All great inventions started with a simple idea, a problem that you have a solution for. Most people have had one of these ideas in their life, but few have ensured that they come into fruition. Funding is the fundamental problem for most prospective young entrepreneurs. As in most things there is a way for those who know where to look. Bright Ideas is currently offering assistance to those people with ideas. So if you have an idea and are searching for a grant Bright Ideas may be a good starting and possibly finishing point for you. Below is an excerpt and link from their website.
“Different departments of government have special provisions to provide grants for those who are willing to show their innovative, scientific and creative spree that would create an everlasting impact on the generations to come and would emerge as the most useful product for the whole humanity for e.g. U.S. Department of Energy I&I supports with grants to all small businessmen who promise to adopt in their work area energy saving concepts and technologies. Those technological devices, inventories and machines using very limited energy are entitled for the Grant of I&I.”
Bright Ideas
Tags: grant entrepreneur, grant for invent, invention grants
Who ever said you couldn’t reach for your dreams at any age was sadly mistaken, at least in Michael Turner’s case. He Just happens to be a finalist for a England based entrepreneur contest. While he didn’t win, Michael is smart enough to recognize the value of getting this far. He himself stated that “I did meet a number of influential business people and have already gained business from being a part of the tough judging process”.
Now, you might be asking yourself why this Michael is so important. Well, it isn’t his computer company that is a big deal, its the fact that he is only 17, and runs a very profitable business. Still, even though its a good business, i bet that his parents didn’t age with him quitting school one year ago to run a company. Still, now i bet that they are pretty happy now.
Tags: 17 Years old, entrepreneur, Finals, London, Michael Turner
Here is a thought, what if you are a celebrity in the big apple and want to get something to eat, but you don’t want the paparazzi after you when you eat. Well, it looks like you are already covered if you happen to live in New York.
Uo, a sushi bar in Manhattan is really a place with no windows. A hole in the wall accurately describes this place yet the food is unbelievable. According to the owner, business is way up. Though he isn’t tending to the stars that gave him his idea to began with, no, the middle class seem to always fill up the place. The owner isn’t complaining, in fact his idea is catching on else where as well. I guess this shows how anything can become a good idea.
Tags: Bar, Cool Idea, entrepreneur, Hole in the war, Money, Secret, Sushi
Ideas are often thrown around with friends or colleagues all the time and sometimes are reinforced by investors and become a successful business when the person has the drive and persistence for the challenge of being an entrepreneur. Businesses that come from great ideas take time and most of the time a small fortune to start and keep the idea going and growing into a larger business. For instance a close friend of mine was an aspiring entrepreneur, he just lacked the persistence that someone like myself has to keep the idea constantly growing. He came up with the idea to deliver food from restaurants and grocery stores that did not offer this to the public. It was a great idea and thrived for a few years and him and his silent partner (the investor) at the time were even offered a chance to expand to other cities in Florida with this need, however because they lost interest they turned this enormous opportunity down. They weren’t in it for the money, not because they had a ton of it but because they were just searching for their niche in life and a job that didn’t feel like work for them. Which essentially is, in my eyes the biggest reason to turn an idea into a real business. If you find something you love to do and can make money at it you will never work a day in your life and you will still be able to make money. In order to make your ideas become positive numbers in your bank account, you have to tenacious, persistent, and have the ability to hear no and keep pushing on.
Tags: modern entrepreneur, persistence
Introduced into the market last spring, the redesigned Umbrella would have taken much innovative thinking. For those of you who live in terribly rainy and windy conditions even through just part of the year, you know how terrible it is when your traditional umbrella bends backwards and breaks on you. Or when the wind and rain are so crazy, that it flies in all directions and around your umbrella, so it is not really doing you any good. The inventor, Alan Kaufman states “I never planned on inventing a product I just noticed a problem and came up with a solution.” This hands free design will allow you to talk on your cell phone and get to your destination more quickly, as it’s round design repels the wind more easily. So is the Nubrella for you? Take a LOOK and see for yourself.
References
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Tags: entrepreneur, invention, new, Nubrella, umbrellas
Greensulate is the name of this insulation substitute. Back in 2007, the founders Eben Bayer and Gavin McIntyre met as Mechanical-Engineering students attending Rensselaer Polytechnic Institute. They have come up with a low-cost, biomaterial that is looking very promising to replace the currently environmentally harmful styrofoams and plastics used in walls today. What makes this earthy technology so much different is the fact that it is grown, not created by chemicals and using up a lot of energy. It is very low maintenance as well, being able to grow at room temperature, in the dark, doesn’t require expensive manufacturing equipment, and can be tailored to different levels of strength and flexibility. “We like to call it low-tech biotech,” Bayer says.
They were given $16,000 in ’07 to fund their project they had labeled ‘Ecovative Design,’ and it proved to be worth it times about 45 what they received, as a year later they too home a $700,000 dollar prize from the PICNIC Green Challenge in Amsterdam. They are currently working on their first project of replacing the insulation in a Vermont school gym. Bayer and McIntyre are expecting to have completed all industrial certification and testing by the end of the year and have enlisted Jeff Brooks of the Timberline Panel Company to advise them on meeting American Society for Testing and Materials standards for building insulation. “If they get to the point where I think they’ll get,” he says, “there’s a chance there would be no reason to use conventional foam products.”
References
1. Info
2. ecovativedesign.com/greensulate/
3. Picture
Tags: environmentally friendly, Greensulation, insulation substitute, mushrooms
Becoming a Successful Entrepreneur is just like a card game, possessing the right cards will assure you the win. When it comes to your success having the right qualities or the proper tools will guarantee your success.
There are certain qualities that Successful Entrepreneurs have been dealt, that makes them winners in the game of business. If you want to be successful too, you should try to trump every move they make.
10 Traits of a Successful Entrepreneur
- Persistence Persistence is what keeps you motivated when things aren’t going the way.
- Confidence Self-confidence is an essential trait in an Entrepreneur because you’re regularly called upon to perform tasks and make decisions that require great amounts of faith in yourself.
- Vision Entrepreneurs have a vision of what the future could be like for them and their businesses.
- Action You need the ability to execute and turn an idea into reality.
- Dedication Entrepreneurs must love what they do. It is that love that drives them and gives them the energy to be totally dedicated when the going gets tough.
- Faith Successful Entrepreneurs will have to have to demonstrate faith in their ideas. They have had to take a leap of faith in their venture at some point to avoid defeat.
- Integrity Being a Successful Entrepreneur is a long term game, it pays to live your life by strong principles and not to compromise these in order to achieve your goals
- Adaptability A truly Successful Entrepreneur are receptive to change. They are totally flexible in the achievement of their goals.
- Courage Successful Entrepreneurs need to be able to face their fears and take action.
- Communication Excellent communication skills are critical in enabling you to interact well with people of varying personalities. You will need to communicate yourself out of the many roadblocks you will meet along the way.
Make sure your holding all of the trump cards or the qualities to become a Successful Entrepreneur.
References
Tags: 10, become, cards, How to be a Successful Entrepreneur, know how, qualities, Successful Entrepreneurs, tips, traits, trump
Troy Smith is responsible for one of the fastest growing, and most beloved, fast food franchises in America. Troy started his first drive-in fast food restaurant in 1953. It was called Top Hat and was successful enough to spawn more locations in the surrounding areas. After partnering with Charlie Pappe to help shoulder finances he started perfecting the formula for the franchise as you know it today. Covered parking for all weather operation, streamlined stand alone kitchens, angled parking, and the famous roller blading attendants are just some of the things he perfected for his business.
Arguably the most important aspect of Sonic, it’s name, came from the borrowed idea of ordering via speakerphone from your parked car. The slogan for Sonic at one point was even “Service With The Speed Of Sound”. Troy Smith then began selling the Sonic franchises across the country throughout the 60′s. Bob Blackburn, executive director of the Oklahoma Historical Society and the author of ‘A History of Sonic’, said
“After he changed the name from Top Hat to Sonic, he was actually excited to save money on a single letter of the neon sign, He said if you can shave a little profit off each penny, you can live off those corners.”
And the rest is, as they say, history. According to Technomic Inc., Sonic was the 12th largest restaurant in 2008 and had 3.8 billion dollars in sales with 3,600 outlets in 42 states. Smith passed at the old age of 87 on Monday, October 26th. He still ushered the company forward in business decisions and acted as an advisor, even appearing in a video on Sonic’s web site just a few weeks ago. His truly innovative mind will be missed.
References
Tags: Bob Blackburn, Charlie Pappe, entrepreneur, founder, Top Hat, Troy Smith
Somewhere in the northern lands on Canada, two young women are getting the change of a life time. Mallory MacDonald and Meggan Colpitts are two of 25 finalists in Canada’s youth entrepreneur contest supported by The Canadian Youth Business Foundation. This special contest that is just for aspiring businesses will award a top prize of 100,000 $ in start up and construction. This will help someones dreams come true.
This is where Meggan and Mallory come in. Both of these young women submitted business ideas that have grown greatly in popularity. Most importantly though, both really want that grand prize. With times like that are now, many cannot afford to start there own business. But this way, they might be able to.
The Foundation will select the winner that they felt provided the best Plain to grow and expand their business. But not only do the two girls hope to win for the money, htey both know that winning would bring more money and jobs in there areas. So maybe this contet will help more people than just one.
Tags: Canada, Contest, entrepreneur, Help, Women, Youth
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