Entrepreneurs: Whats your success or future ideas for it?

So out to all the people who had the kahonas to go out and start their own business what have you specialized in and how has it worked out for you. I am interested in hearing any and all stories and history and details are certainly welcome. As an entrepreneur myself I like to hear from others all the time.

I have two different part time businesses - neither will ever be full time or make much money, but they do have 90+% profit margins - 1- is a selection of 200+ data products I sell on cdrom for genealogists/family tree researchers (I charge buyer enough shipping to cover actually postage plus all material costs, so I basically make 100% profit on the item itself and 2- is a line of dice and card sports replay games - sold in pdf format only - emailed to buyers - zero material cost per unit sold - I've been averaging $100-200 a month profit for the past couple of years - 5-6 years ago made a lot more

Entrepreneur Success Stories

Entrepreneur Success Stories

critical success factor.. ?

i dont understand what critical success factors are in a business.. i've googled it but i dont understand the definitions.. could someone please explain it in a simpler way? .. i have to go on this website: http://www.smallbiz.nsw.gov.au/smallbusiness/Resources/Success+Stories/Starting+Up+Success+Stories/ and identify the critical success factor and how each entrepreneur overcame the challenge for all 6 of these businesses, and i was just wondering if someone could help me identify it just the 1st one so i get the idea of what a critical success factor is.

It does not really mean anything. Everyone who opens a business has to become profitable. If you don't make a profit , you keep emptying your bank account until you have to close the business. Each person tries to explain the "critical success factor" that allowed them to make a profit. But it is almost impossible to put that "factor" into words.
For some, it was advertising. But many businesspeople advertise and feel like they wasted their money. For others it was hiring great employees. But if you don't have a great product to sell, employees can't help much. For most owners, the number one "factor" was having enuf money in the bank to get thru long periods of "bad times". Every business has to endure periods where no money is coming in..

Entrepreneur Success Stories
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