Saturday, July 18, 2020

Is Entrepreneurship Right for You

Is Entrepreneurship Right for You Is Entrepreneurship Right for You? Is Entrepreneurship Right for You?Starting your own business can be massively rewarding, but that doesnt mean that being an entrepreneur is right for everyone.The legend of the self-made business person looms large across American history.  But starting a business isn’t for everyone; it comes with its own challenges and advantages.So is it the right choice for you? We spoke to the experts to find out what factors you should consider if you think you might want to become an entrepreneur. The upsides.While owning your own business may not be an ideal goal for everyone, or even most people, it does come with certain advantages. That’s why some people choose to go into entrepreneurship in the first place, after all.“Being an entrepreneur is challenging but also very rewarding,” explained Leslie H. Tayne Esq. (@LeslieHTayneEsq), founder and head attorney at  Tayne Law Group  (@taynelawgroup). “When you’re first starting out, there’s a lot of sacrifices involved and a lot of difficult decisions to make. You’re going to face a lot of obstacles and have to figure out the best answers.But getting your business up and running and achieving all of the milestones, both big and small, along the way feels incredible and makes all of the work worth it. In addition, you’re in control of your own destiny and your own livelihood. That can be a scary thought, especially when success isn’t guaranteed, but that makes the success even sweeter.”Dave Munson, founder and CEO of  Saddleback Leather (@saddlebackbags), listed what he sees as the rewards of entrepreneurship:Knowing that you tried something bold and courageous. Not many people do that.You taught your kids to step out and to take risks and not be afraid of failing.You grow in your understanding and wisdom and so become a better person.It will bolster your resume because of what you learned that you didnt know about before. Youll be able to talk shop with any other business owner because youll see the bu siness as a whole rather than just a department of a business.”The downsides.If starting a business was a magic ticket to as much money as you wanted, everyone would be doing it. But there are many drawbacks. What are they?“There is no easy path to success in entrepreneurship,” warned George Kuhn (@gwkuhn3), president of  Drive Research. “It takes work and a lot of it.In order to be successful, it takes a lot of sacrifices. Sacrificing a steady paycheck. Sacrificing time with friends. Sacrificing time with family. Sacrificing your nights and weekends. It boils down to commitment and the willingness to put in the time and effort.”You’ll also have to have things to sacrifice if you’re looking to make sacrifices. If you don’t have the resources to start a business or the credit necessary to get the resources to start a business, you won’t be able to start a business.So is it right for you?Aside from whether you actually have the means to start a business, there are ot her factors about yourself to consider.“When deciding if entrepreneurship is right for you, a lot of things should be taken into consideration,” advised Anja Smith (@AnjalogAnja), educator and writer with  TradebizToolbox.com. “For instance, are you comfortable making decisions without all of the information? Entrepreneurs make judgment calls all day long.“Are you good at asking for help and delegating? A lot of people think they want to own their own business because they like being in charge. But you cant do it allâ€"a good entrepreneur is resourceful but also knows how to ask for help and hand off tasks that they can.“Of course, risk is a part of entrepreneurship. In that vein, one must consider personal discipline and motivation. The risk of opening a business is much less if you are capable of staying organized and self-motivated. No one is going to tell you to get out of bed but you!”How to prepare.Have you gotten this far and decided you’re still onboard? Then w e’ll leave you with some more advice to help you get started.“The number one thing Id recommend for potential entrepreneurs is to take the time to understand the business youre considering, especially if its a new business model,” James McGrath, co-founder of the NYC real estate brokerage  Yoreevo (@yoreevo), told us.“If youre opening a bakery, thats pretty straightforward you can tally up rent, equipment costs, ingredients, etc and estimate how much you can sell your product for to understand how much business youll need to do in order to make money. Of course you want to make sure you have the best information possible when making those estimates but the information is generally available.“If youre thinking about doing something new, you should think about how it will work but more importantly, also what could go wrong. That was most of our homework before we started Yoreevo. We needed to understand how property listings are distributed, how to participate in that syste m, what the requirements are, how we could be excluded, etc because if anything went awry there, nothing else matters.“You should spend a significant amount of time understanding both your business and the industry before starting a company. If anyone decided to become an entrepreneur overnight, they have not done enough homework.”Beyond research, there are other reasons not to immediately jump into the entrepreneurship pool headfirst.“One of the most effective ways to lower the risk of beginning an entrepreneurial venture is to ensure that you continue in your present working capacity to continue to earn a steady income until your entrepreneurial venture is sustainable,” recommended Nick H. Kamboj (@nkamboj), CEO of  Aston James, LLC .“Furthermore, you can further minimize entrepreneurial risks by initially budgeting for approximately no sales for a period of 6 months and to have enough funds to cover the operating costs. Hence through financial prudence, an entrepreneur can have a considerable amount of confidence knowing that they have a solid financial foundation and thus can focus on the creative aspect of their endeavor.”And be certain to have all of your bases covered.“Get insurance,” urged Tayne. “Make sure your business is insured. If it’s not, you could be in a major financial disaster if a crisis occurs. You don’t want to be at risk of losing everything for both your business and yourself.”Now if you do decide to go into business, you’ll be a bit more prepared. Perhaps we’ll be reading your content blog one day! To learn more about how you can jumpstart your career and up your earning potential, check out these other posts and articles from OppLoans:10 Skills You’ll Need in the Job Market of TomorrowNeed Cash Fast? Try These 10 Great Side Hustles10 Tips to Help You Score That Big Promotion6 Expert Tips to Start Your Side HustleDo you have a   personal finance question youd like us to answer? Let us know! You can find u s  on  Facebook  and  Twitter.  |  InstagramContributorsNick H. Kamboj (@nkamboj) is the CEO of Aston James, LLC an academically focused consultancy and is also the CEO of Aston James Publishing. He is the author of 6 books and has also previously held leadership and executive positions at Microsoft, Xerox, and Accenture respectively. Nick is the recipient of the Microsoft Most Valuable Player Award, Microsoft CPE Award, Microsoft Pinnacle Award, Employee of the Year Award (LANAC), Chandler Case Award (Booth), Bright Idea Award (LANAC), Implementation Award (LANAC), Global Awareness Award (Booth), and two Illinois Governor commendations.George Kuhn (@gwkuhn3) is the Owner President of Drive Research, a Syracuse-based market research company. In under three years, his company has grown to 10 employees and works with organizations across the globe.James McGrath is a co-founder of  Yoreevo (@yoreevo), the tech-driven NYC real estate brokerage dramatically lowering transaction costs for buyers and sellers. Prior to founding Yoreevo, James worked in finance, most recently at Citadel where he researched the housing market.Dave Munson is the founder and CEO of  Saddleback Leather (@saddlebackbags) and their factory in Mexico, Old Mexico Manufacturing. He is passionate about using his business to impact lives and is also passionate about spreading the quality message. He lives in the country outside of Fort Worth, Texas in African Safari tents with his wife, Suzette and two kids and three Labradors.Anja Smith (@AnjalogAnja) is a plumbers daughter and advocate for small business sanity. She is a speaker, author, and entrepreneur at  TradebizToolbox.com.Leslie H. Tayne, Esq.  (@LeslieHTayneEsq) has nearly 20 years’ experience in the practice area of consumer and business financial debt-related services. Leslie is the founder and head attorney at  Tayne Law Group  (@taynelawgroup), which specializes in debt relief.

Thursday, May 21, 2020

Key Characteristics Of A Stakeholder - 1533 Words

Key Characteristics of a Stakeholder There are three methods to describe a stakeholder, the primary, secondary, and key stakeholder. The primary stakeholders are the individuals or groups that can be affected in a positive or negative way. The strength of a stakeholder action within an agency, institution, or organization can bring a positive effect to regulate the benefits of one group or may have a negative effect on another individual or group. For an example of an apartment is rent control this mean that the tenant will benefit and not the owner/landlord (Halbert Ingulli, 2012, p.373). Next, secondary stakeholders are individual or groups are indirectly affected, either positive or negative actions of an agency, institution, or organization. A program to reduce gang violence on our African American youth. For example, this would have a positive effect on emergency room staff by decreasing the number victim they see due to gang violence. This may require more officers on the street to help them handle gang violence. Both of individuals or groups would be secondary stakeholders (Halbert Ingulli, 2012, p.373). Lastly, key stakeholder, who might belong to either the primary or secondary groups, are those who can have a positive or negative effect on an organization. The Chief Executive Officer (CEO) of an organization, for example PharmaCARE, might be a key stakeholder, but so might the sponsor/healer who works directly with consumers. Other examples of a keyShow MoreRelatedThe Purpose of Leadership in Healthcare Essay1336 Words   |  6 Pagesthe vision and coordinating and balancing the conflicts interests of all members and stakeholders. On the other hand, a leader is a person who influences a group of people in order to achieve certain goal. 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FigureRead MoreWhy Do We Use Different Types Of Contracts On Projects?1045 Words   |  5 Pages 2.1 CONTRACT ESTABLISHMENT Why do we use different types of contracts on projects? â€Æ' 2.2 LEARNING OBJECTIVES At the end of this section you will be able to: †¢ Describe the typical contract types †¢ Explain key elements that govern contract type selection †¢ Explain the key principles of agreement between Reliance and the contractor â€Æ' 2.3 CONTRACTS TYPES †¢ Lump Sum – Contractor is required to provide upfront for all risks and costs for performing to contract defined requirements; ContractorRead MoreBusiness For Social Responsibility ( Bsr )1278 Words   |  6 PagesCase Study 1: Stakeholder Mapping Introduction Business for Social Responsibility (BSR) is an international nonprofit organization that aims to â€Å"work with business to create a just and sustainable world† (BSR, 2014). To achieve this mission, BSR promotes collaboration and strategic planning in order to catalyze behavioral change (BSR, 2014). With a mission to drive social and environmental innovation, stakeholder analysis is a core competency at BSR. This organization has developed a five-step modelRead MoreStakeholder Analysis1520 Words   |  7 PagesGroups supported by the DGIS/TMF-BirdLife funding scheme Guidelines on Stakeholder analysis Contents 1. How to identify the stakeholders ................................................................................................................. 1 2. Stakeholder analysis.................................................................................................................................... 1 3. The Stakeholder Analysis Report .....................................................Read MoreStrategic Human Resource Management ( Shrm ) Essay1470 Words   |  6 Pages Baluch, A. M., 2011) in order to keep up with the ever-changing environments of non-profits due to political, environmental and/or social changes. NPOs are different than regular for-profit businesses as they have limited resources and more stakeholders. In order to remain competitive NPOs are re-evaluating their current management systems and are being heavily encouraged to consider the option of results-based management or strategic management. â€Å"Results-based management is a goal-driven, proactiveRead MoreOverview Of Methodologies. Effectuation . Effectual Reasoning1615 Words   |  7 Pageslook at bad news or feedback as potential opportunities (â€Å"What is effectuation?† 2011). 2. Strategic Partnerships - Building relationships with self-selecting stakeholders early on is key so you can co-create the market together (â€Å"What is effectuation?† 2011). Avoid doing a competitive analysis (Sarasvathy, n.d.). Additionally, target key companies instead of conducting broad market research. Developing pre-commitments reduces uncertainty in the future (Sarasvathy, n.d.). 3. Leveraging ContingenciesRead MoreHow To Communicate With Stakeholders In Crisis Communication Case Study1734 Words   |  7 PagesAs stakeholders play such an important role in shaping an organization’s reputation, this study now turns to define what a stakeholder is and how to communicate with stakeholders in the case of crisis. Many communication scholars (e.g. Cooper, 2003; Dougherty, 1992; Gray, Owen, Adams, 1996; Lerbinger, 1997) have asserted that stakeholders are a group of people, or public, that mutually influence an organization. Stakeholders are interested in particular organizations, and in turn, organizationsRead MoreIntegrative Project: Duke Childrens Hospital Case Analysis1018 Words   |  4 Pagesat that time since their rates of satisfaction greatly dropped followed by their productivity and the employee turnover became so great. Generally all the stakeholders to the hospital were affected negatively and in a manner that was open and noticeable. It called for a deliberate effort by the management as well as all the other stakeholders to take steps toward solving the crisis lest the hospital risked closure sooner. This was achieved through implementation of the comprehensive balanced scorecardRead MoreSample Resume : Box D1496 Words   |  6 PagesKEY PLAYERS- a) 1.Shareholders including investors, owners, partners, directors, people owning shares or stock, banks and anyone having a financial stake in the business b) 2. Employees including temporary and permanent staff and managers. KEEP STATISFIED a) Customers including clients, purchasers, consumers and end users- b) Suppliers including manufactures, service providers, consultants and contract labour c) Joint Collaborators KEEP INFORMED a) Society including people in the local communityRead MoreMng301 Strategic Management Possible Questions1462 Words   |  6 Pagesterm â€Å"a competitive advantage?† Provide an example (2) 3. Define the term â€Å"stakeholder† and name eight stakeholders that are associated with most firms (10) 4. Who are the most important stakeholders in an organization; the employees or the shareholders? Why? (2) 5. Differentiate between quantitative and qualitative decisions (2) 6. Briefly discuss the four key elements of the strategic management process (8) 7. Discuss five benefits

Wednesday, May 6, 2020

The Symphony Orchestra At The Usf Concert Hall - 1036 Words

On the afternoon of November 23rd, there was a performance by the USF Symphony Orchestra at the USF Concert Hall. Their performance, which was masterful from beginning to end, featured guest artists Jay Hunsberger on the tuba and Dolly Roberts on the harp. The performance began with Fanfare for the Common Man by Aaron Copland, a piece that started with a bang. The pang of a gong, and the beat of the drums, immediately captured and captivated the audience from the start. The slow build that led up to the trumpets and other brass instruments folding in, possessed an almost militaristic feel. Upon looking into the composer, it was no wonder why the triumphant sounds produced by the brass instruments came off as militaristic. Copland composed the piece during World War II. According to Elizabeth Bergman Crist, Copland: â€Å" . . . committed himself to creating music at once unabashedly modern he committed himself to creating music at once unabashedly modern and identifiably American. The ‘desire to be American was symptomatic of the period,’ he wrote in a later reminiscence. He recalled being ‘anxious to write a work that would immediately be recognized as American in character’ and so turned to jazz as ‘an easy way to be American in musical terms.’ † (â€Å"Music for the Common Man: Aaron Copland During the Depression and War,† p. 3). It is obvious that Copland accomplished his goal of creating â€Å"American† music. Fanfare for the Common Man is an iconic piece, often played in movies

The Conelly’s bond with Roan Inish Free Essays

The film directed by John Sayles; The Secret of Roan Inish is a captivating story about an Irish family; The Coneelly’s. The family’s bond to the island of Roan Inish and the seals that reside nearby is exceptional and mystifying. Why are the Coneelly’s so drawn to the island? The family’s roots on Roan Inish start far back with Fiona’s great great great grandfather Sean Michael who arrives on the island on a prayer. We will write a custom essay sample on The Conelly’s bond with Roan Inish or any similar topic only for you Order Now Another Coneelly; Liam, solidifies the connection to Irish island through his marriage to Nula. Finally the loss of Fiona’s brother Jaime at Roan Inish keeps the island on the mind of the family almost constantly. The Coneelly’s attachment to the Island of Roan Inish is firmly rooted by several factors. One of the most important factors of this revolves around the oldest known member of the family, Sean Michael. Sean Michael was aboard a fishing vessel that capsized; drowning all of the Coneelly fishermen on board except Sean Michael. As the legend tells it; Sean Michael had such a strong soul the sea would not take him. Seals rescued Sean Michael and took him to the island of Roan Inish; where he colonized and single handedly rebuilt the Coneelly family. Another pivotal member of the family is Liam. On the island everyone is family and when it comes time to find a mate the men leave Roan Inish to find their bride. Young Liam indeed left the island to find his bride; on an island not far away he came across a selkie; a half woman, half seal creature. As the legend tells it a man who is able to keep the skin of a seklie will have her affection forever. Liam took that advice seriously and captured the skin; and then rightfully gained her affection. They eventually bore children. Their love of the sea was constant; Nula even suggested they build a cradle for their newborn from wood that once sailed the sea. This cradle was passed down through the Coneelly family for years to come and used as a bassinet for each new Coneelly family member. Eventually Nula comes to realize Liam has been keeping her seal skin; at this point she returns to the sea but the seals always seem to stay close to the island of Roan Inish. Once Nula returns to the sea the Coneelly’s ban the hunting of seals. This is a solid symbolic bond between the Island, Seals and the Family. Finally the last important factor for the family connection to the island is that of young Jaime, Fiona’s brother. After Fiona is told the story about Jaime’s disappearance she becomes obsessed with the idea that Jaime is alive. Fiona makes two trips to Roan Inish before convincing the other family members Jamie exists. On the first trip she is brought to the island by Hugh. Fiona spends a fair amount of time on the island and then spies Jamie in a field. She tries to summon Jamie but he runs away, gets into the family bassinet which he is using as a boat and drifts away. On Fiona’s second trip to the island her boat mysteriously becomes untied from the dock. The boat seems to be lead to the island by way of the Seals. Fiona sees Jamie again and confirms that he is being cared for by the seals. This is another paramount symbol of a strong connection between the Coneelly family and the island. The bond between the Coneelly family and Roan Inish is steadfast and strong. Their ties between the seals and the island run deep. Sean Michael’s colonization of the island starts the great tie between the family, island and seals. Liam’s marriage Nula strengthens the relationship with the seals and symbolizes the connection between the two. The seals overseeing and caring for Jamie after the Coneelly’s left the island proves that the seals and family are one. Theese clues demonstrates that the Coneelly family belongs on the Island of Roan Inish where the seals and family can live together. How to cite The Conelly’s bond with Roan Inish, Papers

Sunday, April 26, 2020

Sexual Child Abuse free essay sample

A definition of this form of abuse and its effects on children. This paper defines various forms of abuse and focuses on sexual abuse on children. It looks at the effects of this abuse from many different angles. It begins by examining the emotional effects which are expressed in the form of traumatic sexualization, stigmatization, betrayal and powerlessness. It also explores the developmental effects, both short term and long term. The paper concludes with a look at Megans Law which requires local authorities to inform a neighborhood if a convicted child molester lives there. Child sexual abuse involves a broad range of sexual behaviors that take place between a child and an older person. These sexual behaviors are planned to erotically stir the older person, commonly without concern for the consequences, choices, or outcome of the behavior upon the child. Definite conducts that are sexually offensive frequently involve bodily contact, such as in the state of sexual kissing, touching, fondling of genitals, and oral, anal, or vaginal contact. We will write a custom essay sample on Sexual Child Abuse or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Nevertheless, behaviors might be sexually abusive even if they do not entail contact, such as in the case of genital exposure, verbal force for sex, and sexual abuse for purposes of prostitution or pornography.

Wednesday, March 18, 2020

Student Outlook on the SATs essays

Student Outlook on the SAT's essays The Sat, scholastic assessment test, is used for colleges to measure what a student may be able to do on any given day. Colleges use it as a basis for whom they accept to their college. The SAT is administered by the ETS, or educational testing service. Overall, the SAT is a long, grueling test that tends to cause mostly anxiety among the test-takers. The SAT is a three hour-long test including two ten-minute breaks after Section Two and Section Four. The SAT is divided into 7 sections, which can appear in any order. The sections include: two thirty-minute Verbal sections with analogies, sentence completions, and critical reading, one fifteen minute Verbal section with critical reading, one thirty minute math section with quantitative comparisons and grid-ins, one thirty minute section with regular math, and another fifteen minute section with regular math. Included among the different sections is a thirty-minute experimental section, which could be either math or verbal, but this section does not affect the test-takers score. The SAT is scored on a scale up to 1600, where you can gain a point for a correct answer, but lose a fraction of a point for an incorrect answer. You neither gain nor lose points for omitting a question. Also included in your score is an automatic 200 points on both your Math and Verbal sections. Additionally, at least a C on the SAT is equivalent to an 1100 on the test. The SAT is administered by in a students high school years, but anybody can sign up to take the test. After a survey of random high school students, grades nine through twelve, results proved that older students tend to recognize the importance of the SATs while younger students didnt understand the test as well. Many students believe that the SAT is not an accurate view of how a student will succeed or perform at college level. Students also agreed that colleges should not consider S...

Monday, March 2, 2020

Review of the Miracle Ball Method

Review of the Miracle Ball Method The Miracle Ball Method is a method of stretching and realigning your spine using a couple of softly inflated, four inch vinyl balls. By laying down on these balls and adjusting their positions you can alleviate stress, improve your alignment, and stretch hard to stretch areas. Why is it Different? By following the method you can aid your bodys healing and recovery through stretching and realignment without the need of a physical therapist or chiropractor. But unlike most of the self-realignment aids on the market, the balls allow you the flexibility to work your entire body from your neck to your feet. Additionally the balls are safe and foolproof. They do not require any difficult postures or erratic movements. You simply lay on them and breath. Does it Deliver? Yes and no. The method is more of a suggestive anecdote. It seems more like it is there to justify spending $15 for a couple of vinyl balls. But on the other hand Im glad I spent $15 for a couple of vinyl balls. The method is not as scientifically rigorous as your might think it should be. But in reality most people would not get that much benefit from it if it was. The book does a good job of communicating the key point, that the location of your pain may not be the location of the problem. In other words your feet might hurt because your hips are out of place. The book also gives you a couple of good ideas of where to start searching for the problem areas. Once youve flipped through the book you can get started with the balls. For the most part you simply place one or two of the balls under you and lay down on them. Then you take some deep breaths until your muscles stretch. Finding the perfect spot might take some time but it will let you get more familiar with your personal body mechanics and that will reap benefits through out the rest of your life. The balls themselves are great. You can not bust them even when stepping on them. And they are the optimal size for safely stretching and realigning your spine and pelvis. Beneficiaries Quite simply everyone can benefit from a set of these Miracle Balls. Daily stretching helps everyone and the Miracle Balls allow you to stretch areas that most people can not stretch on their own. Some groups that will benefit from these tools are: Back Pain SufferersAthletesSlouchersCouch PotatoesJugglers Summary Get a set of these Miracle Balls. That is all there is to it. Stretching on these balls is meditative and therapeutic. They are compact and adaptable for almost any body part. Additionally you will get more in tune with your body and gain a better understanding of your body mechanics by using them. The book, which contains the method, can pretty much be ignored. The balls, though, are worth it. With the Miracle Balls I can quickly release the tension between my shoulder blades (which previously required a trip to the chiropractor), stretch my lower back and unlock my pelvis (which also required a trip to the chiropractor). Not to mention it relaxes me to the point that I could fall asleep right on the floor.