Famous Scottish Entrepreneurs

Invention and entrepreneurship are concepts that are synonymous with Scotland. Scotland has a long standing tradition of producing world renowned inventors and entrepreneurs. The invention of the steam engine, television and penicillin can all be attributed to Scottish inventors and in this article I would like to highlight some of the most famous Scottish entrepreneurs of recent years.

Arnold Clark

Sir Arnold Clark grew up in Glasgow and joined the RAF in 1944, aged 17. He rose quickly through the ranks eventually becoming a Corporal and a Motor Mechanics Instructor. Upon leaving the RAF, Clark began buying and selling cars, and opened his first showroom in 1954 in Glasgows Park Road. Arnold Clark Automobiles is now the largest car dealership in Scotland, with over 145 car dealerships throughout the UK.

Michelle Mone

Michelle Mone OBE is the co-owner of MJM International and creator of Ultimo. She grew up in Glasgow and began her corporate career with Labatt Brewers. She rose quickly through the company and was running the Sales and Marketing department by the time she was 20. In 1996, came up with the idea to create Ultimo after wearing an uncomfortable bra to a dinner dance. Today Ultimo is one of the UKs leading designer lingerie brands.

Sir David Murray

Sir David Murray was born in Ayr in 1954 and educated at Ayr Academy, Fettes College and Broughton high School. By the age of 23 Murray had set up the metal company, Murray International Metals Limited. The Murray Group has expanded to include a wide range of industries including property, call centres, venture capital and mining.

Sir Brian Souter

Sir Brian Souter is another famous Scottish entrepreneur. Sir Brian Souter started his working life as student bus conductor while studying at University. Upon finishing University, Sir Brian Souter began working with Arthur Andersen, a leading chartered accountancy firm. In 1980, using his fathers redundancy money, Sir Brian Souter established Stagecoach Group with his sister. Thirty years later Stagecoach is one the largest transport companies in the world with 13,000 buses, coaches, trains and trams, employing over 30,000 employees worldwide. Sir Brian Souter also founded Souter Investments and the Souter Charitable Trust.

Entrepreneur Focus Is Your Key To Success

The strength of your entrepreneur focus will determine your success. Do you have a mental picture of what you want to reach? Are you set to do what it takes to achieve it?

The key to success is to start building an entrepreneur mind-set and develop the qualities that lead to entrepreneur success.

Drive and determination. Do you possess the necessary drive and determination? Do you normally push yourself forward until you have accomplished whatever you set out to do? Or do you need constant motivating?

If you know that you need to constantly motivate yourself then you need to find ways to do that on a daily basis. Time is too precious yet most people wait for another time before they achieve something, become a today person and set out your daily lists of action plans that you must complete that day. Spend a few minutes in the morning and picture your end goal, picture having the success that you are working for, and understand what you need to do today to become closer to your goals.

Belief. Do you believe that you will accomplish your goals? Or does your belief stray on a daily basis? We all live to our beliefs, whether they are empowering ones or negative ones. We become what we believe we are, and we live our lives according to our beliefs. By strengthening your core beliefs you will set yourself on a more positive course. Assess your beliefs and start to believe in yourself more. If you do not believe in yourself how can you expect someone else to believe in you? Focus your mind on positve thoughts and build your self-confidence. We build self-confidence by actually doing something that is in line with our beliefs. By knowing that your goals are in line with your beliefs and by taking constant daily action for their attainment you will automatically build your self-confidence.

Entrepreneur focus is building on your ambition, creating more drive and determination and moving your life forwards in line with your beliefs.

Starting an online business is just part of the story, you have to work on yourself so that you will be the person you need to be to be an entrepreneur success. Work on your personal goals, build your vision and every day move closer to the realisation of your goals. When you invest time and money in a new business you have to invest in yourself at the same time.

Entrepreneur Facilitation Center & Development(EFC INDIA), Co-Working Space in Pune,Shared Office S

Entrepreneur Facilitation Center & Development “This Incubation Park suits to IT / ITES /SERVICES SECTOR Technology Based startup, service concept based startup and any other concept / idea which required an office space to start and run the day to day operation”. We at EFC India, support the young budding entrepreneur with complete guidance on their idea or business plan, provide them with all necessary required things like office space, equipments , office, machines & fixture, manpower hunting , sanctioning loan , legal documentations etc. every bit of thing required to start their own business. EFC India is an Entrepreneur Park, where the ideas get converted into reality and fruitful business. We with our team of experts transfer knowledge and skills, help you with all new technology and market support , provide complete training on modernization and expansion of business to enhance the quality and productivity of your business. All you need generate a great idea of business and we help you shape it into reality! -WHAT WE PROVIDE-

You can send your business plan to

You business plan should not be more than 7 – 10 pages and should crisply cover the following aspects –

1. Introduction of you , your team & business that you want to start. 2.Your Target Customer Your Business Plan & Projection – business model innovation that differentiates you Your revenue model / Earnings – how will you make money, pricing etc. 3.Sales and Marketing Strategy – how do you plan to spread the word around about your solution, how would you sell it? 4. Management Team – Who are the main team members and advisors. 5. Financial projections – What are your cash-flow projections – expenses and revenues? How much money do you need to raise as investment? 6. When would you start breaking even operationally? Approx. Amount of Investment requirement ? 7. Team size / No. of people you will hire.

send your business plan to

Entrepreneur or Employee

Are you an employee who is thinking about a leap? If you are an employee then you might want to start your own business and become an entrepreneur. We all want to have our own business so that we can be our own boss.

But the first and foremost thing that you need to find out before making the leap is whether you are ready for being an entrepreneur. Do you have the qualities that are required to be a successful owner of a business? Do you have any idea about what it takes to start your own business?

You need to find out the answers to these questions before you take the final decision. If you have the qualities and the characteristics to own and manage a company then you can surely think of starting a business on your own.

But if you do not have these qualities then it is better to be an employee rather than the owner till you are capable of gaining thee qualities. The first thing that you need to have to become an entrepreneur is passion.

Successful owners know what they actually want and they have the enough guts to follow the dream they cherish. Before you start the venture it is very much important to test your passion. The next quality that is important is the unwavering nature.

The person must have complete belief in him. He must make sure that nothing in this world can dispel the belief. Self motivation is the next essential quality that a successful entrepreneur needs to have. He will not need anybody or anything else to motivate him for the job.

The other thing that you need to keep in mind is that you need to win at any cost. People who want to become the owners must never learn to lose. Entrepreneurs are those people who take risks. They usually act impulsively; they do whatever they feel in right at the moment.

Other than this, another good quality that these people need to have is being outgoing. They need to make things happen anyhow. You need to be a good leader because if you are a great leader people will hear you.

You need to have command over your team. Creativity is the other essential quality of an owner. It is very important to find out creative solutions so that you can solve any kind of business problems with ease.

This will help you become more successful over the years. Personal sacrifices are also necessary to become successful as an entrepreneur. So you need to find out whether you have these qualities in you if you are interested in owning a business and becoming your own boss.

Role of Management Education in Shaping Future Managers and Entrepreneurs

When we talk of management education, we are basically referring to shaping up the students, aimed towards developing their competency and capability either as a manager fit to join an organization and help it to grow or as entrepreneur, to establish and grow ones own business. This capability does not come from possessing a management diploma or degree, but also requires developing in the students the will and skill to contribute for self sustenance and nation building. Presently it is seen, that there is a wide gap existing between the type of management education imparted in MBA colleges and what is there in real life management in business organizations. In order to make management education more realistic and useful for the industry, certain key areas need to be identified. These could be:-

(a)Benchmarking quality management education to create an enduring quality managers and entrepreneurs.
(b)Bring in professionalism in management education.
(c)Adequacy of qualified and competent faculty members, proper infrastructure, support facilities and regular updating of curriculum.

Benchmarking Quality Management Education

Benchmarking with the top management colleges inspires an institute to produce quality managers. Management education needs to include knowledge, skills and abilities (KSA) that are needed today and that will be needed tomorrow by the industry. The mission of management education should be to become innovative and creative. The objectives of benchmarking should be to:-
Make own students employable in industry.
Moving the institute from academic mode to corporate mode. To achieve these objectives the agenda should be:- (a) To identify the industry expectations of the skill sets required of students. (b)To identify the areas of Total Quality Management (TQM) in management education. (c) To identify the changes required in teachers imparting management education.

Professionalism in MBA/PGDM Education

There are many reasons for the wide differences in the quality of management education in different institutes in India. The main reason is the absence of a body that can ensure that the standards set are practiced and retained by all management institutes, like AACSB in USA. We do have an apex body the All India Council for Technical Education (AICTE), that is responsible for setting the basic framework, guidelines and standards for quality of business education, there are however many problems when it comes implementation of these standard by MBA colleges and institutes and these problems undermine the effectiveness of these standards. In order install quality in management education in India, the AICTE and MBA colleges / universities in the country should focus on the following issues:-
Quality of faculty.
Infrastructure development.
Accountability of management institutes.
Values and ethics.
Role of professional bodies (AIMA, ISTD, etc).

The Entrepreneur

The world is awash with entreprenuers and we have noticed that 9 to 5 kind of jobs is not the route to financial freedom. You can do a 9 to 5 kind of job, retire honouably but i promise you your financial base is nothing compared to the that of an entrepreneur who ventured to start something something for themselves.

Entrepreneurship is a systematic approach used to identify, bring to life and nourish to fruition of an ideal or oppournity. Entrepreneurs perceive potentials and build on them by directing his or her resources to achieve pre-determined goals. The human resource is of importance because it is in born in all. It manifest as talents and deep seated aspirations. The material resource is secondary.

The featuers of Entrepreneurs are numerous but lefts nose dive into it. Entrepreneurs have a high level of business consciousness. They can discern between assets and liabilities. They can see business potentials when they get close to one. Their eyes and mind can see potentials even when clothed in failures. In addition, they are ready ti indulge in moderate calculated risks because they do a through base line study of their potential business ideal. These base line studies give them a clear picture if the target market, the dos and don’ts the requirements and the legal impediments.They make sound business judgement before they dive into any business venture.

Entrepreneurs are dynamic and hard working. They do not dive into business because it is in vogue or it has made their next door friend millionaires. They nourish their idea with creative innovations thus making it unique. They have superb abilities in allocating time, resources and task.

Remember, Entrepreneurs do not dive into business ventures. Like I said above, the world is awash with entrepreneurs. Subsequently, study yourself before you throw in yor material into any venture if not you would close shop few months after.

In conclusion, engage professional to do the base line studies and visit a solicitor and you would know the legal angel of your proposed business venture.

Advantages And Disadvantages Of Becoming An Entrepreneur

Modern world is full of temptations and other entertainments that cost much. It became a tradition that children want to become businessmen or entrepreneurs. The dreams of becoming a spacemen do not bother children any more. The desire to have everything and to be able to afford different things make children think about more profitable occupations. Some students, when grow up, change their minds and think about something more realistic, the others still continue dreaming of becoming entrepreneurs. The article is going to represent some advantages and disadvantage connected to the profession. Use arguments to support your choice.

Advantages of becoming an entrepreneur

1.Those who decided to become entrepreneurs are sure to enjoy the whole process, from the very beginning of their business till the highest level of its development. The prediction of risks and their successful elimination is a real delight.

2.The entrepreneurs salary directly depends on his/her intentions. If one wants to get more this month, he/she should work harder.

3.The working schedule of entrepreneurs is flexible. They may easily take a day off in the middle of the week without the moral pressure of being fired. Still, the consequences of such action should be considered beforehand.

Disadvantages of becoming an entrepreneur

1.The entrepreneur does not have a regular salary. The income may be considerable this month, but it may be too low another one. It is impossible to calculate some unpredicted costs.

2.The flexible working schedule is also a disadvantage. The necessity to work till night may be rather stressing.

3.Entrepreneurs are personally charged with the consequences of their actions. One wrong step and the whole business may be ruined.

It is exciting to be an important person in business, to have personal company and run it. Still, there are some cases when this independence may cost too much.

Discover the Resources Especially Created for a Woman Entrepreneur

Did you know there is a whole list of resources specifically created for women who want to start their own business? This means there is available help for anyone wanting to open a bakery, clothing store, or even a veterinarian office. Resources can be things such as mentors, women’s business organizations, loans, and grants. These have all been created to help a woman entrepreneur become successful in a sometimes difficult business world.

This means you need to have all of your business plans nailed down, especially before looking for financial help. The loan officer at the bank will want to know how money will be made, materials purchased, and how advertising will take place. They want you to succeed, but at the same time, they won’t loan money to just anyone – male or female.

At the beginning, if you are struggling to get your business off the ground, look for a business mentor who can go over your notes. They can tweak parts and provide suggestions, especially since they have already been in your place. Another suggestion is to apply for loans and grants especially designed to help a woman entrepreneur succeed in the business world.

There are several places where you can apply for loans and grants. One is the Small Business Association, as they often provide help to any business that has considerable potential. This means going through their list of funding opportunities and applying for the appropriate loans. There are also federal grants, specifically created to help a minority-owned company, which includes women. There are also women grants available.

Other options available for a woman entrepreneur is funding through private sector grants and loans or women’s business organizations. Make sure to research which opportunities fit your need the most. Then start making your dreams come true.

Want to know more about woman entrepreneur? Find insight, inspiration, and tips on how to make money doing what you love at this blog: womanzworld.com

A Famous Female Entrepreneur Who Made a Difference

One of the best female business owners in the history of the united states is Mary Kay Ash. She’s got a foundation which was put in place to help end cancer and physical violence against women. The foundation is run on donations and aims to coach women while struggling with cancers like ovarian cancer, endometrial cancer, and breast cancer.

Some of the prizes that she won include things like being called one of the most influential of business leaders in the past 25 years by Wharton School of Business and PBS in 2004. She was given the Women’s Advocacy Award by the legal services firm in North Texas and a book feature in 2001. In 1999, she was profiled by Forbes within their great business stories feature.

There’s lots of people in the heritage of the usa that did great things for the people while setting a great example. Mary Kay Ash was one of those people. She was able to earn multi-billion dollar success while ensuring to give to the city. In reality, she was noted for her unwavering ideals, belief in women, and her generous heart.

She kicked the bucket in 2001, but her heritage endures through her foundations created to fight cancers and violence towards women. Some of the most frequent kinds of cancer that impact women are breast cancer, which one in eight is going to be diagnosed with, endometrial cancer, which one in 40 gets, and ovarian cancer, which one in 72 gets.

Cancer is something that affects both men and women and cash that’s given to that purpose is cash wisely spent. There are lots of different foundations for doing this, and one of which is the Mary Kay Foundation. It was started in 1996 and seeks to assist women that are inflicted by physical violence or cancer.

Most are familiar with her makeup line, giving people the chance to be entrepreneurs or just earn extra money on the side. Of course, it’s not only for those that want to begin a business. They make superb high quality makeup and beauty items which have stood the test of time for a reason.

If you are someone that has long been enthusiastic about beginning your own business and you have no idea where to begin, you should consider looking into Mary Kay products. They supply top quality beauty and makeup supplies that women revel in using. They even design skin care and sun care products for men too.

You’ll find reasons why selling makeup is a secure type of business to start. The main is the fact that there will always be a need for it. Women will usually want to look and feel beautiful, and they love having large amounts of beauty products to do that with. So if you are someone that enjoys speaking with people and can manage your time well, it might be a good way to go.

Wealth Attraction For Entrepreneurs Dan Kennedys Wealth Creation Strategies

Whether youre drowning in a mountain of student debt or buried under the weight of an empty retirement fund, you know its time for a change in your life. You may have already tried the popular law of attraction books that convince readers that shiny, happy thoughts are the only way to manifest wealth. If they havent worked for you, consider learning from abundance creation experts, such as the Dan Kennedy wealth attraction series. This series is truly exceptional material in its category and is well worth checking out. I promise you, it will be worth your time.

It doesnt matter if youre already a self-made entrepreneur or a regular Joe struggling to get by, No B.S. Wealth Attraction for Entrepreneurs can become an essential part of any wealth creation library. How can you use his techniques if youre not a business owner? Dan Kennedys wealth attraction books and seminars break abundance attraction strategies down into easy-to-follow steps that translate into real-world strategies. That is the beauty of this material. It is no-nonsense and easy to understand and follow. Even a newbie can take the steps outlined in Kennedys curriculum.

If youre looking for No B.S. Wealth Attraction tips and guidelines, here are the 3 places to find them:

1. Books
Kennedys No B.S. Wealth Attraction for Entrepreneurs, for many readers, has become as close to a bible as the business world can get. He presents his wealth attraction expertise in the form of dozens of tips that anyone can useno M.B.A. required.

2. Seminars
Wealth Attraction for Entrepreneurs seminar is another way Kennedy gives practical wealth-building advice. These seminars, famous for their star-studded speakers and jam-packed info sessions, are not cheap. But it is an investment, and if you use the information correctly, you increase the potential to build your bank account. Youll need to ask yourself, What is earning my first million dollars worth?

3. Members Only Website
Dan Kennedy wealth attraction advice isnt limited to his No B.S. Wealth Attraction series or his renowned seminars. He has also helped to build one of the most respected money attraction websites in the business world. The site, which does charge membership fee for different levels of information, is filled with business resources, web seminars, and access to wealth attraction groups in your area.

Its true that the Wealth Attraction for Entrepreneurs series isnt for everyonesome arent ready to hear his pulls-no-punches style. For those who are ready to start building the kind of wealthy lifestyle they deserve, however, its an investment worth considering.
Remember, too, that wealth attraction for entrepreneursor any other money attraction programdoesnt work through osmosis. Building wealth beyond your wildest dreams takes some leg work. But if youre willing to invest your time youll soon find yourself enjoying a 3-week cruise or buying season tickets for your favorite football team.