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Archive for October, 2009

30
Oct

Video of the Week: Shark Tank – Done

Financial matters can be one of the most brain bending aspects of business. Financial projections lead to financial analysis which may lead to the need for financing or investing. Love it or hate it, we have to deal with it as entrepreneurs. Throughout the month of November, you can look to Cardinal Rules as a resource to understand financial matters in business a little more. In the meantime, check out this clip – would you have gone back and forth on this negotiation?

Shark Tank was a recent addition to the ABC line-up of prime time shows and the talk of entrepreneurial circles far and wide. Although most full episodes are not online anymore (the last three episodes are available at ABC.com and Hulu.com), ABC has a pretty good episode guide that includes a summary of each pitch, the best part of the pitch, and the investors’ reactions to the pitch for each episode. You can also check out audience comments and contribute your own.

What tips have you picked up from Shark Tank? Are there any other television shows, movies, or videos that you recommend for people interested in obtaining financing?

30
Oct

Video of the Week: Shark Tank – Done

Financial matters can be one of the most brain bending aspects of business. Financial projections lead to financial analysis which may lead to the need for financing or investing. Love it or hate it, we have to deal with it as entrepreneurs. Throughout the month of November, you can look to Cardinal Rules as a resource to understand financial matters in business a little more. In the meantime, check out this clip – would you have gone back and forth on this negotiation?

Shark Tank was a recent addition to the ABC line-up of prime time shows and the talk of entrepreneurial circles far and wide. Although most full episodes are not online anymore (the last three episodes are available at ABC.com and Hulu.com), ABC has a pretty good episode guide that includes a summary of each pitch, the best part of the pitch, and the investors’ reactions to the pitch for each episode. You can also check out audience comments and contribute your own.

What tips have you picked up from Shark Tank? Are there any other television shows, movies, or videos that you recommend for people interested in obtaining financing?

29
Oct

Connecting With Collaboration Tools

Collaboration tools for the web are really cool since they give the opportunity to have business meetings without actually being in the same room. I have been researching a web solution to start conducting webinars. I have conducted seminars on site before, I know this would be a great addition to what I already offer. Conducting webinars or teleseminars is a solid business opportunity since:

  • Geography does not matter – just need computer and phone access 
  • No need to reserve a room
  • It can be ultra-convenient for participants since they don’t have to travel, find parking, find a seat, and repeat that process all over again to gain valuable information that will make their lives easier
  • Sessions can be recorded which offers residual income from continued sales
  • I have all this information to share and can do so from the comfort of my home, the park, wherever I want to be

A great summary article on various solutions is Online Presentations: 30+ Presentation and Slideshow Tools. While reviewing different solutions, I have realized I could actually use this for any phase of my consulting to meet and collaborate with clients one on one.

I’ll update the article later with which service I ultimately choose. In the meantime, do you have any recommendations of webinar and teleseminar software? Have you added this as a component to your business?

29
Oct

Connecting With Collaboration Tools

Collaboration tools for the web are really cool since they give the opportunity to have business meetings without actually being in the same room. I have been researching a web solution to start conducting webinars. I have conducted seminars on site before, I know this would be a great addition to what I already offer. Conducting webinars or teleseminars is a solid business opportunity since:

  • Geography does not matter – just need computer and phone access 
  • No need to reserve a room
  • It can be ultra-convenient for participants since they don’t have to travel, find parking, find a seat, and repeat that process all over again to gain valuable information that will make their lives easier
  • Sessions can be recorded which offers residual income from continued sales
  • I have all this information to share and can do so from the comfort of my home, the park, wherever I want to be

A great summary article on various solutions is Online Presentations: 30+ Presentation and Slideshow Tools. While reviewing different solutions, I have realized I could actually use this for any phase of my consulting to meet and collaborate with clients one on one.

I’ll update the article later with which service I ultimately choose. In the meantime, do you have any recommendations of webinar and teleseminar software? Have you added this as a component to your business?

27
Oct

Online Tools To Nurture Your Business Connections

There are many online tools for the beginning entrepreneur to use to warm up your business connections. I am learning about more every day since I am actively seeking ways to build this forum and help others understand how to best grow their firms in ways best for them. Currently I am using using Facebook, Twitter, Blogger and a few more tools I will mention below.  Most of these resources have free versions with the ability to upgrade and take advantage of more features.

One tool that I have used for a while is Survey Gizmo. I love the flexibility it has versus other survey sites I have used in the past. You can create and send out an unlimited amount of surveys (only receive 250 complete responses per month though). Also you can create reports, print them, and have continued access to them for an unlimited amount of time. This is good for staying connected to your current and potential customers.

I found this wonderful article – 10 of the Best Social Media Tools for Entrepreneurs – and found even more tools to take advantage of. I’m currently on LinkedIn but haven’t used Answers or Company Profiles in a way that would best get the word out about my businesses (that is about to change). I have a YouTube account but have not determined how I will use video as a promotional or educational tool (hmmm….). I signed up for Mailchimp and am exploring it as an e-newsletter solution.

All of these resources are great tools to support your business. They are only for support, will only be as effective as you allow them to be, and are not to be relied on as the sole source of business development. The best tool for business development is you since no one can sell you and your passion like you can.

How effective has social media been for your business development?