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For ten years the world has been watching with Awe and Admiration the Phenomenal success of Jeff Bezos the Founder and CEO of Amazon.com.

The goal of each and every Entrepreneur be they Home Based Business or not is to achieve success and rise to the top.

Success does not come easily. It requires Hard Work, Commitment and Dedication to reach the top as an Entrepreneur. Attaining your goal is often easier if you can follow the path already trodden by Brilliant Entrepreneurs. Pick up some Great Ideas and Tips that rocketed them to Fame and Fortune and try to implement them.

In this respect the Phenomenal success of Jeff Bezos, dubbed by Time Magazine as the » King of Cybercommerce» comes to mind. His spirit of Adventure, Imagination, Innovation and Creativeness are some of the qualities that have made Amazon.com what it is today.

In 1994 he set up his Home Based Business in a two bed roomed house in Seattle with extension leads running to his garage. There was no turning back and the tremendous progress he made is history.

Today Amazon serves over 45 Million customers and well over 600,000 Associates. Amazon.com is the Internet’s most popular brand name. It is the largest Internet retailer in the world. Jeff Bezos the founder and CEO is a multi-billionaire and one of the richest men in the world.

A few quotes of Jeff Bezos will display the characteristic thinking behind the success of this brilliant entrepreneur and the dominance of Amazon.com.

1.»A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.»

2.»If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.»

3.»There are two kinds of companies, those that work to try to charge more and those that work to charge less. we will be the second»

4.»We see customers as invited guests to a party and we are the hosts. It’s our job everyday to make every important aspect of the customer’s experience a little better.»

5.» What we want to do is something completely new. There is no physical analog for what Amazon.com is becoming.»

About his vision Jeff Bezos says “Our vision is the world’s most customer-centric company. The place where people come to find and discover anything they might want to buy on line.”

To top it up he places great emphasis on the importance of the six core values-he insists on.
1. Customer obsession. 2. Ownership. 3. Bias for action. 4. Frugality. 5. High hiring bar. 6. Innovation.

Here are some very useful Ideas and Tips that all Entrepreneurs including the Home Based Business Entrepreneur can pick up from Jeff Bezos.

You have to be:

1. A Dreamer and never give up your dream
2. An Optimist and be Confident in what you do.
3. A Strategist, ready to meet all situations and circumstances.
4. Prepared to tread into areas where others have never trodden before.
5. Customer focused more than Marketing focused.
7. Obsessed about customers not competitors.
8. Innovative and keep on innovating.
9. Always thinking Big.
10.Working hard and charge less.

Finally a tip from Jeff Bezos for all Entrepreneurs,” Work hard, have fun, make history». Yes,That’s what the «The King of Cybercommerce» has done with Amazon.com.

The world of entrepreneurship, once evolved among the masculine and the brave has now become a common place among both men and women.

We have seen the tides change and its already far too long since we last heard that this thing is for men and another thing is for women. There no longer is a separation of opportunities, all of us are already playing on the same terrain.

The sad thought though is that there are too few funding resources and help groups for women entrepreneurs. Good funding resources are very crucial especially for women who are just starting out with business. These are rare indeed that is why women tend to resort to using their credit cards, family loans and assistance from friends which in most cases are hardly ever helpful.

But you see, funding for a business is only one of the many problems among women entrepreneurs. They may also be having troubles in building websites, juggling with researches and making press releases for promotions of enterprise. And hey there are also problems in selling one or two of their products and in contacting clients. Though all that may sound difficult, they surely are worth the time of woman entrepreneur.

After all, it is her business she is building in here.

Various organizations and the government has seen all the hardships a woman entrepreneur has to undergo to be able to make it to the supposedly men’s world. This is why they have provided programs for minority businesses to see what its like being among the greats in the businesses, or atleast experience some of their glories.

If you are a woman entrepreneur and is interested in getting grants, the first thing you would want to do is to identify if you are qualified for being given a grant.

The most common qualifications are:
§ Obviously, you should be a female or depending on the program, must come from the minority sector
§ You must own the majority share in your business
§ And your business must show lucrative opportunities for growth

There are a number of government and private agencies that provide grants for women entrepreneurs at various levels.

Say for the federal level, women can undergo self-certification and apply for the Central Contracting Registry database from which many government and private contractors gather to search for small business.

Other programs may be seen on local level where advantages are presented and benefits are granted. Its just the matter of finding them and apply for one that you think you can create your real potentials from.

And because of their own commitment to provide diversified services and opportunities, large corporations are also creating grants for women entrepreneurs. Normally, these large companies were mandated by the federal government to create further services to improve their employment base and to create equal allocations for small business owners.

Well, if you cannot be reached by these options you may always turn to your previous employer and create a market for him, make him your first client. Only, you need to be very careful and see if this would actually pass to your previous boss. If you aren’t tactful enough, you might find yourself facing resignation or losing your job. This might be risky but don’t be too afraid. Most former employers do make outsourcing for their previous workers t help them start create their own businesses. After all, this will provide them with an extra chance to leverage their compliance to their set-aside goals.

Be warned though that the application process for grants may be time consuming and very demanding. Oftentimes, the providers set specific time for waiting periods with regards to the processing of the grants for women entrepreneurs. And sometimes, bureaucracies may even take the toll of having you wait for several months before your certification is released.

And being an applicant, please anticipate unusual questions to pop up. These might include those that you would not normally hear or expect.

Keep in mind also that grants for women entrepreneurs are meant to help you have that break and not to supply you with an unlimited meal vouchers. So be on guard. Many agencies and grant providers may even cut out their services to you out of convenience. Meaning, they need not provide an explanation in doing so. They just do most of the time.

Its easier then you Think

When someone plans to put up a business, one of the many worries is cash for the business’ capital. This is true even if you’re putting up an internet business or a physical business office. Many entrepreneurs find raising of funds as an arduous task. Building the inventory, paying for registration fees, renting or purchasing space, and purchasing the needed equipments require working capital. One of the key sources of capital is a government entrepreneur grant.

There are many ways to raise business capital. Since entrepreneurs are hard working individuals, they will not stop until they’re able to raise the needed amount of capital. They can seek assistance from friends and family members, relatives, banks, and personal savings. Most entrepreneurs on the other hand prefer to search for venture capitalists.

Aside from those mentioned earlier, a government entrepreneur grant is one of the most excellent options to raise business capital. The government gives grants to qualified entrepreneurs that would serve as financial assistance. There are different grant making agencies in the country, depending on where you reside.

These agencies have grant programs that you can avail as long as you’re qualified. The US federal government, for example, is willing to spend about $400 billion for the government entrepreneur grants.

The best way to look for entrepreneur grants is through the internet. If you find it hard to do it online because you’re not familiar with it, you can always ask your local government for information regarding the grants.

Grants are given for many purposes and for starting a business you must choose an entrepreneur grant. If you’re lucky enough, you can find grants that offer business consultation, loans, and services for free. Oftentimes, local governments award entrepreneur grants to businesses that can potentially hire more employees.

Economic development is very important for every country. The economic conditions are unpredictable and volatile and so every country needs all the help it can get to improve its overall standing. Businesses are the major contributors to the success of the economy and so the government is always willing to extend the needed financial aid.

Some entrepreneurs are hesitant to get assistance from the government. But if you’re one of those entrepreneurs with capital problems, don’t hesitate to ask help from the government. The government has a huge fund allocation for the grants. If you want to know more about the government grants, you can simply log on to the internet and search for these entrepreneur grants.

Before an entrepreneur decides to put up a business, he conducts a lot of studies to determine if the business is feasible or not. If he can prove the feasibility of his business proposal, the government will immediately provide the needed capital assistance through the entrepreneur grants.

If the working capital that you’ve raised from family, relatives, and friends are insufficient, try to contact the local government and ask for the requirements in order to avail the government entrepreneur grant. You can either do this online or you can visit the physical office of the local government of your state or country.

For those who qualify, you will provide all the important papers and receive the amount that you need. After that, you can already start your business. If the business is successful, you can already earn huge profits.

October 2, 2007. It’s a typical day at SEOhaus in the largest office located within the company’s 1400sqft. space, employees sit in a semi-circle around a cordless speaker phone.

«We need to really focus on improving our PR,» a client says, his voice on speaker phone audible throughout the room.

«We can do that,» one of the employees says, glancing down at the yellow legal pad on her lap. «Let’s come up with a solution.»

Ten minutes later, when the meeting ends, the employees disperse to their respective offices, and the company’s owners, William Senn, 26, and William Canu, 25, take a short break from their hectic work schedules to share what it’s like being an entrepreneur under 30.

«We’re growing so fast,» Canu says, leaning back in his office chair and glancing over his shoulder at the busy traffic below on Kettner Blvd. «It’s amazing.»

The two Williams, who started SEOhaus from the proceeds of their last business venture’s mail-order DVD rental service, have seen their company grow from a single room with two employees (themselves) to a small business with approximately ten full-time employees and growing. Next week, the company will move to a much larger office suite down the hall.

«We’re excited,» says Senn, a former Google employee.» The walls of the new office are being painted right now, and it (the move) is starting to feel official.»

SEO, or Search Engine Optimization, is all about the art of achieving increased traffic, presence, and page rankings (i.e. higher search results) for a website, and this is achieved by a variety of different methods, including, but not limited to: building links, writing and marketing SEO content articles, social bookmarking, and web design.

«SEOhaus is a boutique firm,» Senn explains, «We specialize in customized services, and our employees are very good at what they do.»

SEOhaus and it’s twenty-something owners, represent a growing trend in American business: young entrepreneurs making an impact in their respective industries and developing successful businesses before their 30th birthday.

Their generation, known as Generation Y (1981-1995) is a generation of young entrepreneurs. The online publication Inc.com recently released the list of the «thirty coolest entrepreneurs under thirty,» profiling individuals who began their own companies—some while still living in their parent’s houses, and have seen them grow exponentially in only a few short years.

Ever wonder what goes inside a busy day of an entrepreneur living up to his entrepreneurial functions and activities? Basically, a lot. The very first thing that would enter his mind when he wakes up in the morning is how to show efficiency and effectiveness to the client the benefit of his presentation. Then he would walk into his office and meet with them.

He would emphasize the importance of patronizing his ideas. When they shook hands with it, an entrepreneur knows that’s the start of a brand new day.

But meeting up with the expectations is not all that there is. An entrepreneur’s responsibility doesn’t stop there. He’s mind should always think beyond the unthinkable and recheck his assets to support it. The cost is great but the risks are greater. An entrepreneur not only sacrifices his reputation at stake but also his trust fund.

In summary, there are only 3 important daily routines an entrepreneur incorporates with his life: Organize, coordinate and mobilize. He must have the ability to balance all three because when one is lost, the others might be compromised.

Organizing includes creativity, innovativeness and strategy of pulling it altogether. The spirit of a true warrior has to be present. He is knowledgeable that a positive attitude and the will to walk the extra mile with no hesitation would gain much profit. He always does his research, gather data, and think of ways on how to expand his own establishment.

Coordinating means communicating. Explaining the pros and cons. Talking to people who can supply resources like raw materials, facilities, and machineries needed for the business to get on its track. A blurry conversation between the entrepreneur and the supplier would affect the rate and quality of production.

Mobilizing the people who works wholeheartedly for him must also be prioritized. An iron hand always gets a business into trouble. He adds benefits. He knows that what he needs is similar to what his laborers need. This is crucial to establish one big happy working environment.

These activities must be balanced. One thing lacks or exceeds, the whole process messes up. His functions are elaborated more.

The function to think

• Think of numerous possibilities beyond human expectation

• Think of who needs what

• Think of how to handle a question or a problem by providing different possible answers

• Making decisions without the fear of being crucified the moment he mess things up

• Think of how much everything would cost

• Think of how much he would profit

• Think of what others might not think

• Elaborates and explains to further understanding

The function to act

• Act according to his plans

• Act that exceeds to what is expected

• Act with passion and charisma

• Act giving pride to the phrase “1% inspiration, 99% perspiration”

• Act bearing the dignity, respect and trust

• Act like the world owes you big time

• Act like no one has acted before

If all of these functions seem easy for you to conjure, then your good to go. But if situations and predicaments are holding you back, you are bound to fail. Remember, balance in everything is how you and others benefit. Function as you are expected to function and find glory in it.

The first time I left my job to begin an entrepreneurial venture, I was ready. I had money and a business plan. What else did I need, I thought? I gave notice to my employer and to my surprise, fear set in immediately. I didn’t leave my job…that time. I realized that while I prepared externally, I didn’t prepare internally – emotionally, mentally, physically and spiritually – for this life transition.

Almost nine years have passed since I left my job and began my venture as an entrepreneur. I’ve learned that entrepreneurship is a process – it is like building and then crossing a bridge. I’ve also learned that entrepreneurship takes place “within” an individual – it is not necessarily about leaving a job , but rather about living a life of fulfillment. Entrepreneurial thinking and living takes time, energy, tools, and action. Here are some ideas that have proven to be helpful to my clients in making the transition to entrepreneurial thinking and living.

Do Something Different Every Day

The purpose of this exercise is simply to get your mind accustomed to new experiences on a regular basis. Part of being human is that we develop patterns and are comfortable with habits. By doing something different every day, the mind becomes accustomed to change and new experiences. I gave one of my clients this exercise as part of her “homework;” she came back a week later and said, “The homework assignment that I thought was going to be the easiest (doing something different every day) turned out to be the hardest.” Sometimes, we need to practice integrating change into our lives. Here are some ideas to start: Walk your dog on the other side of the street; valet park if you never valet; order something different at a restaurant; get up ½ hour earlier. New ideas will come to you once you’re committed to doing new things on a regular basis.

Evaluate your Belief System

This is a big one for both new and experienced entrepreneurs. What are your beliefs, particularly about money? Many of the clients I work with have created new beliefs about money because the old belief system no longer serves them. The best example I have is a client who has a for-profit and a non-profit organization.

Her non-profit organization raises money for homeless children in Brazil. When she evaluated her belief system, she realized that her old beliefs blocked the flow of money to her, which in effect, blocked the flow of money to the children she was desiring to help in Brazil. She re-designed her belief system and now experiences greater financial success in her business and non-profit organization.

Write down your wildest dreams

We can create what we can imagine. After doing something different every day for about ten days, new ideas will begin to flow to you. Creative thoughts will slip in and out of your consciousness, so write them down when they come to you. By capturing them on paper, you make room for new ideas and can then decide in which “dreams” to invest.

Affirm, Affirm, Affirm…

Affirm yourself, affirm your goals, and affirm your vision and dreams. Miracles happen this way. I worked with a client who was frustrated with his job; each time he’d return for business counseling, he would share a similar frustration. One day I asked him what he really wanted to be doing with his life and he said, without hesitating, “I want to live and work in Italy.” I asked him, “Why aren’t you there, then?” He shared the feelings that were “blocking” him from doing what he wanted. From that point, he and I worked on creating affirmations to help him achieve his goal. He left for Italy six weeks later. Affirmations work.

Enjoy the process, achieve what you desire, and become who you truly are!

Since there are so many franchise opportunities out there it can be difficult to evaluate them all and decide on the best one for you, especially if you are over the age of 50. Fortunately, there are plenty of franchise opportunities for the 50 plus entrepreneur. Perhaps this brief overview will give you some new business ideas that you could research and pursue!

The best franchise opportunities for the 50 plus entrepreneur are ones that are based on the entrepreneur’s past business experience, skills, liquidity, and personal desires. Generally, franchises benefit significantly from 50 plus franchise owners because of their experience in the corporate world, knowledge, and investment ability. One really interesting fact about baby boomers and franchise opportunities is that these individuals can be extremely successful with a franchise that has a proven business model but a product they know nothing about.

For example, a baby boomer who has thirty years of corporate experience in banking, as an executive, or many years in sales and marketing may find that a franchise that sells art, hamburgers, or shoes is the most profitable franchise for them. Why? Because that particular franchise has all the proven methods for successfully doing business and this is what is important to the entrepreneur. The final product is not really important, but the way that product is marketed and sold is.

An entrepreneur over 50 might find certain franchises lucrative based on their successful business models and they don’t need to be age old franchises either. Some entrepreneurs might be interested in buying a McDonalds franchise just because it is so well known and successful. However, other entrepreneurs might want to invest in a franchise that is new to the market but has a well planned model for doing business.

Many over 50 entrepreneurs are finding plenty of business opportunities on the Internet. Since these individuals are becoming more technically savvy they search the web and find out what franchises are new to the market, how they work, their return on investment and more. This allows this special group of entrepreneurs to invest in a franchise they believe has the best chance for success in a particular market and the actual product or service being offered or sold is not of top importance.

The reason over 50 entrepreneurs can do this is because they are experienced and understand that their number one goal is to make money. So, the most important thing to do is find a franchise that is capable of making money- not one that sells a product or service that simply looks appealing. That can help the entrepreneur enjoy the business more, but it is not a priority. In fact you will see many franchisers looking for new franchisees and state that experience in the business is not necessary. Over 50 entrepreneurs already know this because they are often times more flexible than young entrepreneurs, and are generally more willing to work with an established franchise’s business model in order to make money.

A senior businessperson with great experience is definitely a welcome fit for many franchise business opportunities today!

If you would only look, there may be gold all over your horizon.

There surely are many opportunities open for you as a Filipino, only you would have to open your doors to them. They may be pouring at your doorstep but you haven’t welcomed them yet. Don’t be too tied with business opportunities that most common people turn to. Well, this may be the safe way but safe paths don’t always lead to green pasture…nor to gold mines.

Filipino entrepreneurs are often characterized as conservatives to the extent that they are fearful of taking risks. But you see, sometimes, we have to delve into the unknown and the untested before we actually find the opportunities for us. Sometimes, we have to wait and sometimes we have to be patient at what we are being offered to.

There simply are too many opportunities for any entrepreneur trying to establish their own businesses. Though there might be an overflow, too few truly succeed. Well, success is a complicated matter that deals on a variety of factors that occur on varying frequencies and manners of appearances.

Some Filipino entrepreneurs have for their whole lives, toiled over success yet gained nothing in the end. They invested incalculable time and money on ventures that they though would work for them yet success seem to have gone far from their paths. Others though are luckier. A little spar of inspiration and some risk taking factors are their only requirements for them to get to point B from point A.

We cannot characterize fully how we can manage to get from a point to another. The thing is, we have to know what truly we want for ourselves and reach for the things that are rightfully ours. Sometimes, entrepreneurs are fooled into believing that a business opportunity is for them when all the while, something else will actually work better. It’s just the matter of finding your vein. Of finding the things that you are good at or potentially good at.

There are as many types of business opportunities for different Filipino entrepreneurs as much as there is no single personality for everyone of us. We have to actually search into our skills and talents so we can find perfect matches with the current trends.

Since we cannot cater individual issues in here, we have just gathered some of the hottest trends among business entrepreneurs which you might find interesting. We have also included brief discussions relating to them. Here are some of the following:

Healthcare business for medically inclined Filipino entrepreneurs
If you have profit enough and knowledge enough in running businesses dealing with nurses, healthcare and medical professionals, you may choose to run an agency for caregiver work. Caregiving is actually a perfect trend since it grows so extensively in the past year along with the growth of the baby boomers. This kind of business require more training and licensing which may be done within 9 months of operations.

Internet writing business for Filipinos who have the hack for writing
The internet has become a pool of businesses in the past years. With the increase of websites offering MLM opportunities and online selling, it is unquestionable that broods of enterprises have also emerged.

One of the few which have gained great popularity is the writing business. The problem comes with the limited supply of good writers and keeping the supply of the business flowing.

Lately, website owners have thought of using articles in promoting their websites, both for research and for selling their products. This gave the business a good supply of customers.

Obviously, writing must be your forte and you have to be creative in searching for some good writers. The business is lucrative yet competition is high.

Auction Site Trading Assistant for Trend Setters
Because of continuous growth in sales and services among auction websites, many people are now required in managing them and in keeping things smooth. People selling in auction sites should gain familiarity of the processes involved in them. You as an entrepreneur can penetrate into them and create a pool of trading assistants to extend services for auctions sites like ebay.com and amazon.com.

Scrapbooking retail shops for Filipino scrappers
Scrapbooking has proved to be one of the fastly growing industries. Its popularity has even exceeded that of golf. Scrapbooking retail shops sell virtually anything from bottle caps to papers to markers and to anything and everything in between. If you have the kick for scrapping yourself or if you want to venture into a business that is both fun and easy, you may try this. However, like with all other businesses you have to take risks like failure of management or unforeseen problems.

There you go, they are only some of the best selling business opportunities for Filipinos these days. There are many others, only you need to be willing to take risk in venturing their realms.

Famous Filipino Entrepreneurs: Their Key Qualities That Spell Out Success

When asked about what they want to become in the future, youngsters would often settle for the answer that they do want to be billionaires instead of gaining recognition from award-giving bodies, becoming popular athletes, or landing as famous scientists. What has happened to the young generation? Well, they cannot be blamed. Life has been too harsh all through these years and it is just a natural response for people to prefer gaining their billions whenever they get the chance.

Research studies show how almost a hundred thousand of people earn their millions in every year just in the entire United States! Well, majority of these people are owners of personal businesses. Simply dealing with the matter, these people have started working on their own business ventures so that they will be able to get their profits in due time. Some kind of inspiration, right? So if you want to be a millionaire, learn to work out with a worthy investment! You can always do it. Just arm yourself with enough funds and careful organization of your business plans plus the right attitude, then you can right away expect some profits rolling into your pockets. Don’t you feel excited over the matter?

Okay, so you feel excited. But then becoming an entrepreneur yourself is confronted with lots of risks. It is no easy task, mind you. Take into account that not all people are qualified to be successful entrepreneurs since they are not born and made to be one. You may be very rich, famous, and influential but if you lack the traits to become successful in the area of business, then you cannot do anything with it. You cannot probably alter the course of your destiny.

Now who said that only the American people are gifted to be famous entrepreneurs? Do not take away the fact that Filipinos are in more ways than one very resourceful, persevering, and determined to be millionaires as well. That is why, in the Philippine setting, there are several names that can be mentioned when it comes to being successful entrepreneurs. So what makes them famous and successful? Of course they will not be branded with such reputation if they did nothing to boost their reputations and images in the world of business.

Here are some notable traits that make them famous and successful:

Common Sense. Not all Filipino entrepreneurs have attained the greatest education from the finest schools. There are those who had not even experienced earning their degrees but they are in pedestals right now. The role of their common sense is very vital. In fact, one’s common sense serves as a strong foundation for his success. Common sense is literally taken as the capability to create rational judgments on certain issues. Being confronted with the harsh realities of life, Filipino entrepreneurs credit their sound judgment to their previous experiences and gained or stock knowledge.

Clear Knowledge about the Field. It will likely be easy to start a business which is in line with one’s passion, expertise, and knowledge. How can the entrepreneur create decisions if he does not even know how to run the business?

Self Confidence. Being confident allows a person to face the everyday challenges heaped upon him. If an entrepreneur lacks self confidence, he will be readily pulled down by the obstacles that come his way. Though there are no specific guarantees in the business world, yet failures must teach the entrepreneur a lesson worth remembering. Although there are downfalls suffered from, an entrepreneur must always be ready to stand up.

Getting Things Done. Hardworking and persistent—Filipino entrepreneurs possess these traits. Once a thing has been planned to be started with, it must be done and finished all the way down. Self discipline must be mastered also.

Being Creative. Aside from being resourceful, Filipinos are also known to be very creative. They can in fact create worthy items out of trash. Filipino entrepreneurs are creative in devising methods in line with marketing and managing their companies.

Leadership Skills. How can a business run smoothly without staff members to get on with the right flow? An entrepreneur must be a good model in terms of leadership. He must have the ability to influence people and lead them into action.

Self Reliance. Filipinos may tend to be overconfident as others perceive them to be. But as the famous Filipino entrepreneurs turn out to be, they are able to take full responsibility of their actions. They know how to trust themselves and be decisive in making decisions.

Overall, Filipino entrepreneurs are famous because they are unique in their own rights.

How to Lead the Philippines

We are left way behind now. And we’ll continually slipping unless some people take their parts in rebuilding a country that has once promised an «empire».

Some years back, we were at par with countries that has now formed the «greats» of Asia. Now, we are struggling to tap the way back while all of them has already reached their glory days.

With widespread need to globalize and get into the game with the BIGS and the POWERFULS, many Filipinos are quite skeptical if we’ll even make it. Well, we need to wake up and reunite our paths back to the course it had before. And with barriers falling on us, it is easier to assume that we need to work harder, harder than what we have first imagined.

In the new trends, Filipino entrepreneurs will have to invest their money on things that need immediate support. This does not necessarily mean that we must act as saviors of our country. Nevertheless, it is common sense to focus on things that are most lucrative.

Famous Filipino entrepreneurs, despite the doubled risks of not getting through still have mustered the will to take them.

It is not easy making business here in the Philippines. With frequent economic fluctuations and inconsistent growth and failure, it easy to give on the first storm that comes. But those people, who have made themselves great risk takers still forced their eyes open to invest in a country that is slipping down. To save it? Probably. But it is more like really finding the hidden potentials that the country has to offer. And they are not few. Only they are hidden.

Famous Filipino entrepreneurs were all once young people with dreams. They tapped the idea and grabbed all opportunities that will shed light to that thought. They all took the initial risks, they even have probably enjoyed the beginner’s luck. But that first streak of luck was only temporary. Then came the risks that almost broke them down. Then they willed themselves to set aside comforts in exchange for hardy lives that later became the foundation of their business.

The businesses that became the inspiration for other young entrepreneurs to follow and the businesses that gave hope to those who were once hopeless. The jobs that they have produced are so extensively effective that they sparked new hopes to budding entrepreneurs.

Famous Filipino entrepreneurs are not famous because their names are published on magazines or they were invited in talk shows and the likes. They were famous because they reached lives through providing jobs.

Jobs are the vehicles for making other Filipinos feel their worth and their self-esteem. These create more productive individuals useful in rebuilding a country. And the jobs that they were able to produce paved ways for making our country worthy of becoming a player in the world market again.

Famous Filipino entrepreneurs developed the power to harness creativity from the people and modify their talents to achieve mutual benefits. They sparred the country to move forwards.

The progress may be slow, and it is really slow. With some exceptions, almost everything aren’t new. In fact, the moguls are still those who elated themselves to the pedestal before the war.

The capitalistic community of the Philippines may not be as strong or as refreshed as those that may be found in other states. We may be weak. We may be left behind. But the thing is, despite every hurdle that we encounter, including those that are pulling us behind, young entrepreneurs are still hopeful in making business in the Philippines.

Famous Filipino entrepreneurs were the once who have toughed the tides. They were those who believed in revolutionizing things and in innovating systems that are adapted to our conditions.

They may be formed from the classic story of being once a son or daughter of poverty who happened to had the will to take the risks and embark into the unknown. They mastered themselves along the way and mastered other people. Thus, they succeed. That may be the formula for becoming a famous Filipino entrepreneur but it can be seen in many ways possible. Central to such stories though is the willingness to be a risk taker and to take the leadership to lead oneself and to lead other people for your common good.

Everyone has an equal chance for fame… now I’m starting to doubt on that.

Well, can we actually believe that all of us can be famous someday? Maybe with a good streak of luck and some real hard work then we might all come to the point of becoming famous. However, not all of us have luck. And though many of us have dreams of comfortable and luxurious life, the majority of us cannot stand up from our asses and make something useful.

It is easy to dream dreams and wish wishes. But it is never easy to create wheels to drive our dreams nor our wishes to their realizations. Success never comes overnight. It has to be built somewhere and it has to be willed to come.

Success is one element wherein active participation from the aspirant is very badly required. No one can be famous without doing anything, may it be good or bad. And no oaf can be turned into a mogul without having to spend time devising ways and mustering courage to be one. Someway, we all must invest on some things that would cause us to be productive.

Braving the world of entrepreneurs is such that one has to really muster all the resources he has, risk it all in one chance and take the consequences in return. The bad thing though is that risk, by nature cant be equated at any assurances. You just have to take the risks and accept what they are or leave them and be forever resentful that you didn’t even took time and see what truly lies ahead your muddled living.

Fame, on the other hand, is corollary with success. In most cases, people who are successful are equally famous. They are distinguished through their achievements, which if we truly are to analyze are standing above those achieved by common people. Their accomplishments paved their way to becoming famous entrepreneurs. This is almost inevitable as all people who have done great jobs normally received favorable acceptance in a group or community. Thus, they are elated to heights not reached by those who did not shed time to make their parts.

What makes successful entrepreneurs famous is not the name they bear. Well somehow the name has the parts on it. It is not also the companies they were able to build. Or is it the people that they were able to develop. What make them famous are their successes behind those successes. One good point to argue is their personal development after having to go through all the hardships of entrepreneurship.

Now can you ask yourself, will I make it to the entrepreneurial world? The answer lies only on you.

If you said yes then it is proper to say that the stage is now open for you to take the risks, make the changes and be the person you have dreamed and wished to be all your life.

I think it is worth repeating that being an entrepreneur entails that you become a good risk taker. If you already have this quality on you then the lesser work you have to put. However, if not then courage must be integrated in your personality. It takes so much will for one to actually be able to gather his strength and manipulate the risks towards his own advantage. We cannot teach risk-taking here, you have to know where does the vein starts. Find it in you.

Just a word to remember though, don’t be too brave in taking risks.

Remember that when starting with your business, the fastest way to kill yourself is to be overly confident against the risks that face you. You have to test grounds first and see if you can cross the water with all things that you have. Equate the chances of failure against success and make decisions according to your sound, calculated judgement. Keep in mind that most entrepreneurs, before even reaching the point of fame, have already self-destruct or died of natural death. Don’t be like most of them. Keep faith in your pocket, have enough load of strength and believe that you can be a master to failures.

You see, at the end of the day, anyone truly ahs the equal opportunity for fame. Only we have to take our parts on living that opportunity.

The Business Aside Comes Personal Development

If there were one thing central to doing business, that would be towards developing your self. And that exactly what famous entrepreneurs go through.

Well, it’s only between them and themselves after all. The battles they have to get through and the risks they needed to confront to be able to get from square one to the second juncture of your business will all pour down as instruments for their own self-realization.

Since personal development is different from one person to another, we cannot give an actual characterization or pattern for various stimulus (e.g. risk taking, failure of business transactions, lack of funds, etc.), even as we see them unfolding for famous entrepreneurs.

If you want to be like them, it would not harm if you follow these guidelines.

Discovering where you are good at is one of the earliest stage in becoming an entrepreneur of your own business. Knowing your forte and turning it into productive means will not only produce a good source of income for you but will also extensively nurture you as a person. There is no telling how much you would improve once you become the founder of a business you decided to take.

As many of us would agree, getting the most of life’s lesson will only be possible if you are taken at the center of all the challenges. That way, you would get to experience things first hand. And you would learn to cope up with the pressing problems in ways you thought would have been impossible if you were not the captain of it all.

In a sense, venturing into business entrepreneurship does not only mean that you’ll get better (or worse) financially. It also requires you to develop yourself full-blown depending on your reactions to specific risks and problems you would have deal with.

Operating a new enterprise or embarking on a new operation you have not done before is surely a thing that would create developments in you. Before you do you must know the risks and be able to prepare yourself with the possible failures that are their eternal parts. The way you would handle them will be able to test your limits and will be used as boundary points when similar undertakings come in the course of your business. You must know that you alone is accountable for all your decisions in attempt to make your own business grow. You must understand that it is not those who labor for you or those who share the capital with you who will spell the success. It is you, as the entrepreneur will decide what courses to take. Thus you’ll either lead your group to success or failure.

With each trials you have, you and your group will meet new changes that will require you to go with the flow or to go beyond it. Both ways, you will hone yourselves. Both ways, you will learn to cope. And both ways your personalities will be taken into newer heights. Thus you will develop.

Therefore, personal development in the business world is largely dependent on how you manipulate factors.

Chances are small that you would not grow, even if your business fails. The fact that you have taken responsibilities on things that only few take is reason enough for you to consider as a pathway for self-realization.

Business entrepreneurs are specifically knowledgeable of the opportunities that lay in their paths. They are keen to various chances in pursuing growth in areas like professionalism and personal development.

Some may not actually realize the extent of their progress. Nevertheless, once something is changed in them and that something has changed towards good, there is absolutely a degree of productive change which whether they choose it or not, will be applied to other things important to wholesome living.

As we have repeatedly implied, the opportunity for personal development is high in the business world. Business entrepreneurs, to be able to meet success, should have a good combination of attitudes, skills, beliefs systems and training. All these would work together towards extending product services to those that need them.

People who have been through extreme hardships are those who are most beautiful. They have learned to take risks and turn those risks into opportunities. They have learned to compromise their present leisure in exchange for future growth. They have learned to welcome failures and prove other people’s doubts wrong. They have learned through their everyday business battles that it is always too late for giving up.

Advantages of Being a Home Based Business Entrepreneur

A decade ago, it was unimaginable for Americans to live in ease while working at home. However, trends have revolutionized primarily with the integration of computers and internet in our lifestyles. The good combination of these two has paved way for the growth of new business trends.

You need not look beyond your own home for work. In fact, many corporate people are now looking within the comforts of their own rooms to get their living. This is the reality that we are faced now. You always have a choice- to go with the trend or live forever bounded by the systems of stresses and everyday tension surrounding corporate living.

American entrepreneurs, and they’re not few, are discovering the benefits of establishing home based businesses. The ideal state of our economy and the progressive realization for change in lifestyles became the foundations for creating home-based businesses. Many Americans are now beginning to mix their careers with their families, to the outcome of making it to the rat race while being able to enjoy family lives. And that, for most have put them to the pedestal as famous American entrepreneurs.

There are of course many take aways when you start your own home based business. However, you will soon gather the benefits after you get used with the lifestyle. Who knows what you may turn out to in the end? Nevertheless, these are the normal patterns and advantages that entrepreneurs deciding to establish home based business acquire:

Reaping financial benefits is the central thing to becoming famous in American entrepreneurship. statistics would provide us that home based entrepreneurship offers equally attractive financial gains as compared with those that we might get from corporate living. Be ready though for the risks that you might get yourself into.

Unstable income characterizes home based entrepreneurs. They normally don’t get the same fixed salaries. However, they are the ones who can set their own monthly finances.

You may not gain initially. After all, businesses don’t always have smooth beginnings, you may even fail. However, once you have toughed the initial tides, you will soon see the advances of having your own office right inside your bedroom. The absence of transportation expenses, your time wasted on commuting and your having to deal with the bosses are reasons enough why you should switch job.

The need to buy power suits and workday attires will also add up to your income. And because you work at home, you can save money on office rental and all expenses that comes with it. Thus, the income you generate will only flow back to your business.

You also have the command over your performances and the consequent benefits that come with it. You no longer have to work for a company or a boss that you do not want working for yet you don’t have a choice but do.

Once you become a home based entrepreneur, there’s no more stressing out all your nerves to get the promotion or salary increase that you desire. Its like having your financial freedom while freeing yourself from the chains of people who seem to gain control over your own life.

Home based businesses also provide financial avenues for people who don’t normally get good jobs.

Home based businesses scream of personal freedom. These provide opportunities to have your whole time for yourself. Home based entrepreneurs definitely have neither corporate cultures to abide by, nor time clocks to maximize and bosses to serve. Instead, they gain freedom in working on the time and in manners that they chose with the benefit of doing all these inside their homes.

There are of course drawbacks to these. Entrepreneurs working home based should have developed ideal time management and control over themselves. It is tempting to stop working for a while and enjoy luxurious treats to yourself. Without discipline, you might find yourself confronted with the loss of income because you felt good resting.

If there is one great advantage to home based business, that is freedom from stress.

Stress makes life more unbearable. It created paths to self-depreciation, to stunted growth. Home working has greatly reduced stresses. There are no deadlines to hit or politics that you can’t help but get involved with. You have liberty over deadlines and schedules that you have no control of. The only thing you have to mind is your work and the deadlines you have set for yourself.

Time is of the essence. So why waste it when you can profit a vast amount of money and be the boss of your own company at the same time? For those who seek success beyond unimaginable boundaries, entrepreneurship would be the answer. Probably this is what’s running inside the minds of the renowned entrepreneurs of our economic era.

Empowered by determination and guts and eliminating the process of failure, an entrepreneur should always be on the grasp for suitable products to suffice the masses. This paved their way through stability, fame and power. Take it from these Top 5 personalities who gained so much from starting so small. Focus on their step by step challenges and experiences.

Bill Gates. As a billionaire dropout not finishing his education during his junior year at Harvard University, Gates is considered as one of the most famous individuals of our time. With a vision of personal computers emerging out of the mainstream, he teamed out with his colleague, Paul Allen who also studied in Harvard. Together, both of them left the university in exchange for a dream that led them both to their multibillion business, Microsoft Corporation.

Oprah Winfrey. At a very young age of 19, Oprah started her anchoring career for a TV station situated in Nashville, Tennessee. From there, she pursued her dream and traveled to Chicago. Not more than a month, The Oprah Winfrey Show was born and talk show was never the same. Surpassing other local networks, it was tagged as one of the best talk shows that entered national television. Aside from being a host, Oprah founded Harpo, Inc. and O, The Oprah Magazine.

Walt Disney. Snow White, Cinderella, Sleeping Beauty, Beauty and the Beast, Pinocchio, Fantasia…need I say more? The man behind the world’s most famous mouse used to be a Red Cross volunteer during World War I.

With his talent as a cartoonist, Disney made his 1st debut with Plane Crazy, introducing our beloved black and white mouse. Riding with the flow of Hollywood revolution, he advanced from a silent cartoon to a talking Mickey Mouse. Then everything followed. His enthusiasm made him sit on top of Disneyland garnering 26 Oscars.

Sam Walton. Does Walmart and Sam’s Club ring a bell? Thanks to the undying loyalty of Sam Walton to achieving a retail business not benefiting only himself but also his fellow Americans, everyone can live like everyone else.

Born to one of the wealthiest families, Walton pioneered the retailing business by putting up stores that reached the whole of America like a caravan. Thus, he was recognized as one of the most influential people chosen among many by Time Magazine.

Ray Kroc. Mr. Hamburger guy here who once made a living as a milk–shake man envisioned a fast food company that can deliver quality service in the name of chow time. Rapid proliferation of McDonald’s franchises which were of reasonable costs generated massive income. Seeing this burger phenomena eat its way through, Kroc remained afloat with the priority of offering food and service perfection to customers worldwide.

As evidence, these renowned entrepreneurs made everything possible just by living up to their dream of becoming someone everybody could appreciate and look up to. Starting from scratch, but reaching to this point of earning so much cash. You too could be an entrepreneur. Point is, when you dream, dream big.

Everyone I have ever talked to that is an entrepreneur has had to come face to face with their fears. I have had to as well. I want to share with you some of the techniques that I have used to face them. The first step is not to be in denial. You have fears even if you don’t readily acknowledge them. They sometimes take the form of that chatter in the back of your head that says you can’t do it.

Fear is such a huge issue preventing people from becoming entrepreneurs. I have heard from the CEO of a real-estate based network marketing company that even though he has people packing out company seminars, that maybe 2-5% of people will actually go out and apply the knowledge by putting offers on real estate. He is convinced that the rest are paralyzed by fear.

Here are some of the techniques I have used as I learned them from the entrepreneurs I know:

Think about what you do want. When you find yourself spinning the wheels in your mind over and again about your worst case scenario, turn it around and focus on what you DO want. Visualize yourself getting what you do want. See the new house. See yourself talking to the interested person as they become a part of your business. You get what you focus on.

Change the voice. When you hear yourself telling you that you’re not good enough – you’re going to fail. Just change the voice from yours to that of Mickey Mouse or Jim Cary or something that would hold little weight with you anyway! Who cares if Mickey Mouse thinks you’re not good enough? Is Mickey Mouse an entrepreneur?

Voice them to a trusted friend or associate. Hopefully you have been able to find some level of support from at least one other entrepreneur. Ideally, you have a significant other that supports you. If not, then you should have some kind of support network from your team, upline, or corporate that you can talk to. Some people may tell you that it is silly you could even believe that you’re not good enough. For me, my wife has been a constant source of support. However, don’t go looking for support to all those people who doubted you and told you it was crazy to go out on your own. They will never understand the entrepreneur.

Have a personal development library. I draw tremendous support from my library. It is not just filled with how to resources, but also stories of others who conquered their fears. I couldn’t begin to list the many sources I have, but if you email me I can recommend something based on your own description of your circumstances.

Go ahead and do it. Sometimes just making the smallest step will help get you going enough that the fear of not doing something can go away. An example would be neglecting to write an article such as this one out of fear of failure. Just starting it can create enough momentum to see it through.
Visualize the result, but make the action the goal. There is a subtle difference here for the entrepreneur. Of course you want the result, but maybe that’s not in your direct control. Visualize the result in your mind, but make your goal the consistent and persistent action of the entrepreneur. The action will eventually produce the result and you can certainly achieve that goal.

Never, ever quit. I hate to even use that q word. If you do quit, you cease to be an entrepreneur – otherwise you’re not beaten, you are moving ahead!

“It’s never been done that way before, Thomas.” Oh how many times had he heard that before? Yet here he sat in his laboratory trying just one more time to perfect his idea.

“Thomas, why not give up, your laboratory has burned down. Isn’t that saying something?” There they were again, constantly complaining. Yet he would rebuild and create something new then he kept creating, and in so many ways the world was never the same.

That creative mind was Thomas Alva Edison and he came to be known as “The Wizard of Menlo Park”. This entrepreneur was responsible for such inventions as the phonograph, light bulbs and electric power distribution among other things.

“Results! Why, man, I have gotten a lot of results. I know several thousand things that won’t work.” – Thomas A. Edison

Edison was a single father for a time and knew what it was like to provide for his family in difficult times. His first wife, Mary, died thirteen years after they married.

At the end of Edison’s life he held more than 1,000 patents for various inventions and improvements he brought to the world. Some were little remembered while others are part of a well-recited legacy.

This inventor was a consummate entrepreneur. He could see existing products and find ways to make them better. He found better uses for existing products with a few alterations and he steadfastly refused to give up in the face of adversity.

Not all of his contemporaries found Edison to be an appropriate poster child for scientific exploration and success. Nikola Tesla, a contemporary of Edison’s said following the death of the inventor, “I was almost a sorry witness of his doings, knowing that just a little theory and calculation would have saved him 90 per cent of the labor. But he had a veritable contempt for book learning and mathematical knowledge, trusting himself entirely to his inventor’s instinct and practical American sense.”

What Edison may not have known in education was made up for in dogged determination – something he owned in abundance. Edison did not let that which he did not know affect that which he wanted to accomplish. Edison’s life is an incredible object lesson for those involved in entrepreneurialism today. Never let difficulties deter you from seeking a new solution, never let road blocks stop you from checking new routes and always envision where you want to be so when you get there you will not be surprised.

“I never did a day’s work in my life. It was all fun. “ – Thomas A. Edison

Edison learned what most of us only dare to hope – following a passionate pursuit of life often yields its own rewards. We each have interests that can be reshaped to include the entrepreneurial spirit and potential business success while doing the very things we enjoy most. The passion we hide is often the passion that can provide the greatest boost to our morale and may provide the courage we need to take the nest step.

“If we did all the things we are capable of, we would literally astound ourselves.” – Thomas A. Edison

Gone: Customers, sales, profits. Following is a simple little tale about how it happens.

«Jones was a typical entrepreneur who worked long hours and wore many hats.

«The problem was that all the hats screamed for attention. Jones solved the problem by wearing the hat that screamed the loudest.

«Unfortunately, this was only a temporary solution since all the hats kept screaming until they were worn.

«There was, however, one hat that never screamed. It never complained, whined or whimpered, even though it was lonely. It knew it was important, whether or not it was worn. That hat was right.

«One day the customers quit coming. The other hats became quiet; they no longer were needed. It was then that Jones noticed the hat named Marketing and how little it had been worn.

«‘Why didn’t I wear the Marketing hat?’ thought Jones.

«For one thing, Marketing hadn’t screamed for attention like the other hats. The other reason was that Jones was afraid the Marketing hat was too expensive to wear and would drain profits.

«But now there were no profits; the customers were gone.

«Jones put on the Marketing hat. It was time to get the old customers back, and to get new customers, too. It was time to wear the Marketing hat regularly.

«Even the other hats perked up.»

Because in today’s business landscape, running a business requires well-honed knowledge and skills more than just capital, ideas and stamina that’s why.

While arguments could be that many of the world’s most successful entrepreneurs have no business diploma, some of them are even school dropouts, the statistics stacked for not succeeding is still staggering. Even the best of ideas in the best people will from time to time need some sanity check. You will find this out to be true in the future whether you have already succeeded or like the majority have failed. Why take chances then.

True, there are the so-called intangibles in a person that makes him succeed at business as though possessing a touch that one can not easily dip a finger into. This is of course a very important component to anyone conducting a business. But then entrepreneurship could be taught and learned, and just like creativity, it could be developed and honed to higher levels.

The entrepreneurial landscape is not easy. It is pock marked and dotted with failures and that includes those who are passionate about what they are doing. It is a highly competitive and dynamic force out there made more complicated by fast changing technology that could revise processes overnight. One of the strongest arguments about not succeeding in entrepreneurship points out to the amount or the lack of investment in oneself at self-discovery. The question is then whether to enroll at an Entrepreneur University or not, rather what field of endeavor what one wants to get into.

You may or may not need an MBA but you could seldom get away without training on managerial accounting and finance, strategic positioning, technological trends, business law, business planning, negotiation, business statistics and economics, marketing, product development and to a degree, global trends to name some.

Some may require so much attention that could require an experienced eye to check out. Take for example a simple business plan.

A business plan as we already know is the blue print at which a business is to be conducted. Whether the intention is to present the plan to a banker or not, the principle is the same. It needs special attention to details. So many times, someone doing a business plan will have his focus on achieving the bigger picture, which is by the way correct, except that details towards its achievement is incomplete (if not too ideal). The information too are sometimes superficial that could only often be detected and remedied by a trained and an experienced professional better yet, most plans could be improved by a more comprehensive training.

Creativity too is very essential in running a successful venture. Now what is that? Creativity is the bulb that lights up a path. It is fun and it is what makes your approach and solutions unique. We all have it in varying degrees but it is an accepted fact that for most of us who wants more of it, creativity could be developed faster in an atmosphere where there is an exchange of ideas and interaction.

These are two of the different aspects that is critical in running a business. Other things could include setting up processes, legal structures, finance and cash flows, recording and records keeping, controls, monitors etc.

The sweet part is that there are Entrepreneur Universities that allows you to taper the course to your immediate and practical requirement and is specific to your needs.

No matter what, those that are critical to running a business and should be offered by good entrepreneur universities may include:

§ Advertising,
§ Basic Bookkeeping,
§ Basic Business Management,
§ Basic Financing,
§ Business Financial Management,
§ Business Planning,
§ Choosing a name,
§ Choosing people,
§ Equipment and supplies,
§ Financial resources,
§ Insurance,
§ Legal structure,
§ Marketing,
§ Operations and Production Management,
§ Public Relations,
§ Record keeping,
§ Sales and
§ Startup Processes

It should also offer and provide training on Accounting/Taxation, Building a Culture/Team
Building Your Company’s Vision, Coaching, Conflict Resolution, Crisis Management, Initial Public Offerings, Growth management, Negotiation, Networking, Personnel and Compensation, Product Development, Strategy, Technology and applications and Venture Capital.

This may sound like a long list, but as mentioned previously, needs could be tapered to individual requirements. One thing for sure though is one does not have to take up a course in an entrepreneur university that may not really be required for an entrepreneurs actual business applications.

Why is there a need for it?

In the world that we live in, several multinational companies tower over one another. It is not something to bring wonder to all as these occurrences form part of the goal to which everyone is geared towards—it is none other than global competitiveness.

You must not get the shock of your life when you see multinational companies springing form one continent to another, from one shore to another shore, and from one border towards another. In your most unexpected places, multinational companies may pop out and can also expand at any minute.

With the innumerable businesses in existence today, you might think that your effort to put up one will just be futile as it is like planting a seedling in an array of towering trees. It may be but it may not also be. Got the logic? Then, read on!

Despite all the lording gigantic businesses there are in these days, the rise of entrepreneurship cannot be stopped. The rate of entrepreneurship is in fact growing day-by-day concerning the hundreds of people who want to start up something with their capitals in hand. For someone who wishes to put up a business, risk must be taken. Competition is inevitable in this kind of industry. That is why you must be firm with whatever decision you will make and capable of risk-taking.

If people discourage you to dwell into any type of business, better not listen to them. After all, entrepreneurship is indeed very much alive. Government systems in fact encourage entrepreneurs that will help boost up the economy and save the nation from further crises. While the government is welcoming with open arms these foreign investors, it is not as well turning its backs from local investors. In reality, the government is encouraging investments from their local people. After all, the government deems that investments are the sole solutions to provide the nation some stability and certainty in terms of the economy.

Do not be taken aback by the giant investors existing in the market. They are already stable so they would not bother to pull you down. Just concentrate with your own stuff and think of better ways to further improve your craft. Who knows, someday you might be one of those giants lining up the business arena.

But how will you start? How can you be turned into an entrepreneur? Look into your own self. What can you offer? What capabilities can you boast of? What are you capable of doing? Just have a vision of what you like and certainly you can make it come true. Before pursuing into any type of business, equip yourself first with the utmost trainings.

Entrepreneurial training programs will make your qualifications sharper, fluent, and competent enough to face the battle among the existing competitors. Where can you gain access of entrepreneurial training programs? Several companies offer these training programs. Schools are also hooked into this scheme. Always consult the expert in the field of entrepreneurial training programs.

Do away with the negative vibes. Do away with negative thoughts about yourself. You know you can do it. You know you can face it. Do away with confusions. Do away with self-pity. Just sport a positive perspective about yourself and you will soon see what will become of you. Maybe you will not be too successful on the first try. But then the more you try, the closer you will be with success.

One ultimate source of entrepreneur training programs is the internet. Yes, online entrepreneurial training programs are widely available. These trainings harness and hone your entrepreneurial skills even you without knowing it. Online courses are at times free. But mostly, they need to be subscribed to. If you think you are now ready to face the battle, try searching for online courses on entrepreneurship training programs.

There are literally lots of them. While undergoing the training program, be sure that you pay keen attention to whatever lessons are given out. These lessons will determine the knowledge that you may manifest as you already deal with the actual reality.

A training program on entrepreneurship will let you reap fruitful results. Just believe in your own capacity.

What is an entrepreneur? Well, an entrepreneur is one who takes calculated risks and introduces a new or existing product into a new or existing market. In other words, an entrepreneur is a founder.

An entrepreneur starts a venture. He or she takes an idea and shapes it into something that the world can see as a force in the community. Many people think that getting a high-paying executive level job means being at the top of the world. However, did you ever think that even high paid executives have someone to answer to?

That’s right; entrepreneurs actually become the most successful people in the world. Think about Bill Gates or Donald Trump.

So what do you need in order to become an entrepreneur? First of all, you have to have an idea. Entrepreneurship involves taking that idea and transforming it into something that people would be willing to pay for. But how do you do that?

Well, to help you, you can use the SWOT analysis. What is the SWOT analysis? It is a system of scrutiny, which helps you judge the feasibility of your idea.

The components of the SWOT analysis are:

1) Strengths -In order to succeed in your venture, you need to be able to analyze any strengths that you have. Is your idea one that can change the way people perceive things? Are you good with selling your idea? What do you have that you can consider an edge over the competition?

Analyzing your strengths can give you a much-needed confidence boost. It can also teach you which cards to play when you are trying to convince people to buy your product or your service. Remember that more often than not, it is not the product that people buy, it’s the person.

2) Weaknesses – Of course, when you study your strengths, you also examine your weaknesses. No one is born to be the perfect entrepreneur. We all have our little defects and make little mistakes.

However, you should analyze your weaknesses and try to balance them out, if not turning them into strengths. Think of ways which you might make up for your shortcomings and how to turn the negatives into positives.

By doing this, you will be able to face every entrepreneur’s fear: the failure of self. You will be able to actually tell yourself that you know your weaknesses and you know how to counter each one.

3) Opportunities -The first two factors had something to do with your internal characteristics. However, as we all know, entrepreneurs face not only themselves, but the world as well. You need to examine any opportunity that may help you succeed in the market. Opportunities include people’s attitude towards a product, any specific need in the market for a service and any incentives found in the market for your venture.

By identifying the different opportunities, you can see if starting a venture would be a smart thing to do. Also, the opportunities can reveal to you, how to combine them with your strengths or use them to neutralize your weaknesses.

4) Threats -Of course, bad always comes with the good. If the world offers you some opportunities, be sure you understand that there are threats that could ruin your venture. You need to take into account the law, taxes, current political situation and see if you indeed have a potential target market.

By examining the different threats to your business venture, you can prepare contingency plans in case things don’t work out for you. You can also best prepare yourself for anything that has the potential to ruin your enterprise by gathering all the information available about it.

There you go: those are the essentials of being a smart entrepreneur. Remember that profit rarely comes from scared money. In order to be successful, you need to take calculated risks. Risks are different from uncertainties in the sense that you can reduce risks, but you can’t really minimize uncertainty. What you need to do is get rid of the uncertainty by showing yourself that you can handle the risk.

In doing so, you gain the personality of the entrepreneur: always striving to be the best in the world.

One of the things I appreciated, only after graduating college graduation, was that my school employed professors, who had “real world” experience. I cannot tell you how many times we heard a professor say, “Okay, that’s what the textbook tells you. Now, let me tell you how it works in the real world.”

Textbooks only give students a foundation on which to build later in a real job. Often times, the real world does not follow the procedures set forth in or look/act anything like those models in the textbooks, making it difficult to adjust. You expect one thing in a new job but discover another, feeling lost as to how to proceed.

The Florida Schools in partnership with the National Foundation for Teaching Entrepreneurship (NFTE) are introducing some of the “real world” into the Florida schools. Beginning with the 2007-2008 school year, high school students in the Florida schools will be able to sign up for a major course in entrepreneurship at participating schools.

In June 2006, then governor Jeb Bush signed the A++ Education Act, which offers 442 additional major coursework in the Florida schools. The entrepreneurship course is one of these offerings.

The importance of teaching such a course to secondary Florida schools’ students is not lost on businesses that complain across the nation that high school graduates are not prepared to enter today’s workforce upon graduation. The Florida schools’ entrepreneurship course will teach students vital business skills that will benefit the entire community and economy. With business being primarily knowledge-based, knowing how to use technology and employ critical thinking skills are essential for Florida schools’ graduates. As well as providing this training, the new Florida schools’ entrepreneurship course will create a new awareness for the students.

The NFTE was instrumental in the development of the entrepreneurship program for the Florida schools. The group is committed to providing entrepreneurship education to low-income and minority youth. They believe that introducing entrepreneurship to high school students gives them greater motivation to stay in school in order to do more with their life after graduation. Entrepreneurship offers hope and an opportunity for many students, who feel that there is nothing for them after high school except minimum wage jobs. It gives them the knowledge and confidence that they can do more.

The nationwide program of the NFTE has shown that entrepreneurship coursework at the high school level decreases the drop out rate and increases the number of students who go on to college. Their claim has been documented by Harvard Graduate School of Education in a multi-year study on the influence of NFTE coursework on school engagement. The NFTE currently has high school coursework programs in 47 states and 16 countries with over 150,000 courses worldwide, and there are 23 Florida schools within the Miami-Dade County Public School District that already successfully use the entrepreneurship program.

With the signing of the Act in 2006, the Florida schools have become the model for school boards across the nation. Florida schools’ officials have been receiving telephone calls from as far away as Arizona and California. Other states wish to emulate the Florida schools and their new entrepreneurship program to bring the “real world” to their high school students, as well.

Everywhere you turn nowadays, you always hear about venturing into entrepreneurship. But what is entrepreneurship exactly? It is actually defined as the process wherein a group or an individual makes an effort to pursue opportunities to satisfy needs and wants through uniqueness and innovation. Some people have the misconception that entrepreneurs are gamblers in the sense that they take risks and invest in industries that have no record of success. However, the truth is, these entrepreneurs take calculated risks that have the potential to provide them with huge returns.

The key factors you need to remember about entrepreneurship are opportunities, innovation, and growth. An entrepreneur sees opportunities in environmental trends and changes that nobody has seen before and pursues this opportunity with whatever resources he has at hand. The second theme in entrepreneurship is innovation which involves transforming and revolutionizing existing products or services to cope up with the changing global environment. The third theme is growth; this involves the continual efforts of an entrepreneur to expand his business locally and internationally. An entrepreneur is on the constant look out on how to create new approaches to make his business grow and become a huge success.

These themes are the key factors which businesses are founded upon. The largest corporations you find today did not start out big, rather they started out as small enterprises by visionaries who want more than what is offered to them. You can see from the history of some of the most successful business today that the founders of these businesses have taken great leaps of faith and incredible amounts of risks in order to be what they are today. Wherever you turn, you see the results of entrepreneurship. But it is most obvious in internet commerce because this is a new industry. People that were unheard of before are becoming some of the riches names in the world and it is all because they have taken risks and have succeeded. So whether we realize it or not, it is the entrepreneurs who drive the global environment nowadays. They are the ones who are always seeking out opportunities and taking risks to improve our world and profit from it in return.

The business environment and even the technological advancements that are available today would not have been possible if these entrepreneurs did not come out of their comfort zone to invest in the development of these businesses. As you can see, having the entrepreneurial spirit is definitely necessary for businesses to reach greater heights and provide better and faster products and services to their clients. It is no wonder then that a lot of business enterprises are hiring young and dynamic individuals with a vision and who are not afraid to take calculated risks to ensure the survival of the business tomorrow.

In order to succeed at cash gifting – or any other type of serious program – you need to have or be willing to develop the traits of an entrepreneur. You must already be at least considering the notion – you’re here reading this article right now. A lot of people want to begin reaping the immense benefits of cash gifting, but are a bit hesitant to initiate the process. You see, cash gifting – even though it is one of the most simplistic concepts to promote – still requires regular and effective promotion to keep the wheels in motion.

Some people are very attracted to the concept of cash gifting and want to become a part of a program. They procrastinate because they are fearful of smooth-talking, money-flashing con artists who will promise them the moon and then never deliver. They are right to afraid. There are dishonest and incapable people in all realms of business, unfortunately. So, when you join a gifting program, you need to prepare yourself first by doing thorough research about the program and how it is operated. You need to hook up with a dedicated mentor who truly cares about your capacity to make the program work. You need to learn how to avoid all of the hype that the cons will throw at you when trying to get you sign up.

Another big problem – even if your sponsor really wants to see you succeed – is that they just do not understand the fine art of mentoring. Just because someone has had some luck in a given cash gifting program doesn’t mean that he or she can lead you to prosperity. You have to associate yourself with pros who have been to the place where you are, know how to rise above it, and have loads of resources, experience and knowledge to get you where you want to go. You need a mentor to help you learn the ropes of Internet marketing and supply you with the tool kits to allow you to do so. Many people are disheartened when they sign up for a cash gifting program and then are left «hung out to dry» by their sponsors. You have to protect yourself.

A smart entrepreneur knows that you don’t have to go it alone. There really is power in numbers. When you become part of a like-minded group of individuals who share your passion for developing success, you greatly increase your odds of achieving your goals. That’s what it’s all about! Whether you want to save up money for a new home, send your kids to a good school, travel the world or just live «large», you have to be dedicated. You have to approach your program from the viewpoint of a diligent professional.

A successful entrepreneur has the mental focus of a laser. Entrepreneurs understand that there is a lot of competition, but most of it can be easily outshined by employing proven techniques of success. If you are ready to enter the entrepreneurial realm of cash gifting, be sure to set your mind for achievement, associate yourself with a solid mentor and be prepared to put in the effort to see it through. That’s how people live their dreams with cash gifting programs!

Your job no longer comes with a guarantee.

Yes, that is right, you might have been taught that if you work hard, study for a professional occupation, and score high grades, your future is set. Nothing can harm you. You get a job with your beautiful education and a good salary, and after 40 – 50 years of working, you retire happy and do anything you want.

Let us look at the facts: Millions of people are laid off work yearly. Some industries, like the record industry, were completely obsolete overnight. Thousands of skilled senior executives and middle managers are losing their jobs. Some students even find themselves unemployed when they finish their courses.

Income and retirement isn’t looking too good either. Nowadays both husband and wife have to work to maintain a descent lifestyle. Statistics show that 95% of all people at age 65 are either dead, or dead broke, and that it is only 6% of the population that is financially independent … and only 1% of those can be considered wealthy.

In the 90’s people turned to small business as an opportunity to create the best economic return available. Most people who venture into their own business are the so-called “Baby Boomers” – people between the ages of 30 and 50. These Boomers represent a third of the population and they are leading the way to make entrepreneurship the Super Career of the 21st century.

Buying a franchise was also seen as a viable option. A franchise is a safe business structure as it has proven systems in place for generating and keeping business.

Women who are disillusioned with climbing the corporate ladder started a new trend in creating home businesses which they can work around their already busy schedules as mothers.

For these entrepreneurs who are looking to start a small business from home, Network Marketing offers many attractive characteristics, including low capital risk and the ease of operation. Unlike traditional small businesses, Network Marketing requires no expensive legal, financial or accounting services, low maintenance or overheads, no employees, advanced education or start up money.

In most cases the only requirements for success in Network Marketing are: A strong desire, integrity, attitude and action.

A life spent making mistakes is not only more honourable, but more useful, than a life spent doing nothing.
George Bernard Shaw

According to Global Entrepreneurial Monitor (GEM) fear of failure is the top reason given in Ireland and worldwide by aspiring entrepreneurs for not starting their own businesses.

NESTA – the National Endowment for Science, Technology and the Arts and the UK’s largest early stage investor in innovative and creative businesses – found that almost three quarters of people who said they had what they believed was a good business idea were not acting on it because they were afraid of not succeeding.

Ironically on further examination it is obvious that all would-be entrepreneurs are being paralyzed by something that doesn’t exist.
That’s right. Failure is a myth!

Entrepreneurial Development – Failure brings you Closer to Success!

Thomas Edison, inventor of the light bulb famously said “I have not failed. I’ve just found 10,000 ways that won’t work.”

It took James Dyson, the engineer who reinvented the vacuum cleaner, four and a half years and 5,127 prototypes to refine his design.

“Each failure taught me so much,” he said. “Success teaches you nothing. Failures teach you everything. Making mistakes is the most important thing you can do.”

In an interview with Time Magazine, Larry Page, inventor of Google, said, “Invariably we try ten things that don’t quite work out in order to do one thing that is successful. And we learn a lot in doing the ten things that didn’t quite work.”

Thus every failure brings you a step closer to success and moves you further down the path of entrepreneurship.

Ironically by embracing this truism you mastered your first two major challenges in life – walking and talking.

Remember: As a child, ‘Never say die’, ‘Have no fear’, ‘Try and try again’, ‘Enjoy the moment’, were your working metaphors.

You fixed your eye on the goal, took your first step – wobbled a bit – steadied yourself. Then another step. Then landed on your backside!

What happens then? Did you give up? Did you say to yourself ‘I tried my best and I can’t do it. It hurts. I’m never doing that again!’? Did your ego kick in and start whispering ‘you’re making a fool of yourself. They’re all laughing at you! Better quit while you are ahead.’?

No indeed, as each one of us is born with an innate desire to reach our full potential, so you got up and tried again ultimately succeeding.

Model off your childlike strategies in the future and master the art of entrepreneurship.

I started my company (EMJ) from the trunk of my car (and it was a small trunk so that’s a small business). I grew EMJ to $375,000,000 in sales prior to selling it to SYNNEX. I am now CEO of a $1 billion business. My successful blog at (jimestill.com) generates a lot of comments and questions. I want to share one of these thoughtful questions with you, and share my answer.

The question:

«First off I just want you to know all I’m asking for is advice, which is the most valuable thing I can get right now.

I have been working in a field of interest for many years now as a hobby. I’ve always had many very good ideas but I never had the resources to make them happen. I always figured it was because I was too young. Now I’m older, I have a job and I’m plagued with the same problem. I’ll have a great idea but it will usually be out of my range because I either do not have the technical ability, the funding or resources to make the idea I vision happen.

My most recent plan evolved from my experience running similar websites, I found there was an un-fulfilled need. I decided to start judging the need for what I was offering so I did my homework and contacted over 130 other similar sites. Within a day I had 20 sites interested in what I had to offer. That’s great and all but those 20 sites generate about 6 times the traffic I could handle. So once again I’m in the same position. I do not have the resources I need to properly execute my idea.

My basic question, what is the best route to take when you have a great ideal that is more then you can handle.

A little more about me, I’m 23 years old, I have been running web sites and involved in the industry for around 6 years. I have a good paying job in another industry which makes it even more difficult to make the «jump».

Thank you for your time.»

My response:

1 – There is never a right time. Entrepreneurship involves risk. This means yous sometimes need to just jump. This said – I always say «fail often, fail fast, fail cheap» so I always look at the downside.

2 – It is very powerful to be under resourced. It will make you more resourceful and likely allow you to run a leaner more competitive business.

3 – I like to choose opportunities that are the right size for me now. This is a beautiful thing for business – there is always a right size business opportunity for everyone at every size. When you are starting from your basement, you can take a $100,000 opportunity and do well. Bigger companies cannot do this so will leave you alone.

4 – When the opportunity is too big for me, I consider narrowing my scope. Instead of being the biggest seller of bar code equipment, be the bigger in bar code for warehouses etc.

5 – Consider partnering. It is better to have 10% of something that is worth something than 100% of an idea.

6 – Ideas are a dime a dozen. It is the implementation that counts. How often do you see a restaurant with a line outside and the one next to it goes bankrupt. All the time. Ideas are easy.

7 – I know a lot of people who almost start businesses. They are not successful. To steal from Nike – «Just do it». And do it now. Time is the enemy of ideas and business. Someone else has the same idea. It is the one who perfects it that wins.

Entrepreneurship is a multifaceted adventure that, without a doubt, closely resembles a roller coaster ride. When you begin an entrepreneurial journey or “ride,” you are aware of the gamut of experiences, both disappointing and rewarding, that you will encounter as you undertake this challenge.

Entrepreneurial challenges are not unlike most challenges in life. Hard work, long hours, and anxious moments are just a few of the characteristics of the journey to most successful outcomes.

Reoccurring questions often roam the business mind, and—although they may be phrased in a variety of ways—are basically centered on these four primary issues: more sales, more cash, more time, and more of the “right” people.

Starting your own business is an undertaking that requires more than vision, inspiration, sweat equity, money and determination. It is a leap of faith that demands that you let go of everything that is safe, comfortable, and proven. It is getting “outside the box” in the biggest way possible.

Beginning a new business venture can be risky, dangerous, and harrowing. However, with the proper preparation, the appropriate knowledge, and the counsel of a mentor or a trusted advisor, it can be a liberating and an extremely rewarding experience.

There’s a reason why many of America’s most successful people are entrepreneurs who started their own business and then saw them take off to unimaginable heights. There’s a reason why the Horatio Algers of the world continue to inspire thousands of entrepreneurs every day.

There is a reason why some of America’s greatest companies started with an idea, with meager seed capital, and with an individual who had a maniacal belief in the potential of an idea, and— along with determination and perseverance— saw it through to success.

However, for every success, there are hundreds of failures. The statistics are not only sobering, but downright frightening. More than half of all businesses started today will fail. The failure rate is astounding. Take a look at recent U.S. Bureau of Labor Statistics data, and this is what you will discover: After two years, across all sectors, 44 percent of all new businesses are no longer in business. After four years, 66 percent no longer exist. And, these survival rates don’t vary much by industry.

What do the statistics tell us? That most new businesses—whether they’re founded on the most brilliant idea since the theory of relativity or production of a mundane but exquisitely necessary manufacturing component—are making fatal mistakes that will ultimately lead them to bankruptcy. This much is certain. If more than half of all new ventures fail, there are lessons that are not being learned.

If you have been thinking of starting your own business but with a little information on how to make the first step, then, you have to take the following into great consideration.

1. Decide what type of business you want to put up. You may ask to some of your successful friends what is a good type of business. Well, they might suggest some, but the right answer is in you. Deciding what type of business you would put up means reflecting deeply the things you want to do and things you are good at. Look ahead and ask yourself these questions: Am I willing to do this business everyday for years? What do I love to do? What are the things that are both profitable, at the same time, things that I find enjoyable? These questions will lead you to specific type of business you want to put up. Take your time.

2. Do research. Once you have determined a particular type of business you want to put up, study its profitability. You simply don’t put up a business you love, don’t you? You still have to think if the business will click. Feasibility study would do the job. In other words, study if the business you are trying to put up will return to you the investment you have given. In here, you have to decide where to put up your business. Remember that a certain type of business would hit big time in one place but not on the other, so make sure that the place you will choose will give you good sales once you have opened.

3. Decide on the name. Create a name that is snappy; the name that will put every element of your business in a nutshell. A name may or may not be short as long as it distinguishable.

4. Decide on the form of business. Form of business means that you will have to choose between, incorporation, partnership, and sole proprietorship. Know the difference between the 3 and what are their advantages and disadvantages to you.

5. The registration. Most businesses must be registered and there are processes to follow. You need to reserve for the business name and registering your business. One state might have different business registration procedure from another. Check the information on the website of your state.

6. Get the license and business number. Register for the PST and the GST/HST. All these must be accomplished before you can operate your business. Again, you may want to check on the whole procedure of starting a business on your state.

7. Get you employees ready. Having an employee helping you will certainly give additional boost on your business. It may be the last thing you would think on the early stage of business but it is nice to know that when you have an employee, you know there is someone who can assist you as you go along the way.

8. Get business insurance. A support net would come in handy once you fall from the sky. Research on the types of business insurances that you can get.

9. Get started. Give a good start and keep your name clean. You may want to study more on the principles of entrepreneurship as you go along.

Although all these may sound easy or awfully hard task, you still need to understand how the business world works. Yes, having read this would not mean that you would instantly become a tycoon. These are only your initial steps; somewhat the basic information you need to know when you decide to start a business of your own. To become a successful entrepreneur, you need to dedicate you whole heart and soul to the business you love. Before you know it, you are a growing businessman.

Once you have started, never disregard the chance of failure. And this should not demoralize you. It is just the part of the game. Learn how to adapt to the business and charge all your failures to experience. You will learn as you go along. Successful people never give up. Remember, always head forward but have time to look back and learn from the past. Good luck.

When you have a business, it is only natural that you try to examine it. We all know that the more information you have about something, the bigger your chances of making correct decisions regarding it.

Entrepreneurs scan their business often, even though many already know their ventures like the back of their hands. When you think about it, the cliché «knowing the back of your hand» is a bit false. In fact, only a few of us really know how the back of our hands look like. We only think we know it because we see it every day. However, we also take that view for granted and very few of us can actually honestly say that we have memorized every detail of the back of our hands.

How does that connect with how entrepreneurs scan their businesses? Well, most entrepreneurs nowadays want to believe that they know every detail of their ventures. But the truth is, very few actually do. You see, there are disadvantages to being the boss.

For one thing, the boss always seems to be out of the grapevine. This means that the boss hardly ever gets wind of any trouble that goes on around the workplace. It also means that there may be some problems that the boss will not be able to know about, unless the entrepreneur scans his environment.

So how should entrepreneurs scan their environments? Well, a good idea is not to act like a drill sergeant and start shouting down your employees in order to get the answers you need.

For one thing, it shows that you mistrust your employees and this would only keep you out of the loop, as it were. Another thing is that you cannot expect to get the information you want this way. In intimidating your employees, you only get the information you want to hear, not the information you need.

You should let your employees feel that they can trust you. Be one of the guys. However, be sure that you do not cross the professional boundaries that exist in every workplace. You should show your employees that you are the kind of person whom they can come to for any problem. Remember that any small problem of your employees can affect the way you do your business.

Now, you know the proper way entrepreneurs scan their businesses through the employees. But there are, of course, other factors that need to be scrutinized in order to have a successful venture.

You also need to assess yourself. What kind of entrepreneur are you? What are your strengths and weaknesses? How well do you handle the business and everything else that the world throws at you?
Remember that sometimes, we are not the best judge of our characters. Most entrepreneurs scan their characteristics by getting an outside opinion. This opinion, of course should not be biased in order to be helpful to you. You need to have someone tell you to your face all of your faults and give you credit for your abilities.

Entrepreneurs also scan their environment. What potential markets are available for their business? What threats out there can affect their business? Entrepreneurs scan the environment because of the fact that it is one factor that they cannot control.

All you can do when something in the environment, whether opportunity or threat, takes place is to adapt to it. This means that you have to be able to prepare for any contingency. It is necessary to plan in order to succeed. But you know that, right?

Entrepreneurs scan the market for any signs of behavioral changes that could mean the collapse of their business. Why do you think that chips and sodas develop different flavors all the time? People change all the time. One example is change of preference. If a market gets tired of your product, you would be in very big trouble.

You need to adapt your product to the trends of the present. Anticipate future changes and do your best to prepare. However, you also need to remember your past. Sometimes, people dislike changes that a company or product goes through and, as a result, takes their business elsewhere. Ensure the continuing legacy of a good product if you think you have one.

Some Hot Business Opportunities for Entrepreneurs

These days, a lot of trends in the business arena have surfaced. In a year, several business opportunities for entrepreneurs rank as the hottest. So as a budding entrepreneur, what field would you like to get into? It is believed by many that in opening a business, it must be something within the scope of your own expertise.

You need to have an initial knowledge about what opportunity you are getting into. In managing any type of business, it is a must that you exert a personal effort on it. But then as the times are concerned, it goes to point out that the business of your choice must be something which is within the trends and that which is appreciated by the consumers. Or else, you are opening yourself into some great possibilities of losing in business.

For a guide, here are among the hottest trends of business opportunities for entrepreneurs in the year 2006:

Communications Coach or Writing Instructor. Most American businesses involve the flow of communications. After all, how can a business transaction transpire if there is no communication that exists within the concerned parties? Most office personnel in America lack one skill—and that is the power to communicate effectively.

In all levels of business, the staff members are asked to communicate orally, verbally, or technologically. But then most of them fail to do well in the task. They cannot even generate sensible sentences for that matter. Unfortunately though, a lot of English classes held in high school and college levels tend to overlook this matter so the graduates are not molded for these kinds of situations. One of the hottest business opportunities for entrepreneurs this year is to put up groups that would coach people in the entrepreneurial level in terms of communication. Many American companies seek the services of communications coaches and writing instructors.

Blogging. In a technologically advanced world, most information, ideas, and transactions are already done via the net. Blogging is one of the hottest and rising business opportunities this year. Whether the phase is internal or external, the blog must be well written so that it will be highly effective. Most companies involve blogging as part of their marketing strategies and if the blog is more or less poorly conceived, you know exactly what it will reflect for the company. The corporations that employ blogging as part of their businesses should provide ample training background in writing skills to their staff members.

Security and IT Privacy Consultant. For companies that mainly run technological-based industries, what they need are people who are IT competent and who knows how to troubleshoot technological problems. Since they deal much with information, they also need sufficient security. That is why masters in these matters are very much in-demand. As an entrepreneur, you can put up a business that relates to this need.

Some Construction-Related Operations. The country cannot rid of constructions of all types since it is moving towards global competitiveness. In the midst of all these constructions are great opportunities for entrepreneurs that are concerned with the plumbing, electric, carpentry, drywalling, and general contracting services.

Home Caregiving. In America per se, the aged individuals are always put in Home for the Aged institutions as their children are busy to care for them. It has been a custom to hire home caregivers for them. In the rate of employment, there are several individuals who go for caregiving since it is a highly paid job. If you may be interested, you can put up a home caregiving agency and earn much because of the high demand for such services.

Medical Technician or Home Healthcare Nurse. This business opportunity is likely related to the discussion above.

Virtual Assistants. The demand for virtual assistance is all the more increasing. People who would like to have online secretaries who can take charge of anything which they need pay much just so they can avail of the service. As an entrepreneur it will be beneficial on your part to come up with a set of staff members to work as virtual assistants.

Ebay Trading Assistants. People certainly love to shop on ebay especially with all those auctions. Being a seller in the website can invite lots of money for you.

Mobile Phone Applications. People cannot be detached from their mobile phones these days. So the demand for more advanced and upgraded phones increase each day. Outlets for mobile phones sales and repairs all the more prove to be successful this year.

There are more and more business opportunities that may knock on the doors of budding entrepreneurs. If you know how to handle a business, you will likely succeed.

How to Make it as Entrepreneur Autorisant l’tat de New-York

The answer- be an entrepreneur!

Central to being an entrepreneur is the question of what truly is an entrepreneur and what makes one.

If you asked business experts some decades ago, the very thing that makes an entrepreneurs would be given on a capsule-like definition. This person must be a male, an only child in the family, should atleast be35 to 45 years old at the time of venturing into the business, must have a masters degree in business courses, must be a Protestant, a son of a poor family and must have worked in his childhood days.

They’re right, entrepreneurs truly must be developed and raised in certain environments that would elicit responses applicable for becoming a risk taker, an organizer and a team builder. Add some touches of good character and faith in himself, his people and his Overseer, the person is sure to go up the ladder of businesses. And never forget, he must have some good streak of luck and fortune that would push him to brave the risks.

Now, if you do not fit in this stereotypical representation, should you get worried? Of course you must not. Hardly any of these are true factors to becoming an effective entrepreneur.

Nonetheless, recent research and keen observations in the lives of successful entrepreneurs indicate that they seem to have some common denominators that make them successful. If you are worried that you lack any of them then you can make ways in acquiring some of those factors and get the advantage of many things.

Though arguments may present various contradictions to the indicators, the fact is, we never can actually give exact measurements on what would work and what would not. Well, other people choose to focus more on the qualities that the entrepreneur don’t have and those that do not apply. Others find links from those that are commonly present in many and those that are exceptionally effective for most. On whatever grounds we delve, there should always be some hints that we can gather.

The common denominators
Handworkers- people in entrepreneurship are almost always the hard workers unless they stand up and work some things out, they can never become entrepreneurs. Not only should they be prepared on what lays their grounds in staring their own business, they must also have the good training prior to staring their company. It his is critical since no lazy oafs can become tycoons overnight.

Motivators- entrepreneurs are normally characterized by their ability to build team spirit and to become effective organizers. Thus, they have to have the power to motivate both his team and himself. They must carry motivation to achieve which is almost similar to believing and hoping for something better. This fall to be one of the most common quality entrepreneurs have. They never aim for the third rank nor the second. Their place, they believe is the first.

Leadership- staring a business entail the risk of falling to uncertainties and failures. Going through all these require much of leadership skills. The group can’t go anywhere without a good leader to tap them when they fall.

The lack to fill
Excessive risk taker- though entrepreneurship demands that one should be willing to take risks, overestimating one’s potentials in taking risks can prove to be very destructive. Optimism is good but overly positive people die early in the world of starting businesses.

Compulsive gambling- gambling is part of entrepreneurship but most people know that risk taking must be based on good decisions and not on impulses, chances of succeeding must be equated to the chances of failures. Thus conscious decisions are vital with every roll of the dice.

The things that don’t matter
Biological factors- this group includes age, sex, marital status, and education level are all irrelevant factors in making it through the entrepreneurial world. They may provide some good contributions to things yet they don’t normally dictate where the ball would fall. Often, we see obscure people winning the game. Obscure, meaning they are not among the stereotypical. School drop outs like most of the successful men and women in the world normally stand on toe (or even above) most businessmen who have doctorate’s and master’s degrees.

Know one of those brilliant brains that can’t have a sustained human conversation because their mind races too fast? They may suffer from a not-so-rare disorder. And you hold the cure – if you print out the following article and hand them a copy.

Entrepreneur SASS
(With permission from Utah Valley Business Q)

We may have an epidemic among us. At the next networking meeting you attend, wash your hands immediately afterward – maybe five times for good measure. Despite medical evidence to the contrary, a previously thought incommunicable disease is spreading faster than copies of Who Moved My Cheese?

The disease is Short Attention Span Syndrome, or SASS.

Perhaps someone you know and love is affected. Perhaps you yourself have noticed some of the following symptoms.

-Shifting in your seat and coughing just a little too loudly during a boring meeting.
-Saying to your significant other, I’m sorry, honey, could you repeat that? I wasn’t paying attention.
-Going to sleep while mentally rifling through a mile-long to-do list

Many with these symptoms joke, «I must have ADD!» However, only 4 to 8 percent have the genetic condition referred to as ADD – more correctly termed ADHD, – which is present from birth and, while treatable, is permanent. The dreaded disease of SASS, on the other hand, develops over time.

Symptoms begin to appear around the teenage years and slowly accelerate until they become a frenzy of activity and mental noise. SASS is viral. It passes from manager to employee, from spouse to spouse, from parents to children and from children to parents.

Most common is the passing of SASS from entrepreneurial types: business owners, risk-tasking executives, sales professionals, visionaries. Entrepreneurs develop SASS themselves, typically in the incubator of their own ever-changing minds. While most everyone has a lot to do, entrepreneurs have the tendency to pick up a lot more «To-Dos» than the average person. They then pass the virus on to those around them.

Entrepreneurs pass SASS to their employees in the form of altered objectives, multi-tasking, bold initiatives, training meetings, revised agendas, organizational restructuring, innovation after innovation, and of course, more meetings. They pass it on, unable to listen to the comments of others as they continue to create more to-dos in their mind.

Then they return to the quiet of their own homes and continue to think about more changes and more To-Do’s deep into the night. They are often oblivious to the peas and carrots on their plate and the 8-year-old wanting to play Bob the Builder.

There is hope. SASS is a curable condition. Those afflicted by SASS usually have developed an altered sense of reality. Recommended therapy is as follows.

First, have the subject look in a mirror. Ask them, How many of you are there? Sometimes, the SASSy individual thinks outside the box to the point that they insist there are two of them. In this case, have them repeat 50 times the phrase, «There is only one of me. There is only one of me.»

Second, have the subject look at a clock. At the beginning of a minute, ask the subject to count each second as it passes. At the end of the minute, as them how many seconds there were. If the number is anything other than 60, repeat this exercise 59 times. At the end of the hour, ask them how many minutes there were. If necessary, repeat this exercise another 23 times and ask them about hours in the day.

Finally, find the subject’s calendar. They may have more than one calendar. Explain to them that, since there is only one timeline in the real world, they can only have only one calendar. Next, look for double-bookings. Again, explain to them in a firm but loving tone that, since there is only one of them, they can only be in one place at a time. If travel time is not properly scheduled, explain to them that, since faxing one’s self has yet to be invented, they will be unable to magically teleport from location to location.

As therapy continues, SASSy entrepreneurs will gradually overcome their delusion that their disease makes them more productive. They will come to learn the truth of the proverb, «man who chases two chickens catches none.»

There is hope for the SASSy entrepreneur. With your help and the help of professionals, they can and most often do come back to reality.

As they journey on the path of entrepreneurship, many successful businesspeople would identify their intuition or gut instincts as their compass and mentor. Without it, they wouldn’t have achieved the “unachievable.”

“Don’t let the noise of other people drown out your inner voice. And most importantly, have the courage to follow your heart and intuition. They somehow already know what you truly want to become,” advises Steve Jobs, Apple Computer CEO

So what is intuition or gut? For some it is a feeling in their stomach, for others, a compelling vision, and for more its an inner voice; all of which are promoting with conviction, a course of action.

It works best when there is no emotional connection to its finding.

Follow your Gut – Be an Entrepreneur!

Nurturing your intuition allows you to connect with intelligence far greater than what’s available through your conscious mind. Disregarding it is the equivalent of cutting off your blood supply i.e. cutting off life’s messages in the context of truly reaching your potential in life.
In 1996 with a poor academic record in English, no background in writing and told I would not succeed by two award winning journalists ( not best selling authors), I decided to honour my intuition and commit to writing a Best Selling Book. Similar to many potential entrepreneurs it felt right to follow my gut but it didn’t make much sense and I didn’t have the know how. A few years later, I had sold approximately 15,000 copies.

Recently while reflecting on my time as a marketing consultant, I realised that very few projects whose market feasibility I had to check got the green light. I always found enough reasons why the business shouldn’t start. If I had applied the same level of analysis to the feasibility of the book, I wouldn’t have pursued this avenue either.

In the context of entrepreneurship, too often people disregard their gut in favour of the “practical, left brained approach” more often than not to the detriment of their project.

I now know that there isn’t a dream in the world that you and I couldn’t conjure up enough reasons why we shouldn’t proceed with it. Knowledge always gives you enough reasons not to act which is why I advise at all times to honour your gut in the knowledge that you will always end up in a place you describe and recognize as better than your starting point.

Oftentimes people don’t choose to go for gut because quite simply it doesn’t come with a pension plan. In the context of you reaching your potential and achieving meaning and significance, pain/discomfort will be part of the package. However this is nothing compared to the pleasure you will have at living and working in your own dream business.

Enjoy the trip.

“The intuitive mind is a sacred gift and the rational mind is a faithful servant. We have created a society that honours the servant and has forgotten the gift.” Einstein

Statistics show that more than one million people in the United States start a new business each year. That number would be much higher if all the would-be entrepreneurs had the financing required to get a business up and running. In order to accomplish their dream of business ownership, entrepreneurs are finding new and innovative ways to finance their new ventures.

According to Leonard Fischer, President/CEO of BeneTrends, one of these new financing options is the use of a person’s existing retirement funds-a pension, profit sharing, 401(k), IRA-which allows that person to start the business he or she has always dreamed of without tax penalties, consequences or mountains of debt.

Under the Employment Retirement Income Security Act (ERISA), retirement funds can be transferred into usable capital for business investments or operations. If a person has more than $40,000 in a retirement account and is not currently employed by the company that holds those funds, he or she qualifies for this Small Business Administration (SBA)-recognized financing approach to start a business.

Retirement funds can be used for any business purpose, including:

• Purchasing a franchise or existing business

• Start-up expenses, such as purchasing property, equipment, etc.

• Working capital, including paying salaries, franchise fees, etc.

• Business expansion, such as funding additional franchises, locations, etc.

• Equity toward SBA or other loans.

The thought of dipping into one’s retirement can cause some apprehension. Through this investment strategy an individual actually has more control over his/her retirement-instead of gaining minimal growth dependent on the stock market, those savings are actually being invested in one’s own business. This approach often allows an individual to set aside more money for retirement than ever before.

«Today’s entrepreneur faces an environment of tremendous competition, complexity and opportunity, so starting a business the right way is more important than ever,» says Dr. Germain Boer, Director of Vanderbilt University’s Center for Entrepreneurship. «This financing method is a good option for an individual who has accumulated funds in his/her retirement accounts.»

The entire process generally takes two to four weeks to be completed, and can be done by phone, email, fax, FedEx and regular mail.

Working with an experienced employee benefits plan expert, starting a business is as simple as these four steps:

Step 1: Establish a C-corporation.

Step 2: The new corporation creates a retirement plan.

Step 3: Funds are rolled over into the corporation’s new retirement plan.

Step 4: The new retirement plan purchases the stock of the corporation.

«So many people have watched their dream of owning their own business go out the window due to lack of funding options. We help people achieve that dream every day using money they already have,» says Fischer.

If you’re ready to explore this innovative financing option, be sure to consult an expert to guide you through the specialized process.

Fair Isaac, the company that develops the formula to determine credit scores looks at the average statistics of consumers and factors that into your score, called a (FICO). According to Fair Isaac the average consumer will have:

· One inquiry on their personal credit report in a given year
· 54% of credit holders carry a balance of less then $5,000 on all debts other then a mortgage
· Have access to $12,190 on all credit cards combined

“Now are entrepreneurs, like you, the typical consumer?” I asked one of my clients (J.G.). “No.”, said J.G.. “You will see that as an entrepreneur, we have several more credit needs then the average consumer. So when the personal credit bureaus compare us to the average consumer, our credit consumption is not normal. Which is why your credit score lowered since starting your business.” “That’s not fair” said J.G. My reply, “If you don’t understand how the system works, you’re right.”

Let’s look at J.G.’s situation. He has applied several times with suppliers for various credit lines over the last year. Each inquiry will likely drop his credit score approximately 5-10 points. The credit bureaus as suppose to lump three together and only drop 5-10 for the three, we’ll see if it happens. He also has a $60,000 line of credit available and carries a balance of $42,000. Both the amount of credit and balance are more then the consumer average which can hurt his score as well. This is without looking at anything else in the business or his personal life.

If J.G. had just taken the time to develop a business credit profile and start establishing basic lines of credit in the business name and then slowly build the businesses credit over time, he may never have ended up without the ability to buy the home he and his family wanted.

This is why I have written books and developed products and services with our company, Business Credit Services, to provide an education to the entrepreneur on how to “become the typical consumer again” and “separate your personal and business life”.

Young entrepreneurs and business owners are often times faced with the choice of which road to take. On one hand, there is the more conservative route of staying in college and getting a degree. On the other hand, many have thriving businesses that are making more money than their degree will ever get for them. Is college simply a hindrance? Or is it a valuable resource that should be continued at all costs. Many college business owners don’t even realize they have the choice of dropping out. Knowing this option is there could be vital to the success of their future business. If you are in college and are an entrepreneur or business owner you must ask your self this question: should I drop out of college?

The answer to this question often comes in many forms from many different people. I was recently at an entrepreneurial conference and had the opportunity to discuss this matter with many rich entrepreneurs. The answers I was getting from them were vastly different from those that my family had given me. On the one side I was being told that college is only useful if you are getting something out of it, and that if I was serious my businesses should take priority over schooling. From the family side I was being told to stay in school no matter what, put schooling at the forefront – there will always be time for business and it will be good to have a safe backup. Both of these answers have their merits, but which one is right?. It became clear to me that it was my decision- not the other wealthy entrepreneurs, and not your family.

Why are you in college?
This question is the fundamental element in the decision to drop out of college. Entrepreneurs must figure out the reality of why they are in college before making a decision to drop out. Some business owners are in college because their parents told them to go there, or because they didn’t realize they had the choice. Other young entrepreneurs are in college because they find the information valuable and want to continue learning while they expand their business. Even more still had childhood dreams of one day being an engineer or architect and want to follow through with their early ideals. You must answer this question truthfully and honestly if you are going to make a choice about running your business full time or staying in college.

Why Do You Want to Drop Out?
It is very important to understand exactly why you want to drop out. Many business owners and entrepreneurs have vastly different reasons for dropping out of college and it is key that you understand yours. I have often fielded this question in conversation, and many times a young entrepreneur will want to drop out of college on pure speculation. This is never a good idea without a solid business plan. I recommend having a solid business plan and some backups in the least, as well as some plans for continued learning of business skills. Dropping out is a risky decision – entrepreneurs will understand and easily accept this fact. Understanding and accepting risk is part of being an entrepreneur and starting new businesses. I have also talked with many entrepreneurs who already have million dollar plus income, and are thinking about dropping out in order to focus more on their business. This instance presents an entirely new set of questions. Whatever your reasoning make sure that you understand and research your position.

Here is the Secret to Making the Decision
It all comes down to balancing the two sides of the argument. If you’ve figured out both your reasons for being in college and your reasons for dropping out and starting a business, then you can easily make a decision. The trick is to look at a list of both sides: your reasons for being in college and your reasons for going out and becoming an entrepreneur. If either side has reasons that aren’t your own, or that have doubt in them, then you will most likely pick the other side. Here is an example situation, look at the two lists and decide what the student should do.

Student A – Reasons to Stay in College:
– My parents are paying for it, and they would flip if I left
– Everyone I know is in college, it would be weird to leave.
– A degree might give me some security later on.

Student A – Reasons to Drop Out and Pursue Business
– I have a solid business plan and have been working on it for months
– My income is almost half of my parents already
– Having more time to work on business would let me expand faster

I think it is fairly clear in this setup that we have an entrepreneur at heart. There is doubt in the reasoning behind college, and he also doubts that he will even need the security of a degree. The second list is much more profound and certain. This student knows he will be successful as an entrepreneur and he only wants to build his business more. There is certainty and understanding in his tone. With this situation it seems very likely that the student would be far better off dropping out of college and pursuing his business goals.

The case is almost never as cut and dry as the situation above, most young businessmen have far more complicated setups. Even with the complications, the end result is always the same. Follow the path that you are sure of in your heart. If you are an entrepreneur in the right position then you will know exactly why you want to drop out and that it will be better for you. Or, you will know that staying in college will teach you more about business and let you grow faster out of college. I will leave you with one last thing.

Listen to your own thoughts, and pick the path that you know is better for you.

Is extensive travel one of your unfulfilled dreams?

For years, my husband and I had talked about taking a grand tour of the U.S. and Canada, visiting well-known cities and viewing glorious landscapes. On March 1, 2003 we left in our car to do just that. At the end of May, we returned home having racked up 20,000 miles, having experienced countless adventures. What’s more, by working just a few hours a day, we earned the same amount as at home and will be deducting expenses for the entire trip on our tax return. We plan to repeat our feat this summer, in and around Alaska.

You too can do this! Here are five ways to turn the long trip you’ve been dreaming about for ages into tax-deductible – and profitable! – business travel.

1. Seminars. By announcing my itinerary to subscribers of my weekly newsletter, The Marketing Minute, I received seminar or speaking invitations for Houston and Austin, Texas; San Francisco and Sacramento, California; Seattle, Washington; Langley, British Columbia and several other locations. Most business organizations plan events several months in advance, so time your trip announcements accordingly. Besides appearing at events sponsored by an established organization, you can line up co-sponsors who know one or more of the areas you’ll be traveling to and who will take charge of your legwork in exchange for a percentage of the profits.

2. Client meetings. People I had been working with remotely were thrilled at the opportunity to get together in person when I would be passing through their area. Some of these meetings turned into enjoyable social occasions while others materialized as paid consultations. You’ll need much less lead time to set up these get-togethers than for seminars.

3. Research. Haven’t you always wanted to find out how businesses deal with setbacks differently in different parts of the country or the world? If not, then maybe you can formulate another travel-worthy question whose answers relate to your line of business. Upon your return, you can publish a report and voilà, you have a new product and your trip had a legitimate business purpose.

4. Focus groups. Convene small groups to feel out the market for possible new ventures from your company. You may need just one business contact in each city where you want to do this. Offer a free lunch or dinner for participants and something more for your contact, and ask him or her to round up colleagues for an interesting colloquy on _____ (describe the topic appealingly). To fend off suspicions that this will be a disguised or explicit sales pitch, promise that the event will include no selling.

5. Book tour. Setting up author events is a feasible option if you have at least one published book, even if it came out a couple of years ago. If your book is fiction, the events would normally be readings or book signings, while if your book falls into the nonfiction category, you can either offer a talk about the topic of the book or set up book signings. Besides all manner of bookstores, including specialty ones like those focusing on mysteries, New Age, Christian or gay and lesbian themes, book events also take place at libraries, museums, community centers, churches and synagogues. As part of selling books during your travels, make sure you contact local media outlets along the way!

Reminder: Be sure to consult a qualified tax advisor to determine whether or not your travels will count as tax deductible.

A word that has been associated in many fields and is defined and had been defined in variety of people in many ways.

Well, the word itself was of French origin which evolved into meanings that pertain to people who take the risks, founders of businesses and or someone who is accountable in case of failure or success in a business venture.

Being a person who founded a new enterprise, it is also understood that entrepreneurs take the largest part when it comes to risks inherent to businesses. After all, they are normally the owners of the company or the business unit.

The common perception with entrepreneurs is that they are the establishers of new entities that aim to offer innovative or existing services or products in the market. The talk of profit or non-profit issues also vary, depending on the type of business management being referred to.

They are of course, one of the main components of the capitalistic world. They take the largest loses or gains since they are the manipulators of the funds. Central to this is the belief of opportunities in a specific area that require the filling of the demands. They are like the providers for the needs and thus, they take the gain in exchange for the provision. They are basically service- or product-oriented who device means to create the fillers for the two said demands. The main focus of their acts is towards the gain of profit.

There are many types of typical entrepreneurs. And because of this evolution from the simple merchants to the more sophisticated corporate men, entrepreneurship has also matured in ways unimaginable when men first thought of selling their own produce.

§ The risk bearers
Risks are incalculable and rather undefined. They come as problems arise and they develop as more problems sprout. There are no specific ways by which risks come out. They just do and they seem to be the eternal parts of any business ventures. Entrepreneurs are not only risk bearers, they also take all the disadvantages of uncertainties.

While both may appeal the same, it is an undeniable fact that they may offer different horizons for individual business people.

Risks can be subjected to insurance principles. Meaning, there are methods by which their intensity or frequency can be measured. Thus, we can provide options in decreasing one’s susceptibility over risks. However, uncertainties may be considered to be more on the subjective side. Since they can’t be calculated and their very nature can’t be estimated. These two combined, it is easier to assume that entrepreneurs can be characterized both as decision-makers and improvisers. They provide solutions to immediate and long-term demands, which are unachievable, even when business routines are carefully studied.

Entrepreneurs certainly are great risk takers. Without this element of uncertainty, no business could have evolved in ways that lead to the growth of certain industries. There surely are things that must be met with responses that are either detrimental to a business unit or would create changes for its betterment.

§ The organizers
Entrepreneurs are typically the founders. It is only proper that they are equipped with facilities that make leaders lead. Founders are the leaders of the pack, they are the builders. They too are planners and the organizers of schemes for giving birth and growth to a business organization.

They are the planners for maximizing the resources. They combine specific factors like land resources, the capital from a partner, the labor of his employees or the resources that came from him to create products that would meet certain demands.

He will then create organizational tactics to come out with the earnings of his profit after everything is settled.

Being the organizer, it is understood that he also is the leader. Organizers always have the authority to set things in their proper places.

But being a leader is a matter of having a good combination of values and abilities that will support the group. And because we are not all born leaders nor were we all made leaders, too few really achieve successes in business. However, leadership is not at the core of entrepreneurship.

It is the will. The will to start with uncertainty and keep believing that it would in the end, turn out well.

Finding the Right Business to Start

Do you want to be a successful entrepreneur? You probably have an excellent idea and you’re thinking over whether it is doable or not, whether it will bring in revenues, and whether it has the potential to expand into a more profitable business venture. Now that you find yourself with the desire to start your own business, there are still a lot of things you have to consider and think about. First you have to ask yourself if you have what it takes to own and maintain a business. You should know that the world of entrepreneurship is not for everyone. Yes, the opportunities for profit and self-fulfillment are great, but so are the risks involved.

Being an entrepreneur can be a life-changing endeavor, thus, you really have to be prepared for anything that may happen. There are some specific character traits that every entrepreneur must possess or develop. These include perseverance, hard work, independence, self confidence, commitment to quality and success, honesty and many more. If you think you really have what it takes to be an entrepreneur then you are ready to proceed to the next step, and that is to find the type of business you want to establish and own.

Finding the right Entrepreneur Opportunity

As you know by now, there are literally thousands of business opportunities available for the budding entrepreneur. With all these choices, what type of business are you going to pursue? There are actually two approaches to finding the right entrepreneur opportunity for you. There’s the traditional approach and the “follow your passion” approach. The traditional approach to finding the right business opportunity involves a systematic and methodical process. It involves careful planning, thorough research of the market, recognizing a need and creating the product or service to fulfill that need.

First, you have to choose the field of business that you are most interested in. Then, you can now embark on researching the ins and outs of that industry and the different businesses that can be found within it. Afterwards, you can do market research to find out if there is an unmet need in the form of products, services, prices, etc. Then you can proceed to analyzing the competition and checking out how their business models work.

You can now start on making your preliminary business plan. Make sure to do market research to see the market potential for your chosen business. Re-evaluate and re-assess your business plan and determine how much capital you are going to need. Then, you can start seeking out investors and lenders who can help you finance your business. The traditional approach to entrepreneur opportunities is obviously labor-intensive and time-consuming, as well as potentially expensive, but careful planning before actually starting the business will also reduce the risk of failure as time goes by.

Another approach in finding the right entrepreneur opportunity is the “follow your passion” philosophy. This approach involves following and doing what you love and the money will start coming in. This can be an excellent way to start your own business but you should understand that many people have also followed and did what they love and still did not succeed well enough. This approach encourages you to find out what type of business you should pursue through self-discovery and observation. Reflect on what you are truly interested in and passionate about and look for ways to make a business out of it. Observe your surroundings to see If there is an unmet need. You can then create a product or service to fulfill that need.

Inspiration is also an important aspect of this approach to identifying an entrepreneur opportunity. Who knows that idea that simply popped into your mind while driving your kids to school may actually be an excellent business idea that can eventually lead to success? Another aspect of this approach is imitation. You can simply find a tried-and-tested business model and copy it in another market. You can also consider getting a franchise. Franchises are already proven business models, and you also get support from the company to help you start out your business.

These two approaches are both effective in helping you find out what entrepreneur opportunity you must pursue. Although these approaches are not failure-proof, they can really help you increase your chances of success in the highly-competitive world of business.

Online Entrepreneurial Attack: Vital Traits to Possess

They say doing, owning, and handling business is all about passion. It is for the reason that the said passion is the one that drives a person to drive upward the road to success. Most business instructional books will also tell you about the same thing—that is, passion in doing business. Apart from this passion or drive, there are likewise certain traits that need to be possessed by every budding entrepreneur. These traits define one’s future in the industry and whether or not he will likely pursue the materialization of such goals and objectives related to the business he is up to venture into.

If there is anyone who thinks that getting into any form of business venture is simply a slice of cake must think again. Of course it is in no way an easy task. Entrepreneurs know this for a fact. Entrepreneurs also basically know that getting into the business world requires severe time and effort coupled with hard work so as to reap their desired fruits. But then of course, all of these efforts exerted will bring the most advantageous results. Who knows, in such a short span of time the business will already be on a pedestal that everyone will be patronizing and looking up to? This is not very far from possible.

When you are motivated, you get inspired. This motivation will drive you towards the exertion of the needed effort for the success of the business. Entrepreneurs today are increasing. More so, one of the greatest hypes there are today in line with business is the home-based online entrepreneurial. There are lots of advantages involved in a home-based online entrepreneurial. For one, you need not prepare yourself for work. Who cares about how you look when you are doing an online business? Secondly, you need not battle with the day-to-day traffic as you go off to work. So who would not opt for an online entrepreneurial at all?

Some people would tend to discourage you that this kind of stuff does not work at all. But if your passion is really into the online business, then go for it. Let the force be with you and let that passion burn in you. Whether a lot of people lack the belief with regards to the success of the online entrepreneurial, all that matters is you give it a try to know about its result.

Desirable Traits that Make Up a Home-Based Online Entrepreneur Successful

Any entrepreneur should have a strong self-confidence and belief in himself and in all of the things that he engages into. It is important that he believes in his own capacity to handle things. He should not also be gullible or taken aback by comments and opinions of other people. At times it is important that one sets certain mindsets in his so that it will become close to reality. One’s capacity to handle judgment and create decisions proves to be the best assets one can have.

Entrepreneurs although they are handling online business must be flexible when it comes to the aspect of time. There must be a dose of effort and time spent by an entrepreneur so as the growth of the business will be secured. It is a known fact that most of the times personal affairs get affected by the business tendered to by entrepreneurs. There are even times when the greatest trials come upon people. Some succeed while others do not. Therefore, there is a need balance things. Time management is indeed very important in this matter.

Do not simply work your business up for the profit. It is not all about money. Handling a business is more of enjoying what you do just like a hobby. You will less likely recognize stress and pressure when you enjoy what you are doing. Online entrepreneurial can be very easy if only you know the ropes of the trade.

Do not be afraid to face failures. You will never recognize success if without the presence of failure in any form. In line with business, most entrepreneurs fail first before they finally meet success along the way.

Make an online entrepreneurial one offshoot of your dreams. It is only in trying that you will get your desired results. Get that attitude!