Entrepreneurialism Information

Entrepreneurialism Information

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.

The Business Leader as Ultramarathoner


Have you ever heard of an ultramarathon? A standard marathon is just over 26 miles. An ultramarathon is usually on the order of 50 or 100 miles, though there are some that span one thousand! Imagine the endurance required to run such a race.

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.

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.

Motivation and Commitment


Why do people start small businesses? The most frequently cited motivation for business start-ups is to allow the entrepreneur to achieve independence; money is secondary. Is this surprising? The other reasons named most often are that an opportunity presented itself, a person took over the family business, or the person simply wanted to be an entrepreneur.

Selecting a Venture


The basic rule is simple: "Find a market need and fill it!" The process of finding the need, and the method chosen to fill it are where the difficulties arise.Based on our opportunity scan, does the market need a product or service that is not currently being provided? Is there a needed product or service currently being provided in a less than satisfactory way? Is some particular market being underserved due to capacity shortages or location gaps? Can we serve any of these needs with some competitive advantage?Remember that a business idea is not a business opportunity until it is evaluated objectively and judged to be feasible.

The Role of Statistics in Prospect Modeling


Identifying prospects has come a long way since the days of simple list buying. With the hype flying fast and furious, sometimes it's difficult to sort out truth from fiction and to put things in the proper perspective.

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.

The Business and Life You Want to Build


In the early days of my first consulting business, I knew I needed some sort of plan to give me the greatest chance at success. I took many a wrong step, yet in the end I managed to put a solid business together.

An Entrepreneurs Challenge


Living in the twilight zone has its advantages. In the early days of starting my business, I found the limitations of living in a rural area to be restrictive.

Competitive Edge


In his book, The Road Ahead, Bill Gates of Microsoft writes of "friction-free capitalism" made possible by developments in communications, chief among them the Internet and its World Wide Web. In this context, "friction" is everything that keeps markets from functioning as the "perfect competition" of economics textbooks.

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.

Confidence = Preparation + Courage


It always amazes me when I see someone on television holding a press conference - a lawyer outside a courtroom, a businessperson at the launch of a new product. Reporters ask hardball questions.

The History of the Franchise Business - Learning about Business Opportunities by Looking at the Past


Hair care has been around as long as humans have been on the planet. The earliest record of personal hair care dates back 2.

Three Cs - What Startups Need to Get a Business Loan, Part 1


You want to get a good, solid overview of what it takes to acquire that business loan you need, especially if you are a startup. The essential element of what the lenders out there require of you can be wrapped up in the acronym, C.

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MORE RESOURCES:

Venture Capital—Nice if You Can Get It
U.S. News & World Report, DC - 19 hours ago
There's a false conception that venture capital and start-up entrepreneurialism always go hand-in-hand. That's one of the myths Scott Shane of Case Western ...


UK Trade & Investment

Dual boost for renewable energy innovation
UK Trade & Investment, UK - May 15, 2008
Last week, Defra outlined a strategy for creating a low-carbon economy, which called on the "skills, creativity, entrepreneurialism and capacity" of the UK ...
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Limiting Business Risks And Reaching For Success
Gather.com, MA - May 14, 2008
by Nazeer D. Entrepreneurialism in business is the driving force behind success. While everyone may naturally associate entrepreneurialism with business, ...


New master's program prepares students for entrepreneurialism
The Langston University Gazette, Oklahoma - May 7, 2008
Many students preparing to receive their undergraduate degrees are likely interested in making more money. These self-motivated individuals are perhaps ...


Hugh Osmond may move Pearl Assurance outside UK
Times Online, UK - May 11, 2008
Mr Osmond said: “Serial entrepreneurialism is the best wealth-creator you can get. If you are an entrepreneur, you can be anywhere . ...


Business brief
Bucyrus Telegraph Forum,  United States - May 14, 2008
... investment firms can combine with experienced management teams resulting in products and services that are driven by passion and entrepreneurialism. ...


Study shows new businesses are on the rise
Bizjournals.com, NC - Apr 28, 2008
The study showed that immigrants had the highest rate of entrepreneurialism, at 0.46 percent in 2007, up from 0.37 percent in 2006. The rate for native-born ...


Electronic Arts to Pay Overtime...Hell Freezes Over
Kotaku.com, NY - May 12, 2008
(Overtime pay will move game developers) out of a culture that emphasizes entrepreneurialism and ownership and into a clock-watching mentality. ...


Guardian Unlimited

Sense and the City
Guardian Unlimited, UK - May 12, 2008
The City is powered by innovation and entrepreneurialism: vital forces for our economy and our country. But things change; new challenges emerge. ...
Taxpayer will be left footing bill in another Northern Rock-style ... Telegraph.co.uk
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Local High School Students Compete in Junior Achievement of New ...
Earthtimes (press release), UK - May 15, 2008
The competition is designed to engage students in entrepreneurial thinking and cultivate their interest in business entrepreneurialism as a successful path ...

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