5 Tips of the Day - 22 October 2012
1) 5 Ways of Funding A Business: How To Get Your Piece Of The Pie
No shocker here: One of the biggest challenges for entrepreneurs and small business owners is finding the funds necessary to launch – and eventually grow – their businesses. If you’re reading this, you’re likely looking right now.
There have never been more funding choices to consider for prospective entrepreneurs.
As a social entrepreneur for more than four decades as well as an angel investor and venture capitalist, I’ve experienced the highs and lows of business funding myself and have learned the hard way what investors are looking for before committing to fund.
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No shocker here: One of the biggest challenges for entrepreneurs and small business owners is finding the funds necessary to launch – and eventually grow – their businesses. If you’re reading this, you’re likely looking right now.
There have never been more funding choices to consider for prospective entrepreneurs.
As a social entrepreneur for more than four decades as well as an angel investor and venture capitalist, I’ve experienced the highs and lows of business funding myself and have learned the hard way what investors are looking for before committing to fund.
Read More
Selling to the U.S. market can be a significant milestone in the life of an international technology startup. The U.S. is the largest market in the world, and a successful foothold here can mean dramatic growth as well as further credibility of your company. But selling to U.S. businesses can be difficult especially if you’re based overseas.
Having successfully introduced international technology companies to the U.S. market, we’ve learned several lessons, listed below, to help companies abroad sell in the U.S.
Part of the fun of being a freelancer is that you get to manage your own time. You decide when to work (within deadlines, of course), what task you are going to do each day, and how long you’re going to spend on your clients versus building up your own business.
Part of the pain of being a freelancer, of course, is that you have to manage your own time. So how do you do it? Well, there are lots of ways you can manage your time properly – I’m going to show you three that worked wonders for me.
Founding a startup is a journey where the end destination is not always apparent or obvious. Ravi Mitaal, CEO of Vuukle, advocates for patience and persistence as strategies every startup founder should use when approaching their ideas. Vuukle emerged from the misfires of two other startups: SplaTT and Blobin.com.
Without pivoting ideas from both of those startups Vuukle would not be here today. Ravi’s innovative attitude and openness to change creates a platform for startup success. Relationship building and readiness to respond are key in the Vuukle story, -which is by no means simple-, and started in a London subway.
Facebook didn’t guess that users wanted to share photos. It learned it, Mark Zuckerberg explained in his talk at Y Combinator Startup School. “We really listened to what our users wanted, both qualitatively listening to the words they say, and quantitatively looking at behavior that they take.” Users didn’t necessarily say they wanted photos, but were uploading new profile pics every day.
So Facebook built out photo sharing, it exploded with popularity, and proved that sometimes the data can reveal what users want before they even know it.
That wasn’t the last time Facebook would put turn this practice into product. Hundreds of thousands protested the news feed, but engagement was up, Facebook stuck it out, and news feed became one of the site’s most popular features.
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