Wednesday, May 27, 2015
Top Entrepreneur News

Wed, 27 May 2015 17:00:00 -0500

A hands-on review of Pebble's newest watch reveals what could be a deal-breaker for some buyers.

Wed, 27 May 2015 16:56:00 -0500

While its main computer was unaffected, the agency has shut down the breached application.

Wed, 27 May 2015 16:41:00 -0500

The chain has decided to stop disclosing its sales figures as frequently.

Wed, 27 May 2015 16:30:00 -0500

Lighting and personal greetings are among the low-tech ways you and can make your store less attractive to thieves.

Wed, 27 May 2015 16:19:00 -0500

Wake up and don't smell (or sip) the coffee. At least not right away. Here's why.

Wed, 27 May 2015 16:14:00 -0500

One transport designer believes he has a solution, but don't hold your breath. It's unlikely to be implemented anytime soon.

Wed, 27 May 2015 16:00:00 -0500

You may be able to do the same thing. Just make sure you get the right advice.

Wed, 27 May 2015 15:45:00 -0500

It's your responsibility to overcome dawdling but the first step is to recognize what's holding you up.

Wed, 27 May 2015 15:30:00 -0500

Think you can't find healthy airport food? Look again.

Wed, 27 May 2015 15:15:00 -0500

A look at the many parallels between great hockey teams and great businesses.

Wed, 27 May 2015 15:09:50 -0500

Shopping is Yelp's largest category of reviewed businesses, the company said, comprising 23 percent of all reviews.

Wed, 27 May 2015 15:00:00 -0500

'A lot of the gender gap is not a gap; it's a desire for a fuller life,' the Shark Tank star says.

Wed, 27 May 2015 14:45:00 -0500

Printing piles and piles of Bill Gates' and Steve Ballmer's emails in the early 2000's led to this business idea.

Wed, 27 May 2015 14:30:00 -0500

The endless hours of grueling, low-paid work typical of playing in a band is a lot like launching a business.

Wed, 27 May 2015 14:15:00 -0500

Know what you're working toward.

Wed, 27 May 2015 14:00:00 -0500

Mistakes are inevitable. What comes after is up to you.

Wed, 27 May 2015 13:45:00 -0500

A taste of what to expect when the show starts in earnest tomorrow.

Wed, 27 May 2015 13:30:00 -0500

Sitting for too long negatively impacts your health and productivity. How two minutes per hour can turn this around.

Wed, 27 May 2015 13:30:00 -0500

Researchers at the University of Illinois at Chicago hope to create a training program that can be replicated in other places.

Wed, 27 May 2015 13:00:00 -0500

A conversation with influential fitness blogger and YouTube star Cassey Ho.

Wed, 27 May 2015 12:45:00 -0500

When that might happen isn't so clear.

Wed, 27 May 2015 12:30:00 -0500

Success doesn't come from a book or a website. It comes from hard work.

Wed, 27 May 2015 12:00:00 -0500

The old adage 'you have to spend money to make money' doesn't always apply to marketing.

Wed, 27 May 2015 11:30:00 -0500

For the past 12 years, I've gone on a trip with the same group. This has led me to be better and more creative.

Wed, 27 May 2015 10:30:00 -0500

Five years after the concept's creation, Adam Krell and Jessica Kumari opened the fitness franchise's first location in Manhattan.

Tue, 26 May 2015 22:30:00 -0500

Want to master business skills, a new language, a musical instrument? Use these six principles.

Tue, 26 May 2015 21:30:00 -0500

By implementing the strategy, you can help your company attract and retain the best talent.

Tue, 26 May 2015 21:00:00 -0500

'You're fired.' Before you even think of uttering those words, you'd better be sure they'll stand up in court.

Tue, 26 May 2015 20:30:00 -0500

Use the web tool IFTTT to automatically email you notes or even bail you out of a bad interview.

Tue, 26 May 2015 20:25:00 -0500

The tech company kicks off what it calls thew Global Entrepreneurship Call to Action.

Tue, 26 May 2015 20:00:00 -0500

Created by IPsoft, the virtual agent avatar can absorb in seconds the same instruction manuals that human employees spend weeks memorizing.

Tue, 26 May 2015 19:30:00 -0500

While positive feedback encourages people to continue doing what they do well, it's the constructive feedback that helps people -- and businesses -- grow.

Tue, 26 May 2015 19:18:00 -0500

Who needs an accountant when there is such a wide array of online services available?

Tue, 26 May 2015 19:00:00 -0500

Coke and Pepsi, look out. Zevia has its eye on you.

Tue, 26 May 2015 18:30:00 -0500

Should brands seek to bring on as many followers on as many platforms as possible?

Tue, 26 May 2015 18:15:00 -0500

In a wide-ranging interview, CEO Mark Fields talked about his strategy and plans to deal with challenges from Google, Uber and ... China.

Tue, 26 May 2015 18:00:00 -0500

Delegate. Delegate. Delegate some more.

Tue, 26 May 2015 17:47:37 -0500

One building boldly goes where no building has gone before.

Tue, 26 May 2015 17:37:00 -0500

The social network is rumored to be exploring an all-stock deal that would value the social news reader at more than $1 billion.

Tue, 26 May 2015 17:30:00 -0500

How to attract and retain the team you need is evolving as rapidly as the rest of the business world.

Tue, 26 May 2015 17:00:00 -0500

You've only got about 30 seconds to land a great first impression, and your elevator pitch is the best tool to get the job done.

Tue, 26 May 2015 16:37:00 -0500

Meshly joins the ranks of startups that aim to be the Tinder of professional connections.

Tue, 26 May 2015 16:30:00 -0500

These policies are a great deal for those that offer them, but they are a terrible deal for the consumer.

Tue, 26 May 2015 16:17:00 -0500

Imagine a Google-made stuffed robot listening, watching, sensing your every move.

Tue, 26 May 2015 16:00:00 -0500

Developing this one skill can help your startup become successful.

Tue, 26 May 2015 15:30:00 -0500

Make sure your company keeps innovating even as it grows.

Tue, 26 May 2015 15:22:00 -0500

The sister chains are upping brand standards to appease the quality-oriented customer.

Tue, 26 May 2015 15:00:00 -0500

The latest changes from Google are an opportunity for mobile marketers to climb past their compettion.

Tue, 26 May 2015 14:45:00 -0500

Richard Prince has outraged photographers.

Tue, 26 May 2015 14:30:00 -0500

What do successful business owners do that others don't?

Tue, 26 May 2015 14:00:00 -0500

If you're confused by your marketing options when it comes to social media, use this quick guide to get started now.

Tue, 26 May 2015 13:30:00 -0500

Making time to read books is among the best and surest investements available to everyone.

Tue, 26 May 2015 13:15:00 -0500

The deal combines the third and second largest U.S. cable operators to better compete against market leader Comcast Corp.

Tue, 26 May 2015 13:00:00 -0500

The founders of Sam Adams beer, Dinner Lab and Papa John's describe what it takes to build an entrepreneurial culture.

Tue, 26 May 2015 12:50:15 -0500

The new position will broaden Ive's design duties at Apple and give him the opportunity to work on projects like Apple Campus 2 and its iconic retail stores.

Tue, 26 May 2015 12:50:00 -0500

Examples from the billionaire entrepreneur's career can help you be a better business owner.

Tue, 26 May 2015 12:45:00 -0500

Constantly being in touch takes a toll. Think of shutting off all the technology once in a while as a spiritual pivot.

Tue, 26 May 2015 12:30:00 -0500

Personal goals and hectic schedules tend to consume every waking minute of the day. By doing good by others really pays off.

Tue, 26 May 2015 12:00:00 -0500

Your body language has likely become an integral part of who you are, to the point where you might not even think about it.

Tue, 26 May 2015 11:30:00 -0500

It's no longer enough to rely on imagery and messaging if you want to be taken seriously by your audience.

Tue, 26 May 2015 11:00:00 -0500

The trajectory of the beloved, green-eyed tabby shows the unique path being tread by animated characters in our digital era.

Tue, 26 May 2015 10:30:00 -0500

Julie and Kevin McAdoo say, if they had to do it all over again, they'd start with the franchise, not the startup.

Tue, 26 May 2015 10:00:00 -0500

Here are the companies that represent the problem-solving, void-filling, consumer-driven landscape of entrepreneurship today.

Tue, 26 May 2015 10:00:00 -0500

The days of talking to all of your devices are closer than you think.

Tue, 26 May 2015 10:00:00 -0500

AnyPerk aims to 'enable happiness' through a variety of incentives.

Tue, 26 May 2015 10:00:00 -0500

Check out what's taking crowdfunding to a new level.

Tue, 26 May 2015 10:00:00 -0500

If you have a product idea, but lack the skills to execute it, Assembly can help.

Tue, 26 May 2015 10:00:00 -0500

The frogImpact program creates design-centric solutions for issues in health care, disaster relief and more.

Tue, 26 May 2015 10:00:00 -0500

A TV-based caregiving platform keeps the elderly in touch

Tue, 26 May 2015 10:00:00 -0500

Nothing hip and sexy about sustainable and recycled fabrics? Guess again.

Tue, 26 May 2015 10:00:00 -0500

A pair of seasoned tech workers are helping to solve a $165 billion problem.

Tue, 26 May 2015 10:00:00 -0500

Bigger, stronger, faster: FanDuel is fantasy sports on steroids.

Tue, 26 May 2015 10:00:00 -0500

A startup goes the extra mile to help travelers in Europe plan routes.

Mon, 25 May 2015 22:00:00 -0500

Revisit this list once that familiar complaint begins: "Mom, I have nothing to do!"

Mon, 25 May 2015 20:00:00 -0500

Give this a read, even if you're already a power user.

Mon, 25 May 2015 17:00:00 -0500

Ben Korn purchased his father's Safeguard franchise in Tucson, where he could foresee future growth there, as well as year-round golf.

Mon, 25 May 2015 16:00:00 -0500

Military service is good preparation for the stamina and problem-solving required to be a successful entrepreneur.

Mon, 25 May 2015 14:15:00 -0500

Transform how you manage your inbox and change your life.

Mon, 25 May 2015 13:15:00 -0500

The founder and CEO of Fighters' Source also shares business lessons from the fight cage.

Mon, 25 May 2015 12:00:00 -0500

There are several things you can do to grow your business without ruining your budget.

Sun, 24 May 2015 14:15:00 -0500

This checklist can help you tweak your posture so you can take on anything.

Sun, 24 May 2015 13:30:00 -0500

A treasure trove of curious tidbits torn from the pages of Backrub's -- oops, we mean Google's -- company history.

Sat, 23 May 2015 17:00:00 -0500

Thou shalt not use serif fonts or more than three complementary colors.

Sat, 23 May 2015 16:00:00 -0500

Alan Regala is so good at home improvement that he reached the $1 million revenue mark within three years.

Fri, 22 May 2015 23:00:00 -0500

Jim Kelly battled two bouts of cancer, but with his teammates by his side, he was able to stand tall.

Fri, 22 May 2015 22:30:00 -0500

You may think your company is too small to get noticed. Think again.

Fri, 22 May 2015 22:00:00 -0500

Four questions to ask to ensure you're going after the right type of loan.

Fri, 22 May 2015 21:30:00 -0500

A short list of some of my favorite business leaders and where to read their insights.

Fri, 22 May 2015 21:00:00 -0500

When you invent with the market in mind, you set yourself up for success.

Fri, 22 May 2015 20:30:00 -0500

With so much to contend with nowadays, be sure to follow these four tips to make sure eyeballs are directed your way.

Wed, 27 May 2015 16:16:00 -0500

NASA has started its mission to discover if Jupiter’s icy moon Europa could harbour an ocean teeming with alien life.

Wed, 27 May 2015 16:14:00 -0500

Pot-focused magazines, cookbooks, growers’ manuals and more for those seeking to grow, bake, sell or learn more about cannabis

Wed, 27 May 2015 16:12:00 -0500

Listening to Mary Meeker present her annual Internet trends report is the closest humans get to being connected to a firehose of data: 197 information rich slides in something like 10 minutes. Don't even try to drink it all, at least not in real time. On Wednesday morning at the Code [...]

Wed, 27 May 2015 15:55:00 -0500

Reggie got fired by his scumtastic ex-boss, and now he doesn't know how to answer the question "Did you quit or did you get fired from your last job?" Liz sets him straight

Wed, 27 May 2015 14:16:00 -0500

Microsoft has its own mobile operating system and devices. Thanks to a variety of legal and strategic moves, though, Microsoft also owns a sizeable chunk of its largest competitor. Microsoft already generates significant revenue from Android and it is poised to rake in the cash from Android users thanks to [...]

Wed, 27 May 2015 13:57:00 -0500

Actress Jessica Alba has quickly built a personal $200 million fortune, and she’s done it the hard way, in a field that has nothing to do with showbiz: selling natural, nontoxic household goods to helicopter parents.

Wed, 27 May 2015 13:45:00 -0500

IT provider SHI International has made Thai Lee a billionaire. She'd rather you not call her that.

Tue, 26 May 2015 18:50:00 -0500

iOS 9 just gave up the iPhone 6S's biggest change from the iPhone 6...

Tue, 26 May 2015 13:50:00 -0500

FORBES presents its 12th annual list of the 100 most influential women from extraordinary entrepreneurs and visionary CEOs and politicians to celebrity role models, billionaire activists and pioneer philanthropists.

Thu, 21 May 2015 19:33:00 -0500

In my travels in support of the Hiring Our Heroes program, I’ve had the privilege of meeting with many veterans of the wars in Iraq and Afghanistan. Some continue to serve in uniform; others have successfully transitioned back to civilian life, while others are still struggling to complete that move. [...]

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Networking Grows A Business
By Ray Yono :: Saturday, January 19, 2008 :: 20119 Views :: Article Rating :: Business & Finance, Chaldean American Professionals

When Joseph Garmo attended a Chaldean wedding, he never imagined that he would hear the benefits of his own product begin shared by a fellow guest. 

There at the table, says Garmo, another guest seated with the group began to share his excitement for a new product our firm developed to help reduce check cashing fraud.  "It was like a totally unsolicited sales pitch" for the Michigan-based firm helping the Chaldean community deal with the rash of check fraud.  “The Michigan economy is horrible. Add low morals with a poor economy and you get lots and lots of crime,” says Garmo.  “Chaldeans in large part are victims of these crimes and not much is done to help them.  We wanted to change that.”

Garmo explains how the table guest began what would continue on as a 15- to 20-minute discussion between the guests at the table about his company's product. “It was hard to keep quiet, but I did.  I wanted to hear what they would say,” he says. “I wanted to learn if our idea could make a difference.”

It was also the moment he realized the power of his connections. He hadn't spent a dime on marketing his product and before him was a table filled with his target market discussing his Check cashing prevention system.  Listening to the Chaldean business talk, Garmo realized where the guest had learned about his product. 

How did he do it?

Like many successful Chaldean entrepreneurs, Garmo tapped an age-old marketing technique: networking. Garmo had long attended the traditional Chaldean gatherings like funerals and weddings.  However, when invited to join a professional networking group called  CAP (Chaldean American Professionals) things dramatically changed for Garmo. 

CAP is a networking organization of Chaldean professionals that collaborate and share expertise as well as work to build new business.  The group meets monthly at the Chaldean community hall in Southfield.  Garmo decided to carve out a few hours to meet and network with other Michigan professionals.  It turned out to be a great decision.

At the meeting Garmo shared a few sample check scanner devices that connect to a computer.  The device scans the check, connects to the various banks to ensure there are sufficient funds, and confirms that the holder of the check has the right to cash the note.  The device also scans the fingerprint and drivers license of the customer, all of which run an immediate background check on the customer for outstanding issues. 

Garmo gave out a few of the devices, which seemed to have traveled from one person to another.  “I never thought it would get such great attention.  From that one network meeting, the news about the new product traveled very fast,” says Garmo.   “The few people I knew had a much longer list of people in the check cashing business.  Plus, I learned a great deal about their businesses and what they would like to see in future upgrades.”        

For professional Chaldean entrepreneurs -- especially those new to a specific industry -- utilizing community contacts and cultivating new ones via networking can lead not only to future sales but also to the value obtained by learning more about a specific industry. After all, knowing who the go-to people are at various companies is never as good as an introduction from a colleague they regularly lunch with.

The Chaldean American Professionals offer ten tips to help Chaldean entrepreneurs successfully network:

Keep in mind that networking is about being genuine and authentic, building trust and relationships, and seeing how you can help others as much as you would like them to help you. 

Ask yourself what your goals are in participating in networking meetings so that you will pick groups that will help you get what you are looking for. Some meetings are based more on learning or volunteering rather than on strictly making business connections.  Groups like the Chaldean American Professionals are strictly about making business connections.

Visit as many groups as possible that spark your interest. Notice the tone and attitude of the group. Do the people sound supportive of one another? Does the leadership appear competent? Many groups will allow you to visit two times before joining.

Hold volunteer positions in organizations. This is a great way to stay visible and give back to groups that have helped you.

Ask open-ended questions in networking conversations. This means questions that ask who, what, where, when, and how as opposed to those that can be answered with a simple yes or no. This form of questioning opens up the discussion and shows listeners that you are interested in them.

Become known as a powerful resource for others. When you are known as a strong resource, people remember to turn to you for suggestions, ideas, names of other people, etc. This keeps you visible to them.

Have a clear understanding of what you do and why, for whom, and what makes you special or different from others doing the same thing. In order to get referrals, you must first have a clear understanding of what you do that you can easily articulate to others.

Be able to articulate what you are looking for and how others may help you. Too often people in conversations ask, "How may I help you?" and no immediate answer comes to mind.

Follow through quickly and efficiently on referrals you are given. When people give you referrals, your actions are a reflection on them. Respect and honor that and your referrals will grow.

Call those you meet who may benefit from what you do and vice versa. Express that you enjoyed meeting them, and ask if you could get together and share ideas.