Entrepreneurship

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What Special Qualities Does it Take to Become an Entrepreneur?

Why can't anyone become an entrepreneur? What does it take? How often do we look at someone who has their own business and say--I could do that. But can you? It is a lot harder than it looks.

Entrepreneurs who make it, work extremely hard and long in order to do so. Here are some tips to help make you successful.

Do You Have a Vision for Your Business? 



What is your vision? Without a vision, you cannot be an entrepreneur. In order for an entrepreneur to succeed, they must know what they are working to achieve.

Is your vision concrete? Is it finite? Is it achievable?

Is it clear in your mind?

Take the time to clearly define your vision. This is vital when starting your own business.

Deby Cowdin at her booth at a show

One Method of Focusing on Your Business Vision 

What Deby Cowdin Does

My friend, Deby Cowdin, runs a successful small business out of her home called From The Blue Bag. She sells recycled alcohol bottles that have been flattened and turned into functional dishware.

Deby has a big white board up in her office with pictures of all of the things in her vision. The most notable is an appearance on the Oprah show.

Every day Deby can see her board as she sits at her desk doing her work. That is how she keeps her vision foremost in her mind.

Vision and Business 

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Finding Your Vision Through Journaling 

True Vision: Authentic Art Journaling

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What is Your Goal for Your Business? 



Okay, you have a vision. It is clear in your mind. You have written it down. You know what you are going to achieve.

Now, let's break it down into goals that you can strive for.

What is your goal? Where do you want to be in 1 month? In 6 months? In one year?

Consider your resources--time, money and whatever else you would need to reach your goal.

Think hard because this is what you are going to be spending your time on.

Now double check, does your goal help you reach your vision?

An Entrepreneur's Guide 

This is a great introduction to becoming an entrepreneur.

How to Make Millions with Your Ideas: An Entrepreneur's Guide

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What Personality Traits are Common in Entrepreneurs? 


Entrepreneurs may look very different on the outside, but inside they have many traits in common.

They are goal oriented.

They do not take no for an answer.

They are problem solvers.

They are risk takers.

They are leaders.

They know their own minds.

They are opinionated.

They are forward looking.

Do You Have What it Takes to Own Your Own Business? 

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How to Run Your Own Business 

A Start to Your Startup

Entrepreneur's Notebook: Practical Advice for Starting a New Business Venture by Steven K. Gold

Entrepreneur's Notebook: Practical Advice for Starting a New Business Venture by Steven K. Gold

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Ladies Who Launch: Embracing Entrepreneurship & Creativity as a Lifestyle by Victoria Colligan, Beth Schoenfeldt, Amy Swift

Ladies Who Launch: Embracing Entrepreneurship & Creativity as a Lifestyle by Victoria Colligan, Beth Schoenfeldt, Amy Swift

Ladies Who Launch is the first company to define t more...0 points

The Complete Idiot's Guide to Starting Your Own Business, 5th Edition (Complete Idiot's Guide to) by Edward Paulson

The Complete Idiot's Guide to Starting Your Own Business, 5th Edition (Complete Idiot's Guide to) by Edward Paulson

Added value CD-ROM included! Newly revised for th more...0 points

What No One Ever Tells You about Starting Your Own Business: Real-Life Start-Up Advice from 101 Successful Entrepreneurs (What No One Ever Tells You About Starting Your Own Business) by Jan Norman

What No One Ever Tells You about Starting Your Own Business: Real-Life Start-Up Advice from 101 Successful Entrepreneurs (What No One Ever Tells You About Starting Your Own Business) by Jan Norman

An updated picture of the trials and triumphs of t more...0 points

Legal Forms for Starting & Running a Small Business by Fred S. Steingold

Legal Forms for Starting & Running a Small Business by Fred S. Steingold

The legal documents you need on any given day! Lik more...0 points

The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael E. Gerber

The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael E. Gerber

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Start Your Own Business (Start Your Own) by Rieva Lesonsky

Start Your Own Business (Start Your Own) by Rieva Lesonsky

YOUR ROAD MAP to BUSINESS SUCCESS From the editors more...0 points

Planning a Business Strategy 


This is the next step. How will you reach your goal?

You need to plan a step by step strategy to get there.

Realize that your strategy may not work exactly as planned and look for areas that you may need contingencies.

This is your plan of action. What baby steps will get you to your goal?

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Writing a Business Plan 

Critical to Any Business

Writing a business plan for your business is critical. It will help you organize your plans and is required for any loan or grant applications. It also forces you to think through your plans in a businesslike, strategic fashion.

Writing a business plan takes some time, and research. The first time will probably be a bear, so don't do it by yourself. Get help from your accountant, and a mentor. There are also some great sites to help online, and many are free or almost free.

The best place to start is the Small Business Administration. They have lots of resources for small businesses including an outline for the business plan. This is a U.S. Government site but anyone can use the information.

If you like to use a book, the Dummies Series has a Business Plan for Dummies that is easy to follow and only costs about $20.

Business Plan for Dummies 

A Good Guide for Beginners

Business Plans For Dummies

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What is Most Important for Business? 

What Do You Think is Most Important to Start Your Own Business?

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Grit and Determination

Margo_Arrowsmith says:

Many businesses and even empires have been started with no money, many businesses that have tons of money have failed.

It isn't even a question, grit and determination are more important than money.

Money

 

Other Lenses About Entrepreneurship 

Help Inner City Kids Get the Step Up They Need 

Since 1971, Inner-City Scholarship Fund has invested in the education of more than 116,000 students who live in some of the poorest neighborhoods. Today, 99% of our high school seniors graduate and of these 95% go on to college.

We at Squidoo passionately believe in creating new ways to support good causes online. By making a donation to Inner-City Scholarship Fund from this page, you are sending money directly to that organization, in whatever amount you want. We don't touch it. We don't even see it. The author of this page doesn't either. And if you made it this far, thanks for caring.

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The Story of One Start Up Business 

St. Aubyn's Pride Gourmet Sauces

In Cleveland, Ohio, a high school Spanish teacher, Susan St. Aubyn loved to cook, so she decided to turn her love of cooking into a business. She started a business with one sauce that she was always asked to make by her family and friends.

Now, less than a year later, her business has expanded to six gourmet sauces. She is selling to one large local grocery chain, and several smaller stores, as well as stores in other states as well.

Susan believes that this will be her last year as a teacher, and she will be able to make a full time living selling her sauces.

Susan St. Aubyn with her parents

My Experience as an Entrepreneur 

Running a Gallery

I have been an entrepreneur now for three years. I am the owner of a small local art gallery, Lake Erie Artists Gallery, in Cleveland, Ohio. Being an entrepreneur is completely different than working for someone else.

As a small business owner, I am responsible for everything. And I have so many hats that I can't possibly count them all. I am the owner, the sales manager, the bookkeeper, the maintenance person, etc. I can only rely on myself, there is no one else above me. However, it is freeing to be able to make your own decisions, and mistakes. It is exciting, scary, and a wild ride.

Businesses go up and down because of many factors that are often out of your control, and you have to learn not to take things personally. You should know yourself well, admit your weak areas, and as much as possible, delegate those tasks to others.

If you want to start a business, choose something that you love and have a passion for. That passion may be the only thing that keeps you going at times.

Follow My Blog--Day to Day Operations for One Entrepreneur 

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Have You Started Your Own Business or Do You Know Someone Who Has? 

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Other Lenses About Entrepreneurs by Paula Atwell 

 

Top 5 Books for Entrepreneurs from 2009
This list seems composed of 4 books that are too abstract and one that builds real skills. Thinking about books for entrepreneurs, at least for me, one needs to be very pragmatic, that's how I aproached my list of entrepreneur books. ...
"Entrepreneurs are accustomed to a manic-depressive economy ...
Central banks are responsible for the bubble of the last decade: they inject credit into the economy at extremely low interest rates, and entrepreneurs rush to invest in nonviable projects. ...
How Female Entrepreneurs Can Eliminate Stress and Live a Balanced ...
Female entrepreneurs have the best of both worlds. They're able to live their life as they choose, striving to attain their goals, hopes and dreams. Of.
Year of the Entrepreneur: Launch a Candle Manufacturing Company as ...
To become a successful entrepreneur candlemaker tools will include heating source, wax, molds, pans, wicks, dyes, scents, and pans.

About lakeerieartists 

Lensmaster lakeerieartists has been a member since June 5 2008, has rated 2,105 lenses, favorited 133, and has created 260 lenses from scratch. This member's top-ranked page is "Making your First Lens Mentor". See all my lenses

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