Are There Any Differences Between An Entrepreneur And A Small Business Owner?

We use the terms entrepreneur and small business owner interchangeably. Are they the same or are there any differences? I decided to do some research to get answers to these questions. My findings say an entrepreneur and a small business owner (SBO) are not the same; therefore, we cannot use the titles synonymously.

Although you start out as a small business owner, somewhere along the way you either remain a SBO or you become an entrepreneur. If you are contented with earning enough profits to live a comfortable life and keep your business afloat, chances are you are a small business owner. This type of income replaces your income stream, which you earned from traditional employment. You really are not interested in growing or expanding your business. More than likely you will keep the business in your family.

Maybe you are not satisfied with the status quo, and you are very ambitious and have the drive to go beyond just surviving. You would fit the definition of an entrepreneur. You will take more risks. Entrepreneurs enjoy learning through growing and expanding their businesses. Some establish businesses for the purpose of resale after realizing a certain amount of wealth. It may take a lifetime for a small business owner to earn wealth compared to approximately five years for a successful entrepreneur.

Another difference is how innovative are you. Small business owners are not the type to “think out the box”; whereas, entrepreneurs come up with new ideas, innovations, and products, as well as construct creative, strategic marketing plans.

If you are the type who works in their business, you would be considered to be a small business owner. You are more repetitive. On the other hand, if you tend to strategically work on your business, evolving it, change target markets, if necessary, you are an entrepreneur. As a SBO, you tend to not change markets. In addition, your markets may be more general when compared with entrepreneurs who target markets are more focused.

In regards to staffing, if you are a small business owner, you may have employees, which would involve having to pay employee-related expenses; such as, benefits and taxes. As an entrepreneur, you may choose to work with independent contractors rather than having employees work for you.

There are some of you who tend to have characteristics of both groups. For example, as an entrepreneur, you may choose to keep the business in your family, just like a small business owner, rather than selling it. In addition to having this in common, there are similarities in operating your businesses. Both of you have to do some degree of advertising and marketing, as well as daily administrative functions.

Overall, a notable difference is as a small business owner, you tend to need motivation; whereas, if you can be described as an entrepreneur, you are fuelled by ambition, drive and inspiration. Although similarities exist among the two groups, according to my research findings, the two terms are not interchangeable, and there are significant differences.

Defining Entrepreneurship – Are You an Entrepreneur?

Defining entrepreneurship isn’t difficult. An entrepreneur is somebody who is willing to take a calculated risk and start his or her own business. Entrepreneurship is not for everybody. If you are a budding entrepreneur this article contains a few tips to help get you started on the road to business success.

1. Do you have knowledge, a hobby or an interest that you are passionate about? If the answer is yes you may be looking at a great opportunity to turn your passion into money. Many people have also become entrepreneurs by starting a franchise with a product that they are familiar with and have had a good experience with. A positive personal endorsement is a great sales aid.

Franchising is not for everybody though because it can involve huge costs but it might be perfect if you have the money available to invest. Owning a franchise is a great way to develop your business skills because the parent company will offer you full training and a blueprint for success.

2. When defining entrepreneurship we shouldn’t forget about this less expensive option. Starting an Internet based business is a much more affordable proposition for the average person. You must still possess entrepreneurial skills but all in all the risks are very low in comparison to a traditional franchise business. You might even want to purchase an existing website or blog to get your business growing a little quicker for you.

Today there are plenty of opportunities to learn how to run an Internet business online. If you visit the numerous discussion forums on the Internet you can receive all kinds of free training.

You can also join a membership site and receive specific training on the niche that your Internet business is in. You can even purchase hardbound copies and CDs if you prefer to learn away from your computer.

3. Niche marketing is a good way to start a business today and when talking about defining entrepreneurship we shouldn’t forget to mention the entrepreneurial skill of somebody who is able to take a broad theme and narrow it down to an extremely targeted niche and develop it into a very profitable business.

For example fishing would be considered a broad theme but fly-fishing is a narrower niche. It can be narrowed down much further of course, fly-fishing in Alaska for example. A true entrepreneur will be able to spot a niche and exploit it.

4. Business in a box opportunities are another great way for budding, less experienced entrepreneurs to get started in online business. You can quickly become successful with these types of opportunities because much of the hard work is already taken care of leaving you free to learn how to build an Internet based business.

Your website and follow up email auto responder will be set up for you and this alone will potentially save many months of hard work. The best opportunities will also offer you full training to help ensure your success. This allows you to cut down on what can be a very steep learning curve and concentrate more on marketing and growing your new business.

So, when defining entrepreneurship we have to mention certain qualities you must possess. You must be success oriented and always willing to go the extra mile to achieve your goals. You must be willing to take calculated risks based on sound research and you must be able to spot a niche with true profit potential and develop it. If this sounds like you then I would say that you definitely have the makings of a true entrepreneur!

Josiah Wedgwood – The Manager and Entrepreneur

Most of us have our favorites; be they sporting heroes, politicians, film stars, chefs, and so on. It’s as if our selection of a particular person reflects positively on us-our perspicuity, insightfulness, and plain good taste. In the world of management, for example, we’ve had our flavors-of-the-moment. At one stage it was ‘the celebrity CEO’ (until we realized that they, too, were fallible). We even tried to uncover leadership lessons from figures as diverse as Chief Sitting Bull, Attila the Hun, ‘Stormin’ Norman What’sHisName, and Winnie the Pooh.

Amid all this exploration it is inevitable that some people deserving of recognition and their moments in the sun go unnoticed. One such person is Josiah Wedgwood (1730-1795)-master potter, founder of the Wedgwood Company, and grandfather of Charles Darwin.

Wedgwood employed work practices and introduced innovations hundred years before they became accepted parts of everyday organizational life. And in the process, he grew his 20-pound inheritance into 500,000 pounds.

Here are 10 of Wedgwood’s qualities that have contributed to management as it now practiced. [1]

He embraced change

The Industrial Revolution brought with it enormous social, industrial, and economic changes. In the early 18th Century, pottery had been functional, mainly crude vessels for storing and carrying. The pottery industry was dirty and squalid, and its people and work practices coarse and primitive: the industry was ripe for change. Wedgwood embraced many of the changes influencing the ways that his products were made and sold: craftsmanship, designs, processes, and innovation flourished.

The size and sophistication of the market developed throughout the 18th Century. Industrial wages were paid creating increased sources of wealth and disposable incomes. Stylish table accessories were in huge demand in the burgeoning industrial cities and increasingly wealthy colonies. The imbibing of tea and coffee joined the traditional pastime of beer drinking as a national characteristic.

The Industrial Revolution brought with it the opportunity for the pottery industry to replace traditional water-driven mills and windmills with coal-fired steam engines. In 1782 Wedgwood bought one of James Watt’s steam engines. The rest of the industry was quick to follow his lead.

Wedgwood moved in liberal reformer society, too. He applied the principles of the division of labor espoused by his contemporary Adam Smith. He was an avid reader of Paine and Rousseau. He supported the American War of Independence and was an ardent member of the Anti-Slavery Committee.

He built and maintained productive relationships

Today, Wedgwood would be described as a ‘Renaissance Man’. He was a master networker and collaborator. He valued and nurtured friendships and personal connections, many of whom possessed quite diverse interests. For example, he collaborated with leaders in the Arts and Scientific communities towards even better designs for his products. His friend and business partner, Thomas Bentley, expertly read social trends that enabled Wedgwood to produce fine things that were in demand. The marketplace was amazed at how Wedgwood was able to read and respond to social trends that ultimately resulted in increased sales.

His collaborating with leaders in their fields at the time, enabled Wedgwood to replace (with confidence) the drab, coarse, and everyday with a huge range of beautiful and affordable products. He worked also with fellow Staffordshire potters to solve common technical problems. In 1775, for example, he initiated what was probably the world’s first collaborative industrial research project.

He practiced MBWA

The term Management-By-Walking-Around (MBWA), borrowed from Hewlett-Packard and enshrined by Tom Peters and Bob Watermanin in the first business bestseller In Search of Excellence , was practiced by Josiah Wedgwood almost two hundred years earlier. Wedgwood believed in and practiced being visible to his workers-mentoring and coaching rather than ‘snoopervising’. His practice of MBWA enabled him to produce a highly detailed ‘Potters Instructions’ developed from over the 30 years of his on-the-job experiences.

An initial drawback was a weakened knee-a leftover of childhood smallpox. When the knee began to hamper his ability to walk around the factory, Wedgwood decided to have his leg amputated. With that inconvenience dealt with, he strapped on a wooden leg and continued his practice of MBWA.

He insisted on WH&S

Wedgwood was conscious of health and safety, especially to the ever-present dangers of lead poisoning. He insisted on proper cleaning methods, work attire, and washing facilities. Substance abuse was not tolerated. He instituted a complete ban on drinking alcohol. Punctuality was demanded. Constant attendance was encouraged. Fixed hours and a primitive check-in system were introduced. Wedgwood was scrupulous about cleanliness and avoiding waste. Workers were heavily fined for leaving scraps of material around.

He led by example

Wedgwood began work as a potter aged 11 (his father died when Josiah was 9 leaving him the youngest of 13 children). He knew all of the ‘tricks-of-the-trade’. His ‘Potters Instructions’ covered detailed explanations of every process to be undertaken and every trick used by the workforce to cut corners.

Wedgwood was hard working, driven, demanding, intellectually curious questioning established practices, and always on the lookout for better ways of dong things. He was highly ambitious and fastidious about quality doing everything exceptionally well. And he expected the same from his workers.

Wedgwood’s persistence is legendary. His favorite motto was ‘everything yields to experiment’. Even though Edison’s efforts in perfecting the light bulb is familiar to most people (although the number of failed attempts is open to conjecture), Wedgwood’s persistence almost one hundred years earlier in producing Jasper have gone largely unrecognized. After more than 5,000 recorded experiments, Wedgwood (1775) produced Jasper, a product described as one of the most significant innovations since the Chinese invention of porcelain nearly 1,000 years earlier.

He pioneered productive work practices

When Wedgwood founded his main factory (Etruria), he set out to industrialize what was a peasant industry. He applied the principles of the Adam Smith’s division of labor by involving specialists concentrated on one specific element of the production process resulting in enhanced efficiency. Training and skill development were important features of this process. In 1790, nearly one-quarter of his workforce were apprentices, many of them female.

The factory system at the time had no tradition of foremen, clerks, or managers to exert discipline. In a precursor to what was to become Scientific Management in the early 20th Century, he produced highly detailed ‘Potters Instructions’ based on the regulations and rules he had developed over the 30 years of his experiences.. They covered detailed explanations of every process to be undertaken, every trick used by the workforce to cut corners, and instructions on how to reward high performers and reprimand poor ones.

Through their flexibility, the Wedgwood factories were able to produce short runs of highly varied goods, quickly changing color, fashion, style, and price as the market dictated. His production system minimized proprietary risk, reduced fixed costs, and maximized input from skilled labor.

He was fastidious about quality

Wedgwood was a visionary: he wanted to leave the world a better place as a result of his contributions. One of his boasts was that he ‘made artists out of mere men’. To that end (and others, of course), he was famously intolerant of poor quality. He would prowl the factory smashing substandard pots and writing in chalk on offending workbenches, ‘this will not do for Josiah Wedgwood’. Workers were fined for breaches of his demand for quality.

He was, however, committed to training his workers and providing them with the best quality raw materials. He supported an apprenticeship system, he invested in education, health, diet, and housing of his employees. In what today would be called ‘global sourcing’, he purchased clay from America in a deal struck with the Cherokee nation, from Canton in China, and from Sydney Cove through his contact with Joseph Banks.

He used marketing to create demand and increase sales

Wedgwood provided the pièce de résistance of marketing to a world where ‘take-it-or-leave-it’ was the operative. He opened new showrooms in London and allowed customers’ comments to inform design and production. He introduced self-service, catalogue-selling, pattern books, free carriage of goods, money-back guarantees, regular sales, all aiming in Wedgwood’s words ‘to amuse, and divert, and please, and astonish, and even to ravish the ladies’.

He assiduously sought patronage from aristocrats and politicians and exploited their orders as testimonials are used today. When Queen Charlotte, wife of George III, ordered a tea service in 1776, he trumpeted the royal endorsement on his letterhead, in his showroom, and in his advertising. Calling his cream colored line, ‘Queen’s Ware’, he excited the aspirations of its users. For the privilege, he charged premium prices, compared to those of his competitors, for those wishing to eat off plates fit for a Queen. On another occasion, he made a 932-piece service for Catherine the Great, Empress of Russia. People (including royalty) cued outside his London store to see the sensation.

He chose open innovation over intellectual property

Wedgwood was inspired by the work of others and, to that end, he was flattered by others copying his work. He was less concerned about maintaining intellectual capital that he was about contributing to the development and enhancement of relationships, as this example illustrates.

One of the perennial challenges of making ceramics was measuring high temperatures in kilns in order to control the production process. Wedgwood invented a pyrometer, or thermometer, that recorded these temperatures. In true Wedgwood fashion, he did not try to retain the technology for himself. He also provided fellow scientists with specially designed experimental apparatus.

He was the master of logistics and infrastructure

No stone was left unturned by Wedgwood in his pursuit of excellence in product and sales. He devoted enormous amounts of time and money to improving communications and transportation, especially with the ports that brought him raw materials and provided his routes to market. He promoted the development of turnpike roads and was treasurer of the construction of the Grand Trunk Canal, an extraordinary engineering feat 93 miles long, linking Staffordshire with the ports of Liverpool in the West and Hull in the East. It is estimated that following the completion of the canal, freight rates reduced by ninety percent.

1. Ockham’s Razor, Radio National, Australia: ‘An innovator for the ages’, 14 December 2008, presented by Professor Mark Dodgson, Director of the Technology and Innovation Management Centre at the University of Queensland, Australia.

You Can Get Rich (Still) As a Home-Based Online Entrepreneur

“Opportunity is missed by most people because it is dressed in overalls and looks like work. “

Thomas A Edison

You may recall the late 90s when it looked as though anyone with a computer and access to the internet could become a millionaire overnight. Those were dotcom bubble and bust days. But that was only the first phase – the hype and sensation phase – of the Internet revolution. The dust has cleared and we can see things much clearer now, hopefully.

By some accounts, we’re now in the consolidation phase. And in this phase, it is quite easier to distinguish a good, real money making business opportunity from a bad one conceived and crafted in a scam artist’s lab.

Start Small and Grow it Big as You go

Given the state of the economic mess we’re now in, it is much harder to raise capital for any entrepreneurial venture be it on- or off-line. But this is the really good news. You don’t need millions of dollars in start-up money to start profiting from the online money making ideas we’re talking about.

What you need to understand is that the Internet is a communication medium par excellence – a most effective and reliable way to transmit information. And just like the telegraph, the telephone, and television before it, it has expanded the business and consumer marketplace by making it easier and also cheaper for people to buy and sell things.

Some of Those Who Wrote the Initial Online Success Stories

And some of the savvy entrepreneurs who understood this and jumped in early in the first phase came out fabulously reach. Just take a look at some of these top early performers who built billion dollar fortunes from their online business ventures Jeff Bezos, creator of Amazon.com; Jay Walker of Priceline.com; Pierre Omidyar and Margaret Whitman of eBay; Joe Ricketts of Ameritrade, Steve Case, Barry Schuler, Robert Pittman and Ted Leonsis of America Online; and Silicon Valley venture capitalists Johan Doerr and Vinod Khosla.

Then there are the “latter day saints” – otherwise average folks who are creating great wealth online as I write Mark Zuckerberg, Dustin Moskvitz, Chris Hughes, and Eduardo Saverin the founders of Facebook.com; Reid Hoffman and his group who founded LinkedIn.com; Jack Dorsey and others who founded Twitter.com.

The Lesser Known Among Them

Others like Bill Bonner, Founder of AgoraInc.com – one of the largest and most successful consumer newsletter publishers in the world, my very own business mentors, Michael Masterson – who has recently “retired” again as a business builder, Jay Abraham, Bob Bly, David Cross, Rich Schefren, Mary-Ellen Tribby, and many other astute entrepreneurs have also built great wealth online. These individuals are writing their own internet-based business success stories.

Unfortunately, not every one of the lucky billionaires referred to earlier – especially those in the first phase of the Internet revolution, created good businesses. Some of them got rich simply by ‘selling a hot idea into a frenzied market’.

What this means is that there are all manner of ‘success stories’ out there. And if you want to build your own fortune online today, you have to choose the right success story for you. You’ve got to find a proven online business building model to follow. Two of my favorite recommendations come from Mark Zuckerberb and his colleagues who founded Facebook.com and AgoraInc.com. The Agora model is by far the most successful online business building model I know of. It is a model developed in part by my main business mentor, Michael Masterson. This is the model we’ve adopted and are refining in our own business. And it is what makes us the destination of choice for those who want to start and grow a profit making, Internet-based home business today and don’t have a large bank account to use as start-up money.

You really don’t have to reinvent the wheel. All you need is to learn from a successful model and adapt it to your peculiar situation.

So, are you ready to finally to start creating your own little fortune online while there’s still a chance to do so even when you don’t have that much money?

Remember, nothing happens unless you take action. The best time to start creating your own little web fortune is NOW!

Become a Proficient Entrepreneur With Finance Certification Courses in Pune

In this world of competition, everyone wants to have a successful career. Therefore, one of the most sought-after fields of learning is finance, offered in many institutions. These courses help to grow your career fast. Hence, for a better future, you must look for some attractive finance certification courses in Pune. Nilaya Icats Institute of Commerce Pune, a hub for commerce related courses will help you establish your future.

Finance can also be described as a part of Commerce and both involves money, banking and investing process. As both are interconnected, you must have a profound idea about the subject. Firstly, you must see whether your institute is offering best Accounting courses in India. The business institute will make your interpersonal skills stronger and build your confidence. While you are preparing for accounting courses, you must understand why it is beneficial:

Exploring business sector

As a subject, Finance and Accounting can be described as the pillar for any business organization. Take control of your career by pursuing the best finance certification courses in Pune and become a finance professional. Any business that relies upon money is dependent on the services of accountancy expert. Technologically everything has changed and there is an unending demand for experienced accountants and financial professionals now. If you don’t have a strong base, your organization might collapse and it might harm your career.

Nowadays, financial activities of any company ranging of different sizes are scrutinized regularly for future prospects. For this very reason, capable and qualified accountancy professionals are highly in demand. So, if you want to achieve your goal, you must enroll yourself at Nilaya iCATS Institute of Commerce. It is the best Institute of Finance & Accounts in Pune with several proficient teachers. The courses they offer are also properly described and fully professional.

Financial incentive and flexibility

Accountancy embodies an outstanding prospect for running and establishing your business at your home. If you are self employed, you have the full freedom and flexibility to choose your own work patterns and timing. For that you need to have certain knowledge on the working procedure and different ideas on accounts. Hence, you must be a part of Nilaya iCATS Institute of Commerce as it is considered the perfect Institute of Finance & Accounts in Pune. They are known to offer courses in banking, taxation to becoming a Master in Corporate Accounts & Finance.

Accounting Professionals, who are experienced in this field, will be able to add value to their organization. You will also have the opportunity to learn more and offer your insight to your team.

The key focus of the accounting courses is to address the challenges of professionals. They offer a potential emphasis on learning while doing and most of the programs are developed around that. Enrolling yourself at Nilaya’s iCATS will let you learn more about the best Accounting courses in India from trained professors. It will later help you to make your mark and create a niche for yourself in the competitive arena of finance.

How Do You Define A Wannabe Entrepreneur?

With Indian economy on a roll, the country has suddenly become a breeding ground for wannabe entrepreneurs. You will find wannabe entrepreneurs here, there, every where. Business dailies are whetting their appetite further by announcing to the world their incredible start-up stories. To top it all, even Tier-I B-schools are going out of their way to promote start-ups, to the point of promising seed-funding. But the one question that comes to our mind on witnessing such a deluge is, whether becoming an entrepreneur is that easy? Or let us put in this way, how do you define a wannabe entrepreneur?

In this fast changing times, a lot of young professionals desire to be their own boss, to be the kings of their own castles, so to say. After securing an international degree or having a few years stint in multinational set-ups, their aspirations are high and dreams big. ‘I want to be an entrepreneur’ is a silent wish that has been crossing the mind of these young professionals full-on, but the fact is entrepreneurship eludes many.

Entrepreneurship, they say, is not a designation but a mentality. It’s the way you think and has nothing to do with the title you own. Vision is not enough to be an entrepreneur. People presume that just because they have a vision, they’re good enough to qualify as an entrepreneur. Nothing could be further from the truth. Here we have given a check-list comprising a few questions that will help you know whether you have it in you to be an entrepreneur.

Are you self-motivated?

Tell us, are you a leader or a follower? Simply put, do you like taking initiatives or you need to be pushed into action, literally. An entrepreneur, as a matter of fact, can be spotted anywhere, be it at public parks, in the queue, at the bus stop, anywhere. You can identify an entrepreneur by his eagerness to take initiative. He is someone who doesn’t wait for a title, to do things, to alter things, to execute things. Always self-motivated, no task is too small not to deserve his attention.

Are you self-confident?

If you were refused something, do you have the self-confidence to push it again? Yes, an entrepreneur never takes no for an answer. He believes in making things happen even though sometime things have reached a dead-end. Further, he doesn’t mind seeking favours or do things that normally people pass off.

Are you responsible enough?

It may come as a surprise for many, but business is not about taking risks, rather it is about taking responsibility. He owns up his actions and takes full responsibility of the results. An irresponsible person who works in bouts of enthusiasm is far from being one.

All said and done, simply capital and ideas don’t make an entrepreneur, however attitude and thinking does. If that’s possible, then possibly you could hold the position of an entrepreneur wherever you are and whatever position you hold.

Secret Strategies To Generate Money From Amazon To Become Digital Entrepreneur

You may check, if we are trying for making money on online, almost 98% of our efforts or actions will be scammed by well skilled scammer in the name of Online Digital Marketing. Since online money-maker is not a money-maker they are just online money dreamer, unfortunately they are money looser. Even if we earn 0.50$ means someone earned 5$ through us. Over the Internet there are hundreds of online money earning opportunities exist, like Freelancer, Affiliate marketing, paid surveys, ad clicking and ad posting, ad clicking websites, Mobile app Tasks, Daily login and paid online tasks etc. If we consider Time, cost & effort factors, those hundreds of opportunities may fail to bring Passive online Income constantly for us.

For example, if we consider online tasks like “5$ per one survey” just think, is it possible to get daily basis? If yes. Definitely you are the well skilled digital scammer.

One of the well-recognized online money-making technique is Affiliate Marketing. Yes, of course. It is the greatest way to earn money online. Here the problem is you need a well traffic generating Website or Blog to become affiliate earner. Here I have a product to promote and new website. But I don’t have Traffic. For this you may get free traffic sources, but it requires continuous effort over the year without a single penny. In case of paid traffic, it’s so expensive, need certain skills to optimize keyword for your promotion. And those paid traffic may be or may not be generates sales for you. That’s why it’s a good and passive income generator for you, if you are well familiar with Affiliate Marketing Strategic and Skill-set Training otherwise it’s too expensive and like a Gambling.

As a freelancer, I had subscribed membership plan on one of the famous freelance website by paying certain membership fee, and after that I started to search for work. Wow! there are number projects available in my selected category in these websites. But those projects were already bide by hundreds of freelancer like me. I thought that event I bid low price on these projects there is no Guaranteed for availing these projects, why I need to waste my Time, energy and Money on these kinds of Unprofessional things?

Making money online isn’t a ‘get rich quick’ scheme. If you want to become a successful online earner, you need to adopt a long-term mindset. Whatever you want to do online, do it through Professionally Le-Earn strategy. For example, if you want to become successful you-tuber having 5 million channel subscriber within a year. As an individual person it’s difficult to achieve this goal card. But it was proven by successful YouTube earner through their back-end strategic training and implementation. Therefore this goal is achievable by strategic learning & obtaining well training from digital experts for free of cost or paid training services also. Definitely this strategy help you to achieve online earning goal will successful on internet.

What Makes An Entrepreneur Tick?

It is only natural that when you start a business, you are doing something different than most people. They not only will look at you because you stick out like a sore thumb _ but human nature will cause people to naturally ridicule what you are doing. They will tell you all types of things like: “You’re not business material.” “You can’t make a living working for yourself.” “You’ll fail because nobody can ever make any money that way.”

Entrepreneurship is not just about having a lot of ideas or business sense. It is also about having a lot of guts. You have to build self-confidence in yourself. You have to only be concerned with pleasing yourself and your Creator (God) _ not mankind. Then, when (and if) you should fail with this particular venture, you’ll just dust yourself off and start again. It doesn’t matter if people “think” you’re nuts! They aren’t paying your rent and running your life. Don’t be concerned with what people “think” you should be. Just please yourself and do what you feel is right. People are too busy competing with society and “keeping up with the Jones’s” that they do things they are not comfortable with just to appease them and look “normal” (whatever that is.)

And if you have to start out small in building your self-confidence. I used to be so self-conscious that I would never eat at a restaurant alone because I thought people would believe I was lonely and had no friends. Unbelievable, but true. But, everyday I worked on walking into a restaurant, taking a magazine to read and eating alone. I would glance around, and to my amazement, no one ever looked at me. No one cared that I was eating alone. Then _ it dawned on me; “Who cares what these people think? I’ll never see them again.” Besides, there were a lot of other people eating alone also and I could absorb myself in the magazine I had took to read. Now, I can eat in restaurants and not give any thought to the people around me.

But back to business _ when most people do fail in business they try to “save face” by telling everyone they are “just in a slump” and everything will be back to normal soon. Besides, they don’t want people to say: “I told you so” and destroy any pride they are still hanging onto. Unfortunately, this only delays the problem and creates even more false hope for the people in your life as well as yourself.

The best thing to do for anybody in this catastrophe is to swallow their pride and admit they screwed up. Just face it head on! Admit that you were so proud of your accomplishments that your mind became diluted with “visions of sugar plums and fantasyland.”

If your small business is beyond repair, go out and find a job and begin working on your next small business in the near future. Keep your family fed and your financial obligations met but look forward to the day when you WILL succeed with your new business venture.

And why should you try again? Simply because you won’t make the same mistakes you made this time. If you built something successful before (but failed), you are certain to build the next business stronger and wiser. Even if you fail the second time, it won’t be because of mistakes you made the first time. You’ll learn more and more _ and eventually be successful. It’s inevitable!

With Internet’s help, you can get a lot of ideas by searching from google.com and overture.com, yahoo.com. In today’s information world, you are in a much better position to be successful if you really want to succeed.

5 Simple Rules To Become A Successful Entrepreneur

If you want to become an entrepreneur, you may want to understand what it really takes to become one. There is no shortcut to success in any field. Many people made a lot of unsuccessful attempts before they gained success as entrepreneurs. So, these entrepreneurs have shared some rules that beginners should follow in order to achieve success. In this article, we are going to discuss 5 of the must-follow rules that you can follow to climb the ladder of success as a business owner.

1. Work smarter, not harder

If you think an entrepreneur is a professional who works day and night, you need to think again. Although hard work is the key to success, the reality is quite different. If you work every minute of the day, no one can guarantee that you will achieve the success you desire.

As a matter of fact, overworking can cause extreme fatigue. As a result, you will make mistakes that can cost you a lot of time and money. Apart from this, you cannot have all the skills required to take care of different aspects of your business. Therefore, you may want to work smarter, not harder. This is how a lot of people have made millions in the here and now.

2. Consult experts and hire professionals

Consulting experts is a great idea if you want to get effective guidelines to run your business affairs. For instance, you can consult Charles J Mosley Jr who is a self-driven goal-oriented entrepreneur. Also, he is the founder of Echelon Productions in Dallas, Texas. His insights can help you with your business matters.

If you are not good at something, you want to hire a professional that can take care of other assignments. This will give you plenty of time to focus on other aspects of your business that you can easily handle. Good entrepreneurs are aware of the importance of delegation.

Although it can be scary to add more employees and team members, you have the option to hire remote workers. They can work from their own offices and homes, and you don’t need to arrange special workplaces for them.

3. Get more done in a cost-effective fashion

Although hiring the services of freelancers may not be an ideal choice for an established business, it can be quite an affordable option for a startup. The reason is that most freelancers are from third world countries where the cost of living is quite low. Therefore, this approach can be quite cost-effective compared to in-house full-time employees.

4. Face your failures

If you want to be a successful entrepreneur, you may want to look for the right people for your business projects. However, this approach cannot guarantee success, which is why you have to be realistic. Sometimes, unforeseeable situations happen that ruin your momentum. In some cases, you have to suffer losses as well. The point is to avoid being afraid of failing. If you be patient and continue to struggle, you will achieve success.

5. Wake up early

You must wake up early every day and work hard until you see the results you want to see. You should keep moving even during difficult times. Life can be broader in your eyes if you understand the simple fact that the things you see around you are made by people who are just like you.

In short, you can follow these simple rules for success. They will help you keep moving and avoid making common mistakes that will slow you down. Hope this helps.

NEW: 3 Online Marketing Trends Every Successful Entrepreneur MUST Adopt (Before It’s Too Late)

Q: What are the most significant trends in the online marketing industry in 2012? Are things as easy as they once were to make money… or are there NEW ideas that must be implemented to keep up the same level of success?

A: This is a very common question that comes in through our articles, blog posts and even newsletter subscribers. The truth is, if you are a passion professional or online entrepreneur working in the brand, blog or business building industry, you NEED to know what’s working NOW… and what doesn’t work anymore as well.

I want to share with you 3 key trends that are critically important in my own business, and that I truly believe each and every successful business owner (or online agency) must adopt as soon as possible, or run the risk of being trampled… and left behind by those who are.

1 – Communities are Critical

No longer are static websites, or even simple blogs enough to stand out in your space. You have to think community FIRST and set up the infrastructure for creating an interactive environment where your users can become content creators and evangelists for your blog, your brand and your business. The good news is, the Facebook style marketing model can be EASILY implemented on all blogs running WordPress (the most widely used blogging platform in the world) with free plugins that can transform your blog into an interactive community in just about an hour. (if you’re slow!)

2 – Dynamic Browsing Environments

It used to be that marketers didn’t have to think about design all that much… as the direct response mantra was design didn’t matter. (think back to the long, text heavy sales pages of yesteryear that are still being used by some marketing “gurus” in 2012)

The truth is, in my own business, I’m seeing first hand how much design, and cross device access is transforming my own communities, and conversions as well. According to recent statistics, about HALF of the 900 million Facebook users access the site a significant portion of the time through mobile or an iPad (or similar reader) device. Unless you are creating responsive, or adaptive environments that scale to the screens of your users, you are going to exponentially increase your bounce rates, lose readers and of course, suffer from an SEO standpoint as a result. (as page stickiness is a huge factor in determining how relevant your pages are to the searches that are sending you the traffic)

3 – Control What You Create

Short sited marketing strategists are foregoing traditional blogs and websites for social profiles and social media brand building instead. The truth is, this is a HUGE mistake, as if you don’t control the content you create, you run the risk of losing it all, at the whim of someone else’s agenda or business goals. For example? I’ve seen people who have build a huge presence on Facebook lose it all overnight… when FB decided to take down their page. Or those that built entire business around sites like Squidoo or HubPages or even purely on the article directories… only to find when those sites are slapped or punished, you suffer as well.

When you control what you create, and own the places where you publish, you RARELY run the risk of being put out of business due to factors outside of your control. Using social media as a supplemental strategy is SMART. But using it as a sole strategy is super silly… and very short sited as well.

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