If your company has been in business for at least four years, and if it generated annual gross sales revenues of at least $3 million in 2010, then you just might be eligible to be named Entrepreneur magazine's Entrepreneur of 2011. According to Entrepreneur magazine, "If you're making an impact -- on your industry, for your employees and in your community -- this is your award to win. Past winners have rocked our world with radical headgear, taken us back to basics with healthy snack ideas, and made innovative contributions to the sustainability movement. Now it's your turn. Tell us how you're making a difference with your business and you could be the Entrepreneur of 2011."

Why should you bother? Check out the video below for a rundown on the many cool things (including that rockin' trophy!) that you'll get if you win.

But what if you haven't been in business for four years, and what if your annual gross sales revenues for 2010 were only in the neighborhood of $350,000 and up? Then you are still eligible to be named Entrepreneur magazine's Emerging Entrepreneur of 2011.

Sound good? If so, you'd better get on the stick. Entries must be posted by June 15, 2011 to be considered for this year's awards.

Go to the contest website for complete details. Oh. And good luck!