A recent entrepreneurship study showed that crowdfunding could be an important resource for female entrepreneurs. The research, conducted by Kauffman and the Hebrew University of Jerusalem, claims that women account for 44 percent of investors on Kickstarter, a popular crowdfunding website. Comparatively, female entrepreneurs only received 2.7 percent of venture funding between 2011 and 2013. Continue reading “Recent Study Shows that Crowdfunding Could Eliminate Gender Inequality in Entrepreneurship”
Age bias is alive and well in the entrepreneurial community, but the latest research is proving that baby boomers are still making significant contributions to the start-up world. It seems ideas don’t die with age, but mature with a mix of knowledge and experience. Continue reading “Baby Boomers Prove Entrepreneurial Age Bias is Unfounded”
The demographic make up of the United States continues to evolve. The 2010 census found 49 percent of Americans consider themselves part of some minority group. The demographics of entrepreneurs also evolve and franchising has seen an uptick in minority group ownership. Consider the following entrepreneurship data and study summaries. Continue reading “Franchising Increasing for Entrepreneurial Minded Minorities”
Entrepreneurs are being handed free public data by the government in an effort to improve transparency, engage the community, and spark entrepreneurial growth. Public information that has not been open to the general public in the past is now being posted online by federal agencies. The posted data ranges from a cities list of back taxes on properties to all of the fishing and hunting areas. Entrepreneurs are then taking this information and turning it into cash. The open data programs are finally gaining steam and business is booming for entrepreneurs across the country. Continue reading “Cities Open Data Programs Mean Entrepreneurial Growth”
Look – just because government hasn’t done an awesome job on some things doesn’t mean I believe we should move to privatize everything. But I absolutely believe that employing some lessons from entrepreneurship and the input and implementation strategies of real entrepreneurs could be of tremendous value – and not just for government, but for grocery stores, and banks, and airlines and any other company that has gotten a little too big for its britches. That is why I was super excited to hear about some legislative efforts to include entrepreneurs at the local and federal levels of government. Continue reading “Entrepreneur In Residence Programs – Could Colorado’s Government Be Next?”
Though the number of men and women in the United States is pretty even (actually, from the last U.S. Census, women hold a 7 million person advantage), men start many more new businesses than women every year. In fact men own 70% of all businesses in the United States. But even though there are more male entrepreneurs than female, three universities are working hard to close that undeniable gender gap. Continue reading “Research Highlights Top 3 Universities Producing Female Entrepreneurs”
Ever since I wrote my Master’s Thesis on U.S. Baby Boomer expats leaving the states in search of something better (i.e. better economics or better community), I’ve had in the back of my mind the idea that I had a role to play in inspiring baby boomer entrepreneurship. So today I’ve started to launch a few social media marketing programs with the hope of building a like minded community of entrepreneurial baby boomers. If that sounds up your alley, click on over to Facebook.com/norocker and join our growing group. Our mission is to empower Baby Boomers with the knowledge they need to successfully launch their entrepreneurial pursuits.
An outstanding learning and networking event for new entrepreneurs! MSUD CFI Professor of Entrepreneurship Travis Luther is hosting an online learning event with Google at his company’s (http://www.lawfather.net) Greenwood Village, CO office in the Denver Tech Center. If you believe the internet might be a way you will find and connect with customers, this FREE event should be of significant interest to you. More Details are available here: http://www.lawfather.
The feasibility of your business idea will be greatly increased when you have a solid plan for funding it. Funding can come in the form of real cash, credit, or sweat equity. We will talk more about funding your business (and doing so with cash, credit, loans, investments, or sweat equity) later in the text, but for now we will stay focused on your very first round of funding and the very first data set required for your brand new feasibility study: your own personal finances.