The Next Great Entrepreneurs – Future Creativity
Published April 1, 2011 | 
“The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.” – Peter Drucker
“Going into business for you, becoming an entrepreneur, is the modern-day equivalent of pioneering on the old frontier.” – Paula Nelson
It’s increasingly difficult to accept as true, but according to several “experts” including the scholarly people at the National Bureau of Economic Research, the economy’s been in recovery mode from the “Great Recession” since June 2009.
Unfortunately, a really big rationale for the resulting stagnation to-date has been, all of us that make up the global market. It’s in our DNA or human nature to wait for economic indicators to turn positive before all of us that are Entrepreneurs are willing to hire and spend.
But Entrepreneurs waiting around is unwise and foolish, and what makes Great Entrepreneurs truly great is the very fact they don’t wait, as the world markets including 
both local and global shout and plead for innovation, and businesses that realize and take advantage, can capitalize on the resources and capital they already have to ignite the next possibilities.
This brings our discussion to the point of identification of some excellent news, which some of you in the market both understand and are proceeding accordingly. Resource constraints naturally stimulate great business practices, and as a direct result the survival rate of new independent business in some sectors is well on the upswing.
Global Entrepreneurship found a very small percentage of businesses actually closed down last year, 
when compared to the number of closures in previous years. Even better yet, many small-business profit margins are at a multi-year high directly because of purely innovative and business process savvy cost-cutting procedures and practices adopted and put in place. Hiring may have stalled in many global sectors, and continues to remain so, guess who’ll be first in line to scoop up new employees when sales activity and revenues begin to slowly increase.
So understand and put the news and dire predictions about double-dip recession, dismal unemployment and the drop-offs in entrepreneurial activity out of your mind. Instead, you should remain focused on the fact that since the financial crisis laid waste to business as you have known, the world is packed and overflowing with business potential just for you.
Lastly, the global economic future will be inhabited by movers and shakers that are the Next Great Entrepreneurs, who even now are poised to take their place of greatness.
The Next Great Entrepreneurs – The Global Market
Published March 22, 2011 | 
In a world of Entrepreneurs like the U.S. and other global economies, Entrepreneurs make up the backbone of the global economy, and they most certainly are the ones who continue to bring the global economy out of the downturn in their respective nations.
So when looking at Entrepreneurs and the inherent approaches they share it must be well-known that some are purely deliberate and some tactics entirely evolve with the market. Most certainly, the real world unavoidably requires some thoughts and judgment ahead, as well as some modification and adjustments along the way.
You must understand that Entrepreneur’s commercial innovations and originality have never been part of the institutional scheme and systems and of large corporations. The corporate structural systems have never developed the ability to replicate the inherently unique thoughts and passions of genius Entrepreneurs. 
Not even the most ordinary run of the mill competent strategist. It is also a widely-held acceptance that in almost all cases, they never will. It’s simply that sizeable systems and processes aren’t designed and intended to encourage and support the creative and innovative thinking, the thoughts and ideas that come from the passions of truly Great Entrepreneurs.
So when we look at the requirements of great entrepreneurship we recognize that the good management of Entrepreneur’s is an important ingredient of the success formula, along with real entrepreneurial tactical strategies. Of which for entrepreneurial success are few and simple, but yet difficult and easier said than done. It takes a true Entrepreneur to identify the genuine opportunities whenever they present themselves, especially during challenging times, demanding market conditions, and the ever-evolving global economy.
The timely recognition of market trends and conditions that create new opportunities is an innately strong trait that distinguishes Entrepreneurs. Additional distinctive traits of Entrepreneurs are innovativeness and creativity, and the willingness to take to risks for their new ideas and innovations.
Their vision enables Entrepreneurs to anticipate future needs and problems, along with willingness to work independent and unaided with self-direction, and a strong sense of competitiveness that comes from the passion intrinsic to the Entrepreneur’s spirit.
It must not be forgotten that at the very heart of great Entrepreneurs is innovation, which is simply the effort to create, determined and focused transformation in either economic or social potential, which includes three kinds of innovation. 
The first kind of innovation is technological innovation which includes new products, ideas, and technologies.
The next kind of innovation is economic innovation which includes Entrepreneur’s spirit for turning those things into new businesses and industries. Finally, cultural and social innovations which is simply the talent and capacity to invent new ways of thinking, new art forms, new designs and concepts that identifies present and future trends in the global marketplace and their associated opportunities.
Understandably, these different identifiable components of innovation can share the same thought processes of the Entrepreneur as they all reinforce each other and overlap with closely-shared similarities. 
Many times the real genius of the Great Entrepreneurs is noticed and identified because they exhibit and demonstrate highly-proficient abilities to apply all three kinds of innovation at the same time to the same problem or opportunity.
The Entrepreneur Nation in the global economy with time will ultimately spur economic recovery, but timing of the recovery is critically dependent upon what kind of problems or barriers Entrepreneurs encounter with established systems and institutions, and regulations and taxes, that affect how quickly they can adapt their innovations to what has become the global marketplace.
Entrepreneurs, the Global Recession and eCommerce
Published July 9, 2010 | The main question to Global Entrepreneurs using the Web for eCommerce is how does the current global economic recession affect their commerce opportunities on the Web?
Recession is a relatively ugly word that continues to be referred to with great regularity as many think we are no longer in recession, but still a hair’s width away from slipping back into a “recession,” 
as many factors seem to be lining up to contribute to a new economic recessive event, worse then the previous. The current economic stagnation appears to be putting a stranglehold on more and more local markets, turning some into ghost towns as their inhabitants continue to abandon them for the hope of better futures.
The real estate industry is one that still has to deal with many serious issues, the value of the dollar is recovering, and unemployment continues without abatement, as the promise of cost and tax increases is looming on the horizon of 2011 and beyond, all contributing strongly to the future “economic uncertainty” that chokes off any hope of the level of recovery needed to spur increased economic activity including consumer demand, spending, and associated job and wealth creation.
On a more relevant and practical level, the question for anyone with an online business is how will the state of the global economy affect them? It is 
important to keep in mind that the same question exists no matter what the state of the global economy including good, recessive, depressive, or malaise, and with the mixed bag the Web and Social Media Technology always presents, you have to look for and always be aware of the silver linings.
What you have to remember when preparing for with the Web, is that business results tend to happen at a fast pace, unlike brick and mortar businesses that see delays in trends of months sometime, Web trends quickly provide evidence that make themselves apparent, and any drop in demands for products or services is felt in a very short time, sometimes a matter of days.
First, let’s examine the bad affects of economic recessions, which leads to one very predictable action, and that is a sometimes severe downturn in spending, and it’s a widely recognized fact that when people are not confident about the future, they tend to hold on to their money until confidence slowly returns. 
This of course means the general trend will be fewer dollars spent at many online businesses, a trend that’s even truer if the products and services offered are not valued by consumers as necessities of life.
There is a silver lining to keep in mind however, and one that you must plan for as the recession continues to slow, eCommerce leads to some positive results, one being less competition, since many competitors will disappear as a result greatly reduced marketing efforts to preserve remaining levels of cash flow including eCommerce efforts that they could never fully embrace and understand. On the contrary, focused and prepared Entrepreneurs recognize and capitalize on these opportunities to seize market share through fine-tuned search engine optimization, since when online businesses reduce their optimization efforts, the results are lost rankings with the search engines, and associated lost revenue producing opportunities of sales and advertising, while the prepared Entrepreneurs assume their place in the eCommerce market.
Another long-term silver lining is how changing consumer shopping habits are beginning to increase Web eCommerce traffic even further. Remember the global economy is dynamic, and naturally goes up and down, so try not to get to stressed when downturns happen and take the opportunity to put in place the tasks you need to accomplish and maintain optimal search engine optimization, and keep traffic flowing to your site regardless what state the economy is in, and with time the economy will experience strong growth again, and you will be positioned to enjoy even greater “Webtrepreneurial” success.
Mastering the Markets: Entrepreneurial Strategies for Success
Published July 20, 2009 | 
Global Entrepreneurs who have owned and operated their business for very long have learned to appreciate the impact the global economy can have on their businesses, even at a local level that seems to be in relatively good shape in comparison to other niche markets.
The track economies take always goes up in good times and then comes down in more challenging market conditions, and then back up, riding the optimism of good times followed by the pessimism of shrinking markets, and back up again, leaving the entrepreneur with greater challenges to successfully adjust operations during economic downturns.
The first thing global entrepreneurs need to do to master their markets is grow emotional skin thick enough to not only keep from feeling sorry when the economy slows, but also not to get too excited when the economies are performing at a high level. 
A realization and understanding has to be developed and reached the ebb and flow of economic conditions of the markets, as they are going to do what the markets are going to normally do, and of course there is very little that anyone can do to change the natural occurrence of economic cycles, although governments try, but too many times they only succeed in exacerbating the negative portion of the cycles.
Once Entrepreneurs gain control of their emotions it becomes easier to focus on the process of operating the business in the most efficient way in relation to economic conditions. Also, when focus and clear thinking is developed, the easier it is to maintain focus and the more creative one becomes and the more success Entrepreneurs experience in making the right strategic decisions, especially when there is some level of discomfort.
The focused mind set of the Entrepreneur always looks for ways they can use poorly performing economies to their advantage, making “lemonade out of the lemons” they have been handed, and they succeed through innovation which is what the true Entrepreneur is best known for. 
Not only are customers, products and services thought of differently, but promotional strategies are viewed with an emphasis on regular adaptation and modification based on challenging market conditions, or “lemons” the world has thrown at the Entrepreneur.
It is critically important to keep in mind that when the global economy improves, the fruits of innovative mindset thinking remain in the form of new ideas and concepts within the business, and the Entrepreneur has developed and put together a bigger bag of new market strategies, systems and processes that ultimately pay great dividends during both growing economies and recessions.
Global Entrepreneurs collectively with the other millions of small business owners throughout the world are the global economy’s backbone and ultimate solution to moving it towards any economic turnaround, whether locally, nationally or globally. Together, the collective entrepreneurial mind set of small business moves from pessimism to optimism, and as people become more optimistic they in turn spend money, and jobs are created.
The best advice to remember is to “think globally and act locally”, take the “lemons and make lemonade”, and always be part of the solution as the markets grow and recede, and economic struggles are fought, won and lost, and people go back and forth between optimism and pessimism.
Unexpected events and tragedies will always have an effect on the economy, but how the Entrepreneur looks at their business, reacts to challenges and develops innovations will determine ultimate survival and the level of success achieved, which is why any of us make the choice to become Entrepreneurs in the first place.
Entrepreneurs: Opportunities from Growing Unemployment
Published July 17, 2009 | 
Team Altman Interesting News:
Entrepreneurs: Sharpen Focus as Increasing Unemployment Creates Opportunities
Entrepreneurs should be aware that as unemployment numbers continue to increase month after month over the next year or two, opportunities are being created as new markets evolve from the demand for new products and services, to solve problems created by global economic conditions throughout the global economy, and so the Entrepreneurs that are focused and able to identify the problems/voids and associated demands, and innovatively develop solutions through knowledge, experience, and sometimes collaboration with other Entrepreneurs, will enjoy success as a result of their entrepreneurial efforts.
The Rest of the Story: http://money.cnn.com/2009/07/17/news/economy/state_unemployment_report/index.htm?postversion=2009071710