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Added for You - Entrepreneurship - Getting Started
There's no getting around it. Training is costly. Corporations have to train their employees, of course, in order for them to work most efficiently and productively. But there's no sense in sending employees to training, if they learn very little while they are there. That is just a waste of money.To a corporation, sending employees to ineffective training creates the following situation:• it cos
My basic question, what is the best route to take when you have a great ideal that is more then you can handle.
A little
I don’t claim to be a good advertising writer. But over the years, I’ve sent hundreds of business letters. Here are a few things I try to include in each of them:l. The headline, first sentence, and P.S. are usually the best-read parts. They need to dramatize an offer, or focus on the reason the letter was sent.2. Most letters should emphasize a single theme. Everything in the letter should relate
The question:
"First off I just want you to know all I'm asking for is advice, which is the most valuable thing I can get right now.
I have been working in a field of interest for many years now as a hobby. I've always had many very good ideas but I never had the resources to make them happen. I always figured it was because I was too young. Now I'm older, I have a job and I'm plagued with the same problem. I'll have a great idea but it will usually be out of my range because I either do not have the technical ability, the funding or resources to make the idea I vision happen.
My most recent plan evolved from my experience running similar websites, I found there was an un-fulfilled need. I decided to start judging the need for what I was offering so I did my homework and contacted over 130 other similar sites. Within a day I had 20 sites interested in what I had to offer. That's great and all but those 20 sites generate about 6 times the traffic I could handle. So once again I'm in the same position. I do not have the resources I need to properly execute my idea.
My basic question, what is the best route to take when you have a great ideal that is more then you can handle.
A little m
The books have crowded the shelves of so many people these days. And that’s a good indication that even though there’s the internet at hand, still there are people who are interested in reading in print. If you’re a book lover, there are so many options of books for you to choose from. But if you’re into book publishing, you’ve got to face the fact that the competition in the market is getting tighter and tighte
The question:
"First off I just want you to know all I'm asking for is advice, which is the most valuable thing I can get right now.
I have been working in a field of interest for many years now as a hobby. I've always had many very good ideas but I never had the resources to make them happen. I always figured it was because I was too young. Now I'm older, I have a job and I'm plagued with the same problem. I'll have a great idea but it will usually be out of my range because I either do not have the technical ability, the funding or resources to make the idea I vision happen.
My most recent plan evolved from my experience running similar websites, I found there was an un-fulfilled need. I decided to start judging the need for what I was offering so I did my homework and contacted over 130 other similar sites. Within a day I had 20 sites interested in what I had to offer. That's great and all but those 20 sites generate about 6 times the traffic I could handle. So once again I'm in the same position. I do not have the resources I need to properly execute my idea.
My basic question, what is the best route to take when you have a great ideal that is more then you can handle.
A little
How much would you pay to find your next manager or future franchisee? Companies routinely spend thousands of dollars to find applicants outside their company. Why not spend a bit of time and money to provide current employees the necessary skills? For many employees, it begins with learning the English language.Over the past twenty years, the number of Hispanics in the restaurant workforce has triple
My most recent plan evolved from my experience running similar websites, I found there was an un-fulfilled need. I decided to start judging the need for what I was offering so I did my homework and contacted over 130 other similar sites. Within a day I had 20 sites interested in what I had to offer. That's great and all but those 20 sites generate about 6 times the traffic I could handle. So once again I'm in the same position. I do not have the resources I need to properly execute my idea.
My basic question, what is the best route to take when you have a great ideal that is more then you can handle.
A little
Brochures have been in the business for a very long time. Their magical power in promoting a business to the zenith of success is simply amazing. They are basically your means of communicating what your company is all about to your prospective customers. They also reflect your image. And because a brochure has a big effect on the image of the company, it is appropriate that you make sure that your brochure is ab
My most recent plan evolved from my experience running similar websites, I found there was an un-fulfilled need. I decided to start judging the need for what I was offering so I did my homework and contacted over 130 other similar sites. Within a day I had 20 sites interested in what I had to offer. That's great and all but those 20 sites generate about 6 times the traffic I could handle. So once again I'm in the same position. I do not have the resources I need to properly execute my idea.
My basic question, what is the best route to take when you have a great ideal that is more then you can handle.
A little
I remember back when I decided I was ready to start recording bands. I went to a local “metalfest”, setup a table, told everyone I charged $20 an hour, and nothing happened. I mean NOTHING happened. It was a total waste of time. So I went back to the drawing board and had to rethink my strategy.I'm a firm believer that you must give someone something if you want something in return. Take the approach
My basic question, what is the best route to take when you have a great ideal that is more then you can handle.
A little more about me, I'm 23 years old, I have been running web sites and involved in the industry for around 6 years. I have a good paying job in another industry which makes it even more difficult to make the "jump".
Thank you for your time."
My response:
1 - There is never a right time. Entrepreneurship involves risk. This means yous sometimes need to just jump. This said - I always say "fail often, fail fast, fail cheap" so I always look at the downside.
2 - It is very powerful to be under resourced. It will make you more resourceful and likely allow you to run a leaner more competitive business.
3 - I like to choose opportunities that are the right size for me now. This is a beautiful thing for business - there is always a right size business opportunity for everyone at every size. When you are starting from your basement, you can take a $100,000 opportunity and do well. Bigger companies cannot do this so will leave you alone.
4 - When the opportunity is too big for me, I consider narrowing my scope. Instead of being the biggest seller of bar code equipment, be the bigger in bar code for warehouses etc.
5 - Consider partnering. It is better to have 10% of something that is worth something than 100% of an idea.
6 - Ideas ar
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