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.

Become an Effective Entrepreneur

Become an Effective Entrepreneur

If people could understand their roles and specifics, they’d discover the different paths our economy can offer, despite its downfalls. Entrepreneurs play an essential role throwing a lifeline to others in this economic recession. Aside from the profit, entrepreneurs are also recognized and rewarded for their hard work and dedication. In this day and age there are more Entrepreneurs than in any other part of history. More and more people are starting to realize the benefits of working for them selves.

The cost of education is becoming out of reach for the average middle class citizen, and unless you have made provision for your child’s education, you will have to either rely on bursaries or student loans to get by. Becoming an Entrepreneur is the next generations answer. More and more people are seeing the benefits of working for themselves. Even better to work online, with a world of customers out there, the sky is the limit.

To be an Entrepreneur, you need to behave like an Entrepreneur. People need to recognize your worth as somebody who once dreamed and then conquered. Consistency and dedication are two great characteristics one needs to be successful.

Modern day Entrepreneurs have different roles to establish. A role in the market industry, a role in the leadership of individual’s who work under you, a role to make new discoveries, a role in making the world perceive change amidst this 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 Internet Market Place has always been crowded with buyers and sellers. The thrill of discovering a new product online entices clients to want more than expected. Satisfaction must 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. If worse comes to worse, he could always revitalize his resources by trying special strategies, for example offering discounts, free samples, etc.

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

At the end of the day, when work is done, you’d like to have flashbacks of that profitable deal you had, or the warm feeling that you have helped somebody else to make a lot of money. That’s self-fulfillment. No, it wouldn’t be only for the money but also for self respect and recognition.

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Top 10 Business Schools For Entrepreneurs

If you are an entrepreneur aspiring to gain more success in your business career, you can refer to several of the best schools to sharpen your entrepreneurial skills and make use of any business opportunity you may come across. In this regard, entrepreneurs are not born, they are made. Indeed, the role that their education plays cannot be underestimated. Colleges and schools are vital in shaping the career of any aspiring entrepreneur.

Here is a list of the Top 10 Business Schools for entrepreneurs that are the alma mater of a great number of entrepreneurs:

1) Harvard Business School

At Harvard Business School, approximately fifty percent of their graduates become successful and known entrepreneurs at least 15 years after graduating.
One famous entrepreneur who was an alumna of Harvard Business School is Abigail Pierrepont Johnson. She is an American businesswoman and President of Fidelity Investments Personal and Workplace Investing. She was a consultant at Booz Allen & Hamilton and in 1997 she was promoted to an executive role in Fidelity Management and Research and later became a Senior Executive at Fidelity Institutional Retirement Services and Fidelity Investments. She currently serves as a member of the Committee on Capital Markets Regular. According to the Forbes, she is the 22nd richest person in the United States and 48th in the world.

2) Columbia Business School

Columbia Business School a Columbia University is in Manhattan, New York City. The school was established in 1916 to provide business training and professional preparation for the graduate and undergraduate population.
Ron Gonen, a graduate of Columbia Business School cofounded RecycleBank, the pioneering recycling incentives program and has contracts with several municipalities in the mid-Atlantic and New England regions. Gonen is a frequent lecturer in class and served as a panelist at alumni entrepreneur events.

3) University of Chicago

The Booth School of Business is a graduate business school located in Chicago, Illinois at the University of Chicago, which was formerly known as the University Of Chicago Graduate School Of Business. It is the first school to offer an Executive MBA program and the first to initiate a PhD program in Business.
One of the most famous alumni of this university is Joe Mansueto, the Chief Executive Officer of Morningstar. Mansueto graduated from the Universityof Chicago with Bachelor of Arts/Science and master of Business Administration degrees. In 2011, his majority ownership of Morningstar gained him inclusion on the Forbes Worlds Billionaires list.

4) Stanford Graduate School of Business

The Stanford Graduate School of Business is the most prestigious business schools on the West Coast. Its also one of the most desired schools to receive an MBA in the world. If you are able to manage to get into the program you can join the ranks of other successful alumni and operate some of the largest companies like Capital One, GlaxoSmithKline and Gap.

One famous entrepreneur who graduated from Stanford is Vinod Khosla, the Co-founder of Sun Microsystems and founder of the VC firm Khosla Ventures. Khosla is an Indian-born American venture capitalist and has an influential role in Silicon Valley.

5) MIT Sloan School of Management

MIT Sloan School of Management was established in 1914 and emphasizes on innovation and invention. It is the home to many of the worlds famous management and finance theories. MIT requires students to apply concepts learned in classroom to real-world business settings. It is the alma mater of many prominent entrepreneurs.
A good example could be Mitch Kapor, the founder of Lotus Software/Lotus Development Corporation. He is the designer of Lotus 1-2-3, co-founder of the Electronic Frontier Foundation, and was the first of the chair of the Mozilla Foundation.

6) Haas School of Business

Haas School of Business emphasizes on developing innovative business leaders who redefine how we do business. There are many notable entrepreneurs who are graduates of Haas School of Business.
Michael Wood who is a founder of LeapFrog Enterprises attended this school. Leapfrog, is an educational entertainment company based in Emeryville, California. the company designs, develops and markets technology-based learning products and related content for the education of infants through grade school, children at home, and in international schools.

7) Tuck School of Business at Dartmouth

This Business School was established in 1990 at Dartmouth and has around forty percent of its graduates pursuing management careers. The TuckSchool offers only a single degree which stresses on a collaborative and teamwork-based approach.
Charles Alfred Pillsbury, founder of Pillsbury Corporation is a notable entrepreneur who is an alumnus of the Tuck School.

8) Cambridge Judge Business School

This School is formerly known as the Judge Institute of Management Studies. It is the business school of the University of Cambridge and was established in 1990. The school continues to provide management education and is consistent in its ranking as one of the worlds leading school in business.
Martin Bjergegaard is a graduate of the University of Cambridge and has 10 years of experience as a portfolio entrepreneur. He is the CEO at Better Now, taking online fundraising to the next level through an integrated video, payment and campaigning web functionality.
9) Oxford Business College

Oxford Business College specializes in a range of Business Management courses based in the heart of the University of Oxford.
Cecilia Lijun Jiang is an alumna of Oxford Business College and has been working in the commercial banking field for more than 20 years. She is very familiar with the products and services that Chinese banks provide to their customers, as well as with the new enterprises demand for their business development.
10) London Business School

The London Business School is an international business school and a part of the Federal University of London. The School teaches post-graduate programs in finance and management. It also offers the Sloan Fellowship Program for experienced business executives.

An alumna and a visiting professor in the Entrepreneurship Department of London Business School is Rob Johnson. Rob is a successful entrepreneur and venture capital investor. He was on the faculty of London Business School from 1990 where he taught a course on entrepreneurial finance. He also founded the European Business Plan of the year Competition.

Arch Bonnema – Christian Entrepreneur and Philanthropist

Arch Bonnema – Christian Entrepreneur and Philanthropist. —By Julie Lyons Arch Bonnema’s mission couldn’t be plainer. It encircles the towering ceiling of his McKinney home, inscribed in gold letters: -Religion that God our Father accepts as pure and faultless is this: to look after orphans and widows in their distress– Though Bonnema, 56, has launched several successful businesses and played an important role in the early success of the film The Passion of the Christ-he purchased all of the seats in Plano’s Cinemark Tinseltown 20 for opening day, and gave away the 6,000 tickets-orphan homes are the focus of his time and money today. Since 1991, he and his wife, Sherry, have tithed a minimum of 50 percent of their finances and work hours to missions, including their own ministry, My House. They’ve partnered with longstanding local ministries in Uganda, Kenya, India, and Ethiopia to build orphan homes centered around churches and to staff them with widows, explicitly following the words of James 1:27 etched inside his home. The decision to give on such a scale came 17 years ago after he and his wife attended a missions conference. They were driving home from Georgia on Bonnema’s motorcycle, communicating by helmet-mounted radios. -We’d been silent for quite a while,- Arch says, -and I said, -You know, honey, I have to admit I’ve been kinda feeling lately that we ought to increase our commitment from 35 to 50 percent.’ -I hardly got done saying that, and she says, -God’s been telling me that for months. I was just waiting for you to confirm it with me.’- Bonnema’s response echoes what many Christians have believed in recent years-only to find their fortunes shrink drastically during the recession. -The whole time you’re thinking, -Wow-God is gonna really bless us now.’ But it doesn’t always work that way. If you give, God doesn’t always give back right away. That’s what the prosperity message got wrong. -There were times when my wife and I gave significantly and went through the biggest hardships, but we kept on giving. We still survived. It might have been a year or two later, but God gave us a tremendous blessing.- In Arch’s and Sherry’s case, their decision to tithe lavishly was followed by the loss of their savings and other assets-just about everything but their home. They even sold their last car, a two-year-old Cadillac, so they could keep the pledges they’d made to ministries. -We gave everything we had, including cashing in our retirement, to make sure that our promises to missions were fulfilled,- Arch says. -It’s not that my business dropped off, but I spent less time doing it, and my income dropped-while my giving increased, percentage-wise. No problem, we thought. We’ll just sell this. We don’t need that anyway. It’s more important we fulfill our commitment to God. -It wasn’t until we had given away pretty much everything we had over a span of six years when, all of a sudden, everything just reversed faster. God started building my businesses faster than I ever could have imagined. Within two years I had more money than I ever had in my whole life.- Today, Arch has set aside Joshua Financial, the trust company from which he prospered for many years-changing tax laws eliminated much of the business–to invest in enterprises such as the buying and re-selling of electricity and hydrogen technology. Bonnema has also launched expeditions to search for Noah’s Ark and the Ark of the Covenant. (Both of those ventures are documented on his Web site, www.cometomyhouse.org.) Arch joins in business with -kindred spirits,- Christian entrepreneurs with a passion for missions and ministry. -You want to have people surrounding you who are like-minded,- he says. -There’s an old saying, -It’s not what you know; it’s who you know.’ But I think there is a more correct saying: It’s who knows you. What is your reputation? If you develop a good track record, they come find you.- Bonnema applies the same principle to building orphan homes. He works only with ministries that have worked with orphans for years on their own, -doing a really good job.- My House builds new and better facilities so the ministries can expand their work. The goal, he says, is that the orphan home is independent of outside aid within three or four years. -Once we build it,- he says, -we give it to them.- Right now, My House sponsors four orphan homes in India, two in Ethiopia, one in Kenya, and one in Uganda, all in rural areas. Four other orphan homes are under construction; the Bonnemas hope to build 10 in 2010. Over the years, My House has encountered its share of scammers–just people who want money,- Bonnema says. -It’s just as bad in the U.S. as it is over there.- Bonnema has developed a motto–We inspect what we expect.- My House personnel are on the ground talking to people before the organization builds, checking out the credentials of local ministries and talking to pastors, mayors, and community leaders. -We make sure they have a good reputation for taking care of kids,- he says. Bonnema’s passion for orphans has unlikely roots in the Minnesota farming community of Prinsburg, population 450, where he grew up. His grandfather, a farmer for many years and later -a very successful businessman,- entertained a constant stream of visitors from overseas-missionaries and pastors, to whom he gave much of his money. -He felt the best gift he had was he knew how to do good business. He knew about the world, because everybody came to visit him. He was very generous. They were expecting to see some big tycoon, but he had a very modest house. He lived in a very small town. He just gave away an enormous amount.- Faith pervaded the Bonnema family, which prayed and read Scripture at every meal, three times a day, and attended the Christian Reformed church together. -I grew up in a family where all my relatives were strong, committed Christians,- says Bonnema, now a member of Prestonwood Baptist Church. -When I reached an age of understanding, at 7 or 8, I committed my life to Christ.- At 19, Bonnema walked around the world with a backpack and sleeping bag, traversing remote and war-torn countries, including Vietnam. He visited Israel in 1973, right after it went to war with Egypt. In Bombay, India, he got so sick he prayed to die. In Hong Kong he started a Youth for Christ chapter that still exists today. Throughout his journey, he learned to -rely on God- in everything. -James chapter 1 says if your life is full of difficulties and temptations, be happy,- Bonnema says. -I remember reading that when I was 16, thinking, boy, did they ever mistranslate this. How can you be happy when life is full of difficulties and temptations? Because you learn to trust God. That’s when you really build your faith.- Crossing the world with little money or status allowed him to see reality in the countries he visited, where no one was trying to impress him. He avoided the big cities and wandered through rural areas, -where you really see the people.- He witnessed poverty and oppression, degradation and violence. As well as people with few possessions who took inexplicable joy in their love for God. -That’s where my heart was first touched by the orphans and widows,- he says. -I saw a different world than the one I lived in. It did two things: It tremendously increased my passion for ministry. I saw how easy it is to change lives, compared to the U.S. When you see how easy it is to make a difference, it makes you want to do more. -And it really opened my eyes so that I’m a good steward. It’s not about just writing a check. It’s like the parable of the good seeds. It’s giving to the right place at the right time.- Over the years, Bonnema has visited 93 countries, all but one with his wife. That one country was Iran, where he believes his team found the petrified remains of Noah’s Ark in 2006. He’s also witnessed first-hand the world’s problem with orphans; according to the World Health Organization, the number of orphans has doubled in the last five years, and only one-tenth of one percent are ever adopted. Yet more than 90 percent of the money spent on orphans is directed to the adoption process. A Kenyan bishop who visited him recently represented the alternative that My House seeks: He described how he could build an orphan home housing a dozen children as well as a widow to take care of them for as little as $20,000. The facility would include separate rooms for boys and girls as well as a kitchen and bathroom. -What’s interesting is for centuries, that’s what the church did. We took care of orphans and widows,- Bonnema says. -Now, we let the government do it.- E-mail Julie Lyons at .

A Fortune To Be Made With Smart Domain Name Marketing

Making money by selling expired domains is gaining popularity because of its potential to make a good profit. Many expired domain traders take this business very seriously and they use a number of methods and strategies to sell their domains at very lucrative prices. Also known as virtual estate properties, expired domains and domains expiring are some of the hottest business opportunities in the world.

Experienced domain traders use one or a combination of different methods to make money from their stock of expired domain names. These may include such methods as domain parking, domain name selling, or domain flipping. A well-planned combination of these methods will provide you with a very high income potential. Here are some details about each one of these methods:

Domain Parking: This is commonly known as the beginner’s method for earning money from domain names. It is easy to set up a domain parking account and simple to operate it, as the domain-parking firm will take care of the details. What you want to do is to sign up for an account on one of the well-known domain-parking firms and use the web page provided by them to host your name. Most of your web site visitors are un-targeted and they will click on one of the ads provided on your web page. The method used here is the famous pay-per-click system and the income earned by you depends on the number of visitors who click on the online ads to visit other web sites. The only downside of this income generating method is its inability to provide a large stream of income. However, for a new entrepreneur, this is a safe and assured method to make some amount of money.

Expired domain name selling: This is perhaps the most famous method for making money with expired domain names. People make millions by selling their special domain names while the average capacity to earn money by selling an average expired domain is about $25. There are records of unique domain names sold for millions of dollars. Expired domain name reselling is highly competitive and you would normally buy the domains from an auction house. Some experienced domain name traders buy domain names and sell them on a regular basis to create a constant stream of income.

Domain flipping: Expired domain names traders also convert one or two of their domains into highly useful and beneficial web sites that will be potential money-spinners. Domain flipping is a smart method of converting an expired domain into a content rich web portal. Smart domain traders succeed in driving lot of traffic to their flipped web sites. Web sites with plenty of traffic can help them to reach top of major search engines like Google and Yahoo. People are eager to buy web portals that contain useful content and are already optimized with incoming links and traffic. You can also use sophisticated techniques like Pay-per-click (PPC) Affiliate marketing search engine optimization (SEO) and RSS feeds to make your web portal more valuable in terms of income and built-in revenue streams.