Monthly Archives: April 2012
First, let’s be clear. There is no way to start a business without any risk. Like any investment, risk is always present and although it would be nice if it weren’t, that will never be the case. An entrepreneur can, however, start a business with a lower level of risk than others who might have [...]
Just because a website becomes the dominant internet source for a particular service doesn’t mean a similar new business can’t gain attention online. For example, Mint is the primary site for tacking consolidated views of various investment accounts. Although Mint’s popularity has crushed competitors, startup operation Personal Capital is gaining traction for its variation on [...]
Baseball season has begun and for all of the fans of America’s pastime, it was much too long of a wait. For enterprising entrepreneurs, they know that the best way to succeed as a small business is first, to appeal to a large audience and second, give them something that resonates with something they love.
Your business startup is worthless without sales, right? What makes this reality even more scary is that you’re in the beginning stages of your business which means that you have no reputation, no experience, no word of mouth, and very little capital to remedy that situation.
How much of this story describes your path? Because of your background you have a unique perspective that sparked an idea that you’re sure will take off with consumers. It might be a new product or maybe it’s a new and more cost effective way to provide a service that consumers need. You can’t believe [...]
Two new companies have started operations by modernizing a noble relic of days past. Although suggestion boxes have disappeared from today’s workplaces, the idea behind them still has merit. Tapping that appeal is the purpose behind startup businesses 15Five and Happiily. Both enterprises deploy technology to enable online employee feedback mechanisms.
With the current popularity of do-it-yourself activities, plenty of opportunity exists for the formation of new businesses. Consumers use the DIY approach to save money while exercising greater control. WeddingLovely aims to attract the DIY audience for weddings.
Ideas for starting a business are often in plain sight when people examine a problematic issue in need of a solution. For example, the proliferation of new technology brings both benefits and unintended consequences. Photography is an obvious case.
People start new companies to pursue passions that implement their personal brand upon ideas. A concept doesn’t have to become a global phenomenon to achieve considerable success. But many businesses do have potential wide appeal. Even a company that’s not destined to become a household name might have a product that sells to a broad [...]
When starting a new business startup, what is more important than passion, a great business plan, a strong work ethic, and a lot hype? Money! You can’t start a business without money and for many businesses, you’ll need more money than you have right now.