Cover image for Small business, big vision : lessons on how to dominate your market from self-made entreprenuers who did it right
Title:
Small business, big vision : lessons on how to dominate your market from self-made entreprenuers who did it right
Personal Author:
Publication Information:
Hoboken, NJ. : Wiley, 2011.
Physical Description:
xxii, 202 p. ; 23 cm.
ISBN:
9781118018200
Abstract:
"The world of today's entrepreneur is far different from the business climates of past generations.As quickly as technology and the economy are changing, and as impactful as those changes are on our society, the ability to embrace and effectively integrate change has become more vital than being experienced. Regardless of one's age in years, a young mindset is what it takes to thrive as an entrepreneur today. "The way we've always done it," isn't relevant in today's business world.The profiles in Small Business, Big Vision portray entrepreneurs who demonstrate that "flexible" and "adaptable" are the new "dependable" and "steadfast." The 7 Steps for entrepreneur success are: Toss Your Business Plan Out the Window Investors- Out! Collaborators- In! The Toothless MBA Hiring Employees [is] for Dummies Laser-Sighted Marketing Pulling a 180° It's Not all About You"-- Provided by publisher.
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Summary

Summary

Lessons in applying passion and perseverance from prominent entrepreneurs

In the world of entrepreneurship, your vision solidifies your resolve when things get tough, and it reminds you why you went into business in the first place. Authors, brothers, and serial entrepreneurs, Matthew and Adam Toren have compiled a wealth of valuable information on the passionate and pragmatic realities of starting your own business. They've also gathered insights from some of the world's most successful entrepreneurs. This book delivers the information that both established and budding entrepreneurs need, explains how to implement that information, and validates each lesson with real-world examples.

Small Business, Big Vision provides inspiration and practical advice on everything from creating a one-page business plan to setting up an advisory board, and also delivers a call to social entrepreneurship and sustainable business practices. This powerful book:

Offers instruction in whether and how to seek investors Outlines the pros and cons of hiring employees and provides guidance on how to find the best outsourced workers Presents a comprehensive action plan for effective social media marketing Explains how to build an information empire and become an expert

Small Business, Big Vision proves that with a flexible mindset, practical skills, and the passion to keep pushing forward, entrepreneurs can find success, even in today's ever-changing business landscape.


Author Notes

MATTHEW TOREN and ADAM TOREN are brothers, serial entrepreneurs, investors, and mentors. For nearly twenty years, they have provided instruction in management concepts, marketing, and finance to emerging and distressed small businesses. They currently own and operate a successful media company and founded YoungEntrepreneur.com, one of the largest online forum communities for entrepreneurs worldwide. The Toren brothers are also the authors of the award-winning book, Kidpreneurs: Young Entrepreneurs with Big Ideas! Visit www.SmallBusinessBigVision.com.


Table of Contents

Gary Whitehill
Forewordp. xi
Prefacep. xvii
Acknowledgmentsp. xxi
Permissionsp. xxii
Introductionp. 1
Why You Need This Book and Why You Need a Big Visionp. 1
Our Storyp. 3
Chapter 1 The Importance of Having BIG Visionp. 9
Entrepreneurial Profile: Dan Schawbel of Millennial Branding, LLCp. 13
Fuel Your Fire with Passion and Perseverancep. 16
Entrepreneurial Profile: Siamak Taghaddos and David Hauser of Grasshopper Groupp. 22
Chapter 2 Rethinking Your Business Planp. 25
The One-Page Business Planp. 29
Entrepreneurial Profile: Brent Oxley of HostGator.comp. 35
The Finance-Centered Planp. 38
Entrepreneurial Profile: Brock Blake of FundingUniversep. 46
Chapter 3 Investors Out-Collaborators In!p. 51
Investors: A Question of Need versus Wantp. 54
Entrepreneurial Profile: Gabriel Shaoolian of Blue Fountain Mediap. 58
When Your Needs Call for Investorsp. 62
Collaboration Is Keyp. 63
An Advisory Board as a Replacement for Investorsp. 65
Entrepreneurial Profile: Anita Campbell of Small Business Trends and BizSugar.comp. 69
Chapter 4 Hiring Employees: The Good, the Bad, and the Alternativesp. 77
The Magic of Leveraging Your Timep. 79
The Downside of Hiring Employeesp. 80
Entrepreneurial Profile: Ali Brown of Ali Internationalp. 83
The Best of Both Worldsp. 89
How to Find the Best Outsourced Workersp. 94
Entrepreneurial Profile: Daven Michaels of 123Employee.comp. 96
Chapter 5 Laser-Sighted Marketing through Social Mediap. 101
The Magic of Social Media Marketingp. 106
Entrepreneurial Profile: Gary Vaynerchuk of Wine Library TVp. 108
Four Keys to Social Media Marketing Successp. 111
Entrepreneurial Profile: Mike Roberts of SpyFu.comp. 123
Chapter 6 From Entrepreneur to Icon: Achieving Expert Statusp. 129
Embracing Your Expertisep. 132
Building Your Information Empirep. 133
Entrepreneurial Profile: Shama Hyder Kabani of The Marketing Zen Groupp. 139
Chapter 7 The Socially Responsible Entrepreneur: It's Not Always about Youp. 143
Social Entrepreneurship Is True Entrepreneurshipp. 146
Entrepreneurial Profile: Adam Braun of Pencils of Promisep. 148
Sustainability Is the New Bottom Linep. 151
Entrepreneurial Profile: Scott Harrison of charity: waterp. 155
Chapter 8 Pulling a 180: The Business Turnaroundp. 159
Flexibility Allows for Transformationp. 162
Entrepreneurial Profile: Matt Mickiewicz of SitePoint and 99designsp. 167
What to Do Before You Give Upp. 171
Entrepreneurial Profile: Mike Michalowicz of The Toilet Paper Entrepreneurp. 177
Afterwordp. 183
Resourcesp. 187
Epigraph Sourcesp. 195
Indexp. 197