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Power of Possibility

By Guest PostApril 11, 2012Culture, Education, Generalactivelon cleaning solutions, aramark, aspiring entrepreneur, Bolivia, business ownership 101, christina estrada, clinton tymes, creative ability, creative thinking, develop, east coast, franchisee, francis kwansa, ghana, hrim, ipads, iPhone, lozelle deluz, mcdonalds franchises, nuts and bolts, orbio technologies, organic natural cleaners, ownership, paul altero, personal computer, power of possibility, sbtdc, Steve Jobs, the caribbean, think the unthinkable, university of delaware

ARAMARK executive, industry experts share entrepreneurial lessons with students

Believe in the power of possibility. “Possibility for success, possibility to impact others, possibility to create jobs and contribute to your communities – the possibility of successful business ownership is real for you,” Christina Estrada told students in a keynote address at the sixth annual Hospitality and Entrepreneurship Summit held recently on the University of Delaware campus in Newark.

For Estrada, global chief diversity officer for ARAMARK, possibility is rooted in an entrepreneurial spirit that sparks creative thinking into diversification.

“As an aspiring entrepreneur you need creative thinking after the big idea,” said Estrada. “You need to understand your industry and know what your customers need that is unique, as well as what they want consistently and that is reliable. As an aspiring entrepreneur, you need to believe in the power of possibility.” (more…)

Lack of Credit Forces Many Small Business Owners to Finance with Personal Assets

*MU researcher says business owners can put their households at financial risk*

COLUMBIA, Mo. – Small businesses are seen as an important part of the American economy. These businesses often rely heavily on loans to stay afloat. The recent economic recession has created a reduction in available credit for many small businesses, making it difficult for many businesses to operate. Tansel Yilmazer, assistant professor in the personal financial planning department in the College of Human Environmental Sciences at the University of Missouri, says that lack of available credit has forced many small business owners to use their household savings or other personal assets to support their businesses, putting their personal assets at risk. (more…)

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Power of Possibility

Lack of Credit Forces Many Small Business Owners to Finance with Personal Assets