At this moment, there are a lot of people who want to be an entrepreneur. However, to be a great entrepreneur, people must have enough knowledge and skill about entrepreneurship so that they can compete well in the entrepreneurship world. People can get all their need to be an entrepreneur by joining at entrepreneur education center. But, there are lots of entrepreneurship education center
We all want to be entrepreneurs don’t we? To own our own company and be our own boss is part of the American Dream, but very few of us have the know how or the resources to go at it along. When you first start out it can be daunting. Trust me I know, I tried looking into franchises a few years ago and was overwhelmed by the options out there - I mean, how can you tell what opportunity is right f
Guess entrepreneurship is a very familiar words among us nowadays, not just youngsters full with dream and passion can be one, even eldest with dreams , passion and most importantly experience can be a very reputable entrepreneur too.Entrepreneurship give us a chance to prove our dream, to make it come true, but of course it is consist of hard works, efforts, trial to make it a successful one. The
The latest business school rankings in Entrepreneurship is as follows
1. Babson College (Olin) (MA)
2. Stanford University (CA)
3. University of Pennsylvania (Wharton)
4. Harvard University (MA)
5. University of Southern California (Marshall)
6. Massachusetts Institute of Technology (Sloan)
7. University of Michigan–Ann Arbor (Ross)
8. University of Texas–Austin (McCombs)
9. University of
This weekend my wife and I were traveling home from the tour of our backup hospital for the birth of our son when we stumbled across this little gem of a story from the folks at NPR. It was about two budding entrepreneurs who, (*enter deep and ominous voice*) in the midst of these [...]
As I live in Eastern Europe, my info on what’s going on with the crisis in US and elsewhere tends to be a little bit limited. Of course, Romania as any other country that has an interconnected economy has shown it’s own signs of the crises.
But still, over here the US crisis, is what we [...]
Last night, the representatives from the three companies iOpenermedia, Localite, and Bureau42 of our lab course "High-tech Entrepreneurship and New Media" in winter term 2008/09 at RWTH Aachen University, presented their companies, their products, and their project offers to the student groups. After the presentations the students selected their projects themselves. As usual, the selection process
Why Everyone in an Enterprise Can -- and Should -- Be a LeaderLeadership doesn't just start at the top. Leaders can also be found at the bottom of an organization and at just about every place in between. In this special report by Knowledge@Wharton and The McKinsey Quarterly, the management journal of consulting firm McKinsey & Co., experts from McKinsey and Wharton point out that regardless o
Take small business courses that will prepare you to run your own small business, Receiving specialized training in how to run a business will help to make your business a success.
My Road to Online Entrepreneurship
I first heard about being an online entrepreneur from one of my friends. I asked her work and that's what she said to me, honestly I do not have an idea about her work except that it's through the internet. When I got home, I browsed some sites and there I discovered what being an online entrepreneur means. Working at your home and running a business at the
Eastern Europe is usually known for the quality education and skilled labor force. However, entrepreneurs and students have a strong feeling that while the education here teaches well the theoretical stuff, it lacks the flexibility and capacity to adapt to the real world environment and demands.
That’s why I was impressed to see that abroad education [...]
I’m quite happy to say that Mike Michalowicz from The Toilet Paper Entrepreneur gave me a wonderful opportunity to talk about Entrepreneurship in Eastern Europe following his excellent report on Jamaican Entrepreneurship. I would say that writing this article puts a great deal of responsibility on my shoulders, first because I have to match Mike’s [...]
I am ashamed to admit that it has been over 6 weeks since I last posted on TheCreativeConnector.com. I promise you this is about to change.
As many of you already know, I moved to New York City last month to begin the MBA program at Columbia Business School. Now that I am settled into the [...]
Doug Fieldhouse of Vesta, ClearEdge Power, ID Experts, nLIGHT and BRING Recycling Are Selected as this Year’s Award Winners
Sept. 18, 2008, Portland, Ore. — The Oregon Entrepreneurs Network (OEN) announced the winners of the 2008 OEN Tom Holce Awards for Entrepreneurship during its 15th annual awards ceremony on September 18, 2008. The ceremony, held [...]
Entrepreneur.com and The Princeton Review have just announced the “Top 50 Entrepreneurial Colleges” for 2008. The list of 50 is broken down into two separate categories, “Top Undergrad Programs” and “Top Graduate Programs“.
Interesting facts are given for each listed college such as the number of enrolled students, the percentage of those students who starte
Mike Michalowicz, author of the The Toilet Paper Entrepreneurhad a business trip to Jamaica and returned with an interesting report Why Jamaica Can (And Will) Lead the World in Next Generation Entrepreneurialism. “I discovered something far more beautiful and inspiring than you would ever see as a tourist. It is the entrepreneurs of Jamaica with [...]
75 Countries will Participate in
First-ever Global Celebration of Entrepreneurship
Global Entrepreneurship Week, co-founded by the Kauffman Foundation
and Make Your Mark Campaign, draws worldwide support
WASHINGTON (Sept. 16, 2008) — Global Entrepreneurship Week representatives today announced that 75 countries have pledged their support and participation in the Week. This inaugural event, co
Babson Forum on Entrepreneurship & Innovation (BFEI) is the largest student-run entrepreneurship-focused event at the F.W. Olin School of Business at Babson College. BFEI’s goal is to raise awareness of key opportunities and challenges facing entrepreneurs in an increasingly complex and global business world.
The day-long event includes a number of expert panels on a variety [...]
Jeff Chavez came up with an interesting article on what he calls 11 Killer Instincts of Entrepreneurship. As usual, I’m copying them over so I could give you my feedback.
The Solution Instinct: This is about ideas and always seeing them. Indeed entrepreneurs should be problem solvers - it’s an ability that can be developed over [...]
I’m quite amazed that hardly anyone mentions frustration as a source of entrepreneurship, business ideas and innovation. Most of the times, the closest thing to frustration is mentioning about finding or fulfilling a need in the market.
Frustration should be the most beloved word for any entrepreneur. I think frustration should be considered the number one [...]
Ask any busy business person - Do you get quality time to spend with your family? Majority will have a negative answer to this question. It is but an accepted norm, that when you are in the path of Entrepreneurship, the time that you get to spend with your family is not the same as [...]
One of the good things about being with a business organization, aside from the lunch meetings at posh restaurants (paid for by the company, of course), is the exposure to the exciting world of entrepreneurs.
See, I believe in osmosis. I like it that I am picking up principles here and there, even from random conversations. [...]
We have a joke here. “Why Australians never change their boomerang? Because they can’t throw of the old one as it gets back to them”. God knows why we have this joke as we are on the other side of the Earth from Australia.
If you are an entrepreneur and have a business you can always [...]
Being a part time entrepreneur for the past 3 and something years and a a blogger as well, gave me plenty of opportunities to see the goods and the bads and also summarize the experience in several posts along the way.
If you are looking to find out the advantages and disadvantages of moonlight entrepreneurship, there [...]
We're getting a lot of press after the £10 million we got for the new entrepreneurship center at Cass. This one is related to an elective I took in May - Innovation Business Project - where we worked for ChangeBase and came up with strategy we thought they should follow.I'm probably doing an entrepreneurship project this summer and trying to come up with a business proposal - will post some more
If you are planning on starting a new business, or are contemplating the purchase of an existing business, vocational schools are a wise option to gain excellent entrepreneurship education. Learn minority entrepreneurship will involve good training in business management. Entrepreneurship is often a difficult undertaking, as a vast majority of new businesses fail.Entrepreneurial activities are sub
As an angel investor in social entrepreneurship, Echoing Green identifies, funds and supports the worlds emerging leaders and the organizations they launch. Named after a William Blake poem, Echoing Green opened its doors in 1987....
Make video montages at www.OneTrueMedia.com
I received this vid right here from my man Torrance. You probably know him from the RawDawgBuffalo blog. He's like the king of making his money work for him! LOL. Now he's opened up a shop called "Braincell-A Store for Dogs." Check out the vid. And if you're in the ATL, go holla at ya boy, he's already got the support of Big Boi (Daddy Fat Sacks)
Mind Over Matter.5 common mindblocks against Entrepreneurship.TO EVEN those with a strong urge to start their own business, it seems ludicrous to give up a job in a comfortable atmosphere, with full benefits and generous bonuses. The fact is, it’s still a job — and you still wonder, every day, what it’d be like to work for yourself, not someone else. The following are the five common mental
Running a successful internet business can look so simple when you are on the outside looking in. You look at a successful internet entrepreneur and he doesn’t look like he is doing anything special but he is living the good life. It really doesn’t look like he is working all that hard. He seems to [...]
Entrepreneurship (Hardcover)By Robert D. Hisrich
29 used and new from $5.44 Customer Rating: First tagged “management” by Hubert Shea Customer tags: entrepreneurship, management
More: continued here
Author: Susan L Reid
Do you think that entrepreneurship is just for the young? That anyone past 50 is simply too old to start up a business? That midlife is the time when you should be thinking about retiring and preparing to live on less? If you do and if you are, then midlife entrepreneurship isn’t [...]
A collection of articles from around the web that focus on running a small business and being an entrepreneur. If you know any other good articles that focus on this topic, feel free to add links in...
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Ready to ride the challenge wave and win prizes up to $70,000? achieve your dream by creating the best business plan, step up and stand out.
The Queen Rania National Entrepreneurship Competition (QRNEC) provides a platform to increase the interest of Jordanian entrepreneurs and innovators in designing a path to achieve their dreams. The competition strives [...]
There are thousands of small business and entrepreneurship blogs in the blogosphere. Unfortunately, many of them are not at all useful to the experienced or aspiring entrepreneur. We've all seen them. The great majority of which are e-commerce "pros" masquerading as entrepreneurship experts. This makes finding solid, useful information for the traditional small business owner very difficult. There
There are thousands of small business and entrepreneurship blogs in the blogosphere. Unfortunately, many of them are not at all useful to the experienced or aspiring entrepreneur. We’ve all seen them. The great majority of which are e-commerce “pros” masquerading as entrepreneurship experts. This makes finding solid, useful information for the traditional small business owner [..
Book Description
ISBN-1841127264
“Every bit as good as the beer itself.”
—SIR RICHARD BRANSON, Founder and Chairman, Virgin Group
So what does it take to be a successful entrepreneur?
There are many different answers, but according to Karan Bilimoria, founder of Cobra Beer, do the following and you won’t go far wrong: be creative, go the extra mile, have confidence [...]
Do you think that entrepreneurship is just for the young? That anyone past 50 is simply too old to start up a business? That midlife is the time when you should be thinking about retiring and preparing to live on less? If you do and if you are, then midlife entrepreneurship isn't for you.
However, if you are someone who . . .
* has a strong desire for autonomy and independence,
* is a
What: Career & Entrepreneurship Fair 2008
When: May 21 & 22, 2008
Where: World Trade Center, Pasay City
Seminars on:
Online Entrepreneurship
Negosyo 2 Go:Different Business Ventures You Can Get Into
Free rides to/from WTC on MRT EDSA-Taft Station, LRT 1 Gil Puyat Station
For more info visit www.jobsdb.com.ph
We are talking again about various business opportunists that are specially design for woman. In this part of the world woman are facing the problem of gender disparity. More and more women are spending their time in taking care of babies and household working. A lot of women are wasting their valuable time in watching [...]
On Wings of Social EntrepreneurshipCorporate Professionalism Is Spreading To The Social Sector, As Professionals Give Up Comfortable Corporate Careers To Work With The MassesWHEN 24-year-old Anand Shah was flying out of India back to America, another Indian sitting next to him on the flight was complaining. “The taxi drivers, they fleece you. The food, the water… oh, I was sick for four days out of ten.” Born in the USA and trained at Harvard as a biologist, Shah thought to himself that criticising came easily to us, but not the initiative to change things.Mr Shah, on his part, decided to do something for the country of his parents’ origin. He looked around and realised there was a huge need for talent to work at grassroots organisations in India. “What India needs is people time
On Wings of Social EntrepreneurshipCorporate Professionalism Is Spreading To The Social Sector, As Professionals Give Up Comfortable Corporate Careers To Work With The MassesWHEN 24-year-old Anand Shah was flying out of India back to America, another Indian sitting next to him on the flight was complaining. “The taxi drivers, they fleece you. The food, the water… oh, I was sick for four days o
I mentioned in my last post about the great differences between network marketing and a franchise and how wrong is to try to describe our industry as a form similar to franchise. Actually we do have more in common with entrepreneurship, and the reason is that we don’t replicate a system.
That’s right, we don’t follow [...]
A doctor’s journey from pain to entrepreneurshipDr Patil Uses Acupuncture To Cure His Migraine And Set Up A Flourishing BusinessIT WAS 1966 and 26-year Ratnakant Patil had to leave his examination hall. A severe headache made his final-year MBBS exam at the Kasturba Medical College in Mangalore a nightmare. He had a severe migraine attack and was vomiting. His sympathetic professors, who had been treating him over the previous few years, let him wait out this bout at the back of the hall. When he felt better a few hours later, they let him finish his paper in an empty hall.Little did they realise that a couple of decades later, this experience would push Dr Patil to start his own business of curing people, just with a set of pins and needles.Stress had kick-started the migraine, and for
A doctor’s journey from pain to entrepreneurshipDr Patil Uses Acupuncture To Cure His Migraine And Set Up A Flourishing BusinessIT WAS 1966 and 26-year Ratnakant Patil had to leave his examination hall. A severe headache made his final-year MBBS exam at the Kasturba Medical College in Mangalore a nightmare. He had a severe migraine attack and was vomiting. His sympathetic professors, who had bee
Book Description
ISBN-0471496049
“An innovative book for an innovative topic.” Charles Hampden-Turner
Like the subject matter it covers, Clusters of Creativity is innovative and original. It breaks with popular interpretations of Silicon Valley and similar regions, which range from the hyperbolically laudatory to the contemptuously dismissive, and takes a critical, objective look at the lessons that these locations [...]
The Real Detroit ScandalOut of respect for my colleague, his identity shall remain anonymous(for now). The wounds of this experience may still be fresh and I wouldn't want to add insult to injury. So for the sake of this post he will be referred to as "Jackson"(don't know... just go with it).Amid all the recent talk of Mayor Kilpatrick's indiscretions, I think it's time to draw attention to something that happened in the Motorcity that is a lot more newsworthy(and no, it's not about crime). The "real" scandal in Detroit has nothing to do with adultery, text messages, or gangsters in uniform. The main character of this story is not a high ranking official or a sashaying call girl(for that type of "news" please click here).This is a story about entrepreneurship, scandal, rags to riches (then
If you read my How does it feels to be 20 years late on entrepreneurship? article earlier, now I’m taking things to the max by saying something about senior entrepreneurship. Here in Eastern Europe, I believe that 99.99% of the people don’t even imagine that they could start a business at the retirement age, mostly [...]
By Peter Garcia,
Laurie Lindsey and Milton Hershey’s business experiences are great example of entrepreneurship. They stared out as small businesses and as time progressed they ended up with large companies. But like most entrepreneurs, they faced several obstacles on their way to success. Milton Hershey was 6 years into his first chocolate making business [...]
There are different kinds of business for different people. Online businesses is now blooming but to some, it doesn’t work. My best friend just ventured into a small food business and I’m very happy for him, he’s happy I think but very stressed.
Stress is always a component, a part and parcel, of any real business [...]
Innovation & Entrepreneurship : Practice & Principles# Author: Peter F. Drucker# Publisher: HarperTrade # Number Of Pages: 256 # Publication Date: 1985 # ISBN-10 / ASIN: 0434904074 # ISBN-13 / EAN: 9780434904075 This book presents innovation and entrepreneurship as a practice and a discipline. It does not talk of the psychology and the character traits of entrepreneurs; it talks of their actions and behavior. It uses cases,but primarily to exemplify a point, a rule, or a warning, rather than as success stories. The work thus differs, in both intention and execution,from many of the books and articles on innovation and entrepreneurship that are being published today. It shares with them the belief in the importance of innovation and entrepreneurship. Indeed, it considers the emerg
I’ve been travelling lately to countries that are supposed to be the engine and driving forces of the Worldwide economy - USA and Germany. And although most of the entrepreneurship stories, knowledge and money come from well developed countries, I would say that entrepreneurship is really dimmed over there. While in US, I couldn’t see [...]
Singapore to invest over S$1b to grow innovation & entrepreneurship
By May Wong,
SINGAPORE: Singapore will invest over S$1 billion to grow innovation and entrepreneurship.
A national framework has also been set up, spelling out initiatives to advance R&D-based innovation and enterprise in Singapore.
Prime Minister Lee Hsien Loong said this after a three-day meeting by the Research, Innovation [...]
Entrepreneurship is the practice of starting new organizations or revitalizing mature organizations, particularly new businesses generally in response to identified opportunities.Entrepreneurship is often a difficult undertaking, as a vast majority of new businesses fail.Entrepreneurial activities are substantially different depending on the type of organization that is being started. Entrepreneurship ranges in scale from solo projects (even involving the entrepreneur only part-time) to major undertakings creating many job opportunities. Many "high-profile" entrepreneurial ventures seek venture capital or angel funding in order to raise capital to build the business. .
After writing a while ago about SME Insight Magazine from Philippine and later about 7 steps to start a business - advices from the Philippines - I’ve became interested in finding out more on entrepreneurship in “far away places” - well if you live in Europe, Philippines is exactly on the other side of the [...]
Entrepreneurship as a Path to PeaceThe single clenched fist lifted and ready, Or the open hand held out and waiting. Choose: For we meet by one or the other. (Carl Sandburg) NicheGeek.com offers a wonderful example of the latter choice from the Middle East: About five years ago, Stef Wertheimer came across Gamila Hiar, a Druze woman with no formal education who had learned the ancient art of making soap from wild herbs and olive oil as a child. At the time, Hiar was supplementing her family's income, producing about 500 soap bars a week, from a corner in a room underneath her house in Pqi'in, a village in the Galilee region of northern Israel. Hiar, now 68, ended up at Tefen Industrial Park, a bold philanthropic enterprise located about eight miles from the Lebanese border. Wertheimer,
Writing an entrepreneurship blog really puts me in contact with a lot of interesting entrepreneurs, entrepreneurship and educational organizations, and sometimes I’m also pitched to write something for them. Either a guest post, or a review on an entrepreneurship events or something like that.
From time to time, during these interactions the idea that small businesses [...]
Credit Suisse launches international "Art & Entrepreneurship" exhibition tour at the Art Dubai:
"Credit Suisse launches its 'Art & Entrepreneurship' exhibition tour at Art Dubai, featuring a new generation of 19 successful artists from around the globe."
via The FINANCIAL, News That Makes Money
*Contributing artists
Allora & Calzadilla, Anonymous, Michael Bauer, Heman Chong, Plamen Dejanoff,
British Prime Minister Gordon Brown joined Carl Schramm of the Kauffman Foundation today in starting the countdown to Global Entrepreneurship Week 2008, the world's biggest single event celebrating and promoting entrepreneurship amongst young people...
We are looking for outstanding students to join the new interdisciplinary Ph.D. program in Technological Change and Entrepreneurship (TCE), developed jointly by Carnegie Mellon University (USA) , FCEE-Católica, and IST-UTL. I would like to ask you to consider this initiative if you know students who might have the interest, academic potential, and international perspective to excel in such doctoral program.The deadline for applications for students beginning in September 2008 has been extended to April 15. Early application is especially important to secure the available fellowships. The Ph.D. program is open to participants of all nationalities, and from a variety of disciplines, including engineering, science, economics and business.This is an interdisciplinary program focused on techno
If your business is to succeed, you need systems and processes that will stabilize your company and support future growth. This is why a well-planned transition strategy is so important.
More: continued here
Last year I’ve turned 30, which besides marking the point where I enter a new part of my life (like the boring, dull maturity) stopped me from an exclusive club - the entrepreneurs getting rich before 30.
Even if I strike rich in a few years, it’s going to be too late to be extraordinary. I [...]
I’m not necessarily talking about serial entrepreneurs or how is going to overtake your life. There is something more subtle about it. If you ever founded a company and tried to run it for a while, your way of thinking about regular life things will change dramatically.
Just the other day, I was talking with one [...]
Bersama Membangun Lowongan EntrepreneurshipSampai sekarang, angka kemiskinan dan pengangguran di Indonesia masih sangat besar. Jumlah penduduk miskin tercatat sekitar 49 juta. Sedangkan jumlah pengangguran mutlak, yaitu mereka yang sama sekali tidak memiliki pekerjaan, tak kurang dari 12 juta orang. Sangat memprihatinkan. Tak mudah untuk mengatasinya. Paling tidak dibutuhkan kerja keras dan sinergi dari berbagai pihak, mulai pemerintah, BUMN, kalangan dunia usaha dan masyarakat.Namun yang paling dekat untuk bisa dilakukan untuk mengatasi problem sosial tersebut adalah mendidik dan mengembangkan jiwa kewirausahaan (entrepreneurship) di kalangan masyarakat. Dengan adanya semangat kewirausahaan, masyarakat tidak perlu lagi mencari lowongan pekerjaan. Justru merekalah yang membuka lowongan ker
Of course I’ve already said this on my blog in a way or another, but it seems is never enough. Probably the latest time I’ve said it was in “There is something wrong with entrepreneur’s minds” - “Having more free time is an absolute non-sense, at least in the beginning. If you start small and [...]
National Entrepreneurship Week Feb.23rd-March 1st 2008.
Calling all budding student entrepreneurs! It’s not too late for you to view The National Entrepreneurship conferenece week which began in Washington D.C. on Monday Feb. 23rd and continues throughout different states until March 1st.
You can view archived video conferences from Monday’s launch in Washington DC and the rest of this week’s scheduled conferences via The National Entrepreneurship’s website or you can attend one of [...]
Everybody is talking about the entrepreneurship revolution going around in India these days, something which started in the silicon valley some years back. And no, India has not really come into the mainstream of the web 2.0 scene. Try asking a few people (probably bloggers, tech bloggers especially) and see what the answer is. No, I’m not here to write something about someone or try and prove something in this post, it’s just an observation, and not even classified as right or wrong, or good or bad. In this series of articles, I try and go deeper into the state of entrepreneurship (strictly the web 2.0 space) in India, the problems faced by the budding entrepreneurs, and the small consumer internet space in India which seems to be overflowing with all sorts of startups right n
Sally and Jim has launched its own car franchising business, and is selling the franchise; There are problems, as a lawyer and excessive regulation threatened to destroy his life's work, to see how it ended; Tragedy or a complete success. A realistic story of the current franchises. . . Sally said: "Well done, we do not need to do location, because we are ready to shop, it is a great location, not only because Joe is a long-term part-time staff, we give him a discount." The s2d2 is that, now with a smile that, as they have in recent telephone 45 minutes, his billing price of 150 yuan per hour and he loves rounded up over billing may not be his middle name, but certainly in his genealogical surname is white and the waters, he still with a smile. The s2d2 said: "You can not give him a discou
Today I received the link from Essential Event Technologies for the conference video and all I can say is 'Wow!'. Chance and his team have delivered a top-notch experience with the videos. The landing page is very crisp and is a perfect mirror of the the OTEF AEC site. The videos are very well done, they are indexed and... well - you'll just have to visit and see what he's done - it is just flat awesome... Click here to visit the 2007 Arizona Entrepreneurship Conference Video Archive by Essential Event Technologies Technorati Tags: Arizona+entreprenuership+conference, real estate, entrepreneur, real+estate
The 2007 Arizona Entrepreneurship Conference is over now and there were a few items I wanted to share - one is that I felt wonderful at acting in the role of the show producer / coordinator; it was my responsibility to manage the catering, the AV, the volunteers and a hundred small details to make sure that the attendees had a rewarding experience. It was not that there were not a few wrinkles, but mainly the event went off smoothly. The rest of the details; content, finances and the other hundred details were undertaken by my mentor and friend Francine Hardaway and the CEO of the Arizona Small Business Association, Ms. Joan Kerber- Walker - what an awesome team to be a part of! The event was presented by the Opportunity Through Entrepreneurship Foundation (OTEF) who seeks to provide education to the disadvantaged to help them escape the cycle of dependency that often traps them in a recurring model that drives abuse, crime and drug use in our culture - show th
I wrote before about Entrepreneur fear - now its time to write again. It seems that back in 2005 I have approached the “fear subject” from the perspective of an entrepreneur wanna be that is looking to start a business. Now, almost 3 years later, I feel like writing more about Entrepreneurs’ fear, because I know more about it.
I believe we should in fact talk about 2 types of fear:
The start-up fear
The fear to keep it going.
There are plenty of resources on the “start-up fear”. This article on “Entrepreneurs being scared of failure” actually puts some interesting numbers: “Almost four in ten would-be entrepreneurs are too scared of failure to do anything about their business idea”. Director of small business at Orange Business Services, Martin Lyne, says: “It’s not the hard skills holding us back so much as our lack of self confidence and fear of failure”. Back in 2005, I’ve defined the start-up fear as fe
I took an entrepreneurship test today. I actually think I did okay on it, but that’s because I studied four days in a row and super studied this morning before the test. It was five short answer questions. I’m really only worried about the first one, which was about gross margin. I memorized what it was, but then there was a question asking how price increases and decreases affect gross margin. I didn’ t know, so I wrote down everything I knew about gross margin and I turned it in anyway. As I was walking out the door, Professor Malfitano came out and asked me if I was satisfied with the answer. I told him straight out that I wasn’t, but I didn’t know what else to put. He tried to give me an example to see if it would help me any so that I could come back in and work on that question, but I still didn’t understand it. I was grateful, though, that he would try to help me on it. Since he did that, I came back to my room and looked in my book to see if
After my initial post on Entrepreneurship stress I received a quite nice feedback from my readers and I’ve finally ended up on doing an interview with Jamie Lentzner from JPD Mom – Running a business while raising a family – priceless to find out about her entrepreneurship story.
Jamie has a very interesting article on Entrepreneurship stress - what she calls the Stress Monster : “This year, uh - let’s just say Mr. Stress Monster has parked his big ol’ Stress ass on my couch, he is watching TV, eating Cheetos, drinking beer, making a royal mess, and does not seem to be leaving anytime soon - I think he showed up around the beginning of June. The worst part of it is that sometimes he actually wakes me up in the middle of the night to discuss things (okay, truth be told he does it EVERY night around 3:00 a.m.) No, I swear I think he has moved in permanently….”
As my company is now in its third year, 2007 seems to be by far the most stress
WSJ’s Raymund Flandez speaks to New York entrepreneur Ari Meisel, 24, who has founded four companies — including three before he was out of high school.
Here’s a great article from the Wall Street Journal about serial entrepreneurs. There are two types of entrepreneurs by nature: entrepreneurs that are founders of one company, and they stay with that company until it blossoms or fails. If it blossoms then they’re all set. The other type of entrepreneur is the serial entrepreneur, these types of people are founders in multiple businesses and of the majority of the times none of them are related to the past one.
Entrepreneurs by nature have the same distinct qualities that you can read here, serial entrepreneurs are the same; only take that and multiply it by 10. Serial entrepreneurs exhibit common traits among them: They have a higher propensity for risk, innovation and achievement. They are less scared of failure. And they are more able to recover when they
IIPM, NEW DELHIDELHI – MUMBAI – BANGALORE- CHENNAIPUNE – HYDERABAD – AHMEDABADSPRING SUMMER ADMISSIONS 2008-1036THFull TimeProgrammeIn Planning &EntrepreneurshipSTUDENTS ARE INVITED TO APPLY FORIIPM’S UNIQUE SUPERIOR TOMBADEGREECOURSE IN PLANNING ANDENTREPRENEURSHIPTHE ROOTS :- An institute committed to cutting edge research and education on economics, entrepreneurship and managementThe Year 1963; A dream; A proposal to Jawaharlal Nehru, the then Prime Minister of India to set up an Institute under the name of “Institute for Planning and Administration of National Economy”; A study tour of Europe & A man, The roots of an institute with a difference, An institute oriented towards the promotion of corporate growth, based on innovation and entrepreneurship in harmony with national economic planning objectives, aiming at a sustainable and ethically acceptable growth rate. Conceptualised by Dr. M. K. Chaudhuri, India’s leading economic visionary, The Indian Institute
Everywhere you turn nowadays, you always hear about venturing into entrepreneurship. But what is entrepreneurship exactly? It is actually defined as the process wherein a group or an individual makes an effort to pursue opportunities to satisfy needs and wants through uniqueness and innovation. Some people have the misconception that entrepreneurs are gamblers in the sense that they take risks and invest in industries that have no record of success. However, the truth is, these entrepreneurs take calculated risks that have the potential to provide them with huge returns.The key factors you need to remember about entrepreneurship are opportunities, innovation, and growth. An entrepreneur sees opportunities in environmental trends and changes that nobody has seen before and pursues this opportunity with whatever resources he has at hand. The second theme in entrepreneurship is innovation which involves transforming and revolutionizing existing products or services to cope up with the cha
This week I got a real Entrepreneurship lesson, from one of my colleagues, a "non-Entrepreneur". The story goes like this.
I have this colleague, Octavian, that every time I look at his yahoo messenger status message says how happy he is, day by day every day (various texts, so it's not a forgotten status). Now, that's a complete blasphemy for an continuously worried and tired part time entrepreneur like myself. (I have to admit that I've been on the dark side of not being excessive happy all my life).
Ok, so on Monday, I couldn't take it no more, and I asked Octavian how does he manage to be happy all the time? (In fact I said that I'm really unhappy with his everyday happiness :) Answer hit me in the face like a true and genuine Entrepreneurship lesson:
"I'm setting small, reachable goals to myself very often. Accomplishing these small goals most of the time make me very happy. For the bigger goals, I make sure I have enough small reachable goals to keep me happy until the b
For some reason, people believe that entrepreneurs are the happiest persons in the World. That happens mostly because people get to know about entrepreneurs only when they got to the "spending time golfing while burning money in my Porsche" period. I mean, entrepreneurs are not famous while spending nights working for their businesses and for an unsure outcome.
Actually entrepreneurs have to endure large amounts of stress starting with the moment they think they might start a business and until the exit point. Entrepreneurship stress comes from many sources, so let's make a list:
Signing contracts with the customers. Is my offer good enough? Will the client pick my solution?
Contract completion. Can we finish the job on time? Quality is good enough? Will the customer be happy with the results?
Getting paid. The customer has delayed payment. Will he send the money or do I have to fight him in the court?
Competition. Damn, they just took my most important customer. What are t
I actually feel physical pain reading Nataly Kogan's 5 dark secrets of Entrepreneurship.
I've came across her blog looking something to cure my "crises of confidence" and she says: "But being an entrepreneur involves consistently overcoming crises of confidence. You feel hopeless about making progress, you think your business is doomed, you think you've made the worst decisions ever. This is a crisis of confidence and you have to work very hard to overcome it. It's a horrible feeling."
Quickly had a look at what she's doing to find out that she "is the co-founder & CEO of Work It, Mom!, an online community and resource for professional moms."
I have no clue why she left her job as a venture firm in New York? Maybe she will write about it later. Seems like an interesting start-up.
I'm not sure if this subject have been validated in theory but here is a thought I have on efficient management. I think that if you are able to use less words in your communication, it's a sign you have an efficient management style. We can think about it on several levels.
Let's suppose you are in the elevator and you meet an old friend or a potential customer. Are you able to explain what your company does in that short amount of time? I bet that in most cases you are not, because one of the following:
You explain features and not pains that are solved
You do a lot of things and not sure on which to focus
You are not sure what are your strengths
But what if you could have a way to "sell" in 30 seconds? Use less words and say the important?
Now, you have a new task for your...web developer. Chances are that you will use more than 3 phrases to say what needs to be done. That's usually a sign that:
You're not saying what you should be saying
You can't communicate e
No need to say that it's really hard for Entrepreneur wanna be to find out relevant information about starting a business in only one place. That's why I'm naturally paying attention to any resource that cumulates knowledge from more areas, in an easy to read/understand format. This being said, I especially enjoyed David V. Lorenzo's blog because I found several categories relevant to my readers:
Entrepreneurship - Start-up
Entrepreneurship - Success
Entrepreneurship - General
Besides the categories, I stopped at several posts that are so familiar to the stuff I write. Like for example:"Why do Most Small Businesses Fail?". I agree with the reasons given in the article, but I would add one reason that actually explains the others: "Un-ability to adapt". Because all the other reasons come from the lack of adaptation to the market signals, requirements and challenges.
I also really enjoyed the "The Three Things You Absolutely Must Know About Starting a Business". Wow, that'
Author: Scott ShanePaperback: 264 pagesPublisher: Edward Elgar Publishing (January 2006)Language: EnglishISBN: 1843768550Despite a wealth of efforts that examine separately the role entrepreneurs and universities play in economic development, no systematic effort has been made to examine the role universities play in promoting economic development through entrepreneurship. This book fills that gap, focusing on policy aspects of government-university partnerships with a discussion both of best practices and problematic strategies. The book begins by tracing the history of American government-university-industry partnerships that have promoted economic development. In succeeding chapters, well-known scholars focus on linkages in different domains such as: technology transfer, innovation networks, brain drain, cluster-based planning, and manufacturing. Practitioner commentaries follow many of the chapters in order to present an evaluation of the arguments from the perspe
Dunia usaha boleh saja berubah cepat. Sayangnya, teori-teori yang muncul, relative tidak diperbarui. Hasilnya? Peter Dracker, pakar ekonom dan manajemen. Langsung menuding. Katanya, “Ekonomi berdasarkan manajemen telah mati!”. Komentarnya ini sebagai sikapnya terhadap upaya penerapan teori yang dihasilkan dari kajian akademis seringkali terbentur berbagai variable yang tak pernah diperhitungkan sebelumnya. Bagaimana Paul Ormerod? Lebih ekstrim lagi. Malah secara tegas mengemukakan pendapat yang seolah memvonis bahwa ilmu ekonomi –secara keseluruhan- telah mati.Dracker menilai, manajemen amat lambat menjawab perubahan yang terjadi. Ia melihat, pihak yang mampu menjawab perubahahn dunia usaha yang begitu cepat bukanlah manajemen, tetapi ekonomi berdasarkan kewirausahaan (entrepreneurship). Itu sebabnya Dracker maupun Paul EMrod haqul yaqin, maju mundurnya perusahaan tergantung pada kemampuan sang entrepreneur –umumnya pendiri atau pemilik usaha- untuk mengembangkan bisnisnya. Kes
Kalau mau Ardy Muawin (27) bisa hidup nyaman di Amerika Serikat, dengan karir sesuai latar belakang pendidikan. Tetapi lelaki asal Semarang yang menyelesaikan S1 dan S2 bidang elektronika di Universitas Teknologi Michigan - Amerika Serikat ini pada 1997 memilih pulang ke Tanah Air.Cita-citanya kala itu adalah terlibat dalam pengembangan teknik di Indonesia. Namun ternyata jalan yang dijumpai Ardy tidak lempang. Apa yang dipikirkan dulu ternyata tidak mudah diwujudkan. Bersama Zahra Fajar Dini, istrinya yang juga lulusan Amerika Serikat, dia meniti jalan melenceng.Perusahaan yang didirikan untuk maksud semula akhirnya dijalankan dengan usaha restoran Indosteak di Menara Mulia."Apapun mesti saya syukuri pada Tuhan dan terima kasih untuk bimbingan mertua saya," kata Ardy, memantu dari salah seorang tokoh ICMI.Mungkin sudah takdir Ardy. Sebab Indosteak yang baru seumur jagung ternyata sukses dan bisa melewati masa krisis ekonomi 1997 yang ditandai dengan pembukaan cabang di Menara Kadin -
Entrepreneurship is a multifaceted adventure that, without a doubt, closely resembles a roller coaster ride. When you begin an entrepreneurial journey or “ride,” you are aware of the gamut of experiences, both disappointing and rewarding, that you will encounter as you undertake this challenge.
Entrepreneurial challenges are not unlike most challenges in life. Hard work, long [...]
I read a very interesting post over the weekend at an unlikely blog. Why Don’t We Teach The Science Of Getting Rich In School? was posted over at Absolutelee. Now the blog itself is mostly dealing with making money online, but this particular post is really interesting.
He mentions John Taylor Gatto, which immediately drew me in. What can I say, I’m a fan. You could probably blog about dog biscuits but mention Gatto or Holt and I’ll read it. This post, however, has some really interesting points on why things such as “the skills and values of entrepreneurship” are not taught in schools. And even why they should not be. How can you teach the masses to be individuals? How can you control a large group in a classroom and teach them to guide themselves?
I wanted to point out one great quote from his post. I would love to hear what others feel about this, and about his post in general.
The main problems I see are substituting the school system for proper parenti
Sepuluh Nopember Institute of Technology (ITS) in Surabaya, East Java, has established the Center of Entrepreneurship Development (CED) to accommodate the creativity of its students.The center set up with the Indonesian Chamber of Commerce and Industry (Kadin) will facilitate students to improve their professionalism.Endung Sutrisno, a Kadin representative, said some research shows that prosperity in developed countries is the result of technology, human resource utilization and entrepreneurship.
While there are plenty of books explaining the roles in an organization I'm not sure what to say about the entrepreneurs. Ok so for a business we have the gatekeeper, the adviser, etc, etc but the entrepreneur can only be and have one role to cover all needs.
I think we can strip down things to 2 major roles/actions that actually define 2 entrepreneur types:
Keeping things at the normality level
Improving and getting performance
First of all, people in general are afraid of changes and do whatever they can to keep things as they "should be", striving for ... "normality". I assume most of the things we do in life are done to keep up with society rules - we dress up certain ways, we talk, act and behave as the society tells us to do. Entrepreneurs do the same. They spend really a lot of time to comply. They should comply with local laws, commercial laws, and all sorts of rules. So we can surely say that entrepreneurs have a role and do actions of keeping things under control, ma
My daughters middle-school 6th grade recently held an innovation fair. Each student had 3 weeks to invent a product. They received guidance on how to find an idea, build a prototype and present to potential investors.At the fair each adult (parent) had $25 to invest $5 each for five different product ideas. In total about 250 students participated.The event was great and there were some great product ideas presented. Many of the kids were dressed in business attire, had a presentation ready and were even able to demonstrate a working prototype.Here are some of the ideas:This is my daughter Liz. She had the idea for an automatic hair detangler brush. She worked hard on the prototype and her presentation and did a great job. She is very competitive and really wanted to win the contest. (That meant many trips for last minute supplies)Here is another great idea, a lighted toilet seat, great for those trips to the bathroom in the night when you don't want to turn on the light or to help us
There is no uncertainty that entrepreneurship and training has led to the hike of sure men from the side of living's pyramid. It has too led to the greatness and growth of sure countries of the reality. In decree to realize the importance of entrepreneurship and training, I will care to determine the entrepreneurship and training. What is Entrepreneurship? An Entrepreneur is a person who accepts fiscal risks and undertakes original fiscal ventures. It is too seen as the individual who risks his capital in establishing a job which its profitability can never be determined at that moment. Education is an action that impacts knowledge or accomplishment. Education increases the power of an entrepreneur to hear original essential skills. Entrepreneurship and training has contributed greatly to the growth of countries such as America, China, Japan, Singapore and Nigeria. Most economy in the reality today sustain continual blow because their citizens depends on their regime for everything. E
I've decided to write about Entrepreneurship failure mostly because it's so hard to find relevant resources on it. I can't really talk about that from my experience, so this post is full of relevant outside links (I have added this after previewing the post - lots of blue on it from the external linking :)
While reading "Founders at work" I thought: we have tons of books about successful start-ups, then who would invest time and money writing about failure? First, I don't think you are truly aware that it's going to be an entrepreneurship failure until it's already a failure and second, even if you think it's going to become a failure - that no reason to brag about it (or put it this way, you would want to fail anonymously). I'm not the only one saying we have so little on failure, Brad Feld says in his blog "I’ve noticed a pattern in many of the VC and entrepreneur blogs I read – very few people ever talk about failure"
And still, Entrepreneurs are really afraid
Warning: This post may be offensive to some, and will be to the rest.
Join us as Baruch College’s Zicklin School Of Business and The City College of New York host a two part seminar on:
Entrepreneurship and The Global Economy in the Entertainment, Technology, and Internet age.
Keynote Speaker:
Our keynote speaker is a woman who embodies the entrepreneurial spirit of late 19th century America - when men were men and the Chinese built railroads. This woman had the opportunity to join the labor force and work under someone, but chose to be her own boss. She also stood fast against giant, faceless corporations who tried to take over her company. This woman, in fact, worked hard to keep her business in the family. Highly laudable. So-called “mom and pop” shops are indeed a rarity today.
So who is this woman, and what does she do?
Her company, a service based business, is a spin-off from her former pimp’s company. She currently employs her 7 year
Warning: This post may be offensive to some, and will be to the rest. Join us as Baruch College's Zicklin School Of Business and The City College of New York host atwo part seminar on: Entrepreneurship and The Global Economy in the Entertainment, Technology, and Internet age.Keynote Speaker: Our keynote speaker is a woman who embodies the entrepreneurial spirit of late 19th centuryAmerica - when men were men and the Chinese built railroads. This woman had the opportunity to join the labor force and work under someone, but chose to be her own boss. She also stood fast against giant, faceless corporations who tried to take over her company. This woman, infact, worked hard to keep her business in the family. Highly laudable. So-called "mom and pop" shops are indeed a rarity today. So who is this woman, and what does she do? Her company, a service based business, is a spin-off from her former pimp's company. She currently employees her 7 year old daughter, but is lookin
