More powerfully, the ability to act without full information can be a strength when you want to start a business.
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And it ordinarily doesn't hurt to come from money or an entrepreneurial family either, especially when you're trying to start a business.
More important are the myriad obstacles that entrepreneurs face when trying to start and build a business.
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In 2003, when I was looking to start my next business, I came onto this idea of community shared knowledge.
You have to be able to jump out of bed and be excited every morning when you start a business or a job, if you are going to be successful.
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When we quit a good paying job to start a business we anticipate that owning our own business will mean more fun and more money.
Which gets me back to my original point: If you are doing a good job building and maintaining your following on Facebook, and you keep the interesting content flowing, the expansion of the Graph Search function should naturally start to present your business when the search keywords and phrases apply to what you sell.
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Ashutosh sees Boston enjoying an advantage over Silicon Valley when it comes to building start-ups that sell technology to business and government.
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Mr. Kumar: When I joined the company, my job was to start the international business.
His family thought he had gone to Portugal to start a business, but reported him missing when they could not contact him.
When Todd McKinnon tried to get funding for his business-oriented tech start-up in 2009, he says many potential investors wouldn't even return his calls.
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But, as we said, thinking of something unique is what most people start pondering when they begin looking for a product to launch them into business.
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I'm skeptical, however, when start-ups get too trendy or want to raise too much money before the business is proven.
Knowing how to apply accounting principles to personal finance is really helpful once you get older, since you can use that experience when estimating things like retirement, monthly expenses, investments, trying to start your own small business, etc.
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Change occurs when people have opportunities to learn, acquire skills, build assets, deploy capital to start a business, and create social networks.
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All the while, D'Amelio was making tough choices about Lucent's business as he tried to figure out when the company's customers would start buying telecom equipment again, and he cut its staff by 75% to 30, 000.
When it comes to the SVSC, Holleran helps by providing capital and marketing expertise to business freemium start-ups.
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When it comes to reducing carbon emissions by coporations, does it make the most business sense to start from within by reducing emissions internally, or to outsource the effort by purchasing carbon offsets?
When a start-up opens for business on the first day, it could sell its product to anyone.
When you listen to those disparate voices, you start to see patterns: patterns of need, patterns of business problems.
While New Orleans is on par as far as funding goes, many new business owners continue to ask where the money is in Louisiana and when New Orleans will start to see the type of investors that are found in Silicon Valley.
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I've been in this business enough to see things come and go, and you start to realize when something like this comes along, when a group of musicians like this come together to form a unit like this, I'm just trying to appreciate every moment of it because you know it's not going to last forever.
My friend, the late Ron Morris (founder of The American Entrepreneur radio show) often told me that when he was considering whether to invest in a start-up, he would look at three things: the business model, the quality of the entrepreneur himself, and the external market.
So when PeopleSoft was acquired and a lot of his employees were out of work, he decided to start something new with a business associate called, Workday.
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