Entrepreneurs

10 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

By Carlo Castille 1 month ago

Poor performance in business doesn’t always imply the failure of a business. It can be an improving point for a business or mark its upward trajectory. Hiring an expert or a coach to walk you through this stage can help you minimize the chances of failure although identifying the problem first can be a great way to create a long-lasting strategy. Whichever path works best for you, improvement should be the ultimate goal.

We asked entrepreneurs and business owners on their best business or entrepreneur turnaround story and here are the responses.

#1- Reed Hastings

Photo Credit: Paige Arnof-Fenn

Everyone always talks about Steve Jobs and Apple but my vote now goes to Reed Hastings at Netflix. When it launched in 97 it was a DVD rental business whose only real value proposition was the mail-order element of its operation. Fast forward 20+ years and Netflix has become one of

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Online Course: Business Law for Entrepreneurs

By Carlo Castille 4 months ago

This course provides the important legal information you want as an entrepreneur and business owner. The course is ideal for helping you decide important factors to consider when leaving your current employer and taking the jump to your own business. We discuss the important components of business operational structures so you understand how to structure your business for legal and tax purposes. Next, we show you how to raise startup capital and venture capital if you need it. These concepts are complemented with the necessary legal protection you need to protect yourself as an employer as we cover employment law for hiring, and firing. Then we cover all of the taxation and liability insurance requirements you have for your business as well as the necessary pieces of contracts you will use in your business. After these foundational aspects we also cover valuating your company and selling your company when you

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An Entrepreneur’s Guide to Snapchat Marketing Mastery For Business Success! (Social Media Marketing) Kindle Editon ~ Ebook Download Online For Free

By Carlo Castille 6 months ago

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9 Things God Promises to Christian Entrepreneurs

By Carlo Castille 6 months ago

Jesus was the most influential Christian Leader who ever lived. Jesus was also the very best Christian Entrepreneur the world has ever seen, even though you’ve never sat in a chair made by the human hands of that local carpenter.

Allow me to explain the significance of this wonderful reality to you.

Without question, Jesus Christ was the best Entrepreneur the world has ever known.”

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Jesus: The Christian Leader

There has never been a time when Jesus wasn’t a leader. Even in his youth he obeyed the parenting instructions offered by his human parents, Joseph and Mary. He made his bed, picked up his clothes, and did his chores without a word of contradiction.

He was a perfect leader in his obedience, even if he was “out ranked” positionally under his own roof.

Joseph, Jesus’ earthly father, was a carpenter. Joseph made chairs, tables, and other wooden

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Where to start a new business? The 10 best and worst states for entrepreneurs

By Carlo Castille 6 months ago

iStockphoto


By Elyssa Kirkham/GOBankingRates

Entrepreneurship is a cornerstone of the American economy, and it has reached record heights in recent years. Becoming an entrepreneur is a dream for many Americans; two in five employees hope to someday strike out on their own, according to a survey from the University of Phoenix Business School.

But starting a business is a serious undertaking, and part of launching a company means getting an idea of how well your state fosters new businesses and startups. To find out which states are the best or worst for entrepreneurs, GOBankingRates conducted a study that looked at the startup opportunities, existing small businesses, business tax climate and other factors in each state.

Based on the study’s findings, GOBankingRates generated this ranking of the best and worst states for entrepreneurs.

Location is a major factor of success when starting a new business. The 10 best states for business

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Are Entrepreneurs Born or Made? – Business – Small business – Entrepreneur.com

By Carlo Castille 6 months ago

It’s an age-old question: Are entrepreneurs a special breed, born
into this world with a drive and need to succeed that most of
humanity lacks, or can they can be created through education,
experience and mentorship? We spoke to two academics who have
strong opinions on the matter.

That question has taken on urgency recently. In the past five
years, multiple studies have indicated that there may be an
“entrepreneur gene”–or at least that people with certain genetic
characteristics and personality traits are more likely to be
successful entrepreneurs than others. In his 2010 book Born
Entrepreneurs, Born Leaders, Scott Shane,
professor of entrepreneurial studies at Cleveland’s Case Western
Reserve University, suggests that genes don’t just influence
whether a person will start a business; they may even determine
how much money a person will earn. In other words, some people
are born to be alpha wolves, and

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The first 5 steps entrepreneurs should take to start a small business

By Carlo Castille 6 months ago

  • You have a great idea for a business — now you just need to launch it.
  • Business Insider spoke with four business owners and experts to learn the best steps to take to build your company from the ground up.
  • These include figuring out how to structure your business — whether it’s a partnership or LLC, for example — as well as registering your business’ name and obtaining an employer identification number.
  • Next, you should open up a bank account specifically for your business and implement a cloud-based bookkeeping system.
  • Click here for more BI Prime stories.

You’ve come up with a brilliant idea for a product or service. You’ve done your research and identified your audience as well as your competition. Perhaps you’ve created a business plan, which is a smart move if you’re hoping to secure financial backing. 

If you’re ready to take the leap and launch your

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A Step-by-Step Guide For Entrepreneurs

By Carlo Castille 6 months ago

What should be in your business plan?

Creating a business plan is a key part of starting any business venture. Even if you’ll never use it in this format for attracting investors and raising capital, it can be vital for helping all entrepreneurs to ask and think through essential questions.

Nowadays business plans are used as an internal roadmap for the execution of the company since pitch decks have taken over when it comes to fundraising required materials. For a winning deck, take a look at the pitch deck template created by Silicon Valley legend, Peter Thiel (see it here) that I recently covered. Thiel was the first angel investor in Facebook with a $500K check that turned into more than $1 billion in cash. Moreover, I also provided a commentary on a pitch deck from an Uber competitor that has raised over $400 million (see it

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21 Entrepreneurs Who Failed Big Before Becoming a Success

By Carlo Castille 6 months ago

Failure is a part of business. Very few entrepreneurs ever make it big without first experiencing some massive failures. Whether it be running a business into the ground, getting fired from a job or even going to jail, plenty of very successful entrepreneurs have seen huge failures before ever accomplishing their dreams.

So if you ever feel worn down or intimidated by the thought of failing, just take a look at these entrepreneurs who failed before making it big.

Entrepreneurs Who Failed First

Evan Williams

Before co-founding Twitter, Williams (pictured above) developed a podcasting platform called Odeo. But the platform didn’t take off, in part because Apple announced the podcast section of the iTunes store shortly after the company launched. It folded shortly afterward.

Reid Hoffman

Before co-founding LinkedIn and investing in big names like PayPal and Airbnb, Hoffman created SocialNet, an online dating and social networking site

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The 10 Most Popular New Businesses for Entrepreneurs to Start

By Carlo Castille 6 months ago

Dreaming of starting a business and wondering what kind it should be? We can’t answer that, but we can tell you the types of businesses other entrepreneurs are most interested in starting.

Every month, more than a million people visit Bplans and search among sample business plans for more than 500 types of businesses. And every year, Palo Alto Software, which owns the site, tracks which searches are most popular and publishes the top 10. It’s a fascinating look into the types of businesses most of us dream of starting, and how those dreams have changed over time.

Top 10 business-plan searches for 2014:

  1. Services
  2. Restaurant, Café, and Bakery
  3. Retail and Online Store
  4. Medical and Health Care
  5. Manufacturing
  6. Nonprofit
  7. Bar and Nightclub
  8. Farm and Food Production
  9. Wholesale and Distributor
  10. Construction and Engineering

It’s a no-brainer that Services tops the list, says Sabrina Parsons, Palo Alto Software CEO. “It’s always the

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