Not even a degree from one of the nation’s most prestigious universities will help you excel at entrepreneurship, but it can swing the learning curve. I should know.

Before launching my second company Infographic World in 2009, I earned a Master of Business Administration from Binghamton University. While I’m certain that I’d still be an entrepreneur today if I hadn’t attended graduate school, that experience did help prepare me for the daily rigors of running a business. Among others, I’m able to create financial models and develop marketing campaigns. In addition, I was able to make connections with people who would later become key investors. I also learned how to manage people and businesses. Read the rest of this entry »

There are millions of articles written about the best advice that can be given to a budding entrepreneur. However, in order to give the best advice, I think it is important to first understand what defines an entrepreneur. My definition of an entrepreneur is someone who habitually creates and innovates to build something of recognized value around identified opportunities.

Peter F. Drucker summed it up when he said, ‘most of what you hear about entrepreneurship is all wrong. It’s not magic; it’s not mysterious; and it has nothing to do with genes. It’s a discipline and, like any discipline, it can be learned.” I totally concur with Peter Drucker; anybody can be an entrepreneur if you have the passion of serving mankind. Entrepreneurship is a discipline which can be learnt if you have the desire to excel. Below are some anecdotes that can guide you to realize your dreams:

• Do it for passion not money
• Do something you know about
• Don’t give up too early – persevere
• Have a mentor – someone who has already excelled in the same business you are pursuing
• Have appropriate funding
• Be a good manager of money
• Build sales first
• Don’t try to rush – follow a well documented implementation plan
• Be wary of bad advice or suppliers

Remember, a journey of a thousand miles begins with a single step. Follow your dreams, take that first step towards your success. To your success!!!