floating in attics, buildings collapsing, seals washing up in the middle of highways. All I can say is that our thoughts go out to those in New Orleans, Gulfport and surrounding areas in this sad time.
Hearing That Entrepreneurial Voice?
Women business owners are our only clients, so naturally we celebrate and support female entrepreneurship. Operating in this market gives us the good fortune to learn about some of the deeper themes in the lives of women business owners.
Go Slow to Go Fast - Why Over 80% Of High Tech Startups Fail And What To Do About It
With billions of dollars of venture capital residing down the street on Sand Hill Road, two Stanford professors are attempting to answer a fundamental question "why does it always take longer and cost more to build a hi-tech company than anyone ever expects?" For all the intellect, experience and graduate degrees in the venture capital industry, the sad truth is that 80% of venture capital investments do not pan out. While the reasons for this high attrition rate are too numerous to list here, a simple fact defines every successful investment - the company figures out how to bring in more money than it spends.
Build Your Own Board Of Experts
The most successful entrepreneurs rely on their advisory boards to help spot new opportunities and potential pitfalls.Now you can have your own advisory board: a shadow board of directors.
Ancient Warrior Secrets For The Modern Entrepreneur
The words you see onscreen trigger subconscious responses. Dark images penetrate your mind.
Adding a Service After You Buy a Business
When you buy a business, you should have a plan. Why have you chosen that particular business? Why that particular time to buy a business? What can you bring to the business? Some of the most successful business stories are of people who buy a business with the intention of bringing their specialized set of skills to it, and using them to grow the business.
Could a Non-Profit Structure Be Right for Your Business?
If you have a business idea, or an idea for a servicefor your community, there's one decision you must makeearly on: are you going to structure your project as afor-profit business, or as a non-profit corporation?Now, it may be that you already have a clear idea aboutthis. Some business ideas are clearly "for profit".
|home | site map | contact us|