Category: Entrepreneur

How To Be An Effective Entrepreneur Yourself

Success in the business industry was never too much for newcomers to stop the innovation. If people could understand their roles and specifics, they’ll discover the different paths our economy could offer despite its downfalls. Our entrepreneurs have played an essential role throwing a lifeline in this economic society. Aside from the profit, entrepreneurs are also recognized and awarded for their contributions and success.

To be one, you should act like one. Not just by making people believe that you are an entrepreneur, you should give them the benefit of recognizing your worth as someone who once dreamed and now conquered. Instincts must never be put to a shut as responsibilities come with a price.

These modern day businessmen and women have different roles to establish. A role in the market industry, a role for his people, a role to make a new discovery making the world perceive change amidst economic struggle, a role to his fellow laborers,. a role to his suppliers, a role to his competitors and a role to self-fulfillment.

The market industry has always been crowded with buyers and sellers. The thrill of discovering a new product would entice clients to want more than expected. Satisfaction should be guaranteed.

One of the most important roles of an aspiring entrepreneur is to always keep customer satisfaction at its highest point. They should understand the difference between the wants and needs of their consumers. Providing the available resources is not enough to satisfy a need because people are born to crave for more than the usual amount given.

An entrepreneur should always be on the lookout for new creations and new ideas, not missing a spot. If worse comes to worse, he could always revitalize his resources by trying special strategies to cope up with liabilities.

As an owner and a manager of his own company, an entrepreneur should also think about his employee’s welfare. It is not only important to achieve customer satisfaction but also a good employee-employer relationship. Now nobody wants people banging on their doors in the middle of the night just because of unfair salaries.

Where would you get materials, machineries and facilities needed for production? From suppliers. With the constant price hike, an honest negotiation would bring much advantage. An entrepreneur should be capable of assembling all the elements into one and at the same time treat each element equally. Dealers are like gasoline that fuel-up the industry with the appropriate raw materials, facilities and machineries.

Battling everyday disappointments and struggles can make a man fall to his knees and give up everything he has worked hard for. But on the end of the day there would still be hope to do better. This is a world where competition made history.

From hair accessories to foot wear, every brand has made its trademark. That’s why a businessman should always see to it that his fellow competitors would be compelled and would do anything to imitate what he has uniquely done. Catching their attention is mission accomplished.

At the end of the day, when you go home, you’d think about the tiring day that you had. Flashbacks of that multimillion deal you had with a business tycoon. That’s self-fulfillment. No, it wouldn’t be only for the money but also for respect and recognition.

Kenneth Yellowe Entrepreneur Par Excellence

Its difficult to find an entrepreneur who is as well-known as Kenneth Yellowe. This well-known professional is the owner and founder of the Global Energy Group. There are many companies that deal with liquefied petroleum gas but Global Energy was set up with the primary purpose of collecting local gas and energy with energy efficient methods and then processing it for its parent company Shell oil. The company slowly became so popular that it expanded to add many more subsidiaries to the parent company slowly becoming one of the largest oil and gas processing companies in Africa, America, Europe and Asia.

All these efforts are the hard work of company chairman and CEO Kenneth Yellowe. This professional spent more than ten years of his life working to streamline the oil and gas processing plant that he set up in Nigeria. He initially had no experience in oil and gas but with years of hard work he was able to set up one of the best support and development resources in the entire world for the processing and development of gas and petroleum in the world. He was the first to recognize that Nigeria had one of the largest resources of oil and petroleum that had to be tapped by the natives for it to be the most profitable.

As a result, his primary aim was to set up the very first indigenous oil processing plant that would involve the local population in it. The processing plant and rigs would provide local Nigerians a source of income as well as improve the local quality of life. It was a tough struggle as the native Nigerian had no real experience.

That didnt stop him at all as he brought in a team of consultants in the form of oil professionals, technicians, skilled and unskilled workers and even an entire team of engineers to reverse engineer rigs that would fit the unique Nigerian climate. And it worked like a dream! The company was able to achieve a strong foothold in the country. Millions of families now work for the company improving their quality of life, education and livelihood.

Even untrained local youths are incorporated into the workforce to teach them a livelihood which will help them in their future. The company is dedicated to providing the best quality if service for all its customer companies. Newer goods, better drilling techniques and world-class purification procedures are an integral part of the company and they have worked to make Global Gas and Refining, the industry giant that it is today.

How to be a Successful Entrepreneur with Jeff Nourse

Jeff Nourse is a successful entrepreneur who is an innovative thinker, a brilliant strategist, and a passionate, creative and driven leader. Jeff Nourse has over 20 years of experience in international retail and medical executive management. On top of that, he has been involved in the spa industry for over 15 years. Jeff Nourse created the largest and most successful medical spa chain in all of North America. Most recently, he has created a new chain of high-end medical spas that offer a -guaranteed results- program. Jeff Nourse knows what it takes to be a successful entrepreneur. Below, he would like to share some of the traits that you should have to find your own entrepreneurial success.
Keep the ideas flowing. Jeff Nourse says that one of the most important traits of any entrepreneur is that they keep the ideas flowing. Jeff Nourse says that they can bad ideas, mediocre ideas, or great ideas. The only thing that matters is that you keep your ideas flowing so that they never stop. The successful entrepreneur will continually ask himself or herself what comes next.
Make sure to look forward, not backward. Jeff Nourse says that another important trait of the successful entrepreneur is that they think ahead as much as possible. According to Jeff Nourse, it is vital that you have a clear set of goals. Additionally, do not look back on past mistakes, as Jeff Nourse says that line of thinking only serves to slow you down, or stop you in your tracks entirely.
Have the need to become an expert. Jeff Nourse has mastered many skills, roles, and industries in his time as an entrepreneur. He has done this because he has a passion and desire to be an expert at many things. Jeff Nourse says that the best way to do this is to stay in one industry for many years. This will help you to learn all the ins and outs of that particular industry, and it will lead you to become an expert in that particular field.
Be an open-minded person. Jeff Nourse says that one of the things that have saved his career and his company is the fact that he has an open mind. When faced with a problem, Jeff Nourse says that any potential idea for a solution may be a good one. Jeff Nourse knows what it takes to be a successful entrepreneur. He hopes that you will use the above information to find your own success.

http://www.entrepreneur.com/article/227776
http://www.forbes.com/sites/actiontrumpseverything/2012/11/28/how-to-be-a-successful-entrepreneur/ a>

Entrepreneurs In An Age Of Globalization

Entrepreneurship is an activity of commencing a new business.

What are the advantages of entrepreneurship?
There are many advantages of entrepreneurship.
Some of the advantages of entrepreneurship are as follows
It can get the entrepreneur a large some of monetary gain.
It helps a lot in the growth of economy.
It creates self employment.

Like this there are plenty of advantages of entrepreneurship.

What is an Entrepreneur?
Entrepreneurs can also be known as the owners of a company who takes care of all the areas of risk and profits in the company. He is concerned with all financial activities of the company.

What are the characteristics of an entrepreneur?
There are special characteristics which makes an entrepreneur successful.
Some of them are mentioned below:-

1- For being a successful entrepreneur he must work for long and give his maximum time to the company. For that he should be healthy enough.
2- He should learn to accept challenges .He should not give up if he has met with failure.
The attitude of try again till you succeed should be in him.

3- He should be a real competitor. He should have the courage of setting high targets of his own and should have the capability to achieve it.
4- He should be a real professional. He should be least bothered with all the personal issues when he is at work.
5- Discipline is highly important for the entrepreneurs. He should have a control on all his habits. The skills of time management should be in him.

Some benefits of being an Entrepreneur.

1- Entrepreneurs have got a great opportunity to contribute to his society. He creates employment for other people which is the best way to serve the society.
2- Entrepreneurs become very confident in life as entrepreneurship requires a lot of confidence.
3- Entrepreneurs enjoy freedom. They are there own boss. They create tasks for themselves and then work on it the way he wants.

Challenges for Upcoming Entrepreneurs
Problems in the establishment: Merely about one half of latest business project stay alive five years and 95% of all business are small, the budding entrepreneurs need to gain knowledge as much as feasible to certainly bang the victory rate for business.
Administration Problems: In the commencement of budding entrepreneurs business, about the quarter of the entrepreneurs declared that their troubles were diverse and focused on themselves(calculating their own time, setting targets and monitoring presentation),their employees (finding/preserving experienced employees)and accessing useful information(getting useful business information).

Some of the Leading Entrepreneurs
1- Gates, William H – Microsoft
2- Ellison, Lawrence – Oracle
3-Allen, Paul – Microsoft
4-Buffet, Warren – stock market
5- Moore, Gordan – Intel
6- Dell, Michael – Dell Computers
7- Kluge, John – Metro media

Colleges teaching about Entrepreneurship
DePaul University, Chicago
Florida International University, Miami
Harvard University, Cambridge, Mass.
Howard University, Washington, D.C.
Simmons College, Boston
Sitting Bull College, Fort Yates, N.D.
University of Arizona, Tucson
University of Colorado, Boulder
University of Texas, Austin
University of Rochester, Rochester, N.Y.

Discussion about the Global Expansion

Mike Eskew, the chairman and CEO, UPS says Globalization is inevitable. Technology, the democracy of information, deregulation, economics, and education are seeing to that.

Hideo Sugiura, Honda Motors says While it is true that a good product knows no national boundaries, there are subtle differences, from country to country and from region to region, in the ways product is used and what customers expect of it.

Todd g Szalkowski, Ernst & Young LLP says The overseas markets are recognized as an essential consideration in todays ventures growth strategies as global economies represent new market opportunities

Government support for upcoming entrepreneurs

TNUFA: This is a support offered by the government for the upcoming entrepreneurs for the starting phase of converting their ideas into reality. This is a fund which will help in getting patents etc.

Heznek Program This is a program started by the government it gives an option to the entrepreneurs to purchase the government shares in the upcoming company at the lowest price.

Entrepreneurship as a global activity
Entrepreneurship is getting global day by day. AS a result the competition between the entrepreneurs is getting increased rapidly. It becomes a challenge for the entrepreneurs to make their presence in the competitive market. They have to make business strategies which can become successful all over the world

Do you want your company to work globally?
It is a great thought of taking the company globally as it offers lots of opportunities for growth and development as without growth their cannot be any future.

Some of the advantages of making a company global are:
Just producing one product you can sell plenty of it by searching new markets and can earn a lot from it.

You dont have to depend upon any particular market as you are dealing globally.

You would get the opportunity to compete with other foreign markets and you can create your place.

What should entrepreneurs do before launching their company globally?
1- All the employees of the company should be the member of the international company.
2- Before doing such an activity you should plan a lot about the objective of globalization, about the rules, policies and procedures etc.
3- You should plan well in advance about your investment.
4- Before taking your product globally you need examine it carefully as now the product will available globally in market
5- Search for the customers all across the country before launching the product so as to minimize the amount of risk involved in loss.
6- You need to select the method that how you are going to globalize? The method could be direct or indirect.
7- Before landing globally you should plan about the price of the product. Keeping that the price should be globally acceptable.
8- Take care of the International customer even after sale of the product. This will help you in creating your goodwill around the world.

Future for Entrepreneurs
The future would be bright for all the entrepreneurs because of the globalization.The entrepreneurs would have more opportunities to deal upfront and make their presence globally. They would enjoy all the facilities in International market.

Vinay Thadani is a Great Finance Entrepreneur

If you wish to have a career in the field of technology, it is not easy as it is the most competitive field these days. With most of the students opting for computers and related courses, it is the most sought after course and very difficult to get into too.

There are people like Vince Thadani, who is a leading name in the field of finance and technology. His professional life has been so challenging and motivating that he has inspired many people to be like him.

He has been a master in a whole lot of professions. With being successful in everything that he tried, the secret behind his success has been his dedicated approach towards every detail. He has great leadership skills and focuses on each and every issue minutely and exclusively. His life can be a lesson to many budding entrepreneurs. With several ups and downs that he faced during the scriptwriting days, he has taken the challenges on his stride.

Vinay Premchand Thadani, which happens to be his full name, has also influenced the technology sector greatly. And, not just that, he was also actively involved in the business of movies where he has performed in multiple roles. And, right now, he happens to be successful corporate head in United States.

Vince Thadani Finance Entrepreneur and has made maximum use of social media to his advantage. He has over twenty years of experience in the finance field as well. He always has something new to offer to his customers and has been able to get the maximum success because of that. And, he has achieved all this in a very limited time. Whatever he touches turns into gold, not because he has some magical powers but because he works hard and strives a lot to achieve the results. With an eye on strategies, he has been able to help a lot of corporate in achieving financial stability. He has a great experience in social media marketing, product branding and selling strategically.

Vinay Thadani is a name to reckon and has inspired many people to be like him. He has always approached life with a confidence which is very inspiring and motivating. He has a completely positive approach and confident outlook which has made him so successful. He has always tried to take the crucial decisions with no worries about the outcome. With his risk taking ability and taking life as it comes, he has been easily able to face the challenges that life has thrown upon him. He is one of the pioneers in using internet for marketing purposes. He has given a great impetus to the search engine optimization and the social media optimization.

His life is an inspiring piece for anybody who wishes to achieve success. With so much of positive energy and charisma, he has a good following and a lot of people want to become like him. And, he is always in demand and a lot of companies want to recruit him so that they can create wonders.

For More Details Visit Here: — Vince Thadani