Isaac Aydelman - Making it Happen

Join as at the International Vocational College on the 25th 

to hear how inspiration struck 17 year old Isaac Aydelman to start up
The AI Ark a premiere concierge & lifestyle managent company
in Hong Kong, Portugal and Malta.

All this while maintaing his correspondence  A- Level studies. 

This guy takes determination to another level!

Come on guys no excuses, Whats stopping you!?

What does it mean working as an Intrapreneur?

 — building a new businesses inside established companies... how can we help employees to do that?
Most companies, when hoping to improve innovation, focus on generating ideas. Managers obsess over the front end of the innovation process. But the real leverage is in the back end—in execution, in Intrapreneurship.

Here are the 10 commandments of Intrapreneurs:

1.Come to work each day willing to be fired.
2.Circumvent any orders aimed at stopping your dream.
3. Do any job needed to make your project work
4. Find people to help you
5. Follow your intuition about the people you choose, and work only with the best.
6. Work as long as you can.
7. Never bet on a race unless you are running in it.
8. Remember it is easier to ask for forgiveness than for permission.
9. Be true to your goals, but be realistic about the wasy to achieve them
10.Honour your sponsors.

Companies which are willing to let their employees be Intrapreneurial, will see new businesses develop within their established ones, allowing for growth.

PluggedIn Joins the Talk on the 23rd.

Young Entrepreneurial Guest Speakers will be introducing their brand new innovative idea!  - PluggedIn at The Entrepreneurship talk on Wednesday the 23rd January at IVCM.  Make sure to Check out PluggedIn  - http://www.facebook.com - and if you like what you see, be sure to join us on the 23rd to find out where their great idea came from!! 

Entrepreneurship

Entrepreneurship according to successful entrepreneurs, Luke and Stefan. Come and join our event on the 23th of January, 2013 at 5.30 pm. Venue: IVCM

More on mistakes entrepreneurs make

Recently I have been reading quite a bit about mistakes entrepreneurs make, we do not need to re-invent the wheel, but getting it work more efficiently ! Therefore learning from these mistakes is actually quite useful, and some of the general conclusions are listed down here below:

·         Develop a sound business plan

·         Attract and retain customers

·         Develop marketing niches

·         Maintain self-sufficient cash flow

·         Control costs

·         Identify problems early-on

·         Select appropriate resource people and staff

·         Forecast  growth cycle of new products/services

·         Innovate

·         Monitor and respond to trends

·         Adjust to changing markets and competition

·         Use technology efficiently

·         Work-through family problems

·         Maintain Control

·         Keep an inventory of your tasks and projects

·         Generate new and retain existing customers

·         Deal with impending litigation

·         Obtain needed financial resources

·         Keep on top of your Inland revenue paperwork and accounting

·         Keep good records

·         Communicate well internally

Bottom of Form

 

 

5 Quick Do and Don'ts of Entrepreneurship

DO

(1)   Put customers first all the time, listen to them, their needs and what they want out of your product/service.

(2)   Conduct quality market research before launching a product/service.

(3)   Test the market before launching full speed ahead and spending your budgets

(4)   Involve the end user as much as possible in the whole process. Involving them at the early design stages means that you are closer to your customer.

(5)   Provide the maximum value consistent with the sales prices

 

DON’T

(1)   Believe your own marketing and PR… listen to others.

(2)   Assume “because I can make a better  website than others, the market will agree with you”

(3)   Underestimate your customers and their purchasing prowess.

(4)   Build your dream team with friends. You need specific people with exceptional talents to compliment the team.

(5)   Underestimate your initial costs, these will be usually double what you expect.

 

Then... just learn as much as you can and go for it!!

 

Great Value Professional Courses: Monitoring the Performance of your business, Working as an Intrapreneur, Operating your Business, E-marketing and Website Design. @ 50 euros each course