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Hub You - Entrepreneurship - Do You Have What It Takes?
“Who is that hot babe in the picture?” isn’t the type of reply an interviewer expects to hear when he or she invites you to ask questions near the end of an interview. In fact, the way you approach the Q&A session will have a direct impact on the interviewer’s perception of you. Based on the questions you ask, a judgment will be made in regard to how interested you seem to be in working for the company.For this reason, when you are forming questions ask yourself, What do I need to know about the company in order to determine if this is the workplace for me? How you answer this question depends on the career values that are important to you, and therefore, there isn’t a right or wrong answer. That said, make sure that you do not ask the “What’s-in-it-for me?” type question. Though questions regarding salary, benefits, and vacation time are valid, the place to broach those topics is when an offer is on the table, not before.SAMPLE QUESTIONS YOU CAN ASKAre there any plans for a corporate merger or outsourcing initiatives?When a merger or outsourcing happens, layoffs follow. Before you accept a position, you should inquire about the direction the company is taking. Many candidates are under the misconception that only failing companies downsize. In truth, no matter how stable they are, companies are always looking to cut costs.How closely do my qualifications match the requirements for the open position?Two things can happen when you ask th
COMMON ISSUES
The "common denominator" issues facing
Cash register? Check. Employees? Check. Zip ties? Wait a second. Zip ties were not on the small business checklist. Until now. Many small business owners are already using zip ties to bundle cords and cables in their stores or home offices. But zip ties have a myriad of uses, offering convenience and affordability in the pursuit of the American dream.Dry CleanersMultiple pieces from the same customer can be secured with a simple zip tie. Cleaners can keep their racks organized and customers can avoid misplacing an item. An extra dose of customer service will keep a store a cut above the rest.JewelersNecklaces, rings, and other accessories are easily fastened to their tags through the use of a zip tie. Lock the tie on the back of the tag. Then cut the excess tie to help display the product with a crisp, sharp presentation.Florists and VineyardsSome plants need a little help while they grow. Orchids, grapevines, and the like can be attached to sturdy apparatuses with zip ties. Effective yet inconspicuous, zip ties allow the plant be the main event.Retail Store Owners Zip ties make excellent fasteners to hang signs announcing a sale or other announcement. The marvelously robust zip ties aren’t going anywhere soon and neither will store signs.FarmersConnecting stall mats, constructing wire chicken cages, bundling tools – the possibilities are endless for the working farm. Zip
ENTREPRENEURSHIP DEFINED
The Global Entrepreneurship Monitor 1999 defined entrepreneurship as "any attempt at new business or new venture creation, such as self-employment, a new business organization, or the expansion of an existing business, by an individual, a team of individuals, or an established business."
ENTREPRENEURIAL ACTIVITY - AN HISTORICAL PERSPECTIVE
Entrepreneurship is a major contributing factor to the economic well-being of a country both in terms of economic growth and job creation. Traditionally, entrepreneurial ability tended to focus on the following four attributes:
=> Initiative - the entrepreneur takes the initiative to bring together the economic resources of land, labor and capital to produce a commodity (whether a good or a service) with the hope that such production will create a profitable business venture.
=> Decision-making - the entrepreneur makes the basic business policy decisions for the business, thereby setting the course of the enterprise.
=> Innovation - the entrepreneur is an innovator, attempting to introduce new products and new ways of doing things.
=> Risk-taker - the entrepreneur risks his or her time, effort, business reputation and invested funds in the entrepreneurial venture.
THE MODERN ENTREPRENEUR
Until recently, the above attributes, especially innovation and risk-taking, were the dominant factors that defined the characteristics of those who chose to become entrepreneurs.
Now, however, with corporate downsizing being a fact of life, many entrepreneurs find themselves thrust into the role by default.
The question for anyone either finding themselves in this position involuntarily or thinking about leaving corporate life for the heady world of entrepreneurship is whether you have what it takes to be successful ... the "right stuff" in other words. Some people do, in spades. Others simply don't. If you're one of the ones who just doesn't, either resign yourself to working for someone else or cultivate in yourself the qualities that successful entrepreneurs share. Believe it or not, entrepreneurs are not just "born". Well, some, of course, seem to be natural-born entrepreneurs, but for the rest of us, the qualities of entrepreneurship can definitely be acquired by hard work and application.
COMMON ISSUES
The "common denominator" issues facing a
Choosing a gambling merchant account, much like choosing any other merchant account or online payment gateway, requires a good deal of thought and consideration, as the main purpose of an Internet payment gateway is to ensure the safe and secure transaction of funds between an online service provider and a client.There are a multitude of merchant accounts to be found on the Internet today, with some of them choosing to handle transactions for specific online businesses, while others choose to handle all forms of online businesses that require a payment gateway. Certain forms of businesses have been classified as “high risk”, primarily because of some aspect of the business.A high risk merchant account is usually defined by factors such as type of industry, credit history, processing history, average ticket, monthly processing volume, and location of business.Businesses that are considered high risk include adult content, pharmaceuticals, gambling, magazine subscriptions, streaming or downloadable content, dating services, travel and travel related services.Here are some pointers to consider when looking for a viable gambling merchant account provider:1. Make sure to do a market research. Talk to someone who has spent years in the business, you can learn a lot of important things from them. 2. Be sure to check the big numbers, cancellation fees, and most importantly, the hidden fees up front. A merchant account provider who really wants
The Global Entrepreneurship Monitor 1999 defined entrepreneurship as "any attempt at new business or new venture creation, such as self-employment, a new business organization, or the expansion of an existing business, by an individual, a team of individuals, or an established business."
ENTREPRENEURIAL ACTIVITY - AN HISTORICAL PERSPECTIVE
Entrepreneurship is a major contributing factor to the economic well-being of a country both in terms of economic growth and job creation. Traditionally, entrepreneurial ability tended to focus on the following four attributes:
=> Initiative - the entrepreneur takes the initiative to bring together the economic resources of land, labor and capital to produce a commodity (whether a good or a service) with the hope that such production will create a profitable business venture.
=> Decision-making - the entrepreneur makes the basic business policy decisions for the business, thereby setting the course of the enterprise.
=> Innovation - the entrepreneur is an innovator, attempting to introduce new products and new ways of doing things.
=> Risk-taker - the entrepreneur risks his or her time, effort, business reputation and invested funds in the entrepreneurial venture.
THE MODERN ENTREPRENEUR
Until recently, the above attributes, especially innovation and risk-taking, were the dominant factors that defined the characteristics of those who chose to become entrepreneurs.
Now, however, with corporate downsizing being a fact of life, many entrepreneurs find themselves thrust into the role by default.
The question for anyone either finding themselves in this position involuntarily or thinking about leaving corporate life for the heady world of entrepreneurship is whether you have what it takes to be successful ... the "right stuff" in other words. Some people do, in spades. Others simply don't. If you're one of the ones who just doesn't, either resign yourself to working for someone else or cultivate in yourself the qualities that successful entrepreneurs share. Believe it or not, entrepreneurs are not just "born". Well, some, of course, seem to be natural-born entrepreneurs, but for the rest of us, the qualities of entrepreneurship can definitely be acquired by hard work and application.
COMMON ISSUES
The "common denominator" issues facing
The following story tells how a customer experience went from funny to sad in less than 24 hours, and five secrets to creating an outstanding customer experience.Recently, Joy and I were invited to go to a local comedy club. It was one of those clubs where you eat dinner while listening to the comedians.We had a very enjoyable evening with our hosts. The comedians were funny and the meals were delicious. The server gave us our check for the meals and, after perusing the bill, gave the waiter our credit card for payment. I noticed that the waiter went to all the tables he served at the same time and collected all the receipts and credit cards, cash, and payments at the same time. We were a little concerned that the payments would be applied to the wrong receipts. However, we assumed the best and assumed the server had an organized system for applying the payments to the right receipts.We were wrong!We checked our online account balance and saw that there was an incorrect charge of $75 in addition to the normal charge. Not only that, the overcharge resulted in this account being over the limit which resulted in an additional overlimit fee of $39. Suddenly, it was not so funny.The following are five secrets to resolving a customer service situation and creating a great customer service experience:Walk the TalkJoy telephoned the comedy club at 10:12 a.m. of the morning she
=> Decision-making - the entrepreneur makes the basic business policy decisions for the business, thereby setting the course of the enterprise.
=> Innovation - the entrepreneur is an innovator, attempting to introduce new products and new ways of doing things.
=> Risk-taker - the entrepreneur risks his or her time, effort, business reputation and invested funds in the entrepreneurial venture.
THE MODERN ENTREPRENEUR
Until recently, the above attributes, especially innovation and risk-taking, were the dominant factors that defined the characteristics of those who chose to become entrepreneurs.
Now, however, with corporate downsizing being a fact of life, many entrepreneurs find themselves thrust into the role by default.
The question for anyone either finding themselves in this position involuntarily or thinking about leaving corporate life for the heady world of entrepreneurship is whether you have what it takes to be successful ... the "right stuff" in other words. Some people do, in spades. Others simply don't. If you're one of the ones who just doesn't, either resign yourself to working for someone else or cultivate in yourself the qualities that successful entrepreneurs share. Believe it or not, entrepreneurs are not just "born". Well, some, of course, seem to be natural-born entrepreneurs, but for the rest of us, the qualities of entrepreneurship can definitely be acquired by hard work and application.
COMMON ISSUES
The "common denominator" issues facing
Package design is not decoration. Did you know that 80 percent of all purchasing decisions are made in-store? As traditional media is being revolutionized right before our eyes, your packaging will most likely be the first introduction a consumer has to your product and we all know how important first impressions are. Your package is a valuable asset that can make or break the sale of your item and should be considered as important as the item itself. After all, no one is even going to try your product if the package is not appealing…there’s simply too much competition to choose from. Let’s review four key packaging attributes that should be considered prior to making any packaging decisions. Innovation, Visibility, Content and Appeal. Innovation The buzzword in product development today is innovation. You can only color and shape a toilet brush in so many ways before you have to start considering how to change the mechanics of the product, thus the invention of disposable heads. The same theory can be applied to packaging design. Take Target’s pharmaceutical packaging for example. For years your pills were delivered in the same cylindrical bottle with the same small text and illegible instructions. Hopefully you didn’t have more than one family member with prescriptions or else your medicine cabinet really became confusing. With the innovation of Target’s bottle, not only do you know whom the prescri
THE MODERN ENTREPRENEUR
Until recently, the above attributes, especially innovation and risk-taking, were the dominant factors that defined the characteristics of those who chose to become entrepreneurs.
Now, however, with corporate downsizing being a fact of life, many entrepreneurs find themselves thrust into the role by default.
The question for anyone either finding themselves in this position involuntarily or thinking about leaving corporate life for the heady world of entrepreneurship is whether you have what it takes to be successful ... the "right stuff" in other words. Some people do, in spades. Others simply don't. If you're one of the ones who just doesn't, either resign yourself to working for someone else or cultivate in yourself the qualities that successful entrepreneurs share. Believe it or not, entrepreneurs are not just "born". Well, some, of course, seem to be natural-born entrepreneurs, but for the rest of us, the qualities of entrepreneurship can definitely be acquired by hard work and application.
COMMON ISSUES
The "common denominator" issues facing
It is now common thing when large corporation selects mid-market ERP or so-called standard functionality MRP solution as its corporate accounting system. Microsoft Business Solutions Great Plains is very good candidate. As all MBS ERPs it has MS SQL Server 2000/2005 database platform and allows you to deploy customizable and altered solution, serving large corporation HR department. If you use US / Canadian Payroll module as paycheck solution for internal employees – you probably don’t need custom logic. In this small article we’ll show you the way of tailored integrated solution for nation-wide placement agency.• The Market. There is huge placement market in healthcare – registered/certified nurses, also we see growing placement market in other industries, especially looking for temporary workforce: wholesale & retail, manufacturing, agriculture, etc.• Paychecks. Temps might work for one or several of your regional clients and they may decide to walk in to one of your regional offices to request immediate paycheck for their weekly work. Each office should be capable to issue paycheck immediately and the problem is to process and post it in Great Plains. Definitely you can use eConnect to create work checks, but eConnect doesn’t allow you to post transactions, this is why you need custom solution. If you are large company – you may have a need to issue several thousand checks per day – automatic posting is the must.• Additional Complications. US a
COMMON ISSUES
The "common denominator" issues facing all entrepreneurs are planning, finance and implementation.
=> Planning
All entrepreneurs face the challenge of starting a new business, be it through innovation (inventing something new or doing something a different way), finding the right opportunity to get into, or buying a franchise. Whichever road you choose, it will involve serious planning.
=> Financing
Unless you have ready funds at your disposal, getting finance is the next major challenge and cannot be attempted until your business plan is in place. You will need to prepare funding proposals and applications for loans, venture capital, and funds from angel investors.
=> Implementation
This is make or break time. Many people think just getting started is the hard part - and it is hard. But where many businesses stumble is not in the planning and financing stages but in implementing their business plan. Why this is so is not certain. There are various hypotheses including the idea that ideas people and implementation people are two very different breeds and it is highly unusual to find one person who can do both. More likely though, is the simple fact that implementation requires such a broad range of skills that no one person can possibly be adept at all of them.
The real challenge and skill of the entrepreneur, then, is to recognize what you do well and then appoint employees or subcontractors to do the rest. Of course, if you're running a business on a shoestring, this simply may not be possible! So be brutally honest and objective in assessing your particular strengths and weaknesses BEFORE you cash in your day job and your 401K.
The areas to think about in terms of implementation are the same as those encompassed by a broad definition of management: promotion (marketing and advertising), public relations, sales, employees, communications, legal issues, plant and equipment, risk management, disaster planning, crisis management, insurance, technology, computer systems, taxes, bookkeeping, finance, and the internet.
PERSONAL QUALITIES
Equally important as the common issues shared by all entrepreneurs are the personal qualities of the entrepreneur him or herself. To start you thinking about whether you have the right stuff to make a success of an entrepreneurial venture, here's a list of character traits and wo
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