ROBERT KIYOSAKI’S TAKE ON ENTREPRENEURSHIP

If you think that you don't need to know what Robert Kiyosaki (and who is he by the way) thinks about entrepreneurship, well I would say that you need to first ask who Robert Kiyosaki actually is. Have you heard people talking about the book Rich Dad Poor Dad, which is coincidently the longest running best seller on the New York Times, Wall Street Journal, USA Today and Business Week? If the answer is yes, let me tell you that Robert Kiyosaki is the author of this best seller Rich Dad Poor Dad.

I sincerely hope that you would now be more interested in finding out Robert Kiyosaki’s take on entrepreneurship. After all he has been instrumental in initiating thousands of people into being entrepreneurs. The next question could be the reason for turning entrepreneur. You have a very good job, you are earning good money and your life is secure and stable. What more could you want? There is something which is called ambition and there is something which is called realizing your full potential. Don't you think if you are good enough to be valuable for your employer, won't you be good enough for yourself?

The basic difference between an entrepreneur and an employee according to Robert Kiyosaki is the mental set up. Employees as per Robert Kiyosaki are more concerned about resources while entrepreneurs are more concerned about opportunities. Let me ask you a question. Suppose you find a very good piece of real estate, what would be your reaction to it? Would you leave it just because you don't have the cash for it or would you tie up the property first and look for money later? Believe me the answer is very important and very pertinent to our current discussion.

The answer shows your mindset. If you have always been claiming that you want to start a business but lack the capital to start one, Robert Kiyosaki would term your mentality resource oriented which is typical of employees. If you believe in starting a business and letting it finance through the cash flow, you are more of opportunity oriented mindset. The basic difference between an employee and an entrepreneur is their respective outlook. One looks at the lack of resources while the other looks at the presence of opportunity. It is all about making use of the right opportunities that come your way in the words of Robert Kiyosaki. “Never claim that you can't afford something. Always ask how you can afford it. Let your mind think and not let it shut down.” This is perhaps one of the best mantras that came out from Robert Kiyosaki.

The next point to focus on would be the way to manage the human resources at hand. Robert Kiyosaki claims that employees like to manage through hierarchical structures while entrepreneurs make use of networks and in doing so they make use of the resources of other people and organizations. So, it all boils down to leveraging the assets and resources of your partners. But always keep in mind that you should be very careful when choosing your partners. Take the advice of an expert, Robert Kiyosaki and understand that choosing the right partner is perhaps the difference between success and failure most of the times.

The Slump Stops Here - by Tom Hopkins

Motivational Slide Show. Applicable for business and personal life.



Watch also 'The Secret - The Law of Attraction'

DO YOU WANT TO BE A MINIPRENEUR?

Most of us find ourselves trapped in nine to five jobs and even though the desire to do something worthwhile exists but job security and several other such considerations stop us from taking the one step that could change our future forever. And that makes me come to the topic of minipreneur. Who is a minipreneur?

Well minipreneur is our entrepreneur but with a little difference. If you find that you are not in a position to leave your job, you can start some work in your part time without actually quitting your job. And that would make you a minipreneur. Minipreneur is anyone who starts with a small idea but with a vision that could take him to the highest platform of success.

The best thing about minipreneur is that you don’t exactly need to spend all your time at it, in the beginning. After all, you must have liabilities with you and you could not risk it all. So, the best course of action would be to initiate some business in your part time and continue with your job. And the moment you feel your part time business has grown enough to occupy you full time, you can quit your job and start concentrating fully on your business.

And if you are still skeptic about what I am telling you, why not have a look at some statistics that voice the same opinion that minipreneurship is in.

1) Surveys reveal that over seven hundred and fifty thousand American Citizens are getting their primary and secondary source of income from eBay. And what is more over one and a half million persons claim that they augment their income by selling on eBay.

2) About fifty thousand people in the United Kingdom draw a large portion of their income by selling goods online.

3) There are over five million "Web Driven Entrepreneurs" that we call netpreneurs, in the United States. This accounts for about twenty five percent of all small businesses.

Now the next pertinent question must be about the cause of this boom in their numbers.

1) The revolutionary penetration of internet into our households have made ordinary people like you and me realize that money could also be made by engaging in a bit of manufacturing, enterprising, venturing, selling, trading, and auctioning. The opportunities are infinite on the net. The only thing needed is your sincere effort.

2) Being a minipreneur gives you control, independence, and charge of your destiny and that is what all of us want. Who doesn’t want to be one's own boss and earn money too?

3) And one of the most motivating factors is that minipreneurship is in. It's the new rage in the world of internet. And it doesn’t matter how small you have started. You can think big and you can achieve big. You can achieve big by starting small. Be a Minipreneur.

4) Another reason is the risk involved. Yes, the risk involved is very less as compared to slugging it out at some other job. What you must understand is that you need to provide customers with more choice and more variety. You need to find products or services that are different or that are special or that are vintage or customized or something that no big corporation could develop because of profitability concerns. One such product and you have made it!

It is true that talking about minipreneur is really simple but the real work needs to be done to achieve success. And that would involve determination, hard work and out of the box thinking. Once you do that, well you are on your way!

WHO IS A TECHNOPRENEUR AND A MINIPRENEUR?

Most of us have heard of the word entrepreneur and the meaning that single word conveys. Yes, an entrepreneur is the one who is willing to own and operate and take the risk of operating any business. He is the one who manages all the factors of production to carry on with production. But with time, the purview of the word entrepreneur changed dramatically and it became a comprehensive word signifying a lot of different aspects of business.

Two major extensions of entrepreneurship that has resulted due to the changes in the markets are Technopreneurship and Minipreneurship. The words are self explanatory but let's try to have a look at these words in more detail and try to understand the basic essence of these words. Who exactly is a technopreneur? Well, he could be understood as a new age entrepreneur who makes use of technology to come out with something new or to make some innovation. And once he is successful in it, he exploits his achievement in the market to make money.

What differentiates a technopreneur from any other businessman is the way a technopreneur operates his business. His business is generally marked with a high growth potential and high leverage of knowledge and intellectual property. What is more, he always has a viable exit mechanism.

Then we can have a classic entrepreneur. He is the one who starts his own business. Or you can have a multipreneur who starts a number of companies as per his potential. But the maximum number of entrepreneurs falls in the category of intrapreneur. These are the ones who use their creativity, their knowledge, and their drive in a large corporation. And yes, how can we leave aside a minipreneur. Yes, he is the one who doesn’t possess huge capital base to start a large business but is the one who starts a new venture with this limited capital and with the help of that small capital base expands his business to great heights.

If you are thinking of starting a new business venture of your own, you should asses yourself very objectively if you are game for it. For example, if you are thinking to be a technopreneur, you need to have some personal traits that include being ambitious, independent thinking, passionate about your work, self confidence to take bold decisions, commitment to your job, creativity in good doses, having risk taking abilities, and having a vision for future.

So, if you want to be a technopreneur, start with assessing yourself, if you are really for it. And be very honest about it. You can't cheat yourself. What are your interests? Are you really interested in being a technopreneur or are you joining the bandwagon? Do you have the aptitude to be a technopreneur? What are the relative advantages and the disadvantages of being a technopreneur?

You must be very sure of what you want. Another option could be of being a miniprenuer. The best thing about it is that you can continue in your present job and pursue your business in part time. And when you think that you are ready to pursue it full time you should leave your job and do it full time. It all depends on your personal choice and personal willingness.

Why Do You Want To Be An Entrepreneur?

Most of the discussions start with the question, "How can you be an entrepreneur?" and "What should be done to be a successful entrepreneur?" but the first question that must be dealt with is "Why do you want to be an entrepreneur?" Do you really want to be an entrepreneur? This is the first question that must be asked by anyone and everyone before thinking of starting any business venture? This is the moot question. And yes, first of all you would have to understand who is an entrepreneur? What is entrepreneurship per se?

The word entrepreneur comes from Latin. Entre-enter; pre-before; neur-nerve center. Taking its derivation we could understand entrepreneur as someone who enters the nerve center of a business that no one entered before and then makes changes to it that results in a paradigm shift in the whole process. An entrepreneur is the one who is willing to take risk in any business endeavor. Entrepreneurship is the art of finding an opportunity and then pursuing it to success. As a saying goes "brilliant people also see the same things that others do but they observe things that others don’t." It is the same with entrepreneurs also. They come out with ideas that others don’t think about and that is why they become successful.

Another term which has found a lot of popularity in recent time is a technopreneur. Well, a technopreneur could be understood as an entrepreneur in a business related to technology. It is generally seen that a technopreneur generally has some kind of proprietary and patentable intellectual property rights that he commercializes and reaps benefits out of it. Technopreneurship is a term which is generally used for software companies.

Now let's talk about our earlier question. Why entrepreneurship? Why are you thinking of being an entrepreneur? Do you really want to be an entrepreneur or is there some kind of compulsion to be an entrepreneur? Is it because you don’t have any job or you currently find yourself out of job? There are many who get into the field because that is what his father and forefathers have been doing. Well, after all, it is their family business. And there is another category that interests me the most. It is the one where people claim that they want to be entrepreneurs for the very simple reason that they want to be entrepreneurs. Entrepreneurship is in their blood.

It is for you to ask yourself. Why do you want to be an entrepreneur? I would like to tell you one thing. Entrepreneurship can really prove very rewarding but and this is a very big but, it is very risky and not easy. Until and unless you are ready to slug it out till the end, the chances of success are very limited. If you are fed up with you daily office routine and want to try your hands in entrepreneurship, let me tell you that the time you would have to spend for your own company would be far more. The effort that you would have to make would be far greater than what you have been making. There has never been any short cut to success and there would never be any. But yes, when you really become successful, the rewards compensate for everything.

The avenues open are many but you would have to make appropriate choices. The present time offers you opportunities where you can earn money and make a mark for yourself without actually investing too much of capital. Yes, we are in the age of "MiniPreneurs" where anyone and everyone can start a business of their own.

If you want to read more, wait for the next article on MiniPreneurs . We would also be discussing on NetPreneurs.

Be Focused To Achieve Better Results

Most people are so tied up in goals that they fail to focus on the more important things. Life is more about achieving a lengthy list of goals. More importantly, you need to sharpen your focus and get better results rather than just dissipating your energy in every corner. There are
several people who are successful and rich yet they do not enjoy contentment. This is because they lack focus on what they are and would like to be.

You need to decide how you see yourself and how you wish others to see you. Based on these you need to pick values that reflect that image. There is no predefined set of values that you can adhere in general. You need to fix on three values and make them the core of all your beliefs and actions.

This requires significant personal alteration because your every action has to reflect those chosen values. Any decision, personal or professional, that does not fall within the scope of these three values needs to be reconsidered before application.

Another thing you need to understand is the difference between a goal and a mission. Goals are the milestones in a mission. A personal mission is an ongoing process that may or may not complete during your lifetime. This is basically an ideal that you strive for. For instance, ending world poverty is a good and worthwhile mission yet a nearly impossible one. Most people do not have any mission at all, just a bunch of goals.

The point is that these simple factors are what lend focus to life and also encourage a greater ability for accomplishment and the contentment that follows. Choosing goals carefully and focusing on the mission is the secret of successful people. Setting a dozen personal goals is less effective than choosing a couple of them from that dozen and dedicating yourself to their fulfillment. Selective focusing will save more time for other goals instead of wasting more time through dissipation of your efforts. Establishing focus is also important so that you do not waste time doing things that may be related to your goals and mission but not critical for them.

Most people complain that they never have time to pursue what they think is important but the fact is that they spend way too much time doing things that are completely unimportant and then turn around and say they have no time left. This happens because people see their tasks in order of convenience and not importance.

Successful people work for fewer hours a day not because they have succeeded but because they are focused and clear on what they need to do. That is why they finish their tasks sooner and have more spare time.

Singapore Entrepreneurs - Entrepreneurship in Singapore

Today, I just bump into a website that is dedicated to Entrepreneurship development in Singapore. Very nice ..clink the URL to have a look http://sgentrepreneurs.com/

Are You Ready to be an Entrepreneur?

If you're thinking of going into business for yourself, it may be comforting to find out if you have the traits and characteristics typical of entrepreneurs. Take a FREE TEST. Take this 26 questions quiz to find out. Click here.

If you have tested and the answer is positive, your next step is to not to know what you want to do, but to know who you are, develop a vision - and this is the hardest part. One of the way is to find out what Wealth Dynamics Profile do you belong to. What is Wealth Dynamics Profile? Find out more by clicking this.

Other reference in this blog :
http://entrepreneur-2b.blogspot.com/2006/12/aptitude-test-for-budding-entrepreneurs.html

Aptitude Test for Budding Entrepreneurs

According to JOSEPH R. MANCUSO, founder and president of the Chief Executive Officers' Club Inc.,(a New York-based not-for-profit educational association of CEOs and entrepreneurs), many people like to think of themselves as entrepreneurs. They may not have actually started a business at some point in their lives, but they believe they could under the right conditions. Chances are they're fooling themselves.
Entrepreneurs are a special breed. It takes a certain blend of determination, persistence and guts to turn a business dream into a going venture. There are thousands of accountants, clerks, plumbers, lawyers and managers who tried to launch a business and failed. Yet some do succeed.
Take the following quiz and review your answers using the provided analysis
Click here to take a Aptitude Test.

If you have tested and the answer is positive, your next step is to not to know what you want to do, but to know who you are, develop a vision - and this is the hardest part. One of the way is to find out what Wealth Dynamics Profile do you belong to. What is Wealth Dynamics Profile? Find out more by clicking this.

My new website

I'm happy to annouce my new website called www.mywealthcreationstrategy.com.
Please have a look at it.

PREPARING FOR WEALTH - THE SECRETS OF MILLIONAIRES

Have you ever wondered why some people are rich and others poor?
Have you ever wondered how some people seem to find their dream work so easily and become a real success while others struggle for years to make ends meet?

If you have been asking yourself these questions, then you are not alone. There are many people who have asked exactly the same question you are asking but at last they have the answer.

I have worked out a ebook titled 'Preparing for Wealth'. In this ebook, you will learn the secrets of the millionaires. You will learn why some people are rich while others struggle to make ends meet (and if you are one of those struggling to make ends meet we will show you how to prepare for wealth).

Preparing for Wealth will also teach you:
Why it is good to be rich
Why competition is unnecessary for true wealth
How to find your passions and vision and live in them
How to understand your wealth profile
And much more ..

So if you are sick of struggling to make ends meet and want to learn the secrets of millionaires, simply fill out the form on this page (on the top right of this screen) and you will immediately receive our FREE ebook 'Preparing for wealth' which will start you on your journey to success and riches.
Grab this eBooklet NOW! For FREE! Just fill out the form.

Get Rich, Scientifically

I stumbled upon a FREE e-book that deserves special consideration because it has had such a huge impact on me.

I have much to occupy my hours but this rare book got me reading a second time. I read (or listened to) very often for months and months.

The first time I read The Science of Getting Rich I had many dreams on the possibilities the words created for me. I knew what it was saying was true and it can change me to be a very different person.

The book was written nearly 100 years ago but the words are just as applicable to success and wealth even now. The principles cut through my limiting beliefs about me and inspired hope and enthusiasm for the future.

I started following the practices in the book, and certain hobbies, activities and interests fell out of my life. These were replaced by new activities, new focuses, and new interests.

Rebecca Fine has created an entire business around this book (and she's doing well too!) I purchased the CD set of The Science of Getting Rich (read by Rebecca) and listened to it every morning when I drive to work.

There is value in repetition, and I would encourage you to read the book and then get the CD. Most of us have more time to listen than we do to read, while driving or working out, etc.

In fact, this is one of the books that has inspired me to start my website www.mywealthcreationstrategy.com

You can achieve your dreams! You can give increased life to the world by doing what you love to do. Dare to follow your passion in life. Be bold enough to imagine your desires in great detail, and hold to that vision with emotion and expectation.

Go to my website www.mywealthcreationstrategy.com and register yourself for a free e-book which I’ve written. I hope this is the starting point for you to begin to work miracles in your life and the lives of others around you. You will make a difference in the world. You will fulfill your mission on earth!

WEALTH DYNAMICS - clarifying your vision

Wealth Dynamics

“Wealth Dynamics” matches your personality, natural style and talents with each of the EIGHT ways to create wealth… so you can discover which path to wealth is the right ONE for you.
Click here to see an example of my profile.

I have a dream

I have a dream , I have a dream to help people, who has similar fear and situation like me.. ie. to start businesses. Who has fear of failure or who cannot afford to fail due to family commitments and other matters.
We were told that if you need to have big result you need to take big risk. This is totally wrong. There is a way to get rich with certianty and with minimum risk. I have read a book that has inspired me to start this blog, the book titled Science-Of-Getting-Rich . And I took the Wealth Dynamic Profiling exercise by Roger Hamilton.We can overcome the fear by understanding our Wealth Profile and know that there is a certain way to get rich. Let’s get into the right footing so that the chance of failure is minimised.