starting a business
Starting A Business? Here Are Tips To Follow
By Martin at November 26, 2013 | 8:25 am | 0 Comment
If you expect to succeed in the thrill-a-minute, roller coaster ride of a startup, let me assure you it takes more than a good idea, a rich uncle, and luck. In fact, the idea is often the least important part of the equation. Most investors tell me that they look at the people first, the business plan second, and only then at the idea. If you want some tips to beat more...
Why Job Seekers Should Try To Run Their Own Business
By Martin at December 20, 2012 | 8:37 am | 0 Comment
If you are one of the many people still searching for that job lost during the recent depression, or about to dump the loser of a job you have now, you should be working on starting your own business, in parallel with looking for that ideal job. Let me explain why this is a win-win deal, no matter what the outcome. You have probably secretly always wanted to run your more...
New Online Game Aims To Reduce Risk For Youth While Starting A Business
By ajay at October 9, 2012 | 8:30 am | 0 Comment
AXA Business Insurance's new ‘Snakes and Ladders’-style game is to encourage students and young people to consider future opportunities in terms of employment, education and enterprise and to raise awareness about the level of knowledge they need to thrive at the next stage of their career path. Snakes and Ladders'-Style Game For Young Enterprise This online more...
Tips For Starting & Growing Your Business With A Limited Budget
By Martin at August 7, 2012 | 8:30 am | 0 Comment
One of the biggest myths I still see in the community of new entrepreneurs is the assumption that “All I need is a good idea, and some investor will give me the big money I need to build the business.” In reality, investors fund good business plans, not big dreams. It’s all in the execution. A related myth is that it takes a lot of money to start a business. more...
Why Starting A Startup Company is Much Easier Now Than Few Years Back
By Martin at June 19, 2012 | 8:37 am | 0 Comment
I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product. Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. Even for low-tech startups, the more...
Why Entrepreneurs Need To Brand Themselves First Before Starting A Business
By Martin at June 18, 2012 | 8:23 am | 0 Comment
Starting a business is usually the result of a personal dream or need. Investors tell me that they invest in people, more than the idea. Customers buy from people, not from a company, at least at the startup stages. That’s why it’s important to build a personal brand, in parallel and before your business brand. This will kick-start your business, and improve your odds more...
How To:Evaluate & Minimize Risk When Starting a business
By Martin at March 26, 2012 | 8:17 am | 0 Comment
You have probably heard plenty of times that being an entrepreneur is a risky business, and investors talk all the time about reducing the risk. Yet everyone seems to have their own view of key risk drivers for startups, and I’m no exception. I don’t agree, for example, that the first priority is to avoid startups with a high attrition rate, like trendy restaurants more...
When is the right time to start your own startup company?
By Martin at November 15, 2011 | 8:39 am | 0 Comment
Many budding entrepreneurs struggle mightily with that first step – out of their comfort zone and into the unknown. They keep asking people like me whether the time is right, and the truth is that there’s never an ideal time to start your own business. It’s like starting a personal relationship, if you wait for exactly the right time, you’ll never do it. I’ve more...
Every entrepreneurs should remember few things when starting a business
By Martin at August 18, 2011 | 10:16 am | 0 Comment
If you expect to succeed in the thrill-a-minute, roller coaster ride of a startup, let me assure you it takes more than a good idea, a rich uncle, and luck. In fact, the idea is often the least important part of the equation. Investors tell me that they look at the people first, the business plan second, and only then at the idea. If you want some tips to beat the more...