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I paid for my college education by training horses and selling cattle; it was hard work, but the proceeds were enough to cover a four-year degree during the middle of the Recession — at a time when scholarships and part-time jobs were scarce. Even though I was negotiating prices, researching market trends, and promoting my livestock, I never thought of myself as a business person.
I didn’t think I was good enough at math, I didn’t think I had the capability to make tough management decisions, and in all honesty, I didn’t think there were many opportunities for women in business— an industry I unfortunately perceived as the ultimate “man’s world.”
Guest Post: Elena Tahora
Startup companies do not run on just ideas.
There is equipment involved, a place to operate and of course, people to hire. This is where ‘seed funding’ comes into play.
The seed funding is initial capital a company raised to fund the startup. The seed funding can come from the owner’s own pocket but most of the time it comes from outside. In order to raise the money you need, you have to negotiate well with investors.
Raising seed funding can be quite hard so we have gathered a few tips that may help you along the way!
When I started my business, I knew I was gonna make millions.
Yeah, it didn’t quite work out that way…
Chances are, when you started your company, you were planning on cashing in as well.
But what happens when hitting the motherlode Month 2 doesn’t?
What can you do when your business isn’t making money?
Does a zero profit margin mean you have to say “goodbye” and “no more” to your business brain child, or is there a few Hail Mary’s you can claim to give your entity a fighting chance?
Guest Post by Salma El-Shurafa
Entrepreneurship is about untying knots and finding solutions.
Setbacks are an inevitable occurrence. The journey as an entrepreneur has twists, turns, bumps, bruises, and even roadblocks. These events are designed to restructure one’s purpose and passion for making an even greater breakthrough than before.
Ups and downs are what great business is all about. These fluctuations are comprised of the elements of life.
Admittedly, motivation is difficult to summon when we are faced with defining times. I will teach you how to stimulate and drive your performance after experiencing serious setbacks.
Kansas City’s one of those surprising Midwestern entrepreneurial hubs, at least that’s what I’m told when networking in NYC and SoCal.
A quick look at Kansas City’s industrial history, especially within the realm of agriculture and energy, will reveal ample evidence supporting the City of Fountains’ long standing tradition of entrepreneurial innovation.
In 2015, Cushman & Wakefield ranked Kansas City (KC) as one of the top tech cities in the nation. Since then, KC has continued to maintain top rankings in the realm of entrepreneurship and technology, proving there’s more to this former-flyover city than may initially meet the eye.
As a non-Midwestern native, I met KC’s recent headlining as “America’s Most Entrepreneurial City” with great skepticism. I’d previously regarded the KC area as a landlocked metro surrounded by wheat fields, and inhabited by 1980’s-era conservatives. Continue Reading…
Not everything about starting a business is fun.
In fact, a lot of the work during the early growth stages just, well, sucks.
Yes, you read that right.
Startups can be stressful; however, the sucky, pull-your-hair-out growth stage isn’t forever. In fact, the not-so-fun startup phase can provide you a lot of information about both your business and your market – what works and what doesn’t work – that will shape your company’s future. Being able to weather the startup storm, and respond to the growing pains of your baby biz can be a “make it or break it” phase of your entrepreneurial career.
Here are three tips for making the growth phase less “sucky”:
All my besties were made at work or school.
Maybe it’s because that’s where I spent all my time; maybe it’s because I’m just lazy on the friend-making arena and never wanted to venture out.
Or maybe I’m one of those people – the kind that prefers all socialization to be task oriented. I seem to recall a name for that from my undergrad psychology classes…
Anyway, I’m quite limited on the friend making means, something that forced an abrupt realization when I left my job and grad school to work for myself – alone, as a “solopreneur”.
While not having to deal with annoying coworkers, overbearing bosses, and other workplace antics beautifully illustrated on almost any episode of The Office, was nice, I did miss my work friends. While these friendships were rarely close, they were convenient and predictable. Continue Reading…
I joined my first Facebook group way back in 2013.
I can’t remember what it was called, but know it had something to do with business.
The digital space was just picking up steam as an entrepreneurial hub, and many of the widespread social courtesies we experience today weren’t really “widespread”, yet.
Needless to say, that well-intended business-focused Facebook group quickly became overrun with a steady stream of shameless self-promo leading to a feeding frenzy of tabloid-like social spats and virtual pissing contests.
Bottom-line: it wasn’t helpful. Continue Reading…
Cultivating supportive mentoring relationships has been a total game changer for my career.
Benefiting from my mentor’s insightful input into all my major professional decisions – both employed and entrepreneurial – has provided much needed encouragement and guidance as I navigate my professional journey.
Finding an experienced mentor that’s a good match can present quite the challenge, especially if you’re a young professional just now building your own network.
Good news: there’s several mentor-matching websites available to millennial professionals for FREE!
If you’re currently seeking a mentor to help guide you along your entrepreneurial career, consider these five mentor matching sites: Continue Reading…
I’m a “Yes” person – it’s been my standing default response to just about anything, even stuff I really didn’t want to do.
Here’s just a sampling of the “I’m saying yes but really want to say no but don’t for god knows why” scenarios I’ve found myself in:
- “Want to eat grilled alligator for dinner, Hannah?”
- Gulp. “Yes,” I meekly respond, silently gagging inside.
- “While the semester starts this Monday, we were thinking you could add on an additional three hour course to your teaching schedule. Want to?”
- Cringing at the thought of creating an entire new course in 48 hours, I whisper a quasi-confident “Yes.
- “I know we agreed on a smaller campaign, but the board decided we wanted something bigger and we want it to start next week. You can do that, right?”
- Another (hesitant) but near-automatic “Yes” reply, as I mentally make a list of all the weekend plans I have to cancel to pull off this client’s request.
All I had to do was say “no”, but I didn’t.
Instead, I felt as though there was only one answer I could say, regardless of what I wanted to do or not do – “Yes.”