A naukri.com initiative
Entrepreneurship
Medium
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376
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Unleashing SHIBITTY: The Ultimate Deflationary Meme Token is Live!
- SHIBITTY, the meme token that combines Shiba Inu and a cat, is now live on Uniswap.
- SHIBITTY brings innovation with deflationary mechanics and a fair distribution model.
- 1% of every $SHIBI transaction is permanently burned, reducing the overall supply.
- SHIBITTY is building a larger ecosystem with upcoming developments and invites the community to join.
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Leadgrowdevelop
2M
0
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Moving a Family Business: Balancing Tradition with Expansion Opportunities
- Moving a family business offers new opportunities, grow the company and expand services while staying true to the core values that built it.
- Preserving the core values of a family business is important during the move.
- Continue offering products or services that reflect the original mission of the business.
- Expanding a family business has many growth opportunities and diversifies it, making it resilient in market fluctuations.
- Involving all family members in business decisions maintains unity and harmony.
- Failure to involve all family members in significant decisions can lead to disagreements and weaken the business.
- Marketing strategies should focus on telling the story behind the brand, showcasing its values and traditions.
- Relocating a family business can present both logistical and emotional challenges, so a clear strategy should be in place.
- Expanding doesn’t mean sacrificing the family business's legacy. So, carefully plan your expansion to honor the traditions that have built the family business.
- Achieving a balance between tradition and expansion is necessary when moving a family business.
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Medium
2M
193
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A VC Asked to See My Financial Projections: Here’s What Happened
- Financial projections are a tough area for founders to handle, especially since projections could be more fictional than factual.
- When an entrepreneur finally scores a meeting with a big-time VC, and they’re asked to present the company’s financial projections, it is both an exhilarating and anxiety-inducing experience.
- While presenting their product, the VC asked to take a look at their financial projections, an area of particular discomfort for the entrepreneur. But instead of panicking and bullshitting her way through the meeting, she found the courage to admit that their projections were based on the best facts they had at the time, but that they would remain in a state of flux so long as new information was coming in.
- VCs look for founders who know how to handle questions with aplomb, particularly when it comes to financial forecasts. An honest and open approach can go a long way.
- It's important to have a strong understanding of your business so that you can explain how you're thinking about growth, even if you don’t have everything figured out. Be transparent about your assumptions and acknowledge what you don't know.
- VCs don't want to hear a perfectly rehearsed pitch; they want to have a conversation. So, entrepreneurs should be ready to pause, take a breath, and be real.
- The writer realized that financial projections are just one piece of the puzzle and that investors are looking for something less tangible such as how a founder handles pressure, responds to tough questions, and confronts unknown challenges.
- VCs want to know whether entrepreneurs are willing to figure things out or if they'll crumble under pressure.
- Having a solid understanding of the business and being truthful about what you know and what you don't know can go a long way in building investors' trust.
- Entrepreneurs shouldn't panic when presenting their financials. Instead, they should focus on conveying a holistic understanding of their business's growth patterns, transparent assumptions, and how they plan to adapt based on new facts.
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Tricky Enough
2M
266
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Creating an Effective Marketing Plan from Scratch: 7 Tips for Newbie Entrepreneurs
- Define your target audience by researching their demographics, needs, and preferences.
- Set specific marketing goals that are measurable and time-bound to track progress.
- Create a budget based on available capital and allocate funds to different marketing strategies.
- Choose optimal marketing channels and create an integrated plan with timelines and budgets.
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Hackernoon
2M
303
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The SaaS That I’m Building in Public Made $534.76 in Revenue in the First 2 Weeks After Launch 🎉
- The SaaS called CustomerFinderBot made $534.76 in revenue in the first 2 weeks after launch.
- The founder gained traction by using social media AI to find customers and targeting users looking for alternatives to competitors.
- Lessons learned include the importance of customer feedback, preventing burnout, solving real problems, and focusing on marketing.
- The founder plans to iterate, list on directories, launch on Product Hunt, invest in SEO, and ship free tools for marketing.
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Blackenterprise
2M
271
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Mary’s Pizza Shack In California Files For Bankruptcy Protection
- Mary’s Pizza Shack, a California pizza chain, has filed for bankruptcy protection but will remain open.
- The filing is part of a larger process to preserve the Mary’s Pizza Shack brand and improve guest experience.
- Mary Fazio's granddaughters will take over the brand after a restructuring plan in 2023.
- The chain closed several restaurants in the past, but assures customers that all remaining locations will continue to operate.
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Medium
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225
6 Reasons Why You Should Build a Generative AI Chatbot for Your Website
- Generative AI chatbots use website content to provide contextually relevant responses to customer queries, offering real-time answers that build trust and increase the likelihood of conversion.
- These chatbots generate leads by capturing visitors’ contact details when providing relevant responses.
- A generative AI chatbot requires no manual setup or input and learns automatically from a website, providing businesses with valuable insights about their audience.
- A generative AI chatbot can guide visitors with a sales-oriented approach that can increase website conversion rates.
- Businesses typically experience a 1-1.5% increase in website visitor-to-lead conversion rates after integrating a generative AI chatbot.
- Integrating this tool into your website can elevate customer engagement, capture valuable leads, and provide your business with a competitive edge.
- Implementing a generative AI chatbot facilitates automatic lead capture, which saves time for sales teams and ensures that no potential leads are missed.
- The chatbot can provide a sales-oriented approach to increase the value of each lead generated.
- This AI tool can capture valuable information from website visitors, including geographical location, source of website traffic, user behavior and preferences, and product or feature queries.
- By driving continuous lead generation and conversion, a generative AI chatbot can pay for itself and significantly boost business growth.
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Startupnation
2M
114
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Unlocking the Potential of Aged Shelf Companies for Quick Business Starts
- Aged shelf companies, also known as aged companies, are pre-registered and offer a faster setup for new businesses.
- They save time on paperwork and governmental processing and can be transferred to a new owner almost immediately.
- Purchasing an aged company helps avoid initial filing delays and eliminates the need for choosing a business name and registering it.
- Corporations Today offers a range of aged LLCs and C-Corporations for entrepreneurs looking to start quickly.
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Startupnation
2M
409
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Dispelling Myths: The Realities of Aged Shelf Companies
- Credit and financing: Aged shelf companies do not guarantee favorable credit terms or access to financing.
- Contract wins: Aged companies are not more likely to win contracts; awards are based on performance and customer needs.
- Instant business credibility: Aged shelf companies may attract initial interest but sustained credibility depends on business performance.
- Legal and compliance ease: Aged companies still face legal and compliance issues and must comply with current laws and regulations.
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Startupnation
2M
252
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Choosing an Aged Company Based on Names and States: A Strategic Guide
- Choosing the right aged company involves considering the name and state of incorporation.
- Relevance, brand fit, and memorability should be considered when choosing a company name.
- The state of incorporation affects regulatory environment, tax advantages, and costs.
- Examples of aged companies and their alignment with business goals are provided.
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Entrepreneurshiplife
2M
211
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How to Successfully Launch a Business in 2024: Key Steps for Entrepreneurs
- Starting a business can be an incredibly rewarding yet challenging endeavor. Following a strategic approach is essential to stand out in the competitive world.
- To begin, entrepreneurs must first develop a solid business idea that meets a market need or aligns with a growing trend. It's important to ensure that the idea is scalable and distinct from the competition.
- Thorough market research is crucial. You need to understand your potential customers, your competition, and the broader industry landscape.
- A comprehensive business plan should cover every aspect of the business including goals, strategies, target audience, and financial projections. A well-thought-out plan will increase chances of securing the funding and support needed to get the business off the ground.
- Most businesses require some level of investment to launch. It’s crucial to have a clear understanding of the financial needs. A strong business plan and a compelling pitch will be key to secure investors.
- A strong online presence is non-negotiable in today's digital era. The website is often the first point of contact for potential customers. Invest in SEO, social media, and content marketing strategies to build brand visibility and engage with the audience.
- When it comes to marketing, consider using a mix of traditional and digital strategies. The key is to find the methods that best reach the target audience. Ensure legal considerations are taken care of.
- The business world is constantly changing, and the ability to adapt is key to long-term success. Continuous innovation will keep you ahead of the competition and meet the customers' needs.
- Starting a business in 2024 requires careful planning and strategic execution. With the right approach, the business can thrive and grow in today’s dynamic marketplace.
- Patience, persistence, and adaptability are key to business success.
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Eonetwork
2M
124
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6 Steps to Build the Perfect Brand for Your Business
- Strong branding differentiates your business in a crowded market. It fosters recognition, customer loyalty, and trust.
- Developing the perfect brand requires understanding your target audience and messaging your brand.
- To craft a brand that resonates with your target audience, you need to develop a brand identity that speaks to who you are.
- Successful branding differentiates your business in a crowded market, fosters recognition, customer loyalty, and trust. By following six simple steps, you can build a strong brand for your business that will help you stand out from the crowd and reach your target audience.
- Before thinking about a logo or even a business name, you need to understand your target audience's problems and how you can solve them.
- Learn from the competition. Analyze your competitors to find out what they are missing and how you can fill that need in the market.
- Develop a brand identity that includes a logo, color palette, font, and other design assets such as icons and illustrations.
- Stay consistent with your brand guidelines and make slight adjustments according to your business growth.
- Crafting the perfect brand can help you communicate what your business does, who it is for, and why it matters. It also helps you stand out in the crowd, fosters recognition, customer loyalty, and trust.
- Brand messaging is the overarching way you communicate your business to your audience, partners, and investors.
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Inkbotdesign
2M
243
Scaling a Business on a Budget: 5 Tips To Follow
- Scaling a business does not require expensive resources.
- Innovation can outperform inflation.
- View budgets as focusing tools to create innovative and sustainable expansion.
- Leverage popular social media platforms such as Facebook to broaden your audience and increase brand awareness.
- Content marketing can drive new customers with valuable information to create loyal customers who are essential for spreading the word.
- Hiring international staff may save the company money in recruitment costs and pay structures while maintaining the quality of work.
- Outsourcing can free up resources and access skills and knowledge unavailable within the in-house team.
- Take advantage of free or inexpensive resources such as Slack, Canva, and analytical tools.
- A clear strategic plan is essential to prioritize scaling initiatives that align with long-term business goals.
- Control cash flow, explore financial options like credit lines, and make thorough financial forecasts to scale the business without sacrificing existing operations.
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Medium
2M
73
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Now or Never
- It's never been a better time to start delving into programming.
- We live in an era where everything is code-based, from phone apps to smart fridges.
- Programming is no longer just for geniuses or tech geeks; anyone can learn.
- You don't need to be a math whiz or have an advanced degree in computer science to start learning.
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Entrepreneurshiplife
2M
252
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Barry Keoghan Sibling: All About Eric and Their Tough Upbringing
- Irish actor Barry Keoghan and his brother Eric Keoghan lost their mother at a young age and moved between 13 different foster homes in Dublin.
- Eric took on a protective role and their bond became their anchor.
- Barry found solace in acting and his success brought financial stability.
- Eric chose a path away from the public eye, focusing on personal growth and well-being.
- They have made a conscious effort to reconnect with their roots and extend family beyond blood relations.
- Both brothers have been open about their struggles with mental health and their journey of healing.
- Their story is a powerful ode to resilience, love, and perseverance.
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