Archive for February, 2009
Friday, February 27th, 2009
Entrepreneurship Week 2009: Laid Off? Start a Business!
If you’ve been laid off in the past several months, you’re certainly not alone. According to recent numbers, 11.1 million people are currently unemployed and 1.9 million of those people were laid off in the last quarter of 2008. With so many professionals out of work and looking, the job-seeking conditions are becoming increasingly bleak. […]
5 Comments » - Posted in Entrepreneurship, Starting Up by Megan Dorn
Thursday, February 26th, 2009
Entrepreneuship Week 2009: Startup Costs
Many first-time entrepreneurs make the mistake of misjudging the amount of money they’ll need to get their ventures off the ground. This is often a reason many of them end up failing. A rough estimate isn’t enough. You need a detailed map with solid, well-researched numbers.
There are two kinds of startup costs—initial and ongoing, or […]
1 Comment » - Posted in Entrepreneurship, Starting Up by Megan Dorn
Wednesday, February 25th, 2009
Entrepreneurship Week 2009: Are You Ready for Entrepreneurship?
Much of success in business is related to the business idea itself. To make it, your business idea has to have potential. There must be a distinct need for your proposed business in the marketplace and a realistic potential for profitability. But oftentimes, what’s more telling than the business idea is the person behind the […]
No Comments » - Posted in Entrepreneurship by Megan Dorn
Tuesday, February 24th, 2009
Entrepreneurship Week 2009: Financing Climate
It’s no secret that finding the capital needed to finance your startup will be no picnic this year. We’re in the midst of one of the worst economic downturns since the Great Depression, causing potential funding opportunities of all kinds to become scarce.
As 2009 progresses, funding sources like venture capitalists and large banks, many of […]
No Comments » - Posted in Entrepreneurship, Financing by Megan Dorn
Monday, February 23rd, 2009
Happy Entrepreneurship Week 2009!
Today marks day one of Entrepreneurship Week 2009. And although we’re living in some tough times economically, the entrepreneurial spirit is alive and well and we’re going to celebrate it.
Right now innovation is what’s needed to help get our economy back on its feet, and we need entrepreneurs to drive that innovation. Without entrepreneurs out […]
No Comments » - Posted in Entrepreneurship, PartnerUp by Megan Dorn
Friday, February 20th, 2009
Humans Not Only Species Affected by Recession
During 2008, ________ dropped drastically, and University of Florida researchers expect this trend to continue throughout 2009. No, I’m not talking about home values, the unemployment rate or anything else related to the economy. So what is ________?
Shark attacks.
That’s right. The number of shark attacks worldwide has apparently been following the same pattern as our […]
5 Comments » - Posted in Random thoughts by Megan Dorn
Thursday, February 19th, 2009
The Elevator Pitch
The elevator pitch is one of the most important pieces of messaging entrepreneurs and small business owners can have in their arsenal. It’s a brief pitch meant to pique the interests of others, particularly potential clients and lenders, and it’s called an elevator pitch because it should last no longer than a typical elevator ride.
Your […]
No Comments » - Posted in Entrepreneurship, Small Business by Megan Dorn
Wednesday, February 18th, 2009
Entrepreneurship Levels Improving
There are many theories out there about how our economic situation has affected and will continue to affect entrepreneurship. On the one hand, consumers aren’t spending as much, lenders aren’t funding as much and overall it’s becoming much riskier and more difficult to start your own business, which leads many to believe that entrepreneurship will […]
