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Back in my days in the army, I was a pretty good long distance runner. There were only a hand full of people in my infantry unit who could compete with me when the race distance hits over 10km. One of the few lessons I had learned from the experienced runners at my first half marathon (about 22km) had made such a big impact in me that I have learned to apply it to my start-up business as well Read More

Planning is essential for the start-up of a new small business. Using a worksheet to determine if a business opportunity is viable is essential to the strategic planning process. This template offers suggestions for a business analysis start-up worksheet that prepares entrepreneurs for opening a small business. Read More

Here is an innovative business model - the first social payment system where people pay for products they buy with Twitter tweets: Pay With A Tweet (PWAT. Read More

You can start a business however you like as long as it's yours and you intend on making a profit. Of all the misconceptions of starting a business, here are the most popular Read More

The top 10 small business forums that every small business owner should be participating in to stay in the know and to network Read More

There are some bright spots in the economy, and one such ray of light can be found in the statistics about new business startups. It seems that those with an entrepreneurial spark have turned hardship into opportunity in a big way Read More

If like me you're forever being asked by friends and family to fix their PCs then starting a computer repair business could be just the business idea for you Read More

Jun 4, 2010
Business: Flying Without A Net — Entrepreneurs Starting Businesses During the Recession

By A. Finney

The five African Americans entrepreneurs featured in this story each started their business for different reasons, such as need resulting from losing a job, or family obligations that required a lot of their time. There is one theme that resonates throughout that drives them to succeed in running their businesses– they love the new-found freedom of being the boss. They love being creative, spontaneous and making their own business decisions. Also, they each seem to understand that it takes time before seeing a profit in their business, but because they are doing what they love, they know the money will follow....
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According to Innovators Forum guest blogger Bob Goedjen of Silicon Valley SCORE, when we refer to barriers to entry for a business we are not talking about such issues as normally required start-up costs of business, but rather about those things that are inherent in the industry or selected market place that impede a small business or any business from entry. Read More