Category :: Entrepreneurialism Articles |
Author :: Hesh Reinfeld  |
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| Article Title :: Rambling Confessions of a Recovering Entrepreneur |
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| I told my family that I finally accepted that my passion had become an ob- session, and you could even call it an addiction. They all laughed. What had taken me 25 years to accept, they had known for years.
My wife detected my addiction as early as our honeymoon in Paris. All I wanted to do was spend time at the Bourse trading francs on the spot market. She kept on nudging me to see some old picture in the Louvre.For my daughter, it became clear when I demanded that her prom date be an officer in Junior Achievement. I thought it was a good way to ensure that she dated a young man with career aspirations. She saw it differently.It had been six months since I had read a busine (read full article) |
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Category :: Entrepreneurialism Articles |
Author :: Mark Uptain  |
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| Article Title :: The Deal is in the Details |
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| What Startups Need to Get a Business Loan, Part 2In part 1 of this article, entitled "Three C's", we looked at the overview of startup business loan requirements from the lender's perspective. We read how cash, good credit and sufficient collateral form a joint partnership to enable a loan request to bond together into a doable deal. Part 2 will convey the borrower's documentation necessities in a more detailed fashion. Bear in mind that the following points are of a "generally complete scope", and that different types of lenders may have additional, similar, or unique conditions to adhere to.All would-be borrowers of startup business capital need to begin to create and/or g (read full article) |
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Category :: Entrepreneurialism Articles |
Author :: David Handler  |
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| Article Title :: A Dorm Room With A View |
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| As a senior in high school, he paid cash for a BMW with money made by selling newspapers. In 1983, as a college freshman, he sold custom-made PCs and parts out of his dorm room…hiding them behind his roommate’s shower curtain whenever Mom and Dad visited. A year later, with just $1,000 in start-up capital, he dropped out of school to focus fully on his expanding business. It took him just eight years to become the youngest CEO ever of a Fortune 500 company.Today, he is one of the richest people on the planet, with a net worth estimated to be greater than $14 billion. His company employs nearly 60,000 people, and Fortune magazine ranks it as America’s most-admired.Micha (read full article) |
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Category :: Entrepreneurialism Articles |
Author :: Damien Senn  |
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| Article Title :: Isn't it Time You Started to Fly? |
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| I am going to begin this article by sharing a shocking fact...Did you know that if you opened the door on every single budgie cage around the world (and we are talking a lot of cages here...) fewer than 5% of our imprisoned feathered friends would actually embrace the window of opportunity provided and fly away!Hard to believe I know.Most would choose to do exactly what they've always done. Spend a bit of time moping around on the swing, maybe the odd moment glancing into the mirror and the rest of the time keeping a close eye on the rise and fall of the bird seed.I bet you could just imagine the dialogue being squawked around the enclosure as well. Chances are (read full article) |
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Category :: Entrepreneurialism Articles |
Author :: Mari Geasair  |
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| Article Title :: Playing Hookey Can Help! A Surprising Secret To Small Business Success! |
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| Would you like to increase your chances of business success by 350%? The good news is that you can! Before you start working harder or learning the latest business theories so you can work smarter, try something different. You can increase your chances of success by as much as 350% by being more innovative and uncovering dramatically different ways to look at your business and develop your product or service. (***footnote #1) This is good news.Even better news is that one highly effective way to increase your innovation ability is by playing hooky from your normal business activities and learning how to have a Visioning Day.A Visioning Day is a time you set (read full article) |
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Category :: Entrepreneurialism Articles |
Author :: Abel Cheng  |
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| Article Title :: Work vs Play: Which is the Better Way to Make Big Money? |
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| If you want to make big money, you have to play not to work."What do you mean by that?" You ask.I attended a workshop last weekend and the speaker said if you are serious in making big money, you've got to play, not work.He further explained that if you work, you can only make small money. That's what most people end up with. Making small money by working.This point is best illustrated by studying the Chinese character for play. The character has two parts: one consists of the character "King" and the other is "Money".By combining these two parts, it becomes "King of Money." And in turn, "King of Money" forms the word "Play."Hence, play is the "Ki (read full article) |
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Category :: Entrepreneurialism Articles |
Author :: Don Monteith  |
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| Article Title :: For Business SUCCESS... Listen To The Voices of Experience |
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| Discover the pitfalls of owning your own business
BEFORE... [you make a BAD choice!]It's really BIG dollars rather than dimes... at least that's my experience over many years. Thousands can be GONE quickly if you fail to plan and work your plan toward success. That said, the first step - baby size - should be at the 'feet' of one who has been there... done it!!Invincible, right? If anyone can do it, I can!! Looking back over many years - 40 plus - it's written all over the decisions made during my early attempts at starting a new business. Yes, I spent most of my career as an entrepreneur, owning or co-owning a business. Sometimes for the 'right' reasons, at other tim (read full article) |
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Category :: Entrepreneurialism Articles |
Author :: Dave Lavinsky  |
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| Article Title :: Identifying the Right Venture Capital Firm Partner |
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| Venture capital firms are comprised of individual partners. These partners make investment decisions and typically take a seat on each portfolio company’s Board. Partners tend to invest in what they know, so finding a partner that has past work experience in your industry is very helpful. This relevant experience allows them to more fully understand your venture’s value proposition and gives them confidence that they can add value, thus encouraging them to invest.Fortunately, most venture capital firm websites list their partners with great pride. Each partner typically has a bio that includes their educational credentials, business accomplishments and investments that they hav (read full article) |
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Category :: Entrepreneurialism Articles |
Author :: Sherese Johnson  |
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| Article Title :: Preparing to Outsource |
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| It's important to understand when to add individuals to your business model. Adding a new team member should be an easy transition - that’s where organization comes in. Clearly defined processes such as workflow, workspace, filing system, and other key functions in the business should be identified. Structure is one of the most overlooked aspects of business success – especially time management and documentation structures.As the business owner, you have to be disciplined in order to allocate and delegate work to someone else. If you’re not disciplined, focused, and organized - how can you expect for your new team member to function efficiently?Don't forget the (read full article) |
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Category :: Entrepreneurialism Articles |
Author :: Simone Kelly  |
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| Article Title :: The Fear Factor |
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| I recently conducted a lil' survey asking my colleagues what were their biggest fears when thinking about starting a business or running their business. The following are the top three fears that resulted from my survey and some ways to combat them.1. Fear of Failure: But of course… the most obvious. Unfortunately, the reality is that 30-50% of start-ups fail for various reasons...not always because of poor sales. Actually, of every seven businesses that shut their doors, only one actually fails - that is, leaves unpaid obligations (Small Business Administration-sponsored research). Then you have your external factors that are uncontrollable, hence the thousands of 9/11 layoffs. (read full article) |
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