Monday, October 20, 2014
Top Entrepreneur News

Mon, 20 Oct 2014 12:15:00 -0500

There are now more than 2,100 incubators and accelerators around the world. Choose carefully.

Mon, 20 Oct 2014 12:00:00 -0500

These 12 tips won’t just jumpstart your day, they’ll add hours to your week.

Mon, 20 Oct 2014 12:00:00 -0500

Sometimes, more volume equals higher quality.

Mon, 20 Oct 2014 10:00:00 -0500

Given the costliness and fragmentation of the smart home market, Verizon Wireless has its sights set on a loftier prize.

Sun, 19 Oct 2014 19:00:00 -0500

Both individuals and employers can strive for better fitness, for personal reward and their companies' sake.

Sun, 19 Oct 2014 18:00:00 -0500

If you're feeling uncreative and more than a little burned out, it may be time to briefly unplug, get active, and find someone to talk to.

Sun, 19 Oct 2014 16:00:00 -0500

Otto shoots in a way that's completely tailored for social media.

Sat, 18 Oct 2014 18:00:00 -0500

You don't have to get a new degree to expand your knowledge base.

Sat, 18 Oct 2014 16:00:00 -0500

Next Big Sound’s data predicts music’s breakout stars.

Fri, 17 Oct 2014 23:00:00 -0500

Using author Tom Corley as inspiration, here's a checklist to the best things in life.

Fri, 17 Oct 2014 22:30:00 -0500

Select the correct method by weighing the task at hand, the recipient, a message's urgency and the potential risk of a misunderstanding.

Fri, 17 Oct 2014 22:00:00 -0500

Movies can be thrilling flights of imagination but none more so than those depicting the struggles of true-life entrepreneurs.

Fri, 17 Oct 2014 21:30:00 -0500

The same challenges face anyone in business, but women encounter their own unique challenges.

Fri, 17 Oct 2014 21:00:00 -0500

No matter what game you're playing, the winning formula is preparation, teamwork and a hunger to learn more.

Fri, 17 Oct 2014 20:48:00 -0500

After Uber driver Chris Ortiz tweeted about driver safety, he was unceremoniously dumped by the company in a letter that called his statements 'hateful.'

Fri, 17 Oct 2014 20:45:00 -0500

Reap the full benefits of your moments in the spotlight. Share the highlights before, during and after.

Fri, 17 Oct 2014 20:30:00 -0500

These days, it’s not enough to have a product or service people like and treat your customers well.

Fri, 17 Oct 2014 20:00:00 -0500

Why entrepreneurs should let their team members make 10 decisions a day.

Fri, 17 Oct 2014 19:42:00 -0500

Do you walk around asking potential clients 'What can I do to win your business?' Don't.

Fri, 17 Oct 2014 19:38:00 -0500

If our privacy is so important to us, why aren't we more skeptical of the services we give our information to?

Fri, 17 Oct 2014 19:30:00 -0500

Find out about Internal Revenue Code updates affecting small businesses that take effect this year and the next.

Fri, 17 Oct 2014 19:15:00 -0500

Candid feedback from past clients can prompt potential buyers to move forward with a purchase.

Fri, 17 Oct 2014 19:00:00 -0500

During those regular gatherings to discuss individual employee performance and goals, vary the setting, format and agenda for better results.

Fri, 17 Oct 2014 18:45:00 -0500

Startup tech companies that provide discounts to others are betting that their use will attract larger, paying customers.

Fri, 17 Oct 2014 18:30:00 -0500

Ads becoming content is here to stay. Railing against it won’t make it stop, but developing solid standards may keep it from undermining the publications in which it appears.

Fri, 17 Oct 2014 18:15:00 -0500

We exalt risk-takers as special but taking action without assurance of the outcome is part of life for everyone.

Fri, 17 Oct 2014 18:00:00 -0500

Determining a business name in an uninspiring conference room or over a glass of wine, just isn't going to cut it. Here are a few tips on unlocking your creative juices – and finding a name you love.

Fri, 17 Oct 2014 17:32:00 -0500

Action comes after massive data breaches have put millions of consumers at risk.

Fri, 17 Oct 2014 17:30:00 -0500

For entrepreneurs to succeed, customers need to trust in the brand. Here are three tips on building trust from the get-go.

Fri, 17 Oct 2014 17:30:00 -0500

A Georgia appellate court ruled that the parents of a seventh-grader who created a fake and defamatory Facebook account for a classmate may be liable for emotional damages by a jury.

Fri, 17 Oct 2014 17:00:00 -0500

This exclusive infographic helps you maximize the most important hours of your day.

Fri, 17 Oct 2014 17:00:00 -0500

By incorporating as a benefit corporation, entrepreneurs can protect their mission by elevating their company’s core social and environmental values to the status of law.

Fri, 17 Oct 2014 16:37:00 -0500

The coffee giant continues to prove itself a master of buzz.

Fri, 17 Oct 2014 16:34:00 -0500

The coffee company announced an updated dress code, raises across the board and free snacks while working.

Fri, 17 Oct 2014 16:30:00 -0500

Long before a potential customer decides to buy from you, they are forming opinions about what you offer. Don't leave that to chance.

Fri, 17 Oct 2014 16:30:00 -0500

Anyone can learn how to access intuition and make better calls.

Fri, 17 Oct 2014 16:00:00 -0500

Taking care of a few key matters will help you get the most out of your business.

Fri, 17 Oct 2014 15:42:00 -0500

The 'creative' settlement was reached with the California Coastal Commission after Napster founder Sean Parker came under fire for hosting an over-the-top wedding that allegedly damaged sensitive Redwood forests.

Fri, 17 Oct 2014 15:42:00 -0500

Danny Boyle is set to direct the movie, which is adapted by Aaron Sorkin from Walter Isaacson's biography on Jobs, and it looks like Christian Bale will be cast in the titular role.

Fri, 17 Oct 2014 15:40:00 -0500

The photo-sharing and hosting service that couldn’t afford a legal trademark battle with Twitter said it was closing down in September. Then, it was back! Update: Just kidding.

Fri, 17 Oct 2014 15:30:00 -0500

These tricks will make you a B2B marketing wizard.

Fri, 17 Oct 2014 15:15:00 -0500

In an economy hostile to small business, how are the most successful small firms surviving?

Fri, 17 Oct 2014 15:00:00 -0500

Our online experts explain why a clear call to action is essential.

Fri, 17 Oct 2014 14:30:00 -0500

To separate yourself from the pack and stand out where others don’t, you need to be different, but not too different.

Fri, 17 Oct 2014 14:10:00 -0500

For every 10 new franchises that open in the U.S., nine close, according to a new report.

Fri, 17 Oct 2014 14:05:00 -0500

The city has enormous woes but also substantial resources. Building a business here serves the greater good more than perhaps anywhere else in America.

Fri, 17 Oct 2014 14:00:00 -0500

The quickest way to increase the value of your product or service is to carefully consider who will value the most from it and marketing to them.

Fri, 17 Oct 2014 13:55:00 -0500

This is what happens when you allegedly underpay 400 delivery workers and shave hours from their paychecks.

Fri, 17 Oct 2014 13:45:00 -0500

An Idaho banker reflects on the values that have passed, along with the bank, from parent to child for more than a century.

Fri, 17 Oct 2014 13:30:00 -0500

You need to show why an investor should back you, and there are a number of traits that successful investees should show during the course of their pitch.

Fri, 17 Oct 2014 13:28:00 -0500

Called 'Audio Card,' the new feature lets people listen to a variety of content while browsing their timelines.

Fri, 17 Oct 2014 13:00:00 -0500

Websites without clear labels, that require multiple clicks to get to the most important stuff, and otherwise frustrate can serve as an example of what not to do.

Fri, 17 Oct 2014 13:00:00 -0500

Check out the news innovators and business owners need to know.

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

If you want to succeed and grow your business, your sales revenue and your brand, you must build awareness.

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

More marketers than ever are utilizing so-called 'sponsored social,' with the strategy closing in on display ads. Does this signal a shift in the industry?

Fri, 17 Oct 2014 11:30:00 -0500

This former police officer went from working in a former war zone in Bosnia to running a Merry Maids franchise.

Fri, 17 Oct 2014 11:30:00 -0500

Ready to give it your all? Put it to paper and keep yourself to it.

Thu, 16 Oct 2014 23:00:00 -0500

Here are a few pointers on making healthier decisions while on the road.

Thu, 16 Oct 2014 22:30:00 -0500

While the old way may have been 'buy or goodbye,' things have changed in that all customers, old and new, deserve your full attention.

Thu, 16 Oct 2014 22:00:00 -0500

Conferences are immensely valuable but to get the most out of your time, you have to be ready to soak it all in.

Thu, 16 Oct 2014 21:30:00 -0500

Overcome the uncomfortable and awkward moment of a rejection from a client.

Thu, 16 Oct 2014 21:15:00 -0500

The man behind Google’s first foray into the set-top business discusses how gaming will evolve.

Thu, 16 Oct 2014 21:00:00 -0500

Maybe you've figured out how to work uninterrupted. Now learn how to prioritize and allocate the right hours or minutes to tasks.

Thu, 16 Oct 2014 20:45:00 -0500

Value your contacts and they will value you. Entrepreneurs swear by their connections. But sometimes they swear at them as well.

Thu, 16 Oct 2014 20:42:00 -0500

The new iMac will feature a 27-inch Retina 5K display, Apple said, that is jam-packed with 14.7 million pixels.

Thu, 16 Oct 2014 20:30:00 -0500

If your company wants to do some good, look at these examples to maximize your cause-related marketing.

Thu, 16 Oct 2014 20:14:00 -0500

He released a scathing report, which challenges the company's presentation of itself as a benevolent force for the average New Yorker.

Thu, 16 Oct 2014 20:00:00 -0500

Many business leaders and organizations are predisposed to say no, thereby quashing experimentation and innovation. Here's how to welcome new ideas and tactics.

Thu, 16 Oct 2014 19:45:00 -0500

Consider how to truly listen to another colleague. You'll arrive at better discussions, decisions and results.

Thu, 16 Oct 2014 19:30:00 -0500

Research shows people grow impatient repeatedly hearing "I'm sorry'' while waiting for a solution. Actions really do speak louder than words.

Thu, 16 Oct 2014 19:20:00 -0500

You could get passed over on LinkedIn if your headshot stinks. Put your best face forward on the popular professional networking hub by not making these common and comical profile faux pas.

Thu, 16 Oct 2014 19:15:00 -0500

The billionaire philanthropist wants to distinguish between the wealthy who are using their money for good and those who are merely consuming it.

Thu, 16 Oct 2014 19:13:00 -0500

The iPad Air 2 and iPad Mini 3 will be available for preorder starting tomorrow.

Thu, 16 Oct 2014 19:00:00 -0500

Fall is the time to plan ahead so you can launch the new year as a profitable one.

Thu, 16 Oct 2014 18:45:00 -0500

A CEO reflects on the essential qualities a startup must keep in mind when scaling up in size and trying to preserve its open culture.

Thu, 16 Oct 2014 18:30:00 -0500

Entrepreneurs know the secret to success is hiring the right team to execute their vision. Here are five tips to keep in mind during the hiring process.

Thu, 16 Oct 2014 18:15:00 -0500

Check out these three cool, innovative Nordic startups that are seeking to expand to the U.S.

Thu, 16 Oct 2014 18:00:00 -0500

Being a great leader does not require you to be the best at your job. Understanding these three attributes can help you manage your teams more effectively.

Thu, 16 Oct 2014 17:49:00 -0500

The move comes a day after HBO's announcement of an Internet-only subscription service.

Thu, 16 Oct 2014 17:43:00 -0500

The new payments paradigm has been billed as a potential credit-card killer.

Thu, 16 Oct 2014 17:43:00 -0500

PaintZen, backed by real-estate mogul Barbara Corcoran, launches in New York and San Francisco today.

Thu, 16 Oct 2014 17:33:00 -0500

A 14-year low on jobless claims reinforced expectations that slack in the labor market was being reduced.

Thu, 16 Oct 2014 17:30:00 -0500

By building a culture of candor, you get an honest assessment of your leadership skills without employees being worried about possible negative ramifications.

Thu, 16 Oct 2014 17:15:00 -0500

Close the gender gap one leader at a time.

Thu, 16 Oct 2014 17:00:00 -0500

'Under-promise and over-deliver' is a hallmark of successful service delivery. Yet businesses that consistently go too far above and beyond the scope of work risk damage to their bottom line

Thu, 16 Oct 2014 16:53:00 -0500

In Coca-Cola's new platform for entrepreneurs, Coke brings the money and the cache, while startups (hopefully) help the soda giant reach new markets down the road.

Thu, 16 Oct 2014 16:30:00 -0500

People can learn a lot about running a company by putting on sneakers and hitting the pavement.

Thu, 16 Oct 2014 16:00:00 -0500

Richard Branson and other adventurers take on the final frontier.

Thu, 16 Oct 2014 15:45:00 -0500

Judge also questions Apple's need for secrecy.

Thu, 16 Oct 2014 15:30:00 -0500

This mogul launched hip-hop's biggest entertainers of the past thirty years and has a new plan to discover the next generation of MCs and lyricists.

Thu, 16 Oct 2014 15:30:00 -0500

For the first time, women have taken the reins of some of the world's largest corporations. The challenges they face are anything but new.

Thu, 16 Oct 2014 15:22:00 -0500

The new tool allows users in disaster zones to check in with friends and family.

Thu, 16 Oct 2014 15:15:00 -0500

Google is calling Lollipop its 'largest, most ambitious' Android release yet.

Thu, 16 Oct 2014 15:00:00 -0500

You'll find many ways to give people a second chance to buy by thinking like a shopper while analyzing how they browse your site.

Thu, 16 Oct 2014 14:35:00 -0500

Wireless experts note that the tests could simply be basic research that does not ultimately lead to new products or services.

Thu, 16 Oct 2014 14:30:00 -0500

Don't simply go through the motions of customer development. You should have a deep understanding of the purpose behind it.

Thu, 16 Oct 2014 14:07:00 -0500

Apple fanboys and anyone else who's curious will want to tune it and find out what the tech giant is cooking up next.

Thu, 16 Oct 2014 14:00:00 -0500

Drive, passion and determination don't pay the bills; money does. Here are the wise ways the 'Queen of QVC' saved cash as an early entrepreneur and how you can, too.

Thu, 16 Oct 2014 13:30:00 -0500

Most websites are only optimized for the country that the business is physically in. To expand, owners will need to think about international search.

Thu, 16 Oct 2014 13:00:00 -0500

You may not be a genius, but your writing needs to sound like it.

Mon, 20 Oct 2014 07:29:00 -0500

Apple’s senior vice president of Software Engineering Craig Federighi said that Apple iOS 8.1 will be releasing today. Apple iOS 8.1 includes bug fixes, functionality for several Continuity features, the iCloud Photo Library, Apple Pay and the return of the Camera Roll. Continuity Continuity lets you easily switch between your iPhone, iPad [...]

Mon, 20 Oct 2014 04:14:00 -0500

Judging from most of the coverage of Apple Pay, the mobile wallet that launches Monday, you'd think Apple has already revolutionized the $4 trillion U.S. payments market before anyone has even used it in the wild. But based on research into rival wallets and interviews with merchants, payment tech firms, and payments experts, it's apparent that Apple Pay is far from a guaranteed success. Here's why there's good reason to view Apple Pay with skepticism.

Mon, 20 Oct 2014 03:03:00 -0500

A few weeks ago I started noticing adverts appearing in my Facebook feed from Uber, apparently recruiting for drivers in Las Vegas. I thought to myself that was odd because I'd read that legislation effectively prevents Uber from operating in Nevada. I assumed the ad I saw on Facebook was [...]

Sun, 19 Oct 2014 19:36:00 -0500

The cross-platform smart watch will passively monitor heart rate and have a battery life of more than two days, sources say.

Sat, 18 Oct 2014 19:43:00 -0500

Sitting down to do a feature on Motorola's latest budget handset, the Motorola Moto G (2014), I find myself in a quandary. Is the Moto G that most elusive of handsets? Is Motoroloa's pocket rocket the number one choice for smartphone buyers in today's market?

Fri, 17 Oct 2014 18:13:00 -0500

Friends can impact not just the quality of your life - but also the length of it.

Fri, 17 Oct 2014 17:33:00 -0500

Ebola is in America's hospitals, although not very many of them: Just three hospitals are currently treating four Ebola patients. Writing at the Advisory Board Daily Briefing, we've been tracking the implications of Ebola for U.S. hospitals, with ongoing news alerts and a regularly updated map. Here's a quick look at where [...]

Fri, 17 Oct 2014 14:09:00 -0500

A new analysis from the Senate Budget Committee Republicans shows that Obamacare will increase the deficit by $131 billion over the next decade even using the CBO's own scoring conventions. This should be bombshell news: no longer can Obamacare proponents hide behind the fig-leaf that Obamacare somehow is improving Uncle Sam's fiscal picture.

Thu, 16 Oct 2014 14:00:00 -0500

We are now nine and a half months into 2014, and the sales numbers for the music industry are looking particularly grim. While the fourth quarter is typically when the most sales occur, things have never been quite so bad. In 2014, not a single artist’s album has gone platinum. Not [...]

Wed, 15 Oct 2014 13:52:00 -0500

Holograms are all the rage in the dead celebrity business this year.

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Networking Grows A Business
By Ray Yono :: Saturday, January 19, 2008 :: 17876 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.