Today’s WSJ has an interesting article about a small business/entrepreneur in trouble. It turns out the story by Simona Covel is worth reading as it highlights how an entrepreneur made it through some tough times by radically shifting his core products.
As noteworthy as the article and the insights it provides are, the section that it [...]
WSJ Quietly Drops Entrepreneurs; Still Provides Stories
May 1st, 2008 · No Comments · General Thoughts
Tags:cash flow management·entrepreneurship·entrepreneurship news·independent street·Kelly Spors·media·wall street journal·Wendy Bounds
Mid-Atlantic BPlan Comp Finals @ GTown on Sat
April 25th, 2008 · No Comments · General Thoughts
Just a reminder that the finals of the 2008 Mid-Atlantic Business Plan Competition are tomorrow (April 26th). The finals are open to the public from 1-5 pm in the ICC Auditorium on the Georgetown University Campus in DC. I will be blogging live (assuming the wifi works) from the event. Between 4 and 6 finalists [...]
Tags:business plan competition·DC Tech Scene·entrepreneurship·funding strategies·Mid Atlantic Business Plan Competition·student entrepreneurs
Protect Your Brand
January 26th, 2008 · No Comments · Entrepreneur Profiles, General Thoughts, Tips & Tools
It doesn’t matter what your business is, you must cultivate your brand and protect it. Here is (via Eric Bramlett.com) a brand (real estate agent) that has made some interesting brand decisions. What do you think?
I haven’t checked it out yet, but part of me thinks this is a scam. Either way, the guy might [...]
Tags:brand identity·entrepreneurship·marketing·real estate agent·student entrepreneur
How the Rich Got Rich: Entrepreneurship
January 18th, 2008 · No Comments · General Thoughts
Well, this posting doesn’t say that, but over at the WSJ Wealth blog is a fascinating post on how few of the ‘rich’ inherited their money. While it doesn’t say that most made their money through entrepreneurship, my hunch is few earned their wealth through salaries alone. Many may have made it through stock options [...]
Tags:entrepreneurship·increasing wealth·inherited wealth·rich getting richer?
Why Mark Cuban Loves Business
January 10th, 2008 · No Comments · Entrepreneur Profiles, General Thoughts, Students
I drop by Mark Cuban’s blog a few times a month to see what he is talking about. Sometimes it is really technical stuff about HD TV and other things he is involved with. His post of January 3, 2008 is called, “The Sport of Business” and it is a great piece on why business [...]
Tags:Blogmaverick·business·competition·entrepreneur·entrepreneurship·Mark Cuban·student entrepreneur
Tim Berry and the Evolution of Business Planning
January 4th, 2008 · 3 Comments · Entrepreneur Profiles, Funding, General Thoughts
I spent much of the holidays frantically trying to launch a business (incorporating, calling web contractors, graphic designers, networking, dealing with the funding issue, etc.) and also putting together a business plan — for internal use and also for communicating what I am doing (via a 2 page exec summary) to potential partners, vendors, etc. [...]
Tags:business plan·campus entrepreneur·entrepreneurship·startup·student entrepreneur·Tim Berry
PayPal, Stanford, and Univ. of Illinois
December 27th, 2007 · No Comments · Campus Eco-System, Entrepreneur Profiles, General Thoughts, Students
Great article passed along to me by a colleague, Jill Rough, at George Mason University. This piece, from Jeffrey M. O’Brien of Fortune, explores the ‘PayPal Mafia’ (the founders and early funders of PayPal) and their exploits. As you can see, Stanford and University of Illinois continue to play a central role in their activities. [...]
Tags:entrepreneurship·Facebook·Fortune Magazine·GMU·PayPal Mafia·Stanford·startups·student entrepreneur·University of Illinoi
Entrepreneurial Quotes
December 24th, 2007 · 1 Comment · General Thoughts
From The Cheap Revolution blog, 20 great entrepreneurial quotes. Here are a couple from their post.
#4: The best reason to start an organization is to make meaning - to create a product or service to make the world a better place - Guy Kawasaki, entrepreneur, investor, author
#14: An entrepreneur tends to bite off a little [...]
Tags:campus entrepreneurship·entrepreneurship·Guy Kawasaki·student entrepreneur·The Cheap Revolution
Commerce is here to help you….
December 18th, 2007 · No Comments · General Thoughts
What are your thoughts? The US Dept of Commerce is focusing on entrepreneurship and is launching a new site (c below), in partnership with the Kauffman Foundation. Here is the press release. Taste a bit:
The partnership will create a comprehensive Web-based resource to advance entrepreneurship. Accessible at www.Entrepreneurship.gov, the site will serve as an [...]
Tags:business plan contest·Commerce·entrepreneurship·Kauffman Foundation·start up·student entrepreneurs
Basic Rules for Valuation from Tim Berry
December 12th, 2007 · No Comments · Funding, General Thoughts
Not sure how many of you are planning on raising money from investors, but Tim Berry offers 10 basic rules for valuation. It may seem simple, but definitely worth a look. Here is #7:
Analysts often apply formulas. The most common formula is called “times profits” because it multiplies profits times some number. Another common formula [...]
Tags:business planning·business valuation·entrepreneur·entrepreneurship·startup·student entrepreneur·Tim Berry