There is perhaps no other single factor that contributes to the failure of small business as much as a lack of market research. Small business success isn’t something that happens by accident. Success is a result of conscientious market research and copious planning. Entrepreneurs are optimistic by nature. They tend to [...]
Tags: competitive research, market research, small business planning, target market
If you feel your destiny is to join the ranks of the self-employed, that’s fantastic. You’re going to need a lot more than a desire to live out your destiny and good luck to make a start-up venture successful. Before you hop onto the entrepreneur train, there are some important things to think about [...]
Tags: entrepreneur, self-employed, small business
Starting a small business isn’t easy. If it were, everyone would do it. Moreover, if running a startup were easy, a much higher percentage of small businesses would succeed. The sad, and often discouraging, reality is that the majority of small businesses fail. Anyone who tries to tell you that there [...]
When you form an image of the quintessential American Dream, what do you see? If you’re like many of us, owning your own business is a part of that picture. In a world seemingly controlled by corporate greed and avarice-driven, overpaid corporate executives, our role as “the employee” is less appealing than ever [...]
Tags: be your own boss, Entrepreneurs
In today’s economic climate, amidst layoffs, downsizing and the general tightening of corporate belts in order to maintain bottom line profit margins, more and more people are choosing to see this as an opportunity to follow their dreams of becoming a small business owner.
Don’t Jump The Entrepreneurial Shark On A Whim
Before quitting your day job [...]
Tags: business owner, entrepreneur, small business
When writing a business plan there are a ton of things to consider. The business plan takes into consideration all aspects of the business venture from rent to payroll to utilities to office expenses. There are three absolutely critical financial statements that should be included with every business plan.
Cash Flow Statement
The cash flow [...]
Tags: balance sheet, business plans, cash flow statement, financial statements, income statement
Historically, entrepreneurship has always been male-dominated, but today things are changing for the better for women. There has been an encouraging upturn of women entrepreneurs in the past decade and some of the most influential and inspirational entrepreneurs today are women.
A recent U.S. national poll revealed the most admired entrepreneur to be…. Any guesses?
Oprah [...]
Tags: most admired entrepreneurs, women entrepreneurs
Great business ideas–is there anything better, or more exciting, to an entrepreneur? For Web-based business owners sometimes there’s too much of a good thing.
Tags: business ideas, Featured, online business ideas, Productivity, small business ideas
Billionaires are getting younger! These young billionaires stand out amongst hundreds of billionaires in their age group. They are different from those that inherited their billions, because they started their own businesses and built them from ground up to reach the peak.
Marc Zuckerberg – United States, Age: 23
Facebook has attracted more users than [...]
Tags: The World’s Youngest Self-Made Billionaires!
