Entrepreneurs

Tomorrow I’m meeting an established business entrepreneur and looking for some inspiration as to the questions I could ask him relating to business?

I would ask him "if you started a business tomorrow, what would you do differently this time?"

Or "any great software you simply couldn’t do without?"

Or "any brilliant books I should read?"

Or "have you got any contacts in China you would like to share with me?"

These are the questions I would ask if I were in your shoes. I don’t think one meeting would be long enough!

I’m majoring in accounting. After I pay off my student loan debt I would like to eventually become an entrepreneur and a philanthropist. Is it naive to hope to make good money in entrepreneurship? I’m starting my first business class next semester, so I don’t have a business plan yet. Any suggestions or advice?

according to Donald trump only 1 to 2 percent of us is capable of being an entrepenuer.

I have to agree, YOU must posess a "take charge attiude and don’t like obeying others but are VERY self obediant.

I am not sure how a degree in accounting will help you do such that.

I like the stories of Charles Schwab and P.T Barnum but what are the BEST books to read on them and 8 other clever business men or women?

well idk about 10 but i do know 3:
Found
Sent
Sabotaged
and the next book is coming out somewhere in August

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.

My friends and I (aged 21-22) started a company. Currently not producing any money, we have a patented idea in the process of getting designed. We are low on money but definitely have the creativity and risk ability to go for whatever we feel is a great idea as well as a potential market. We have many more ideas and have been doing somewhat research on what path we are taking. We would love to hear from someone that has maybe "Been there done that" or someone in our current situation that can give us any advice or anything really that will work out to our benefit!
Your answer might might give us a whole new view on life and 10 points could be the least we would have to offer. Thank you and you have our word!

I am also an startup entrepreneur. I have an idea but I too have the problem in business activition because of lack of funds. I advice you to contact an venture capitalist for funds, but before that you need to first finalise your idea. Next see that whether is there a market for it because there are many many ideas that are great but not marketable even I had one. And if you have got the patent for your idea you can easily get funds from venture capitalists or banks. So give importance to that. Another suggestion is that if you can’t makeup all the essential funds for the business with the ideas you have think about something for which you can easily get funds first. Once you have break evened in a business you can easily move on to the next one with implementing your first idea.

I’m 15 yrs old. Today i got a mail of this swedish program that helps kids start businesses. We get about 2,000 SEK, and if the business takes off, they help to keep it going. There really is no limit to exactly what you could do, except the money of course. Any ideas?

Find a corner of the market and make some kind of website that caters to that need. Then sell that company and start again. You aren’t going to make the next Facebook or Skype overnight more than likely, but if you can corner enough of some special market with your website, you can sell it for big bucks.

some statistics?
can you give me insight?
facts?

help?

You could say environment, but there are many cases where two people from very similar backgrounds go on to live very different lives. One pursued and took hold of positive opportunities no matter how limited, but the other succumbed to the prevalent negativity. That can apply to "high class" folks too. Look at the heirs and heiresses who live to party or have overdosed on drugs, and then the other half who take over family business or starts their own. I think subconscious programming plays a very huge role in how we go on to live our lives. We pick up these messages from our enviornment (what we see, hear, and feel), and they can go on to dictate how we process and act on incoming information. So one person has a mother who constantly tells them that they can do anything they set their mind to , this gets programmed, and they unconsciously act accordingly; even when they fail, "something " tells them they’ll overcome so they push through. On the other hand you get someone whose mother often says "You never do anything right!". This person might be less likely to try again after failing, and perceived failure just reinforces the subconscious message. As far as urban youth (of any color), the message tends to be that we don’t have opportunities, and only a handful of us can be successful. That may have been true a long time ago, and there are usually people in our lives from that era. Naturally they do and teach what they saw and were taught about those things. Maybe standing back and taking an objective look at things will help us to positively re-program our subconscious belief systems. Honestly there are more opportunities now than there were years ago, we just need to let go of the old views of those who came before us (who actually were oppressed, so had reason to think the way they did) and realize that we do have opportunities, we just have to go for them. *Subconscious Beliefs *

Does anybody know which major banks (Bank of America, Chase, Wells Fargo etc) are the most young entrepreneur-friendly? I am 23 years old and my partner is 22 years old, and as recent graduates of college we are looking to open a small business around our college town, and we need a loan.

Go to http://www.score.org/mentors and enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a volunteer SCORE counselor. They will guide you through the process.

SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide and is a resource partner with the U.S. Small Business Administration (SBA).

SCORE has 350 chapters in locations throughout the United States and its territories, with 13,000 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.

We are trying to start a business in the city of Toronto. Is there any resources of free money (government grants etc) that we have access to?

thank you very much in advance

there are but they ARE REALLY hard to obtain.

what is the difference between a real estate investor and a real estate entrepreneur? and what’s the job of both?

An "investor" is someone who is typically in it for a long time investment… buy it, rent it, let it appreciate over the long term.

A "real estate entrepreneur" buy and "flips" property for short term profits. This is more like a job.

Nick – Host:
Real Estate Investor TV Online
www.REI-TV.com