Posts tagged business

Businesses that cater to consumers’ fears for the future are reporting “robust sales,” writes OPEN Forum contributor Mark Henricks. 
"Doomsday may or may not be looming ahead, but it’s never been disadvantageous to be prepared," says David Sanders, owner of Atlanta-based e-commerce business Doomsday Prep. (He should know — his sales go up with every new season of AMC’s zombie survival hit The Walking Dead). 
Read more on OPEN Forum, “Dystopian Businesses: Profiting From Depressing Visions of the Future”

Businesses that cater to consumers’ fears for the future are reporting “robust sales,” writes OPEN Forum contributor Mark Henricks. 

"Doomsday may or may not be looming ahead, but it’s never been disadvantageous to be prepared," says David Sanders, owner of Atlanta-based e-commerce business Doomsday Prep. (He should know — his sales go up with every new season of AMC’s zombie survival hit The Walking Dead)

Read more on OPEN Forum, “Dystopian Businesses: Profiting From Depressing Visions of the Future

Though it has its detractors, Google Glass has a few apps that would be perfect for small-business owners, writes OPEN Forum contributor Barry Moltz.

1. Speech Helper: Dump those PowerPoint slides and the handheld notes, and maintain eye contact with your audience. Use this small prompter in Glass to go through the presentation without either of these visual aids. Another application, Glassentation, works in a similar way.

Read the four other apps (and five apps he would like to see) on OPEN Forum.
Flickr user: lawrencegs

Though it has its detractors, Google Glass has a few apps that would be perfect for small-business owners, writes OPEN Forum contributor Barry Moltz.

1. Speech Helper: Dump those PowerPoint slides and the handheld notes, and maintain eye contact with your audience. Use this small prompter in Glass to go through the presentation without either of these visual aids. Another application, Glassentation, works in a similar way.

Read the four other apps (and five apps he would like to see) on OPEN Forum.

Flickr user: lawrencegs

Making close to $90,000 worth of mistakes has taught the business owners behind J. Paul, a line of skincare products for men, some pretty invaluable lessons. Watch to learn how the team managed to turn their mistakes into teachable moments that strengthened the brand.

Don’t let the rock-and-roll exterior fool you: Jimmy Webb, the buyer at New York’s iconic punk fashion store trashandvaudeville, is a big softie. Watch to learn why it’s so important to have a buyer who connects with your brand.

You have a great idea, and can’t wait to get started. But how do you get the funds to turn your dream into a reality? Alley Watch has some great advice on getting your business funded, whether through bootstrapping or microloans.
(Flickr user: 401 (K) 2013)

You have a great idea, and can’t wait to get started. But how do you get the funds to turn your dream into a reality? Alley Watch has some great advice on getting your business funded, whether through bootstrapping or microloans.

(Flickr user: 401 (K) 2013)

3 Things Businesses Do To Make 9 Figures

It’s hard to make a buck, and even harder to make $100 million of them: “72% of all startups stall before they get to $100 million; only 3 percent ever see $1 billion.” So what’s the secret for those that do make it?

  1. They excel at market creation.
  2. They disrupt.
  3. They set new standards.

Via OPENForum.com: "3 Things Businesses Do to Pass the $100M Mark"

5 Steps To Master For A Perfect Elevator Pitch

You ready? Go.

  1. Clarify your goal.
  2. Ask for attention.
  3. Make it sticky.
  4. Determine the situation maker.
  5. Get it right.

Remember, the elevator pitch is a pitch, not a conversation,” writes sales expert and OPEN Forum contributor Grant Cardone. “It needs to be hard, fast and loaded with confidence.”

Via OPEN Forum: “How to Sell Your Idea in 20 Seconds

"Everyone has a great idea, we all do," says Reddit’s Alexis Ohanian, co-founder of the online community platfrom and viral content discovery tool. “The way I like to think about it was in the Industrial Revolution, if you wanted to change the world you had to open a factory. In the Internet revolution, you only need to open a laptop.”

Ohanian spoke with J.J. Ramburg about executing an idea and focusing on a product in this great video.

In “Rookies,” a new series on OPEN Forum, we profile business owners as they navigate the ups and downs of starting a business for the first time. Our first profile features Mackenzie Farquer of Lockwood, a lifestyle shop in Astoria:

"I was living in this neighborhood that was really underserved. There was nowhere to shop: no gift store, boutique, clothing store. I would always tell people at cocktail parties, ‘I’m going to open a store in Astoria.’ I don’t think they believed me."

Via OPENForum.com: “Rookies: How Mackenzi Farquer Went From Stockbroker to Store Owner

Though women are starting businesses faster than ever before, “women-owned businesses employ only 6 percent of the U.S. workforce and account for just 4 percent of revenues.”
Here are the barriers to growth that women entrepreneurs are facing today.
Via OPENForum.com: “3 Ways to Increase Women Entrepreneurship Worldwide”

Though women are starting businesses faster than ever before, “women-owned businesses employ only 6 percent of the U.S. workforce and account for just 4 percent of revenues.”

Here are the barriers to growth that women entrepreneurs are facing today.

Via OPENForum.com: “3 Ways to Increase Women Entrepreneurship Worldwide