Six Ways to Business Without Capital

Jan 23, 2015 | Posted by in Business, Business Plan, Business Tips | Comments Off

First do your homework before starting a business. You must know who and what is needed by the customer, including the uniqueness of your business than competitors. If you think it’s got answers to these three questions, you can start a business.


Most importantly, if you are a niche product, the investment company and individual investors will be generous to invest their money in your business. If you are among those who have innovative ideas but do not have the capital, consider the following tips:

Borrow money

Friends are there when you’re needed, this is a true friend. Ever hear sentences like this? Well, borrow money from friends and explain to him about the potential for your product to be launched. Reassure him how much profit you can get from the brilliant niche products. But do not brag, describe with reasonable calculation. In addition to friends, you can also borrow money from relatives.

Rent Place

Ever the term SOHO? That is, small office home office. So you do not need to bother anymore to rent office space. If you’ve got the rest of the space in the house, so the change of office space.

Search partners

Find a partner of the circle of friends or relatives who are willing to invest into your business. Maybe this can help ease the burden at the same time you get new ideas. Perhaps also, you and your partner can create a new miracle.

Hire staff with a profit-sharing system

There is no harm in employing people with a profit-sharing system. You can save a lot of money and they will fully support your business.

Create a website

Google offers free websites for small and medium businesses. So you do not need to spend a lot of money to create and design a website. Business website can rake in a lot of new customers. Copy and paste the URL of the website to your personal social networking accounts, and enlist the help of friends to promote to their acquaintances. Chances are you capture a very large potential customer.


If your business does not directly generate profits (most are not), focus to continuously improve your business and find out if there is something wrong.

Do not Feel Old to Start a Business

Jan 18, 2015 | Posted by in Business, Business Plan, Business Tips | Comments Off

old businessYou think you have passed the golden age? Think again. A new conference to encourage people over the age of 50 to become entrepreneurs.

Silicon Valley gold adore children. It is easy to see the success of Mark Zuckerberg and Jack Dorseys. World assume that young age is a must, or at least the main requirement when starting a business.

However, according to the Kauffman Foundation’s annual index, the level of new business started by entrepreneurs aged between 20 and 34 actually have fallen in recent years. Meanwhile, the number of attempts made by older entrepreneurs aged between 55 and 64 increased dramatically. In 1996, only 14.3 percent of new entrepreneurs who are older than 55. In 2012, that number increased to 23.4 percent.

Now there is a special conference targeting new entrepreneurs old age. More recently, non-profit Center for Productive Longevity launched a national conference in Washington DC to promote entrepreneurship to people over the age of 50. The event is the brainchild of Bill Zinke (86 years) who had previously founded and ran a management consulting firm focusing on the issues that arise with older workers. Around 2007, he began to think about ways to encourage the growth of the elderly population to remain productive. Based on his own experience, he believes entrepreneurship is very well suited for the older generation.

“Parents have something that young people do not have: the experience, expertise, assessment, and performance,” he said as quoted by

“That’s why parents are creating new business has a higher success rate.”

In recent years, the economy has shifted from industrial to knowledge-based. Parents can continue to work well in the 60s, 70s, and 80s, “I think my example. And I do not think I am an anatomical miracle. I just reflect the reality of the demographic changes in America.”

Why should focus on running a business

Jan 7, 2015 | Posted by in Business, Business Plan, Business Tips | Comments Off

inovationsThe importance of focus in running the business will be greatly felt by the new novice businessmen to run their business. While businesses are still in need of attention and care to be able to run with all its resources. A start-up businesses, especially businesses that start from the bottom, starting from childhood, and started from scratch, usually have limited resources, both from the capital, human resources, and management. It is important to divide all the limited resources wisely, effectively, and efficiently.

This is where the importance of focus on running the business. It is not easy. There will always be temptations and distractions to become the focus in one of our business. Instead of completing a business project to completion, interruption of business focus even cause a business to business change too quickly. It’s too much of my energy and resources. There is some sense of focus that should change in the mindset of a businessman.

The focus does not mean fixated on just one business. There was a time, maybe we should change from one business to another business. but it must pass the first stage of evaluation. Evaluation of the stages of what has been done in the business to bring the business to grow and flourish. So, not only because of the obstacles and difficulties in the business of making the business then become eligible to be left without a settlement. Evaluation is important to consider and conclude whether all steps in the business close to the target and goals, or even bring on the destruction of the business.

Focus in business means doing any steps in the business one by one. Focus means doing business steps in turn. Instead together at once. Focus on doing business step one by one, we’ll simplify the evaluation phase of the business.

The focus in the business means a strategy to streamline business performance. Thus, the focus is a way to reduce the waste of resources in the business. Businessmen who have little resources, it requires a focus on running the business.

Running a business with a focus not the same as letting wasted resources with scarcely be controlled and restrained. Will be a lot of resources are wasted. Might be a lot of wasted costs in preparation for the focus not. It’s like doing everything with half-a half. Very draining, and perhaps ultimately, we have to do everything twice. Well, repeat. A huge waste of time, not !.

That is why we have to focus on running the business. Run a business one by one. Find all means that a business can succeed. However, if the business ultimately unsuccessful, then make sure the unsuccessful already passed the evaluation stage. And only then may move to another business. So, we will find out, in which the field of business that fits with us. why? because we do it, one by one, focus.

Strategy Creating a Business Plan that Attract Investors

Jan 3, 2015 | Posted by in Business, Business Tips | Comments Off

marketing customersA business plan describes the business model, products, services, markets, strategies, and funding needs for new businesses or business change that is being done. The business plan is needed to push investors into the company. With the influx of investors into the company expected a business plan that has been created can be realized.

Certainly needed a special strategy to create a business plan attractive to investors. Here are some things that you can apply in preparing a business plan:

1. Define the product or service you are offering and how to overcome the challenges in the market. This will show the value in solving the challenges by identifying customer references and reference documents from the industry consultants or your internal research. By doing so, you will show investors how to put a product or service apart from the competition. In addition, determine the market for business for a period of five years. Explain how the market may change from time frame and how the business will respond to these changes.

2. Determine the business strategy and measures to execute the plan. The business plan should explain about potential partnerships, channel sales and sales process. Identify current competitors and the future and how they will react to the business in the market. Determine whether the business will need patent protection and the possibility of duplication of products or services. Describe the necessary funding round, plans an initial public offering and acquisition plans.

3. Make the income statement, multi-year. Include income projections, product development, sales and marketing, general and administrative gross income. Determine the initial funding you are seeking and how the initial funds will be used.

4. Identification of the company’s management and staff are needed. Summarizing major milestone to achieve business plans, including funding needs, objectives staff, sales goals, and major events such as the movement into new markets, acquisitions, and the next round of funding.

5. Write a business plan using all the necessary information and plan renewal business plan when needed.

Ollie Forsyth, Rise of Victims of Bullying So Successful Entrepreneur

Dec 29, 2014 | Posted by in Business | Comments Off

ollie_forsythOllie Forsyth is not a popular kid in school. He is not considered part of the social environment in which he daily study. Oppression and banter that he received from a disease he suffered from dyslexia. He was ostracized for being different by his friends. They consider Ollie nobodies and he can not be a successful person in life.

However, one of his friends. Teenagers from Northamptonshire, England is not simply accept the suppression of the surrounding. Ollie decided to emerge from the downturn by using the spirit of entrepreneurship.

To make it vibrant, Ollie imagine her future will be as prosperous and great entrepreneur Sir Richard Branson, and incidentally also Branson is dyslexic child once. From Branson, Ollie also learned a lot and he is ready to change his way of life to a more positive direction.

Ollie does not just stop there. He was determined to prove to his friends who liked it that he could repress set up a business at the age of 13 years!

Ollie interest in entrepreneurship is not new. When still a child, the British teenager has been infected entrepreneurship. He grew up in an area that is economically prosperous enough so that he can freely explore the world he likes. Parents are taught how hard hopeless person should get the money. To do little jobs like brewing tea and coffee for parents, Ollie given 20 pence per cup and for heating back, he gets the same wage. Ollie also accustomed to do household chores like taking a walk with the dog and cut grass to get a weekly allowance.

However, it was just the appetizer course. Ollie entered more serious in entrepreneurship when he founded Ollie’s Shop, an online gift boutique that sells a variety of accessories bracelets, cuffs, belts and leather wallets and funny gift for teens and their parents. With the help kekluarga and friend, Ollie fulfill orders every day from home. In his house, Ollie store inventory, which he partly imported from China.

He said Ollie’s Shop successfully run the business since the first day of launch and keep going until now. Ollie collect profit to more than 2500 pounds, he claims, in just 6 months.

When realizing a profit that he obtained already relatively high, he decided to further maximize their business performance. He is proud to have never tasted loss.

Ollie tells that the oppression of her friends at school just because they were jealous of his success in business. He attended a prestigious private schools that accommodate children with learning difficulties.

At an early age, the young entrepreneur has learned a lot about how to get up at the time was not accepted by the environment by using the spirit of doing something more constructive and positive.

For children with the same problem, Ollie advised to ignore the oppressors and keep going forward. “Go ahead and ride!” He said. Better channel the anger and aggravation on achieving your dreams and help others in the face of similar problems. Of the problems of social oppression, Ollie also learn to sympathize. He took the time to volunteer activities that provide benefits for many people.

“I always wanted to help others and it’s not just for reasons of public relations, but it comes from the heart,” said the young men. Armed with a concern for others, Ollie plunge in the activities of bodies of volunteers such as the Children’s Hospice in East Anglia, The Soldiers’ Charity was initiated by the Army Benevolent Fund, and now he became an ambassador for England’s winner, a publication inspirational line that connects the reader with various charities. With his own money, Ollie helped establish a charity to help young entrepreneurs start their business while still attending school.

Now at the age of 16 years, Ollie has opened its online store second, Charmou. Its business was launched 4 months ago, and already represent about 23 brand new clothes and 250 products from around the world. For the next targets, Ollie unsparing want to embrace 365 brand until early 2015.

Ollie did not want to be complacent and always ambitious to become a millionaire at the age of 20 or in the 20s. “Or before I die,” he said

Jeremy Stoppelman: Founder Online Services Yelp

Dec 29, 2014 | Posted by in Business | Comments Off

jeremy_stoppelmanJeremy Stoppelman startup co-founded Yelp Inc. in July 2004 with his colleague Russel Simmons.

Prior to working at Yelp, Jeremy served as Vice President of Engineering at PayPal. He left PayPal in the summer of 2003 to go to college at Harvard Business School. After completing his first year at HBS, Jeremu joined the incubator dididirikan by Mark Levchin (co-founder of PayPal) for a period of a summer internship. That’s where he was reunited with his old friend Russell Simmons and they both work together to create a vibrant community to local information.

Jeremy bagging B.S. in computer engineering from the University of Illinois. were both founded is an online service that works like a telephone directory book “Yellow Pages” and try to explore the potential of advertising in the local market worth 92 billion dollars. People like to review a lot of doctors that their latest visit to a nightclub. This is the website for young people in Sanfransisco and mulaiilah Yelp growing up to New York, Boston, Chicago, Seattle, and Los Angeles. There are more than 1 million visitors per month who are already uploaded about 150 thousand reviews.

However still have to prove themselves that a similar formula in Los Angeles can be applied successfully in other cities.

Funding secured Yelp is US $ 1 million from PayPal founder Max Levchin in 2003 and US $ 5 million from Bessemer Partners in 2005.