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8 Challenges For Startups With A Neighborhood Focus

Startup Professionals Musings

Foursquare is good example of a modern hyperlocal site, which describes itself as “50% friend-finder, 30% social city guide, 20% nightlife game.” Local businesses won’t use a site until it has a critical mass of users. Without users, business owners aren’t going to waste time promoting and marketing their content to your users.

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Solving the "marketplace" business model

A Smart Bear: Startups and Marketing for Geeks

In fact, 3 of the 10 selected companies from the past two years has followed this business model. These companies typically make money either by charging sellers for listing (akin to the yellow pages) or by charging a sales commission (akin to a "finder's fee"). Or a flat "finders fee" per lead?

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30 Entrepreneurs Say What Changes They Expect in Their Business Due to Technology

Hearpreneur

One notable change on the horizon for my business is the use of LED walls in exhibits, which is growing more prevalent as the technology has become more reliable and the cost has decreased. That’s not an HR policy or a perk; it’s our actual business model. 15- Reduced operating costs. Photo Credit: Ozzi Jarvinen.

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Hyperlocal Has Great Potential And Real Challenges

Startup Professionals Musings

Foursquare is good example of a modern hyperlocal site, which describes itself as “50% friend-finder, 30% social city guide, 20% nightlife game.” Local businesses won’t use a site until it has a critical mass of users. Local businesses won’t use a site until it has a critical mass of users. Getting these users costs money.

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30 Entrepreneurs Reveal The Companies They Admire Most For Innovation

Hearpreneur

The innovation that has put its competitors to shame is the sale of its cars through e-commerce. They have a really cool business model where they summarize non-fiction books into 15-minute read or listen. Thanks to Oliver Hudson, Word Finder ! #24- Its innovations are as surprising as each other. 9- Mary Kay Cosmetics.

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28 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

Starting a business is the hardest thing you will ever do. But for some, the benefits are better than the cost. Response to this low cost alternative to traditional housing has been nothing short of stellar. in December of 2004 with just our one little product, and by the end of 2005 we had sold 1 million Finders Key Purse(r).

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How to Do Market Research

Up and Running

Do it because it will greatly reduce risk as you start your business. Do it because it will improve your marketing and sales process. When entrepreneurs tell me that they aren’t going to do market research, they usually say that it just takes too long and prevents them from actually building their business.