The latest stereotype regarding entrepreneurship is that it is populated with 20-year-old master programmers who survive on a diet of ramen noodles. While this may be true of Silicon Valley it is hardly a true reflection of all entrepreneurs. Some may question why anyone in this highly unstable economy would choose to transition from the relative security of a corporate position to the instability of entrepreneurship. The reasons are varied but include the following.
Don't ask customers to fill out paper work or give time or money. For example, with our program for every package of any of our products bought in a community, our consumer (through their purchase) and we at U-Be-Livin-Smart feed a needy individual in that community through a nearby food bank. All the consumer has to do is make the decision to purchase.
Coworking spaces are emerging as the new work environment of choice. Today, shared spaces around the world are bringing increased levels of happiness, productivity and collaboration to their members, and at a price far more affordable than the alternative. So here they are, five reasons to close the door on private offices.
I became fascinated by what it takes for someone to become known for their expertise, and over the past two decades, I've honed the skills of positioning people and organizations as experts. To advance professionally, we all must demonstrate and share our expertise, putting ourselves and our talents into the spotlight.
We know change is difficult, that is no secret, the actual secret is the positive benefits of change in many circumstances. The ability to look at change from the positive perspective could be the difference between a positive fiscal quarter and a potato chip and ice cream binge (not that I would ever do that...)
While building a start-up based purely on an exit strategy is incompetent, not at least considering it is equally incompetent. As any start-up founder will confess, building a start-up because you are passionate about the topic or industry is best way to succeed. However, just letting go is the best option for both the start-up and its founders.
It is an enormous and important achievement that we are openly discussing mental health and its costs to the economy but what if the investments we are making are not enough because they are based on yesterday's economy rather than the economy of the future? Today's economy is very different from the one that existed 50 years ago.
It's been months since I've felt like writing. On the heels of what can best be described as a shocking life-altering experience on November 3 last year, I simply lost my writing mojo. I needed to stop, get off the proverbial merry-go-round and re-think many things. Wondering exactly what happened to me on November 3?
Money shouldn't dictate your success or potential. While it may be more difficult without funding to bring your idea to reality, it doesn't mean it can't be done.In fact in some ways it can be a blessing in disguise. Your passion will be put to the test, your vision will be challenged and with each roadblock your determination will strengthen as your vision grows.
For anyone who's reached a goal or manifested a dream, you know that it starts with figuring out what that dream or goal is. The rest is about applying your energy in the direction of your desire to make it happen. Running a 10k starts with a sweaty, breathless jog around the block; starting a business with a brainstorming session with your smartest friends and advisors; writing a book with opening the file and naming it.
There are investments you need to make as a start-up -- like design and marketing, for example -- that seem like a non-negotiable no-brainer. But there are other, perhaps less obvious, investments that are important to the long-term success of your business. You need to invest in yourself. Your professional development. Your personal growth.
Answering "how is the world left better because of me" guides people from abstract goals and mindsets to deciding what behaviours are necessary every day. Focusing on the emotional response to these questions is the foundation for a business's culture and brand. In just two hours with Institute B, I learn more about myself, personally and professionally, than I do in most of the business workshops I attended this year combined. Now that's good for business.
Entrepreneurs often underestimate how long it can take to get paid. Whatever the reason for late payments, it's another headache taking your focus away from what you really love about your business. Here are some simple strategies you can adopt to help encourage timely payment and even speed up the process.
But it's not enough to have an amazing idea or technology, you have to be able to develop a business. And that's a far different skill than creating cool new cleantech solutions in the research lab. That's where Rand and MaRS come in. Rand has a checklist for what's he looking for when cleantech companies come to him, looking for an investment to scale up.
For as long as she could remember, Naomi wanted to run her own business. Inspired by a lack of good gluten-free food, she began to operate a small gluten-free bakery, CeleeakNak. After unsuccessful attempts to secure a small business loan, Naomi found Rise Asset Development who offered her financing based on the strength of her character, her work ethic and her business plan.
While it took a few years after the financial crisis for financial services start-ups to get their business models refined to the point where they can come to market they are here now, and these alternative financial services technology companies are becoming viable and increasingly common sources of financing for entrepreneurs and small businesses.