Be an Entrepreneur

Business
To survive in today's economy, small-business people like the big require management skills that are often best acquired through formal training.

If you have neither the time nor temperament to work toward a degree, you can choose from a variety of commercial and government sponsored courses.

A good business course will cover such fundamentals evaluating an idea for an enterprise, raising capitals and dealing with supplies and customers. Students are commonly asked to prepare a detailed business plan for their firms first five years.

You can size up the course's content by studying the catalogue or talking to faculty and former students. You usually can get names and phone numbers from those sponsoring the course.
The best and most accessible of the cram courses are those sponsored jointly by the Small Business Administration, chambers of commerce and community colleges.

Intrapreneuring
If you have longed to start a new business but need the security of working for an established corporation, you could be a prospective intrapreneur. That is an entrepreneur who launches a small company inside a big one. what is most alluring about intrapreneuring is that if promises some of the rewards of a start-up but few of the risk. If you succeed, you may enjoy promotions, bonuses and a chance to innovate again.But you are not fired if you fail.

Start by asking yourself how well the venture you would like to champion suits your company. Ideally, your idea should compliment your firms research or marketing strengths without appearing to threaten entrenched producs and executives.

You will need to draw-up a business plan . It should present a detailed description of your venture's projected markets, start-up costs , monthly sales goals and annual profit. Include in the business plan your initial request for special compensation in addition to your regular salary.