Posts

How to Make Money

 Entrepreneurship, in today's world, does not need huge capital or a highly qualified team to start with. The Internet has opened up ways for people to start without investments , and to hire people with expertise on a need basis. Almost all aspects of running a business can be outsourced, while the owner can keep a brief overview of everything and ensure control over everything. The starting point to create a successful business is to create a plan. A business plan contains your aims, objectives, an executive summary of what you intend to do, how you intend to do, and a complete analysis of the revenues you expect to make in the coming years . The goal of a business plan is to find out the time you are supposed to break even and make profits - thus determining the viability and feasibility of your business. With angel investors looking to invest money on businesses with promising ideas, a good business plan is essential to attract these investors. However, not everyone has the req...

New Funding Option

Crowdfunding has been in the news ever since its inception a few years ago. This concept of allowing regular consumers to contribute to funding a start up has thrilled millions of inventors, entertainers and entrepreneurs. Yet, for many reasons it hasn't turned out to be the simple solution many had hoped. The biggest obstacle, of course, is having the right idea and knowing how to prepare it to go to market. Not all inventors or entrepreneurs understand how to start or run a business. So it is no surprise that many crowdfunding applications are rejected. Of those accepted, there is another huge hurdle to cross. Estimating a fu ndin g figure can been tricky. It needs to be high enough to achieve projected goals and low enough to make sure it is attained. Because up until the advent of YouveGotFunds.com, all donations are returned if the financial goal is not reached. Time is wasted and unnecessary disappointment experienced. YouveGotFunds.com was launched to solve the genuine deman...

Funeral Industry Entrepreneur?

 I recently heard a definition of an entrepreneur as one that jumps off a cliff and builds a plane on the way down... this has a ring of truth. We often see news about people that have been successful bringing their ideas not only to fruition, but made gazillions of dollars like Zuckerberg and Jobs. But as for the people that toil, try, fail, and start all over again, they rarely get much press. I personally know some in the funeral industry that daily get up and "build the plane" with internet companies, products, processes, training modules and yes, new funeral home operating models. I am often fascinated with how these folks envisioned their respective ideas and their take on how to penetrate the huge market. The idea is not the hard part, it's in the development, implementation and penetration of the market. What many of my entrepreneur friends don't realize early on that their product or service generally must be presented/sold/offered by funeral directors. Thi...