Cult favorite video game developer Double Fine recently shocked investors by raising over $1 million in 24 hours on Kickstarter for its new adventure game, despite the genre’s supposed death. This has led critics to speculate that crowdsourcing isn’t just the hottest new thing to happen to startups and small business owners since Apple’s App Store; it may also present tomorrow’s most promising new source of venture capital and angel investment. Today’s featured article from Mashable.com offers an in depth look at the possibilities of ‘crowd-funding’ your next big (idea)…
Welcome to the island of misfit toys or in this case mis-fit entrepreneurs. Today’s featured article comes from one of my personal favorite online magazines, entrepreneur.com. It discusses the personality traits required to tackle the art of entrepreneur-ism. Read below for more info:
Interested in starting your own business? Perhaps you’ve been a lifetime problem solver, go-getter, and modern day “bossy pants” since a young age. But do you have the natural befitting qualities required to take a stab at entrepreneurship?
Todays featured article comes from the fabulous Entrepreneur.com and discusses eight industries which are absolutely ready for idea development. Read on below…
There may be a lot of economic uncertainty, but that doesn’t mean it’s a bad time to launch a business. For a few business ideas, take a spin through this list of eight online industries expected to see healthy U.S. revenue growth in 2013 that are hot for startups, according to industry research firm IBISWorld.
Social network game development — People are spending more time on social networks like Facebook and they are also spending an ever increasing number of hours online, thanks to the rapid adoption of mobile devices like smartphones and tablets. Consumers are spending more time playing games that are embedded into their social network: The industry has grown by an astonishing 184 percent per year on average for the past five years, IBIS reports. By the end of 2013, U.S. sales in the industry are expected to grow another 32 percent and hit $6 billion.
Online shoe sales — What woman can’t find an excuse for why she absolutely needs another pair of shoes? Couple that with a surge in ecommerce, and U.S. online shoe sales have grown by more than 16 percent per year on average over the past five years and the industry is predicted to near $9 billion in U.S. revenue in 2013. While there are already some big players in the market, Amazon.com which owns Zappos.com and FootLocker.com make up only 16 percent of the industry. Without a juggernaut in the industry, there is room for startups, IBISWorld says, but make sure to have your own special spin on shoes.
TV and home theater installation services — Americans spend a lot of time in front of the tube. Approximately 98 percent of U.S. households have a TV and 25 percent of Americans have a home theater system. At the same time, there is no market leader in the installation services industry, leaving ample space for startups to come in and make room for themselves. Revenue in the industry has been climbing by more than 4 percent per year on average in the past five years and by the end of this year should exceed $12 billion, the report says. If you are going to break into the market, you are going to have to stay on top of ever-changing technology in the space.
Some people may wonder why procrastination advice seems to never work for them and if there is a deeper issue at hand. Well, for 20% of the population who are chronic procrastinators, it is a serious problem that needs to be addressed according to Joseph Ferrari, a psychology professor at DePaul University and a leading expert in the study of procrastination. For those 20%, telling them to just “do it” is like “telling a clinically depressed person to cheer up,” says Ferrari, author of the book Still Procrastinating?
It’s a Serious Problem If…
So how do you know if you’re a chronic procrastinator? “You find that you procrastinate at home, at school, at work, in relationships. You don’t pay your bills on time…You miss sporting events, concerts because you never got the ticket,”
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Cult favorite video game developer Double Fine recently shocked investors by raising over $1 million in 24 hours on Kickstarter for its new adventure game, despite the genre’s supposed death. This has led critics to speculate that crowdsourcing isn’t just the hottest new thing to happen to startups and small business owners since Apple’s App [...] Read more