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Startup Advice

Two Phases of Building a Successful Startup Team

by / ⠀Entrepreneurship Startup Advice / November 17, 2021

Building a successful startup team is like finding inspiration in unlikely places. Start a band or a community…they have a lot in common. A startup team can feel a lot like starting a band or building a community. Although the concepts may seem very different, you’ll find that they have a lot in common if you dig deeper. Being a successful entrepreneur is often tied to finding inspiration…

A Guide to Contemporary Legal Issues for Startups

by / ⠀Entrepreneurship Personal Finance / November 1, 2021

Once you have your business strategy, make sure your startup is legally secure. Are you taking the right legal steps to avoid trouble? Begin to incorporate your company. Think about these ideas when you begin your startup venture and, if you’re in need of legal assistance, remember that there are apps to assist you to find a lawyer in your area and at a lower cost. There are…

A Startup Company’s Guide to Avoiding Common Legal Mistakes

by / ⠀Career Advice Startup Advice / October 19, 2021

Starting a new business is exhilarating. It can also be filled with several common startup legal mistakes. From the outset, there are three critical items to attend to. Each of them feels like revisiting the old chicken-and-the-egg problem. Which should come first? Forming a legal structure. Fundraising, including the amount, the instrument, the terms, and (of course) finding the investor. Putting a financial function in place to watch…

Why Focus Group Marketing Can Lead to Generating More Revenue

by / ⠀Entrepreneurship Finding Customers / June 3, 2021

Have you ever considered running a focus group to find out where you can improve your marketing efforts? If not, it might be time to give this idea some serious thought. Focus groups are exceptionally helpful for businesses to conduct market research in a more personal setting than simply reviewing statistics and data. What exactly is a focus group? A focus group is a structured gathering of potential…

Passive Income Ideas for Small Business Owners

by / ⠀Startup Advice / May 20, 2021

Passive income offers investors a way to make money without putting in a lot of work. Creating a couple of passive-income pipelines can help small business owners ensure that their company survives difficult times. Many people confuse passive income with get-rich-quick schemes, but almost every passive income source will require some investment up front. Your investment might be time, skilled labor, artistic endeavor, money, or some combination of…

My Entrepreneurial Journey: Turning Impossible Into I’m Possible

by / ⠀Entrepreneurship Startup Advice / March 19, 2021

Starting a business is something that many young people aspire to do. But a common struggle that the entrepreneurs of tomorrow have is finding a niche or an industry in which to build their business on. There is a feeling that becoming an entrepreneur is impossible. I want to share how my entrepreneurial journey and business were sparked by realizing that it is not “impossible”, but rather “I’m…

A Step-By-Step Guide to Creating Your First Online Marketing Plan

by / ⠀Entrepreneurship Finding Customers / March 17, 2021

Creating your first online marketing plan is so overwhelming, isn’t it? Just taking a quick inventory of all the marketing strategies, tactics, tips, and tricks can make your mind swim in confusion. There’s Facebook, Pinterest, Twitter, blogging, email, advertising, Tumblr, and the list goes on and on and on. And everywhere you look, there’s some guru out there telling you how you can make a million dollars overnight…

6 Lessons From 4 Years In Business

by / ⠀Career Advice Entrepreneurship Startup Advice / May 12, 2016

Recently my business, Idea Lemon, celebrated its 4 year anniversary. I use the word ‘celebrated’ loosely because really that meant Linkedin notified me it had been 4 years since I first added Idea Lemon to my profile, and I looked up at my Cofounder, Martin, and said, “Hey, apparently its our 4 year anniversary today.” He replied with, “Oh really? Cool,” and we got back to work. While there…

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