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Entrepreneurship
Medium
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218
These Mistakes Could Cost Your Startup Millions…
- Issuing equity without proper board approval can lead to legal headaches and unhappy shareholders.
- Issuing equity as a fixed percentage can backfire due to changes in the company's growth.
- Issuing equity outside of a stock plan can result in unnecessary dilution and complications.
- Setting the wrong strike price for stock options can lead to severe tax penalties.
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Medium
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Amazon Rewards: Earn More with Your Purchases
- Amazon Rewards opens up a world of benefits for you. You can get cashback on certain purchases and enjoy premium membership perks.
- Discover Exclusive Cashback Offers: Make your shopping better with Amazon’s cashback deals.
- Unlock the true potential of your Amazon shopping by mastering Amazon Rewards. Strategize your spending to maximize Amazon Rewards.
- Amazon Rewards offers tiered levels of earning, so the more you spend, the higher your rewards rate.
- The Amazon Rewards program is a game-changer for boosting your earnings and making shopping better.
- The Amazon Prime Rewards Visa Signature Card gives 5% back on Amazon and Whole Foods buys.
- Take advantage of limited-time offers and use the Amazon Prime Rewards Visa Signature Card for eligible buys.
- Amazon has many exclusive cashback offers on certain products and services.
- Amazon Prime members get extra benefits that add to their Amazon Rewards earnings.
- You can track your Amazon Rewards through your Amazon account or the Amazon mobile app.
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Leadgrowdevelop
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Top Growth Strategies Every Business Owner Should Know
- To improve customer retention, offer excellent customer service, personalized experiences, and loyalty programs.
- Invest in search engine optimization (SEO), social media marketing, and paid advertising to increase visibility and attract more customers to your website.
- Introducing new products or services can open up additional revenue streams and attract a new customer base.
- Partnering with businesses that complement your own can help you tap into new markets, share resources, and increase brand awareness.
- A well-optimized sales funnel is key to turning leads into customers. The goal is to make the buying process as easy and engaging as possible, increasing the likelihood of conversions.
- Foster a culture of open communication, professional development, and recognition for achievements. Encourage innovation and ownership of roles.
- Leverage automation technology to streamline operations, improve efficiency, and free up time for focusing on strategic growth initiatives.
- Expanding your business into new markets can significantly boost growth. Research the market potential, competition, and customer preferences before diving in.
- Focus on building a brand identity that resonates with your target audience. Consistency in branding helps to build trust, while authenticity makes it easier for customers to connect with your business on a personal level.
- Regularly analyze your business performance using key performance indicators (KPIs) and customer feedback. Stay on top of industry trends and be willing to adapt to changing customer needs and market conditions.
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Hackernoon
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282
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15+ Awesome Stuff to Build and Sell With JavaScript (and Friends)
- JavaScript is versatile and can be used to create a lot of different software products such as browser extensions, web apps, websites, mobile apps, APIs, desktop apps, 2D games, 3D games, and third-party plugins.
- Browser extensions can be created for different web browsers, and some popular extensions, such as 'GMass: Powerful Mail merge for Gmail,' generate millions of dollars in revenue.
- Web apps, websites, and micro-SaaS are also profitable software solutions that can be built using JavaScript frameworks such as React and Next.js. These can generate millions of dollars every year.
- Native mobile apps, hybrid mobile apps, and progressive web apps (PWA) are also great possibilities that offer a universe of possibilities on their own and have the added advantage of being cheaper to develop than fully native desktop apps.
- Desktop apps can also be created with Electron.js, which allows developers to use HTML, CSS, and JavaScript.
- Application Programming Interfaces (APIs) can be created and sold on an API marketplace like rapidapi.com for passive income streams.
- JavaScript libraries and templates can be sold or given away for free and sold for advanced features or services.
- 2D and 3D games can be built using HTML5 and WebGL API to create interactive games.
- Third-party plugins and add-ons can be created for different marketplaces, such as Slack, Shopify, Wix, and more, where there is less competition than in Google Play or Apple's App Store.
- Creating and selling eBooks, online courses, or entering the 'web3 field' can also be lucrative fields for JavaScript developers.
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StartupDaily
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Why universities need to focus on an entrepreneurial mindset, not just new ideas
- Many universities have embraced the concept of "innovation" in their strategic plans, however fewer embrace "entrepreneurship" similarly, despite it being the critical bridge between innovation and real-world impact.
- Entrepreneurship requires the skills to manage people and resources, identify viable pathways to adoption, understand the environment, and be comfortable with uncertainty and resilient in the face of failure and change.
- Fostering an entrepreneurial mindset among students and staff is important and can be especially helpful for researchers and PhD students who have spent years developing an idea but not a way to get it into the real world.
- Globally, there is a growing gap between the number of doctoral graduates and academic jobs. Programs that teach how to navigate resource constraints can help identify opportunities and create ventures out of research projects.
- Universities have been slow to prioritize developing an entrepreneurial mindset among students and staff. Resistance to entrepreneurship can come from those who equate it with commercialism and fail to recognize its value in most career paths and sectors.
- Developing entrepreneurial skills can ensure research has broader impact and can create more opportunities for these researchers once they graduate.
- To truly contribute to solving societal problems and prepare students to make a difference, universities must do more than foster innovation. They must prioritize and develop an entrepreneurial mindset and competencies.
- Entrepreneurship transforms creative ideas into tangible outcomes, making it an essential bridge between innovation and real-world impact.
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Eonetwork
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4 Ways Raising a Family and a Company Share More in Common Than You Think
- September marks the final days of summer holidays and a winding down of family time with academic pressures and business demands setting in creating stress for many of us.
- Being a strong leader in the workplace has similarities to being a father or husband as the skills involved can be applied across both situations.
- Clarity is essential in both, setting expectations and building respect and trust by being clear in communication.
- It's about mindful presence and not the quantity of time spent. So, having quality time with family and teams at work is critical.
- Leading with empathy starts by being human with co-workers and family to be champions instead of just an authority figure.
- This requires intentionality and letting go of ego. Follow principles of each environment to refine skills holistically.
- Strong communication and feedback are essential in both, applying the most helpful principles from both roles to the benefit of the self - parent, spouse, founder, or CEO.
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The Total Entrepreneurs
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Why Entrepreneurship is Important to the Economy
- Entrepreneurship is crucial for economic growth and development. Entrepreneurs bring new ideas, products and services which help drive competitiveness and create jobs both directly and indirectly.
- Entrepreneurship fosters innovation, leading to breakthrough technologies, products, and services. Tesla is an example of how entrepreneurship can change industries and inspire competitors.
- Entrepreneurship encourages competition, promoting lower costs, better quality products, and inspiring companies to invent, leading to growth. Uber has transformed the transport business and inspired traditional taxi companies to change, while online shopping platforms have caused traditional retailers to improve their online presence.
- Entrepreneurship reduces economic dependency on specific sectors and promotes economic diversification. Renewable energy startups, for example, have gained ground and diversified energy sources, contributing to job creation.
- Entrepreneurship promotes economic flexibility. Entrepreneurs adapt quickly to market changes, enabling economies to remain flexible and agile. During the COVID-19 pandemic, startups increased their focus on providing solutions like remote work options, home delivery services and online education.
- Entrepreneurship reduces wealth gaps and enables people of diverse backgrounds to make money by promoting upward social mobility. Micro-entrepreneurs are essential for local economies and promote sustainable development and employment.
- Entrepreneurship fuels globalization by expanding markets beyond borders. Amazon started as a small US-based business but is now an international marketplace connecting sellers and buyers, contributing to the growth of international trade and economic development worldwide.
- Entrepreneurship is a key driver of economic growth, innovation, and job creation, playing an essential part in shaping a prosperous and economically sustainable society.
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Hackernoon
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Feeling Confused in SaaS Advice Overload? Here's How to Cut Through the Noise
- In the ever-growing SaaS space, it can be overwhelming to filter through advice.
- To cut through the noise, follow people with real experience and results.
- Look for advice from individuals slightly ahead of you to make it more relevant.
- Find makers in similar markets and align their goals with yours for better strategies.
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Medium
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36
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Prosperity Highway Global Launches Sparky AI: An Automated Marketing System to Build Your Online…
- Prosperity Highway Global has launched Sparky AI, an automated marketing system.
- Sparky AI is an artificial intelligence bot that helps with lead follow-up, conversations, and sales.
- Features offered by Prosperity Highway Global include team-building system, multiple income streams, and marketing tools.
- Joining Prosperity Highway Global offers benefits like time-saving, team-building, multiple income streams, and access to marketing tools.
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Insider
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A millennial left his job to start a consulting business and booked $400k in revenue in the first year. He shares his advice on launching a startup.
- Mario Vasquez Zuniga, a 29-year-old entrepreneur, founded a consulting agency Collective that books $400,000 in revenue in a year after leaving his salaried Lucas Public Affairs job. He found it daunting but sought mentors, did thorough research, and leveraged publicly available resources for his firm focused on creative and strategic communications for business groups, advocacy groups, and nonprofits in Sacramento. Vasquez Zuniga insists entrepreneurship is a calculated risk, and one must set their ducks in a row before executing; otherwise, it could lead to business failure.
- His mother and stepfather's brick-and-mortar business, Petals Florist Shop, was not profitable, and they had to shut it down nearly three years after launching it.
- In a chat with Business Insider, Vasquez Zuniga said aspiring entrepreneurs should talk to friends, advisors, and trusted colleagues about their business ideas. Adding in-person meetups or lunches help establish credibility and create one's business network to find clients.
- Vasquez Zuniga also values mentorship and is part of an entrepreneurial program through Sacramento Valley Small Business Development Center and Immigrants Rising. His advice to new entrepreneurs includes diligently researching product-market fit, setting milestones, and attaining success incrementally.
- Vasquez Zuniga is fluent in Spanish, which has been a significant advantage as most of his clients are bilingual, and his firm can communicate and work with the clients in Spanish.
- Over 19 million business applications have been registered since 2020, indicating an entrepreneurship boom, as per the Treasury Department. However, according to the Bureau of Labor Statistics, about 25% of US businesses fail within the first year.
- Leaning on others negatively affects the pride, but in business, there should be no humility. If one feels lost pretending to be smart is not as important as actually being smart. Over time you will only win if you are good at something and don’t sidestep entrepreneurship as much possible.
- An entrepreneur must have direction and vision amid the thought goal setting may seem like a tedious activity. Vasquez Zuniga said that entrepreneurs must make a plan with clear goals; otherwise, that can leave them feeling stagnant and unhappy with their work.
- Entrepreneurship is not solely about making a profit, but it should reside in the freedom to control what one does and live their life on their terms. Vasquez Zuniga said the financial orientation of starting his business was scary, but the prospect of having flexibility later on pushed him forward.
- Being able to find prospective clients and trusted resources helped Vasquez Zuniga's business. From an 8(a) business development program to a one-stop start-up toolkit, the Small Business Administration remains important.
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Inkbotdesign
1M
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Copyright vs Trademark: Safeguarding Your Creative Assets
- Copyright and trademark are crucial for businesses to protect their creations and brand identity.
- Copyright protects original creative works, while trademarks safeguard brand identities.
- Copyright covers literary works, music and lyrics, art, films and TV shows, software codes, and architectural designs.
- Trademarks defend company names, logos, slogans, product names, and distinctive packaging.
- Both copyright and trademark give legal grounds to defend intellectual property against unauthorized use or infringement.
- Registered IPs can be licensed, sold, or used as collateral, opening up new revenue streams.
- Trademark conflicts can arise even between companies in different industries.
- To safeguard IP assets, audit them, register important creative works as copyrights, file trademark applications, and enforce your rights.
- Blockchain technology offers potential solutions for more efficient and transparent IP registration, licensing, and enforcement.
- By proactively protecting your intellectual property, you’re investing in the long-term success and value of your business.
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The Total Entrepreneurs
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Tips for Accountants: Preparing for Tax Season
- Implementing a Document Management System for Efficiency: Accountants can streamline their tax preparation process by implementing an electronic document management system. This helps with file access, reduces misplaced documents, and secures sensitive client information.
- Streamlining Your Accounting Workflow Before Tax Season Hits: An organized workflow is crucial for an efficient tax preparation process. Accountants should review current procedures, automate or redistribute tasks, and invest in cross-training to enhance productivity.
- Staying Updated with Tax Law Changes and Regulations: Accountants should regularly review industry publications and the IRS website to stay informed about tax law changes. They can also enroll in continuing education courses and establish communication channels to inform clients about new laws.
- Educating Clients on Proper Documentation and Deadlines: Accountants must educate clients on proper documentation and deadlines. They can provide clear outlines, conduct workshops or consultation sessions, and offer tools and resources for managing tax-related documents.
- Leveraging Technology for Accurate and Timely Tax Filing: Technology plays a crucial role in maintaining accuracy and timeliness in tax filings. Accountants can leverage tax preparation software, artificial intelligence, cloud-based platforms, and mobile accessibility to enhance efficiency and client satisfaction.
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Medium
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419
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Meta-Prompting: A Guide to Unlocking Deeper AI Interactions
- Meta-prompting is a concept that can transform how you interact with AI.
- It involves asking the AI to think critically about its own responses.
- By using meta-prompts, you can encourage the AI to refine and improve its answers.
- It's like having a second round of brainstorming with the AI.
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Medium
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123
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INTRODUCING $CATI TOKEN: UNLEASHING THE POTENTIAL OF THE CATIZEN GAME ON (https://t.me/CatizenAI/601
- Catizen is a blockchain-based MMORPG where players collect and evolve unique cat characters.
- $CATI is the native utility token of Catizen, used for in-game currency, staking, farming, and governance.
- $CATI has been listed on (https://t.me/CatizenAnn) for increased liquidity, accessibility, and staking opportunities.
- The launch of $CATI represents a significant step for the Catizen ecosystem, offering exciting opportunities for gamers and investors.
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Medium
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87
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Business Model for Precipice Space, LLC (Non-Profit) Recruitment Posting
- Precipice Space LLC, a non-profit organisation, aspires to make the prospect of space travel accessible and sustainable to the public. The company has announced a comprehensive plan to develop an educational programme, provide logistic support to space agencies, introduce collaborative research and development opportunities and make grants available to students interested in pursuing space research across disciplines including engineering, physics, biology, law and medicine. Through its reinvestment model, it intends to drive innovation in the space travel sector.
- The leading services that Precipice Space will offer include technical support such as on-ground engineering, IT support and mission management, spacecraft staffing consisting of operational, safety and technical staff members, and collaborations with space agencies for joint research initiatives. Precipice Space’s partnerships with universities will offer accredited BS, MS and PhD degrees in space science and industry certification for students interested in science, engineering, space law and space medicine.
- In addition to these, Precipice Space is expected to operate under a non-profit model, yet generate revenue from various sources such as service contracts with space agencies and private companies, tuition from accredited programmes, licensing technologies developed in-house for space travel, crowdfunding and public donations.
- The company intends to attract highly skilled workers from different scientific, engineering, educational and managerial backgrounds by offering competitive salaries, full-benefits packages and opportunities for training and skill development. It has announced plans to partner with renowned professors and industry professionals to teach space science programmes.
- Precipice Space aims to make space travel accessible to the public and will be targeting space enthusiasts, aspiring scientists and engineers, and corporate sponsors as its primary audiences. It intends to achieve this through a range of methods, including media, documentaries, social media, word of mouth and public outreach campaigns.
- Precipice Space has ambitious scaling plans which involve expanding its research collaborations and partnerships with private companies, universities and space agencies; launching full-scale degree programmes aboard long-term space missions; and expanding its operations to international markets. Its revenue and expense projections reveal an expected revenue of $50m in five years from service contracts, $25m from tuition and sponsored degrees and $15m from public donations, sponsorships and fundraising events.
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