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Sunday, May 31, 2009

Baby Boomer Entrepreneurs, What Are The Behaviors of Successful Business Owners?

Would you like to know the three issues that every business owner must deal with regardless of the size of the business?

Would you like to learn a three step process to successfully address those issues?

Do you know why you must evaluate your success based upon the success of the people you hire?

Do you know why beginning with the One Page Business Plan can be the foundation of your success?

If those are interesting to you, you want to watch Ron Finklestein's video, Behaviors of Successful Business Owners. Ron is a business coach. He is also an expert author at This site is promoted as the Internet's #1 resource for small Business motivation and strategies.

Baby Boomer Entrepreneurs and entrepreneurs of all ages, five minutes invested in this video could give you the leg up to success that you are seeking.

Shallie Bey
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Sunday, May 24, 2009

Baby Boomer Entrepreneurs, Does Business Incubation Improve The Odds of Business Success?

As the economy continues to be weak, it is important for baby boomer entrepreneurs to know about business incubation. Business incubation in a formal program may be the key to business success as you form your new enterprise. If you can't join a business incubation program, you may want to simulate one of your own.

The National Business Incubation Association says that business incubation programs provide entrepreneurs with a guiding hand to help them turn their ideas into viable businesses. Since the first incubator opened in Batavia, N.Y., 50 years ago, incubation programs around the world have been providing client companies with business support services and resources tailored to young firms to help increase their chances of success.

Does Business Incubation Improve Odds of Success?
The U.S. Department of Commerce Economic Development Administration validates that incubation works. Their research says that business incubators provide communities with significantly greater results at less cost than do any other type of public works project.

Researchers found that business incubators are the most effective means of creating jobs – more effective than roads and bridges, industrial parks, commercial buildings, and sewer and water projects. In fact, incubators provide up to 20 times more jobs than community infrastructure projects (e.g., water and sewer projects) at a Federal Government cost of $144 to $216 per job compared with $2,920 to $6,872 for the latter.

In another EDA-funded study in the mid 1990s, it was found that 87 percent of all firms that had graduated from NBIA member incubation programs remained in business – and about 84 percent remained in the incubator's community.

It is estimated that in 2005 alone, North American incubators assisted more than 27,000 start up companies that provided full-time employment for more than 100,000 workers and generated annual revenues of more than $17 billion. Many thousands more jobs were created by companies that had already graduated from these business incubation programs and now operate self-sufficiently in their communities.

If a strategic focus on innovation and entrepreneurship makes the difference in businesses started in business incubators, a similar focus will work for you.

Find out more about business incubation by visiting the National Business Incubation Association at

If you can't find an incubator, you may be able to simulate the incubation process by participating in a structured process. See our suggestions on doing this by visiting Join The Baby Boomer Entrepreneurs.

Shallie Bey
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Sunday, May 10, 2009

Shallie Bey Joins New Twitter-based Question and Answer Resource for the Baby Boomers

Baby Boomers, gain access to a community of over 80 professionals and organizations for free timely advice!

If you are a baby boomer looking for help with career choice options, beginning an encore career, or launching a new business venture, there is a new resource available to you.

Shallie Bey of Smarter Small Business Blog, dozens of other professionals and the Baby Boomer Knowledge Center (TM) are contributing to the improvement of communications and relationships between professionals and you, the baby boomer consumer. This new initiative is called @BoomerAuthority. Shallie Bey will serve as one of the authorities on baby boomer entrepreneurs and other business issues.

You can submit questions to @BoomerAuthority through Twitter. It doesn't matter whether you need help with an issue, have a question, seek an opinion, or simply want a recommendation. You just send a public message on Twitter to @BoomerAuthority. The twitter message will be monitored and directed to a person with the appropriate expertise to help you. You will get a direct response back to you in your preferred method of response.

For more information on how to use this resource, go to Baby Boomer Knowledge Center
Or, go directly to @BoomerAuthority to ask your question.

Shallie Bey

Thursday, May 07, 2009

Baby Boomer Entrepreneurs, Michael Gerber Says There Is A System To Create What You Don't Know How To Create (Part 3)

In Part 3 of this interview on The New Millionaire with Kean Wong, Michael Gerber continues his discussion on how to create the system to create what you don't know how to create. He shares his new thoughts on the role of dreaming as the missing ingredient that kept him from inspiring entrepreneurs to the level he wanted to inspire them.

Listen to the concept of the entrepreneur incubator. This incubator is not the incubator of your business but the incubator of your mind.

And please see our free directory of other information about Michael Gerber and the E-Myth Revisited. If you missed Parts 1 and 2 of the interview, you will find them there.

Shallie Bey
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Tuesday, May 05, 2009

Michael Gerber Says There Is A System To Create What You Don't Know How To Create Part 2

In Part 2 of this interview with Kean Wong of The New Millionaire, Michael Gerber takes up the issue of how to create a world class business operating system. He shares how he used that concept to build his company and to have his company train other business owners to do the same thing.

And please see our free directory of other information about Michael Gerber and the E-Myth Revisited. If you missed Part 1 of the interview, you will find it there.

Shallie Bey
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Sunday, May 03, 2009

Baby Boomer Entrepreneurs, Michael Gerber Says There Is A System To Create What You Don't Know How To Create (Part 1)

Baby Boomer, as you stand before the task of creating a new business, to join the entrepreneurs, you have a problem. The problem is that you have to create something that you have never created before, a working business. Further, you have to do that and you probably don't know how. Even worse, the majority of people who have tried what you are doing have failed.

Michael Gerber says that does not have to be a problem for you. The author of the E-Myth Revisited, the man who has explained why so many small businesses fail, says there is a system that you can follow to achieve success. In an interview by Kean Wong of The New Millionaire, he begins to explain the system to you. Please take a look.

And please see our free directory of other information about Michael Gerber and the E-Myth Revisited.

Shallie Bey
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