Not many years ago, starting a business took a lot of time, money, and other resources in order to get it off the ground. Becoming an entrepreneur had a barrier to entry that many low or middle class people couldn’t get through because of their limited financial resources.
Many people develop brilliant business ideas after careful research and reflection. But actually starting a business requires more than a sound idea. A new company must have solid operational principles. Uncertainty about managing day-to-day details causes too many prospective entrepreneurs to hesitate launching a business.
The founders of 955 Dreams decided that starting a business to publish mobile apps is most likely to succeed by focusing on a popular category. They selected music as the obvious choice. Now the startup has $3,250,000 of new capital from angel investors and venture capitalists.
The media has a way of overhyping people sometimes but in the case of Buddy Valastro, known as The Cake Boss by anybody who is a fan of his reality show and his newest series, “The Next Great Baker”, the hype may be deserved.
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 […]
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. […]
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 […]
If you’re an entrepreneur starting or expanding a business next year, don’t expect a lot of money coming from venture capital according to a new survey released. The decade ending in June of 2011 has been one of the worst in history for venture capital averaging only a 1.3% return compared to a 4.2% return […]