How To Become A Successful Entrepreneur Today!

To become a successful entrepreneur takes failure. You have to be willing to accept it and learn to make yourself better. Through experience and knowledge you will find making a certain business entity successful, as opposed to failing, is much easier to create.

When you are an entrepreneur, you are constantly learning. You are constantly looking up new things on how to add to your business. It is important that you are logical on who feeds you information, because you can find yourself in traps that are hard to get out of.

Let me give you an example as it has happened to many people who are trying to become an entrepreneur. The internet world is often times misunderstood. This leaves a gray area for sales representatives from other companies to take advantage of you. The most important thing that any business needs is leads. People to talk to and potentially buy their product. These sales reps operating in this gray area are very aware of this concept and modify their pitch to reflect how successful you will be. This shifts the attention from the work that is actually being done to what could possibly be obtained. So to get to the example, it is not uncommon for someone to be paying $1,000 a month for search engine optimization to be done. However, some companies can put your company in severe risk if they are not following guidelines that are implemented and banned from sources like Google. There are many businesses out there who have shelled out tons of cash only to find their site banned a couple of months down the road.

So the first thing to do when you are looking to be a successful entrepreneur is to become aware of what works and what does not. There are trustworthy sites that you can go to get your information. When you are looking for information, look for sites that have a.gov attached to them or a reference to the actual business you are addressing like Google.

SBA.gov is a great source. Google Webmaster Guidelines is another place to gain the most useful information for if you are looking to create results with Google.

The list can go on and on, but look at the difference in who is feeding you information as opposed to a company who is just trying to sell you their product. This will most definitely save you time, energy, aggravation, and money in the long run. Read up on some material and pretend that you know what you are talking about. If you know more than the sales rep, then it is probably not the best solution for your business. If they can take a concept and explain it more in depth, then they are most likely a better company to work with. The companies who create results will take the time to educate their employees. The companies who are interested in only your money do not really care what the sales rep says to get the deal.

So the number one thing is to be aware that these things exist and to be precautionary moving forward with them. Even if you have everything else running perfectly, these mistakes can put you out of business.

Another important factor to mention is, “If it’s not broke, don’t fix it.” When you are first starting a business, you often times have ideas on what will work. The only problem is that you have no data to backup your statements. There is a time to try and a time to copy. Most successful entrepreneurs will start to work off of a strategy that they know creates results and then build off of that after they have money coming in. Most of the time, there is another business out there just like yours. They offer very similar products and have the same market to compete in. Take the time to look into their strategies. Find out what is working and what is not. This will be the shortest way to actually get the business rolling.

No matter what business model you decide to take on, the most important thing for any entrepreneur is to remain active. This is your lifeline and no one else’s. You cannot sit back and rely on someone to do everything for you. You need to engage yourself in the business every single day until it is operating how you need it to. At that point, you will have the opportunity to sit back and enjoy. It’s important that you are honest with yourself and what you are willing to do to achieve your success. Otherwise, you will try to cast blame unto others and be left with a failing business.

There are other articles out there that can help guide you on if becoming an entrepreneur is the right decision for you. Once again, be completely honest when you are answering the questions. Some people think they want to be an entrepreneur, but don’t have the drive or the capability of actually doing it. This leaves them in a worse position than sticking to their normal routine of 9-5 with a company.

There are certainly other factors to consider when looking to become an entrepreneur, such as legal business filing and merchant accounts, but these sources and mindset will help lead you in the right direction. We are certainly here to help guide you through the process as well. Please feel free to click on the link below and we are more than happy to work with you in creating your dreams.

CLICK HERE

In the meantime, we wish you and your business the most success in 2014.

Best,
Chris Ellis

Entrepreneurship – Who Is An Entrepreneur?

I came to realize that entrepreneurship has been there for so many years and that there are many people who cannot define correctly who an entrepreneur is. This is because there is a disagreement of whether entrepreneurs are born or made. By the way, are entrepreneurs born or made? I’m afraid if we start this discussion we might not come to a conclusion.

Why is it that there is no universal agreement whether entrepreneurs are born or made? First, entrepreneurs are born because there are some people who have come up with new business ideas that are currently recognized as successful businesses but these people were never educated on how to become entrepreneurs. On the other hand entrepreneurs are made because there are some successful entrepreneurs who have studied entrepreneurship courses (diploma and degree programs) offered by colleges and universities.

Is it true that people have not succeeded in defining who a true entrepreneur is?

My own personal experience was that for ten years we ran a research center in entrepreneurial history; for ten years we tried to define the entrepreneur. We never succeeded. Each of us had some notion of it-what he thought was, for his purposes, a useful definition. And I don’t think you’re going to get farther than that-By Arthur Cole.

According to what I studied in high school under the subject of business, an entrepreneur is “a person who sets up successful businesses and business deals.” But this definition does not bring out a clear definition because not everyone who sets up a business and is running it successful is an entrepreneur. There is more of who a true entrepreneur is other than setting up a business and running it successfully.

Economics and business people don’t seem also to agree on who is a true entrepreneur. From economist point of view, “The entrepreneur is one who is willing to bear the risk of a new venture if there is a significant chance for profit. Others emphasize the entrepreneur’s role as an innovator who markets his innovation. Still other economists say that entrepreneurs develop new goods or processes that the market demands and are not currently being supplied.”

Entrepreneurship concept first came into existence in the 1700s. Since then it has evolved to what it is now today. Despite the failure of defining who a true entrepreneur is, we can all agree that entrepreneurs play a major role in enhancing the lives of people in many different ways. They come up with new ideas which have led them to create business organizations.

These organizations apart from creating job opportunities directly or indirectly they also serve people in various ways. Entrepreneurs are viewed as people who either create new products or improve the existing products so as to solve problems facing people.

Trait Approach

We can describe who a true entrepreneur is by using the trait approach. Under this approach, the common traits successful entrepreneurs possess describes if a person is a true entrepreneur. The traits are:

1.) Taking Risks: They take risks after they have discovered viable business opportunities. They already know that business ideas which have got high risks are the ones which yield high profits. Generally speaking, successful entrepreneurs have taken risks to be where they’re now.

2.) Passion: Whatever the business idea they come up with, they have passion for it. Passion keeps successful entrepreneurs going by being focused.

3.) Hardworking: Successful entrepreneurs have a common trait of working hard. They work hard in seeing that all the tasks of the business are completed on time and efficiently.

4.) Optimistic: Optimism is the trait that successful entrepreneurs have in common. They believe that in the future their ideas will be successful businesses. They have no room for doubting their business ideas.

5.) Good Leadership: They have the trait of good leadership. Successful entrepreneurs know how to motivate their employees so that they give their best in attaining success. They create policies and goals for their businesses. They oversee that these policies are followed and the goals are accomplished on time.

6.) Determined and Persistent: Successful entrepreneurs are determined and persistent in making their new business ideas successful. They don’t give up after experiencing some failures in executing some tasks but they’re persistent and determined because they’re motivated by success and not money. For them, money is only a reward they get.

7.) Flexible: Entrepreneurs who have succeeded respond to market needs swiftly. Whenever there are changes in market needs they respond to them swiftly so as not to lose their customers. They search for opportunities to exploit when a change occurs. Successful entrepreneurs have a common trait of adjusting their entrepreneurship ventures to fluctuating economic conditions. “The entrepreneur always searches for change, responds to it, and exploits it as an opportunity-By Peter Drucker.”

8.) Creativity: They research and come up with creative new business ideas. Successful entrepreneurs continuously innovate new ways of satisfying customers.

9.) Organization Ability: Successful entrepreneurs are well organized. They organize factors of production such as labor, land and capital in running their entrepreneurship ventures.

With all the above information, I urge you not to fail to appreciate what a true entrepreneur is still working on. This is because a true entrepreneur never gives up no matter the failures he experiences in executing some tasks. He is optimistic that one day his business idea will be a successful business.

Internet Money-Making Systems Explained – Some Tips For Success As An Online Entrepreneur

If you are reading this article chances are you’re looking for an education on how these internet money-making systems work so that you can become successful as an online entrepreneur.

Information Overload and Distractions

One of the main reasons why you as a potential online entrepreneur may fail when starting an online business is due to a factor called distractions. This is the problem – you are trying to start an online business working from home on your computer. The very platform on which you are planning to market your business – the internet – is the very thing that is going to give you the biggest problem. Alright, so what do I mean by that? It sounds a bit confusing doesn’t it?

Let me explain. The nature of the internet is such that, you as a future online entrepreneur, have so much information available from it. There are so many methods by which you can make money online using the internet money-making systems that many online marketers employ. As you begin your journey in this exciting field you will be faced with so much information from the internet and the people who market through it. It will not be long before you discover that you can sign up and receive free special reports, videos and audios delivered so conveniently to your email inbox. It will not be long before you will suffer with an condition that has been coined “information overload.”

All this information will distract your endeavors to become an online entrepreneur and you will find that your attention is being spread too thinly over a large number of areas. The solution is to focus on one internet money-making system totally and completely and learn all you can so that you understand exactly what you are doing. So many newcomers to the internet dabble in areas where they do not have the understanding and consequently things do not work out for them.

Learn And Understand New Skills

As you begin your journey towards being a successful online entrepreneur you need to understand that there is no quick shortcut to making money online. There is no magic button which you can click a few times to make money on the internet. Accept and give yourself the time to understand and learn the new skills necessary for achieving success with your internet money-making ventures. Just as you took lessons to learn to drive a vehicle, so will you need to get an education on how to build an online business. All skills are learnable, so just be patient and learn everything you need to know step by step. An excellent way to learn all about internet money-making systems is to sign up with a good mentor or coach who has already trodden the path you wish to take.

Change Your Thinking Habits

The famous personal development expert Earl Nightingale once said “We become what we think about, most of the time!” If you are really serious about creating your own empire online then you need to listen to Earl’s audio called The Strangest Secret. In it he gives advice about how to become successful by setting a goal for ourselves and making a plan to achieve it. Think positively about your goal and what you are going to do to get there. Decide to change your thinking habits and not allow any negative thoughts. If you can control your thoughts you can control what you ultimately become.

Keep in mind these three tips as you begin your understanding of and education in internet money-making systems.

How Entrepreneurs Can Benefit From Free Advice

One of the most challenging things about being an entrepreneur is getting the advice you need to move forward. The Internet is full of suggestions, but unless you already know how to separate the wheat from the chaff, you have about as much chance of finding what you need as what will lead you astray. But, that’s no reason to be disheartened, because with a little creative thinking, you can get some of what you need for free.

How can you separate the two? Here are a few suggestions.

1. You need to have very clear ideas about what you’re looking for.

The more vague your questions are, the more abstruse any information will seem to you. If you’re unsure of what you want to discover, then put your uncertainties into the form of questions. Make them as specific as you possibly can. The more precise you make them, the more closely they’ll come to help you solve your problem.

2. Recognize that the best information is not necessarily sold.

It may, and often is; but of itself, whether you pay for information or not is no guarantee that you will get either what you need or that it will be accurate. That means that it could be irrelevant, inaccurate, or both.

3. Consider the source.

It may seem counterintuitive, but many entrepreneurs will gladly talk to you about your business and what you should do next if you’ll just ask them.

On of the most annoying things I recall encountering when I was living the UK was that almost without fail, whenever I ask a question of a “professional” that required his or her expertise, the first words out of his or her mouth were something like, “Who’s going to pay for it?”

I’ve since come to realize that you must give before you can get. That’s not to say that you never sell; but only, that none of us can achieve the business success we desire without the help of others. And those who think they can just take from others without giving anything themselves will eventually find that they come up short.

If the person you talk to is generous with his or her expertise, then you can be reasonably sure that that person is passing along valuable information. It’s only those who cling to what they know for a price who possess very little of value.