Category: Startup

How To Incorporate A Business In The USA? Pros And Cons Of Different Legal Forms

In the life of an entrepreneur, one day comes the moment for incorporating his/her activities. And then usually comes the question ‘How the heck do I do that?’ or ‘How to incorporate a business?’. What type of company would you use if you needed to do that? Would you form a C Corp or you would choose a sole proprietorship? Maybe founding a limited liabilities company (LLC)? What are the differences between all of these what would be the most appropriate for you? Someone may say: Damn, isn’t it enough that more than 90% of starting entrepreneurs fail, but now...

Top places for startign a business in USA

Which city to choose for your startup? The Best Cities For Starting A Business In The US

Business conditions can vary significantly in different places in the US. Choosing the right city for your startup can be the difference between failure and success. A company called GoodApril has made research on this matter across the country and has found the top 7 best places for founding a company. They have taken in account 6 important business factors in their analysis: 1. Average tech wages 2. Income taxes 3. Sales taxes 4. Property taxes 5. Housing cost 6. Office prices After collecting all the needed data, the professionals from GoodApril have come to some interesting results. The best...

10 Mistakes To Avoid When Raising Funding For Your Start-Up

One of the crucial things for the survival of a startup is finding the money for its growth. Fundraising is extremely hard for starting companies, because of the huge risk involved and the lack of collateral for backing up the funds. But it is easy to avoid the most common mistakes an entrepreneur makes when searching for funds. The consulting company Founder Institute made research on this matter and they created this beautiful infographic below. There you can see the most common mistakes you could make while searching for cash to start your business. Attracting the attention of those worth...

10 Rules For Successful Business

10 Rules For Starting a Business Successfully

Do you want to be independent? Do you want to be the master of your own destiny? Would you like to get rich? If the answer to all of these questions is ‘YES’, a great way to achieve these goals is by starting your own business. If you haven’t considered this option, think once again about it. Especially if you think the rules listed below apply to you. On this cool infographic, you can see 10 great tips that can help you come up with a great business idea, or/and shift out the good ones. The picture, created by ‘The...

ATM Terminal

How to Start a Payment Processing Business at 16 – Jared Isaacman’s Start Up Story

Jared Isaacman was only 16 when he decided to start his own business. He was so obsessed with the idea that he quit high school and passed the GED exam instead, so he could focus on this entirely. In a few years, he ended up founding a  payment processing company named United Bank Card Inc. The first office of his business was not traditional for many great entrepreneurs garage, but the basement of his home. Here is how it all happened. After leaving school at 16, Jared went to work for a credit card company, where he spent around 6...

The Magic of Accurately Valuating a Start Up

How Start-Ups Are Valuated – This Is How You Can Evaluate Your Starting Company

Most of the biggest online companies that exist today – Google, Yahoo, Facebook, eBay, you name it…, probably wouldn’t be here, if they didn’t receive venture capital or angel financing at their beginning. But putting money into a business is the easiest part, accurately evaluating its potential is what makes the difference between a highly successful and a bad investment. Investing in a multi-billion company at its start is like hitting the jackpot. All of the early investors in Google have made millions and even billions (like Andreas von Bechtolsheim for instance). But spotting such a gold mine is not...

Online Entrepreneurs And Their Businesses Are Growing Rapidly (Infographic)

Making business online has become a sweet and lucrative occupation… And it has been expanding really fast. Internet is one of the greatest things that has ever happened in our development as humans. It has changed the world forever. Our lives has changed, our habits, our thinking and we are different as a whole. And this is only the beginning. Still, less than 35% of the people on the Earth use the web regularly. The growth that is going to come will be huge! Even though, just a third of the population on our planet uses it, Internet is the...

Halo Report - Sillicon Valey Bank

What Is an Angel Investor? Difference Between Venture Capitalists and Angel Investors

What Is an Angel Investor Actually? First of all, let’s see what a business angel (angel investor) is. This usually is a wealthy person, who is willing to finance a startup, in exchange for a part of the equity of the financed venture, or for convertible debt. It’s not unusual for business angels to be organized in groups, this way they share the risk, combine their experience and know-how, and can provide much more financing. In many cases, angel investors are retired entrepreneurs or executives in big companies. They often participate in the management of the startup and provide not...

The Success Stories Of 3 Cool College Startup Companies And Their Founders

Many of the greatest business ideas, that were later turned into super successful businesses, were born in the heads of college students. Thinking about today’s multi-billion companies like Facebook, LinkedIn, Apple, Google, and Yahoo…, seems like this trend hasn’t changed much now as all of these are college startups… Only to add to this statement, here are 3 additional stories of 3 American young entrepreneurs who have built a successful businesses out of their ideas while in college: Zac Workman – Punch Zac was an ordinary student at Indiana University, who liked having energy drinks. But no matter how hard...

Amazon was also started in a garage

5 Big High Tech Businesses Started in a Garage

Did you know that many of the biggest Internet companies today were started in a garage? These multi-billion businesses had barely anything at the beginning, the most important thing for their success turned out to be simply a great business idea. Here are the stories of some of the most popular ‘garage start ups‘: Google The founders of one of the greatest Internet companies – Sergey Brin and Larry Page started the business in a small garage in California. They paid $1 700 monthly for the rent and spent there around 5 months. During that time, they actually created the...