As Leo Veness so poignantly claimed, “The only thing that does not change, is change itself.” This is especially true when it comes to politics, regulations, and business strategies. In light of this, the SEC has recently made some changes that small business owners should be aware of.
So, you’ve got your foot in the door and arranged a meeting with potential investors; this is often reason enough to celebrate. However, in order to walk away with the cash you really need, you have to do your research and put together a compelling presentation. Here are some tips to ensure your success:
As a kid I was always advised to pay cash for everything and if I didn’t have enough cash in hand, then I couldn’t afford nor buy it. Now many years later I have those words still ringing in my ear, but like the proverbial angel and devil that sits on each shoulder. I also have conflicting advice […]
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 […]