We recently hired someone in our finance department that lasted about a week. He happened to be in his 50’s. During his exit interview he said “I wasn’t prepared to work for a company ran by Millennials”.
Until that moment I have never actually considered myself a “Millennial”. I talked about them as “they”, but never thought I was part of the “them” group. I Googled it — turns out “Millennials” apply to anyone born between 1982 and 2004. I was born in 1984….. I guess I AM a Millennial.
Okay, I’ll own it. If that is the case, what makes working for Millennials “different”?
The Baby Boomer generation grew up on Dale Carnegie leadership principles. Don’t get me wrong — I’ve read “How to win friends and influence p...
Do you want to become a millionaire? Asking doesn’t make much sense—Who wouldn’t want to be? But WHY? WHAT motivates you? And HOW to fulfill that motivation and become a millionaire? Let us get answers to these questions in the next 2 mins.
It is money which drives your expectations, needs and wants. The thing which helps and assists you in fulfilling them. It is a solution to most of your problems. Money can buy you almost anything, be it freedom, power, comfort, pleasure and the list goes on. Recently the most popular cliche that “Money can’t buy you Happiness” was proven wrong by a study conducted by Cambridge University. According to the study people who spent money in line with their personality traits were the happiest. Y...
Whether you’re running a startup or leading an established company, getting your brand noticed in today’s increasingly “noisy” digital environment can be a challenge. Old marketing paradigms – which focus on traditional media buys and banner ads – simply don’t get the traction they used to, emphasizing the need for new promotional strategies.
The numbers don’t lie
Currently, all signs point towards content marketing taking the lead as 2013’s hottest advertising trend. According to research conducted by the Content Marketing Institute:
“Without a clear vision to evolve, you will never break free of the ‘start-up’ mentality.”
–Hayley Winter, How to Evolve a Startup Into a Successful Business
How do you go from being a startup to a viable business to a very successful business? Where do we draw the lines between these classifications for companies? Founders from around the world set out to answer these sticky questions in Startups Live.
Haley Winter tried to lay the groundwork for erecting a successful venture. Some of the materials incorporated into her architectural scheme included a business plan, the startup mentality, making yourself visible and profitable, devoting resources properly.
Her article also covered the extremely difficult terrain of trying to d...
If you’ve decided to contract out to build a new website for your company, it may be a good idea to look at some of the most commonly made mistakes before you get started.
In the 15 years my web-design firm Intechnic has been in business, we’ve experienced every possible crazy, stressful situation, and have worked hard to find the best solution or compromise in each case. In the spirit of problem solving—and helping others avoid similar issues—I’ve provided a look at some common obstacles we’ve faced, along with suggestions on how to avoid them.
Setting objectives is not enough. Setting SMART (Specific, Measurable, Attainable, Relevant and Timely) objectives is a great place to start, but you must also have a sol...
Creating a healthy sales organization is imperative for startups that want to eventually scale-up. Mastering the ups and downs of sales cycles requires that you get a lot of important factors right –from hiring and managing, to prospecting and pitching, to reporting and pipeline analysis, and much more. Throw in the fact that you’re selling at a startup and you end up with a lot of unknown factors that you, as a sales leader, and your sales team have to account for and plan against.
So how can you get really good at sales? How can get your sales organization to a place where it’s the department you worry about least? How can you get through this quarter with flying colors? More importantly, how can you set yourself up for success all year r...
Determination, according to Paul Graham’s essay, is the best predictor of startup success. Determined people, he says, have three qualities: discipline, ambition, and willfulness.
Successful startups are extremely rare compared to the number of startups ever started. It means that at least one of these three qualities is rare in people. Which one? Let’s look at them one by one.
Discipline is simply doing what you’ve planned to do. It requires a plan, any plan, and your execution of it. Discipline is straightforward. So why would it ever be a problem? It is not difficult to make a plan. Most people get that far. But the doing part is more difficult—it requires something less than what we n...
Be sure to catch Part I of this discussion
“The customer is why you exist. Why your company chooses to exist. If you don’t put them on a pedestal, if you don’t remind yourself, your team, your operations why you’re a business, why you’re here, you’re destined for fail.”
–Joshua Davidson, Six Customer Service Principles To Abide By
New, new, new, new…. We tend to grow the most excited over new things and to obsess over them, so it’s no surprise that startups focus tremendous energy on new customers. So much so, that a vey important player in the destiny of companies gets overlooked: existing customers.
Unforgivable as that might be, the good news, according to Dr. Deborah Hecker, is that “respect, empathy, good listening,...
The SBA helps small businesses that may not be eligible for traditional bank loans by guaranteeing large portions of the loan on the entrepreneur’s behalf.
These loans are generally available through your local bank who relies on the SBA to back the loan in order to make it easier for them to take the risk of lending a new business without a significant amount of collateral.
Who’s eligible for a SBA loan?
Although the loans are backed by the SBA, they still require some basic underwriting by the bank to make sure the borrower can manage the loan similar to a standard bank loan.
What about poor credit?
The SBA may be underwriting the loan, but they still want to make sure it can be paid back. Standard credit risk factors (such as...
When beginning a crowdfunding campaign, it’s important to evaluate your network and establish exactly who will make up your base of support. The success of your crowdfunding campaign will largely rest on how effectively you communicate your launch within your various networks. Once you’ve identified a group of potential backers, take into account what is most interesting to your group and structure your rewards tiers in the most compelling way possible.
Your network can be divided into five main groups: friends, family, customers, professional contacts, and audience.
Your friends include those you see on a regular basis. You can reach out to this group in a variety of ways. Try a combination of social media updates, emai...