Businessesintheknow.com New Program Takes Entrepreneurs by the Hand and Lead Them Through the Experiences of Other Successful Entrepreneurs

O'Fallon, MO, August 07, 2007 --(PR.com)-- While most people dream about starting their own business someday, 95% of entrepreneurs make less than $50,000 a year- many of them going broke. Why? Simple— a large percentage of entrepreneurs don’t know what they’re doing.

Author, publisher and optimization coach Bobby Ellis has teamed up with Xspology.com and Peopleintheknow.com to created Businessesintheknow.com in hopes of changing that percentage. Businesses In The Know provides weekly consulting lessons, takes entrepreneurs by the hand, showing them step-by-step, how to start, build, manage, or turn around a business by using the experiences of others thriving entrepreneurs who have already achieved a higher level success.

The lessons comes from 6 MBA students, now graduates who have interviewed over 93 successful entrepreneurs and deliberated over 107 case studies in the past two years. This group of MBA’s dissected, analyzed, and consolidated the information they found into digestible chunks. Leaving only the key ingredients, strategies, and tactics that made each of these businesses tick. The information is then distributed every Friday through the to entrepreneurs free MP3 Players given to them by Businessesintheknow.com

“Fully 80% of wealth, and self-made millionaires came as a result of starting a new business,” says Bobby. “Most men and women who start businesses, while ambitious, don’t realize the range of skills, abilities, qualities, and talents necessary to be successful.”

Businessesintheknow.com gives entrepreneurs the information, resources and mentors they need to succeed and thrive in today most challenging environments. With practical and in-depth consulting lessons distributed to entrepreneurs weekly.

According to Bobby Ellis, a principle at Businessesintheknow.com “We’ve put quite a bit of thought and effort into this program. We have learned something about bridging the gap between understanding principles and being able to apply those ideas. A lot of it has to do with not playing the games that others want to play… especially if they have an advantage. If Michael Jordan challenged you to a game of basketball, with the loser paying the winner $5,000, would you play? Probably not. The key is not to play a game that you’re not comfortable or superior at. The same can be applied to your life and your business. The goal of businessesintheknow.com is to change the odds from against the entrepreneur to profoundly in their favor.”

Entrepreneurs who want additional information, or want to order a free sample of a Businessesintheknow.com consulting lesson can go to http://www.businessesintheknow.com . Visit the website or for additional information email bobby.ellis@businessesintheknow.com.

###