Lewis Schiff, author of the book Brilliant People, claims that there are seven key principles of work and wealth-building practised by the super-successful but avoided by ordinary people.
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You need more than just a MacBook and a blog to be an entrepreneur, writes Steve Tobak for Entrepreneur.com. He also points out that just calling yourself a CEO doesn’t make you a leader, either.
Unfortunately, it’s a stark fact of the business world that the majority of startups fail. As Tanya Prive points out, writing for Forbes.com, a new business represents a journey into the unknown, and entrepreneurs need to embrace ambiguity, uncertainty and multiple challenges.
Many people dream of taking the plunge into entrepreneurship but always find a ready-made excuse as to why they should refrain, observes Jeff Haden, writing for Inc.com.
The author lists some of the most common but spurious reasons that would-be entrepreneurs use to talk themselves out of a life-changing move:
Good writing skills can enrich anyone’s life, but are particularly important for entrepreneurs, according to Josh Steimle, writing for Forbes.com.
Entrepreneurs often devote a lot of time to their initial business idea, as well as the figures involved. But all too often, little time is afforded to strategic thinking.
This problem can become more acute as the business grows and the leader spends most of his time concerned with the day-to-day running of the company.
In Harvard Business Review, Jeffrey H. Dyer, Hal B. Gregersen, and Clayton M. Christensen discuss the five "discovery skills" that make true innovators stand out from the crowd.
A new breed of ‘global entrepreneur’ has developed, as an increasing number of start-ups are operating across borders, according to Daniel J. Isenberg, writing in Harvard Business Review.
Dr Steven Berglas discusses the source of motivation for entrepreneurs on Forbes.com.
On Inc.com, Darren Dahl discusses how entrepreneurs can assess the market potential of a new product or service.
On Bloomberg Businessweek, Sharon Nunes urges readers to "unleash their inner entrepreneur", as she shares the lessons she learned while launching a new business unit at IBM.
Just what is an entrepreneur? According to Jeff Stibel, writing for HBR.org, entrepreneurship can be likened to a disease. Explaining his reasoning, he says: "Having it myself, I am not always sure it is a good thing. That so many people wish to suffer from it just tells me they don't understand it."
Is your great idea good enough, and can it become profitable and deliver a return on any investments? Although there's no real way of finding out until you try, business website Inc.com offers some start-up preparation tips.
Writing for the Wall Street Journal's website, Rosalind Resnick, founder and CEO and Axxess Business Consulting Inc, highlights the mistakes that start-up entrepreneurs make. Resnick admits that "when it comes to starting a successful business, there's no surefire playbook that contains the winning game plan".
Writing for HBR.org, Stever Robbins says it is important for entrepreneurs to develop their communication skills, warning that "silence isn't golden; it's dangerous".
The challenge of attracting talented people to a start-up business is discussed by Issie Lapowsky on Inc.com. The author observes that good employees are valuable and essential for growth. With that in mind, she imparts some advice for entrepreneurs looking to recruit the right kind of people for their business.
Martin Zwilling of Forbes.com provides entrepreneurs with a ten-point guide to measuring the progress of their start-up, revealing the signs that are likely to impress financial backers.
Stever Robbins uses his blog on HBR.org to define "advanced entrepreneurship", and attempt to answer the question, "What makes an entrepreneur successful?"
On Forbes.com, Martin Zwilling outlines a recipe for a great business plan, revealing the ten essential ingredients.
According to the author, investment-grade business plans usually consist of around 20 pages, which should also contain these ten key elements that matter most to business owners and investors…
Starting a part-time business can be a low-risk entry into entrepreneurship, says Eric Markowitz of Inc.com. He offers some advice on getting your business idea off the ground in your spare time.
On Bloomberg Businessweek, Karen E. Klein examines entrepreneur Sasha Gurke's advice on keeping a business thriving – the overall theme of which is: think like an engineer.
On Fast Company, Mark Suster advises entrepreneurs on using PR firms for their start-up companies. He says: "One of the most frequent questions entrepreneurs ask about when they raise a little bit of money or are getting close to launching their first product is whether they should hire a PR firm.
Are you finding it difficult to attract top talent to your company? Do you need ideas for finding extraordinary employees to help with your venture?
If so, Verne Harnish offers some advice on the Fortune website in the form of the following five tips:
Do you feel that your work as a manager is getting more and more complicated? You are almost certainly right.