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	<title>Mount Pearl Chamber &#187; small business</title>
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		<title>Learn Entrepreneurship Online</title>
		<link>http://www.mountpearlchamber.com/207/learn-entrepreneurship-online</link>
		<comments>http://www.mountpearlchamber.com/207/learn-entrepreneurship-online#comments</comments>
		<pubDate>Sun, 02 Jan 2011 10:52:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
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		<guid isPermaLink="false">http://www.mountpearlchamber.com/?p=207</guid>
		<description><![CDATA[If you are willing to take some risks, are really fed up with living under a boss, and think that all the uncertainty with jobs need not be faced because there are plenty of other things to do then you just might be the next big entrepreneur because you are already thinking like one. Before [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">If you are willing to take some risks, are really fed up with living under a boss, and think that all the uncertainty with jobs need not be faced because there are plenty of other things to do then you just might be the next big entrepreneur because you are already thinking like one. Before your start typing your resignation letter you should consider going through some entrepreneurship course so that you know exactly what you need to do as one.</p>
<p style="text-align: justify;">If you do not have enough time to enroll in a regular course then do not stress it. You can always join a distance-learning course and attend classes on the Internet. In other words, you can learn entrepreneurship online. Not only is this convenient but it is also a whole lot cheaper. Many accredited universities also offer online programs for working professionals.</p>
<p><span id="more-207"></span></p>
<p style="text-align: justify;">Here are some of the programs that would be of interest to you. If you have an associates degree or a high school diploma then you can opt for this course that teaches things like marketing management, entrepreneurial finance, product development, business law, and so on. If you want you could go for a bachelor&#8217;s degree course in Business Administration or Small Business and Entrepreneurship. If you are working full time then you should go for an Associate or Bachelor degree in Business Administration or Entrepreneurship that permits you to take classes on the Internet.</p>
<p style="text-align: justify;">If you are already a graduate then you can also do your MBA (Master&#8217;s of Business Administration) online. The MBA course will teach you how to analyze your business and develop the right strategies, how to write business plans, and also introduce you to several case studies of businesses and their marketing strategies.<br />
Business communication is another vital aspect of entrepreneurship and you can get a Masters of Arts in Business Communication from many good online universities.</p>
<p style="text-align: justify;">Online education through a virtual campus is slightly different than attending a college full time but for the most part it is a good experience. Your classroom is waiting for your 24 hours a day and you can just hook up to the Internet and continue your education when you find convenient. Some universities even include video options where you can chat with faculty and other students to make the whole thing more personal.</p>
<p style="text-align: justify;">If you believe that you have what it takes to be a successful entrepreneur then should seriously consider taking one of the above courses to sharpen your skills with a bit of formal education before starting your business.</p>
<p style="text-align: justify;">Steve Seah, a Singaporean Chinese studying entrepreneurship. Wants to share his understanding about entrepreneurship and strategy of wealth creations with the world. To grab free reports and ebook, visit http://www.mywealthcreationstrategy.com and/or http://www.entrepreneur2b.com</p>
<p style="text-align: justify;">Article Source: http://EzineArticles.com/?expert=Steve_Seah</p>
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		<title>Growing Our Own Entrepreneurs: A New Model for Black Entrepreneurship</title>
		<link>http://www.mountpearlchamber.com/158/growing-our-own-entrepreneurs-a-new-model-for-black-entrepreneurship</link>
		<comments>http://www.mountpearlchamber.com/158/growing-our-own-entrepreneurs-a-new-model-for-black-entrepreneurship#comments</comments>
		<pubDate>Thu, 23 Sep 2010 19:04:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[business coach]]></category>
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		<guid isPermaLink="false">http://www.mountpearlchamber.com/?p=158</guid>
		<description><![CDATA[Given the effect of business ownership on the Black community and the widening wealth gap between Black and White Americans, it&#8217;s time to invest in our future and prepare our youth for careers as entrepreneurs. This article discusses the need for and lessons learned from youth entrepreneurship education for Black youth.
Middle and high school Black [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Given the effect of business ownership on the Black community and the widening wealth gap between Black and White Americans, it&#8217;s time to invest in our future and prepare our youth for careers as entrepreneurs. This article discusses the need for and lessons learned from youth entrepreneurship education for Black youth.</p>
<p style="text-align: justify;">Middle and high school Black students, especially those who find themselves struggling academically, too often complain that school seems irrelevant to both their present and future lives. The lack of understanding these students have about the workings of the market&#8211;and their place in it&#8211;systematically denies them opportunities for pursuing their dreams. Consequently, without dreams to pursue, many Black youth have little reason to invest in education and their own development.</p>
<p><span id="more-158"></span></p>
<p style="text-align: justify;">Previous research has revealed that Black youth have the highest entrepreneurial expectations amongst Asian, Hispanic and White youth. However, research also shows that Black youth do not have access to enough entrepreneurial programs to convert their desire into achievement. Thus, there is need to create more entrepreneurial programs for Black youth with relevant vision, goals and objectives.</p>
<p style="text-align: justify;">A 1999 study by the Office of Advocacy in the U.S. Small Business Administration estimates that between 1987 and 1997, the number of minority-owned businesses more than doubled. The revenues and number of employees nearly quadrupled.</p>
<p style="text-align: justify;">Much of this growth, however, came from recently arrived Asian and Hispanic immigrants. Moreover, Asians produced more than half of the half billion dollars in revenue minority businesses generated in 1997.</p>
<p style="text-align: justify;">To help counter this trend, youth entrepreneurial programs have sprung up that train youth in Black communities. Here are some examples:</p>
<p style="text-align: justify;">* The National Foundation for Teaching Entrepreneurship (NFTE) teaches the fundamentals of business to more than 4,000 low-income kids a year. Its business model is typical of all the youth entrepreneurial programs.</p>
<p style="text-align: justify;">* The NAACP recently launched its $1 million Reginald F. Lewis Youth Entrepreneurial Institute, which helps young entrepreneurs write and implement business plans.<br />
* Under the slogan, &#8220;It&#8217;s dough money, not dope money,&#8221; Champs Cookies Youth Entrepreneurship Society trains 60 African-American children a year how to manufacture and market their edible products in the nation&#8217;s capital.<br />
On the surface, these programs seem highly beneficial, but after a closer look, questions arise about the lessons being taught.</p>
<p style="text-align: justify;">WHAT PRODUCTS AND SERVICES ARE CONSIDERED?</p>
<p style="text-align: justify;">Are Black youth taught to produce items genuinely needed by the community, or Pet Rocks and Saturday Night Specials? The business product used by NFTE throughout its materials is T-shirt silk-screening. The only important product consideration, according to NFTE, is that the product &#8220;must satisfy a need of the consumer,&#8221; not the many needs of the community.</p>
<p style="text-align: justify;">WHAT EMPLOYEE POLICY IS TAUGHT?</p>
<p style="text-align: justify;">When you learn how to be an effective entrepreneur, you also learn the importance of paying livable wages and giving health-care coverage to your employees. The NFTE training program has a section on &#8220;ethical business behavior,&#8221; but the focus is on ensuring that customers feel you are punctual, reliable, courteous, and well dressed, and that employees do not feel &#8220;used&#8221; &#8211; no mention is made of the role of wages or benefits.</p>
<p style="text-align: justify;">WHO OWNS THE EQUIPMENT AND MATERIALS?</p>
<p style="text-align: justify;">Is the ownership local, or is it a branch of Starkest Inc. with little commitment to the community? The NFTE entrepreneurship materials teach that: &#8220;Businesses come in three basic legal structures: The sole proprietorship, the partnership, and the corporations.&#8221; However, the most popular business ownership structures in the community &#8211; cooperatives, municipally owned, and community stock-held companies &#8211; are not even mentioned.</p>
<p style="text-align: justify;">Too many youth entrepreneurship programs measure success by the number of local companies that become publicly owned, stock trading companies and the number of entrepreneurs transformed into millionaires.</p>
<p style="text-align: justify;">This is not good because when a company goes public the ownership link to a community is usually broken. A dozen thousandaires who keep ownership of their businesses local are far more important to the community&#8217;s well being than one millionaire.</p>
<p style="text-align: justify;">Unless an enterprise is anchored to the community through dispersed ownership, its owners are likely &#8211; once successful &#8211; to move to the suburbs (or, if they are successful, locate offshore in Mexico, India, etc). When that happens, of course, the economic multiplier and tax payments no longer benefit the community.</p>
<p style="text-align: justify;">On the other hand, businesses owned by community residents, can become long-term assets for local development. Unlike their global competitors with no ties to place, who tend to flee when labor and environmental standards rise.</p>
<p style="text-align: justify;">One of the few National Football League teams that has not tried to extort a new stadium or other bribes from the community by threatening to move if its demands were not met is the Green Bay Packers &#8211; a community-owned nonprofit.</p>
<p style="text-align: justify;">TIME FOR A NEW MODEL</p>
<p style="text-align: justify;">With the widespread, poverty, homelessness, unemployment, underemployment, unhealthiness and criminality in the Black community, a new model of entrepreneurship needs to emerge. If we seriously want to improve our situation, we must strengthen our collective economic position.</p>
<p style="text-align: justify;">This means working cooperatively. It also means the motive of men becomes increasing the quality of community instead of increasing profit in their pockets. Increased profit will come later from the more efficient production of literate, healthy and happier Black people in the community.</p>
<p style="text-align: justify;">The new model is important for several reasons:<br />
First, it comes from the united efforts of Streets University, Ikoja, Weed and Seed, local Black entrepreneurs, community-focused activists, and philanthropists.</p>
<p style="text-align: justify;">Second, it addresses the What, How, and Who (quality of community attributes). The new model teaches Black youth that fulfilling unmet local needs is, by definition, going to be better for the community than exporting yo-yos. This new model uses the follows the powerful tactics and strategies laid out by a website like http://www.inside-secrets-for-black-business-development.com<br />
.<br />
One such program is Urban SEED (Sustainable Economic and Environmental Development), based in Alameda, California, which encourages its trainees to focus on micro enterprises that grow organic food and generate renewable energy.</p>
<p style="text-align: justify;">Another is the Detroit Farmers Cooperative, which operates seven community gardens and five neighborhood-based markets, all run by seven young African Americans, 14 to 16 years old. In addition, the Hope Takes Root program in Detroit employs homeless men to grow food for local meals programs for the poor.</p>
<p style="text-align: justify;">Third, a community that moves toward self-reliance is often rewarded with a higher economic multiplier. Economists sometimes say that a community should be indifferent about whether a new business produces $100,000 worth of apples for export or $100,000 worth of apples for local consumption, since each injects $100,000 of productive activity into the local economy.</p>
<p style="text-align: justify;">However, there is a difference. In both cases, the business realizes $100,000 of sales and re-spends it in the local economy. However, in the latter case, consumers also spend $100,000 locally that they otherwise would have had to spend outside the community to import apples.<br />
Every time a community chooses to import an item it could just as easily make for itself, it is giving away another piece of its multiplier.</p>
<p style="text-align: justify;">Finally, a self-reliant community enjoys greater tax receipts. Again, the business taxes from the $100,000 exporter and the $100,000 import-replacer are identical.</p>
<p style="text-align: justify;">To satisfy the need for a new model of community-focused entrepreneurial education for Black youth, Rightbrain Initiative, Ikoja, and Weed and Seed launched Streets University.<br />
Streets University is a youth entrepreneurial education program taught by experienced facilitators with both academic and industry experience. It consist of six weekly 4-hour classes, designed to transfer basic business know-how , as well as, teach Black youth about products genuinely needed by the Black community, treating employees properly and bringing economic control to the community. The series includes a business-learning workbook that gives practical, hands-on, how-to instructions and email address for each student. A typical class consists of the business lesson, cultural impact, and workshop and group breakout sessions.</p>
<p style="text-align: justify;">This article has discussed the need for and lessons learned from youth entrepreneurship education for Black youth.</p>
<p style="text-align: justify;">In conclusion, a new model of youth entrepreneurship education, Streets University, has been developed. It comes from the collaborative efforts of Rightbrain Initiative, Ikoja, Weed and Seed, Black entrepreneurs, community-focused activists, and philanthropists. The new model addresses the need for more entrepreneurial education for Black youth, the What, How and Who quality of community attributes and moves toward self -reliance.<br />
Please help build a better tomorrow for our children and community by supporting Streets University with your encouragement, sponsorships, and resources.</p>
<p style="text-align: justify;">Known for his keen insight and organizational skills, Lawrence Spearman has been a practicing problem solver in the Dallas/Fort Worth metroplex for over 10 years. An honored graduate of North Carolina A&amp;T State University in Greensboro, North Carolina, where he received a bachelor of mechanical engineering degree, Lawrence has received numerous awards for his work in corporate and personal business.</p>
<p style="text-align: justify;">In 1991 his work at LTV Aircraft Product Group was singled out for the book, “Practical Applications in Artificial Intelligence”, by Patricia Lindsey, In 1993 his clothing company, Fresh Active wear, was honored by Imprint magazine as being the best new screen print business in the state of Texas. Today as facilitator of Spearman Group, a team of Black business coaches, his work has earned him a loyal following among clients.</p>
<p style="text-align: justify;">Engaged in a diversity of business disciplines, from marketing, to copy writing, to business planning, to database development, to contract identification and authoring, to financial analysis …. Lawrence’s nu</p>
<p style="text-align: justify;">Article Source: http://EzineArticles.com/?expert=Lawrence_Spearman</p>
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		<title>Entrepreneurship in Real Estate Businesses</title>
		<link>http://www.mountpearlchamber.com/155/entrepreneurship-in-real-estate-businesses</link>
		<comments>http://www.mountpearlchamber.com/155/entrepreneurship-in-real-estate-businesses#comments</comments>
		<pubDate>Wed, 08 Sep 2010 19:02:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
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		<description><![CDATA[What is Entrepreneurship?
Entrepreneurs are the people who start or organize commercial institutes, particularly those involving any kind of financial risk. You ask anybody today and he will get ready to become an entrepreneur. If we observe the economic activities going on all over the world, it seems that everybody has already become an entrepreneur. Entrepreneurship [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">What is Entrepreneurship?</p>
<p style="text-align: justify;">Entrepreneurs are the people who start or organize commercial institutes, particularly those involving any kind of financial risk. You ask anybody today and he will get ready to become an entrepreneur. If we observe the economic activities going on all over the world, it seems that everybody has already become an entrepreneur. Entrepreneurship is not the privilege of the Chief Executive Officers of mega corporations only. A person playing three-card games at Times Square is also an entrepreneur. Entrepreneurship is a quality that is applicable in politicians, cab drivers, college presidents, and bookies.</p>
<p style="text-align: justify;">Like in any other field for successful entrepreneurship, in the real estate business you need to understand the importance of location, location, and location. You cannot take it for granted when you buy any property for your business or sign any lease. Entrepreneurship in real estate business requires careful selection of the broker no matter whether you are buying the property or selling it. You also have to learn how to understand the present scenario of the real estate market and the current valuations of the properties. In addition, you should also need to master the art of strategic planning for both selling and buying the properties.</p>
<p><span id="more-155"></span></p>
<p style="text-align: justify;">Keep Yourself Informed</p>
<p style="text-align: justify;">No entrepreneur in the field of real estate ever knows too much about the market. They have to make constant efforts to gather information regarding the latest trends in the industry. They have to keep on thinking about the factors that can affect their investments, their clients, and their overall businesses. Some of the important factors are changes in the tax laws, development of new highway routes, changes in technology, and zoning.</p>
<p style="text-align: justify;">Natural Instinct Required</p>
<p style="text-align: justify;">To get success in the real estate business, you must possess a natural entrepreneurial instinct. Moreover, you also need to be process-oriented. You should have the capability of looking far into the future and identifying the good business opportunities. If you are successful in entrepreneurship in the real estate business, you can get success in any kind of venture. In addition to having a basic knowledge of this business, economy and other global factors, you must be comfortable using computers. Knowing the use of spreadsheets, word processors, databases, graphical analysis, and the geographic system of information is very useful for entrepreneurship in real estate business.</p>
<p style="text-align: justify;">NO Quick Bucks</p>
<p style="text-align: justify;">Finally, if you plan to start entrepreneurship in the real estate business, understand clearly that you are not going to get any quick buck, as it looks from outside. Like any other business, the real estate business also takes time before you cultivate the customers and start enjoying the inflow of money. However, the time, efforts and the attention given to the business never go in vain and sooner or later, you are going to get the positive results.</p>
<p style="text-align: justify;">Alexander Gordon is a writer for http://www.smallbusinessconsulting.com &#8211; The Small Business Consulting Community. Sign-up for the free success steps newsletter and get our booklet valued at $24.95 for free as a special bonus. The newsletter provides daily strategies on starting and significantly growing a business.</p>
<p style="text-align: justify;">Business Owners all across the country are joining &#8220;The Community of Small Business Owners” to receive and provide strategies, insight, tips, support and more on starting, managing, growing, and selling their businesses. As a member, you will have access to true Millionaire Business Owners who will provide strategies and tips from their real-life experiences.</p>
<p style="text-align: justify;">Article Source: http://EzineArticles.com/?expert=Alexander_Gordon</p>
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		<title>The Keys to Successful Entrepreneurship Are Preparation and Planning</title>
		<link>http://www.mountpearlchamber.com/146/the-keys-to-successful-entrepreneurship-are-preparation-and-planning</link>
		<comments>http://www.mountpearlchamber.com/146/the-keys-to-successful-entrepreneurship-are-preparation-and-planning#comments</comments>
		<pubDate>Tue, 03 Aug 2010 14:24:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Entrepreneurship is very appealing to women in leadership. You get to be your own boss and the challenges of building your own business can be exciting. Is entrepreneurship something that you have considered? Perhaps the idea of working for yourself sounds appealing, but you don&#8217;t know where to begin. Maybe you&#8217;ve worked a full-time job [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Entrepreneurship is very appealing to women in leadership. You get to be your own boss and the challenges of building your own business can be exciting. Is entrepreneurship something that you have considered? Perhaps the idea of working for yourself sounds appealing, but you don&#8217;t know where to begin. Maybe you&#8217;ve worked a full-time job all of your life and are afraid of what working on your own might mean. Here are some things to consider as you think about entrepreneurship.</p>
<p style="text-align: justify;">Entrepreneurship is very appealing to women in leadership. You get to be your own boss and the challenges of building your own business can be exciting. Is entrepreneurship something that you have considered? Perhaps the idea of working for yourself sounds appealing, but you don&#8217;t know where to begin. Maybe you&#8217;ve worked a full-time job all of your life and are afraid of what working on your own might mean. Here are some things to consider as you think about entrepreneurship.</p>
<p><span id="more-146"></span></p>
<p style="text-align: justify;">1) Get your spouse&#8217;s support: Starting your own business will take a lot of mental and physical stamina. You will work long hours and will likely spend many days and nights away from home networking, marketing and building your business from the ground up. Be sure to discuss what entrepreneurship will mean with your spouse and get his/her buy-in. Having your spouse&#8217;s support and partnership as you take on a new endeavor will provide you with the extra fuel that you need when the going gets tough.</p>
<p style="text-align: justify;">2) Get your financial house in order: Entrepreneurship is rewarding, but also very risky. In fact, many small businesses spend more than they make the first year of business. Before you take the plunge, work to clear your consumer debt and create a nest-egg that you will be able to rely on. Perhaps you want to cut back on your hours at work to ensure that you still have some steady income and health benefits while you develop your small business.</p>
<p style="text-align: justify;">3) Plan and prepare: According to the Small Business Administration, 50% of small businesses fail within the first year. One of the primary reasons they fail is lack of planning and preparation. Take the time to get advice from the Small Business Administration or local economic development corporation. You may even decide to invest in a business coach who can help you develop a solid business plan and marketing strategy.</p>
<p style="text-align: justify;">4) Stay focused: Entrepreneurship requires self-motivation, stamina, persistence and focus. You will need to program your mind for success. In order to do so, surround yourself with other like minded individuals. Join your local Chamber of Commerce or join a mastermind group. Both will offer you the opportunity to network with other entrepreneurs who can share in your experience, provide helpful advice and even offer strategic partnership opportunities.</p>
<p style="text-align: justify;">There is a lot to consider before becoming an entrepreneur, but if you plan and prepare it can be extremely rewarding and fulfilling.</p>
<p style="text-align: justify;">Ellie Nieves, Esq. is a Speaker, Writer and Leadership Coach. Through 55-minute telephone coaching sessions and live seminars, she helps women develop leadership skills, set strategic goals, bolster effectiveness and create a personal brand. To learn more go to http://www.LeadershipStrategiesForWomen.com.</p>
<p style="text-align: justify;">Article Source: http://EzineArticles.com/?expert=Ellie_Nieves</p>
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		<title>Entrepreneurship in the US</title>
		<link>http://www.mountpearlchamber.com/82/entrepreneurship-in-the-us</link>
		<comments>http://www.mountpearlchamber.com/82/entrepreneurship-in-the-us#comments</comments>
		<pubDate>Wed, 10 Mar 2010 09:41:29 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Introduction
Entrepreneurship is in full vogue in America. Small-business activities and growth is at its peak. About 2346 of small businesses are established each day! No doubt that most of it get disestablished each day, approximately 2106 every day! But this buzzing activity is keeping entrepreneurship alive. There are approximately 5.8 million firms in America, and [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Introduction</p>
<p style="text-align: justify;">Entrepreneurship is in full vogue in America. Small-business activities and growth is at its peak. About 2346 of small businesses are established each day! No doubt that most of it get disestablished each day, approximately 2106 every day! But this buzzing activity is keeping entrepreneurship alive. There are approximately 5.8 million firms in America, and nearly 10.1 million people working there are self employed.</p>
<p style="text-align: justify;">Small business and industry hold a huge portion in the American economy. There is a plethora of small and medium entrepreneurs in America which constitute to major chunk of revenue and employment opportunities. The statistical data summarized and presented below in this context gives weightage to the aforesaid.</p>
<p><span id="more-82"></span></p>
<p style="text-align: justify;">o Approximately 99% of businesses in America are small.</p>
<p style="text-align: justify;">o The small business employs about 50% of the private sector workers.</p>
<p style="text-align: justify;">o The small business adds about 75% per annum to the U.S. economy</p>
<p style="text-align: justify;">o The small business represents the total strength of 99.7% employers</p>
<p style="text-align: justify;">The dedication, innovation and initiative of small business owners make them an important part of the U.S. economy. The ample of opportunities provided by the small business makes them all the more popular. Small entrepreneurs provide means of livelihood to approximately to half of America. Indeed the job of small entrepreneurs is not easy but tough work gives them satisfying rewards. The popularity of small business is primarily because it gives freedom and flexibility to an individual. This in turn gives innovative ideas to the enterprise which encourages growth and productivity.</p>
<p style="text-align: justify;">But the small entrepreneurs cannot run the entire show on their own. The U.S. economy plays a vital role in encouraging these players to nurture themselves into the economy. It provides affable environment and complimenting policies in order to allow them to flourish.</p>
<p style="text-align: justify;">In order to construct workable environment, in which small businesses in the U.S. economy can prosper, President George W. Bush has tied with private-sector and nonprofit organizations to focus aptitude, skill, and other assets on facilitating economic development and enterprise all across America, and particularly in otherwise neglected areas. All these sectors have joined hands and are now educating people to lure them in entrepreneurship making it all the more popular and effective.</p>
<p style="text-align: justify;">Entrepreneurship and Population</p>
<p style="text-align: justify;">The trend shows that people in between the age group of 25 and 34 have strong inclination towards entrepreneurship.</p>
<p style="text-align: justify;">Another facet to entrepreneurship in the U.S. is that in comparison to women, men are more inclined towards such opportunities. Almost 15.7 percent of the men show interest in entrepreneurship. On the other hand women count to 8.2 percent only. This indicates that in comparison to women, men exhibit almost double interest in entrepreneurship</p>
<p style="text-align: justify;">People having specialized, professional, technical or business school degrees show greater inclination in entrepreneurship in the U.S. This was to almost 17.8 percent of the total entrepreneurial activity.</p>
<p style="text-align: justify;">African- Americans contributed to the maximum TEA or Total Entrepreneurial Activity. The TEA rate of African Americans is almost 16.5 percent. Surprisingly the lowest rates are of white Americans of about 10.8 percent only, whereas the Hispanic Americans exhibit a rate of 15.2 percent.</p>
<p style="text-align: justify;">Entrepreneurship and Financing</p>
<p style="text-align: justify;">Financing of viable projects is an important aspect in the entrepreneurship. In the absence of sufficient investors, the ventures cannot take the shape of a working model. Mere conception of idea and jotting the same in black and white does not give wings to the project to take off. It is the life blood that supports both budding and existing entrepreneurs. The investment can be either in the form of informal or formal venture capital. America shows a high prevalence rate of informal investments. As per data 5 percent of people have contributed to the business ventures of their family or friends in their past three years. The formal venture investment accounted to only 0.2 percent of the total. Where the informal investment went to millions of companies in the United States, the formal investment contributed its presence to only 2500 companies in which the new venture very few.</p>
<p style="text-align: justify;">Cultural and Social Norms</p>
<p style="text-align: justify;">Entrepreneurs are a group of people who foresee a business opportunity, explore its viability and start the venture. The rate of growth of every country&#8217;s growth largely depends on the cultural and social norms prevalent in that country. American culture has been characterized as one seeking opportunities for new ideas and involving high risk taking in business. In fact, the culture supports the entrepreneurial development and the world index shows higher degree of entrepreneurial activities and opportunities in the U.S. as compared with other countries.</p>
<p style="text-align: justify;">It has also been a consistent feature of the U.S. population that they possess strong perception of having the required skills for business, they are relatively less scared with failures and always strive towards new ventures and unexploited business ideas. Overall, the nation&#8217;s culture determines to what extent the social norms are encouraging the individuals&#8217; intentions to conduct business in the country. The social and cultural norms are therefore vital to the growth of entrepreneurial sector of any economy.</p>
<p style="text-align: justify;">To Sum Up</p>
<p style="text-align: justify;">Entrepreneurship in the United States has been always on the upward trend and still continues to do so. The United States outshines the rest of the world in terms of entrepreneurial growth. It also leads in providing training and growth opportunities, to the individuals who show interest in this field. With the ever increasing popularity of internet the entrepreneurship in America has taken new dimensions and the pace of economic development has speeded up. Immigrants from all over the globe make United States their final destination to prosper in life. The large number of small business prospering in the country, employing more and more population of the country, along with its flexibility in operations and supporting laws, gives a clear indication that the future is of this sector and it will emerge as an important component in the future economic growth of the country. The supporting government rules and regulations make it a hub for future entrepreneurs. As already termed as the &#8216;Land of Opportunities&#8217;, America stands up to the name by providing a whole canvas to paint pictures of one&#8217;s own creativity and expertise.</p>
<p style="text-align: justify;">For more on entrepreneurship, please go to canadiantradeenclave.ca</p>
<p style="text-align: justify;">Article Source: http://EzineArticles.com/?expert=Jasdeep_Kaur</p>
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		<title>Defining Firm Level Entrepreneurship</title>
		<link>http://www.mountpearlchamber.com/63/defining-firm-level-entrepreneurship</link>
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		<pubDate>Tue, 19 Jan 2010 04:40:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[business opportunities]]></category>
		<category><![CDATA[coaching]]></category>
		<category><![CDATA[entrepreneur]]></category>
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		<description><![CDATA[According to Zhara et al., (1999) different scholars use different expressions to describe entrepreneurship (e.g., Entrepreneurship, Corporate Entrepreneurship, Intrapreneurship, Entrepreneurship Posture, Entrepreneurial Orientation), but contrary to the variety of expressions used to describe entrepreneurship, there is consistency regarding entrepreneurship&#8217;s definition and measurement.
Generally speaking, entrepreneurship based research usually focus on either Traits or Behavior. Since the [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">According to Zhara et al., (1999) different scholars use different expressions to describe entrepreneurship (e.g., Entrepreneurship, Corporate Entrepreneurship, Intrapreneurship, Entrepreneurship Posture, Entrepreneurial Orientation), but contrary to the variety of expressions used to describe entrepreneurship, there is consistency regarding entrepreneurship&#8217;s definition and measurement.</p>
<p style="text-align: justify;">Generally speaking, entrepreneurship based research usually focus on either Traits or Behavior. Since the nineties, behavior underlie the vast majority of entrepreneurship&#8217;s research, the main reason for this is a limited success of scholars to reinforce the existence of common traits that characterize entrepreneurs (Smart and Conant, 1994). Gartner (1988) argues that the focus should be on &#8220;what the entrepreneur does&#8221; and not &#8220;who is the entrepreneur&#8221;. Behavior based research focus on the entrepreneurship process through the entrepreneur activities, that instead of referring to personal specific traits (Smart and Conant, 1994). Behavior based entrepreneurship&#8217;s research is usually conducted at entrepreneur level; nonetheless, scholars claim that entrepreneurship is implemented at the firm level as well (Carland et. al., 1984; Naman and Slevin, 1993; Lumpkin and Dess, 1996; Wiklund, 1999).</p>
<p><span id="more-63"></span></p>
<p style="text-align: justify;">This article tries to establish a common base for defining firm level entrepreneurship. Naman and Slevin (1993) states that organization can be characterized and measured based on the level of entrepreneurship demonstrate by the firm&#8217;s management. According to Covin and Slevin (1986), top managers at entrepreneurship&#8217;s firm possess an entrepreneurship style of management, which affect the firm&#8217;s strategic decisions and management philosophy.</p>
<p style="text-align: justify;">In order to establish definition for the firm level entrepreneurship, it is necessary to present the characteristics of management behavior used by scholars for that matter. Schumpeter (1934) states that innovativeness is the only entrepreneurship behavior that separates between entrepreneurship&#8217;s activities to non-entrepreneurship&#8217;s activities. Innovation relates to the pursuit after creative solutions through the development and improvement of services and products as well as administrative and technological techniques (Davis et al., 1991). Innovation reflects the firm&#8217;s tendency to support new ideas and procedures, which can end as new products or services Lumpkin and Dess (1996).</p>
<p style="text-align: justify;">In his book &#8220;Essai sur la Nature Commerce en General&#8221;, Richard Cantillon (1755) argues that the essence of entrepreneurship is a risk-taking behavior. According to Lumpkin and Dess (1996), risk-taking can range from relatively &#8220;safe&#8221; risk as deposit money to the bank to quite risky actions like investing in untested technologies or launching new product to the market. In their research, Miller and Friesen (1982) define an entrepreneurial model of innovativeness, this model regards firm that innovate audacity and regularly while taking substantial risks in their strategy.</p>
<p style="text-align: justify;">Third dimension, which can be added to innovation and risk-taking, is Proactive. According to Davis et al., (1991) proactive associates with an aggressive posture, relatively to competitors, while trying to achieve firm&#8217;s objectives by all rational needed means. Lumpkin and Dess (2001) mention that proactive relate to the way the firm associates to business opportunities through acquisition of initiatives in the market it&#8217;s operate in.</p>
<p style="text-align: justify;">Although other dimensions are used to define firm level entrepreneurship, the vast majority of scholars use these three dimensions &#8211; Innovation, Risk-taking and Proactive (e.g., Miller and Friesen, 1978; Covin and Slevin, 1986, 1989; Naman and Slevin, 1993; Knight, 1993; Wiklund, 1999).</p>
<p style="text-align: justify;">Dr. Rami Schayek combining the academic world as a researcher and a lecturer at the ben gurion university with a field work as the CEO of several small businesses coincident with coaching many other small and medium businesses. You can see more from his work at http://www.small-medium-business.blogspot.com</p>
<p style="text-align: justify;">Terms: Articles may be reprinted provided content is not edited and links are kept live.</p>
<p style="text-align: justify;">Article Source: http://EzineArticles.com/?expert=Dr._Rami_Schayek</p>
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		<title>Small Businesses Get Back on Track in 2010</title>
		<link>http://www.mountpearlchamber.com/49/small-businesses-get-back-on-track-in-2010</link>
		<comments>http://www.mountpearlchamber.com/49/small-businesses-get-back-on-track-in-2010#comments</comments>
		<pubDate>Sat, 05 Dec 2009 17:46:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
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		<category><![CDATA[small business]]></category>
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		<description><![CDATA[Small businesses had to stop all capital expenditures last year but now the tide has turned. There are good indications that the recession is nearing an end, so small businesses can stop playing defense and begin to play offense. So now is a good time to consider what the recession has done to your business.
Think [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Small businesses had to stop all capital expenditures last year but now the tide has turned. There are good indications that the recession is nearing an end, so small businesses can stop playing defense and begin to play offense. So now is a good time to consider what the recession has done to your business.</p>
<p style="text-align: justify;">Think about how the economic changes have affected your industry in general. Has your customer base changed? Have your competitors started cutting prices? What about their service offerings? Are you keeping up? Recessions cause changes, and it is important to examine all aspects of your business.</p>
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<p style="text-align: justify;">If you and your small business have been through layoffs, salary reductions or worse in order to survive the recession, there are some important things to keep in mind as things start to get better.</p>
<p style="text-align: justify;">First, many companies are going to begin hiring again, which means you could get some new staffers after another company goes out of business. But your employees also might get a better offer too. So make sure they are satisfied, or you could lose them. Many people are looking for making more money to pay off their bills after the last year.</p>
<p style="text-align: justify;">Also be careful about what you spend money on. Now that business is getting better. Priorities might include new computers, versus redecorating. Think about long term versus short-term debts.</p>
<p style="text-align: justify;">Many businesses have learned how to use invoice factoring to stay afloat during the recession. And that tactic can be continued after the new year begins. It is a great way to pay down your debt, while keeping cash flow strong.</p>
<p style="text-align: justify;">What&#8217;s more, there is a popular new factoring strategy called spot factoring. It is when one invoice at a time is factored. It is not a loan &#8211; it is the purchase of financial assets, or receivables from a factoring company. Traditional bank loans involve two parties, while factoring involves three parties. Banks base their decisions on a company&#8217;s credit worthiness, while factoring is based on the value of the receivables. With invoice factoring, there are no minimums, no maximums, and no long-term commitments.</p>
<p style="text-align: justify;">Single invoice factoring can help your small business get back on its feet. How? Many businesses do not get paid right away for delivered products/services. This negatively impacts cash flow and can make it hard for the business to produce new orders in a timely fashion. Invoice factoring benefits businesses that do not get paid for 30, 60 or 90 days by advancing up to 90 percent of the invoice total, at the time of order fulfillment. IFG looks at the creditworthiness of the client&#8217;s customers and can provide funding within as little as 24 hours.</p>
<p style="text-align: justify;">Kristin Gabriel is a writer who works with The Interface Financial Group (IFG), North America&#8217;s largest alternative funding source for small business. The company provides short-term financial resources including invoice factoring, serving clients in more than 30 industries in the United States, Canada, Australia and New Zealand. IFG offers expertise in factoring, accounting, finance, law, marketing and banking.</p>
<p style="text-align: justify;">Article Source: http://EzineArticles.com/?expert=Kristin_DeAnn_Gabriel</p>
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		<title>How to Promote your Local Business Effectively</title>
		<link>http://www.mountpearlchamber.com/33/how-to-promote-your-local-business-effectively</link>
		<comments>http://www.mountpearlchamber.com/33/how-to-promote-your-local-business-effectively#comments</comments>
		<pubDate>Wed, 07 Oct 2009 17:57:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[business cards]]></category>
		<category><![CDATA[chamber of commerce]]></category>
		<category><![CDATA[internet]]></category>
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		<description><![CDATA[Promoting on a local level poses a unique variety of challenges. It is important to make sure you exude a sense of proximity when you advertise locally, or your efforts to appeal to those living in your area may be left unanswered. Consumers often prefer to do business with companies in their community. The key [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Promoting on a local level poses a unique variety of challenges. It is important to make sure you exude a sense of proximity when you advertise locally, or your efforts to appeal to those living in your area may be left unanswered. Consumers often prefer to do business with companies in their community. The key to advertising locally is to give your potential customers that friendly neighborhood atmosphere while simultaneously maintaining a professional business atmosphere. There are a few ways to accomplish this, and all of them require some hard, personal work.</p>
<p style="text-align: justify;">Business cards are the staple of most advertising work, and a good business card is a great way to get your name and business out to individuals in your community. The reason that business cards work so well on a local level is simply due to the fact that they are so personal in nature. They usually have your name, phone number, address and company logo, but the best part about your business card is that they closely connect to you. Either you personally gave the card to your prospective customer, or they received the card from a friend who has used your company and have been pleased with your services. That intimacy is incredibly valuable in finding people who will not only show up at your business, but who will also continue to do business with you. Another way to use business cards is to post them in popular local restaurants and retail establishments. Many communities treasure their home grown locations for food and entertainment, and seeing your business card connected to such establishments can be wonderful press. Local success is all about building relationships within the community, and business cards can help to accomplish that goal.</p>
<p><span id="more-33"></span></p>
<p style="text-align: justify;">Another way to promote your business well on a local level is with post cards and brochures. On the surface, brochures are distant and impersonal, but a well-established brochure can function as an extension of a personal meeting with an individual. The key to using brochures well is found in the method of distribution. Leaving them in a plastic container at your receptionist’s desk is going to do little for you. Instead, find a way to get those brochures out into the community. The same goes for post cards.</p>
<p style="text-align: justify;">A few good ways to get post cards and brochures out into the community would be to attend your town’s community day parade and have a company float that connects your business’ services to the intimacy of the town. Have employees, friends, and family walk around the float handing out brochures with candy attached for the children, and you will have created a great marketing attraction. Town events are an excellent way to get your name and face out into the community. However, if all you ever do at these events is talk about your business, you may gain a reputation as something of a self-promoter. Be sure to take some time to let your guard down and enjoy the festivities. Do not just be a distant business person who sits aside watching the community while trying to get money from them. Become part of what is going on around you. Personal involvement in the community can become some of the best publicity.</p>
<p style="text-align: justify;">A way to enhance your involvement in the local business community is by getting involved in your town’s chamber of commerce. The chamber of commerce, to an extent, has its finger on the pulse of the town’s economic activity. Becoming personally involved in the work that is done by your local chamber is a great way to establish yourself as trustworthy and credible. It also will help you stay up to date with what is going one with other businesses in the community. Using the chamber of commerce to your advantage can be invaluable to a small, local business owner.</p>
<p style="text-align: justify;">While doing all of this to develop relationships out in the community, you need to also maintain the utmost in professionalism back at the office. Spend the money for customized stationary. A letter with your company’s letterhead on it looks a lot better than one on regular printing paper. Make sure you have a high quality sign printed at the front of your building as well. It is easy as a small business to neglect these kinds of details because the budget is usually limited. If your business does not give the impression of a well established, well financed operation, customers will usually stay away. Finding the right combination between professionalism at the office and intimacy in the community will help your small business flourish in the local sphere.</p>
<p style="text-align: justify;">Establishing local roots for a company can be a daunting task. With the internet providing such easy access to consumers everywhere, it can be very challenging to show the people around you why they should stay close to home. In order to get them to notice that you are offering products and services that are significant, it is important to reach out to them on a personal, relational level, while also staying professional. Using business cards, brochures, and post cards well is a great way to establish you and your business as a part of the local community. At the office, using custom stationary and other custom printing will allow you to give the appearance of a professional institution. Maintaining both ideals is a great way to find your niche with local consumers.</p>
<p style="text-align: justify;">
<p style="text-align: justify;">About The Author</p>
<p style="text-align: justify;">Nick Kakolowski is a freelance writer who writes about business and networking, often describing is specific aspect of networking such as utilizing <a onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" rel="nofollow" href="http://www.printingforless.com/Business-Card-Specifications.html"> business cards </a>.</p>
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		<title>Resources For Entrepreneurs</title>
		<link>http://www.mountpearlchamber.com/30/resources-for-entrepreneurs</link>
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		<pubDate>Tue, 06 Oct 2009 17:34:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
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		<description><![CDATA[So,  you&#8217;ve decided you want to start your own business.
You have a novel product to sell or an expert service to deliver. You&#8217;re sure of your abilities to produce products or deliver services. But you&#8217;re a little intimidated by the other rolls you must learn as a small business owner: salesman, marketer, accountant, human resources [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">So,  you&#8217;ve decided you want to start your own business.<br />
You have a novel product to sell or an expert service to deliver. You&#8217;re sure of your abilities to produce products or deliver services. But you&#8217;re a little intimidated by the other rolls you must learn as a small business owner: salesman, marketer, accountant, human resources manager and more. Luckily there are a number of excellent resources for beginning entrepreneurs to learn the ropes of owning their own business. Among the wide array of resources available, the two that are most constantly cited by small business owners as the best available are the United States Small Business Administration and local Chambers of Commerce.</p>
<p style="text-align: justify;">The Small Business Administration has offices in most parts of the country. Although getting face-to-face assistance has become a bit more difficult in recent years due to budget cuts ordered by the Bush administration, the Small Business Administration also has a website packed with helpful information, forms, tutorials and online courses. Small business owners can count on the Small Business Administration for accurate information on laws affecting small businesses, tax and social security information and small business statistics.</p>
<p><span id="more-30"></span></p>
<p style="text-align: justify;">The Small Business Administration&#8217;s sister organization, the Service Corps of Retired Executives provides mentoring and in-person courses for small business owners. The Service Corps of Retired Executives was created by a group of retired executives from large corporations who wanted to continue using their business skills after retirement to mentor small business owners.</p>
<p style="text-align: justify;">Local Chambers of Commerce are another excellent resource. Chambers of Commerce typically serve two functions: Promoting the business climate of the area to outside investors and serving as a networking hub for existing businesses. However, due to the rise in entrepreneurship, many Chambers of Commerce are beginning to offer seminars to start up business owners including marketing, bookkeeping and other topics. They may also offer special networking events geared toward new businesses just getting started.</p>
<p style="text-align: justify;">Once you get your business started, there is no better resource for networking than your local Chamber of Commerce. The annual fee is typically modest and covers your attendance at more functions than you could possibly find the time to attend. For example, the Chamber of Commerce in West Palm Beach, Florida offers networking breakfasts, lunches, cocktail hours and dinners. They also offer special networking events targeted at certain business sectors, sponsorship of corporate events and a member directory with advertisements from their membership.</p>
<p style="text-align: justify;">
<p style="text-align: justify;">About The Author</p>
<p style="text-align: justify;">Jonathon Hardcastle writes articles on many topics including <a onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" rel="nofollow" href="http://businessworldnow.net/">Business</a>, <a onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" rel="nofollow" href="http://yourealestatesource.com/">Real Estate</a>, and <a onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" rel="nofollow" href="http://youremploymentsource.com/">Employment</a></p>
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