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Do You Have the Right Stuff to be an Entrepreneur?

  • What does it take to be successful when starting a business? While there's no such thing as the perfect entrepreneur -- even Bill Gates has made mistakes -- a number of personal qualities can help you to build a successful business. If you qualify on most of these traits, you're off and running.

  • You can delegate. No matter how smart and energetic you are, it's a mistake to try to attend to every detail yourself. Unless you're a solo act, you're going to have to trust employees to do their jobs so that you can run the business.

  • You are a teacher. In order to delegate successfully, you will need people with appropriate skills -- and they may have to learn some of those skills from you.
    You are self-motivated. As a small business owner, you won't have a boss to tell you when to get to work. If that's a problem, keep your day job.

  • You can work with numbers. You will spend a fair amount of time keeping track of money -- expenses, revenues, taxes and the like. Math phobia won't help.

  • You don't mind making mistakes. You will make them; the trick is to learn from them and move on. Not everyone finds that easy to do.

  • You like to work. Contrary to myth, you don't need to be a workaholic to start a successful business. Many entrepreneurs find that it makes more sense to establish a reasonable working pace -- one that lets them strike a balance between work and their personal lives. That said; don't start a business unless you enjoy work. There's going to be plenty of it.

  • You don't mind selling. You'll have to sell products and services to customers, of course. You may also need to sell lenders or other financial backers on the prospects of your company. And you'll need to convince potential employees to accept jobs with your firm rather than go to work for the competition.

  • You don't quit easily. You'll encounter obstacles that might stymie some individuals. You'll have more success if you are the type of person who relishes such challenges. A dash of optimism helps; it will help you handle the uncertainty that is part of every venture.

  • Decision Making, Problem Solving, Strategic Planning, Personal Growth - The Delamere Group are promoting this facility where our primary objective is to provide you with tools and techniques to optimally Think-out-of-the-Box. Thinking-out-of-the-Box can be used to ensure optimal effectiveness in Decision Making, Problem Solving, Strategic Planning, Personal Growth, New Product Development, Conflict Resolution to Artistic Inspiration to name but a few. In effect, it can be used for every conceivable (and inconceivable) situation. The reality is that everybody can cultivate and improve their skills.


  • The Entrepreneur's Success Kit - This downloadable e-book is written for new and existing business owners. This e-book identifies 10 of the most common problems businesses encounter and suggests how to avoid them. Each chapter comes with many critical questions that you must constantly ask yourself and reflect on those aspects of your business to help you keep focused on your business. This is a must read book specially written by a business owner for business owners. Check The Entrepreneur's Success Kit

    • Tools for Personal & Business Development - The Delamere Group have many resources for articles, CD's, videos, books, plus more. These tools will help you to start and develop a small business that will be a success and not just a 'pie in the sky' dream. Try a free download of many articles related to starting, running and managing a business. Save on Self Improvement books and audio programmes. Visit Our Self Improvement Centre. Click here.

    • E-Book on Problem Solving Skills - The Delamere Group highly recommend this new e-book written by one of our clients that helps you to learn how to solve real-world problems using 12 powerful problem solving techniques. Contact us.


Useful Resources for Entrepreneurs

We suggest that you spend some time researching through the pages of our web site especially related to business services. We have a Financial Page, also a Legal Page, a page, which deals with staff efficiency, plus one that deals with office efficiency.

For more help with regard to researching ideas and business tools, go to our Site Map and Search Page.



Business Ideas

People who come up with original moneymaking ideas are either geniuses or else just plain lucky. Not true. You can make your own luck, and it's really quite easy to come up with new ideas. The problem is choosing the right one for you, and making it work. As they say, genius is 1% inspiration and 99% perspiration. If you understand where new business ideas come from, you're a long way towards coming up with one of your own. Read more about business opportunities.



Great business ideas for starting a new business - This new e-book "Secrets to Financial Success" - the best business ideas for starting a new business, finding overlooked niche and hidden markets for small business, home business and Internet businesses. Read more

 


Give them what they want!

Ever been frustrated searching for a product which nobody seems to make? Ever heard your neighbors complaining because they have to walk miles to the nearest Laundromat? Ever chased about town trying to buy a product that nobody seems to stock? Can you solve the problem? Give people what they want and you could have the beginnings of a profitable business.


I could do that

Most people are good at something. You might know everything there is to know about the music business. Perhaps you're the confident type, and reckon you could sell anything to anyone, anytime, anywhere. Are bright ideas always popping up inside your head like the proverbial light bulb?

Build on your strengths and you will build the beginnings of a profitable business. Of course, you could let someone else sort out the problems before you get involved. You could go for a tried and tested business that nobody has thought of starting in your area. You could take up a franchise (part of a major group like McDonalds or Dyno-Rod) or buy one of the businesses advertised for sale in your local paper. Often the best ideas have already been tried and tested by others. Visit our web page related to businesses for sale.


Get in there first.

Keep your eyes open; something could crop up of its own accord. Local papers are full of opportunities - the council putting another of its services out to tender or a businesswoman complaining about the lack of proper childcare facilities in the area. A few years ago people who questioned what we did with our rubbish were seen as cranks - today recycling waste paper is big business. Watch the future - it could be bringing you a profitable business idea. Once you're in business, many more opportunities to grow and develop will appear. Finding your first business idea is like planting an acorn - nurture it and it could grow into a mighty oak.


Inspiration

Are you the creative type, always coming up with clever ideas? Are you the practical, down-to-earth type who always does the job right? Whichever you are, if you want to run a successful business, you will have to learn how to use your imagination to solve problems. Business is all about solving problems - which is why people are willing to pay money for goods and services.

Whilst some people are better than others at this, there are ways to increase your ability to come up with solutions. Change stimulates the imagination. If you visit different people and places, you may pick up a well-tried idea that people just aren't aware of in your area. Tom Farmer spotted 'muffler shops' in the USA, came home and started Kwik-Fit. Change also helps to kick-start your mind into new ways of thinking. It helps new ideas to flow and makes you less narrow minded about what is possible. You don't have to go to the other side of the world - you can get stimulation simply by varying your routine. Make an effort to meet different types of people, get out to the countryside for a walk, or just visit a different town.

  • Mental Training Software - The Delamere Group now offers state-of-the-art mental training software of the highest quality. By working with recognized leaders in their fields, we insure the finest content for our products. This material is ideal for entrepreneurs and small business owners to motivate themselves and their staff. Click Here


Brainstorming

One way to open up your mind is to brainstorm. Yes, it does sound a bit wacky, but it is also a well-tried method of generating ideas and is widely used in the world of business.

Brainstorming is an approach that helps you to search out all the ideas lurking in the back of your mind. You can brainstorm with a bunch of friends, or with your business adviser. If others are involved you can get an atmosphere and a momentum going that throws up more and more ideas. Even if you do not have others with whom you can brainstorm, you can think creatively by yourself. Why not try it now? Get a pen and paper or a flip chart if you've got one.

Open your mind and write down as many ideas as you can possibly think of for a business in your area. Keep the ball rolling any way you can; pace up and down, talk to yourself, pin things on the wall. Don't stop to think! Don't reject things that seem impractical - in fact the crazier the better! Be positive, don't put yourself down - you can do it! Stop after ten minutes, and use a different colored pen to review your ideas. Which are practical? Which link to other ideas? Which can you reject out of hand? If nothing comes up, try again another day.


This material has been kindly provided by "Project North East" of England and re-witten and edited by our Senior Partner.

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Some additional ideas to think about


  • Can you handle the problems of running a small business? - Based on a recent survey taken amongst over 10,000 small businesses both in the USA, Europe and other developed and developing countries, we have listed the ten most common problems, which make the task of operating a small business more and more difficult, especially with more competition, and coping with a recurring world recession. The material that our firm has researched, specifically investigates these common problems and we hope will help the entrepreneur and small business owner, to survive the difficulties experienced by their fellow entrepreneurs. Click here.

    • Business Startup & Planning Software System - The VPSpro is an award winning step-by-step business startup and planning software system, which guides entrepreneurs confidentially through the research of their project on-line and helps them analyze the feasibility of their business idea or expansion. The software produces a comprehensive set of three-year financial projections and then you go on to auto-generate a full set of notes to the projections. The planners can also complete full business plan narrative by using the VPSpro Narrative Writer. Create a Business Plan! A fast effective way to create a professional business plan www.vpspro.com (Venture Planning System Professional)


  • Motivational Material for Business & Living - One of the most respected individual writers of material, which helps you develop your confidence, personality and success in business and life in general, is Jim Rohn. Jim's company now distributes over 100 products, which are all useful in your goal of achieving success. Peruse the online catalog for a review of the videos, audios, books and other aids, plus read the FREE Newsletter. Click here




  • Don't be too proud to ask for assistance and help when you need it. We recommend to many of clients, the following 2 sources for assistance, but if you reside in any other country than the USA, check with your local Chamber of Commerce for similar programmes.

    • The SCORE Association (Service Corps of Retired Executives) is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the USA Small Business Administration (SBA). SCORE Association volunteers serve as "Counselors to America's Small Business."

      Working and retired executives and business owners donate their time and expertise as volunteer business counselors and provide confidential counseling and mentoring free of charge. With more than 10,500 volunteer business counselors, SCORE provides small business mentoring and advice on the full range of business topics. You can find SCORE in your local community to meet with a SCORE counselor face-to-face or you can use the service "Get Email Counseling" to receive free and confidential business advice. For more details click here

    • Try using our Small Business Advice Service - This service allows you to submit any question that you may have about your business plans or problems being encountered in your small business venture. There is no charge for this service and if you check the pages of our web site "search and site map" you might just find the right answer to your current problem, but if not please feel free to contact us.




  • If you are considering Starting or Running a Business in the UK - A FREE and independent source of information and advice for -
    - Entrepreneurs
    - Owner Managers
    - Self Employed
    Starting or running a business with fewer than 10 staff and based in England
    ? Try using the new feature, "Business Improvement Tool for Entrepreneurs."click here




  • We have suggested to many of our clients that a little extra study and research into the subject of being successful as an entrepreneur, will produce handsome dividends, and we have suggested the course, "Venture Creation in the 21st Century." This course will examine business venture creation in a step-by-step process, and the course looks at the process of new business venture creation in today's global economy. Contributions of creativity, entrepreneurship and innovation will be examined in the process of setting up a business venture. For the full details of this course "Venture Creation in the 21st Century" (Ref.MTC 899-C) go to our Online Courses page, click here, and select the category of the Catalog "Global Business Practices" click here


  • Trade Magazines. Free subscriptions are now available to professionals - No hidden or trial offers, and no purchase necessary. Publications are absolutely free to professionals who qualify. The Delamere Group has arranged an ongoing contract for our clients and site visitors (See News Release) to receive these free subscriptions to qualified individuals and companies. Browse through our extensive list of trade publications by industry, title, or geographic eligibility to find the titles that best match your skills and interests. Simply complete the application form and submit it. Many are available for international delivery. For more details on the over 300 magazines currently offered on a free subscription basis click here


  • Self-improvement programs - Life of Learning aims to help individuals realize their true relationship with life through higher self-studies and the use of self-help books, eBooks, audio albums, tapes, CDs, videos, & DVDs. For more details, click here.





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