Tag: TV

How to Properly Manage Your Business

Proper management is the key to make your business thrive. Here’s what you need to do:

1. Inventory and supply. Make sure that you have enough supply to meet the demands of your target market. Do inventories at least twice a month and stock as many items as possible. People are most likely to visit your store if they see that you’ve got wide range of products to offer.

2. Store appearance. You would want to impress your potential buyers the moment they enter your shop. Make sure that it looks visually appealing at all times. You may want to redecorate every once in a while or do renovations at least every 2 years.

3. Employees. Here’s the truth; your employees are the keys to grow your business. Make sure that you keep these people happy to motivate them to do better at work.

4. Marketing campaign. This is something that you cannot put on the back seat especially if you want to boost your sales and revenue ASAP. Promote product awareness by advertising on your local TV networks, radio networks, and on your local newspapers. You can also resort to advertising gimmicks like offering freebies and discounts to easily capture the attention of your prospects.

5. Take good care of your clients. As they are the backbone of your business, you need to make sure that you impress them all throughout. Aside from giving them high quality products and great value for their money, you must also build relationship and connection with them so they’ll remain loyal to you.

Entrepreneurs & Business Top 10 Business Celebrity Entrepreneurs

In relation to entrepreneurs & business top 10 business celebrity entrepreneurs the recent rise of entrepreneurs & business has undoubtedly been fuelled by the popularity of TV business programmes like the Dragons Den & Alan Sugar The Apprentice.

These popular programmes have launched the media careers of their programme panel members, fast tracking many of them into the list of top 10 business celebrity entrepreneurs.

Entrepreneurs & Business Top 10 Business Celebrity Entrepreneurs outlines well known global entrepreneurs.

Business enterprises promoted by celebrities have been a topic for discussion for quite some time.

Celebrities have shown their enterprising instincts in many in different ways and many of them have gone beyond endorsing products which had at best previously been a trend.

This discussion about entrepreneurs & business should act as an inspiration not only to aspiring celebrity entrepreneurs, but also to other prospects who intend to use their entrepreneurial skills to become successful entrepreneurs.

The list of top 10 business celebrity entrepreneurs includes the who’s who of celebrities. Many of these celebrities have created thriving enterprises without any formal training in business management and have launched successful and innovative products and services.

Entrepreneurs & Business Top 10 Business Celebrity Entrepreneurs #1 Steven Spielberg

Steven Spielberg who co-founded Dreamworks tops the list. His movie business has generated millions and millions of dollars at worldwide box offices.

Although he has not graced our TV screens in programmes like the Dragons Den or Alan Sugar The Apprentice Steven Spielberg is recognised globally as a celebrity entrepreneur known to push the boundaries in film production.

He is known to have provided business help, business management, consultancy and business development to other aspiring business entrepreneurs.

Entrepreneurs & Business Top 10 Business Celebrity Entrepreneurs #2 Hugh Heffner

Hugh Heffner was born into a family of farmers. Heffner launched a magazine which was later named Playboy which has since sold millions of copies.

It’s interesting to know that Heffner started with only $8000 which he raised from investors. Hefner is recognised globally through his Playboy brand which expanded upon the initial magazine through shrewd business management, consultancy and business development to include multiple other revenue generations streams the most famous of which is the Playboy TV channel.

Entrepreneurs & Business Top 10 Business Celebrity Entrepreneurs #3 Sean Combs

Sean Combs launched the clothing brand Sean John clothing which generates a business turnover of over $400 million globally. Sean is recognised as an entrepreneur who founded his empire on a solid foundation of top quality business management and business development.

Entrepreneurs & Business Top 10 Business Celebrity Entrepreneurs #4 Tyra Banks

Tyra Banks became famous after hosting the famous television show America’s Next Top Model and Tyra Banks Show. She is known to provide business help and support to other aspiring entrepreneurs.

Entrepreneurs & Business Top 10 Business Celebrity Entrepreneurs #5 Kathy Irelan

Kathy Irelan is recognised globally as a famous model. Her business development initiative of finding solutions for families and busy moms was received well by the market.

Entrepreneurs & Business Top 10 Business Celebrity Entrepreneurs #6 Bill Gates

Irrespective of your geographical location, you are probably aware of the rise of Bill Gates whose business development idea revolutionised the personal computer market.

Gates has become a true global celebrity entrepreneur. It has been widely reported that Gates has provided business help, business management, consultancy and business development to aspiring entrepreneurs and charitable organisations.

Many people believe he should have been the person of choice to front the American version of Alan Sugar the apprentice hosted by Donald Trump.

Entrepreneurs & Business Top 10 Business Celebrity Entrepreneurs #7 Richard Branson

Richard Branson’s Virgin Empire is one of the world’s most recognised brands which hosts approximately 300 business companies under its business development umbrella.

Branson is also well documented for his desire to give something back and as such many aspiring business entrepreneurs have benefitted from his business help, business management, consultancy and business development.

Entrepreneurs & Business Top 10 Business Celebrity Entrepreneurs #8 Steve Jobs

Steve Jobs created a business information technology revolution by launching Apple computers with the first graphical user interface of its kind.

Although the Apple brand struggled and lost its way at times, through laser focussed business management, consultancy and business development it has resurfaced as one of the world’s most trusted business brands.

Entrepreneurs & Business Top 10 Business Celebrity Entrepreneurs #9 Oprah Winfrey

Oprah Winfrey is well known for her television shows and her net worth is estimated to be around $2 billion.

Entrepreneurs & Business Top 10 Business Celebrity Entrepreneurs #10 Donald Trump

Donald Trump is admired the world over by aspiring business entrepreneurs. His glorious rise to fame as the world’s best known real estate owner was brought to the forefront of the global media after the crash of International real estate.

Trump owed the banks so much money they felt they couldn’t close him down. Deserted by the business fraternity many of whom he had helped and provided financial and business support to he resurfaced even stronger.

To audiences worldwide he is recognised as the main focus of the USA version of Alan Sugar the apprentice TV programme.

Many business people will hold a different opinion on which order the above top 10 business celebrity entrepreneurs should feature. My aim was not to list them in any order, rather just to list them together as the driving force of the top 10 business celebrity entrepreneurs.

What’s interesting is that although most of the above entrepreneurs started with next to nothing, not many of these celebrities availed business consultancy services from a family business consultant. They focussed on their vision and had a detailed action plan which was followed with the right business development strategies.

However as their business empires have grown every one of the above celebrity business entrepreneurs are known to employ the very best business development consultants in the marketplace.

The International Business Guru provides business help to every budding entrepreneur and says entrepreneurs should strive hard to create value for their customers and stake holders.

It might further surprise UK readers that none of the Dragons Den judges appeared in this list.

Spotting The Business Opportunity

There are different ways in which you can try to look for the business opportunity. If you have the knowledge of some trade or business, then the same can be used to set up a new business or to take up a business that is being sold or even take up the franchise business opportunities. There are different mediums in which you can look to know the existing opportunities.

Some of the main ways in which this can be done are:
1. Government departments: Normally, the offices of the government which handle the company affairs or the industry affairs know about the ailing units and whether the same are being put up for sale or not. The public communication of the department could be the authoritative source of such information. The government normally informs about these through the newspapers.
2. The print media: This is the most common method used by the people to spot the business opportunity. The newspapers are the most important media. You can check for the classifieds sections of the daily newspapers to know the same. Magazines are not likely to carry these types of opportunities.
3. The electronic media: People generally do not make use of the TV and the radio for advertising business for sale. Therefore, it is not very much advisable to waste your time on this medium. However, internet is one medium which can be used quite fruitfully in this regard.

You can check for the different types of the opportunities in the internet directories dedicated for this purpose. The online classifieds feature these as per different categories of the business and also as per the different regions of the world.
While searching through the online medium for these business opportunities, it is very important to be clear about the exact products or the services business which you can manage. At the same time, it is also important to define the scope of your search. If you are looking for a business for sale, then you might be more interested in the local business opportunities rather than international ones. So is the case with the franchise business as well.

This is possible when you are very well aware of your strengths and weaknesses and your resources. A truthful assessment of these opportunities shall be done before deciding on any one of these. There could be many decision criteria. Some people might prefer those businesses which give a high rate of return in the present times. Some others might prefer going for that business opportunity which holds tremendous promise for the future but may not look very appealing for now. So, a very keen and deep insight is required to find the opportunity for the future.

With a franchise business, you can leverage the brand value of the existing business and get customers in no time. If you are confident of your ability to turn the tides then you can even take up a business for sale provided it fits into your business strategy and can be made profitable.