Hard work vs. Long work Long work is what the lawyer who bills 14 hours a day filling in forms does. Hard work is what the insightful litigator does when she synthesizes four disparate ideas and comes up with an argument that wins the case--in less than five minutes. Long work has a storied history. Hard work is frightening. I think it's worth noting that long work often sets the stage for hard work. It seems, though that no matter how much long work you do, you won't produce the benefits of hard work unless you are willing to leap. Break the 5 Barriers to Starting a Business Many cubicle workers hate their jobs and secretly wish to start a business. It’s the Dilbert environment with a overbearing boss watching every move and taking credit for good ideas that feeds the dream of entrepreneurship. If ever there was a better time to start your own business now would be it. Entrepreneurs today have access to a wealth of knowledge, a variety of support sources and reduced startup costs. Break the 5 Barriers to Starting a Business No Money: Having enough money to start a business is claimed by many entrepreneur wannabees to thwarting their dreams. No Time: Working a full-time job, raising a family, and enjoying a weekend out is the common time-filled life when you work in cubeville. No Benefits: Let’s face it, stepping out of the corporate world without benefits can feel like walking a trapeze without a safety net. No Family Support: It’s difficult enough to give up the comforts of the corporate world to start a business.
The Hartford media information for journalists and the press - News Releases - Despite Views On The Economy, Small Business Owners See Themselves As Largely Successful - The Hartford media information for journalists and the press Cite slow economic growth, taxes and uncertainty with federal regulations as risks CEO McGee, speaking at Detroit Economic Club, calls for actions to spur small business growth and encourage hiring HARTFORD, Conn.--(BUSINESS WIRE)-- The Hartford 2012 Small Business Success Study, released today, reveals that one-third (33 percent) of small business owners are optimistic that the national economy will strengthen this year, down from more than half (61 percent) reported in the company’s spring 2012 study. The second annual study found that slow economic growth (67 percent), taxes (59 percent) and uncertainty with federal regulations (56 percent) are viewed as major risks by small business owners. “Small businesses are the foundation of the American economy. Obstacles to Growth Three in four small business owners (77 percent) say it is likely that their taxes will go up. McGee Speaks at Detroit Economic Club Definition of Success: Profits and Passions Small Business Pulse Methodology
How to be Successful Working from Home! By Michele Miller So, youre interested in starting a home business? How can you make it happen? Many people only dream of working from home and dont think its really possible for them to do so. Sometimes its the fear of failure that holds people back. Im here to tell you IT IS possible and you can make money and enjoy working form home, you just have to be willing to try. First of all, you have to have a business idea. Web design, Graphic design, Internet marketing, Secretarial Service, Medical Transcriptionist, Home Parties, (theres lots of these around and you can definitely make good money if you stick with them), Pet Sitting, Errand Runner, Copywriter, Real Estate, Photographer, Caterer, Furniture Maker, Candle Making, Wedding Consultant, Computer Tuition, Music Lessons, Insurance Agent. Theres loads more, but as you can see, it is possible to find something you enjoy that can be a great home business. The trick with any home business is to ease your way into one.
Five Steps To Lasting Business Success By Wanda Loskot Everyone asks these days what does it take to succeed in business and many great articles have already been written on this subject. I can't resist adding my own simple formula for success. It works like a charm, guaranteed! 1. I don't mean *like* - I mean really *love*. Of course it starts with developing the ability to love ourselves. 2. Let's face it - there are some people you don't want to see near you or your business, let alone have a loving relationship with them! Marketing skills are important not only to find a high NUMBER but also to find high QUALITY of buyers. Look for people who share your own values. Effective marketing will allow you to "skim the cream" and leave the whiners, complainers, psychos and other difficult people to your competition! 3. Sounds very basic - doesn't it? Once you have a relationship with people who are >a< pleasure and fun to work with, engage in ongoing communication with them to find out their needs. 4. BTW. 5.
Begin with The End in Mind by Mark Munday In his book, The 7 Habits of Highly Successful People, Stephen Covey captures the essence of Strategic Thinking. It all boils down to being absolutely clear on what business outcome you really want. Covey illustrates the concept with a visualization exercise. Imagine that, at the end of you life, you were able to listen in to what was being said at your funeral. That is a powerful concept and really good personal development advice. It is generally accepted by the experts that the first thing you should do after starting a business, is to plan your exit strategy. Planning your exit strategy means having a clear idea of what you want your business to be when you move on from it. Whatever it is, you need to get clear on what outcome you are looking for. In this way, getting what you want out of your business becomes a self-fulfilling prophecy. Ask yourself the question If this business was a stunning success, what would it look like.
Entrepreneur Creation or extraction of economic value Entrepreneurship is the creation or extraction of economic value.[1][2][3] With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.[4] The process of setting up a business is known as "entrepreneurship". The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. In the field of economics, the term entrepreneur is used for an entity which has the ability to translate inventions or technologies into products and services.[9] In this sense, entrepreneurship describes activities on the part of both established firms and new businesses. Perspectives on entrepreneurship[edit] Elements[edit] History[edit] Methods
What's an Entrepreneur? The Best Answer Ever As an entrepreneur, you surely have an elevator pitch, the pithy 15-second synopsis of what your company does and why, and you can all but repeat it in your sleep. But until recently, I’d never seen a good elevator pitch for entrepreneurship itself—that is, what you do that all entrepreneurs do? Now I've seen it, and it comes from Harvard Business School, of all places. It was conceived 37 years ago by HBS professor Howard Stevenson. Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled. I talked to Stevenson about his classic definition this weekend. By focusing on entrepreneurship as a process, his definition opened the term to all kinds of people. The perception of opportunity in the absence of resources helps explain much of what differentiates entrepreneurial leadership from that of corporate administrators: the emphasis on team rather than hierarchy, fast decisions rather than deliberation, and equity rather than cash compensation.