With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as “Cap Rate,” & “Cash-on-Cash Returns.” Terms that only the ‘smart’ and ‘numbers-oriented people use to determine if a Real Estate purchase is a “Good Deal”, or not. A majority of the realtor brethren attended real estate school because they are excited and passionate about the promise of selling real estate and making a fantastic living. That being said “Times are a Changing.” Even if you live in a Hot Market where residential…

If you are looking for a great electric kitchen range, than look no further. The Maytag Gemini MER6772 Electric Range has many features available. It is electric and smooth top for easy cleaning and it has 4 cooking elements. The one thing that I love the most is the glass top, it is so easy to clean and my wife makes a mess when cooking. custom range hoods This particular cooking range has two ovens, which is great for large families that require a lot of cooking. I am very happy with my purchase of this Maytag range. I had a whirlpool before purchasing this particular stove. The whirlpool was…

Which ones are you making? How can you avoid them? I was recently asked to do a presentation with my associates at a breakfast seminar for business clients. We had arrived at the title “Seven Biggest Mistakes that Entrepreneurs Make” before I had the list prepared, so I decided to do a survey of entrepreneurs and their advisors to complement my own ideas. The feedback was enlightening. Here are some of the suggested “Biggest Mistakes” from the survey: “Cash flow, cash flow, cash flow”, “Afraid of Marketing and Sales, “Reactive, not strategic”, “Not delegating”, “Hiring too fast, Firing too slow”, “Not focused”, “Communicating too much, or too little”, “Not using…

I have written in this column before about whether entrepreneurs are made or born (January 18). As I noted in that column, the issue is no longer the subject of debate. Entrepreneurs can be made, that much is clear. Unfortunately, the culmination of that debate begs a new question: What do aspiring entrepreneurs need to learn? The most fruitful research into this question has identified a number of cognitive skills that “expert entrepreneurs” possess. Cognitive skills are, in short, unique ways of thinking. Entrepreneurs who have been examined to reveal the cognitive skills they possess are usually NOT able to articulate them. They are aware that they’ve developed capabilities to convert disparate…

What is an entrepreneur if not an asset to the community? Whether you’re running a solo enterprise or your business has a cast of thousands, as an entrepreneur you’re a valuable asset to your marketplace. An entrepreneur provides essential goods or services to those who need them, contributing to the local economy and directing the course of business. I know a man who runs a small publishing concern from his home, and the benefit to his community is manifold. Some years ago, he was inspired to bring non-fiction books and audio programs to business people by developing a catalog. His goods are sold directly to consumers, to retail shops and…

Today, when younger entrepreneurs get so much media attention, it may seem that they have a head start, but in fact, there are twice as many successful entrepreneurs over 50 as under 25 (yeah baby). Apart from life experience, a 50 or 60-something entrepreneur has a couple of other advantages over a young entrepreneur, even if he or she is only starting their first venture. Listed below are just a few reasons why 50+ is a great age for anyone to make his or her dream of being an entrepreneur come true. Richer Network Connections By the time you reach 50 or 60, you’ve probably built at least a few…

You will have seen many people on the internet claiming true entrepreneurship. The web definition of an entrepreneur is “someone who organizes a business venture and assumes the risk for it”. By that definition, you could say that anybody who starts a business and takes total responsibility for all parts of the business is an entrepreneur. There are many people who would fit into that definition, but are they true entrepreneurs? I’m going to break down the basic web definition of an entrepreneur into the several qualifying attributes that make up a true entrepreneur. 1. Leadership – A true entrepreneur is a leader. Someone who can take the reins, assume control,…

When you speak to entrepreneurs you can be sure of one thing, these are people who believes in themselves. (Not discounting religion or faith at all.) An entrepreneur does not always know exactly how things will turn out but you can be sure they believe they will be successful at what ever they do. So why are really successful entrepreneurs good at so many things? Because they believe they can do something and then put their mind and energy into doing it. An entrepreneur is very much like an athlete. A successful athlete wakes up early in the morning before most people hit the snooze button to go out for…

1. Passion The most dominant characteristic found in many successful and famous entrepreneurs is passion. Everything that an entrepreneur does is something that he or she loves to do. Walt Disney pursued his love for drawing and animation; Bill Gates pursued his passion for computers and software. Everything that an entrepreneur does is in some way related to his or her passion. Passion provides the basic foundation for the rest of the skills of an entrepreneur. When entrepreneurs have passion, they are able to work hard without getting tired easily. They love what they do, so even if they do get tired, it is a type of “happy” tired. When…

It is said that in order to become a successful individual in whatever endeavor you wish to take, you must have the right attitude and characteristics. This is also true with an entrepreneur. What is an entrepreneur? Ask ten individuals what an entrepreneur is and you’ll get ten different definitions. According to one definition, an entrepreneur is one who combines the land of one; labor of another and the capital of yet another, and, thus, produces a product. Do you posses the characteristics of an entrepreneur? What entrepreneur characteristics do you need to get a successful business off the ground? Are they really important? Well, of course the characteristics are…