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YoungEntrepreneur.com

By: Steve Johnson

8/26/2008 - 58 Comments

YoungEntrepreneur.com is a great place to find business ideas.

My favorite articles are their interviews with young entrepreneurs. The information is priceless. Nowhere else can I converse directly with a CEO of a new startup business.  Talking with them about their business model and the emerging market that they are pursuing is like a virtual mentor.  For example, in this article, Derek Johnson Interview a young entrepreneur who has build an online business. The interviewer asks questions like

  • To what do you attribute your company’s recent achievements?
  • What three pieces of advice would you give to aspiring entrepreneurs?
  • What have been some of your failures, and what have you learned from them?
  • Describe/outline your typical day?
  • What stops you from throwing in the towel and giving up during those frustrating days of running your business?

My favorite is, what three pieces of advice would you give to aspiring entrepreneurs?

1) Be Available
2) Start Small
3) Seek out advice

These three are key.

My second favorite articles’ are the ‘Entrepreneur University’ series, where they feature advice from an expert.  Many of the experts that share advice are internationally recognized authority.  For example, in this article, 7 Myths About Successful Selling - Entrepreneur University. Donald F. Pooley, an expert on marketing of financial services gives his advice about selling, which is a major part of any new startup.

If your looking to start a business, YoungEntrepreneur.com is a great place to find business ideas and encouragement.

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Internet Riches

Scott Fox has made a fortunate with the Internet. In Internet Riches, Scott explains what the Internet is the best place to be right now. Scott detailed how the Internet has brought several waves of new market opportunities, including efficiency, products (e-commerce) and niches. Scott gives his formula building a successful business on the Internet in Chapter 8. Scott emphasizes by his examples, that it’s easier to use the Internet to market an existing business than to build a new business on the Internet. The best way to do that is by creating original content, which is exactly what bloggers do.

Seeing What's Next: Using Theories of Innovation to Predict Industry Change

This book will help to understand what new innovations with survive and which will fade away. If your investing or starting a new business, this book is a must read. Clayton argues that disruptive innovations typically introduce new benefits to a market, usually centered on convenience, simplicity, customization, or affordability.

Crossing the Chasm

This book is primary about moving from high tech products from early market success to mainstream market leadership. But, this book explains many of the concepts of moving a business from the starting gate into the marketplace. If you are trying to start a new business, this book will be very useful. This book talks about, attacking a niche market, creating competition, start locally – then globally, building relationships and many others aspects of getting started.

Will and Vision: How Latecomers Grow to Dominate Markets

This book is aimed to debunk the First Movers Advantage, which is the idea that the first company to create a product in a new market has historically become the industry leader. If you're starting a new business, this book will inspire you to move ahead with your plans even if you are not the first one to the market.