These are common traits among entrepreneurs. If you feel that these apply to yourself then you might have what it takes to be an entrepreneur!
1. You want to be your own boss. Your own schedule, working conditions, and goals. Not someone else's.
2. You want it to be your idea and have it associated with you. NOT the faceless corporation that tried to buy it from you.
3. You don't mind spending every waking moment of your life working on something because you KNOW that the light at the end of the tunnel is coming and it will be worth it.
4. You are going to be the exception to the rule.
5. You would rather do it yourself then give it up and have the same amount of work.
Just remember, if these don't apply to yourself then you may just be the exception to the rule.
Monday, November 9, 2009
Sunday, October 11, 2009
DID YOU KNOW...?
Global Entrepreneurship Week, Sacramento
http://www.gewsacramento.org/
All billionaires have tremendous ambition, ridiculous smarts and a ton of luck. Here are some lesser-known billionaire traits.http://www.gewsacramento.org/
The ability to crunch numbers is typically a key to becoming a billionaire. Often, mathematical prowess is hereditary. Some of the most common professions among the parents of American billionaires for whom we could find that information were engineer, accountant and small-business owner.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg8P9-G2JmSFnkodngdTb7pgSJV7FYX5UYhFg88SDvcQgPXnt6Ej-Bix6S9M70JJ8EkPUeyjJVyZGbJJnjVdO6Lvi_bgTQ5O8c0op14hZOubbYUm3AfHQlYBKYFVSehI2JfvjMwsmm0ZKiN/s200/Picture+10.png)
Of the 380 self-made American tycoons who have a
ppeared on the Forbes list of the World's Billionaires in the past three years, 42 were born in September--more than in any other month. (Maybe that's because September is the month Forbes publishes the list of the 400 richest Americans.)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgx38tcJ5xo598NKZ_bQn4DvS59IpyUkSDY8ct8NuAJEL6NonfZiLVzU3OvAfs2UV_ZEC2AxDstmxSU5QeAUAuWSxh2-6VF_wlK8h-LbcbodNaNTbIIc3vsCk6N_c6LT3_fuVZuz4xrmQBk/s200/Picture+11.png)
Forget everything your guidance counselor told you:
You don't have to go to college to be successful. Close to 15% of the self-made American moguls on the Forbes 400 never finished college. Many of the list's drop-outs made their fortunes in tech, including Bill Gates (Microsoft), Steve Jobs (Apple), Michael Dell (Dell), Larry Ellison (Oracle) and Mark Zuckerberg (Facebook.)
Skull and Bones
Several current and former billionaires rounded out their Yale careers as members of Skull and Bones, the secret society portrayed with enigmatic relish by Hollywood in movies like The Skulls and W. Among those who were inducted: investor Edward Lampert, Blackstone co-founder Stephen Schwarzman and FedEx founder Frederick Smith.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhIZsKpCfpZT0mp7efOqDGPK301G-gCTmdSRW-dwl4J1oq5lxnQ8mq4LHupGn0p8B6VtIc0Zlm53kl0VgctKZZ1JRP9FUvtDJ7ZKoulEtx3AjlYEheqQJXrILm9chrmeWjTMgMLU_fqkme4/s200/Picture+12.png)
A stint at investment bank Goldman Sachs is a prime credential for achieving greatness on Wall Street. Of the 61 tycoons on our list who derive their fortunes from finance, at least six cut their teeth in Goldman's investment banking, trading, or asset management divisions. The company's crown jewel: its "risk arbitrage" unit, which launched the careers of billionaires Edward Lampert and Daniel Och, as well as former billionaires Tom Steyer and Richard Perry.
Getting an M.B.A. From a Top-Tier Business School
A graduate degree from a top-tier school is no guarantee of success. But it can't hurt, especially if you get an M.B.A. from Harvard, as did 19 of the self-made entrepreneurs on the Forbes 400. Another 19 took home M.B.A.s from Stanford, Columbia or the University of Pennsylvania's Wharton School of Business.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgORIl6E3m34mvjGhxpEPnuKF4bGkvxe2y-WkMblqk52cT6CcCXKzgEiaRJjb5WbXWaxTi0Bnb1SrRpu3VleUtn-cum6olWg9nDG_1FGXSBXV_tWktPm7oblizZ-aG0m5z-KFL30LSgm7cV/s200/Picture+38.png)
Failure
Many billionaires developed their uncanny attention to detail after experiencing scarring failures early in their careers. Hedge fund manager Jamie Dinan saw his entire life savings wiped out in the stock market crash of 1987. Since then, he has shied away from using leverage, a defensive posture that has served him well. Pharmaceutical tycoon R.J. Kirk's first venture was a flop. Says Kirk: "Failure early on is a necessary condition for success, though not a sufficient one."
Working at the Bass Family Investment Office
Originally founded as a vehicle for the brothers' oil inheritance, Bass Brothers Enterprises became a Mecca for gifted young investors in the 1980s. Private equity mavens David Bonderman and Jim Coulter met in the offices of the Bass family's private investment vehicle. Others members of the Forbes 400 who worked for the family include real estate guru Tom Barrack, investor Richard Rainwater, hedge fund manager Marc Lasry and private equity maven Nicolas Berggruen.
By: Duncan Greenberg
Sources: Forbes
Wednesday, October 7, 2009
Feeling Creative?
Global Entrepreneurship Week, Sacramento
http://www.gewsacramento.org/
I was first exposed to this problem while watching a TED Talk video. It is amazing how a small amount of creativity can lead to simple solutions!
Look at the picture below. You should see a candle, a pack of matches and a box of tacks next to a cardboard wall. Can you figure out, using only the objects on the table, how to attach the candle to the wall, so that the candle burns properly and does not drip wax on the table or the floor?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjJesrbuRDNd55Spx_xdzZRDHvSsXlZP4D6MIxGhMr_wQKyR1LvBf36uwifBfKDKzh_x0j1oKFs-e65Q1IrpceyafsjKDY7WDMGeXximgkGFXHwHG6mmCkEB6jX9MnqdUdmCp14AeNYXEbB/s320/CandleProblem.png)
Can you figure out the answer?
Now, here’s the correct solution; you need to empty the box of tacks, use the tacks to pin the box to the wall, and place the candle in the box. The box acts as a candle holder!
http://www.gewsacramento.org/
I was first exposed to this problem while watching a TED Talk video. It is amazing how a small amount of creativity can lead to simple solutions!
Look at the picture below. You should see a candle, a pack of matches and a box of tacks next to a cardboard wall. Can you figure out, using only the objects on the table, how to attach the candle to the wall, so that the candle burns properly and does not drip wax on the table or the floor?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjJesrbuRDNd55Spx_xdzZRDHvSsXlZP4D6MIxGhMr_wQKyR1LvBf36uwifBfKDKzh_x0j1oKFs-e65Q1IrpceyafsjKDY7WDMGeXximgkGFXHwHG6mmCkEB6jX9MnqdUdmCp14AeNYXEbB/s320/CandleProblem.png)
Can you figure out the answer?
Scroll Down for the answer...
Now, here’s the correct solution; you need to empty the box of tacks, use the tacks to pin the box to the wall, and place the candle in the box. The box acts as a candle holder!
Sunday, September 27, 2009
Anyone Feeling the Entrepreneurial Spirit?
Global Entrepreneurship Week, Sacramento
http://www.gewsacramento.org/
Lately I've been feeling like there has been more entrepreneurial action than ever before. Maybe it's because Global Entrepreneurship Week is coming up in less than 2 months -- and we're all just super excited about it; or maybe it is because we slowly see Sacramento really shining to become a more entrepreneurial city!
http://www.gewsacramento.org/
Lately I've been feeling like there has been more entrepreneurial action than ever before. Maybe it's because Global Entrepreneurship Week is coming up in less than 2 months -- and we're all just super excited about it; or maybe it is because we slowly see Sacramento really shining to become a more entrepreneurial city!
In the last few years the growth of Sacramento has been outrageous! We, the community of Sacramento, are all just excited to be apart of it as well as a manufacture of that growth. An entrepreneur's best friend comes in all sorts of ways that looks to the usual person like a terrible situation. But to the entrepreneurs the loss of one's job, more competition, more debt, lack of resources, lack of knowledge, and an awful economy that isn't going anywhere.
That is until WE, the entrepreneurs, who take these little humps and use them to our advantage! We are one-of-a-kind. We seem like the rebels without a cause because no one sees what we see. No one knows how we are going to make our dreams come true; no one better than us that is. Only an entrepreneur can look at his failures as a success as well as all other entrepreneurs. From November 16 to 22, let's all play our part for this global movement!
For more information about Global Entrepreneurship Week, Sacramento, in November, please visit www.gewsacramento.org.
Labels:
economy,
entrepreneurs,
gew,
gew sacramento,
love,
Sac Gew,
sac state,
sace,
sacramento
Wednesday, September 23, 2009
What is Global Entrepreneurship Week, Sacramento?
Global Entrepreneurship Week, Sacramento
http://www.gewsacramento.org/
Sacramento celebrates local entrepreneurship. 5 days to highlight creativity, spark interest and create buzz. See, hear, and experience Sacramento’s entrepreneurial spirit. All of the Global Entrepreneurship Week, Sacramento, events are located in and around the downtown Sacramento area. These events are FREE and open to the public, with prior registration necessary on a first-come-first-serve basis.
Monday, Nov. 16: Kickoff
Start your week right with all things entrepreneurial. Keynote by two of Sacramento’s most recognized entrepreneurs, followed by the entrepreneurs' showcase where aspiring entrepreneurs meet their industry counterparts. Come network with entrepreneurs and business professionals. You will never know who you might run into!
Tuesday, Nov. 17: The Talk
Business is not all suits and corporate offices. What are today's business looking like? See what other entrepreneurs are doing at the Urban Hive.
Wednesday, Nov. 18: The Pitch
Want to hear about the freshest and most brilliant ventures being proposed by students? Or maybe what the VCs and Angels investors have to critic about them? Join us for the next big pitch, with showcase of the newest technology being created at Sacramento State.
Thursday, Nov. 19: Social Media
Websites, Facebook, Myspace, and Twitter o my! Come connect and see what social media can do for you.
Friday, Nov. 20: L Wine Down
Wine and cocktail mixer. Signature cocktails created to celebrate a succesful week of entrepreneurship -- the creative ideas, the interesting people, and the inventive showcases. Relax, mingle, and unwind at the L Wine Lounge.
Once you are registered updated details will be sent to your inbox!
Questions? email: info@gewsacramento.org
http://www.gewsacramento.org/
Sacramento celebrates local entrepreneurship. 5 days to highlight creativity, spark interest and create buzz. See, hear, and experience Sacramento’s entrepreneurial spirit. All of the Global Entrepreneurship Week, Sacramento, events are located in and around the downtown Sacramento area. These events are FREE and open to the public, with prior registration necessary on a first-come-first-serve basis.
Monday, Nov. 16: Kickoff
Start your week right with all things entrepreneurial. Keynote by two of Sacramento’s most recognized entrepreneurs, followed by the entrepreneurs' showcase where aspiring entrepreneurs meet their industry counterparts. Come network with entrepreneurs and business professionals. You will never know who you might run into!
Tuesday, Nov. 17: The Talk
Business is not all suits and corporate offices. What are today's business looking like? See what other entrepreneurs are doing at the Urban Hive.
Wednesday, Nov. 18: The Pitch
Want to hear about the freshest and most brilliant ventures being proposed by students? Or maybe what the VCs and Angels investors have to critic about them? Join us for the next big pitch, with showcase of the newest technology being created at Sacramento State.
Thursday, Nov. 19: Social Media
Websites, Facebook, Myspace, and Twitter o my! Come connect and see what social media can do for you.
Friday, Nov. 20: L Wine Down
Wine and cocktail mixer. Signature cocktails created to celebrate a succesful week of entrepreneurship -- the creative ideas, the interesting people, and the inventive showcases. Relax, mingle, and unwind at the L Wine Lounge.
Once you are registered updated details will be sent to your inbox!
Questions? email: info@gewsacramento.org
Subscribe to:
Posts (Atom)