Starting a Business

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5 Tips for Teachers on Starting a Side Business

Posted In STARTING A BUSINESS

With the school year winding down, summer can be a great time for teachers to launch a side business — either to make some extra money over the break or to enrich the classroom experience in the fall. Josh Waldron, a social studies teacher in Virginia, ramps up Studio JWAL, his web-design business every summer. [...]
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Adam Brownlee on Catching Warren Buffett's Eye

Posted In LEADERSHIP PROFILES

For many small-business owners, Warren Buffett is a role model for turning an entrepreneurial dream into a wildly successful career. The chairman and CEO of Berkshire Hathaway, whose net worth is $44 billion, consistently ranks among the world’s wealthiest people. What if you could build your small business into one that he might invest in? [...]
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Digital Media Visionary Says 'Blindness' Is Key to Success

Posted In LEADERSHIP PROFILES

Anthony Soohoo has the type of resume most entrepreneurs dream of possessing. The UC Davis grad and Harvard MBA rose to prominence in the digital media industry by first cutting his teeth in brand-management positions at Inktomi and Apple. A standout from the start, Soohoo also illustrated his business prowess as COO of ALWAYSi, helping [...]
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6 Tips for Starting a Small Business During a Recession

Posted In MONEY

Although it goes against conventional thinking, there are many reasons why you should consider launching a small business during a recession. If you have a great idea and a strong work ethic, the state of the economy should have little or no effect on your plans. In fact, by starting a business during an downturn, [...]
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South America Lures Silicon Valley Tech Startups

Posted In BUSINESS PROFILES

Silicon Valley continues to be a hotbed for technology innovation, but if you want to start a new tech company without spending a fortune on office space and salaries, and you speak decent Spanish, consider heading south — as in, South America. Various nations on the Latin American continent are now actively seeking to attract [...]
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5 of the Biggest Risks Small-Business Owners Face

Posted In MONEY

You may be an optimist, but when it comes to running a business it pays to be prepared for worst-case scenarios. According to the Institute for Business & Home Safety, a quarter of businesses shut down permanently in the wake of an unforeseen disaster, reports the Wall Street Journal. Here are five of the biggest [...]
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5 Ways to Benefit from Bootstrapping

Posted In MONEY

You've got the beginnings of what could be a beautiful product, and are anxious to introduce your idea to the market. There's just one hangup: funding. Or more precisely, the lack thereof. If you're short on funds, but don't have any offers of venture capital for your start up, it may be time to strap [...]
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The Top 3 Challenges of Running a Web-Based Company [VIDEO]

Posted In STARTING A BUSINESS

Whether you're a full-time professional seeking a new career path or a part-time hobbyist looking to generate supplemental income, the allure of launching your own web-based company can be immense: The costs are low. The hours are flexible. And the office space — a.k.a. home — is convenient. But with these obvious benefits come some [...]
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