Philosophy & Thinking of a Modern Entrepreneur

Too many entrepreneurs start businesses without any real clarity as to what they want their business to accomplish.

They don’t know WHAT result they’re looking for and they don’t know WHY they want to produce it.

This leads to a business full of Frustration and Struggle.

What’s The Target?

Once you know what you want your business to become it is easier to implement a strategy that gives you a more certain path to get there.

You see, many entrepreneurs spend all their time searching frantically for “how to” advice, and constantly neglect solid “strategic alternatives”.

And that is a big mistake.

Because when you know WHAT & WHY and you think STRATEGIC, you’ll always find the HOW TO.

Now, don’t get me wrong. Knowing how to do what it is you want to get done is important. But succeeding in business requires a strong intention to succeed.

Joint Ventures, just like anything else worth performing will take some time to master.

Your first JV may not be a tremendous success; in fact, it could go a little flat, because you may not posses the skills in the beginning.

But the more you attempt, you can’t help but get better and better by learning what to do and what not to do next time.

It is very; very important to keep in mind that all it takes is ONE successful JV to take your business to heights you only dreamed of. Knowing this will help to keep you committed to the process.

When we start a business based upon our interest we are literally forcing ourselves to struggle and become frustrated….WHY?

Because we have to learn what we need to know and we have to provide excellent product or service to earn a profit at the same time…Impossible!

While you’re investigating and feeling your way around trying to learn about what interest you, your competition (who’s playing to their strength) is dominating you, leaving you frustrated, tired, and possibly broke.

People are just jumping into any type of business because they like a particular product or service or maybe they are hyped up over the compensation plan.

They never give a second thought as to the impact this business decision will have on their future and the future of their families.

So the business is started and already doomed for failure

A little over 5 years ago when I made that declaration that I would be A leading Authority on black entrepreneurship, I received my fair share of laughter.
The roadblocks went up almost immediately from “friends” and family once I got started online doing it and stating that “my mission was to help black people discover [...]

The most important aspect of a woman going into
business I think is really identifying and forming a support group.

So often people who love us feel a need to protect us and they sometimes over protect us and make us squeamish and afraid to be adventurous.

You have to be BOLD and ADVENTUROUS if you are a woman going
into business. Even though more and more women are going into
business, it is still a male dominated game.

In my case it was my mother, I can’t tell you…my mother would
cry, she would beg me,

“Please get a government job, you’re in Washington D.C. You’re smart and people like you, Give Up!

Most business owners mistakenly think that the value of a business is its lease, its furniture and fixtures, its inventory, its financial statements. They don’t understand that none of these things are worth much without

I know you have been either reading the ‘Headlines’ or hearing of the financial trouble that many, many businesses are having.
From the auto industry to the big banks and brokerage houses on Wall Street they are having BIG trouble.
And the main theme that is being said over and over again is that their Business Models [...]

Yes the subject line is drawn from a scriptural reference and the principle is so relevant today I thought I would touch on it.
I heard my Minister one day go into the Hebrew meaning of the passage ‘Where there’s no Vision, the People Perish”.
And he mentioned how the literal meaning of that phrase means, “When [...]