Saturday, February 28, 2015
Top Entrepreneur News

Sat, 28 Feb 2015 19:00:00 -0600

An app called Wigo has become the hottest thing on college campuses.

Sat, 28 Feb 2015 17:15:00 -0600

You have probably heard people talk about 'big data.' If your eyes start to glaze over when that term is mentioned, get your Big Data 101 Intro lesson here.

Sat, 28 Feb 2015 15:05:00 -0600

Every entrepreneur should have these fundamentals in place before launching a full-blown business.

Sat, 28 Feb 2015 14:00:00 -0600

Being the office blabbermouth isn't just annoying – it could hurt your career.

Sat, 28 Feb 2015 13:00:00 -0600

If you're serious about being an entrepreneur, let these stories of success guide your planning.

Sat, 28 Feb 2015 12:30:00 -0600

Over the last decade, Jeff Cohen has built business into 12 Togo's restaurants.

Sat, 28 Feb 2015 05:00:00 -0600

A look at the value of paid referrals and advisers and the difference between ethics and compliance.

Sat, 28 Feb 2015 00:30:00 -0600

Sseko Designs co-founder Liz Bohannon has big plans - and a 'no' from Shark Tank's investors won't crush them.

Sat, 28 Feb 2015 00:00:00 -0600

The hit AMC show is more than just a zombie flick. It teaches us a few management lessons that we must not forget.

Fri, 27 Feb 2015 23:30:00 -0600

See how to break through and triumph.

Fri, 27 Feb 2015 23:00:00 -0600

Harness word-of-mouth from influential people in a cost-effective campaign.

Fri, 27 Feb 2015 22:30:00 -0600

If you want to stretch your capabilities, step away from the traditional leadership library and consider these exercises.

Fri, 27 Feb 2015 22:00:00 -0600

Every business wants loyal customers, yet we often forget how crucial relationships are to our success.

Fri, 27 Feb 2015 21:45:00 -0600

These five tips will help you launch the career of your dreams.

Fri, 27 Feb 2015 21:30:00 -0600

This technique can help quell upset customers and hopefully put a stop to broadcasting their dissatifaction.

Fri, 27 Feb 2015 21:15:00 -0600

Everyone is confused about what publicists do these days. Understand some of the common pitfalls and strategize more effectively with a pro.

Fri, 27 Feb 2015 21:03:00 -0600

The actor and philanthropist known the world over for his portrayal of Mr. Spock on 'Star Trek' indeed did live long and prosper. Here are words to remember him by.

Fri, 27 Feb 2015 21:00:00 -0600

For one startup founder, the fitness platform with a cult-like following provides a physical, mental and emotional challenge.

Fri, 27 Feb 2015 20:30:00 -0600

Email providers and readers are raising the standards for what content makes it into the inbox and what lands in the junk pile.

Fri, 27 Feb 2015 20:15:00 -0600

Balance functionality and design or risk drowning in the crowded marketplace.

Fri, 27 Feb 2015 20:00:00 -0600

A funny thing happened when one woman gave up email. She found better ways to be productive.

Fri, 27 Feb 2015 19:45:00 -0600

Check out these essential qualities for success and ways to keep a top performer.

Fri, 27 Feb 2015 19:30:00 -0600

For brands, video creation is an essential component of existing in the virtual ecosystem. Here is how to ensure your videos are seen.

Fri, 27 Feb 2015 19:15:00 -0600

Mobile and web innovations can make managing public relations in the digital age faster and easier.

Fri, 27 Feb 2015 19:12:00 -0600

For example, as you are reading through Facebook, you can press "j" to get to the next post.

Fri, 27 Feb 2015 19:00:00 -0600

When it comes to communicating with your customers, just a few minutes of planning will save you time, energy and possibly, trouble, later down the line.

Fri, 27 Feb 2015 18:45:00 -0600

Attackers are exploiting flaws in Google's popular operating system.

Fri, 27 Feb 2015 18:30:00 -0600

Steer past the canned response to create a more authentic dialogue with job seekers.

Fri, 27 Feb 2015 18:14:00 -0600

With more than 1,100 former RadioShacks now open for new businesses, franchises are finding opportunity in the brand's bankruptcy.

Fri, 27 Feb 2015 18:00:00 -0600

The perpetual grind of performance improvement can be overwhelming, so seek an external party.

Fri, 27 Feb 2015 17:45:00 -0600

The reason may be due to uncertainties caused by the financial crisis and how home values have fallen so much.

Fri, 27 Feb 2015 17:30:00 -0600

Creating a MAP will take no more than an hour of your time every month and will keep the lines of communication open, ensuring relationships with investors remain strong, and ultimately helping early-stage startups succeed.

Fri, 27 Feb 2015 17:00:00 -0600

While a key aspect of his plan changed, City Winery founder Michael Dorf achieved his original goal: to build a place where people could eat, drink and enjoy an intimate concert experience.

Fri, 27 Feb 2015 17:00:00 -0600

Co-working space AlleyNYC recently raised $16 million in a round we participated in. Here's our reasoning.

Fri, 27 Feb 2015 16:39:00 -0600

Failing to do so will result in a cold shoulder from Google.

Fri, 27 Feb 2015 16:32:00 -0600

Earth's biggest e-tailer could one day 3-D print your purchases from the back of a high-tech delivery truck.

Fri, 27 Feb 2015 16:30:00 -0600

You need to seek an amount that is just right, based on your real needs, and consistent with the capabilities and interests of the investors you are addressing.

Fri, 27 Feb 2015 16:15:00 -0600

The groups are betting on a very musical future.

Fri, 27 Feb 2015 16:06:00 -0600

Black and blue or white and gold?

Fri, 27 Feb 2015 16:00:00 -0600

It's an incredibly important and extremely specific role.

Fri, 27 Feb 2015 15:45:00 -0600

Reaching out for help when you need it is crucial when you've taken on the grueling and often lonely work of building a business.

Fri, 27 Feb 2015 15:30:00 -0600

You could learn a lot by working your way to the top of a well-established company, but who has time for that?

Fri, 27 Feb 2015 15:17:00 -0600

Kira Wampler is the new chief marketing officer of the San Francisco ridesharing company Lyft. She is also a mother of two. Here's how she manages both roles.

Fri, 27 Feb 2015 15:04:00 -0600

The taco chain plans to add 1,300 new locations internationally by 2023.

Fri, 27 Feb 2015 15:00:00 -0600

The big event kicks off March 2 in Barcelona.

Fri, 27 Feb 2015 14:45:00 -0600

The Swedish mobile telecom gear maker is suing over patents related to the 2G and 4G/LTE standards.

Fri, 27 Feb 2015 14:30:00 -0600

The Miller brothers have created a technology platform that is transforming real estate investment.

Fri, 27 Feb 2015 14:15:00 -0600

Check out which little-known startups and sectors landed major funding in 2014.

Fri, 27 Feb 2015 14:00:00 -0600

Google's latest moves in the mobile payment market and Apple's plans to expand across the pond.

Fri, 27 Feb 2015 14:00:00 -0600

Social-media marketing for a business is one thing. Now imagine achieving social success when the brand you're trying to promote is you.

Fri, 27 Feb 2015 13:30:00 -0600

Spending money on a beautifully designed, fully capable website is no longer a luxury if you're looking to launch or grow any ecommerce business in 2015.

Fri, 27 Feb 2015 13:18:00 -0600

The FCC now has oversight of the Internet. But there is one thing it can never change.

Fri, 27 Feb 2015 13:15:00 -0600

Stone and co-founder Evan Williams teamed up because they resonated and trusted great things would follow.

Fri, 27 Feb 2015 13:00:00 -0600

It's a truism that 20 percent of your efforts yield 80 percent of your results. Now consider what, or who, is causing 80 percent of your problems.

Fri, 27 Feb 2015 12:30:00 -0600

Originally from Des Moines, Iowa, the Newmans were more than willing to relocate to open a Two Men and a Truck location.

Fri, 27 Feb 2015 12:00:00 -0600

Follow these three tips to help make your early hours beneficial.

Thu, 26 Feb 2015 23:30:00 -0600

While these cornerstones can be hard to live by, they are what makes entrepreneurs successful.

Thu, 26 Feb 2015 23:00:00 -0600

The tools you use can either help or hinder your employee's drive and creativity, so think critically about what your goals are.

Thu, 26 Feb 2015 22:30:00 -0600

Almost half of a brand's customers will soon be proverbially "up for grabs" to anyone with an effective mobile marketing strategy.

Thu, 26 Feb 2015 22:15:00 -0600

Business leaders can empower employees to be entrepreneurial, test out new ideas and spread a culture of innovation.

Thu, 26 Feb 2015 22:00:00 -0600

Hiring is a notoriously tricky process. Finding the stars you need requires knowing what to look for, and how to spot it.

Thu, 26 Feb 2015 21:45:00 -0600

Morgan Stanley analysts don't see a love connection for investors.

Thu, 26 Feb 2015 21:30:00 -0600

Never mind the old-school cocktail party. Be a digital player: Join online professional groups. Or better yet start your own.

Thu, 26 Feb 2015 21:24:00 -0600

The social-media platform has made it easier for users to reach out to their connections whose activity on Facebook indicates they are at risk for self-harm or suicide.

Thu, 26 Feb 2015 21:15:00 -0600

'The robot doctor' sounds like the title of a sci-fi movie. But it's just one future trend that entrepreneurs should know about in this changing industry.

Thu, 26 Feb 2015 21:00:00 -0600

For firms with global clients, expanding services into new markets is the logical next step. But actually taking that step will require careful planning, research and patience.

Thu, 26 Feb 2015 20:45:00 -0600

Every company needs to invest in cybersecurity but your first line of defense is being aware.

Thu, 26 Feb 2015 20:32:00 -0600

A Texas company is again suing the tech giant, this time over the same patents' use in devices introduced after the original case was underway.

Thu, 26 Feb 2015 20:30:00 -0600

With billions being poured into the medical field, the status quo is no longer an option. It's time for entrepreneurs to enter the fold.

Thu, 26 Feb 2015 20:15:00 -0600

Encountered anyone in this category lately? Learn how to tell if someone is a genuine entrepreneur.

Thu, 26 Feb 2015 20:10:31 -0600

This time, a company wants to build it over a five-mile stretch in California.

Thu, 26 Feb 2015 20:00:00 -0600

Some of us feel like we were just made to do something more with our lives. Some of us know what that something is. But some don't.

Thu, 26 Feb 2015 19:30:00 -0600

One company's innovative product could cause waves in the $30 billion financial data services market.

Thu, 26 Feb 2015 19:27:00 -0600

A raucous debate that has unfolded over the past year has concluded with what appears to be permanent protection of the Internet as open platform for entrepreneurs and free speech.

Thu, 26 Feb 2015 19:15:00 -0600

To remain optimistic, discipline your mind to stay clear of catastrophic, bogged-down thoughts and the "what if" slippery slope of anxiety.

Thu, 26 Feb 2015 19:00:00 -0600

Images are more likely to gain attention, entice your community to take action and inspire brand advocacy if they accomplish one or more of five key goals.

Thu, 26 Feb 2015 18:56:00 -0600

Industry analyst Jan Rezab said that a tide shift will occur about four months after Facebook offers users the opportunity to sell ads against their videos.

Thu, 26 Feb 2015 18:45:00 -0600

Heat up your cold calling by focusing on the companies that most need your product.

Thu, 26 Feb 2015 18:34:46 -0600

The tech giant sent out invitations reading 'Spring Forward' for a media event to be held on March 9, the day after Daylight Savings Time begins.

Thu, 26 Feb 2015 18:30:00 -0600

If your product is thriving with one customer base, it's time to grow past the comfort zone.

Thu, 26 Feb 2015 18:19:00 -0600

Google may be vying for a slice of the fitness wearables pie.

Thu, 26 Feb 2015 18:15:00 -0600

Making little changes to your posts, such as adding a description or hashtags, can bump up users' engagement with your brand. Give these tactics a try.

Thu, 26 Feb 2015 18:07:00 -0600

For the first time, Dunkin' is selling K-Cups in grocery stores and online – and franchisees are reaping the rewards.

Thu, 26 Feb 2015 18:00:00 -0600

Marketing your first book, a new product or a catchy feature? Build an online following first. Say, you could even spread the word via rappers.

Thu, 26 Feb 2015 17:30:00 -0600

When it comes to failure, entrepreneurs should be taking healthy and educated risk that may yield a setback, rather than failing just to fail.

Thu, 26 Feb 2015 17:27:05 -0600

When coming up with your own marketing and press materials, remember to be creative while also keeping your audience in mind.

Thu, 26 Feb 2015 17:24:00 -0600

The white chocolate and wafer cup is 100 percent edible – and has the power to get people talking about coffee at a chain better known for chicken.

Thu, 26 Feb 2015 17:15:00 -0600

NBC's Brian Williams and Veterans Affairs Secretary Robert McDonald were caught in misstatements, awakening a discussion about workplace ethics.

Thu, 26 Feb 2015 17:00:00 -0600

Microloans can mean mega profits.

Thu, 26 Feb 2015 16:45:00 -0600

Entrepreneur Lynette Kucsma is bullish on the idea.

Sat, 28 Feb 2015 18:17:00 -0600

Women of Generation X are less confident in their financial futures than Millennials or Baby Boomers, according to a study on women and their money by Prudential. These women, born roughly between 1965 and 1980, are least confident in their ability to achieve the vast majority of their most important financial goals. [...]

Sat, 28 Feb 2015 17:30:00 -0600

I began writing my blog, Haggerston Times over a year ago, and my stats tell me that I have around 120 visitors each day, am on just over 21,000 views in total and that I have made 246 posts to date. Jeez, how did that happen? Given that I always [...]

Sat, 28 Feb 2015 17:25:00 -0600

Dear Liz, I am a massive fan of your work and the Human Workplace movement. I can't believe the career situation I find myself in but I know you can help me. I stopped college halfway through to take a job with a family friend who had a business cleaning offices, schools [...]

Sat, 28 Feb 2015 17:18:00 -0600

Deadheads everywhere, rejoice – tickets to the Grateful Dead’s 50th Anniversary concerts at Soldier Field this July are now on sale. Ticketmaster listed ticket prices ranging between $59.50 and $199.50 and all three concerts have already sold out quickly. The Fare Thee Well shows have already seen huge demand on [...]

Sat, 28 Feb 2015 17:14:00 -0600

The low-tech simplicity of the Pebble may well be the right level of wearable information. Its timeline interface is an appropriately simple cognitive model for the amount of attention we want to pay to our wrists.

Sat, 28 Feb 2015 16:46:00 -0600

The other day my niece and nephew came to visit. They walked into the house and were drawn, almost magnetically, to the table where all of my gadgets were laid out. They caressed my phone. Fondled my digital camera. Gazed curiously at my noise-cancelling headphones. Petted my back-up battery. Admired [...]

Sat, 28 Feb 2015 16:14:00 -0600

Thirty years after the debut of the NES, Nintendo still finds themselves as a leader in the video game industry. That's an unprecedented position to be in, as all Nintendo's rivals have fallen to their might, and stranger still, Nintendo persists in being the "model" example of many of the [...]

Sat, 28 Feb 2015 14:48:00 -0600

Al Sharpton still owes millions in taxes but seems to live a charmed life, in and out of the White House. Even Politico asked outgoing Attorney General Eric Holder if Sharpton wasn't too close. Heck no.

Thu, 26 Feb 2015 23:32:00 -0600

Without confidence, we can do little in life. With it, we can change the world. While science now proves we can build it at any age, self-confidence is also something we can lose if we don't continually stretch ourselves and act with the confidence we aspire to have.

Wed, 25 Feb 2015 17:54:00 -0600

Five things you may think about hospice that aren't true.

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Networking Grows A Business
By Ray Yono :: Saturday, January 19, 2008 :: 19193 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.