Navigation: | Home | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | | ||||||||
Entrepreneurialism Information |
Beware the Opposition!
Any time you make changes in your life you are going to be met with opposition from people who would prefer you to stay exactly as you are. Sadly, these people are often the ones that love you the most; your family, friends, partners and even work colleagues. However, in your moments of entrepreneurial seizure, the greatest opposition that you will experience (particularly if you're a seasoned employee) will come from within yourself. What's your great business idea? They say that each one of us has an unwritten book lying within us. It's my belief that each of us also has a great business idea lying in the depths of who we are as well. However, the reality is that very few of us actually dig deep enough to uncover this aspect of self. Of those who do, fewer still are prepared to inject the passion and enthusiasm necessary to bring these ideas to life. Understand your entrepreneurial process. If you hold aspirations of transitioning from paid employment to running your own business, I think it is important to understand the mental and emotional process you go through when you experience moments of entrepreneurial inspiration. When you get a business idea, do you immediately think of all the ways you could make it work or are you someone who automatically sabotages yourself by thinking of all the ways it could fail? Pushing through entrepreneurial sabotage. If you are someone who experiences entrepreneurial sabotage, start to note down your habitual opposing thoughts. Here are some examples of sabotage you may already be familiar with; - if the business idea was that good, why hasn't someone thought of it before? - how can I start a business - I don't have any money? - what will people think of me if the business fails? - I'm too old / young to start a business. - how can I start a business if I don't have a business degree? Once you have an awareness of your own internal resistance you can start to counteract it. You may like to try experimenting with the following self empowering questions: - how can I start this business using none of my own capital? - what partners do I need to attract to make this business a success? - how can I communicate my vision to attract a skilled workforce? - who successfully runs a similar business? - what would I have to do to imitate their success? Leap of faith Establishing any kind of venture requires a 'leap of faith' as there are no certain outcomes in business. When you are starting out spend most of your time focusing on 'why' you want to run your own business rather than the 'how'. The how will follow naturally once you understand the why. There is never a 'perfect time'. If you are waiting for the perfect moment to launch your business you'll be waiting a very long time. The only perfect time to start a business is right now. If you've got a great idea that you are passionate about, don't delay! Immerse yourself into it right now! You don't need any money to start planning and visualising your dream. If you can feel, touch and taste it, all you have to do is get out there and start sharing your vision with as many people as you possibly can. And if you do it effectively and with passion you will attract the right business partners and customers. To quote Goethe, "whatever you can do or dream you can do, begin it. Boldness has genius, power and magic in it. Begin it now!" About the author: Damien Senn is a Life and Business Coach as well as a fully qualified Chartered Accountant. He helps professionals, artists and entrepreneurs create compelling futures. He is the author of the 'Senn-Sational Success Journal' and has developed his own coaching model called the 'Senn-Sational Success System'. For your free life coaching tool '101 things to do before you die', please click the following link: http://www.senn-sational.com/freeresources.htm
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
RELATED ARTICLES
Something From Nothing, With Something To Share Betrayal, it can hit you like a load of bricks falling from the sky, leaving you with a pit in your stomach that no pill can cure.Starting your own business is hard enough, however when your inside people are working against you as well, it can make the toughest of souls weak at the knees. The Reluctant Entrepreneur It seems odd to think of a person opening a shop, knowing that they're not at all interested in selling or in face-to-face interaction with customers. But that's exactly what many Internet business owners have done. Interview with Best-selling Entrepreneurial Authors Barbara Winters and Nick Williams Ray Bradbury's quote, "You've got to jump off cliffs all the time and build your wings on the way down" may sound extreme but, as anyone building a business knows, it has a lot of truth in it.As a newly self-employed journalist / writer and life coach, I found Barbara Winter's book, "Making a Living Without a Job" invaluable so when I got a chance to interview her and Nick Williams in London, I was delighted. Bonsai Marketing Site location analysis of regional service areas and planning for mobile businesses is just as important as choosing a fixed site for any business. The region must be scouted out whether you are simply adding another service unit or deciding to open an entire new marketing area. Innovation incubator: Build it and keep it running If your company is like the one I work for, your people are talking about the need for innovation. Mine has just announced a new program "that will bring a standardized approach to gathering and evaluating your ideas for generating new revenue and improving our business. Herb Filled Pillows Make Over a Million Dollars Lauren Rosenstadt was a single mom working at a herbcompany in Bethesda, Maryland. A herb (pronounced "erb") isa plant that has medicinal, savory, or aromic qualities. Developing A Contract As a service provider, the most important type of "boundary" you can set as a business owner involves those policies and procedures that govern how you interact with your clients. The more precise you can be about the services you provide, your fee structure, and what you expect from your clients, the smoother your work relationships will be. Answering Why You, Why Now Critical in a Winning Business Plan Business plans continue to be an essential element of the capital-raising process. They must convince investors to take notice - investors that are shrewder today due to the ups-and-downs they have experienced over the past few years. Independent Auto Detail Shop VS Biz Op or Franchise Owning a detail shop can be an exciting and rewarding business indeed. Many times an owner of an independent Detailing Shop will wish to add those items he/she believes their customers want. Before Getting A Franchise Buying into a franchise is a great way to be part of a recognized brand with the benefit of lower advertising outlay. With many franchises to choose, here are some tips before you get involved with franchise:Get The Support of Your Family:The success of your franchise is also the acceptance of your immediate family in supporting your effort. From Employee to Entrepreneur: Taking the Plunge Before you decide whether or not running your own business is right for you, start by pinpointing your area of expertise and assessing your aptitude for business.Starter Questions Ask yourself the following questions:- In what areas do people approach me for advice and assistance? From what parts of my job do I get the most satisfaction?- What do I like doing so much that I would do it even with no pay?- What hobbies or interests could I "spin off"into a small business?- Do I enjoy budgeting and financial planning?- Do I enjoy making cold calls, tele-marketing and selling?- Do I have enough self-discipline to work on my own?- How easy is it for me to bounce back from rejection & setbacks?Proceed with CautionBefore you take the plunge, it's important to "wade in gradually" or you may just find yourself swamped. Business Ideas Richard Branson, billionaire founder of Virgin Records and Virgin Atlantic Airlines, may be better known for his efforts to circle the globe in a hot-air balloon than for his business successes. He suggests that "Being an adventurer and an entrepreneur are similar? You're willing to go where most people won't dare. Starting Your Business: It All Boils Down To Making Money and Saving Money Bootstrapping in the context of business start-ups refers to the use of creative financing approaches such as leveraging personal savings, credit-card debt, loans from friends and family, bartering, and other means to launch a business. Some business founders use bootstrapping because they have no other choice. Opportunity Does Not Knock Q: I'm graduating this year with a degree in business and would like to start my own business rather than get a corporate job. I have a few business ideas, but none of them really gets me excited. The 7 Traits of an Exceptional & Successful Entrepreneur How often have you either referred to or considered the expression, "Success is a journey and not a Destination?" Probably many times, yet often being in a hurry to get there, we forget that success is not an end unto itself, but is instead an ongoing process.Though some people seem to have the Midas touch and easily turn everything to gold, most of us have to give our endeavors lots of time, effort and the sweat of our brow before seeing things come to fruition. A Secret To Extraordinary Accomplishments I sat watching a documentary on U.S. Entrepreneurship: What does it REALLY mean? Introduction:In a world where ideas drive economies, it is no wonder that innovation and entrepreneurship are often seen as inseparable bedfellows. The governments around the world are starting to realize that in order to sustain progress and improve a country's economy, the people have to be encouraged and trained to think out-of-the-box and be constantly developing innovative products and services. Lets Not Forget About The Little Guy Every business has to start somewhere. What truly makes this country great is the freedom of enterprenuership that every one of its citizens have. The Term Sheet's Role in Raising Venture Capital Entrepreneurs and companies who are seeking venture capital often negotiate with one or more venture capital firms on a number of important issues. These issues include the amount of capital to be raised, the investment terms, etc. 5 Habits Of Successful Entrepreneurs Habits get a bum rap. When you think about your habits, I bet you think of the "bad" ones - the ones that you aren't particularly proud of, like eating too much sugar, or smoking, or dwelling on your negative thoughts. |
home | site map | Contact Us |