Archive for the Business Plans Category

Differentiating yourself as an Entrepreneur 1 – Introduction

Differentiating yourself as an Entrepreneur 1 – Introduction

There are few things in life that make me happier and excited, as waking up every morning knowing I’m my own boss, an entrepreneur, having the flexibility to arrange my own schedule, not having to answer to other people about my work and daring me to go

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Traveling in search of Venture Capital for our Business

Traveling in search of Venture Capital for our Business

At the beginning of the decade of 2000 I created my first major business with several friends from my university. We had a large business idea (at least thought that) and we required a large economic investment. Back then it was too hard to find venture capital

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What to do when people say that my business idea will not work?

What to do when people say that my business idea will not work?

I begin this article by going to the past, maybe some 13 o 14 years ago, when I was a student at my university. Back then I had an innovative business idea that I wanted to pursue and make a reality. I had gathered several of my

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The conundrum of every entrepreneur: Facing New Competitors

The conundrum of every entrepreneur: Facing New Competitors

I’ve been an entrepreneur for more than 18 years and during this time I’ve had the opportunity to speak with many young entrepreneurs as well as established businessman. Many years ago I came to the conclusion that most entrepreneurs are afraid of competition. This fear usually begins

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Venture Capital Firms making their way into Latin America

Venture Capital Firms making their way into Latin America

Some 10 years ago, maybe a little bit more, I was trying to make my first large entrepreneurship a reality. At that time we analyzed with my business partners, different mechanism to finance the project. Among the options we analyzed, we included a bank loan, government funding,

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Launch of the Mailing List Aceleración.com

Launch of the Mailing List Aceleración.com

A couple weeks ago I told my readers some of the new project we have at An Entrepreneur Blog and Inversiones Gómez Montes S.A.S. for the year 2015. One of the news I announced that day, is that we were going to launch a new mailing list,

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Steps for Becoming an Entrepreneur 2: Analyze and Prepare Yourself

Steps for Becoming an Entrepreneur 2: Analyze and Prepare Yourself

On the first part of this series, I talked about the first step of becoming an entrepreneur, which I defined as the idea and the Calling. For this second step, I will analyze the next step, which is subdivided again into two elements: Analysis and Preparing Yourself.

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A new company’s guide to contracting

A new company’s guide to contracting

For anyone the idea of setting up a new company may seem like a daunting prospect, however by taking things step-by-step it can be surprisingly straightforward to establish a contracting business. From establishing your company to obtaining the host of financial benefits attached to being a contractor,

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Some advises about Financial Analyses

Some advises about Financial Analyses

When we start a business in a structured way, one of the first activities we perform is a business plan that includes financial analyses. This is a good exercise because it is the starting point in order to analyze various aspects of our firm. However you have

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Business Plans, ¿Just paper?

Business Plans, ¿Just paper?

Some centuries ago, when people wanted to start a business, they just had to have an idea and start to execute it, in other words going out and sell. Today it is very difficult to think in having an idea and go out and sell before a

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