14 Steve Jobs Quotes That Offered Great Advice For Entrepreneurs
14 Steve Jobs Quotes That Offered Great Advice For Entrepreneurs.
He lead several companies, most notably Apple, which revolutionized personal computers, communications, and both the music and film industries.
Plus, man, could Jobs talk.
When people talk about how chief executives need communication skills, Jobs should be Exhibit A.
Just Google “Steve Jobs” and you can spend a day reading interviews or watching videos of his many speeches.
Of course, his quotes are everywhere, too.
If your business is far from cutting-edge technology – maybe you run a cupcake bakery or an internet marketing company – that doesn’t mean that Jobs’ experiences and lessons don’t apply.
We can’t all be William Shakespeare or Vince Lombardi, either, but that doesn’t stop people from drawing lessons from what they had to say.
Plus, with the well-received “Steve Jobs” film hitting cable, he is back on the minds of many people.
And a whole new generation of young people are getting exposed to his story.
The Paperwork You Must Complete for a Friends or Family Business Loan
Too frequently, business owners fail to take the time to figure out exactly what kind of paperwork they should complete when they borrow from family or friends.
Most important, says Mike McKeever, author of How to Write a Business Plan: “Outline the legal responsibilities of both parties and when and how the money should be paid back.” If your loan agreement is complex, it’s a good idea to consult your accountant about the best ways to structure the loan.
Putting the agreement on paper also protects both you and your lender come tax time.
If the IRS views it as a gift because there was no intention to repay it, then the lender becomes subject to the federal gift tax rules and will have to pay taxes on any amount in excess of $14,000.
If your friend or family member wants to give you a no-interest loan, make sure the loan is less than $100,000.
That means that while your friend or relative may not be receiving any interest on the money you borrowed, the IRS will tax them as if they were.
To determine the interest rate on these transactions, the IRS uses what it calls the Applicable Federal Rate (AFR), which changes monthly.
Keep in mind that if you don’t put all the details of the loan in writing, it will be very difficult for you to deduct the interest you pay on it.
This effectively makes the transaction an investment in your company and also makes it easier from a tax standpoint for your friend or relative to write off the transaction as an ordinary loss if the business fails.
If the loan that can’t be repaid is a business loan, however, the lender receives a deduction against ordinary income and can take deductions even before the loan becomes totally worthless.
No More Bad Hair Days With This Smart Hairbrush
Shampoos, conditioners, treatments, oils, primers — you name it.
Hundreds, if not thousands, of dollars have been spent in pursuit of luscious, flowing locks.
L’Oreal, Kerastase and Withings are looking to change that with the Kerastase Hair Coach Powered by Withings, announced today at CES.
A smart brush, of course.
It works via a microphone, 3-axis load cells, an accelerometer, gyroscope and conductivity sensors.
These sensors can apparently determine if you have split ends, how hard you’re brushing, notify you if you’re brushing too hard and identify if your hair is wet or dry.
The app also lets you factor in things like humidity, temperature, UV and wind conditions, on top of giving tips and recommendations.
If you already have great hair, Withings also has a new smart HD security camera, Home Plus, which “can be used to keep an eye on your home, receive notifications in case of unusual noise or movement, monitor indoor pollution or watch your baby with advanced baby monitoring features,” the company says.
Stream content to your phone via the iOS or Android app; it’s also compatible with Apple HomeKit.
Look for it this quarter for $199.
6 Ways Mobile Apps Can Benefit Events
Global brands such as Cirque Du Soleil, Coachella Music Festival and SXSW to name just a few.
With mobile marketing, you can create an experience equal to that of the global names in events.
Help build event buzz Before your event even starts your app can do some heavy lifting by getting your audience excited about it.
A mobile event app is a terrific opportunity to allow people to choose and save their favorites and research the opportunities being offered at the event they’re attending.
If your attendees want to network but find the opportunities to do so are limited, then you aren’t delivering the user experience they’re looking for.
For example, SXSW offers a directory of attendees and has a social network for the event itself.
Keep the relationship going Even after your event, the attendee’s relationship can continue through the mobile event app.
Creating an app that works with the needs and desires of the attendee base can enhance the user experience before, during and after the event.
It gives events the opportunity to build buzz, helps attendees plan their event experience and deliver the opportunity to up-sell or encourage repeat ticket sales.
Too often an app is considered the ‘gloss’ on an event, but it has real potential to deliver exclusive content and enhance an event’s relationship with its customer base.
Currency trading firm shelves IPO plans, citing FCA spreadbetting crackdown
Currency trading firm shelves IPO plans, citing FCA spreadbetting crackdown.
FxPro is a former sponsor of Fulham Football Club (Source: Getty) A currency trading broker has shelved plans for a stock market flotation, citing uncertainty caused by a City watchdog probe into spreadbetting.
FxPro began lining up an initial public offering (IPO) in 2015, but reportedly put the plans on hold last year.
The flotation plans have now been shelved again amid a Financial Conduct Authority (FCA) crackdown on the spreadbetting industry.
“The FCA consultation paper, published last month, has naturally put a spotlight on the retail trading industry and created a more uncertain regulatory backdrop,” said FxPro in a statement.
“That is evident for all to see in the valuations of firms with a strong exposure to the UK market place.
As such, it makes sense for us to wait until the UK regulatory environment is clearer before deciding on our future plans.” Sky News first reported that FxPro has informed a number of prospective non-executive directors that their appointments will not take place because the company is planning to remain private.
Credit Suisse and Morgan Stanley had been appointed to oversee the float.
The FCA last month revealed plans for stricter rules for firms selling “contract for difference” (CFD) products such as spreadbets for retail customers.
Spreadbetting firms’ shares were badly hit, and CMC Markets is considering moving its headquarters away from London if the FCA pushes ahead with the clampdown.
Sparkling plan: Private equity owner of jewellery company Aurum considering stock market float as well as sale
Sparkling plan: Private equity owner of jewellery company Aurum considering stock market float as well as sale.
Apollo acquired Aurum Holdings for a reported £180m in 2012 (Source: Getty) The London Stock Exchange could be be set for another jewel in its crown.
The private equity owner of high-class jeweller Aurum Holdings, which is behind high street chain Goldsmiths, is considering options for floating the company.
Apollo Global Management, which acquired the firm for a reported £180m in 2012, has appointed Jefferies bankers to explore a sale.
And City A.M. has learned Aurum could also be in line for an initial public offering (IPO).
Read more: Watch this space: UK jewellery chains put up for sale Aurum has more than 2,000 staff across the UK and around 140 stores.
Aurum is also understood to have benefited from the Brexit vote and the falling value of the pound, with more tourists flocking to the UK and shopping in its stores.
Read more: Jeweller Tiffany & Co polishes up a surprise rise in profit as sales slide “[We have] an open mind to what would be the best way for this business to move,” Duffy told City A.M. “We’ve been owned by Apollo now for over four years, they’ve been great as a supportive shareholder.
“Inevitably, a private equity group, after four years of good performance, they would look to assess what the value was, what the market appetite would be.
And they are taking advice on what interest there would be from public investor groups versus privates.”
America’s Roster of Public Companies Is Shrinking Before Our Eyes
Last March, LoanCore raised $1 billion from two sovereign-wealth funds.
There were just 26 U.S.-listed technology IPOs last year, raising $4.3 billion, according to Dealogic.
Meanwhile, private U.S. tech companies tapped the late-stage funding market 809 times last year, raising $19 billion, Dow Jones VentureSource’s data show.
Airbnb Inc.’s recent $850 million funding round, which valued the home-rental company at $30 billion, enabled employees to sell $200 million of stock.
Company departures from public markets have left fund managers with fewer investment options.
But he also wants his investors and employees to be able to sell shares with ease, which the public market allows.
Assets under management at U.S. private-equity firms totaled $1.4 trillion, an increase of more than 30% since 2007 and nearly four times the tally in 2000, according to the most recent data from PitchBook, a data provider and research unit of Morningstar Inc. Last year, 111 companies went public on U.S. exchanges, raising $24.2 billion, a dollar-volume drop of 33% from the previous year and the lowest dollar volume since 2003, according to Dealogic.
Since 2009, the number of U.S.-listed IPOs has hovered at fewer than 200 a year, on a 10-year rolling average, well below what it was in the previous decade, according to Dealogic data.
The average public company is more than three times as large as it was in 1997, after adjusting for inflation.
The inflation-adjusted total capitalization of the U.S. public market has been hovering near its peak.
How Much Time Should You Spend Networking?
How Much Time Should You Spend Networking?.
In this video, Entrepreneur Network partner Ivan Misner discusses how much time you should spend networking.
Misner says he believes that the secret to getting more business through networking is spending more time on it.
He cites a recent survey, which reveals that people who claimed networking played a large part in their business’s success devoted at least six and a half hours per week to the task.
As the saying goes, you reap what you sow.
In addition, building relationships — rather than business transactions — is a key factor to success, Misner explains.
To learn more, click play.
Watch more videos from Ivan Misner on his YouTube channel here.
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Don’t Let Your ‘Senior Citizen’ Status Kill Your Entrepreneurial Spirit
Unlike young entrepreneurs, you have loads of life and business experience on your side.
All these people form a potential network of people you can get in contact with to build your standing as an entrepreneur.
Unlike you, they have to spend substantial time socializing at events to order to become known.
Young entrepreneurs face a great strain in this area, as it is extremely difficult to raise money to invest in their business.
When you join that with your “wealth” of experience, you’ll be in a better position to grow a profitable business that will yield you a high return on investment.
Being passionate about what you are doing and what you want to offer to the world is the drive you need to make sure that you succeed as an entrepreneur.
Being young has little or nothing to do with being an entrepreneur.
Over the years you have been developing certain skills that helped you through problems that you were facing.
Unlike young entrepreneurs, you don’t need to spend as much time and energy to master basic skills that will help you as an entrepreneur.
That is the foundation of every business, because where there’s a problem, there’s a potential business.
Does Appearing at CES Actually Pay Off?
Whether you run a young company or an established consumer brand, there are many advantages to appearing at CES.
However, the costs of attending CES can be difficult for many companies to justify.
The cost of appearing at CES Exhibiting at any trade show takes an investment of time, labor, money, opportunity or any other number of resources.
CES is no different.
The standard booth size for a traditional exhibitor is 10 by 10, which puts average booth space between $3,800 to $4,300.
Networking with potential partners, clients, investors and media is one of the biggest advantages to appearing at CES.
He said networking is one of the biggest reasons his company attends CES.
Saekel said his team were able to generate a lot of buzz and some leads, but if they had final product samples, they would have seen a much higher return from the event.
Investors, potential partners and media contacts are meeting hundreds of people at the event, so try to make yourself stand out in your follow-ups.
Maybe your product got featured on Mashable, TechCrunch or any of the other thousands of media publications at the event.
Nothing Matters at CES 2017 Without the Smartphone
Nothing Matters at CES 2017 Without the Smartphone.
These days, most of my work is done on my smartphone or tablet.
While I’m there, there are a few trends I’m expecting to see, and another handful I’m hoping to see.
They’re all centered around mobile, which I suspect will be dominating the event: More innovations in augmented reality (AR).
AR is connected closely to mobile, as we saw in 2016 when Pokemon Go launched.
Media companies are experimenting with VR within their apps.
This trend toward connected devices will drive AI to become more consumer-friendly and helpful.
Publishers will have access to more, and higher quality, data on what’s resonating to drive better experiences with videos and other content formats.
With Facebook is already onboard as a point of distribution for this rich experience, I think this will be the year ad tech companies and publishers pick up on it.
I’m excited to see these new and emerging technologies on display in Las Vegas at CES.
Orlando’s tech startup community seeks new energy
Orlando’s tech startup community seeks new energy.
OS library-online-learning0118.JPG Key figures in Central Florida’s tech community share hopes that the new director of Orlando Tech Association can quickly revive momentum for the startup scene. “It hasn’t necessarily gotten us to where we want to be, but that takes time,” Richard Licursi of the investment group VenVelo said of the Orlando Tech Association. “Their goal should not be to organize or manage the startup community,” said Feld, of Boulder, Colo. “The leaders have to be the entrepreneurs.
Community organizations should be inclusive of all the other activities going on in the startup community, he added.
The Canvs coworking space opened; the Orlando Tech Association got city funding; and a new seed money fund, FireSpring, started raising money.
But some of that momentum cooled in 2016, as OTA spent nearly five months searching for a new executive director. “You can’t be all things to all people,” Licursi said.
The affiliated FireSpring Fund is trying to raise $5 million within five years for investment in local businesses.
He worked previously for the Austin Chamber of Commerce.
You’ll Never Guess Where VR Headsets Will Soon Be
After the technology had been in the fringes for years, it’s now on its way to disrupting every kind of media out there, from gaming, video and news.
With the three biggest headsets only on the market for less than a year, it truly is the beginning for VR — and the possibilities are virtually endless.
Related: How Virtual Reality Will Change Storytelling and Marketing in the Next Decade To get a pulse on the biggest trends and to see where VR is headed in the immediate future, we reached out to Jenna Seiden, head of content acquisition and partnerships for HTC Vive.
What’s surprised you in the past year in the VR field?
We regularly meet with people from major VC firms, established entrepreneurs and major corporations who are exploring VR applications.
From a content perspective, one category to look at is entertainment and narrative storytelling in VR.
With the Vive, I think we’ll see a lot more exploration of our front-facing camera for augmented reality applications.
How will it meet those challenges?
One of the biggest goals is to grow the audience for VR, and that goes for everyone invested in this space — from developers to device manufacturers.
Right now Vive has the biggest library of VR content, including non-gaming apps on Viveport (our non-gaming VR store) that let people create, explore, connect and experience a broad range of content through virtual reality.
Here’s the Perfect Email Template to Land a Job Interview
Here’s the Perfect Email Template to Land a Job Interview.
For many entrepreneurs, pitching a stranger for a consulting gig or job interview is intimidating.
What exactly do you write?
What if you say the wrong thing and waste your one opportunity to make a good impression?
Sending that perfect pitch email can be intimidating.
At GrowthLab.com, where entrepreneurs go to launch and grow their businesses, we’ve seen hundreds of entrepreneurs face the same issue.
They try to “cover all the bases” so they ramble or overshare (e.g. “I’m a marketing ninja and author with 10 years’ experience who’s passionate about sustainable energy and meditation.”) To help you, here’s a bulletproof email script that every entrepreneur can use to pitch for a gig or interview.
Notice how it’s short and sweet — essential when offering your service to someone who didn’t know she needed them.
Also, the next steps are specific, so it’s easy for her to respond.
Check out the email script below.
7 New Year’s Resolutions to Make 2017 Great
7 New Year’s Resolutions to Make 2017 Great.
The New Year is upon us, and there is no better time to start making the resolutions that are going to change your life and change yourself in the year 2017.
Really get in touch with your body and your inner being with new age workouts that focus on the mind-body connection.
You should never reach a point in your life where you feel like you are done learning.
Start donating your time and money to help others.
When I started my charity it showed me just how great of a feeling it is to give back to those in need and to change the lives of people who really need a little extra help.
Life is not just about making money.
Spend some of your free time on YouTube learning about places around the world that may interest you and make a plan to actually go there in real life.
Use this social media reach to grow your contacts.
No matter what area of your life, you should always be challenging yourself and pushing yourself to do better, no matter how successful you are.
IIT-B startup initiative: Get Rs 15 lakh and mentors on board for ‘A Tryst with Tomorrow’
IIT-B startup initiative: Get Rs 15 lakh and mentors on board for ‘A Tryst with Tomorrow’.
The IIT Entrepreneurship Summit 2016 is holding its third edition this year.
The E-Cell, IIT Bombay ‘s ‘The Ten Minute Million’, will be held on 28 – 29 January at the E-Summit of IIT Bombay.
The theme for this year is ‘A Tryst with Tomorrow’.
Speakers and participants from numerous countries and genres will be attending the event.
A first of its kind event in India, which premiered at E-Summit 2015, it involves 10 shortlisted startups pitch for 10 minutes in front of the investor panel and get an on-spot funding commitment for Rs 1.5 million or Rs 15 lakhs.
Right from the entrepreneurs, to the investors to the audience, this is an absolutely outstanding response”, said Ajit Khurana, one of the investor panelists and Ex-CEO of SINE, IIT Bombay.
The past Investor panel consisted of angel investors like Ajeet Khurana, Anupam Mittal, Samir Shah, Sanjay Mehta and Aniruddh Malpani.
The finalists will be declared shortly after.
First Published On : Jan 4, 2017 10:43 IST
France’s digital minister delivers a progress report from CES on efforts to build a startup nation
France’s digital minister delivers a progress report from CES on efforts to build a startup nation.
Q: ‘La French Tech’ program is three years old.
So this is a challenge for the French Tech initiative to address: Very soon we will be launching a specific program aimed at supporting and promoting diversity in entrepreneurial ecosystems.
Venture capital investment have doubled between 2014 and 2015, from €900 million to€1.8 billion.
Indeed, startups are now leading the innovation and transforming the entire economy in France.
But when you look at the increasing numbers of big French companies coming to the CES this year in order to develop partnerships in an international tech environment, it’s clearly a sign that not only startups but the whole country’s economy is now embracing the digital age.
Sigfox which raised €150 million this year, the biggest round of funding this year in France, is actually based in Toulouse in the south of France.
But through the French tech initiative we have also encouraged from the start development of innovative ecosystems outside of the capital, with some success.
A: This fund, launched by the French and German Ministers of Economy during the German French Digital Conference last month, is an answer to the lack of late stage venture capital faced by European startups.
And it is not driven directly by Government, but by entrepreneurs, with Government in support.
These Are The Startups You Should Watch In 2017
These Are The Startups You Should Watch In 2017.
Snap will most likely be the highlight but as the big boys go bigger, the small guys are still slogging away trying to change the world.
In a sea of new startups and increased funding activity, these are my picks for big things in 2017 and 2018: 1) Real-time Smartphone Webcams by Look App When I read the description for this app I finally saw a future I had imagined for many years.
Essentially, Look enables you to utilise someone’s smartphone if they are near the place you want to see (and they are part of the network).
I met the CEO out at Slush and I think there’s real potential, especially considering the year the media is about to go through and the recent CNN/Beme acquisition.
Look out for a deep dive on LLM from me over at Reuters very soon.
2) Walkie-Talkie Messaging by Marco Polo Snapchat, Facebook and others all have messaging offerings but none really started out with voice, Marco Polo did.
SOURCE: Shyp.com 4) Easy shipping by Even though there is limited coverage at the moment, Shyp has a lot of potential.
WHY IT’LL SUCCEED: People hate shipping, aren’t brand loyal and the industry is ripe for disruption.
Metromile has snagged around $200 million in funding so far and 2017 will be a big year for them thanks to WHY IT’LL SUCCEED: Insurance is an industry nobody likes and many resent paying for (until they need it), evolution rather than revolution (often much easier to gain traction with) and it fixes the biggest issue – getting better info to make better risk predictions.