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This compact-sized 1-port Fast Industrial Ethernet Media Converter with DC 36~60V power input, specifically designed for Telecom applications requiring 48V power supply. The industrial EtherCAT tested Fast Industrial Ethernet Switches to Multi-Mode / Single-Mode fiber converter supports both switching forwarding mode with abnormal packet filtering and pure converter mode with extreme low data forwarding latency, and thus, ensures the real-time and high-performance packet transmission in enlarged up to 30KM fiber networks.

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Korenix USA proudly announces the release of the Korenix JetNet 5018G. A 16+2G Industrial Gigabit Ethernet Switch

Korenix unveils JetNet 5018G, the Intelligent High Power Density Industrial Gigabit Ethernet Switch specifically designed for large network applications requiring high-port density and secure connection. This Industrial Ethernet Switch is equipped with 16 Fast Ethernet ports and 2 Gigabit SFP combo ports, the switch is capable of aggregating up to 8 fast Ethernet and 1 Gigabit fiber/copper rings while ensuring the network reliability for various distance applications.

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Korenix USA is proud to announce the release of the JetNet 4006 series. The 6-port fast Managed Industrial Ethernet ring switches with 4 fast Ethernet RJ 45 ports plus 2 copper/fiber uplink ports for flexibly linking high-end switches with Korenix MSR network redundancy technology which can recover industrial network failures in just 5 milliseconds.

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What Is A Mentor?

The term ‘mentor’ has been much bandied about over the last several years. It is given any number of meanings. In the context of entrepreneurship and people who have embarked on new business ventures, the term is normally associated with a person, who has a particular set of skills and experiences and who is available to support an entrepreneur with advice and perhaps even as a channel to business contacts.
The mentor-mentoree relationship, typically has a number of features that are, more or less, essential:

What Would I Be Looking For In A Mentor?

First up you will be looking for someone that is successful in the field that you or your business is in. The mentor is an experienced person with a strong knowledge of entrepreneurship (perhaps has started and sold businesses) in an industry which is related to the entrepreneur’s business idea or start-up.
The mentor and mentoree enter into an arrangement (could be fee for service) which establishes regular meetings and/or conversations.
A mentor will often be available to be “at call”.

How Or Can A Mentor Help Me?

A mentor will often determine the scope of his or her mentoring. This mentor-mentoree relationship is seldom about “my biggest customer is not paying his bills, what should I do?”. It is usually more strategic but with mentor support for technical issues such as understanding the obligations of an employer and understanding how to best present the business to a bank or investor.
Most mentors will be honest and forthright in their views, so be prepared to take criticism. Most mentors will have a very busy schedule as many are still in business and under-taking mentoring as a “service”.
Most young entrepreneurs in particular will have natural mentors within their circle of family and friends. There is almost always an uncle or a cousin who has been in or still is in business that could act in a mentoring capacity perhaps in a less formal role than outlined earlier but none the less, potentially value. Most people are only to be pleased to act as a mentor to a young entrepreneur.
An entrepreneur who is willing to learn can save a good deal of time and money and reduce use the amount of ‘headache’ involved in starting a business by being prepared to listen with both ears to a mentor’s input.

What Does A Mentor Cost?

As mentioned earlier the fee question is an open question. Many smart entrepreneurs create a website with forums and blogs which, in a fashion can attract mentors. Sometimes mentors can be like-minded (and like-aged) individuals who are at a similar stage of their business development but who have had experiences that can be shared with another entrepreneur.
In today’s wired world where social networks are the buzz, it would an opportunity foregone if an entrepreneur did not “wire” themselves in to as many networks as possible and make sure they tell the people what they are doing (short of giving away commercial secrets!).

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do i need a mentor

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Entrepreneur

In the strict definition of the term, an entrepreneur is a person who is willing to take upon herself or himself a new venture or enterprise and accepts full responsibility for the outcome. There is more to it than that.
Speak to any entrepreneur and they will also reveal a personality trait that would be best be described as an “out of box” personality. A person who looks for solutions for common (and sometimes uncommon) problems. Often they have the kind of personality that reveals itself as an independence streak; one which seeks to be self determining rather staying in job or role that is strictly regulated by a job description and reporting to a boss. More than money as a goal, entrepreneurs seek this independence, financial freedom and their own ‘vehicle’ from which to express themselves.

Entrepreneur’s Characteristics

Take a look at a number of successful entrepreneurs and you will note certain characteristics that, when viewed at as a whole, appear to account for a kind of ‘shopping list’ of attributed necessary to be successful. You would note a quality of determination, of self-reliance, a strategic thinker, a risk-taker.
The average person, from a personality perspective, is mostly risk averse, that is, they seek job security and financing security. These are not high on the entrepreneur’s set of criteria. Whereas the average person is quite comfortable in a job which provides them a decent salary and some kind of career track ,the entrepreneur, typically is a risk taker. They see opportunity where others may see risk. They se a problem waiting to be solved whereas the next person may not have any sight at all about this “problem.”
Indeed this is one of the strong, discerning characteristics of an entrepreneur: they have almost an innate capacity to identify a problem that is really an opportunity.

Dan Joyce Young Entrepreneur

Consider the case such of Dan Joyce as an illustration;
Dan Joyce was a successful analyst working for Macquarie Bank when at the age of 23 he identifier a “problem” waiting for a “solution.” He had a friend staying with him at one time – a French man – who, after dinner and some drinks with friends, asked Dan (at around midnight) where the nearest DVD “kiosk” was. Three years ago there were no DVD kiosks in Sydney or anywhere else in Australia.
But Dan’s friend was accustomed to walking out of his apartment in Monmatre in Paris at any hour and use his credit card to dispense a movie from an auto-operated vending type machine. That set Dan off into his entrepreneurial venture – RedRoomDVD now operating half a dozen or so kiosks with plans to install several hundred around shopping malls in Australia.

Anyone Can Be An Entrepreneur

Despite the fact that such personalty traits are prevalent in the more stereotypical entrepreneur outlined earlier, it is possible for anyone to become and entrepreneur. The challenge is mindset. As we noted earlier, where the average person is more risk averse than the entrepreneurial ‘type’ that does not mean they can’t adopt a more entrepreneurial “mindset”.
It requires a kind of ‘re-wiring’ of thoughts. For example, looking at an ‘opportunity’ with a more objective view. The Dan Joyce case was not a flash-in-the-pan outcome. It took months of travel and research and some serious capital to get the idea up and running. The homework does not eliminate the risk, it simply enables the ‘solution’ to be carefully defined and planned, thus reducing the ‘perceived’ risk. Some people are very good planners and despite their fears or their risk aversion, they too can undertake the entrepreneurial pathway.
Above all, an entrepreneur needs to be self-aware; that it takes a good deal of planning and aligning of resources before a new venture can be undertaken.

I started being in business at a very young age. I was in year 8 at school, and I was given $3 for lunch each day from my mum. On my way to the bus stop in the morning I would drop into the corner store, and use my lunch money to buy lollypop’s for 5 cents each. At school I would sell them to kids for $1 and $2 to make a huge profit!!!

I would always reinvest my money the next day and buy more lollypop’s to provide for the huge demand at school.

entrepreneur
entrepreneur

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Are you thinking about setting up your own business? Have you an idea for a new business but are unsure about how to proceed? If you have answered yes to either of these questions, this article could be of benefit to you. I am going to write about how to plan and create a successful small business.

Many people are looking at ways in which they can become self-employed as they have had enough of being dictated to and fed up of long and frustrating commutes to work. They want the freedom of being their own boss and to be able to choose their own hours of work.

Leaving a full time career can be quite a scary prospect however. The security of having a regular income and other benefits such as a pension and a share save scheme can seem hard to let go. I am sure many people whether rightly or wrongly have opted to stick with this security and to merely keep their business plan as an idea, which they never see through or use.

Other people are willing and happy to take the risk and see it as a way of getting out of the rat race.

When you have an idea for a new business you then need to think of a name to call it. I would keep this name quite short as it makes it easier to remember for people. It obviously needs to have something to do with the business sector you are entering.

You will now need to work out how much money you will need to set up the business. This can be quite daunting but is essential. In the short term I would advise to keep these start up costs as low as possible, you can always buy or rent better machinery in the future as an example.

Once you are aware of how much money you need, you then have to find it. You may have enough yourself via savings or a redundancy payout, however most people are not in this position. If you do not have enough money, you could try and raise money via the family, by seeking a partner or by releasing the equity from your house. There is also the option of a business loan.

The next stage is to market your product or service. There are many ways of doing this including:

The internet via a website

An advert in the newspaper

Direct marketing in the form of leaflets

An advert in the yellow pages

Exhibitions

Trade fairs

I would advise finding out where other people from your industry advertise as they will have tried and tested many of the above options.

You then need to work out how much to charge for your product or service. I always keep these charges fairly low at the outset in order to attract as many people as I can and to get some income in. I then hope that word of mouth will take over and the idea is that after a few months I will be in a position to increase my fees.

It is also important to realise that we will make mistakes along the way. When this happens we need to think positive and not to beat ourselves up. It is an experience we can learn from.

Always have belief in yourself. At times any business will go through a rocky period, this is when we need to be strong. In my opinion the more work we put in, the more rewards we are likely to obtain.

Self-discipline is one of the keys to your success. Being able to choose your own hours of work may seem like a dream but it can prove to be many peoples downfall. We have to ensure that we work the required amount of hours. It is far too easy to stay in bed for that extra hour or to arrange yet another game of golf. These things are fine once you are established, but this is a long way off at this stage.
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[This is your chance to list what, in your opinion, are the most important attributes required by an internet entrepreneur...

Please share with the community your thoughts and your top 7 by commenting below and starting the discussion.]

These are the words of my original post on this subject, but unfortunately after 100 viewings, nobody has suggested their own 7 best attributes of an entrepreneur. This leads me to believe that the subject is popular, but that people are looking for the definition of the attributes.

It therefore falls to me to help the discussion along the way, by sharing with you my own thoughts regarding the 7 best attributes. So here we go…

1. Imagination
This is the first requirement for any entrepreneur. Without this faculty it’s not possible to concieve of, and then formulate, a plan with which to accomplish the desired outcome.

2. Desire
The entrepreneur must have a burning desire, a passion, that will drive them forward, enabling the execution of the plan. Sometimes this may only be by small steps, at others, giant leaps forward. Definiteness of purpose mixed with a burning desire does not recognise failure.

3. Faith And Conviction
You must know that without faith in the plan, or in your own abilities, that the entrepreneur may fail at the first difficult hurdle. Remember. that the loss of one small skirmish does not mean the loss of the battle. Remain focused and convinced that success is ultimately yours.

4. Persistence
Take persistent action to complete each small step of the plan. Form habits that are consistent with achieving your goals. Form a daily routine consistent with promoting the plan.

5. Knowledge And Adaptation
Continually garner knowledge on your chosen niche, then implement any new knowledge, through imagination, by incorperation into the plan. To stay ahead of the game, it is necessary to adapt and to lead.

6. Courage
You must be able to control your mind to such an extent, as to banish indecision, doubt and fear. The first leads to the second thence to the third – Fear. While in this state of mind there is no doubt that your goals will never be achieved. Whether you aspire for financial, material, spiritual, or mental goals, you will need courage, determination and will-power. With these in control, fear cannot get a foot hold in your mind.

7. Generosity Of Heart
Give Before Receiving. This is a basic tenet of living a decent life. Giving makes two people happy

With these attributes there is no doubt the entrepreneur will succeed, but what is success. How do we measure success. Is it by the bank balance, good standing in society, admiration from your peers?

I think this quotation by Raplh Waldo Emerson sums up success nicely…

“To laugh often and much; to win the respect of intelligent people and the affection of children…to leave the world a better place…to know even one life has breathed easier because you have lived. This is to have succeeded.”

So now you have my 7 best attributes of an entrepreneur dear readers, I would like to know yours, so please leave a comment. We all would benefit from the huge knowledge pool that is YOU!

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Lots of people hope to dump their day jobs and set up their own businesses; however, becoming an entrepreneur is not for everyone. An entrepreneur requires the following specific personality traits in order to succeed.

Basic Personality Qualities:

1) Self-Discipline and Self-Determination – There are a number of key skills and personal traits that an entrepreneur needs, but they can all be summed up as a self-starter who has a penchant for acting; one who is an “actor” in the game of life, not just a spectator on the sidelines.

2) Leadership and Influence – An entrepreneur will need to “sell” his/her ideas to a wide variety of people, probably starting with a banker or other investment partner, and continuing through a constant stream of contacts with both vendors and customers. Personal integrity and character are mandatory.

3) A Positive Way of Thinking Rather than a Unenthusiastic Viewpoint – An entrepreneur must be able to perceive the best in any set of circumstances and to envision a positive outcome, regardless of the difficulties or brick walls one might currently be facing.

4) A Clever Imagination and Ability to Start or Innovate – An entrepreneur must also be able to leave the boundaries of present thinking and restrictive assumptions, and to think “outside the box,” including the ability to grasp opportunities where others see only constraints and problems.

5) Willingness to Take Justifiable Risks – Risks are there in any effort, and the entrepreneur must be able to rapidly and properly interpret the risks embedded in his/her planned opportunity, and then must have the courage and grit to act when the occasion is right.

In effect, an entrepreneur observes a problem that is still unresolved – and develops a solution that meets the desires of a unique market niche.

Someone who can creatively solve problems in the surroundings, sustain self-control and self-discipline, coupled with a positive attitude as well as the desire and determination to succeed will do just that – succeed.

If you lack any of these characteristics, enterpreneuring may not be the best answer for your future success and financial security; however, if you do share the above traits, you too can become a successful entrepreneur.

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Although the title of this article started with “how to become an entrepreneur”, in reality this sentence doesn’t quite make sense.

You see, people don’t become entrepreneurs. We are all already entrepreneurial to some extent. ‘Becoming an entrepreneur’ really means just putting that entrepreneurial instinct into practice.

So the bottom line is, if you’ve just typed “how to become an entrepreneur” into google, you probably already are an entrepreneur. Well that was easy wasn’t it?

Unfortunately, having entrepreneurial instinct as you evidently do, doesn’t automatically fill your bank account. That part will take some work, but using the internet you can start an online business that you build in your spare time, and it won’t cost you more than a few bucks a day to get started. So what you really want to know is…

How do people make money on the internet?

People make money on the internet in a few different ways.

Some people build (or have built for them) websites where they sell products.

These don’t have to be physical products, lots of people successfully sell digital products, like downloadable ebooks, audio lessons and video. These can often be instructional, such as ‘how to meditate’, ‘how to train your dog’. Anything really, the demand for information is strong and diverse. Do you have a skill people might want to learn?

Other people may start a blog about their favorite topic.

You can make money on the internet without even having to sell anything. You can start a blog (for free) and advertise on it using Google Adsense. You just follow the instructions and the advertisements automatically appear on your blog or website. Your job then becomes writing interesting content that keeps people coming back for more (and seeing those ads!) The downside of this method is that it can take quite a significant amount of time to see any return from hard work.

Here’s my favorite: You can get paid (handsomely) to sell other people’s products as an affiliate

This method of earning money online is an entrepreneurs dream come true in my opinion. Basically, people and companies that sell products online need people to visit their websites. It doesn’t matter what you’re selling if no one comes to the shop!

Therefore, they are willing to pay large commissions to people that send purchasing customers to their website.

For example, lets say you had a blog on Spanish Recipes. On your blog, you recommended a cookbook on Amazon that was really good for people that wanted to learn spanish cooking. If someone visited Amazon from your blog and bought that book, you would get paid a percentage of the sale! Its not just books either. You can get commissions for cameras, televisions, credit cards even coffee! And that’s just scratching the surface.

Many companies will pay you $30+ per sale and I’ve earned commissions as high as $58. You can see how a few of these sales per week quickly add up, and if you’re really willing to put some effort into learning how to become an affiliate marketer, the earning potential is very promising.

I hope this brief introduction on how to become an entrepreneur has helped answer some questions for you.

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Its the training I use myself, so if you want you can read my Wealthy Affiliate Review

All the best for your entrepreneurial journey.

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Finding a niche that is both massively profitable and Links make a better living:personally enjoyable for you to work in can be difficult for internet marketers. Unless you’re interests are ultra-specific, and fall well outside of the bounds of mainstream culture, it’s likely that you’ll end up competing with hundreds, or even thousands, of other opportunistic internet marketers trying to make money in the same niche. While the major mainstream niches are often saturated with competition, made up of both passionate enthusiasts and activists, and imitators trying to make the most of a popular niche, it can still be possible to exploit the dynamics and possibilities of these niches in your favour.

Is it possible to make a better living from dominating popular niches than by dominating ultra-specific ones? It’s certainly a bigger market to play in, but on the whole the answer is most likely no. There are several reasons for this. Firstly, the amount of effort and work required to dominate an ultra-competitive niche is massive, and the time dedication can prevent you from working on other projects. Secondly, with the massive amount of competition, you’re constantly worrying about your competitors and trying to anticipate their moves. This isn’t the mark of a happy business, so unless you can remake the market in your image, you’ll ultimately spend equal amounts of time looking backwards as you do looking forwards.
Links about Niche Marketing:
If you think you can handle this, then go ahead and give it a shot. If you’ve got the dedication (and most importantly, the passion) then you may well end up near the top of the pile. However, there are other avenues to online success, mostly through the use of ultra-specific and specialised niches that can yield massive rewards to those that research them before entering the marketplace. These niches aren’t ultra-competitive like their more general counterparts, and the audience size isn’t as wide, however they can offer massive payouts for those that are smart enough, and dedicated enough, to master their dynamics and market possibilities.

So, which one is for you? The ultra-profitable and hugely time consuming passion project, or the more refined and calculated ultra-niche idea? In the end, most online empires seem to be built on a combination of the two — years of hard work and research in a field that the entrepreneur is passionate about, combined with the calculations and hard data that come with a large amount of research into markets and commercial viability. In the end, this is where you want to be. There’s nothing worse than being involved in something with no idea of where you’re moving and how you’re going to get there, and you can’t ride the market forever. Invest some time into planning what niches your project will excel in, and it’ll pay off big in the long run.

To learn more about Niche Marketing, check out the free Niche Finder report. Feel free to distribute this article in any form as long as you include this resource box. You can also include your affiliate link if you sign up at Clickbank Pirate.

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