Make the decision to invest in your company very very easy. Make it easy for someone to understand what your company is, who your market is, why you’re the people to solve the problem. Good investors look at a lot of different deals and have to make fast decisions with little information. The easier you [...]
The genius of niches is they are too small for large competitors, allowing a nimble entrepreneur the breathing room to focus on an underserved audience. Once you’ve succeeded in that niche, you can leverage your success to establish credibility for your business to move into larger markets.
The genius of niches is they are too small for large competitors, allowing a nimble entrepreneur the breathing room to focus on an underserved audience. Once you’ve succeeded in that niche, you can leverage your success to establish credibility for your business to move into larger markets.
Last week, I wrote a post on the New Streak (where I blog for work), on my participation on a panel at the Entrepreneurial Imperative 2010, a conference focused on entrepreneurship and hosted here in Knoxville, TN. I’d highly recommend this conference as it’s one of the biggest groupings of entrepreneurial minded folks I’ve seen in Knoxville. My [...]
Today I’m announcing that Abunga.com, LLC is closing. Eight months ago this probably would have been news, but with today’s economy it’s basically the status quo especially for ecommerce technology startups. The reasons we’re closing would fill a couple pages, but primarily it’s because of money and traction. We ran out of the first before [...]