10/24/2010
Entrepreneurship – What it takes to be an Entrepreneur | 4u-2 Articles
Entrepreneurship – What it takes to be an Entrepreneur
So they had a little business experience? No problem; they could always find a grown-up, like eBay CEO Meg Whitman, to handle the operations. Not surprisingly, many young people came to believe entrepreneurship was a safe career choice. More than a few of their elders, too, underestimated the risks involved in financing start-ups and ended up pouring millions of dollars into doomed ventures.
The economic downturn has shattered those illusions. Now as we sift through the debris of hundreds of failed internet companies, it’s a good time to ask the hard questions that many would-be entrepreneurs â€" and those who bankrolled them â€" overlooked in the heady days of the boom: what really makes an entrepreneur? What characteristics set successful entrepreneur apart, enabling them to venture against all odds and keep them alive even in the worst or times? Do you have those characteristics, and if you don’t, can you develop them?
The truth is, real entrepreneurship is a far cry from managing an established business and farther still from the sanitized model that became popular during the late 1990s. the research says there are intriguing similarities in the way that successful entrepreneurs behave, similarities that hold true no matter the country or industry involved. Winning entrepreneurs feel comfortable striking the boundaries of property. They are passionate enough about their idea to assume enormous personal risks â€" powerful enemies, bankruptcy, even jail â€" to realize their dreams. However grand their vision they are ready to start small and patiently scrabble in the mud for any idea they can swing. Profoundly opportunistic, they will do what ever it takes to win the confidence of their customers and investors, knowing that simply staying in the business is the only thing that matters.
Drypen provides action-oriented intelligence for management professionals that’s smart, useful, crisp and just a click away
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Tags: Entrepreneur, Entrepreneurship, Takes
Internet Marketing, Entrepreneurship, and Persistence | Blog.C89.Net - Business
Internet Marketing, Entrepreneurship, and Persistence
Why do some people succeed while others don’t? Intelligence, resources, strengths. But one of the most vital is possibly persistence.
When I first began working online I saw that while there were thousands of people looking for ways to earn money online, only a percentage of them became successful, and a handful became extremely successful.
While you still hear the occasional story of the cyber-rapid progression from rags to riches, these stories become fewer and further between. There is more competition online than there was a few years ago (although, once you know what you’re doing, there actually isn’t much real competition). And it isn’t possible to short-cut or cheat oneself into momentary wealth, as once may have been.
I decided that the key difference between the successful and the not-so-successful must be, primarily, persistence.
There are many other qualities. The ability to focus, to pick out key data, to value importances, to study and apply, to learn from one’s mistakes, to finish what you start … and probably a lot more I could list out.
But this factor, persistence, must rank high among the make-break qualities of a successful Internet Marketer (or a Successful-Internet-Marketer-To-Be).
A “positive attitude” helps. Deciding one is going to do something and that no barriers are going to stop one. Deciding that one will study and work, to get past any barriers. Deciding that success is possible.
But, even if you don’t have a positive attitude – persistence might get you there anyway!
If you have ever seen a hungry man open a can of food with a broken can opener, you might get the picture of what I am talking about.
At about 4:00 a.m. one night in Belgium I had just published my 38th Squidoo Lens for a certain niche I was working on. (Squidoo is a website which enables one to publish individual pages on the subjects of your choosing, and each page is called a “lens.” I was working on creating fifty lenses before a certain date. I had two more articles ready and waiting to be turned into Squidoo Lenses. I had made thirty Squidoo lenses in the previous two weeks.
I said, “That’s it. For the first time in two years, I had had enough of my computer! I just want to go to the beach or something!” (I’m not even a beach person, and there was nothing similar to a beach near Brussels in the autumn). I said, “And I’m not bringing my laptop! I’m just going to sit there. I’ve had enough of Squidoo Lenses.”
Then I sighed, got up, and said, “Well, at least I’ll go get a cup of coffee.”
So I got up, made my coffee, sat down again, and grumpily started making my next Squidoo Lens.
Well, I don’t know if one would say I had such a “positive attitude” that evening. Or, at least not a cheerful one. I had already started dreaming about SERPS (Search Engine Results Pages).
In fact, I got a pretty funny look from my husband when he told me the best way to make coffee without a filter, and I said “make a Squidoo Lens about it honey.”
Well, Squidoo is tons of fun. But after 30 lenses in two weeks on technical subjects, I think we can all agree … even the most fun stuff can get un-fun.
This article is not really about Squidoo, it is just the example I happened to use.
The point is that this is sometimes going to happen in Internet Marketing – or in any endeavor, for that matter.
The “thing you should do right now” might not always be the “thing you feel like doing right now.”
And once one gets rolling on one project, it’s easy to drop it in the middle to go chasing after a new “more fun” project. (You might not label it that way, but lets face the facts! It might not even really be “more fun and interesting,” but just “new”!)
Well, that first project might have been on the brink of creating some serious income, before you balked at the less exciting work that you would have had to do next. Or the bigger tasks that had to be completed.
So it’s not just a matter of generally persisting in a specific endeavor such as Internet Marketing.
There is also persistence in carrying a given project through to a “done,” once you have started it.
If you really need a break from what you are doing, then go ahead. As long as its proportional. A few minutes spent watching the Muppets on YouTube can be therapeutic. So can a walk around the block!
Or if your current task becomes just too mundane, work on something else for a little bit. But something valuable.
Just make sure you return to your original task and complete it. You will feel better and you will also get more done.
Anna Williams is a webmaster, blogger, photographer, poet, and entrepreneur. For more information, resources, and advice on entrepreneurship, Internet Marketing, or earning money online, please visit Anna’s blog, Building from Nothing.
Article from articlesbase.com
Entrepreneurship – Determining the Best Business Opportunities | Best Business
What To Consider When You Start Your Own Internet Business
about 3 days ago - No comments
Thinking about setting up your own business may seem farfetched if you do not have the business knowledge or experience regarding businesses in general. Climbing the corporate ladder is no easy task, but everyone knows how beneficial it is when you finally reach the top. Still, you need to exert a lot of hard work on a daily basis if you want the business to survive. Fortunately, there is an easier path to setting up your business if you take the online route. It is not as difficult if you want to start your own Internet business immediately and you do not have to invest much money either if you look in the right places.
Think About Your Passion:
Your success as you start your own Internet business will vary depending on what your Internet business will be all about. It should revolve around something that you are passionate about so you will have the motivation to continue working on your Internet business. Continuous motivation is very important if you want your Internet business to be profitable in the long run.
One you have a vision on what you wish to do, scour for affiliate programs that are related to your vision if you cannot provide your own products and services. Companies look for Internet marketers to help promote their products and services. Their affiliate program is a way of rewarding Internet marketers that successfully do the tasks by giving them a certain percentage of each sale. The company can find out who gets the credit by issuing a unique link called an affiliate link. This is the link that you must use to promote the company. Aspiring Internet marketers begin by building a website around that referral link so they can do their own custom advertising that links to the company.
Learn the Way of Internet Marketing:
Do not be alarmed if you do not have any experience in Internet marketing because affiliate companies want you to be successful since they benefit as well. They will often give all the materials and resources that you need to get started. These resources may include basic Internet marketing tutorials, free templates, banner advertisements, and other graphics. These tutorials should be reviewed first since they often work with other affiliate marketers. Once you mastered these tutorials, you can increase your chances of success by looking at other Internet marketing tutorials. There are tons of ways to market your affiliate and it is good to find a marketing method that you are comfortable with. Practicing multiple marketing techniques is also good to attract a wider audience.
Set Aside some Time to Start your own Internet Business:
Making your Internet business thrive does not rely on pure skill. In fact, many of the marketing techniques are not very difficult. Do not expect the income to pop up immediately just because you mastered these techniques because your success depends on the number of sales you get. Set a schedule where you can dedicate some time in growing your business and you will eventually reach a stage where your site will attract constant traffic due to your heavy marketing efforts. Once you realize the success, you can multiple your income by starting another Internet business.
If you want more quality information that will give you leverage in your business and put you ahead competition then visit FAST INCOME SYSTEMS
I’m Vee C a fulltime internet marketer who understands the importance of providing information and tools that will give you leverage on your online business.
Business Solutions – Evaluation of Your Business Performance
about 3 days ago - No comments
I do not need to mention how important it is to monitor and analysis your business periodically. This is the only way of finding out whether your business is growing or not. Analyzing your business trends helps you to know which area you need to improve. It brings into focus the high and low times of your business.
By evaluating your business, By evaluating your business, you can plan on how you will adjust yourself accordingly to counter the high and low times. When you monitor your business progress, during the high times you will be able to store up cash to cushion your business from the challenges that occur during the low season.
you can plan on how you will adjust yourself accordingly to counter the high and low times. When you monitor your business progress, during the high times you will be able to store up cash to cushion your business from the challenges that occur during the low season.
One way of easily evaluating your business is by taking advantage of the technological advancement. Installing modern operating systems can help you to detect business activities that contribute to good or bad business performance. By researching on the internet, you can get computer software that has been proven to help monitor your business activities and results.
Evaluating your business helps you identify which department of your organization needs more attention, hence plough back wisely. It will also assist you to know where you need to add more man power.
In order for the economy to grow, businesses have to flourish. To get a good harvest from your crops you need to know which fertilizers produces best results. And the only way to know is by periodically assessing the growth of your crops. By testing the results of one procedure to another procedure will assist you determine which activities work best for your business.
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Stephen is an Business Organizing Expert . He researches and studies on big and small business strategies . Website: Business Management Solutions for efficient business operations.
Home Business Ideas with Unbelievable Benefits
about 3 days ago - No comments
Have you had enough of your chaotic office environment? Then you probably have to start looking for an alternative way to achieve success in life- the perfect home business idea!
If you are serious about putting up a business of your own within the comfort of your home, you have to start by planning everything first. It is a need for you to have a broad perspective so that you will have an idea on what type of products or service you are going to offer to your consumers. It may sound very simple but all of these home business ideas will have no realization or will only end in failure if you will not plan for it properly and carefully.
Choosing the best home base business idea will also depend on your resources and the amount of capital money that you have on hand. If the starting budget is a problem to you, you can have the option to start with a home business idea that does not require a huge amount of capital to start.
Another thing that you should consider is a realistic assessment of the length of time that you will need to execute your home business idea. The level of supervision that businesses need varies from those that needing close command to those that may not require you to be present all the time.
Apart from money and time factors, identifying your specialty and expertise will also gain you an advantage for your business. You have to make use of everything you have so that the home business ideas you thought about of will not only remain as an idea. If you are good at baking, then why not make it as a profitable activity? If you are a creative person and has enough background knowledge, then website designing can also be an option for you.
Lastly, you have to have the right attitude to make your home business ideas work. Do not expect the first phase to be easy breezy, as it may really demand some real stretching of your patience and perseverance at first. But with the right attitude and rich resources, nothing is unreachable.
The number of home based business ideas that you can choose and benefit from ranges from dozens to thousands. What you have got to do is to be observant of the most common problems that consumers encounter and be keen enough to look for the possible solution for them.
Eearning at home may sound pretty easy, but if ventured on carelessly, all of your efforts may just all end up to waste. Want to know the most helpful and signifcant details for starting earning from home? Check on http://www.casanovabusiness.com
Free Tips on Business Financing
about 3 days ago - No comments
For a business to stand firmly there is need for adequate funding. You must learn the many types of business financing, learn how to keep cash, how to increase sales, how to do market analysis, how to keep proper customer’s records and how to source for capital for a business. You must consider carefully where to source for funds, how much money you needed to start the business and where to site the business entity. I recommend you source for more money than you actually needed so that the surplus can be transferred to emergency fund. The emergency fund will be kept in case of any unforeseen circumstances.
There are various options of raising funds that may be cheaper than bank financing. The nature of the enterprise will determine how much money needed to start the business. You must decide whether the project is for a long term or a short term. This will give you the directions on which type of business financing that suite your business plan. You may decide to lease or purchase equipment, this will depends on the opportunity cost and the duration the equipment will be used for the trade.
When deciding on financing a business that suite you ventures needs, it is significant you submit your business plan to the bank or financier of your business organization. The business plan will give details of the amount needed to run the firm, date of loan repayment, an industry overview, sales analysis, market analysis and customers demand. It includes other sources of revenue to your industry. It also includes the amount you are ready to introduce into the business ventures, whether from your personal savings, friends, relatives or social club members.
Finally, many things are connected with business financing. If you really want to be successful in day to day running of your entity, make sure you keep adequate records of your daily sales transactions, general expenses, bills receivable and bills payable. Ensure to open separate current account or savings account for your business enterprise. There are some free business resources online that can help you manage your firm properly. These will enhance growth and success to your business.
For details on Business Financing, click here Steps To Get A Business Loan
Small Business Finance- A Boost To Your Business Might Be The Turning Point
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Small businesses need a boost from time to time to ensure the its continuous and smooth running. Small business finance is designed to aid the small business people. These loans are offered at competitive interest rates. This way it provides with the business owner with the finances he or she requires while at the same time not burdening him with high repayment rates. Before applying for small business finance it is essential that you carry out research in regards to finance and business.
You need to organize the necessary documents like your business records in place and ready to show them to the lender. You must have a convincing repayment plan in place so that the lender is assured that you are not a risk. The lender should be able to see how your business is able to generate income currently and also in the future.
Small business finance is generally available in either a secured or an unsecured option. For the secured loan, you are required to use an asset like your house or other commercial property as collateral. This acts as a security for the lender should you default. It also has low interest rates and a flexible repayment period of between five to twenty five years. It accommodates individuals with bad credit history because their property allows them to get a loan despite the credit troubles.
The unsecured small business finance are loans that are approved without any collateral provided. The loans in this case are smaller and the repayment period shorter than that of a secured one. The interest rate for the unsecured loan is higher. It is important to understand that small business finance should only be used when you have a short supply of cash. This will help you get by until you are able to get back on your feet again.
Mercy Maranga writes content on Finance and Small Business Management. Visit her site here for more information on Finance and how to effectively Manage your small business. Small Businesses
Small Business Finance- Why You Need A Business Proposal
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Starting a small business is normally characterized by a lot of factors that you will need to consider, especially those related to finance. A small business venture may seem just that, small, but it requires a lot of input when it comes to the finances. It calls for proper planning to be able to come up with the required amount of funds over a given period of time. Do not be fooled, to be successful in your operations you must have enough finances at hand.
To be able to determine how much cash will be needed to start or run the business, you must first determine how much the enterprise is worth. This is best done through writing down a proposal that captures all that the enterprise hopes to do in a given period of time and how it plans to expand its operations. The proposal is the document that you are going to present to potential investors who may just be interested in funding your business.
There are several ways through which you can get the small business finance, but again depending on the level of growth at which the enterprise is. For start up finance, you may consider going for a loan from financial institutions like banks and other lending firms. Once they have a look at the proposal you will present them with, they will be able to determine just how much they can afford to lend you. You also need to clearly demonstrate how you plan to repay the loan.
Other sources of finance for a small enterprise include grants, which are basically offered by the government through small business administration organizations. These are agencies that represent the government in business matters and they handle all issues that pertain to finances. There are qualifications that are required for the grants and all that information is available at the SBA offices.
Peter Gitundu Creates Interesting And Thought Provoking Content on Small Business. For More Information, Read More Of His Articles Here SMALL BUSINESS FINANCE If You Enjoyed This Article, Make Sure You Read My Most Recent Posts Here WHAT DEFINES OUR LIFE
