Category Archives: Entrepreneurship

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Do I Need a Business Plan?

As in just about every area of life, the importance of planning really can’t be overemphasized for the entrepreneur.  This old saying is very true:  Failure to plan is a plan for failure.  Even though some entrepreneurs may “luck” into success without going through the

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My First Business

I started my first business when I was in fourth grade, but having grown up on a ranch in Texas, many of the usual ways a kid earns money weren’t really available to me.  I couldn’t have a lemonade stand or a paper route or

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The Bilingual Entrepreneur

The world we live and work in today is a much smaller place than it was even just a few years ago.  Advances in telecommunications and transportation technologies have increased international and cross-cultural interactions among people and businesses.  Each of us is impacted personally by

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What is an Entrepreneur?

The term entrepreneur comes from the French word, entrependre, which means “to undertake,” and this is precisely the basic principle of entrepreneurship.  An entrepreneur is one who has a vision of an opportunity and takes the initiative to capitalize on it.  In simple terms, he