5 Cities to Consider Launching a Small Business In

When it comes to entrepreneurship and business, flexibility is the key to success. Unfortunately, many entrepreneurs fail to broaden their horizons by limiting themselves to a specific geographic location. If you can help it, avoid grounding yourself in one city. There are plenty of great cities for launching a small business in the U.S., but yours may not be one of them.

Boston

Take a Look at These Five Cities

Location, location, location – how many times have you heard people discuss the role location plays in the valuation of real estate? Well, location also has a lot to do with business.…

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Superior Entrepreneurial Skills that will bring Success to your Business

There are said to be seven business skills that every business man or an entrepreneur adopts to build his empire. These seven skills are more or likely said to be the cornerstones for all the business and entrepreneur success.

Successful female entrepreneur

The seven skill sets are:

Sales

Sales is the deportment that generates revenue in any organization. No matter how good your manufacturing operations are, or how cutting-edge your technology is, or how stern your financial goals are, or how progressive your management techniques are, you still must have a powerful and efficient sales mechanism in place, or everything else will be useless.…

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Debunking 6 Myths About Entrepreneurship

Whether it’s big offices and lots of free time shown in movies and TV shows or the classified ads that shout to you to be your own boss, the allure of creating your own product and building your own business is something you see daily. In reality, entrepreneurship is just like any other job. There are advantages and disadvantages to being your own boss, and having knowledge about the myths that surround entrepreneurs can help you decide if it’s the right path for you to take.

Overwhelmed entrepreneur

Myth 1: You Have to Have Money to Make Money

Everybody knows that Donald Trump started his businesses when his father gave him a small loan of a million dollars.…

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What Can Small Businesses Learn From Start-ups?

Let’s get one thing out of the way: you’re an entrepreneur. Your mind is constantly spinning with ideas to share your passion. You probably already have or at least moving toward stepping away from a traditional day job in pursuit opening your business. You’re about to take that first giant leap toward turning your dreams into a reality.

Startup

Dig further into the motivations behind pursuing a business and you’ll find a myriad of reasons. Here lies the rub. Motive is a key difference between small businesses and start-ups. While they share many characteristics, such as a scrappy, pull-yourself-up-by-your-bootstraps work ethic, start-ups and small businesses do have some key distinctions.…

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Ways to Keep Your Momentum Going as an Entrepreneur

The life of an entrepreneur can be very arduous, but also thrilling. An entrepreneur sees everything as an opportunity to create capital. Not every idea an entrepreneur has will be the motherload of ideas, but the defining characteristic of an entrepreneur is tenacity and the utter resistance to give up.

Determined entrepreneur on the phone

You must try, try again, and work through those one thousand ways how not to make a lightbulb as Thomas Edison did. It only takes one bright idea to illuminate the world and change it for the better, forever. It can be a challenge to keep going, however. Life is full of rejection and it’s not always easy to push through a wall of endless no’s.…

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8 Business Ideas to Start at University

At the University there is a lot of time at the student’s disposal yet most of them are always broke. It is wise to think of possible, feasible business ideas one could venture into to make some cash. The big companies like Google and Microsoft started off from a basic idea, and the business sprouted to eminence.

College students

To do my university essay, I have explored multifaceted business ideas that a student can engage in while at the University. Prior to deciding on the specific business ideas to settle on since they are many, it is logical to conduct research on what people need.…

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How Successful Entrepreneurs Deal with Pressure, Get Stuff Done, and Enjoy Life

The life of an entrepreneur is both exciting and challenging. There would be times when you will be pressured to perform. However, this is one of the great things about becoming your own boss. At the end of the day, your success is up to how you perform in times of high pressure.

Successful young entrepreneur on the phone

Here are several different ways in which entrepreneurs can deal with the pressure and enjoy their lives.

Think Long Term

It is vital to think long term when you own your own business. This will force you to make decisions that are good for your business over the long haul.…

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4 Misconceptions about Running your Own Business

Running a business is a dream job for many and becomes a living nightmare for others. For the ones on the latter side, this may be partly due to what they thought running a business would be like compared to what it actually is.

Overwhelmed entrepreneur

We all see really cool stories of the Richard Branson’s of the world buying up islands because they happened to have the same name as their companies or the billionaire 30-somethings that jet set around the world while Anderson Cooper tags along. We then think, “Wow that could be my island” or “That could be me and my friends going to surf by private jet.”

The reality is, these realities don’t always work out for everyone.…

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Tips For Starting Your Own Medical Practice

Entrepreneurship is well rewarded in the medical field.  If you are strongly competent in your field and know how to take care of business, you could really do well for yourself by owning your own practice.  Sometimes it’s hard for us to know where to start in the beginning, though.  There’s no shame in following the path of others to a successful ending.  Here are a few tips that will help smooth out the rough edges of your journey into business ownership.

Doctor running a medical practice

Education is key

Without a good education under your proverbial belt, you won’t be able to gain a solid reputation in the medical field. …

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The 3-Dimensional Roles of Exceptional CEOs

Being a successful small business owner is about delivering results consistently through your products/services to those you serve. It demands a high level of coordination and execution of several key activities.

Exceptional CEO

These activities cannot be handled successfully by only one person over a long period of time without creating an operational structure/system. Being small is no excuse for wanting to be a one-man army. Someday soon, you will no longer be able to do all the things you so easily do now as a result of age, so what will become of your business then?

By then, you’ll suddenly realize that all your I-can-do-it-all-by-myself attitude as a self-employed entrepreneur is counterproductive.…

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