Entrepreneurs & Entrepreneurship Articles For Entrepreneurs & Small Business Owners5 Things about Best Practices that Every Entrepreneur Should KnowYour business idea and even your business model are only part of what it takes to get a company off the ground. Many a great idea has failed to take off, or the business build around that idea failed, because an entrepreneur didn’t develop the best practices that build efficiency and help a company to [...] Books With Great Entrepreneurship StoriesEntrepreneurship is not always about starting or operating a business. Bill Murphy Jr., in his Inc.com article, says it is about executing a unique solution to a problem. The author singles out books with characters that exemplify this quality to pursue opportunities in problem solving. One such book is The Aeneid, Virgil’s epic. The story [...] How to Balance Entrepreneurship and ParenthoodInc.com shares with its readers the advice of successful young entrepreneurs on how to handle growing children and a growing business. Erin Blaskie says you have to be flexible despite having a schedule for small crises, especially with children, that may crop up. Aron Schoenfeld says you should know your priorities. A supportive family means [...] What Entrepreneurs Can Learn From Olympic AthletesKelli Matthews at Bplans.com compares athletes to small business owners or entrepreneurs. She said, “An athlete is their own product and their business is to be the best in the world.” What then, can entrepreneurs learn from Olympic athletes? She discusses three lessons: set new goals, strategize, and be flexible. Set up your goals. Go [...] 10 Tips on Becoming a Successful EntrepreneurWe often equate entrepreneurial success with innovative thinking and breakthrough ideas. Yes, these factors contribute a lot, but Naveen Jain in his article at Inc.com says there is a lot more you, an entrepreneur, need to be successful. You need to believe in what you are doing. You and your team should be passionate and be [...] What Makes A Good EntrepreneurThe Key Attributes of a Successful Business Entrepreneur It can be a rocky and arduous road to success but very little compares to the feeling of being a successful entrepreneur and watching new business ventures take off. There are a number of characteristics that are commonplace within the best entrepreneurs and business owners, regardless of [...] Small Business Bankruptcies Are DecliningA new Equifax’s Small Business Bankruptcy Report reveal that small business bankruptcies are down the second quarter of 2012 by 17% more compared to the first quarter. This is the fourth quarter in a row that showed decreasing small business bankruptcies. Equifax’s chief economist, Amy Crews Cutts told Courtney Rubin of the American Express Open [...] 3 Big Mistakes Made By EntrepreneursVictor Green, a successful entrepreneur who has founded several successful businesses, names some mistakes made by entrepreneurs that cause the failure of their businesses. In an Inc.com article, he says one of the biggest mistakes of business owners is their failure to test their product or service in the actual marketplace. Green says, “And once [...] Complainers are Destroying your Brain!We all know someone that complains just way too much, it could be a professional colleague or an old friend. Those same people become famous for that nasty habit that everyone hates, constantly complaining about everything. However you now have a great excuse to not listen to them, the excuse is that they are making [...] Fundraising Tips for EntrepreneursYoungEntrepreneur.com featured an article by Irving Fain on lessons he learned on raising funds for his start-up, CrowdTwist. Fain says you have to develop a relationship with people you want to work with. Begin building relationships well before you ask them to join you in your business venture. Raise funds only when you are ready. [...] Starting a Business Cheat SheetSmall businesses have grown since the recession. In the past few years, the nation has seen the highest number of new startups. We also have a historic number of small business failures. Would-be entrepreneurs could very well use cheat sheets to steer them through their business ventures. A business cheat sheet is a business-planning checklist [...] Small Business Owners Talk about Tax Policies and the EconomyIn an article that appeared at Forbes.com, small business owners with businesses that netted $250,000 and below last year were interviewed to get their views on the economy and tax policies. Chad Archibeck of CWA Enterprises and Edward Sullivan G2Link LLC whose businesses are product-oriented say their companies are doing well. Rajendra Hariprashad of Ace [...] Franchising Seen to Grow this YearThings are looking up for the franchising business. The International Franchise Association has projected a growth of 1.7% in the number of franchise establishments this 2012. This will be the first increase since the economic recession in 2008. Scott Nishimura in his Star-Telegram.com article featured three couples who found their respective niches in buying franchises. [...] An Entrepreneur’s Guide to Get Family SupportIn an article that appeared at YoungEntrepreneur.com, Adam Toren enumerated ten ways to win over the support of your family should you try your hand at entrepreneurship. He notes that most families find going into business a riskier endeavor than being an employee and receive regular paychecks. Explain to them your plans by showing them [...] Winning Strategies for Immigrant EntrepreneursSarah Wayland, project manager of Winning Strategies for Immigrant Entrepreneurs, shared with The Globe and Mail her studies on the experiences of entrepreneurs who immigrated to Canada. She found them hungrier to succeed and more hard working. Despite their disadvantages as to language and culture, their willingness to succeed and business acumen have served them [...] Entrepreneurship and Sourcing Business IdeasWhen it comes to creating a business venture, any future success is bound to have its origins in the initial concept. So long as the core business idea is well conceived and suited to the contemporary consumer market, it will be afforded every possible chance of long term success. The issue that faces most novice [...] Making The Leap To Entrepreneurship – Start Your Own BusinessThere are many people who dream of owning their own business. Some even leave their jobs to be entrepreneurs. Karen E. Klein in her article at Businessweek.com explains the entrepreneur’s mindset as “entrepreneurs embrace risk and view it as opportunity”. If you are have this mindset and if you believe this is the life style [...] When to Quit your Job to Become an EntrepreneurKaren Klein at Businessweek.com compiled answers on a question from a reader who wants to know when the right time is to quit one’s job. The reader wants to open his or her own business. Various experts on entrepreneurship have different ideas. A business coach from New York advises to “wait until their new venture [...] Basic Sales Principles for Entrepreneurs / Business OwnersGarry Duncan, in an article that appeared at Businessjournals.com, enumerated a few key principles for sales people. Among the roles of a business owner is being the company’s top sales person – the rainmaker. It is not enough that you, as an entrepreneur, know everything about your products or services. You should be able to [...] Key Pointers to Starting a New BusinessMaria Contreras-Sweet, a former corporate executive and one-time government official, started Promerica Bank, the first Hispanic-owned bank, in Los Angeles in 35 years. In an IBM webcast during Global Entrepreneurship Week in November, she gave the audience pointers on how to start a successful business. She advised future entrepreneurs to do research first before quitting [...] |
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