Archive for June 6th, 2005
Assessing Business Opportunities
The Entrepreneurial Mind: A key skill that successful entrepreneurs learn is to more efficiently and quickly assess possible opportunities before they make extensive commitment of time and money. It allows them to weed out ideas that don’t have a good chance or working. In effect, it gives the entrepreneur a chance to fail on paper. [...]
Leah Maclean: If you believe that just by creating a business you will have people flooding through your doors, then get over yourself! If you believe in the philosophy of “if you build it they will come” then the only business for you is movie reviewing. Selling MUST happen in your business! Selling is the [...]
The Elements of a Good Business Plan
John Dmohowski: [Business] plans don’t have to be long but they do have to be comprehensive. Most good plans have the following characteristics: 25 – 40 pages written in a professional manner with Executive Summary, Market Assessment, Company Description, Marketing and Sales Tactics, Product and Services, Operations, Management and Ownership, Finance and Use of Funds [...]
Al Crowley: Even if you can’t find people who are willing to enter into a collaborative conversation in your business community, all is not lost! There is a wonderful organization called SCORE, Service Core of Retired Executives. SCORE is a volunteer based non-profit organization with the purpose of helping business owners succeed. I searched through [...]
You Only Have to Be Right Once
Mark Cuban: It doesnt matter how many times you fail. It doesnt matter how many times you almost get it right. No one is going to know or care about your failures, and either should you. All you have to do is learn from them and those around you because. All that matters in business [...]
This week’s Carnival of the Capitalists is up at GalaTime.
