Category Archive:Business & Corporate

ByCarolyn Keane

Early Stage Capital For Entrepreneurs

WHEN:
March 30, 2017 @ 6:00 pm – 9:00 pm
WHERE:
Venture Hive
1010 NE 2nd Ave
Miami, FL 33132
USA

Most high growth start-ups are fueled by capital – product development, staffing, go-to market. There are many avenues for raising capital and an increasing number of unique investment models available for entrepreneurs to pursue.
Listen to a panel discussion featuring 4 professional investors in early stage businesses. Hear what models they use to invest in, support, and help grow the companies they work with. What financing models and structures are available to entrepreneurs? What criteria to does each investor look for in transaction? What are the best ways to engage with sources of outside capital?

Seating will be limited to 70, so please register early to reserve your spot. Agenda as follows:

  • 6-7pm: Networking
  • 7-8:30pm: Panel discussion/program
    • 7-8pm: Moderator questions for the panel
    • 8-8:30pm: Q&A from the audience
  • 8:30-9pm: Networking
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ByCarolyn Keane

National Inventors Hall of Fame 2017 Inductees


ALEXANDRIA, Va., Jan. 26, 2017 /PRNewswire/ — The National Inventors Hall of Fame, in partnership with the United States Patent and Trademark Office (USPTO), is pleased to announce the 2017 class of Inductees, all of whom have contributed to society in meaningful ways through their groundbreaking, patented innovations.

For full biographies on each Inductee, visit: http://www.invent.org/honor/inductees/

 

http://www.prnewswire.com/news-releases/the-national-inventors-hall-of-fame-announces-2017-inductees-300397469.html

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ByCarolyn Keane

10 Tools for Content Marketing on WordPress by Palm Beach Content Co

You’ve decided to use your WordPress site and get serious about a content strategy. That’s great, but where do you start?

Assuming you already have an idea for your content marketing strategy, this post is going to go through some tools for WordPress users. Some of these are web apps, some are just tips, and some are WordPress plugins to help you along your content marketing journey. For the WordPress plugins, I have listed only free plugins.

Content is king, and WordPress is king of online content. Are you ready to step up your content marketing game?

 

https://www.palmbeachcontentco.com/blog/2017/1/4/ten-tools-for-wordpress

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ByCarolyn Keane

Daymond John: ‘Real entrepreneurs’ will thrive under Trump, despite uncertainty

Daymond John, star of ABC’s hit show “Shark Tank” and entrepreneur behind the $6 billion urban street-wear brand FUBU, says that while a lot is changing in America right now under President Donald Trump, the challenge should please any real entrepreneur.

I “know there is a lot of uncertainty out there, but to a true entrepreneur, that doesn’t matter. We have always had uncertainty,” John said at the Yahoo Finance All Markets Summit Wednesday.

“That’s what an entrepreneur does. They wake up every single day and they deal with adversity.”

Read more:

Daymond John: Real Entrepreneurs will thrive under Trump

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ByCarolyn Keane

How Makers Can Catalyze a Manufacturing Renaissance

The article “5 Ways the Maker Movement can help catalyze a manufacturing renaissance” calls for leaders to “embrace the Maker Movement as a deeply American source of decentralized creativity for rebuilding America’s thinning manufacturing ecosystems.”

Mark Muro of the Brookings Institution and Peter Hirshberg, co-author with me of the Maker City guide, are co-authors of the article, which makes the case that the new administration might want to look to the Maker Movement as a way to think about re-vitalizing manufacturing in America. They could look at places such as the Columbus Idea Factory in Ohio.

Read more

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ByCarolyn Keane

Lindsey Carnett Named Top Woman in PR Honoree by PR News

NEW YORK, NY–(Marketwired – Jan 23, 2017) – PR News announced their annual list of Top Women in PR acknowledging the innovation and accomplishments of women who have made bold advancements in managing crises, developing brand messages, protecting and building brand reputations and creating content for digital platforms, for their own organizations or for clients.

 

 

http://finance.yahoo.com/news/lindsey-carnett-named-top-woman-203524419.html

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ByCarolyn Keane

From Australia to Germany to Seattle, Applications Are Open for 13 Techstars Accelerator Programs

Are you considering an accelerator or know someone who is? Applications are now open for the Techstars accelerator. Apply now to join the Techstars network with more than 10,000 mentors, investors and founders. Not a founder? Let us know if there is someone we should be talking to. We’ll also hold global info sessions to connect with the best startups and founders in the world. Stay tuned for more details on these events and how you can meet the Techstars teams from different programs. Most applications close April 9th with programs kicking off in July 2017.Are you considering an accelerator or know someone who is? Applications are now open for the Techstars accelerator. Apply now to join the Techstars network with more than 10,000 mentors, investors and founders. Not a founder? Let us know if there is someone we should be talking to. We’ll also hold global info sessions to connect with the best startups and founders in the world. Stay tuned for more details on these events and how you can meet the Techstars teams from different programs. Most applications close April 9th with programs kicking off in July 2017.

 

Techstarts.com/apply

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ByCarolyn Keane

24 Predictions for Social Media and Social Media Marketing in 2017

The end of the year is fast approaching, which means Christmas jingles, New Year’s resolutions and… prediction posts. And while the ever-shifting social landscape eventually renders many such prognostications invalid, it’s still worth analyzing what might be on the horizon as a means of trying to understand where we’re at, and where we’re headed, as we plan for the next 12 months.

Last year, my predictions mostly pointed in the right direction, so again, I’ve decided to get in early and put down a few of my thoughts on where each platform is going, before the upcoming onslaught of ‘looking ahead’ posts.

So here are my 24 predictions for each of the major social platforms in 2017, starting with the big one – Mark Zuckerberg’s ever-expanding giant.

Facebook

2016 has been another huge year for Facebook. They’ve added 197 million more monthly active users and recently crossed a billion mobile only MAU for the first time. The future of the network – as reiterated by Zuckerberg in their most recent earnings call – is video, with more emphasis to be put on live-streaming and 360 content in particular over the next 12 months. And that will cause a significant shift in the platform – here’s what you can expect.

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ByCarolyn Keane

Indiegogo Launches Equity Crowdfunding Platform

Entrepreneurs seeking funding for their startups now have another place to go: Indiegogo.

“Wait,” you may say, “can’t I already use the crowdfunding platform to raise money for my dream product?” That’s right, but today Indiegogo launched an equity crowdfunding service, which utilizes new government rules that took effect in May and allow anyone to invest in startups. Previously, only accredited investors who met certain financial requirements were eligible to back businesses in this manner.

Related: Indiegogo Expanding Beyond Crowdfunding to Be a ‘Springboard’ for Entrepreneurs

“Our mission has always been to make it easier for individuals to raise money for projects they are passionate about, and this is the latest way we’re helping entrepreneurs access the financing they need while also giving backers the chance to invest in new companies,” Indiegogo CEO David Mandelbrot said in a press release. “Since Indiegogo first launched we’ve wanted to offer these sort of investments, and we’re very excited to be officially giving the millions of people who visit our platform every month the chance to get involved with equity crowdfunding opportunities.”

As of today, about $11.7 million had been raised for businesses using equity crowdfunding, according to NextGen Crowdfunding. This count includes three projects that have raised $1,000,000, the maximum amount allowed by law.

Related: 4 Steps to Establishing a Good Business Credit Score

For its new portal, Indiegogo teamed up with MicroVentures, which helps companies raise funds using equity crowdfunding. Equity crowdfunding campaigns will be listed on both sites, with transactions made through MicroVentures. Legal documents will also be automated through an online questionnaire for funding-seeking companies through iDisclose.

“It’s great to see an industry leader in the rewards crowdfunding space jump into the equity arena,” says Kendall Almerico, CEO of BankRoll Ventures and an attorney who works with crowdfunding campaigns. “The long-term success of the JOBS Act laws and regulations will be accelerated when people already familiar with pre-purchasing goods on rewards-based sites like Indiegogo move to actually investing in small companies and emerging businesses through equity crowdfunding.”

During a previous interview with Entrepreneur, Mandelbrot said he wants Indiegogo to be a “springboard” for business owners.

Related: 7 Problems Preventing Your Business From Being Profitable

More than $1 billion has been raised from more than 8 million people on Indiegogo, according to a press release. The company says it is “well-positioned” to introduce entrepreneurs and investors to equity crowdfunding. The service is launching with four offerings, according to the release:

  • ArtCraft Entertainment: A game company looking to fund Crowfall, a massively multiplayer game.
  • Play Impossible: A new gaming company “using powerful, miniature sensors to transform athletic balls into game controllers connected to a smartphone.”
  • BeatStars: A music marketplace and distribution company “where more than 350,000 music producers and recording artists collaborate, sell, distribute and share their music worldwide.”
  • Republic Restoratives: A women-owned craft distillery and cocktail bar in the heart of Washington, D.C., that seeks to expand its product lines and distribution market.

http://finance.yahoo.com/news/indiegogo-launches-equity-crowdfunding-platform-173000013.html

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ByCarolyn Keane

We Fact-Checked Seven Seasons Of Shark Tank Deals. Here Are The Results.

We Fact-Checked Seven Seasons Of Shark Tank Deals. Here Are The Results.
Emily Canal  

FORBES STAFF 

On Shark Tank, the deal you make on camera often isn’t the deal you end up getting — if it happens at all.

How many Sharks invest

How many Sharks invest

Photo by Frederick M. Brown/Getty Images)

The hit ABC show that gives entrepreneurs a chance to pitch celebrity investors depicts some business owners walking away with life-changing deals. But more often than not, those hand-shake agreements change or fall apart after taping.

FORBES found that 319 businesses accepted deals on-air in the first seven seasons of Shark Tank. We spoke to 237 of those business owners and discovered 72% did not get the exact deal they made on TV. But tweaked terms or dead deals don’t necessarily spell doom for a business; for many contestants we spoke to, the publicity of appearing on the show ended up being worth more than the deal.

Shark Tank New Data

Shark Tank New Dat: Nick DeSantis, Forbes staff

About 43% of the people we spoke with said their deals didn’t come to fruition after the show. They attributed this to sharks pulling out of the agreement or changing the terms to ones that didn’t work for them. Others canceled deals after getting term sheets that included unappealing clauses. And occasionally the deals ended amicably.

 

Another 29% of the people FORBES interviewed said the equity and investment amount offered on-air changed after taping — but they chose to take the deal anyway. They said that the changes often occur during negotiations or in due diligence, an investigation into a person or business before signing a contract.

Although our analysis was not exhaustive (FORBES was able to interview 74% of contestants who got deals on camera), the numbers suggest that some investors are less likely to change their deals after the cameras stop rolling. Mark Cuban, who by our count closes more deals than any other shark, changed the agreements he made on-air change only 12% of the time.

SharkTank Solo Deals

Design: Nick DeSantis, Forbes staff

ABC is transparent about the due diligence process and isn’t accountable for how deals pan out during negotiations. ABC did not return requests for comment by time of publishing.

We contacted as many of the 319 businesses as possible, but some refused to share how and if their deals evolved, and others simply did not respond. While the results aren’t comprehensive, this is the most complete record of how often deals change after taping and why that occurs.

The goal of entrepreneurs going on Shark Tank is to make a deal and see it close. But if it falls apart, it’s not always a tragedy. About 87% of the businesses we spoke to that didn’t get deals are still operating. The remainder have shuttered, were acquired or sold.

Matt Canepa and Pat Pezet appeared on season four of Shark Tank to pitch their company Grinds, which sells chewable coffee pouches. They agreed to give Daymond John and Robert Herjavec 15% equity for $75,000. However, the deal died in negotiations.

“Pat and I went on the show 100% wanting to get a deal,” Canepa said. “Regardless of whether or not you get the deal, there are a lot of success stories.”Design: Holly Warfield, Forbes staff

The Shark Effect

In 2012, before their episode aired, Grinds made about $300,000 in sales. The month their segment premiered, the company saw $330,000 in sales.

Grinds brought in $1.35 million the year their episode aired, and have watched that number rise. This year, they are expecting do over $4 million.

Grinds isn’t alone. Nicholas and Alessia Galekovic, cofounders of the grooming accessories company Beard King, made an agreement with Lori Greiner during season seven last year. But around the time they filmed their episode, business took off, and the deal no longer met the needs of the company.

 

Design: Holly Warfield, Forbes staff

The agreement broke down in negotiations. But in the year after the episode aired, the company did around $700,000 in sales. This year, they are expecting over $1.6 million.

“I think that [Shark Tank is] absolutely amazing,” Nicholas said. “For anyone considering trying out or going for it: It’s well worth it.”

The Shark Effect SharkTank Solo Deals

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