The Young Entrepreneur

What part of your brain is dominant?

I came across a test the other day that can show you which part of your brain is more dominant.

If you see the dancer spin clockwise you are ‘right’ brain dominant (creative), whereas anti-clockwise is ‘left’ brain dominant (logical).  You can even make it switch directions if you focus!

The test can be found here

Whilst I am unsure about how ’scientifically sound’ this test is - I think it could have some very useful applications.  For example, advertising can be targeted at people - based on their thoughts.

Think about a company such as Dell, running this type of test for a new laptop.  Potentially, customers could be shown an add - dependent upon their thought patterns.

 This type of segmentation might add something to the old gender, location, income etc ways of generalizing your target market.

Even if this particular test holds no scientific validity, I think it’s a great step forward in really understanding how people think and leveraging that for improved marketing.

Posted in Entrepreneurial Tools, Internet Marketing | 3 Comments »

Get your entrepreneur personality score!

Part of being an entrepreneur is innate.  Its that little something that makes you different - and motivates you to do it your way.  I think anyone can learn almost any skill (at differing levels of difficulty) but I believe there are some key entrepreneurial character traits that come naturally.

I found a great test that will assess your Entreprenurial Personality and give you a score out of 100.

I got the Motivator role!  Let me know how you guys do…

Posted in Entrepreneurial Tools, Personal Development | 6 Comments »

Young Entrepreneurs Will Change The World

A lot of people are sadly resistant to change.  They grow comfortable with a particular state of affairs and then dismay at any stimulus that shakes this up.  This can be simply typified by the fact that people argue a lot.  This is because we would rather prove someone wrong with our view of the situation, then stand down and adopt a better one. 

Change is inevitable in life.  It is a consistent fact that not everything will stay the same.  It is actually completely ludicrous to expect things to stay the same.  Yet the human condition acclimatizes to a set of circumstances and sometimes resists anything incongruent with this state.  A change is often viewed as a threat to your current situation, and not an opportunity to learn and grow.

Galileo’s initial theory of the Sun and not the Earth being the centre of the solar system was met with forceful resistance from the Church and resulted initially in disgrace and mockery (What an entrepreneur!).

Entrepreneurs on the other hand embrace change.  They key distinction is that a good entrepreneur sees change as an opportunity rather then a threat. 

They use inevitable societal, technological and cultural changes to construct ideas, innovate businesses and even stimulate world movements.  The increased worldwide fuel prices have inspired entrepreneurs/Inventors such as Stan Meyer who have found ways to run your car on water.

A German philosopher Arthur Schopenhauer once said…

“All truth goes through three steps:  First, it is ridiculed. Second, it is violently opposed.  Finally, it is accepted as self-evident.”

It is the entrepreneur that will initially step out of the box to seek this truth

It is the entrepreneur who will innovate and create - rather then resist and debate!

Posted in Personal Development | 3 Comments »

The Young Entrepreneur has allies!

I would love all my readers to have access to every possible resource that is helpful in our never-ending quest for success and knowledge!

I would like to draw your attention to another blog that populates the ‘young entrepreneurs’ niche. 

*GASP*…YES…I am telling you to go to another blog!  Hopefully the first of many other great resources for us young entrepreneurs!

The reason why I am bringing attention to this blog is because they are running an initiative to pool together other blogs about entrepreneurship.  This is a fantastic thing as it makes relevant resources much easier to find and brings all young entrepreneurs closer (*warm moment*).

The exact blog I am referring to is called the YoungEntrepreneur.com and you can find the post I’m referring to here. 

I must commend them on a fantastic choice for their blog name!  If I wasn’t at all concerned with sticking my name in the URL I would have definitely tried to steal it from them (Definitely don’t know how to ’steal’ a domain name)! Read more »

Posted in Networking | 1 Comment »

Failure - Critical for a young entrepreneurs success!

One of my favourite quotes is from Think and Grow Rich (Napolean Hill), and it states that “a relentless pursuit that doesn’t recognize failure” is a key element to success.  In other words - To keep going no matter what short term failure comes your way.  I think a lot fewer young entrepreneurs would give up if they realised that short-term failure is a CRITICAL element of success! Read more »