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The Entrepreneur

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Four Questions to Ask Yourself Before Starting A Business
Johnson Emma
4/12/2010
Article Resource
Summary:

Not so fast, Martha Stewart.

OK, you're special. You are talented and one of the best at what you do. But that doesn't mean that you're equipped to run your own business--even one within a field or industry you've been working in or following for years.

To wit: 627,200 new businesses opened in the U.S. in 2008--the same year 595,600 businesses shuttered and 43,546 filed for bankruptcy, according to the U.S. Small Business Administration (SBA). Likewise, 30% of small businesses fail within the first two years and half close shop within five years, according to the SBA.

The fact of the matter is that far too many people launch their own companies for all the wrong reasons and without the tools it takes to succeed. Before handing in your notice and signing a lease on an office, it's imperative you take a hard look at yourself in the salaried eye and ask yourself a few critical questions that could mean the difference between a fulfilling life as your own boss and speed-dialing a bankruptcy lawyer.

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Entrepreneurship News Roundup: Week of 4/9/2010
Ruhe Thom
4/9/2010
Blog Resource
Summary:

Babson College in Massachusetts is taking an innovative approach in bringing the entrepreneurial spirit into the classroom.

You don’t always need to be born rich to make your life a success story. Take a look at 20 billionaires who made it big through hard work,...

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Getting to Plan B (Entire Talk) - Randy Komisar (KPCB)
Komisar Randy
4/8/2010
VideoSeries Resource
Summary:

While Plan A may begin the backbone on which an entrepreneurial idea is hinged, succinct data gathering and constant market evaluation more often lead to profit with the next idea in line. The tech sector breeds innovation, says KPCB partner and frequent speaker Randy Komisar, and to do so it is required to accept the numerous fits and starts of the start-up.

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Inspiration Leads to Innovation
Ruhe Thom
4/7/2010
Blog Resource
Summary:

Last week I once again had the honor to attend the National Inventor’s Hall of Fame Induction ceremony and celebration gala that took place at the beautiful campus of the United States Patent and Trademark Office.

It is hard to convey the incredible impact many...

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World's 20 Self-Made Billionaires
4/7/2010
Article Resource
Summary:

Some people are born rich, others are not so lucky. But it is definitely the self-made billionaire who inspires everyone more than anybody else. The fact that hard work, business acumen, determination, perseverance, and smart decision-making can help even ordinary people become rich appeals to all. Here are 20 billionaires who were not born with the proverbial silver spoon in their mouth, but made it big by the dint of their courage and intelligence.

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Entrepreneurship: What's in a Name?
Stangler Dane
4/7/2010
Article Resource
Summary:

Who is the real entrepreneur? What does it mean to be self-employed?  Dane Stangler examines this question and what it means to be an entrepreneur during these tumultuous economic times.

At the University of Miami a few weeks ago, I had the opportunity to attend an entrepreneurship class with roughly 40 students. Most of them were juniors and seniors, joined by a small number of law students. The course had so far covered the theoretical literature on entrepreneurship, but on this particular day all the students wanted to talk about was their own futures.

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Startup to Tap River's Energy
Tait Stephen
4/7/2010
Article Resource
Summary:

A startup energy company has received federal and state approval to install a device in the St. Clair River that will create electricity from the flow of water. Vortex Hydro Energy, which has exclusive rights to commercialize atechnology patented at the University of Michigan, will install the device in July. It will be north of the Blue Water Bridge on Dunn Paper's property at 218 Riverview St., Port Huron

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Getting to Plan B
Komisar Randy
4/7/2010
Audio Resource
Summary:

While Plan A may begin the backbone on which an entrepreneurial idea is hinged, succinct data gathering and constant market evaluation more often lead to profit with the next idea in line. The tech sector breeds innovation, says KPCB partner and frequent speaker Randy Komisar, and to do so it is required to accept the numerous fits and starts of the start-up.

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What Sets a Great Leader Apart
Rein Shaun
4/6/2010
Article Resource
Summary:

The Goldman Sachs Foundation recently invited me to share some thoughts about leadership with a group of Chinese university students who had been named Goldman Sachs Young Leaders. As I prepared my remarks, I thought about the bosses, coaches, teachers and other people who had most inspired me in my life. Did they have common personality traits that made them great leaders? I thought about billionaires like Sergey Brin and Larry Page, the founders of Google, and Steve Jobs of Apple. Can we learn from them? Are they good leaders?

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Nanny Sam to the Rescue: Stop the Startups!
Rice Bob
4/6/2010
Article Resource
Summary:

One of George Bush's most memorable lines was his complaint that the French had no word for "entrepreneur". Well, if Senator Dodd's new financial reform bill becomes law, we may well have the word, but no longer any need for it.

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