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Lesson #3: Do It Because You Love It
“I’m a geek,” says Cuban. “I love technology. I would be online working with technology regardless of what my day job is.”

Getting the Picture: How Eastman Turned Kodak into a Star
Eastman once said, “What we do during our working hours determines what we have; what we do in our leisure hours determines what we are.”

Lesson #1: Beginning as a Beginner is Okay
The tremendous success of the Subway chain is a testament to the fact that you do not need to know everything about the business before you open up shop. When DeLuca first got into the sandwich-making business, he was doing two things he had never done before; not only had he never ran a business, but he had never even made a submarine sandwich before.

Fast Food Fury: How DeLuca Created a Franchising Phenomenon
“What's happening to us is beyond whatever I imagined,” says DeLuca, looking back on his career. “If you told me 30 years ago that one day I'd be sitting in a Subway store in Russia, I'd have said you were crazy.” DeLuca went from being just another kid in Brooklyn to being at the top of an international fast food phenomenon. How did he do it?

Lesson #2: High Hopes Help Hold You Up
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.
After the Honeymoon
Here’s some information about what happens after the honeymoon is over when the shiitake hits the fan. There are three parts to each section: the problem, how you got to this point, and what to do now.
Entrepreneurs Caution Customers that Boaters Who Ignore Common Sense Drown in Their Own Foolishness
Entrepreneurs in the boating industry understand their customers face possible accidents and fatalities whenever they are on the water. Entrepreneurs want boaters to understnad that if they ignore common sense on the water they will drown in their own ignorance.
Branding USPs etc Its a Bit More Complicated Than You Think
When you mention branding the really inexperience entrepreneur tends to think of their logo, whilst the business person who has read up a little thinks of their USP (unique selling proposition). The overall thinking tends to be that you slap your logo on everything, mention your USP a few times and you have branded your company! If only it was that simple.
Exit Plan or Shot In The Dark?
Have a great job that you love? Have a lousy job that you hate? Before you have no job at all, you need to know where you want to go and plan for it: not later, NOW.
Learn How To Price Your Products & Services
Some businesses don't have to worry about pricing because there is a market price for their goods or services that can't be modified, such as the price of developing a role of 35-mm color film at a Photo franchise shop, for example. But most businesses have to decide how to price their goods or service and whether it will be lower, the same as, or higher than the market price.

Giving Effective Feedback
If there is one area that gives both managers and employees difficulty it is the need to give and accept effective feedback. While giving feedback is not about dishing out criticism, this, however, often proves to be the case when managers find themselves under pressure.

Delegation
As you step into a leadership role, your job is to get things done through others. But what if they don’t do it correctly? Or they may not get it done on time and now you are still responsible when they mess up. Yes… just like the coach of a sports team, you are putting your future in the hands of others. It can get pretty scary. Sometimes it might seem easier just to do it yourself. And, that’s the trap. It might be safer to do it yourself, but like the sports coach you cannot get it all done by yourself. Delegation (or coaching) is the only answer.
Its Not What You Say - It's The Way That You Say It
Sometimes in business there are constructive ways you can develop your people and ways of saying things that will only contribute to their decline. How will you do it?

Other inexperience Related Articles

Plan for Business Success - 6 Reasons to Succession Plan
There are many valuable reasons to plan for the future - not least because it reduces the inexperience when people leave the business or organisation - yet there are other reasons too..
Branding USPs etc Its a Bit More Complicated Than You Think
When you mention branding the really inexperience entrepreneur tends to think of their logo, whilst the business person who has read up a little thinks of their USP (unique selling proposition). The overall thinking tends to be that you slap your logo on everything, mention your USP a few times and you have branded your company! If only it was that simple.
Do Cheap Bookkeepers Save Money?
As with any service today, there's always potential clients surfing the internet to find the cheapest bookkeeper. The short answer is that the cheapest bookkeeper is probably one who is straight out of college and has got a piece of paper to say that they can do bookkeeping. The cheapest bookkeeper may have recently completed a MYOB, Quickbooks or other accounting software course. But are they ready to start their own bookkeeping business, and more importantly would you feel comfortable exposing all your financial to their level of inexperience?
My worst spends
On an almost daily basis, entrepreneurs are faced with the challenge of deciding what to spend on and what not to spend one. Due to our naivete or inexperience, a lot of fly-by-night operators are ready to take advantage. This article explores some sordid experiences I had, and why I would probably never spend on these things again
Pros and Cons of Owning a Franchise Business
How exciting it is to decide to start a business of your own. You are going to be your own boss. You are going to make lots of money. You have decided to buy a franchise; after all they have all the systems in place and must have worked out all the bugs. What you lack in inexperience of running your own business, they have figured out. They will train you, help set up the business and even train your staff. Everything is going to be fantastic or is it?
How to Effectively Manage Resume Dilemmas?
Frequent movement from one job to another was not in practice sometimes back on account of the recent global slowdown, however, time is changing fast and we might see some really good opportunities coming our way. If you are looking forward to a career change, there could be a possibility that you would like to revisit your resume and want to rectify mistakes committed in the past. It could in the form of frequent job movements, gaps in resume or inexperience in certain fields.
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