The successful entrepreneur comes in all shapes, sizes, ages, and various appearances. So, what makes them a success? What commonality is there between the CEO of a tech conglomerate and the owner of a successful small start-up company? What parallel can you draw between Steve Jobs and Melanie Koerperich of Milrich Virtual Professionals? The following traits can be found in successful entrepreneurs from multi-million dollar companies to small businesses. 1. Entrepreneur Modes
There are a lot of small business myths floating around that are discouraging both investors and the ambitious entrepreneur. These myths can prevent a lot of small businesses from ever gettting off the ground and keep a lot of amazing ideas from coming to fruition. While it is no easy task, debunking these common myths may be the key to getting the next Google or Amazon out of the garage and into reality. Let the debunking begin! Small Business Myth #1: You have to be lucky T
Running your business is a juggling act, you have six balls in the air at any given moment and if one drops, it could send the rest falling to the ground. So how do you keep your business running smoothly? The key is the title of this article. To effectively run your business you must learn to be efficient. If your business is struggling, there are a few things you can look at to evaluate in order to run your business effectively and efficiently. 1) Measure your business effi
Change is usually a good thing, especially when you’re changing things to improve your business in one way or another. Whether you’re working on bringing everyone closer together as a team or simply trying to gain a broader customer base, change is you getting your business from where it is now to where you want it to go. It’s often very difficult and tiring, but it can be done. Business leaders and managers often make some of the simplest mistakes that hold back their growth
Now that you have decided that blogging is a good path for you, the big question is, what’s the best platform to use? There are a lot of great options available so it is important you know the pros and cons so that you can choose the best blogging platform for you and your blogging needs. Before you begin looking at different options there are some basics that you need to think about now. Why do/did I want to start a blog? What do I want to accomplish with my blog? How much t
Innovation and passion go hand in hand. You may wonder how you can find your place as an entrepreneur in a world where everything is right at your fingertips and there seems to be a solution to every problem. Start by trying out this simple exercise to help you narrow your focus: Entrepreneur Exercise #1 1. Close your eyes.
2. Think about the top five things you are most passionate about.
3. Take a piece of paper and fold it in half and write those five things down on th
High risk of not having an HR department. It takes just one word to get a small business to start thinking about implementing an HR department……LAWSUIT! Unfortunately, it’s the world we live in, and as much as you’d like to go out into the world thinking people have the best intentions, that isn’t always the case. Especially when it comes to employment issues. There is nothing that can sink a small business like a lawsuit can, and the first line of defense for preventing a la
So often people use the word advertising interchangeably with marketing. Let’s start off first by distinguishing these two words. Advertising is only a small part of marketing. Although it can sometimes feel like a more productive form of marketing. It doesn’t nullify or make the other components of marketing any less important. For a marketing strategy to be effective, each component should be considered equally to determine its role in your marketing plan and overall goa
There are very few monopolies left in this country today…..most being what is considered “natural monopolies”. These “natural monopolies” exist solely out of necessity, because it would be otherwise disruptive to have too many hands in the cookie jar, so to speak. In a business market that thrives on competition, it may be overwhelming to try to come up with an idea that can set you apart from the competition. You could sit for hours on end trying to come up with a new gimmic
An entrepreneur considers the possible risks and consequences of each individual aspect for every new business venture. Once a decision has been made on how to move forward with the new venture there are six cornerstones to your successful entrepreneurship. 1. Confidence in yourself This is a key component to success in any business whether you are the one holding all the cards or an entry level associate. Business is not for the meek. You must be critical and self-aware. It’