Entrepreneurialism Information


Why Many Business Owners Don’t Want Their Kids to Inherit the Company


Being a business owner is considered an “American Dream” by many, yet when it comes to succession planning, a recent survey reveals that not everyone feels the same way about passing the torch onto their children.

Women Business Owners are Optimistic and Confident


Women and men who own small and mid-sized businesses are typically more aligned than they are different in their viewpoints about the economy. Now – more than ever – this is especially true as it relates to their optimism about running their businesses, according to PNC’s latest Economic Outlook Survey.

Tips to Help You Start a Business in the New Year


Millions of new businesses are formed nationwide each year and women of color are leading the charge. The Wells Fargo Impact of Women-Owned Businesses Report found that Black women are one of the fastest-growing groups of entrepreneurs in the United States, representing 14.8% of all women-owned businesses, and Hispanic/Latina women represent 14.3% of all women-owned businesses.

A Business of Your Own Using Other People's Money Exclusively


If you are not in a closet, you know that the crazy world of real estate can provide returns considerably above those offered by any bank or mutual fund. 15-2,500 % returns are available. WE are not talking about the unethical and immoral MLM crap but instead, a rather simple way to buy or start your own business “risk free”.

Why Become an Entrepreneur?


There are three basic reasons to consider becoming an entrepreneur:

Freelancers and Taxes: An LLC's Perspective


When I was laid off from my last “secure” paying job I mentioned to my wife that I wanted to go into business for myself. With two small children at home, a mortgage to pay, and enough other expenses hanging over our heads, this option seemed somewhat crazy.

NO Grants for Profit Seeking Start-up Businesses [Only for Non Profits]


Do not pay for any help to obtain a grant to start a small business. Grants do not exist for small businesses UNLESS the small business owner wants it to be a non-profit and are willing to be audited and give that money to others.

Presenting a New Technology to a Venture Capitalist


When presenting a Business Plan for a new Startup Technology Company to a Venture Capitalist you need to understand that they are looking for a one to three year kill. In other words they wish to fund a company that can be sold for 10 times or more their investment in three years.

Presenting Your Business Plan to an Angel Investor


When presenting your business plan to an angel investor you must understand that they will be very interested in your spreadsheets and proformas, but you must also realize that it is typically an entrepreneurial optimistic approach, which causes problems with proformas.

More College Students Getting Involved in Online Entrepreneurship - Students Beware!


College students, and even a number of high school students are thinking about or already running a business online. Student don't have tens of thousands of dollars to do any physical business, so they are taking advantage of the easily accessible internet.

Do you Feel Confident about Buying the Business?


After years of working for other people you decided it is time to take the plunge you feel it is time to purchase your own business. The model you are looking at seems to be perfect, however your gut instinct tells you there is something not quiet right.

How High is Your Credibility Quotient?


As business owners we all strive to increase our sales and profits. Yet often in our quest to get ahead, we can end up sabotaging our own success. We can lose our credibility in any number of ways through negative behavior--the stroke of a pen or key, a loose tongue or bad attitude. We can further damage our credibility due to a lack of credentials.

4 Tips to Grow Cash Flow For Your Small Business


As every small business owner soon learns, growing sources of revenue and cash flow are key to survival, particularly during a venture’s first few years. While this is easier said than done, small businesses can focus on attracting new customers, building partnerships and scaling up sustainably to improve cash flow.

Does Your Business Qualify for the ERC Federal Assistance Program?


The strength of the country relies on its estimated 33.2 million small businesses, which comprise 99.9 percent of all American businesses. COVID threatened, and in some cases forced, the closure of many small enterprises and tens of thousands are still reeling from the aftermath of the full pandemic.

The Greatest Entrepreneurial Secret


The greatest entrepreneurial secret is become a recognized expert in your business world. Whether your a banker, sales professional, contractor, retailer, masseuse, medical professional, or lawyer, being a recognized expert in your field creates an identity you cannot buy

PI - Dress for Success


There are a plethora of books on the market advising how to assemble a power wardrobe to convey the image of success, stability, conservatism and reliability in the business world.

Black Sleuth


Afro American private investigators are not very visible in the sleuthing business, but there are a few who have established themselves and their agencies in the industry providing quality and needed services to their clients.

Where Will You Be In 5 Years?


Whether you are an employee in a manufacturing plant or the CEO of the company, your job may be eliminated at any point with little to no notice. You may even have 20 to 30 years on the job and still find yourself in an unemployment line, benefits running out and having difficulty finding a job due to lack of experience and training in other areas, age related health problems and many other factors that will decide your future employment.

Be an Entrepreneur: Work From Home with ADHD


You have a great idea: making jewelry, children's games, or the best widgets ever, and you want to do it from home.

Don't Spend a Dime on Home Typing Programs Until You Read My Review!


You've seen these ads "Earn $1000 a day typing!"Well these are basically websites that offers a step by step tutorial on how to go about making money typing from home. It is a real simple process of typing a few lines of data and submitting it over the Internet.

Five Steps Of Learning And Retention... How To More Effectively Grow Your Business With New Ideas


Learning - the acquisition of new information or knowledge, and Retention - the ability to capture that information and recall it when wanted or needed, is actually a process that involves five steps:

Dropship on the WWW


There is no doubt that you can dropship on the WWW (world wide web) and make a substantial additional income by selling wholesale items on eBay or through an online website.

Alpacas - What are They Good for?


Alpacas. By now most people have heard of this exotic livestock, but why would anyone want to own them? Here are four answers to "What are they good for?".

License Required


Before you can open for business, you must first get a license. There are several types of license that may be needed before you begin operation. Without the proper permits, you may be operating your business illegally.

That "Four Letter Word" that Entrepreneurs Avoid That Can Make or Break Your Success


I'm in a room of 100 entrepreneurs. It's time to ask the dreaded "four letter word" questions. The questions about how you PLAN for your business.

How You Can Find The Secret To Making Money That You As An Entrepreneur Needs To Know Now


The Secret that the entrepreneur needs to know, is known by every successful entrepreneur. If this secret is not understood, 85% of all new businesses will fail in their first year.


More Resources


Designing a Comprehensive Franchise Company Computer System
One of the most important management tools a franchised company needs is a great computer system. The system must integrate with all the franchised outlets and also be able to interface with the Corporate HQ computer system.
Franchises-Exit Strategy
At an International Franchising Symposium in London, Peter Holt made the bold statement to his audience of Franchisors that they needed to understand that their business would fail, and in fact all businesses are bound for failure. Needless to say, there were a few shocked faces in the crowd.
The Use of Common Stock in Venture Capital Transactions
When raising capital for a business venture, a company can either raise debt capital, equity capital or a combination of the two. Debt capital is money loaned to the company at an agreed interest rate for a fixed time period.
Enterprising Route is to Go Your Own Way
DON'T talk to me about education for entrepreneurs. They're pouring far too much public money into it already - not counting the millions some well-known Scottish entrepreneurs are prepared to waste on it.
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.
Be An Entrepreneurial Artist: Paint A Picture, then Commit It to Canvas
James had an original concept and he needed an investor. He had a compelling business idea that was a sure winner with the right financial backing.
Are You Sure You Want To Start Your Own Business? Part Two of a Series
Why, exactly, do you want to go into business for yourself? Is it because you cannot stand the thought of working for an uptight, demanding, and perfectly dreadful boss?Is it because you cannot bear the thought of going through another downsizing or restructuring, knowing that your job could be on the line?Is it because you want to be your own boss, call your own shots, or see more up side in your earning potential, with the possibility of financial self-sufficiency? These are all good reasons for wanting to go into business. In fact, studies have shown that many entrepreneurs get their start due to some life-altering experience such as losing a job or finally walking away from a dead-end job or a demoralizing work environment.
Business Start Up Tips From Some Hearty Entrepreneurs
When's the last time someone asked you: "What's new?"If you're starting or growing a business, an e-business, or a web site, the answer is: "Everything!" - especially on the inside.Face it, launching a new enterprise - or taking it to the next level - can sometimes feel scary and overwhelming.
Oil Change Guys History; Part III
Studying the history of franchise companies is interesting is watching all the ways they grew and all the partnerships, vendors and mergers along the way. It is a myriad of deals and team building, which makes it all possible.
What is Entrepreneurship?
In discussing entrepreneurship and writing articles on the subject, I have found that it aids understanding when we begin by agreeing on exactly what the word means to us.Entrepreneurship is the process of creating or seizing an opportunity, and pursuing it regardless of the resources currently controlled.
How to Be an Entrepreneur and Keep Your Sanity
Define for yourself what an Entrepreneur is:What makes you think you can start and grow a business?Do you make something that people just have to have?Are you talented in a way that make you stand out from the crowd?What makes you different from Joe Schmoe?Conduct a quick skills assessment and ask yourself what makes you stand out from the rest?What are your ultimate goals? Why are you striking out on your own?
Raising Capital for Your Business - How Long Does it Take?
Most companies vastly underestimate the time commitment necessary to successfully complete a financing. In actuality, a company seeking financing needs to budget between 500 to 1000 work-hours to the capital-raising process, spread out over a 6-9 month time period.
Veteran Entrepreneurs Are Growing In Ranks
When I'm not running my own business, writing articles about business, speaking to groups and organizations about business, or consulting with companies who want my advice about the running of their business, I teach a weekly class on the subject of (care to guess?) starting and running a business.To quote my frequently-mentioned and wise-beyond-her-years teenage daughter, Chelsea, "Dad, you really need to get a life.
About Ending Competition
1. Why should I not compete with others?The very concept of "competition" is fear based.
10 Tips for Would-be Entrepreneurs
Every evening as the sun sets beyond the mangroves that line the shore along the western bank of Lake Myakka, Florida, herds of wild deer and wild black pigs come down to the water's edge to drink and slake their thirst.I have seen them up close and it is a beautiful, peaceful and inspiring sight!Every evening as the sun sets beyond the mangroves that line the shore a horde of hungry alligators wait just below the surface and watch for their prey.
Corporate Espionage in Franchising
Franchising Trade Journals do not do well, because today with all the industry regulations only about 1800 active franchise actually exist in the US. Down sharply over the past five years.
Venture Capital Negotiating Issues
When companies enter into negotiations with venture capital firms, there are several issues which need to be defined and agreed upon. This article describes the key issues.
Work On, Not In Your Business
Are you busy? Everyone's busy! Ask anyone they'll tell you how busy they are. But how many people are accomplishing real results?In your small business, it's easy to get buried in the myriad activities that demand your attention each day.
The Heroic Entrepreneur: Profiting from Your Brilliance
If you look up the definition of hero in Webster's, you'll find a definition something like, 'A person noted for feats of courage or nobility of purpose, especially one who has risked or sacrificed his or her life: soldiers and nurses who were heroes in an unpopular war'. Some heroes in our lives have earned that badge of honor by doing something everyone feels is heroic as defined in the traditional sense, whether it's running into a burning building to rescue a child, pulling an injured woman from a car accident, or fighting the enemy in the time of war.
A Dorm Room With A View
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.

More Entrepreneurialism Information:

Related Articles


How Good Is Your Big Idea
Q: I want to start my own business. I have tons of business ideas that all sound great to me, but my husband is not so sure.
Create Your Entrepreneur Dream Team
I hear it all the time. "What should I do about .
Identifying the Right Venture Capital Firm Partner
Venture capital firms are comprised of individual partners. These partners make investment decisions and typically take a seat on each portfolio company's Board.
Business Development: The Basic Ingredients
Cooking isn't much different than building a business. You have the basic ingredients all laid out on the counter and if you put them together in the right way - you have a nice meal to nourish your heart, body, and soul - and the pocket too.
Creativity & Entrepreneurship: The Secret to Discovering Your Purpose in Life!©
Hello Creative Entrepreneurs!In the second course on Creativity & Entrepreneurship we begin with a guided meditation that I created entitled: Dream Keeper-Gift Giver©. You ask: what in the world does this mean? Well, it's a very profound secret I discovered about myself fifteen years ago.
Reducing the Stress of Being an Entrepreneur
Starting and running your own business can be exciting and rewarding, but it can also be very stressful. For most of our almost 40 year marriage my husband has been an entrepreneur and I have sometimes worked with him.
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 Perfect Little Coffee Shop: Are You Afraid of Failure? Are You Letting that Failure Cripple You
Ah, coffee, the drink of choice when I want to share a special moment with friends, when I want to sit and ponder life or when I want a moment alone. I am an avid coffee drinker.
Be an Entrepreneur
The Department of Labor predicts that the #1 employer in 2010 will be "self." A recent Internet poll of 25-44 year olds revealed that 90% of them hoped to own their own business.
The Deal is in the Details
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.
What Makes a Person an Entrepreneur?
Entrepreneurship is generally characterized by some type of innovation, a significant investment, and a strategy that values expansion. The entrepreneur is often quite different in mindset from a manager, who is generally charged with using existing resources to make an existing business run well.
Evaluating an Opportunity
Business opportunities are often based on broad trends, such as:? demographic, such as the "graying" of America (creating opportunities in health services, for example);? sociological developments, like the "green" movement, with its emphasis on recycling and environmental sensitivity, and;? cultural changes caused by changing economic conditions and technological developments.Opportunities can also frequently be found in current and developing business trends such as:? the globalization of business,? the need for outsourcing created by downsizing, and? the burgeoning service economy.
Methods of Generating New Ideas for Entrepreneurs
Summary: Even with a wide variety of sources available, coming up with an idea as the basis for a new venture can still be a difficult problem. The entrepreneur can use several methods to help generate and test new ideas including focus groups, brainstorming and problem inventory analysis.
Franchise Business and Franchise Businesses
Franchise business is being part of a successfully proven business that has a name or trademark that is well known and profitable. Franchise businesses are strategically tried and marketable with options to expand by offering products and services that appeal to the consumer.
The Power Of Personal Environments
I've got to admit, I'm a big fan of comfort. I like it when things in my world are stable and reliable.
Making the Financial Transition
Making the financial transition from paid employment to earning a living on your own is probably the single biggest challenge facing many would be entrepreneurs. For most, the mere thought of financial insecurity holds them back from even trying.
Increase Profits with No Pain, No Change Approach
Implementing changes, even when they're good for your business, can be tough. As the old adage goes, old habits die hard and it's just as true in business as it is in our personal lives.
Do You Have What it Takes to be a Successful Entrepreneur?
Print off this page, take the quiz and find out if you've got what it takes! See the scale at the bottom to mark yourself.Answer the following questions on a Scale of 1 - 51 - definately not 2 - not likely 3 - sometimes 4 - probably 5 - definitely--------------------------------------------------------------------------------1) Do you have many hobbies (besides TV viewing and playing video games)? ____2) Do you take a leadership role in group settings? _____3) Can you discipline yourself to finish a project, even if it means late nights and low recognition from your peers? ____4) Do you often think of new and innovative ways to do things? _____5) Do you enjoy meeting new people? ____6) Have you had success in the past in planning a project, and carrying it through to it's completion? _____7) Would you consider yourself a positive person? ____8) Even when things go wrong do you try to "learn a lesson" from the experience? ____9) Do you enjoy working alone? ____10) Do you manage your time well? ____11) Do you like to set goals and achieve them? ____12) Do you like to take calculated risks to achieve an objective? ____--------------------------------------------------------------------------------ScoringIf most of your scores are 5's you have a very strong "entrepreneurial streak" and should strive for your goals.
Preparing to Outsource
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.
What Online Millionaires Tell Me They Are Worried About
I just arrived back from the best seminar I have ever attended in the last 10-years.There were more "Underground" millionaires at Yanik Silver's"Underground" seminar than I've ever had access to at one time ever!Upon arrival, we had to sign Non Disclosure Agreements, andfor very good reason.