Superior quality is a prerequisite to entering the game. By definition, an entrepreneur is undercapitalized relative to the status quo. Therefore, if you enter a product that is either at parity with the leaders, or not as good, you won't even get to the starting line.
The entrepreneur must be the best salesperson and marketer in his business.
Our Government is fostering economic growth in Kitchener, Cambridge and all of the Waterloo Region by investing in our innovative businesses. Today's announcement is a great example of how we are helping high-potential companies bring great ideas to market faster. Helping our entrepreneurs and original thinkers export their products and services to the rest of the world creates jobs, growth and economic prosperity here at home.
This is what I want for entrepreneurs, especially for women: to believe in themselves, to dream bigger, reach higher, and to achieve success beyond their wildest expectations.
Economic growth creates jobs, and countries grow when they educate their people and pursue policies that encourage households to save, existing businesses to invest, and entrepreneurs to innovate and create new markets.
Google the phrase "the most hated man in America." And this guy is one of the first people to pop up. Martin Shkreli, aka Pharma Bro, a 32-year-old drug company entrepreneur and former hedge fund manager who has a lot of money and loves to talk about how he spends it.
The franchise model is great, because most people who are entrepreneurial want flexibility and time to do what they love. A lot home business entrepreneurs struggle because they have to do everything.
f the government is going to put money into the automobile sector, it should break up GM and Chrysler as a condition of financial aid, and it should be even-handed in its treatment of start-up firms like Tesla, Miles, Fisker, and others. It would be terrible to kill the entrepreneurs who have taken great risks to bring new automotive technologies to market by pumping tax dollars into the behemoths that have done everything wrong for the last years.
It's not easy for an entrepreneur to find the time to blog. But for those who do it, it is a great tool to communicate with the various stakeholders in their business and build a reputation for thought leadership.
Everywhere I go, I always look for creative entrepreneurs, whether it's artisans and craftsmen, small farmers and gardeners, or restaurateurs who use fresh, locally sourced ingredients. I admire the courage and self-reliance it takes to start your own business and make it succeed.
The payouts for starting a business are just terrible when you account for risk. A tiny minority of entrepreneurs ever get rich. And the majority of entrepreneurs would probably make far more money, and have more stable personal relationships, if they just worked for someone else.
We think of prices as simply the notation of how much we must pay for things. But the price system accomplishes far more than that. Hundreds of millions of people buying and selling, and abstaining from buying and selling, generate a system of signals - prices to producers and consumers about relative scarcities and demand. Through this system, consumers can convey to producers their subjective priorities and entrepreneurs can invest accordingly.
Entrepreneurs are always taking feedback, especially from their customers, bankers, workers, and sales force. Without straightforward feedback, entrepreneurs cannot make sound decisions.
There is a clear connection between developing the skills and talents of young people, and our economic success as a province. Initiatives like the Make Your Pitch competition and the Ontario Social Impact Voucher help us nurture the next generation of business leaders. We will continue creating an inviting environment for our next generation of entrepreneurs, ensuring they develop the right skills needed to succeed in a globally competitive economy and build the future of Ontario.
An entrepreneur in debt is an entrepreneur in business.
The word entrepreneur is associated with success and adventure. From my life, the only thing I can tell you that's consistently associated with entrepreneurship is failure, and the only thing consistently associated with invention is frustration. There is a long road between the idea and the reality.
I think what people love about the Steve Jobs story is not just the track record at Apple, but that comeback story, that he was thrown out of Apple, came back and built the company even greater. And that perseverance is so important in terms of entrepreneurship. And nobody is a better role model for that, for all entrepreneurs all over the world than Steve Jobs.
A lot of entrepreneurs let ego get in the way. You've got to be the conductor. You can't play all the instruments yourself. You have to get others to work together.
Failure is important because the first time you win (or lose), it could be luck, it could be timing, or it could be talent. It's only after you fail once or twice and learn to rely equally on thought, analysis, and anticipation-in addition to speed, talent, and execution-that you can really call yourself an entrepreneur ... In the long run, it's mind over muscle, strategy over strength, and a healthy perspective-not just a lot of perspiration-that make someone a real success in his or her business and in the equally important rest of his or her life.
AT&T invented the cellular telephone, but saw no future in it. It takes entrepreneurs, who are angels of destruction, to take advantage of things which the inventor cannot or does not see.
I made the decision (that), if I was gonna do this, I was gonna do it 100% because before in my life I had been an entrepreneur. It was weird. I would wake up in the morning (saying) "You know what? I'm gonna do this." (I'd) set out (and) in three months (I'd) have a new business on its way. I didn't stop and think about the repercussions of anything. I just did it. I moved forward in doing it to succeed.
I had so many other things I could fall back on as an entrepreneur (with multiple businesses). When I finally was true to myself and what I wanted to do - and acting was it - there was nothing else I could think of. I thought "If I fail, I'm falling hard (because) I don't have anything else to fall back on. Am I going to accept that?"...I never looked back. I never (let myself) put it in my mind to fail.
What had been the focus of my entire adult life was gone, and it was devastating. I didn't really know what to do for a few months. I felt that I had let the previous generation of entrepreneurs down. I was a very public failure.
Without question, the notion of the doctor as a legitimate fee-for-service entrepreneur, making his fortune from misfortunes of his patients, is old-fashioned, distasteful, and doomed.
What is entrepreneurship, after all? Bigness is not the issue. Poor people are the ones who take challenges every day. The guy who sells a hot dog on the street is as much an entrepreneur as anyone else. Getting his $50 loan to start could be as difficult as finding $50 million for someone else. All people are entrepreneurs.
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