Starting a Business

Do you have what it takes to start a business of your own?

The Entrepreneur featured a post today titled Risks, Rewards, and Entrepreneurship that discusses what it takes, on a personal level, to start and grow a successful business. Starting a business is one of those huge, life-altering events. Think of it as a marriage; running a successful business takes the same depth of commitment and desire....

Start-ups Cost Less?

Another conclusion I take back from the Web 2.0 Expo conference is that prestigious new web 2.0 start-ups are launching on initial investments of “a few hundred thousand dollars” instead of “a few million.” This came out most at the session on venture capital, but it was everywhere around the conference. Picture excitement in the...

Q & A: Sweat Equity at Startup

Question: I am starting a company that will require a substantial amount of financing through private investors. I have an initial seed group of five investors (including myself) who have all put an equal amount of money into the project thus far. Each investor is responsible to raise more capital through outside investors. I created...

Q&A: Where should I establish my business?

Question: I have a question about market research. I am researching opening a pizza restaurant. The restaurant will be located across the street from a new Supercenter Wal-Mart. Do you think a traffic-flow study and market analysis should still be done? Or, could I make some reasonable assumptions based on the fact that Wal-Mart is...

5 Deadly Startup Mistakes

The following article from CNN Money highlights 5 mistakes often made by small business start-ups.  While all 5 points are valid, of particular interest is #5: Loosing Focus. “Every business should have a vision of what they will be when they grow up. And the more focused the vision, the greater the chances that the...

Is Business Ownership Right For You?

Tim Berry recently spoke with Scott Brown about starting a business, why you should and shouldn’t, and why you need a business plan. Listen to the interview here or download for listening later. Download the interview (30mb MP3 file)

More borrowing

I guess it’s a day to talk about borrowing. Here’s another startup that’s formalizing the marketplace for person-to-person borrowing and lending. If you need funds to get your business going, this could be a place to look. Link: Prosper

Borrowing money to get started

Not everyone starting a business get’s VC money. Infact, very few do. For the rest of us, borrowing money from the bank or friends and family is how we start our businesses. A new company on the block helps borrowers and lenders formalize that relationship:LoanBack In some ways, it’s very similar to Circle Lending which...

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