|
|
Like this article? PLEASE +1 it! |  |
|
Planning and Passion – Keys to a Successful Business
| Guest post by: James Dicks |
Article Overview: James Dicks examines what it takes to create your own business in today's economic environment.
 |
Free Download - The New Economy – Weak and Getting Weaker By James Dicks |
Planning and Passion – Keys to a Successful Business
In today’s volatile business and economic environment, there
are tens of thousands of people who have decided (for a variety of reasons) to
leave the corporate world and enter a more entrepreneurial situation. There is no one sure method of
guaranteeing a profitable business, but if you lack the passion and the ability
to put together a structured business plan, your odds of creating an enterprise
that even has a slight chance of survival is extremely slim.
There are many key forces that can help you design and build
a business that is not only profitable but will also offer your specific
customer base something it can use or want. Consider your personal interests before deciding on the eventual
product. For me, it was trading
and teaching people the intricacies of trading various financial markets,
specifically the Foreign Exchange.
It was something that interested me considerably and it allowed me to
develop a business that people from around the world could use to increase
their quality of life by becoming successful traders.
Planning will encompass a lot of things. Creating a business plan that maps out
your company’s structure, financial assets and liabilities, the values and
standards that your company will embrace, as well as your vision for the
future. This is by no means a
comprehensive list of what to include in a business plan. Study the methods of putting a
successful plan together; perhaps find others who have already done so and
personalize their methods by creating an exclusive corporate direction that would
work best for you and your company. Business owners who can plan for short- and long-term events
and goals are also more likely to succeed. Consider how you can make a distinction between your products
and services from those being offered by your competitors. An effective entrepreneur must be proactive,
inquisitive, and totally dedicated to the job at hand; traits that will offer a
better shot for future success.
Having said that, remember it’s your personal interests and
passions that will guide you when deciding what your entrepreneurial venture
will look like. Maybe you’re an
expert at bookkeeping or perhaps you love to cook. As long as you are passionate about your product or service,
you will have a much better chance of success than you would if you were
lukewarm about your business. You
have probably heard it said that if you enjoy what you do, you will never work
another day in your life. If you
enjoy something, you’re more likely to stick to it and put in the hours
necessary to make a real attempt to build a new and successful venture. Make no mistake about it, you will have
your problems and you will experience ups and downs along the way but never
give up. There is nothing more
rewarding than doing something you enjoy, while helping others through your
unique product or service.
Let me finish as I began – planning and passion are the keys
to making sure you get your entrepreneurial efforts off to a positive start. Without those two traits you may as well
not even begin. So, look deeply
into your personal desires, goals, and abilities and start moving forward with
your plan. Small business runs the
economic engine of this country; your planning and passion has never been
needed more than it is today. I
wish you all the best at your future success.
Start With Passion!
LEADER REDEFINE SUCCESS.
Just How Important is Preparation to Sales?
Business and Entrepreneurship Passion not required
The Keys to Business Success
What is Passion
Successful Entrepreneurs - 3 Must Have Characteristics
3 Keys to Increased Sales
The Entrepreneurial "Perfect Storm"
Find New Customers releases “7 Keys to B2B Marketing Success” - a new free "cheat sheet"
7 Keys to B2B Social Media Success
Entrepreneurial Secrets
Home Business Expert: Passion: Find A Product You Can Believe In
The Importance of Loving What You Do
It's All About Passion and Purpose
Reminders Put Your Keys in Your Fridge
The Art of Passion
Lesson #1: Don’t Deny Your Passion
LEADERS REDEFINE SUCCESS
End of Year Thoughts From Your Strategic Thinking Business Coach: Looking to Success in 2009 and Beyond
|
About the Author: James Dicks RSS for James's articles - Visit James's website Click here to visit James's website   Find the RIGHT Job Time for a REAL Change Prepare for the Worse but Hope for the Best Markets go upmarkets go down How is it affecting you A Positive Attitude and the Workplace |
Related Forum Posts
Books for Women Entrepreneurs
- There's a thread for good books in the Resources folder, but it doesn't target books for businesswomen particularly, so I figured I'd start such a thread here.
It doesn't matter how successful you are in your business - it's always possible to learn something new.
In subsequent posts I give Table of Contents and brief descriptions for various titles - most of them devoted to the businesswoman - and sometimes a review. If anyone else has read a review, or has read the book and found it useful, please comment!
1. The Old Girl's Network
2. Mother's Work
3. The 7 Greatest Truths About Successful Women
4. Pitch Like A Girl
5. Workplace Warrior
6. Treasure Hunt: Inside the Mind of the Modern Consumer
7. Contingency Planning & Disaster Recovery
8. She Wins, You Win
9. Napoleon On Project Management
10. Why Good Girls Dont' Get Ahead, But Gutsy Girls Do
11. Comeback Moms: How to Leave Work, Raise Children, and Restart your Career even If you Haven't Had a Job in Years
12. The One Minute Millionaire
13. Talking From 9 to 5
14. Soloing: Realizing Your Life's Ambitions
15. 101 Best Home Based Businesses for Women: Everything You Need to Know About Getting Started on the Road To Success
16. Work With Passion: How to Do What You Love for a Living. Revised and Expanded
17. Fail-Proof Your Business: Beat the Odds and be Successful
18. Confidence: How Winning Streaks and Losing Streaks Begin and End
19. Women Don't Ask: Negotiation and the Gender Divide
20. Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen
21. Start Small, Finish Big: Fifteen Key Lessons to Start - and Run - Your Own Successful Business
22. Rewired, Rehired or Retired: A Global Guide for the Experienced Worker
23. The Martha Rules: 10 essentials for achieving success as you start, build or manage a business
24. The Essentials of Entrepreneurship: What it takes to create Successful Enterprises
25. Net Ready: Strategies for Success in the E-conomy
26. The Promotable Woman
27. Leave The Office Earlier: The Productivity Pro shows you how to do more in less time and feel great about it
28. The Work At Home Balancing Act: The professional resource guide for managing yourself, your work, and your family at home
29. Secrets of Six-Figure Women
Re: How do you back up your computer?
- I am a backup-olic.
I use several Disk-On-Keys and I also back up on a DVD.
My entry
- 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read
- this is a fascinating book about the history of Business theory, and I'd recommend it to anybody.
2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto.
3. PADI: The Business of Diving Book
Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Re: What's 1 word to describe what your business will be in 2012
- Successful.
Seek Venture Capital & Funding
- Hello,
Greetings from India.
I am Seeking Venture Capital for Offshore Software Company Start-up. Need advise along with Business Model Sample.
I have a basic outline for an offshore company.
1. Technology - like Microsoft Dot Net, Java, LAMP
2. Talent Team - Found Good Technology Developers.
3. Where I can get the leads/potential customers - Leads have been identified who are willing to move forward offshore projects.
4. I do not have resources like funding. It is a very critical factor to me
Industries: Manufacturing, Real Estate, Retail, Insurance, Distribution & Logistics, Healthcare, Industry Associations and Software Product Development, Agricultural Industries and Etc.
Services: Offshore Software Development Company.
Offices to be located: Hyderabad, Andhra Pradesh, India and USA.
Products/Services/Applications in areas like POS & Billing, Sales & Distribution, Production Planning, Material Management, Inventory Control, Plant Maintenance, Purchasing, Accounting and Logistics. Dynamic Web Programming with Database Driven Content Management Systems, Online Stores for E-Commerce, B2B Solutions, Community Portals, Website Redesign and Development, Custom ERP with Enterprise Wide Functional Modules such as Marketing, CRM, Accounting, Inventory Control, Sales & Distribution, Production Planning, Purchase & Stores, Logistics and Supply Chain.
Seek your further questions and help.
Thank you,
Best Regards, Jayapratap.
Share this article with your friends. Fund someone's dream.
Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
by: 
How To Use Carbon Copy Pro As A Strategic Tool For Your Business
Best Automated Forex Trading Strategy
Build Your List with Joint Venture Giveaway Events
May 2012 Top 100 Social Media Experts to Follow on Twitter
What to measure to be phenomenally successful in business
Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Four Reasons Why Entrepreneurs Should Blog
Tips to Take Control of Credit Card Debt
When Your Smiling
Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.