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Starting and Managing a Business for Profits and Wealth Part 16: The Work Smart Entrepreneur

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STARTING AND MANAGING A BUSINESS FOR PROFITS AND WEALTH Part 16: THE WORK SMART ENTREPRENEUR Most of us realize that becoming a successful entrepreneur requires one to put in a lot of hard work into your idea, venture or business. Yet we also realize that there are many who does that and still have not …

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Starting and Managing a Business for Profits and Wealth Part 11: Top Ten Business Opportunities in 2013

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I learn a process called Opportunity Search from my guru Alan Weiss years ago and he wrote a book titled “Entreprenovation”. Using the process, I came out with 10 business opportunities for 2013 for SMEs. As you go through the list you might not agree with every one of them, but please note that these …

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Starting and Managing a Business for Profits and Wealth Part 10: The Learning Entrepreneur

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North America, Asia and Europe have been undergoing an entrepreneurial renaissance. These countries are moving from being nations of managers to becoming nations of owners. Until 1990 North America’s economic engine of growth centered in the Fortune 1000 companies. Today the economic growth is driven by the small and the mid sized enterprise. Almost everywhere …

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The Pushed Entrepreneur

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Here is a story you might like and all stories starts with ……. Once upon a time there was a king who lives in a faraway land. This king has a beautiful daughter and for whom he hopes he will find the right man to be her husband. Unfortunately he was rather choosy about who …

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Starting and Managing a Business for Profits and Wealth Part 9: Keeping Focused

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When I was young (which was not that long ago-sic), I actually believe that I can sprout wings, fly and can do ten things at one time. Nobody can convince me that man cannot multi-task. I am a man in a big hurry (for what exactly, I don’t know). It is as if I have …

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Starting and Managing a Business for Profits and Wealth Part 8: Entrepreneurship – The 3 Key Ingredients

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I write this month’s column reflecting on my experience as an entrepreneur for almost 30 years having started the Quest Group in 1984. Although I actually started my first business (a car wash) when I was 19, I would not consider that as a serious business. I have since gone into many different kinds of …

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Starting and Managing a Business for Profits and Wealth Part 7: Recruiting and Retaining the Right Talent

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One of the areas that I have learnt in the last 20 over years of running businesses is to build the right team. Recruiting the right talent into your organization is a critical skill that all business owners needs to learn and cannot really be delegated. Business is known to fail not because it does …

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Starting and Managing a Business for Profits and Wealth Part 6 : Leveraging For Business Growth

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Business is getting tougher. It is getting tougher to get more sales and cost is rising. And business owners need to find new, less expensive and better ways to get new customers, sales and markets. Working harder is fine but working smarter is better. Today business works smarter with collaborations and alliances. The opportunities arising …

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Starting and Managing a Business for Profits and Wealth Part 4 : The Worst Kept Secret of Every Business

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The Worst Kept Secret of Every Business One of the most important lessons I learnt early in the years of making mistakes running businesses is the realization that a business really only exist because customers exist. If we have no customers there is no reason for us to continue with the business. There is nothing …

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Passion Income – Making Money Doing What You Love

Leave a Comment / Wealth / By KC_SiteAdmin

What is a passion? and how does that relate to money? And what is a passion income? I like to define a passion as something you love to do. Something you love so much that you will do it even if you don’t get paid to do it. Like someone who loves to work with …

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