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Saturday, July 30, 2011

BUSINESS IDEAS FOR YOUNG ENTREPRENEUR

Business Ideas for the Entrepreneur

Many individuals nowadays prefer to have a home-based job rather than working eight hours each day in the office. Some people are also into franchising; this may sound good but if you want to become a successful entrepreneur, you don’t have to focus entirely on franchising. You should consider other business ideas that you can venture into.

Research can be carried out with ease these days, thanks to the power of the internet. If you conduct your search online, you can find other business ideas that you can use as an entrepreneur. Beginners will benefit a lot from the information they can find online about business ideas.

Because of the many business ideas you can find online, you will often find it hard to choose the ones you like. It’s easy to choose if you use your instincts. For instance, if one business idea feels right, take note of it but if you have second thoughts about another idea, disregard it.

As an entrepreneur, you should investigate further by gathering as much information as possible about the business ideas. True enough, franchise is absolutely a great idea. By choosing this business alternative, you can be the boss of your own business and you can earn unlimited income.

However, according to experts, franchise and other internet businesses promise the same business opportunities. It will all differ on how you handle the business.

Not all individuals who desire to own a business can achieve this goal. You see, being an entrepreneur is hard. There are a lot of factors to consider before you decide to become an entrepreneur. Even if you have the capital to finance the business undertaking, you can’t be sure that it can give you high profits in the future especially if you don’t know how to handle certain business situations.

First and foremost, you must be able to work alone. Once you’re an entrepreneur, you’re already self-employed. It would also be best if you can have the support of your loved ones.

Here is a very good example. As mentioned earlier, further investigation is needed to evaluate the business ideas that you have in your hands. Starting a business from scratch requires a lot of work. Suppose the business that you’re about to put up is also available in franchise, which business idea will you choose?

For the smart entrepreneurs, they will already go for franchising because it requires less work. An established business undertaking is less expensive and less risky. But before you make a final decision, you must be able to weigh all the advantages as well as disadvantages. This is an essential part of choosing the best business idea.

Once you’ve chosen the right business idea, you can spring it into action. Soon enough, you will gain the financial benefits that you’re dreaming of. Whether you choose to start your own business or go for franchising, the most important thing is to develop goodwill. All the actions of the entrepreneur must be focused in attaining all the objectives of the business.

If you want to become an entrepreneur, you must research all the business ideas that you can get online. The internet can help you a lot. Also, don’t forget to develop the needed traits and skills as an entrepreneur.

You can get many resources through the internet or you can talk to an established entrepreneur so that you will have an idea on what you’re about to undertake.

Discovering Your Soul Purpose

I used to define "success" as the ability to produce the results you want.

But lately I've changed my definition of success to this: The ability to express, to fulfill, and to live your life purpose. Because if you're living your purpose, you're going to be successful. Unfortunately, most of us have defined "success" as being famous or being wealthy. And for a lot of us, that's not what we're here to do. We're here to express ourselves fully, and to live a life of purpose.

I believe that everyone has a purpose inside of them, and our job is to discover and fulfill that purpose.

Sunday, July 3, 2011

Good Things Come To Those Who Ask

History is filled with examples of people who have received exactly what they wanted simply by asking. Yet this basic principle of success eludes most people. Whether its money, information, support, assistance, or time, most people are afraid to ask for what they need in order to make their dreams come true.

Sound familiar?

Why We Don’t Ask

We fear asking for what we want for many reasons, including being afraid of looking needy, ignorant, helpless, or even greedy. Even more common is the fear of rejection.

The irony about a fear of rejection is that although you’re afraid to hear the word no, you’re already saying it to yourself by not asking!

If you find that a fear of rejection gets in your way, consider this: Rejection is just a concept. There is really no such thing as rejection. You're not any worse off by hearing no than you were before you asked. You didn't have what you asked for before you asked, and you still don't. The reality is that you didn’t lose anything by asking.

Being rejected doesn't hold you back from anything. Only you can make that decision.

If someone denies one of your requests, ask them why they said no or what you would need to do to get a yes. You might need to form a better business plan before you will get a loan. You might need to take a course in computers before you will get a promotion. You might need to spend more quality time with your family before you will get the loving support you need. By getting this feedback, you are able to make adjustments and ask again with better chances of getting a yes.

When you realize that there's no merit to rejection, you'll feel more comfortable asking for things.

But you may need a bit of help learning how to ask for what you want.

5 Tips for Asking

There is a specific science for asking for and getting what you want and need in life. Here are five tips to help you get started:

1. Ask as though you expect to get it. Make your request with confidence and a full expectation that your wish will be granted.

2. Assume you can. Don’t start with the assumption that you can’t get what you want. Ask with confidence and make the assumption that what you want is available – you only need to ask for it. You want a window seat? Assume all you have to do is ask for it. You want an ocean view? Cheaper tickets? A scholarship? A better deal? Adopt the attitude that all you need to get what you want is to speak up and say that you want it.

3. Ask someone who can give it to you. If you want a yes, there’s no sense asking a person who is incapable of fulfilling your request. Qualify the person you are talking to before asking. For example, “Who would I have to speak to about getting a business loan?”

4. Be specific. Vague requests produce vague results. So be clear about exactly what you want to ensure you get it. Don’t ask for a raise – ask for $5,000 more a year. Don't just ask for more time with your spouse – ask for a date on Friday night. Don't ask for help on a project – specify what you want the other person to do.

5. Ask repeatedly. Persistence is a key principle of success. Some people will say no to your requests. They have other priorities, commitments and reasons not to participate in the fulfillment of your goals; it’s not a reflection on you. Your job is to keep asking until you get a yes. You may even find that you need to keep asking the same person … and you’ll get a yes when you have new data to present, when circumstances have changed, when the person trusts you more, when the economy is better, or even when the person is in a better mood.

Learning how to ask will make a world of difference for you as you work toward your goals. As with everything, practicing the science of asking will help you improve. You will even speed up your progress by getting what you need, or improving yourself in order to get it later.

Take a few minutes now to make a list of what you need to ask for in all areas of your life. Then identify people who can help you … and start asking!