Any advices would be great. I’m interested in that industry. I currently work for successful entrepreneurs and as much as I wish I could ask them to be my mentor and give me some wise advices, they’d just fire me any inspiring advices from you would be great.
I just like to know more.
Thanks
good way to make a marketing video and
“Nobody wants to watch long videos, so keep it short, simple and to the point. I follow the two-minute rule. You should come up with a similar rule for yourself.
If you have to create a longer video, consider dividing it into parts that make it easier for your viewers to digest.
You know, that might be part of their make up. But clearly the most important part of their make up is they don’t quite after failure. They press on.
According to Webster’s dictionary, an entrepreneur is one who organizes, manages, and assumes the risks of a business or enterprise. Entrepreneurs live in the future. They have creative personalities, are innovative, and thrive on change. But what makes an entrepreneur successful? Research done by Southern Methodist University’s Cox School of Business came up with common characteristics of over 200 successful entrepreneurs. Successful was defined as being in business for at least 5 years and who has gross revenues of at least $1 million.
start up stage
Because the founders are visionaries. They are the big picture type of folks.
When the business goes beyond the startup phase, then they become managers. They have to deal with the investors (and many founders get kicked out by the investors they brought into the business). Many also are not equipped to handle employees.
Priorities change, and as the business expands, there are now a lot of cooks in the kitchen. Often, startup founders are used to thinking and executing the grand scheme of things in the business. With investors, shareholders, employees, they can’t simply do that anymore as they have to answer to these various groups within the business. They feel hindered and constrained; or investors may feel that they don’t have the chops to take the business to the next level.
Founders are usually kicked out (or simply become Chairman of the Board, if retained) while the investors bring in a professional CEO who has the experience, proven track record and savviness to face the new growth challenges of the business as it goes to the next level.
Lets say you’re a freelance writer with a writing business or a successful writer like J.K Rowling with the HP series. Do you think they can be considered entrepreneurs?
Writing "business"?
Writer’s aren’t usually considered entrepreneurs in the informal sense because that implies a business with a more direct exchange of goods or services for money.
Writer’s are "talent" – the publishing house founder might be an entrepreneur.
Exception: if JK Rowling is directly involved with the Harry Potter product line, movies, posters etc. she would then be considered an entrepreneur.
I am 15 years old, I have always been interested in making money. From making lemonade stands, mowing laws doing paperwork for my dad’s company. I have always had the entrepreneurial spirit in me. After I gain an education I want to start my own business. The thing is, I am not particularly good at anything. You hear about Mark Zuckerberg and Sergei Brin who were programming geniuses at a very young age. Or Warren Buffet who was an investing prodigy. I am not a prodigy, or particularly talented at anything. I am trying to learn to program because I enjoy it and find it interesting but then I hear about people like Mr.Zuckerberg who started at age 6, I feel like I could never be anywhere close as good of a programmer as he is. I feel like no matter how much work I can ever put into it, people like Mark or other good programmers will ALWAYS have an early start or natural talent over me. I read something on a forum, from a statistics major at UCLA he said he made a "simple" program on python ( the programming language I am trying to learn, which is my first) that figured out when (within 2.5 hours) someone would get a certain post ID on their post. He isn’t even majoring in computer science and he is programming better than, what I feel, I can ever do. I have always lived with the notion that if you are not the best at something, what is the point if even trying it. It was not taught to me by my parents or any authority figure it is just how I have always felt. What is the point of me trying to become successful, if I am not "the best" at anything? Every time I try to think of what kind of business I would like to start I get really inspired and try to research majors in college or degrees, then I look at testimonials about people successful in that field and I feel like I could never reach there level no matter how much I try because I will be just another "programmer or electrical engineer that tried hard". I feel as if I could never become the "child prodigy programmer that also tried hard." Should I just go the boring route with the boring degree I am not good at and live the same unsuccessful and unfulfilled life everyone else has? I don’t see any other route for me because I do not have anything unique or extraordinary to provide as a product for people to buy.
For starters, you need to worry less about being a famous entrepreneur and more on being a teenager. You need to remember that almost all stories about these famous entrepreneurs are very exaggerated because it makes people idolize them even more. 99.99999999% of people who become successful business people pick up the skills they need in university or in their careers once they leave university. The single most important thing you need to focus on is to read and learn as much as you possibly can over the next 10-15 years of your life. Through that process you will find things that make you excited and want to learn more about. It may be business, science, math…who knows. Any of these skills can make you a famous entrepreneur, so you need to give it some time and figure out what interests you. It is less about being a prodigy, and more about passion, creativity and work ethic.
I am a successful entrepreneur who grew up with very little, put myself through university on student loans, then started a business at 35. There is no rush, just work on the skills you will make you a better entrepreneur:
*try to get good speaking in front of people
*study good sales techniques as any small business owner is a salesman
*have a passion for learning – understand subjects like accounting, economics, and IT. You don’t need to be an expert, just familiar
*be decisive in everything you do. Making wrong decisions is okay, just always make the best decision you can based on what you know at the time. The people who cannot make decisions (right ones or wrong ones), are not entrepreneurs.
The fact you want to be an entrepreneur makes you extraordinary, don’t ever give that up and you will be fine.
Please answer it.. The deadline of this project is on January 11(Philippine Time). I need the answers tomorrow (Jan 10) because on Jan. 11, I have these consecutive classes from 7:00 to 11:30. My Entrep. subject is 10am.
I have this project in my Entrepreneurial subject which is to interview an Entrepreneur. The Businessman whom I gave the questionnaire didn’t answer it. That’s why I have this problem.
If you are interested then please answer the following questions and send it to my YM account and GM account: salah082392@yahoo.com and salah082392@gmail.com
Here are the questions:
1.What course did you finish?
2.How did you decide to choose entrep. as your career?
3.How long have you been in the business?
4.Is this your first business? If not, how many businesses do you have?
5.What products &/or services do you offer?
6.Why do you think that there would be an opportunity for you to develop this type of business/
7.How did you come up with your business?
8.Who motivated you to enter this profession?
9.What external and internal influences helped you with this decision?
10.Who has been your greatest inspiration?
11.How do you find people to bring your organization that truly care about the organization the way you do?
12.How important have good employees been to your success?
13. How do you define success?
14.What is the best way to achieve long-term success?
15.How far are you willing to go to succeed?
16.To whom do you most attribute your success?
17.What would you say are the top skills needed to be a successful entrepreneur?
18.What sacrifices have you had?
19.What are some biggest mistakes you have made?
20.How can you prevent it of do damage control?
21.What have you learned from it?
22.What is you greatest fear?
23.How did you manage it?
24.What has been your most satisfying moment in business?
25.Where you see yourself and you business in 10 years? 20 years?
26.How did you finance your business?
27.What have been your most effective sources of financing over the years?
28.Did you find investors for you business? If so, how?
29.How many employees do you have?
30.How is you business different from others?
31.How has economy affected your business?
32.If you were to start another business, what might it be?
33.Do you believe business has any obligation to make the world a better place?
34.What plans that you have to do to expand your business further?
35.What pieces of advice would you give to college students who want to become entrepreneur?
NOTE:(NECESSARY) take a picture of your business including you(if you want),include your contact # and email and your address…
Tnx alot.!!! Any reply will be highly appreciated. Thank you again!!!
when he/she could be running his/her business and making money
Yep, basically are there any well known entrepreneurs who used a business loan to start off?
Thanks.
few probably got loans from a bank right from the start – most people start small with their own money, credit cards, loans from friends/family
you won’t get anything without at least a great Business Plan
How would you explain the many extremely successful entrepreneurs whom never get a degree such as Bill Gates and Steve Jobs? Are they exceptions or is it not necessary for some types of people to get a degree?
A degree is best, when you are planning to work with the knowledge you acquire from the degree. It would otherwise be pointless to take the time to do this degree..
Working with the knowledge, from the degree, and actually enjoying the work you are doing, will lead to perseverance in the work you are doing, which would lead to success. Remember, that luck is the time, when preparation, meets opportunity. So these people are no different than you, they are not exceptions. There are many successful doctors, who acquired wealth through the knowledge form their degree. But there are also people, such as Bill Gates and Steve Jobs, who did not need a specific knowledge from a university degree.
I would recommend you to see this speech, by Steve Jobs. You might, perhaps gain some answers there:
http://www.youtube.com/watch?v=UF8uR6Z6KLc