There has been a rise in the number of entrepreneurs over the past 30 years who dare to be different and strike out with their own brand of business and leadership style. They “do different” and are not afraid to take risks, stick their neck out, and put their heart and soul into a company or idea they truly believe in. Some are mavericks, some are charismatic, but they do … [Read more...]
5 Telling Signs that You Need to Become an Entrepreneur
It took me years to start my journey of becoming an entrepreneur! There were a series of things that occurred that I didn't pay attention to until after I began to really take the idea of becoming an entrepreneur seriously. The reason for that was the same reason why so many others have not started their journeys as well. I wasn't listening. I was too busy complaining, … [Read more...]
Stop. Drop. Innovate. 3 Steps to Entrepreneurial Innovation
Yale University is teaching innovation. The Yale Entrepreneurial Institute launched programs that connect students with opportunities for social entrepreneurship. The discipline of innovation is not new - Adam Smith in his 1776 "The Wealth of Nations" posits the division of labor fuels innovation. What can you do as an entrepreneur to lead the charge and innovate within your … [Read more...]
Trends in Entrepreneurship – The Decline of Self Employment
The U.S. Small Business Administration has released the first report in a series on “trends in entrepreneurship.” The first report is called The Missing Millennial Entrepreneurs. It is an interesting read that is highlighted by the declining self-employment numbers overall. After reading the report, there were two things that stood out to me the most. First, self-employment … [Read more...]
How to Transition into Entrepreneurship
So you want to start a business, but you don't yet have a game plan. Need some solid tips to get you started? You’ve come to the right place. For the purpose of this article, we’ll assume that you are working full-time right now and dreaming of having your own business. You know you have something to offer a client or customer (skills or products). You are not afraid of … [Read more...]
Starting a Business? Here’s What You Need to Know [Infographic]
Globally, the median amount required to start a business is $15,000, but 29% of businesses fail when the owner runs out of money. That’s because 82% of startup funding comes directly from the owners or their families. Only one out of 100 entrepreneurs will ever get venture capital to help make their businesses successful. [Tweet "Only 1 in 100 entrepreneurs will get venture … [Read more...]
10 Signs You Have What It Takes to be an Entrepreneur
There is one thing that is common about brands like The Huffington Post, Sun Media, Biocon, and HTC. They were all started by female entrepreneurs. All successful brands started as a light bulb in someone’s head. What sets apart an idea from a successful company is the person behind it. From Oprah Winfrey to Sara Blakey, entrepreneurs seem to be a different breed. Do you … [Read more...]
3 Steps for Starting Your Own Business
Passion. Creativity. Passion. Marketing Plan. Passion. Support Network. The key ingredient to successfully starting your own business is your passion---your conviction of the viability and merits of the goods and/or services you offer; your total, unwavering commitment to seeing it through; your ability to work whatever hours that are needed and your personal mantra - “I … [Read more...]
The Entrepreneur – Imperfection at Its Best
To err is to be human, as we are all told. How annoying – how presumptuous! Maybe some of us strive NOT to err, as a rule of thumb – maybe some of us are pretty faultless, and therefore our professional and personal lives follow suit. Everything planned and timed to perfection; no excuses….Except no; in fact, that’s actually a fantasy-world. No-one, no business, NONE of us, … [Read more...]
Take Your Business from Dream Phase to Success Phase
So, you woke up one morning and decided you had had enough of the corporate world… Maybe you had a baby or two and you thought, “Hey, why not do my own thing so I can watch them grow up?” A noble thought indeed. Too many parents do not see their kids much as they are working so hard to provide a living for them. Great, well… It is time to begin. But instead of beginning, … [Read more...]