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first few years Tagged Articles
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Homeless But Not Hopeless: Millionaire Chris Gardner’s Early Years
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| Chris Gardner wears a $10,000 watch on each wrist. On the right hand is a Cartier set to Chicago time, and on the left is a Roger Dubuis set to South African time. “I was late once and it cost me $50,000,” explains Gardner. “I figure it was cheaper to wear two watches.” For a man who not too long ago had only two suits to his name and could not even afford to pay rent, Gardner has come a long way. From living on the streets and bathing in public restrooms to owning a successful multi-million dollar stock brokerage firm, Gardner is living out the American dream. |
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Crunching the Competition: Corn Flakes Take Off
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| In 1906, after disagreeing with his brother about the future of their invention – toasted wheat flakes – Kellogg decided to start his own business. He left his brother’s company and created his own, calling it the Battle Creek Toasted Corn Flake Company. His first product was, as expected, corn flakes. |
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Lesson #2: The Proof is in the Product that Works
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| In 1910, Harley-Davidson motorcycles captured at least seven different first place finishes in races and endurance contests across America. The four boyhood friends who founded the company began racing their motorbikes because they loved it. But soon after they began sweeping races across the country, Harley and the Davidson brothers realized that they were now racing for something even more valuable than a trophy or prize money: they were racing for sales. |
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Lesson #2: High Hopes Help Hold You Up
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| Hall was 16 years old when he came up with the idea of starting the Norfolk Post Card Company. He was ambitious to say the least. At the time, the market for imported postcards was limited, which would have made his business venture difficult for even the most seasoned of entrepreneurs. Still Hall, a high school dropout with no business experience under his belt, believed whole-heartedly in his idea. |
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Creating the World’s Most Popular List: Craigslist is Born
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| “We don’t have much in the way of a business strategy,” says Newmark. “Like no business plan. Which I say to torment all my friends who are VCs or MBAs. That’s always entertaining. The deal is, it’s a mixture of luck and persistence.” |
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IT'S ABOUT PROCESS NOT OUTCOMES OR WHAT FOOTBALL TAUGHT ME
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| Two of the greatest life lessons I ever learned believe it or not came early in my amateur football coaching career. They were to have a profound effect on my philosophy of life thereafter.
So, if you can bear with me and allow my propensity to perhaps over-romanticize my 25 years as a football coach, I promise there is a lesson(s) here. You don't even have to like the sport! |
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A Day In The Life Of A Plan Ahead Events Franchisee
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| Regardless of what the client needs done, what kind of event needs to be planned, or how big the night is supposed to be, the Plan Ahead Events people make it happen. Here's an in-depth look at a day in the life of a plan ahead events franchisee. |
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Prepared to Succeed
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| Opportunities are often what we define them to be. Mike McGrail didn't go to church to find a client; he went because he always did. A business plan is useful, but if it's too restrictive, it can blind you to opportunities that you're well equipped to realize. |
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The 10 Mistakes That Failing Entrepreneurs Make
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| You have heard that many businesses fail in the first few years. You want to set up your own business and are sure that you won’t fail. So what are the mistakes that the entrepreneurs make? |
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Business Problems? Is My Business in Trouble? How Can I Tell Before the Worst Happens?
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| It is a well know fact that many businesses fail within the first few years – so how can you make sure that your business is not failing at the moment. Here’s a Business Health Check for you.
Sit down quietly in your office, with your records to hand and work your way through this business health check. You don’t need to do it all at once, but try and do it within a few days. You should review each question deeply in order to get a detailed view of your business.
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Business Ownership – Just Like Working But With More Freedom. Isn’t It?
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| Well actually no it’s not usually but it can be far better if you know what to expect and how to manage your new business.
Every new business owner starts off, full of hope, excitement and enthusiasm. How do you make sure that you are not on of the 80% of small businesses that fails in the first few years?
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Handling Explosive Growth
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| It is possible for a franchise system to grow so quickly that it gets out of control. Here are some thoughts about a reasonsable growth curve. |
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The Entrepreneurs Checklist
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| 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. |
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Acting Successful from the Start
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| What kind of message are you sending to your prospects? Do they see you as a competent professional or someone who doesn't believe in their own value? In order to be successful you must learn to act successful. |
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Why you should have a hobby when you run your own business
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| Now if you’re a small business owner and you’re reading the title thinking “she’s having a laugh…I’ve got no time to do all the things I want to do, let alone have a hobby”, let me tell you that I was in exactly the same position as you about a year ago. |
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Is Franchising For Me
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| Becoming a franchisee is a personal decision. There are many factors that you'll want to take into consideration when evaluating whether or not a franchise is the right choice for you. |
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Strong Business Boundaries Set You Up for Success
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| Are you a coach or a care-taker? Do you find yourself making concessions for your clients that leave you frustrated and frazzled? Then it is time to set strong boundaries. You can do this with the Five Sacred Coaching Boundaries. |
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Am I A Good Franchise Candidate?
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| If you are at the point where you are reading this article, you are probably someone who has already entertained the idea of owning a franchise. Whatever your background and motivation, it is important for you to investigate whether or not a franchise is right for you. |
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Other first few years Related Articles
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5 Reasons Why You Need a Coach
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| Operating a small business successfully is not easy. Only 66% of new small businesses make it past the first two years, just 49% make it to 4 years, and barely 39% make it to 6 years. Why do they fail? |
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Copyrights, Patents, and Trademarks FAQs
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| The owner of a registered copyright enjoys the ability of blocking the unauthorized copying or public performance of a work protected by copyright. Depending on how old a work is, whether or not copyright was renewed, when the work was published (if at all), and whether or not it is a work for hire, the U.S. copyright term for a work may be 28 years, 56 years, the life of the author plus 50 years, 75 years from the publication date, or 100 years from the date of creation. The reader will appreciate that these terms are much longer than the 17-year or 20-year term of a U.S. utility patent. |
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Lesson #2: It Takes Passion to Win the Fight
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| White might not have been a stellar student, but thanks to his achievements with the UFC, his high school was nevertheless proud of him. So much so, that they even invited him back to deliver the commencement address twenty years after his own graduation. “It was pretty cool,” said White. “If you would have asked me ten years ago if this is where I would have been in ten years, I would have laughed in your face.” |
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How to ensure your business becomes an asset not a liability
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| After ten years the plan was to retire: either Trevor could sell his business and generate a retirement fund, or pass the business onto his children with it paying him a yearly consultancy fee to see him through his twilight years.
But after ten years neither was possible. Nobody would buy his business and his children perceived it to be a liability.
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Is there a Place for Destiny in Your Life?
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| I recently read an article online that asked the question, "Where will you be in 25 years?" then invited me to first consider where I was 25 years ago as an way of introducing the role of destiny in our lives. I found the exercise interesting and worthwhile so I thought I'd share it with you.
Where were you 25 years ago in 1983?
Me, I was 35 years old. I'd graduated from veterinary college 9 years previously, and I had purchased my own veterinary clinic (a former out patient clinic of a larger hospital) for the rip roaring price of one dollar, which was about all the savings I had at the time. The rest of the purchase price, if memory serves some $26,000 was financed at the local bank. Not long after, the loan that started at 12% shot up to 19%. |
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Getting The Best Home Loans Using A Mortgage Broker
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| A mortgage broker can be of significant aid to those trying to receive the finest home loans to be equal to their exclusive situations. Over the years, in fact over the last few years, the plea for home loans has grown exponentially, and this has little connection with any rise in the birth rate 20 years ago. |
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Hedging Your Bets
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| Anyone can grow an international business today because of all the tools that are available to them. In the next five years commerce and communication are going to merge globally and many billionaires will be made. It will be up to you to be part of this new group of entrepreneurs and billionaires and make the next 10 years be the years that set you apart from the crowd. |
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Home Loans - Insights On How Working Together With A Brokerage Can Save You Time And Cash
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| A home loan broker is definitely of significant assistance to those attempting to find the very best mortgage loans to accommodate their personal situations. Through the years, the fact is that through the most current years, the interest in mortgage loans has increased tremendously, this also has not only to do with any kind of boost in birth rate 20 years ago.
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THE MERITS OF SCREWING UP
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| Has there ever been a time when you were told you were a screw up? I have this idea that there is another way to look at this thing called life that may or may not be helpful to you. It is that life is comprised of one screw up after another. Yes, you heard me right!
Oh, we don’t mean to but one way or another we do and in my case more times than you might imagine, especially earlier in my life. One of the biggest screw ups, if not the biggest I ever made was to spend too much of my time and too many years trying to please others so that they would like and accept me.
This one monumental screw up that sat like a dark cloud over my head for so many years was the main reason for a whole series of screw ups that followed over the first thirty-five years of my life. Yes, you heard me right, 35 years! |
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Riding into Risk - Only In My Mind!
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| Many years later after having my children and long after the risk taking years – I re-learned to ride a motorcycle. Only this time the bike was 3 times the size and weighed in at about 487 lbs. I learned not only how to ride it safely by taking a course – but also learned how to lift it – in case I ever fell or dropped it. (which I did a few times!) I rode for four years before we moved and sold the bike. Three years went by before we decided to get another motorcycle.
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2010 – Some Important Changes In How We Do Business In the Franchise Industry
by: Anne Barr, Dallas Franchise Consultant
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