Thursday, June 30, 2011

Inspirational Ambani

Dhirubhai Ambani also known as Dhirajlal Hirachand Ambani was one of the biggest tycoons in the world of business and entrepreneurs. Dhirubhai was very intelligent and precious to his family. In the beginning he used to set up a stall in which he used to sell onion and potato fries to earn some extra money which went to his mother. Then he started off as a part time worker with Arab merchants and from there he moved in to Mumbai where he started his own spice business. After making some profits and loads of struggle he stepped on to textile industry with the opening of his mill. Reliance thus started in the year 1958.

Entrepreneurship Is All About the Quality One Beholds

To become an entrepreneur is not tough at all, but to become a successful entrepreneur definitely demands a lot of hard work and dedication. It is not everyone’s cup of tea to become an entrepreneur and deal with the risks and consequences. There are certain qualities that are essential for a person to posses in order to reach the heights of success. These qualities are common sense with an alert mind, expertise and specialized knowledge of the field they prefer to be an entrepreneur in, creativity, self reliance, ability to get things done, self confidence and the most important is the ability to lead.

Sunday, June 26, 2011

Can You Become An Entrepreneur?

Here are some essential skills you require to become an entrepreneur:

Delegation: You should be able to trust your employees to do the job but you need to follow up and be responsible.
Teaching: After you acquire a team you need to train them in some of the skill and knowledge that you posses.
Self Motivation: You are your own boss, with no one telling you what to do, make yourself do it.
Play the number game: Develop your math skills to keep track of your money.
Enjoy your work: Owning your business can fetch you immense pleasure, make sure it is the same with your work.

Friday, June 24, 2011

Internet entrepreneur

When a person has the opportunity to become an entrepreneur over the web without too much of hard work, why would the individual pick out a job full of stress! These are the few reasons of the increase in the opening up of different online businesses and schemes. Although majority of then prove to be scams but the genuine ones require efforts and time to make the business function properly. People are often advised to beware of such websites that are offering quick money making schemes which are not valid. The vicious circle of internet entrepreneurship is leading to communication and tie-ups between several companies to built a genuine business to help employee and run an internet service.

Thursday, June 23, 2011

Made for being an entrepreneur

Who is an entrepreneur? And what are his characteristics?

An entrepreneur is built, but the fact that he has certain natural traits and talents cannot be discounted. Entrepreneurs often possess extroversion as a characteristic - it is in their nature to be outgoing and ready to take risks and chances. An entrepreneur is also seem to be one who infuses cohesion and motivation among his workers so that his business enterprise grows towards achieving the goals envisioned for it and finally does accomplish each one of them. Although environmental influences on an entrepreneur cannot be disregarded, it is widely accepted that entrepreneurs are built in a certain way.

Sunday, June 19, 2011

TRAITS OF A SUCCESSFUL ENTREPRENEUR

One of the major contributing factors in the success of a business is the entrepreneur. An exceptional entrepreneur will always work to keep his business a step ahead. There are certain common traits that can be found in all the successful entrepreneurs. A good entrepreneur always has great ideas for the business. It is an idea that gives birth to a great business firm. The personality of the entrepreneur also matters a lot. An efficient entrepreneur will have a dynamic and energetic personality along with a positive attitude. The communication skills of the entrepreneur must also be effective. He must be able to communicate in such a manner that everyone gets inspired by him.

Saturday, June 18, 2011

The organic way

Both conventional and organic Investments in farms got 9 percent returns on investment in 2010. This report is according to the National Council of Real Estate Investment Fiduciaries. There has been a sticker surprise in the natural produce aisle. According to the United States Department of Agriculture, buyer demand for natural products has developed at a double-digit speed annually for over a decade. 0.6 percent of U.S. farmland has been licensed organic.
A new way to invest in real estate is to acquire conventional farmland and convert it to organic. Since organically raised products have elevated margins, which gives small farmers an improved shot at contending in the market.

Friday, June 17, 2011

Entrepreneur Blog is a Business Man’s Pride

A blog is like a diary or a journal that is maintained online or in the internet. The World Wide Web provides room for entrepreneur blogs that turn to have very valuable information on the site that is shared among most of the entrepreneurs who have similar interests. Blogs are not hard to use and maintain, the complications are deducted thus making it very appealing for a huge group of knowledgeable people. The content of the entrepreneur blogs are flexible, hence there are no limitations for a person’s innovativeness in the same subject. These blogs are easy to access and the tips and advices of the business world are meant for anyone and everyone.

Sunday, June 12, 2011

Facebook

We’re all aware of the social media revolution that is Facebook. It was started simply as a social networking site where people could find people they had recently met.
It is now a $2 billion company, and its owner, Mark Zuckerberg was the world’s youngest billionaire, owning a majority stake in the company. So how did they do it? The answer is advertising. Various companies pay Facebook to host their ads. But unlike other websites, Facebook shows the relevant ads based on a person’s interests and information from their profile. This makes it hugely less irritating than having ads pop up when you’re surfing. That was an entrepreneurial idea.

Saturday, June 11, 2011

Types of entrepreneurs:

• Social entrepreneur: the persons who are most interested in helping people and the society and environment. These people have the desire to change the society and do not accept the evils of the society as it is. They even work towards improving the economic conditions of the people.
• Serial entrepreneurs: one who invents new ideas for businesses like the media groups.
• Lifestyle entrepreneurs: these people work towards earning money from their investments and combine and personal interests and professional life to make a business successful. The few examples under this category include share holders and tourism industry.

Friday, June 3, 2011

One man business

Entrepreneurship means a single person starting and owning a business. The capital is given by the sole owner and the rules and laws are laid down by that one person. Whatever that individual says goes. Since he is the only person in the business, all profits and losses are borne by him. Although many businesses now days are not 'one man' businesses, they are present all over and are reasonably successful. Entrepreneurship is considered profitable for small scale businesses because the capital invested is small. The one man business system has been around for hundreds of years and will always be as long as there are people who want to lead instead of follow.

Microsoft-An entrepreneurial dream

It is often said that the essence of a business is the idea behind it. It is also said that a man is as good as his ideas are.
A man with a business idea is who is essentially called an entrepreneur. One of the most notable and successful business ideas of the last few decades has been in the field of information technology. One was a person who thought that people would like to have a computer for personal use, at a time when computers were used almost exclusively by large organizations. He began a computer firm which went on to become one of the largest IT companies in the world-Microsoft.