New blog

This blog is being continued on a course blog for young entrepreneurs at BeingEntrepreneur.eu….

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Welcome to the entrepreneurs journey!

Do you want to be the pilot in you life in stead of the passenger?

Choosing the path of the entrepreneur is the ultimate way to freedom, fulfillment and wealth in you life. A tough one at times, but overcoming obstacles and tough times is truly part of the fulfillment. You value your achievements higher, if you have been sweating and bleeding for them.

Being Entrepreneur is a blog for those of you who dream of taking charge in your own life, becoming your own boss and starting your own business – big or small. This blog is for those of you who want to make a difference in the world – big or small.

Here you will find inspiration for business ideas, tools for building your business and courage and determination to actually do something about it.

The passion of my life is to inspire and help entrepreneurs fulfill their dreams and I have been doing that to thousands of young or more mature entrepreneurs over the years – and it is still the reason why I meet every new day with joy and passion.

Let’s get started, and see where the journey takes us!

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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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Where do ideas come from?

Ideas come from anywhere, but when it comes to new businesses 3/4 of new ideas come from the entrepreneurs direct experience or current job. The rest often come from fx “things you like to do” and some from more or less formal idea generation sessions.

This is the introduction of professor Mark Julianos podcast about finding business ideas.

Mark Juliano goes through the most common ways of finding business ideas and also cuts idea evaluation right to the bone and asks you the most important questions about your business ideas.

So when you are tired of reading about business ideas, just lay down and listen to a clever guy.

I recommend Mark Julianos podcasts from the Entrepreneurship & Business Course in general. They give a very pracitical introduction to the disciplines of entrepreneurship.

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What do you want your life to look like?

When you ask people what prevents them from being entrepreneurs and starting their own business, a frequent answer is “I haven’t found the right idea yet”.

It might sound like a fair excuse, but it is looking for the one-and-only to marry. If you only go into relations if it is with the one and only, you might never get married. There is always something wrong if you look for it.

Fortunately there is another approach if you want to start building a business: Start asking yourself what you want to do with your life. In The E-Myth Revisited Michael E. Gerber lists a few questions that you might start asking yourself before you define what kind of business you want to start:

• What do I want my life to look like?
• How do I want my life to feel on a day-to-day basis?
• What would I like to be able to say I truly know in my life, about my life?
• How would I like to be with other people in my life – my family, my friends,
• my business associates, my customers, my community?
• How would I like people to think about me?
• What would I like to be doing two years from now? Ten years from now? Twenty years from now?
• What specifically would I like to learn during my life – spiritually, physically,financially, technically, intellectually? About relationships?
• How much money will I need to do the things I want to do? By when will I need it?

Being entrepreneur is a choise of lifestyle, so you might as well start thinking about your own life.

Se also the website of E-Myth Worldwide.

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