Keep your team aligned and engaged. Manage tasks, create team schedules, track work time, and bill your clients from the same platform.
https://paymo.grsm.io/8kyp7xk8o7w6
The Corporate Refugee Startup Guide Insights - USASBE PresentationDave Gee
The insights from these slides are intended to help first-time entrepreneurs, especially those leaving corporate, make an effective transition to the life of an entrepreneur. These are slides that were provided to a presentation to the United States Association for Small Business and Entrepreneurship.
These slides provide an overview of some of the insights from world-class VCs, angel investors, IP attorneys, researchers, entrepreneurs and more. The entire content is available in my book, The Corporate Refugee Startup Guide which is available on Amazon.
If you need guidance on your startup or want insights on how to launch an accelerator program contact Dave at: dave@startupguides.io.
Produced e-magazine highlight entrepreneurs and entrepreneurship program, intended for online viewing. Assembled content, managed freelance writers, and executed design and layout.
Keep your team aligned and engaged. Manage tasks, create team schedules, track work time, and bill your clients from the same platform.
https://paymo.grsm.io/8kyp7xk8o7w6
The Corporate Refugee Startup Guide Insights - USASBE PresentationDave Gee
The insights from these slides are intended to help first-time entrepreneurs, especially those leaving corporate, make an effective transition to the life of an entrepreneur. These are slides that were provided to a presentation to the United States Association for Small Business and Entrepreneurship.
These slides provide an overview of some of the insights from world-class VCs, angel investors, IP attorneys, researchers, entrepreneurs and more. The entire content is available in my book, The Corporate Refugee Startup Guide which is available on Amazon.
If you need guidance on your startup or want insights on how to launch an accelerator program contact Dave at: dave@startupguides.io.
Produced e-magazine highlight entrepreneurs and entrepreneurship program, intended for online viewing. Assembled content, managed freelance writers, and executed design and layout.
My coming talk on Sept 3, 2011. in Singapore.
Its free to attend, but register now!
http://blog.unleashyourbranding.com/
Free Talk organized by Entrepreneurship Club
11 a.m. at Ya Kun ( Orchard Central ), 3/9/11
Participants will be receive a free associate membership from the club which is worth $80/- for 1 year !
A talk delivered by Tim Rowe, CEO of Cambridge Innovation Center to students in a course on Information Entrepreneurship at Simmons Graduate School of Library and Information Sciences.
The Toronto Startup Environment - a talk for the 2014 SAGE Canada conferenceZainab Habib
I delivered this talk on the Toronto Startup Environment at the SAGE Canada conference on March 1 2014.
If you're unable to view it due to the PowerPoint 2013 format, connect with me for an original copy.
Every day, men and women who have achieved great things both personally and professionally
and reached the very top of the ladder are being put out to pasture to rarely, if ever again,
use the significant gifts and talents that helped them for the first 50 or so years of their lives
Insights for career professionals seeking to prepare themselves, prepare their families, leave their jobs and build the ultimate startups.
Insights from world-class VCs, angel investors, entrepreneurs, researchers and attorneys including: Brad Feld (co-founder of Techstars), Peter Wilkins (Hyde Park Angels), Hank Barry (former CEO of Napster), Howard Tullman (1871) and many others make this the ultimate guide for someone wanting to leave their corporate life behind and launch a startup.
11 Inspirational Quotes from the Top CEOs of the Modern Business WorldMatt Burke
Learning from the successes of today can be vital to the successes of tomorrow. Get a head start with these inspirational quotes and tips from today's top business leaders.
http://blog.hubspot.com/insiders/inspirational-quotes-from-ceos
the new age marketing to boost the net sales and increase brand value and ROI. The term is used by new generational companies to create a value earned business.
My coming talk on Sept 3, 2011. in Singapore.
Its free to attend, but register now!
http://blog.unleashyourbranding.com/
Free Talk organized by Entrepreneurship Club
11 a.m. at Ya Kun ( Orchard Central ), 3/9/11
Participants will be receive a free associate membership from the club which is worth $80/- for 1 year !
A talk delivered by Tim Rowe, CEO of Cambridge Innovation Center to students in a course on Information Entrepreneurship at Simmons Graduate School of Library and Information Sciences.
The Toronto Startup Environment - a talk for the 2014 SAGE Canada conferenceZainab Habib
I delivered this talk on the Toronto Startup Environment at the SAGE Canada conference on March 1 2014.
If you're unable to view it due to the PowerPoint 2013 format, connect with me for an original copy.
Every day, men and women who have achieved great things both personally and professionally
and reached the very top of the ladder are being put out to pasture to rarely, if ever again,
use the significant gifts and talents that helped them for the first 50 or so years of their lives
Insights for career professionals seeking to prepare themselves, prepare their families, leave their jobs and build the ultimate startups.
Insights from world-class VCs, angel investors, entrepreneurs, researchers and attorneys including: Brad Feld (co-founder of Techstars), Peter Wilkins (Hyde Park Angels), Hank Barry (former CEO of Napster), Howard Tullman (1871) and many others make this the ultimate guide for someone wanting to leave their corporate life behind and launch a startup.
11 Inspirational Quotes from the Top CEOs of the Modern Business WorldMatt Burke
Learning from the successes of today can be vital to the successes of tomorrow. Get a head start with these inspirational quotes and tips from today's top business leaders.
http://blog.hubspot.com/insiders/inspirational-quotes-from-ceos
the new age marketing to boost the net sales and increase brand value and ROI. The term is used by new generational companies to create a value earned business.
Exchange is the primary data store and means of communication for all levels within the organization. The ability to audit and report in detail Exchange change events that take place on a daily basis helps maintain security and sustain compliance. Implementing an effective auditing strategy for MS Exchange is a necessity to secure and maintain this critical business asset. This whitepaper outlines not only the reasons for having an Exchange auditing procedure in place but also those must-have qualities of any successful MS Exchange auditing effort.
Produced e-magazine highlight entrepreneurs and entrepreneurship program, intended for online viewing. Assembled content, managed freelance writers, and executed design and layout.
10 Most Common Myths about EntrepreneushipMara Mentor
Every entrepreneur needs to be true and honest about their startup route, their skills and ability, as well as their strengths and weaknesses.
Entrepreneurs are known to be risk takers, but for the average entrepreneur themselves, they believe non-entrepreneurs are the most risk-aversive people. According to them the safest path is to take control of their own lives, to construct their own world, and not be dependent on anyone. There is something about their stories which makes people uncomfortable.
An economy that supports entrepreneurship, weakens the profession by wrapping it in destructive myths. A great number of social and cultural myths have been formed around the idea of what it really takes to be an entrepreneur.
116 PART 2 Planning6 chapter Entrepreneurship .docxaulasnilda
116 PART 2 | Planning
6
chapter
Entrepreneurship
After studying Chapter 6, you will be
able to
LO1 Describe why people become
entrepreneurs and what it takes,
personally.
LO2 Summarize how to assess
opportunities to start new
businesses.
LO3 Identify common causes of
success and failure.
LO4 Discuss common management
challenges.
LO5 Explain how to increase your
chances of success, including
good business planning.
LO6 Describe how managers of
large companies can foster
entrepreneurship.
Learning Objectives
bat62597_ch06_116-139.indd 116bat62597_ch06_116-139.indd 116 30/09/14 3:43 pm30/09/14 3:43 pm
Final PDF to printer
117
S ome extraordinary individuals have founded companies that have become famously
successful: 1
• Bill Gates and Paul Allen started Microsoft.
• Oprah Winfrey founded Harpo Productions.
• Steve Jobs and Steve Wozniak created Apple Computer.
• Mary Kay Ash established Mary Kay.
• N. R. Narayana Murthy founded Infosys.
• Martha Stewart started Martha Stewart Living Omnimedia.
• Larry Page and Sergey Brin founded Google.
• Estée Lauder created her namesake company.
• Elon Musk founded Tesla Motors and Space X.
• Mark Zuckerberg started Facebook.
• Vera Wang founded her namesake firm.
services, publishing, and retail-
ing. Today the Virgin empire
has nearly 50,000 employees in
50 countries, and Branson has a
mind-boggling net worth of more
than $5 billion. In 1999 he was
knighted by Queen Elizabeth.
5
Entrepreneurs differ from
managers generally. An entre-
preneur is a manager but engages
in additional activities that not
all managers do.
6
Traditionally,
managers operate in a formal
management hierarchy with
well-defined authority and responsibility. In contrast, entrepre-
neurs use networks of contacts more than formal authority. And
although managers usually prefer to own assets, entrepreneurs
often rent or use assets on a temporary basis. Some say that man-
agers often are slower to act and tend to avoid risk, whereas entre-
preneurs are quicker to act and actively manage risk.
An entrepreneur’s organization may be small, but it differs
from a typical small business:
7
• A small business has fewer than 100 employees, is independently
owned and operated, is not dominant in its field, and is not charac-
terized by many innovative practices. Small business owners tend
not to manage particularly aggressively, and they expect normal,
moderate sales, profits, and growth.
entrepreneurship
the process by which
enterprising individuals
initiate, manage, and
assume the risks and
rewards associated with
a business venture
small business
a business having fewer
than 100 employees,
independently owned and
operated, not dominant
in its field, and not
characterized by many
innovative ...
Gen Y; Millennials; Echo Boomers; the Trophy Generation; Net Y Not. Google “managing” any of those
terms and you’ll receive hundreds of thousands of hits. The literature positively explodes with deep
insight and pop psychology on how to deal with younger employees—professionals in their mid-20s to
early 30s.How do you recruit, hire,
manage and survive with younger, rising executives who may not speak your language or respect your
values? If the Millennials receive most of their validation from outside of their professional network,
what leverage does the leadership of your organization have to shape raw talent into valuable current
and future leaders?
Blend of inspiring quotes and practical tips for beginner boot strappers by Boye Hartmann, Danish entrepreneur and business angel. Our favourite tip: "CREATE A LIST OF WHAT NEEDS TO GET DONE. GET THOSE THINGS DONE. REPEAT."
Jeunesse Global - Nigeria Opportunity PresentationGideon Adebisi
Jeunesse Global Opportunity Presentation for Nigeria. Why Choose Jeunesse? This explains the products, compensation plan and also introduce you to the company management team.
Foundr V1.0 Coffee Table Book First 2 Chapters Previewfoundr
Check out the first two chapters of the Foundr V1.0 coffee table book, filled with only the best advice for startups, straight from the minds of superstar entrepreneurs, such as Sir Richard Branson, Arianna Huffington, Seth Godin, Barbara Corcoran, Gary Vee & many more!
Grab your copy of the limited edition of the Foundr Coffee Table Book here: http://www.foundrmag.com/book
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
1. Entrepreneur
Dr. Lauren Talia, D.B.A.
National University
April 23, 2013
“Entrepreneurship is a derivative of the French world “entreprendre,” which
means “to undertake, to pursue opportunities, to fulfill needs and wants
through innovation.”
2. Isn’t America Great?
We are Nation of Entrepreneurs!
Young and old, Americans start businesses at an
impressive rate, always willing to take a chance
on creating our own futures.
Why? Because few things are as satisfying as a
dollar (or two) earned on your own, by your own
ideas, talents, and efforts from start to finish.
The opportunity to create, to grow, to flourish, is
embedded in us as a people.
Weekend Entrepreneur:
101 Great Ways to Earn Extra Cash, PG 21
Michelle Anton & Jennifer Sander, 2006
Entrepreneur Press, Feb 27, 2006
Foreword by Dr. Laura Schlessinger
3. The Downside of Business
There are more than 16 Million small-business owners
in the United States, most of whom began their
businesses with dreams of increased freedom,
autonomy, and wealth.
Over 80% of small-businesses fail within the first five
years.
Jesus, Entrepreneur: Using Ancient Wisdom
to Launch and Live Your Dreams, xxvi
By Laurie Beth Jones
Random House Digital, Inc., Dec 18, 2007
4. Small-Businesses Entrepreneurs
Create jobs, and have a significant impact on the
economic growth of the entire world.
Entrepreneurs make a difference. They touch people’s
lives. Its simple-and profound-as that. I’m looking
forward to welcoming you to the club.
The Reluctant Entrepreneur:
Turning Dreams Into Profits, Page 7
By Michael Masterson
John Wiley & Sons, Jun 26, 2012
5. Weekend Entrepreneur
Some of the best businesses for weekend entrepreneurs
involve using what you have-free time and strong back-to
help out the folks who lack either. Busy working couples,
retired folks with less than perfect health, there are
thousands of people in your own town who could benefit
from having a willing person to help out on weekends.
Weekend Entrepreneur: 101 Great Ways to
Earn Extra Cash, PG 21
Michelle Anton & Jennifer Sander, 2006
Entrepreneur Press, Feb 27, 2006
Foreword by Dr. Laura Schlessinger
Tell me and I’ll forget’ show me and I may remember; involve me and I’ll
understand.” Chinese Proverb
6. Extra Income
www.groovejob.com
www.coolworks.com
www.snagjob.com
www.craiglist.com
www.careerbuilder.com
www.glassdoor.com
www.dice.com
www.usajobs.com
www.simplyhired.com
www.indeed.com
www.linkedin.com
www.jobbing.com
www.monster.com
www.linkup.com
www.twitjobsearch.com
www.juju.com
Weekend Entrepreneur: 101
Great Ways to Earn Extra Cash, PG 35
Michelle Anton & Jennifer Sander, 2006
Entrepreneur Press, Feb 27, 2006
Foreword by Dr. Laura Schlessinger
Want extra income and working for extra work?
7. American Dream
Is a state-of-being that promises nirvana, fulfillment and a
meaningful retirement. It is an illusion.
America the land of opportunity and growth.
Where little to no capital is needed to start business.
Transitioning from Employee to Entrepreneur:
A Road Map for Aspiring Entrepreneurs, Page 10
Marvin L Storm
“By recording your dreams and goals on paper, you set in motion the process
of becoming the person you most want to be.” –Mark Victor Hansen,
www.markvictorhansen.com
Employee to Entrepreneur
5/28/2007
8. WHAT IS AN “Accident
Entrepreneur”
A Person who never expected to be self-employed or
thought of herself or himself as an entrepreneur.
Accidental entrepreneurs don’t set out to be
entrepreneurs.
An entrepreneur is not born with ability of being his/her
own boss.
Is usually not comfortable by selling products or services,
at first.
Upcoming entrepreneurs realize they need to learn what
they don’t already know.
Everything they can in regards to his/her business. In order
to make his or her business a success.
The Accidental Entrepreneur: The 50 Things I Wish
Someone Had Told Me About, PG 1
By Susan Urquhart-Bro
Amacom Div American Management Association
May 26, 2008 printed United States of America
9. 7 Questions to Ask Before
You Start a Business
1. What is your motivation for
becoming an entrepreneur?
2. What is your background and
experience at work?
3. What strategies and tactics will
you use to find leads?
4. How will you address the three
big challenges of Money,
Product and Pricing that every
new business faces?
5. What course of action will you
take to make your business
successful?
6. What are you going to do to
market yourself?
7. How long will you stay involved in
your business before you receive a
consistent revenue stream?
Article Source: http://EzineArticles.com/3084814
10. Competition is Healthy!
Great entrepreneurs have always benefited from tough
life experiences.
Our competitors often force us to levels we would not
have reached on our own. Where would Steve Jobs and
Apple computers be without Bill Gates, and vice versa?
Ben Franklin: America's
Original Entrepreneur, PG 31
By Blaine McCormick
Entrepreneur Press, Jul 8, 2008
Action may not-always bring happiness, but there is no
happiness without action.
–Benjamin Disraeli, former British Prime Minister
12. Starting your own Business,
Questions
1. Do I have to quit my job? –NO.
2. Do I have to be a single twenty-something? –NO.
3. Do I have to travel? –Depends and Optional.
4. Do I need to be born rich? –Absolutely Not.
5. Do I need to be an Ivy League Graduate?-Nope.
6. Do I need capital to start business? –No.
7. Do I need good credit? –No.
8. Do I need to be hungry for successful?-YES!
The 4-Hour Workweek:
Escape 9-5, Live Anywhere, and Join the New Rich
PG 33-35 By Timothy Ferriss
Random House Digital, Inc.
Apr 24, 2007
13. Silicon Valley
“The thousands of engineers and managers in
Silicon Valley represent 16 additional jobs. It is
this 1 to 16 multiplier. Yet an even higher ratio
is that for the entrepreneur to jobs created.
This ratio may be 1 to 500, or 1 to 1000. Each
new spin-off, if it grows to any size, may
create jobs for hundreds, if not thousands, of
employees in the new firm”.
-Larson and Rogers, Silicon Valley Fever,
1986
14. Entrepreneurs Found in
Broadly Three Worlds
General Business-New ventures as they start and grow.
Corporate Sector-Established, often large, organizations.
The community-including the voluntary sector.
The Entrepreneurs in Focus:
Achieve Your Potential, Page 3
By Bill K. Bolton, John Thompson,
& John L. Thompson, 2003
Cengage Learning EMEA, 2003
The only happy people I know are the ones who are working well at
something they consider important. –Abraham Maslow
15. Most New Ventures
Fail-Usually for Good Reasons
The founders launch without being truly committed to
their success.
Entrepreneurs becomes convinced that a lousy business
idea is brilliant, or because he/she doesn’t understand
the market he’s targeting.
The Leaders don’t hire the right people or offer the best
people a good reason to join the venture.
The founders don’t know how to communicate
effectively, or don’t adapt to take advantage of new
opportunities.
The Intelligent Entrepreneur:
How Three Harvard Business School Graduates
Learned the 10 Rules of
Successful Entrepreneurship, Page 3
By Bill Murphy, Jr
Macmillan, Oct 12, 2010
16. Successful Entrepreneur
Find a Niche
Choose a Good Name
Be Clear What you are trying to
achieve
Get a Mentor
Do proper Research
Find a business that can be
scaled up
Protect your ideas
Make sure the numbers add up
Build a strong Team around you
Get your timing right
Test your commitment
Learn to love technology
Think twice before parting with
equity
Don’t assume your customers will
find you
Think Big
Make it easy for luck to strike
Learn how to sell
Start Networking
You Can Do It Too: The 20 Essential Things
Every Budding Entrepreneur
Should Know, Page Vii-Viii
Kogan Page Publishers, Apr 3, 2010
17. Jack Welch CEO of GE in
1981
Jack Welch was determined to make General Electric
(GE) the most competitive company in the world.
He would do this by creating a business where people were
not afraid to use their imitative and try out new ideas, and
where only their own personal abilities and standards would
be ceiling for their endeavors.
More recently, he commented that he always wanted to
create a fast, flexible, and adaptable small business
culture inside a large, established industrial corporation.
Crainer, Business The Jack Welch Way, 2011
18. “Success is not
in what you
have, but who
you are.” –Bo
Bennet
“Mother love is the fuel that enables a normal human being to do the
impossible.” –Marion C. Garretty
The best time to plant a tree is 20-years ago; the second-best time is today. –
Chinese Proverb
“Goals that are not
written down are just
wishes.” Anonymous
19. Rules that Change the
Rules
1. Retirement is Worst-Case-Scenario Insurance.
2. Interest and Energy are Cyclical.
3. Less is not Laziness.
4. The Timing is Never Right.
5. Ask for Forgiveness, Not Permission.
6. Emphasize Strengths, Don’t Fix Weaknesses.
7. Things in Excess become their Opposite.
8. Money alone is not the Solution.
9. Relative income is more important than absolute income.
The 4-Hour Workweek:
Escape 9-5, Live Anywhere, and Join the New Rich
PG 33-35 By Timothy Ferriss
Random House Digital, Inc.
Apr 24, 2007
20. Goal-Setting
1. The goals shift from ambiguous wants to defined steps.
2. The goals have to be unrealistic to be effective.
3. It focuses on activities that will fill the vacuum created
when work is removed.
Living like a millionaire requires doing interesting things
and not just owning enviable things.
The 4-Hour Workweek: Escape 9-5,
Live Anywhere, and Join the New Rich
Page 54, By Timothy Ferriss
Random House Digital, Inc.
Apr 24, 2007
“Logic will get you from A to B. Imagination will take you everywhere.” –Albert Einstein
21. System Reset
1. What would you do if there were no way you could fail?
2. Drawing a blank?
3. What does “being” entail doing?
4. What are the four dreams that would change it all?
5. Determine the cost of these dreams and calculate your
Target Monthly Income (TMI) for both timelines.
6. Determine three steps for each of the four dreams in just
the 6-month timeline and take the 1st step now.
The 4-Hour Workweek: Escape 9-5,
Live Anywhere, and Join the New Rich
PG 56 By Timothy Ferriss
Random House Digital, Inc.
Apr 24, 2007
22. Learn to Eye Gaze
1. Focus on one eye and be sure to blink occasionally so
you don’t look like a psychopath or get your BLANK
kicked.
2. In conversation, maintain eye contact when you are
speaking (Its easy to do while listening).
3. Practice with people bigger or more confident than
yourself.
The 4-Hour Workweek:
Escape 9-5, Live Anywhere, and Join the New Rich
PG 33-35 By Timothy Ferriss
Random House Digital, Inc.
Apr 24, 2007
24. “To be nobody but yourself in a
world which is doing its best, night
and day, to make you everybody
else means to fight the hardest
battle which any human being can
fight; and never stop fighting”.
–E.E. Cummings
25. Vision Creates Commitment
I am committed to my vision, which means my vision
creates focused action, which fosters risk taking and
experimentation.
A good example is how Bill Gates had the vision of personal
computer in every home. At the time this seemed completely
unreasonable but his commitment to his vision created
possibilities, and action.
Release Your Inner Entrepreneur:
Fresh Thinking for New Business Ventures, Page 10
By Ben Botes, John B. Vinturella
Lulu.com, Oct 30, 2006
“To strive, to seek, to find, and not to yield”. –Alfred, Lord Tennyson, “Ulysses”.
26. Shared Vision Creates
Long-Term Results
People never focus on the long-term because they
have to; only because they want to.
For example, Cathedral builders of the middle ages
needed to work together. They often took 300 years to
complete the Cathedral. That meant 300 years of vision.
Take minute and refer back to the earlier examples
provided of entrepreneurs who made it. What role did vision
play in their ventures? Where would they be without this
vision?
Release Your Inner Entrepreneur:
Fresh Thinking for New Business Ventures, Page 10
By Ben Botes, John B. Vinturella
Lulu.com, Oct 30, 2006
27. Why are Visions so
Powerful?
Visions are valuable because they are products of the
mind and the heart working together.
Vision are very compelling, very motivating. They are not
an escape from reality. They allow us to create it! They
provide a magnetic pull.
Visions integrate our sense of purpose and our values
with the picture of how to accomplish.
Release Your Inner Entrepreneur:
Fresh Thinking for New Business Ventures, Page 11
By Ben Botes, John B. Vinturella
Lulu.com, Oct 30, 2006
“Goals in writing are dreams with deadlines.” –Brian Tracy www.briantracy.com
28. Personal Questions for
Value and Vision
What is your dream?
Is your business opportunity
worth pursing?
How do you want your life to
look to others?
How would you like to be with
other people?
What is meaningful about your
dream?
What is the great thing about
this dream?
Do you automatically find
anything negative about this
dream if yes, what?
What are the fears you have
about this dream?
What stops you from being up
to the challenge?
Do you have the support from
others to pursue this dream?
What does that tell you about
yourself?
“Formal education will make you living; self-education will make you a
fortune.” –Jim Rohn
Release Your Inner Entrepreneur:
Fresh Thinking for New Business Ventures, Page 11
By Ben Botes, John B. Vinturella
Lulu.com, Oct 30, 2006
29. Written Goals
What the desired result is.
By when it will be accomplished.
How progress will be measured along the
way. (And when it will be measured.)
What action steps are expected to be taken.
Who is responsible for what actions and for
the goals overall.
Release Your Inner Entrepreneur:
Fresh Thinking for New Business Ventures, Page 17
By Ben Botes, John B. Vinturella
Lulu.com, Oct 30, 2006
30. Elon Musk
Elon Musk was born in South Africa and became a
multimillionaire in his late twenties when he sold his start-up
company, Zip2, to a division of Compaq Computers. He went
on to more early success launching PayPal via a 2000 merger,
Space Exploration Technologies Corp. (SpaceX) in 2002, and
Tesla Motors in 2003. Musk made headlines in May 2012 when
SpaceX launched a rocket that would send the first commercial
vehicle to the International Space Station.
Risk Takers: Elon Musk helped create PayPal, built America’s
first viable fully electric car company, started the nation’s
biggest solar energy supplier, and may make commercial
space travel a reality in our lifetime.
Elon Musk. Entrepreneur. (2013). BLOOMBERG L.P. Retrieved Apr 23, 2013 from
http://www.businessweek.com/videos/2011-09-30/elon-musk-entrepreneur
Elon Musk. (2013). The Biography Channel website. Retrieved 02:15, Apr 23, 2013, from
http://www.biography.com/people/elon-musk-20837159.
31. Elon Musk
Co-founding PayPal, Tesla & SpaceX
PayPal
http://www.youtube.com/watch?v=c_A6OOzndt8
What is Tesla
http://www.youtube.com/watch?v=QweNsLesMrM
http://www.youtube.com/watch?v=2rQM1_sJYNE
Tesla Financial Guarantee
http://www.youtube.com/watch?v=twC1d-HEfJw
SpaceX
http://www.youtube.com/watch?v=svzXxuQIKlc
http://www.youtube.com/watch?v=BqCELhkXtsY
http://www.youtube.com/watch?v=t84Ih8bJo6s
32. Michael Dell
Born on February 23, 1965, in Houston, Texas, Michael Dell showed
an early interest in technology and gadgets.
At the age of 15, he purchased an early Apple computer in order to take it
apart to see how it worked.
In college, he started building computers and selling them directly to
people, focusing on strong customer support, and cheaper prices.
It was in college that Dell found the niche that would become his
boom.
The PC world was still young and Dell realized that no company had tried
selling directly to customers. Bypassing the middleman and the markups,
Dell tapped his savings account for $1,000 and started building and selling
computers for people he knew at college. His emphasis, however, wasn't
just on good machines, but strong customer support and cheaper prices.
Soon, he had accounts outside of school and it wasn't long before Dell
dropped out and focused all his efforts on his business.
Michael became the youngest CEO ever to earn a ranking on the
Fortune 500.
Interview with Michael Dell: http://www.youtube.com/watch?v=NcGfnxA-
eF4
Michael Dell. (2013). The Biography Channel website. Retrieved Apr 23, 2013, from http://www.biography.com/people/michael-dell-9542199.
33. Andrew Carnegie
Is known as the ‘steel king of America’ was a business
tycoon who made his wealth largely from the steel industry.
He was also a large-scale philanthropist whose life story is
often referred to as ‘rags to riches’.
Andrew Carnegie asked Napoleon Hill who was a journalist
to conduct interviews of influential people in the hope to find
out the common thing between them that had led them all to
success.
This work was published after Andrew’s death as ‘The Laws of
Success’ in 1928 and then as ‘Think and Grow Rich’ in 1937.
Carnegie also contributed to various other periodicals such as
‘Triumphant Democracy’ (1886), ‘The Gospel of Wealth’ (1889),
‘Round the World’ (1884) and ‘The Secret of Business is the
Management of Men’ (1903).
Andrew Carnegie (2013). Famous Entrepreneurs website.
Retrieved Apr 23, 2013, from http://www.famous-entrepreneurs.com/andrew-carnegie
34. Bill Gates
The American Entrepreneur, philanthropist and one of
world’s richest people, Bill Gates is the former chief
executive and current chairman of Microsoft, the giant of
computer software companies.
Bill Gates has played a major role in this success not only
because of his strategic thinking and outstanding talent but also
his passion and strong determination. Gates dominated the
computer industry because he saw things other players in the
game just couldn’t. In an interview to Fiona Bruce from BBC for
‘The Money Programme’ he said that that it wasn’t just what
Microsoft did, but what his rivals didn’t do.
Bill Gates has not only brought success to Microsoft but has
contributed so much more to the world with his innovative
ideas and the desire to achieve his goals.
Bill Gates (2013). Famous Entrepreneurs website.
Retrieved Apr 23, 2013, from http://www.famous-entrepreneurs.com/bill-gates
35. J. W. Marriott
J. W Marriott was the founder, Chairman and CEO of Marriott
International, Inc. that is the world’s biggest hospitality company that
later became the largest food services and hotel chain turning him into
a billionaire.
Marriott’s portfolio includes a large range of lodging brands. Marriott
International works and franchises several luxury hotels and resorts
such as the Marriott, JW Marriott, Autograph Collection, The Ritz-
Carlton, Renaissance, Residence Inn, TownePlace Suites, AC Hotels
by Marriott, Courtyard, SpringHill Suites and Fairfield Inn and Suites.
It also includes the Bulgari brand names, Grand Residences and the
Ritz Carlton Designation Club, Marriott Vacation Club.
J.W Marriott died on 13th August 1985. With his hard work and
commitment to success Marriott turned his small beer stand to the
most profitable and diversified companies in the world. At the time of
his death Marriott International had 1400 restaurants and 143 resorts
and hotels. He had annual earnings of 4.5 billion dollars in revenue.
J.W. Marriott (2013). Famous Entrepreneurs website.
Retrieved Apr 23, 2013, from http://www.famous-entrepreneurs.com/j-w-marriott
36. Warren Buffett
Known as the ‘Miracle of Omaha’, Warren Buffet is the
chairman and chief executive officer of Berkshire Hathaway.
He is one of the wealthiest people of the world and a highly
successful investor of the twentieth century.
In 2008 Buffet was the ranked as the world’s richest person
and third richest in 2011. Listed in Time magazine’s ‘most
influential people of the world’, Buffet has made a mark for
himself due to his exceptional entrepreneurial skills.
In April he was diagnosed with prostate cancer for which he
was treated successfully. Buffet’s achievements have been
acknowledged with several honors. He was awarded the
Presidential Medal of Freedom by President Barack Obama.
Buffet was also termed as the most influential global thinker
in the 2010 report of Foreign Policy. According to Forbes his
net worth is almost 62 billion dollars.
Warren Buffett (2013). Famous Entrepreneurs website.
Retrieved Apr 23, 2013, from http://www.famous-entrepreneurs.com/Warren-Buffett
37. Walter Elias ‘Walt Disney’
Walter Elias ‘Walt Disney’ laid the foundations of a magical,
optimistic and whimsical world full of imagination many
decades ago that instantly won the audiences and the magic
of his creation is still alive today.
Walt had always wanted to start a theme park where children
could enjoy with their families, take fun rides and see their
favorite Disney characters. This dream became a reality in
1955 with the opening of Disney Land Park that entertains
worldwide tourists. Walt planned another Disney Land which
he could not see as the maker of the magical world died on
15th December 1966 due to lung cancer. His brother Roy
completed the Walt Disney World which opened in 1971.
Walt Disney (2013). Famous Entrepreneurs website.
Retrieved Apr 23, 2013, from http://www.famous-entrepreneurs.com/Walt-Disney
38. Larry Ellison
With a net worth of 41 billion dollars Larry Ellison is America’s third richest citizen. He
has acquired his wealth from his software company ‘Oracle Corporation’, in which he
owns a 22.5% stake.
Larry Ellison has the most exotic lifestyle. He owns several mansions, planes, yachts
and even islands.
He announced in June 2012 that he intended to buy 98% of the Hawaiian Island of
Lana’i that is currently in the ownership of Castle and Cookie (David Murdock’s
company).
It will cost him around $500M to $600M.
Since 2005, Ellison received a salary of $975k along with $6.5M in bonuses and other
benefits of $955k.
In 2007, these figures increased to a base salary of $100k, a bonus of $8.3M and other
compensation of $50M.
By 2009, he earned a total of $56.8M.
In the year 2000 he also became the world’s richest person for some time. According to
Forbes, Ellison is the richest Californian.
In 2010 he was included in Forbes list of billionaires as the 6th richest person of the world
and in 2012 he is the world’s 8th wealthiest person.
He signed the ‘Giving Pledge’ in 2010 becoming one of the 40 billionaires who have
signed it.
Larry Ellison. (2013). Famous Entrepreneurs website.
Retrieved Apr 23, 2013, from http://www.famous-entrepreneurs.com/Larry-Ellison
39. Paul Newman
The blue-eyed star of ‘Butch Cassidy and Sundance Kid’, one of the greatest
Hollywood stars of the 20th century, Paul Newman, is also an inspiration to the new
generation of entrepreneurs.
To the new generation who are not quite aware of the height of his success in films,
recognize him for ‘the guy who owns a food company’. Newman founded ‘Newman’s
Own’ in 1982. It was a brand that had begun with homemade salad dressings and
then grew to a successful food chain. Newman decided to donate all profits of this
chain, excluding taxes, to charity. The company has donated more than $300M to
various charities all over the world since its establishment in 1982.
An organic foods division of the company, named ‘Newman’s Own Organics’ started
in 1993 on the suggestion of his daughter which became a separate company in
2003; its profits are still donated to charity.
His food chain did not just have Newman’s name but it gave the people a quality
experience and that is what made it successful. One of Newman’s beneficiaries is ‘Hole in
the Wall Camps’ which are summer getaways for children with serious diseases. He was
also one of the founding members of ‘Committee Encouraging Corporate Philanthropy’
which was established in 1999.
This generous philanthropist, Magnetic Titan of Hollywood and highly successful
food entrepreneur died at the age of 83 on 26th September 2008.
Paul Newman. (2013). Famous Entrepreneurs website.
Retrieved Apr 23, 2013, from http://www.famous-entrepreneurs.com/Paul-Newman
40. Donald Trump
Donald Trump is an American business tycoon, author and TV
personality. With his long list of accomplishments the billionaire has
earned great success and fame in the world of business as a real estate
mogul.
He has marketed the Trump name on many projects like the Trump
Financial, Trump Sales and Leasing, Trump Entrepreneur Initiative,
Trump Restaurants, Donald J. Trump Signature Collection (menswear
line of accessories and watches), Donald Trump ‘The Fragrance’, Trump
‘The Game’ (a board game from 1989), Trump Steaks, Trump Magazine,
Trump Ice Bottled Water, Trump Golf and Trump Vodka. According to
Forbes the financial worth of the brand ‘Trump’ is $200M.
He gets $1.5M for an hour of presentation that he gives at the Learning
Annex. He also owns the Miss Universe Organization.
In 2003 he started producing and hosting the show ‘The Apprentice’
where his initial pay was $50K which has now increased to $3M per
episode. The ‘Forbes 400’ listed Trump to have a net worth of $2B that
Trump claimed to be over $5B.
Donald Trump. (2013). Famous Entrepreneurs website.
Retrieved Apr 23, 2013, from http://www.famous-entrepreneurs.com/Donald-Trump