Entrepreneurs with a mind for money (and business) realize that $5,000 can mean a lot to a fledgling tech start-up. Every start-up has a unique set of goals and a few extra thousand dollars can help finance those goals.
If your existing start-up has growth and hiring goals, a few extra thousand dollars can provide a boost in its ability to entice brilliant minds to your organization. It can also help your organization purchase new, industry-specific software or give your start-up the budget to offer staff on-going professional training, access to new research and time efficiency processes that will further expand their capabilities.
An additional $5,000 of wiggle room to your budget can also help defray the cost of purchasing general office equipment and supplies, everyday overhead expenses, such as office space, rent, utilities, computers, desk, etc.; or obtaining business licenses, legal advice, or other professional fees.
When looking to move forward with a tech start-up it’s important to realize that, due to the highly specialized nature of your business and constant innovations in the tech industry, costs may be higher than many other entrepreneurial ventures. Without mincing words, your business relies heavily on that little thing called the computer. Costs associated with computer maintenance, internet connectivity, and general software maintenance often prove to be financial pain point for many tech start-ups.
Another cost that tech start-ups should consider is an investment for digital and non-digital marketing. Even the most tech-savvy entrepreneur may recognize that marketing a start-up is not his or her forte and it may be time to call in a professional to help garner attention and grow a customer base.
No matter what stage of the game your start-up stand the aforementioned costs are cornerstones to maintaining and growing a successful business.
While intangible human characteristics like passion, work ethic, and a positive attitude are crucial to launching a start-up, the backbone to any entrepreneurial endeavor is a solid strategy and a lively mind.
With this in mind, The Company Corporation is offering business owners an opportunity to win $5,000 in exchange for sharing their tips for building a successful business. No matter your realm of expertise or industry, they want to hear your story.
Every start-up faces its own unique trials and tribulations. We all make mistakes and run into challenges that mold our future business decisions; but this is how we learn. In addition to inspiring other confident entrepreneur’s with grand ideas, you can provide your experiences to help others avoid some of the pitfalls you’ve encountered on the road to building a successful business from the blueprint to the top floor.
To enter, simply submit your name, email, and company name along with five tips and/or lessons you learned from your entrepreneurial endeavors to The Company Corporation. Your information and advice will appear on their website (Incorporate.com) along with a variety of stories and experiences from other business owners.
The contest offers far more than a chance to win $5,000. It gives businesses a soap-box to provide valuable resources and knowledge to other members of the start-up community as well.
Learning, Teaching, and Growing: Good Reasons To Share Your Business Knowledge
The best entrepreneurs realize that the minute you stop learning, you and your business become stagnant. Hitting a standstill is not a good sign fo4r a business owner, as development, progress, expansion and growth are all imperative to creating a successful business. A mind for innovation is particularly important for those in the tech start-up space.
By providing your advice to aspiring entrepreneurs—and even established business owners—you can share past triumphs or failures and allow others to learn best practices or things to avoid in the future. What may seem like old hat best practices to your company may be a complete revelation to another member of the business community. They may have an idea that they want to expand into something much larger, but sometimes, newcomers need that gentle nudge to make them realize their endeavors have potential…or the potential to fail.
Beyond supplying others with sound advice and information, The Company Corporation gives your tech start-up vehicle and visibility to get your name, your business and your story out there. Even if you don’t win $5,000 to fund start-up costs, this opportunity gives you the ability to grow as an entrepreneur and network with thought-leaders inside and outside of the tech industry whose ideas can potentially propel you and your business forward towards new heights.
Visit Incorporate.com to enter the Five Tips for $5,000 contest today. A winner will be chosen and featured on the site in March 2014. Good Luck!