Reality check: Passion and hard work aren’t enough to make your business a success. What once fueled the dreams of eager opportunists are no longer enough to fuel those of 21 century entrepreneurs. Nowadays, you need to know the gap that your business fills, who your major stakeholders are, and the research pertaining to your specific market. This […]
Writing a mission statement is similar to inputting a destination on Google Maps; the more specific you are, the more likely you’ll arrive at your destination. The cool thing is that as you type in more data (city, street, then address), the more the map zooms in until you have a little red teardrop pointing to your […]
While there are few studies that measure how many entrepreneurs have earned business degrees, there are an abundance of studies that list company founders who’ve succeeded without a college education, such as DreamWorks’ David Geffen, Hobby Lobby’s David Green, Tumblr’s David Karp, Whole Foods’ John Mackey, John Paul Mitchell’s John Paul DeJoria, Oracle’s Larry Ellison, and Mary Kay Inc.’s Mary […]
Start Your Business Today Entrepreneurs often reveal that the timing is never perfect for starting a business. Jeff Taylor, CEO of web design and marketing firm DEVISE states, “I’ve had thousands of ideas, but unless you put action behind them, nothing will come of the idea.” “There’s no reason to wait for the perfect time to […]
There are several reasons why you should calculate the true value of your business. You may be considering selling it; you may be searching for the partnership of investors; the decision to expand a project could be on the horizon; insurance options may need to be addressed, etc. The problem is, it’s your business, so […]
Last week there was a report on TV about a company in Sweden that implants RFID (radio-frequency identification) chips into their employees’ forearms. With just a swipe of their arm they can unlock security doors, work the photocopier, and access many other tools without the hassle of ID cards or numerous passwords or codes.
The rapid growth of the “Sharing Economy” has given birth to a new breed of service-based marketplace businesses that are changing the way we think about “work.” The slow decay of the 9-to-5 office job has given rise to the power of freelancers and solos to work when, how, and where they want. The role […]
Employee reviews. Those go right up there on the annual list of fun things to do just under getting your teeth cleaned and right above going to visit your in-laws. As a non-confrontational person, just the thought of giving someone negative feedback makes me want to hide under the table. Unfortunately, employee reviews are necessary […]
UpCounsel has expanded again! Yep, we’re ready to launch in the great state of Illinois and we couldn’t be more excited. We’ve been testing out the markets in Chicago and have quickly come to realize that our partnership with these outstanding businesses and attorneys is something quite special.
The new labor economy is in full swing . . . and simultaneously just getting started. Now that the B2B world is becoming keen on the concept, and the dramatic improvements that online marketplaces have made, we only see acceleration ahead.