Comments on: Stoking the Entrepreneurial Fire http://www.youngentrepreneur.com/blog/stoking-the-entrepreneurial-fire/ Young Entrepreneur Forums - your online discussion forum to share and talk about Entrepreneurship. A place to learn and to help others with starting, managing and growing successful business ventures. Thu, 09 Feb 2012 11:43:00 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: rachna http://www.youngentrepreneur.com/blog/stoking-the-entrepreneurial-fire/comment-page-1/#comment-16266 rachna Wed, 30 Jun 2010 06:05:23 +0000 http://www.youngentrepreneur.com/?p=3407#comment-16266 Nice insightful article Nice insightful article

]]> By: Frank Fitton http://www.youngentrepreneur.com/blog/stoking-the-entrepreneurial-fire/comment-page-1/#comment-11965 Frank Fitton Tue, 13 Apr 2010 21:07:18 +0000 http://www.youngentrepreneur.com/?p=3407#comment-11965 Eureka moments are great, but their not going to happen all the time or for everyone. Instead of sitting around waiting for some great idea it's important to get out there and do something. If you're a great mind you have something to contribute. I'd look into the possibility of buying a business. There's nothing that says you can't keep those creative wheels burning while still spending some time generating some positive cash flow. There are many mature, profitable businesses for sale out there. Most of these are for sale by owner on the hidden market. All you need is to do the due diligence and maybe get a little help from someone like a business broker, or even better a Business Buyer Advocate. Find an area where your expertise can be put to work for you rather than just hoping and praying for the next great idea. Most of the totally great new ideas have already been taken. What would be easier to do would be to take someone's great idea and make it even better. Anyone interested in the buying of a business should check out http://www.businessbuyeradvocate.com/ . It is a great blog full of must have knowledge for anyone thinking about taking the plunge. It is frequented by quite a few experts in various aspects of the field that can help you with any questions you might have or perspective you might need. Buying a business very well could be the most important decision you ever make in your life. You have to make sure you buy the right business the right way. Eureka moments are great, but their not going to happen all the time or for everyone. Instead of sitting around waiting for some great idea it’s important to get out there and do something. If you’re a great mind you have something to contribute. I’d look into the possibility of buying a business. There’s nothing that says you can’t keep those creative wheels burning while still spending some time generating some positive cash flow.

There are many mature, profitable businesses for sale out there. Most of these are for sale by owner on the hidden market. All you need is to do the due diligence and maybe get a little help from someone like a business broker, or even better a Business Buyer Advocate.

Find an area where your expertise can be put to work for you rather than just hoping and praying for the next great idea. Most of the totally great new ideas have already been taken. What would be easier to do would be to take someone’s great idea and make it even better.

Anyone interested in the buying of a business should check out http://www.businessbuyeradvocate.com/ . It is a great blog full of must have knowledge for anyone thinking about taking the plunge. It is frequented by quite a few experts in various aspects of the field that can help you with any questions you might have or perspective you might need.

Buying a business very well could be the most important decision you ever make in your life. You have to make sure you buy the right business the right way.

]]> By: Amy http://www.youngentrepreneur.com/blog/stoking-the-entrepreneurial-fire/comment-page-1/#comment-8957 Amy Thu, 25 Feb 2010 13:59:51 +0000 http://www.youngentrepreneur.com/?p=3407#comment-8957 I like your article. I am super new to the entrepreneur world and just started writing, positing, blogging, tweeting, etc. I think it is important for YE to join communities in which they are passionate. We all have talents and we all have great ideas in some fashion. A great idea is worthless unless you implement it. Our motto is Beat it to Death and Work the Plan !! I think it is great that there are so many YE in the world. In this recession, now is the best time for small businesses to work the plan. I like your article. I am super new to the entrepreneur world and just started writing, positing, blogging, tweeting, etc. I think it is important for YE to join communities in which they are passionate. We all have talents and we all have great ideas in some fashion. A great idea is worthless unless you implement it. Our motto is Beat it to Death and Work the Plan !! I think it is great that there are so many YE in the world. In this recession, now is the best time for small businesses to work the plan.

]]> By: @lizzieormiston http://www.youngentrepreneur.com/blog/stoking-the-entrepreneurial-fire/comment-page-1/#comment-8891 @lizzieormiston Wed, 24 Feb 2010 14:38:17 +0000 http://www.youngentrepreneur.com/?p=3407#comment-8891 I really like the content in #5, but I would almost call it - Stay true to your quest. Those with entrepreneurial drive are unique. Not everyone gets that spark of inspiration that rushes through you. Fewer couple that with a solid gut feeling. And even fewer move it forward. I wish I could say I had all three traits, but I often stop after the gut feeling. Staying true to your quest is important and will help overcome some of the barriers. Here is a post that you might enjoy. http://bit.ly/c9ZDbp I really like the content in #5, but I would almost call it – Stay true to your quest. Those with entrepreneurial drive are unique. Not everyone gets that spark of inspiration that rushes through you. Fewer couple that with a solid gut feeling. And even fewer move it forward. I wish I could say I had all three traits, but I often stop after the gut feeling. Staying true to your quest is important and will help overcome some of the barriers.

Here is a post that you might enjoy. http://bit.ly/c9ZDbp

]]> By: Pat Campbell http://www.youngentrepreneur.com/blog/stoking-the-entrepreneurial-fire/comment-page-1/#comment-8792 Pat Campbell Mon, 22 Feb 2010 04:58:51 +0000 http://www.youngentrepreneur.com/?p=3407#comment-8792 "What they had, more than anything else, was a belief in their dream, an ability to focus on their goals, and, most importantly, a sense of perseverance that pulled them through when they needed it most. And none of those qualities are reserved for a select few" Well, said. There have been times when I am facing change in marketing strategies, that except for that deep gut belief that there will be a breakthrough, I might have been long gone. I am grateful that each of us are designed to be great. There is contribution, meaning and influence that each our lives can have. Entrepreneurship is limitless as to where the qualities that count, can take us. “What they had, more than anything else, was a belief in their dream, an ability to focus on their goals, and, most importantly, a sense of perseverance that pulled them through when they needed it most. And none of those qualities are reserved for a select few”

Well, said. There have been times when I am facing change in marketing strategies, that except for that deep gut belief that there will be a breakthrough, I might have been long gone.

I am grateful that each of us are designed to be great. There is contribution, meaning and influence that each our lives can have. Entrepreneurship is limitless as to where the qualities that count, can take us.

]]> By: Jose da SIlva http://www.youngentrepreneur.com/blog/stoking-the-entrepreneurial-fire/comment-page-1/#comment-8754 Jose da SIlva Sun, 21 Feb 2010 10:57:18 +0000 http://www.youngentrepreneur.com/?p=3407#comment-8754 Agree with planning and embracing change paragraphs. This was a good post with some inspiring moments. Thank you Agree with planning and embracing change paragraphs. This was a good post with some inspiring moments.

Thank you

]]> By: Daily Fuel – Weekend Primer – February 20th/21st « Live Relentless http://www.youngentrepreneur.com/blog/stoking-the-entrepreneurial-fire/comment-page-1/#comment-8728 Daily Fuel – Weekend Primer – February 20th/21st « Live Relentless Sat, 20 Feb 2010 14:41:12 +0000 http://www.youngentrepreneur.com/?p=3407#comment-8728 [...] Let’s get entrepreneurial: Quick hit items to stoke the entrepreneurial fire. [...] [...] Let’s get entrepreneurial: Quick hit items to stoke the entrepreneurial fire. [...]

]]> By: Maren Kate http://www.youngentrepreneur.com/blog/stoking-the-entrepreneurial-fire/comment-page-1/#comment-8724 Maren Kate Sat, 20 Feb 2010 08:22:49 +0000 http://www.youngentrepreneur.com/?p=3407#comment-8724 I agree 100% especially about the planning portion of entrepreneurship. Cheers & good, inspiring post! I agree 100% especially about the planning portion of entrepreneurship. Cheers & good, inspiring post!

]]> By: Tom | Build That List http://www.youngentrepreneur.com/blog/stoking-the-entrepreneurial-fire/comment-page-1/#comment-8716 Tom | Build That List Fri, 19 Feb 2010 22:24:36 +0000 http://www.youngentrepreneur.com/?p=3407#comment-8716 I think that as entrepreneurs we are usually really susceptible to negativity. This is why having a strong network in place is so important because not only will the cheer on our victories, but they will encourage us when we are struggling. I think that as entrepreneurs we are usually really susceptible to negativity. This is why having a strong network in place is so important because not only will the cheer on our victories, but they will encourage us when we are struggling.

]]> By: Matthew http://www.youngentrepreneur.com/blog/stoking-the-entrepreneurial-fire/comment-page-1/#comment-8711 Matthew Fri, 19 Feb 2010 19:51:37 +0000 http://www.youngentrepreneur.com/?p=3407#comment-8711 Yes, great article! I can’t agree more with your second point “embrace change”. Our company competes in the online advertising space and we threw out our business plan along time ago. There have just been so many changes in our market, customer needs etc. Don't get me wrong, having a business plan is an essential but it’s important to remember not to hide behind the business plan as the business grows. Yes, great article! I can’t agree more with your second point “embrace change”. Our company competes in the online advertising space and we threw out our business plan along time ago. There have just been so many changes in our market, customer needs etc. Don’t get me wrong, having a business plan is an essential but it’s important to remember not to hide behind the business plan as the business grows.

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