The programme and its benefits - Erasmus for Young Entrepreneurs The European exchange programme for Entrepreneurs Erasmus for Young Entrepreneurs helps provide aspiring European entrepreneurs with the skills necessary to start and/or successfully run a small business in Europe. New entrepreneurs gather and exchange knowledge and business ideas with an experienced entrepreneur, with whom they stay and collaborate for a period of 1 to 6 months. The stay is partly financed by the European Commission. Benefits As a new entrepreneur, you will benefit from on-the-job training in a small or medium-sized enterprise elsewhere in the Participating Countries. As a host entrepreneur, you can benefit from fresh ideas from a motivated new entrepreneur on your business. It is really a win-win collaboration whereby both of you can also discover new European markets or business partners, different ways of doing business. Please read the programme guide for more information on conditions of participation.
Why Some Startups Succeed And Others Fail: 10 Fascinating Harvard Findings 5 Steps To Bootstrapping Your PR Efforts Public relations is just one of those things. It's something that every company knows they should do, but only see two ways of making it happen -- hire an expensive PR firm or cross their fingers and hope for the best. The latter is, well, not really much of a PR strategy. There is a third option, however. Bootstrapping. I've written in the past about how to bootstrap your PR efforts, but never really dug into the nitty gritty. Here it is, Moz family. Step 1 - The Mirror Check The first step is what I like to call the mirror check, something that gets glossed over far too often. Save your time, and more importantly, everyone else's. Step 2 - Building Your Publication List Once you've got a solid story, it's time to start building your list of publications. It's important to note that PR isn't a numbers game, as many think. Step 3 - Finding the Right Contact This is so important that it deserves its own step. The first three fields are fairly self explanatory, then we get into the meat of it.
Principles for Managing Strategy and Innovation Through the years, I have been intrigued by the number of once powerful companies that are no longer around. Darwinian principles seem to apply in business as much as in biology. When technology and market environments go through major changes, as is certainly the case today, previously successful business strategies will no longer work, no matter how much you try to fix them. Companies that are unable or unwilling to adapt to the changes in such a Darwinian climate will become marginalized or extinct. It is not hard to understand how I come to this somewhat fatalistic view of business. More recently, Citi, which I joined as strategic advisor in March of 2008, has gone through its own near-death experience as a result of the financial crisis of the past few years. Why is it that some firms are able to go through ups and downs, yet survive and thrive? Cusumano is a professor in MIT’s Sloan School of Management, with a joint appointment in the Engineering Systems Division.
40 Ways Small Business Owners Waste Their Money We were curious to see where business owners waste the most money in the early days. So we reached out and asked what small business owners thought was the #1 biggest money waster for small business owners. Some common answers focused on different aspects of office space, marketing and hiring staff. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. Where do you think small business waste the most money in the early days? Awesome People + Awesome Places Travel around the world while making new friends Under30Experiences curates awesome experiences around the world for young travelers. Tags: featured, small business, wasting money Category: Startup Advice
Startup company Evolution of a startup company Startup companies can come in all forms and sizes. A critical task in setting up a business is to conduct research in order to validate, assess and develop the ideas or business concepts in addition to opportunities to establish further and deeper understanding on the ideas or business concepts as well as their commercial potential. Business models for startups are generally found via a bottom-up or top-down approach. A company may cease to be a startup as it passes various milestones, such as becoming publicly traded in an IPO, or ceasing to exist as an independent entity via a merger or acquisition. Companies may also fail and cease to operate altogether. Investors are generally most attracted to those new companies distinguished by their risk/reward profile and scalability. Startup Financing Cycle Startup business partnering Startup culture Co-founders There is no formal, legal definition of what makes somebody a co-founder.
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Seedhack Founders Collaboration Agreement Starting a new company requires inspiring early co-founders to join you in your efforts and then quickly establishing an environment of trust where everyone works hard and fairly shares the upside of any success. To that end, we’re launching the Seedhack Founder’s Collaboration Agreement (download here in .DOC or in .PDF ) which is designed for a newly formed team to agree on what each founder’s shareholding should be as well as how to make sure that each founder puts a continued effort throughout the lifetime of the company in order to keep their equity stake. The hope is that this document will not only help events like Seedhack, where collaboration amongst team members is key, but also any ‘back of a napkin at a cafeteria’ brainstormed startups where people put a lot of sweat equity in even before they think about forming a ‘formal’ company. A big thank you to Tina Baker from Brown Rudnick for drafting the agreement. Supporting Organizations: Usage of the document:
Ideas to improve the Belgian tech entrepreneurship ecosystem « Coworking in Brussels with the BetaGroup: Better than a Business Center There’s been a very interesting conversation in our internal members discussion group thanks to a intelligence crowdsourcing question launched by Joren de Wachter: If you had 15 minutes of the undivided attention of a minister of the Belgian federal government, what would be the one thing you would want him to understand about startups and entrepreneurs in Belgium? The invitation was too tasty to refuse Entrepreneurs, investors and tech related professionals got to offer their two cents quickly. Just to give you an idea of the relative importance in each other’s minds, this is the table that Joren did to capture it: Here are the main replies: [vimeo How about stopping to picture independents as tax fraud specialists? The issue with a subject like this is that we come with too many requests. Do you agree? Update (11-05-2012):DataNews has republished our blogpost and translated it to French and DutchHopefully it will spark a bigger conversation. About Ramón Suárez