Small Business Briefs – May 11, 2012
More successful small businesses launch in the news – An idea can be just a tweeking, a solution to some tedious or mundane activity and can blossom to compete even with the bigwigs! Here are some more insights into entreprenuers starting a small business. Set Up an Online Business in Hours Inc.com (May 3, 2012) [...]
Build a Business From a Hobby
Dr. Susan Biali, MD wrote a piece in the March 9, 2012 edition of Psychology Today’s blog “Prescriptions For Life” suggesting that even if we can’t quit the job that pays the bills, it may be good for our mental well being to also participate in making a go at doing something we love as [...]
Crowdfunding – Creative Financing for Startups
Easily the biggest business killer of a new startup business is the lack of access to financing to get the business off the ground. At the MoneyTalks Cafe we encourage small business owners to create and continually update their business plans. But often business plans for young fledgling businesses are more indicative of aspirations [...]
What Startups Can Learn From Moneyball
We here at the cafe love our baseball. Yeah, it can move slow – it requires a lot of thinking, numbers and analysis, and most of all patience, but what’s so intriguing is how baseball is so much like small business. Baseball is a mind boggling game based on a manipulation of uncanny mathematical statistics. [...]
The Newer, Younger, Better Way to Make Money
It’s crucial to get the inside tips from people who have already found money-making success if you want to follow in their footsteps. That’s why you should check out this video: It’s a bunch of the world’s top young entrepreneurs (like Michael Dunlop and Adam Horwitz) sharing a little bit of inspiration with whoever has [...]
Astonishing Companies Built by Teens
By T. Ciarfalio In an earlier posting we recommended hiring your teen to help you with your business. Today, we want to tell you about entrepreneurs who started their businesses when they were just teens. These young go-getters were featured in a recent American Express Open Forum article entitled, 10 Awesome Companies Built by Teens. [...]
Starting A Consultancy Business
By T. Ciarfalio Entreprenuer.com has published their top three strategies for starting a consulting business in their online posting dated September 2, 2011. It’s a lucrative proposition. According to a 2007 Harvard Business school analysis, the U.S. consulting industry generates nearly $100 billion dollars in revenues each year. Depending on your industry and location, you [...]
Starting Up in a Down Economy
By T. Ciarfalio Ambitious entrepreneurs don’t have to put their ideas on hold during a down economy. If you choose to forge ahead, despite the current downturn, you’ll be in good company. Entrepreneur, Fredrick W. Smith, began FedEx, in 1973, during the oil crisis. In spite of the embargo on oil exports established by several [...]
Carl Schramm on The Lean Startup
By T. Ciarfalio For those of you who haven’t yet had the pleasure, meet Carl Schramm, co-author of Good Capitalism, Bad Capitalism and president of the Ewing Marion Kauffman Foundation. The Kauffman Foundation is the world’s leading organization dedicated to creating new firms and understanding their role in economic growth. At its helm since 2002, [...]