Entrepreneurship Articles

Companies seeking capital often ask how long the Executive Summary of their business plan should be. The answer depends upon the use of the summary, mainly determining if 1) it precedes the full business plan, or 2) it will be used as a stand-alone d...

Leadership is based on two words, "pressure and support"and that the leadership is the power to influence people to move in a direction that you believe in your heart is a good direction for most people" (Fennell, 1999, p. 267). Adams and Yoder not...

How long should a business plan be? A business plan needs to be whatever length is required to excite the investor, prove that management truly understands the market, and detail the execution strategy. From surveys of investor needs, Growthink has f...

While it is tempting to just leap into a new business because of it's exciting possibilities, a few key planning points will vastly increase your chances of success. These steps aren't difficult, but they're easy to skip. Many businesses ultimately...

Anyone who is serious about making some money is already very well aware of the fact that it takes some type of investment to make this happen. I've read a lot of copy that suggests one can build a business for free, if they are willing to spend an e...

What's a niche? Dictionary.com provides a great, twofold definition: "A situation or activity specially suited to a person's interests, abilities, or nature." "A special area of demand for a product or service." It's safe to say you will be most suc...

If you have a business idea, or an idea for a service for your community, there's one decision you must make early on: are you going to structure your project as a for-profit business, or as a non-profit corporation? Now, it may be that you already ...

"The expectations of life depend upon diligence; the mechanic that would perfect his work must first sharpen his tools." - Confucius Chinese people are well-renowned for their industriousness and extraordinary minds for business. Cases of our Chines...

As you have shown an interest in starting a business of your own it would be safe to assume that you want to change your life. You want more money - more control over your life - more respect. But just as we each have a dream, we also have a reali...

Great question! Overwhelm is very common even among the most veteran entrepreneurs, so take solace in the fact that you are not alone. With the ever-increasing numbers of new entrepreneurial endeavors, and therefore new entrepreneurs, there are ma...

Mission Viejo, CA - June 14, 2005 - Bob Meyer, a former major league pitcher in the 1960s who signed four-consecutive major league contracts with the New York Yankees, is now the most visible spokesman for the worldwide commercial barter industry. Me...

I think it's fair to say that not everyone is cut out to be a successful business owner, now some of you maybe disputing this statement but hear me out. I'm not saying that if you put a person in the perfect business environment that they won't succe...

Q: I'm graduating this year with a degree in business and would like to start my own business rather than get a corporate job. I have a few business ideas, but none of them really gets me excited. Should I just put my business plans on hold and get a...

Q: I started my business about a year ago and everything is going fine. We're growing and making a profit, but the stress of running the business is really starting to get to me. I spend more time worrying than working. Sometimes the pressure is almo...

Q: I'm thinking about starting a business after I retire next month. I'll be 65. Am I too old to start a business? -- Milton A. A: Milton, congratulations on your pending retirement. I find it admirable that after many years of hard work you are thi...

When I'm not running my own business, writing articles about business, speaking to groups and organizations about business, or consulting with companies who want my advice about the running of their business, I teach a weekly class on the subject of ...

Q: I want to start my own business. I have tons of business ideas that all sound great to me, but my husband is not so sure. He says that we need to figure out a way to test my ideas to pick the one that has the best chance of succeeding. I'm ready t...

Purveyors of conventional wisdom would have you believe that the very first thing you ought to do when setting up a new business is to create a business plan. It doesn't matter whether you are selling odds and ends on eBay from your living room or so...

Widget sales are booming - the competition is scrambling, demand is up, and the books are finally treading water. Your core management team has big ideas for the future of Widget Inc. Opportunity is abundant; but how will you fund that next big lea...

Who would ever have imagined that going door-to-door in my neighborhood selling figs from a bright orange shopping cart would have been my entrepreneurial beginnings? I surely did not. But, now that I look back and also look around me at other bus...

Isn't it funny how people think that being self-employed is so cool? They think that you get to take lots of vacation time and spend all of the profits. What they don't realize is that you put in outrageous amounts of blood, sweat, and tears to get...

Q: When it comes to succeeding in business, which do you think is more important: education or experience? -- Regina M. A: Regina, have you seen the television show, Fear Factor? If you haven't seen it you've probably heard about it. Fear Factor is t...

Q: I am interested in starting my own business. I have a business degree and lots of experience in my chosen field, but I don't know if I have the necessary skills to really make it on my own. Any advice? Marie C. A: You've hit the nail on the head, ...

Enjoying the title of entrepreneur is a hollow feeling. If you have ever been out of work and joined a multi level marketing outfit, or joined the ranks of "commission only" sales reps you are considered to be an entrepreneur. I call it hollow, becau...

The success and failure for the entrepreneur is largely dictated by the ability to gain access to resources, both personal as well as those of others. So the big question is then 'how does one become more resourceful?' Like many of the skills of the...

When I got into business I wanted to build a company, which helped people and provide a product and service that people loved and were willing to pay for; one I would not have to sell or convince anyone of. Something that people truly wanted to exten...

You've seen plenty of articles claiming to offer you the secret to getting rich. Some ideas, however, are thin veneers covering some scheme that often involves multi-level marketing or a service with questionable intents. Recently I discovered a s...

Deep down inside each of us has an entrepreneurial spirit. The term entrepreneurship doesn't apply strictly to our careers and the way we go about making money; it applies to every part of our life. "What?" you ask. Did someone change the definition ...

Here's a real simple way to become wealthy. Marty and his wife live at home with their 2 children. They own a 3 bedroom house in a middle class neighborhood and try to live within their means. Marty works full time in the Printing Industry, while his...

If you are not happy, you need to get that fixed. If you are not rich, you are not happy. Seems like a bold statement to make, doesn't it? How many millions of people are doing a job that they just hate? My guess is that that number is probably too h...