Maybe you were planning to start a business from scratch this year but there might be an even better way. Have you considered buying somebody else’s business? Not all businesses are sold because they’re failing. Sometimes life events like divorce, retirement, or illness cause business owners to sell at bargain prices. Buying a business that already has a customer base rather than starting from scratch has some unique advantages. Continue reading “Three Reasons to Buy a Business” »
Making Life Easier With A Simple Mobile App Solution
Another company has used a small amount of capital to launch a mobile app that simplifies a common problem. Giftiki helps people collaborate on giving a joint birthday gift to a friend. The app runs on iOS and is available from Apple’s App Store. Users pool small monetary gifts through a social networking feature. Continue reading “Making Life Easier With A Simple Mobile App Solution” »
Meet the Newest Small Business Owner: Jessica Alba
Anybody can own their own business and even Hollywood’s elite have been known to try their hand at entrepreneurship. Jessica Alba is no Hollywood has-been. She may be best known for her role in the TV series Dark Angel but her list of credits is vast and continues to grow. hollywood,jessica alba,honest.com
Mobile App To Help Families Communicate Attracts New Funding
A single mobile app is enough to create a successful new business. These operations also don’t require tens of millions of dollars to launch their product into the market. This opportunity for a new company to succeed is illustrated by Life360, which announced in December that it has raised $3,500,000 of funding from several investor groups. Continue reading “Mobile App To Help Families Communicate Attracts New Funding” »
Starting a Business? Find a Free Mentor
Starting a new business isn’t easy. In fact, many fail after a short time but is being a successful small business owner nothing more than a roll of the dice? Hardly. The reason business startups fail is because the new owner didn’t have the skills, experience, or capital needed to make their business a success. We’ll save the capital requirements for another time but how about skills and experience? Continue reading “Starting a Business? Find a Free Mentor” »
New Service Business Simplifies Use of Cloud Stored Documents
Document storage in the cloud has created many advantages and expanded a few frustrations. The popularity of positive features creates opportunities for a new business to present solutions to the difficulties. SurDoc is just such a company that is resolving problems and increasing satisfaction in using cloud storage services. Continue reading “New Service Business Simplifies Use of Cloud Stored Documents” »
Startup Advice from Mark Cuban Every Entrepreneur Should Read
Entrepreneur Mark Cuban may be the most outspoken, polarizing figure in the startup space. Not only does he own the Dallas Mavericks and make appearances on the popular NBC venture capital series, Shark Tank, he has started and sold companies his entire career. As most entrepreneurs have experienced, he’s also made his fair share of expensive mistakes. He recently gave Entrepreneur Magazine a list of short pieces of advice for the new entrepreneur. Continue reading “Startup Advice from Mark Cuban Every Entrepreneur Should Read” »
New Business With Innovative Service Raising Capital For Growth
Introducing an innovative idea to the market is often easier by selling to big corporations. For example, the creations of Ifeelgoods provide benefits to the customers of bigger companies. These large enterprises pay Ifeelgoods for developing loyal customer relationships by furnishing something of value.
Ifeelgoods gives companies a way to offer customers digital credits, instead of enticing buyers with discounted prices. Among the global brands using Ifeelgoods are 1800Flowers, Gap, and Universal Pictures. Their customers get digital credits for participating in marketing campaigns. This turns the shopping experience into a social game.
For example, Universal Pictures worked with Ifeelgoods to give away one million digital credits as part of the promotion for the movie “Tower Heist.” Consumers liked the movie’s Facebook page, shared stories on the wall, and participated in trivia games. The credits earned are exchangeable for Facebook game activities just like purchased credits.
The idea behind Ifeelgoods is to get more emotional attachment from consumers to advertising campaigns. The value of digital credits attracts users to spend more time interacting online and spreading the marketing message. Providers of digital goods include Facebook, Skype, and Starbucks.
Ifeelgoods receives a commission based upon the amount of participation it attracts for the campaigns of its client companies. The one-year-old business has raised $9,000,000 of outside capital. But, it still faces the challenge of teaching companies about the benefit of digital credits.
Management at Ifeelgoods is committed to showing that virtual interactions not only reduce marketing costs but also attract buyers. The online world is comprised of consumers who gather both the perks associated with digital credits plus product information spread on social media. Ifeelgoods claims that campaigns offering Facebook credits obtain three to five times more click throughs than traditional physical discount opportunities.
What are Angel Investors Looking for this Year?
If you’re looking for funding for your new business this year, you may look for angel investors or venture capital firms. 2011 was a particularly bad year for private investors like these but that doesn’t mean that they don’t have money to lend in 2012. Continue reading “What are Angel Investors Looking for this Year?” »
Entrepreneurs Taking on the Education Industry
Recently we learned that Apple wants to capitalize on the education market and who could blame them? The education industry has been one of the hardest to innovate over the past couple of decades. Some believe that rather than moving forward, the system is reverting to decades old practices that use very little technology in their day to day offerings. Continue reading “Entrepreneurs Taking on the Education Industry” »

