| |
| |
|
Entrepreneurialism Information |
|
|
|
The Six "F" Words Every Entrepreneur Should Know
Start your own business, and soon enough, you find yourself in a situation where there are many things you want to say, all of them unprintable. It happens to every entrepreneur - a moment of extreme challenge that causes you to wonder why you started the (expletive) business in the first place. I've had my share of those moments since starting our public relations firm in March 2002. But while trading notes with a fellow entrepreneur recently, I started to think about all the moments of extreme challenge I left behind when I decided I no longer wanted to be somebody else's employee. That got me thinking about what really matters to me as an entrepreneur. As I shared my thoughts with my friend, a new list developed - the "F" words I believe every entrepreneur should know. They've done the job for me so far, keeping me rooted, married and talking to my kids while we build a successful business. I hope they have the same effect for you. 1. Faith: I'm not a street corner preacher, but I have a deep and abiding faith that starting my business is what I was meant to do in life. I also have a strong faith that I've been given the tools to do the job - even in a moment of extreme challenge. Without faith in yourself, in your business and in your purpose, how can you succeed as an entrepreneur? 2. Family: My wife and daughters are the most important people in my life. Starting my business has enabled me to put them at the center of my life, where they belong. Oh yes, I work long and hard, but today, it's with a clear purpose. The generations of entrepreneurs who built this country understood this principle. Their businesses often bore the family name, and generations of people who were born, lived and died together managed to build great businesses together. 3. Friends: Fortune 500 companies have boards of directors. Entrepreneurs have friends. When no one else will listen, friends will. When others fail to see the beauty of the product or solution, friends will. And when no one else will talk straight to you about a dumb business move, friends will. And they won't send you a bill. 4. Focus: It's nice to say you're an entrepreneur, that you are your own boss. But do you have the commitment to turn that idea into true success? The ultimate measure is your ability not only to set a goal, but stick with it, despite those moments of extreme challenge. You may have to change course along the way, but like a good sailor, you focus, keeping your business pointed to the right shore. 5. Finances: Let's face it - most of us strike out as entrepreneurs because we believe we can improve our financial situation. I know I have not missed the constraining limits and miniscule salary increases of corporate America. How much do I want to make this year? There is only one answer: How hard am I willing to work? And there is only one reason to ask that question: to make good on my commitment to all the "F" words that rank ahead of money on my list. 6. Freedom: This may be the greatest gift of entrepreneurship. But it is the one that comes only after you can act on all the other "F" words in your entrepreneurial vocabulary. So many entrepreneurs strike out to find success, which they define as freedom from all the things they hated about working for someone else. Unfortunately for these folks, they lack a true entrepreneurial vision - they're merely running away from something. True entrepreneurial freedom comes from a vision that encompasses what's really important to you. Are these the only "F" words an entrepreneur needs to know? Obviously not. But in moments of extreme challenge, remembering these "F" words may help you weather a moment of extreme challenge without resorting to the unprintable variety. And if you're like me, they may also help you remember why you started the business in the first place. Paul Furiga is president of WordWrite Communications LLC, a Pittsburgh-based virtual agency. He is the former editor of the Pittsburgh Business Times, and has also covered Congress, the White House, edited magazines and written for publications ranging from Congressional Quarterly to Frequent Flyer magazine.
MORE RESOURCES:
Entrepreneurialism - Google News |
|
|
|
RELATED ARTICLES
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. Abstract Business Marketing Strategy for the Entrepreneur If you look at those Corporations in franchising today you see the great companies that use these systems to move markets and deliver products and services to America. Franchising is obviously a power play in the marketing strategy game book. Near-death Experience is the Mother of Invention for Two Dallas Electricians To morning commuters, the hulking truck encircled with barricades and traffic cones may be nothing more than a road-clogging nuisance.For Kerem Tepecik and Dale Vith, two men who've made a good living by changing light bulbs forty feet above the pavement, the so-called "bucket truck" is more ominous. Business Planning Overview The successful entrepreneur is generally more inclined, once a business idea is selected, to sharpen the concept by a detailed planning process. The result of this step is a comprehensive business plan, with its major components being the marketing "mix," the strategic plan, operational and logistical structures, and the financial proposal. 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 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. Success Secrets - What I, Mike Litman Learned From This Old Book Yesterday was a beautiful, sunny day in New York and yes, I spent it alone :}.My wife left for lunch with some old friends at 11:30 and a bunch of my friends were busy. 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. How To Start a New Business While it is tempting to just leap into a new business because of it's exciting possibilities, a few key planning points will vastly increase your chances of success. These steps aren't difficult, but they're easy to skip. What Makes An Entrepreneur Tick? It is only natural that when you start a business, you are doing something different than most people. They not only will look at you because you stick out like a sore thumb _ but human nature will cause people to naturally ridicule what you are doing. What Qualities Do Franchisors Need? When I got into business I wanted to build a company, which helped people and provide a product and service that people loved and were willing to pay for; one I would not have to sell or convince anyone of. Something that people truly wanted to extend and enhance their pursuit of happiness. Do You Want to Just Survive or Thrive? (Part 1) You've probably heard this, or maybe you will relate to this personally. Have you ever arrived somewhere and wondered, "How did I get here?" or "Why am I here?"Have you ever wondered if you've missed the boat (with your family on it)?Life is a battle that must be fought if there is to be a favorable outcome for you, as well as those around you that count the most. How A Woman Became A Successful Bill Collector In A Mans Industry And How You Can Too! I have worked in the credit industry for over 17 years now. When I first started out, I only knew a very few women in the industry. Hearing That Entrepreneurial Voice? Women business owners are our only clients, so naturally we celebrate and support female entrepreneurship. Operating in this market gives us the good fortune to learn about some of the deeper themes in the lives of women business owners. Are You An Entrepreneur? With all the buzz about everybody being an entrepreneur these days wouldn't it be nice if you could really find out if you have what it takes?Sure it would.The following profile was adopted over a period of several years of research from successful entrepreneurs worldwide to assist would-be entrepreneurs determine if they have the traits to undertake a new venture. Entrepreneurial Hate, its out there Today, I got an email from a lady who hates all business people and entrepreneurs, because they are Greedy, Arrogant and a Host of other atrocities. She was replying to an article I wrote about entrepreneurs and how they bring to the civilization; everything you see, everywhere you go and without us, you would have nothing. Why Most CEOs & Entrepreneurs Fail? Times are tough. The economy is in a constant state of upheaval. 5 TIPS for Home-Based Business Entrepreneurs Have you ever heard that only a small part (5%) of 'all' Home-Based Business entrepreneurs achieve success?Do an online research on your favorite Search Engine and you will understand what I mean.In this article I'm going to show you the KEY to Home-Based Business entrepreneurs success; you'll find out what makes an entrepreneur succesful in the home-based business field. Secrets of My Favorite Government Auction I love bargains. And there's no better place to find bargains than an auction. Staying Ahead of the Perils, Excerpt of Entrepreneurial Motivation Speech Running a business is not an easy endeavor, it takes courage, hard work and a strategic mindset. I feel now that I am retired looking back on it all, that it is my duty to provide to new entrepreneurs a few of the secrets of how to get things done.
|
| home | site map |
| © 2006 |
