December 28, 2012 Leave a comment
Take the quiz below to figure out if you are ready to quit your job and become a full time entrepreneur.
For Whom Wealth Matters
October 30, 2012 2 Comments
Eike Batista is Brazil’s richest person and ranked 7 in the world.In his book ‘O X da Questão’, translated:’The Heart of the Matter’ he recounts his trajectory in the business world and offers tips on entrepreneurship.Following are excerpts from the book:
1. “Nobody is happy alone. To share experiences is always a good thing.”
2. “You grown as a person when you face your own challenges, or stressful moments, as I like to say. A good entrepreneur must be prepared to evolve in adversity.”
3. “The good seller is the one who is also a good listener.”
4.“Believe in yourself. If you doubt in yourself, you won’t be able to face your co-workers. Or the market, for that matter.”
5. “Don’t quit on the first adversity. Believe in your intuition, but try to be down to earth as well, paying attention to research and polls.”
6. “Don’t think you are unstoppable or foolproof. Don’t think that the only way your business will work is through perfection. Don’t aim for perfection. Aim for success.” Read more of this post
July 29, 2012 9 Comments
1. “In every crisis, there is opportunity.”
Most entrepreneurial ventures arise from a solving a problem. If you are faced with a problem, craft a solution and sell that solution to others.
2. “Sow a thought, reap an action; sow an action, reap a habit; sow a habit, reap a character; sow a character, reap a destiny.”
Entrepreneurship starts with an idea and ends with a destiny. You craft your destiny with your actions, habits and character. You make your destiny, it doesn’t make you.
3. “The best time to plant a tree was 20 years ago. The second best time is now.”
Aside from 20 years ago, there is no better time to start a business than today.
4. “If you want one year of prosperity, grow grain. If you want ten years of prosperity, grow trees. If you want one hundred years of prosperity, grow people.”
The goal of every entrepreneur should be to start a business and find capable people to run the business so that they don’t have to. Read more of this post
June 15, 2012 3 Comments
Great description of the different type of entrepreneurs.
Originally posted on A Life Well Lived:
Let’s take a break from life insurance for a minute and talk about business. One of the most interesting job titles a person can have besides Ice Cream Taste Tester or International Super Spy would have to be the almighty “Entrepreneur.” There’s just something about that word that’s mysteriously interesting and hip all at the same time. Maybe because it screams “Hey! Look at me! I’m different than most people! I’m my own boss!” I’d have to agree — I’d be more interested in listening to someone with “entrepreneur” as their job title rather than an “account representative” any day of the week. However, not all entrepreneurs are created equal. I’d much rather speak with the CEO of Tesla Motors as opposed to the creator of Throx. I have no problem with people calling themselves entrepreneurs, but if they do, I often wonder what category of entrepreneur they fall into. Here are my four classifications:
1) The Wantrepreneur
A wantrepreneur is best classified as a “wannabe” entrepreneur. This type of person is not really an entrepreneur at all, but think they are. I’ve met a lot of people that fall into this category — some with grand illusions of opening a boutique cupcake bakery — and others that fantasize about starting a t-shirt company that will somehow be different than the rest. Just because you’ve checked out some books from the library about starting a business or paid $10 to register a domain name doesn’t mean you’re an entrepreneur. Almost everybody has what they believe to be a great business idea, but the majority never take enough steps to turn their ideas into realities.
2) The Amateur Entrepreneur
The first real type of entrepreneur is an amateur. An amateur entrepreneur represents someone with little experience operating their own business, but is at least making steps to try and achieve success. Their heads are full of visions of grandeur, but they’ll make an abundance of rookie business mistakes along the way. For example, when I started a boat rental company back in 2005, I ordered 100 company branded t-shirts in the hopes of selling them for extra profit. I never sold a single one, but hey — at least I don’t have to buy any t-shirts for the next 20 years. Another foolish mistake I made was not keeping a close eye on my business financials. If I was renting boats, I knew I was making money, but looking back, my mismanagement was irresponsible. Making mistakes is part of learning, so keep figuring out what works and what doesn’t. At least you’re doing something with your ideas.
June 13, 2012 3 Comments
Great List Of Free Resources For Bootstrapped Start-ups.
Originally posted on Bennis Public Relations Inc:
I’m always thrilled to stumble upon a web site, phone app or piece of technology that is designed to help a small business give the image of a large corporation. Small businesses don’t have the disposable income or office structure to support the expense of big machines like faxes and scanners, to purchase multiple business phone lines or to pay for a full time accountant. Instead, we become the Jack-of-All-Trades. Sure we’re the CEO’s, but we’re also the billing department, human resources, administrative assistants and IT. I choose to work from home because I love minimizing my overhead costs (and working from a local park or in my pajamas from time to time). But one aspect I DON’T love about working from home is the reaction I sometimes get when I say I run my Public Relations Firm just a few doors down from the same place I sleep and eat. For some people, I feel like this discredits the professionalism of my business. So I’ve taken an active role in finding completely free resources that allow me to run Bennis Inc as I would a much larger scale firm, while still keeping the intimate communication with my clients and low rates to reflect my low overhead.
CamScan – This single phone app alone has saved me the large investment of purchasing a scanner and fax machine for my home office. Imagine this – any printed invoice, piece of mail or even a magazine article can be scanned by your phone and directly emailed to you or your client with a few clicks of a button. At times, this works even better than a copy machine. If I’m sitting in a meeting and want a copy of a document we’re discussing, I simply CamScan it and it’s there as a document in my phone to refer to as I please. Best yet, this app is completely free, scans crystal clear and takes mere seconds to install. To find it, simply search “CamScan” on your Android or iPhone Market Place app (Learn more here).
Google Voice – When I first started taking on more clients in the Harrisburg area, I was often questioned about my cell phone’s area code which is from a different part of the state. On my business card it was obvious this out of area number was a cell phone and I felt unprofessional because I didn’t have a dedicated business line – but I didn’t have the budget for this. I found my solution with Google Voice. This online feature let me pick a new phone number of my choice (so of course I chose one with a local area code) and connect it directly to my cell phone. Now my clients can call my “business line” and I answer it right on my phone. Google Voice also has a ton of other features like personalized voicemails you can assign to certain numbers who call you and the ability to set “do not call” hours where it won’t roll your business calls to your cell phone….say on the weekends or while you’re on vacation. Google is truly an invaluable resource small businesses (Learn more here).
January 7, 2012 Leave a comment
Feel like a movie over the weekend?Might I suggest Rocket Singh – Salesman of the Year? Here is a link to the complete movie http://www.hindilinks4u.net/2009/12/rocket-singh-salesman-of-the-year-2009.html
The movie is about how Rocket Singh becomes an entrepreneur.I watched this flick a couple of years back when it was newly released and I remember liking it a lot.I hope to feel the same tonight.If you have not caught this film as yet I urge you to do so.It’s well worth the time
BTW I hear that these days it’s part of some b-school’s course work.So watch,have fun,learn and maybe feel a bit virtuous too.Ciao!I’m off to watch the movie!