I am sure there is not a soul that will be surprised to hear that the number of business failures this year exceeds historical levels. Not just small business this time- but big retail companies (18 retailers filed for bankruptcy in the first 6 months of the year, 11 more in the next 45 days! A total of some 6000 retail stores have disappeared across the USA.) Yes, these numbers exceed those from the Great Recession.
Tag Archives: startups
We’re All Startups Now!
The world as we know it has changed. That part is absolutely true. More so than after 9-11, when many of us thought the same thing. Because this time, it’s not just America that has been hit- but the world. And, it’s still hitting the world- and will be doing so for a while.
Ready, set…
I had a meeting the other day with a very talented musician. He’s been preparing a brand new album and he wants to begin operating as a real business.
R&D cuts mean fewer Start-ups
I am not trying to sound the Doomsday Machine. Our economy is picking up. Corporations are raising their low-end employee’s wages. (Don’t get too excited. They are not doing this for benevolent reasons. They are having a tough time keeping their low-end employees, because jobs are now more available.) But, we still are not coming out with a plethora of new products.
Should you? Or shouldn’t you?
Your new product is ready- but, you don’t have enough money to bring it to market. Do you search for angels? venture capital? crowdsource? That last choice is the new one, the one made possible by the Jobs Act (reported here), where you convince folks (typically LOTS of folks) to provide you with a small amount of money (each, but it should be lots in total). Typically, those folks want something in return. There are internet sites that makes crowdsourcing all possible. Kickstarter, Indiegogo, AngelList are three such sites.