Tuesday, December 15, 2009

2010: Go Your Own Way

As you pave the way to success for yourself, pay a visit to Ewing Marion Kauffman Foundation (pictured) for additional ideas:
The Kauffman Foundation is working to further understand the phenomenon of entrepreneurship, to advance entrepreneurship education and training efforts, to promote entrepreneurship-friendly policies, and to better facilitate the commercialization of new technologies by entrepreneurs and others, which have great promise for improving the economic welfare of our nation.
See, you are not living in a vacuum. The world is working with you to get that business idea off the ground!

Learn more here.

Saturday, December 12, 2009

Let the Truth Be Told By a Scholar About Women Entrepreneurs

Maria Minniti Ph.D. (pictured), holder of the Bobby B. Lyle Chair in Entrepreneurship at SMU’s Cox School of Business, proves to us that studying women entrepreneurs sheds light on entrepreneurship and wealth creation, employment choices, human capital, labor market dynamics, family dynamics and employment, business creation and peace, to name a few.

Women’s businesses tend to be smaller and to grow less than those owned by men. But do those tendencies really convey the nuances inherent in female entrepreneurship and its full impact across the globe?

A couple of highlights from Professor Minniti's research:
• Women are involved in entrepreneurial activities out of two primary reasons — opportunity and necessity.

• Countries which have healthy and diversified labor markets or stronger safety nets show a more favorable ratio of opportunity to necessity-driven women entrepreneurs.

• Only recently has the link between peace and female entrepreneurship been appreciated; it could represent a very significant source of stability in some of the most unstable areas of the globe.

• On average, women seem less networked than men and, in some cultures, have access to fewer social resources.

• Minniti notes that "women are very strong at negotiating, achieving goal-congruence, and consensus-forming.”

• Self-satisfaction is more important to women that financial profitability and growth; and of course, family considerations are very important in women's jump to self-employment.

• How institutions promote or discourage female entrepreneurship should be studied for its policy implications.
Read more here. And to request a copy of Dr. Minniti's forthcoming paper, “Gender Issues in Entrepreneurship,” go here:

Click to email (Partial email = @cox.smu.edu)

Tuesday, December 08, 2009

When You Go With What You've Got; It Can Become Something Great


That's a quote from 30-year old Norah Jones (a favorite of mine) and I am inclined to agree with her. She's taking her entrepreneurial musical talents in a whole new direction (in her new album, "Come Away With Me," she plays the guitar).

Daring? Yes. BOLD? You bet. Will it pay off? I don't see why not.

We all have to update our talent constantly, go in new directions, launch fresh ideas and take chances in life to become who we are meant to be.

Is that your plan, too, for 2010?

Pictured: Norah Jones (the top one is her new look!)

Friday, December 04, 2009

We Interrupt This Blog To Bring You a Male Entrepreneur: Sir Richard Branson



"If you can run one company, you can run just about any company." ~ Richard Branson

Motivation comes in all shapes and forms. Capture something from this video to spur you on to starting your own business!

Tuesday, December 01, 2009

Leave the Rat Race for Entrepreneurship

Today I did a Google search on:

leave Corporate America

The purpose was to put myself in the shoes of many folks who intend to do just that in 2010 (and of course, it's something I did many moons ago). Below is what I discovered. Are you feeling this way?
Have you ever thought of leaving the rat race before becoming a rat? I worked in Corporate America many years and I don't believe that ...

My decision to leave corporate America crept up on me slowly. It wasn't some lightning bolt of revelation that vividly popped into my brain one morning ...

Corporate America is stealing your life and paying you to give it to them. Quit and start a business!

Incorporate every step listed above before you leave corporate America, and success is guaranteed. Many blessings upon you with preceding ...

Several former financial services and insurance company meeting planners talk about starting their own business—even during a recession.

When I finally decided to leave corporate America the first thing I had to do was determine what my basic needs would cost. I was pleasantly surprised to ...

Would you like to leave Corporate America? Have you thought about what it would take for you to leave Corporate America?

An ideal situation for many people is to leave corporate America and run a home based business. There is no boss breathing down your neck ...

No limits: how I escaped the clutches of Corporate America to live ... Luckily for me, a series of events led me to leave Corporate America back in 2005 and I am now trying to help other passionate and creative people like ...
Need assistance with your idea? Get in touch with a SCORE counselor who can help you live your dream of entrepreneurship!

Friday, November 27, 2009

Do It Oprah-Style: Be a Real Person

If you are trying to build a foundation for your business, why not do it Oprah-style by acting, thinking and speaking like your target audience? In other words, be a real person -- step into the shoes of your client, connect on a personal level and then create a community just for them.

Read more about what I am referring to here.

Pictured: November edition of Oprah magazine.

Tuesday, November 24, 2009

Berry Entrepreneur

Oscar-winning actress Halle Berry turns entrepreneur.
Berry's first fragrance, Halle, debuted in March 2009 after two years of development -- just as the economy was tanking. On March 9, the Dow tumbled to 6,547.05, marking its lowest point in more than a decade. Berry had her doubts about the timing, wondering if "now is not the time to be asking consumers ... [to] buy something else."
Read more here.

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