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Entrepreneurship Articles

49. From Small Business To Big Business: Gap Inc
Entrepreneurs need inspiration. Because building a business is about having a vision and the will to succeed. The businesses in this series of articles have all started small and have since become icons of the business world. In this article we feature Gap Inc.

50. From Small Business To Big Business: 7-11 Inc
Entrepreneurs need inspiration. Because building a business is about having a vision and the will to succeed. The businesses in this series of articles have all started small and have since become icons of the business world. In this article we feature 7-11 Inc.

51. 5 Simple Ways to Make Money Online
Everyone wants to make money online and they want an easy and simple way to do it. Here are 5 simple ways you can make money online starting today.

52. How to Become a Successful Online Entrepreneur
There is no doubt that many people would like to know exactly how to become a successful online entrepreneur For a start let us take a look at the dictionary definition of entrepreneur. I think we need to be clear about what exactly an entrepreneur is before going any further. Cambridge dictionaries online define an entrepreneur as someone who starts their own business, especially when this involves risks So there is no confusion here. It is very clear. If you start your own business you are an entrepreneur but it does seem to have to also include an element of risk. You could argue that any new business involves risk and that is certainly true, but successful entrepreneurs are willing to take much greater risks than your average new business starter How exactly do you become a successful entrepreneur? Well that has to be the million dollar question. If there were a prescribed and reliable formula, we would all be multi millionaires. There would be no risk and so paradoxically, perhaps no more entrepreneurs! There are certain characteristics that successful entrepreneurs seem to possess, such as total dedication. So what drives an entrepreneur and what makes them different to most other people? What is their vision compared to mere mortals? For certain there are a number of qualities they all share and without them, they would probably not be entrepreneurs Entrepreneurial qualities You could say that any person willing to work hard at their own business is an entrepreneur but it has to be more than that. Many people try unsuccessfully to make it on their own, and many, in fact most fail, often just giving up because their efforts do not produce the hoped for results quickly enough The true entrepreneur is remorseless in the pursuit of their goal. It is as much about achievement as it is about money but the money, as you might guess, is the real proof of success. Entrepreneurialism has making money at its heart but the means to achieving this is almost incidental. You could sum up the major qualities of a successful entrepreneur as follows A successful entrepreneur thinks outside the box and is never satisfied with mediocrity in any part of their life A successful entrepreneur is not necessarily obsessive, but is extremely highly motivated and committed to achieving their goal The journey will be determined by its likelihood of success, not because it is enjoyable or laudable (although it might be either or both). Ultimately the enjoyment is in the success All successful entrepreneurs leverage the efforts of others. This is a good and beneficial thing as long as it does not involve exploitation No obstacle (short of death maybe) is too difficult to overcome. Where there is a will, there is a way. It is all in the mindset! There is no giving up even when the way is fraught with setbacks. Expect them The successful entrepreneur will do whatever it takes to reach the goal even if it means starting again The successful entrepreneur must be able to handle both risk and stress. If not, burn out is extremely likely So where does that leave you? It seems clear that the entrepreneur is a special breed Is it your intention to become one or are you already an entrepreneur? Do you think you have at least some of the above qualities? You will probably need them all unless you just happen to get lucky in some way Are you or have you already been successful? This will help The new Entrepreneur I believe a new breed of entrepreneur is emerging. They have all the necessary qualities of determination but are of a different mindset and they want success quickly. Most of their business is conducted online often utilising powerful software and the opportunities provided by Web 2.0 (at least at the time of writing) But it is not just about making money for many of them. Many are also dedicated to helping others and often set up and fund special projects to achieve this. This is not a show of wealth but a genuine act of benevolence With this in mind, perhaps there is a further quality we should be adding to our list of what it takes to become a successful entrepreneur Sharing success with others, and especially with those whose lives are deprived or impoverished in comparison to our own The new successful entrepreneur is most likely an online operator because it is more than possible to have a great deal of success, even just working from home The risks are much smaller working online and it is a relatively inexpensive start-up compared to most traditional businesses The secret of how to become a successful online entrepreneur is quite simple. You need a proven system that can easily and quickly be tapped into where all the hard work has already been done for you. You just buy into the ride There are many offers available but the best solution has to be a top tier, high ticket, business in a box, with a minimum commission of around $1000 (one thousand dollars). I would not involve myself in any other kind of business. Why bother when it takes no more effort to make a thousand dollars than it does to make a hundred

53. Make the Most of Your Retirement
It's possible to enjoy the many perks of the retired lifestyle and add a generous supplement to your retirement income. Your years of experience and high level of expertise in your industry are incredibly valuable to employers, and by offering your knowledge on a consulting basis, you can still stay engaged with what you enjoyed during your working years.

54. Advantages And Disadvantages Of An Online Business
There are advantages of online business as well as disadvantages that will help you weigh things out if you need a little more time to think.

55. Tips for Finding Legitimate Paid Surveys Online
It's easy to find survey companies online, but not always easy to find the legitimate ones. Here's some tips on finding legit paid survey sites.

56. Successful Entrepreneur Business Opportunity
Todays entrepreneur has many choices when it comes to where to invest their money. There are endless options however, not all of them are lucrative. For those looking to make their current fortunes work for them, the right person and the right business venture are needed.

57. Health Concern Supplement Manufacturer
The market trends in dietary supplements reflect current scientific research combined with current health conditions and trends. A look at the nutraceutical market today will show that there are specific products for supporting specific health conditions for the heart, lung, diabetes, pregnancy, supplements specifically for women, men and women over 40, for children and for the aging, those actively involved in sports, body building, for dieters, for skin and digestion, and for hair care. General health products for overall health and nutrition are still available categorized by age groups and gender. Growing Research and Health Trends As more studies are done on specific supplements, more customers are looking for health supplement manufacturers they can trust to withstand the rigor of scientific review. The medical community has grown more receptive to nutritional supplementation. The market is continually expanding. As a result, there is an increase in specialty formulations. Supplement manufacturers with high QC processes providing new and efficient solutions for growing manufacturing needs are in high demand.The demand for health supplements that provide preventive health and an alternative to pharmaceutical drugs with its related side effects will continue to grow. Consider these facts:As an aging population continues to rise, there is a strong demand for products that help maintain aging health. These include antioxidant formulas, anti-inflammatories, products that support eye health and brain health, and cardiovascular support productsThere is a continued interest and growth in menopausal support products in reaction to the negative research surrounding hormone replacement therapy. The demand for exercise programs, diets and supplements to aid in weight management will continue. The glucosamine / chondroitin market is still very active and represents a significant portion of this industry. More people are interested in essential fatty acid (EFA) formulations.There is more research being performed on botanicals and the herbal segment of our industry is a hot, growing segment.Green foods are another very hot segment.The high-protein, low-carb trend is certainly influencing supplements in traditional and powdered forms. These can be found in meal replacement drinks and in mixes targeting the fitness industry.Men's health is finally receiving increased attention. Multiple vitamin and mineral supplement designed to provide specific nutrient support for men is on the rise.Sales of vegetable capsules are on the rise. There are consumers who are very vegetarian oriented who like to stay away from animal-based products and prefer a vegetable-type capsule.There is even a demand for kosher nutritional supplements.Some of these products are supported by truly excellent research that have demonstrable benefit and which are not only effective, but also safe and reasonably cheap too. Easier Consumer Choice With commercialization of products bombarding the public, the challenge of choice can be quite daunting. Supplement manufacturers can make the choice easier. For instance, in 1994 Bayer’s introduced a line of 8 major specialized health supplements. Jim Kindel, category director of nutritionals at Bayer said, "Consumers will no longer have to sort through a mind-boggling array of herbs and vitamins to try to figure out which ingredients to use to maintain their good health. We're making it a lot more convenient for consumers. We've done the homework - and even the legwork - so they don't have to." Using a specific focus for maintaining specific health concerns made Bayer’s One-A-Day different than other vitamin brands that focused on overall total nutrition with a multivitamin. Consumer Demand Designer Nutrition is in. Years of research and understanding what consumers need, can help supplement manufacturers to produce supplements that are more specific to the needs of today’s health conscious public. Don Kendall, co-founder and CEO of GreenTree Nutrition said, "We are seeing an overwhelming demand from customers for a wellness solution that is personalized to meet their needs,"In 2000, Acumin’s began SmartSelect, an online system that evaluates the customer's specific needs to formulate a set of vitamins, minerals, antioxidants and herbs designed specifically for that person. Customers' needs are assessed, and they are given one of over 37 million formulation combinations personalized to meet their exact criteria. By providing more personal nutrition, more specific to their personal health needs, people who used to take a dozen pills a day can take just three or four.Along with the demand for more specialized nutritional supplements, manufacturers are seeing the need to empower consumers with comprehensive and personalized information they can trust to make informed choices about their health and nutrition. Their websites combine objective health information with the cost advantages and convenience of online shopping. Good Business Strategy Besides providing the consumer with a more informed and personalized nutritional supplement choice, from a business perspective, having a specific demographic or a specific health product for a specific health condition is imperative to sell a product. A company must know who will be buying the product so that it can market specifically to those consumers. Advertising and marketing becomes more specialized and targeted and more importantly, advertising is more likely to succeed when geared to a specific target consumer audience. The Future No two people are alike in their supplementation needs. A one-size-fits-all dietary solution cannot be universally applied. Biological individuality calls us to look for an integrated supplementation approach, one which addresses metabolism, lymphatic function, blood circulation, skin health, detoxification capacity, digestive function, immune function not excluding genetics and heredity, exposure to environmental toxins, and even culture. Other causes of nutritional deficiencies are traced to psychological and physical stressors, activity levels, age, weight, gender, lifestyle, habits and sensitivities. Therefore, a personalized approach is necessary, which will result in prescribing a combination of dietary supplements for individual needs.During the past several years, the focus of nutritional sciences has shifted from deficiency disease prevention to optimizing health and chronic disease prevention. This research, along with the expectations of the increasingly health-conscious consumer, is leading to more highly tailored food choices and nutritional recommendations to meet individuals' specific needs. The challenge for nutraceuticals in the near future will be to provide tailored choices for specific health conditions.

58. Challenges You May Encounter from a Supplement Manufacturer
Supplement manufacturing is a $20 billion industry in the United States. This industry is a growing lucrative prospect. Because the cost of setting up a manufacturing unit is expensive, many clients prefer to use the expert services of a supplement manufacturer. However, before jumping on to the bandwagon, consider the challenges that might be encountered from a supplement manufacturer.Supplement manufacturers and their clients need to work closely together in the production of health supplements that are viable in today’s market, reflecting the needs of the community and most importantly—a quality nutrient that is consistently dependable and reliable. Hence, one of the most challenging areas is a manufacturer who gives utmost priority to quality control. Poor Quality Control Dissolution failure, sub-potency, super-potency, mis-labeling and a number of other problems continue to plague nutraceutical companies.Unlike synthesized products, quality control poses unique challenges for a natural product. Often, without extensive method development and research, it is not possible to verify the marker compound levels against the label claim (i.e. Supplement Facts Label). This is especially true when the compounds found in two or more of the botanicals are in the same class. When a product contains a blend of 10 botanicals that are not standardized extracts it is even more difficult. Also, many botanical constituents will bind to excipients to some degree, making complete extraction difficult. And, once extracted from the botanical, many constituents will begin to degrade rapidly making verification difficult, if not impossible.Clients who have developed dietary supplement formulas should consider establishing a relationship with an independent laboratory that has experience in analytical method development and validation for natural products. By supplying the lab with a sample of each raw ingredient used in manufacturing, the lab can create controlled mock-ups of the formulation and compare them to the finished dosage product. In addition, the lab can test each single ingredient to see how it compares to the original supplier's C of A. Contract labs offer independent verification of the product's quality. This has become increasingly important in today’s industry.Another aspect to quality control is batch lot testing which ensures quality control at the initial level. The potency and purity of herbs depends on the quality of the raw herb used and the care taken in manufacturing. The NNFA GMP program mandates that all botanical raw materials be batch lot tested for identity every time. They require this as well as a number of other protocols because of the known lot-to-lot variations that occur in agricultural products.In order to save costs on an independent laboratory analysis of the finished product, supplement manufacturers may ask their client to depend solely on their production records to demonstrate that a particular production run was properly prepared. Their records combined with analytical testing of the incoming raw materials, may suffice to meet the needs of their clients. But trends are changing. Quality Control has become extremely important.If there are no quality control measures established and a consumer survey reveals that the label potency claims do not match actual potency of the product, consumer confidence is lost. To avoid this situation, it is important for clients to establish quality control methods early and request for analytical reports from third party labs that prove that their products are meeting label claims before they accept shipment from the supplement manufacturer. Non-Compliance to GMP standards Numerous companies each year have products recalled due to a lack of GMP protocols in their facility. Poor-quality products are a problem. Consequently, people will not continue to buy ineffective products. The health supplement industry has begun to call for Good Manufacturing Practices (GMPs) on a voluntary and self-enforced basis. Make sure your supplement manufacturer is GMP compliant and adhering to its policies. Although the FDA has yet to finalize the dietary supplement industry GMPs which were mandated in the 1994 DSHEA act, pharmaceutical GMPs have been in place for some time. Inexperienced Research and Development Department The R&D team should be prepared to work closely with customers to create new formulations or help to expand existing product lines offering suggestions as to what could be added to the dosage form in order to enhance its potential value to consumers. They should be experienced in product development, blending, packaging and agglomeration.It is important to work with a manufacturer that is familiar with the different materials and how they might react with one another so that product integrity can be preserved. This is especially important as nutritional supplements consist of more complex formulas with multiple ingredients. Substitution of Cheaper Compounds Stringent manufacturing practices are useless if the nutrients cannot be easily absorbed by the body. Some supplement manufacturers may substitute cheaper compounds. A client should make sure that more absorbable compounds are being used rather than the less absorbable ones. For example, many calcium formulas include magnesium; well-absorbed forms include magnesium aspartate, magnesium glycinate and magnesium oxide. Many other minerals may be complex as aspartates or picolinates, which generally provide excellent absorption.Additives also effect the absorption of nutrients by the body. Additives are used by all manufacturers use in the production of supplements. These additives have a number of effects, including decreased absorption. In a study published in Pharmaceutical Technology, the percent dissolution for capsules after 20 minutes in solution went from 90% without stearates to 25% with stearates. These substances clearly affect the dissolution and rapid absorption of nutrients.Problems with supplements can render them useless and in some cases even dangerous. Clients should have access to an experienced R&D team for expertise in manufacturing and formulation, and in nutrient selection. Inadequate Facility An inadequately equipped facility could pose a challenge. The supplement manufacturer is often unable to do the type of work necessary, because they do not have the right type of equipment. Maintaining product form of a whole food ingredient requires specialized processing equipment and experience to accomplish proper mixing, pasteurization, and maintain product appearance. It is necessary to have full lab services on premises.Clients have different needs e.g speed of turn over, small batch capability. Many manufacturers are not geared for this. Communication Being clear on goals and expectations right from the initial stage is critical to avoid problems. Quality needs to be built in from the initial stages. If the client is geared for the cost of quality, it can be factored into the margin as well.The customer must be convinced the contract manufacturer will produce the final product to the same specifications as the client’s own production processes. The supplement manufacturer should be able to provide educational materials to its clients so that they will understand the issues facing the operation. Supplement manufacturers need to assure their clients that they have a strong commitment to customer service, GMP production methods and food safety issues.Confidentiality Agreements will allow for free exchange of information and ideas to develop the optimum product and maximize sales for clients. Trust Exercising caution against dishonest business practices needs much wisdom and discernment. Trust has become a priceless commodity today. Clients need to have faith in the manufacturing of their products to ensure continued success. Supplement manufacturers should be open to clients visiting manufacturing sites where their products are made. Clients should learn as much about the process as they can and inspire manufacturers to review manufacturing techniques and innovations.Trust means that a supplement manufacturer will keep confidentiality against the client’s competitors, safe-keeping of formulas, produce a well-made product that is also quality consistent, and keep to delivery schedules with short lead times. These are just some of the aspects that will help build trust. Mis-Labeling of Health Supplements Labels can be misleading. Here are some guidelines to what is legally required.Any claim a health supplement manufacturer may make must be truthful and not misleading, and the ingredients you use must be safe.A dietary supplement must specifically be labeled as such, and the label must include information regarding the product’s identity, quantity, directions for use, and manufacturer or distributor. The FDA also requires a Supplement Facts panel, which provides details about the nutritional ingredients included in the product.The Dietary Supplement Health and Education Act allow manufacturers to make only general claims about the benefits of their products, called "structure/function" claims. Examples of such claims include "helps promote healthy skin," "helps improve strength and agility," or "helps improve cardiovascular fitness." All health supplement manufacturers must include a disclaimer that the claim has not been evaluated by the FDA and that the product is not intended to treat, cure, or prevent any disease. Manufacturers must also notify the FDA of their claim within 30 days of marketing the product. And, of course, they must be able to substantiate their claim as true.

59. Becoming a Published Author is Within Reach
The desire to pass along information may provide a revenue stream that you may not have considered. Ebook publishing is a rapidly growing industry that requires little startup costs and several ongoing benefits.

60. Dentistry: 28% of Dentists Would Rather Be Associates
Three-quarters of dentists would rather be their own boss than work for someone else, according to a recent survey by The Wealthy Dentist. Evidently, being in charge beats being a dental associate.


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