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The Essential To-Do List for First-Time Entrepreneurs. Last Updated Jun 28, 2011 5:07 PM EDT When you leave the corporate world to go out on your own, you trade the illusion of security for the illusion of freedom.

The Essential To-Do List for First-Time Entrepreneurs

How to Use Online Design to Build a Personal Brand. What Makes A Startup Successful? Blackbox Report Aims To Map The Startup Genome. Generally speaking, the odds are stacked heavily against the average startup.

What Makes A Startup Successful? Blackbox Report Aims To Map The Startup Genome

The rate of failure among entrepreneurs and startups is startlingly high — it comes with the territory. Otherwise, entrepreneurs wouldn’t be pirates. But, what if there were a way to reduce that failure rate by cracking the formula of startup success? No easy feat to map the double helix of startups, but entrepreneurs are risk-takers by nature, so four of these risk-loving international entrepreneurs came together to found the Startup Genome Report, a report that is part of a larger project that dives into the very anatomy of what makes Silicon Valley startups successful — or not. The entrepreneurs who founded the Startup Genome report (Bjoern Herrmann and Max Marmer), have also created a business accelerator called Blackbox, which will be leveraging the data they have collected (and will collect) from their ambitious R&D enterprise.

Small Business Start-up Tips. Find coupons, reviews and similar sites for any retailer Do you want to venture in small business?

Small Business Start-up Tips

The hardest part is always on where, when and how to start one. Read on... How to Build an Insanely Great Founding Team. 7 Essential Red Flags to Watch Out for in New Clients. Working with clients is one of the most difficult parts of being a web designer.

7 Essential Red Flags to Watch Out for in New Clients

It’s a challenge which we face each and every day, regardless of whether we work in-house, as freelancers, or as agency owners. Some clients are great, while others leave us tearing our hair our and wondering why we felt the need to subject ourselves to this line of work. While some problems with clients can be put down to poor communication by both parties, many times we can identify clients which are going to be difficult before we even start working with them. Today we’ll take a look at seven ways to make sure you don’t end up as a regular contributor to 1. This is probably the most common of all red flags. Why Co-Founding a Business Can Decimate Friendships - Fox Small Business Center. Are you planning to start a business with a friend or family member?

Why Co-Founding a Business Can Decimate Friendships - Fox Small Business Center

If so, you are in good company. About half of all startups today are organized among friends, family members or spouses. Staying sane in a startup. (Editor’s note: Shawn Hessinger is the community manager of BizSugar.

Staying sane in a startup

Online Article Links. 6 Keys to Successful Bootstrapping - TNW Entrepreneur. You know the moment in a start-up’s life where, if you need to buy toilet paper, you need to check your Excel charts to see if you can afford it?

6 Keys to Successful Bootstrapping - TNW Entrepreneur

Well, that’s where we are. To tell the truth, we are not checking for toilet paper, but we do consider every software/service that we decide use and need to pay a considerable amount for. Our lead investor told us that, from his experience, giving the investment money in chunks forces the entrepreneur to think: creativity, creativity, creativity. In the beginning, I thought that Yotpo is a creative start-up by definition and we don’t need any more enforcements. Well, I don’t know what would have happened if he didn’t do it, but here are some of the creative ways and methods: Small Business News: Running Your Business. We talk a great deal about the tools and strategy and about the marketing and tech, but what about the basics of running a small business each day?

Small Business News: Running Your Business

If you’re in the trenches thinking about your next move, this roundup is for you. Startup isn’t the end of the story. Startup a business. Having a successful business startup hinges on selecting a great business model. I am offering free advice here, so you can take it or leave it. Fair enough? First off, I would suggest that you build a business that will produce a passive cash flow stream. By that I mean you work hard in the beginning to get it going, and then it picks up steam. After a year or two, you will be able to run the whole company almost on auto pilot. From Employed to Entrepreneur: Tips for Boomers Looking to Start a New Business. Whether by choice or by consequence (or some combination of the two), baby boomers have become an entrepreneurial force to be reckoned with, even surpassing the ambitions of those almost half their age.

From Employed to Entrepreneur: Tips for Boomers Looking to Start a New Business

But underlying this spike in entrepreneurial activity among boomers nearing the age of retirement, is the need for an extra dose of diligence and business know-how. Why Are Baby Boomers Starting Businesses? According to the results of a survey conducted by the Kauffman Foundation, from 1996 to 2007, Americans between the ages of 55 to 64 have consistently started more businesses as compared to those of the population aged 20-34. The actual difference is quite significant- with the average rate of entrepreneurism among boomers holding at more than 30% higher than their younger counterparts.

At first, these results may seem surprising, especially when there has been so much media attention surrounding the entrepreneurial energy and predisposition of the youngest generation of workers. 1. 2. Do You Own What It Takes For A Small Business Start Up? Avoid Having A Business With No Market! Startup “solution looking for a problem” syndrome - National Startup Business. Potential startup founders are always looking for ideas to implement, when they should be looking for problems to solve.

Startup “solution looking for a problem” syndrome - National Startup Business

Customers pay for solutions, but there is no market for ideas. I’m often approached by people with a “million dollar idea,” but I haven’t seen anyone pay that for one yet. Equally often, I see startups who are on the road to implementing an idea, but haven’t figured out what problem it solves – the business plan waxes on eloquently for 20 pages about how great this product and technology is, but never gets around to defining the problem (investors call this the “solution looking for a problem” syndrome).

A related “red flag” in a business plan is a missing competitive analysis section, or a short paragraph that essentially says, “this product has no competition.” My reaction is, if there is no competition, then there is no market demand for your product, so why are you building it? Six Reasons Why Big Dreams and Laser Focus Succeed. April 15, 2011 by Marty Zwilling It’s great to dream big, but your startup needs a laser focus in the beginning to get market and investor attention.

Google did it with search engines, Apple did it with a personal computer, and even Wal-Mart did it through low prices. A business plan I saw a while back to combine all the good features of several popular social networks on one site does not do it. Trying to do everything at once probably means that none of the items will be done well.