Monday, September 15, 2014
Top Entrepreneur News

Mon, 15 Sep 2014 22:30:00 -0500

Finding a great mentor is hard. Here are a few tips on how to stand out from the crowd and gain access to amazing advisors.

Mon, 15 Sep 2014 22:00:00 -0500

While allowing employees to work remotely can be a great recruiter tool, managing this type of team can be challenging. Here are a few pointers to make the process easier.

Mon, 15 Sep 2014 21:30:00 -0500

Outdoor billboard advertising is nothing new, today’s top marketers are innovating they way they use experiential marketing to tell their brand stories.

Mon, 15 Sep 2014 21:07:00 -0500

Procrastinators, take note: As seductive as it often sounds, working under pressure probably isn't the best strategy for achieving stellar results.

Mon, 15 Sep 2014 21:05:00 -0500

Riding high on record-breaking iPhone pre-orders, Tim Cook discussed television, competition and the art of simplicity in a brand new sit-down interview.

Mon, 15 Sep 2014 21:02:00 -0500

The tech giant snagged Mojang, the maker of the popular game Minecraft, but its founders are out.

Mon, 15 Sep 2014 21:00:00 -0500

A 'transfer of ideas' must be done with care so each individual understands and appreciates the firm's values.

Mon, 15 Sep 2014 20:30:00 -0500

Caution and a deep appreciation for all you don't know are, surprisingly, key elements of success in the go-go, big-ego world of investing.

Mon, 15 Sep 2014 20:30:00 -0500

Become a powerful workplace influence by effectively modeling top-notch behavior. Don't have all the skills yet? Fill in the gaps.

Mon, 15 Sep 2014 20:00:00 -0500

You don't have to know how to build an app to get a good idea for one. Just add hiring developers to your launch check list.

Mon, 15 Sep 2014 19:15:00 -0500

When the purchasing decision chain is full of doubters, these tips can help you woo more customers.

Mon, 15 Sep 2014 19:00:00 -0500

To get your mind flowing with ideas, consider the advice of these great thinkers throughout history.

Mon, 15 Sep 2014 19:00:00 -0500

Gain familiarity with the business landscape, then seek a wide market and put revenue-generating ideas on a fast track.

Mon, 15 Sep 2014 18:46:00 -0500

Some suggest the electric car company's shares had risen for the wrong reasons.

Mon, 15 Sep 2014 18:37:00 -0500

A look at what employees care about the most in the workplace, how millennials are being misunderstood around the office and how leaders are perceived by their workers.

Mon, 15 Sep 2014 18:30:00 -0500

The glitter of social media makes email seem a bit stodgy but the inbox is still the path to a customer's heart.

Mon, 15 Sep 2014 18:15:00 -0500

Our employees deserve great leaders who can work together to help everybody succeed and do what's best for their customers.

Mon, 15 Sep 2014 18:00:00 -0500

It’s easy to become overwhelmed in the early stages of launching a company. Try these steps to guide you along the way.

Mon, 15 Sep 2014 17:45:00 -0500

The discreet methods of hackers make an incursion extremely hard to detect. Both large and small companies are at risk.

Mon, 15 Sep 2014 17:30:00 -0500

Big data, social media and self-publishing has changed the game forever, but what do you really need to know?

Mon, 15 Sep 2014 17:15:00 -0500

What’s the point in losing money on purpose? Here are some telltale clues that your business is not a sound proposition.

Mon, 15 Sep 2014 17:00:00 -0500

Knowing what exactly a business valuation is as well as its components isn't easy. Here's a straightforward rundown.

Mon, 15 Sep 2014 16:58:00 -0500

A theme park in China has created a 164-foot lane for pedestrians to use as they tap away at their phones. The concept borrows heavily from an experiment conducted by National Geographic in Washington, D.C., last July.

Mon, 15 Sep 2014 16:30:00 -0500

If you're in the green space, you have to remember that people don't buy sustainability, they buy good products.

Mon, 15 Sep 2014 16:00:00 -0500

As entrepreneurs, we all know people who could benefit from our professional assistance. Here is how to begin the conversation without sounding too 'salesy.'

Mon, 15 Sep 2014 15:30:00 -0500

Start your week with these top tricks and tips from Entrepreneur's online contributors.

Mon, 15 Sep 2014 15:30:00 -0500

Business owners should be prepared to face these forks in the road head on if they want to keep moving ahead.

Mon, 15 Sep 2014 15:00:00 -0500

As leaders do unto employees, so employees do unto customers.

Mon, 15 Sep 2014 14:30:00 -0500

Starting and running your own business isn't for everybody. Run through these qualities to see if you're cut out for it.

Mon, 15 Sep 2014 14:00:00 -0500

No, life and success don't end in your 20s and 30s. Here are some perfect examples.

Mon, 15 Sep 2014 13:30:00 -0500

These little tips can make you a happier, healthier and more productive person.

Mon, 15 Sep 2014 13:30:00 -0500

Starting a business is always a risk, but the young founders behind these awesomely innovative companies are off to a great start.

Mon, 15 Sep 2014 13:10:00 -0500

When Paul Danylik opened up an ice cream franchise, he knew he'd have to deal with regulation. He just didn't know how much.

Mon, 15 Sep 2014 13:00:00 -0500

Jessica Banks, the founder of RockPaperRobot, a kinetic furniture business, explains how she has transitioned from artist to entrepreneur.

Mon, 15 Sep 2014 13:00:00 -0500

Entrepreneurial success isn't reserved for one personality type, and you don't have to commit all your savings to an idea on blind faith.

Mon, 15 Sep 2014 12:30:00 -0500

Based on what I've learned, here's some insight if you happen to be getting started along this road to starting a company of your own.

Mon, 15 Sep 2014 12:00:00 -0500

With some tips and some practice, you can leave a lasting impression that you will want people to remember.

Mon, 15 Sep 2014 11:30:00 -0500

A far-reaching survey shows that workers who are paid fairly stay with a company that gives them opportunity and respect.

Mon, 15 Sep 2014 11:00:00 -0500

If you want publicity, you have to make it as easy -- and enticing -- as possible for journalists to jump on your story.

Mon, 15 Sep 2014 10:30:00 -0500

Success is tough enough in big, wealthy countries. This teen 'trep from a tiny island nation is studying the example of a local hero.

Mon, 15 Sep 2014 10:00:00 -0500

With a unique ability to weave visual backstories and touch untold masses, QVC can serve as a transformative vehicle for entrepreneurs.

Sun, 14 Sep 2014 18:00:00 -0500

An entrepreneur explains how she assembled a group of friends to meet every two weeks and help her write her volume.

Sun, 14 Sep 2014 14:00:00 -0500

Look out for these five factors everyone should use for their personal fitness goals.

Sat, 13 Sep 2014 18:00:00 -0500

No big screens! Well, let's re-think that, shall we?

Sat, 13 Sep 2014 16:00:00 -0500

If it works for dates, it should work for matching students with tutors.

Sat, 13 Sep 2014 14:00:00 -0500

A little-known member of the Bush family advises finding a business that can make money doing society some good, preferably in niche with little competition.

Fri, 12 Sep 2014 21:00:00 -0500

Staff training is key to keeping a workforce in the flow. Design a program to elicit productive coursework.

Fri, 12 Sep 2014 20:30:00 -0500

We get great value from the painful process of letting go of what no longer works for us.

Fri, 12 Sep 2014 20:00:00 -0500

We all love great ideas but to get a product to market on time, and on budget, somebody needs to draw a line at good enough.

Fri, 12 Sep 2014 20:00:00 -0500

Leaders need to take a stand for what’s right when bad behavior occurs.

Fri, 12 Sep 2014 19:45:00 -0500

Companies are increasingly focusing on the kitchens as an office gathering places and providing meals or snacks to reward their staffs.

Fri, 12 Sep 2014 19:42:00 -0500

The year-old company is working to develop a portable gluten detecting sensor.

Fri, 12 Sep 2014 19:30:00 -0500

Unless your product is truly disruptive or you have bags of cash, don't bother bringing it to market. Instead, solve a real-world problem.

Fri, 12 Sep 2014 19:28:00 -0500

After being exhumed from a New Mexico landfill earlier this year, copies of the world's worst video game will now be up for auction.

Fri, 12 Sep 2014 19:15:00 -0500

Assess what you're trying to accomplish in life beyond making money at your company. Otherwise you might be headed for trouble when life catches up with you.

Fri, 12 Sep 2014 19:00:00 -0500

The manufacturer of protective cases for smartphones deployed a thorough partnership strategy to elevate its brand during a pivotal time for trendsetting and branding.

Fri, 12 Sep 2014 19:00:00 -0500

Companies grappling with the relentless threat of cyberattacks have to secure the vast amounts of their data moving around with their employees.

Fri, 12 Sep 2014 18:30:00 -0500

What you do to runn a good business with an ordinary partner goes double when you see the staff at every holiday gathering as well as at the office.

Fri, 12 Sep 2014 18:23:00 -0500

The ride-hailing apps have been told that they are in violation of state law by offering carpooling services for money.

Fri, 12 Sep 2014 18:06:00 -0500

You have to see this new take on the traditional jetpack.

Fri, 12 Sep 2014 18:00:00 -0500

This is an era when time, place, secrecy, size and order are no longer relevant, when customers expect personalized outcomes delivered by passionate, agile and responsive employees.

Fri, 12 Sep 2014 18:00:00 -0500

Every entrepreneur should be harnessing this tool to get further, faster.

Fri, 12 Sep 2014 17:59:00 -0500

After a livestream unveiling its next generation of devices malfunctioned on Tuesday, the Apple store similarly crashed early this morning when the latest iPhones became available for preorder.

Fri, 12 Sep 2014 17:56:00 -0500

As Starbucks considers revising its visible tattoo ban, we ask you: Do you think tattoos are important self-expression or unprofessional in the workplace?

Fri, 12 Sep 2014 17:30:00 -0500

You put in a lot of work just to be invited to give a presentation. Don't blow your opportunity with little mistakes.

Fri, 12 Sep 2014 17:15:00 -0500

New research finds a positive correlation between CEO fitness and firm value.

Fri, 12 Sep 2014 17:15:00 -0500

Don’t waste time chasing investors. A myriad of options exist for ambitious entrepreneurs seeking to expand their startup and in need of financing.

Fri, 12 Sep 2014 17:00:00 -0500

The few companies that have won the customer's implicit trust offer valuable lessons.

Fri, 12 Sep 2014 17:00:00 -0500

Before the deluge of activity, strategize about carriers and packaging. Then help your customers prepare for the rush season, too.

Fri, 12 Sep 2014 16:47:00 -0500

Starboard Value published a snarky, almost 300-page presentation telling Darden Restaurants how to mend the struggling Olive Garden brand.

Fri, 12 Sep 2014 16:30:00 -0500

Spending a summer observing a well-liked and 'lucky' businessman illuminates qualities we all can strive for.

Fri, 12 Sep 2014 16:20:00 -0500

Hobbies can run up a big bill and take up a lot of time. So why not turn your hobby into a profitable business? Plenty of reasons.

Fri, 12 Sep 2014 16:00:00 -0500

If your company has scaled up and now feels like a 'real' business, embrace it.

Fri, 12 Sep 2014 15:30:00 -0500

The generation just entering the workforce has no patience with their employer's technology if they can figure a hack that makes work easier.

Fri, 12 Sep 2014 15:00:00 -0500

High school teacher-turned editor in chief discusses how the print publication is revving up a digital future.

Fri, 12 Sep 2014 14:15:00 -0500

This entrepreneur shares his tips for carrying fewer chargers and less in your shaving kit.

Fri, 12 Sep 2014 14:03:00 -0500

Opening a franchise is very different than working in corporate America – and that's a good thing, according to this franchisee.

Fri, 12 Sep 2014 13:30:00 -0500

Rather than play the game you’re expected to play, play a new one.

Fri, 12 Sep 2014 13:00:00 -0500

Didn’t catch this week’s launch from Apple? We’ve got the headlines – and the implications.

Fri, 12 Sep 2014 13:00:00 -0500

Content marketing is at the center of a good digital strategy, no matter what the organization's goals are.

Fri, 12 Sep 2014 12:30:00 -0500

A new study raises doubts about the advantages of initiatives to help lowers costs by improving employee health.

Fri, 12 Sep 2014 12:00:00 -0500

Banks are still struggling to return to the small-business market Here's what you need to know.

Thu, 11 Sep 2014 22:00:00 -0500

Do a skills inventory. Ask others for feedback. Why wait to realize your hidden potential when you can uncover your hidden talents now?

Thu, 11 Sep 2014 21:30:00 -0500

An unpleasant experience with a former client and his dominating bookkeeper reminds us that the boss needs a backbone.

Thu, 11 Sep 2014 21:00:00 -0500

It's hard to know why a marketing campaign is working or not until we look at what has been going on and what's in the pipeline.

Thu, 11 Sep 2014 20:30:00 -0500

A former employee of the retailer reflects on the lessons learned from the boss of the web giant.

Thu, 11 Sep 2014 20:15:00 -0500

These trailblazing business owners have much to teach their contemporary counterparts about taking risks and acting independently.

Thu, 11 Sep 2014 20:15:00 -0500

Marketers have more tools at their disposal than years ago. Re-evaluating what the company already has and giving it a quick spit shine might at times be all that’s needed for the PR approach.

Thu, 11 Sep 2014 20:00:00 -0500

The person at work who gets the most done isn't superhuman, just super well planned.

Thu, 11 Sep 2014 19:44:00 -0500

While Apple has taken security precautions, experts warn there are ways hackers can still get your data.

Thu, 11 Sep 2014 19:30:00 -0500

Three experts have written that to really get ahead in life and business, you need to be surrounded by people who care for and support you.

Thu, 11 Sep 2014 19:30:00 -0500

Many assert that patent trolls are costing the U.S. economy billions of dollars, inhibiting innovation. The solution, however, is not so clear.

Thu, 11 Sep 2014 19:22:00 -0500

The thriving San Francisco-based Bitcoin exchange and payments processor has bitten off an ambitious first step into the European market. Here's how.

Thu, 11 Sep 2014 19:15:00 -0500

It's a tricky business to find the right commercial space and set up optimal terms of agreement. Here's how to skillfully navigate.

Thu, 11 Sep 2014 19:15:00 -0500

A business owner knows that an employee isn't successful at a job but isn't doing anything about it. What's the right way to proceed?

Thu, 11 Sep 2014 19:00:00 -0500

The smart people and the companies they work for are realizing that encouraging breaks can actually improve productivity.

Thu, 11 Sep 2014 19:00:00 -0500

Simple expressions of thanks can go a long way toward instilling loyalty with staffers and customers.

Thu, 11 Sep 2014 18:30:00 -0500

Being a leader nowadays is more than just turning in profits and attracting great talent.

Thu, 11 Sep 2014 18:15:00 -0500

This founder of onboarding software for small companies uses technology to contact customers and create a company culture for a remote team.

Thu, 11 Sep 2014 18:15:00 -0500

Substance abuse can strike even those close to the management team. Set up and maintain policies, provide counseling and determine the best course of action.

Mon, 15 Sep 2014 19:13:00 -0500

"The Bitter Southerner" might have the secret sauce where quality storytelling can make money. Folks from Lucinda Williams to Jack Black to Michelle Norris are fans.

Mon, 15 Sep 2014 17:44:00 -0500

Remember, video games are more about entertainment than tech. Recently, Forbes contributor John Archer raised something of an Internet firestorm by pointing out what has been common knowledge for a while now: neither Sony's PS4 nor Microsoft's Xbox One are even close to the most powerful gaming machines on the market. [...]

Mon, 15 Sep 2014 17:21:00 -0500

If robots can be encoded with artificial, emotional intelligence and it is greater than what you and your team have to offer to guests, you will be out of work. And emotional intelligence in robots is closer than you’d think.

Mon, 15 Sep 2014 16:00:00 -0500

Video The strangest thing about the release of The Hunger Games: Mockingjay Part I is that I'm looking forward to it precisely because I assume that the "rebellion strikes back" narrative won't actually contain any "hunger games" this time around. Both of the initial installments basically lost me during the actual competition portions. The first [...]

Mon, 15 Sep 2014 13:46:00 -0500

During these times of change and uncertainty, employees need leadership, not followership, from their leaders. They have grown tired of the unnecessary workplace politics that makes them feel as if they don’t have a relationship with leadership they can count on – one that is reliable, honest and authentic. The 2008 recession awakened the workforce to the reality that each employee must fend for themselves as leaders focused more on their own personal agendas rather than that of the organization and the people they serve.

Mon, 15 Sep 2014 13:01:00 -0500

Bungie's new sci-fi shooter MMO 'Destiny' has been plagued by controversy and low review scores.

Mon, 15 Sep 2014 12:00:00 -0500

A leading geneticist recommends that all women over 30 get genetic testing for breast cancer mutations. Although this would certainly identify many women at high risk for cancer, it would likely lead to thousands of unnecessary double mastectomies. Do we really want to put women through this?

Sun, 14 Sep 2014 21:17:00 -0500

Want to be an entrepreneur? Don't go to Wharton or Harvard. Instead, grab your surfboard and head to UC Santa Barbara. According to a recent Forbes article, UC Santa Barbara's Technology Management Program offers students a superior startup education over the University of Pennsylvania (home of Wharton), as well Harvard, Northwestern [...]

Fri, 12 Sep 2014 13:19:00 -0500

see photosClick for full photo gallery: The Colleges Whose Graduates Earn the Most After 10 years of work experience, which graduates earn the most? It turns out that Ivy Leaguers from Harvard, Yale and Princeton are not at the top of the list, though they’re close. Instead the No. 1 and [...]

Thu, 11 Sep 2014 19:22:00 -0500

Reasons why it is time for the world's 4th most powerful woman to go.

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Networking Grows A Business
By Ray Yono :: Saturday, January 19, 2008 :: 17600 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.