Franchising, Links, Marketing, Stories, Technology

For new entrepreneurs


You have been considering to start your own business, you have the idea, the product or service you want to offer. You know your competitors, and you know you can do better than them, that is what experts call knowing your ‘competive advantage’. But how to start?   Where do you get the funds?   How to estimate your costs?   Where to advertise?   What is a Business Plan?   How do I register my trademark?

How can use the Internet to support my business? ..

There are many questions and you need to find out where to start.

This is going to be the place to go. We want to hear from entrepreneurs in different industries about their war stories.

We will invite experts to comment and give us hints.

We will research and publish current articles that will be helpful and easy to understand and apply.

Let’s roll the ball…

Whenever you want to contribute with a posting or article or if you want to ask questions, please click the Categories section, choose the one that fits best, or simply leave it blank (uncategorized).

Acerca de TechBusinessNotes - NAN

Systems Engineer, MBA in IT Operations and Marketing Intelligence. Experience and continuous interest in IT Operations, Marketing Research, Social Media, CRM, and Strategy. (My comments, shared articles and interests do not necessarily represent neither my clients' nor former or current employers')

Comentarios

8 comentarios en “For new entrepreneurs

  1. Entrepreneurship is part of the American spirit, and there are many successful stories of big companies that started as small family businesses.
    As a group of Business Administration graduate students at UCONN we wanted to bring to those of you who are exploring the possibilities of being the owner of your own company a place where you will find hints, articles, and especially an open place to exchange ideas with other people with similar interests.

    Publicado por Mr WordPress | febrero, 21:13
  2. We have heard many times stories about people who developed a hobbie, or a passion and at some point in their lifes they decided to change their “safe” jobs and professions to pursue that passion and make money with it… Another inspiring story…

    WARREN BROWN,

    Founder of Cake Love and Love Cafe
    http://www.cakelove.com/

    Brwon is also host of Sugar Rush on FoodNetwork. He completed his undergraduate studies at Brown University in 1993 with a BA in History, and graduate studies at The George Washington University in 1998 with a Juris Doctor and a master’s in Public Health.

    Warren Brown walked away from a job as a federal litigator to bake cakes. It all started on New Year’s 1999 when Brown, an able cook, resolved to become an expert baker as well. After work, he began to whip up cakes. He found that baking provided release from the workaday stress. Soon Brown fell into the habit of throwing dessert parties — “Friends were jumping on the bed,” they were so happy, he recalls. Their joy combined with his job dissatisfaction led Brown to take a leave of absence in 2000.

    He subleased a small commercial kitchen and found customers mostly by word of mouth. This went well enough that he moved into a 600-square-foot storefront that he christened Cake Love. He funded the business with credit cards and then a $125,000 loan backed by the Small Business Administration. When Brown officially left his day job, Emily McCarthy, Brown’s friend since college, says she wasn’t shocked but did think it was brave. Today, Cake Love sells around 40 cakes per day at about $55 each.

    Publicado por Nestor | marzo, 10:27
  3. Keep you eyes open. Learn from your experiences, the jobs that you had, your trips, the interaction with other cultures, etc.

    This is an example about how Markoff used all her experiences and came up with a delicious idea… a mix of zen and chocolate…
    Vosges Haut Chocolat

    Founder: Katrina Markoff

    Markoff has learned the lesson taught by Howard Schultz and Starbucks: She’s not just selling chocolate, she’s selling lifestyle—chocolate as a fashion accessory.

    (http://www.chocophile.com)

    She developed her “We are the World” philosophy of chocolate while studying classical cooking at the Cordon Bleu in France and later, when she apprenticed under Spanish chef Ferran Adria, who is celebrated for taking culinary risks. She then spent nine months traveling the world and tasting all manner of foods, from worms to kaffir limes to white poppy seed. Returning to the U.S., she took a job at her uncle’s home-furnishings catalog business to learn about vendor-buyer relationships, photo styling, and copywriting. She opened her first retail shop in Chicago in 1998 with a loan backed by the Small Business Administration, and started selling chocolates at specialty food stores and Neiman Marcus a year later.

    http://www.vosgeschocolate.com/

    Publicado por Nestor | marzo, 10:38
  4. Networking is important.

    You never know who you will meet and finding common interests make open the door for many new business opportuniites.

    Check this example: 

    Barry Steinberg & Craig Sumerel Direct Tire and Auto Service

    Six years ago Barry Steinberg, 59, and Craig Sumerel, 38, both successful tire retailers, ran into each other in the lobby at Pirelli. They traded war stories, griped a bit, and realized that they had so much in common that they ought to talk more regularly.

    That chance encounter has grown into the National Retail Tire Network, a 12-member peer group that meets for two days three times a year. With 275 locations, sales of 3 million tires a year, 5,000 employees, and revenue of $500 million, some manufacturers have offered the group a bulk discount, and the Tire Industry Association’s PAC coordinator spoke at a recent meeting after a presentation on a new trend: filling tires with nitrogen instead of air. Group members, who hail from far-flung markets, could never command as much attention on their own.

    Besides the recognition, members gladly pay $1,200 in annual dues to be less isolated. “I can call up a competitor down the street, but we’re guarded with one another,” Steinberg says. In the peer group, everything’s out in the open, even financials.

    Publicado por Nestor | marzo, 10:51
  5. Hello,

    This is exactly what I was searching for. Thank you. It’s amazing.

    Publicado por Sara | septiembre, 01:44
  6. I refuse to learn more as my brain is just melting. I am looking forward to the holidays ending this year. Seems outr industry has slowed a lot this year.

    Publicado por Jonathon Maller | diciembre, 12:09
  7. Well, OK! This looks great, Gary!

    I am very new to blogs, having used them just a couple of times with students who were already accustomed to writing in them.

    But I am excited at the possibility that this medium could help us share lessons, ideas, and materials after MyGateway goes down.

    Let’s hear from others.

    Jane

    Publicado por blogger | diciembre, 19:17
  8. Happy New Year to all of you and success in your plans of becoming independent building a new business in the land of entrepreneurs.

    Publicado por Nestor | diciembre, 11:08

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NAN Consulting Services - NAN Strategy has successfully offered its experience and expertise in IT and Business Strategy to professionals as well as small and medium businesses in different industries.

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