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Archive for Starting a Business

Where’s the Best Place to Launch Your Startup?

Many startups can literally be run anywhere in the world. With the cloud, both sales and support functions are virtual — a top-notch software company no longer needs a large local sales force to sell its product via tons of in-person meetings. This opens up the possibility of launching your startup anywhere from Bozeman, Mont., to Tampa, Fla.

To find the best entrepreneurial hotspot these days, you might look at the top locations for venture capital investments or where the cost of living is lowest. But where’s the best place foryou to launch your startup?

You aren’t necessarily going to depend on a list. You’ll probably factor in where you’re already living, where your current support network is and other personal matters. Maybe you prioritize cost of living, specifically the affordability of owning a home.

If you’re thinking about launching a new startup and aren’t sure where you want to land, here are a few factors to consider:

1. Your Personal Support Network

Lists of the top startup hotspots aren’t going to take into account your personal situation: where your friends and family are, what your interests are, etc. Building a business involves hard, often stress-inducing work. You may want an established support system of friends and family nearby.

Likewise, if there’s a particular climate or activity you’re drawn to (like skiing, museums or kayaking), make that a factor in choosing a location. Your goal is to build a happy, well-rounded life that includes being an entrepreneur — don’t sacrifice personal happiness to focus solely on a startup. Continue reading “Where’s the Best Place to Launch Your Startup?” »

7 Reasons You Should Start a Business Today

If you’ve been hesitating about starting a business, this post is designed to light the fire under you. If you’re reading this post, you evidently have interest in becoming an entrepreneur. But maybe fear is holding you back. You’re not alone in that regard.

But if you dream of becoming a business owner, there’s no time like the present to get started.

1. You’re Passionate

If you have doodled on napkins during work meetings, dreamed about the type of business you yearn to start, and made everyone around you sick of hearing about it, you’re ready. Passion is one of the primary drivers of a successful business owner, and you’ve got it! Continue reading “7 Reasons You Should Start a Business Today” »

CorpNet CEO Nellie Akalp Urges The Morning Blend Viewers to Start a Business This Year

morning blend

Yet another media opportunity for our CEO, Nellie Akalp! Nellie recently appeared on Las Vegas’ The Morning Blend to talk about the opportunities for people who want to start a business this year.

She said that for people who can imagine doing what they loved — even if they didn’t get paid for it — make the ideal entrepreneurs. She also encouraged would-be entrepreneurs to open a separate business checking account to separate your personal assets from those of your business.

Some of the biggest mistakes she has seen in starting a business include:

  • Not getting legal ducks in a row. Some business owners don’t take the time to conduct a name search or incorporate their businesses, and it can cause problems down the road.
  • Not being humble and passionate about their business. Nellie said that it’s important to be a good communicator and show that you love what you do in order to grow.
  • Overcommitting and overdelivering. Nellie stressed the importance of learning to say no, and understanding your limitations.

View Nellie’s interview on The Morning Blend here.

The Best Place to Launch Your Startup

In the race to create the ultimate startup, where you are can be just as important as what you do.

The place you set down your roots and call home for your new business is probably one of your first major decisions (after what you’ll do and what you’ll call yourself). Want that home office in the center of it all? Prefer to set up headquarters away from the hustle and bustle?

How much will your physical address impact your ability to provide your goods or services?

That prime location will be here for some startups, there for others.

Regardless of your wares or services, some places are just more startup-friendly. Whether it’s the presence of local advocacy groups, tax incentives, simplified zoning ordinances or proximity to resources – a work force, similar businesses, or a climate conducive to your startup – location is key.

Here are five spots that have it going on as hubs of startup activity. Continue reading “The Best Place to Launch Your Startup” »

CorpNet CEO Nellie Akalp Shares Tips for Starting a Business in 2014 on FOX 5 in Las Vegas

fox 5

Always enthusiastic about helping people start a business, our very own Nellie Akalp recently stopped into the studio for FOX5 Vegas – KVVU with tips for starting a business.
1. Have a Business and Marketing Plan 

Nellie advises focusing on a short, to-the-point document you can easily access and change as needed. She says to make sure there is sufficient budget allocated to a strong marketing plan your business will benefit from. Continue reading “CorpNet CEO Nellie Akalp Shares Tips for Starting a Business in 2014 on FOX 5 in Las Vegas” »

2014 is the Ideal Time to Start a Business, Says CorpNet CEO Nellie Akalp

If the last few years have kept you from starting a business, there’s a light at the end of the tunnel. Our CEO recently spoke with News 3 in Las Vegas about the improvement in the economy this year. She says that CorpNet has seen a 100% increase in the number of people starting a business this January over last January, which is an indicator that now is the perfect time to start a business.

Here’s more from her recent interview.

 

7 Tips for Keeping Your Day Job

I’ve often heard (and you probably have too) that you can’t half-ass a startup. While that’s true, not every entrepreneur starts a business with between six and 24 months’ worth of living expenses set aside.

In other words, while you’re laying the groundwork for your startup, there’s still the pesky reality of rent, mortgages and other bills.

Since it’s not always practical to dive in head-first, you have to know how to ease into the waters. That usually means relying on a steady job’s stability and cash flow, while moonlighting as a startup founder.

Here are seven tips for helping you balance your day job with your passion until you’re ready to run your business full-time.

1. Know (and obey) your employee contract.

If you don’t already know the contents of your employee contract, revisit that paperwork. Look for any guidelines regarding a non-compete clause or your “after work” hours. Are you explicitly barred from working a second job? How much overlap is there between your current job and startup?

You particularly need to make sure that any intellectual property you create outside of work is yours and yours alone, and that your current employer can’t try to make a claim. Continue reading “7 Tips for Keeping Your Day Job” »

10 Things I Wish I Knew Before Starting My Business

We always say “if I only knew then what I know now…” when we look back on how little we knew in a situation. As an entrepreneur, there’s plenty I wish I could tell myself seven years ago…

1. You’re More of an Expert Than You Think. Early on, I felt so new. There were so many other marketing professionals I compared myself to, and I felt that I didn’t know a drop of what they did. It was probably true, but I lacked the confidence to consider myself an expert. Hey, everyone knows more than at least one person out there, right?

2. Don’t Waste Time on Bad Leads. My heart would soar any time someone called asking about my marketing services. But I wasted hundreds of hours preparing proposals for people who really didn’t want what I was selling. Now that I’ve learned that lesson, I waste less time. Continue reading “10 Things I Wish I Knew Before Starting My Business” »

How to Turn your Passion into Profit

Have you dreamed about being your own boss? Do you have a passion (maybe writing, cooking, or landscaping) that you’d love to turn into a business? If so, you’re one of the fortunate few who has the opportunity to start a business doing something you love.

After working with thousands of entrepreneurs over the past decade, I’ve learned some important lessons when it comes to turning a passion into profit:

1. Think about others 

There’s an old saying “Love what you do and the money will follow.” While it’s nice in theory, reality doesn’t always work this way. Certainly, passion and doing something you love are important keys to success. But in order to build a profitable business, you need to offer something that others are looking for. After all, the market doesn’t care that you’re fulfilling your lifelong dream. Customers spend money on products and services that fill a need or desire. Therefore, you’ve got to think about what your passion can mean to others. Will people buy what you’re selling?

2. Get over the fear

Too often, people don’t follow their dreams, because they’re afraid of failing. As Sven-Goran Eriksson once said,“The greatest barrier to success is the fear of failure.” When you’re starting a business, it’s easy to worry about how things will turn out, but you can’t let a fear of failure stop you from moving forward. Just remind yourself how frequently even the most successful entrepreneurs have failed. And remember, that if you never try, then you’ve already failed from the start.  Continue reading “How to Turn your Passion into Profit” »

6 Ways to Prep Your Business for Your Baby

Taking care of a newborn is hard work, just like running a small business.

Take care of both at the same time, and things can seem downright daunting. After all, there’s no employer to give you maternity leave, provide coverage during your absence, and keep the paychecks rolling in.

If you’re a mom entrepreneur who’s expecting your first baby, don’t worry. As an entrepreneur and a mother of four, I can attest firsthand that it can be done. You just need to prepare ahead of time. Since I’ve been through it a few times, I thought I’d share some tips that might make the transition easier for you. Continue reading “6 Ways to Prep Your Business for Your Baby” »