Category : Entrepreneurship

Best Post Entrepreneurship IMPORTANT

6 Online Resources to Make your Life Easier as an Entrepreneur

In today’s entrepreneurial landscape, the entrepreneurs that will succeed are those that can find a way to do complex task in a simple, cost effective and time saving manner. With the introduction of new technology and with the advent of the dot com era, it has never been easier to start a business. For aspiring entrepreneurs and for entrepreneurs having problems with their business, here are some effective online tools that will make your life much easier. This will also make the entrepreneurial journey much more fun.
1. Freelancer.com
Freelancer.com is the world’s largest crowdsourcing and freelance marketplace that connects more than 10.7 million talented professionals from around the world. With thousands of jobs being posted and worked on every day, Freelancer remains the place where the world gets work done. If you need to get something done in your business and you do not have the finances to hire a new team member, then Freelancer is a great option to get someone to do the job and in a very inexpensive way.
2. Micromentor.org
Micromentor is a free business mentor service for entrepreneurs and a rewarding volunteer opportunity for business professionals. Their mission is to help small businesses grow faster, generate more revenue, and employ more people. They make it easy to find a mentor, be a mentor, and build a business. If you need someone to help you with your business, how about getting an experience and successful person to mentor you for free.
3. Lynda.com
Many entrepreneurs may not have had the chance to go to a business school. But with Lynda.com, you can learn anything with easy-to-follow video tutorials help you learn software, business, creative skills and more. If you are lacking a skill to take your business to the next level, Lynda.com is a good source for learning that skill.
4. Kickstarter.com
Kickstarter is a crowd funding platform that help persons bring creative projects to life. It’s a good option for raising money for a project you may want to undertake in your business, or if you want to start something meaningful.
5. Paypal.com
PayPal is an international e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders.
6. There are other resources such as social media sites (Facebook, Google+, Twitter Pintrest etc), Fiverr.com, Alison.com and others, what are your favorites?
Taken from http://www.huffingtonpost.com/nelson-kimron-corion/6-online-resources-to-mak_b_5115574.html?ncid=txtlnkusaolp00000592
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Entrepreneurship IMPORTANT

5 Business ideas Grenadians can start with very little start-up money

I have been thinking and this is what i came up with, these are five businesses that can start with very little money
1-    Consultant– Do you have expertise in something that you can use to help others. Then you could consider becoming a consultant.  However, you will definitely need to have expertise in something. This doesn’t mean having a degree. If you have been working in the marketing field for a number of years, then you can become a marketing consultant, helping businesses develop and launch their marketing campaigns.
2-    Bookkeeper– many small businesses in Grenada do not keep proper records, especially financial records. Many of these small businesses later go on to financial institutions to seek loans and other financial services. The financial institutions will then ask for their records which most of them normally don’t have. There is a great opportunity for someone involve in accounting, to approach these small businesses and offer to keep their books for them, and convert this into a legitimate business.
3-    Day Care– If you love children and love taking care of children as you would take care of your own, then this is a great opportunity for you. Lately many parents are becoming busier and need somewhere to put their babies and younger kids. Becoming a baby sitter or having a day care can be an opportunity to be exploited.
4-    Gift Basket Service– I believe this is a great opportunity. I am always looking for a gift for family, friends and loved ones and it always seems so difficult to find it. If someone can develop a business putting together gift baskets, then this will make a lot of person’s lives much easier.
5-    Social Media Consultant– Social Media has no doubt presented businesses with a unique marketing opportunity. However some of the generation x business owners may not be as savvy as generation Y. So if social media comes naturally to you, you may just have an opportunity to become a social media consultant.  If you can help existing businesses integrate social media into their other marketing campaigns, you should have no trouble making a go of it.

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Entrepreneurship IMPORTANT

CEBO- A Move in the Right Direction for Grenada

The CARICOM Secretariat in collaboration with the Ministry of Youth, Sports, and Religious Affairs, has organized a partnership for the programme which is receiving support of the U.S. Agency for International Development (USAID) and the Government of Spain. The programme seeks to give technical support to Member States to strengthen youth entrepreneurship by introducing the CEBO Programme” (Now Grenada, 2014).
CEBO- Creativity for Employment and Business Opportunities
This is something I could definitely support. For too long I have been advocating for entrepreneurship as an avenue for Employment and Wealth Creation. The participants of this meeting which included,
1.      Non-government organisations with an interest in youth entrepreneurship including National Youth Business Trusts
2.      Small and medium enterprise development organisations
3.      Small business associations
4.      Chambers of Commerce
5.      Banks and other financial institutions
are the players needed to help develop an entrepreneurial policy in Grenada thus leading to a culture of entrepreneurship. Far too long we have relied on traditional measures to help generate employment only to find that these measures are temporary fixes to what seems like permanent flaws.
There have been many programmes in the past that included training of young people to try to get them involved in business and entrepreneurship. However, it is high time we realize that teaching young people skills for starting and running a business is not enough to get them interested in entrepreneurship. There must be a burning desire to do something, to make a difference. They need to be resilient, focused, goal oriented, determined, in addition must have good interpersonal and persuasive skills, and be willing to think outside the box, or maybe think inside a new box if needs be. 
Entrepreneurship is not for everybody, and like Jeff Bezos said, “One of the huge mistakes people make is that they try to force an interest on themselves. You don’t choose your passions; your passions choose you” (Bezos, 2014).
I believe that this can be the flagship programme to help create that culture of entrepreneurship in Grenada and the rest of the Caribbean region, but please don’t only focus on creating business plans and developing business ideas and learning about ROI and other skills for starting and operating a business. One must also focus on passion and determination and some of the other soft skills that are important for entrepreneurial success, some of these can’t really be taught,  however,  with the right guidance once it’s within an individual it will come out…Hats off for this programme and Cheers to its success.

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Myths About starting a Business

There are certain Myth about starting a business that we must try to avoid as stated by Tim Berry is his book Hurdle: The book on Business Planning

1- The myth of ” being your own boss” You are not your own boss when it comes to starting a business, or when you own a business, your customers are your bosses, your bank is your boss, your fixed cost is your boss.

2- The Myth of being “Independent“, owning a business dont make you independent- Not needing money makes you independent, as long as you need money you are not independent.

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