The great thing about basic well-established technology is that entrepreneurs can easily adapt it to new purposes. Find a situation that cries out for a better process and someone will deploy existing technology for a solution. That’s what happened to Brad Weisberg after he found a dent in his car.
Not all of the key elements to success for a new company are based upon measurements of market size and unit profit margins. Sometimes the pivotal factor is simply the personal touch of an entrepreneur.
The internet has become an ideal means for selling second-hand merchandise. Recently, another new company was started that further advances the trend. Threadflip just launched its website for online consignment sales of women’s clothing in April of 2012.
Because of the internet, preparing a meal has never been easier as long as you can follow instructions. Unfortunately, a subject with plenty of information can overwhelm someone conducting a simple web search. Millions of search results make selection difficult.
A new mobile payment service has been launched by Boku, which users can deploy in physical stores. Users of Boku’s system pay with their mobile numbers so that transactions are charged to their monthly phone bills. Boku provides billing mechanisms through about 230 wireless carriers, including AT&T and Verizon.
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 […]
The wrong office environment may doom a company with a great idea. Successful deployment of a new corporation is more likely with the right physical surroundings. Angel investors realize this. So attracting capital usually hinges upon having an office that conveys the right image.