The attitude one has towards their business and towards their success or failure is a key component to lead a happy entrepreneurship and successful life. Entering an entrepreneurship can be and is a scary road trip for most, and never did it guarantee instant success. But those who come out strong are those who learnt how to fall standing up. Many if not most of the world’s millionaires are professional entrepreneurs who have faced up to failure several times in their lives. The question that should be asked is not whether will you fail as an entrepreneur, but rather when you do fail at a project¾why and how did you fail. And it is from here that you must learn how to start again. To get started, there are 15 basic principles to watch out for in a free enterprise. The 15 principles are divided into two parts: developing the correct frame of mind and making the right decisions.
"Never Bet the Farm is an easy-to-understand and attractive tool for anyone who has a business idea, but who might be wary of the risks implied in starting their own business." - Wiley
"Kaufman went looking for a pizza and ended up on Wall Street, giving a revealing view into commodity markets and food pricing." - Kirkus
"I strongly recommend Bet the Farm – it’s an entertaining book about global finance that could prompt some new conversations about food and finance among audiences who, until now, haven’t necessarily been collaborating on food work. You may never look at a slice the same way again!" - Grace Communication Foundation
"The proposed solutions calmed my nerves, if only briefly, since they offer a hopeful way out of the maze of markets, and because I actually understand them" - Civil Eats
A company, no matter what it does, and how it does that, is nothing other than a product you are preparing to sell. After all is said and done, that is what an entrepreneur is: an inventor of a grand and growing company – a product – which ultimately will be
You’ve probably seen this phenomenon in your family or friends, or maybe even within yourself, where the fears don’t seem to match the facts. Sometimes we’re more afraid of what the scientific evidence suggests are relatively small risks, but quite often, we aren’t afraid enough of the risks that the evidence
Single Point of Failure: The 10 Essential Laws of Supply Chain Risk Management uses analogies and dozens of case histories to describe the risk parasite that infects all supply chains while revealing methods to neutralize that parasite.
Whenever someone makes a decision and tries to be reasonable and restrained, the brain is awash in feelings, driven by its inexplicable passions. These emotions secretly influence our judgment. Naturally, these feelings sometimes can lead us astray and cause us to make all sorts of predictable mistakes. To make good decisions, God
Risk Management methods are many and are fairly new. They are growing in popularity. Some are well-established and highly regarded. Some take a very soft qualitative approach and others are rigorously quantitative. When such methods are measured rigorously, they don't appear to work. The answer for the second question is also
The purpose of The Sticking Point Solution is to help entrepreneurs and executives recognize the ways in which their businesses may be stuck, and to then give them tools for getting unstuck and enjoying exponential growth. To achieve this, Jay will help you to identify the nine “sticking points” that keep
Good luck could be due to: good timing, a chance meeting, a fortunate find or a favorable change in consumer tastes and of such. Bad luck can be attributed to: economic recession, death or illness of a key client, a natural disaster and of such.
Despite it being part of the equation, luck is not something to dwell on and no matter how much you hope and pray for it, good luck will not necessarily fall on your lap.
The main concept behind Dell Computers was to sell directly to the user and making the process of selling a computer easier.
One of the latest trends happening now is known as “clutter buster”. This new service is to help people sort out and organize their work and lives due to the increasing amount of information and responsibility that individuals are handling in this era of time.
The execution of an idea is more important than the idea itself. History shows us that one idea can easily come, at the same time, to more than one person, but the one who executes his idea best, comes out as the winner.
It is known that your business is at a most threatened height when you do not take your fears into account. Being the natural instinct that it is, fear raises your awareness and you can use it as a natural defense mechanism. Using fear correctly, will enhance better decisions and will allow you to tune in finely on your actions.
Top entrepreneurs take many years to hit the top. Wal-Mart, America’s biggest retail store, spent years researching the Japanese market before investing and still worked behind the scenes a few more years, learning as much as they could about the Japanese market while slowly breaking in their American system.
The best way to know if it is ‘the right time’ is by being confident that you will deliver what you promise.
Too much expanding might even force you to turn down new customers, simply because your resources cannot keep up with the flow.