What’s the difference between a corporate executive and a great entrepreneur? According to a study that was done by Carnegie Mellon thesis students, entrepreneurs don't start out with concrete goals. Instead, they constantly assess how to use their personal strengths and whatever resources they have at hand to develop goals on the fly, while creatively reacting to contingencies. By contrast, corporate executives set a goal and diligently seek the best ways to achieve it. Which one are you?
According to the Harvard Business Review, the following traits are necessary DNA to the making a great entrepreneur. Obviously, you need to have some kind of smarts or intelligence and guts. Luck doesn’t hurt either. But as you embark on your journey, remember what some of the great entrepreneurial leaders of our time had when they created their businesses.
1. Vision. See the forest through the trees.
2. Passion. Do what you love.
3. ...
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According to Business Week, the U.S. House passed two measures aimed at removing barriers to investments in closely held firms. “What we’re doing is giving investors the power, the opportunity and relieving this restriction that prevents them from having an equity stake in their favorite business, their favorite idea, their local coffee shop, their favorite band or even the next Facebook,” Patrick McHenry, a North Carolina Republican and the sponsor of the measure, said on the House floor before the vote. This is great news for the main street business or small to mid size business that needs investment dollars. Small business is the way to get America working again.
In a recent Gallup poll, 79 percent of America felt that small businesses owners were the most trusted people who have the ideas for creating and stimulating jobs.
When looking for that Business don’t forget to check with
LISITEN ASSOCIATES BUSINESS BROKERS
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While the naysayers occupy Wall Street, others are starting their own businesses. Mahatma Gandhi said, “Be Change You Want To See In The World.” America was built by the small business owner and despite the way Wall Street has behaved, it doesn’t mean that we can’t as a nation, develop and grow small businesses and create jobs. Everyday at LISITEN ASSOCIATES we see another former Wall Street executive leaving downtown to join a family business or buying an existing small business.
According to a Citibank small business survey, 66 percent of the small business owners responded that they feel that the economic recovery is dependent on the small business owner/entrepreneur. 9 percent of the people laid off from Wall Street are now starting their own business and so can you!
LISITEN ASSOCIATES represents sellers of almost any kind of Businesses imaginable. INVEST IN YOURSELF!
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