Some good reminders in this article about chosing a proven business model that has a known good fundamental metric for most businesses: Profit margin. I mean, who really wants to sell matresses anyways. But, they are apparently quite profitable. And, at the end of the day, without profit, a business had better be helping people…
Monthly Archives: April 2006
Startup lessons from a Y-Combinator startup company entrepreneur
Some good insights from one of the Y-Combinator startups… things I’ve learned from my startup Last year in May I got my BA in Physics and Philosophy from Yale; three days later Emmett and I officially started work on Kiko and became entrepreneurs. We’ve been working on Kiko full time for the past ten months,…
The Legal Side of Business
Before you’ve taken your business idea and decide to run with it, do you know if it’s legal? Doing some simple research online can help you find out if you can later find yourself in court for legal mumbo jumbo you never thought of. For instance depending on what you sell, you may decide that…
Find Your Niche
You want to start your own company. That is a big task in itself but you also have to come up with something isn’t already done or isn’t being done by everyone and their grandmother. Try to find what your good at. What services can you offer that doesn’t already have a million companies selling…
Taking Your Business Online
Not to long ago ABC rolled out a new show titled “American Inventor” a knock-off of American Idol which was actually an idea from Simon Cowell. As I watch the show I see some ideas get through that I don’t think are great at all and sometime products are turned away when I think that…
Should You Start A Company?
If you ask a small group of people most if not all would say that they would prefer to work for themselves. However not everyone has what it takes to do that, even if it’s just working from home. One of the first things you have to ask yourself is; “Can I push myself when…