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Kuki Ndiho partners with community organizations, schools of all levels, religious and cultural institutions to gather, collect and ship much-needed clothing items to its orphans in Rwanda. Please write us if interested in learning more at Please include photos of yourself or your family to include with the individual clothing items so that we can thank you on our web site and so those to who receive the items will also know. snd

Annual Sneaker Drive

Seventh and eighth grader at the Christian Formation Student at St. Vincent Martyr Catholic Church in MADISON, NEW JERSEY are holding a sneaker drive for Rwandan Orphans through the holiday season. They will be collecting new or gently used sneakers in all sizes now. Please contact teacher Henry Page at EMAIL HERE


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Successful entrepreneurs reach out to mentors with more experience and extensive networks to seek valuable advice. If they don’t have the necessary technical or marketing skills, they find someone who does and delegate these tasks so they can focus on growing the business.

10 Characteristics of Successful Entrepreneurs

By Shobhit Seth | Updated December 15, 2017 — 11:44 AM EST

Read more: 10 Characteristics of Successful Entrepreneurs | Investopedia
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Do you have what it takes to be an entrepreneur? Here are 10 characteristics that set successful entrepreneurs apart:

1. Passion and Motivation

Although there are many traits that make an entrepreneur successful, perhaps the most important are passion and motivation.

  • Is there something you can work on over and over again without getting bored?
  • Is there something that keeps you awake at night because you haven’t finished it yet?
  • Is there something you have built and want to continue to improve upon?
  • Is there something you enjoy so much you want to continue doing it for the rest of your life?

From building and implementing a prototype to pitching your idea to venture capitalists, success is a function of passion and determination.

2. Not Afraid to Take Risks

Entrepreneurs are risk takers, ready to dive deep into a future of uncertainty. But not all risk takers are successful entrepreneurs. What differentiates a successful entrepreneur from the rest in terms of risk? Successful entrepreneurs are willing to risk their time and money on unknowns, but they also keep resources, plans and bandwidth for dealing with “unknown unknowns” in reserve. When evaluating risk, a successful entrepreneur will ask herself, “Is this risk worth the cost of my career, time and money?” And, ”What will I do if this venture doesn’t pay off?”

3. Self-belief, Hard Work and Disciplined Dedication

Entrepreneurs believe in themselves and are confident and dedicated to their project. Their intense focus on and faith in their idea may be misconstrued as stubbornness, but it is this willingness to work hard and defy the odds that make them successful.

4. Adaptable and Flexible

Being passionate and dedicated is important, but being inflexible about client or market needs will lead to failure. Remember, an entrepreneurial venture is not simply about doing what you believe is good, but also making a successful business out of it. Successful entrepreneurs welcome all suggestions for optimization or customization that may enhance their offering and satisfy client and market needs.

5. Product and Market Knowledge

Entrepreneurs know their product inside and out. They also know the market. Most become successful because they create something that didn’t already exist or they significantly improve an existing product after experiencing frustration with the way it worked. Remaining unaware of changing market needs, competitor moves and other external factors can cause even great products to fail.

6. Strong Money Management

It takes time for any entrepreneurial venture to become profitable. Until then, capital is limited and needs to be utilized wisely. Successful entrepreneurs plan for present and future financial obligations and set aside an emergency fund. Even after securing funding or going fully operational, a successful businessperson keeps a complete handle on cashflow, as it is the most important aspect of any business.

7. Effective Planning (Not Over-Planning) Skills

Entrepreneurship is about building a business from scratch while managing limited resources (including time, money and personal relationships), which requires planning. However, trying to plan for everything and having a ready solution in place for all possible issues may prevent you from ever taking the first step. Successful entrepreneurs have a business plan in place, but remain capable of dealing with unforeseen possibilities.

8. The Right Connections

Many people seek comfort in commiseration—friends, colleagues and neighbors are happy to complain about “the global slowdown,” poor demand, or unfair competition—but that won’t improve the bottom line. Successful entrepreneurs reach out to mentors with more experience and extensive networks to seek valuable advice. If they don’t have the necessary technical or marketing skills, they find someone who does and delegate these tasks so they can focus on growing the business.

9. Exit Preparedness

Not every attempt will result in success. The failure rate of entrepreneurial ventures is very high. Sometimes, the best solution is to call it quits and try something new instead of continuing to dump money into a failing business. Many famous entrepreneurs weren’t successful the first time around, but they knew when to cut their losses.

10. Ability to Question Themselves – But Not Too Much

You may ask yourself, am I an entrepreneur? The very question may make you doubt the answer. Even if you don’t have the flair of Steve Jobs or the hair of Elon Musk, if you have the courage to ask yourself intimidating questions—”Can I do this? Do I want to do this?”—you have the stuff to be an entrepreneur.

Do you have what it takes to be an entrepreneur? Instead of worrying about fitting the image, check in with your gut. Is it on board?

(For related reading, see: Is Majoring in Entrepreneurship a Good Idea? Turn Your Passion into a Profitable Side Business Entrepreneurs Make Money: Why, How, Where and When)

Read more: 10 Characteristics of Successful Entrepreneurs | Investopedia
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What is Entrepreneurship?

Entrepreneurship means different things to different people. Some imagine tech geniuses with Silicon Valley startups, while others picture small business owners opening up their shop doors on Main Street. Ultimately, entrepreneurship encompasses these and many other business ventures that share a commitment to turning an idea into a profitable business.

People who are thinking about starting their own business should understand that successful entrepreneurship involves much more than having a great concept, said Elizabeth Amini, CEO and co-founder of Anti-Aging Games LLC, a company that develops online games to train memory and focus, and an adjunct professor at the University of Southern California’s Marshall School of Business.

“Most people think being an entrepreneur is all about coming up with an idea, but that’s just one part,” Amini told Business News Daily. “It’s also important to know, right from the start, how you will reach interested customers in an effective and affordable way.”

“Entrepreneurship is much broader than the creation of a new business venture,” added Bruce Bachenheimer, a clinical professor of management and executive director of the Entrepreneurship Lab at Pace University. “At its core, it is a mind-set — a way of thinking and acting. It is about imagining new ways to solve problems and create value.” [See Related Story: Entrepreneurship Defined: What It Means to Be an Entrepreneur]

Who are entrepreneurs?
There are no specific traits that every entrepreneur shares, but many do possess a few common characteristics. In another Business News Daily article, Jenny Ta, founder and CEO of social commerce platform Sqeeqee, said successful entrepreneurs are typically confident and self-motivated. They are tenacious but understand their own limitations. Instead of following the status quo, entrepreneurs have a healthy disrespect for established rules, and often set out to do things that others may not have the courage to. They are also willing to fail and start over again, taking the lessons they’ve learned to create something new and improved.

MJ Gottlieb, co-founder of consulting firm Hustle Branding and author of “How to Ruin a Business Without Really Trying” (Morgan James Publishing, 2014), said it takes a special kind of person to become a successful entrepreneur.

“An entrepreneur is someone who can take any idea, whether it be a product and/or service, and have the skill set, will and courage to take extreme risk to do whatever it takes to turn that concept into reality and not only bring it to market, but make it a viable product and/or service that people want or need,” Gottlieb said.

Research shows that Americans are increasingly choosing entrepreneurship. A study by Intelligent Office revealed that nearly 65 percent of workers would rather be an entrepreneur or independent employee than work in an office. In addition, data from the Ewing Marion Kauffman Foundation’s Index of Entrepreneurial Activity shows that in 2015, established small business density increased in the U.S., reaching higher than prerecession levels.

Tips for aspiring entrepreneurs
If you’re ready to enter the world of entrepreneurship, here are a few important tips to keep in mind.

Learn from others’ failures. Rather than admiring the small percentage of businesses that grow to become successful, study those that end up failing. Gottlieb said this research will greatly increase your chances of success, because most companies have made common mistakes that have led to their demise. He said that having the humility to learn from the mistakes of others before making them yourself is the secret to success.

Make sure this is what you want. Because entrepreneurship entails so much hard work, it is critical to ensure you’re following the right path, Amini said. “If this is something you really want, then think long-term, and be persistent,” she said. “The vast majority of great entrepreneurs failed multiple times before they finally found the business idea that took off and brought them success.”

Solve problems. Entrepreneurs should always be in search of problems to solve, and not the other way around, said Ajay Bam, a lecturer in entrepreneurship and innovation at the University of California, Berkeley’s Haas School of Business. In other words, “they should not start with a solution looking for a problem,” he said.

Be passionate. Successful entrepreneurs are driven primarily by a need for achievement and the desire to make a meaningful difference, Bachenheimer said. “The most important traits are passion and persistence, but these must not be confused with arrogance and stubbornness,” he said.

Get advice from those who have done it. Amini advised would-be business owners to find mentors who are successful, as well as to read books, network with people they admire and look into great educational programs to help them throughout the process.

- See more at:

Remarks at “Entrepreneurship for Development” General Assembly Thematic Debate

Secretary-General Ban Ki-moon, General Assembly, 26 June 2013

I am pleased to address this important debate.

We meet in the middle of a global jobs crisis that demands a bold response.

This year, some 73 million young people will be unemployed.

An estimated 425 million young women and men will join the labour force between 2016 and 2030. That means the world will need about half a billion jobs by then.

To help meet this challenge, we should encourage, educate and empower young entrepreneurs.

My Envoy on Youth, Ahmad Alhendawi agrees. He says “We need to make a shift from talking about creating jobs for youth to talking about inventing jobs by youth.”

Entrepreneurship can be a part of the solution by transforming unemployed young people into major employers.

Let me give you an example.

Lorna Rutto is a young woman from the Rift Valley in Kenya. It is a beautiful region, but like many people there, Lorna grew up in a slum.

One of the biggest problems was the sewage and waste. There was no garbage collection so the trash just accumulated.

Before she was even a teenager, Lorna saw an opportunity. She melted the plastic into little ornaments that she could sell.

In her twenties, Lorna started a recycling programme. The International Labour Organization helped her shape a business plan. By the time she was 24, she had created 500 jobs.

In the process, Lorna has eliminated over 1 million kilos of waste from the environment and saved more than 250 hectares of forest.

This is how we create the future we want; by finding solutions to sustainable development challenges – solutions that create jobs and spur growth.

Lorna is very impressive. But she is not alone. There are countless other young people with fresh ideas who can help us to unleash change.

We should not waste their potential. And, as Lorna has said, we should see the potential job opportunities in waste.

Ladies and Gentlemen;

Entrepreneurship is about innovating, breaking down barriers, taking risks and showing that new business models can tackle longstanding problems.

Many large companies started in someone’s kitchen or backyard. A number of those companies are now major corporations giving back to communities. Individuals are also making important contributions. Collectively, these entrepreneurs are helping to advance the Millennium Development Goals.

Excellencies, Ladies and Gentlemen,

This generation of youth is the largest in history. If we invest in their education and empowerment, we can transform our world.

Too many young people are caught up in conflicts, languishing in poverty or struggling just to eat. We have to provide them with a peaceful, secure environment where they can cultivate their skills and contribute to society.

Let us do everything possible to nurture young people and open their prospects for the future.

I call on all partners to support youth entrepreneurship, self-employment and youth-led businesses. The United Nations system will do its part. Our Global Compact initiative will continue mobilizing and supporting young entrepreneurs in advancing a more sustainable future.

The UN, the World Bank and the ILO are collaborating on a Youth Employment Network to help young people to start and run their own enterprises.

The UN Capital Development Fund is working with the MasterCard Foundation to establish YouthStart. This initiative aims to increase access to financial services for low-income youth in sub-Saharan Africa. It is helping them make sound financial decisions, build a strong asset base, and create sustainable livelihoods.

Now we must build on this progress.

There are five steps we can take together:

First: Foster an enabling environment for youth entrepreneurshipp.

Second: Build the capacities of local institutions.

Third: Provide career counselling.

Fourth: Facilitate access to finance and youth-friendly financial services.

And fifth: Coach young entrepreneurs beyond the start-up phase, so they can maintain success.

Let us also support cooperatives, micro-credit initiatives and other drivers of entrepreneurship.

I look forward to your ideas to support entrepreneurs to realize our shared vision of a prosperous, safer and more secure world.

Thank you.