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Entrepreneurship and starting a small business (Getting money to fund a…

- - - - Many people, including those new to this country, may not have the skills for today’s complex organizations, but they do have the initiative and drive to work the long hours demanded by entrepreneurship.
  - - - Entrepreneurs take moderate, calculated risks; they don’t just gamble. In general, though, entrepreneurs seek achievement more than power.
- - - - Successful entrepreneurs take only calculated risks (if they can help it).
  - - - Great business ideas are not enough. Most important is a burning desire to realize, actualize, and build your dream into reality.
- - - - business as one that is independently owned and operated, is not dominant in its field of operation, and meets certain standards of size in terms of employees or annual receipts
    - - Bigger is not always better. Picture a hole in the ground if you fill with boulders, there are many empty's spaces between them. If you fill with sand, there is no space between the grains. Thats how is a business, big business serve all the needs of the market
- - - - may finance your project—for a price. Venture capitalists may ask for a hefty stake in your company (as much as 60 percent) in exchange for the cash to start your business. If the venture percent) in exchange for the cash to start your business. If the venture capitalist takes too large a stake, you could lose control of the business.Since the widespread failure of early web start-ups, venture capitalists have been willing to invest less and expect more return on their investment if the new company is sold.
- - - - -Planning your business.
        -Financing your business.
        -Knowing your customers (marketing).
        Managing your employees (human resource development).
        Keeping records (accounting).