This is default featured slide 2 title
This is default featured slide 3 title
This is default featured slide 4 title
This is default featured slide 5 title
 

Qualities Of A Successful Entrepreneur

1. Unwavering passion

In my opinion, being an entrepreneur demands commitment and dedication. If you are mildly passionate about your products or services, you will not succeed. When you start a business, there will be many challenges. You will face a lot of highs and lows. You will have to find something that keeps you motivated to work in order to build true wealth for yourself.

2. Open-mindedness

Successful entrepreneurs are open-minded people. They are constantly trying to learn new things from new people. They are not afraid to ask for help and they are flexible. Successful entrepreneurs are also able to soak up the best practices used from other people like a sponge. The fear of failure can make it easy to hold onto your vision with tight grip.

3. The desire to become an expert

Successful entrepreneurs like challenges. If they did not, they would probably choose another line of work. When you spend many years in the same industry, you will eventually know everything about it. Knowing what

Info of Expansion of E-Commerce

Entrepreneurs who are involved in start-ups should consider focusing their business towards an online store, rather than confining their company to a building. The internet can reach more consumers and could also allow businesses to have larger inventories. Providing consumers with a larger selection can lead to an increase in sales and having fewer physical locations can reduce the amount of money spent on overhead, thus increasing profit. Entrepreneurs with existing companies should also put more effort into their website for the same reasons. Many retailers also utilize promotional emails to draw customers to their site. These promotions are a way of reminding customers of their business and keeping the company front of mind. The website can also create a communication line between the company and the consumer. Customers may leave reviews on product and send feedback to the business, which could influence or encourage others to make purchases.

Amazon is a successful company that often comes to mind when consumers think of shopping online. As the largest name in e-commerce, they draw in many consumers by creating

Start a Plumbing Business

Starting a plumbing business, a bakery, or a high-tech company all requires the same basic thinking strategy. To remember it best, use the EASI acronym. In this case, E stands for emotion, A for achieving a win, S for simple and straightforward and I for the implementation.

Everybody wanting to start a business should be aware that it is going to involve plenty of challenges, hardships, stress, worry, and a multitude of other issues. The process of starting a business has often been likened to jumping off a cliff, and building an aeroplane on the way down. It will mean sleepless nights, long working hours and the unwavering support of family and friends around you. This is real, and the reason so many start-up businesses fail.

The first step, therefore, is to examine the reasons that you want to start the business in the first place. This involves an examination of the emotions, or feeling behind the rationale of starting your own plumbing business. Everyone will have their own reasons for wanting to start their business. It

Ways to Overcome Barriers

1. Take a different direction. When there is a stumbling block in your path, try to take a different direction, through the metaphorical woods for example. In other words, if you are faced with a barrier in your path and you don’t see any way to move forward, try to think of a solution outside of the box. Come up with something creative and you might find a way around the barrier.

2. Think about it from someone else’s perspective. Think about this problem pretending to be someone else. You might think of a solution that you would never have normally. Imagine that you are someone else that has had a great deal of success in business. What would they do if they were in that situation?

3. Try to think of a way to make the barrier smaller than it currently appears. For example, you might think that a problem is a huge, life-changing event that will prevent you from ever achieving your goals. But if you think about it for a while, you might find that it’s not nearly as big as you thought it was.

4. Take a break and let your

Become Open to Inspirational Business Ideas

The first thing that you’ll need to do is get rid of your preconceived notions. That is much easier said than done, but it is possible. You’ll start with identifying your preconceptions and determining which of them might keep you from being open to an idea when it comes along. Then, get rid of that assumption entirely. This way, you have nothing blocking the path if a good idea should come along.

Next, you’ll need to start paying more attention to your surroundings. It is very easy to become so used to your regular routine that you don’t notice the things around you. But those things are going to be what inspires your business ideas. As you go about your daily life, look for things that are related to business. In particular, look for niches that have to be filled, for needs that are not being met. These are where you will find the best business ideas.

You also have to know how to recognize the good ideas and sift out the bad ones. This requires that you think through an idea thoroughly before you do any work towards it. You need to determine exactly how

About Speaking Online

Teleseminars are strictly audio and are delivered over the phone or online. A webinar is a teleclass with visuals, usually via a PowerPoint slide show, that’s delivered online in a visual format.

Both teleclasses and webinars are great ways to deliver your signature talk to groups of people worldwide. When used together with joint venture partners, teleseminars can be one of the fastest ways to build your list, as well as attract more clients and sell information products.

Create a signature talk that you can use as a teleseminar or webinar, and look for opportunities to deliver it. To make a signature talk, draw from your signature program. Pick a few of your steps to cover and talk about why they are important and what results can be expected from going through them.

Give your audience just enough content to see the value and want more, i.e., your program. That is, give them what they need to know to lead them to what you have to offer.

Tips

Speaking live can be a very lucrative way to get your message out and get clients. Here are some tips for where to find speaking

Take the Risk

At this point, the entrepreneur realizes he is committed to the ride ahead whether he likes it or not. Both the rider and the entrepreneur try to relax and get a breath of fresh air before the journey ahead. In the next second, they are off again. Screaming down a 150-foot drop at 100 mph, full of chaos, twists, and turns. Neither are entirely sure where the ride is taking them, but they must trust they made the right decision beginning this adventure. If you have ever conquered your fear of roller coasters, you know that the risk was well worth the feeling you had at the finish line. Every successful entrepreneur will tell you the very same thing.

There are many benefits that come with the risk of starting your own business venture. The greatest benefit in my opinion, is their ability to give back to the community. The relationship between the community and small business is something very special. Small business allows communities to grow internally amongst themselves. It provides the community with many job opportunities that give the locals a chance at work if they are not interested or qualified for corporate work. Competition

Must know about Business and Relations

Supporting charities is important to both businesses as well as building relationships within communities. Having a common interest allows the businesses to develop a good strong relationship which goes beyond everyday business.

Going forward, further collaboration will allow the relationship to grow and have a continued benefit for business.

Both of the businesses are new but have learnt quickly that forging relationships is key to business. Building relations grows knowledge, our network and contacts, reputation and referrals and even assists with the development of ideas.

Since the inception of the businesses both have shared their business experiences, learnt from each other and have been able to identify strategies that work more quickly. As both have varying skills, experience and backgrounds the businesses have also been able to collaborate on particular projects, which have in turn allowed plans to move forward. Both companies are unique in their offering of differing services but have found that they can still be linked depending on the client and their requirements.
Links can be made with the most unsuspecting of businesses. It is therefore important not be closed minded to opportunities as it could prove most valuable.

Two opposing

About Entrepreneurship Knowledge Services

Since most companies are started with very limited funds, many entrepreneurs are reluctant to set money aside to pay for consulting services to fill in their knowledge gaps. For example, many create a website from the many templates available. Some are even free.

Where the company website is concerned I feel that the use of existing templates is a false economy. The website functions as an online calling card and needs to put your best foot forward. For site visitors, seeing a format that they have seen before can reflect badly on you.

The amount of time required for the entrepreneur to become proficient enough to develop a quality website takes time away from tending to functions relating to product knowledge, operations and management. Contracting with a website development company could be the solution.

Websites, to be noticed, must go through the Search Engine Optimization (SEO) process. The purpose of SEO is to improve your website’s chances of ranking high in a search. The mechanism for doing this is complex and dynamic. This again is a very specialized function that is often beyond the capability of the business owner.

There are functions which may

Leverage Your Income With Overrides

For instance, let’s say your employer is paying you $36,000 a year. What do you think he needs to be making off your efforts in order to afford to pay you $36,000 a year? The answer is, at least double, but probably around $100,000 would be more realistic. So, if he is making $100,000 on your efforts and he is paying you $36,000 then he is probably actually paying you more like $40-something thousand because of social security and all those other things that you are not aware of that he is paying. On top of that, with all of the benefits and taxes that he has to pay on your account, you are probably costing him around $50,000 per year.

So, if he makes $100,000, then the difference from what you cost him and what he makes is $50,000! That $50,000 is his override on you.

If you are an employee you are being overridden – everybody! Even if you are making $200,000 – you’ve got to be worth a lot more than $200, 000 for somebody to pay you $200,000! So, you are being overridden right now too.

Now, think about your employer,

Info of Partnering With Other Entrepreneurs

1. Sharing capital instead of expenses

2. Partnering with someone because you can’t afford to hire

3. Lacking a written and signed partnership agreement

4. Overlooking a limited partnership

5. Lacking an out or an exit strategy

6. Expecting the friendship to outlast the breakup of the partnership

7. Having a 50/50 partnership

Why would you want to avoid those 7 partnership killers?

Sharing your expenses can make it easier to just walk away if an issue occurred between the partnerships. However, sharing your capital will not be as easy when it comes to walking away.

Partnering with someone just because you can’t afford to hire may cause extreme issues. What if you and your partner decide to work against each other, then tension will form because the employees wouldn’t know who to take instructions from.

Always have a legal and formal written agreement that is handled by an unbiased attorney. Make sure to keep the business card of that attorney just in case issues occurred down the road.

Make sure each partner knows what they are liable for and make sure to have a legal and

Make Sure Your Goals Are High Impact

IMPACTOR is an acronym that points out the key steps in setting goals that matter, so your business can have impact.

IMPACTOR goals begin with impact, which I define as where your unique business meets the world and makes it a better place for all of us. Your impact intention needs to be clear before you begin. What difference do you want to make?

Make sure your goals are measurable. It’s tempting to be vague. Don’t give into that. What you measure is more likely to happen.

Goals should be specific, particular. Rather than saying, I want more customers, make your goal 10 more customers. Or two joint venture partners, rather than just ‘more’.

When you get in the planning fever, lofty goals can take a bigger place than is healthy. Goals should be challenging, yes, but make them achievable as well, so you don’t freak yourself into paralysis.

Can you describe your goal to your team members, those who will be implementing it? Be clear about what your goal is, so you can articulate it.

Be time-specific. Give each goal a timeline. You may miss it slightly, and that’s OK.

Tricks To Start A New Business

1. Avoid making excuses

Many people have dreams of becoming successful businessmen, but they end up unsuccessful. They have excuses and a fear of failure. As a matter of fact, you may have millions of excuses for not starting your own business.

Actually, what excuses do is slow you down so you don’t achieve your goals. So, if you are serious about starting a new business, we suggest that rid you of all the excuses. You may want to look for a solution to your problems rather than make excuses.

2. Absorb everything

You may want to listen to your family, friends, experts and, of course, yourself. As far as dealing with things that are related to your business goals, you may want to become a sponge. With new ideas, you may want to spur on yourself to keep going. You may want to write down important ideas and maintain notes from different sources so you can have a solid business plan.

It’s not a good idea to ignore advice from experienced business men. As a matter of fact, experts know what works and what does not. Actually, smart people learn from the

Wealth Creation Formula

Income is King

The most important step in the Wealth Creation Formula is creating income. Income is King and without income, you will fail financially. It’s that simple. How important is income? There are countless stories of professional athletes who have become broke, filing bankruptcies, and working regular jobs after retirement. Of course, their bad spending habits, bad investments, and poor money management have led to their financial downfall.

But the one key that most people miss is that once those professional athletes retire they do not produce those million dollar checks anymore. Their professional careers are over and they stop producing that income. Regardless. if they lived a lush lifestyle if they still had that big payday they would be OK.

Once the income especially those million dollar contracts dry up they are in trouble. They still have to produce income after their careers are over. According to Sports Illustrated, after only 2 years of retirement, 78 percent of NFL players were either broke or struggling financially. Within 5 years of retirement, 60 percent of NBA players are broke. When you have expenses and no income to match it the only result is

Info for Young Entrepreneurs

1. Find your obsession. “Find your obsession” is different from “follow your passion.” Your passion is something you love doing. Your obsession is something you cannot live without doing. And there’s a difference. A passion is sometimes borne from a hobby, for example, photography. You may be passionate about photography, but when the pressure is on to make money with photography that passion can wane in the drudgery of the daily work. Conversely, if you are obsessive about photography, rarely will any part of the work seem like drudgery. Passion will burn out; obsession rarely does. Obsession is what you need when starting a business.

2. Decide on your operational end-game. Once you find your obsession, ask yourself this: Do you want to have a “practice” or a “business?” A “practice” is a business that is dependent on your direct involvement, whereas a “business” can become independent of your involvement and still be successful.

A “business” in this context is one where you can rely on the collective work of others you employ to produce income, or survive as an ongoing concern if you were unable to work in the business on a daily basis. It

About Networking at Live Events

The income from those clients more than paid for the investment in traveling and attending the live event.

One way to find events is to get on the mailing lists of the influencers in your industry. Pick ones who have an agenda that will also be beneficial and interesting to you.

You can also Google event calendars for events in your area or other locations that you would like to travel to.

Of course, it will be twice as good if you pick an event where you will be learning something of value for your own business. Then you’ll essentially be killing two birds with one stone—more knowledge for your business and more leads for your business.

Be sure to take lots of business cards but also have a way to track who you speak with so you can follow up with them after the event.

Lastly, be sure to do your follow up right after the event so people remember who you are.

Tips

Many coaches ask me, “Where can I find qualified leads offline?” Here are some tips:

  • Networking Meetings such as BNI, Meet-Up, local entrepreneur groups, Toastmasters,

Keys to Achieving Entrepreneurial Success

1. Know what you are going to do to make money:

If you are going to be a successful entrepreneur it is important to know how you are going to generate income. Exactly what is your vision for entrepreneurship? Being an entrepreneur is not like having a hobby. You much be able to transform your idea to income.

2. Don’t be so quick to fire your boss:

I know you are probably so excited to transition from employee to entrepreneur that you are ready to turn in your “two weeks” notice and never look back. But is that really the best choice to make? There are many benefits to keeping your job. It is a wise idea to keep your job so that you can have money coming in to pay your bills. If you don’t have money coming in to pay your bills that is going to be very stressful, and it will be challenging for you to unleash creative entrepreneurial ideas with a stressed out mind.

It is also a wise idea to keep your job because you can use money from your job to fund your entrepreneurial vision. You can set

Ways Investing in Impact Helps Business

Companies that focus on impact have 12-14 times more income than those that focus only on profit. They even perform better than best practices companies in Jim Collins’ Good to Great list.

You have distinctive positioning. This is especially important for crowded markets and those with established and well-regarded players. Both millennials and over-40s are drawn to companies with a higher purpose, by knowing that their purchases matter. People are increasingly willing to look at products and services not just as commodities, but as the opportunity to have a high value experience grounded in impact and the ability to contribute themselves just by supporting impact-focused companies.

You attract the best people, ones that are motivated by your mission. That means an engaged workforce. People are inspired to perform above and beyond, to bring themselves more fully into their work. Fulfilling work, where we spend so much of our days, helps us have a fulfilling life.

You reduce the churn of employee departures. You avoid money and knowledge lost due to increased turnover and the loss of valued employees It’s a renewing wheel where you retain valuable employees in the older age range with their wealth

Yin and Yang of the Entrepreneur

“In Chinese philosophy, yin and yang (also yin-yang or yin yang, yīnyáng, “dark-bright”) describe how seemingly opposite or contrary forces may actually be complementary, interconnected, and interdependent in the natural world, and how they may give rise to each other as they interrelate to one another. ” (Yin and yang – Wikipedia)

“A starting definition: Yin / Yang: Two halves that together complete wholeness. Yin and yang are also the starting point for change. When something is whole, by definition it is unchanging and complete. So when you split something into two halves – yin / yang, it upsets the equilibrium of wholeness. This starts both halves chasing after each other as they seek a new balance with each other. The word Yin comes out to mean “shady side” and Yang “sunny side”. Yin Yang is the concept of duality forming a whole. We encounter examples of Yin and Yang every day. As examples: night (Yin) and day (Yang), female (Yin) and male (Yang). Over thousands of years quite a bit has been sorted and grouped under various Yin Yang classification systems.” (personaltao.com/teachings/questions/what-is-yin-yang)

As a female entrepreneur and a person who provides consulting services to other

Profound Insights From Impactful Entrepreneurs

  1. our obligation, our duty, to find out what that is, to do that. Loving, serving, or giving or all 3 is why we’re here.

~Prince Ea, rapper, filmmaker, speaker, activist

  1. Don’t wait. Get started. Be brave and jump. But admit when something’s not working. You’ll find a way around obstacles.

~Kate Groch, educator & changemaker

  1. Don’t see your business as separate from your spiritual life. Business plays an important part in the world today, so it’s important to recognize your ethical responsibility. How will their life be affected by your business? Positively? If you take care of that domain, if you water those roots, blossoms will emerge.

~Marianne Williamson, spiritual teacher, lecturer, author (& all-around sage)

  1. Put your creativity first. First in the day. It only takes 10 minutes a day to play with what it is that I love most to do. It may not look like anything to do with your business. It will open more magic for you than any single thing you can do.

~Katie Hendricks, conscious living and loving trainer & author

  1. I would love it if people would be able