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Entrepreneurship News Roundup: Week of 5/14/2010
Ruhe Thom
5/14/2010
Blog Resource
Summary:

This week we learned about four innovative marketing solutions for small businesses as well as 12 innovative steps entrepreneurs can utilize their leadership presence to inspire others.

We also reviewed how a group of entrepreneurial law students jumped right into starting their own business despite...

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A Panorama of Venture Capital and Beyond
Andreessen Marc
5/12/2010
Audio Resource
Summary:

Serial entrepreneur Marc Andreessen offers the Stanford audience a rare opportunity to pose open questions. Topics addressed include everything from the state of VC and the stock market, to Facebook's market dominance, to the rebirth of consumer electronics. In addition, Andreessen offers ground rules for the start-up, including tips on attracting top talent.

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Entrepreneurship News Roundup: Week of 5/7/2010
Ruhe Thom
5/7/2010
Blog Resource
Summary:

This week we learned how Dave Waldman, CEO and Entrepreneurial Founder of Bccthis took a chance and ventured out with his business partner to create their own startup. We also took a look at the top ten ingredients needed to create a great business plan...

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Use Your Leadership Presence to Inspire
Baldoni John
5/5/2010
Article Resource
Summary:

In times of crisis people always look for inspirational leaders. What makes for inspiration is subjective, but there is one common element when speaking about leaders who inspire: they have a strong leadership presence.

By presence we mean "earned authority." That is, people follow your leadership because you are a proven quantity, whose credibility rests on your having gotten things done. Every leader must aspire to demonstrate presence in order to inspire; this is a theme explored in a new book, 12 Steps to Power Presence: How Leaders Assert their Authority to Lead.

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Business Planning: A Permission Based Approach.
5/3/2010
Blog Resource
Summary:

Lately it seems as if the term “business plan” has become synonymous with the entrepreneurship education initiatives that have sprung up on nearly every college campus and small business development center in the country.

Business plan competitions, business plan writing clinics, business planning software, business...

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Entrepreneurship News Roundup: Week of 4/30/2010
Ruhe Thom
4/30/2010
Blog Resource
Summary:

The 2010 Presidential Summit on Entrepreneurship wrapped up with many exciting takeaways such as the growth of youth entrepreneurship, the development of the US relationship with global entrepreneurs and empowering women entrepreneurs to continue to launch outstanding startups.

Other innovative ideas this week included how...

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How to Win the Valuation Game
Resnick Rosalind
4/30/2010
Article Resource
Summary:

With the market for early-stage capital beginning to bounce back, I'm once again fielding calls from entrepreneurs wanting to know how much of their company to give away to investors to raise the money they need to launch their businesses or take them to the next level.

Unfortunately, there's no easy answer to this question. An established business with sales, profits and cash flow may sell for five to 10 times earnings before interest, taxes, depreciation and amortization. But it's a lot harder to put a price tag on an early-stage venture that consists of a business plan, a web site and the founder's hopes and dreams. As a result, negotiations between start-ups and prospective investors often turn into angry arm-wrestling matches that end with both sides walking away empty-handed.

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Angel Investors Close to Deal Removing Curbs From Finance Bill
Mullaney Tim
4/23/2010
Article Resource
Summary:

April 23 (Bloomberg) -- Lobbyists for startup investors say they are close to a deal with Senate staff and state regulators to remove curbs on angel investing from the Senate’s financial reform bill.

The possible compromise would require angel investors, who buy stakes in startups in private offerings, to have a net worth of $1 million, instead of $2.3 million as proposed by the Senate bill, said Marianne Hudson, executive director of the Angel Capital Association in Overland Park, Kansas. It would also scale back plans to let states regulate angel deals, she said.

“We’re close to amendments that are good for entrepreneurs,” said Hudson.

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Entrepreneurship News Roundup: Week of 4/23/2010
Ruhe Thom
4/23/2010
Blog Resource
Summary:

Thinking of starting a business? Make sure to ask yourself these four important entrepreneur questions that will take your company from startup to innovation.

One important element for any new business venture is coming up with a name. But does having an original name really matter?...

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TechTown's New $5M Fund Only a Baby Step for FastTrac Entrepreneurs
Lovy Howard
4/23/2010
Article Resource
Summary:

Don’t get Randal Charlton wrong. The executive director at the TechTown business incubator in Detroit is thankful for a recent announcement of $5 million coming his way to help graduates of his FastTrac business training program launch their companies. But, he says, look at it this way: The money, granted by the New Economy Initiative, a Detroit-area philanthropic partnership, is not being thrown at comfortable entrepreneurs. This is, essentially, aid to the unemployed. And, as such, $5 million barely scratches the surface.

Many of the entrepreneurs to be helped by the First Step Fund, the entity created by NEI’s $5 million investment, are not launching startups because it seems like a promising thing to do. They have nowhere else to go, Charlton says. Their former jobs in the auto industry are gone, never to return. Their choices are to leave the state or try to create their own jobs in Michigan.

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