In an uncertain global economy, when employers and employees feel no loyalty to one another and rarely look out for one another’s interests, entrepreneurship can seem like a dream come true. However, not all personalities are ideal for the entrepreneurial lifestyle. Though there may be more than one path to entrepreneurial success, these five traits [...]

When I ask entrepreneurs and small business owners, it is not unusual for not having any marketing plan. I once read that Sir Richard Branson never had any marketing plan when he started the 1st Virgin business many years ago. In fact in one study of entrepreneurship (I couldn’t recall the name of the study) [...]

The concept of entrepreneurship takes a wide range of definition and its meaning has progressed over the century. To many, it is linked to starting one’s personal business. However, nearly all economists believe that it is more than starting a business. The word entrepreneur comes from the French word entreprendre, meaning ‘to embark on.’ In [...]