Passion is not enough – compact guide in business and entrepreneurship for college and university students

January 2017. Copyright Chesney Bradshaw
January 2017. Copyright Chesney Bradshaw

If you want to form and run your own start-up business, you won’t find it landing up on your doorstep ready to turn the switch. It will take acquiring new knowledge, experience and time and effort. If you’ve never started or run a small business before, there is no other way but to put in the hours.

Where do you start? It all begins with a seed of an idea. Some instant experts claim that an idea is 1% of what it takes to start a new product or service and the other 99% is execution. It’s probably 20% idea and 80% execution. Why do I say this? It’s because you’re unlikely to come up with one promising idea and use it straight off the bat. If you have a look at my book “Breakthrough Ideas”, you’ll see that you need to generate or find several ideas before you come up with something that matches your potential market, your passion and your own skills and knowledge. Continue reading “Passion is not enough – compact guide in business and entrepreneurship for college and university students”

Can you count on beginners luck in starting something from scratch?

(Copyright © 2015 by Chesney Bradshaw, all rights reserved)
(Copyright © 2015 by Chesney Bradshaw, all rights reserved)

I took four people on a fishing trip along the Vaal River near Parys. All were beginners who had never caught a fish in their lives before. Neither had they paddled an inflatable raft upstream. But after some basic instruction they were able to paddle the raft about a kilometre up the river. The two fishing guides who were with us did not paddle – they steered and navigated the raft through the river waters. Continue reading “Can you count on beginners luck in starting something from scratch?”

Does your experience count?

English: Kalk Bay habour, Cape Peninsula, Sout...
English: Kalk Bay habour, Cape Peninsula, South Africa Deutsch: Hafen von Kalk Bay, Kap-Halbinsel, Süd Afrika (Photo credit: Wikipedia)

A pair of guru business consultants was sprouting platitudes about how business owners should change their outfits into so-called learning organisations. The fan boy of the two consultants instead of challenging them was praising them to the nines about the fantastic work they were doing. After all three were waxing lyrical about how business leaders and owners need to change, not mentioning how well this would fit in with self promoting their consulting service, one of them attacked experience. Continue reading “Does your experience count?”