National wealth is based on private enterprise. It is an incontrovertible fact. The basic building blocks of wealth and prosperity for all nations has been private enterprise. Without private enterprise there would be no money for governments to fund infrastructure, health or education, and without private enterprise unemployment throughout the world would be at sky high levels. Business is also vital for our standard of Read More »
To effectively plan for the growth of a business an entrepreneur has to zero in on the origination of the business. This is important is because you need to orient yourself to the preliminary stages of your business prior to putting yourself on a continued path of success. Think of it a retrospective look with an inclination towards the future. Some say: “the best way Read More »
This is one way to approach the whole of business startup, I think. In fact, it is one way of considering your value proposition. If your business is not worth talking about, then you should probably not start at all. But your business is worth talking about. Avoid second-hand stories, because yours must differentiate you. They have to be good stories and have a purposeful Read More »
Are you thinking about quitting your job? Want to start a new venture? Don’t know where to start? Many people think that quitting your job means that you become unemployed. This could not be further from the truth. The mindset involved in being an entrepreneur and being unemployed are substantially different. For starters, the entrepreneur has a growth mindset. She wants to succeed, sees the Read More »
Conserve Cash by Hiring Nobody Don’t let naysayers or problems hold you back. Maintain your passion and clear your head. You can start your business if you focus on your offer, not building an empire. Cash flow is precious when you start a business. Hiring staff can be costly: there’s salaries and payroll costs, but you’ll also be concerned about paying staff regularly when you Read More »
In our Entrepreneur classes, I often hear new members rattle on about their expertise. For many experienced professionals, it is hard to realize that their professional status carries less effect in the ‘real world’. They don’t realize that having professional qualifications and degrees does not really position them to be successful in entrepreneurial ventures. Indeed, it is likely that having expert degrees has no effect, Read More »
I had been dreading to make the call for almost a week. I knew I needed to do it, but just didn’t have the courage. For seven years I worked my ass off in my company, raised over $1MM and grew my green retail stores into probably the largest in the country at that time. We had become an international sensation with media from all Read More »