Jason Cohen is an angel investor and the founder of Smart Bear Software. Here is his look at testing your business idea. I recently reviewed hundreds of startup pitches at Capital Factory, an early stage accelerator program for tech startups. Of those, almost none had unearthed 10 people willing to say, “If you build this […]
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A reader wrote: How do I find the business opportunity that’s right for me? Unfortunately, not all business opportunities were created equal. Some businesses opportunities are better than others and you may be better suited for one, more than the rest. How do you decide which business opportunity is right for you? Ask yourself these
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BusinessWeek: In 2001, Johnny Earle dropped out of music college after just two weeks. On a lark, he made a T-shirt with an image of a cupcake atop a pair of cross bones. The trenchantly iconic design got noticed and people started asking to buy his tees. Earle began selling them out of the trunk
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There seems to be a common mindset among many entrepreneurs. If they are starting a business, they often find investors to help fund the launch. However, a recent article from Forbes argues that most entrepreneurs don’t really need an investor. All they really need is a little old fashioned bootstrapping. However, you might eventually need
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The Salt Lake Tribune: Why do 80 percent of all new ventures fail within the first five years? The biggest reason is lack of proper financing. It is human nature to underestimate the amount of money that will be needed to start up and run a business. They also fail for other human reasons —the
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According to Women Entrepreneur, Julie Hall knew her entrepreneurial time had come. Here’s how she did it. Through my passion for buying and selling estate items, I uncovered a huge, unfilled niche. My elderly clients had too much stuff in their homes. They needed help downsizing when they moved into assisted-living facilities or made decisions
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ABC News: If you can’t find someone to hire you, consider hiring yourself. Not only can entrepreneurship bring great personal fulfillment, but launching a small business doesn’t have to break the bank. Here’s how Tory Johnson started her own business with virtually no money. “In 1999 I started Women for Hire to put on career
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Is putting a sandwich in a can and calling it a “Candwich” the next can’t-miss billion-dollar idea? According to The New York Times, even if it is, investors in Utah who put $145 million in the hands of a money manager named Travis L. Wright will still have thinner wallets. A lawsuit by the federal
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Entrepreneur: Here, three ways you can tailor your startup to capitalize on the trends: 1. Offer an affordable splurge. While consumers still lust after designer brands, they are demanding deals. In the past 5 years, 73 new sample sale websites — like Gilt.com and HauteLook.com — have launched, hawking luxury goods at a discount. IBISWorld
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