A convertible note is a short-term debt that has an interest or discount rate, a valuation cap, and a maturity date. Investors use convertible notes to invest in startups in the early stages of development. Investors can choose to convert convertible notes into preferred shares on a specific date or event. What Is a Convertible…
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40 Seth Godin Quotes for Entrepreneurs
Seth Godin is an American author, public speaker, and entrepreneur, considered to be one of the most influential minds in modern marketing and business. He wrote 18 international bestsellers, published in over 35 languages. Godin’s insights in leadership and innovation make him the perfect source of inspiration for professionals and entrepreneurs the world over. Here…
40 Dale Carnegie Quotes on Self-improvement for Entrepreneurs
todDale Carnegie’s quotes on salesmanship, public speaking, and communication skills are a source of timeless inspiration for people, in business and personally. He was a well-known writer and lecturer who designed numerous courses on self-improvement and entrepreneurship. He also published numerous books full of wisdom that many people still read today. Here are 40 Dale…
How To Open A Bar in Six Steps
When deciding how to open a bar, you should begin by researching different types of bar businesses (sports bar, pub, brewery). In general, bars can be expensive to start, with costs ranging from $150,000 to more than $1,000,000, depending on how much space and the type of liquor and food licenses required. To accept and…
Raising Money From Friends and Family: Loans Or Equity?
Turning to friends and family to fund a business venture is one of the most common forms of small business funding. Raising money from friends and family is less formal than other financing alternatives. Business owners can give away equity to fund their business or take on debt with a friends-and-family loan. What a Friends-and-Family…
14 Tech Startup Ideas For Entrepreneurs
Tech startup ideas cover a wide range of businesses, from software or physical tech sales to businesses that completely rely on technology like independent livestream reporting. All tech businesses can be profitable, with the most successful ones earning millions of dollars per year. Some have an edge with proprietary information, while others are more innovative….
10 Surprising Startup Statistics
Starting a business can be a dream come true. As it turns out, you don’t need a degree from Harvard University to do it. If you’re curious about what it takes to have a successful startup, look no further, dear entrepreneur; we’ve compiled some startup statistics that may surprise you.
32 Easy Businesses to Start
Many people want to start their first business but struggle with deciding what type of business to start. Easy businesses to start usually have fewer licensing requirements, training certifications, flexibility, and a lower overall cost. Marketplace websites like Care.com make it easy for businesses in certain industries, like childcare, to connect with paying customers. Here…
Series A, B, C & D Funding Rounds Explained
Series A, B, C & D investments represent the first funding rounds that startups receive from investors. Each round involves the issuance of preferred stock sold to investors by a startup, with subsequent letters representing subsequent rounds. Startups use these funding rounds to hire staff, launch products, and market to customers. What Series A, B,…
What Is Preferred Stock vs Common Stock
Preferred stock is like common stock because it offers investors equity in a company. It may be less risky than common stock, however, because preferred stockholders receive profit distributions or liquidated assets in case the business fails before common stockholders. Companies of all sizes issue preferred stock, which institutions with large amounts of capital purchase….
18 Elon Musk Quotes on Business, Success & Life
Elon Musk is a business magnate, co-founder of the electric car company Tesla, and founder of the space exploration firm SpaceX. The entrepreneur also co-founded the payments company PayPal. Musk has a net worth of more than $20 billion. These Elon Musk quotes may be a source of inspiration to aspiring entrepreneurs. Here are the…
CenturyLink vs Spectrum: Price, Features & What’s Best in 2019
In a comparison between business internet service providers CenturyLink vs Spectrum, it can be difficult to choose based on price alone. Spectrum is available in more areas and delivers comparable and, sometimes, faster speeds than CenturyLink. However, CenturyLink offers flexible billing options and decent speeds, but it might not be available in your area. When…