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Archive for Entrepreneurship

Writing a Business Plan

Now that its graduation time, I gotta to start making business plans for the ideas I have. Getting a 9-5 is my last option. I’ve written down many of them, and even bought domain names for many of them, but having a business plan is the next step. To those that are in the same position, I hope this helps.

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Tenacity vs Intellect: What Makes an Entrepreneur?

via ForaTV

As I readĀ  and watch videos about successful entrepreneurs, this same question pops up in my head. Was the cause of this persons success due more to to this person being an egghead, or them being passionate and driven? Leonard Brody eloquently answers this question by intelligence is a commodity- you hire smart people- but passion is the driving force. When I look at the Forbes Richest people list many of them were college drop outs and some never finished high school. I have no doubt this these people aren’t all intelligent, their success was due more to the fact that they had a passionĀ  to succeed or fear of failure.

There’s a good article on Street Capitalist which underscores this point. The author writes about Warren Buffet talking about Rose Blumkin who had a grade school education but was able to turn her investment of $500 into the biggest furniture store in North America.

Steve Stoute- Making Money Outside the Record Biz

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