Small Business Success Tools

What Do Investors Want from A Start Up?

Posted in Entrepreneurs, Interviews with Experts, Secrets to Success, Your Success is Our Success and Our Mission at MSG by admin on the August 1st, 2010

Check out this video with Techcrunch and Y Combinators Paul Graham it is pretty interesting.

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Innovation Success Stories

Posted in Entrepreneurs, Guru’s, Interviews with Experts, Secrets to Success, Success tools, Your Success is Our Success and Our Mission at MSG by admin on the April 18th, 2010

This just goes to show you how abstract and interesting the Internet can be. I did a Google search on the keyword “why” and I found Scott Berkun a best-selling author and kick-ass speaker. He writes books and essays, lectures at Fortune 500 companies & top universities on creativity, management and a fun mix of everything else. It was late at night and I started his video lecture on innovation he did at Carnegie Mellon University. He went into several Innovation Success Stories and really dove into the real stories behind these successes.

The real stories were about failure, the desire to solve a problem and to keep trying new and innovate ways to get to the end result. One of the quotes he pulled out was a quote that is from the CEO of 3-M.

“As our business grows, it becomes increasingly necessary to delegate responsibility and to encourage men and women to exercise their initiative. This requires considerable tolerance. Those men and women, to whom we delegate authority and responsibility, if they are good people, are going to want to do their jobs in their own way.

Mistakes will be made. But if a person is essentially right, the mistakes he or she makes are not as serious in the long run as the mistakes management will make if it undertakes to tell those in authority exactly how they must do their jobs.

Management that is destructively critical when mistakes are made kills initiative. And it’s essential that we have many people with initiative if we are to continue to grow.”

We see progressive companies like Google allowing their employees to work on other projects 20% of the time. If there is success it might become another Google product. There are probably many other companies using this same philosophy. I think it is a great culture to embrace and the results can be enormous. So next time you feel like taking a risk, take it it might be the best thing I/you/we ever did!

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Those Critical 1st 5 Sales for a Startup

Posted in Entrepreneurs, Small business information, Success tools by Steve Ghareeb on the March 11th, 2010

Why are those 1st 5 Sales for a Start-up so critical?

Sales traction turns a beginning product offering or idea instantly into a valid operating business, both for other prospective customers as well as for investors and bankers.

What makes these initial sales are so critical? It is taking an idea beyond being just a “science project…” So what does it really show?

* Validate and prove the technology and product. Does it work?
* Prove out the core value proposition
* Validate the business model and initial go-to-market strategy
* Show that the organization can actually build and deliver the product?
* What is the market and customer acceptance of product?

Will they buy?
Will they pay for it?
Do they like how it works?
Will they buy it again?
Will they be a reference-able customer?

* What doesn’t work? And what do we need to do to fix or refine it?

What about free trials and give-a-ways?
We can learn from them, but they don’t validate most of the paying-value propositions and business model issues.

If you are big-time venture capital funded to get eyeballs for future sales or long term advertising revenue, then none of this applies. Most start-up companies are not playing that game, but are in the revenue and cash flow business.

What do we want from these initial sales beyond real paying customers?

* Reference customers- to get more customers, and for investors and bankers. Make sure they are open to this.
* Cash flow – typically even more important than booked revenue.
* A real, viable offering (product or service)
* A working and viable business model

Okay, now we are in business, are legitimate and for real. We still have a long way to go, but we have just now moved passed the “science project” stage of the business. Let’s go get more customers and more revenue.

How do you get the 1st 5 customers? I will offer some proven ideas on that shortly.

Please share your thoughts. Thanks.

Steve Ghareeb
steveghareeb.wordpress.com

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Small Business Lending and Loan Sharking

Posted in Entrepreneurs, Part time businesses, Small Business Government, Small business information, Your Success is Our Success and Our Mission at MSG by admin on the February 26th, 2010

This is a video that really drives home the point that the “bailout” Washington D.C. is doing DOES NOT WORK, and there are others who fill the void. No matter how you look at it, it looks like small business loan sharking, but it is better than no loan at all.

Would you do business with this type of guy?

So if we can’t find money from friends and family we might have to resort to these types of folks. The regular banks have seemed to turn tail on making loans to small businesses. What I am curious about is if small businesses are the engine that pull the economic train why isn’t there some sort of economic program set up by the SBA to get these types of loans in place? In my understanding the SBA does NOT make loans, they help guarantee the loans that the small businesses must get from the banks on their own merit.

While the lobbying efforts for Fortune 500 companies is substantial there really is very little lobbying for small businesses that is effective. If small businesses we just able to do two things:

1) be able to secure affordable loans

2) be able to get group coverage for health insurance at substantial discounts

We just might see the economy rebound significantly. Think about this just two simple things could get the economy jump started. Instead it seem like we have a snake trying to eat a horse with the new healthcare bill and the snake is not digesting it so well! ;-0)

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Want to be successful? Here’s how. Art Williams Speech on Google video.

Posted in Entrepreneurs, Guru’s, Interviews with Experts, Personal Development, Secrets to Success, Small business information, Your Success is Our Success and Our Mission at MSG by admin on the February 6th, 2009

This meeting was a Jerry Falwell event, but don’t pay a lot o0f attention to him because the message in Art Williams speech is powerful. If your day is not going as expected and you want a “little pick me up” this just might do the trick. Powerful speech by Art Williams.

Learn from a average guy who made it really big, over $100 Billion big in 10 years. Art Williams talks about it, he says JUST DO IT. Harv Ecker talks about it. (Harv says if you have broken leg show up to work, and he is right, I know a guy how had a broken leg and was just starting out his drains business and he could not afford to tak a day off, today it is a successful small business).

Steps to being successful in business

1) Get excited

2) Have a dream

3) Gotta stand for something

4) Be controversial

5) Total commitment

6) Treat people good, make them feel special, we all want to feel that way

7) Have the desire and will to win

Be a leader

9) Do whatever it takes to get the job done

10) Just do it

http://video.google.com/videoplay?docid=8976155746368663848

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Want to Manage Fear? What is Fear?

Posted in Articles By Experts, Entrepreneurs, Secrets to Success, Success tools, Your Success is Our Success and Our Mission at MSG by admin on the January 18th, 2009

Courtesy of http://robertgirandola.blogspot.com/

Fear paralyzes.

Fear makes real the problem not the solution.

Fear is the belief that a situation has power to harm, not enlighten or purify.

Fear is literally the suspension of the human mind to solve any problem no matter how large.

Fear is what causes stress, strain, greed, anger, violence, hunger, aggression, worry, pain.

Fear is the root of all evil in the world.

Fear inspires action without thought.

Fear makes what is unwanted, permanent.

We have many futures before us -

The one we choose will depend on how many of us refuse fear.

Refuse to believe that any event can’t be solved.

Accept the idea that even the worst things that happen can be invitations to greatness.

Greatness is accepting into your mind that you can and will overcome any obstacle if you refuse fear.

Be great today -

Refuse fear.

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Massachusetts Prisoner Seeks Entrepreneurial Future Upon Release – Needs Start Up Help

Posted in Articles By Experts, Entrepreneurs, Marketing tools, Secrets to Success, Small Business Government, Success tools, Your Success is Our Success and Our Mission at MSG by admin on the January 14th, 2009

I (MySuccessGateway.com) received a call today from the U.S. Department of Commerce requesting that I mail “how to start a business” print material to a Massachusetts prisoner. He wants to start his own business when he gets out. I do not know what he is in for, and I did not ask. However, I would love to see a success story here.

We have transcripts from The Ultimate Business Toolbox that teaches people how to start a business the “right way,” which we are going to donate to their success. If you too would like to send this guy information here is his mail address. It would be fun to overwhelm him with some entrepreneurial love.

Mike D.

W91555

P.O. Box 100

South Walpole, MA 02071

Please e-mail me if you want to send via e-mail and I will send it to the Dept. of Commerce. jim(at)mysuccessgateway.com My phone is 781-631-9691

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How To Make Money From Passions

Posted in Articles By Experts, Entrepreneurs, Guru’s, Secrets to Success, Success tools, Your Success is Our Success and Our Mission at MSG by admin on the January 13th, 2009

How To Make Money From Passions republished from Maverick Money Makers

To make money online many people jump right in before they are properly prepared. You know that to be a rocket scientist, a doctor, a brick layer, a construction worker, an office worker, a teacher there are prerequisites, things you must learn, before you can be successful, you don’t just jump right in unprepared.

The same applies to the Internet marketing industry even though there are unsavory people out there who’d have you believe it’s a “Walk in the Park” and requires no more than the belief that you can just do it.

And I’ll have to admit, it is a walk in the park compared to what you have to put up with in the working world punching a clock being a subordinate to someone who does not have your interests in mind, but there are still rules you have to follow and pitfalls you must avoid to actually make Internet marketing work for you.

Most people will not make a dime online and yet there are others who will make more in one month than most people make in a whole year. Why is that?

My answer begins with the age-old chicken or egg question, “what comes first the chicken or the egg”? Personally I vote for, well never mind, each argument you or I make comes back to the same old conclusion – I have no clue and I don’t think many of us do either.

But one thing I do have a clue about and know for sure is that to make money online you must first have Passion for the company products and/or service of any Internet business from which you expect to make money.

Passion in this sense simply means that you’ve researched and like the company and products or services. It is then that you translate that like (or Passion) into the education, excitement and work that usually accompany Passion.

I will have to say that many online entrepreneurs are so good at what they do that they ignore passion because they can sell anything. But I’m concerned about those of you who are not so knowledgeable at working an online business successfully.

Now, I’m not trying to make anyone believe that Passion is the only thing necessary. Because to be successful you must also have a good website, good marketing, widespread advertising, company support, effective keywords, and etc. Those things are often learned from the company you join – but sidestep Passion and you reduce your chances for success dramatically.

It therefore follows that, if you have no Passion for the company and the products and services provided by that company, again, you won’t attempt to do the work you are being taught.

Internet marketing work is typically not all that difficult or time consuming but it does take motivation caused by Passion to get you off and running with a sustained effort so that you won’t stumble.

You have a great resource in the Internet search engines to search about the Internet Marketing industry for business opportunities, USE IT!

Your research should uncover a company that you like and have confidence in. It should be solid, founded on great principles, and easy to understand with great products and services that are sell-able for which you can have Passion. If you don’t find it move on,
You can find the right opportunity containing the attributes identified above.

Comments like, well, that one sounds good and the compensation plan is excellent so I guess I’ll start that business – does not sound like a decision based on anything near Passion. And remember when you hear that an Internet “guru” does that, don’t be tempted, because as I said earlier they are experienced and can sell just about anything, without being Passionate about the company products and services.

Note: By the way it’s your goal to get to the point where you can sell about anything online. That end skill and goal is a worthy one indeed.

Remember, there are other steps you must make before you step into Internet Marketing but if you don’t first find the right company products and services to be passionate about, all of those other steps may just cause you a lot of frustration instead of bringing you great success.

Not being Passionate about a company and products and services that has market proof that it will sell is a pitfall you simply must avoid.

Maverick Money Makers is a private society that will teach you how to build a six-figure a month business on the internet.

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Obama’s Impact on Small Business

Posted in Entrepreneurs, Secrets to Success, Small Business Government, Small business information, Your Success is Our Success and Our Mission at MSG by admin on the November 8th, 2008

If you aren’t 100% sure how the new Obama Administration will effect US Small businesses, an article in Businessweek will shed a little light on his policies for helping get America back on track. During the end of the campaign Obama put out a “small business emergency rescue plan.”

What the survey concluded is that regardless of the tax rate, small business owners draw a considerable amount of income from their businesses, and if a higher tax is placed on that income, they will have to make tough decisions about where to cut business investments.

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Obama and McCain Huge financial small businesses meltdown

Posted in Entrepreneurs, Interviews with Experts, Secrets to Success, Small Business Government, Your Success is Our Success and Our Mission at MSG by admin on the November 1st, 2008

Expecting the economy to get better? If we re-elect a Dermocrat or a Republican don ‘t expect a different result. At this point in time it is turning into madness with the big money corruption these guys buy into. Time to get another party in here to balance things out. Funny how it is the independants that are supposed to swing the election but the media and the debate committiee won’t let Nader or Barr near the door. We aren’t in enough pain yet. But it is coming.

Raymond Keating, chief economist for the Small Business and Entrepreneurship Council argues that the presidential candidates’ proposals for changing employer regulations could potentially add a huge financial burden to small businesses – even more than the tax plans everyone’s arguing about. His analysis suggests that Sen. Obama’s regulatory proposals would be far more financially burdensome to businesses than Sen. McCain’s “sketchier” outline of what regulations he would push for.

Sen. Obama, for instance, supports expanding the Family and Medical Leave Act to apply to all businesses with 25 or more employees, compared to the businesses with 50 or more employees that must adhere to it now. What’s more, Sen. Obama supports changing the labor rules to make it easier for labor unions to organize, and tying minimum wage increases to inflation. “These key measures from Obama would be anything but positive for small businesses, and therefore, the economy,” Mr. Keating writes.

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The Categories

The Meta

The Pages

The Search

The Associates

The Storage

What Do Investors Want from A Start Up?

Innovation Success Stories

Those Critical 1st 5 Sales for a Startup

Small Business Lending and Loan Sharking

Want to be successful? Here’s how. Art Williams Speech on Google video.

Want to Manage Fear? What is Fear?

Massachusetts Prisoner Seeks Entrepreneurial Future Upon Release – Needs Start Up Help

How To Make Money From Passions

Obama’s Impact on Small Business

Obama and McCain Huge financial small businesses meltdown

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