Tag Archives: Entrepreneurship

The Growing Need for Learning to Lead

Below is a super informative info graphic on the growing popularity of learning to lead via entrepreneurship. Please take a look at it, and consider the benefits that entrepreneurship has to offer.

Entrepreneurship-Education-Infographic
 Find more education infographics on e-Learning Infographics

Also  if you want to learn more about entrepreneurship education, there is a really terrific article posted on ApexStriving.com.  Be sure to check it out!

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Evolution of an Entrepreneur

Entrepreneur’s have been around since the dawn of time.  They have contributed to the growth and expansion of just about every civilization’s economy in recorded history in one way or another.  Of course over time, they have had different levels of impact and function, but were important none the less.

In this day and age there is a huge need for entrepreneurs, one could even say the need is greater now than it has ever been.

Below is a fun infographic that depicts how the entrepreneur has evolved over time, and showcases the type of entrepreneur that is needed most in the 21st century.

 

Click image to see a larger versionEvolution of an EntrepreneurEvolution of an Entrepreneur via homestead

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10 TED Talks for Entrepreneurs

A fellow entrepreneur gave me a slight nudge recently that motivated me to post this blog.  I think you will certainly find value in it as it incorporates some of the best minds of the 21st century.

Remember…..    The secret to learning as an entrepreneur is to mix equal parts of inspiration and perspiration. Hard work without a vision is futile, while a great idea without execution is similarly worthless. In these TED talks, you’ll find the inspiration you need and the know-how to get it done.

  1. Seth Godin on Standing Out: What makes you so special? Seth Godin’s talk is all about why people just ignore the ordinary. In order to stand out, Godin says, you must be either bad or bizarre. Boring will not bring you success.
  2. Alex Tabarrok on How Ideas Trump Crises: Economist Alex Tabarrok’s talk celebrates the practice of idea sharing. He explains that through free trade and globalization, we are now sharing more than ever to create a community that’s more healthy and prosperous than before.
  3. Dean Kamen on Inventing and Giving: Get inspired by this master of invention with more than 150 patents under his belt. In this talk, Dean Kamen discusses the Segway, and takes a look at even more big ideas, including portable energy and water purification to be used in developing countries.
  4. Richard St. John’s 8 Secrets of Success: How does success happen, and why do people succeed? Richard St. John knows, and he’ll tell you in this talk. Watch the video to learn the lessons of success.
  5. Tony Robbins: As an entrepreneur, your choices make a difference. You can impact the future of your business, an industry, a community. In this talk, life coach Tony Robbins examines the invisible forces that motivate your actions.
  6. Derek Sivers: How to Start a Movement: Do you want to make an impact? Derek Sivers can show you how. Explore this talk, and you will see how movements really get started — with the power of two.
  7. Itay Talgam: Lead Like the Great Conductors: Entrepreneurs must exhibit excellent leadership and management skills. You work much like a conductor — orchestrating different parts to ensure that they all come together like they should. In this talk, Itay Talgam examines how orchestra conductors can provide entrepreneurs with crucial lessons in leadership.
  8. Gary Vaynerchuk: Do What You Love: Gary Vaynerchuk insists that there are no excuses for not doing what you love. If you’re a dreamer, but not quite yet a doer, Gary’s TED talk can give you the shot in the arm you need.
  9. Alexis Ohanian: How to Make a Splash in Social Media: Make social media work for your venture with the guidance of Alexis Ohanian. Using the example of a humpback whale’s Web stardom, you’ll learn how to master memes and marketing in social media.
  10. Richard Branson’s Life at 30,000 Feet: Find inspiration from Richard Branson, the entrepreneur who turned a record shop into the Virgin empire. This talk examines his career, near-death experiences, and some of his motivations.

I hope you enjoyed these 10 TED talks on Entrepreneurship.  If you have any others that you think should be added to the list please share by leaving a comment.

In conclusion, the Educated Entrepreneur is all about empowering entrepreneurs world wide; therefore if you found these videos inspiring, you could do us a favor towards empowering more future entrepreneurs, by spreading the word on the following product that teaches entrepreneurship to kids.  Thanks for visiting and thanks for your support.

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America is Easy for Entrepreneurs

“I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.”  –  Thomas Jefferson

Yes things are tough right now….

I understand it’s hard at the moment for many to find a job.  I even understand that it is now a tad bit more difficult than usual  for many to become wildly successful.  But ……there’s nothing like a good challenge and a little bit of adversity to test the human spirit.  What I see is a great many that are still waiting for the bottom of this market or the bottom of that market before they make their move, I see many waiting for things to get better before they begin to move forward and make things better, and worse of all, I see a great many who are waiting for a type of permission to dream again.

So… I just have to say it….if this is you, and if this is how you are thinking….then I think you have the wrong plan, and here is why.  Because we are in America….and America is easy!  Yes we are still in the country known as the land of opportunity, and Yes, we are still in the only country in all of the world that has the words DREAM immediately after it.   I think it’s important that we not forget that there is no such thing as a Poland Dream, or an Irish Dream, or a Spanish Dream…..and how rare it is to find boats stowing away hundreds of people to get to any of these just mentioned countries.  No….there just aren’t that many countries with walls slowing others from making their way in, nor are there people risking their lives to cross rivers and desserts just to get in.   Yes…there is only one dream…and it  is the American Dream.

So currently 9.7% of the country is unemployed…  is this a bad thing?  I don’t know…it depends on your perspective.   I think that this can perhaps be seen as our time to shine… our time to overcome and grow.  We have after all grown in GDP and economic output as a country during this slight depression which everyone is experiencing and is so depressed about .  So why is every chum so glum?  Well I’ll tell you…what appears to be happening is this, our country is growing, but…our workforce is not.  We have 9.7% of of a country now without jobs because it doesn’t make financial sense to have them around.  Essentially there has been such an increase in technology that just about 10% of our country has been outpaced by it and can’t seem to keep up.  So as an economic entitiy we aren’t doing so bad…we are expanding, but as a populace we probably need to make some changes.

Now you can call me a glutton for pain but I think that on a much deeper level this can be seen as a test to each and every one of us who has found themselves out of work, or bereft of hope for the future.  This little test is going to see if we can be creative enough, persistent enough, and productive enough to find the opportunities and the ideas that are interwoven throughout this great country.  It’s a little test that if passed, will allow us to stand tall once again.  So what that we have an almost 10% unemployment rate and heaps of national debt among other financial woes…   It will behoove us to not forget that we are in a type of continual “Design Mode”…designing not just how bright our personal futures are going to be, but how bright our collective future is going to be as a country.  No it’s not going to be easy, No we can’t go on strike, nor can we get paid by demand…  we must earn it!  We must take off our pajamas, put down the remote, and get out there, give our best and hustle our faces off!!   So we put 10 resumes in today…now what?  Are we going to go home and eat Cheetos and ice cream until tomorrow comes around so we can do it all over again, or are we going to go above and beyond.. put in 15 more that are thoughtfully adapted?  Are we going stop there…or are we going to do more… and begin to THINK of, and then ACT on, the many hundreds of thousands of other ways that we can be of service to the community, the country, the world?  I’ sincerely feel…  that this is the only way that we can dig our way out, and be duly reimbursed, so we can begin living the way we wish, so we can begin living our little portion of what makes up this thing called the American Dream.

Consider this…. China is currently at 5% unemployment and Russia is at 8.5% unemployment….looks good right, but would you really want to live and work there?  Employment in one of these countries is hardly the ideal career plan…(at least as far as I can tell based off of what I learned in my college Geography courses).  The country of France is at 10%, and the last time I was there everyone seemed so defeated and somber I started to get a little depressed myself. (law of association I suppose)  They didn’t have the spark that we have, they didn’t have in their eyes the glimmer of a greater tomorrow….  I couldn’t sense that essense…that energy, of individual empire builders like I feel when I am here at home.  And Spain…one of my favorite countries in all the world is at 22% unemployment…..with their young workers ages 18 – 24 showing an astonishing unemployment rate of 54%!  And this is a developed nation!  So, what does all this mean?  Well, if you are an American, perhaps you will more clearly recognize how blessed you are, and how much more privlege and opportunity you have even in this day and age…as you are more priveleged than 95 % of the world (95.46% to be exact).  If you’ve read this and you are an American….It’s my hope that you will never again be able to say you didn’t know how much privlege and promise you had….because you are afterall in America….  and America is Easy!

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Young Smart and Global Entrepreneurs

Global Entrepreneurship

As a promoter of smart entrepreneurship as a primary vehicle to making a difference, I thought it absolutely necessary for me to mention a very fascinating movement that I came across recently, a movement which is gaining some serious momentum in Michigan.  It’s an association of entrepreneurs and innovators who are focused on building creative, enterprising communities, and is known as the YSG (Young, Smart, and Global) Organization.

I find it fitting to mention their efforts here regardless of where their primary activities take place (They are out in Michigan, far from where I currently reside…Arizona) because of what they stand for and more importantly because of the ever growing relevance that their message carries for our Nation in the not so distant future.

Essentially the YSG organization is a very forward thinking movement, one which is focused on revamping communities in the state of Michigan due to an outdated social an economic mindset that is pervading that region.  A mindset that stems from Michigan being at one time, an economic leader due to their Auto Industry, and being a hub of innovation and opportunity throughout America in the early 20th Century…but ultimately losing focus when times were good.  Innovation slid and communities became comfortable…whereby, most people in the community got in the habit of working for big organizations, becoming dependent, and thus their creativity, entrepreneurial spirit, and economic potential ceased.   So…It is YSG’s intention to act as a catalyst, inspiring creativity, risk taking, and taking action in entrepreneurial endeavors amongst their population once again.  One of their biggest aims is to ultimately ensure that the old ideas of entitlement and the prolonged lack of involvement within their local communities disappear.

From my point of view…it appears the YSG organization’s concerns are not just a local issue.  What seems at the moment a phenomena that is occurring exclusively throughout Michigan has the potential to appear as a much broader issue, especially when a little foresight is used with an increase of scale, meaning when we look into the future and substitute national trends for international trends.  This isn’t difficult to envision when future economic projections such as what I’ve listed below dominate the daily news:

* General Motors expecting to reduce its work force by 25 % in the next five years.

* AT&T will cut its payroll by 27,000.

* IBM will let go 10,000 workers.

* United Technologies will terminate 11,000 employees.

* Unisys (Burroughs /Sperry) will reduce its ranks by 10,000.

* IT outsourcing on the rise

And of course other statistics, like how in the 1980’s, twenty-five percent of middle management jobs were eliminated in the United States (Greenberg/Baron 582), or how in the 1990’s, one million managers of American corporations with salaries over $40,000 also lost their jobs (Greenberg/Baron 582), and how in total, Fortune 500 companies have eliminated 4.4 million positions since 1979 (Greenberg/Baron 627).

Global Entrepreneurship

So…It appears YSG is combating a microcosm of what has a significant chance of occurring nationwide at some point in the future due to the loss of not only manufacturing jobs to outsourcing, but also IT jobs to outsourcing, and more dramatically, job losses due to the advancement of technology.   YSG has it right…..in order to compete and flourish as we have in the past, we need to get innovative, entrepreneurial…but most importantly, we need to get smart and we need to get global.

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Economics 101 – What are You Worth?

Wow! What a hiatus. Last month was an undoubtedly action packed one. I took a trip to Paris, got engaged, and started participating in a new flag football league all on top of the business activities I normally partake in. Of course the blogging suffered a bit due to “all the activity” and of course a small mishap which had my blog temporarily deactivated. However, the good news is…. I am back!

So today I wanted to touch on something that has been on my mind a lot lately, Economics. I guess I am really writing this now because of a certain essence that seems to pervade the internet, the television, heck the world. This essence manifests itself as a blatant misunderstanding of Economics and economic principles. It is an essence that can be summed up in a mentality known all too well as “The Get Rich Quick Mentality” or “The Something For Nothing Mentality”.

Now, it is understood that this type of thinking may never go away, but perhaps it can be curbed a bit through people talking about it or blogging about it. Who knows?  So hopefully I can save someone some valuable time by helping them realize that they shouldn’t start something if they don’t really intend to be in it for the long haul and put in the necessary work (and yes anything worth doing requires work). In addition it would be nice if this post could help save someone, anyone from quitting too soon…all because they felt their expectations were not being instantly met. (Hello…..things take time!!!)

So, here it is….a pithy point to keep in mind or to share with a friend/acquaintance who is suffering from this dreadful mentality…..

It is…that you can’t get without giving!!!! Seriously, there is actually a law of economics which irrevocably controls the system that neither recognizes nor tolerates, at least not for long, getting without giving. So….what this means is, that there really is only one dependable method for legally accumulating and holding true riches, and this without a doubt is…………….. by providing useful service.

Now how does one provide useful service and why is it important you ask? Answer….  first understand Economics! Which you can find a bit more about in this neat little video.  To your success!

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Wages Vs. Profits

profits

A mentor of mine, Jim Rohnwho I’ve been following for a couple of years now, uttered a phrase that caught my attention, more so than usual while studying  him recently.   He had such a strong and significant impact on me  on the day that I heard him say “profits are better than wages. Wages will make you a living, profits can make you a fortune.”

I found the phrase sage like.  I remember repeating what he said to myself  and then thinking about how truly difficult  it most likely is to get rich on just wages alone, and how readily profits can be made if we focus our efforts on accumulating them.  It was a pretty outstanding moment of clarity for me, and I still get the goose bumps whenever I think about it!

Following that phrase,   Jim Rohn went on to make a point about how profits  can actually change your whole attitude, even if you start part-time.  I really warmed up to his suggestion, and perhaps you will too, because he states that it doesn’t matter if it’s part-time on your entrepreneurial business,  your network marketing company, or your service business.

To Jim it didn’t matter.  To him it could be a real estate business, a tutoring business as a teacher, a website design business, a landscaping business in the summer, a consulting practice, woodworking, or a hobby,  heck, he even goes so far as to mention a business of hanging Christmas lights in the winter.

The magic he says, comes from the moment you start investing effort part-time into your own business, because it is then, that you will find how much more exciting it is to get up in the morning, look in the mirror, and go to work on your fortune, even if it is only a small portion of your schedule,… something like 10 – 15 hours per week.

How empowering  would it be, to be able to go to work on your fortune every single day rather than going to work to just pay the rent or the bills?    So you don’t get me or Jim wrong I will quote you some words directly from him when he says ” Now – it is noble to go to work to pay the rent, but if you could also parcel out part of your time – go to work to make your fortune.  Your whole attitude changes; your spirit changes. It is in your voice.  It is in your face.  It is in your gestures.  And then you can say, “I am now working full-time on my job and part-time on my fortune because I found a way to make profits.”

Wow….how amazing is that?  Slightly magical isn’t it?!!  What do you think on the idea of Wages Vs. Profits?  Have you taken any steps to learn how you can make profits vs. wages?  Are you teaching your kids these kinds of concepts?  If not, why not?

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YouPublish…Info for the Infopreneur

I watched a video of  Mark Victor Hansen Author of the Chicken Soup for The Soul Series yesterday and learned some pretty insightful info from him on the business of books.  Mark is a very animated fellow and spoke rather quickly and enthusiastically and so so hopefully I can convey some of his enthusiasm about book business.  Essentially, I’d like to relay some of his most poignant ideas about the business.  One of Mark’s primary ideas was that we all have a book inside us, a uniqueness unlike the world has ever seen…a masterpiece waiting to be produced, and of course I really agreed with this idea since the Educated Entrepreneur feels we all have an entrepreneur inside of us just waiting to be let out.   Another idea which Mark spoke of, was his belief , which again is very similar to mine, that there is much power in the written word and that the medium has much potential to create dynamic and significant changes to not only a person on all levels, be it…economic, social, personal, spiritual, but also potential to change the world.  

The most fascinating topic which Mark spoke about, was on the details of the book business.  He actually painted a very convincing picture of how writing a book can be one of the best ways to starting a business.  He propounds becoming influentiall with your ideas, works, and expertise by creating an influential book business empire, and then if you choose, you can splinter off  with success as your base in any direction you wish.  You can move into public speaking, training, coaching, managing, television, movies, you name it…  He even created a term for this type of person, he calls them infopreneurs.  So, I highly recommend you look into the guy and read one of his chicken soup books or check him out on his website or look him up on wikipedia.  He has a lot to teach if you are willing to learn.  Also if you are really curious about the possibility of becoming an infoprenuer,  be sure to check out his free self publishing website called youpublish.com.

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The Art of Living Dangerously

1222634094-Different%20Quotes

I put together a lens on Squidoo the other day titled The Art of Living Dangerously.  Now, I built this lens for a couple of reasons.  First of all I have a slight fascination with the idea of Dangerous Living, Second, it embodies an idea which I have been striving to live by for quite some time, and finally, it’s a way of living which I think is necesarry for entrepreneurs to have…. especially if they are to  achieve any kind of extraordinary success.  So, for all of my already adventurous and enterprising readers I hope you enjoy the happy reminder of what you are, and for all my readers who are on the fence awaiting “that moment” to which you are to start making some big things happen in your own life, I wish it to be a catalystic experience for you.

Now  if you decide to leave this page before reading it…remember….that our biggest failures in life will be our failure to try, and our biggest risks in life will found in riskless living.  Take a risk today and go and enjoy The Art of Living Dangerously and please don’t hesitate to comment back.

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Are You A Change Agent?

Are you interested in trying to identify and solve social problems on a large scale?   Are you  innovative and relish the thrill of opportunity seeking?  Does making changes and improvements to systems or society interest you?  If so you may be a social entrepreneur.

Do you primarily seek to generate “social value” rather than profits for your business?  Is your work targeted not only towards immediate, small-scale effects, but sweeping, long-term changes in the world?  Are you an idealist?  If so you may be a social entrepreneur.

Now reverse these questions and replace social value with economic value and social problems with economic potential and you have yourself a true blue entrepreneur. 

Now I have a tough time with this rigid dicotomy of the entrepreneurial types, and often wonder why there isn’t a definition for the two combined.  It does seem reasonable that the two could combine.  So, I ask myself the question.  “What would you call an entrepreneur who has the goals of a capitalist but a heart of a saint?”

My answer?  A Change Agent…yeah a Change Agent, it sounds cool,  makes sense, plus I think Peter Drucker might agree.

So, what are your goals? What are your intentions?  Do you just want to make a profit, or is making a difference important to you too?  What are you going to do in your business to emerge from the average, the typical, to combine these two ideas and make some real change?
Hello, are you listening….Are You A Change Agent?

P.S…this doesn’t just apply to “Entrepreneurs”   See Why.

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