Every successful business begins with a brilliant idea. But as any start-up company and entrepreneur will tell you, the real work comes after said idea is hatched. The critical link in the business success chain is funding, and that’s where most start-ups encounter their first major obstacle. Those who have done their homework know that various options exist, including angel or venture capital investment, crowdfunding, bank loans, and even financial support from family members and…
It might seem like the ecommerce space is completely dominated by giants such as Amazon, Alibaba and Overstock. While these are the sites that certainly get the most attention, especially since Amazon has been heading the charge of the so-called “Retail Apocalypse,” there is still room for smaller players to turn a profit in this busy space. Here’s how ecommerce startups can overcome legacy giants. Make SEO a Priority Search engine optimization (SEO) is the…
Very few entrepreneurs hit the ground running. And some of the most successful startups began as small side gigs while the founder grew the business from the security of a full-time job. From evening freelancing to spending countless weekends networking; the steady income and comparative safety of being an employee financed the efforts that turned into exciting new startup businesses. Let’s take a look at five side gigs you can try out right away to…
In the last few years, digital technology has managed to create a wide transfer of power from the hands of businesses to those of consumers. A perfect example of this trend is the use of crowdfunding platforms, where visibility and reach are allowing companies to raise their startup capital directly from the people who will eventually become their customers. By definition, crowdfunding is the process of raising small amounts of capital from a large number…
Where should you get the money to fund your startup? Just because you have a great and exciting business idea does not mean that people are waiting to throw money at you. However, there are other creative ways to raise money for your new business, including: Negotiating an advance from customers or partners Look for a complimentary business or major customer who sees the value of your potential business and is willing to give…
Setting up and running your own business can be one of the most rewarding experiences in the world. Developing an idea into a product or service that you are deeply passionate about and feel can impact people’s lives is what drives people into setting up their own businesses. More and more entrepreneurs are seeing the appeal of launching start-ups and it’s never been easier, so if you’re thinking about setting up your own business, here…
