Contents

What separates the successful from the unsuccessful in business? Many characteristics and habits are common to those who excel in their entrepreneurial pursuits and how they manage failure is one area where perspective plays a powerful role.

How Successful Entrepreneurs Handle Failure

How Successful Entrepreneurs Handle FailureThere are many differences that separate the winners in business and life from those who are struggling and falling by the wayside.One big difference is how they handle failure. Successful entrepreneurs have a positive mindset around the experience of failure. When they fail, they look at it as a result. They took "x" steps and produced "y" result. "Y" didn't work, so it's back to the drawing board to change the formula and try again.Many new business owners don't make it out of the gate because as soon as they fail, they figure, "Who am I kidding? I knew it wouldn't work" and then quit!If everyone had that mindset, we wouldn't have electricity, airplanes, vaccines ... actually, we'd have pretty much nothing!Every single success in this world was preceded by one, two -- a thousand failures! Babe Ruth set a record for the most home runs. Did you know he also had the record for the most strikeouts?Thomas Edison failed more than a thousand times before he perfected the light bulb.If you're not failing, you're not pushing yourself enough. You are remaining in your comfort zone and cannot expect to reach the level of success you're capable of.Failure is what allows you to learn and grow. If you quit as soon as you meet with failure, you will always remain exactly where you are.Albert Einstein once said, "You cannot solve a problem with the same level of thinking that created it." And, "The definition of insanity is doing the same thing over and over again and expecting a different result."What these statements teach is, in order to overcome failure, you must think differently and act differently. It is what separates the ordinary from the extraordinary!You might have to seek out guidance from someone else who can offer the expertise you need. You may need to inject new perspectives and talent by forming a team around your project.Fear of failure is one of the biggest obstacles that hold new business owners back. Failure should not be feared, but embraced because a life lived in fear is a life half lived.If you're stuck and unable to move forward because of fear of failure or because you have failed in your previous attempt, bring someone else into the mix to offer support and guidance.Tweak your plan and give it another go.Engrave the words of the following masters into your mind and never, EVER give up.Anyone who has never made a mistake has never tried anything new. - Albert EinsteinHe who fears being conquered is sure of defeat. - Napoleon IProblems are not stop signs, they are guidelines. - Robert Schuller 2006 Laurie Hayes - The HBB Source

Steam Cleaning Business and the Greasebusters Franchise

Steam Cleaning Business and the Greasebusters Franchise

Frequent Steam Cleaning can drastically improve the visual aspect of carpet and upholstery. One of the biggest advantages many folks do not associate with Steam Cleaning is the health benefits it provides to those who suffer from allergies and asthma. The EPA has discovered indoor air pollution as one of the top five urgent environmental dangers to public health. When your home is polluted with allergens and dust, your lungs are expossed to greater health risks. Your lungs can't process oxygen into carbon dioxide as effeciently as they should. Routine Steam Cleaning can actually reduce allergens and dust and help your lungs breath easier. One of the most trouble-free small business opportunities you can own is a Steam cleaning franchise. It's an easy business to run and business evaluation stability charts show steam cleaning franchises with a high rating. Because the investment level to start up a steam cleaning business is very low, it is a excellent small business opportunity for any person from any background. Many entrepreneurial minded individuals run extremely profitable "steam cleaning business" es that were initially started with very low capital. These folks hold the knowledge that steam cleaning is a low investment business with the potential to earn a very high income. For those with access to minimal funds, starting a steam cleaning business can be a win-win situation. For those who are unfamiliar with business ownership, starting a small steam cleaning business can be a nerving situation. A lot of newly opened businesses fail because of mistakes that could have been avoided. Therefore, building a business plan before jumping into a new venture can mean either success or failure for your business. Subsequently, the two biggest fears for future business owners would appear to be job security and the failure of their new business. If one of the biggest fears people have about starting a small business is the fear of having no real security.You can easily start a steam cleaning business with as little as $1000. It is feasible for some people to start the business with less than $500 under the right circumstances. If you own your own equipment and transportation vehicle, it will mean less money from your pocket. Realistically, most people who want to start a "steam cleaning franchise" don't own cleaning equipment. Alternatively, if you're just starting out and if you want to own an independent operation as opposed to a franchise, you have the option of leasing the cleaning equipment for a very small fee. Contrarily, Consider the benefits of a cleaning franchise. Although the initial investment to start a franchise may be higher, the benefits you will receive can have a huge impact on the success of your business. Brand-name recognition, an established customer base, and extensive training and support are fundamentally important to the success of any franchise. But the two most important are the training and support because they eliminate the guesswork that comes ever so often when starting a new business.You can find several steam cleaning systems out on the market. Before starting your cleaning franchise, it is a good idea to research the various systems that are available. Some steam cleaning systems are more complex and more costly than others and achieve different results. Commercial cleaning companies commonly utilize truck mounted systems for their commercial strength and unique ability to cut down the time spent on a job. Many steam cleaning franchise companies utilize the truck mounted cleaning system.A small steam cleaning business can turn some amazing profits. You won't find the flexibility and depth that the cleaning business holds in any other industry. And you can grow your steam cleaning home business as large as you want. Steam cleaning is a billion dollar a year industry and it's growing bigger every day. Deciding on a business with all the right properties is an important decision you will have to make if you plan to be your own boss. For every potential opportunity that presents itself, retain as much information about that business as possible to reduce problems in the future. A new business venture can be an exciting and rewarding journey. Sticking to your business plan staying focused can ensure the success of your franchise.

Ebooks and the entrepreneur

Ebooks and the entrepreneur

Most home business opportunities are overdone and oversaturated. With most home based business opportunities that are promoted in magazine and websites the options are all the same; start a day care center, become a personal shopper, site at home and stuff enveloped and so on. While a dedicated person can make income, and sometimes great incomes, from such ideas, the market can only handle so many work at home personal shoppers. Ebooks however, are in a market that is only just starting to see entrepreneurial interest. Ebook authors are starting to be called info entrepreneurs. They compile high quality information or write their own fiction ebooks and sell them online. Some people are able to secure very comfortable full time careers from this, and yes, they do it 100% from their own home. Ebook EntrepreneurshipBeing an ebook entrepreneur is no easy feat. It will require long hours of research and writing, web design and gaining a little knowledge about ecommerce. However, the payoff could be huge. And unlike many other home based businesses you wont be limited to your region. The beauty about ebooks is that you can publish them and then distribute them throughout the world. You could get orders from Indonesia, Canada, USA, France and so on. This global opportunity doesnt apply to many other work at home opportunities. Ebook Stores Dont Open & CloseAnother defining feature of Ebook Entrepreneurs is that they dont have the regular 9-5 hours of operation. You will sell ebooks while youre awake and while you sleep. Not bad huh? Most of the work that goes along with setting up an Ebook business is done in the beginning stages. This industry is front heavy, but after you set up your infrastructure you can continue to sell with very little daily maintenance.Not Just For AuthorsLikewise, ebook authorship is not just for authors. Anyone who has an interest in anything could write about their interest and convert in into an ebook. Some of the best ebooks are actually from unknown authors and some of the highest selling ebooks have been written by unknown authors who have a knack for online promotion. If nothing else, Ebook publishing it is something worth consideration. Ebooks may not replace traditional paperback books, but they certainly are gaining popularity at a rate that should make all authors stop to think about how they could use ebooks to their advantage.

Starting A Business The Three 'Ps'

Starting A Business  The Three

There are a lot of factors to consider when starting a business. Primary among these are the three Ps Plan, Prepare and Persist.PlanAfter you have selected some ideas from your brainstorming to base your business around, create a plan of attack. List what you'll need before your business starts. What will your ongoing expenses be? Factors include rent, utilities, permits, licensing, legal fees, inventory, staff, design, marketing collateral, mailing lists, software, advertising and more. Get as much as you can out on paper and set deadlines to get things accomplished. This will allow you to evaluate your pace.PrepareOnce you have a plan, carry it out. Preparing to start a business can be a lot of work. Tasks include getting an identity designed, creating business cards, brochures, web sites and other marketing material, consulting with CPA's, lawyers, and HR professionals, in some cases finding and renting or buying a storefront or office, furnishing the business space, getting utilities in place, receiving and organizing inventory, getting a database for your customers and leads and any number of other tasks. By running a home business, some of these steps will already be taken care of, yet opening a business of any kind can be an enormous task. While planning your business make sure to leave plenty of time to get up and running. Better to plan your setup time too long than too short and finding yourself running out of money.PersistThis is the most important step of running a business. Without persistence, you won't even be able to finish your business plan. Hang on like a pit-bull. When the going gets tough, get tougher. Have worst case scenario plans to fall back on, as well as best case scenario plans.Some businesses become over-night successes, while other take year to develop. If you plan, prepare and persist, youve got a very good chance of making it.

Successful Entrepreneurs

Studies have shown that successful entrepreneurs possess these characteristics: 1. Self-confidence This is that magical power of having confidence in oneself and in one's powers and abilities. 2. Achievement Oriented Results are gained by focused and sustained effort. They concentrate on achieving a specific goal, not just accomplishing a string of unrelated tasks. 3. Risk Taker They realize that there is a chance of loss inherent in achieving their goals, yet they have the confidence necessary to take calculated risks to achieve their goals. Entrepreneurs are people who will make decisions, take action, and think that they can control their own destinies. They are often motivated by a spirit of independence which leads them to believe that their success depends on raw effort and hard work, not luck. So which of these three main characteristics is the most important? Believe it or not, it has to be self-confidence. Without self-confidence, nothing else is possible. If you don't believe in your abilities, then the first challenge that arises may knock you off the path to achieving your goals. Here are a few things to keep in mind for maintaining a higher level of self-confidence. Positive Thinking Well, it all starts with a positive attitude, doesn't it? Believing that something good will happen is the first step. Negative thinking simply is not allowed. You must truly believe that there are no circumstances strong enough to deter you from reaching your goals. Remember too, that positive thinking can be contagious. When positive thinking spreads, it can open doors to new ideas, customers, friends, etc. Persistent Action Now all of the positive thinking and believing in the world is useless if it is not applied towards a goal. You have to take action, no excuses are allowed. This action must also be persistent. Trying once and then giving up is not going to be enough. Keep at it one step at a time. If you can't get by a certain step, then find a creative way to try again or just go around it. At the beginning of this article we identified a few traits that are common among "successful entrepreneurs" . You should be able to look ahead and see yourself where you want to be. Now just maintain a strong belief in yourself and your skills, stick with it, and don't give up. If you can do that, you're already half way there!

Tips For Starting A Franchise

It's estimated that a new franchise opens every eight minutes in the U.S.-and with good reason. The American franchise industry accounts for 40 percent of all retail sales in America. What Is A Franchise?The U.S. Small Business Administration says that generally, a franchisee sells goods or services supplied by the franchisor or that meet the franchisor's quality standards.Starting UpIf you're thinking of starting a franchise, analysts suggest taking a look at the local market and deciding what consumer needs exist. That's one reason many people open auto-related franchises. There are millions of cars in the U.S. and one franchise company, called 1-800-Radiator, estimates that any car older than seven years and with more than 50,000 miles is a probable candidate for a radiator boil over. The company has turned that fact into profits and it now has franchises across the U.S. The company arranges fast and inexpensive radiator delivery by providing radiators within two to three hours. Their customer base is made up of auto parts stores, mechanics and auto repair shops. In just 13 years, 1-800-Radiator grew from a $3 million company to one with over $70 million in revenues. The following can help answer questions about franchising with the company:Q: Do I need automotive experience or knowledge about radiators?A: To become a franchisee you do not need any automotive knowledge or experience. The company has spent millions of dollars on systems that give franchisees a competitive advantage. For instance, the franchise's Internet-based system tracks every phone call, mailing, visit and sale for every customer it reaches. That data helps franchises provide better service and helps build a market of repeat customers. Auto-Related Industries Present A Variety Of Franchise OpportunitiesQ: How do I deal with larger competitors?A: The company has stood up to larger competitors by using its systems to fine-tune its marketing, point-of-sale product database, and inventory management to gain a competitive edge in the market and an increase in revenue, direct mailings, phone blitzes and sales promotions to gain market share. Q: What happens at start-up?A: When a new franchise opens, the company sends in a "blitz crew" that calls on all the existing customers and tells them that there is now a new location nearby that will deliver their radiators in the same day.

Summary

What separates the successful from the unsuccessful in business? Many characteristics and habits are common to those who excel in their entrepreneurial pursuits and how they manage failure is one area where perspective plays a powerful role.