Ten features and qualities of a good entrepreneur

An entrepreneur shall have the following features and qualities to be considered a good or great entrepreneur.

1. Brain – to plan

A wise entrepreneur is an advanced thinker. He knows how to predict the future. With his prediction, he creates a plan. He organized his objectives and set his procedures to achieve those objectives.

2. Hands – to do the plan

An active entrepreneur executes his plan. He performs his procedures to attain and realize his objectives. He handles well his people and put them in the right places. Read more

Difference between Business and Entrepreneurship: Businessman versus Entrepreneur

What is the difference between a business and an entrepreneurship? How about a business owner from an entrepreneur? These terms are commonly used interchangeably. However, these terms have different meaning – and those differences are what we will try to find out. To illustrate and understand simply and clearly the difference between business and entrepreneurship, we will have a face-off between a businessman and an entrepreneur. So the showdown begins.

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Restaurant business tips: How to attract customers and keep them coming

As an ordinary restaurant customer and an enthusiastic business and entrepreneurship analyst, I always formulate things that will improve every business establishments I encounter in my day to day life. And since eating is very basic to humans like me, restaurant seems to be an interesting business establishment to discuss here. I eat everyday and I go to restaurants regularly. In going to those numerous restaurants in the past, I have learned and accumulated some insights that I believe will help restaurants and their owners attract customers and keep these costumers coming back. The following are some good tips for restaurant business owners on how they can attract customers in make these customers returning visitors for life: Read more

My Life as an Entrepreneur Part 1 (the beginning)

I just decided to become more transparent in pursuing this business online. This is to give my valued visitors a clear vision on what and who are they are dealing to. Because this is a business site, I am honored to share my life as an entrepreneur. My life as an entrepreneur started when I was a kid, who was a little boy trying to gain profit by selling toy cards to his little friends. We have this little “sari-sari store” (a term in the Philippines for small stores selling variety of basic goods). This is the store, where I also sell toy cards I bought at lower costs in downtown area. That means profit for me. Instead of enjoying playing those toy cards as a kid during that time, I enjoyed and became excited in anticipating profit. But of course, I was still a child that time, and all I had in mind, is the fun in chasing profit. The entrepreneurial mind that I have has brought me to study accounting which is both a theoretical and numerical kind of a subject. And as a certified public accountant who has practiced for more than four years now, I have been into accounting and auditing different kinds of businesses. Read more

Don’t grab too much profit: It may wear-out your resources and employees

Some enterprise owners hardly encounter income opportunities specially this time of economic recession. However, some faces a lot of opportunities to grab marginal profits. Perhaps these opportunities are brought by nice marketing schemes and continuous development efforts. An ordinary business owner will not waste any time to seize an income opportunity and pull it to the fullest. This maybe the common rule for common business people out there – make a profit. But why I am telling you guys to not grab so much profit is a thing that you should keep in mind. As I stated it may worn-out your resources and even your precious employees. Read more

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