Saturday, August 30, 2014
Top Entrepreneur News

Sat, 30 Aug 2014 22:00:00 -0500

Google, Amazon and Uber are all testing delivery services.

Sat, 30 Aug 2014 19:00:00 -0500

Employees who use more vacation days end up with better performance reviews, according to a recent study.

Sat, 30 Aug 2014 16:00:00 -0500

Traffic lights for toilet stalls cuts down on bathroom wait times at concerts, stadiums and other venues.

Sat, 30 Aug 2014 14:00:00 -0500

Gain credibility and give your business a boost by putting your experiences on paper.

Fri, 29 Aug 2014 22:30:00 -0500

Consumers have little patience when shopping online but no business is too small to afford a high performance site.

Fri, 29 Aug 2014 22:00:00 -0500

If infographics blew up because they caught people’s attention where a boring report wouldn't, interactives are blowing up because they catch people’s attention -- and hold it.

Fri, 29 Aug 2014 21:30:00 -0500

When employees believe in the brand, the company prospers.

Fri, 29 Aug 2014 21:00:00 -0500

A coach shares his lessons from the basketball court, noting that the failure quotient is more important than IQ.

Fri, 29 Aug 2014 20:00:00 -0500

Startups that hire well-known industry insiders sometimes find they create bigger problems with their egos than they solve with their expertise.

Fri, 29 Aug 2014 19:30:00 -0500

Millennials who are new to management roles can follow these three tips to achieve better outcomes.

Fri, 29 Aug 2014 19:03:00 -0500

The 120-year-old company unveiled a new logo today, much to the amusement (and disgust) of commenters on social media.

Fri, 29 Aug 2014 19:00:00 -0500

Set up processes that build trust, accountability and communication to reap the benefits of having a remote operation.

Fri, 29 Aug 2014 18:30:00 -0500

The first year of a startup can be a brutal time for an entrepreneur. Here are a few lessons on how to survive the first 12 months.

Fri, 29 Aug 2014 18:00:00 -0500

Research shows that businesses of all sizes would be wise to include leadership from all walks of life.

Fri, 29 Aug 2014 17:48:00 -0500

Here's a statistical breakdown of all of the completed campaigns on Indiegogo and Kickstarter as of early August.

Fri, 29 Aug 2014 17:41:00 -0500

From grill-scrubbing robots to flamethrower-like fire starters, these hot gadgets can fire up your grilling game.

Fri, 29 Aug 2014 17:41:00 -0500

As the coffee market heats up, Dunkin' Donuts is finally serving up dark-roast brew.

Fri, 29 Aug 2014 17:30:00 -0500

Should you stay or should you go? Here's how to tell whether you should keep working with that client.

Fri, 29 Aug 2014 17:00:00 -0500

Treat every potential client as you would someone who you hope will give you a second date.

Fri, 29 Aug 2014 17:00:00 -0500

This CEO explains the one quality that he believes entrepreneurs need to study and master for success.

Fri, 29 Aug 2014 16:30:00 -0500

These seven practices can enhance the benefits of community in an informal office space.

Fri, 29 Aug 2014 16:27:00 -0500

Days prior to taking office, Emmanuel Macron suggested that unions should vote on certain 'exceptions' to a long-running and controversial French law.

Fri, 29 Aug 2014 16:09:00 -0500

If they succeed, the non-profit could use the registration to block other charities from capitalizing on the viral campaign.

Fri, 29 Aug 2014 16:00:00 -0500

Where the gap between the digital and the real starts to blur.

Fri, 29 Aug 2014 15:36:00 -0500

The California Supreme Court ruled that Domino's could not be held liable as an employer in an employee's sexual harassment case.

Fri, 29 Aug 2014 15:30:00 -0500

Starting a business requires a mentality that enjoys a mix of activities that include leadership, decision-making and problem solving.

Fri, 29 Aug 2014 15:00:00 -0500

This veteran explains the importance of creating a roadmap -- and delivering on it.

Fri, 29 Aug 2014 15:00:00 -0500

Don't lose hope when challenging projects seem to drag on. Use these tips to stay on track.

Fri, 29 Aug 2014 14:51:00 -0500

The tech giant recently completed test flights in Australia with a drone that hovers like a helicopter and flies like a plane.

Fri, 29 Aug 2014 14:30:00 -0500

Don't let your guard down when planning a getaway. Consider these tips to stay safe from criminals and online threats.

Fri, 29 Aug 2014 14:00:00 -0500

There is a massive problem of companies not pursuing customer inquiries right away, which is a huge opportunity for you.

Fri, 29 Aug 2014 13:30:00 -0500

The hardest part about being an entrepreneur isn’t coming up with the next genius idea, it's getting it out there.

Fri, 29 Aug 2014 13:13:00 -0500

After leading Rovio Entertainment for five years, Mikael Hed is stepping down as chief executive.

Fri, 29 Aug 2014 13:00:00 -0500

While many young techies are spending their money on nightlife, others are taking it a step further, by buying their own stake in restaurants and bars.

Fri, 29 Aug 2014 13:00:00 -0500

Before your kick-off your holiday weekend, check out the news business owners need to know.

Fri, 29 Aug 2014 12:30:00 -0500

Blogging has become the world's most crowded and competitive non-profession. The vast majority make peanuts and have close to zero market share.

Fri, 29 Aug 2014 12:00:00 -0500

Photos apparently outperform all other types of content on Google's social network.

Fri, 29 Aug 2014 11:30:00 -0500

Follow these tips to introduce movement into your otherwise sedentary day at the desk.

Fri, 29 Aug 2014 11:00:00 -0500

A huge majority of employees report being disengaged, mostly because they are ignored. Motivating them is often as simple as listening.

Thu, 28 Aug 2014 23:00:00 -0500

The power of mobile marketing to attract and retain customers turns against entrepreneurs who forget there is a person receiving that message.

Thu, 28 Aug 2014 22:30:00 -0500

Add these business titles to your book bag to get your thinking off the beaten path.

Thu, 28 Aug 2014 22:00:00 -0500

There are five interesting parallels between these two worlds that can help your staff close deals.

Thu, 28 Aug 2014 21:30:00 -0500

They're young and already changing the status quo. Discover and follow these four young entrepreneurs as they rise up.

Thu, 28 Aug 2014 21:00:00 -0500

Using software to develop leads can be effective, but keep four things in mind when forming a strategy.

Thu, 28 Aug 2014 20:30:00 -0500

The influence of a single customer's opinion will continue to grow in sync with the pervasiveness of social media.

Thu, 28 Aug 2014 20:00:00 -0500

Small businesses may think they have a disadvantage when it comes to competing against the big guns but one place they can shine is in delivering exceptional customer service.

Thu, 28 Aug 2014 19:54:00 -0500

Throwing curveballs during job interviews can help weed out candidates who possess valuable critical thinking skills.

Thu, 28 Aug 2014 19:35:00 -0500

It’s back-to-school season. Here are the leading universities producing the most VC-backed graduates.

Thu, 28 Aug 2014 19:35:00 -0500

In the latest lawsuit that attempts to define the line between independent entrepreneur and employee, the court ruled that FedEx Ground drivers are employees, not independent contractors.

Thu, 28 Aug 2014 19:30:00 -0500

If you can launch a product with limited funds, investors will take you seriously. Follow this advice to up your chances.

Thu, 28 Aug 2014 19:15:00 -0500

Viewing habits and advertising trends are poised for a dramatic and sweeping change.

Thu, 28 Aug 2014 19:00:00 -0500

Not all accelerator programs are created equal. Follow this list of do's and dont's to make sure you find the right one for your company.

Thu, 28 Aug 2014 18:45:00 -0500

Brad Pitt and Angelina Jolie’s secret wedding ceremony offers surprising insight into business success.

Thu, 28 Aug 2014 18:00:00 -0500

People want to talk with a person they trust before making the buying decisions that matter most.

Thu, 28 Aug 2014 17:30:00 -0500

People ignore sales pitches but love stories. Happily, it costs little to tell potential customers the story of you, your business and what you offer.

Thu, 28 Aug 2014 17:00:00 -0500

There's a secret to working with your spouse -- and it's not denial.

Thu, 28 Aug 2014 16:30:00 -0500

The heads of some of America's biggest companies divulge their personal and work habits.

Thu, 28 Aug 2014 16:15:00 -0500

Samsung and LG have announced new smartwatch launches on the heels of reports that Apple will unveil a long-awaited wearable on September 9.

Thu, 28 Aug 2014 16:00:00 -0500

You do not need to be a meth kingpin to know something about building an empire, but you could definitely learn from one.

Thu, 28 Aug 2014 15:57:00 -0500

Talk about a pivot. Sanrio received a boatload of publicity yesterday with the revelation that Hello Kitty is not, in fact, a cat.

Thu, 28 Aug 2014 15:30:00 -0500

There is a generational divide in how we view the value and depth of our co-workers.

Thu, 28 Aug 2014 14:49:00 -0500

The social network tries again to sell us on using its standalone messaging app.

Thu, 28 Aug 2014 14:30:00 -0500

Your startup's online presence has huge implications for winning funding and making sales. Listen to those who've learned the hard way.

Thu, 28 Aug 2014 14:15:00 -0500

This founder of a doggy boarding and daycare franchise uses apps to store passwords, stay connected to her workout buddies and handle travel plans.

Thu, 28 Aug 2014 14:00:00 -0500

Our society values skills, but everyone is obsessed with results. The problem with this is that it can become easy to get trapped focusing on results when you should really be building your skills.

Thu, 28 Aug 2014 13:00:00 -0500

How to deliver content and resources that your target audience will find valuable.

Thu, 28 Aug 2014 13:00:00 -0500

A new report predicts the dental sector will lead the growth in commercial 3-D printing over the next decade.

Thu, 28 Aug 2014 12:30:00 -0500

Some careful questioning to explore when employees recall being most enthused will tell you, and them, how they can be motivated on the job.

Thu, 28 Aug 2014 12:00:00 -0500

Four big ways to get responses from people the popular and famous.

Thu, 28 Aug 2014 11:30:00 -0500

Two franchisees spill on how they managed to make this fast-casual staple catch on in New England.

Thu, 28 Aug 2014 11:00:00 -0500

Public companies have much to gain from the power of video to showcase their executives and their message.

Wed, 27 Aug 2014 22:30:00 -0500

Context, the sharing economy and big data are worth considering when strategizing about how to scale a small company.

Wed, 27 Aug 2014 22:00:00 -0500

For entrepreneurs to succeed, they need to figure out consumers' needs and develop a product to solve these issues. Here are a few steps to help you determine product-market fit.

Wed, 27 Aug 2014 21:50:00 -0500

Scott is looking to wipe out the competition with an environmentally-friendly brand of toilet paper that cuts down on the 17 billion cardboard tubes it says are thrown away each year.

Wed, 27 Aug 2014 21:30:00 -0500

Keep your audience entertained with a video or photo that they want to see.

Wed, 27 Aug 2014 21:27:05 -0500

Why I proudly agreed to be part of the U.S. State Department's Speaker and Specialist Program to export entrepreneurism.

Wed, 27 Aug 2014 21:06:00 -0500

Target, Nordstrom and other big-name brands are using Curalate's latest feature to make their Instagram feeds more 'shoppable.'

Wed, 27 Aug 2014 21:00:00 -0500

The right time to become a better leader is today, tomorrow and every day that your team relies on you.

Wed, 27 Aug 2014 20:30:00 -0500

You need to influence people even before they get to your landing page by convincing them of the value you're offering.

Wed, 27 Aug 2014 20:06:00 -0500

This latest round of funding values The Honest Company, a maker of eco-friendly family and baby products, at close to $1 billion.

Wed, 27 Aug 2014 20:00:00 -0500

Both methods have advantages and drawbacks, and could determine how you file your taxes.

Wed, 27 Aug 2014 19:53:00 -0500

New research reveals that while we're all scared asking for advice will make us look like incompetent fools, it actually has the opposite effect.

Wed, 27 Aug 2014 19:39:00 -0500

The criticism of Uber's disruption of Lyft is misplaced. We should all be so competitive.

Wed, 27 Aug 2014 19:30:00 -0500

Research has shown that employees are spending time managing their teams instead of working, which cost companies big.

Wed, 27 Aug 2014 19:00:00 -0500

Naive optimism fuels the dream of building your own company but when you launch, it is time to get real.

Wed, 27 Aug 2014 18:58:00 -0500

A new online service aims to find accommodations for brave, broke college students who are traveling.

Wed, 27 Aug 2014 18:39:00 -0500

While the company's penchant for cancelling rides has been well-documented, the practice -- until now -- has remained largely misunderstood.

Wed, 27 Aug 2014 18:30:00 -0500

Consumers are, so far, unmoved by the prospect of the hyper-connected home and won't be until the technology is as easily used as a smart phone.

Wed, 27 Aug 2014 18:06:00 -0500

Vani Hari has already convinced Subway and Chick-fil-A to make big changes. Now, she's taking on Starbuck's favorite fall drink.

Wed, 27 Aug 2014 18:00:00 -0500

The quickest line producers might fall short in mastering the skills required of a manager. Here's a checklist of warning signs to watch out for.

Wed, 27 Aug 2014 17:30:00 -0500

Call it entrepreneurial serendipity, but businesses that embrace worthy causes are finding charitable giving is a powerful brand enhancer.

Wed, 27 Aug 2014 17:15:00 -0500

The workplace can be a difficult space to operate from a social perspective. Here are some things you'll definitely want to avoid.

Wed, 27 Aug 2014 17:00:00 -0500

A tech professional was not picking up on essential people cues. Playing cards cured him.

Wed, 27 Aug 2014 16:42:00 -0500

The first time Ryan Grepper took his tricked-out cooler idea to Kickstarter, he failed to make his $125,000 goal. The second time, his cooler became the most funded project in Kickstarter history. Here’s what he learned.

Wed, 27 Aug 2014 16:30:00 -0500

Marketers really need to know their customers, or risk coming off flat and factual. Build up the psychographics of your potential base.

Wed, 27 Aug 2014 16:22:00 -0500

Kleiner Perkins Caufield & Byers tendered a $20 million investment in the as-yet-unprofitable ephemeral messaging app last May.

Wed, 27 Aug 2014 16:00:00 -0500

To improve employee engagement and make positive changes in the workplace, leaders should be asking employees for their honest opinion about what is working -- or not working -- in the organization.

Wed, 27 Aug 2014 15:53:00 -0500

The new tablet will have a 12.9-inch display and could go into production as early as next year.

Wed, 27 Aug 2014 15:30:00 -0500

For those people constantly on Twitter, planning a tweetup can help bring online relationships offline. Not only does it help with networking but also building your personal brand.

Wed, 27 Aug 2014 15:00:00 -0500

Marcel Botha, an entrepreneur working out of an innovative co-working space in Brooklyn, talks about how he was able to rapidly prototype an ergonomically designed baby spoon thanks to 3-D printing technology.

Sat, 30 Aug 2014 20:51:00 -0500

Michael Sam, the first openly gay player to be drafted in the NFL, was cut by the St. Louis Rams on Saturday. Sam was one of the Rams' last cuts before the NFL season begins this week. He's now a free agent who will pass through waivers, which means that every [...]

Sat, 30 Aug 2014 09:52:00 -0500

There might still be a way to solve the Ukraine crisis without escalating military action and the debilitating economic consequences of increased and lengthy sanctions, and that would be to give up the east of the country, just as the Crimea, and quickly join the rest to Europe, according to some analysts.

Fri, 29 Aug 2014 20:00:00 -0500

Instagram's time-lapse app is being touted as a tool for recording our everyday lives. But it could also broaden our view of nature.

Fri, 29 Aug 2014 17:28:00 -0500

Ariana Grande can't sing as well as you think she can--at least, that might just be what she wants you to believe.

Fri, 29 Aug 2014 17:22:00 -0500

Can a multi-level marketing or network marketing business be the solution to the retirement savings crisis and help people make a successful transition into their retirement year? The answer will surprise you

Fri, 29 Aug 2014 15:31:00 -0500

At its core, business is simple. It is about serving others. People make it complicated. Re-focus on the basics: serving your employees, customers, and communities then abundance will follow. Imagine if . . . Everything your employees did had meaning and purpose for them and your organization. Employees always knew what to do [...]

Thu, 28 Aug 2014 19:23:00 -0500

With renunciations of citizenship at an all time high, the state department is feeling overworked and hiking the fees to renounce by 422%.

Thu, 28 Aug 2014 14:05:00 -0500

Landing a great job today is a complex, multifaceted process that needs an effective plan and a can-do spirit.

Tue, 26 Aug 2014 16:42:00 -0500

We all know that it takes passion to succeed. We know this because parents, teachers, friends, colleagues, bosses, career advisors, TV talking heads, and even the pet groomer down the block relentlessly drill the Passion Principle into our heads. But what does it actually mean to have passion? What exactly are [...]

Mon, 25 Aug 2014 16:43:00 -0500

Want to dominate your market? Then cancel your next change management seminar and read this on the alpha wolf. Great leaders recognize that, like it or not, humans are animals. And like the wolf, we organize into tight-knit, family-like units that must be run in an optimal way to thrive. The [...]

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Networking Grows A Business
By Ray Yono :: Saturday, January 19, 2008 :: 17456 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.