Browsing Tag

business opportunity

10 posts
business pitch
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10 Ways to Create a Successful Business Pitch

Recently, the term "business pitch" has become as popular as the term "startup." A pitch is essentially a business plan that one presents verbally to potential investors of a business. A shorter summary of the complete pitch is an elevator pitch. The startup owner has to clearly explain the business opportunity to the investors, so...
business idea
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7 Steps to Turn an Idea Into a Successful Business

As Albert Einstein once said, “In the midst of every crisis lies great opportunity.” In the business world, every successful idea and venture has stemmed from an opportunity — a circumstance that someone acted upon. For some, this idea stemmed from a problem or, as Einstein said, a crisis. For others, it stemmed from a...
wjr business beat
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WJR Business Beat with Jeff Sloan: Opportunity During Times of Crisis (Episode 37)

On this morning's WJR Business Beat, Jeff talks about embracing opportunity during the COVID-19 crisis. While many businesses are trying to simply survive, others are seeing that this crisis and conflict opens doors to new ways of thinking. Whether you're forced to pivot with your business or whether you're thinking about starting a new business, opportunity...
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The Top 5 Mistakes Entrepreneurs Make When Going Global

Mistakes Entrepreneurs Make When Going Global Expanding your business abroad is a great way for entrepreneurs to target new markets and pull in fresh clients, but some business people who want to go international do it for all the wrong reasons. Here are five examples given by company formation agents of classic mistakes entrepreneurs make...
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Finding a Franchise Opportunity – ‘Tis the Season

As you may know, StartupNation offers a franchise selector service. You basically use the finder tool to identify franchises that fit your interests and financial realities. At this time of year, interest in finding a franchise is at fever pitch. People seem to come out of the self-reflective New Year and holiday period charged up and on...
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Big business is in trouble, small business opportunity abounds!

Turning lemons into lemonade! Today's news includes an item about big layoffs at a huge company with the message... "How many of the 113,000 workers who are being offered buyouts will accept their deal for tens of thousands of dollars and start their own companies with it?" Even entrepreneur Rush Limbaugh had something to say...
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Born To Be An Entrepreneur

“Luck” may be part of a direct translation of the company's name, but Geely Automotive founder Shufu Li seems to have been born with an entrepreneurship gene. When you are born to peasants and raised in rural China, that's pretty incredible. An article in the Detroit Free Press by Carol Cain tells his story. "I...
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10 businesses you could start in the Bahamas

  OK. Let's do a little dreaming. Let's say you could escape the grind. If formulaic thinking has you down, or you're feeling like you're living in a life of habit, you could make a break for it and start up your dream the Bahamas. What business would you want to start there? I...
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When business opportunity knocks, open the door.

"Sometimes it's a matter of using a familiar product in a new way," wrote StartupNation community member Sara Schaedig in response to our previous entry about the invention of Velcro. Sara went on to state a problem horse owners deal with. "Those of us who have horses and trail ride have the same problem with...