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.
Global Entrepreneurial Strategies Part 3
Published June 22, 2009 | 
“The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.“–Peter Drucker
It is extremely important to realize that highly successful Global Entrepreneurs go to great lengths to develop and maintain their level of understanding of the entrepreneurial strategies they identify and employ, and the specific impact the strategies have on each phase of their business operations.
The U.S. and Global entrepreneurial strategies discussed so far have been the “leadership” and “imitation” strategies. Another strategy involves the control of a small market and is called the “entrepreneurial niche” strategy that means a “practical monopoly” in a “small segment of the market,” and this strategy aims at making successful entrepreneurs immune to competition and therefore unlikely to be challenged, as the successful entrepreneurs will take the cash and let the notoriety go, since it is not important whether they’re known in the marketplace because they control, their segment completely.
Of course, a drawback to this strategy is there is “very little growth” experienced in the market, depending completely on the size of the market, so that if the number of consumers grows, then the business grows, if the size of the market decreases, then the associated business goes down, and keep in mind this strategy can go down fast, as it can become obsolete almost overnight if someone finds a different way of satisfying the same end use.
A similar entrepreneurial strategy involves “highly specialized skills” that tend to serve a larger niche, or market size, and can put entrepreneurs so far ahead in their field that it’s hardly worth the competition to challenge them since they become the “standard”, and typically the timing of the strategy has to be done at the very beginning of a new industry, a new custom, a new market, or a new trend.
It is important to know of course, that specialty skill niches are rarely found by accident, and results from a “systematic analysis of innovative opportunities,” and in every instance the entrepreneur looks where a special skill can be developed to give their new enterprise a unique controlling position, but once the controlling position is achieved the entrepreneur’s skills must constantly be improved in order to stay ahead of any competition, and maintain market control.
Experience has shown the specialty skill niche is a “highly advantageous position,” especially in the rapidly expanding “new technology industry, or market” where it is the most advantageous strategy. In a new technology, a new industry, or a new market, the strategy offers an optimal ratio between opportunity and risk of failure, or in other words the greatest chance for success and the combination of today’s Internet market and social media represents extremely interesting areas for such success.
Experience has also exposed limitations and it is important to note the greatest threat to the specialty market position, is success itself that turns the niche market into a mass market that is flooded with competition, and presenting the entrepreneur with the challenge of knowing exactly when to “re-adapt the business model” or “sell the business” for the most profit and continue searching for new specialty niche markets to explore and conquer, but the return on investment of time and skills can be extremely high.
The Global Entrepreneur Nation
Published June 19, 2009 | 
“Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.”– Ronald Reagan
The voice of entrepreneurs in the Global economy is a quiet voice that will save the US and Global economy, and although their collective voice is several million, entrepreneurs are quietly working hard every day to operate and maintain their businesses, although certain aspects of Entrepreneur Nation is not so quiet since the economic engine is heard loud and clear for those who take the time to listen, but right now it is being drowned out by the special interest groups that own US congressional members and the White House including labor unions and big business that have seen their better days and now only serve to be a major drag on the rest of the economy as evidenced by statistic after depressing statistic directly related to their market place meddling , and because they proportionally demand too much from the people of the United States just for survival, and in the union’s and big business quest for survival they have brought down every corner of the economy.
Many everyday common business names that many of us have grown up with, and developed the mind-set that they would be around forever, have been forced to close or are faced with liquidation and bankruptcy, while others will be able to reinvent themselves in time to adapt to the ever changing markets and trends.
This is a critical time in the life of the US and Global economies, as this is the time for Entrepreneur Nation begin to awaken through reinvention, change and adaptation and begin to shine and save both the US and Global economies, since innovation and recognition of opportunities are its cornerstones, and as many businesses are forced out of business because consumers that make up the markets are still not spending, and are currently idling in save mode, or paying off their tremendous share of debt built up over the past 20 years.
With the natural forces of the market place, it is part of the natural occurrence and flow of inevitable market events, that businesses with extremely weak and unfavorable balance sheet and cash flow positions, are too weak to continue operating in today’s economic environment, and should execute any exit strategies they might have, and new entrepreneurs and investors 
with clear and concise business plans, and good balance sheet and cash flow positions take advantage and seize opportunities to take their place and meet future demands as markets begin to recover, and develop new innovations to improve services and products.
The Entrepreneur Nation knows that it is unnatural for the tremendously bloated spending and associated debt that is being accumulated by the result of misguided and wrongly influenced bureaucrats in Washington, funding businesses which need to close, or be reinvented or scrapped altogether, scrapped to make room for new breeds of entrepreneurs and business that can meet the new challenges and demands, and change quickly to meet new trends as soon as they are identified and develop new and more effective market strategies. It makes more sense to provide this type of funding to growing businesses with more solid financial positions and detailed business plans to create wealth, jobs and more opportunities.
The Global Entrepreneur Nation is made up of innovators that observe and take advantage of opportunities, create new goods and services, and improve existing products, provide choice by adding goods and services to the marketplace, as they offer variety and design different approaches to familiar problems, and finally but most importantly, hire workers for their businesses, and by consuming resources and provide jobs in the industries that supply those resources, and helps the Global economy grow.