How can our entrepreneur determine how much to pay for an existing business?
You buy it if the after-tax profits (yearly) are 12% of the purchase price. So if the income is $1,000 a month, you pay $100,000 for the business.
You need to have a cushion in case you get a surprise after the purchase. Taxes go up or insurance costs double or a competitor opens across the street.
http://grasshopper.com – This is a Pantless Knights tribute to our favorite entrepreneurs (who are all “new dorks”). It’s a spoof of Jay-Z and Alicia Keys’ “Empire State of Mind,” from the guys behind Grasshopper.com (thank you!). We made it because there’s a new type of dork that is cooler than ever. Look at tech entrepreneurs, hipsters, Computer Science Barbie – they’re all super popular new dorks! Don’t forget to rate, comment and subscribe!
Get the FREE SONG in mp3 here: http://bit.ly/catfRb
-beau, peter and david
the pantless knights
CREDITS:
Created by Pantless Knights / Seedwell.com
Produced by Beau Lewis, Peter Furia & David Fine
Directed by David Fine
Camera by Peter Furia
Line Produced by Kimi Milo
Lyrics by Beau Lewis and Peter Furia
Vocals by Paavo Steinkamp & Jacqueline Becker – http://youtube.com/jacquelinemusic
Starring Paavo Steinkamp & Alison Mei Lan
Instrumental and Song Mix by Jeff Kite
Special guest – TGIF Crew – http://youtube.com/tgifcali
LYRICS:
Now Im in the blogosphere, Now I’m in the twitterverse
Fans get so immersed, But I’m a nerd forever
I’m the new Zuckerberg, And since my website
I been cookin dough like a chef servin killa-bytes
Used to be the basement, Back at my mom’s place
Buildin web traffic so that we could sell an ad space
Make way for the, One man businesses
Bail outs finished with, White collar criminals
New sega genesis, Entrepreneur time
Makin big plans, To dominate the online
Yeah, I’m on YouTube, this is one man
Sharin’ google revenue, With songs on my webcam
Science is the new art, Databases day to day
Geeks spreadin’ sheet smarts, Hustle, make the data pay
I could be in Valleywag plus Geekologie
Tell from my avatar, That I’m most definitely
The New Dork,
Social networks – what dreams are made of, There’s nothing you can’t do
Now you’re the New Dork
This V.C. money is brand new, The geek is now cool
Let’s hear it for new dorks, new dorks, new dorks
Catch me up in Techcrunch, Right on the homepage
Hell, I’m on Gizmodo, In a photo bout a phone craze
And Im up in Mashable, weekend trip to New York
Bar pitty, 1oak, parties full of New Dorks
Now I’m pitchin business plans, From the backs of napkans
Micro-lend to Africans, Monetize Kazakastan
Catch me up on linked-in, Dog, C.E.O.
You can see where I be, With the I.P.O.
Now I’m up in skinny jeans, Now a hipster’s lurkin’
Used to be a reject, But now I’m steady jerkin’
Now my glasses mainstream, Now the girlies eyein me
Popular kids copy me, The new swag is irony
Comin’ from the small time, Girls couldn’t find me
Now I scale models, Like I climb on top of Heidi
Start big trends, with tweets that I pass on
You should follow me, cuz I’m friends with Ashton
CHORUS
FACEBOOK
http://facebook.com/grasshopper
TWITTER
http://twitter.com/grasshopper
Contact us at info[at]pantlessknights.com
Duration : 0:2:49
What kind of training such as classes and seminars or anything else you can think of do most people partake in when thinking of becoming an Entrepreneur? Please list the source
It takes a certain type of person. In my opinion no amount of training can teach you some of the basic know hows you need to have to be successful in business.
But if you wanted to get some type of formal business training you can take some courses in business management. But to tell you the truth, you would probably learn more just by going to barnes and nobles and picking up some know how books.
I am very confused about this phrase. I just can’t understand the meaning of this.
What is the subject?
It is like : Life is as a sanction buster and dodgy entrepreneur. Life also entailed risks.
Is that what did they mean?
It means that living a life where you are breaking rules and doing business deals which are not above board is a very risky idea.
ASU is transforming the role of the university through entrepreneurship.
Duration : 0:7:2
what are some managerial tools that the entrepreneur can use in the business planning process, which he can later use in his management and operations?
I’m not real clear on the scope of your question but MS office is somewhat standard. You can use the spread sheet to determine you breakeven points and a lot of business planning stuff can be run from the templates. Quickbooks also provides good planning tools but isn’t as versatile as MS Office. If your looking for operation tools (record management systems) they won’t help you very much at this stage.
Money capital is the lifeblood of every investment. Without capital, there can be no product, no property, no sales, no cash flow. Check out Roberts video about his experiences raising capital for his first entrepreneurial venture.
During this one-of-a-kind, never-to-be-repeated 3-day event with Robert Kiyosaki and his advisers you will learn:
* Robert’s experiences raising capital
* Why raising capital is the #1 skill of an entrepreneur
* How you can develop this skill to benefit your business and real estate investing
Whether your current or future investments involve business or real estate, raising capital is vital to keeping your investments alive and producing cash flow. Robert and his advisors are experts in this important skill who practice what they preach and will share with you their knowledge gleaned from years of real-life entrepreneurship and investment experience.
Duration : 0:10:51
Four entrepreneurs discuss the idea of acquiring a small business as a route to entrepreneurship. The participants took different routes to Entrepreneurship Through Acquisition (ETA): search funds, a self-funded search, and a search sponsored by a private equity fund. Each entrepreneur shares his decision making on the right time to take the path of ETA. Participants: Moderator Peter Kelly; David Kennedy, Sean Callahan, Ciaran Power, and Michael Sanabria.
Resources on Search Funds: http://www.gsb.stanford.edu/ces/resources/search_funds.html
Center for Entrepreneurial Studies: http://www.gsb.stanford.edu/ces/
Recorded: Oct. 5, 2009 as part of Strategic Management 543 course.
Duration : 1:13:18
I want to be an entrepreneur but i don’t know what i should major in my undergraduate. Should i major in entrepreneurship, or wait and get my masters in entrepreneurship and major in something that will help me later along the line like finance or marketing.
Consider a BSIT degree in Industrial Technology/Management. This is sort-of half Technology (of your choice) and half Business Administration. Perfect for entrepreneurship.
what is the best way for an entrepreneur to make a living online? I dont mean a "get rich quick scheme". I mean an honest way to earn $60,000+ a year or more annually by way of the internet.
Any suggestions?
Please ..No SPAM links!
http://www.entrepreneur.com/