Passive income is highly sought after these days especially by defensive entrepreneurs in their moonlighting side gigs. The question on many people's minds is what is the ideal passive income?
I don't intend to tell you the "best" passive incomes sources in this post, rather I intend to share with you some of the characteristics to look for . . .
Passive income is ideal when it:
Involves the customers coming back for more of the product or service
Stimulates people to tell friends...Read Full Story
In one my past posts, I discussed Wealth Creation and "Assets" . Today, I will be discussing passive or residual income.
What is passive or residual income? It's income that comes from assets you own or create that pays you long your initial investment of time or money. It is really about leverage and multiplying yourself. Working once and being paid over and over.
A business can produce passive or residual income if you can let it stand on its own and you can create a replicateable...Read Full Story
It can be dizzying trying to keep up with all the new startups coming out of Silicon Valley.
Founders of 500 Startups, Dave McClure and Christine Tsai, introduced dozens of companies from its incubation project to various venture capitalists in the Bay Area and it was quite a diverse group Wednesday and Thursday this week.
The latest batch of 500 Startups will continue to pitch to venture capitalists here in the Bay Area and New York this week and in coming days.
I got a chance to...Read Full Story
It can be dizzying trying to keep up with all the new startups coming out of Silicon Valley.
Founders of 500 Startups, Dave McClure and Christine Tsai, introduced dozens of companies from its incubation project to various venture capitalists in the Bay Area and it was quite a diverse group Wednesday and Thursday this week.
The latest batch of 500 Startups will continue to pitch to venture capitalists here in the Bay Area and New York this week and in coming days.
I got a chance to...Read Full Story
Not understanding and agreeing what “Entrepreneur” and “Startup” mean can sink an entire country’s entrepreneurial ecosystem.
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I’m getting ready to go overseas to teach , and I’ve spent the last week reviewing several countries’ ambitious attempts to kick-start entrepreneurship. After poring through stacks of reports, white papers and position papers, I’ve come to a couple of conclusions.
1) They sure killed a ton of trees
2) With one noticeable exception, governmental...Read Full Story
MARSHALL, Mo., Aug. 3, 2011 (SEND2PRESS NEWSWIRE) — The Missouri Alliance for the Development of Entrepreneurship announced today that seven regional winners will be moving forward as finalists in the 2011 MADE In Missouri State Entrepreneurship Competition, an event that will highlight new and aspiring businesses through a competitive and educational business development process.
The Competition provides new and potential business owners in Missouri an opportunity to put their business...Read Full Story
Few women try to run their own high-growth companies. That deficit is limiting the recovery’s potential, says the Kauffman Foundation’s Lesa Mitchell
Women represent only 35 percent of startup owners in the U.S., even though 50 percent of college students and 46 percent of the U.S. workforce is female. Women’s startup businesses also “tend to experience less growth and prosperity than do firms started by men,” according to a paper released this week by the Ewing Marion Kauffman Foundation...Read Full Story
Eliminating capital gains taxes on investments in startups should help these companies raise more money. But how much? The Kauffman Foundation has an answer: an additional $7.5 billion over 10 years.
That’s according to an analysis conducted by the Kansas City-based foundation, which specializes in entrepreneurship. The study is timely because pending legislation in Congress, which is backed by President Barack Obama, would permanently...
The Kauffman Foundation issued a “Startup Act for the States” report, shifting its focus from how the federal government can boost entrepreneurship to what state and local governments can do to nurture new businesses. Benno Schmidt, the ...
Fresh out of college and bursting with ideas, young IT professionals in Kerala are walking out on cushy blue collar jobs and taking the plunge to start their own businesses. Over two dozen startups have sprung up in the state over the last two years.
TOKYO - For an emerging generation of Japanese innovators, the dream isn't a job for life at a big company. They have new ambitions, and they're determined to go places. Especially Silicon Valley. Small but growing numbers of Japanese entrepreneurs are jumping into the startup scene in northern Cali
Harper Lei, of Swampscott/Boston, "is an eco-friendly fashion apparel line created ... Most startups showcasing at the event are either at the stage of having a defined business (and are working to research their industry and business model), or have ...
Silicon Valley investors have been going to Israel for decades to take advantage of its pool of hardcore tech entrepreneurs. But a new generation of consumer-focused companies has been emerging in the country over the last few years -- and they're facing a few challenges. One is that the local market is relatively small, which means that it can be harder for them to design and iterate products for mainstream users in large markets elsewhere...
Though Silicon Valley has lured away plenty of start-ups, (cough: Facebook), New York is becoming a magnet of its own, attracting companies that want to build their businesses amid the bright lights of the big city. In the last couple months, New York has ...
To start or not to start. All of us have ideas, what is required is the help to validate and create a structure around the ideas. This portal should be a place to create a community around every aspect of entrepreneurship.