| |
| |
|
Entrepreneurialism Information |
|
|
|
Work On, Not In Your Business
Are you busy? Everyone's busy! Ask anyone they'll tell you how busy they are. But how many people are accomplishing real results? In your small business, it's easy to get buried in the myriad activities that demand your attention each day. Consequently, a valuable rule of thumb to follow: Work only on income-producing tasks from 9-5. To accomplish this objective, it's important for entrepreneurs to recognize the difference between activity and action. Merriam-Webster's dictionary defines activity as: 1. The quality or state of being active. 2. Energetic movement. 3. Natural or normal function. 4. A pursuit in which a person is active. 5. A state of motion. Working in your business is that state of constant activity where you feel as if you're spinning your wheels, but not making any progress toward your objective. You can easily get hypnotized with shuffling and sorting papers, surfing the Net, replying to each e-mail as it pops up in your Outlook and other non-income generating tasks. On the other hand, the word action is defined as: 1. The bringing about of an alteration. 2. A manner or method of performing an act of will. 3. Behavior producing a result or outcome. Working on your business is that state of action that produces results. So, what are your goals for your business in the next 30 or 90 days? Take the steps to accomplish your goals now! Network. Speak at events. Write articles. Make telephone calls. And, follow up! If you are inclined toward busy activity, hire a virtual assistant for the mundane tasks, a professional organizer for organizing your files and office, a book-keeper for your receipts, bills and taxes. Don't forget, a business coach will help you implement efficient systems and processes to streamline your business. Whatever you do, get busy on generating action. © Lena Claxton 2005 Lena Claxton, M.Ed., is a business coach and marketing consultant who works with solo entrepreneurs to help them reach their highest potential. Download her free e-book "Small Business Boosts" at http://www.ontrakmarketing.com
MORE RESOURCES:
Entrepreneurialism - Google News |
|
|
|
RELATED ARTICLES
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. Business Start Up Tips From Some Hearty Entrepreneurs When's the last time someone asked you: "What's new?" If you're starting or growing a business, an e-business, or a web site, the answer is: "Everything!" - especially on the inside.Face it, launching a new enterprise - or taking it to the next level - can sometimes feel scary and overwhelming. Learn how to Compress Time In the popular 1980's movie "Dune," man learned that by "folding space" the distance between two points shortened and he could cover those distances faster. Around 1995, we found a substance that could bend time in the business community -- it was called Venture Capital. Electronic Tools for Entrepreneurial Success "Half of any job is having the right tool" was one of the earliest lessons I learned from my father growing up on a farm in Nebraska. As an organizing and productivity consultant, it continues to serve me well. Adding a Service After You Buy a Business When you buy a business, you should have a plan. Why have you chosen that particular business? Why that particular time to buy a business? What can you bring to the business? Some of the most successful business stories are of people who buy a business with the intention of bringing their specialized set of skills to it, and using them to grow the business. Are You Ready To Be Your Own Boss? You have this burning desire you want to be on your own. The temptation is so great that you want to quit your job. Starting a Company on a Shoe-String Budget A lot of people never start businesses because they believe they don't have enough money to do so. Unfortunately, these same people don't realize that many of the world's most successful companies were started on a shoe-string budget by an entrepreneur with limited resources. Four Steps to Entrepreneurship As more and more people start or consider starting their own business, it is important that they understand the core steps that are required to launch successful ventures. These steps include spotting, assessing, selecting and executing upon opportunities. Territory Limitations Policies for Franchised Companies All franchised companies must have Territory Limitations to maintain the peace within their systems. Often the unspoken ethics of territory limitations are blurred with mobile, home based or online franchise companies. ... in Pursuing the American Dream This morning I woke up at 4:30 in the morning, as usual, poured myself a cup of coffee, as usual, and thought about what my son said to me yesterday evening. You see, he's 2 1/2 years old and talking quite well, for his age. Business Name - How to Choose One It's very important to get your business name right. You may already have a business name but it's not too late to change it. Before the Business Plan Purveyors of conventional wisdom would have you believe that the very first thing you ought to do when setting up a new business is to create a business plan.It doesn't matter whether you are selling odds and ends on eBay from your living room or something larger and more complex,Business plans are excellent and necessary. The New Paradigm for Entrepreneurial Success Entrepreneurship is a great magnet to deliver new ideas, unique approaches and innovative technologies. When conducted in a proper way, turning people into entrepreneurs improves a country's economic situation and aids sustainable progress. Entrepreneurs Ask: As a Novice Entrepreneur, How Can I Feel Less Overwhelmed? Great question! Overwhelm is very common even among the most veteran entrepreneurs, so take solace in the fact that you are not alone. With the ever-increasing numbers of new entrepreneurial endeavors, and therefore new entrepreneurs, there are many who are experiencing the very same feelings as you. Could a Non-Profit Structure Be Right for Your Business? If you have a business idea, or an idea for a service for your community, there's one decision you must make early on: are you going to structure your project as a for-profit business, or as a non-profit corporation?Now, it may be that you already have a clear idea about this. Some business ideas are clearly "for profit". How To Start a New Business While it is tempting to just leap into a new business because of it's exciting possibilities, a few key planning points will vastly increase your chances of success. These steps aren't difficult, but they're easy to skip. Focus is the Key to a Successful Startup The definition of a startup means you have very few resources to employ and little time to get them to do something valuable. The clock is always ticking, and the money (if you even have any) is running out by the day. PR That Entrepreneurs Often Overlook If that sounds like you, here's what you may be missing once the new enterprise is launchedPublic relations that really does something about the behaviors of those key outside audiences that most affect your new enterprise.PR that uses a fundamental blueprint to deliver external stakeholder behavior change - the kind that leads directly to achieving your venture's objectives. Financing Your Business Anyone who is serious about making some money is already very well aware of the fact that it takes some type of investment to make this happen. I've read a lot of copy that suggests one can build a business for free, if they are willing to spend an extra amount of time to compensate for their lack of financial backing. Pre-Money vs. Post-Money Valuation When a company decides that it must raise capital, a key question that must be answered is how much the company is worth. For example, if the business needs $500,000 to get started and/or grow, how much of the equity in that company should $500,000 command? Once this question is answered, the company will go out and try to find investors.
|
| home | site map |
| © 2006 |
