08 Sep, 2017

Top Entrepreneur Ideas 2011

top entrepreneur ideas 2011 With 2010 coming to a close, we look ahead to what we can expect and should plan for top entrepreneur ideas 2011. Here is my list of the top ten trends founders, CEOs, and entrepreneurs of start-up, emerging, and medium-sized businesses should consider as they prepare for the New Year. 1. The recession will not end, regardless what anyone says - There are just too many issues that still need resolution before this economy can rebound, like the write-down of ALL of the bad assets on the books of the financial institutions. The fact that they are still not lending much to existing or new customers should be a sign that they know they still have a lot to lose before they can begin to gain again. In addition, the new business models that are emerging in this recession are leaner and meaner than we have seen in a long time, meaning they aren't going to help unemployment any time soon. The effects of this recession could last quite a while. 2. Bootstrapping will be king!- Usually you will hear me say that cash is king. In top entrepreneur ideas 2011 the entrepreneurs that have learned to boot-strap will be king. Many of their competitors have gone out of business or are in some sort of a death spiral. Those who made changes early and are continuing to adapt to the changing economic market are going to win. 3. Solving lots of customers' needs will raise capital- If you are starting a business and your whole focus is on raising capital, you will not get any top entrepreneur ideas 2011. If, on the other hand, your focus is on getting and satisfying customers with a great product or service, then you have a much better chance to get the money you need Ben Peterson, a successful entrepreneur and angel investor, identified one of the major sources of this problem.. 4. Business Lending requirements will increase - It got a lot tougher to borrow money in 2009, and it will continue to become more difficult in terms of requirements and complexity. For example, a business just obtained a small $125,000 line of credit and the legal documents the bank sent to their customer were over 150-pages in length. 5. The cloud will continue to gain a share of all things computer- We are seeing more and more companies abandon traditional software and convert their operations to the cloud. This is a great trend for entrepreneurs who can accomplish just as much as big businesses for a lot less expensive cloud-driven solutions.