“A failure is a man who has blundered but is not able to cash in on the experience.”
— Elbert Hubbard (An American writer, publisher, artist, and philosopher. Raised in Hudson, Illinois, he met early success as a traveling salesman with the Larkin soap company.)
You are ready to launch your new business. On your checklist you have:
Great new business idea. Check.
Solid business plan. Check.
Support of family and friends. Check.
Sufficient capital to launch the business. Check.
Strong group of employees. Check
Strong relationship with a bank. Oops. No check.
It often happens that fledging enterprises begin without a strong relationship with a bank. The…
How’s this for a great story: it’s 1974 in Tempe, AZ, and a few elementary school volunteers from nearby Arizona State University are sitting on the steps of the school, chatting with the teachers about their ideal jobs and, almost inevitably, the idea for a bookstore arises.
Bishop Gregory Dixon has been senior pastor at FIRST CHURCH OF GOD since 1996. He has recently been working to enhance the conditions of the church for his congregation. Part of this process included a site survey performed by Southern California Edison. David A. Ford, account executive for Edison’s African-American business and faith-based customers, assisted Bishop Dixon by recommending…
One trick I have learned that really helped our business is to create and use a valuable e-mail list. We do it with our e-newsletter. This allows us to know who wants to hear from us. We don’t abuse the list, but we sure do use it. Do you have any tips for engaging small business customers with newsletters?Answer:
You are preaching to the choir, sister!
Capturing your website visitors’…
It’s entrepreneurship gospel—hire those who are smarter than you.
There’s no mystery to this wisdom. Clever, skilled employees require less management, constantly teach you new things, and shore up your weaknesses. But while the rationale behind this oft-repeated tip is simple, executing it isn’t.
The problem is people have egos and insecurities, and being surrounded by folks who are smarter than…
There’s that famous line to the effect of ‘half the money I spend on advertising is wasted; the problem is I don’t know which half’. But in these days of big data and analytics, is that still really the situation?
Professor Harald van Heerde, a research marketing Professor at Massey University’s Albany campus, says it’s still as relevant today as when it was first uttered more than 100 years ago.
“A man is but the product of his thoughts what he thinks, he becomes.”
— Mahatma Gandhi (Was the preeminent leader of Indian nationalism in British-ruled India. Employing nonviolent civil disobedience, Gandhi led India to independence and inspired movements for civil rights and freedom across the world.)
Alitash Kebede owns Alitash Kebede Gallery which specializes in African and African-American art. Alitashs business was first profiled on Making It! in 1989 when she sold art out of a home gallery. Today she has her own art gallery in Los Angeles.
When you’re a small business looking for funding, you’ll find one of the first places people recommend you go is the Small Business Administration. The SBA has a variety of loan programs available, and given their consistent support of Main Street, it’s easy to see why you would choose this as a starting point. However, you might be surprised to learn that the SBA doesn’t make direct loans.…