Tags |
|
|
Links |
|
|
Actual for You - Entrepreneurs: Knowing Yourself Before Building Your Small Business
Headhunters are always looking to grow their supply of candidates, and regularly update their database of quality professionals. Getting onto that database is a key step towards obtaining an interview, and should be one of your priorities. To do that, you need to make yourself more marketable, and easier for a headhunter to work with.Because most placements are done on an assignment basis, some candidates will get nowhere if they are not seen as ideally suited for particular positions currently available.But a dynamic initial approach to the headhunter can make you stand out, and get you straight on to their list of “top-drawer” candidates - those who have priority when new career openings arise.To make the
Entrepreneurial Skill #7: Perseverance
Starting a business can be overwhelming. Getting the appropriate paperwork filed, developing your logo and other elements of your company identity, establishing a customer base, reinvesting in your business, and managing the demands of life outside of the business all take time and compete for your attention. It is important to determine the work-life balance you are seeking, flex as needed, and persevere despite challenges.
Four Routes to Entrepreneurial Success
In his book, 4 Routes
So many of us who have decided to do business online have no background in marketing or advertising. It can be so frustrating without any kind of guide.Here is a list of some textbook rules regarding marketing and advertising in general. These are important points that we should all keep in mind when promoting our offers:1. People don't like ads until they see something they want or need.2. Headlines should always illustrate the best, specific benefits of one's offer. Cryptic headlines might be fun, but they simply can't compare (in terms of results) to an honest headline that spells out your offer.3. Tell your prospects exactly what you want them to do. Don't assume that they know what the next step
Entrepreneurial Skill #1: Expertise and a Passionate Belief in Something
Most entrepreneurs begin business based on this trait alone. At least five to ten years of professional experience or more than 1,000 personal contacts are recommended. Your personal network will be a critical component to your earliest marketing efforts.
Running a full-time entrepreneurial business means accepting change and making sacrifices in pursuit of something you wholeheartedly believe in. Know what impact you want to make, what legacy you want your company to leave, and let that guide you in establishing your marketing message and building your business.
Entrepreneurial Skill #2: Expertise in Business
Regardless of the type of business you are starting, it is critical to understand the basics of business thinking. You may need help getting your records organized, learning elements of small business taxation, creating and interpreting your financial statements, or developing a strategic business plan, marketing plan, and financial plan. Take some small business courses, consult with an accountant and attorney who specialize in your field, or call the Small Business Administration for assistance.
Entrepreneurial Skill #3: A Customer Orientation
The most successful businesses in the world listen to their customers and make adjustments to meet their needs. Many companies uncover deep emotional needs and create new products and services to address them. Be sure to talk with your customers, as often as possible, and build long-term relationships with them over time.
Entrepreneurial Skill #4: Openness to Lifelong Learning
The business environment is constantly evolving, and to stay on top of your game, it is important to remain open to learning about new ideas and new technologies that can enhance your professional development and business growth. This may require you to participate in professional organizations, attend classes, read, or do research on the Internet or at your local library. Make sure you have the skills to learn and grow.
Entrepreneurial Skill #5: Be Willing to Sell Yourself
Every small business is intimately linked with its founder and top leadership. As you seek out ways to market your products and services, do not forget that you are also selling yourself: your expertise, your passion, your talents.
Entrepreneurial Skill #6: Positive Orientation toward Risk
Many large corporations watch the ranks of entrepreneurs to help them enter a new market. By buying up smaller companies that have already proven themselves, larger companies reduce their risk. Having a positive attitude about risk-taking is crucial to small business development. Remaining independent means you have given up the relative stability of corporate benefits programs and accepted a new lifestyle. Investing in your business wisely requires an understanding of market risk.
Entrepreneurial Skill #7: Perseverance
Starting a business can be overwhelming. Getting the appropriate paperwork filed, developing your logo and other elements of your company identity, establishing a customer base, reinvesting in your business, and managing the demands of life outside of the business all take time and compete for your attention. It is important to determine the work-life balance you are seeking, flex as needed, and persevere despite challenges.
Four Routes to Entrepreneurial Success
In his book, 4 Routes
You've made it past the interview and now you've been offered the job. You may think accepting the job is the easy part. But, when it comes to accepting a new position, you need to ask yourself what you are looking for besides salary. There are other factors you need to be aware of before accepting a new position. The truth is, there are a lot of things that go into a great job opportunity, and these are not always the same for everyone. Considering what you value in a job will help you make a successful decision.SalaryResearch the salary range for the position you are being offered. Determine how much you will need for bills, extra curricular activities and saving for the future. Once you have this a
Entrepreneurial Skill #2: Expertise in Business
Regardless of the type of business you are starting, it is critical to understand the basics of business thinking. You may need help getting your records organized, learning elements of small business taxation, creating and interpreting your financial statements, or developing a strategic business plan, marketing plan, and financial plan. Take some small business courses, consult with an accountant and attorney who specialize in your field, or call the Small Business Administration for assistance.
Entrepreneurial Skill #3: A Customer Orientation
The most successful businesses in the world listen to their customers and make adjustments to meet their needs. Many companies uncover deep emotional needs and create new products and services to address them. Be sure to talk with your customers, as often as possible, and build long-term relationships with them over time.
Entrepreneurial Skill #4: Openness to Lifelong Learning
The business environment is constantly evolving, and to stay on top of your game, it is important to remain open to learning about new ideas and new technologies that can enhance your professional development and business growth. This may require you to participate in professional organizations, attend classes, read, or do research on the Internet or at your local library. Make sure you have the skills to learn and grow.
Entrepreneurial Skill #5: Be Willing to Sell Yourself
Every small business is intimately linked with its founder and top leadership. As you seek out ways to market your products and services, do not forget that you are also selling yourself: your expertise, your passion, your talents.
Entrepreneurial Skill #6: Positive Orientation toward Risk
Many large corporations watch the ranks of entrepreneurs to help them enter a new market. By buying up smaller companies that have already proven themselves, larger companies reduce their risk. Having a positive attitude about risk-taking is crucial to small business development. Remaining independent means you have given up the relative stability of corporate benefits programs and accepted a new lifestyle. Investing in your business wisely requires an understanding of market risk.
Entrepreneurial Skill #7: Perseverance
Starting a business can be overwhelming. Getting the appropriate paperwork filed, developing your logo and other elements of your company identity, establishing a customer base, reinvesting in your business, and managing the demands of life outside of the business all take time and compete for your attention. It is important to determine the work-life balance you are seeking, flex as needed, and persevere despite challenges.
Four Routes to Entrepreneurial Success
In his book, 4 Routes
It’s about who you know, NOT what you know! But, what if you don't know anyone? Then what are you suppose to do? You suppose to go hunting and make contacts. When finding any job the first rule is to make looking for a job your JOB!Finding a Job Is Your JobIf you are unemployed then you should put aside at least 6-8 hours of each business day for applying to jobs, making contacts, interviewing, and staying on top of your industry. This strategy will always award you a job in less time. Your goal should be to apply to a minimum of 3 jobs per day. You should manage a list of contacts of everyone you directly or indirectly make contact with.If you already have a job, then you shouldn't be looking for a j
Entrepreneurial Skill #3: A Customer Orientation
The most successful businesses in the world listen to their customers and make adjustments to meet their needs. Many companies uncover deep emotional needs and create new products and services to address them. Be sure to talk with your customers, as often as possible, and build long-term relationships with them over time.
Entrepreneurial Skill #4: Openness to Lifelong Learning
The business environment is constantly evolving, and to stay on top of your game, it is important to remain open to learning about new ideas and new technologies that can enhance your professional development and business growth. This may require you to participate in professional organizations, attend classes, read, or do research on the Internet or at your local library. Make sure you have the skills to learn and grow.
Entrepreneurial Skill #5: Be Willing to Sell Yourself
Every small business is intimately linked with its founder and top leadership. As you seek out ways to market your products and services, do not forget that you are also selling yourself: your expertise, your passion, your talents.
Entrepreneurial Skill #6: Positive Orientation toward Risk
Many large corporations watch the ranks of entrepreneurs to help them enter a new market. By buying up smaller companies that have already proven themselves, larger companies reduce their risk. Having a positive attitude about risk-taking is crucial to small business development. Remaining independent means you have given up the relative stability of corporate benefits programs and accepted a new lifestyle. Investing in your business wisely requires an understanding of market risk.
Entrepreneurial Skill #7: Perseverance
Starting a business can be overwhelming. Getting the appropriate paperwork filed, developing your logo and other elements of your company identity, establishing a customer base, reinvesting in your business, and managing the demands of life outside of the business all take time and compete for your attention. It is important to determine the work-life balance you are seeking, flex as needed, and persevere despite challenges.
Four Routes to Entrepreneurial Success
In his book, 4 Routes
Q. I hate my job as a computer consultant. I am ready for a career change. The aptitude tests say I should be a recreation specialist. I like the idea but I dread returning to school for a new degree.A. Before you invest in a degree, try out the new career. A test drive will tell you
more than any pencil-and-paper test. Find two or three people who are doing what
you want to do and ask to spend a day or a week with them.If you like what you see, visit a few schools or universities that offer degrees in your
area of interest. Ask for names of people who have graduated one, three and five
years ago.Ask the alumni, "Did this degree help you get your job? Advance in your job?"Would you have done b
Entrepreneurial Skill #5: Be Willing to Sell Yourself
Every small business is intimately linked with its founder and top leadership. As you seek out ways to market your products and services, do not forget that you are also selling yourself: your expertise, your passion, your talents.
Entrepreneurial Skill #6: Positive Orientation toward Risk
Many large corporations watch the ranks of entrepreneurs to help them enter a new market. By buying up smaller companies that have already proven themselves, larger companies reduce their risk. Having a positive attitude about risk-taking is crucial to small business development. Remaining independent means you have given up the relative stability of corporate benefits programs and accepted a new lifestyle. Investing in your business wisely requires an understanding of market risk.
Entrepreneurial Skill #7: Perseverance
Starting a business can be overwhelming. Getting the appropriate paperwork filed, developing your logo and other elements of your company identity, establishing a customer base, reinvesting in your business, and managing the demands of life outside of the business all take time and compete for your attention. It is important to determine the work-life balance you are seeking, flex as needed, and persevere despite challenges.
Four Routes to Entrepreneurial Success
In his book, 4 Routes
Some companies deal in designing bar code labels and selling them to other establishments. These bar code label manufacturers print both preprinted and custom designed labels according to the specifications provided by the ordering company.Preprinted labels are ready to use labels that are sold in the market. They are available in bundles of 100, 250, 500, etc. Bar code label manufacturers create preprinted labels with technologies such as reflective printing or photocomposition. Photocomposition is an expensive process, but it produces almost authentic and high quality bar codes. Bar code labels made by photocomposition are sold at higher prices than reflective labels. Companies that do not have their own bar coding equi
Entrepreneurial Skill #7: Perseverance
Starting a business can be overwhelming. Getting the appropriate paperwork filed, developing your logo and other elements of your company identity, establishing a customer base, reinvesting in your business, and managing the demands of life outside of the business all take time and compete for your attention. It is important to determine the work-life balance you are seeking, flex as needed, and persevere despite challenges.
Four Routes to Entrepreneurial Success
In his book, 4 Routes to Entrepreneurial Success, John B. Miner identifies four paths to entrepreneurial success based on what drives the company’s founder: the personal achiever entrepreneur, the supersalesperson entrepreneur, the real manager entrepreneur, and the expert idea generator entrepreneur.
The personal achiever is devoted to building the business, working long hours, seeking out feedback, planning for the future, and working toward goals while also managing crises. The achiever tends to have a broad base of skills and be good at everything.
Supersalespeople are particularly adept at the soft-sell, tapping into the emotional element of a product or service. If this is you, seeking out management assistance and focusing on customer relationship development may be your best bet.
The real manager feels at home in a hierarchical, competitive business where logic and decisiveness are valued and has a knack for managing ventures to achieve major growth.
Supersalespeople and real managers may do well as business partners, particularly for service-oriented businesses.
Idea generators are the kings and queens of innovation. They make new connections and invent new solutions, develop new processes, find new market niches, and otherwise out-think the competition. Idea generators are visionaries; they need to exercise caution in the pursuit of new inventions, planning a little before proceeding.
Whether you see yourself in these four profiles or consider yourself a different type of entrepreneur, it is crucial to maintain awareness of your strengths and weaknesses throughout the development of your enterprise. The seven entrepreneurial traits identified above are a good starting point in knowing yourself.
RESOURCES:
Miner, John B., 4 Routes to Entrepreneurial Success, Berrett-Kohler Publishers, Inc., 1996.
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.actual4u.com/article/17306/actual4u-Entrepreneurs-Knowing-Yourself-Before-Building-Your-Small-Business.html">Entrepreneurs: Knowing Yourself Before Building Your Small Business</a>
BB link (for phorums):
[url=http://www.actual4u.com/article/17306/actual4u-Entrepreneurs-Knowing-Yourself-Before-Building-Your-Small-Business.html]Entrepreneurs: Knowing Yourself Before Building Your Small Business[/url]
Related Articles:
Simple Classified Ads Writing Techniques That Get Your Phone Ringing Non-stop
5 Tips to Choose the Best Home Business Opportunity
Bookmark it:
|