Youngentrepreneur: BusinessWeek put out a list this week of their top European Young Entrepreneurs for 2007. They looked at business owners who were under 25 years old, were making an impact, and were inspiring others to do so as well. Most of the featured entrepreneurs are in technology related businesses and are breaking from the traditional past of their deeply routed cultures.
Some of the winners are:
Russia: Artemi Krymski, 23 – building the best real estate directory for buyers looking to purchase properties
Sweden: Jonas Hombert, 20 – selling easy to use video-editing software taking advantage of the YouTube craze
Ireland: Aodhan Cullen, 25 – founder of popular web analytics software provider StatCounter (I use it for my website and am a big fan)
Estonia: Karoli Hindriks, 23 – runs MTV Estonia and sells knitted hats and gloves made from reflective material
Top European Young Entrepreneurs of 2007 [Youngentrepreneur]
Author: Ethan Theo
Abe WalkingBear Sanchez is an International Speaker / Trainer / Consultant on the subject of cash flow / sales enhancement and business knowledge organization and use. Founder and President of www.armg-usa.com, WalkingBear has authored hundreds of business articles, has worked with numerous companies in a wide range of industries since 1982 and has spoken at many venues including the Shakespeare Globe Theater in London.
Categories
Earn Dollars, Live On Pesos
Reveries: Timothy Ferris used to work 14-hour days and make $40,000. Today, at 29, he says he works four hours a week and makes $40,000 a month, reports Michelle Archer in USA Today (6/11/07).
Timothy says he has put his “cash flow on automatic pilot… by outsourcing to an extreme degree,” including “using virtual personal assistants from India and elsewhere to handle almost everything… for $4 to $15 per hour.” He writes: “Fun things happen when you earn dollars, live on pesos and pay in rupees.” Timothy advises liberating yourself “from a single location and enabling employees to escape the clutches of their bosses by proving their performance is more important than their presence”.
4-Hour Workweek [Reveries]
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Video Marketing
PowerHomeBiz: Online videos are growing in popularity, as more and more people watch videos on the Web — from movie previews to amateur productions. Broadband penetration is increasing especially in the United States, allowing more Internet users to enjoy sound, movement, advanced interactivity, and hence videos online.
You can create product demonstration or video instructional videos to show visitors how to use the products you sell. These videos allow customers to see your products beyond the 2-dimensional pictures, and provide them an opportunity to see how the product works, understand the functions of the product, help them know what they can do with the products, and give a better sense of the size and shape of the product.
You can also offer videos that appeal to your audiences as additional content of your site. Visitors are likely to come back to your site if you offer videos related to their interests that cannot be found anywhere else. Better yet, make the visitors feel more valued and important by letting them share their own videos about your topic.
Google bought the video sharing site YouTube for a whopping $1.65 billion in 2006, a clear indication of the growing power of videos. With YouTube’s traffic quadrupling in the first half of the year, companies are flocking to YouTube to boost brand awareness and benefit from the power of viral marketing.
How to Use Video and Rich Media to Drive Online Sales and Loyalty [PowerHomeBiz]
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Are You An Entrepreneur?
SmallBusinessCEO: What the definition of an entrepreneur is. Is it a role, an attitude or a title?
Webster’s Collegiate Dictionary defines it as: “On who assumes the risk and management of a business.”
That is no help. If I am a functional manager in a business, say a Sales VP, I am surely managing a part of the business and I am taking a risk with my career, my employees and peers. Does that make me an entrepreneur?
Maybe it is all of the above, a role, an attitude and a title.
Entrepreneur seems to be the hottest buzzword going around, the hero, the savior of economies worldwide. How do we spot one when we see one? How do we spot youngsters and support them in their journey to business success?
What is an Entrepreneur? [SmallBusinessCEO]