Crowdfunding is the latest buzz word in entrepreneurial lending. Fundable is a new company that offers “crowdfunding for startup companies”. Crowdfunding occurs when people network through the internet to raise money to support other people’s ideas or...
When a company like Facebook goes IPO, there is a lot of discussion about future potential for income. One area where Facebook may increase revenue is through advertising. Facebook took a big hit this week when GM killed a $10 million advertising campaign deal. GM...
QR codes may offer sales people a new way to advertise. Real estate agents are known to put company and contact information on cars as a form of advertisement. Agents have even begun using QR codes on the “for sale” signs. Interested buyers can scan...
Entrepreneurs face many challenges when creating a new venture. Although the business plan is one of the most well-known documents, the feasibility study may be just as important. Before the entrepreneur can seek funding, he or she must demonstrate that the...
Traditional brick and mortar businesses may become a thing of the past. Today’s modern workplace has embraced the virtual environment. In Managing Innovation by Tidd and Bessant (2009), the authors explained, “virtual organizations are increasingly a feature...
Companies are able to increase global reach through e-commerce (short for electric-commerce). E-commerce occurs when products and/or services are sold over the Internet. Some examples of e-commerce include: Online shopping, electronic payments, online...
Wal-Mart recently inspired an unusual entrepreneurial competition. Inventors could submit product ideas, with the hope of having their product available on the stores’ shelves. Wal-Mart is not the first company to recognize the importance of fostering...
Entrepreneurs often find that one of the hardest parts of realizing their dream is to obtain financing. Some have tried microlending sites like Kiva.org. Others have discovered a new lending platform called Kickstarter. The site’s tagline is “a new way to...
Are entrepreneurs made or born? That is just one of the topics addressed in The Wall Street Journal’s report about Entrepreneurs and the Small Business Administration. The Small Business Administration is one of the first sources my entrepreneurial students...
Today's Ask Dr. Diane Question: I noticed you work for a lot of universities. I’m considering working for several universities as well and I am curious what is your typical day like? Answer: My days vary, based on how many classes I teach. I like to teach between...
Many take for granted the convenience of placing orders online and receiving them at your doorstep right away. This is why running an Amazon business these days can bring you huge profitable opportunities. But most people are doing it wrong, and they end up selling...
You need a thriving mindset if you want to get through disruption and adversity. When you have a fresh new idea, embrace it. Turn adversity into opportunity. Companies like Kodak resisted technological change because of their fear of innovation, and look where that...
There are two things in a company, be it a startup or an established business, needs to survive and thrive. They need the vision to innovate and great leadership. In this episode, Dr. Diane Hamilton gets into a conversation with Stanford University Lecturer and...
The entire world is going through two pandemics: one is biological, and the other is occupational. A burnout epidemic hit most industries exponentially in the last couple of years. However, the drastic shift also accelerated the need to address these issues. Today’s...
Emotional intelligence and empathy are two things we often forget in today’s fast-paced world, yet these remain important not just in our personal lives, but in our professional lives as well. In this episode, Dr. Dianne Hamilton talks to business strategist,...