You’ve been thinking about starting your own business for months now. You know exactly what you want to do and how to do it but you can’t seem to move beyond the idea phase. If this sounds like what you are going through you are not alone. Far too many people sit on the sidelines […]
Starting a company with a new product invention provides both excitement and challenges for an entrepreneur. Bob Steffen is certainly aware of this. He has started several businesses, but his most recent venture presented the greatest difficulty.
Not all of the key elements to success for a new company are based upon measurements of market size and unit profit margins. Sometimes the pivotal factor is simply the personal touch of an entrepreneur.
An entrepreneur finds considerable appeal in starting a company that sells to moms because they control about 85 percent of household spending. But a new business faces some challenges that are specific to attracting the mom market.
Starting a company based upon something you know is usually the best course for a new business. Sometimes, the idea blossoms gradually and eventually turns into a full-time endeavor. This means that aspiring entrepreneurs should open themselves to exploring fresh interests. For David Rzepka, that approach led to his business venture.
Starting a business that provides services over the internet eventually requires access to outside capital. Web startups need funding to expand their online delivery platforms.
Entrepreneurship has long been regarded as something for the younger generation. But as FoxBusiness‘ Lea Strickland writes, older entrepreneurs have many advantages over their young counterparts.