Entrepreneurial Success Requires Finding And Recruiting Talent -

Entrepreneurial Success - Recruiting Talented Partners And Thought-Leaders.

"As entrepreneurs and leaders we need to magnetize (i.e., to become talent magnets) and not to minimize (i.e., to become so filled with insecurity and conceit that we crowd other talented prospective partners out by the magnitude of our own egos)." - Douglas E. Castle

Entrepreneurs are not necessarily technologists, applications developers, geeks, nerds, or wild-eyed visionaries busily thing of ways to attract a venture capitalist's or accredited angel investor's funds for "experimentation."

While entrepreneurs are many types of persons with a diversity of talents and abilities, the successful ones are business engineers -- they are masterful at identifying and recruiting greater minds and greater management into their young companies in order to accelerate progress and ensure sustainable growth.

The most successful entrepreneurs are talent scouts, seeking those other special individuals who have expertise or experience in those areas where they realistically acknowledge that they, themselves, might be deficient. This requires several abilities on the part of the entrepreneur at the center of any start-up or high-growth potential enterprise. To expedite and secure success, every entrepreneur must be able to:

1) Search for and recruit talent;

2) Be persuasive and generous in offering those skilled individuals (the ones he or she has scouted) a great deal in return for their sweat equity and for their portion of the assumed risk in working for an unproven organization;

3) Put personal insecurities and ego considerations aside in the interest of project development, implementation and management - it is often very difficult for an entrepreneur to hand over the reins to others, but the rewards are greatest where he or she surrounds himself or herself with high-quality, well-motivated people;

4) Create positions and job descriptions around those areas where these talented individuals have an intersection of their greatest contribution value and their true passions - don't try to partner with a brilliant mind, only to stifle it, underutilize it or misplace it. As an entrepreneur, your people are truly Human Assets. Allow these sentient, innovative assets to help you to find their best place within your organization's management structure and critical path to success;

5) Constantly weed out the feeble asset choices from the powerful ones -- work to diversify your company's collective skill set and to maximize intellectual and emotional synergy. Try to acquire the partnership of those persons from whom you can learn and grow - do waste time finding people to simple "fill pre-carved slots" or to boss around. The wrong people in the wrong positions quickly turn into dangerous liabilities.

The most important thing to remember is that your partners are your entrepreneurial investment portfolio. Trade out of "bad positions" and trade into "good positions." Don't be afraid of strengthening your average per capita corporate IQ. Push the envelope. Good recruits will help you in your conquest of profitability and prosperity.

Faithfully,

Douglas Castle

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NOTICE: This article is Copyright © 2011 by author Douglas E Castle with all rights reserved. It may be republished without permission provided that it is published in full, with all hyperlinks and exhibits left intact, and with full attribution given the author. This article does not contain or constitute medical, health, psychological, legal, regulatory, investment, securities, financial, tax, or any other form of professional advice -- the reader acknowledges and accepts this disclaimer. Further, the reader indemnifies and holds harmless both the author and all publications in which this article appears of any damages, claims, loss, responsibility or liability emerging from the reader’s utilization of any information contained herein.

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Entrepreneurial Success Requires Finding And Recruiting Talent -

DOING BUSINESS IN CHINA: China Raises Key Interest Rate: Opportunity or Worry?

Doing Business In China with Dan Paulson

The world’s largest emerging market is taking steps to slow growth and curb inflation. How will it impact you?

In October, China raised a key interest rate for the first time in three years. This came as a surprise to the economic community considering the impact it could potentially have on world markets. For China, it is a step to slow the lending process after a recent spike in lending both in China and other nations.

So how will this impact you? Well, it may not. In fact, opportunities still exist for the right products and services in China. Businesses with unique expertise or technology will still see potential for growth in China regardless of the increase in rates. In fact, many US investors are borrowing money here and investing in China at the increased rates.

While the increase has led to a great deal of speculation, it is truly hard to say what impact if any this will have on the world market in the short term. What is important to understand is why China may be doing this now. There are a couple of reasons.

First, such rapid growth that China has been experiencing could prove unstable over time. China has been raising the capital reserve requirements for banks in order to reduce the cash to the economy. Raising the interest rates is just another step to controlling cash flow. Real estate is a hot market in China right now and there are concerns about China’s own housing bubble.

Second, China wishes to provide greater valuation for the Yuan. A negative interest rate has existed for several months and China’s population, most of whom save at least 45% of their income; wish to see a greater return on their savings.

Third, airfreight capacity coming out of China is almost fully booked through the end of December. The Central Bank could see this as a sign of a strengthening economy and are expecting the trend to continue. What’s uncertain about all this is what exactly will happen in 2011. There are concerns that retailers are merely stocking up for the holidays and filling inventories that have been kept low over the past year.

The reality is for many businesses; this modest increase will probably have little effect at this time. There are still plenty of opportunities in China. Right now, needs are still strong for green technologies, services for sustainable energy and water quality, and management services just to name a few. If you are interested in international expansion, it is important that you educate yourself on the financial impact of the decisions you make. Get help from someone who has experience in international business and they will help you work through these uncertainties no matter how big or small.

http://www.growinchina.com/

For more information, please visit Dan's TNNWC Bio.

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DOING BUSINESS IN CHINA: China Raises Key Interest Rate: Opportunity or Worry?

DreamRichly is the Entrepreneur’s Megastore of the Social Networking World!

By Kathleen Ronald

Southwest Bureau Chief

(Utah, Arizona, Nevada, California)

I’m sure you all know all about Costco- the super-efficient megastore that gives its members huge discounts as they buy large quantities of an array of products. Well, Costco’s model has moved to the social networking world!

A brilliant model indeed; meet Mr. Chuck Pereira of DreamRichly, the brains behind the “Costco of social networking” for entrepreneurs!

As many aspiring entrepreneurs do, Chuck realized early on that a dream is as only as good as your ability to bring it to life. As a young and inexperienced businessman, he found that he did not have the expertise in all the required lanes that occupy the entrepreneur’s highway. If you are an entrepreneur you know this highway has many lanes, including: the business plan, marketing, funding, sales, employees, HR, accounting, support and more. Chuck’s vision at DreamRichly, combined with all the necessary support he has in place within this social community, will allow you to see your dreams come to fruition!

DreamRichly was born from Chuck’s desire to help other business folks avoid all the “dangers” of the highway, and as a “natural connector” to bring all of his resources in both the areas of personal growth and business development into one place. His goal for his social networking site www.dreamrichly.net is to educate, motivate, inspire and entertain his community so that they have all their business needs meet at a single point of contact.

They even support their members with an 800 number, so that you can talk to a live person for support at any time if you have questions. That asset alone sets them apart from many other sites.

Chuck says, “My goal is to say YES to every member’s request!” He has worked very hard to ensure he can say yes to every need of his vast community. If you have a business need, his organization can meet it-not only with the highest quality of service, but at the best price. Therein lies his take on the Costco model for business entrepreneurs. He guarantees that the product and services that are offered at DreamRichly will be 5-30% lower than prices you would find for similar services.

The DreamRichly Club offers, aside from its vast connections and resources, many specified groups for common interests and needs. Such groups include: Marriage, Family and Personal Enrichment, Free Business Advertising, Understanding Marketing Management, Global Real Estate Investor Exchange; and DreamRichly for women, men, singles, the physically impaired, young adults; as well as regional groups based in Texas, Georgia, Illinois and Southern California. Right now there are 45 groups and counting. In fact, if that’s not enough, you can create new groups- submit your ideas to Chuck, and he can make them happen!

As you can see, there are many of the great models of social networking under one umbrella.

Their membership is free! Additional benefits include:

Daily emails of great business tips from a variety of experts

Your own business concierges, who will support your every need to ensure that you get the right resources for your needs

A social community to expand your business relationships

A 2-day, in-person training in Atlanta (DreamRichly in 90 days)

A bank of free affiliates

A huge offering of products and services

As an entrepreneur, I appreciate that there is a one-stop-shop that I can go to for all my business needs! As Chuck says, “If you have business need, we can fill it, at the highest quality and the best price!”

If you are in business, or are looking to get into business, you will want to check out DreamRichly at www.dreamrichly.net, give the business support center a call at 877-204-8664 or send Chuck Pereira an email at dreamrichly@earnware.net

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DreamRichly is the Entrepreneur’s Megastore of the Social Networking World!