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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

How these six businesses worked with the SBA to grow. The Small Business Administration (SBA) is a federal agency that supports the US economy by aiding small businesses, including offering loans and grants as well as free education, assistance, and other resources. iRobot — From robots to riches. Christopherson Travel — Flying high.

Columbus 134
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“Why give up that much equity for an amount we could raise other ways?:” SMB Tech Talk from ArtJamz

Hunter Walker

We were approved for an SBA loan but after 4 to 5 months of going through the SBA closing process, I had a change of heart, mainly since this meant using my mine and my wife’s house as collateral. But, based on our sales and the amount we we’re looking to raise, $60-$120K, it could have meant giving up over 40% equity.

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“Why give up that much equity for an amount we could raise other ways?:” SMB Tech Talk from ArtJamz

Hunter Walker

We were approved for an SBA loan but after 4 to 5 months of going through the SBA closing process, I had a change of heart, mainly since this meant using my mine and my wife’s house as collateral. But, based on our sales and the amount we we’re looking to raise, $60-$120K, it could have meant giving up over 40% equity.

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Top Five Mistakes Small Business Owners Are Making During Pandemic

YoungUpstarts

Failure to Access Small Business Administration (SBA) Programs. On June 15, the SBA resumed accepting new Economic Injury Disaster Loan (EIDL) applications from all eligible small businesses. My company has helped almost 2,000 businesses and we have seen every issue a struggling business might face.

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Immigration Reform: Now or Never?

Professor VC

ProfessorVC celebrated his 50th birthday this past week in his hometown of Washington, DC, with visits to the Capitol Hill and the White House to meet with legislators and White House officials on immigration reform. One of the guys we met with (Andrew Lee) is an EIR at the SBA and came from Zynga who bought his start-up, Jam Legend.