Think Like A Entrepreneur: 5 Things that all entrepreneurs think

It’s the countless success stories of thriving entrepreneurs that people admire and adore. For this reason entrepreneurship is often glamorized and most people overlook all the things that make a good entrepreneur. Let’s take a look at the entrepreneurial mind shall we.

1.)    Entrepreneurs don’t like being bossed around or controlled. Instead they would rather be the controllers of their own destiny. After all their ideas are much better than their former bosses.

2.)    Entrepreneurs are more interested in making money that spending money. You may think that your cereal entrepreneur friend is boring, but the truth is he just prefers making money over lounging in ratchet clubs.

3.)    Entrepreneurs are students of people and problems. It may seem like she’s a little weird of perhaps she seems like a hopeless introvert who hates people and public spaces. The truth is she’s just particular about who she spends her time with. Time and good health are the most valuable resources to an entrepreneur. Entrepreneurs don’t have time to waste, so studying people has become a necessary skill in order to avoid wasting it. For an entrepreneur discovering a problem is the beginning to discovering a solution.

4.)    Entrepreneurs value loyalty and supportive people. Every entrepreneur keeps encouraging and supportive people around in order to maintain their Zen like utopian atmosphere. Dependable people are a rare find and loyalty is almost as rare as a solar eclipse. So if you want to be in the inner circle loyalty and support must be characteristics of yours.

5.)    Last but not least entrepreneurs don’t know how to rest. For many this is a hard lesson to learn. Entrepreneurs love what they do and their passionate about business. Families have suffered, relationships have fallen apart, and friendships have been destroyed in the midst of their pursuits. When you live and breathe entrepreneurship, sometimes it can be heard to step away. Do us all a favor and rest! Take vacations regularly and set aside time to refresh, recharge, and renew yourself. Your business and your body will thank you.

WWW.CLOUD77PRO.COM  TM    ©October  2014 by Ade

What YouTube, Amazon, and Google all have in common

The amount of wealth that each of these three companies have generated over the years is massive. Also, all three brands are global and easy to recognize. What stands out most about them is that most of us can’t identify their founders. There is this belief that people only invest in companies they know and trust. The reality is that people buy into trends, charismatic people, ideologies, and companies that trouble shoot and solve their problems.

As a venture capitalist I have learned to invest in momentum and hard work. One of the luxuries of being a venture capitalist is that people may hate you but they love your investment. For example Donald Sterling’s controversial views have been the subject of debate for years. The moment the media caught wind of his most recent PR nightmare the Clippers franchise he owned continued to operate successfully. Sure some sponsors left and money was loss but overall the company remained successful. In fact even after the incident he continued to capitalize off of several business ventures and investments that remain active.

My point is this investing in others shifts the pressure from you to your investments. You don’t have to be the next Bob Johnson, Oprah Winfrey, or Russell Simmons in order to be a successful entrepreneur. You can be a venture capitalist, angel investor, or silent partner in a corporation. So if you lack charisma or consider yourself a introvert that’s fine and well. Find the model that works for you and go for it.
WWW.CLOUD77PRO.COM  TM    ©October  2014 by Ade

What I learned from playing with LEGO's

You can combine six of the eight-studded LEGO bricks in 915,103,765 ways. As a child Lego’s taught me an amazing lesson about life. With the right pieces you can build just about anything. There is power in solidarity, unity, collectivism, group economics, and working together to better our communities. What if supporting black owned businesses went viral globally? What if we put all our energy into, building each other up over tearing each other down? What if we said I will support you and actually meant it? What if we worked harder to love each other, trust each other, help each other, care for each other, and share with one another, and work together with each other? What if we decided from this day forward we would work hard to support each other no matter what? The truth is if our ancestor did exactly that. As it was before it can also be again. We have the ability to do greater deeds and be better versions of ourselves, today, than we have ever been.                      

Remember those Lego’s from childhood and start creating your anything today.

WWW.CLOUD77PRO.COM  TM    ©October  2014 by Ade

  

Bright Stars and Black empowerment

A bright star can be seen from a far off distance. It illuminates in the sky at night, can be used as a navigational campus for travels in need of direction, In the case of a star, it absorbs all radiation that falls on it, but it also radiates back into space much more than it absorbs. Thus a star is a black body that glows with great brilliance! (An even more perfect black body is a black hole, but of course, it appears truly black, and radiates no light.), and most stars have small amounts of heavier elements like carbon, nitrogen, oxygen and iron, which were created by stars that existed before them. After a star runs out of fuel, it ejects much of its material back into space. New stars are formed from this material. So the material in stars is recycled. Innovation is nothing new to the black community after all we have always been pioneers.

The stories of these amazing entrepreneurs are no different. They have dared to be different in hopes of redefining business and setting new trends. Never under estimate your ability to create the next big idea. We don't always have to invent the wheel, it's alright to tweak, rearrange, and modernizes old ideas.  There are several industries that have been recycled and renewed by contemporary adjustments. Just like the stars that shine so brightly we can recycle material and still shine. Check out the original article below that inspired this blog post.

WWW.CLOUD77PRO.COM  TM    ©October  2014 by Ade



Aspiring mobile entrepreneurs from hair salons to fitness gyms

by Carolyn M. Brown    Posted: June 10, 2014

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Mobile enterprises are gaining in popularity across the country. Entrepreneurs are turning to these businesses on wheels because they are a fairly inexpensive and easy way to start a business. They are not just ice cream trucks or food vendors, mobile businesses have grown to encompass an eclectic mix. Across the country, florists, hair stylists and even dancers are gutting old vehicles and are turning them into decked-out mobile shops, avoiding the overhead costs associated with brick and mortar retail and are galvanizing customers in such cities as New York, Los Angeles, Chicago, Boston, Atlanta, and Austin.

While their business models vary, many of their challenges are the same including gas prices, government regulations, and inclement weather. But for those freewheelers looking to get into the driver’s seat, here are just a few viable businesses that are on the road to success.

1. Dance Studio

Fifteen-year-old Amiya Alexander launched a mobile dance academy, Amiya’s Mobile Dance Academy for Detroit students ages 2 to 12, bringing dance lessons in ballet, tap, jazz, salsa, and hip-hop. Alexander also teaches classes on healthy eating and wellness. With the help of family donations, the teenpreneur invested $20,000 to get her mobile dance studio up and running. That money helped them purchase a 52-passenger school bus. After removing the seats, they installed ballet bars and wood flooring. Today, classes are held inside the big bright pink bus which drives around town to offer affordable and accessible dance lessons for underserved Detroit communities and families. Formal dance instruction can cost anywhere from $30 to $60 per class. With the help of donations, Alexander is able to offer her students a discounted rate of $11.50 per class.

2. Beauty Salon

Taking advantage of the beauty business is New York’s LeMetric Mobile Hair and Beauty Studio. In 1987, Elline Surianello founded LeMetric Hair and Beauty Studio, a midtown Manhattan-based full-service hair salon that offers styling and custom hair systems and extensions as well as beauty services, such as facial masks and hand/foot treatments. About a year ago, Surianello decided to purchase a Mercedes-Benz Sprinter van and had it custom-built into a beauty shop on wheels that offers blowouts and cuts in front of your office much like those popular street food trucks. Other mobile services include many of the same brick and mortar services including hair styling and extensions, makeup applications, and spray tanning. Outfitted with comfortable seating and even a runway, Surianello’s truck and her team can service busy working women or entire parties of ladies looking for a fun way to get ready for a big event like a dream wedding, doing hair, nails, eyelashes, and more. Check out these three other intriguing mobile businesses from Kiplinger’s.

3. Testing Lab

Jared Rosenthal’s mobile DNA-and drug-testing lab, called Who’s Your Daddy?, is  housed in a retrofitted RV. From the inside of his office-slash-testing-site, Rosenthal can take patient samples, file paperwork and send the samples to a remote lab – for $79 to $599 a pop. Setting up the truck wasn’t easy, and Rosenthal struggled to get a loan. But now, he enjoys a steady business at hospitals, jails, job fairs and accident sites across the tri-state area. In addition to paying for gas for the RV and its generator, Rosenthal shells out for frequent maintenance, weekly washings, $400 a month for insurance, and employee salaries. In order to save money, he ends up doing a lot of menial tasks, such as driving and fixing the truck himself.

4. Fitness Gym

Personal trainer Rick Harper operates the Boxing Bus. He ran a chain of successful gyms, Box 2B Fit, for two years. While business at his boxing clubs and boot camps was pretty brisk, some customers wanted him to come to them. So he bought an old vehicle for $1,000, installed a new sound system and some gym equipment, and took to the streets of Raleigh, North Carolina. Most of Harper’s Boxing Bus business comes from regularly scheduled home visits, though about one-fifth of his clients are companies that hire the bus for employee use. In addition to convincing some customers of the value of mobile fitness stations, Harper’s s bigger struggle is fluctuating gas prices. Despite that needling concern, he turns a tidy profit.

5. Flower Shop

Retail space in trendy Santa Monica can run as much as $15 per square foot, but in her mobile flower shop, Jenifer Kaplan never has to worry about rent. The Flower Truck, a converted ice cream truck that Kaplan found on Craigslist, picks up flowers at a wholesale market every morning and cruises around Venice, Santa Monica, and Beverly Hills, selling bouquets to passers-by. Kaplan started the business with a $15,000 investment. After finding the truck, she spent two months repairing and retrofitting it before hitting the road on Valentine’s Day 2011.The truck makes frequent appearances at street fairs and farmers’ markets, as well as at private events, such as weddings and business functions.

5 Great Ideas For Businesses On Wheels - Black Enterprise: http://www.blackenterprise.com/small-business/5-great-ideas-for-businesses-on-wheels/