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Turn Your Ideas into a Profitable Small Business
The "idea phase" is one of the most exciting parts of the entrepreneurial process. You start to get a vision of how people will love the products that emerge from your idea, how they'll flock through the door, how you'll be doing what you love every day, and filling your bank account as well. You begin to see trips to exotic places, time to spend enjoying a stunning summer day– the life you want.

Other entrepreneurial process Related Articles

The Entrepreneurial Mindset: Do You Have What It Takes?
Being successful as an entrepreneur depends on having the right attitude: the entrepreneurial mindset. But what exactly is the "entrepreneurial mindset" and do you have what it takes? Read on to find out more.
Lesson #3: The Accidental Entrepreneur is No Accidental Success
“There is such a thing as a natural-born entrepreneur, for whom the entrepreneurial urge drives everything, and who can make a business out of almost anything,” says Moore. “But the accidental entrepreneur like me has to fall into the opportunity or be pushed into it. Then the entrepreneurial spirit eventually catches on.” Moore and Noyce are evidence of the fact that entrepreneurs do not necessarily have to be born as such. Through a process of discovering their passion and being unhappy with their prospects at other companies, Moore and Noyce decided to start up their own business. It was their willingness to admit their shortcomings and seek out the help of others that the two accidental entrepreneurs in fact became two of the most successful entrepreneurs in modern time.

Improve the Quality of Your Franchise Business with Multi-Unit and Multi-Concept Franchises
Multi-unit and multi-concept franchising both provide opportunities for fast, efficient growth. Franchising is an obvious consideration for individuals who naturally have that entrepreneurial spirit. You might be wondering what is means to have an entrepreneurial spirit.

7.0 Entrepreneurship and Small Business Success: Entrepreneurship and Small Business Enterprise Growth in Uganda
Common day definition of entrepreneurs tend to equate it with those who start small business (Drucker, 1993). This is a fallacy. Entrepreneurship is a dynamic process of creating wealth whether in small organisations or large organisations. Entrepreneurship is a continuous search for change, responding to it and exploiting it as an opportunity (Drucker, 1993). Most successful organisations are successful because of the entrepreneurial behaviour of their leaders and the entrepreneurial culture prevalent in the organisation. The key entrepreneurial behaviours include the following :
Promoting Entrepreneurial Creativity in Third World Markets
Promoting the entrepreneurial creative spirit in third world markets is a fundamental key to promoting our mental development to higher height of possibilities. Promoting entrepreneurial creativity involves the process of combining new ideas with elements currently in the markets. However, being able to devise new combinations depend on one’s ability to discern relationships between seemingly disparate items. Creativity then is the juxtaposition of ideas which were previously thought to be unrelated. It is the ability to combine ideas in a unique way or to make useful associations among ideas.
Operator Error Is Why Most Businesses Fail
This is the column that probably gets me kicked out of the entrepreneurial chapter of the Priory of Scion. I look silly in those long robes anyway, so here goes. A thousand apologies to my entrepreneurial brothers and sisters, but. I think the more important question is: do businesses fail or does the entrepreneur in charge of them fail? I have to be honest and tell you that I think most business failures must be laid at the feet of the person in charge.
The Entrepreneurs Checklist
I was asked the other day what personality traits I thought were important to entrepreneurial success. I immediately gave my preprogrammed reply about passion and dedication and hard work. After taking some time later to ponder the question a little deeper (I normally operate in shallow waters), I came up with a more detailed checklist for entrepreneurial success.
Entrepreneurship and Franchising: Perfect Together
For years we’ve been reading articles about a franchisor’s desire to select franchisees that are not too entrepreneurial…that are in fact interdependent rather than independent. In order for most prospective franchisees to take the leap into business ownership…they need to develop an entrepreneurial spirit.
The Myth of Entrepreneurial Risk-Taking
Everyone seems to have their own "Top 10 list of entrepreneurial qualities" these days, and risk-taking almost always makes the Top 3. But is this really true? Do savvy entrepreneurs simply throw caution to the wind and fly in the face of danger when it comes to taking risks? Let's examine this "myth of entrepreneurial risk-taking" more closely.
Businesses For Introverts: Profits From Cyberspace
Lots of would-be entrepreneurs fail to get into business for themselves for one simple reason: they're introverts, and they're convinced you can't be both an introvert and an entrepreneur. But as a clear introvert with entrepreneurial aspirations, I'm here to tell you it just ain't so. Here are three things introverts should consider when they feel the entrepreneurial urge....
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