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In business, the idea is the main thing. Capital can be raised and lost and raised again, but lose the idea and everything is lost. ’Gottlieb Duttweiler ‘Opportunity is missed by most because it’s dressed in overalls and looks like hard work.’ Commercial enterprise is not about sellers, it’s about buyers (customers). The idea is to match the wants and

Overcoming Negativity in entrepreneurship, Perhaps now it’s easy to understand why so many people forgo the notion of starting their own business and choose to work for someone else instead.  Simply put, building a business is hard work and the odds of succeeding are harsh.  That being said, if starting a business seems beyond your reach because the people surrounding

Of course, fear isn’t the only obstacle that stands in the way of entrepreneurs. Countless myths also block the first crucial steps. Following is what Scott Shane, professor of entrepreneurship at Case Western University, says are the ten greatest misconceptions of entrepreneurship. 1. A lot of money is needed to finance a start-up. Contrary to what most people believe, 10-years

Some enthusiasts claim that there is no better time than now to own and run a business. It may be more prudent, however, for potential entrepreneurs to write down, research, and address exactly what it is they wish to do before they begin – as well as examine what starting a business will involve and how the process will be

Know the four main fears of entrepreneurship, Obviously the number of qualities and attributes needed to succeed in business is quite extensive. So, does that mean that an entrepreneur needs to be a superhero to triumph in the business world?  Absolutely not.  Few people are born with all the marvelous abilities that are needed to succeed in life.  Yet successful

Starting a New Business Popular opinion suggests that owning a business involves working flexible hours, not being beholden to anyone, having the ability to make independent decisions, and, in effect, being completely on one’s own. Equally as ubiquitous is the belief that because life has not quite turned out the way it was envisioned, entrepreneurship is as good an instigator

There are several online portals designed to find employees for you to hire, and many of the portals are dedicated to specific industries, so researching the potential matches is a good place to start. Before you post your job or start looking for prospective employee profiles, determine whether you need help. There are several online portals designed to find employees

How To Choose a Legal Structure for Your Business — Which Business Structure Makes Sense? Almost every product purchased is backed by a corporation or LLC, and as such, most people know what a corporation is; however, not everyone knows whether one is needed when starting a business. There are several key factors to consider when choosing your business structure.