Navigation: | Home | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 |
Entrepreneurialism Information Click here for eBay Motors! Get 2 weeks FREE CA Anti-Virus 2007 Accept Credit Cards Get your FREE $250 Cash Card PhotoStamps

This Domain For Sale. Contact us for more information.


A Dorm Room With A View


As a senior in high school, he paid cash for a BMW with money made by selling newspapers. In 1983, as a college freshman, he sold custom-made PCs and parts out of his dorm room?hiding them behind his roommate's shower curtain whenever Mom and Dad visited. A year later, with just $1,000 in start-up capital, he dropped out of school to focus fully on his expanding business. It took him just eight years to become the youngest CEO ever of a Fortune 500 company.

Today, he is one of the richest people on the planet, with a net worth estimated to be greater than $14 billion. His company employs nearly 60,000 people, and Fortune magazine ranks it as America's most-admired.

Michael Dell's vision as an 18-year-old is now legendary, and he continues to believe in the same basic principles: manage inventory, and listen to and respond to customers. "Being an entrepreneur wasn't on my mind," he once said. "What was on my mind was the opportunity I saw ahead, which was so compelling." Dell understood at a young age that knowing where you want to go is as important as knowing how to get there.

Success Handler Action: What is the vision for your franchise business? In working with our coaching clients, we discover many haven't taken the time to determine the opportunities before them. They're too caught up in the day-to-day trials of just running their business. Others tell us that, while they know their vision, they haven't necessarily shared it with their team. After you finish reading this E-newsletter, use these questions to focus in on your vision, then gather your team and let them know where you're heading together:

~ Where do go for quiet, introspective moments, and have you been there lately?

~ What is your core business, and how does this benefit your customers/clients?

~ When was the last time you took a big chance and implemented a new product/service?

~ Who are the visionary leaders in your industry, and what are they doing better or differently?

~ Why are others still entering your industry, and what new ideas do you think they see?

In giving the commencement address to the 2003 graduating class at the University of Texas, after first telling his parents they still wouldn't get to see him take home a degree, Michael Dell said, "When Dell got started, it didn't come with a manual on how to become number one in the world. We had to figure that out every step of the way. And with each new product and new market, the industry 'experts' said we'd fail?And as always, we did it our way, with customers - not the experts - in mind."

Success Handler Action: With your team, identify the "naysayers" who are keeping you from excelling. Is it industry experts, competitors, the economy, suppliers, little voices inside your head, or some other things that are getting in the way of your taking control of growing your franchise business? Here are five ways to help you figure out those inhibitors and get to work overcoming them today:

1. Tell your team about the last time you didn't act on an idea?and what stopped you.

2. Have team members share stories they've heard recently from suppliers and customers.

3. Talk about the things they're seeing on the news and reading in the paper.

4. Ask everyone what they would do if they were "king for a day" in your business.

5. Brainstorm the next "big thing" in your business, and create a plan of action to do it.

Michael Dell created a great company by believing in his vision, and by doing something many forget - giving customers exactly what they want. In that commencement speech he said, "We didn't invent the concept of selling directly to customers, and we didn't invent the personal computer, and we certainly didn't invent the Internet?but there's always an opportunity to make a difference." Look for the opportunity to make a difference in your franchise business, and you'll find it. Then, things will be so exciting you'll feel like an 18-year-old all over again.

Addendum: In 1995, two college students gave me a lesson about the Internet. At the end of our session, I asked which computer brand they recommended for our home. They quickly said in unison, "Dell." Then one added, "And while you're at it, invest the same amount in their stock." We bought the computer. Today, the stock would be worth around $50,000. Moral?a lot of college students are really smart. Listen to them!

Copyright 2005 by Success Handler, LLC. All rights reserved.

The Coach, David Handler, is the founder of Success Handler, (http://www.successhandler.com), and specializes in helping small business leaders find clarity and take action. He understands the challenges of running a business, because he's been there - as a small business owner, franchisee, franchisor, corporate leader and trainer. Much like sports coaches, his coaching will show you how to compete on a level playing field in your industry.


MORE RESOURCES:
Business:Entrepreneurialism Articles from EzineArticles.com
10/15/2021 10:26 AM
4 Business Strategies You Probably Haven't Thought About
Every business should find a strategy that helps it to achieve a competitive advantage in the marketplace. This strategy should be based on the strengths and weaknesses of the firm's products/services and the position it wants to have regarding its customers.
10/13/2021 11:39 AM
4 Ways To Build Momentum In Your Business
Momentum doesn't happen by chance, and nor is it willed into existence. To achieve momentum, you need to understand its source, and then relentlessly fuel it.
10/06/2021 01:43 PM
How to Be Better at Hustling and Entrepreneurship
Success doesn't come to those who wait - it comes to those who go out and get want they want. You don't want to the person who waits for things and gets what's left by those who hustle - be a hustler yourself!
10/04/2021 09:25 AM
How Does a Business Become Scalable?
Some businesses are scalable, meaning they can grow income exponentially. Others are not open to growth, but they generate a reliable income which is not lucrative.
08/31/2021 02:45 PM
Nine Books Every Successful Entrepreneurs Has on Their Shelf
Take advantage of the best the entrepreneurial community has to offer. Whether you read each book cover to cover or just use them for reference they represent ideas and techniques that will see you through the dark days every entrepreneurs face at some point.
08/16/2021 10:16 AM
Ready to Grow? Top Positions You Need to Fill to Expand Your Business
Do you wish to reach a point where your business is ready to scale and move to the next level? Hiring crucial people will help you move quickly, while proving excellent products and great customer service.
08/04/2021 03:16 PM
6 Reasons To Start A Business During This Pandemic
This is the best time to start your dream business. This article will provide tips for you to use immediately.
08/02/2021 06:06 PM
Go Read a New Business Book a Week
Reading is essential. Go and read a business book to enrich your business.
07/23/2021 11:26 AM
How to Be an Entrepreneur With a Full Time Job
It may seem difficult seeing how you can create a successful business for yourself. In addition, having a success formula takes time.
07/15/2021 05:54 PM
What Is an Entrepreneur and What Is Entrepreneurialism
What is an entrepreneur and what is entrepreneurialism. What makes them what they are?
07/12/2021 10:52 AM
Personal Branding Strategies for Women in Business
Personal branding for women is critical for business success to build your brand. When you align your personal brand with your business brand, you're much more likely to not only connect with the right people but also turn them into raving fans. Build your business with these personal branding tips.
07/12/2021 10:51 AM
How to Increase the Value of Your Business
There are many ways to boost your sales and grow your business, no matter your budget size. However, increasing the value of your business on a tight budget can be daunting.
07/09/2021 11:08 AM
Innovative Business Shares Tips
Innovative businesses are showing the road map to success: have a real connection to their customers, be proactive for the environment, show support for local social causes and events, and concentrate on providing a great service/product while building a strong networking system. It is the only way to survive in this "new normal".
07/01/2021 11:19 AM
What to Do in a Creative Dry Spell
While most creatives can't get away with allowing a dry spell to keep going on indefinitely, you can get out of the dry spell simply by trying these ideas. Often, just stopping the internal pressure you have on yourself can unleash your creativity again.
06/29/2021 05:38 PM
Top 3 Ways You Can Generate Ideas for a New Business
1. Start a Business that evolves around your innate ability. Innate abilities help you do things with ease. Often times I hear people say, "what do you have flair for?" Innate abilities help you do things better, quickly and 'naturally' than others. It helps you do things effortlessly!
06/28/2021 07:29 PM
How to Train Your Brain for Maximum Creativity
Training your brain to be more creative, to be creative on demand, and to be creative in more than one way is within your power and control. When you find something that works for you to unleash your creativity, use it.
06/01/2021 08:49 AM
How to Create an Innovative Mindset
In general terms, a traditional business mindset is always looking to improve the quality of products, services and processes. On the other end of the spectrum, an innovative mindset issues mandates for new and better ways to do business.
05/27/2021 01:14 PM
How Can Growth Mindset Lead to Success?
How do people create and grow a mindset strategy? Here are some practical tips that will show you exactly how to get started.
05/07/2021 09:30 AM
Why Becoming an Author Boosts Credibility
When you author a book that is well received by your audience, it's really an automatic boost to your credibility. The book gets press, which means you get press, and the snowball effect happens.
05/04/2021 10:31 AM
Online Working Capital - Fast But Expensive
Small business owners often need working capital to cover expense incurred to make or create their product or service before payment comes in. Banks are loath to lend to small business owners especially the small amounts that the business owners usually need. Many online working capital lenders have been created to serve this underserved market.
04/26/2021 08:41 AM
When Impatience Can Lead to Business Success... Or Failure
As an entrepreneur, have you ever asked yourself "Why am I not reaching the level of success I was promised?". It could be because a lot of entrepreneurs fall victim to impatience to succeed.
04/20/2021 11:35 AM
What Is the Best Online Business You Can Start?
Starting an online business is a great way to create a lifestyle that you enjoy living. But, you must be realistic as you develop your business.
04/11/2021 02:42 PM
Looking to Build Your Network? Please Avoid This 1 Mistake
Networking isn't just about meeting new individuals. It's also about you maintain connections. Ignoring the current connections of your professional network because you're excessively focused on development is a big blunder. Don't just consider about meeting and getting to know new professional contacts. Don't fail to remember to keep up with the people you by now know.
04/11/2021 02:39 PM
How to Face Your Fears and Get More Business Leads
What fear do you have lurking inside of you, preventing you from enjoying life, or creating a successful business for that matter? When it comes to our business, fear can definitely stop us in our tracks, preventing us from moving forward and achieving our goals.
04/06/2021 11:39 AM
A Realistic View of Being Self-Employed
If you are thinking about becoming an entrepreneur, you'll want to know all about your field, your products and your customers... but you'll NEED to know about running a business. It is important for business owners to realize all the hidden areas that eat up a surprising amount of time and energy behind the scenes in running a business.
04/06/2021 11:33 AM
Business in a Slump? 13 Ways to Get Your Motivation Back
Truth be told, it's a fact of life for every entrepreneur and business owner... we are going to get into a rut every once in a while. We're human after all! The good news is that this slump can be very temporary... if you choose it to be. Here is a list of things you can explore the next time you feel this lack of motivation sweep over you.
03/09/2021 05:39 PM
Business Success Guarantees Business Longevity
The most important tool I use in building my businesses is my intuition. I've discovered that when I trust my feelings and intuition more, I'm more able to see opportunities that others are missing. This is important as it allows me to make decisions and take action faster. Here are a few tips on using your intuition to propel your business forward:
03/01/2021 08:59 AM
The Downfall of the Stubborn Entrepreneur
Why You Aren't Getting More Clients and Leads (and it's not for a lack of trying). And it could be because It's Not About HOW; It's About WHAT.
02/08/2021 08:44 AM
Why You Should Write an eBook
Using an eBook to market your business is an excellent idea. It can be a great calling card for your business with proof of your expertise.
01/29/2021 01:19 PM
Tales From the Online Marketing Crypt 10 - Playing the Dangerous Comparison Game on Social Media
Before you start comparing your business to someone else's, realize you do not know the whole story. You do not know the trials and tribulations they've gone through, you don't know anything they are choosing not to disclose on social media.
01/27/2021 10:54 AM
How to Create a Buzz About Your Business
If you want to create buzz about your business, using social media is a great way to do it. Try these different ways and see what reactions you get. Keep doing new things as often as you can to keep the buzz going.
01/08/2021 11:42 AM
How No More Military PT Tests Are Hurting My Business
When I left the military I packed on 15 pounds pretty fast. My recent trip to the doctor's for the first time outside of the military was highlighted with the lovely comment from the doc, "You know, technically you're obese."
01/06/2021 10:18 AM
\"Learn How to Promote Digital Products and Earn Your First $10,000 Online."
You're invited to attend... Complete Access to TWO Separate Training Tracks: ClickBank Product Publishing & ClickBank Affiliate Mastery
12/23/2020 03:07 PM
The Power of the Hand Written Thank You Note
Why should you send a Thank You Note. What should you say. State a Call to Action closing sentence.
12/22/2020 10:08 AM
The Key to Continual Growth and Expansion
Growing and expanding requires self-awareness of what you are doing and what you're not doing to move forward. If you're succeeding, keep on doing what you're doing. If you're behind, it's okay; you just need to adjust.
12/21/2020 12:15 PM
Winning the War Over Loans and Debts As an Entrepreneur
Among the things that can make or mar a business is taking loans. People take loans to meet up with their expectations. However, it takes a wiser entrepreneur to decipher when to or when not to take a loan. Loans can do wonderful things for you when properly managed. It can help solve urgent problems, cater for substantial expenses and grow businesses. Though loans can work perfectly for those who have steady income, yet it has the propensity of entangling those who struggle to earn a living. It is very important for every entrepreneur to note that a mismanaged loan is hell.
11/16/2020 09:05 AM
How Can You Make Your Online Business More Successful?
Many entrepreneurs have gone before you and figured out how things work, so that you don't have to reinvent the wheel. You can follow what other successful online entrepreneurs have done and become successful doing it.
11/02/2020 10:01 AM
How To Develop The Mindset Of An Entrepreneur And Become Successful
Mindset Is Everything-You won't be awesome at being an entrepreneur unless and till you condition your brain for getting into business and then making the most of it.Any trade can be really tough to comprehend. However, if that is something somebody wishes to do, then how do you do that effectively? Here are a few great tips that I have come up with on how you are able to become that awesome entrepreneur as well.
11/02/2020 09:20 AM
Winning at the Proposal Game
Submitting bids and tenders is a great way to grow and expand your business and is a great way for a small company to become a much larger company. It can be frustrating and costly to bid, this work taking you away from other business activities. However, winning a bid gives you access to a new customer and other project opportunities. You also have to consider as to whether you have the financial standing and moral fortitude to undertake large projects so choose your opportunities with great care. Smaller projects can help your company grow efficiently and profitably with less drama and anguish. Here are a few pointers to remember when producing tenders.
11/02/2020 09:15 AM
There Is Such a Thing As Too Much Free Content
When you fundamentally reexamine your marketing strategy, it's very freeing. You can focus on what's most important.
10/22/2020 11:34 AM
The Pros and Cons of Working for Yourself
Working from home offers many benefits and even a few drawbacks. It's up to you to determine if you have the personality for it. You'll need to rein in family and friends who want to take advantage of you, as well as yourself, to stay on track for creating a healthy and profitable home business.
10/12/2020 09:53 AM
The Impact Trifecta: Make the Most of Your Impact Efforts
Impact can feel oddly unsatisfying. If you're feeling that your impact isn't fulfilling you, that's a clue. Maybe you're not having all the impact you want to have.
10/02/2020 10:22 AM
How To Show Your Expertise When You're Starting Out
To show your expertise when first starting out doesn't require you to have a huge client roster, or even a following yet. Use these tips to help you gain a following, improve search engine optimization (SEO) and build your business.
09/29/2020 09:03 AM
5 Things to Think About Before You Start a Business
Before you start a business and kick off your entrepreneur journey, you need to understand a number of things. Here are five to think about before you invest your money.
09/29/2020 09:01 AM
How Do You Create Multiple Streams of Income?
Here are just a few of the ways you can create multiple streams of income online. There are also ways you can do it offline such as savings, investing, rental income, and more.
09/28/2020 09:45 AM
Does Money Make You Successful?
When people want to become entrepreneurs they don't actually think about the work. They think about the freedom.
09/28/2020 09:43 AM
Your Fear Is a Valuable Messenger
I know you care about impact. Fear will keep you from it, if not by shutting you down, then by distractions. We all feel fear, so what can you do?
09/02/2020 01:33 PM
Discovering Lucrative Business Opportunities
There are several ways to be successful today but the most popular one is almost always acknowledged as venturing into a world of capitalizing on online business opportunities. People who are able to do this easily usually reap in the positive benefits many folds.
09/02/2020 01:27 PM
Ready To Position Yourself As an Expert?
Becoming an expert is a process. At first you will feel as if you'll never make it, but everything you do builds on the next thing and eventually it will snowball to true success.
09/02/2020 01:25 PM
It Will Take More Than Motivation To Make A Business Succeed
Many people naturally have the leadership abilities that are necessary to operate a successful business based on their family environment while they were growing up. Their basic character traits are often nurtured and manifested during these stages.


home | site map | contact us