(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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In product design, mistakes are costly, and the longer it takes to discover a problem, the more costly it becomes. I came across an article written by Dr. David M. Anderson about Design for Manufacturability where he talks about “The Rule of 10“. He claims that it costs 10 times more to find and repair a defect [...]
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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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Doing your homework before seeking an investor is absolutely number one priority. There are thousands, if not millions, of entrepreneurs that haven’t the slightest clue how to approach a deal. Here are some common mistakes I see entrepreneurs make when they’re talking to investors. Don’t say or do any of the following, and you’ll have [...]
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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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Last week’s post about the pros and cons of remote employees discussed how to tell if a remote worker situation would be a good fit for your company. Today, guest author Lior Levin provides tips to help you get up and running with remote employees or offices. Remote workers make up of roughly 10 percent [...]
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The Franchise King® Joel Libava says the franchise industry could use more women franchisees, so he’s taken it upon himself to make sure that more women start looking into franchise ownership as a viable option to traditional corporate employment. Joel’s just announced a contest specifically for women that are interested in pursuing franchise ownership – [...]
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