| Navigation: | Home | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | | ||||||||
| ||||||||
|
Entrepreneurialism Information |
|
|
|
|
|
|
|
|
Determine Your Niche & Be Successful
What's a niche? Dictionary.com provides a great, twofold definition: It's safe to say you will be most successful and fulfilled in business if you provide a product or service that others want or need, in an area that is "right up your alley." There are thousands of business opportunities but just because something worked for someone else, doesn't mean it will work for you. Doing something you love is undoubtedly your best option. "But," you say, "what I love is just a hobby. I can't make money from doing that." Well, chances are you'll be able to figure out a way to turn a profit from it. All it takes is a little creativity. Answer these questions to hone in on a business idea that will suit you and therefore, set you up for success. When answering the questions, don't limit your answers. Brainstorm. Write down everything that comes to mind, regardless of how silly, impossible or unprofitable it seems.
Once you've jotted your answers down, review them and see if you pick up on any themes. Again, don't write anything off at this point, just group like things together. Maybe you listed your job as a teacher's assistant (TA) in college as being one you enjoyed. Perhaps several friends have told you you're really good at explaining computer problems. These two items would constitute a theme such as teaching, troubleshooting, finding answers, etc. The theme "name" isn't important; the job characteristics are. Now look at the your themes. Are there any that stand out above the rest? Any that really stir up passion and excitement in you? This is your niche in the larvae stage. All it needs is a little "fleshing out." Time to get creative. Look at your theme from all angles. Try to figure out a way you can make money from it. What are others doing with it? Google some keywords to see what kinds of websites pop up. Ask people around you for ideas. Take advantage of the creativity of other entrepreneurs and small business owners in online forums and offline networking groups. If a second or third theme emerged during your brainstorming session, come up with ways to integrate them into your primary theme. Think outside the box but stay true to who you are. The possibilities are endless! Amy Andrews is the owner of SimplyComplete.com, where businesses & individuals post their to-dos for free and find virtual assistants to help get their to-dos done!
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
|
|
|
RELATED ARTICLES
Creativity & Entrepreneurship: The Creative Evolution of an Intellectual PropertyŠ In each of us, there is a creative spark - a unique purpose and destiny for which we are born. Most of us have forgotten what that special gift is, or we are afraid to live it. An Entrepreneur Is An entrepreneur is an innovator. She sees a need in the marketplace and creates something new to fulfill that need or improves upon an existing mechanism that already fulfills that need. Entrepreneurial Ongoing Education Advice I would like to give some advice to all the up and coming entrepreneurs; if you really want to be a superstar not only do you have to work harder and smarter than the competition, but you must always keep learning. I built a company from a bucket of water and a sponge into a National Car Wash Franchise System in 23 states. Business Ideas Richard Branson, billionaire founder of Virgin Records and Virgin Atlantic Airlines, may be better known for his efforts to circle the globe in a hot-air balloon than for his business successes. He suggests that "Being an adventurer and an entrepreneur are similar? You're willing to go where most people won't dare. Raising Capital for Your Business - How Long Does it Take? Most companies vastly underestimate the time commitment necessary to successfully complete a financing. In actuality, a company seeking financing needs to budget between 500 to 1000 work-hours to the capital-raising process, spread out over a 6-9 month time period. Business Planning Overview The successful entrepreneur is generally more inclined, once a business idea is selected, to sharpen the concept by a detailed planning process. The result of this step is a comprehensive business plan, with its major components being the marketing "mix," the strategic plan, operational and logistical structures, and the financial proposal. The Cockroach Test Let me ask you a question? Imagine I would offer you $10 for eating 10 living cockroaches. Would you do it? Now listen, I raise the ante and offer you $100. The 5 Senses of an Entrepreneur If you have seen me speak you will know that I believe the word 'entrepreneur' is used way too much these days. People seem to wear it as a badge instead of just getting out there and doing entrepreneurial things. Learn how to Compress Time In the popular 1980's movie "Dune," man learned that by "folding space" the distance between two points shortened and he could cover those distances faster. Around 1995, we found a substance that could bend time in the business community -- it was called Venture Capital. The Role of Statistics in Prospect Modeling Identifying prospects has come a long way since the days of simple list buying. With the hype flying fast and furious, sometimes it's difficult to sort out truth from fiction and to put things in the proper perspective. Entrepreneurs - Your Well Being Should Come Before Profits I believe the spiritual aspect of life, especially to entrepreneurs, is very important. While business may be the focal point for an entrepreneur's life, it's your outlook on life that shapes what kind of person you are. The Six "F" Words Every Entrepreneur Should Know Start your own business, and soon enough, you find yourself in a situation where there are many things you want to say, all of them unprintable.It happens to every entrepreneur - a moment of extreme challenge that causes you to wonder why you started the (expletive) business in the first place. Questions For The Entrepreneur To Be Entrepreneurial e-gnorancePart 1: Questions for the entrepreneur to beIf you are an entrepreneur starting out, or have been around the block for some time but are yet to hit on the jackpot, you might be missing out some of the cornerstones of doing busingg through the new age media, the internet. Ask yourself the following questions and in seeking out answers to the, you may find the magic touch that could propel you to the success that drives you everyday. Are You an Entrepreneur That is Starved for Time? Being an entrepreneur and running a successful home-based business is stressful at times, and can be hectic. Success within a home-based business though, absolutely demands time management skills, or the chores that need to get done will be left undone, and procrastination, as well as a serious "personal time deficiency" will occur. The Business and Life You Want to Build In the early days of my first consulting business, I knew I needed some sort of plan to give me the greatest chance at success. I took many a wrong step, yet in the end I managed to put a solid business together. Entrepreneurship: Insight and Closer Look At The Entrepreneur Life as an entrepreneur is the American Dream. To be able to be your own boss, own your own business, never report to anyone else, work from home, make unlimited earnings and income potential, etc. Rx for Falling Corporate Profits Once again the squeeze is on as renewed inflation worries slow the economy's growth and many companies resort to believing that cost cutting is the best means to scramble back to profitability in an uncertain economy. The problem with this classic approach is that it sends the clear message to your brightest and best talent that no matter how well they perform, today there is no job security. Envisioneering It never ceases to amaze me. Almost everyone peers into the future through a rear-view mirror. Cross Polination of Innovations in the Cleaning Industry According to the latest edition of Pool and Spa news; the costs of maintaining a pool, maintenance service averages about $30.00 to $150 per month depending on competition, size of pool and area you live in. Reducing the Stress of Being an Entrepreneur Starting and running your own business can be exciting and rewarding, but it can also be very stressful. For most of our almost 40 year marriage my husband has been an entrepreneur and I have sometimes worked with him.
|
| home | site map | contact us |