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Key Variables for Your 2010 Success Formula
Heading into the New Year, I’m constantly thinking whether a success formula exists, and if so, are there any key variables that form that equation. My friend gave a wonderful gift for Christmas, which is a book called Three Feet from Gold by Sharon Lechter and Greg Reid. A century ago, Napoleon Hill began his research for his bestseller Think and Grow Rich, which contained principles of self-motivation, leadership, service and achievement. He derived these principles through countless interviews with successful people during his day. Three Feet from Gold is a story about a young entrepreneur who faced adversity when his life seemed to fall apart. However, he rose to the occasion by following the principles taught by Napoleon Hill and ended up becoming very successful.

Made in Missouri: James Cash Penney is Born
“I would never have amounted to anything were it not for adversity,” J.C. Penney once said. “I was forced to come up the hard way.” From being born on a poor farm in Missouri to creating a company that today brings in sales in excess of $19 billion, Penney indeed managed to overcome the odds. Today, the J.C. Penney Company has become an international success for its sales of clothing, jewelry, shoes, accessories, and home furnishings. However, that was the result of a long and uphill struggle for the young entrepreneur.

Andrew Carnegie and the Rise of Big Business
Perhaps more than any other entrepreneur, the one that has come to most symbolize the process of industrialization and the rise of big business in America is none other than Andrew Carnegie. Born in Scotland when the United Kingdom was in the early phase of its own industrialization, Andrew Carnegie came to the United States at a time that would prove to be rife with opportunity for the ambitious young entrepreneur.

Ray Kroc Biography
The biography of Ray Kroc is a story of firsts. He was one of the first fifteen year olds to serve as an ambulance driver with the Red Cross during the First World War after lying about his age. He was the first to see the nationwide potential of a small family business operating out of California. And, he was the first man to apply the principles of mass production to the service industry.

Steam is coming out my ears, and it will be coming out of yours too!
I just began to read another book just sent to me by a young man by the name of Corey Kossack.

Tip of the week - It's never too early to start connecting
In the latest tip of the week, I shared some passages from young entrepreneur and connector (and Never Eat Alone fan) Ben Casnocha's new book

Lesson #4: “Don’t make yourself so niche that somebody can just come along and cut off your legs.”
Something happened to Ilhan in his early business days that would forever leave its mark with the young entrepreneur; his first $100,000 cheque had gotten stolen, and the experience left Ilhan more than just bitter.

When Is It Rational To Be Irrational
The expression “irrational exuberance” has taken on a new significance in recent days. It was used in a 1996 lecture by the then Chairman of the Federal Reserve, Alan Greenspan, and was widely interpreted as a diplomatic hint that he considered the markets overvalued.

Yes, It Does Involve a "Secret" Victoria…
People don't know what you want until you tell them--and asking for what you want results in landing exactly the kind of client you are hoping to reach.

Building Sales Creatively
When you don't feel like you "Have to" make the sale, the sales process is much more enjoyable. When you are confident and relaxed you can be more creative, which makes the sales process more enjoyable for your customer, which makes it easier for them to buy and not be sold.

Franchising Continues To be a Safe Way to Go in Troubled Economy
There are various areas where franchising scores over stand-alone businesses. First is that there’s a system to follow and that makes getting loans easy for the new players in this field. What’s more, the support system of the franchisor ensures that the person who is starting a franchise doesn’t have to face any problem while running the business alone.

Getting Ready for the Transition from an Employee to a Business Owner
Most people nearing retirement age begin to think about what they can do next. Even though you may want to start a small home based business, but you could be stuck wondering if you are too old for entrepreneurship after retirement. You may even think that over 60 is an age that is too old for getting into entrepreneurship.

Other young entrepreneur Related Articles

Andrew Carnegie and the Rise of Big Business
Perhaps more than any other entrepreneur, the one that has come to most symbolize the process of industrialization and the rise of big business in America is none other than Andrew Carnegie. Born in Scotland when the United Kingdom was in the early phase of its own industrialization, Andrew Carnegie came to the United States at a time that would prove to be rife with opportunity for the ambitious young entrepreneur.

Tip of the week - It's never too early to start connecting
In the latest tip of the week, I shared some passages from young entrepreneur and connector (and Never Eat Alone fan) Ben Casnocha's new book

Judy Wawira
An aspiring young entrepreneur from Kenya talks about her businesses and what she sees in store for the future.

How My Company Got Started
Entrepreneur Paul Young talks about what led him to create his company, Craft Village, what it takes to succeed, and his advice for others.

Young entrepreneurs – do you have what it takes?
The fact that the SME sector is a tough industry to break into does not seem to deter the average young entrepreneur. But are big ideas, determination, passion and the will to succeed enough to be a truly successful entrepreneur or could your age and a lack of higher education be your downfall.

Magic Black Pearls
If a picture is worth a thousand words, a good story may be worth a million. Recently, I read about a young man from a fabulously wealthy family. He was traveling on his yacht which was temporarily docked at a luxurious resort on a tropical island. Next to the young man's yacht was an even larger yacht, owned by a successful, retired entrepreneur who had just sold his business interest and was enjoying his retirement years.

October 2011 Top 50 Young Entrepreneur Experts to Follow on Twitter
This is a list of the top 50 recommended young entrepreneur experts to follow on Twitter for October 2011.

November 2011 Top 50 Young Entrepreneur Experts to Follow on Twitter
This is a list of the top 50 recommended young entrepreneur experts to follow on Twitter for November 2011.

December 2011 Top 50 Young Entrepreneur Experts to Follow on Twitter
This is a list of the top 50 recommended young entrepreneur experts to follow on Twitter for December 2011.

January 2012 Top 100 Young Entrepreneur Experts to Follow on Twitter
This is a list of the top 100 recommended young entrepreneur experts to follow on Twitter for January 2012.

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