6 Common Traits of Successful Entrepreneurs

Entrepreneur
Who does not love hearing the thrilling stories of how the common people became successful entrepreneurs? Whether it is Mark Zuckerburg, Steve Jobs, Jason Camper or Bill Gates, people who followed their passion, not only achieved success but also became an inspiration for many. But what does it take to be a successful entrepreneur. If it was just hard work many others would have been there as well. I believe it is a combination of several traits that determines whether you will become next Bill Gates or just another business owner who is struggling everyday. Below I describe 6 traits which are essential for anyone who dreams of making it big as an entrepreneur.

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Small Business Checklist – What To Think about When Starting a Business

Checklist
Starting a new business can be a very daunting process, especially when you do not have much experience with it. There are hundreds of items to consider and finish before you can even open the door for business. Many first time entrepreneurs are turned off by the thought of taking care of these items in the checklist. However, with proper knowledge and careful planning it is possible to not only get started but also get a head start to building a long lasting business. Here are some tips to help you focus on the most important tasks in starting a business.

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Secrets to Instant Business Success Revealed

Business Success
Every new business that has ever existed started out with one common goal: be successful. Yours is no different, and you should be eager to earn it as soon as possible.

Many business guides will tell you that it’s impossible to become an overnight triumph. But we’ve seen far too many examples to dispel that myth. If you follow the right pathway, there’s nothing to stop you achieving success almost immediately.

The biggest challenge, especially as an inexperienced entrepreneur, is to make the most of your resources. If you can master this one task, then you should find yourself on a very fruitful track. That’s not to suggest that hard work won’t be involved, but the rewards will easily justify those efforts.

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5 Powerful Ideas to Help Your Small Business Grow

drawing business growth

drawing business growth


Every small business owner dreams of growing his business to the scale of Wal-Mart or Amazon. The sad truth is that very few of them can make it that big. However, that should not stop you from pursuing your dream and growing your business to the point where you can enjoy comfortable life. The key is to understand your strengths and limitations and use them to your advantage. Based on our dialog with number of small business owners we have come up with five powerful ideas that can help your business grow.

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Does Small Business Saturday Really Matter?

Small BusinessSaturday
On Saturday, November 28th, communities across the nation will be celebrating Small Business Saturday. Falling immediately after Black Friday, and just two days before Cyber Monday, this annual observance has become an integral part of the holiday season’s retail surge.

But is it really important? Or is it just another silly marketing gimmick?

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Meet the Fampreneur: Why Over Half of New U.S. Businesses Are Family Run

Family Business
While the term “family business” may still bring to mind the little Mom and Pop store on the corner, the reality is that family businesses make up a huge segment of the economy, in the United States and worldwide.

Earlier this year, The Center for Family Business at the University of St. Gallen produced the Global Family Business Index, which lists the 500 largest family-owned businesses worldwide. With huge names like Wal-Mart, Ford Motor Company, and Berkshire Hathaway included, it’s not surprising to find that the combined annual revenue of these 500 firms is over $6.5 trillion!

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U.S. Rep. Buchanan Introduces “Support Our Start-ups” Act

Startup
WASHINGTON — U.S. Rep. Vern Buchanan, R-FL, today announced the introduction of bipartisan legislation that would make it easier and less costly for an entrepreneur to start a new business.

Buchanan’s “Support our Start-Ups Act” (H.R. 2524) would quadruple the amount of start-up costs small business owners can deduct from their federal income taxes, raising it from $5,000 to $20,000.

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The Missing Link: How Startups can Target Small Businesses with Solutions

Missing Link
We are living in the Golden Age of technology innovation. If you look around technology startups are popping up everywhere targeting numerous industries and business applications. The arrival of cloud computing, mobile technology and social media has enabled anyone with innovative idea, and willingness to work hard, to launch a startup for mere few thousand dollars. No wonder Silicon Valley is overflowing with number of twenty year old looking to strike it rich with a startup.

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Pros and Cons of Unconventional Startup Funding

Startup Funding
As any entrepreneur who has gone through starting and funding his business will tell you it can be very challenging to obtain money for the start-up. Traditional banks are very risk averse and will not provide you money if they sense risk in your business, which is what all start-ups inherently have. Fortunately, number of other alternative sources of funding have opened up that can help entrepreneurs get funding without having to go through the hassle of traditional funding route. Not all unconventional sources of funding are equal, however and you need to do proper research before jumping on this bandwagon.Here are some of the pros and cons of unconventional start-up funding that you may want to consider if you are not going the traditional route with the funding of your UK business.

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3 Items You Must Address Before Taking Self Employment Plunge

Entrepreneur
Going from being employed to working for yourself is a major transition. To many it looks like a dream – you get to set your own hours, take holidays when you like, work from home, and set your own wage. It offers unparalleled freedom to do your own thing and control your own destiny, and yet it also comes with an awful lot of responsibilities and complications.

These responsibilities and complications are overlooked by many, but they are just as important as the rewards in terms of how they’ll shape your lifestyle and the impact they should have on your decision making process. Here are 3 important items you need to consider before taking the plunge.

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