Entrepreneurial Ideas – The Most Powerful Precise Way to Double Your Salary in 12 Months Or Less

The small business advice that wives give their husbands:

Did you know that today and everyday over 200,000 people are online right now as we speak looking for entrepreneurial resources or a way to start a new business from home?

Everybody is seeking entrepreneurial ideas from Holly the housewife to Frank the CEO no one’s exempt.

And with the cancer that’s sickening our economy leaving 2.6 million people without jobs and anticipating 50 million more world wide, even Joe the plumber could end up in the soup line if he don’t join the entrepreneur club.

When was the last time our country has seen a time like this …the great depression?
Many people are hanging on by a thread to their cars, houses, and what’s left of their skimpy 401 k’s.

Business owners don’t know what to do so they just close their doors forcing thousands more out of jobs almost weekly.

If million dollar businesses are closing what makes me think a small business start up is possible in a time of crisis… Is this the question you’re asking yourself?

Entrepreneurial Ideas: That Special Something that Inspires Every Successful Professional to start a new Business venture

Step away from the problem for a minute. Everyone is thinking the Recession is the problem. Let’s examine some entrepreneurial ideas that require some innovation and creative thinking skills. Could the Recession be the solution to our economic problems?

Could this potentially be the perfect time for a low-cost start up business?

How long could the average family afford costly houses some doubling after 60 days of ownership, $5.00 gas prices, the average car price $35,000, and inflation rising into the hemisphere?

The Recession saves the day for those that understand (and many do)… the trends and cycles of economics which will set new records with ground-breaking entrepreneurial ideas.

Learn 3 ways to out produce big business in a low-cost start up business

These same 3 discoveries are what assist entrepreneurial success and small businesses to thrive:
1. Big business has lost control: we all know people that work for large corporations or have witnessed first hand the slackers on their jobs… their main objective is to come up with entrepreneurial ideas to try to creatively manipulate “father time-clock”.

Their sole purpose is to see how innovative they can become to not work eight hours a day… Then you have those human walkie talkie’s… yep…. they don’t do squat all-day but talk …I’m pretty sure those lost hours weren’t calculated into the business start-up cost. Can you believe the average employee actually works less than 4 hours a day?

2. Big business many times isn’t fair: Why does it seem that the most qualified persons with the best entrepreneurial ideas are NOT leading the team.

Many time the most egotistical, narcissistic co-worker ends-up with the magical position as the manager which kills entrepreneurial spirit, originality and inspiration. Wouldn’t it seem like any successful entrepreneur could see that “John” is messing up big time so why is he still the manager?

“Why not chose another manager”? Some big Businesses just don’t get it…encouraging entrepreneurial ideas will be critical in the new economy because competition will force businesses to cut loose the dead weight even if it’s their best buddy.

3. Big Business comes with big-risk: and the biggest risk is balancing between doing what’s best for the company or what’s best for the stockholders. What most people don’t realize is that companies don’t always do what’s in the best interest of their employees (shocking I know) but rather what’s in the interest of the stock holders.

And some of the greedy money sucking, stock holders and CEO’s have one goal and one goal only… WIIFM (what’s in it for me) to make as much money as humanly or inhumanly possible, many times at the expense of thousands of others.

With the aid of CNN news and the internet we don’t have to elaborate on that issue much … E.g. $35,000.00 Toilets, private or corporate jets, cooking the books, (accounting errors) Etc…

An old song is playing in my head… “God bless a child that has his Own.” And for those that are metaphorically challenged that’s simply means” God bless the child that has her own home based small business’
Well I’ve done my part. The statistics splattered all over the nightly news and in the Local Newspaper don’t scare Me. “Are you goanna let ‘em intimidate you”?

Will you put on your entrepreneurial thinking helmet and get in the game.

100,000 people (mostly traditional business owners and other professionals) are thrilled about exercising their new found entrepreneurial ideas since most big businesses are sinking faster than the titanic…

Imagine not worrying or caring about the economy or about where your next meal is coming from, who’s going to watch the kids while you work 2 jobs or will you even be employed next week, month or year.

Decide to stir your entrepreneurial juices and start your business today.

A gorilla tour in Rwanda typically begins from Kigali and then heads to the Virunga Mountains to trek gorillas in the forests of Volcanoes National Park. Tracking the gorillas of Rwanda is done in the Virunga mountains park called Volcanoes National rwanda gorilla safaris Gorilla Trekking in the Volcanoes National Park is popular because Rwanda is considered by some to be the best place to see gorillas in Africa. A permit is required to trek with gorillas in Volcanoes National Park. As there are only 12 habituated gor
A gorilla tour in Rwanda typically begins from Kigali and then heads to the Virunga Mountains to trek gorillas in the forests of Volcanoes National Park. Tracking the gorillas of Rwanda is done in the Virunga mountains park called Volcanoes National rwanda gorilla safaris Gorilla Trekking in the Volcanoes National Park is popular because Rwanda is considered by some to be the best place to see gorillas in Africa. A permit is required to trek with gorillas in Volcanoes National Park. As there are only 12 habituated gor
Posted in Uncategorized | Tagged , | Comments Off

Can Mission Statements Help Me Grow My Entrepreneurial Business and Create Value? Absolutely!

You ask your entrepreneurial management team to join you in the conference room to develop the company’s mission statement. Reaction from your entrepreneurial team may be “ho-hum”, “do we really need to waste time – we know what business we are in,” or maybe ” let’s spend our time doing real work – designing, developing, selling.” Understandable response in today’s fast- moving, entrepreneurial companies.

But mission statements drive companies, especially startups seeking to secure a sustainable business that creates high value.

Mission statements provide many benefits- here are three examples:

1. Ensures all staff is in sync, understands where the company is heading, how it will get there.

Emphasize that the company will be the lowest cost provider with well defined cost metrics sends one message; emphasize providing the highest quality, differentiated products sends another. Remember these not-too-subtle differences drive corporate strategy, operational plans, messages to investors, and often define an organization’s future success.

2. Communicates what the company thinks is most important, what are its core values.

Emphasize customers, products, technologies, staff development or social benefits sends different messages to the company’s “community of interest” (i.e., staff, customers, investors, suppliers, etc.). You need to ensure these messages are clear, focused. and support the company’s business model and value creation strategy.

Learn from traditional leading firms- one example I often refer to is the mission statement for innovation leader 3M. 3M’s commitment to innovation is reinforced in the company’s mission statement: “To solve unsolved problems innovatively.” And 3M backs that mission statement with solid operational plans and policies that reinforce this commitment. May sound boring to some, but make no mistake- mission statements can successfully drive companies, both entrepreneurial firms and market leaders.

3. Defines the “reach” of the company’s business- what are the real business targets going beyond today’s technologies, markets and products.

Defining how your company will evolve, to what extent you will protect a current business or create new ones, and similar issues, define your company’s “reach” and strategy roadmap. For dealing with investors, this is particularly important.

My counseling with many entrepreneurial firms shows that spending time to define mission statements and particularly “reach” provides high value.

As an example, in my recent book, Worm on a Chopstick: Understanding Today’s Entrepreneurial Age: Directions, Strategies, Management Perspectives (“Chopstick”), I compared Google and GM’s mission statements. First, here is GM’s:

“G.M. is a multinational corporation engaged in socially responsible operations, worldwide. It is dedicated to provide products and services of such quality that our customers will receive superior value while our employees and business partners will share in our success and our stock-holders will receive a sustained superior return on their investment.”

Now here is Google’s mission statement:

“To organize the world’s information and make it universally accessible and useful.”

It sure looks like Google is reaching for the stars here. And the results? Google, founded in 1998 by two Stanford University students, started as a basic search engine, ramped up sales to about $17 billion in 2007, and achieved a market cap of about $220 billion. Compare that to General Motors, started in 1908, led sales for seventy-seven consecutive years from 1931 to 2007, and valued at less than $20 billion in late 2007, less than 10 percent of Google. Even after a $50 billion government bailout in 2009, today, GM’s market cap is only about $51 billion, less than one-third of Google’s $173 billion.

You can argue I selected a dramatic example here. You may also argue that Google was in the right place at the right time, at the cusp of the Internet revolution, while GM is stuck in a tough, mature business, automobile manufacturing, with nowhere to go but fight for global market.

I consider this traditional thinking that really doesn’t work well with markets and technologies morphing, emerging global players, and intense competition from non-traditional players. Looking deeper, like many major traditional companies, we learn GM had opportunities to improve competitive positioning but did not pursue them for various reasons.

To succeed today, what’s needed is ‘entrepreneurial thinking’, a term I suggested in “Chopstick”, driving mission statements and all facets of a company’s business, whether you manage a startup entrepreneurial company or a large traditional company like GM.

So when you and your team leave the conference room after creating your company’s new mission statement, you may be excited that you are now on track to create the next “Google”. Maybe, but you will at least now have a strategic roadmap that will drive your company’s operations at all levels, send a coherent message to all, help you grow your company and create value.

Paul B. Silverman is the author of a new entrepreneurial management strategy book Worm on a Chopstick: Understanding Today’s Entrepreneurial Age: Directions, Strategies, Management Perspectives. A seasoned entrepreneur, global management executive, public and private company CEO, educator, management consultant, speaker, and former founding Director of the Entrepreneurial Step Up Program at George Mason University targeting CEOs of early stage high growth companies, the author recently launched a global entrepreneurial seminar series and is well known in the global information industry and venture community.

The author has conducted hundreds of presentations worldwide and published many articles addressing management strategy, policy and new business development issues. The author serves as CEO of Sante Corporation, an early stage personal health care management company developing a new vision to improve today’s health care system, Managing

Posted in Uncategorized | Tagged , | Comments Off