Most people claim taking the first step is the hardest. Is it any different when starting your own business? Maybe it’s step 2 or 3 in your journey as an entrepreneur that really bogged you down. Maybe it was the 5th rejection or the 17th obstacle. Wherever you are in the American dream, it’s essential to stay motivated to achieve your goal, and then wave good-bye at it as you exceed your own expectations and those of naysayers. Here’s what can help.
How often do you see that proudly displayed on the products, gadgets, and other favorite things collected or used in your home or business? It’s more often you see that something may have been invented in the states, but produced in China, Taiwan, and other countries. We know that’s the case because of the cost difference. Producing in America can sometimes be double or even triple the cost of having something made and shipped from another country. It shouldn’t be a decision between buying American to boost our economy and buying outside the states to cut costs. So what’s being done to change this?
SBA.gov is excited to give us the answer to that very question.
“… today we applaud new legislation in the Senate that would help novel manufacturing startups open their first factories in the USA by creating a public-private Manufacturing Scale Up Investment Fund. The Scale-Up Manufacturing Investment Company (SUMIC) Act of 2015 would establish a fund, administered by the Small Business Administration, to offer federal loan guarantees to investors looking to invest in novel manufacturing startups looking to make their products in the United States.”
Read more here.
It seems as if a new social media site pops up as often as a new celebrity you’ve never heard of or a weed in your yard that you swore you just pulled up. So which ones have staying power and which ones are right for your particular type of business? We think all three below have potential to boost company awareness if handled correctly.
If social media sites were part of a mafia, Facebook is the Godfather. It was first and it makes the rules. There are more than a million small to mid sized businesses using this medium for advertising. Large companies are estimated to spend up to a hundred million annually advertising through Facebook.
Continuing with the mafia analogy, Twitter is the clever one with a slight attention deficit disorder. One minute something is trending and the next it disappears in the oblivion when something shinier pops up. It’s a tricky deal but if you know how to play the game, it can pay off in big ways.
LinkedIn is the charmer. It’s the site you never would’ve expected to be part of the mafia because it’s so sweet. It introduces you to friends of friends of friends and connects you to people in a professional web networking setting.
We’ve got our mind on the money, and our money on the mind. Whether we are trying to save it, spend it, or want more of it, money is a part of life that drives a lot of decisions we make – or don’t make. Take a look of the top 10 best paying jobs. If you made the list, just remember, we’re always available for a vacation!
- General Practice Physician
- Senior Level Corporate Executive
- Petroleum Engineer
- Data Scientist
- Air Traffic Controller
According to Business News Daily, the top 10 new business ideas for 2015 aren’t just passing trends. Are they Millenial driven? Should entrepreneurs jump on the band wagon, or is it too late? You tell us!
Making sure that your business is adequately listed online is one of the most important things you can do after getting up and running. If any of you are like me, the first thing I like to do before visiting a new restaurant or business is to check out their website, just to see the menu or check out a little bit about what services and/or products they offer. If the business isn’t at least listed on common sites such as Yelp, Urbanspoon, YP.com, Google, Bing, Yahoo, etc. it may make customers skeptical of whether or not the business is still in operation.
Getting listed may sound like a daunting task, but there are resources out there to help small businesses with their online listings. Moz Local, formerly GetListed.org, is one of those resources. Their primary offering is an easy-to-use, online tool that makes the process of claiming business listings at Google, Foursquare, Facebook, Yelp, Bing, YP, Yahoo and other prominent local search engines more efficient. Continue reading
According to Guy Kawasaki, author of “The Art of the Start,” you don’t have a business model if you can’t describe it in ten words or fewer. What’s his point? Investors want to know how your business will make money. I’m sure you already know that in order for your business to survive it needs to bring in enough revenue to cover expenses and to cover overhead costs. The good news is that someone else has already figured out business models that work! So, you don’t have to try to reinvent the wheel with this one, and Guy doesn’t recommend it. Mr. Kawasaki says that the smart approach is to relate to a successful and already understood business model.
How do you define your business model? Guy recommends starting with two questions: “Who has your money in their pockets?” and “How are you going to get it into your pocket?”
Not sure where to find already accepted business models? Below we’ve listed a few commonly used business models: Continue reading