There are many costs to being an entrepreneur, and some of them are hidden costs. The SBA estimates the average cost of starting a business to be around $30,000. No matter what type of business you start, you’ll need to invest hours in its creation and development. These costs alone are enough to intimidate prospective entrepreneurs from ever following through on their ideas. However, they don’t paint the entire picture of entrepreneurship. There are also hidden costs to being the founder and director of your own enterprise. You’ll need to be prepared for them as well.
Looking for startup ideas? Start with a passion for your products and services. That is a major motivating factor when you’re starting your own business. But you need to go further. If you’re not offering customers something original it can be hard to differentiate yourself from the competition. Sharpening your competitive edge often means developing a different angle that reinvigorates a familiar offering. If you’re struggling for inspiration, here are 3 startup ideas that can capture your customers’ imaginations.
Many a startup entrepreneur is also a parent. However, when we talk about business and parenting, it is not easy to keep everyone satisfied. That’s because these two areas of life can both be overwhelming and demanding. If you’re both a startup entrepreneur and a parent, you might be looking for advice that can help you to balance these responsibilities. We hope this post helps you to simplify your life.
When you think about the famous company Apple, you probably also think about Steve Jobs. Of course, Steve Jobs was the original founder of Apple and the ubiquitous iPhone, but there was someone else behind the development of this powerful company as well. And that person was Steve Wozniak, Apple’s co-founder. I’m here to tell you that you should learn more about this guy, because he’s super intelligent and influential in both the business and the technology worlds. Keep reading for some of his words of wisdom below.
The world needs entrepreneurs, and student entrepreneurs offer the best of the best. They generate employment, enhance the standard of life, offer new technologies to society and maintain competition in the market. But launching a business is no joke, especially while you’re still in school. Keep reading to find out 7 indispensable tips that can maximize your chances of success while you’re still a student and after you graduate.
Securing a loan can be a major obstacle facing small businesses. Some entrepreneurs are even intimidated by the idea of getting a small business loan. And the truth is that it can be difficult for owners of small businesses to find, apply for, and secure funding. However, if you need business funding, read on. We’re going to show you step-by-step how to be prepared so you can obtain the funding your business needs.
The market has changed beyond all recognition in recent times, regardless of which industry or sector you care to analyze. One of the universal changes revolves around how business owners and entrepreneurs fund their operations, as traditional bank loans have become increasingly inaccessible to households and commercial ventures alike in recent times. With this in mind, entrepreneurs would be well advised to seek out alternative funding methods in the modern age, including the suggestions offered here.
I was travelling years ago and picked up a copy of the “How to set up an online business” magazine at the airport. The book was so helpful I ended up reading it multiple times – earmarking pages, high lighting, underlining and making notes. This book is amazing…
As a business owner, you’re probably investigating and perhaps purchasing a wide array of tools and software to make your life easier. Among your many choices is Microsoft Excel, still a remarkable piece of software, despite the fact that it’s been around for a while. In case you’ve overlooked it, we list below some of its many uses.
Raising money is the toughest hurdle any entrepreneur has to face. As soon as you mention the words “money” and “startup” in the same sentence, doors slam in your face and acquaintances dash across the street to avoid having to say hello to you. If you find yourself stalling when you think about raising money for your startup, consider the suggestions here.
Are you thinking of becoming your own boss? Have you spotted a gap in the market and have an incredible business idea? Most people will need a little help to get their bright ideas off the ground. Here are 5 simple steps to help you build a solid and successful business.
Business storage; the how, the where and the when. It is the key to efficient selling and stock control. The bigger the space, the more complicated it gets to keep track of everything. Regardless of your stock level during the startup phase, putting methods and systems into place early can most certainly help you be organized and efficient into the future. Here are a few ideas for you:
You are just getting started with the plans to build your business into the next big thing. The enthusiasm with which every startup commences is palpable. Every founder has a solution they plan to offer the world to fix a want or a need somewhere. With that said, it is important to note the statistics on startups can be bleak. Statistics report as many as 90 percent of them failing in their first year of operation. With numbers like that, it is critical you have a great business plan, marketing strategy and adequate cash so that your business will be one that thrives and soars!
I have a friend, let’s call her Colleen. She’s been down on her luck the past few years and has not been able to catch a break. Divorced, lost her job, 16 year old son causing her grief – I’m sure you get the picture. Colleen has always worked for someone else and she is tired, frustrated, pushing 43 and looking for a better way to live.
Starting a business is the American dream. After all, who wouldn’t want to:
Be their own boss
Call their own shots
Take off when they want
Vacation when they want
Have enough money and time to live the life they choose
Answer to no one except themselves.
To succeed as a startup, it’s important to know why others before you failed and learn from their mistakes. At Autopsy.io, now you have that information right at your fingertips.
Not many of us have an extra $2,000 a month lying around. But if you do, and if you travel frequently throughout the East Coast, we know a great for you to spend that money.