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            <title><![CDATA[Origin Stories: 11 Moments That Inspired Entrepreneurs to Start Their Own Businesses]]></title>
        <link>https://articles.bplans.com/origin-stories-11-moments-that-inspired-entrepreneurs-to-start-their-own-businesses/</link>
        <comments>https://articles.bplans.com/origin-stories-11-moments-that-inspired-entrepreneurs-to-start-their-own-businesses/#respond</comments>
        <pubDate>Mon, 02 Oct 2017 11:30:12 +0000</pubDate>
        <dc:creator><![CDATA[Briana Morgaine]]></dc:creator>
        		<category><![CDATA[Starting a Business]]></category>
		<category><![CDATA[Success Stories]]></category>
		<category><![CDATA[inspiration]]></category>
		<category><![CDATA[origin stories]]></category>
		<category><![CDATA[small business]]></category>
		<category><![CDATA[startups]]></category>
		<category><![CDATA[YEC]]></category>

        <guid isPermaLink="false">https://articles.bplans.com/?p=59626</guid>
        <description><![CDATA[Most entrepreneurs don’t begin their journey by falling in love with the problem—they begin by falling in love with the solution. Here are the 11 moments that inspired successful entrepreneurs to start their own businesses.
]]></description>
                <content:encoded><![CDATA[<p><span style="font-weight: 400;"><img loading="lazy" class="aligncenter size-full wp-image-59637 img-fluid lightbox " src="https://pas-wordpress-media.s3.amazonaws.com/content/uploads/2017/09/what-inspired-you-to-start-your-business.jpg" alt="" srcset="https://pas-wordpress-media.s3.us-east-1.amazonaws.com/content/uploads/2017/09/what-inspired-you-to-start-your-business.jpg 1000w, https://pas-wordpress-media.s3.us-east-1.amazonaws.com/content/uploads/2017/09/what-inspired-you-to-start-your-business-300x200.jpg 300w, https://pas-wordpress-media.s3.us-east-1.amazonaws.com/content/uploads/2017/09/what-inspired-you-to-start-your-business-768x512.jpg 768w" sizes="(max-width: 1000px) 100vw, 1000px" />Most entrepreneurs don’t begin their journey by falling in love with the problem—they begin by falling in love with the solution. </span></p>
<p><span style="font-weight: 400;">That is to say, it’s not as common to find someone who sat down and thought, “What business should I start?” Rather, the majority of entrepreneurs recognize a problem that exists and </span><a href="https://articles.bplans.com/introducing-lean-planning-how-to-plan-less-and-grow-faster/" target="_blank"><span style="font-weight: 400;">build their business around a solution</span></a><span style="font-weight: 400;">. </span></p>
<p><span style="font-weight: 400;">Whether this is a problem they have personally experienced, or something their friends, family, or those in their current industry wish they had access to, these small moments of “man, I wish that existed,” often serve as the spark the inspires a new business.</span></p>
<p><span style="font-weight: 400;">I asked the entrepreneurs of the </span><a href="https://yec.co/" target="_blank"><span style="font-weight: 400;">Young Entrepreneur Council</span></a><span style="font-weight: 400;"> to share the moments that served as the catalyst that inspired their businesses.  If you’re hoping to become a small business owner, but uncertain where to start, keep your eyes open for similar moments in your own life—it could help you light upon the perfect business idea.</span></p>
<h2>1. They laughed at my idea</h2>
<p><span style="font-weight: 400;">For Suneera Madhani, the inspiration to start </span><a href="http://fattmerchant.com/" target="_blank"><span style="font-weight: 400;">Fattmerchant</span></a><span style="font-weight: 400;">, a subscription membership payment processing company, came when she took the idea to her former employers—and they laughed at her. </span></p>
<p><span style="font-weight: 400;">“For years, I worked in the merchant services industry at a big bank,” says Madhani. “I saw there was a better way to conduct business (without lying to business owners and charging an arm and a leg!) and brought my idea to my bosses. They laughed.” </span></p>
<p><span style="font-weight: 400;">It was clear to Madhani that if she wanted to pursue her idea, she wouldn’t get any support at her current company, as it disrupted the industry status quo. “I knew the industry needed something new, a provider that was there for the business owner, and their reaction just confirmed I had to do it myself,” she says.</span></p>
<h2>2. I suffered from bad acne</h2>
<p><span style="font-weight: 400;">Daisy Jing of </span><a href="https://www.banishacnescars.com/" target="_blank"><span style="font-weight: 400;">Banish</span></a><span style="font-weight: 400;"> had a problem herself, and couldn’t find an effective solution. “I had bad acne and did everything to help clear it up,” says Jing. </span></p>
<p><span style="font-weight: 400;">However, she didn’t launch her product right away; instead, she became a trusted voice on the subject. “I’ve tried hundreds of different beauty products, then I reviewed them and shared,” she says.</span></p>
<p><span style="font-weight: 400;">”I then developed a following of over 50 million views on YouTube and became a trusted source of information. At that time, I was able to make my own natural skin care line. Eventually, my followers saw great results on my skin and encouraged me to launch my own business.”</span></p>
<h2>3. There was missing data on our most engaged fans</h2>
<p><span style="font-weight: 400;">“As an artist manager for 12 years, I was frustrated that we didn’t know who was in the audience,” says Betsy McHugh of </span><a href="http://www.hurdl.com/" target="_blank"><span style="font-weight: 400;">Hurdl, Inc.</span></a><span style="font-weight: 400;">, a platform that collects and analyzes data on audience members from live events. “Even the biggest ticket sellers in the world know less than 20 percent of people at an event.”</span></p>
<p>McHugh noticed a huge missed opportunity to better understand her clients’ consumer base. “We were missing sales opportunities because you can’t market to people you don’t know,” she says. “I believed bringing the audience into the live-event experience was the solution—and it is.”</p>
<h2>4. I noticed that law firm websites weren’t well-designed</h2>
<p><span style="font-weight: 400;">Have you ever seen something so poorly executed you thought, “I could do that </span><i><span style="font-weight: 400;">way </span></i><span style="font-weight: 400;">better!” That’s how Peter Boyd, a lawyer, began </span><a href="https://www.paperstreet.com/" target="_blank"><span style="font-weight: 400;">PaperStreet Web Design</span></a><span style="font-weight: 400;">, which he began as a reaction to the terrible websites law firms used. “I started PaperStreet over 15 years ago because most law firms websites were horrible,” he says. “Actually, many law firm sites are still horrible, but they are getting better collectively.” </span></p>
<p><span style="font-weight: 400;">He set out to fix the problem himself: “I started by creating websites for law firms, while still practicing law at the same time,” says Boyd. “At a certain point, I simply enjoyed building websites more than giving legal advice, and decided to take the plunge full-time.”</span></p>
<h2>5. As a customer, I was angry</h2>
<p><span style="font-weight: 400;">Anger was the driving force behind Benjamin Berman’s foray into entrepreneurship, which led him to start </span><a href="https://www.o4g.com/" target="_blank"><span style="font-weight: 400;">Optimize For Growth</span></a><span style="font-weight: 400;">, a business management tool. </span></p>
<p><span style="font-weight: 400;">“I was appalled at how college student customers were being addressed in such a patronizing way by companies stumbling over themselves trying to be cool. Between all the phony ‘dude, bro’ marketing and trashy goods marked up to the extreme, my earlier experience as a customer made me go out and create a place where college kids are treated like real people and sold real goods.”</span></p>
<h2>6. I was looking for freedom</h2>
<p><span style="font-weight: 400;">When Bryce Welker had the idea for </span><a href="https://gryfin.com/" target="_blank"><span style="font-weight: 400;">Crush Empire</span></a><span style="font-weight: 400;">, he saw it not only as a way to have more control over his life by becoming his own boss, but also as a way to empower those in his industry. “I came up with my business idea while shackled to my desk at an accounting firm,” says Welker. “I wanted the</span><span style="font-weight: 400;"> freedom </span><span style="font-weight: 400;">of running my own business, and by starting my website, I could give future CPA exam test takers more </span><span style="font-weight: 400;">freedom </span><span style="font-weight: 400;">in their lives.”</span></p>
<p><span style="font-weight: 400;">For Welker, this was a win-win—not only did he get to </span><a href="https://www.bplans.com/downloads/self-employment-checklist-free-download/" target="_blank"><span style="font-weight: 400;">start his own business and work for himself</span></a><span style="font-weight: 400;">, but his business had the potential to change the lives of others in his field, and improve the industry as a whole. “I knew how to </span><span style="font-weight: 400;">disrup</span><span style="font-weight: 400;">t an industry and realized my experience could help others avoid my mistakes—a win for everyone,” says Welker.</span></p>
<h2>7. I noticed stability—and opportunity—during a crisis</h2>
<p><span style="font-weight: 400;">Sometimes it takes a bad situation to highlight the need for a solution—and it was in this way that Luigi Wewege developed the idea for his business, </span><a href="http://www.viviergroup.com/" target="_blank"><span style="font-weight: 400;">Vivier Group</span></a><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">“The financial crisis of 2007/08 had little effect on the New Zealand banking sector, due to their much sterner regulation,” he says. “Post-crisis, I began to notice an increase in people from around the world inquiring about the attractive rates offered within the country. Thus, the idea was born to service these international depositors wanting to receive higher interest rates on their savings.”</span></p>
<p><span style="font-weight: 400;">Keep in mind</span><span style="font-weight: 400;">, of course, that there’s a fine line between exploitation of a crisis and creating something to fill a real need. However, it’s smart thinking to consider how you can potentially create an innovative answer to an existing problem that has arisen out of a crisis.</span></p>
<h2>8. I wanted to help others in my shoes</h2>
<p><span style="font-weight: 400;">If you’ve spent days, weeks, or months teaching yourself how to do a difficult task, you’d probably be the first one to speak up if your friend had any questions, or was wondering where to start. Being able to share her extensive knowledge on sales is what inspired Leah Neaderthal to start her business </span><a href="http://growthworkssolutions.com/" target="_blank"><span style="font-weight: 400;">Growthworks Solutions</span></a><span style="font-weight: 400;"> as a way to help other entrepreneurs who were unsure of how to approach the process of selling.</span></p>
<p><span style="font-weight: 400;">“When I started my first business, I didn&#8217;t know anything about sales or selling,” says Leah Neaderthal.  “It took me years of teaching myself, reading everything I could, trying every approach, to truly develop a selling style that worked and didn&#8217;t feel sales-y.” </span></p>
<p><span style="font-weight: 400;">Neaderthal knew she wasn’t the only new entrepreneur who was uncertain how to be their own salesperson. “I know so many other entrepreneurs struggle with this, so my business shortcuts for them what it took me years to learn, so they can grow their businesses too.”</span></p>
<h2>9. I attended a philanthropy concert event</h2>
<p><span style="font-weight: 400;">“It started as a fraternity philanthropy concert: I made shirts to sell as a fundraiser and put on a concert,” says Tony Poston of the creation of his business, </span><a href="http://www.chthreads.com/" target="_blank"><span style="font-weight: 400;">College Hill Custom Threads</span></a><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">Though selling t-shirts started out as a way to raise money for a single event, Poston discovered that his new business idea </span><span style="font-weight: 400;">enabled</span><span style="font-weight: 400;"> him to fulfill his passion for working with universities, and also </span><span style="font-weight: 400;">allowed </span><span style="font-weight: 400;">him to move back to his college town. “I couldn&#8217;t be happier in a small town, living the dream,” he says.</span></p>
<h2>10. I wanted to extend the spirit of holiday giving</h2>
<p><span style="font-weight: 400;">If you’ve ever given to a family during the holidays, you know that it feels rewarding to help others in your community. Thomas Doochin of </span><a href="http://www.daymaker.com/" target="_blank"><span style="font-weight: 400;">Daymaker</span></a><span style="font-weight: 400;"> wanted to take this spirit of giving even further: “We started Daymaker as a side-project in college to make holiday adopt-a-family more connective and more transparent for our own families&#8217; giving,” he says. “Three weeks after launching, thousands of parents and kids around the country had used the platform for their holiday giving.”</span></p>
<p><span style="font-weight: 400;">The success was unexpected, but it presented an opportunity for Doochin to continue focusing on brightening the lives of children in need. “We then realized the impact we could have if we catered a giving experience around kids—specifically birthdays.”</span></p>
<h2>11. A patient asked a question</h2>
<p><span style="font-weight: 400;">If you constantly hear “I wish you guys did XYZ!” in your industry, this might be a sign that there is a niche you can fill. </span></p>
<p><span style="font-weight: 400;">“The idea for Opternative came about when a former patient of mine asked the question, ‘Why can&#8217;t we do this eye exam at home?’” says Steven Lee of </span><a href="https://www.opternative.com/" target="_blank"><span style="font-weight: 400;">Opternative</span></a><span style="font-weight: 400;">. </span></p>
<p><span style="font-weight: 400;">Lee realized how difficult it was to come into the office for eye exams for some his patients, and decided to create a solution to that problem. “My patient was a single mother who found it difficult to visit the clinic for regularly; she required a lot of routine visits to check on her glasses prescription strength, and a system that could be utilized at home was something that would make her life a lot easier.” </span></p>
<p><b>What inspired your business idea? Share this article on Facebook or Twitter and let us know, or reach out to me directly <a href="https://twitter.com/BrianaMorgaine" target="_blank">@BrianaMorgaine</a>!</b></p>
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            <title><![CDATA[How to Use Growth Hacking to Increase Revenue 20x in Just 12 Months]]></title>
        <link>https://articles.bplans.com/how-to-use-growth-hacking-to-increase-revenue-20x-in-just-12-months/</link>
        <comments>https://articles.bplans.com/how-to-use-growth-hacking-to-increase-revenue-20x-in-just-12-months/#respond</comments>
        <pubDate>Tue, 26 Jul 2016 11:00:25 +0000</pubDate>
        <dc:creator><![CDATA[Jose Cayasso]]></dc:creator>
        		<category><![CDATA[Sales and Marketing]]></category>
		<category><![CDATA[Starting a Business]]></category>
		<category><![CDATA[Success Stories]]></category>
		<category><![CDATA[growth hacking]]></category>
		<category><![CDATA[growth tactics]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[Slidebean]]></category>
		<category><![CDATA[social media]]></category>

        <guid isPermaLink="false">https://articles.bplans.com/?p=54134</guid>
        <description><![CDATA[Startup Slidebean increased their monthly recurring revenue by 20x in the span of 12 months, using cheap or low-cost growth hacking methods. Sounds impossible, doesn't it? Turns out, it's totally doable. Here's how they did it. ]]></description>
                <content:encoded><![CDATA[<p><img loading="lazy" class="aligncenter wp-image-54139 size-full img-fluid lightbox " src="https://pas-wordpress-media.s3.amazonaws.com/content/uploads/2016/07/Screen-Shot-2016-07-25-at-10.28.22-AM.png" srcset="https://pas-wordpress-media.s3.us-east-1.amazonaws.com/content/uploads/2016/07/Screen-Shot-2016-07-25-at-10.28.22-AM.png 686w, https://pas-wordpress-media.s3.us-east-1.amazonaws.com/content/uploads/2016/07/Screen-Shot-2016-07-25-at-10.28.22-AM-300x215.png 300w" sizes="(max-width: 686px) 100vw, 686px" /></p>
<p>Between January 2015 and January 2016, we grew our platform <a href="http://slidebean.com/" target="_blank">Slidebean</a> from $1K to $20K in monthly recurring revenue. I’m going to go over the approach that we followed and the most successful growth tactics that we implemented during this period.</p>
<p>If you’re interested in figuring out how you can growth hack your way to success, keep reading!</p>
<p>Just for reference, <a href="http://slidebean.com/" target="_blank">Slidebean</a> is a SaaS presentation software where users can add content, and a finished presentation is designed automatically.</p>
<p>Getting the first tracks of revenue is one of the toughest processes of building a startup. The chicken-egg issue of getting customers to your platform while you don’t have any money to spare is a puzzle that many companies are unable to figure out at all.</p>
<p><strong>If you’re building a startup, you’re likely to be in one of these two situations:</strong></p>
<ol>
<li>Launching and selling a new product that nobody’s ever heard about, and probably don’t even know they need, or&#8230;</li>
<li>Improving an existing product or service, which means that you’re going head on against someone with more traction, people, and money than you.</li>
</ol>
<p>We call growth hacking the process of figuring out this extremely complex puzzle of selling a product better and faster than anyone else. If you can’t do that, then someone is going to outgrow you sooner or later.</p>
<p>In this article, I’ll go through the steps and the strategy we followed to achieve this and successfully solve this maze.</p>
<div class="see-also"><span>See Also:&nbsp;</span><a href="https://articles.bplans.com/the-ultimate-guide-to-starting-a-software-company/" target="_blank">How to Plan, Start, and Grow a Successful SaaS Company</a></div>
<h2>Picking the right team</h2>
<p>One of the most commons problems I see with startups that I’ve come across is the lack of a “growth team.”</p>
<p>Let’s face it, working on the product is awesome—seeing it evolve, figuring out new features, and witnessing them as they come alive. Selling a product is a tough process, full of “no’s,” whether they come on the phone with a prospect or as a low conversion rate on your landing page.</p>
<p>I strongly believe that the first few hires of a startup should belong to the growth department, whether they’re marketers, community managers, or salespeople (selling your product is the best way to learn how to improve it).</p>
<h3><strong>This is what our hiring landscape looked like over the past year:</strong></h3>
<p><strong>Pre-2015, we hired three founders:</strong></p>
<ul>
<li>1x hustler in charge of strategic growth hacking</li>
<li>1x hacker in charge of product/development</li>
<li>1x hipster working with both product and growth</li>
</ul>
<p><strong>Then, in 2015, this is who we added to the team:</strong></p>
<ul>
<li>Jan-15: Head of Customer Success (growth team)</li>
<li>Apr-15: Head of Marketing (growth team)</li>
<li>Jun-15: Community Manager (growth team)</li>
<li>Aug-15: Head of Sales (growth team)</li>
<li>Nov-15: Graphic Designer (growth/product)</li>
<li>Dec-15: Developer (product team)</li>
</ul>
<p>We spent a year building a solid sales and growth team before we even expanded our product team. My best advice here would be to ensure that the people you hire are able (and willing) to handle a large number of different tasks, that might be far from their original job description.</p>
<p>The reality of growth hacking is that it’s a trial and error process. The faster your try and measure the effectiveness of a growth idea, the faster you’ll make it or break it and be able to move to the next one.</p>
<div class="see-also"><span>See Also:&nbsp;</span><a href="https://articles.bplans.com/a-complete-guide-to-forecasting-sales-for-your-monthly-subscription-business/" target="_blank">A Complete Guide to Forecasting Sales for Your Monthly Subscription (SaaS) Business</a></div>
<h2>Lean marketing</h2>
<p>We approach our growth tactics with a monthly brainstorm session with all the growth team. No idea is bad—we write them all on a blackboard and then select the ones we like best. Our budget for most experiments is $500 to $1K, and we try to run two experiments per month. These may range from joining an affiliate marketing platform to trying new Google AdWords keywords.</p>
<p><a href="https://www.liveplan.com/blog/2016/03/what-startup-metrics-should-i-track/" target="_blank">This is when metrics come into play.</a> Your customer acquisition cost and lifetime value are the two magical numbers you need to calculate for each one of your campaigns. The cornerstone of any business is that LTV &gt; CAC.</p>
<p><strong>Cost of Acquisition (CAC):</strong> The total cost of acquiring a user through a given channel. This includes ads, team costs (fraction of your weekly work hours invested), and any other effort required.</p>
<p><strong>Customer Lifetime Value (LTV):</strong> The potential revenue that you’ll be receiving from a given user. In a SaaS business, this is calculated based on churn. For ecommerce, this is based on transaction size, commission, and chances of the user returning.</p>
<p><strong>If you are measuring these two correctly, you can make simple rules/decisions based on your results:</strong></p>
<ul>
<li>If the CAC is over twice the LTV don’t even bother—this channel is likely not going to work.</li>
<li>If the CAC is above the LTV, but not too much—there’s some potential in this channel. Assign some budget for the next period and keep experimenting.</li>
<li>If the CAC is equal to or under the LTV, there’s big potential here. Most campaigns can be optimized to increase conversion rates and lower costs. Increase budget for the next period.</li>
</ul>
<p>Using this approach, we’ve been able to identify a number of profitable customer acquisition channels for Slidebean. Once a channel is identified, we increase its budget by approximately 50 percent each month, until the channel is &#8220;depleted.&#8221; We call a channel &#8220;depleted&#8221; when we can no longer get more users from it, or when increasing budget results in an unsustainable LTV-CAC ratio.</p>
<p>There are a number of other variables here like virality (the chances of a user referring another user), but I don’t want to overcomplicate things.</p>
<div class="see-also"><span>See Also:&nbsp;</span><a href="https://articles.bplans.com/the-top-10-tools-for-tracking-your-web-metrics/" target="_blank">The Top 10 Tools for Tracking Your Web Metrics</a></div>
<h2>Successful and failed experiments</h2>
<p>I’ll be going over some of the tests we did and our results. This is clearly our data, and it might or might not apply to your company. Hopefully, however, it will serve as a guide to planning and budgeting your own tactics.</p>
<p>I’ve also added a note about the potential cost of each campaign, which should help determine if it makes sense for your company.</p>
<h3>1. Users who <em>love</em> your product (cheap or free)</h3>
<p>It’s no joke that your users are your best advertisers. From day one, your focus needs to be on creating a product that people will love using. People love products that save them a tremendous amount of time or money. They also love beautifully crafted design, or even exclusivity.</p>
<p>We’ve invested a lot in making our users feel like they are our friends. From small details like a friendly and casual tone in all our messaging, to large strategic investments like hosting live 24/7 support, our customers feel like they know us personally, and that gets them to create a deeper connection with our product.</p>
<p>Perhaps the best example of this effort is the care package each of our clients receives when the subscribe: we send them a hand-signed postcard by the team, and a set of stickers. We’ve shipped hundreds of letters around the world and we’ve found that users that received a card churn 50 percent less.</p>
<p>Especially in the early stages, keeping a relationship with your customers can be paid off exponentially, not only in overall engagement but with extremely valuable word of mouth marketing.</p>
<h3>2. Masterful onboarding (cheap)</h3>
<p>If there’s something that we’re really proud of in Slidebean, it’s our onboarding emails. We’ve been working <a href="https://www.intercom.io/" target="_blank">Intercom</a> for over a year now and they have been key to our success.</p>
<p>Intercom allows you to build drip email campaigns based on specific actions users take on your site. As you evolve your user base, you can get down to tiny details and email users based on very specific actions, which makes them feel you are reaching out to them personally rather than automatically.</p>
<p>For instance, we target users based on their language, the type of customer they are (startups, marketers, consultants, academic) and based on the actions they take on their site. Thanks to Intercom’s powerful tracking and automatic emails, we know when a startup founder finished and shared a deck. We can then email them at the right time to take an action or upgrade their account with a message that is so specifically crafted that they often assume it was only sent to them.</p>
<p>Our onboarding consists of over 200 different emails based on our audiences, and we continue to improve it every week. This optimization results in emails with an open rate greater than 60 percent and a click through rate greater than 20 percent—an unimaginable metric if we were just sending emails blindly.</p>
<h3>3. Big press (cheap or free)</h3>
<p>While it’s not a sustainable growth channel because you simply can’t get featured every week, kicking off with a major tech press publication definitely helps. While it has a direct impact on traffic it also helps with overall SEO, brand recognition, and it allows you to brag on your website and on your ads, which improves conversion rates.</p>
<p>Nailing an article in a major tech blog is a hit or miss, but I’ve successfully managed to get two of our product launches featured in Techcrunch and TheNextWeb. Getting published is a combination of luck, creativity, and most importantly, relationships.</p>
<p>I keep a spreadsheet of all the reporters I’ve met, emailed, tweeted or had any contact with in any way, and I make it a priority to stay in touch with them every other month or so. The truth is that you can’t simply pitch a reporter over email and expect to be picked up. While it’s worked for me a couple times, you can’t rely on them getting your email or even getting back to you.</p>
<p>For the launch of Slidebean, we came up with a concept to get reporters’ attention through Twitter or Instagram first, and once we were able to interact with them through those channels, we sent them an email. Luckily, we had our team spread across the world and were able to get these (real) shots without spending a fortune:</p>
<p><img loading="lazy" class="wp-image-54140 size-full aligncenter img-fluid lightbox " src="https://pas-wordpress-media.s3.amazonaws.com/content/uploads/2016/07/guest-2.png" srcset="https://pas-wordpress-media.s3.us-east-1.amazonaws.com/content/uploads/2016/07/guest-2.png 702w, https://pas-wordpress-media.s3.us-east-1.amazonaws.com/content/uploads/2016/07/guest-2-300x241.png 300w" sizes="(max-width: 702px) 100vw, 702px" /> <img loading="lazy" class="aligncenter wp-image-54141 size-full img-fluid lightbox " src="https://pas-wordpress-media.s3.amazonaws.com/content/uploads/2016/07/guest-3.png" alt="guest #3" srcset="https://pas-wordpress-media.s3.us-east-1.amazonaws.com/content/uploads/2016/07/guest-3.png 641w, https://pas-wordpress-media.s3.us-east-1.amazonaws.com/content/uploads/2016/07/guest-3-300x292.png 300w, https://pas-wordpress-media.s3.us-east-1.amazonaws.com/content/uploads/2016/07/guest-3-46x46.png 46w" sizes="(max-width: 641px) 100vw, 641px" /></p>
<p>We selected a few reporters that wrote about our space (had expertise in it) and started shooting pictures through their social networks. Instagram felt like a good idea at first since many of them don’t have a lot of followers and activity, but in the end Twitter gave us better results.</p>
<p>With a nice &#8220;Can I email you about Slidebean?&#8221; tweet we got a great response rate and moved our conversation to email. The outcome of this? Two major publications on the launch of our platform:</p>
<ul>
<li><a href="http://thenextweb.com/apps/2014/06/04/dreamit-ventures-slidebean-hopes-instagram-presentations/" target="_blank">DreamIt Ventures’ Slidebeam Hopes to Be Instagram for Presentations</a></li>
<li><a href="https://techcrunch.com/2014/06/04/slidebean-launches-to-give-prezi-a-run-for-its-money/" target="_blank">Slidebeam Launches to Give Prezi a Run for Its Money</a></li>
</ul>
<p>The press buzz around the launch nailed us about 8,000 signups on the platform in the course of a week and that was all referral traffic from these articles.</p>
<p>One important thing to consider is that these are very targeted audiences: startups, VC’s, and so on. If you are not focused on serving those users, then you might not get a lot of value out of this effort. Also, many of them will just sign up to look around and not come back ever but hey, it’s free traffic!</p>
<h3>4. Small press (cheap or free)</h3>
<p>It’s significantly easier to get a press mention from smaller bloggers or internet evangelists (Youtube, Scoop.it). They’re usually on the lookout for great content to share on their websites, and it’s easy to get them to feature you if you have a product they like.</p>
<p>Don’t underestimate small blogs! While their communities are much smaller, the engagement rate is significantly higher and they will continue to bring you valuable traffic as time moves on.</p>
<h3>5. Google AdWords or SEM (expensive)</h3>
<p>We avoided investing in Google AdWords for months because of how expensive it is. Still, it’s become one of our most profitable acquisition channels, and more importantly an excellent way to test new customer verticals and target markets.</p>
<p>Search ads are expensive, however. Be prepared to pay at least $1 per click for any decent keyword in the U.S. (this drops by $0.30-$0.50 in other countries). This means that you need to convert customers very efficiently if you want to get positive unit economics out of it. We found that the best performance we could get out of a landing page was about 40 percent conversion to (free) sign up, which means that a sign-up can’t cost less than about $2.50.</p>
<p>The best way to optimize in Google Adwords is to be extremely specific with your targeting. <a href="https://articles.bplans.com/how-a-buyer-or-user-persona-can-improve-your-business/" target="_blank">Build a profile of your ideal customer</a> (Where do they work? How old are they? What do they do? What would they type in a Google search?). In other words, get in your customer’s head and figure out what they’d be looking for.</p>
<p>For example, “presentation software” is an extremely broad keyword phrase that anyone from students to employees of large businesses could enter in Google. On the other hand, we identified that phrases like “pitch deck” that are significantly more specific about their audience: startup founders looking to pitch investors.</p>
<p>Identifying keywords like <a href="http://slidebean.com/pitch-deck-template/" target="_blank">&#8220;pitch deck template&#8221;</a> allowed us not only to find positive unit economics in SEM, but to focus our SEO efforts accordingly.</p>
<div class="see-also"><span>See Also:&nbsp;</span><a href="https://articles.bplans.com/what-to-include-in-your-pitch-deck/" target="_blank">The 11 Slides You Need to Have in Your Pitch Deck</a></div>
<h3>6. Display ads (cheap)</h3>
<p>You’ll find that display ads are much cheaper than search ads, and the main reason is the moment of intent. If a person runs a search for “digital cameras,” they’ve already made the decision to purchase one, and it’s just a matter of which one and where to buy it. The moment of intent is clear and the customer is further down the acquisition funnel.</p>
<p>With display ads, you are targeting the customer further away in the acquisition funnel, and at a moment when they are not particularly interested in making a purchase or trying a new product out.</p>
<h4><strong>Display ads for sign ups: Fail</strong></h4>
<p>We started experimenting with Facebook Ads, which felt significantly cheaper than Google AdWords. We created a set of beautiful designs with a “Sign Up” call to action, only to find that the click through rate never went above 0.5 percent (with Facebook you should aim for at least 1 percent).</p>
<p>This resulted in a $10 cost per sign up, and lower than average activation rates. The reason was simple: We were targeting people while they were procrastinating on Facebook, a terrible time to ask them to go through an onboarding process. We saw similar results with Twitter, LinkedIn, and Reddit ads, and moved on.</p>
<h4><strong>Video ads: Fail</strong></h4>
<p>We also tried running some Facebook and Youtube video campaigns and saw little success. While the cost per video impression is usually around the $0.05 (and you only get charged if a user sees more than 30 seconds), we saw very little conversion rate from the video to the landing page.</p>
<h4>Display ads for content promotion: Success</h4>
<p>Eventually, we figured that promoting content through display ads gave us significantly better click through rates, up to three percent or even five percent for some audiences. The reason is clear, while hanging around on social media sites, users are actually consuming content, so it feels more natural to click and read through a piece of content that seems interesting.</p>
<p>Promoting content does not necessarily result in sign ups, so the measure of the success of a content campaign is rather different. It relates to content shares, brand awareness, and even position in search engines, so measuring CAC here can be a whole different challenge.</p>
<h4>Retargeting through display and video ads: Success</h4>
<p>We also found that running retargeting campaigns was extremely cheap. For the past few months, we’ve been running retargeting ads with a budget of about $500 a month and getting around 750,000 ad impressions in return.</p>
<p>While conversion rates and cost of acquisition through retargeting is not particularly outstanding, we like to think that there’s an underlying, unmeasurable added value of brand exposure that is achieved through retargeting. Honestly, there is no way for us to know that users are converting better because they get to see our ads everywhere, but we’re willing to allocate a fraction of our marketing budget to this cause.</p>
<h3>7. Blog or content marketing (cheap or free)</h3>
<p>If I could go back in time to when we first launched our product, one of the first things I’d do differently is run a blog from day one. At this point, the <a href="http://slidebean.com/blog-home" target="_blank">Slidebean blog</a> gets around 20,000 visitors per month, and we’ve found that users that convert from the blog are more engaged and stay much longer, resulting in the highest LTV from our current acquisition channels.</p>
<p>Other great startup blogs to look at are <a href="https://buffer.com/" target="_blank">Buffer</a> and <a href="https://baremetrics.com/" target="_blank">Baremetrics</a>; blogs have become the main customer acquisition channel for those companies.</p>
<p>Once you have an ideal profile of your customer, it becomes simple and rather obvious to blog about topics that are interesting to those audiences. It gets your brand in front of them; if the content is good it will be organically shared to their peers, and sooner or later users will end up knowing you.</p>
<p>Onboarding and converting blog readers is a much longer process, but by using a combination of retargeting ads with well-crafted email drip campaigns, you can start improving this process. On our blog, we are using <a href="https://sumome.com/" target="_blank">SumoMe</a> to aggressively collect emails who we then target with <a href="http://mailchimp.com/" target="_blank">Mailchimp.</a></p>
<h3>8. Reddit (cheap or free)</h3>
<p>If you don’t know <a href="https://www.reddit.com/" target="_blank">Reddit,</a> it’s about time you start getting familiar. Reddit is a content sharing community that gets short of 20 million visitors each month. With thousands of sections about specific topics (called subreddits), Reddit is an ideal place to find and engage with target customers.</p>
<p>I’ve never seen a sense of community similar to the one you can find on Reddit, and this is why you’ll need to spend a few weeks getting familiar with the language, tone, and type of publications that get shared and spread in the community. If you’re able to get a hang of it, however, it can become a strong and close to free distribution channel for your product or service.</p>
<p>We “hacked” Reddit by sharing our blog content in the startups, entrepreneurs, and small business subreddits, and making sure it got high visibility. If your content is truly good, you’re looking at a few thousand reads from ideal customer prospects, not to mention the SEO benefit.</p>
<h3>9. Twitter and Quora conversations (free)</h3>
<p><a href="https://twitter.com/?lang=en" target="_blank">Twitter</a> and <a href="https://www.quora.com/" target="_blank">Quora</a> are two great places to find conversations relevant to the problem you’re solving (as a matter of fact if you can’t find any questions or discussions, then you really should reconsider the way you’re positioning your product or service).</p>
<p>Get used to monitoring Twitter conversations around your vertical and try to engage with as many as you can. Make sure to sound interested and casual and avoid just selling your product or pointing people to your landing page. Sometimes it’s better to promote content that you’ve published and only share your product’s homepage when they are explicitly looking for what you have to offer.</p>
<p>A similar situation occurs in Quora. Lurk around the site for any topics that relate to you and jump in to answer as soon as you find something. Also, get your team to upvote and comment on your posts to make sure they get some extra visibility.</p>
<h3>10. Instagram and Twitter automation (cheap)</h3>
<p>When it comes to community building, you might want to start outside of Facebook. Facebook has become so competitive (and therefore expensive) that your organic reach in the platform is practically zero percent.</p>
<p>We’ve seen great success by hacking Twitter using <a href="http://buzzsumo.com/" target="_blank">Buzzsumo</a> and <a href="https://hootsuite.com/" target="_blank">Hootsuite.</a> Buzzsumo lets you find and export a list of Twitter handles that have shared a specific article, and then Hootsuite lets you automatically tweet them a personalized message based on their actions.</p>
<p>For example, we find users who have recently tweeted articles about a specific topic; say, pitch deck design. We export that list as a CSV and then create a spreadsheet with automatic tweets that look something like this:</p>
<blockquote>
<p style="text-align: left;">“@user, noticed you shared that article on pitch deck design. We just published one that you might like as well: link”</p>
</blockquote>
<p>With that tweet content, the reader assumes that you actually follow them and are aware of the content they share, and they are significantly more likely to click, favorite, love, or even retweet your post. We then upload the spreadsheet to Hootsuite and batch-post it, 350 tweets at a time.</p>
<p>We do something a little different with Instagram using a tool called <a href="https://instagress.com/" target="_blank">Instagress,</a> which allows you to automatically follow, like, or comment on photos with specific hashtags or from specific locations. If you bring <a href="https://twitter.com/instamole" target="_blank">Instamole</a> into the mix, you can even automate responses to people who follow specific pages (like your competitors).</p>
<p>This way, you can grow your Instagram user base significantly with only a few bucks, and expose your brand to a network that has literally a 100 percent organic reach. You can <a href="https://www.reddit.com/r/Entrepreneur/comments/3fzt1w/instagram_marketing_101_from_a_rookie_i_lost/" target="_blank">find some more details about this hack here.</a></p>
<div class="see-also"><span>See Also:&nbsp;</span><a href="https://articles.bplans.com/7-key-metrics-every-business-owner-monitor/" target="_blank">The 7 Key Metrics Every Business Owner Should Monitor</a></div>
<h2>What growth comes down to</h2>
<p>In the end, the success or failure of your marketing campaigns and your startup depends on how fast you can iterate over your growth tactics, and how quick you are to identify the good and the bad channels.</p>
<p>Following this “scientific” approach when testing new growth channels is what allowed us to pick the right campaigns and scale them accordingly. Whether you are on a tight budget or not, the key to growth is identifying these profitable acquisition channels as soon as possible, and being on top of the numbers at all times.</p>
<p>In the end, <a href="https://articles.bplans.com/7-key-metrics-every-business-owner-monitor/" target="_blank">your metrics will give you the answer.</a> Make it a rule of thumb across your team to keep a tight control on the time they’re spending in each channel and the amount and quality of the traffic you’re getting.</p>
<p>Keep experimenting and keep brainstorming—you are literally in a race to figuring this out before you run out of money, or before your competitor outranks you.</p>

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            <title><![CDATA[I Started My First Business at Age 9: Here&#8217;s What Kids Can Learn from Being Entrepreneurs]]></title>
        <link>https://articles.bplans.com/i-started-my-first-business-at-age-9-heres-what-kids-can-learn-from-being-entrepreneurs/</link>
        <comments>https://articles.bplans.com/i-started-my-first-business-at-age-9-heres-what-kids-can-learn-from-being-entrepreneurs/#respond</comments>
        <pubDate>Tue, 19 Jul 2016 11:30:23 +0000</pubDate>
        <dc:creator><![CDATA[Tori Dunlap]]></dc:creator>
        		<category><![CDATA[Starting a Business]]></category>
		<category><![CDATA[Success Stories]]></category>
		<category><![CDATA[entrepreneurship]]></category>
		<category><![CDATA[inspiration]]></category>
		<category><![CDATA[lessons learned]]></category>
		<category><![CDATA[young entrepreneurs]]></category>

        <guid isPermaLink="false">https://articles.bplans.com/?p=53997</guid>
        <description><![CDATA[One childhood entrepreneur shares the life and business lessons she learned while running her first business. If you think entrepreneurship is only for adults, think again.]]></description>
                <content:encoded><![CDATA[<div id="attachment_54025" style="width: 660px" class="wp-caption aligncenter"><img aria-describedby="caption-attachment-54025" loading="lazy" class="wp-image-54025 size-full img-fluid lightbox " src="https://pas-wordpress-media.s3.amazonaws.com/content/uploads/2016/07/Tori-Dunlap-and-Tori.png" alt="Tori Dunlap and Tori" srcset="https://pas-wordpress-media.s3.us-east-1.amazonaws.com/content/uploads/2016/07/Tori-Dunlap-and-Tori.png 650w, https://pas-wordpress-media.s3.us-east-1.amazonaws.com/content/uploads/2016/07/Tori-Dunlap-and-Tori-300x185.png 300w" sizes="(max-width: 650px) 100vw, 650px" /><p id="caption-attachment-54025" class="wp-caption-text">Tori Dunlap and the much younger Tori who bought her business!</p></div>
<p>When I was nine years old, I never dreamed that the small, quarter vending machine I owned would turn me into a small business owner and a college graduate.</p>
<p>Wanting to inspire a sense of entrepreneurship and business in his daughter, my dad brought home a vending machine he had purchased from a friend. Setting it down in front of me in our living room, he asked—in all seriousness—“Do you want to start a business?”</p>
<p>I owned 15 quarter vending machines by the time I left high school, with all of the profits going toward my college fund. In addition to being a great bonding experience for my family, I cannot tell you how many skills I learned from starting and growing my very own venture that helped me gain responsibility (and looked darn good on every application I&#8217;ve ever submitted).</p>
<p>After graduating last month from the University of Portland with focuses in marketing, social media, theater, and entrepreneurship, I am thrilled to pass on my story to fledgling entrepreneurs. Since selling the last of my business at age 21 to a 10-year-old (also named Tori, because that&#8217;s just how this crazy world works), I now get to mentor her through the process.</p>
<div class="see-also"><span>See Also:&nbsp;</span><a href="https://articles.bplans.com/starting-a-business/" target="_blank">Starting a Business Guide</a></div>
<h2>5 skills I learned running my own business:</h2>
<p>Here are five things I learned as a kid entrepreneur that set me up for success in a workplace (and beyond).</p>
<h3>1) Money management</h3>
<p>You think an allowance will help kids learn about how to manage their money? Try being a business owner.</p>
<p>Nine-year-old me would literally roll her profits (I cannot tell you how many quarters my hands have touched over the past decade) and take them to the bank, where I had a checking and savings account in my name.</p>
<p>I had to research the best value product to put in my machine—and the cheapest place to buy it. I had to discover how much or how little product to give per quarter, and how this affected my profit margins. Heck, I had to know what a profit margin was! I had to understand when the correct time to expand (buy another machine) was, and when it was better to hold off.</p>
<p>Understanding both personal and professional finances is one of the most important life lessons to learn—the earlier the better. By having a good grasp on spending, saving, budgets, and margins, you show you’re knowledgeable and responsible with money.</p>
<div class="see-also"><span>See Also:&nbsp;</span><a href="https://articles.bplans.com/cash-flow-101-the-basics/" target="_blank">Cash Flow 101: The Basics</a></div>
<h3>2) Pitching to clients and how to cold call</h3>
<p>Nothing&#8217;s cuter than a tween (with the assistance of her father) handing you a contract and telling you that she will clean and service a machine every month if you give her rent-free space to place it.</p>
<p>I had to highlight why I was valuable to the business and negotiate (mostly what candy was going to go into each slot!). I had to be fearless and confident—learning these skills at a young age saved me from stuttering through presentations later in life. For most people, cold calling is absolutely terrifying, but learning to get over this fear at a young age has grown my confidence. In fact, I recently took second place at an elevator pitch competition in Denver using my past experiences to inform my confidence.</p>
<div class="see-also"><span>See Also:&nbsp;</span><a href="https://articles.bplans.com/elevator-pitch-guide/" target="_blank">Elevator Pitch Guide</a></div>
<h3>3) The value of knowing everything about what you&#8217;re selling</h3>
<p>Ask me anything about three-head, metal Routemaster vending machines and the candy that goes in them. I can tell you what products sell at certain locations, and which ones don&#8217;t (Hot Tamales stick together, so place them in air conditioned locations). I can tell you which way the gears turn, and how many M&amp;Ms go in an average handful. I can tell you the best place to put a machine to get the most foot traffic.</p>
<p>I can also tell you the not-so-fun stuff, like which products melt easily, and which ones are especially attractive to rats (the Disgusting Rat Incident of 2011 is a story for another time). I learned all of this and more from experience—and I was able to turn that experience into profit.</p>
<p>Truly understanding what you&#8217;re selling displays confidence and credibility, as does truly believing in it. Comprehending the ins and outs of your product and business shines through when speaking with customers and clients.</p>
<div class="see-also"><span>See Also:&nbsp;</span><a href="https://www.bplans.com/members/downloads/swot-analysis-the-ultimate-guide-free-download/" target="_blank">SWOT Analysis: The Ultimate Guide</a></div>
<h3>4) The importance of excellent customer service</h3>
<p>Your business (especially your first, and most especially if you&#8217;re a kid) doesn&#8217;t have to be anything flashy. In fact, I recommend that it shouldn&#8217;t be. Owning a dozen or so vending machines was in no way novel or innovative.</p>
<p>What set me apart was my level of customer service. I understood that the way to profit and be a successful business was through serving others, and keeping them satisfied. I set a standard for incredibly personal customer service, and it showed. As a salesman, my father encouraged me to give free samples and constantly check in with my customers at the front desk to see how the machine was working. This personal connection, as well as my incredible story, encouraged my customers to keep coming back.</p>
<div class="see-also"><span>See Also:&nbsp;</span><a href="https://articles.bplans.com/takes-provide-stand-customer-service/" target="_blank">Do You Have What It Takes to Provide Stand-Out Customer Service?</a></div>
<h3>5) How to deal with rejection</h3>
<p>Sometimes, even my cuteness and naiveté couldn&#8217;t win them over. For whatever reason, there were times when business owners didn&#8217;t have space, already had too many vending machines in their break room, or simply didn&#8217;t take me seriously enough.</p>
<p>That&#8217;s going to happen. Learning that not every experience in life leads to a &#8220;Well, You Tried&#8221; trophy taught me that rejection is hard, and it&#8217;s going to happen. It&#8217;s what you chose to learn from that experience that&#8217;s more important.</p>
<p>Throughout the incredible experience of running my own business at a young age (more stories to come!), I learned valuable skills that have helped me in my job, school, and personal life. I know what it means to be a saver, not a spender. I believe in the value of incredible customer service. I chase after clients and opportunities and understand that sometimes things don&#8217;t go my way.</p>
<p>With the help of my incredible parents and customers who supported me, I grew up an entrepreneur with skills to keep for the rest of my life.</p>

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            <title><![CDATA[Celebrating the American Business Spirit]]></title>
        <link>https://articles.bplans.com/celebrating-american-business-spirit/</link>
        <comments>https://articles.bplans.com/celebrating-american-business-spirit/#respond</comments>
        <pubDate>Mon, 04 Jul 2016 11:30:02 +0000</pubDate>
        <dc:creator><![CDATA[Tayler Ladman]]></dc:creator>
        		<category><![CDATA[Starting a Business]]></category>
		<category><![CDATA[American businesses]]></category>
		<category><![CDATA[Entrepreneurs]]></category>
		<category><![CDATA[inspiration]]></category>
		<category><![CDATA[Success Stories]]></category>

        <guid isPermaLink="false">https://articles.bplans.com/?p=53741</guid>
        <description><![CDATA[As we celebrate the 4th of July holiday, we take the time to celebrate the American spirit and acknowledge American businesses and entrepreneurs. ]]></description>
                <content:encoded><![CDATA[<p><span style="font-weight: 400;"><img loading="lazy" class="wp-image-53749 aligncenter img-fluid lightbox " src="https://pas-wordpress-media.s3.amazonaws.com/content/uploads/2016/07/bigstock-Sunrise-On-Main-Street-3252544-1.jpg" /><br />
As we celebrate the 4</span><span style="font-weight: 400;">th</span><span style="font-weight: 400;"> of July holiday (and Made in the USA Day, just two days before on July 2</span><span style="font-weight: 400;">nd)</span><span style="font-weight: 400;">, we take the time to celebrate the American spirit and acknowledge American businesses and entrepreneurs. Although many businesses are started in the U.S. every day, few companies retain their dedication to their community, including utilizing American resources and workers.</span></p>
<p><span style="font-weight: 400;">In this article, you’ll find out how four such businesses have worked to fill a need in communities while remaining committed to both the nation and their local societies.</span></p>
<h2>A business created to increase children&#8217;s safety</h2>
<p><span style="font-weight: 400;">Robert Lupton’s business idea came from a national need for pool safety. </span></p>
<p><span style="font-weight: 400;">Troubled by the reported number of child drownings and the lack of pool fences, Robert set out to make pools safer. He founded</span><a href="http://www.poolfence.com/" target="_blank" rel="noopener"> <span style="font-weight: 400;">Life Saver Pool Fence</span></a><span style="font-weight: 400;"> in 1987, a Florida-based company that has since become the number one pool fence company in the country. </span></p>
<p><span style="font-weight: 400;">With multiple dealers across the nation, they provide thousands of jobs to local communities, and Life Saver Pool Fence is the only pool fence company recognized by the U.S. Consumer Product Safety Commission’s Pool Safety Campaign as a safety leader. In addition to this extremely high honor, Life Saver is also a partner of the National Drowning Prevention Alliance.</span></p>
<p><span style="font-weight: 400;">Dedicated to keeping families safe and using only the strongest and most durable materials, all of the company’s fences are made in the U.S. Life Saver Pool Fence is now run by Robert’s son Eric, and continues to strive to do even more for the nation, including donating a fence for a family of a drowning or near-drowning victim every time another fence is bought. Eric also owns and manages the largest Facebook page dedicated to child drowning prevention, <a href="https://www.facebook.com/PoolSafetyForChildren/videos/10151716326040394/" target="_blank" rel="noopener">Pool Safety for Children,</a> which has over 15,000 active followers.</span></p>
<div class="see-also"><span>See Also:&nbsp;</span><a href="https://articles.bplans.com/can-you-create-a-great-app-without-a-tech-background-one-entrepreneurial-mom-shows-you-how-its-done/" target="_blank" rel="noopener">Can You Create a Great App Without a Tech Background? One Entrepreneurial Mom Shows You How It’s Done</a></div>
<h2>A business created to fill a personal need</h2>
<p><span style="font-weight: 400;">Another American entrepreneur, Rebecca Michaels was searching for a functional yet fun headband, but couldn’t find one to suit her needs. She decided to design her own and founded her company</span><a href="http://violetloveheadbands.com/" target="_blank" rel="noopener"> <span style="font-weight: 400;">Violet Love Headbands</span></a><span style="font-weight: 400;"> to create unique and useful headbands for kids, teens, and adults. Each headband is absorbent, washable, and made with a unique “No Headache-No Slip” feature, making them great for work, play, travel, and everything in between.</span></p>
<p><span style="font-weight: 400;">Rebecca combined her passions for both fashion design and the environment (she has a degree in environmental engineering from Penn State University) to create a fashionable product and a company dedicated to eco-friendly practices. From their energy-efficient printing process, to the environmentally-friendly materials and inks, and the recycling of materials, Violet Love has a commitment to doing their part to protect the environment. Plus, all of the headbands are made locally in Los Angeles.</span></p>
<h2>A business created to eliminate a daily annoyance</h2>
<p><span style="font-weight: 400;">Jacqui Rosshandler is a fresh breath expert, proved by her innovative invention of <a href="http://eatwhatever.com/" target="_blank" rel="noopener">Eatwhatever,</a> a duel mint and gel cap breath freshener. But Jacqui found it wasn’t just humans who sometimes need a fresh breath boost; after being kissed by a lovable but stinky-breathed pooch, she realized dogs often had cases of bad breath as well. Using her original gel cap formula, she created a breath capsule for dogs called </span><a href="http://www.woofmints.com/" target="_blank" rel="noopener"><span style="font-weight: 400;">Woofmints.</span></a></p>
<p><span style="font-weight: 400;">All-natural, the unique gel capsules are filled with parsley, peppermint oils, and other gluten-free and vegan ingredients. Because just cleaning teeth isn’t enough, the revolutionary capsules dissolve inside dogs’ stomachs, providing long-term fresh breath from within. </span></p>
<p><span style="font-weight: 400;">The capsules are proudly made in the U.S., and are easy to feed to dogs in their food or in a treat. Jacqui</span><span style="font-weight: 400;">’s company is dedicated to improving the sociability of humans and pets through healthy, natural, and effective products.</span></p>
<h2>A business created to solve a family problem</h2>
<p><span style="font-weight: 400;">Bryan Nooner was concerned about his family’s outdoor outlets and plugs. </span><span style="font-weight: 400;">Apprehensive about the outdoor light cords getting wet, Bryan tried to find a cover for them, but couldn’t find anything that could sustain rough weather. </span></p>
<p><span style="font-weight: 400;">He tried making a makeshift cover, which eventually led to his idea of the</span><a href="http://twistandseal.com/"> <span style="font-weight: 400;">Twist and Seal.</span></a><span style="font-weight: 400;"> Available in a variety of sizes, the durable and patented design provides protection from the elements, including rain and snow. The Twist and Seal Mini can even be used indoors for Christmas lights, keeping the plugs safe and preventing electrical shock. His functional idea has swept the nation, and now Twist and Seal is available at Lowe’s, Home Depot, and other hardware stores nationwide.</span></p>
<p><span style="font-weight: 400;">Because Bryan feels it is important to keep the manufacturing, as well as the employees, within the U.S., all the Twist and Seal products are made entirely within the nation. While he notes that many people have recommended he move production overseas to save on costs, he feels a sense of “pride in the fact that we can be a small part of providing some of those opportunities for the American worker.” He enjoys being able to walk the production line in Michigan to personally shake the hands of the employees and thank them.</span></p>
<div class="see-also"><span>See Also:&nbsp;</span><a href="https://articles.bplans.com/30-small-business-ideas-for-when-you-dont-know-what-business-to-start/" target="_blank" rel="noopener">30 Small Business Ideas (for When You Don’t Know What Business to Start)</a></div>
<p><span style="font-weight: 400;">These four American entrepreneurs have created companies dedicated to filling needs in the community, while also looking within to fill their own employee and manufacturing needs. </span></p>
<p><span style="font-weight: 400;">Their dedication to the nation is admirable, and something to acknowledge on this American holiday. </span></p>

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