If your company is in trouble, the first reaction you have might hurt your business more than you would expect. No one wants to have to deal with a crisis, and that anxiety may leave you unprepared. When you make a quick judgment and use one of these three common responses, it can have damaging […]
3 Knee-Jerk Crisis Reactions That Destroy Your Chances Of Recovery Read More »
Small businesses and start-ups are the backbone of our economy. So why do they fail so often? For many, the answer is lack of long-term planning. Devin Lemoine and Eddie Gibbons, Ph. D., of Success Labs, a Baton Rouge-based management consulting firm, delivered an interactive presentation about strategic planning at a recent Tech Park Academy.
How to Plan Long Term In 5-Minute Intervals Read More »
For Louisiana entrepreneurs, there is an assortment of resources that you can use to grow your businesses. But you have to know where to look. Most of the available resources are free and easily accessible on the Web. If you are in the Pelican state, check out some of these Louisiana entrepreneurship resources: Resource #1:
The Best Free Louisiana Entrepreneur Resources Read More »
Securing funding is one of the largest initial challenges you’ll face as an entrepreneur of a pre-revenue business. But if you know what your potential funders are looking for, your odds of success are drastically increased. Recently, we asked Jimmy Roussel, Entrepreneur in Residence at the New Orleans Start-up Fund, for his perspective. The New Orleans
How to Find Funding For Pre-Revenue Businesses Read More »
There are many college classes discussing whether entrepreneurs are born or if they a product of their environment. I personally think that it is different personal ingredients that make an entrepreneur, but that’s beside the point and a topic for another day. However, in my experience there seem to be five things that every entrepreneur
5 Things Every Entrepreneur Should Have Read More »
As an entrepreneur, you are primarily a problem solver. People don’t buy your products; they buy your solutions. Yet many entrepreneurs don’t focus on the customer’s problem when selling. Instead, they fixate on their own product and how great it is. This is backwards, says Michael Miller and Margaret Fowler of Rise UpSelling. Yesterday, Louisiana Technology
4 Problem-Focused Sales Questions that Close Deals Read More »
Most entrepreneurs are their business’s top sales person. If your company isn’t making sales, then you need to be able to step in and become a rainmaker. This is one reason why volumes of books and articles have been written on the topic of selling. If you’re looking to build sales skills for entrepreneurs, here
What We’re Reading – Sales Skills For Entrepreneurs Edition Read More »
What was your last entrepreneurial mistake? Screwing up is fine—it comes with the territory—but that doesn’t mean you shouldn’t be careful. Out of inexperience, stubbornness, or hubris, there are three mistakes that entrepreneurs seem to make over and over. WATCH OUT FOR THESE: Mistake #1: Over-Focusing on the Product Since day one, you have probably
3 Easily Avoidable Mistakes Startup Founders Make Read More »
Start-up culture is a powerful weapon. With the right culture in place, you as an entrepreneur can motivate your employees in a way that even the largest companies can’t. Make sure you’re making the most out of your start-up culture advantage with these five tips: Tip #1: Empower Your Employees Helping your employees grow
5 Tips to Supercharging Your Start-Up Culture Read More »
As someone who works closely with nearly 30 businesses at the Tech Park, I am often asked by outsiders how one of these specific companies is doing. I’ve learned over the years that this is a difficult question because the companies change depending on the time of year, month or even day. But the more
How’s Your Company Doing? Walk the Halls to Find Out Read More »
