Wed.Jul 01, 2020

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5 Challenges No Entrepreneur Anticipates In A Startup

Startup Professionals Musings

Every entrepreneur I know finds it a challenge to balance the joys of entrepreneurship against a set of frustrations they never anticipated. Of course, most of you expect that raising money will be difficult, as well as staving off competitors, and handling that occasional toxic customer. What you don’t expect is to feel out of control , or to always be fighting the many demands for your time.

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26 Entrepreneurs Explain How They Came Up With Their Business Names

Hearpreneur

The idea of exactly what your business is going to usually come first. Secondly, most often, is giving a title to your idea. What exactly is going to be the name of your business? Some people turn to their childhood for inspiration or a beloved family pet. It could be a made-up word you dream of one night and feel it has the right ring to it. Even still there are some people who study foreign words for the perfect meaning behind their chosen business.

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How to Plan a Business Expansion Using Your Business Plan

Up and Running

Businesses start when their founders see a need for a product or service that they can provide. Businesses expand for the same reasons. You may grow to tap new markets or increase sales in your current markets. A good business plan is critical to starting a successful business. Creating a plan for business expansions is no less essential. And using your business plan template to develop an expansion plan increases your odds of success and allows you to avoid bad investments.

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What Is the Difference Between Business Ethics and Social Responsibility?

Board Effect

The goal of business is to get the maximum profit for owners and shareholders. That’s a simple statement that doesn’t describe how companies can and can’t go about their business. The pursuit of profitability doesn’t give companies the liberty to override the law or harm groups or individuals in the process. The two terms are often used interchangeably, but they have different meanings.

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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

Every startup and innovation project exists within an ecosystem that either helps or hurts that project. As innovation managers, we need to keep a pulse of that ecosystem and make sure we're helping those innovation projects we're managing every step of the way. In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in

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7 Key Steps Of A Strong Employee Pre-Screening Process

YoungUpstarts

For many business owners, hiring new employees is one of the best parts of the job. It’s a sure sign that your business is growing and expanding enough that you need to take on more people to delegate the workload too. When hiring, you might often have quite a lot of applicants, but there’s always a chance that they might not be a complete fit for the job requirements.

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The Startup Community community

Feld Thoughts

My new book The Startup Community Way: Evolving and Entrepreneurial Ecosystem is coming out this month ( pre-order it here.). At the same time, the 2nd edition of my book Startup Communities: Building an Entrepreneurial Ecosystem in Your City is also coming out ( pre-order it here.). Ever since I started thinking, writing, and talking about startup communities, I’ve always wished there was a global virtual community for anyone interested or involved in startup communities.

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Founder Interview: Peter Agarwal Innovates with Green Lighting Solutions

The Startup Magazine

Here’s another from The Startup Magazine Founder Series. We interviewed entrepreneur Mr. Peter Agarwal, President/Owner of LED Phantom Distribution, a distributor of high quality LEDs, lighting, and lighting control products. Peter followed a similar path as many successful entrepreneurs, first with early corporate career positions, then getting the itch to build something of his own.

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Q2 2020 Quarterly Update

Version One Ventures

Happy Canada Day & Happy (early) Fourth of July! Here we are, halfway through 2020 and what an unprecedented year it has been. As we focus on staying safe and healing, we continue to look forward, keeping our heads down to build great companies. . At the end of every quarter, we publish a quick recap. And while these past three months have been far from typical, there was a lot of activity across our portfolio.

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How to Get Better at Sales: 15 Tips You Need to Know

The Startup Magazine

Are you trying to figure out how to get better at sales? If yes, you should check out some of our best sales tips by clicking here. If you’re wondering why you’re not getting any sales, it might be because you and the customer aren’t on the same page. This is the case for most salespeople. What they think is different from what the prospect is thinking.

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6 Businesses You Can Start For Less Than $1,000

crowdSPRING Blog

What do Amazon, Google, Apple, Microsoft, and Disney all have in common? If you guessed that they all started as home businesses – you’re right. If you’ve thought about venturing into the life of an entrepreneur and starting a business, but you don’t have unlimited dollars to invest – this article is for you. Small businesses account for 99.9% of all businesses in the U.S., according to the U.S.

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Veruson Discusses 5 Ways To Optimize Your Inventory

The Startup Magazine

Optimizing inventory is one of the keys to making sure that a business is both agile and profitable. Inventory needs to be tracked and stored carefully, and a company should not stock more inventory than it needs at any given time. When companies pay close attention to their inventory optimization , they will be able to take advantage of cost savings and capital production.

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ShakeDeal, a B2B startup has leveraged its health portfolio to fight the battle against COVID-19

Our Own Start-up

ShakeDeal is a B2B e-commerce marketplace for industrial goods and supplies, office, and housekeeping supplies including corporate gifting.

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When is the best time to invest in real estate?

The Startup Magazine

If you are an entrepreneur thinking of investing your money, you are probably wondering how much you should invest, what you should invest in, and when you should invest it. Real estate investing has long been considered a solid investment and you can maximize your profits if you buy properties at the right time. Supply and Demand. Supply versus demand is considered the most important factor in any business and real estate investing is no exception.