December 21, 2015
by dl106040
Comments Off on VENTURE IDEA
Have you guys ever parked at a garage and come back to pick up the car to find that there is a scratch or dent on it? You swear you never had it when you came to drop off the car. My venture idea is auto parking. Many people do not like to valet or … Continue reading VENTURE IDEA Continue reading
December 2, 2015
by dl106040
Comments Off on EQUITY FINANCING
There are two types of equity investments: Public Stock: holding shares of publicly traded company. The company itself can sell more shares to raise further money. Private Equity: covers a broad range of investments such as venture capital, leveraged buyout, growth capital and mezzanine capital Guidelines that a entrepreneur should follow when selecting a venture capitalist … Continue reading EQUITY FINANCING Continue reading
November 18, 2015
by dl106040
Comments Off on EARLY STAGE FUNDING
The funding’s that are available for entrepreneurs in the early stage of the company are: Self-Funding – This option is available to entrepreneurs who are highly motivated and committed to using personal resources to launch a company. Moonlight and Part-Time Consulting – this is a very important option where the entrepreneur may not want to … Continue reading EARLY STAGE FUNDING Continue reading
November 11, 2015
by dl106040
Comments Off on MANAGING RESOURCES – MONEY AND PEOPLE
Financial measurements that need to be prepared to measure a company’s performance are: The balance sheet Income statements (profit-and- loss statement) Cash flow statements (source and use of funds) There are 11 major categories in preparing a financial budget: Sales Cost of Goods Sold Gross Profit Operating Expenses Operating Profit / Loss Other Income and … Continue reading MANAGING RESOURCES – MONEY AND PEOPLE Continue reading
November 4, 2015
by dl106040
Comments Off on TECHNOLOGY ENTREPRENEURSHIP
There is a term for a new technological innovation that fits in an existing market and improves the company, it is called “going viral”. There are three factors that can have an impact on this. The first are the early users experiences, they are usually satisfying and instantaneous. This makes the users to go back … Continue reading TECHNOLOGY ENTREPRENEURSHIP Continue reading
October 29, 2015
by dl106040
Comments Off on SOCIAL ENTREPRENEURSHIP
There are many reasons as to why social entrepreneurs do what they do. In this modern age, everyone is exposed through global media about the major challenges that the under developed countries face and also people that are underprivileged in the developed world. Some of these challenges are global warming, pollution, epidemics, chronic diseases, famine … Continue reading SOCIAL ENTREPRENEURSHIP Continue reading
October 7, 2015
by dl106040
Comments Off on Setting Up The Company
First I would like the mention that there is no one “best” form of ownership. All companies start small, but as to whether you want to start it yourself or with partners is your choice of course. To find out what type ownership suits you, there are a couple of factors one must consider before … Continue reading Setting Up The Company Continue reading
October 7, 2015
by dl106040
Comments Off on Setting Up The Company
First I would like the mention that there is no one “best” form of ownership. All companies start small, but as to whether you want to start it yourself or with partners is your choice of course. To find out what type ownership suits you, there are a couple of factors one must consider before … Continue reading Setting Up The Company Continue reading
October 7, 2015
by dl106040
Comments Off on Why Do Business Plans Fail?
To investors, finding a successful business plan is like trying to look for a needle in a haystack. Even if a good business plans come around, would you be willing to risk an investment just for the word “good”? Therefore, many investors look for the best, and if it is not intriguing enough for them, … Continue reading Why Do Business Plans Fail? Continue reading
September 16, 2015
by dl106040
Comments Off on Designing Business Models
A business model is most essential to entrepreneurs. My favorite description of a business model is that it provides framework, where entrepreneurs can analyze their business plans and look for other ways for their companies to function and grow profitably while building barriers to ward off competitors. Although this is a long a boring definition, I think … Continue reading Designing Business Models Continue reading