Being Entrepreneur

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Inspiring, Empowering and Enabling young Entrepreneurs

Homework, homework, homework

Theo Paphitis golden rules to success:

  • Cash is King.
  • Common sense.90 percent is common sense in business.
  • What if….make sure you consider alternatives.
  • Homework, homework, homework.

Read more about Theo Paphitis on Wikipedia or BBC Dragons Den.

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Don’t fool yourself

Deborah Meadens golden rules to success:

  • Create a business plan. There is a big difference between getting an idea and creating a business.
  • Stay cool under pressure.
  • Don’t fool yourself. Being passionate too early can be very dangerous.
  • Research. Understand as much as you can about the market to minimize risk.

Read more about Deborah Meaden on Wikipedia and BBC Dragons Den.

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Duncan Bannatyne’s Golden Rules for Success

Four things to look after according to entrepreneur Duncan Bannatyne:

  • The People that should run your business. You are the entrepreneur, so you shouldn’t run your business.
  • Product that people want and that you belive in.
  • Your Organization – a structure that works. If you don’t have a structure, you don’t have a business.
  • Look after your suppliers.

Read more about Duncan Bannatyne on Wikipedia or BBC Dragons Den

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James Caan’s Golden Rules for Success

Entrepreneur James Caans golden rules for entrepreneurs:

Observe the masses and do the opposite. “It was my attitude, not my aptitude, which determined my altitude”

2. Presentation and preparation. If you don’t make the best of yourself, how can you make the best of your business?”

3. Learn from failure. Be prepared to sacrifice and take risk.You learn more from failure than from success.

4. People make business successful, not products or services. Have a vision, a strategy and a strong belief in ourself.

Read more about James Caan on Wikipedia or BBC Dragons Den.

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Get up and do it!

Entrepreneur Peter Jones’ golden rules for success:

  • Have a vision.
  • Be passionate.
  • Take action. Get up and do it.
  • Consider feasibility and research.

Read more about Peter Jones on Wikipedia and BBC Dragons Den.

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Top 10 business ideas & opportunities

Springwise.com has summed up the Top 10 business ideas & opportunities for 2010. Fx small scale food production using membership models or discreet rooftop solar panels and wind turbines. Check out the trends in business ideas.

For a broader view on trends for 2010 check out the media summary on Trendwatching.com.

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