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Success Secret - How To Find Million Dollar Opportunities They're really are powerful million dollar opportunites everywhere. Cut to the Quick - What is an Entrepreneur? The Inside Story Enjoying the title of entrepreneur is a hollow feeling. 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. Create Your Entrepreneur Dream Team I hear it all the time. "What should I do about . . .?" As a business owner you're faced with the daunting task of making all the decisions that affect your business. Should I remain a sole proprietor, become an LLC or is an S Corp better? Should I start using an electronic PDA or stick with my trusty, but out-dated, Day Runner? In what direction should I take my marketing? Is the color right on this logo? PC or Mac? Paper or plastic? Aargh! Big decisions. Little decisions. It can be overwhelming, especially when you consider how each decision has a bearing on the success of your business. Business Startup Checklist Use this comprehensive checklist to plan each step of your new business and transform your dream of entrepreneurship into reality. These steps may not necessarily be completed in the order listed, however, you can use them as a guideline for completing all of the necessary business startup tasks. Work vs Play: Which is the Better Way to Make Big Money? If you want to make big money, you have to play not to work. Chairman Greenspan and the FED, learn more you will be glad you did So many people work their whole life to make money, but they know so little about out monetary system. They know so little about the Federal Reserve Bank and so very little about the brilliant minds, which make it all work. To get a better insight to the behind the scenes strategic planning and the intense thought which goes into making it all work I recommend you read a few books on the subject. Let's start on an easy one for your on-going education as an Entrepreneur; I recommend you first read: Raising Entrepreneurs: What to Do When Your Kid is Born to Think Differently Adolescence brings with it many challenges ? for both parents and kids. Young people, still new to the world, are embarking on a journey to discover their passions, joys, and authentic self-images. More often than not, however, their journey more closely resembles an elongated stampede of enraged elephants than it does an innocent soul-searching endeavor. But no one said growing up would be easy. The Reluctant Entrepreneur It seems odd to think of a person opening a shop, knowing that they're not at all interested in selling or in face-to-face interaction with customers. But that's exactly what many Internet business owners have done. And they've done it well. Three Cs - What Startups Need to Get a Business Loan, Part 1 You want to get a good, solid overview of what it takes to acquire that business loan you need, especially if you are a startup. The essential element of what the lenders out there require of you can be wrapped up in the acronym, C. C. C. These are... The New Paradigm for Entrepreneurial Success Entrepreneurship is a great magnet to deliver new ideas, unique approaches and innovative technologies. When conducted in a proper way, turning people into entrepreneurs improves a country's economic situation and aids sustainable progress. However, transition to become an entrepreneur is not that aspiring to all. Risks and uncertainties involved in starting a new business coupled with stagnant economy discourage people to step up the plate and take a swing. Differentiation ? Smart Marketing Strategies for the Solo Entrepreneur Are you ever frustrated or hesitant when you talk to prospective customers because you can't readily explain why they should come to you rather than go to your competitors? Sure, you might have your 30-second elevator speech, but then they ask you that dreaded question, "So what makes you different?" Then, all those self-doubts creep in, and you just aren't sure what to say. Differentiation can boost confidence--yours in yourself and that prospective customer's confidence in you! ... in Pursuing the American Dream This morning I woke up at 4:30 in the morning, as usual, poured myself a cup of coffee, as usual, and thought about what my son said to me yesterday evening. You see, he's 2 1/2 years old and talking quite well, for his age. When I came home from working all day I was greeted with the always joyous "daddy's home, daddy's home" but today, this greeting was followed by "daddy no you go to work!". It's amazing what a 2 year old can know and understand. How To Grow Your Micro-Business If you want to grow your micro-business (defined as a business with fewer than five employees), you mightconsider some of the findings of a survey by Statistics Canada. Envisioneering It never ceases to amaze me. Almost everyone peers into the future through a rear-view mirror. The future is imagined as a continuation of the past. I suppose there is a certain security in that; much like a padded cell. Hardly anyone practices creative envisioneering. Starting a Company on a Shoe-String Budget A lot of people never start businesses because they believe they don't have enough money to do so. Unfortunately, these same people don't realize that many of the world's most successful companies were started on a shoe-string budget by an entrepreneur with limited resources. Below is a list of tips to help you save money when you're first starting a company: Manage your finances in MS Excel, not Quickbooks.Manage your contacts in MS Outlook, not ACT.Get free legal and accounting advice from law/business students or lawyers/accountants who are willing to do pro-bono (free) work.Look for and join organizations that support youth entrepreneurs and small business owners. Hire unpaid interns and make their job exciting.Partner with somebody instead of paying them.Use credit cards.Get free, professional advice from SCORE, Teachers, and Professors.Get investments from family and friends.Find organizations who incubate startup companies or companies who might have office space that might be willing to let an aspiring entrepreneur use it. Perhaps, your school will let you use their copy machines and phone lines.Swap services with a company instead of paying them.Learn how to do graphic design and web design yourself. If you have these two skills, the startup costs of every business you have in the future will be dramatically reduced. Two Types of Business Plan Executive Summaries Companies seeking capital often ask how long the Executive Summary of their business plan should be. The answer depends upon the use of the summary, mainly determining if 1) it precedes the full business plan, or 2) it will be used as a stand-alone document. Youth Entrepreneurship, A Disappointing Truth The psychology of entrepreneurship can be very rewarding to one who dreams of starting their own business. The freedom of being your own boss has billions of people seeking financial independence and other entrepreneurial expectations. But is entrepreneurship for everyone? Are their any restrictions on who can become entrepreneurs? Sadly, the answer is yes. Many people turn their heads when it comes to assisting young people with business projects, they believe age plays a vital part on the success of an entrepreneur, this in some cases causes the entrepreneur to abandon their dream. Venture Capital Negotiating Issues When companies enter into negotiations with venture capital firms, there are several issues which need to be defined and agreed upon. This article describes the key issues. Raising Capital for Your Business ? How Long Does it Take? Most companies vastly underestimate the time commitment necessary to successfully complete a financing. In actuality, a company seeking financing needs to budget between 500 to 1000 work-hours to the capital-raising process, spread out over a 6-9 month time period. |
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