Tag: Idea

How to Come Up With an Idea for a Business #starting #a #new #business

#start up business

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How to Come Up With an Idea for a Business

In their book, Start Your Own Business , the staff of Entrepreneur Media, Inc. guides you through the critical steps to starting a business, then supports you in surviving the first three years as a business owner. In this edited excerpt, the authors offer suggestions for figuring out just what kind of business you d like to start.

How do you start the business idea process? First, take out a sheet of paper, and across the top, write Things About Me. List five to seven things about you things you like to do or that you re really good at, personal things (we ll get to your work life in a minute). Your list might include: I m really good with people, I love kids, I love to read, I love computers, I love numbers, I m a problem solver. Just write down whatever comes to your mind; it doesn t need to make sense.

On the other side of the paper, list things you don t think you re good at or you don t like to do. Maybe you don t like to meet new people or you re really not that fond of kids or you don t like public speaking or you don t want to travel. Don t overthink it.

When you re finished, ask yourself: If there were three to five products or services that would make my personal life better, what would they be? Determine what products or services would make your life easier or happier, make you more productive or efficient, or simply give you more time.

Next, ask yourself the same set of questions about your business life. Also examine what you like and dislike about your work life as well as what traits people like and dislike about you.

Finally, ask yourself why you re seeking to start a business in the first place. Then, when you re done, look for a pattern (i.e. whether there s a need for a business doing one of the things you like or are good at).

Inspiring moments

Inspiration can be found anywhere. Getting an idea can be as simple as keeping your eyes peeled for the latest hot businesses; they crop up all the time. Many local entrepreneurs made tons of money bringing the Starbucks coffeehouse concept to their hometowns and then expanding from there. Take Minneapolis-based Caribou Coffee. The founders had what they describe as an aha moment in 1990 and, two years later, launched what is now the nation s second-largest corporate-owned gourmet coffeehouse chain. Other coffee entrepreneurs have chosen to stay local.

And don t overlook the tried and true. Hot businesses often go through cycles. Take gardening. For the past few years, gardening products and supplies have been all the rage, but you wouldn t consider gardening a 21st century business. The same goes for shoe cobblers and seamstress businesses with people wanting shoes and clothes to last longer or fit just-so, these businesses are in demand, and supply is short.

In other words, you can take any idea and customize it to the times and your community. Add your own creativity to any concept. In fact, customizing a concept isn t a choice; it s a necessity if you want your business to be successful. You can t just take an idea, plop it down and say, OK, this is it. Outside of a McDonald s, Subway or other major franchise concept, there are very few businesses that work with a one-size-fits-all approach.

One of the best ways to determine whether your idea will succeed in your community is to talk to people you know. If it s a business idea, talk to co-workers and colleagues. Run personal ideas by your family or neighbors. Don t be afraid of people stealing your idea. It s just not likely. Just discuss the general concept; you don t need to spill all the details.

Hopefully by now, the process of determining what business is right for you has at least been somewhat demystified. Understand that business startup isn t rocket science. No, it isn t easy to begin a business, but it s not as complicated or as scary as many people think, either. It s a step-by-step, common-sense procedure. So take it a step at a time. First step: Figure out what you want to do. Once you have the idea, talk to people to find out what they think. Ask, Would you buy and/or use this, and how much would you pay?

Determining what you want to do is only the first step. You ve still got a lot of homework to do, a lot of research in front of you. Most important: Do something. Don t sit back year after year and say, This is the year I m going to start my business. Make this the year you really do it!





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Business ideas work from home, business idea for change proposal #small #business #services

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Business news from the Chicago Tribune. Get money tips, stock market updates and the latest Chicago business news.Our team of over 18,000 Springspotters sources the latest innovation, startup, and new business ideas from around the world. View today’s best innovations business ideas work from home Sample business plans, business plan software, marketing plans, business contracts, and agreements.TED Talks are influential videos from expert speakers on education, business, science, tech and creativity, with subtitles in 100+ languages. Ideas free to stream and.

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This article has been excerpted from 55 Surefire Home Based Businesses You Can Start for Under $5,000 by Entrepreneur Press & Cheryl Kimball 2009. Want to know how to start a business or how to run a business to achieve its maximum potential? Small Business Canada will show you how. Absolutely everything you need to start, create, and grow a successful business online is included at Wealthy Affiliate. We cater to all levels of experience, someone.

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Inspiring Women Entrepreneurs: How to Find Your Business Idea #what #is #the #stock #market

#business ideas for women

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Inspiring Women Entrepreneurs on How to Find Your Business Idea

Credit: Dragon Images/Shutterstock

Women may have once been pigeonholed into certain professions, but no longer are they simply expected to do gender-specific jobs. Female professionals are taking control of their careers in a way that works best for them, including when and how they start their own businesses.

Everyone has to start a business that s meaningful to them; I think it s an old model to tell [women] to go into a specific field, said Carin Rockind. a happiness and life purpose expert. I think that s got us to where we are today. What you re passionate about is way more important. Women need to tap into what they re good at and what makes them feel great.

American Express OPEN s 2016 State of Women-Owned Businesses Report found that 11.3 million U.S. businesses are currently owned by women, and an average of 1,072 new female-owned companies are being started every day. This number is growing five times faster than the national average for all businesses, meaning more women than ever are taking the leap into entrepreneurship. [See Related Story:Money and Connections Still Hurdles for Women Entrepreneurs]

As to what kinds of businesses a female entrepreneur should start, businesswomen agree that the sky is the limit.

I don t think there are any guidelines to the type of companies women should begin, said Cologne Trude, co-founder and creative director of Show Me Your Mumu. a boho-chic clothing line. Women s strengths are so diverse that opportunities are endless.

I think women should get excited about what excites them, added Melinda Emerson. an author and business coach known as SmallBizLady on Twitter. There aren t [enough] women-centric businesses out there.

Where to start

Emerson suggests starting a business you know something about. When you re ready to begin the business you re most passionate about, consider your limitations.

I have seen people quit really good jobs to start businesses they hate, Emerson said. There are fantasies of grandeur about running a business. It s really hard out there.

If you have no savings, no money and bad credit, you should not start a business, Emerson said. She suggests saving 20 to 40 percent per paycheck before you quit your job to begin your business.

Most important, Emerson emphasized the importance of doing your research. Make sure you know who your paying customer is.

You always have to check and make sure your business model makes sense in an industry that s growing and not sinking, Emerson said. It needs to be relevant three to five years from now. You don t want [technological advances] taking your business.

As you get your business off the ground, surround yourself with people who will help you succeed, whether it s through support or lending a hand to get the business started, said Cammy Miller, co-founder and creative director of Show Me Your Mumu.

Being a leader doesn t mean you have all of the answers and the more open you are to learning from everyone around you, the more you can grow in your role, Miller said.

One of the things that s been harder for me to learn is to bring other people with you, happiness expert Rockind added. It s very lonely to have your own business. There are so many important skills, and you can t be good at everything. ItꞋs OK to ask for help and collaborate with other people.

Love what you do

Building a business from the ground up is challenging no matter how you look at it. But, ultimately, you should love what you do.

I always encourage female entrepreneurs to be strong and work hard at what they love. Starting and running a business is by no means easy, and there are going to be a lot of hardships and emotional setbacks, Trude said. As a female, running Mumu has been very stressful and emotional at times, but every tear has been worth it and I am stronger because of it.

If Rockind had to go back in time to give herself advice, it would be to just do it.

You have to put yourself out there, she said. Believe in yourself and your purpose.

Shannon Gausepohl graduated from Rowan University in 2012 with a degree in journalism. She has worked at a newspaper and in the public relations field, and is currently a staff writer at Business News Daily. Shannon is a zealous bookworm, has her blue belt in Brazilian jiu jitsu, and loves her Blue Heeler mix, Tucker.

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  • What is a business idea? #china #business

    #what is business

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    What is a business idea?

    A successful company always starts with a compelling business idea. It’s the first milestone in the process of founding a growth company. The characteristics of a promising business idea are:

    • Fulfills a customer need – a problem is solved
    • Innovative
    • Unique
    • Clear focus
    • Profitable in the long term

    Each idea, no matter how brilliant, initially has no commercial value. A plausibility check gives more information about an idea’s chances in the marketplace and helps to check its feasibility and innovative content.

    What is innovation?

    The term innovative is usually applied to new products or services produced with conventional production methods and delivered to customers via conventional distribution channels. Innovation, however, can also refer to the entire business system. It is less obvious, but equally important (for example, FedEx revolutionized letter post through central sorting and 24-hour operation).

    The development of new products and/or services usually focuses on improving “customer benefit”. Business system innovations, on the other hand, focus on lowering costs, and these gains can then, to some extent, be passed on to the customer in the form of lower prices.

    It’s rare that innovations combine both dimensions, product and business system, to create an entirely new “industry.”

    What defines a convincing business idea?

    A business idea is addressed to an investor and, therefore, must be formulated with the investor’s perspective in mind. It’s neither an advertising brochure for an “ingenious” product nor a technical description. Rather, it is a decision support document that emphasizes three aspects:

    Customer benefit – What is the customer benefit, what problem will be solved?

    The key to marketing success is not superb products – it’s satisfied customers. Customers buy to satisfy a need, or to solve a problem, e.g. food and drink, something that makes work easier, to enhance their wellbeing or self-esteem, etc. The first principle of a successful business idea is, therefore, that it clearly describes the need that will be satisfied and in which form (product, service). In this context, marketing practitioners refer to a “Unique Selling Proposition”.

    Market – What is the market?

    A business idea only has commercial value when the “market” accepts it. The second principle of a successful business idea, therefore, is that it shows how large the market is for the product or service offered, for which target group(s) it is meant and how it differentiates itself from the competition.

    Revenue mechanism – How is the money to be earned?

    A business must be profitable long term. The third principle of a successful business idea is, therefore, that it shows how much money can be earned with it and how the money will be earned.

    • A checklist regarding the content and form of a business idea and further practical tools is available here
    • Other useful documents are available in the download section
    • Not sure which competition to choose? Check out our decision aid




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    Sewing Classes: A Cool Business Idea – So Sew Easy #business #simulation #games

    #cool business ideas

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    Sewing Classes: A Cool Business Idea

    In the last couple of years, sewing is getting new and enthusiastic interest from kids and teens, so much so that starting a sewing classes business is becoming a cool idea! We ve written a lot before sewing for profit. sewing and selling and how to transform your sewing passion into something profitable. Here s what I think is another great sewing business idea.

    There is no doubt that the growing interest in sewing amongst young people is enhanced by the popularity of the long running Project Runway TV show. a popular reality TV show where new and promising designers compete by designing and creating their own clothes. There is also a growing trend in turning old clothing into teen accessories like tote bags and the like. Plus if you ve been browsing the internet lately, you will likely notice that there s a subculture online that is dedicated to sewing and people are linking their sewing projects to their Facebook pages; there s a lot of interest in sewist s blogs too. The takeover of Information Technology has definitely helped to make sewing cool, accessible and popular today.

    So what do you need to start offering sewing classes?

    This is a relatively new business idea. While there are plenty of online classes such as at Craftsy and Creativelive. these lack the personalized approach that I have in mind. I think sewing is best learned in a one-on-one or small group environment with coaching and customization if required. This is how we ve been learning (and teaching) for thousands of years. It is certainly how I, and probably you, learned how to sew.

    With an initial capital outlay of $2,000 $10,000, you can get the ball rolling. Sewing classes can be a home based business and can also be operated part time. The potential income is estimated to be between 25 to 35 US dollars per hour and this rate could still go up.

    You can market your sewing class using traditional means of advertising as well as online. To start with a small capital outlay, you can also go into a joint venture with a local fabric store and offer sewing classes in the evenings and weekends with them. An added advantage here is that you can profit from the store’s existing customer base. Additional revenue can also be generated by selling patterns and other sewing notions to your students.

    Sewing Classes success story

    Here’s a success story in Minneapolis that I want to share with you: Miss Gianopoulos, who s offered sewing classes for a number of years, has seen such an increase in the number of kids and teens in her class that she decided to open a school vacation camp called Sewtropolis. Her sewing classes are now available to all ages and skill levels. She is also selling patterns, notions and fabrics to her students. Originally intended for adults, she found out that kids and teenagers are highly interested in learning how to sew as a creative outlet.

    For sewing students aged eight and above, they should have the patience to work on sewing projects and know how to use a sewing machine. Students are also allowed to rent time on a sewing machine at the rate of $5 per hour if they don’t have a sewing machine at home.

    Gianopolous has also noticed that math skills and sewing go together because sewing needs careful attention to detail and it also involves measurements and fractions. This means enrolling children in sewing class will also increase their knowledge in mathematics and problem solving.

    How to make people interested in sewing:

    Success in business means you are fulfilling some kind of need in the market. There is a need for people to become autonomous in their finances and in the use of their time.

    Curiosity killed the cat or so the saying goes. I know how to sew but every time I see someone in a shop or a fabric store making something, I stop to watch. I am fascinated by the amount of people that do the same. Like me, many find that there is always something knew to learn or a better easier way to do things. So volunteering your time to teach a demonstration class will pay up in time.

    Schools:

    Schools in your district are a wealth of potential customers. After school activities keep kids busy until mom comes home giving children a great way to hone in their hand eye coordination and improving their attention span.

    Community service support groups:

    Nothing is more attractive to people than to share a common hobby, and sewing allows a great opportunity to talk whilst doing something creative. It s also a great way to conduct a class tailored to many different skills levels. Approaching your council for space availability rules an regulations would be a very practical way to utilize underused resources.

    As we have written about before, sewing helps fight depression. so it would certainly be in the interest of your community to help get people sewing!

    Church Halls:

    S ince time immemorial the church premises have been a point of gathering for town s people to come together and many churches enjoy the privilege of open spaces and an empty hall in which you can accommodate a sewing class, talk to you local parishioner for more information.

    Project Based Sewing Clubs at Your Home:

    There is really nothing more exciting for a sewer than to get together with other sewers sharing a common goal. We know many groups who have used our popular Conference Tote Bag Pattern Sew-Along as the basis of their first group project. We certainly encourage that as long as each participant gets their own log-in and account.

    Also, while it is impossible to sew, text and post in social media at the same time, you can be sure that our young generation is still very much interested in learning the old fashioned art of sewing. Believe it or not, even they get tired of sitting on their phones all day!

    I hope this give you some ideas and motivation to start your own sewing classes business. Good luck and do let us know how you go in the comments below.

    Caren marks says:

    I have had fantastic luck in the past teaching homeschooling students sewing classes. You have the that they can schedule classes during the day if needed and are used to being very well behaved and can focus on a project much easier than some students can. Also remember homeschooling groups when you are cleaning out your closet of fabric and scraps that you want to get rid of because sending a huge bag to a group of homeschooling students creates a frenzy of excitement and happiness.

    Teaching is so satisfying. I energizes me. There is a big demand for child classes. I have a full series on How to Run Your Own Summer Sewing Camp and it can be adapted for after school classes as well. http://www.thelostapron.com/2016/07/sewing-camp.html

    Mayra at So Sew Easy says:





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    Idea to Business: Developing Feasible Business Ideas #franchise #business

    #ideas for business

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    Idea to Business: Developing Feasible Business Ideas

    Our very own Bret Carpenter just finished up providing a free workshop to the Flagstaff business community on how to take an idea and make it a business.

    During the workshop today, Bret took us on a journey through the exploration of where ideas come from and how to determine if the idea is good enough to make into a business. The workshop was interactive with lots of discussion, questions and even some laughter.

    Some of my favorite quotes from the day:

    Ideas are worthless without execution.

    Get comfortable being uncomfortable.

    Little ideas add up to big ones.

    Create a point of view that is based on user needs and insights.

    Design thinking is a human approach to innovation

    Here is a link to Bret s presentation: Idea 2 Business: Developing Feasible Business Ideas

    Resources

    How does the metaphorical lightbulb go off? Is it a flash of genius? The power of crowds? These heady talks explore the nature of ideas themselves: Where they come from, how they evolve, and how each of us can nurture them.

    Understand your numbers.

    Here are some photos from the event.






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    10 Ways to Identify a Great Business Idea #online #business #schools

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    10 Ways to Know If You Have a Great Business Idea

    Good Ideas

    Ready to take on the world of entrepreneurship? In order to find startup success, you need a great business idea. But a winning business idea is more than just something you’re excited about or good at — you have to make sure your idea is actually viable.

    Business News Daily asked experts how you can tell if your business idea is poised for success. Here are 10 questions to ask yourself before pursuing your business idea.

    Does it solve a problem?

    Entrepreneur and co-founder of the Web design school The Starter League Mike McGee thinks the best business ideas are those that solve a problem in some way.

    If there is a problem that affects you, your friends, family, co-workers, etc. then the chances are high that it affects people you don t know as well, McGee said.

    Will people will pay for it?

    It s paying customers who validate an idea and determine which ones have the greatest chance for success, said Wil Schroter, co-founder and CEO of Fundable .

    An idea is just an idea until you have a paying customer attached to it, Schroter said. Anyone can discredit a simple idea, but no one can discredit paying customers.

    What’s your price point?

    Credit: Profit Growth Image via Shutterstock

    Charlie Harary, founder and partner of investment firm H3 Co., said that while there are many ways to solve problems, great business ideas do it in a way that is less expensive than what the market will endure.

    Once you have determined that you are solving a legitimate problem in a scalable way, you need to determine not only the value that it delivers to the world, but what people would pay for that value, Harary said. Once you determine the price, then you can assess if your solution is businessworthy or not.

    Is there a sizable niche market for it?

    Without a large enough market, your business idea may never get off the ground. Ruben Soto, CEO of shapewear company Hourglass Angel. said your business should cater to a strong niche market.

    “Start by focusing on a niche market you know that can be served better,” Soto said. “Make sure the market is large enough and that you can serve those customers better than the alternative. Large companies won’t focus on niche markets, so there is room to compete and exceed customer expectations.”

    Are you passionate enough about it?

    Credit: Andy Dean Photography/Shutterstock

    Your business will likely take up all of your time, so make sure you’re passionate enough about it to make it successful.

    “Since starting a business requires an inordinate amount of time, energy and patience, ideally, the idea will be one that you are passionate about, as well as one that you have skills or experience [in],” said Melissa Bradley, executive-in-residence and director of entrepreneurship and innovation at the Kogod School of Business at American University .

    Have you tested your idea?

    Credit: Michael R Ross/Shutterstock

    You won’t know if your business is viable until you test it on strangers.

    “Test it not just with friends who will be too polite to tell the truth, but with honest people who would make up your ideal target audience, and then listen to the feedback,” said Lisa McCartney, chief “PLYTer” at educational math board game company PLYT. “

    “If your target sample is saying [your idea] is fantastic and [asking] where can they get it, you know that you’re onto something, but if they are less than enthusiastic, it’s probably not as good an idea as you thought.”

    Are you open to advice?

    If you’re not open to changing or adapting your idea to fit what your customers will want, your business idea might not be worth pursuing.

    “Success happens when you are willing to listen and consider others’ advice,” said Angie Yasulitis, CEO and managing partner at YaZo Marketing and Business Development Strategies. “Most good ideas take some tweaking to get to market. Being closed-minded is a business killer.”

    How will you market your business?

    Many entrepreneurs think about the problems their business will solve but not about how they intend to market their business to their target customers. Jesse Lipson, corporate vice president and general manager at cloud company Citrix Cloud Services. said that your marketing strategy can determine if your business idea is a good one.

    “If you have a solid go-to market strategy and a decent product, you’ll probably be successful,” Lipson said. “But if you have a great product without any idea how to reach your potential customers, then it’s going to be really tough to make it successful. Thinking through that as early as possible is really key.”

    Are you being realistic about your goals?

    As excited as you may be about a new business idea, it’s important to stay grounded and be realistic about it. Thomas J. Gravina chairman, co-founder and CEO of cloud services company Evolve IP said you shouldn’t have a “Field of Dreams” mentality when starting your business.

    “Just because you have a vision and decide to build it does not mean the rest will follow,” Gravina said. “While you may have an idea that is original, revolutionary or ahead of its time, there should be a real, solid market opportunity to ensure it is successful. Any new business case or new endeavor has to have a viable market that you believe you can sell now not theoretically or on the premise that there is a future for this market.”

    Can you explain your idea in the simplest terms?

    Your business may solve a complicated problem, but you should be able to explain it in simple terms so that anyone can understand it, said Kris Duggan, CEO of goal management company BetterWorks. Duggan suggested using what he calls “the grandma test.”

    “When you typically hear someone pitch their idea, it’s usually chock-full of important-sounding jargon that rarely makes sense,” Duggan said. “When you think about your new business idea, ask yourself, ‘Can it pass the grandma test?’ In other words, would your grandma understand what you do? Perhaps your business is solving a complicated problem, but early on, come up with a way to explain it that makes sense to the masses.”

    Updated Jan. 13, 2016. Business News Daily Senior Writer Chad Brooks also contributed to this story.

    More Countdowns





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    ATM machine business- Good idea or Bad idea? The eBay Community #short #term #business #loans

    #atm machine business

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    I used to work part time security for the Atlanta Beat Women’s Professional Soccer team. They would sell mayber 13 – 15,000 seats to a home soccer game that played at a local college stadium.

    No ATM the first season and the concessionaires were complaining.

    So the second season some guy shows up with a portable ATM machine and had it running at the front gates.

    I would work the front gate for every home game and don’t think I saw more than 3 people a game use the machine.

    If he charged $2.00 per transaction, he grossed $6 per game.

    I get a kick out of watching the police video shows on TV where the convenience store cameras shows the pick up trucks driving through the plate glass window at night, four of five youths jump and and throw a chain around the ATM and then drive off with the whole thing! If you got $5k of your own money inside one of those when it disappears, you’d have a tough time making that up on service charges.

    Unless you got one inside a casino, I’d pass on this opportunity.

    I run into this article recently. It’s about a black man wrongly convicted for murder. Got himself free after 18 years in prison. it’s not an ad for ATM business so I believe it’s true.Read it and evaluate it yourself

    This article make me curious about the ATM business.So i do some investigation myself

    Also I search in internet:

    Look at the Franklinatm site. They list the monthly data recorded directly at some of their ATM machine. You may want to ask the seller for the printout.

    I appreciate if you share any information that you get about this transaction.

    I believe ATM business is a good business. I see people using this service a lot.It carts to the people that craving for conveniences disregarding the cost. And there is a lots of these people in this country.

    My concern is the timming. Would it be too late already to get into this business. May be that the reason the seller want to get out.





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    From Idea to Service Business #business #news #today

    #service business ideas

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    From Idea to Service Business

    Swedish course name

    Fr n id till tj nstef retagande

    NB: A certain quota in this course is reserved also for PhD-students.

    There’s no doubt that Stockholm and the surrounding region is a global hub when it comes to Life Sciences. However, there is a clear gap when it comes to individuals that can combine knowledge from the healthcare sector and business and entrepreneurship.

    Content

    The focus in the Swedish innovation development has in recent years shifted from products and companies in technology/industry to a growing service-based sector. One problem within the life sciences is the lack of individuals with the ability to combine knowledge from health care sector with business and entrepreneurship. By increased awareness of service development in this sector, and knowledge regarding the process of innovation and entrepreneurship, a solid foundation can be built that enables commercialization of ideas. With insights, skills and the right tools, ideas are protected, which can lead to valuable changes in the life sciences and ultimately improve human health.

    During the course, students meet experts with different backgrounds. Various entrepreneurs will present their specific experiences of starting and managing service companies in the life sciences and guest speakers provide a broad overview of academic discoveries, start-ups, venture capital and business development in health care sector.

    Intended Learning Outcomes

    The aim of this course is for the students to develop an understanding of and receive theoretical and practical knowledge of development and commercialization of services in the life sciences.

    After the course the student should be able to:

    • Analyze, clearly communicate and discuss entrepreneurship in the life sciences
    • Understand and demonstrate knowledge of the service business and its unique characteristics
    • Communicate an understanding of the development and management of service businesses
    • Argue the pros and cons of public and private funding for start-ups
    • Providing knowledge within strategy for service based companies
    • Applying knowledge and key tools for entrepreneurship in the early phase, such as market analysis and analysis of intellectual property rights (eg patents)
    • Use their new knowledge to individually get a deeper understanding in the field of innovation and entrepreneurship.

    Teaching methods

    The course uses a student-centered educational model, in which literature studies, case studies and practical work are associated with each learning outcome. Factual knowledge is obtained through literature studies and applied through practical work. The practical work consists of workshops, case exercises (cases) and project work in groups. External experts are used for inspiration and as a source of discussion. The pedagogy is based on so-called Entrepreneurial learning to create the conditions for creativity, reflection and initiative.

    Projects including a written report, oral presentation and individual reflection as well as an individual case report and seminar. Active participation in the mandatory parts.

    Students will be assessed based on the following scales:

    • Lecture attendance, active participation and presentations.
    • Completion of a group-wise case study and assignments
    • Short exam
    • Oral presentation

    Attendance is compulsory; attendance at seminars, workshops and presentations is mandatory.

    The course language is English.
    This course is offered within the framework of Stockholm School of Entrepreneurship (SSES)
    Responsible institution: Karolinska Institutet

    Literature and teaching aids

    Literature will be announced in connection to the start and communicated to enrolled students.

    How to apply

    All our courses are recognised as internal courses at all five member schools so you apply in exactly the same way you would for other courses at your institution. Please note that SSES courses are designed as individual single subject courses, meaning you will need to apply for each course you want to join, and are currently not offered as an entire individual study program.

    Students wishing to enroll must be full time students with at least 120 ECTS credits from a Swedish university or equivalent.

    Instructions

    All SSES-courses are recognized as Program verskridande valbara kurser at KI. So, if you want to participate just ensure you have an approval from your program councilor and then contact us no later than 4 weeks before the course starts. If you are a PhD student and would like to participate in our courses, please register here .

    How: Via the Swedish version of Antagning.se or via your student councillor at KTH.

    When: During the elective periods at the Royal Institute of Technology.

    How: Via the Swedish version of Antagning.se .
    When: During the elective periods at SU.
    NB: Please check your eligibility to apply here .

    When: During the elective periods at Konstfack.
    NB: The courses are open to all current and alumni students at Konstfack.
    How: If you are a a master student currently enrolled at Konstfack, please send in your application here .

    Free to attend

    for program students in our member schools.





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    Inspiring Women Entrepreneurs: How to Find Your Business Idea #current #business #news

    #business ideas for women

    #

    Inspiring Women Entrepreneurs on How to Find Your Business Idea

    Credit: Dragon Images/Shutterstock

    Women may have once been pigeonholed into certain professions, but no longer are they simply expected to do gender-specific jobs. Female professionals are taking control of their careers in a way that works best for them, including when and how they start their own businesses.

    Everyone has to start a business that s meaningful to them; I think it s an old model to tell [women] to go into a specific field, said Carin Rockind. a happiness and life purpose expert. I think that s got us to where we are today. What you re passionate about is way more important. Women need to tap into what they re good at and what makes them feel great.

    American Express OPEN s 2016 State of Women-Owned Businesses Report found that 11.3 million U.S. businesses are currently owned by women, and an average of 1,072 new female-owned companies are being started every day. This number is growing five times faster than the national average for all businesses, meaning more women than ever are taking the leap into entrepreneurship. [See Related Story:Money and Connections Still Hurdles for Women Entrepreneurs]

    As to what kinds of businesses a female entrepreneur should start, businesswomen agree that the sky is the limit.

    I don t think there are any guidelines to the type of companies women should begin, said Cologne Trude, co-founder and creative director of Show Me Your Mumu. a boho-chic clothing line. Women s strengths are so diverse that opportunities are endless.

    I think women should get excited about what excites them, added Melinda Emerson. an author and business coach known as SmallBizLady on Twitter. There aren t [enough] women-centric businesses out there.

    Where to start

    Emerson suggests starting a business you know something about. When you re ready to begin the business you re most passionate about, consider your limitations.

    I have seen people quit really good jobs to start businesses they hate, Emerson said. There are fantasies of grandeur about running a business. It s really hard out there.

    If you have no savings, no money and bad credit, you should not start a business, Emerson said. She suggests saving 20 to 40 percent per paycheck before you quit your job to begin your business.

    Most important, Emerson emphasized the importance of doing your research. Make sure you know who your paying customer is.

    You always have to check and make sure your business model makes sense in an industry that s growing and not sinking, Emerson said. It needs to be relevant three to five years from now. You don t want [technological advances] taking your business.

    As you get your business off the ground, surround yourself with people who will help you succeed, whether it s through support or lending a hand to get the business started, said Cammy Miller, co-founder and creative director of Show Me Your Mumu.

    Being a leader doesn t mean you have all of the answers and the more open you are to learning from everyone around you, the more you can grow in your role, Miller said.

    One of the things that s been harder for me to learn is to bring other people with you, happiness expert Rockind added. It s very lonely to have your own business. There are so many important skills, and you can t be good at everything. ItꞋs OK to ask for help and collaborate with other people.

    Love what you do

    Building a business from the ground up is challenging no matter how you look at it. But, ultimately, you should love what you do.

    I always encourage female entrepreneurs to be strong and work hard at what they love. Starting and running a business is by no means easy, and there are going to be a lot of hardships and emotional setbacks, Trude said. As a female, running Mumu has been very stressful and emotional at times, but every tear has been worth it and I am stronger because of it.

    If Rockind had to go back in time to give herself advice, it would be to just do it.

    You have to put yourself out there, she said. Believe in yourself and your purpose.

    Shannon Gausepohl graduated from Rowan University in 2012 with a degree in journalism. She has worked at a newspaper and in the public relations field, and is currently a staff writer at Business News Daily. Shannon is a zealous bookworm, has her blue belt in Brazilian jiu jitsu, and loves her Blue Heeler mix, Tucker.

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