Do you need to have a degree in business studies to become an entrepreneur?

With worldwide University attendance rates at their highest ever (though watch this space to see how the increased fees will affect UK students), it’s commonly believed that you can’t get anywhere in life without that little piece of paper that says you spent four years or more attending lectures, and sitting exams at the end.

 

But research shows that most students remember almost nothing of what they learned at school or university. So is it worth going to university if you want to make it big in business?

The answer is that while university will be very helpful as a character building experience and to make friends that will last a lifetime, there are many examples of people who dropped out of college, had terrible reviews from their teachers and lecturers and turned out to be some of the most successful business people and entrepreneurs of our time – these include Richard Branson and Bill Gates.

So, there’s nothing wrong with qualifications, and getting an education is no bad thing, but a degree in business studies does not a good business person make, and it’s very possible to strike it rich without a university degree.

Click here to visit the Chelsea Singh Investment website.

Industries of the future

Entrepreneurs are constantly thinking about the future and modern society is moving and developing faster than our human ancestors of the past could have ever imagined.

So what are the industries that show the most promise for transforming how the future looks?

Bioengineered renewable fuels

 

Energy is the word on everyone’s lips. We all know that the fossil fuels aren’t going to last forever, and renewable sources such as wind solar and geo-thermal and being developed, but not yet fast enough. There have been some complications to bio-fuel development – notably the impact on the food market, but algae and other bioforms seem like a good alternative if and when they can be developed efficiently in the future.

Medical advances

Spray on artificial skin for burn victims is already a reality – now it just has to pass all the safety regulations and it will change the lives of those with fire and other skin damage. Personalisation is the keyword for the future of medicines, with our personal physical make-ups being closely analysed and noted and medicines and therapies being tailor-made to suit our specific individual requirements.

Robots

Humans have been obsessed with robots for many decades, even centuries, and we’re now bringing the field of robotics into a phase that we can recognise from sci-fi movies and novels. There are bionic arms that can be attached to people who have lost limbs and controlled solely by the mind, and there are humanoid robots that can complete obstacle courses – with serious impact for military strategy.

Click here to read about Chelsea Singh.

Doctor Xpress Launches!

CS Investments is pleased to announce the launch of Chelsea Singh’s latest business: Doctor Xpress, providing medical services to your home, hotel or place of work.

Doctor Xpress is a new concept in medical care, aimed at providing convenience and efficiency that matches the needs of today’s demanding modern society.

When you’re feeling poorly, the last thing you want to be doing is traipsing over to your GP, and it’s probably one of the worst things you could be doing. Not only are you putting yourself at risk of the elements and exertion, but if you’re contagious, you’re putting others at risk as well. And once you get to the surgery, you’re exposing yourself to all kinds of other illnesses – whilst in your weakened state!

Doctor Xpress addresses these problems and offers a unique new service, where medical services and experts are mobile, travelling to where they’re needed most.

Services include flu vaccinations, travel clinics, sexual health consultations and private GPs. All our staff are professionally trained and registered with the General Medical Council.

The service is available 24/7, every day of the year, so emergency medical help can be with you as soon as possible, when you need it most.

Check out our new website to find out more about the service and what it can offer you.

Inspirational Quotes

“I don’t regret the things I’ve done, I regret the things I didn’t do when I had the chance.” – Unknown

“I want to be all used up when I die.” — George Bernard Shaw

“Challenges are what make life interesting and overcoming them is what makes life meaningful.” - Joshua J. Marine

“Good things come to those who wait… greater things come to those who get off their ass and do anything to make it happen.” – Unknown

“Courage doesn’t always roar. Sometimes courage is the quiet voice at the end of the day saying, ‘I will try again tomorrow.’” — Mary Anne Radmacher

“In order to succeed, your desire for success should be greater than your fear of failure.” – Bill Cosby

“If you’re going through hell, keep going.” — Winston Churchill

“It is never too late to be who you might have been.” — George Eliot

Dont be afraid to stand for what you believe in, even if that means standing alone.. - Unknown

“The best revenge is massive success.” – Frank Sinatra

“Life is like photography. You need the negatives to develop.” – Unknown

“That which does not kill us makes us stronger.” — Friedrich Nietzsche

 

Click here to read about Chelsea Singh.

Starting a Business

In the current climate with even long established businesses going to the wall and many companies struggling to stay afloat there are increasing number of people being made redundant and many of those people consider starting their own business with their redundancy package.

But most businesses fail within the first year – why is that?

Unrealistic expectations

Some people think that running your own business means being able to do what you want to do all the time. That it means waking up at whatever time, staying in your pyjamas all day and taking days off willy nilly. Unfortunately this is pretty much the opposite of the reality of running your own business.

People who start businesses usually work longer hours than those who do 9 – 5 , and  a lot of entrepreneurs are naturally workaholics. If you’re choosing starting a business because it’ll be an easy option, it’s the road to disaster.

Lack of Planning

Many startups think they’ve got a good idea, but fail to do the nitty gritty maths and calculations that are required to work out whether it is actually a viable business or not. Sure, projections of new startups are notoriously difficult and can be wildly wrong, but if it’s going to be literally impossible to make it add up, it’s better to see it from abstract calcultaions than a year later in your bank balance.

Another area where inexperienced people fail is by not checking out the competition properly and assuming customers will be battering down their door. Knowing what you’re up against and having a clear reason for people to buy from you instead of them is critical and you don’t want to be discovering your nemesis later down the line.

Lack of adequate funds                                                             

Businesses need funds to get started. Even starting on a shoestring means having at least a few hundred or thousand. The minimum a business needs to start is a phone, a business card and a website. But most successful business people know that to make a business a success you need to start off by investing.

With the right funding for marketing and giving a professional impression, trust is built quickly and customer bases can be expanded quickly, turning the company into a profit maker rather than having it creep along without breaking even for years.

If you want to give your business the best chance of success, then why not contact Chelsea Singh, via his personal website or check out CS Investments.

Chelsea Singh’s latest Business Quotes

Whenever you find yourself on the side of the majority, it is time to pause and reflect.
Mark Twain

Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all.
Dale Carnegie

No enterprise is more likely to succeed than one concealed from the enemy until it is ripe for execution.
Niccolo Machiavelli

A budget tells us what we can't afford, but it doesn't keep us from buying it.
William Feather

It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
Adam Smith

All lasting business is built on friendship.
Alfred A. Montapert

Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.
Steve Jobs

 

Click here to visit CS Investments.

Tips for getting investment for your new business – from Chelsea Singh

If you’re thinking of starting up a new business, there’s a good chance you’re going to need investment to get your venture off the ground – even if you are starting on a shoestring budget.

So how do you convince potential investors that you’ve got the goods?

Here are a few pointers to get you going in the right direction.

Do the sums

Any serious investor is going to start talking about numbers, and you’re not going to get anywhere if you’re afraid of them. It’s true that projections for start-ups are notoriously hard – and the real figures are often wildly different – but that doesn’t mean it’s not a worthwhile exercise that may highlight problem areas and determine whether the idea really has any merit to begin with.

Be realistic

You may think that everybody’s going to be beating down your door to purchase hundreds of Thingummywatsits from you, but until you’ve tested the market, you really can’t know. Yes, entrepreneurs need to believe in themselves and have passion and drive, but that doesn’t mean being blindly optimistic.

Do your research

Test the market and find your competitors. This might sound daunting if you’ve never done it before, but you will be in a much stronger position if you get it together enough to do this research. Search the internet on terms that you want people to search for your products on, and see what comes up. Then try a bunch more. You’ll be amazed how many ideas have already been thought of and implemented…

Chelsea Singh is always on the lookout for new investment ideas.

Find out more at CS Investments.