Archive for May 2005
Macroeconomics and Entrepreneurship in 2005
There are many paradigms through which people measure the level of entrepreneurship. One paradigm examines entrepreneurship as the event that occurs when capital, marketable ideas, and managerial talent are combined. Another paradigm attempts to explain entrepreneurship as a cultural phenomenon, with certain cultures more apt to foster entrepreneurs while others which readily punish entrepreneurial attempts.…
Read More12 Pieces of Advice for Erstwhile Entrepreneurs
As I think back to my 22 years as an entrepreneur, I have come up with a dozen important pieces of advice that I suggest that anybody who embarks on this track should follow. Here they are: Facing the Challenge of Doing Business and Getting Business – This is the universal trap most new entrepreneurs…
Read MoreHow I Became an Entrepreneur
Entrepreneurs in some ways resemble great leaders. Some are born entrepreneurs. Some become or evolve into entrepreneurs, and some have entrepreneurship thrust upon them. My entry into entrepreneurship came about through the third scenario. I never really considered going into my own business until I was confronted with unforeseen circumstances. I was vice president and…
Read MoreFREE Advice for Creating a Business Plan
Even if you are not interested in obtaining financing, your first step on the road to entrepreneurship is developing your business plan. And, the Web has loads of free advice. The editors of The Wiglaf Journal have reviewed a half dozen sights that are loaded with valuable information. These six are just several of the…
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