Seth Baker

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13 Things You Think Your Startup Needs But It Really Doesn’t

You can leave these nonessentials off your startup shopping list.<p>There’s no such thing as one right way to do a startup. You just have to do it–to work as hard and smart as you can to take your company from concept to reality.<p>It’s not easy, but it is possible. In order to make that startup a …

The 28 Year-Old Kenyan Entrepreneur Who Built A $7 Million Retail And Advertising Business

Trushar Khetia is one of Kenya’s most outstanding young entrepreneurs. The 28 year-old serial entrepreneur is the founder of Tria Group, an outdoor advertising firm that uses public transit vehicles to market leading consumer goods in Kenya. Tria, which was founded in 2013, places advertising on …

Entrepreneurship

The Six Worst Pieces Of Business Advice Anyone Ever Gave Me

When you are starting your own business, there is no shortage of advice and opinions flowing your way. Mention that you’re striking out on your own, and everyone — from your brother-in-law to the person sitting next to you on the plane — has some kind of input or anecdote on how to run your …

6 New Tips From Guy Kawasaki on Startup Funding | Inc.com

In case you haven't heard, one of the most famous entrepreneurs and investment insiders of the past 20 years has updated his classic business book.<p><i>The Art of the Start 2.0</i> by Guy Kawasaki came out on March 3, and I had a chance to catch up with him. He shared a few more tips for those trying to …

Dog Food

The Top 5 Reasons Startups Fail

<i>This question originally appeared on Quora: What are the top reasons why startups fail?</i><p><i>Answer by Chris Baskerville, 11+ years Corporate Reconstruction, Business Builder, Grew up in Small Business, on Quora</i><p>Having handled 700+ corporate and personal insolvencies, I would make the following …

Small Business

The Difference Between Small Businesses and Startups: Crazy Thinking | Inc.com

<i>Answer by Balaji Viswanathan, Product Manager at a VC Funded Startup, on Quora,</i><p>Tom and Tara are neighbors in a hot tropical country. Both folks decided that they needed some shade in their backyard. Tom went ahead and bought a big umbrella. It was a bit expensive, but much less cumbersome.<p>Tara took …

Startups

10 Experiments to Test Your Startup Hypothesis

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>You know that a new idea has gained dominance when it becomes practically a cliché.<p>This is what I’ve seen happen with the “lean startup,” a philosophy of viewing your startup as a scientific experiment in search of a business model. This …

Want to Be an Entrepreneur? Follow this Harvard Startup Guide

According to the most recent ranking of entrepreneurship programs – as determined by the Princeton Review and published in <i>Entrepreneur</i> magazine – …

Selling your startup: Be careful what you wish for

With so much media coverage on acquisition stories, many entrepreneurs think they need to sell their company for a big pile of cash in order to be …

Startups

7 Mammoth Marketing Mistakes And What To Learn From Them

Marketing is as old as beer – or at least as old as the Stella Artois brand, which goes back to 1366. Beer aside, there is nothing frothy about the marketing of brands, products and services in today’s business world, especially in the digital marketing world where it’s now possible to market your …

Angels, Venture Capitalists or the Crowd: Who Should Fund Your Startup?

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Startup entrepreneurs have more options in raising funds thanks to crowdfunding, an innovative way of fundraising from a large number of investors online. Since the JOBS Act this new investment phenomenon has grown in popularity as a …

Why You Need More Than Passion to Succeed In Business

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>You’re full of it -- passion, that is. But if you think it’s all you need to succeed in business, it's overrated for entrepreneurs.<p>People might point to passion as the one thing that helped them launch a multimillion dollar empire, muster …

Entrepreneurs can find shortcuts to start a business

"F<b>ail Fast or Win Big — The Start-Up Plan For Starting Now" by Bernhard Schroeder (AMACOM, $21.95).</b><p>Is there a shortcut to starting a business? Yes. …

18 Things I Learned In My First 18 Months of Entrepreneurship

This month is the 18 month anniversary of my website and blog. In September of 2013 I finally launched what I had always dreamed of: my online …

Seven errors entrepreneurs make when selling to large corporates and how to avoid them

The dream of many tech startups is to partner with, or sell their solution to, large companies that will either pay them a truckload of money or …

The Ultimate Guide to Writing a Business Plan

Writing a business plan may sound difficult and dull -- and by “may,” we mean “definitely” -- but it doesn’t have to be. Yes, we know you’re eager to dive right in on that world-changing business idea, but having your strategy on paper is critical.<p>In many ways, your business plan can act as a map …

The One Thing That Can Transform An Idea Into A Phenomenon

Do you enjoy picking groceries up in your electric car? When you get to the store, do you prefer to pay with bitcoins? Do you have solar panels on your house? If the answer is “yes” to any of these questions, you’re in the distinct minority. So much so, that a lot of people probably think you’re …

Innovation

The 'Shark Tank' Judges Are Asking These Questions, and So Should You | Inc.com

<i>Shark Tank</i> can be a tough show to watch if you're an entrepreneur. I often find it difficult to enjoy, since I empathize so much with the people coming on the show to pitch their businesses. I get nervous for these contestants because, like most entrepreneurs, I've been in similar …

Entrepreneurship

Hacking: Why Any Business Can Be At Risk And How To Prevent It

The term ‘ethical hacking’ may seem like something of an oxymoron, but it is a precaution that should be of interest to almost all businesses.<p>Sometimes known as ‘penetration testing’ (although the two differ in some definitions), it involves a company-authorised attack on its own websites and …

Business Plans Will Kill Your Startup | Inc.com

Are you an office thinker? Do you enjoy the challenge of researching interesting data that supports your idea? Is the thought of pulling together your thoughts, ideas, and disparate data into a concise and perfectly organized document your idea of a virtual Caribbean vacation?<p>I spent 15 years in …

What I Wish I Knew in My 20s as an Entrepreneur

• Partner Content<br>• Author: Enon Landenberg, Small Factory of Big Ideas. Enon Landenberg, Small Factory of Big Ideas<p>In 2015, one thing is clear, startups …

Entrepreneurship

15 Hot Hong Kong Startups to Look Out For

Hong Kong may be a small island , but it is an area that is highly popular for entrepreneurs to establish new businesses.<p>Hong Kong may be a small island , but it is an area that is highly popular for entrepreneurs to establish new businesses. With a population of more than seven million people and …

RallyPoint: How Two Veteran Entrepreneurs Are Changing Social Media | Inc.com

The workforce is flooded with more veterans than ever before, many of which are trying their hand at entrepreneurship. Being one of these "vetrepreneurs" myself, I'm always on the lookout for the next big success story.<p>I recently came across RallyPoint.com. I like to refer to it as the LinkedIn of …

10 Habits of Truly Successful Entrepreneurs

What separates truly successful entrepreneurs from the rest of the pack? The answers have very little, if anything, to do with money.

Entrepreneurship

9-Year-Old Entrepreneur Launches Teeth-Friendly Lollipop Company

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>It’s said that great things come in small packages, and that’s certainly the case for young entrepreneur Alina Morse and her healthy, delicious invention, Zollipops. This 9-year old entrepreneur came up with the idea for a lollipop …