Is Entrepreneurship For You?

Source:  Business . Gov

In business, there are no guarantees. There is simply no way to eliminate all the risks associated with starting a small business – but you can improve your chances of success with good planning, preparation, and insight. Start by evaluating your strengths and weaknesses as a potential owner and manager of a small business. Carefully consider each of the following questions:

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Is It Time To Re-assess `Women’s Work’ In 2005?

Source: Womens Biz News

According to the April 8, 2005 issue of “The Week” hundreds of thousands of women are leaving. The article states, “A recent survey by the business research firm Catalyst found one in three women with MBAs is not working full time. (For men the ratio is one in 20.)” Denise Michaels, 47, author of the ground-breaking, “Testosterone-Free Marketing: The Yin and Yang of Marketing for Women” says, “For millions of women, the corporate world doesn’t work. The hours, the cutthroat competition and exclusion from `inner circles’ doesn’t set well, so they leave.”

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Are You an Entrepreneur?

Source: Pandecta Magazine

In general, entrepreneurs are people who have high energy, feel self-confident, set long-term goals, and view money and financial security as a measure of accomplishment and piece of mind. They persist in problem solving, take risks, learn from failures (their own and from others), take the initiative, accept personal responsibility and use all available resources to achieve their success.

Entrepreneurs compete with themselves and believe that success or failure lies within their personal control or influence. They do not see non-successes as failures but as learning experiences.

Most of all, they never give up and never quit striving for success.

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Do You Have the Rhythm of Business?

Dr. Shuman explains that “Rhythm” is not what academics often describe as behavioral characteristics. He looks at how entrepreneurs do what they do, and what the sequence is of what they do. “Most people that start businesses start it with a vision of the entity and what it’s going to be: is it going to be a restaurant, is it going to be a manufacturer of sporting goods… The natural born entrepreneurs don’t do that. They start a process that will manifest itself at various times as different business configurations. It’s a continuous never ending process.

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Success Stories: An Artist Combines Art with Entrepreneurism

Jil Wyland, President of Litigation Presentation, Inc. in Atlanta, GA, first “knew I was interested in owning a business when I created my first magazine in 3rd grade (at age 8) and sold subscriptions to my friends,” she says. Although she may not have known the meaning of ROI, she was aware that she had the entrepreneurial fever. “Subsequently I sold artwork on my front yard split rail fence for $1 a piece. Then I hit pay dirt selling candy and cookies out of my bag during school breaks,” Jill recalls.

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