Business expansion is an exciting time for most entrepreneurs. You get to open up a new office, hire new employees, and dominate a new market.
With just months separating us from the inauguration and commercial opening of the expanded Panama Canal, the excitement's been palpable.
When you decide to start a new business, at first everything is happiness, enthusiasm and energy to start your project. Nevertheless you need to take into consideration that only 15% of new businesses make it past the first two years.
1) Be Eccentric 2) Co-create and Collaborate - With Your 'Competitors' How do you find YOUR difference? Ask this question
The city of Savannah is constantly intertwining its past, present, and future. Since the city's emergence, trade and manufacturing have played a huge role in its economy and continue to make an impact on a local and global scale.
We all have our celebrity crushes that we follow on social media. For Goxip Cofounder & CEO Juliette Gimenez, having to open up Twitter, Instagram and Facebook just to follow and read up on her favorite celebrities started to eat up too much of her time.
Persistence pays off. Let's remember this as we celebrate 50 years of Medicaid on July 30. Almost 70 million people in the U.S. turn to Medicaid for their health coverage. But Medicaid is much more than the country's top health insurer. It's also a key battleground for the future of our country.
It's important to realize how this line of thinking is still hugely influential today as developing nations remain prime targets for businesses looking to offload pollution and exploit cheap labor.
The reasons to expand always sound strategically good. They might well be, but if the core is shaky, then you are building on a bad foundation. And that is a recipe for disaster.
Expansion is an important element for a startup. The question is, when? All too often, in my experience, the desire to expand begins to rear its head well in advance of traction and readiness.