The StartupNation Blog Trends, tips and real-life anecdotes from industry experts

Archive for “Plan Your Business”

Planning to Write Your Business Plan

My new company’s business plan went from beta to final release today. I’m very proud of the final product, and am excited to circle back to to prospective investors. In my opinion, Jeff and Rich have written the definitive "how-to" on business plan authorship. But how do you plan to write a business plan? I [...]

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How to Gather Competitive Research

Knowing that a market exists for your product or service is an important first step when launching a new venture, and who better to tell you about the market than your future competitors? You can start with their websites, web searches, and the Dunn and Bradstreet reports. But if you really want to learn about [...]

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Entrepreneur Word of the Day: Energy

I woke up this morning after only 6 hours of sleep with the most energy I’ve had in years. Then I had a conversation with an entrepreneur in Las Vegas who manufactures kids energy drinks. Its now late afternoon, I’ve been running hard all day and I’m still rockin’!! What’s up with all this energy?? [...]

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Do you like music? You’ve got a business idea.

I had a conversation today with Lynne Sandler on the StartupNation community podcast. She figured that similar music tastes might be a good foundation for a dating partner so she created “A Sound Match” online dating service based on her theory. I mean, c’mon! You say you can’t think of an idea for a business? [...]

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Getting Engaged to Entrepreneurship

Well, it happened again. I had the best intentions to go into management consulting following my recent departure from Charisma Arts, but it seems like I’ll be starting another business. Just can’t escape it! I was discussing this last night with a new friend who is at PriceWaterhouseCoopers. She is a Senior Manager there but [...]

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What’s OUT! What’s IN! The ‘Wayne Gretzky’ Small Business Trend Spotting Strategy

Out: heal-hurting leather-soled dress shoes Out: Clothes Out: Web 1.0 In: run-through-the-airport rubber-soled dress shoes In: Working from a home office via computer In: Web 2.0 Out: Tanning beds Out: Thinking out of the box Out: business devices with a cord (including white cords) In: Healthy tanning……….Sunless tanning, spray or lotion! In: Not allowing yourself [...]

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Predicting how successful a new technology will be

From Joan Isabella, StartupNation Radio consultant What if you could tell what technology was going to be adopted in the future. If you could find an equation to identify the market needs and strengths of a new idea, you could start a business, or invest in one that would make you rich, Rich, RICH! Pip [...]

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Cool Company of the Day: Turn Your Head

To coin a phrase, everything old is cool again, and it took a woodworker who thought just like that to come up with our cool company of the day. Tom Bashara started his Colorado Springs-based e-tail business, Turn Your Head, in 2004 after thinking up a unique way to preserve his little girls’ faces as [...]

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What is the best small business elevator pitch in the pitch-off? You tell us!

From Joan Isabella, StartupNation Radio consultant A signature feature on StartupNation Radio is The Elevator Pitch . Participants have one minute to verbally hook the interest of a potential investor on a virtual elevator ride. We are having the first ever “StartupNation Radio Pitch-Off” on StartupNation Radio and here in the community forums at StartupNation.com. [...]

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Does your business plan include an exit strategy?

I was reading an article on WashingtonPost.com about how social search startups have sprung up to fill in the gaps that the larger search engines like Google and Yahoo! have left open. It’s an interesting read and made me think of how important it is for any business, whether you’re internet based or home based [...]

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How can you help an entrepreneur? Plan more weddings!

45 days until my wedding. I have learned a great deal about many things during this wedding planning phase of my life. The results of which will likely spawn blog fodder for years to come. One of the things that I love about planning a wedding is that you are constantly engaging with entrepreneurs. The [...]

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Loving my cell phone leads to startup business ideas

A StartupNation community member recently asked “What’s your favorite office supply?” on the community forum. At first glance it seemed like a very silly question & even a sillier topic for discussion. But the question has stuck with me for a few weeks and I really thought about it as I bought a new cell [...]

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Cool Company of the Day: VocationVacations.com

Alright, those of you who want to start up a business but have no experience doing the actual kind of work that that business entails… this one’s for you: Vocation Vacations. They’re based in Oregon but serve up job stints all across the country (and beyond) at the kinds of businesses people typically only dream [...]

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Cool Company of the Day: ManageYourCellar.com

We love red wine – a lot. It’s partly the flavor, partly the infinite variety and nuances of taste, partly knowing the work and thinking that goes into that taste, partly the history and concept of it, and partly it’s that it’s supposedly healthy for you in good measure. But remembering your favorites, storing the [...]

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Cool Company of the day: Template Monster

Not quite sure how to design your web site? Want to avoid the expenses of working with designers to come up with and build out a design? We were turned on to a great solution by Brian, our web manager. And he’s right – you need look no further than TemplateMonster.com, a site that has [...]

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