POST CATEGORY : Entrepreneurs

5 Ways To Make Some Cash for Your Next Big Idea

The thing about having a big idea, is that often to make it happen, you have to have money. And unless you’re already independently wealthy, it’s logically improbable just to have enough extra cash floating around that you can throw it at a new project, and still maintain your current lifestyle.

Funding a business idea

Thus, many next big ideas won’t ever get started. However, there is hope! If you break your idea into sizable chunks and figure out how to get the cash flow going using these five potential avenues, at least you’ll give your concept a fighting chance to be born into the world.…

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4 Misconceptions about Running your Own Business

Running a business is a dream job for many and becomes a living nightmare for others. For the ones on the latter side, this may be partly due to what they thought running a business would be like compared to what it actually is.

Overwhelmed entrepreneur

We all see really cool stories of the Richard Branson’s of the world buying up islands because they happened to have the same name as their companies or the billionaire 30-somethings that jet set around the world while Anderson Cooper tags along. We then think, “Wow that could be my island” or “That could be me and my friends going to surf by private jet.”…

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Self-Employed at Last: The Top Common Blunders to Avoid at Any Cost

Being self-employed is a lot of fun, but it’s also a lot of work. Most new business owners make a lot of mistakes. Here are some of the most common, and how to avoid them.

Making business mistakes

Failing To Budget

Small businesses are especially prone to accounting mistakes, unless they happen to be accountants.

Make a budget, and stick with it. Budget out, to the penny, how much money you need to keep the doors open. Then, round up. Yes up. Add in 10 percent to that rounded figure. This gives you a nice cushion – a safety net – that hopefully you’ll never have to use.…

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Examples of Successful Scientific Startups

According to the NY Times, investors are beginning to take an interest in science, engineering, and clear-technology startups again. There was a long period of time during which investors “shied away” from science startups, but those days are over. It’s a new era of scientific funding, and in an effort to encourage those investments, here are a few scientific startups that prove it’s possible to earn money and help the world through technological and scientific achievement.

Science business

The Founders Fund and the Power of Social Media

Advanced coding has resulted in some of the best apps and social media technologies. The Founders Fund, a group of investors, smartly backed “social networks like Facebook and Yammer and the streaming-music service Spotify.”…

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Tips For Starting Your Own Medical Practice

Entrepreneurship is well rewarded in the medical field.  If you are strongly competent in your field and know how to take care of business, you could really do well for yourself by owning your own practice.  Sometimes it’s hard for us to know where to start in the beginning, though.  There’s no shame in following the path of others to a successful ending.  Here are a few tips that will help smooth out the rough edges of your journey into business ownership.

Doctor running a medical practice

Education is key

Without a good education under your proverbial belt, you won’t be able to gain a solid reputation in the medical field. …

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Understanding the Agriculture Market

Everybody has to eat. There are carnivores, herbivores, and locavores, but whatever diet a consumer chooses, it will always come at least partly from a farm.

That seemingly perpetual demand can inspire people to investigate agricultural businesses as an investment or entrepreneurial opportunity. And it can be a very profitable sector, but there are a few insiders’ points that would-be investors should understand.

Farmer and his vegetables

To start off, not every farmer owns a farm, or at least not every acre that he or she farms. While the idyllic picture of the family farm sometimes holds true, the fact is that a large percentage of farmers are actually renting a big portion of the land they tend.…

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Things you Need When you Start your First Business

Starting your first business is an exciting time. Being your own boss, taking crucial decisions, and creating a vision for your new venture is something you will learn to truly appreciate as your business grows. However, breaking out with a new business is certainly not easy, so here are some tips to guide you on your first business journey.

Co-founders

Do you have a plan?

You may have a brilliant business idea, but do you have plan? You need to know how you are going to achieve your idea. For this, you will require a business plan and strategy detailing the various stages and strands of how you aim to promote, deliver, and achieve your targets.…

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Tips for Starting a Small Business on the Side

Regardless of your current line of work, you may not feel completely fulfilled within your singular career. The reasons for this could be many—additional interests, insufficient funds, lack of passion. If you’ve found yourself in this situation, the solution may be starting up a small side business.

Start a side business

While the idea of a side business may appear intriguing, it’s important that you go about doing it correctly in order to make sure you haven’t spread yourself too thin and will actually get the results you’re looking for. To ensure you will find both professional and personal fulfillment with your side business, here are three tips for success.…

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What You Need to Start a Business From Your Van

The global financial crisis may have seen many companies go out of business but it brought to life a lot of successful, inventive ones as well. Many budding entrepreneurs had to come up with unique ideas or services to start making money, while a lot went back to basics in attempts to turn a profit. One such idea is making use of existing resources to start a business, such as running a business out of your own van.

Cafe on a wheel

This has many advantages as you’re the boss so can choose working hours to suit your lifestyle and the money you make is even more rewarding.…

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Five Businesses You Can Start Almost Immediately

Setting up a new business, whether as a solo venture or with a partner, is an exciting opportunity but it can take a lot of effort. Sourcing funds, creating a budget and just organising the general running will eat into a lot of time when you’re eager to get out there and start making money.

Hard working entrepreneur

There are a number of business options which don’t take as long to set up for those with an entrepreneurial itch. Many can be done from home and around another part-time job, with little set-up time or equipment required.

Child Minding

The go-to option for many teenagers looking to earn extra pocket money, babysitting or child minding is also a quick and (fairly) easy way to make money as an adult.…

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