The Entrepreneurial Spirit

It's taken us 10 years to become an overnight success! That's the cry of the business leader that finally achieves their dream. The reality of starting your own business is that it takes the force of your will and determination to make your venture a success. That's the entrepreneurial spirit! It isn't easy. You'll be faced with set-backs and moments of self-doubt, but if you are passionate about what you are doing and if you have the drive and determination to be a success, the odds will tip in your favour.

The Business Plan

If planning is the key to success, why are so many business plans inadequate? A plan lays out what you want to achieve and how you are going to achieve it. A business plan goes further though. A business plan also sets out how you are going to generate a sufficient return to warrant undertaking the activity. But when preparing the plan, the plan must fit the business. In this Inspirations we give you a framework for preparing your business plan.

The Entrepreneurial Process

Wouldn't it be great to develop the next Facebook or the next Google? But how do you come upon such an idea? The reality is more mundane than the movies portray. It comes down to observation, or to give it a catch-phrase "see a need, fill a need". In this article we will explore the entrepreneurial process.

Successful Entrepreneurs Know Themselves

Until you have a sufficient number of clients willing to part with their hard-earned money to buy your product to the extent that you are earning a living, all that you have is a hobby.

Before you establish your business ask these five questions to determine whether you have a business or a hobby.