Nitin’s insights..

This headline might be stating the obvious but inspirational talks are important for motivating people in all aspects of life. The trigger today was a talk from Sahar Hashemi, co-founder of coffee chain Coffee Republic, and the messages she was giving and the buzzwords/phrases she used could have emanated from any of a number of entrepreneurs on the speaker circuit. They all say the same thing, give or take a few differences, and if you’ve been to a few of these it can be repetitive – but it’s worth listening to them every now and then.

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Last week (17-23 November 2008), Global Entrepreneurship week was running and there were several events around the world aimed at encouraging entrepreneurship or highlighting some of the positive aspects of entrepreneurship. At a time of global ‘gloom’ (or at least it seems that way right now in the Europe and North America), it is clear from all the key commentators and leaders that now is the time of great opportunity for quick-thinking entrepreneurs.

As the Ewing Marion Kauffman Foundation (often referred to as one of the world’s largest foundations devoted to entrepreneurship) said in its letter to president-elect Obama, “Entrepreneurs invent, innovate, and advance living standards for society. They are the growth-drivers and job-creators of our economy.” (more…)

‘Entrepreneurship’ has become a key buzzword in many circles and a national enterprise academy is even being launched in the UK next year.  Whatever you might do to learn about entrepreneurship and starting your business, there are some important basics that any would-be entrepreneur must answer before even considering starting a business.

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