So many crowdfunding options — rewards-based, Title II, Title III and Title IV of the JOBS Act, and intrastate. Oh, my! How does an entrepreneur choose the right option for raising money? It depends. No one size fits all. Your options will vary by: the stage of your company the size of the market that you’re targeting the potential your offering
Entrepreneurship is never smooth sailing. Sometimes, you have the wind at your back. Other times, the seas are choppy and you have to batten down the hatches. It turns out that it’s not how you handle things when conditions are perfect but how you handle them when the winds are blowing at gale force — or when there isn’t a
Are you starting a business for the first time? Are you unsure of the terrain and which path will be the right one for you? No need to fret — The Art of Startup Fundraising: Pitching Investors, Negotiating the Deal, and Everything Else Entrepreneurs Need to Know by Alejandro Cremades can guide you on your journey. “If you don’t know where
Coworking spaces are much more than a space for you to work. After all, if all you want is space, you can work from home, go to your local coffee shop or park at the nearest public library. Coworking spaces are different. They aren’t just alternatives to high-priced office spaces. Many foster a community of support and other amenities such
Workplaces communicate with people. Not to worry. Big Brother isn’t implanting Siri into your office furniture. But the office environment you’ve designed sends a message to the people that work for you. “Workplaces where employees are engaged communicate to the people who work there — and anyone else in them — that their employer values them and the contribution
Strategic alliances can help you grow your company faster. Forming alliances can provide complementary expertise, reduce costs or manage risk. However, ensuring a successful relationship can be tricky. Here are 10 tips to help you succeed. 1. Identify the need Understand where the greatest market potential is. Determine what you need to compete successfully. Is there a gap between what
The startup pitch, also called a pitch deck, has become the most important tool for startups seeking to raise money from angels and venture capitalists online or offline. Forget writing the 25+ page business plan. Investors recognize that you’re going to morph your business model and marketing messages to remain agile. Your time is better spent on perfecting your product or
For many reasons, any entrepreneur should consider raising money through a rewards-based crowdfunding campaign on sites such as Indiegogo, Kickstarter and Plum Alley. However, the case is even more compelling for women. Typically, women have a harder time raising capital ‒ whether equity or debt ‒ than their male counterparts. Not so for crowdfunding. Hebrew University found that female entrepreneurs
Time is your most precious resource as a startup or a small business. Managing time efficiently is key to your success. Luckily, an array of digital tools are available to help you do that and be more productive. “Choosing tools is very personal and should complement the way you like to work,” said Juliana Marulanda, founder of Scale Time, which helps
It has been said that entrepreneurship is a lonely journey, but the most successful entrepreneurs and small business owners don’t do it alone. They benefit from having a strong community around them. Communities offer entrepreneurs and small business owners affirmation that they can succeed, and provide them know-how, advice and role models. Being around others who think bigger, who think
Introverts often get a bad rap, especially in entrepreneurship. Investors, employees and vendors who provide goods and services at a discount to startups are attracted to people who have the gift of gab. Even our work environment has been optimized for extroverts. Open space design, for example, has been heralded for optimizing collaboration and nurturing a strong culture while saving on rent.
Banks have been reluctant to lend money to startups and small businesses, but that doesn’t mean funding is unavailable. The truth is, even before the financial crisis, banks were holding back. According to The State of Small Business Lending: Credit Access during the Recovery and How Technology May Change the Game, the economic crisis from which we are emerging only accelerated
Good news! The United States is adding jobs. The bad news is that the competition for office space is driving up the cost of real estate. Rising real estate costs are especially impacting places like the Bay area, New York City, DC, Los Angeles, Boston and Chicago. “People, followed by real estate, are a company’s most expensive assets,” said George Grace,
Startups know that connecting, networking and collaborating are key to success. Accelerators, incubators and coworking spaces all facilitate interaction in different ways. So how do you know what is right for you? The answer is, of course, it depends. To start your evaluation process, you need to know how each works and what value they offer. A description of each
It seems workers either love open offices or hate them. If you love them, you gush about the increased energy, collaboration, creativity and transparency that comes from impromptu conversations and lack of silos. If you hate them, you complain about decreased productivity, distractions and lack of privacy. The reality is that real estate prices are escalating, and open offices save money.