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The 10 Keys That Every Entrepreneur Needs To Develop To Have The

Why is it that some business owners just create a mediocre business while other can develop multiple businesses that all skyrocket to success?  Well it’s simple really.  They have one major but distinct difference.  It’s their mindset.  The entrepreneurs that seem to have “The Midis Touch”...

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Difficulty of Funding for Indian Entrepreneurs

Posted by Ken Longbridge | Posted in Articles | Posted on 16-11-2009

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Today India appears to be poised for phenomenal growth and this could be well observed at the start of the new millennium. India is becoming a priority destination for different foreign investors and venture capitalists. Today’s knowledge-based economy of India is considered as a fertile ground for the upcoming entrepreneurs. As a result, the Indian businesses are now adapting the global competitive environment. But previously, this was not the case; most of the early entrepreneurs had to face hindrances in the path of their success due to various reasons such as inadequate opportunities, scarcity of capital, lack of technology and many other factors.

India is a conservative nation and most of the people prefer regular monthly pay rather than embarking on any business venture on their own. In India, people do have innovative ideas but translating these ideas into business enterprises involves many risks which they find difficult to tackle. This has led to an overall cautious mindset amongst the upcoming entrepreneurs. Even if an individual makes up his mind to start up an enterprise, he fails to get proper motivation, financial backup as well as proper sources for funding. The most common difficulties faced by Indian entrepreneurs are non-availability of good credit schemes and complexities in acquiring long or short-term loans. Also the Indian banks show lack of interest in entrepreneurial projects and put hindrances in processing the funding request applications. These constraints make an entrepreneur feel handicapped in initiating any kind of business venture.

Passion is No Ordinary Word-channelling the Sales Professional in Every Entrepreneur

Posted by Ken Longbridge | Posted in Articles | Posted on 08-11-2009

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As a sales trainer, I work with people from all walks of life who share a common goal—they want to learn how to emulate the success enjoyed by the top-ten percent of sales professionals in organizations both large and small.

People have many reasons to be motivated to attain that kind of success and in my experience entrepreneurs are especially driven. Here’s why. For them, it’s not just a job that’s on the line, it’s everything. Their livelihood is at stake! And the consequences of being anything other than in that top-ten percentile might be the difference between success and failure for their startup business. And in my opinion ALL sales people are entrepreneurs.Scott Shane, the author of “The Illusions of Entrepreneurship,” made it clear in a recent interview inBusinessWeekjust how high those stakes are for most business owners. “The myth is that somehow if you manage to hit the average or hit the median, you’re going to be fine. The reality is that the distribution is so skewed you have to hit the top for it to matter, and in fact, you have to hit the top 10% to have income as an entrepreneur better than what you would have gotten working for other people.”

Entrepreneurs are Perfect for the Stock Market

Posted by Ken Longbridge | Posted in Articles | Posted on 25-10-2009

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Entrepreneurs definitely don’t have a monopoly on how to earn cash fast. The dreams of turning small money into a vast financial empire have always existed in one form or another. The global economy and the Internet have created a new genre of entrepreneurs. However, the stock market has always had its own entrepreneurs. The stock market is also full of individuals wanting to experience large returns from a great idea or investment.

Entrepreneurs definitely know how to dream up an idea and act on it, at least the ones who are willing to do the work anyway. These are people who are not content working for a large corporation but instead want to become that large corporation themselves. Entrepreneurs are people who

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Successful Entrepreneurs are Doers – not Dreamers – Too Many Inventors are Confused About the Difference

Posted by Ken Longbridge | Posted in Articles | Posted on 19-10-2009

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For many years I felt that if you scratched any American you were scratching an entrepreneur. This is the country where entrepreneurial activity is most possible and seemingly every citizen has an idea with commercial potential. Sadly, over time, I realized I was wrong. If you scratch most Americans you are most likely scratching a dreamer.

The difference between a dreamer and a doer is profound. Successful entrepreneurs might have initially dreamt of success, but they will not stop there. The drive to accomplish necessary tasks to insure successful outcomes separates them from the dreamy class, which includes most people. Success is a goal that requires drive, determination, courage, fearlessness, planning, discipline, sacrifice and passion. It is not easy, or everyone would be successful.

What makes one opportunity succeed while another, even more promising idea, fails? It always comes down to the individual and their makeup. A few no’s and the dreamer folds their tent. The successful entrepreneur recognizes no as a hurdle, not a deal closer. The opportunity to overcome the objection represented by the word no is an absolute necessity for any individual seeking success as an entrepreneur.

Inspirations for Today’s Entrepreneurs

Posted by Ken Longbridge | Posted in Articles | Posted on 05-10-2009

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Becoming an entrepreneur is a hard interesting journey and sometimes it requires more than just having a great idea and the investment needed to run a business.

Here are some entrepreneurs quotes that have inspired me all through my entrepreneur journey, and I hope will inspire you and help you become the greatest entrepreneurs that you are.

“A real entrepreneur is somebody who has no safety net underneath them.”, Henry Kravis

“Nobody talks of entrepreneurship as survival, but that’s exactly what it is and what nurtures creative thinking.”

Anita Roddick

“Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage.”

Niccolo Machiavelli

“An entrepreneur assumes the risk and is dedicated and committed to the success of whatever he or she undertakes.”

Victor Kiam

“Entrepreneurs are risk takers, willing to roll the dice with their money or reputations on the line in support of an idea or enterprise.”

Victoria Claflin Woodhull

“Entrepreneurs are risk takers, willing to roll the dice with their money or reputation on the line in support of an idea or enterprise. They willingly assume responsibility for the success or failure of a venture and are answerable for all its facets.”

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