Entrepreneurial & Success Tips from Greg Norman

I was doing some reading over the weekend and thought I would share with you some key learnings from the awesome Greg Norman – highly successful sportsman and business person:

“Some of the principles and values that define Greg Norman
1. Dreams are the blueprints of reality
2. Find a better way, but don’t take short cuts
3. Always tell the truth
4. Separate yourself from the crowd
5. Control your emotions
6. Get anger out of your system as soon as possible
7. Set high standards. They will drive you to achieve.
8. DIN and DIP (Do it now. Do it properly)
9. You are judged by the company you keep.
10. Learn the value of preparation”

I especially like Number 1 and 8 ! Which ones do you like?

JOIN THE FRANK TEAM

The FRANK Team is currently recruiting for a Project Manager to run four national programs for us. Interested? Email Karen Miles (Director) for the job description. karen@frankteam.com.au

IGNITE enewsletter

We just got an email through from a FRANK fan about our enewsletter IGNITE!

Hi Anna
Just wanted to say a huge thanks and a big shout out to all of the FRANK team - just moved to a new place and feeling a little out of place but after reading the latest edition of your magazine I have found tons of stuff to get involved in and already started meeting new people.
Mine is only one small story, I am sure you guys have no idea of how make of an impact your magazine actually makes on people's lives.
Keep up the good work, you are an inspiration to the rest of us!
Sarah-Jane

Our IGNITE enewsletter comes out monthly, is free to subscribe to, and is packed with great opporutnities for young people to get involved with. So if you are not subscribed to IGNITE at all, you can do that at http://www.frankteam.com.au/ignite/

7 Things Successful Small Businesses Do Online

FREE Whitepaper for Young Entrepreneur Readers

"7 Things Successful Small Businesses Do Online"

So you have got a website, but you know that is not enough these days, right?! So what should you be incorporating into your website to make it into a powerful marketing tool for your business?
Learn from some highly successful small businesses and see what they are doing. Attached is an article written by Fred Schebesta who is the ADMA Young Direct Marketer of the Year and all-round internet guru. Download and learn, learn, learn and then do, do, do!

Help To Shape A New Youth Health Service

This great opportunity has just been sent through to us from one of our facilitators - get involved!

Do you have an opinion about being a teen and dealing with your own or your friends' health concerns? Whether its depression, drugs & alcohol, sexuality or relationships, that you have questions about, we want to hear from you.

Family Drug Support is establishing a youth specific health website to address the health issues you and your friends may encounter and we need your help to navigate us to make sure we get the message right. This project is a fresh start and we will be requesting your feedback on images, messaging, and language, even what the website will be named!

We’re looking to conduct focus groups in the following areas in the month of January:

§ Campbelltown

§ Cherrybrook

§ Kogarah/St George

§ Parramatta

§ Illawarra region

§ Newcastle region

Once that’s done you can join our youth steering committee. It would probably mean a few meetings at a central location, eg. Youth centre or a PCYC, until April and lots of email communication in between, so you need to have regular access to a computer outside school hours. It will require some commitment but would look great on your resume as you pad it with some great experience and develop life and leadership skills that will set you apart from others!

If you're interested, or have friends who may be, and are between the ages of 11 and 25, contact Deborah Silva Project Manager at deborahsilva@optusnet.com.au or call 0423 157-332 for more info or to sign up for a focus group. I will be sure to have food at every meeting, ‘cause I know it works like a charm.

Young Entrepreneurs On The Rise

I have just come across a very interesting article that is showing the rise in young entrepreneurs in the US. http://www.usatoday.com/money/smallbusiness/2006-12-06-gen-next-entrepreneurs_x.htm
The stats for Australia, which were done back in 2003, show that there is about 50,000 young Australians between 15 - 24 currently running their own business. The US is at about 370,000!
For me the fact that more and more young people around the world are doing it for themselves is fantastic and inspiring. If only I had known about all of this when I was just starting out as a 19 year old!! But that is why we are here now, The FRANK Team to make sure more young australians are encouraged to consider starting their own business!

Make 2007 The Year You Started Your Own Business!

Make 2007 the year you started your OWN business. Turn those ideas that are buzzing around in your head into reality. Join the other thousands of young entrepreneurs out there taking charge of their careers and making it happen in the world of business.

TOP 5 TIPS FOR YOUNG ENTREPRENEURS JUST STARTING OUT

1. BE EXCITED & interested in your business idea

It takes a lot of hard work to make your idea happen so you want to make sure you really enjoy it, whether it is food, computers, helping people, service etc, and your excitement attracts people too! Being excited and energetic comes easy to young people, so use that to your advantage.

2. GET YOUR IDEAS ON PAPER

This will help you get structure to your idea, plan things out, you can show others and it will show you where to start. Keep it simple.

3. DO SOME RESEARCH

It doesn’t need to be too much, just enough to get you started. Research costs, prices to charge, what competitors are doing, what customers want, legalities etc

4. START SMALL

Just build yourself 1 customer at a time, this way you don’t need much money to start with at all. Just make a small profit each time so that you can keep going, and get a little better next time.

5. JUST GIVE IT A GO!

Easiest thing to do is to have a great idea, the hardest thing to do is to actually give it a go and do something about it, and by giving it a go you will learn a lot about yourself and money. So just get started, NOW!

TOP 5 PITFALLS TO WATCH OUT FOR YOUNG ENTREPRENUERS JUST STARTING OUT
There is no such thing as a mistake, just mis-takes! So learn from them and keep going. But watch out for:

1. MANAGE YOUR TIME

You still have to do your homework, sport and chores so manage your time to fit it all in. Use timetables and checklists.

2. DON’T BREAK THE LAW

Do your research, ask around and make sure you don’t do something really wrong! There is still a lot of room for your awesome ideas, within the law!

3. GET THINGS IN WRITING

Any agreements you make with friends, family, customers, suppliers etc you should get in writing, contracts, quotes, prices, what you will deliver etc, to protect yourself and others

4. CAREFULLY MANAGE YOUR MONEY

You have worked hard to make it, so look after it! It is very easy to just go out and blow it all on yourself, but then how will your business have its doors open tomorrow for you to make more money?? So put aside money for bills and costs before you pay yourself, avoid debt early on, and regularly check your cashflow and where your money is coming from. Also shop around for the best bank account so that all your hard earned dosh is not being taken in charges!

5. DON’T STOP IF YOU FAIL

Failure is not a bad thing – ask any successful young person in business and they will tell you that failure and mistakes is what got them to where they are now! Work out why it didn’t work, how it can be improved, learn and then try again.

TOP EASY BIZ IDEAS
• Start and run an ebay business
• Teaching adults about new technology: ipods, blogs, podcasting, myspace
• Setting up computer networks in homes: those who have multiple computers, link them all up
• Design websites for local community groups
• Party planning
• Tutoring
• Dog walking