Here’s our weekly link roundup of small business buzz, musings and muchness. A curation of the best small business talk around the web.
Can Crowdfunding Solve the Startup Capital Gap?
No matter what industry it’s in or what product it’s selling, the absolute best way for a startup to obtain the capital it needs to grow is to generate revenue and reinvest profits. Of course, it’s easy to say that and very hard to do it. That’s why many entrepreneurs turn to friends and family for funding. (Harvard Business Review)
Post Penguin 2.0 Local SEO Strategies for Small Business
It is now official that Google has launched Penguin 2.0 on May 22. Penguin 2.0 is a much “deeper” algorithmic update with increased focus on flushing out sites that were benefited from link spam. It also promises that more sites will be positively impacted by this than by its predecessor, which was launched in 2012. That update kept the websites with unnatural links in check. (SEJ)
Entrepreneurs Want VCs Friendly but Not Too Hands-On, Study Says
Venture capitalists like to describe themselves as “hands-on” when it comes to portfolio companies, but that’s not what entrepreneurs want to hear. While 22% of venture firm representatives said “hands-on” is a phrase that best described their firm, only 1% of entrepreneurs thought that was an important quality when evaluating a VC firm, according to a survey released Tuesday by the National Venture Capital Association. (Wall Street Journal)
5 Ways Entrepreneurs Can Rock Their Body Language
Entrepreneurs face many body language challenges while starting their business. Unlike most people in business, entrepreneurs are doing the job of 10 people. They need to understand the body language for human resources professionals, for managers, for secretaries, for receptionists, for marketing, for sales… the list goes on and on. (The Huffington Post)
Why Startups Have Such Stupid Names
Somewhere along the way the Internet got crowded. As the Wall Street Journal reports, there are about 252 million domain names registered across the web–meaning that any sort of sensibly titled web real estate has long been occupied. To wit, the rights to investing.com got sold for $2.5 million last year. (Fast Company)
7 Reasons Startups are for the Young and Positive
To be an entrepreneur, you have to navigate lots of unknowns, and the path is fraught with risk. Once you are past a certain mental age, you know too many of the things that can go wrong, so you never start. Sort of like the old saying that if we didn’t have young men to fight our wars, we could achieve world peace in no time. (Business Insider)
Ten traits entrepreneurs and Einstein have in common
“You’re no Einstein.” How many times have you heard that in your life? When people have compared you to the great thinker, has it been in the spirit of sarcasm–Nice one, Einstein? Albert Einstein has become the benchmark by which everyone measures intellect, though few understand what made the man tick. (Globe and Mail)
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