By Jay Maharjan
The principle of entrepreneurship still applies in principle, but the medium has changed drastically. This is probably the best time in our history to pursue entrepreneurship. Entrepreneurs are defying the logic and business rationale to make things happen individually. Gone are the days when you needed huge capital and veteran management teams to form companies and to wait for another several years to rake in the profit. Continue reading »
By Leon Van Der Walt
Herb Kelleher is the co-founder of South West Airlines. From its inception and first flight in 1971 Herb has put his personal stamp and values on the company to make it one of the most respected airlines in the world. Here are five lessons that we can learn from the example that Herb has set.
1. People first – “The business of business is people.”
By focusing on getting the right employees in the right positions, Herb Kelleher has succeeded in making South West Airlines the number one airline in the US when it comes to customer service. It is in most people’s nature to want to be helpful and when employees feel valued and empowered a natural outcome is that they take care of their customers. Continue reading »
By: Carolyn Roark
Recently Dr. Carolyn Roark met with Rick Cherwitz at the University of Texas. She kindly provided the following observations and interview with Dr. Cherwitz.
Five years into my graduate work at UT-Austin, I had the disturbing realization that I didn’t really fit in with the profile of my program. I didn’t want what the other doc students wanted (a job at a major research institution) but was unsure how to go after what I did want (a job as an editor or as a teacher at a smaller, liberal arts school). I was looking for a way to take ownership of my own education, and for access to something that might help me find the path to the careers that really appealed to me. In UT’s fledgling entrepreneurship program, I found those things; more, I encountered mentorship that encouraged me to get beyond just job prospects in my thinking about my life and where it might lead. Continue reading »
By: Calvin Bacon
If you are an entrepreneur who is seriously considering peer-to-peer lenders, the next question is which one should you pick. While there are many peer-to-peer lenders available, this article will compare three popular lenders as an example of how you might compare your choices. Before I even begin on the topic, let me qualify the information here by stating that lending rates and conditions change frequently, so to really know your situation, you must check with the lender for their current terms. Continue reading »
By: Calvin Bacon
Funding a new idea or a new venture is always a challenge, particularly before the idea has become a reality. Sometimes it seems like the typical catch-22. You must have the funding before you can develop the idea, but you must have a developed idea before you can get the funding. If you are faced with this situation and you only need a small amount of money to get started, you should consider peer-to-peer lending as an alternative to traditional funding sources.
By: Peter Adebi
The brightest business ideas and strategies will fail or yield suboptimal results in an obstructive culture. Resistance to change, territoriality, silo mentality, lack of trust, fear, unidirectional communication, inbreeding, blame game, egomania (sense of invincibility, of always being right, often leading to disregard for warnings, due process and the law) and limited leadership gene pools have prevented — and continue to prevent — some organizations from achieving the desired level of success. Continue reading »
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