Category Archives: Entrepreneurship

Richard Branson Says This Emotion Helped Him Start Virgin Atlantic, and It Will Work for You Too

What is going through the minds of some of the most successful business moguls when they land their breakthrough business idea? In an interview with wildly prosperous entrepreneur Richard Branson of Virgin America Inc., reporter Minda Zetlin of Inc.com gets an insight into what the key to the billionaire’s success in his ventures is. Branson isn’t done yet either. He continues to harness the feeling that led him to found Virgin Atlantic in the first place to further diversify his corporation’s portfolio of activities. Read more>>

4 Key Steps to Preparing for a Business Presentation

Entrepreneurs are good at generating ideas however; a skill that may not be their strength is public speaking. Giving a proper business presentation is what can help entrepreneurs advance their ideas into businesses and create ultimately long-term business success. Tim Calkins who spent years as brand manager for Kraft Foods offers four different strategies that help take a business presentation from average to compelling and convincing.  Firstly, preparation is key. Not necessarily preparing the delivery of the speech but instead focusing on which audience you may be presenting to and adjusting your presentation accordingly. The content that you tell your audience also must be simple concise and tell a smooth flowing story. Having a good idea in a business presentation is not enough; you also must be able to tell it.  Read More>>

Guy holding laptop

What Makes a Successful Startup Team

Many entrepreneurial experts claim that the key for running a successful startup lies in the previous experience from its team members. However, despite this 60% of startups still, fail due to problems within the team. Eva de Mol author for the Harvard Business Review wanted to dig into some further research to help find out what it takes for new ventures to succeed. From her research, she was able to find that prior startup experience, product knowledge, and industry skills do not actually help predict the success of a new venture. Instead, it is a shared passion and vision for the startups carried out by its team members. Read More>>

Reflecting on My Failure to Build a Billion-Dollar Company

Failure in business is never easy however, what you learn from the failure and what you choose do with with that knowledge is what sets a good entrepreneur apart from a great one. Sahil Lavingia the founder and CEO of Gumroad, which is an online platform that helps creators sell their products directly to consumers is a prime example of this. In 2011, Lavingia left his job as being the second employee at Pinterest and used the profits of his stock to begin the creation of his own venture. Like many entrepreneurs, Lavingia had one goal in mind- building a billion-dollar company. During the beginning stages of his company, things were looking up for Sahil but as profits started to drop he had to start making tough decisions. Slimming down his company and firing more than 75% of his employees are what started to make Sahil feel like the scheme of this “billion-dollar company” were in the days of his past. However, if Sahil never had endured this set-back he may have never made the company what it is today. Read More>>

Looking to Innovate? Ditch the Startup Mentality and Adopt a Venture Capitalist Mindset

Once a company is up and running, many say that staying innovative and “acting like a start-up” is the only way to maintain this success. However, Joe Dwyer and Sean Johnson, adjunct professors of innovation at the Kellogg School and partners of Founder Equity are suggesting to these companies in this stage of maturity to act like a Venture Capitalist instead. This approach encourages companies to think big, take risks, and to look into a different cluster of opportunities at hand. Companies like Amazon have dove into some of these opportunities, which are very risky but have led to many great breakthroughs. Although, Amazon is an extremely successful company it is also possible for smaller companies to take on this approach.  Read More>>

How business-to-business startups reduce inequality

“Starting a business is not what it used to be” Sib Mahapatra stated, the founder of Bureau, an end-to-end office furniture startup in NYC. Startups like Shopify, Breather and Fiverr give other startups the opportunity to start and grow their business at a much more smooth and cost efficient pace, changing what we thought we knew about fixed versus variable costs. Opportunity in business does not just rely on access to capital now but instead, the ability and value proposition that you have to offer. Read More>>

HELP! I WANT TO PITCH VCs BUT DON’T WANT ANYONE STEALING MY IDEA

Two of entrepreneur’s biggest worries are how to acquire investors for funding and how to keep your business idea from getting stolen. Maynard Webb, longtime technology executive, investor, board member and best-selling author explains why you do not need to worry about getting your idea stolen and instead, the need to prioritize your time worrying about how to get investors. Sharing the right information about your big idea with Venture Capitalists and angel investors might just help to make or break the deal you have been waiting for. Read More>>

Why Social Entrepreneurs Are So Burned Out

Can entrepreneurs help address the society’s biggest challenges — without burning out? These are pressing questions. According to Deloitte, private businesses are increasingly expected to help solve the most challenging social problems of our times — health, poverty, and the promotion of sustainable development — in the absence of, or in conjunction with, government action. Read more>>

This Latina Founder Is Innovating The Baby Food Industry: Here Are 4 Of Her Biggest Lessons Learned

Saskia Sorrosa left her role as the Vice President of Marketing at the NBA for a mission-driven career opportunity of her own making. Over the last three years that she launched and developed Fresh Bellies, a baby food startup, she’s learned many lessons about entrepreneurship that a 20-year career hadn’t prepared her for. Read more>>