Business Requirements

Friday, February 6, 2009

How To Define An Entrepreneur

When you encounter a new word, what do you usually do?Do you ignore it or do you try to look up its definition in the dictionary?For smart individuals, they will surely look up for the new word's meaning.If you're engaged in business undertakings, perhaps you want to define entrepreneur.Are you an entrepreneur?

There is a specific definition of entrepreneur.According to most dictionaries, an entrepreneur is a businessperson who finances or initiates emerging commercial enterprises.Basically, he or she is the person who provides for the capital of the business.However, providing capital alone is not enough to be called an entrepreneur.How is that?

It's because some individuals prefer to invest in a certain business venture but that person will let someone else handle all the business activities.

Any person who finances a business venture and runs it can be called an entrepreneur.According to some economists, an entrepreneur is someone who develops a fresh and new product, a new way of producing something, or an innovative market.Usually, entrepreneurs start with a small business and if it proves to be successful, the business will slowly expand.

So why put up small businesses?You see, small businesses require smaller amount of capital while larger ones demand huge capital.Not many entrepreneurs nowadays are willing to take the risk of putting up big businesses without proper research and studies.

Some say that being an entrepreneur starts right after a child is born.The qualities are already possessed by the child from the moment of birth.The individual is already a thinker and schemer of things.These individuals will want to reach the impossible.So if you're a born entrepreneur, you must develop your skills and qualities so that you can use it in the near future for your success.

Putting up a new enterprise may sound very hard but for the entrepreneur, nothing is impossible to achieve.Innovation, creativity, leadership, being a risk-taker, and having the right inner drive or passion are some of the keys to being a successful entrepreneur.If you possess these things, nothing can stop you from being one of the biggest names in the marketplace.

There are thousands of opportunities that you can find from emerging communications, culture, and science and technology.All you need to do is identify these business opportunities and turn them into a real business enterprise.However, choosing a good business opportunity requires careful study and market research.Even if entrepreneurs are known to be risk-takers, they still have to make sure that they are entering a good business.

If you want to know more about the definitions of an entrepreneur, you can easily search for the meaning of the word in popular search engines like Google and Yahoo.By using the power of the internet, you can find a lot of definitions for you to understand the word much better.There are many resources to find online; all it takes is diligent research.

Being an entrepreneur is an exciting and challenging task.If you have the guts, the capital, the right inner passion, appropriate qualities, and skills, don't hesitate to introduce something new to the market.

Besides, most customers like new stuff.So what are you waiting for?Study the market and see if you can enter it and become a new entrepreneur.


About the Author

How To Define An Entrepreneur

City Planets,

One Planets,

Shopping Planetsand

Business Planets






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Thursday, February 5, 2009

Are You Interested In Business Getaways?

Meetings, Incentives, Conferences, and Exhibitions is transforming the foreign tourism market.MICE is the up and coming business service that caters to the needs of business moguls as well as the everyday business man.MICE is offered exclusively overseas in business empires such as Thailand, India, and Hong Kong.However, with what MICE has to offer tourism, it is safe to say MICE is well on it's way to changing the way the United States as well as other countries do business!

MICE is taking the hotel industry to a whole new level.Hotels now have the option of meeting the needs of both sides of the tourism spectrum.They no longer have to choose between constructing their hotel to be the ultimate vacation spot for those guests seeking luxury and relaxation as opposed to a functional space for those guests seeking large rooms for business meetings.Meetings, Incentives, Exhibitions and Conferences offers hotels the option of having the best of both worlds.

Hotels will continue to accommodate tourists who are planning the ultimate vacation and searching for a hotel where they can relax in a luxurious environment while also enjoying a culture rich location where beauty surrounds them.

Guests are provided impeccable hospitality and services such as luxurious spas, numerous pools for sunbathing and sport, and most importantly the personalized attention from hotel staff that remains true to the hotel's impeccable reputation.But now, with the help of MICE, hotels can also appeal to the everyday business man by offering large, extravagant conference rooms and will possess the resources to hold exhibitions in newly added on-site expo buildings.

MICE is making this possible by designing environments that can meet the needs of both guests without compromising the quality of their stay.Meetings, Incentives, Conferences, and Exhibitions knows the business man of today who is looking for a venue to host his next business meeting or exhibition to introduce his newest product to the business world.MICE is devoted to his success and is creating a venue that is up to date with the most advanced technology and also located at a luxurious hotel.

MICE is dedicated to meeting the needs of each and every guest, business and vacation alike.Meetings, Incentives, Conferences, and Exhibitions is broken down into four components designed to transform the tourism market as well as the business world.MICE is a meeting hall that is modeled to give the business man exactly what he needs to succeed.MICE is an incentives program that motivates hotel employees and staff to uphold the reputation of a luxurious hotel, during and after the integration of the business transformation.MICE is a remarkable conference hall to accommodate over 500 guests that is so extravagant it can also be used as a ballroom for even the most formal events.

Last but not least, MICE is an expo building, on-site at the hotel, that will hold exhibitions for young inventors, old inventors, and an stand as an everyday reminder of the advancing technological world that we live in.MICE is more than a way to increase hotel productivity and tourism.MICE is a way to give all business men the tools they need to take their companies global.You, as the business man of today possess the skills and ideas to change the way we live, MICE is simply giving you the tools you need to share them with the world.

PEACH is also available as well as NICE but they are much different than the very well-known MICE.You can check these options out as well if you are planning a business trip.If I had to compare MICE versus PEACH and PEACH versus NICE I would have to say that PEACH is more comparable to MICE and has sort of the same options but on a different scale.

Peach also known as Pattaya Exhibition And Convention Hall (PEACH) is a world-class multipurpose exhibition and meeting facility of the award-winning Royal Cliff Beach Resort offering complete versatility and flexibility.PEACH has 6-levels and is located along the slopes of the cliff between Jomtien and Pattaya in a stand-alone complex occupying 10 acres.The convention and exhibition hall accommodates up to 8,000 persons theatre-style or 3,640 for banquets.

The N.I.C.E Convention and Visitors Bureau website contains all the useful information for the organization of your holidays, vacation, stay, leisure activities, meetings and conferences in Nice.
Information and services available to the general public are completed by a special section
for tourism professionals.


About the Author

This author is a HUGE fan of Meetings, Incentives, Conferences, Exhibitions


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Wednesday, February 4, 2009

Top Ten Reasons Why You Should Buy Multifamily Properties

When you sit down and examine the advantage of owning multifamily properties, you will be amazed at the multitude of benefits.While other avenues of income generation offer some attractive incentives, owning multifamily properties brings many great things to the table.Let us explore these advantages:


1.

You can outsource your property management to professionals.You don't have to be bothered by tenants and toilets.Even if you have smaller properties, you can hire property managers.Leave the headaches to them and go on vacation!The property doesn't own you; you own the property.

2.You can buy with NONE of your own cash.You can raise private money to cover any cash requirements.You will find that it's easier to get financing on apartments and that the MORE you borrow the LESS they look at the borrower's credit.In some instances, they don't even look at the borrower's credit but at the borrower's assets instead.

3.Apartments are made to cash flow even with nothing down.This means that instead of there being one house with one roof generating only one source of income, you have one roof with possibly multiple apartments under it creating multiple income streams.You have economy to scale.Apartments are designed to be income-producing properties.

4.Better leverage of your time and effort.Think about it.What would you rather do?Look for ten houses or a ten-unit apartment building?On the flip side, wouldn't you rather sell a ten-unit apartment than sell ten houses?Of course!You have more leverage of your time.

5.The value of income properties is based on income.This is a function of Net Operating Income (NOI) and you can create value by raising the rents and cutting the expenses.This is a very predictable process.You can determine how much the property is worth based on how much you raise the rents.

6.Less competition.There are less people out doing multifamily deals than single family deals because they lack mindset and they lack specialized knowledge.They have limited themselves by the mindset that says they must graduate from single-family homes to multifamily properties.

7.There is less risk.With multiple tenants you have multiple revenue streams.If you lose one client, it's not the end of your business.On the other hand, if you are relying on a house as your sole source of income and you lose that tenant, you are still pouring money into that house.There is mitigated risk through apartments.

8.Non-recourse financing.The more money you borrow, the easier it is to borrow.When you get to loans of two million dollars and above, it becomes non-recourse financing which means the asset is the sole security for the loan.No one is personally guaranteeing the loan.

9.Condo conversion.This has been very big in some parts of the country such as Denver and Tampa.As an example, you would take a fiveplex, convert it into condos, and then sell the individual units.It is a different strategy because you're putting all your cash forward and then pulling out.It's not a long-term hold strategy.

10.The sub prime lender bust.With sub prime mortgage lenders falling out of the market, there are people cannot qualify for home loans.These people have to live somewhere so the demand for rentals is skyrocketing.

As you can see, the advantages to owning multifamily properties are solid and sound.With so many venues to consider when trying to find something to generate passive income for yourself, you just can't overlook the tremendous value created by multifamily properties.


About the Author

Lance Edwards is living proof of his mantra that you don't have to "graduate" from single family to multifamily - you can start with multifamily; using none of your own money and not dealing with tenants and toilets.

For FREE information, visit http://www.ApartmentWealthMachine.com.

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Tuesday, February 3, 2009

Ready to Make Extra Money Fast

It is so easy to make extra money fast especially if you have a computer and Internet connection at home.This is so because the Internet has become an effective and most convenient place to conduct business - not time-consuming, less effort, and less pressure.That is why many have switched to becoming a part-time home-based businessman or employee.

There are so many ways how you can make extra money fast through the web.Here are just some of the most hit tactics the money-makers are so crazy about:


Freelance jobs.

You might have encountered the words a few times but have not really known how it works online.For your information, there are one-stop shop sites offering writing, editing, and web design services to buyers who prefer to conduct business online or do not have plenty of time to work on their projects.This provides a great opportunity for stay-home moms or dads, or students with writing talents.Most of these sites hire freelancers through exams that aren't really that hard.Once you are signed up, writers get free access to available projects posted by buyers.Usually, buyers offer a fixed rate or hourly rate.The writers' earnings depend on how time she spends working on a certain project.Only be wise in recognizing legitimate freelance sites.Before taking jobs, it is advisable to conduct a research on the sites to avoid disappointment.

Online Selling.The E-bay is a great place for people who have some things to sell.If you are the salesperson type, this job will be no-sweat for you.Your items for sale can come from your own home or from the neighbors' house (with their permission of course).To increase your earning potential, you can ask your friends who have businesses or shops with goods to sell.This is a good way to make extra money fast but better if you can put up your own web site where not only you can sell stuff but also can attract advertisers to place ads on your page while you get your share.

Blogging, article writing.Blogging was first invented just for young adults to have pastime.This used to be just a hobby until it became a money-making opportunity.Blogging earns through the advertisements placed on the page.For most, the trick is subject focus.By having fixed topics, you can get your target ads and visitors.On the other hand, article writing is the offspring of blogging.There are now sites that let you make money fast by submitting articles to be placed in different web pages with advertisements related to your topic.Your earning depends on how many people read your article or clicked on the ads posted on the page.The trick here is to promote the article by emailing personally to announce the publication of the article or by posting the url to social networking sites.

Reselling e-books.Nowadays, e-books are popular because it is more handy than hardbound, can be obtained easily, and can be resold on the net.The good thing about reselling e-books is that you get your share of the sales as big as how many people bought it.

Now is your chance to make extra money fast since the web is fast becoming one of the major avenue for any transaction.


About the Author

Want to make $128 per day with make extra money fast techniques?

The free report at http://www.InstantWealthMachine.com will tell you the exact method smart marketers are using to pull $100, $300, $500 or more from sub-niche markets.

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Monday, February 2, 2009

Fill in Conceptual Gaps to Allow Others to See the Positive Business Possibilities

One thorn of experience is worth a whole wilderness of warning.

--James Russell Lowell


How can you create mental bridges into accelerated success for your colleagues and customers?

In today's uncertain environment, many people are clutching at straws or seeking answers like the blind trying to imagine an elephant solely by touching one spot on the elephant.You need to help them get past that if they are to be effective.

Here is an example of how I worked on that problem with my colleague, Carol Coles, to learn from how others adapted to past uncertainties to gain more success.

From the author tour for our first book, I learned that finding more ways to help people realize that they already knew about better solutions was going to be critical to the 400 Year Project.By writing another book that outlined more examples of stalls, stallbusting, and creating exponential solutions, I hoped to trigger more awareness of previously observed near-perfect human performances that could be emulated in new solutions.

What should the book's topic be?I had been struck during my first projects as a consultant by the way that clients were so very impressed when a strategic solution would take advantage of positive trends.Subsequently, I noticed how hard most people tried to get in step with whatever the latest trends were, unless poverty or infirmity made such adjustments impossible.

One source of that preference for aligning with trends was the increasing sense that leaders had less and less influence over their results.It's hard enough to keep balls in the air as you juggle them.Add strong winds, a powerful earthquake, and loud noise while standing on a tightrope, and juggling becomes much harder.

The traditional response to stronger external influences had been to expect more of leaders: They needed to become ever more agile so that they could quickly twitch themselves and their organizations into favorable orientations with whatever shifts affected their business.

The description of a good leader increasingly sounded like that of Superman: "faster than a speeding bullet, more powerful than a locomotive, and able to leap tall buildings in a single bound." I didn't know any leaders who bore even the slightest resemblance to Superman.What could a mere mortal leader do instead?

I began reading broadly on the subject of how leaders can orient organizations to trends.My eye was caught by a book written by Arie de Geus that argued persuasively for using biological metaphors for companies rather than inanimate ones.

My thinking was further sparked by something he said during a talk about his book at a forum of strategic thinkers: When people have no experience in an area, they draw a blank when they try to think about what to do.Fill in that blank with useful experience, and they will make rapid progress.

Arie noted that working on simulated problems based on scenarios describing a challenging situation was very good for providing relevant experience.This observation was based on Arie's work at Shell.He had been involved with the famous scenario-based planning in which Shell executives had considered what they might do about an Arab oil embargo before the real thing occurred in the 1970s.Reports suggested that this scenario thinking had helped Shell to adjust more rapidly and effectively than many of its competitors.

Arie kindly agreed to spend a day with Carol and me at his club in London where we grilled him about the management implications of biological metaphors and developing advance experience through scenarios.He informed us that scenario thinking had an unexpected benefit that everyone should pursue: Think about enough scenarios and you begin to see strategies and tactics that will leave you better off regardless of what comes next.

We had previously been focused on finding opportunities that provide upside potential while having little, if any, downside risk.Our most successful clients instinctively looked at opportunities that way.In addition, we had fine-tuned our financial strategy services by helping clients to find actions that had little downside risk, regardless of what came next in the financial markets.

In our first book, we argued in favor of using simulations to make people more effective in dealing with surprise situations.But scenario planning (although it was an area in which we had been active) was not addressed in that book.Carol and I became intrigued with the opportunity to focus our new book on more ways to create mental bridges that allow people to effectively deal with issues outside of their direct control.


About the Author

Donald Mitchell is an author of seven books including Adventures of an Optimist, The 2,000 Percent Squared Solution, The 2,000 Percent Solution, The 2,000 Percent Solution Workbook, The Irresistible Growth Enterprise, and The Ultimate Competitive Advantage.

Read about creating breakthroughs through and receive tips by e-mail through registering for free at


http://www.

fastforward400.com


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