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- 2007-11-13 22:16:19 - Entrepreneurs ask: as a novice entrepreneur, how can i feel less overwhelmed?
- Great question! Overwhelm is very common even among the most veteran entrepreneurs, so take solace in the fact that you are not alone. With the ever-increasing numbers of new entrepreneurial endeavors, and therefore new entrepreneurs, there are many who are experiencing the very same feelings as you.So, Tool 1 is to Join or start a business-focused support group. Napoleon Hill...
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- 2007-11-13 22:16:19 - The danger of hate
- As you have shown an interest in starting a business of your own it would be safe to assume that you want to change your life. You want more money - more control over your life - more respect. But just as we each have a dream, we also have a reality.Unfortunately for most people, the reality bears no similarity whatsoever to the dream. In many cases, the dream exists as an escape from the r...
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- 2007-11-13 22:16:19 - Do you have what it takes?
- I think it's fair to say that not everyone is cut out to be a successful business owner, now some of you maybe disputing this statement but hear me out.I'm not saying that if you put a person in the perfect business environment that they won't succeed but how often does the perfect business environment appear?Based on my own study and observations, as well as, the common themes that ...
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- 2007-11-13 22:16:19 - Before the business plan
- Purveyors of conventional wisdom would have you believe that the very first thing you ought to do when setting up a new business is to create a business plan.It doesn't matter whether you are selling odds and ends on eBay from your living room or something larger and more complex,Business plans are excellent and necessary. Far too few of us self-employed and freelance people use them...
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- 2007-11-13 22:16:19 - 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. He says that we need to figure out a way to test my ideas to pick the one that has the best chance of succeeding. I'm ready to just pick one and go for it. What is the best way to determine if a business idea really is as good as it sounds? -- Hannah C.A: Heather, I k...
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- 2007-11-13 22:16:19 - 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, "Da...
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- 2007-11-13 22:16:19 - 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. Should I just put my business plans on hold and get a job until the right opportunity comes along? -- Carlton M.A: Congratulations on the impending degree, Carlton. Never having attended a higher ...
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- 2007-11-13 22:16:19 - Entrepreneurs just get better with age
- Q: I'm thinking about starting a business after I retire next month. I'll be 65. Am I too old to start a business? -- Milton A.A: Milton, congratulations on your pending retirement. I find it admirable that after many years of hard work you are thinking about starting a business. While most men your age would be content to sit on the porch and watch the world go by, you are considering a ri...
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- 2007-11-13 22:16:19 - If it was easy everybody would do it
- Q: I started my business about a year ago and everything is going fine. We're growing and making a profit, but the stress of running the business is really starting to get to me. I spend more time worrying than working. Sometimes the pressure is almost more than I can take. I'm starting to think that I'm not cut out to run my own business. Do you have any advice that might help me decide what to d...
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- 2007-11-13 22:16:19 - Self-esteem and the entrepreneur
- Isn't it funny how people think that being self-employed is so cool? They think that you get to take lots of vacation time and spend all of the profits. What they don't realize is that you put in outrageous amounts of blood, sweat, and tears to get there. They don't know that you have to take the blame for every single thing that goes wrong. They don't know how many times you fell flat on your fac...
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- 2007-11-13 22:16:19 - Securing second and third-round venture capital financing
- Widget sales are booming ? the competition is scrambling, demand is up, and the books are finally treading water. Your core management team has big ideas for the future of Widget Inc. Opportunity is abundant; but how will you fund that next big leap?As your start-up matures, obtaining second- or even third-round funding may allow your business to expand and grow into new opportunities ident...
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- 2007-11-13 22:16:19 - Do you have what it takes to be an entrepreneur?
- Q: I am interested in starting my own business. I have a business degree and lots of experience in my chosen field, but I don't know if I have the necessary skills to really make it on my own. Any advice? Marie C.A: You've hit the nail on the head, Marie, because when you're an entrepreneur it's truly up to you to make it on your own. Sure, you may have investors and advisors and employees ...
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- 2007-11-13 22:16:19 - Achievements outweigh education and experience
- Q: When it comes to succeeding in business, which do you think is more important: education or experience? -- Regina M.A: Regina, have you seen the television show, Fear Factor? If you haven't seen it you've probably heard about it. Fear Factor is the show where they put contestants through all sorts of pseudo-death defying feats like bungee jumping off a bridge over a pool of crocodiles an...
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- 2007-11-13 22:16:19 - 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. I found the perfect service that everyone wanted and where sales were not really needed at all. In addition ...
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- 2007-11-13 22:16:19 - Expand your resourcefullness!
- The success and failure for the entrepreneur is largely dictated by the ability to gain access to resources, both personal as well as those of others.So the big question is then 'how does one become more resourceful?' Like many of the skills of the entrepreneur, resourcefulness requires constant cultivation. However, if you can develop this one skill the payoff will greatly exceed the cost!...
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- 2007-11-13 22:16:19 - Cut to the quick - what is an entrepreneur? the inside story
- Enjoying the title of entrepreneur is a hollow feeling.If you have ever been out of work and joined a multi level marketing outfit, or joined the ranks of "commission only" sales reps you are considered to be an entrepreneur.I call it hollow, because the word resonates within us on some fundamental level. Images of independance and success beckon to us as we discard the shackles of a...
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- 2007-11-13 22:16:19 - 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. Why? Over-regulation. Now you have a Bank Cooperative, which owns a company that collect data, FranData of Uniform Franchise Offering Circulars, which are the industries required disclosure documents to new fran...
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- 2007-11-13 22:16:19 - Which niche to conquer?
- I'm sure that you've heard about how many start up companies fail when they first begin, and the reason that most (if not all) of their failures is because they don't create a good fountain to build on.If we start right, it is easy to go right all the time. But if we start wrong, it's much harder to go back and get it right. So please pay close attention, get out your pen and pencil, and le...
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- 2007-11-13 22:16:19 - An entrepreneur and a life to be remembered
- I was reminded of my own mortality today. I guess you can say I had a near death experience, though the death I experienced was not my own.No, I was never in any danger, nor was my life ever threatened. In fact, I was sitting in the air conditioned comfort of my home office sipping a nice cup of coffee and watching the dogs run around the yard when the moment came.The sun was shining...
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- 2007-11-13 22:16:19 - Getting rich isnt a bad idea
- You've seen plenty of articles claiming to offer you the secret to getting rich. Some ideas, however, are thin veneers covering some scheme that often involves multi-level marketing or a service with questionable intents.Recently I discovered a site and an individual who, well, tells it like it is. When you visit (http://www.makedanielri...
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- 2007-11-13 22:16:19 - Find me the expert on this!
- Many people who set up as consultants never make more than a minimal living. They get some clients who like them, but are so dependent on these few businesses that the resignation of a key contact can destroy their business for months ahead.The problem? They're nice folks who do a great job and have lots of experience, but they're not indispensable or even memorable. They can be replaced an...
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- 2007-11-13 22:16:19 - The entrepreneurial difference
- Who would ever have imagined that going door-to-door in my neighborhood selling figs from a bright orange shopping cart would have been my entrepreneurial beginnings? I surely did not. But, now that I look back and also look around me at other business owners, I see clearly that so many of the traits common to entrepreneurs are present at a very early age.Think about your own childhood and ...
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- 2007-11-13 22:16:19 - Coating service business case study
- There are many coating businesses in the market today, but have you ever asked yourself how one gets into this line of work? How they are formed or what prompts someone or some entrepreneur to go out and start a business to fill this niche? Well this is an interesting case study that shows how we became interested in this industry from a sub market of the coating business; Spray in Bed Liners. Our...
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- 2007-11-13 22:16:19 - 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."Every time I go up, I wonder if this is the day I'll die", says ...
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- 2007-11-13 22:16:19 - Starting your business by the book
- I've gotten several questions recently about the legalities of starting a business. So, this week I thought I would address a few of the more common legal issues most new businesses face. But first, let's get the mandatory legal disclaimer out of the way: the advice dispensed by this columnist is probably no better or worse than the advice dispensed by other columnists. Do not take the following a...
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- 2007-11-13 22:16:19 - 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. Here is the email I received:"Dear Entrepreneurial One,...
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- 2007-11-13 22:16:19 - 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. For example, my home is my sanctuary. I live here, and I work here. I like it to reflect peace, order and beauty, so when a messy remodeling project was underway - like the recent replacement of a water-damaged bathroom ceiling - it affected me. I was stressed and cranky. My husband might not ha...
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- 2007-11-13 22:16:19 - The magic of float
- If you've ever received a service today and paid for it in 30 days you've experienced the concept of "float" ? the time difference between when you receive a service and when you paid for it. In most cases this time period is a convenience to you as a customer, but in the world of business marketing it can absolutely transform your business. In the last 18 months we've grown our marketin...
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- 2007-11-13 22:16:19 - Learn how to compress time
- In the popular 1980's movie "Dune," man learned that by "folding space" the distance between two points shortened and he could cover those distances faster. Around 1995, we found a substance that could bend time in the business community -- it was called Venture Capital. With enough of it, we could compress the evolution of a startup company from a few decades to a few years. C...
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- 2007-11-13 22:16:19 - Be where the pucks going to be
- The "Great One" said it bestHockey legend Wayne Gretzky, when asked how he was always on the puck before anyone else, pointed out that he was by no means the fastest skater on the ice. Instead he explained that he always just focused on skating toward where the puck was going to be. Gretzky knew that if he couldn't be the fastest in the middle of the game, he would have to figure out how to...
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