Black Enterprise Women of Power Summit 2012 [VIDEOS]
Posts Tagged ‘business plan writing services’
Starting a Business? Here’s 7 Financial Tips For Your Success
You will need all of the guidelines you can get when it comes to starting a business today. The following 7 guidelines are necessary and crucial to financially securing your business long before you open the doors.
- Do plan to start with your own money, not someone else’s. The money to start your business will come from your right or left pocket. In fact, there are three pools of money you should have before your start a business: an emergency savings account, enough budget to go from 12 to 24 months without a paycheck, and the first year of operating capital to run your business.
How You Can Turn $1,000 Into $1 Million with Your Business
In the following article, it describes how a few businesses were interviewed and how they turned a small amount of money into a serious cash flow with their own businesses. Are you put for the challenge and the reward?
Read below about a how these people did it:
Many of these individuals started businesses with less than $1,000 and are now earning more than $1 million per year in revenue. All of them bootstrapped their own business with no outside cash and a minimal capital investment from their own bank account. Here is a brief primer on bootstrapping a business.
Find Out Why Some Start Ups Succeed and Others Fail
Why do some startups succeed and others fail?
Paul Gompers, Anna Kovner, Josh Lerner and David Scharfstein put together a Harvard Business School working paper to answer that question, Performance Persistence in Entrepreneurship.
In it, they answer things like:
- Do first time entrepreneurs have it harder?
- What’s in a VC’s name?
- Are successful entrepreneurs skilled or just lucky?
Check Out a few of those answers below:
Do serial entrepreneurs have a leg up on first time entrepreneurs?
The advice below comes comes from the Founder and CEO of Amazon, Jeff Bezos.
Jeff Bezos is an American entrepreneur who played a key role in the growth of e-commerce as the founder and chief executive officer of Amazon.com, Inc., an online merchant of books and later of a wide variety of products. Under his guidance, Amazon.com became the largest retailer on the World Wide Web and the model for Internet sales. -Wikipedia