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What Motivates Most Entrepreneurs? Unlocking the Driving Forces Behind Success
Introduction:
Ever wondered what fuels the relentless drive of entrepreneurs? The image of the driven, sleep-deprived founder burning the midnight oil is common, but the reality is far more nuanced. This in-depth exploration dives beyond the surface-level clichés to reveal the multifaceted motivations that propel entrepreneurs forward. We’ll delve into the psychological, financial, and societal factors driving their ambitions, exploring both the intrinsic and extrinsic rewards that keep them going. Get ready to uncover the secrets behind entrepreneurial success – and maybe even find some inspiration for your own journey.
1. The Allure of Independence and Autonomy:
For many entrepreneurs, the desire for autonomy is the primary motivator. The freedom to chart their own course, make their own decisions, and set their own hours is incredibly appealing. The traditional 9-to-5 grind simply doesn't resonate with the entrepreneurial spirit. This freedom extends beyond just working hours; it encompasses the ability to choose projects, build a team aligned with their vision, and ultimately, define their own success metrics. The lack of hierarchical constraints empowers them to innovate, experiment, and pursue their passions without bureaucratic hurdles. This inherent drive for self-determination is a powerful engine driving countless entrepreneurial ventures.
2. Financial Freedom and Wealth Creation:
Let's be honest: financial gain is often a significant motivator. The potential for substantial wealth is a powerful incentive, attracting individuals who see entrepreneurship as a pathway to financial independence and security. This isn't solely about accumulating vast fortunes; it's about achieving a level of financial comfort that allows for greater flexibility, security, and the ability to pursue personal goals outside of work. The prospect of building a legacy that provides for future generations also plays a role, fueling the ambition to create a thriving and lasting business.
3. The Thrill of Building Something From Scratch:
The creative impulse is a core component of entrepreneurial motivation. The process of building something from the ground up, nurturing an idea from concept to reality, provides a unique sense of accomplishment and satisfaction. This creative drive is not limited to product development; it encompasses the entire process of building a brand, establishing a market presence, and assembling a high-performing team. This inherent need to create and innovate is often a deeply ingrained personality trait, fostering a relentless pursuit of improvement and expansion.
4. Problem-Solving and Innovation:
Many entrepreneurs are driven by a desire to solve problems, address market needs, or create innovative solutions. They see opportunities where others see challenges, and they're fueled by the passion to make a tangible difference. This problem-solving mentality often stems from a deep understanding of a specific industry or market, combined with an innate ability to identify unmet needs and devise effective solutions. This intrinsic motivation transcends profit; it’s about creating value and leaving a positive impact.
5. The Pursuit of Personal Growth and Mastery:
Entrepreneurship is a continuous learning experience. The constant challenges and evolving landscape demand adaptability, resilience, and a willingness to embrace new skills. This relentless pursuit of self-improvement is a powerful motivator, providing a sense of ongoing accomplishment and personal growth. Entrepreneurs often thrive on the intellectual stimulation and the opportunity to constantly expand their knowledge and expertise, making the journey as rewarding as the destination.
6. Making a Social Impact and Leaving a Legacy:
Increasingly, entrepreneurs are motivated by a desire to make a positive social impact. They seek to create businesses that align with their values, addressing environmental concerns, promoting social justice, or fostering community development. This social consciousness extends beyond simple corporate social responsibility; it’s integral to the business model and mission. The desire to create a lasting legacy that contributes to a greater good is a powerful motivator for many modern entrepreneurs.
7. The Competitive Spirit and the Desire to Win:
For some, entrepreneurship is a competitive arena. The desire to outperform rivals, build a successful company, and achieve market dominance fuels their ambition. This competitive drive can be a potent catalyst for innovation and growth, pushing entrepreneurs to constantly strive for excellence and outperform expectations. While competitiveness is a powerful motivator, it’s essential to maintain ethical standards and avoid destructive behaviors.
8. Passion and Purpose:
Underlying many entrepreneurial motivations is a deep-seated passion for their chosen field. This passion acts as a powerful fuel, driving them through challenging times and keeping them focused on their long-term goals. When entrepreneurs are deeply passionate about their work, it's not simply a job; it's a calling, a mission they feel compelled to pursue. This intrinsic motivation provides resilience and a sense of purpose that transcends material rewards.
9. The Support and Camaraderie of a Team:
While often portrayed as lone wolves, many entrepreneurs thrive on the support and collaboration of a strong team. Building a cohesive and high-performing team is a source of satisfaction and motivation. The shared vision, collective effort, and mutual support create a sense of community and purpose, making the journey more enjoyable and less isolating.
Article Outline: "What Motivates Most Entrepreneurs?"
Name: Unlocking the Entrepreneurial Drive: A Deep Dive into Motivations
Introduction: Hook the reader with a compelling anecdote or statistic. Briefly outline the article's scope.
Chapter 1: Intrinsic Motivations: Explore autonomy, passion, purpose, personal growth, and the thrill of creation.
Chapter 2: Extrinsic Motivations: Discuss financial gain, market impact, and competitive drive.
Chapter 3: The Interplay of Motivations: Analyze how intrinsic and extrinsic factors interact and influence each other.
Chapter 4: Sustaining Motivation: Offer practical advice on maintaining motivation during challenging times.
Conclusion: Summarize key findings and leave the reader with inspiring thoughts.
FAQs:
1. What is the most common motivator for entrepreneurs? It's a combination of factors, but independence and autonomy are frequently cited as primary drivers.
2. Do all entrepreneurs share the same motivations? No, motivations are highly individual and vary based on personality, experiences, and goals.
3. Is financial success the ultimate goal for most entrepreneurs? While financial reward is a factor, many are driven by a broader range of motivations, including social impact and personal fulfillment.
4. How can entrepreneurs maintain motivation during difficult times? Focusing on their core values, celebrating small wins, and seeking support from mentors or networks are crucial.
5. What role does passion play in entrepreneurial success? Passion is a crucial ingredient, providing resilience and a driving force to overcome obstacles.
6. Can entrepreneurs be successful without a strong team? While possible, building a strong team significantly enhances the chances of success.
7. How important is risk tolerance in entrepreneurship? A certain level of risk tolerance is essential, but calculated risks and careful planning are also crucial.
8. Is entrepreneurship suitable for everyone? No, it demands significant dedication, resilience, and a willingness to accept uncertainty.
9. Where can I find more resources to learn about entrepreneurship? Numerous online resources, books, and workshops cater to aspiring and established entrepreneurs.
Related Articles:
1. The Psychology of Entrepreneurship: Explores the personality traits and psychological factors that contribute to entrepreneurial success.
2. Building a Successful Entrepreneurial Team: Offers strategies for assembling and managing a high-performing team.
3. Overcoming Challenges in Entrepreneurship: Provides practical advice for navigating common obstacles faced by entrepreneurs.
4. Funding Your Entrepreneurial Venture: Covers various funding options available to entrepreneurs.
5. Marketing Strategies for Startups: Explains effective marketing techniques for new businesses.
6. The Importance of a Strong Business Plan: Highlights the critical role of a well-defined business plan.
7. Balancing Work-Life Integration as an Entrepreneur: Offers strategies for managing work and personal life effectively.
8. Legal Considerations for Entrepreneurs: Provides an overview of essential legal aspects for starting and running a business.
9. The Future of Entrepreneurship: Explores emerging trends and opportunities in the entrepreneurial landscape.
| what motivates most entrepreneurs: Drive Daniel H. Pink, 2011-04-05 The New York Times bestseller that gives readers a paradigm-shattering new way to think about motivation from the author of When: The Scientific Secrets of Perfect Timing Most people believe that the best way to motivate is with rewards like money—the carrot-and-stick approach. That's a mistake, says Daniel H. Pink (author of To Sell Is Human: The Surprising Truth About Motivating Others). In this provocative and persuasive new book, he asserts that the secret to high performance and satisfaction-at work, at school, and at home—is the deeply human need to direct our own lives, to learn and create new things, and to do better by ourselves and our world. Drawing on four decades of scientific research on human motivation, Pink exposes the mismatch between what science knows and what business does—and how that affects every aspect of life. He examines the three elements of true motivation—autonomy, mastery, and purpose-and offers smart and surprising techniques for putting these into action in a unique book that will change how we think and transform how we live. |
| what motivates most entrepreneurs: Principles of Management David S. Bright, Anastasia H. Cortes, Eva Hartmann, K. Praveen Parboteeah, Jon L. Pierce, Monique Reece, Amit Shah, Siri Terjesen, Joseph Weiss, Margaret A. White, Donald G. Gardner, Jason Lambert, Laura M. Leduc, Joy Leopold, Jeffrey Muldoonc, James S. O’Rourke, 2019-03-27 Principles of Management is designed to meet the scope and sequence requirements of the introductory course on management. This is a traditional approach to management using the leading, planning, organizing, and controlling approach. Management is a broad business discipline, and the Principles of Management course covers many management areas such as human resource management and strategic management, as well as behavioral areas such as motivation. No one individual can be an expert in all areas of management, so an additional benefit of this text is that specialists in a variety of areas have authored individual chapters. This is an adaptation of Principles of Management by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License. |
| what motivates most entrepreneurs: Lean Analytics Alistair Croll, Benjamin Yoskovitz, 2024-02-23 Whether you're a startup founder trying to disrupt an industry or an entrepreneur trying to provoke change from within, your biggest challenge is creating a product people actually want. Lean Analytics steers you in the right direction. This book shows you how to validate your initial idea, find the right customers, decide what to build, how to monetize your business, and how to spread the word. Packed with more than thirty case studies and insights from over a hundred business experts, Lean Analytics provides you with hard-won, real-world information no entrepreneur can afford to go without. Understand Lean Startup, analytics fundamentals, and the data-driven mindset Look at six sample business models and how they map to new ventures of all sizes Find the One Metric That Matters to you Learn how to draw a line in the sand, so you'll know it's time to move forward Apply Lean Analytics principles to large enterprises and established products |
| what motivates most entrepreneurs: Organizational Behavior J. Stewart Black, David S. Bright, Donald G. Gardner, Eva Hartmann, Jason Lambert, Laura M. Leduc, Joy Leopold, James S. O’Rourke, Jon L. Pierce, Richard M. Steers, Siri Terjesen, Joseph Weiss, 2019-06-11 This resource aligns to introductory courses in Organizational Behavior. The text presents the theory, concepts, and applications with particular emphasis on the impact that individuals and groups can have on organizational performance and culture. An array of recurring features engages students in entrepreneurial thinking, managing change, using tools/technology, and responsible management. This is an adaptation of Organizational Behavior by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License. |
| what motivates most entrepreneurs: The Business of Women's Empowerment Sofie Tornhill, 2019-08-29 With catchphrases like “smart economics” and “the business case for gender equality,” global corporations are increasingly involved in gender and development politics in the Global South. This book focuses on an emblematic example of this tendency to interrogate the proposed win-win relationship between corporate profit opportunities and the economic advancement of women in marginalized economic positions. The Coca-Cola Company’s 5by20 program has won broad recognition for its global reach and ambitious goal: to economically empower five million female micro-entrepreneurs across its supply chain before the end of 2020. Based on situated engagements with program implementers and participants in Mexico and South Africa, the study moves beyond the unequivocally positive effects conveyed by the program’s rhetoric. It examines the appropriation of social values to strengthen the brand; the use of self-help psychology to enhance entrepreneurial conduct and exempt weak economic results; and the recasting of women’s precarious labor in terms of entrepreneurship – which conceals structural causes of poverty and impediments of sustainable business development. Providing unique insights into the premises and effects of corporate solutions to gender inequality in the Global South, the book contributes to debates on the relations between neoliberal capitalist expansion and feminist emancipatory endeavors. |
| what motivates most entrepreneurs: Societal Entrepreneurship and Competitiveness Leo-Paul Dana, Vanessa Ratten, 2019-10-08 This edited book is an important contribution to entrepreneurship literature, as it focuses on the sociological aspects of entrepreneurial behavior. The chapters encompass research on social and community-based entrepreneurship and investigate how the cultural and social conditions of a region influence entrepreneurship. |
| what motivates most entrepreneurs: Powering Social Enterprise with Profit and Purpose Scott Boyer, Jeremy Gudauskas, Mike Hamel, 2023-03-01 Trail-blazing social entrepreneurs are tackling the world’s most pressing problems that government, business, or charity have failed to solve. They are creating businesses with a primary mission of social change. Scott Boyer is one such social entrepreneur. This 28-year veteran of Big Pharma left a six-figure salary to start OWP Pharmaceuticals and the ROW Foundation. This commercial business and non-profit organization exist in a symbiotic relationship we call a tandem hybrid social enterprise. This model combines a multimillion dollar business with a foundation that’s on track to become the largest funder of projects serving people with epilepsy and associated psychiatric disorders in the world. The tandem hybrid incorporates the principles learned by Scott and others for building a truly unique social enterprise from the ground up; one that is: Driven by a compelling social mission Financed by commercial success Structured to retain control Scalable and sustainable for the long haul Powering Social Enterprises With Profit And Purpose offers a detailed blueprint that has proven commercially and philanthropically successful and that can be replicated in most business sectors. |
| what motivates most entrepreneurs: What Philosophy Can Teach You About Being a Better Leader Alison Reynolds, Jules Goddard, Dominic Houlder, David Lewis, 2019-10-03 For decades, we have looked to management theorists, organizational psychologists and economists to tell us how we can squeeze the most out of people at work. The result? People are uninspired, feel like cogs in a machine and prefer to leave traditional work structures behind. Numbers and productivity can only get you so far. What Philosophy Can Teach You About Being a Better Leader offers a different route that will allow you to reconnect with the humanist values of work. By turning to philosophy, and what it teaches us about finding fulfilment and living a good life, this book uncovers the ways you can re-engage your workforce by valuing its members as people, rather than just tools within the process. The four authors argue that the rise of the 'omnipotent leader', who focuses on telling rather than leading, risks creating a new generation of feudal CEOs and needs to be resisted. With the help of Aristotle, Socrates, Kant and Nietzsche, as well as a whole host of other brilliant minds, they turn traditional management practices on their head, showing how moving away from traditional, hierarchical, risk focused control structures can lead to improved employee engagement, increased productivity and better outcomes for the entire business. |
| what motivates most entrepreneurs: Understanding Motivation and Emotion Johnmarshall Reeve, 2014-11-03 Understanding Motivation and Emotion, 6th Edition helps readers understand motivation; where it comes from, how and why it changes over time, and how motivation can be increased. The book also shows how to apply the principles of motivation in applied settings, such as in schools, in the workplace, on the athletic field, in counseling, and in one's own personal life. Reeve's engaging writing captures the excitement of recent advances in the field to show the reader what contemporary motivation psychologists are excited about. He also uses effective examples and explains how motivation study can be applied to readers' daily lives. By combining a strong theoretical foundation with current research and practical applications, Reeve provides readers with a valuable tool for understanding why people do what they do and why people feel what they feel. |
| what motivates most entrepreneurs: Transforming Nokia (PB) Risto Siilasmaa, 2018-10-12 The great Nokia turnaround—universal business lessons for leaders in any industry Nokia once dominated the smartphone industry. It was to mobile phones was Kleenex is to facial tissues. Then iPhones and Androids appeared out of nowhere and pushed Nokia off the cliff. In just four years, the company lost over 90 percent of its value. Revenues were in freefall; massive layoffs became common. Pundits predicted that bankruptcy wasn’t a matter of if, it was a matter of when. Then something equally shocking occurred. In record time, Nokia bounced back. With a vengeance. Nokia reinvented itself and is now the second-biggest player in the $100 billion-dollar global wireless market. In Transforming Nokia, the man who orchestrated and led Nokia’s comeback—Chairman of the Board Risto Siilasmaa—reveals the story of Nokia’s fall and resurrection. He reveals the inside story of the collapse and provides survival strategies and change-management methods any business leader can take to the bank. You’ll learn how to harness the power of what Siilasmaa calls “paranoid optimism” and apply his winning entrepreneurial leadership model to rise above any challenge and drive sustainable success.Whether you lead a team or a corporate division, head a start-up or a massive organization, and whether your business is on the rocks or running smoothly, Transforming Nokia provides everything you need to sharpen your foresight, expand your options, seize opportunities, and thrive, no matter what changes tomorrow brings. |
| what motivates most entrepreneurs: The Determined Entrepreneur James F. Grebey, 2013-11-20 Ralph Waldo Emerson, the 19th Century American writer and philosopher, wrote about the power of the individual and the benefits of following your own path in life. His work might have defined the modern entrepreneur. Emerson said; Life is a journey, not a destination. The Determined Entrepreneur The Story of Dr George Tinsley and the Values that Guided His Journey to Success looks at the values that guided one of Americas most improbable entrepreneurs on his journey to success. By following his amazing life journey out of poverty the reader is able to experience in a unique way how a truly determined person can overcome tremendous obstacles to achieve a lifetime of repeated success. If you were to bet on a person who was likely to succeed you would never have bet on George Tinsley. The odds against his success would have seemed far too great to be overcome. To follow his journey, George Tinsley had to overcome an environment of extreme poverty while growing up in one of the toughest inner city neighborhoods in an era of open racial intolerance. By letting the values he learned early in life serve as guides throughout his life, he was able to overcome the circumstances of his childhood and beat the odds to achieve great personal success as a serial entrepreneur. George Tinsley's life proves that success doesn't come from luck. Luck might explain one or even two significant accomplishments but becoming a serial entrepreneur comes from the repeated application of a set of guiding principles that lead to the achievement one goal after another. The entrepreneurial values that guided George Tinsley's life can be learned by anyone who is determined to succeed. What were the values that that propelled this serial entrepreneur and how did he learn and apply them? |
| what motivates most entrepreneurs: Strategy Sprints Simon Severino, 2022-02-03 You can grow your revenue and scale your business without sacrificing your whole personal life. It's all about working smarter, not longer. Strategy Sprints is the blueprint that you need to increase your effectiveness, grow your revenue and secure business resilience. Using the Sprints method, agile expert Simon Severino shows you how to transform your business with 12 assignments or sprints that will make you more impactful as a business leader, grow your revenue and make your strategy execution rock. Through these tried and tested exercises, businesses blow the competition out of the water. Strategy Sprints will teach you to identify the bottlenecks that are weighing your business down, turn you and anyone in your team into a sales superstar and streamline processes so you spend time where it matters. The outcomes you'll master include: - developing a compelling vision - mapping out where you can make the most money - increasing your conversion rates to sales With plenty of practical tools and templates that work, learn how Strategy Sprints can transform your business. |
| what motivates most entrepreneurs: From Thinker to Doer: Creativity, Innovation, Entrepreneurship, Maker, and Venture Capital Yenchun Jim Wu, Chih-Hung Yuan, Mu-Yen Chen, 2021-04-21 |
| what motivates most entrepreneurs: Wholesale Distribution Business The Staff of Entrepreneur Media, 2014-11-17 The experts at Entrepreneur provide a two-part guide to success. First, learn how you can start a thriving wholesale operation in any industry from your kitchen table. Then, master the fundamentals of business startup including defining your business structure, funding, staffing and more. This kit includes: • Essential industry-specific startup essentials including industry trends, best practices, important resources, possible pitfalls, marketing musts, and more • Entrepreneur Editors’ Start Your Own Business, a guide to starting any business and surviving the first three years • Interviews and advice from successful entrepreneurs in the industry • Worksheets, brainstorming sections, and checklists • Entrepreneur's Startup Resource Kit (downloadable) More about Entrepreneur’s Startup Resource Kit Every small business is unique. Therefore, it’s essential to have tools that are customizable depending on your business’s needs. That’s why with Entrepreneur is also offering you access to our Startup Resource Kit. Get instant access to thousands of business letters, sales letters, sample documents and more – all at your fingertips! You’ll find the following: The Small Business Legal Toolkit When your business dreams go from idea to reality, you’re suddenly faced with laws and regulations governing nearly every move you make. Learn how to stay in compliance and protect your business from legal action. In this essential toolkit, you’ll get answers to the “how do I get started?” questions every business owner faces along with a thorough understanding of the legal and tax requirements of your business. Sample Business Letters 1000+ customizable business letters covering each type of written business communication you’re likely to encounter as you communicate with customers, suppliers, employees, and others. Plus a complete guide to business communication that covers every question you may have about developing your own business communication style. Sample Sales Letters The experts at Entrepreneur have compiled more than 1000 of the most effective sales letters covering introductions, prospecting, setting up appointments, cover letters, proposal letters, the all-important follow-up letter and letters covering all aspects of sales operations to help you make the sale, generate new customers and huge profits. |
| what motivates most entrepreneurs: Freelance Writing Business , 2012-07-15 Are you ready to free yourself from commuter traffic, office hours and boring writing projects? Then it's time to take your writing career into your own hands-and start your professional freelance writing business! One of the fastest and least expensive homebased businesses to start, the business of freelance writing lets you turn your writing talent into professional independence-set your own hours, choose your own projects and take charge of your income! This complete guide arms you with all you need to know to not only start your freelance writing business but to make sure it's a success. Learn how to: Start your business instantly and for little money Operate your business using freelance business basics and rules Choose your writing niche Use your writing expertise to advertise and find clients Increase your income by improving your writing skills and expanding your client base Start your freelance writing business today-and begin earning income tomorrow! |
| what motivates most entrepreneurs: Public Relations Business , 2012-07-15 Campaign for Your Success! The explosion of media opportunities and the rapidly changing communications landscape have served as key drivers for the public relations industry, creating huge opportunities for communications and PR specialists like you! Coaching you all the way, the experts at Entrepreneur show you how to parlay your PR experience into a successful new business. Our experts take you step by step from building the business foundation to managing day-to-day operations. Learn how to set up your firm, choose your market niche, prospect and sign clients, build media relationships, set fees, and more! Plus, gain priceless insight, tips, and techniques from practicing entrepreneurs and industry experts! Learn how to: Set up your own PR firm Choose your market niche Win over, sign, and keep clients Build strong, well-planned campaigns using the latest tools of the trade Develop prosperous relationships and partnerships Boost profits by expanding your business And more Go from public relations pro to CEO! Start your own public relations firm today! The First Three Years In addition to industry specific information, you’ll also tap into Entrepreneur’s more than 30 years of small business expertise via the 2nd section of the guide - Start Your Own Business. SYOB offers critical startup essentials and a current, comprehensive view of what it takes to survive the crucial first three years, giving your exactly what you need to survive and succeed. Plus, you’ll get advice and insight from experts and practicing entrepreneurs, all offering common-sense approaches and solutions to a wide range of challenges. • Pin point your target market • Uncover creative financing for startup and growth • Use online resources to streamline your business plan • Learn the secrets of successful marketing • Discover digital and social media tools and how to use them • Take advantage of hundreds of resources • Receive vital forms, worksheets and checklists • From startup to retirement, millions of entrepreneurs and small business owners have trusted Entrepreneur to point them in the right direction. We’ll teach you the secrets of the winners, and give you exactly what you need to lay the groundwork for success. BONUS: Entrepreneur’s Startup Resource Kit! Every small business is unique. Therefore, it’s essential to have tools that are customizable depending on your business’s needs. That’s why with Entrepreneur is also offering you access to our Startup Resource Kit. Get instant access to thousands of business letters, sales letters, sample documents and more – all at your fingertips! You’ll find the following: The Small Business Legal Toolkit When your business dreams go from idea to reality, you’re suddenly faced with laws and regulations governing nearly every move you make. Learn how to stay in compliance and protect your business from legal action. In this essential toolkit, you’ll get answers to the “how do I get started?” questions every business owner faces along with a thorough understanding of the legal and tax requirements of your business. Sample Business Letters 1000+ customizable business letters covering each type of written business communication you’re likely to encounter as you communicate with customers, suppliers, employees, and others. Plus a complete guide to business communication that covers every question you may have about developing your own business communication style. Sample Sales Letters The experts at Entrepreneur have compliled more than 1000 of the most effective sales letters covering introductions, prospecting, setting up appointments, cover letters, proposal letters, the all-important follow-up letter and letters covering all aspects of sales operations to help you make the sale, generate new customers and huge profits. |
| what motivates most entrepreneurs: What to Consider If You're Considering College Ken S. Coates, Bill Morrison, 2015-05-23 Going to college used to be a passport to future success, but that’s no longer the case. For some students, it’s still a good choice that leads to a successful career after graduation, but for many their degrees are worthless pieces of paper. Choose the wrong program and graduation is more likely to lead to disillusionment and debt than to a steady paycheck. Yet parents, guidance counsellors, and politicians still push higher education as if it’s the only option for building a secure future. In this book, Ken S. Coates and Bill Morrison set out to explore the many educational opportunities and career paths open to high-school students and those in their twenties. This book is designed to help Americans in their teens and twenties decide whether to pursue a degree, enrol for skills training, or investigate one of the many other options that are available. |
| what motivates most entrepreneurs: Entrepreneurship Theory and Practice Francis J. Greene, 2020-02-22 This beautifully written and thoroughly modern core textbook provides a strong bridge between entrepreneurship theory and practice and looks at the entire life cycle of a business, including the often neglected area of business closure. Underpinned by strong academic rigour, the text takes a critical approach, yet is also highly accessible and readable, explaining complex concepts clearly and succinctly. Research-led yet practice oriented, it examines the latest evidence-based thinking in the field and applies this to the practice of entrepreneurship through a plethora of practical examples, global cases, useful tools, and engaging, multi-faceted pedagogy. Written by a recognised expert on entrepreneurship, Entrepreneurship Theory and Practice is the ideal textbook for undergraduate, postgraduate, and MBA students taking modules on entrepreneurship that blend theory and practice. It requires no prior knowledge of entrepreneurship. Accompanying online resources for this title can be found at bloomsburyonlineresources.com/entrepreneurship-theory-and-practice. These resources are designed to support teaching and learning when using this textbook and are available at no extra cost. |
| what motivates most entrepreneurs: Consulting Business Entrepreneur magazine, 2014-05-01 The experts at Entrepreneur provide a two-part guide to success. First, capitalize on your talents and learn how help others achieve their business goals as a consultant. Then, master the fundamentals of business startup including defining your business structure, funding, staffing and more. This kit includes: • Essential industry-specific startup essentials including industry trends, best practices, important resources, possible pitfalls, marketing musts, and more • Entrepreneur Editors’ Start Your Own Business, a guide to starting any business and surviving the first three years • Interviews and advice from successful entrepreneurs in the industry • Worksheets, brainstorming sections, and checklists • Downloadable, customizable business letters, sales letters, and other sample documents • Entrepreneur’s Small Business Legal Toolkit More about Entrepreneur’s Startup Resource Kit Every small business is unique. Therefore, it’s essential to have tools that are customizable depending on your business’s needs. That’s why with Entrepreneur is also offering you access to our Startup Resource Kit. Get instant access to thousands of business letters, sales letters, sample documents and more – all at your fingertips! You’ll find the following: • The Small Business Legal Toolkit • Sample Business Letters • Sample Sales Letters |
| what motivates most entrepreneurs: Nonprofit Organization The Staff of Entrepreneur Media, 2014-04-01 The experts at Entrepreneur provide a two-part guide to success. First, learn how to turn your desire for change into a successful—and satisfying—nonprofit organization. Then, master the fundamentals of business startup including defining your business structure, funding, staffing and more. This kit includes: • Essential industry-specific startup essentials including industry trends, best practices, important resources, possible pitfalls, marketing musts, and more • Entrepreneur Editors’ Start Your Own Business, a guide to starting any business and surviving the first three years • Interviews and advice from successful entrepreneurs in the industry • Worksheets, brainstorming sections, and checklists • Entrepreneur's Startup Resource Kit (downloadable) More about Entrepreneur’s Startup Resource Kit Every small business is unique. Therefore, it’s essential to have tools that are customizable depending on your business’s needs. That’s why with Entrepreneur is also offering you access to our Startup Resource Kit. Get instant access to thousands of business letters, sales letters, sample documents and more – all at your fingertips! You’ll find the following: • The Small Business Legal Toolkit • Sample Business Letters • Sample Sales Letters |
| what motivates most entrepreneurs: Hair Salon and Day Spa The Staff of Entrepreneur Media, 2014-09-22 The experts at Entrepreneur provide a two-part guide to success. First, learn how you can make money while making people look good with your own hair salon and day spa. Then, master the fundamentals of business startup including defining your business structure, funding, staffing and more. This kit includes: • Essential industry-specific startup essentials including industry trends, best practices, important resources, possible pitfalls, marketing musts, and more • Entrepreneur Editors’ Start Your Own Business, a guide to starting any business and surviving the first three years • Interviews and advice from successful entrepreneurs in the industry • Worksheets, brainstorming sections, and checklists • Entrepreneur's Startup Resource Kit (downloadable) More about Entrepreneur’s Startup Resource Kit Every small business is unique. Therefore, it’s essential to have tools that are customizable depending on your business’s needs. That’s why with Entrepreneur is also offering you access to our Startup Resource Kit. Get instant access to thousands of business letters, sales letters, sample documents and more – all at your fingertips! You’ll find the following: The Small Business Legal Toolkit When your business dreams go from idea to reality, you’re suddenly faced with laws and regulations governing nearly every move you make. Learn how to stay in compliance and protect your business from legal action. In this essential toolkit, you’ll get answers to the “how do I get started?” questions every business owner faces along with a thorough understanding of the legal and tax requirements of your business. Sample Business Letters 1000+ customizable business letters covering each type of written business communication you’re likely to encounter as you communicate with customers, suppliers, employees, and others. Plus a complete guide to business communication that covers every question you may have about developing your own business communication style. Sample Sales Letters The experts at Entrepreneur have compiled more than 1000 of the most effective sales letters covering introductions, prospecting, setting up appointments, cover letters, proposal letters, the all-important follow-up letter and letters covering all aspects of sales operations to help you make the sale, generate new customers and huge profits. |
| what motivates most entrepreneurs: e-Business Entrepreneur magazine, 2014-05-17 The experts at Entrepreneur provide a two-part guide to success. First, learn how to skillfully navigate the web and turn your e-business dream into an online reality. Then, master the fundamentals of business startup including defining your business structure, funding, staffing and more. This kit includes: • Essential industry-specific startup essentials including industry trends, best practices, important resources, possible pitfalls, marketing musts, and more • Entrepreneur Editors’ Start Your Own Business, a guide to starting any business and surviving the first three years • Interviews and advice from successful entrepreneurs in the industry • Worksheets, brainstorming sections, and checklists • Downloadable, customizable business letters, sales letters, and other sample documents • Entrepreneur’s Small Business Legal Toolkit More about Entrepreneur’s Startup Resource Kit Every small business is unique. Therefore, it’s essential to have tools that are customizable depending on your business’s needs. That’s why with Entrepreneur is also offering you access to our Startup Resource Kit. Get instant access to thousands of business letters, sales letters, sample documents and more – all at your fingertips! You’ll find the following: The Small Business Legal Toolkit When your business dreams go from idea to reality, you’re suddenly faced with laws and regulations governing nearly every move you make. Learn how to stay in compliance and protect your business from legal action. In this essential toolkit, you’ll get answers to the “how do I get started?” questions every business owner faces along with a thorough understanding of the legal and tax requirements of your business. Sample Business Letters 1000+ customizable business letters covering each type of written business communication you’re likely to encounter as you communicate with customers, suppliers, employees, and others. Plus a complete guide to business communication that covers every question you may have about developing your own business communication style. Sample Sales Letters The experts at Entrepreneur have compiled more than 1000 of the most effective sales letters covering introductions, prospecting, setting up appointments, cover letters, proposal letters, the all-important follow-up letter and letters covering all aspects of sales operations to help you make the sale, generate new customers and huge profits. |
| what motivates most entrepreneurs: Information Marketing Business Entrepreneur magazine, 2013-04-11 Start Your Own Information Marketing Business 2E A six-figure income from information? Yes! It sounds easy because it is. You've got information that millions of others are looking for and now you can learn how to package, price and sell it. The experts at Entrepreneur take you step by step, jumpstarting your thinking about your area of expertise and showing you how to convert it into a high-demand information product. Following the example set by today's most successful information marketers, you learn the ins and outs of running your own information marketing business using proven strategies and effective marketing techniques. Whether looking for a side business or a full-time venture-information marketing is a flexible, lucrative business that you can start any time, and everything you need is right here. This kit includes: • Essential industry and business-specific startup steps with worksheets, calculators, checklists and more. • Entrepreneur Editors’ Start Your Own Business, a guide to starting any business and surviving the first three years. • Downloadable, customizable business letters, sales letters, and other sample documents • Entrepreneur’s Small Business Legal Toolkit. |
| what motivates most entrepreneurs: Cleaning Service The Staff of Entrepreneur Media, 2014-04-01 The experts at Entrepreneur provide a two-part guide to success. First, find out what it takes to start three of the most in-demand cleaning businesses: residential maid service, commercial janitorial service and carpet/upholstery cleaning. Then, master the fundamentals of business startup including defining your business structure, funding, staffing and more. This kit includes: • Essential industry and business-specific startup steps with worksheets, calculators, checklists and more • Entrepreneur Editors’ Start Your Own Business, a guide to starting any business and surviving the first three years • Interviews and advice from successful entrepreneurs in the industry • Worksheets, brainstorming sections, and checklists • Downloadable, customizable business letters, sales letters, and other sample documents • Entrepreneur’s Small Business Legal Toolkit More about Entrepreneur’s Startup Resource Kit Every small business is unique. Therefore, it’s essential to have tools that are customizable depending on your business’s needs. That’s why with Entrepreneur is also offering you access to our Startup Resource Kit. Get instant access to thousands of business letters, sales letters, sample documents and more – all at your fingertips! You’ll find the following: • The Small Business Legal Toolkit • Sample Business Letters • Sample Sales Letters |
| what motivates most entrepreneurs: Staffing Service Krista Turner, Entrepreneur magazine, 2013-09-16 The new world economy is tough on job security. Hordes of skilled, experienced, motivated workers are flooding the market, looking for work. And lots of merged and downsized companies now outsource the work that used to be done by permanent employees. The bright side? It’s prime time for the staffing profession. Detailing the hottest specialties in the staffing service industry—facilities staffing, industrial staffing, office/clerical staffing, temp staffing and temp-to-perm staffing—the experts at Entrepreneur provide everything eager entrepreneurs need to know to start their own staffing service. Covers: -Industry trends and opportunities -Identifying a specialty -How to establish the business—from securing licenses and financing to buying equipment and recruiting employees -Building a client base -Promoting and marketing the business -Managing day-to-day operations -Staying on top of finances Entrepreneurs also gain priceless insight from practicing entrepreneurs who reveal little-known tricks of the trade and common hazards to avoid. Aspiring business owners are given sample documents, worksheets, and other example materials to reference as they move their business forward. Specialties covered include: •Facilities staffing—placing employees in long-term or indefinite-length assignments •Industrial staffing—specializing in manual laborers, food handlers, cleaners, assemblers, drivers, tradespeople, machine operators, etc. •Office/clerical staffing—focusing on secretaries, receptionists, administrative assistants, word processing and data-entry operators, etc. •Temporary staffing—supplying client companies with workers on a short-term basis •Temp-to-perm staffing—offering clients a convenient way to try out temporary workers for permanent positions All Entrepreneur Step-By-Step Startup Guides Include: •Essential industry-specific startup steps with worksheets, calculators, checklists and more •Bestselling title,Start Your Own Business by Entrepreneur Media Inc., a guide to starting any business and surviving the first three years •Downloadable, customizable business letters, sales letters, and other sample documents •Entrepreneur’s Small Business Legal Toolkit |
| what motivates most entrepreneurs: Blogging Business Entrepreneur magazine, 2014-01-01 This kit includes: Essential industry and business-specific startup steps with worksheets, calculators, checklists and more. Entrepreneur Editors’ Start Your Own Business, a guide to starting any business and surviving the first three years. Downloadable, customizable business letters, sales letters, and other sample documents. Entrepreneur’s Small Business Legal Toolkit. Blogs are still one of the internet’s fastest-growing phenomena–and one of the best and easiest ways to make money online. Packed with the latest blog tools, tricks, and up-and-coming trends, this fully revised edition teaches you the ins and outs of creating an eye-catching blog that captures millions of eyeballs and reaps huge financial rewards–all within hours and with little to no financial investment. We’ll reveal: The latest forms of blogging including Twitter/micro-blogging, mobile blogging, and video blogging •How you can make money as a YouTube partner and develop a YouTube Channel •10 proven ways to promote your blog •How to avoid the most common blogging mistakes •Priceless advice from successful bloggers for maximizing profits •How to create new and original content to attract new followers Now you can create your own incredible platform to showcase your thoughts, knowledge, expertise, and opinions to millions of web surfers and make money doing it! |
| what motivates most entrepreneurs: Bar and Club Entrepreneur magazine, 2014-01-01 This kit includes: Essential industry and business-specific startup steps with worksheets, calculators, checklists and more. Entrepreneur Editors’ Start Your Own Business, a guide to starting any business and surviving the first three years. Downloadable, customizable business letters, sales letters, and other sample documents. Entrepreneur’s Small Business Legal Toolkit. There are few businesses as glamorous as owning a bar or club. You’ll be the proprietor of the establishment where people meet, greet, eat and drink. It’ll be a home away from home for some of your customers, and you’ll be the ruler of this social roost. The profit potential for bars is incredible. By taking a $20 bottle of liquor, and selling it an ounce at a time for $1.50 and up, you can make as much as $192 per bottle. That’s a whopping 800 percent return on your investment! Owning your own bar or club can mean long hours, meticulous attention to detail, giving up vacations and weekends, and sometimes dealing with unruly customers. But if you have a clear vision, do your homework, and learn the ins and outs of the business, it can also translate into a rewarding and financially successful enterprise. If you’re friendly, outgoing, like people and have good business sense, you’re already well on your way. Our step-by-step guide will help you turn your dream into a moneymaking reality. We cover the several types of bars you can open–neighborhood bar, sports bar, brewpub, wine or martini bar, and nightclub–and how to get those bar stools filled with happy customers. The author explains step by step everything you need to know before opening your doors. Topics covered include how to: •Research your target market •Find the perfect location •Hire a knowledgeable staff •Navigate the red tape that accompanies serving alcohol and food •Understand the logistics of inventory and equipping your bar •Compete with other bars and nightlife venues •Keep your clients entertained–and get them to make more purchases–once they’re in your bar •And much more! We share insider tips to increase your bottom line and make your venture a success. This easy-to-use guide also includes useful sample forms, cost-cutting ideas, common mistakes to avoid, and additional resources, plus step-by-step instructions, checklists, and work sheets that will guide you through every aspect of the start-up process. Order this book today and start living your dream. |
| what motivates most entrepreneurs: Start a Business in Virginia The Staff of Entrepreneur Media, 2015-08-01 This state-specific title in Entrepreneur's evergreen SmartStart series shows the reader how to start a business in Virginia. The staff of Entrepreneur Media presents essential guidance to aspiring business owners including state-specific rules, regulations, contacts, and statistics. Includes updated forms, worksheets, and tax information. |
| what motivates most entrepreneurs: Considering College 2-Book Bundle Ken S. Coates, Bill Morrison, 2016-05-28 This two-book bundle is an essential handbook for any student or parent considering college. Learn why a degree is no longer a passport to success in today's job market. Includes: Dream Factories The “good jobs” of the past are almost gone. Today, many college graduates face unemployment while others face underemployment. Professors Ken Coates and Bill Morrison explore the death of the “good job,” and the role that colleges have played in the disconnect between career fantasies and realities. What to Consider If You're Considering College If you listen to the general chatter from parents, guidance counselors, and politicians, you would think that going to college is the only option that ensures future success. That's no longer true. This book is designed to help anyone under thirty make the best possible educational and career choices. |
| what motivates most entrepreneurs: Six-week Start-up Rhonda Abrams, 2004 You have an idea for a business -- but now comes the tough part: making it happen. From licenses to bookeeping to marketing to setting up shop, Six-Week Start-Up guides you through every step of getting your business up and running successfully -- and fast! Book jacket. |
| what motivates most entrepreneurs: Hair Salon and Day Spa , 2012-07-15 Succeed with style! Hair salons and day spas across the country are making as much as $300,000 a year - and you can, too. Whether you want to start a small salon out of your home or open a full-service day spa, this guide will show you exactly how to succeed. You don't even have to be a stylist. If you've got strong business skills, you can open a salon/spa, rent space to stylists, message therapists and nail artists, then sit back and rack in the cash. Inside our guide you'll find: Analyze the market, write a business plan and advertise effectively Establish a website to spread the word and bring in more revenue Increase sales with no extra effort by applying simple upselling techniques Keep track of your finances with ready-to-use work sheets Professional industry experts share inside information and invaluable advice, revealing how they have been successful in this lucrative business, and more importantly, how you can be successful, too. Attractive hair, newfound energy and a revitalized appearance are always in style, no matter what ups and downs await the economy. Whether you love styling hair or prefer managing personnel, you'll find that it pays to help people look good and feel great. This guide will show you the profitable way of making someone's day. Order today and get started on the path to success! The First Three Years In addition to industry specific information, you’ll also tap into Entrepreneur’s more than 30 years of small business expertise via the 2nd section of the guide - Start Your Own Business. SYOB offers critical startup essentials and a current, comprehensive view of what it takes to survive the crucial first three years, giving your exactly what you need to survive and succeed. Plus, you’ll get advice and insight from experts and practicing entrepreneurs, all offering common-sense approaches and solutions to a wide range of challenges. • Pin point your target market • Uncover creative financing for startup and growth • Use online resources to streamline your business plan • Learn the secrets of successful marketing • Discover digital and social media tools and how to use them • Take advantage of hundreds of resources • Receive vital forms, worksheets and checklists • From startup to retirement, millions of entrepreneurs and small business owners have trusted Entrepreneur to point them in the right direction. We’ll teach you the secrets of the winners, and give you exactly what you need to lay the groundwork for success. BONUS: Entrepreneur’s Startup Resource Kit! Every small business is unique. Therefore, it’s essential to have tools that are customizable depending on your business’s needs. That’s why with Entrepreneur is also offering you access to our Startup Resource Kit. Get instant access to thousands of business letters, sales letters, sample documents and more – all at your fingertips! You’ll find the following: The Small Business Legal Toolkit When your business dreams go from idea to reality, you’re suddenly faced with laws and regulations governing nearly every move you make. Learn how to stay in compliance and protect your business from legal action. In this essential toolkit, you’ll get answers to the “how do I get started?” questions every business owner faces along with a thorough understanding of the legal and tax requirements of your business. Sample Business Letters 1000+ customizable business letters covering each type of written business communication you’re likely to encounter as you communicate with customers, suppliers, employees, and others. Plus a complete guide to business communication that covers every question you may have about developing your own business communication style. Sample Sales Letters The experts at Entrepreneur have compliled more than 1000 of the most effective sales letters covering introductions, prospecting, setting up appointments, cover letters, proposal letters, the all-important follow-up letter and letters covering all aspects of sales operations to help you make the sale, generate new customers and huge profits. |
| what motivates most entrepreneurs: Start a Business in Washington The Staff of Entrepreneur Media, 2015-08-01 This state-specific title in Entrepreneur's evergreen SmartStart series shows the reader how to start a business in Washington. The staff of Entrepreneur Media presents essential guidance to aspiring business owners including state-specific rules, regulations, contacts, and statistics. Includes updated forms, worksheets, and tax information. |
| what motivates most entrepreneurs: Main Street Entrepreneur Michael Glauser, 2016-05-16 100 Cities. 100 Entrepreneurs. 9 Keys for Success. Main Street Entrepreneur offers a unique look at what it takes to create a successful and thriving business. Lifelong entrepreneur, business consultant and university professor Michael Glauser rode 4,005 miles in 45 days, spent 246 hours on a bike seat, climbed 165,748 vertical feet, and interviewed more than 100 entrepreneurs in 100 cities along the way to discover the secrets to entrepreneurial success. Glauser has distilled hours of interviews and research to present the nine keys for: Building a purpose-driven business Meeting important community needs Developing a supporting cast Working with a zealous tenacity Giving mind-boggling customer service Diversifying revenue streams Giving back to the broader community And ultimately, creating the lifestyle of your dreams Readers will learn how to achieve their own dreams and won’t need a 30-page business plan, venture capital, or an exit strategy. All they need to do is implement nine keys for success. Not everyone can build a Facebook, Google or eBay, but anyone with passion and tenacity can do what these entrepreneurs all across America are doing. |
| what motivates most entrepreneurs: bWise: Global Entrepreneur's Edge Sanjyot P. Dunung, 2014-11-25 In the hard-fought business world, only one new business in 20 lives to see its fifth anniversary. Typical management books do not address the unique nuances of early stage companies. Most entrepreneurial books often profile successful entrepreneurs or companies who are better known, which usually includes only the small percentage that achieve stratospheric success. bWise: Global Entrepreneur provides a welcome combination of first person-advice and peer mentoring support. This essential resource provides an in-depth, inside perspective on what it’s really like to start a company, including tips for long-term survival and success, and detailed practical advice to help entrepreneurs tackle common concerns and obstacles. This comprehensive book provides sound, battle-proven advice for determining early structural decisions, uncovering innovative funding resources, and developing a business plan and budget. Global Entrepreneur's Edge: Starting Your Business Table of Contents: Chapter I: Are You Ready for Entrepreneurship I. Personal Philosophy and Goals II. Why Do People Want to Become Entrepreneurs? III. Forms of Entrepreneurship IV. Should You Become an Entrepreneur? V. Partnerships: Family and Friends as Partners and Employees Chapter 2: Getting Started I. Choosing a Company Name II. Planning Process: Developing a Business Plan III. Structural & Personal Issues: Roles, Responsibilities and Other issues in a Partnership IV. Accounting & Legal Chapter 3: Funding I. Yours II. Theirs III. Venture Capital a. Understanding the Business of a VC b. What Makes a Good VC c. What Entrepreneurs Should Watch Out For d. What VCs Watch Out For e. Finding a Good VC f. Business Plan Screening g. Meeting with a VC h. Due Diligence i. Negotiating & Structuring the Deal j. Preferred, Participating preferred, double participating preferred and Other Mind-numbing Structures k. Rejections l. Funding Options for Women and Minority Owned Firms IV. Small Business Administration & Related Government Entities V. Alternative Options: bWise Global Entrepreneur's Edge is part of Atma Global’s bWise – Business Wisdom Worldwide series. Engaging, concise, and informative country, culture, and global business guides for professionals, educators, students, and global enthusiasts. Maximize your success potential and satisfy your curiosity as you learn about countries, cultures, and timely global business topics. Edu-taining Content. Our philosophy is that learning should be enjoyable, engaging and user friendly, regardless of how, where, and when you choose to access it. Useful insight needs more than 140 characters. Our approach is not to “spoon feed” you a bunch of do’s and don’ts, rather we look to give you an in-depth, straightforward perspective of a culture, country or a global business topic so that you can extract the information you need and want. Context. We believe that it’s essential to know about how’s and why’s behind a topic. Whether the attitudes towards work and business interactions, business protocols, or the way people communicate – much has to do with the overall context in which society operates. History, government, politics, geography, and a host of other factors all play into this equation as well. More than just a presentation of facts, our essential learning content provide a reliable, comprehensive proprietary analysis about a business culture or global business topic. |
| what motivates most entrepreneurs: Entrepreneurs Always Drive on Empty Benjamin Bonetti, 2010-08-27 Over the last 10 years Benjamin Bonetti, serial entrepreneur and successful Business Coach, has assisted and guided thousands of entrepreneurs and business owners through their journey for success.His advice is highly respected within the business community with regularappearances on T.V. and Radio as a Celebrity Life Coach, MotivationalExpert and Business Guru. Bonetti's internationally acclaimed sell outseminars are regularly attended by savvy entrepreneurs; many of which oweBonetti's inspiration to their own massive success.Within this book Bonetti has included his 'never heard before' secrets,theories and psychological techniques that have massively changed thedynamics of thousands of business ventures, from small businesses to majorcorporations.If you think it's your time to massively improve the quality of your personal and professional life and attract money, fulfilment and recognition; then this book can truly show you how! |
| what motivates most entrepreneurs: The Oxford Handbook of Work Engagement, Motivation, and Self-determination Theory Marylène Gagné, 2014 Self-determination theory argues that work motivation based on meaning and interest is superior to motivation based on pressure and rewards. This book brings together self-determination theory and organizational psychology experts to talk about past and future applications of the theory to the field of organizational psychology. |
| what motivates most entrepreneurs: Portraits of Successful Entrepreneurs and High-flyers Syrine Kit Sum Lam, 1999 From a psychological dimension and using cognitive perspectives, this study aims to identify the personal characteristics of Hong Kong successful entrepreneurs and high-flyers. It also attempts to apply western theoretical perspectives to Chinese personality and behaviour |
| what motivates most entrepreneurs: Start Your Own Restaurant and More The Staff of Entrepreneur Media, Rich Mintzer, 2016-10-17 Americans spend more than $600 billion a year eating out. Busy consumers don't have the time or inclination to cook - they want tasty, nutritious meals without dishes to wash. Singles, working parents and seniors are demanding greater convenience and are turning to restaurants to fill that need. With so much dining and taking out, there's plenty of room for more food businesses, but for a successful startup you need more than just good recipes. You also need to know about planning, capitalization, inventory control, and payroll management. Entrepreneur has compiled everything you need including how to evaluate the competition, how to research potential customers, the basics of setting up a kitchen, how to find a great location, how to leap over regulatory hurdles in the industry, and how to select the best people to staff your particular style of business. |
| what motivates most entrepreneurs: Write Your Business Plan The Staff of Entrepreneur Media, 2015-01-19 A comprehensive companion to Entrepreneur's long-time bestseller Start Your Own Business, this essential guide leads you through the most critical startup step next to committing to your business vision—defining how to achieve it. Coached by a diverse group of experts and successful business owners, gain an in-depth understanding of what’s essential to any business plan, what’s appropriate for your venture, and what it takes ensure success. Plus, learn from real-world examples of plans that worked, helping to raise money, hone strategy, and build a solid business. Whether you’re just starting out or already running a business, to successfully build a company, you need a plan. One that lays out your product, your strategy, your market, your team, and your opportunity. It is the blueprint for your business. The experts at Entrepreneur show you how to create it. Includes sample business plans, resources and worksheets. |
| what motivates most entrepreneurs: Start Your Own Business, Sixth Edition The Staff of Entrepreneur Media, 2015-01-19 Tapping into more than 33 years of small business expertise, the staff at Entrepreneur Media takes today’s entrepreneurs beyond opening their doors and through the first three years of ownership. This revised edition features amended chapters on choosing a business, adding partners, getting funded, and managing the business structure and employees, and also includes help understanding the latest tax and healthcare reform information and legalities. |
