What It’s REALLY Like Being Young Millionaires

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3 Business Plans Every Entrepreneuer Must Have

Business concepts are universal, but execution and sustainability differ based on one’s environment and market. Before embarking on your venture, draft at least three business plans. Starting a business is not for everyone, but great planning initiated through a solid business plan will always bring in the results.

Desctruction and Construction Share Two Sides of the Same Coin When It Comes to Business

Taking apart or destroying to rebuild is not an easy task it is just like accepting change, it is very challenging, can get overwhelming – but, it is imperative for the growth and sustainability of your business and personal life. Within the first few months of US President Barack Obama’s inauguration, he introduced a stimulus package for Americans to deal with the then tough economic situation.

Meticulously Well Calculated Planning With Basic Budgeting Tools Is Essenatial for Business Success

Whatever your business is,- plan. Planning with the right Budgeting Tools for the future is an essential piece to the survival of your business. The importance of planning can never be over-emphasized. Without proper planning realizing your venture or business idea might be tougher than you imagine. Even in the event of winning a lottery, without planning on how you will use your money might be the same as not winning in the first place.

An African Spider Network for Business Success

Business people who create and nurture tight and right business networks know their true value in nurturing growth. The spider is a small arthropod with eight legs and fangs that can inject venom. Not only can these little creatures bite inflicting serious damage, they spin webs made of silk that still baffle scientists for their strength.

Why Does Every Business Consultant Appear to Be So Utterly Incompetent?

Professional Psychologists say that those who don’t get out enough in public begin to assume that everyone else is stupid. They then suggest that the answer to this poor sampling error is to get out in public and mingle and find out that actually everyone isn’t stupid, it’s just that isolation tends to favor this false perception. Well, that’s what the professional academics believe, and yet, when I do go out in public and mingle or attend seminar, academic lectures or go online and watch such things, I am still left so utterly underwhelmed.

Delivering Great Customer Service in a Computer Repair Business

Starting a Computer Repair Business – Delivering Great Customer Service is essential! Otherwise, you are just wasting your time and the business will not be successful. You may have plenty of knowledge about how to repair computers, but if you don’t treat people well, they aren’t going to turn to you.

Entrepreneurialism and Evolution – Our Children Find A Way With Social Media in a Global Economy

I was at a conference today where I was learning all about the wonders of cloud technologies. But that is not what sparked this particular article. The head of admissions was present from one of the top business schools and she shared a very interesting statistic.

The Value of Insourcing

Often it is valuable to insource tasks within your business before you outsource them. As a solo entrepreneur, strongly understanding all aspects of your business requires that you do everything at least once before you delegate.

Excuses Can Be Cured, By Effort

If there is one disease that is surging through universities, and into the workplace, it is procrastination. In our modern world there is always something else that can be done, or another way in which you can distract yourself from what you should be doing to something that you could do. And before you know it, that deadline has been and gone, and you’ve lost the customer.

Free World? Or Just A Change in Indentured Servitude – Why Do We Participate in the Daily Grind?

As I sit and participate in the daily ebb and flow of humanity from the suburbs to the core of the metropolis near where I live, I watch the winding traffic (not moving at all) while I sit on a commuter train packed in like the cattle corporate America would have us believe we are. At what point did we trade the relative freedom of the entrepreneurial age in exchange for the self imposed (or at least indoctrinated) lifestyle that amounts to us slaving away for a faceless corporation that we see through the eyes of…

The Meaning of Entrepreneurial Spirit

What a phrase “Entrepreneurial Spirit” – it conveys so many different thoughts and images… but while there are many interpretations, I perceive entrepreneurial spirit as: The essence of work that one endeavours to provide through their intentions and abilities More plainly, it seems that successful entrepreneurs always possess 2 attributes: 1. They possess the creative ability, mindset and desire to work through obstacles with a beneficial result. 2. They find opportunities where others see problems. All people encounter difficulties in life, many of which are beyond our control. The vocation that individuals decide to embark on is always fraught with challenges, but this is more pronounced with those whom desire to become entrepreneurs. The state of “becoming an entrepreneur” is not easily attained and it takes perseverance and commitment in order to realize the outcome of being successful, whatever form that it takes. The difference between the successful entrepreneur and those whom struggle…

Do I Really Need a Business Plan for My Business?

Most successful businesses have created a business plan at some point, usually before their start-up. Why? A business plan is needed to address all of the central components to starting a business. It is essential to make sure that you, as a new entrepreneur have carefully thought through many if not all, of the important components of your business. Ideally, you need to do this BEFORE starting your business. What is a business plan? Business plans are generally prepared for two reasons: 1. To obtain financing for the business 2. To help determine if essential components of starting a business have been considered. Often times with new entrepreneur’s (and sometimes even with the more experienced!) they overlook certain aspects of starting a business. So the business plan helps to ensure that most, if not all reasonable questions have been answered and strategies thought about. Although business plans are often considered optional – they serve a vital importance to entrepreneurs.

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