Blog Archives
Why Apple’s iPhone 5 Set a Sales Record
2 million pre-orders in 24 hours is what Apple recorded for the long-awaited arrival of its much-anticipated iPhone 5. That is double the amount of pre-order sales recorded last year for the iPhone 4. Insane right? During these trying economic times it speaks volumes about what can be accomplished with the right formula in your possession. Apple seems to have found the right formula when it comes to the products it provides and the messages of innovation that go hand in hand with their production. Apple’s two main attractions; the iPhone and iPad always seem to produce hyper anticipation but why is this so? Simply put they understand the needs and wants of their market? Read the rest of this entry
Why a Strategy is Important
Have you noticed that when you try to do something all at once you usually fail? You are so determined to do everything at the same time causing yourself to waste more time rather than being productive with your time. You are operating in a blur rather than streamlining your actions in an efficient manner which allows you to actually perform well. Maybe it is due to the instant society we live within that makes us believe everything has to come about in an instant manner. The results of having such a mindset though has revealed that instant satisfaction almost certainly brings with it instant failure. Read the rest of this entry
Does July 4th Still Represent America’s Independence?
It is July 4th; fireworks are being exploded, barbeques are being cooked and people are enjoying the holiday as a whole. Today is supposed to represent a day of independence but does the concept of the day still apply in our present state of affairs? America is in a dismal state and most people who live within its boundaries reflect this sentiment. The independence we are celebrating seems to be a farce since our future independence as a leading nation is in danger. Read the rest of this entry
Can Entrepreneurs Create Enough Jobs?
As many of you may know, we will be voting in November to elect a new president or voting to have our current one stick around for four more years. Now I do not want to make this a political post but have pointed out this fact because two issues will be of critical importance during their campaigning process: the economy and job creation. These are two issues that everyone wants answered but contrarily produces answers that everyone does not agree with. Ideas and opinions tend to cause those type of reactions though because everyone does not have the same experiences or views as to how the world should operate. This is where we come to those people who hold certain ideas and viewpoints and see to it that they are put into motion in order to provide a solution. These people can be your political leaders, your corporate leaders, your community leaders or those we call entrepreneurs. For this post we will focus on those called entrepreneurs. Read the rest of this entry
Can I Become an Entrepreneur?
In today’s challenging job market and economic climate, being an entrepreneur seems like the most rewarding employment status. What most people do not realize about entrepreneurship though is that it is not as simple as it seems. Having a business idea, establishing that business idea and reaping the benefits of that business should be pretty simple right? Well not exactly. Countless numbers of people come up with ideas for a promising product or service but do not possess the ability to make those ideas functional. This is one of the most difficult things about entrepreneurship; moving from idea to execution but even with this difficulty people are still venturing towards entrepreneurship. So the almighty question people are asking is, “Can I become an entrepreneur?” Read the rest of this entry
Making Something Out of Nothing
The world we live in today is not the same as it was in the past. What we exist in today had to be developed over time and had to be done so with innovative, forward thinking. But before all the advancement in technology and intelligence; the world was a place completely void of the luxuries we are fortunately granted today. We as humans had to adapt to the environment around us and upon adaptation had to develop our environment in order to suit our needs. So as we fast forward in time we evolved from communicating through grunts and drawings to communicating through social media. We came from traveling by foot and horseback to traveling by cars and planes. I point out all of this to illustrate the fact that as an entrepreneur you cannot be afraid to take on the challenge of creating something out of nothing. Read the rest of this entry
Understanding The Global Economy
Lately you may have been hearing the terms “global economy” and “global competitiveness”. Just as the name states the global economy is an economy that is dependent on production and consumption on a global scale. This means that production at one place can equate to products being consumed at another location thousands of miles away. This would seem like a great situation but the advantages of a global economy can sometimes seem minimal compared to its disadvantages. What disadvantages can come from a globally connected marketplace you may ask. Let’s take a look at the global economy and how it shapes the economy and job market we all operate within. Read the rest of this entry
Lessons Learned from The Godfather
If I have not mentioned it before; gangster crime films and series provide some of the best entertainment and education for me. The strategic planning and business savvy these stories depict demonstrate the complexity of human nature and the lengths people go to in order to be well off in this tough competitive world. About 2 weeks ago it was the 40th anniversary of The Godfathers creation so the film saga was being shown throughout the week. While watching the films I begin to really see the entrepreneurial and the business mindset that was an important aspect within the film’s storyline. Even though the film saga revolves around crime the business element speaks loudly and illustrates that entrepreneurship was an integral part of the Corleone crime empire. Read the rest of this entry
What is Entrepreneurial Thinking?
Lately you might be hearing the terms “entrepreneurial mindset” and “think like an entrepreneur” being used a lot. Viewing things within an entrepreneur lens and operating like an entrepreneur has become the latest trend or better yet the latest business philosophy. This way of thinking and doing things is now being identified as the best way to produce innovative ideas and to help towards developing a vibrant job market. But what many people want to know is; “what is entrepreneurial thinking and how do I acquire it?” Read the rest of this entry
Allergic to This Economic Climate
Today’s economy sucks for most people who live within it. The economy was in a downward spiral beginning in 2008 and now has stagnated without seeing any significant growth or improvement. For most people this economic climate presents a challenging situation that inhibits their ability to live the “American Dream” on America’s own soil. Once the downturn hit it spread from person to person, business to business and state to state creating a paralyzing environment that restricts positive opportunities from being realized by most. The problem that is then produced is lost confidence and with lost confidence comes collective reasoning on why not to try hard and just give up during these tough times. Read the rest of this entry
