now browsing by tag
Starting a business is a challenge even for experienced entrepreneurs. Gaining practical knowledge about how to handle a start-up is a good way to get started. Here are four of the most recommended business books for start-ups:
- “Work the System: The Simple Mechanics of Making More and Working Less” – Sam Carpenter
Sam Carpenter shares his experience as a business owner to show the mistakes he made in the beginning. Using examples from the destructive path he took, Sam shows you why it is critical to set-up your business from the beginning. This will allow you to spend less time putting out fires and more time making money.
- “She Takes on the World” - Natalie MacNeil
Natalie MacNeil takes readers on an action filled journey packed with plenty of useful advice on how to run the business of your dreams. You will learn how to grow your business, build a team without much money, and how to get your brand on everyone’s lips. All of this is interwoven with Natalie’s experience.
- “Small Business, Big Vision” – Matthew and Adam Torren
The Torren brothers bring together practical information on starting your own business with their own experiences as successful Internet entrepreneurs. You will get instruction on how to attract investors, put together a business plan, leverage social media, and how to outsource work to the right people. With this mix of experience and practical advice, you will see what you need to make your business a success.
- “Kidpreneurs: Young Entrepreneurs with Big Ideas!” - Matthew and Adam Torren
Okay, why is a kid’s book in the mix? This book is actually a brilliant summary of the basics of business. So many adults overcomplicate the process. A look at running a humble lemonade will give an experienced business person insights into how to run a successful company. Get back to basics and see what it inspires.
These books will give you insight into what a start-up needs to become a success. If you are thinking about starting your own business, take some time and read what the experts are saying. You will gain insights and learn how to make your business a success from the very beginning.
Increasingly, the idea of a virtual office and employees working from home is becoming commonplace among technology-minded businesses, especially with startups. In fact, according to the Bureau of Labor Statistics and Read Write Web, 64.2% of self-employed or freelancing workers were working from home in 2010, with 25.8% part-time employees working from home. Now in 2012, “work from home” while working for a new business venture is becoming as normal as lunch breaks and vacation time.
But, why exactly is this trend of working from home starting to become so popular? And why with startups?
Several startups have humble beginnings in garages, apartments, and even at Starbucks. This brings about a different type of “company culture” at the beginning, and continues to be a normal way for new businesses to begin. Not only is it just an unspoken rule and part of the business culture, but it is also a great way to save money when funding comes and goes so quickly. And as all entrepreneurs know, cash flow is king.
An Inc. Magazine article followed the startup Dimagi when they moved from chilly Cambridge, Massachusetts, all the way to sunny So Paulo in Brazil for the winter months in a rented apartment. They had a location in Cambridge, South America, and even employees working in India and South Africa. Despite being spread across many different time zones, employees were still able to communicate through email and social networks while their work was updated via cloud computing. So its definitely doable.
Less Financial Obligations
Because of little to no responsibility for rent of a full office, and all of the staff that comes with it, Dimagi (and fellow startups that do the same) are able to expand into new markets directly as well gathering new experiences worry-free.This also enables entrepreneurs to channel funds into much needed places, such as business development, marketing, and seeking out new talent.
Productivity and Comfort
Working while in the comfort from your own home, or a co-worker’s, has been proven to produce better work according to The Huffington Post. As stated, “76 [percent] of telecommuters not only say they’re more willing to work overtime, but they’re more loyal employees because of telecommuting.”
Telecommuting, working from home, the office of “home,” is only going to continue to be a popular method for employees of all stripes to get work done. Startups embrace this culture because the world we live in today is more mobile and more connected, so by being more flexible there are ultimately more chances to grow.