7/16/2010
Learn Entrepreneurship Online
If you are prepared for certain risk-taking are really tired of living under a boss, and I think that all job insecurity face not because there are many other things to do than you might become entrepreneurs Another great because you think like one. Before you start typing your letter to your discharge you should consider going through some courses in entrepreneurship, so you know exactly what to do as one. If you do not have enough time to enroll in a regular course not stress. You can always join a distance-learning courses and lessons on the Internet. In other words, you can learn online entrepreneurship. Not only is this convenient, but it’s also a lot cheaper. Many universities offer accredited online programs for working professionals. Here are some programs that will be of interest to you. If you have an associates degree or a high school diploma, you can choose this course teaches that such things as marketing management, entrepreneurial finance, product development, business law, and so on. If you want you can go for a Bachelor degree in Business Administration or a small business and entrepreneurship. If you work full time you should go for an Associate or Bachelor degree in business administration or entrepreneurship can lessons online. If you already have a diploma, you can define your MBA (Master of Business Administration) online. MBA course teaches you how to analyze your business and the right strategies, how to write business plans, as well as some case studies of companies and their marketing strategies to present. Business Communication is another crucial aspect of business and can be a Masters of Arts in Business Communication to get the best online colleges. Education Online via a virtual campus is different than the time to participate in a comprehensive university, but for the most part it was a good experience. Your class is waiting for you 24 hours a day and you can just connect to the Internet and continue your education if you find useful. Some universities are options where you can video chat with teachers and other students to do the whole thing more personal. If you think you have what it takes to be a successful entrepreneur you should seriously consider one of the above courses to your skills with little formal education to strengthen before you start your business.
A Corporate Perspective on Entrepreneurship | Business44.Com - Business Site
A Corporate Perspective on Entrepreneurship
By admin on Jul 16, 2010 with Comments 0
A Corporate Perspective on Entrepreneurship
Have you ever wondered how those who work within a corporate atmosphere view entrepreneurship?
I sat down with Kim Lariccia who is apart of the senior management team at Progressive Insurance. Kim has practical advice for both budding and seasoned entrepreneurs. This interview was centered on four areas of opportunities for most organizations. These four areas are: leadership, systems, money and business growth. Understanding these four components of an effective enterprise will catapult your business to the next level.
The first section dealt with was leadership. My question to Kim was, “What are the components of a good leader?” Her reply was, “A leader has to be a dynamic thinker.” A competent leader must be able to think on many plateaus; organizational, interpersonal and personal. At the organizational level a leader must think about the creation and articulation of the business’ vision, the culture of the enterprise and the return on human capital. The interpersonal plateau as Kim puts it is “leadership is based on relationship”. The people within your company must trust you, believe in you and in your vision. On a personal level, a leader must build mental and emotional fortitude. Mental fortitude is necessary, because as a leader you must think on many different levels. Emotionally fortitude is required, because ultimately you are responsible for the end result. Therefore your EQ (emotional quotient) must be high for you to have your vision completed through the efforts of your personnel.
The next subject Kim and I talked about was systems. A system is a specific way of doing some thing that brings about a desired result. Entrepreneurs must realize the importance of system development and maintenance if they desire to build an effective organization. Kim indicated that entrepreneurs should use the concept of benchmarking.
Finding the “best practices” of running a business within your specific industry and then mastering those systems is benchmarking. Do you know what your competitors are doing with their processes, policies and procedures? Kim gave a great suggestion for entrepreneurs. Carry an “observation notebook”. You will use this notebook to document the systems you observe within your industry and among your competition. Write down systems, practices, and processes, both good and bad and how they made you feel.
Every experience a customer has at your place of business will affect them on an emotional level. Does this sound familiar, “When I walked into that store no asked me if I needed help. They acted as if they didn’t want my business, so I am going to spend my money where I am appreciated.” The customer’s experience is not logical, it’s emotional. As Kim said, “A great customer experience is what drives success”.
Then naturally, our conversation moved to the topic of money. My question to Kim, “What should entrepreneurs focus on, cash-flow or profitability”. Her reply, “Cash-flow is the reality to stay in business, that is why you need solid backing from the start. Once your cash-flow is consistent, you can position your company to become profitable”. Entrepreneurs must first get the resources they need so their companies can achieve a consistent cash-flow. A resource is not only currency. It’s having a network of trustworthy colleagues that you can bounce ideas off of. It’s also aligning yourself with employees that compliment you abilities. We ended this area with Kim saying, “Don’t panic about the money do your research” This statement transition the interview to our last topic, business growth.
The question that was asked, “How can an entrepreneur grow an organization?” Kim indicated, “It all starts with research, and this is the step most entrepreneurs try to skip”. First, you learn about the opportunity. Is it good, bad or indifferent to you? If it is a good venture, then investigate to find out the type of infrastructure that is needed to capitalize on the opportunity. Finally, do your planning and your forecasting for your new business.
“If possible after the research stage”, Kim said, “pilot your business”. Some call this practice, test marketing. During this process you will find out if your research was accurate. This is also where you will tweak and fine-tune your systems. The piloting stage will give you a glimpse of the capital needed and returns that are possible without a huge upfront investment. Also, while you are piloting your business, make sure you document the best practices for your organization so your future employees can perform their jobs.
At the conclusion for the interview I asked Kim, “What final advice do you have for entrepreneurs?” Her response, “Concern yourself with the ‘what if’s’. What if your company grows twice or four times as fast as you expected? What will you do? What if your business does not grow as fast as you have projected? What will you do?” When entrepreneurs concern themselves with the ‘what if’s’, they will focus on the necessary up front preparation; research, planning and documentation. As a result, they will build and effective organization.
Thank you to Kim Lariccia for your time and needed wisdom. This information will help entrepreneurs on their journey to building an effective organization.
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Digital Media Wire and PassAlong Networks Publish Second Edition of "Project Millennials" Sourcebook
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Digital Media Wire and PassAlong Networks Publish Second Edition of "Project Millennials" Sourcebook
Digital Media Wire, Inc., a leading publisher and events company in the digital media industry, and media distribution developer PassAlong Networks™ have published the second edition of the "Project Millennials" sourcebook, a guidebook that provides practical information, case studies and strategic advice for consumer marketers focused on the Millennial generation.The second edition of the Millennials sourcebook includes revised and expanded versions of previous chapters as well as several new chapters. The book addresses a number of questions important to content owners and consumer marketers in the digital age, including:
How to connect with teens, tweens and college consumers;
How to design products and services that will enhance and empower the lifestyles of and build brand loyalty with Millennials;
How to monetize new viral economies like MySpace, Facebook, Second Life & YouTube;
How are Millennials responding to cause marketing campaigns; and
What new business models are emerging for user-generated content, games and other forms of interactive entertainment?
"Project Millennials represents Digital Media Wire's strong commitment to providing timely information, news and analysis on the most important developments in the growing youth and digital media sectors," said Ned Sherman, CEO & Publisher, Digital Media Wire. "By the year 2010, Millennials, born between 1982 and 2000, will outnumber both Baby Boomers and Gen-Xers and will be the most significant consumer sector for the media & entertainment industries. We are providing consumer marketers with important information about how to understand and reach this generation."
The first edition of the book was released in 2007 as part of The Millennials NYC, a B2B conference produced by Digital Media Wire focused on programming and marketing to Millennials. Contributors to the sourcebook include Ned Sherman, CEO & Publisher, Digital Media Wire; Dave Jaworski, CEO, Passalong Networks; Pete Markiewicz, Co-founder, Indiespace/Co-author, Millennials and the Pop Culture; Kelli Richards, President, The All Access Group; Ben Bajarin, Digital Media Analyst, Creative Strategies; Tim Bajarin, President, Creative Strategies; Daniel Coates, Co-founder SurveyU; Skip Franklin, Senior Vice President of Sales & Business Development, PassAlong Networks; Scott Goldberg, Director of Business Development & Senior Writer, Digital Media Wire; Joakim "Jay" Baage, VP of Content & Senior Writer, Digital Media Wire.
The publication of the second edition of the sourcebook coincides with Digital Media Wire's Millennials conference at Canada Music Week 2008. For more details, visit:
www.millennialsconference.com/canada and www.dmwmedia.com.
About Digital Media Wire, Inc.
Digital Media Wire, Inc. launched in early 2000 with a simple yet compelling proposition to provide busy executives with a daily briefing of the most important news stories about the business of digital media. On July 20, 2000, they published the first issue of Digital Media Wire Daily - their daily email newsletter dedicated to objective coverage of news stories about the convergence of media, entertainment and technology. Today, they are a full scale media company that owns and produces seven major conferences, publishes six daily newsletters and three directories, and operates the popular www.dmwmedia.com news and community portal.
About PassAlong Networks
PassAlong Networks works to empower artists and fans by enhancing the Connected Consumer™ ecosystem. PassAlong's suite of services includes StoreBlocks™, OnTour®, freedomMP3™ and subsidiary Speakerheart™, with current initiatives ranging from advertising premium incentive programs, ad-supported revenue models, variable-pricing programs, in-car music downloads, mobile devices, media place-shifting and device-shifting, digital video libraries and social networks. Founded in 2002, PassAlong Networks is privately held and based in Franklin, Tenn. For more information, visit http://www.passalongnetworks.com.
PR Contact:
Ellen Gildersleeve
ellen(at)digitalmediawire.com
Tel. 310.855.0033
Author Information
Ned Sherman
Digital Media Wire
Posted on Friday, July 16th, 2010
MediaPost Publications Facebook, Twitter, Email, Fox News, And Millennials 07/16/2010
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Entrepreneurs Teaching Entrepreneurship | Doug Richard's School for Startups
Friday 16th July 2010, 10:47am
Entrepreneurs Teaching Entrepreneurship
Nancy Fulton Mazur, Editor of School for Startups
Doug’s habit of hiring entrepreneurs to teach entrepreneurship often to leads to a bit of extra-curricular excitement here at School for Startups.
- A film I made last year was just made an official selection by the Action on Film festival happening in Pasadena California this month. Next week I find out if I made an award winning political film.
- Triona is currently a finalist in ‘The Challenge 2010’, a competition run by Australian Business & Qantas. She’s a member of Team Two, competing against two other teams to produce the most outstanding networking event for young professionals here in London. It’s going to be a pretty spectacular event with food, drink and great company. If you happen to be in London, and you’re looking for a great event to hang out at, we obviously recommend this one thefutureleadersfete.wordpress.com. You can buy your ticket’s here http://www.australianbusiness.co.uk/eventdetail.aspx?eid=28.
- Mark Boyd, who has just this weekend graduated from Robert Gordon University in Aberdeen, is receiving a first class honours degree in Marketing. While at university, Mark mastered affiliate marketing, search engine optimisation, pay per click marketing and social media optimisation and managed affiliate marketing campaigns for the likes of Sky, LoveFilm, Betfair, Amazon UK and Hotels.com. He was recently added to the affiliate marketing experts at AffiliateDoctors.com.
- Alex Webb, who has been coaching in the UK and internationally for more than a decade, is about to run a 1 week summer netball camp for 10 – 14 year olds in Bermuda in concert with two UK coaches and with the help of 5 Bermuda coaches. You can learn more about her on www.springcoaching.co.uk.
- Vanessa Knight, until recently, worked as a sole proprietor building commercial websites for artists and designers, and also owned an incorporated company, called 100% Creative, which sold graduate art and design works online. She recently took part in the City’s Top Model Entrepreneur competition.
All that’s in addition to working full time for School for Startups. We routinely work 50 to 60 hours a week which is something we share with most of you.
In founding School for Startups, Doug has consciously chosen to hire effective entrepreneurs to support his entrepreneurs. I think this is due to his core belief that entrepreneurship is a skill that can be taught and must be learned. I’ve certainly heard him say that what is wrong with most government and academic programs that purport to teach entrepreneurship is that they are led by people who’ve never, ever, started and run a successful self-sustaining business.
I suppose it is obvious that you can’t teach what you don’t know.
In working with School for Startups, I see that each of us brings a great deal of first person experience to the table . . .
- The wide range of businesses we’ve run
- Our understanding of the challenges entrepreneurs face
- All the solutions we’ve individually come up with to meet those challenges
- The business relationships and networks we’ve created
. . . all feed into the work we do for Doug’s social enterprise each month.
It is why we have such a broad range of things ongoing at any given time.
- Live events, like the upcoming MADE in 48 HOURS hands-on course in Sheffield,
- Online training delivered all the time through S4Stv.
- Articles and entrepreneurs guides released four to six times a week
- Books to support our classes
- Initiatives to expand our support like the upcoming Mentor group
- New charity, social enterprise and competition activities we undertake to help the communities we work in
It is our wide range of skills and resources, and our desire to help new businesses get off the ground, that lets all those things happen each and every month. It’s why our events routinely receive at 95%+ satisfaction rating on every occasion. We know how to help the entrepreneurs we’ve chosen to serve . . .
Our diversity really is our strength.
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Rotary Youth Social Entrepreneurship Challenge 2010 : SGEntrepreneurs
Rotary Youth Social Entrepreneurship Challenge 2010
July 16, 2010 by SGEntrepreneurs
Filed under Featured, Social Entrepreneurship
We are in the midst of challenging times. The recent financial crisis was the last straw in demonstrating the inherent dangers of a ruthlessly profit-making business. Can we do well and do good? Will you take the lead and realise your vision of a better world?
If you would like to fuse business and social change, the Rotary Youth Social Entrepreneurship Challenge (RYSEC) is your chance to start making an impact.
Ecosystem for building !and sustaining entrepreneurship ! | Entrepreneurs Anonymous
Ecosystem for building and sustaining entrepreneurship
Everyone’s yalking (it was a typo, but chose to retain it, as I felt it sounds more appropriate in the context) about the Eco System that is necessary for Entrepreneurship to thrive. I thought lets look up what are the popular things that people are talking about.
I. 5 things that make up for a healthy Ecosystem for Entrepreneurs according to Tom Chapman, director of innovation and entrepreneurship for the Greater Omaha Chamber of Commerce, says;
1. human capital
2. financial capital
3. metrics / deal flow (This is about cash-ability of Investors, )
4. community
5. infrastructure.
II. According one other study in Europe, 5 factors are1. Entrepreneurs. Talented people with bright ideas, motivated to take the risk to develop them, are probably the most important ingredient to success.
2. Venture capitalists. Provide growth capital, market discipline, and help recruiting management.
3. Big companies. An important source of skilled entrepreneurs, and the nucleus of ecosystems of innovation involving small companies and university labs.
4. Universities. Provide training for business and entrepreneurial skills. Also an important source of technology entrepreneurs.
5. Media and opinion leaders. Influence the way people think about entrepreneurship and risk.
III. Nathaniel Whittemore is the founder of Assetmap. Previously he was the founding director of the Northwestern University Center for Global Engagement. Says;
1. Social Density. Talented (Potential) Teammates. Inspiring Peers. Experienced Mentors. Enough people outside your field who don’t give a crap to keep you honest. People are the lifeblood of any startup ecosystem; if you don’t have them, you don’t have anything. Much of the rest of the list is about types of people, and how they find and connect with one another.
2. Great Workspaces. Obviously people can work anywhere, but the difference between a great set of workspace options vs. your house and a crowded Starbucks is huge. So for me, great workspaces means, firstly, great coffee shop density. You need plugs, free wifi, and if possible, some variety of feel. Second, it means (hopefully) coworking spaces or places where there is actual comingling. Finally, it involves room to grow so that it’s easy to graduate to bigger spaces.
3. Events. Events are the physical gatherings where people anchor community through interaction. A startup ecosystem needs a pretty rich array of events – from mixers and lunches to maker faires to conferences to pitch sessions to whatever. In a great startup ecosystem, the members make the events whether they’re professional planners or not.
4. Proximity to money. I debated about putting this one on this list for the reason that if you have a good product or company, you can go out and find money that doesn’t exist locally. But in the end I decided to include it for a few reasons. First, funders are just like any other group. Your social capital and relationships with potential funders create opportunities that cold proposals just don’t have. Physical proximity still matters there. Second, the lure of money attracts more of those peers (and in turn, leaves more experienced mentors), so there is some foundational aspect I think to money. Third, if you’re in a startup, you have to believe deeply in your own success. Having sources of money around, even if you haven’t tapped them yet, makes success feel closer, and that matters.
5. Creative diversity. I think this is more important than it seems. One of the things I love about living in SF – particularly right near Valencia street in the Mission – is that it is where a) a lot of young nonprofit folks are and b) where a good chunk of the artist galleries are. These are creative, driven people, who have nothing to do with technology, but who provide a different lens to see things. At the end of the day, startups are all about thinking outside the box, and it’s quite easy to get focused on the inside-the-box thinking of your industry when that is all you experience.
IV. One more:
1. New entrepreneurs
2. Veteran entrepreneurs
3. Angel investors
4. Venture capitalists
5. Supporting players (lawyers, accountants, marketing, PR, etc.)
What is interesting to note over the above four references from popular sources, only two aspects are common, Human Resource and Availability or proximity of Finance / Investments.
While keeping the above in the Perspective, if we first list down all factors,\;
1. Human Capital – New Entrepreneurs
2. Investors – Angel Investors & Venture Capitalists
3. Large, established Business entities (who can feed into and draw from small start ups and also acquire such firms enabling exits for Investors)
4. Infrastructure – coffee shops, reliable and low cost broadband, etc.
5. Community & Events – Jams, Networks, groups, incubators
6. Academics – Universities, research Institutes, Student base (interns), Mentors, guides, etc
7. Media & Opinion / Thought Leaders – Print & Online media and celebrated successful entrepreneurs
8. Veteran Entrepreneurs / Mentors
9. Support infrastructure – Legal, Governance, Marketing, etc.
10. Creative Diversity
Let’s consider Bangalore, It has all the 10 listed criterion to make Bangalore one of the best suited ecosystems that are sought for world. We may also observe similar things across few of our leading Cities such as NCR, Mumbai, Pune, Hyderabad and Chennai. We may have to further classify to a different degree perhaps but broadly these things exist and are only getting better. Some of them are very obviously favourable to technology Entrepreneurs.
So? Are you an Entrepreneur? What do you think??
Donations help fund internships | News-Leader.com | Springfield News-Leader
-->A new grant program through Drury University's Edward Jones Center for Entrepreneurship and Innovation is helping local companies hire interns and be in compliance with a federal law that requires private employers pay their interns, a Drury news release said.
In May, St. Louis-based financial-service firm Edward Jones donated $15,000 to the center to fund 10 interns at $1,500 each.
So far, six Drury University students and one Missouri State student are benefiting from the grants, as they work for Oxford Healthcare, Southwest Area Manufacturers Association, Urban Districts Alliance, Furniture Gourmet, web developer Classy Llama Studios and Wonders of Wildlife.
