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Entrepreneurs are born, not made, but thirst for freedom is the spark that ignites.”
— Wilson Harrell
What does it take to become a successful entrepreneur in today’s business world? Well, there are many giants of business you could ask, but you would be hard pressed to find anyone better than Wilson Harrell. Read about a country boy who became a marketing guru and entrepreneur. He is quite simply a business legend.
Born in Georgia, 1919, Wilson Harrell, world renowned entrepreneur and marketing guru was a man of strong conviction. In his great business journey, he lived a glamorous life all through. Not all know that Wilson was a fighter pilot in World War II and received Purple heart, Air medal with 4 oak leaves and also the President Citation.
It all began with Wilson Harrell & Company started by Wilson himself after the war. The company distributed Kraft products to huge military PX market and in very less time the company sales reached $200 million. But Wilson had other ideas, he sold the distribution company. Then he bought Formula 409, a household cleaner product company for $30,000 and turned it around. He later sold the company for $7 million and bought 60 food brokerage companies whose total sale exceeded $500 million.
All in all, Wilson started over 100 companies and turned around a few. He was voted America’s no.1 columnist for the year 1995 and 1996 by the American society of Business for his monthly contribution to the Success Magazine. Wilson was also the past publisher of INC. magazine.
Along with being the Founder/Chairman of council of growing companies, nationwide organization, Wilson was also the leader and voice of entrepreneur’s movement in America. His book “For Entrepreneurs Only” was a bestseller and still one of the most admired in this genre.
In his book, he discussed the hunters and farmers of cave man age. He reasoned from science and a variety of studies that genes are passed down and often entrepreneurs are the children of entrepreneurs. At some point thousands of years ago, entrepreneurs were the hunters of our world while the farmers tend to be employees.
He enjoyed great success in life and died in 1997 at the age of 78 from lung cancer.
“I’ve loved, I’ve laughed and cried
I’ve had my fill, my share of losing
And now the tears subside
I find it all so amusing
To think-I did it all that
And may I say
Not in a shy way
Oh no, oh no not me, I did it my way”
– Source-“For Entrepreneurs Only” from Wilson Harrell.
There are a lot of people out there who hate doing what they do. Even you may be just another one of them. This general dissatisfaction in having to work hard only to watch other grow rapidly up the stairs of social status leaning on your shoulders whereas you yourself are left behind has led to the emergence of a whole new breed of entrepreneurs. These people dont settle for what they have but they thrive on their quest for the best that they can themselves achieve. Not many people realize that the internet has more to offers than meets the eye. Even now, a lot of people still want to stick to regular day jobs in hope that this gives them some sort of assurance or security. Unlike these people, many have actually realized the potential of the internet in making things happen.
Any good internet entrepreneur will make a killing out of a zilch of an investment to start with. Not to mention, the convenience and comforts that you present yourself with once you be have your own internet business.
Many people feel it is life changing and requires a lot of your investment in order to become an entrepreneur. That is absolutely true. However, the kind of investment that you are needed to make varies a lot nowadays as compared to conventional views. Entrepreneurs on the internet deal I a lot of unconventional things. Investment is a necessity to the starting up of any business. But for an internet business, all you need to invest in is your own hard work and as much time as you can spend. Signing up a few forms here and there to having your own website for promoting various products or even selling them to offering a service that you excel in personally; no matter what your forte is, you are destined to enjoy being able to be your own boss.
Even when you have a job on the internet you can still be as much an entrepreneur as anyone else on the internet. The kind of jobs available over the internet include affiliate marketing, revenue sharing affiliate marketing, blogging and even posting your views and reviews on social networks and reviewing web sites. In each of these cases you will not be working under the orders of any kind of bosses. You shall be paid for what you work and what your work generates as revenue. In most cases your designation will not be that of an employee; rather you will be referred to as a partner. The internet has really unleashed all kind of opportunities and avenues to soar your earnings. So, if you are one of those who as tired of working to see your boss make profits, the internet awaits you.
Do you think you have the capability to become an entrepreneur? There are lots of successful entrepreneurs present in this world today. It is very important to find the right kind of qualities that are required to become successful in this field.
Some people try to begin from the scratch but it is quite difficult to reach the top fast in this way. This is the reason why the young generations of entrepreneurs try to model their behavior on people who have already achieved success in this field.
There are various role models for entrepreneurs. It is very important to choose the right kind of model. When you hear of a role model the first thought that comes to your mind is of people who have reached heights are very popular all over the world.
These people too surely had their own role model who they used to follow. A role model is actually meant for following. Your model can also be a person who belongs to your family or even or your friend circle.
The person might not be well known and popular all over the world but he has made something for himself. You can look for such people in your family. If you have someone very close to you who has already made it to the top then you can even get good suggestion as well as tips from the person.
You must understand the importance of the role models. They will help you learn how to become a successful entrepreneur. The most important thing that entrepreneurs must have is the will to win.
The entrepreneur role models usually help the budding entrepreneur to learn about the various qualities that are necessary to become successful and reach the top. One of the things that you need to find out is the common trait between all the successful owners.
You must always remember that owning and managing a company is not too easy. You need to have enough guts to take proper decisions and also be ready to tae risks. Role models for entrepreneurs might differ from one person to the other but the characteristic traits of these successful people usually remain the same.
You need to follow these traits. People who are successful as entrepreneur are always good leaders. So you must also make sure that you become a good leader and mange your team in the best possible way.
Team work is very important because you alone cannot take your company to the top, you will need help from the employees. This is the reason why you also need to learn how successful entrepreneurs deal with their employees. This is why role models are so much essential.
Life is always forcing people to do many things, like the world these days, the economy in different countries have different situations in which people work in different ways. Sometimes people want to be independent because of the environment where they live, and they may need loans for their own account. So if you are self-employed, such as a contractor or a freelancer, then entrepreneurs loans are designed specially for you. In today’s ever-growing needs of yours and at the same time due to lack of resources to meet them, you get worried. Also, if you do not have a good credit score in earlier times, adding to concerns. It can happen to anyone despite of their salary.
Self-employed loan is a short term loan and they are there to help entrepreneurs. But very often, self-employed is difficult to demonstrate to lenders because of variable monthly income. But at all times have their own problems in their businesses on their own loans, self-employed workers are there to help and support.
Self employed loans are small term loans, so if you are self-employed and looking for the proper settlement of cash, these loans are for you. You may pay any tax burden and desires as the payment of unpaid household bills, food expenses, tuition fees, collection fees, fixed costs, and small travel expenses, which are few examples of the charges the same regardless of the costs that you may need auto loans are there to help employees.
To establish financial imbalances, self-employment loans can be easily done by self employed people. This funding source may be easy to take care of your financial needs at home. You do not even have to go through any credit checking process because it accepts the application of all borrowers, irrespective of credit record. The presence of arrears, defaults, bankruptcy, foreclosures, CCJ, late payments do nothing to insult.
Just get used to the ease of online application method. Do not move from the comfort of your home or office. The loan you are looking for will be sent directly to your account after obtaining approval. The applicant can apply for low cost and very lucrative business loans to persons with proper research online.
Its summer and so for that reason Ill break from my insistence on pragmatic advice and write on a topic you might consider fluff. Yet its the biggest mistake I see small business owners make, including me. We have no patience. I think that its a given that a requirement for being an entrepreneur is to have a low grade case of ADD, or in my case, ADHD with an emphasis on the H. And in marketing, that will kill you.
I cant tell you how many times a client tries something and when there are no immediate results says “Well that doesnt work.” Its like lifting weights one day and expecting that tricep cut to develop overnight. Im not suggesting that we all go out and spend a bajillion dollars on advertising during American Idol. But I do think that in order for your PR and marketing tactics to work you have to learn to wait a bit. Here are a few tips to use to figure out if youre too impatient.
1. Are you measuring your campaign results by the number of orders youre getting off each initiative? In a word, DONT. Look at your website hits instead, or the traffic in your store. Whats the first step toward buying your product or service? Do they request a brochure? Do they visit the website? Measure by those “first steps” in the short term.
2. Are you changing your marketing strategy on a weekly or monthly basis? WRONG. You had better have confidence in your strategy (or your consultant) from the start. Nothing works if you dont believe in it 100% from the beginning. Switching around what youre doing on a constant basis and youll end up running circles.
3. Are you relying on only one outreach method? It may work now, but it will stop working eventually. Or youll end up trying one thing after another. BLEND your messaging channels. If youre doing radio, connect it to an online promotion as well. Trying guerilla marketing? Make sure youve got some PR working in conjunction with those “on the ground” techniques.
Particularly in the online world, patience is the key to success. Jay Conrad Levinson, the founder of Guerilla Marketing, believes that patience is the most important characteristic of successful entrepreneurs. Be confident in your approach. Measure it wisely. And then, like that old farmer in the field, be patient and watch the seeds of your marketing work grow.
James Jardine from the University of Cambridge in the UK won third prize in the post-graduate category of the Santander University Entrepreneurship Awards.
He scooped 5,000 for his company Qiqqa.com a company that provides free software which helps students and researchers manage information.
The awards aim to support and encourage university students to pursue their business ideas and are open to students from all 58 universities within the Santander programme.
To mark the fifth anniversary of Santander Universities in the UK, Santander chief executive, Ana Botn, announced an additional 1.5m of funding to UK universities, taking its total investment to 7 million during 2012, as well as 100 new mobility grants of 2,500 available to UK students to study abroad.
She also extended the banks support for small businesses with the launch of a new programme to place graduates from the countrys top universities on internships with SMEs across the UK.
The programme to encourage entrepreneurialism amongst graduates is a collaboration between Santander and its university partners and aims to promote the benefits of working for a SME to third-year or recently graduated students, while providing smaller businesses with an injection of talent not always easy to obtain by companies with limited administration resources.
Santander will work with its partner universities to find students and companies who will benefit most from the scheme and will help with placement and administration, including project management, as well as part-funding a basic salary for the students.
Ana Botn said: Youth unemployment and particularly graduate unemployment is one of the most pressing issues for the UK economy. We hope our new programme offering 500 student internships to SMEs can help provide our talented graduate community with the opportunity to gain vital experience in the work place, whilst opening their eyes to the benefits of working for smaller companies.
SMEs have not typically attempted to compete with the graduate recruitment schemes of the big FTSE players and we hope that this initiative will give a wider range of companies the benefit of fresh, young talent.
As the engines of progress and invention, universities have an important role to play in incubating the enterprises of tomorrow. Santander is proud to be supporting and recognising the entrepreneurial skills demonstrated by students through our Entrepreneurship Awards, as well as announcing an additional 1.5 million of funding to support British universities, taking our total investment to 7 million in the UK and 120 million globally, this year.
Photograph:James Jardine receiving his prize from Santander chief executive, Ana Botn
What does it take to become an online entrepreneur you ask? It is not always easy. It takes a serious, burning desire to become an entrepreneur.
I am not kidding either. You need to want this more than anything else. (There are a couple of exceptions to this, but not very many.) >
You need to be willing to focus on the end result, which should be, becoming an online entrepreneur. Will you do whatever needs to be done to accomplish your immediate goal?
To become an internet entrepreneur you must have the ability to ignore all the outside negative words and influences of family and so called friends which are said, not meaning to hurt you, but to in their eyes, keep you from making a fool of yourself or them.
Realize also that most likely, you will have some failures and that these failures will only help you learn.
Becoming an Online entrepreneur also requires the ability to accept that you will probably will be doing the same thing over and over again. After all, that is basically what you will be doing, having financial success doing a certain technique, then repeating it.
Let’s not forget organization and the ability to manage your time. If you are organized, you are more likely to know where everything is, which will in turn, give you more time to work. Time management most likely means that you will have written out a schedule as to when to do everything required for a internet entrepreneur thus saving you even more time.
Becoming an online entrepreneur may sound difficult, but the reward for your stick to it attitude will be more then you could ever imagine. I am very excited to offer you the ability to join me, so read my resource box because it will be worth it.
My name is Samantha Livingston and I am an active member of the millionaire society. Come and join me on my journey to becoming a millionaire online. Just follow me to see how, I guarantee you’ll will be amazed at www.whatismillionairesociety.com
The world is awash with entreprenuers and we have noticed that 9 to 5 kind of jobs is not the route to financial freedom. You can do a 9 to 5 kind of job, retire honouably but i promise you your financial base is nothing compared to the that of an entrepreneur who ventured to start something something for themselves.
Entrepreneurship is a systematic approach used to identify, bring to life and nourish to fruition of an ideal or oppournity. Entrepreneurs perceive potentials and build on them by directing his or her resources to achieve pre-determined goals. The human resource is of importance because it is in born in all. It manifest as talents and deep seated aspirations. The material resource is secondary.
The featuers of Entrepreneurs are numerous but lefts nose dive into it. Entrepreneurs have a high level of business consciousness. They can discern between assets and liabilities. They can see business potentials when they get close to one. Their eyes and mind can see potentials even when clothed in failures. In addition, they are ready ti indulge in moderate calculated risks because they do a through base line study of their potential business ideal. These base line studies give them a clear picture if the target market, the dos and don’ts the requirements and the legal impediments.They make sound business judgement before they dive into any business venture.
Entrepreneurs are dynamic and hard working. They do not dive into business because it is in vogue or it has made their next door friend millionaires. They nourish their idea with creative innovations thus making it unique. They have superb abilities in allocating time, resources and task.
Remember, Entrepreneurs do not dive into business ventures. Like I said above, the world is awash with entrepreneurs. Subsequently, study yourself before you throw in yor material into any venture if not you would close shop few months after.
In conclusion, engage professional to do the base line studies and visit a solicitor and you would know the legal angel of your proposed business venture.
When we talk of management education, we are basically referring to shaping up the students, aimed towards developing their competency and capability either as a manager fit to join an organization and help it to grow or as entrepreneur, to establish and grow ones own business. This capability does not come from possessing a management diploma or degree, but also requires developing in the students the will and skill to contribute for self sustenance and nation building. Presently it is seen, that there is a wide gap existing between the type of management education imparted in MBA colleges and what is there in real life management in business organizations. In order to make management education more realistic and useful for the industry, certain key areas need to be identified. These could be:-
(a)Benchmarking quality management education to create an enduring quality managers and entrepreneurs.
(b)Bring in professionalism in management education.
(c)Adequacy of qualified and competent faculty members, proper infrastructure, support facilities and regular updating of curriculum.
Benchmarking Quality Management Education
Benchmarking with the top management colleges inspires an institute to produce quality managers. Management education needs to include knowledge, skills and abilities (KSA) that are needed today and that will be needed tomorrow by the industry. The mission of management education should be to become innovative and creative. The objectives of benchmarking should be to:-
Make own students employable in industry.
Moving the institute from academic mode to corporate mode. To achieve these objectives the agenda should be:- (a) To identify the industry expectations of the skill sets required of students. (b)To identify the areas of Total Quality Management (TQM) in management education. (c) To identify the changes required in teachers imparting management education.
Professionalism in MBA/PGDM Education
There are many reasons for the wide differences in the quality of management education in different institutes in India. The main reason is the absence of a body that can ensure that the standards set are practiced and retained by all management institutes, like AACSB in USA. We do have an apex body the All India Council for Technical Education (AICTE), that is responsible for setting the basic framework, guidelines and standards for quality of business education, there are however many problems when it comes implementation of these standard by MBA colleges and institutes and these problems undermine the effectiveness of these standards. In order install quality in management education in India, the AICTE and MBA colleges / universities in the country should focus on the following issues:-
Quality of faculty.
Accountability of management institutes.
Values and ethics.
Role of professional bodies (AIMA, ISTD, etc).
One of my favourite assignments as a copywriter is to help entrepreneurs create the text to promote their new business, product or service. In my five years as a professional copywriter, I’ve helped clients as diverse as electricians, sales trainers, marketing companies, gourmet food shops, property developers, digital agencies, IT consultants and driving instructors to express what they offer in writing – usually at the early stage of building or planning the enterprise. The power of copywriting in that situation simply cannot be overestimated. There really is something almost magical about putting words on the page. It makes ideas real, generates commitment and focuses energy. Just by committing thoughts to paper, we can shape our futures. It’s easy to see how this benefits the entrepreneur as they plan or develop a business. Although most entrepreneurs generally feel positive and confident about their ideas, they sometimes find it hard to do them full justice on the page. Working from a different perspective – the outsider’s perspective – the copywriter can make sure that their client’s marketing pitches the offering to the right audience, with the right tone and the right emphasis.Sometimes, the appropriate ‘level’ for the message may be far ‘above’ the one expected or imagined by the entrepreneur. Sometimes, when they see what I’ve written, my clients respond ‘I could never have written that,’ or ‘I don’t recognise myself’. This type of feedback confirms that the entrepreneur may simply be too close to his or her product or business (whether emotionally or intellectually) to communicate its selling points effectively. If the business is a one-person startup enterprise, it’s easy to see why. Talking an idea through with a good copywriter (one who asks the client lots of questions) is a great way to road-test a new idea. ‘If we translated this concept into marketing messages,’ the entrepreneur is asking, ‘Would it fly? Would the proposition be consistent, compelling and capable of converting interest into sales?’ Here, the discipline of copywriting can act as a useful reality check. The dark side of confidence is over-confidence, and entrepreneurs are prone to many delusions and self-deceptions. But the copywriter cannot spin straw into gold; to make convincing copy, they can’t work with unclear, inconsistent or self-contradictory ideas. As part of the briefing process, the copywriter can help the entrepreneur to iron out all these tangles in their thinking – provided the copywriter is prepared to put some tough questions to the person who pays their bill.