According to CEO of Rakuten, Hiroshi Mikitani, the secret to growing your startup is by following his theory called the Rule of three and 10. Basically, this rule means that businesses start to fall apart once they achieve multiples of three, as well as powers of 10, in any one part of the business. The context of the rule is usually around insufficient employee counts for the amount of work that … [Read more...]

Most entrepreneurs encounter anxiety inducing cash flow problems near the start of their businesses. While many individuals opt to deal with fund shortages through the use of loans, there is a better and less risk intensive option available. Entrepreneurs who are low on funds should consider utilizing financial leverage in order to improve cash flow. This method facilitates quicker earnings at … [Read more...]

Building a successful startup from the ground up is no easy feat. Entrepreneurs will face unprecedentedly heavy demands on their mental and physical capacities as well as on their time. It will be vitally important to learn how to make the most of the time spent working in order to be as productive as possible. One feature of accomplishing this balance will require the individual to embrace a zero … [Read more...]

Global business expansion can be exciting and rewarding, but unless you adapt to the local culture, the expansion is unlikely to meet its promise. We at Ustwo learned a thing or two about going global when we expanded from one London studio to three countries in 13 years. First, make no assumptions: every work culture is unique. Second, dispense with cultural stereotypes. Finally, learn from … [Read more...]

Healthcare is a highly inefficient industry that is ready for technological disruption, opening up numerous promising opportunities for innovators and investors. Increasing adoption of existing technologies to improve the performance of healthcare companies will be one of the main drivers of change. The biggest opportunities are in big data and analytics for forecasting medical issues and speeding … [Read more...]

Here is a list, from Duct Tape Marketing, of things you can do offline to promote your online business. 1. Have an article published in a magazine. 2. Have business cards printed. 3. Guerilla marketing using stickers. 4. Advertise on the radio. 5. Conduct an educational workshop. Provide special offers only available to workshop participants. 6. Give away branded promotional materials, such as … [Read more...]

According to Brent Hoberman, serial entrepreneur, sometimes the craziest business ideas are the best! The leader of Founders Factory gives his very own tips on starting a business, finding investment money, and getting others to believe in you. For starters, if you’re at the point of asking someone for their money, you should have already given up your regular employment. Test your business idea … [Read more...]

In October, Jennifer Mallet, CEO, president, and founder of Level Up Your Home, was honored as a part of Women’s Small Business Month. Jennifer gained her experience as a smart home installation specialist at Bose, where she oversaw the company’s home installation division across the U.S. and Canada. Under Mallet’s direction, the sector at Bose thrived and she eventually decided to go off on her … [Read more...]

The path out of small business debt may be closer than you think. It only takes a few steps to get back onto the right track. To start, small businesses that are in debt will need to scrutinize and reorient their budgets and try to reduce overall expenses. If possible, try paying with cash for the time being. Small businesses that are in debt should also reach out to lenders and creditors and … [Read more...]