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Richard Branson, billionaire founder of Virgin Records and Virgin Atlantic Airlines, may be better known for his efforts to circle the globe in a hot-air balloon than for his business successes. He suggests that ?Being an adventurer and an entrepreneur are similar? You?re willing to go where most people won?t dare.?

The Business Leader as Ultramarathoner


Have you ever heard of an ultramarathon? A standard marathon is just over 26 miles. An ultramarathon is usually on the order of 50 or 100 miles, though there are some that span one thousand! Imagine the endurance required to run such a race.

Lets Not Forget About The Little Guy


Every business has to start somewhere. What truly makes this country great is the freedom of enterprenuership that every one of its citizens have. Capitalism at its best signifies the power of a single person to reach monumental goals and turning a simple idea into a huge corporation. But in our pursuit of this glorified state, have we snubbed the little guy?

Evaluating an Opportunity


Business opportunities are often based on broad trends, such as:

Motivation and Commitment


Why do people start small businesses? The most frequently cited motivation for business start-ups is to allow the entrepreneur to achieve independence; money is secondary. Is this surprising? The other reasons named most often are that an opportunity presented itself, a person took over the family business, or the person simply wanted to be an entrepreneur. Identify your motivation.

Selecting a Venture


The basic rule is simple: "Find a market need and fill it!" The process of finding the need, and the method chosen to fill it are where the difficulties arise.

The Role of Statistics in Prospect Modeling


Identifying prospects has come a long way since the days of simple list buying. With the hype flying fast and furious, sometimes it?s difficult to sort out truth from fiction and to put things in the proper perspective. Without worshipping buzzwords, however, two of the most important developments in recent years have been the rise of statistics and databases. These have allowed companies to create more accurate profiles of their prospects, even giving rise to the term ?prospect modeling? itself. Let?s see how these two developments have helped shape prospect modeling.

Venture Capital Negotiating Issues


When companies enter into negotiations with venture capital firms, there are several issues which need to be defined and agreed upon. This article describes the key issues.

The Business and Life You Want to Build


In the early days of my first consulting business, I knew I needed some sort of plan to give me the greatest chance at success. I took many a wrong step, yet in the end I managed to put a solid business together.

An Entrepreneurs Challenge


Living in the twilight zone has its advantages. In the early days of starting my business, I found the limitations of living in a rural area to be restrictive. However, later I realized that those limitations were not an obstacle that could stop me; they were only a challenge that would strengthen me. Since my business would be smaller, I would have the advantage of fewer employees and less strife in the processes of doing business.

Competitive Edge


In his book, The Road Ahead, Bill Gates of Microsoft writes of ?friction-free capitalism? made possible by developments in communications, chief among them the Internet and its World Wide Web. In this context, ?friction? is everything that keeps markets from functioning as the ?perfect competition? of economics textbooks. This friction can be a function of distance between buyer and seller, costs of overcoming this distance, and incomplete or incorrect information.

Business Planning Overview


The successful entrepreneur is generally more inclined, once a business idea is selected, to sharpen the concept by a detailed planning process. The result of this step is a comprehensive business plan, with its major components being the marketing "mix," the strategic plan, operational and logistical structures, and the financial proposal. The purpose of the business plan is to recognize and define a business opportunity, describe how that opportunity will be seized by the management team, and to demonstrate that the business is feasible and worth the effort.

Confidence = Preparation + Courage


It always amazes me when I see someone on television holding a press conference ? a lawyer outside a courtroom, a businessperson at the launch of a new product. Reporters ask hardball questions. The answers are given with conviction, without hesitation. The person being questioned exhibits supreme confidence. Where does that confidence come from? How do they get it? What lessons are there for those of us who also have to face difficult circumstances and need that same, high level of confidence?

The History of the Franchise Business - Learning about Business Opportunities by Looking at the Past


Hair care has been around as long as humans have been on the planet. The earliest record of personal hair care dates back 2.5 million years ago, when brushes used to create cave paintings in Spain and France were adapted for use in hair grooming. Interestingly, many of the innovations in hair design that are still used today originated in the late 19th century.

Three Cs - What Startups Need to Get a Business Loan, Part 1


You want to get a good, solid overview of what it takes to acquire that business loan you need, especially if you are a startup. The essential element of what the lenders out there require of you can be wrapped up in the acronym, C. C. C. These are...

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Capitalism, Invention, Innovation and Entrepreneurialism: Words That Do Have ...
Forbes
It's terribly important to remember that words do in fact have specific meanings. For if we forget it then we end up driving around in circles as this Washington Post piece does. It's titled “The end of lone-wolf capitalism” but that's not the fault of ...



Lady Gaga's Social Network, The Tween Dating Scene, Social Entrepreneurialism
Business 2 Community
By Melanie Shreffler, Published February 8, 2012 As if we need more social networks to follow, Lady Gaga (has just unveiled LittleMonsters.com her very own social site that's all about her and her fans. If you haven't received your invite yet, ...



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MarketWatch (press release)
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UW Oshkosh Today

Courage, innovation, entrepreneurialism fuel UWO growth in challenging conditions
UW Oshkosh Today
By News Bureau 18 January 2012 No Comment Print this story In the 2010-2011 academic year, the UW System, along with University of Wisconsin Oshkosh's faculty, staff and students were challenged continuously by dramatic decreases in state funding in a ...

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Carol Hanashy Turns Her Passion for Creativity Into an Online Business
Patch.com
Now Hanashy has turned that creative spirit and combined it with a bit of entrepreneurialism and created fancyfingernails.com to sell nail accessory kits. “I started getting all these women asking me 'your nails look beautiful, what did you do?



Creative Boom

North West Shines in Digital Entrepreneur Awards
Creative Boom
The winners of the UK's only national awards dedicated to internet entrepreneurialism have been announced this week with four North West firms heralded as the best in the industry. Manchester-based design and technical consultancy Building Blocks ...



University admins terminate Chi Theta Chi lease
The Stanford Daily
... to accomplish what they've been trying to do for years: snuff out the co-op simply because it doesn't vibe with Stanford's truly nauseating culture of conformity masquerading as silicon-valley entrepreneurialism ”Oh, look at my fucking startup.

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Wendy Tan-White Helps UK Prime Minister Launch "Business in You" Campaign to ...
The NextWomen Business Magazine
Moonfruit.com, the UK's largest DIY website builder, is one of the first businesses selected to take part in a major new campaign by the UK Department of Business, Innovation and Skills. The campaign is aimed at inspiring people to start or grow their ...



ITP.net

The revolution in Egypt has given way to a new sense of technology ...
ITP.net
By Daniel Shane Published January 30, 2012 If there was one surprise outcome of last February's Egyptian revolution, it was the role of the internet as a catalyst for political change. With social networks like Twitter and Facebook, Egyptian internet ...

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OregonLive.com

New age of black entrepreneurship called for at 26th King Breakfast in Portland
OregonLive.com
By Cornelius Swart, Special to The Oregonian View full size Cornelius Swart/Special to The OregonianMike Green, Huffington Post columnist and CEO of BlackInnovation.org, said black entrepreneurialism is the social justice cause of the day for African ...


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