background preloader

Business development

Facebook Twitter

Habits of Successful People: Start Before You Feel Ready. In 1966, a dyslexic sixteen-year-old boy dropped out of school.

Habits of Successful People: Start Before You Feel Ready

With the help of a friend, he started a magazine for students and made money by selling advertisements to local businesses. With only a little bit of money to get started, he ran the operation out of the crypt inside a local church. Four years later, he was looking for ways to grow his small magazine and started selling mail order records to the students who bought the magazine. The records sold well enough that he built his first record store the next year. After two years of selling records, he decided to open his own record label and recording studio. He rented the recording studio out to local artists, including one named Mike Oldfield. Over the next decade, the young boy grew his record label by adding bands like the Sex Pistols, Culture Club, and the Rolling Stones.

How I Met Sir Richard Branson Two weeks ago, I walked into a conference room in Moscow, Russia and sat down ten feet from Branson. Start Now. 8 Tips for Successful Business Development. This post originally appeared on the American Express OPEN Forum, where Mashable regularly contributes articles about leveraging social media and technology in small business.

8 Tips for Successful Business Development

Many founders and CEOs come asking, “we need to hire a biz dev person, do you know anyone?” Few roles have more varied job descriptions than business development. It’s no wonder why it is hard to figure out who to hire, what this person should do and how to measure success. Read below for tips on successful business development for startups, including how to avoid many of the typical frustrations with business development. 1. A person with deep industry knowledge and strong network ready to “do deals” can turn into a disaster if it is too early in a company’s product lifecycle. Scouting: The earliest stage of a company. 2.

In general, business development will identify and create partnerships that enable leverage for driving revenue, distribution or that enhance the product. For etablerere i Rogaland. 13 Essential Resources for Socially Responsible Companies. In our recent Commerce With a Conscience Series, supported by FedEx, Mashable wrote about the intersection of tech, entrepreneurship, business and social good.

13 Essential Resources for Socially Responsible Companies

This roundup showcases the innovations from the series and is a great resource for business owners, marketers, social entrepreneurs and consumers. To read more, click through to get the full story. 1. 11 Innovative Crowdfunding Platforms for Social Good Two heads are better than one. And the theory of crowdsourcing holds that a crowd of heads are even better. 2. 9 Sites That Measure Companies' Social Responsibility CSR is important for many consumers — you want to know where to go to find information on a corporations history of social good — and so, it should also be important to business owners, too. 3. 5 Foundations Supporting Social Good Entrepreneurship We've all participated in food drives and charitable events, but these acts of social good happen offline.

When Hell Froze Over – in the Harvard Business Review. “I refuse to join any club that would have me as a member.”

When Hell Froze Over – in the Harvard Business Review

Groucho Marx In my 21 years as an entrepreneur, I would come up for air once a month to religiously read the Harvard Business Review. 5 Practical Tips for Perfecting Your Startup Pitch. We are living in the age of the entrepreneur — more people are starting up, and it's ever important to stand out in the crowd.

5 Practical Tips for Perfecting Your Startup Pitch

When pitching investors, then, it's crucial that entrepreneurs do their research, understand what's expected of them and pitch accordingly. We spoke to a handful of venture capitalists and startup entrepreneurs to get their top tips on how to put together the ideal startup pitch. Here are the best five tips we heard. 1. Start With a Great Company "Having a great startup pitch has more to do with setting up and running a great company than optimizing some type of sales process to investors," says Ken Howery, co-founder of Founders Fund and PayPal. Easier said than done, right? While you're at it, put a little passion behind your pitch, says Howery. 2. "Cover everything investors want, or you look like you're ducking the questions "Cover everything investors want, or you look like you're ducking the questions," Teten suggests.