(Note: This post today is written by Kelsey Arnold of Social Media Today. And, like the politicians say on the ads, “I approved this message.” Tim) For entrepreneurs with the right strategy, this is an exciting year to launch a new business with high growth potential. The JOBS Act that was recently signed into law [...]
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It’s not about taxes or any public policy, or economic statistics, or red tape. The right time to start your new business is … When you think you can… When you’re pretty sure people will buy what you want to sell… When you understand the market… You know why people might make purchasing decisions, and [...]
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I’m writing this in the airport on my way to Austin, TX., where I’m going to be a judge at the University of Texas Venture Labs global business plan competition (used to be Mootcorp). Between contests like this one and angel investment, I’ve heard two dozen or so business pitches lately. I’m talking about the [...]
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If you’ve seen the power of social media in entrepreneurship and small business, can you afford to ignore Google+? I think not. Plus already has more than 100 million users, and some business press is predicting more than 400 million by the end of this year. But even if you’re already working with social networking for [...]
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I posted 5 Things Every Manager Should Know About Financial Forecasts recently on the Industry Word blog on the SBA (Small Business Administration) community site. If you haven’t joined the community yet, and you’re running a business or starting a business, or thinking about it, the SBA in general and its community site in particular is [...]
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Bill Payne had a nice post on gust.com late last month titled Using your business plan, in which he lists the different forms or outputs people confuse with a business plan and sets each one into the proper use context. He defines the elevator pitch, video pitch, executive summary, PowerPoint presentation, and business plan as [...]
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I’m in my business plan marathon season again. This happens every April as I read business plans for my angel investment group in Oregon and for business plan competitions held this month by University of Oregon, Rice University, University of Texas, and the University of Notre Dame. I want to make it clear, first, that I [...]
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A couple of hours ago I posted Reflections on Reviewing 30 Plans on Gust.com in a Day on the Gust Blog at Gust.com. I’m in the process of reviewing 30 submitted businesses for our angel investment group between yesterday and today — yes, I’m a procrastinator — and wanted to share some input that might help [...]
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It happens that two people I care about are both starting their own professional service businesses. Both of them are really good at what they do as the main core of their business, and neither has any experience with the basic admin. I wanted to help, and as I got going, I realized that this [...]
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