Elon Musk, slow down. You’re a great entrepreneur, but as any successful entrepreneur or small business owner will advise you: build one business at a time. This past week, Elon Musk, CEO of electric car maker Tesla, unveiled his vision of the future, called “Master Plan, Part Deux.” Not content to just concentrate on building …
Can Startups Save the World?
Can startups save the world? Can entrepreneurs successfully tackle today’s most important problems – such as climate change, poverty, lack of clean water, extremism – and make money too? President Obama and the rest of the participants at the Global Entrepreneurship Summit seem to think so. “The world has shrunk. It is interconnected. All of you represent …
This is the Best City for Women to Start Businesses
If you’re a woman, New York City is the best place in the world to start a business. That’s what Dell — in collaboration with the research company IHS and with participation from the Technology and Entrepreneurship Center at Harvard — found out when it commissioned research on the best cities for female entrepreneurs to start and scale a high-growth business. In …
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America Needs Immigrant Entrepreneurs
This was a terrible week in America. A lone gunman – fueled by hatred – shot and killed 49 Americans and wounded 53 others who were happily celebrating life. In the aftermath of the horrific Orlando shooting, even though the shooter was American-born, bellicose, xenophobic, politicians blamed immigrants. To end tragedies like these, they urged, we …
7 People to Listen to for Small Business Advice
When you own a small business, everyone wants to give you advice. “You know what you should do,” your annoying brother-in-law Sheldon tells you at the family barbecue, “you should sell everything below your cost; customers will flock to you.” Right, and pretty soon, you’ll be out of business. Unsolicited advice comes from all kinds …
9 Secrets to Get an Extra Hour a Day
If you run a small business, one thing you always need more of is time. There’s never enough time to deal with all those pesky customers, impossible employees, demanding vendors, new products in development, and all that red tape. Imagine if you had an extra hour every day. Well, I’ve got nine secrets of how …
Instagram Success for Small Biz
Facebook. Twitter. Pinterest. LinkedIn. Phew. You could spend all day on social media, but you’ve got a small business to run. Nevertheless, social media can be a powerful marketing tool. The key: finding the one or two outlets that reach and engage your target market. If you’re in a very visual industry – food, fashion, …
Mom Means Business
“I don’t care who made this mess, just clean it up.” “Say you’re sorry.” “Wear clean underwear; what if you get in an accident and somebody sees it?” You didn’t realize your Mom was giving you great small business advice when she told you to “eat your vegetables,” did you? We all remember sayings and …
Business Plan Competitions: 6 Tricks to Help Your Students Win
With so many business plan competitions to choose from, and an increasing amount of prize money to help launch new companies, it’s worthwhile to think about how to encourage your entrepreneurship students to enter these competitions, and how you can coach them through the process. Of course, to increase their odds of winning, students must …
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