Posts tagged Business Growth

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Volunteering is not just good for your community, it can be good for business by:

  • Enhancing your skills
  • Winning publicity
  • Creating new contacts
  • Building employee morale

Read more 5 Ways Volunteering Can Help Grow Your Business.

Detroit 2.0: Can Startups Revive a Distressed City?

With a suddenly booming startup scene and an inflow of young talent, many insiders see Detroit as the new frontier for entrepreneurship.

“If you walked around downtown Detroit two years ago, you would have been the only person there,” says Matt Mosher, founder of hiredMYway, an online resource for job seekers. “Today, it feels like a totally different country. People are everywhere, shops and restaurants are everywhere and startups are popping up every day. 

“Earlier this year, I was looking for an apartment and got into a bidding war with another tenant. It’s crazy exciting here right now.”

Read more about the future of Detroit on OPEN Forum.

Failing fast. I recommend all entrepreneurs try new things on a regular basis. Here at XO Group, we promote colossal failures so people can see that we are open to taking risks. It is a great way to learn.
Carley Roney, Founder of XO Group, formerly The Knot, on the key to her company’s success
You can’t underestimate the importance of having passion. Being an entrepreneur takes you on a roller coaster of emotions and you need passion to get through.

Ketih Belling, serial entrepreneur and co-founder of popchips, a brand of low-fat potato chips.

Read more of OPEN Forum’s exclusive Q&A with Belling on his $90 million snack food success.

People ask us if we are growing too fast, but if you don’t grow you die. Growth is a necessity to growing a great restaurant company. Growth is imperative to our success and sustainability.
Jeff Zalaznick, Managing Partner of Major Food Group, a New York based hospitality and restaurant company, comprised of Torissi, Parm, and Carbone, speaking at OPENCo last week in NYC.
Have you seen the new OPEN Forum?Scott Roen, Vice President of Digital Marketing and Innovation at American Express, introduces a brand new OPEN Forum by asking, why do entrepreneurs share advice? The new OPEN Forum helps entrepreneurs share ideas, get and give advice, and discuss experiences leading to small-business success.More than a redesign (though we’re pretty excited about that, too), OPEN Forum features a community where you can give and get advice. It’s where you can find, save and share insights from OPEN Forum—and from around the Web. And it’s a place for meeting fellow entrepreneurs and business owners, experts and other like-minded individuals. We recognized that building connections is still as important today as it was in 2007; it’s just how we do it that’s evolved.
(via OPEN Forum: Why Do Entrepreneurs Share Advice? | | The New OPEN ForumThe New OPEN Forum)

Have you seen the new OPEN Forum?

Scott Roen, Vice President of Digital Marketing and Innovation at American Express, introduces a brand new OPEN Forum by asking, why do entrepreneurs share advice? The new OPEN Forum helps entrepreneurs share ideas, get and give advice, and discuss experiences leading to small-business success.

More than a redesign (though we’re pretty excited about that, too), OPEN Forum features a community where you can give and get advice. It’s where you can find, save and share insights from OPEN Forum—and from around the Web. And it’s a place for meeting fellow entrepreneurs and business owners, experts and other like-minded individuals. We recognized that building connections is still as important today as it was in 2007; it’s just how we do it that’s evolved.

(via OPEN Forum: Why Do Entrepreneurs Share Advice? | | The New OPEN ForumThe New OPEN Forum)

Click here to embiggen (see full infographic)
According to the National Employment Report, small businesses in America created 74,000 new jobs in March.
Keep it up small business owners!
(Via Visual.ly)

Click here to embiggen (see full infographic)

According to the National Employment Report, small businesses in America created 74,000 new jobs in March.

Keep it up small business owners!

(Via Visual.ly)

Modern Vice Shoes: Made in the USA is a Perfect FitWhen the Adoni brothers told their family and friends that they wanted 
to open a domestic shoe and sneaker factory in New York City, “everyone 
thought we were absolutely crazy,” says Jordan Adoni, 29. But he and his
 brother, Jensen, 23, were undeterred. They had worked for their 
father’s shoe manufacturing and importing businesses and had a few ideas
 of their own about how things should be done. Two years into their 
venture, Modern Vice,
 the brothers are not looking quite so crazy. They operate the only full
 production footwear factory in New York City and make up to 1,000 pairs
 of shoes a day. Last year, the company posted revenues between $6 
million and $7 million and this year is on track for $18 million.Read more on how they grew their business from startup to success.
        (via Modern Vice Shoes: Made in the USA is a Perfect Fit - OPEN Forum :: American Express OPEN Forum)
Modern Vice Shoes: Made in the USA is a Perfect Fit

When the Adoni brothers told their family and friends that they wanted to open a domestic shoe and sneaker factory in New York City, “everyone thought we were absolutely crazy,” says Jordan Adoni, 29. But he and his brother, Jensen, 23, were undeterred. They had worked for their father’s shoe manufacturing and importing businesses and had a few ideas of their own about how things should be done. Two years into their venture, Modern Vice, the brothers are not looking quite so crazy. They operate the only full production footwear factory in New York City and make up to 1,000 pairs of shoes a day. Last year, the company posted revenues between $6 million and $7 million and this year is on track for $18 million.

Read more on how they grew their business from startup to success.

(via Modern Vice Shoes: Made in the USA is a Perfect Fit - OPEN Forum :: American Express OPEN Forum)

How To Ask—And Listen—Like You Mean It You have to listen well in order to ask the questions that will make a difference. Here’s how to ask the questions that will propel your team and organization forward.Read More
(via How To Ask—And Listen—Like You Mean It | Fast Company)

How To Ask—And Listen—Like You Mean It

You have to listen well in order to ask the questions that will make a difference. Here’s how to ask the questions that will propel your team and organization forward.

Read More

(via How To Ask—And Listen—Like You Mean It | Fast Company)

How Alberto Perlman of Zumba Turned His 20th Business Into the World’s Biggest Fitness Craze


Here are four lessons Perlman learned in his early days of launching Zumba:

1. Don’t give up.

2. Find a product that’s unique.

3. Try different business models for your product.

4. If you know your product is good and consumers like your product, it doesn’t matter what anyone else says.

Read More