Pressed Juicery’s Journey From Being Worth $30,000 to Generating $75M in Revenue

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How Marie Forleo Went From Being a Bartender to The Owner of an Online Empire

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How to Create a Business Out of Something That You Love

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Business | Featured

How to Create a Business Out of Something That You Love

August 25, 2018

Making a living from a corporate job might be a safe and sure way of keeping a roof over your head, but it can also be very draining and does not give a sense of fulfilment, especially if you are someone who dreams of starting their own business. You might find yourself exploring different ideas and how you could convert them into something profitable, but procrastination and day dreaming will not get you anywhere, you need to be able to effectively take one of these ideas and monetize them.

When thinking about starting a business venture, you should tread carefully since your first few months are going to be uncertain, make sure that you do not end up leaving your job for your passion. Instead, one should gradually shift from being an employee to an employer, spend your time carrying out research, getting to know your market and determining what you need to do in order to differentiate yourself from your competition. Being cautious will ensure that you do not become too vulnerable and it will also give you time to figure out whether your idea is actually business worthy or just a passion project.

People who are used to working jobs find it hard to transition into entrepreneurship as they have become so used to being told what to do. An entrepreneur is their own shot caller and therefore, they do not have anyone making schedules and setting goals for them, this leads to plenty of confusion in your early days as your business venture can quickly become disorganized. In order to prevent confusion and chaos, you should treat your business idea as professionally as possible from the very beginning; set goals for yourself, document your progress, and act in a professional manner with yourself and your clients.

One of the best things about starting a business nowadays is that you do not necessarily have to invest in a physical location, there are a number of online launch platforms available that let businesses operate just as effectively (if not better) than a physical platform. You can simply setup your own website and turn it into a proper e-commerce platform with the help of a variety of tools, or you could simply setup shop on websites such as eBay and Amazon. Thanks to the internet, a once major cost barrier is no longer an issue for entrepreneurs.

Governments and private agencies often come up with programs that are supposed to encourage people to work on their own start-ups, finding a program like this can really help you out in the beginning. Programs like these help fresh entrepreneurs come up with business development plans, financial lending, assistance with manufacturing, market research and more. Some agencies also help businesses take advantage of co-working spaces that let them share offices.

If you take a calculated and well-planned approach towards your business then you are bound to have a much higher chance of actually making something out of it.

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Business

Walk With Me – Meet The New Generation of Entrepreneurs

August 12, 2018

The world is adapting to an entirely different kind of workforce.

What can we learn from Millennial entrepreneurs and their approach to work, and how do we hire, engage, and do business with our next generation of leaders?

We Millennials have surpassed baby boomers in the United States as the largest living generation, according to population estimates released in April by the U.S. Census Bureau.

Defined as those born roughly between 1983 and 2000, we’re a generation worldwide that are changing everything, from work and spending patterns to the adoption of new technology, innovation, and regulation.

We’re starting more companies, managing bigger staffs, and targeting higher profits than our baby boomer predecessors, according to the 2016 BNP Paribas Global Entrepreneur Report. And we’re discovering entrepreneurship significantly earlier than they did.

We may be the startup CEOs of the present, but we’ll be the business leaders of the future.

The opportunity to foster a new economy, triggered by young entrepreneurs, has never been greater, and the way we choose to operate in the business world is set to become the new normal. But, in order for the business community to support us in the right way, they need to understand what really makes us tick.

What values do we hold? How do we like to work? What are our common frustrations?

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Business

The next generation of entrepreneurs: Anna Hovet at TEDxGrandForks

Anna Hovet discusses the technological and social implications of a pervasive Internet, as well as limited career prospects due to the recession have cultivated highly creative, resourceful, tech-savvy innovators within the Millennial generation. These characteristics are not in line with the rigid structure of standard workplaces. By identifying and encouraging these traits we have an opportunity to breed a new generation of entrepreneurs.

Anna Hovet is an entrepreneur, fashion designer, educator, and social media influencer based in Chicago, Illinois. Born and raised in Grand Forks, North Dakota, Anna moved to Chicago and earned her BFA from the School of the Art Institute of Chicago in 2007. After graduation, she was hired by Kids Headquarters where she designed layette for Ecko, Calvin Klein, Kenneth Cole, and Target. Due to the recession, she was laid off and launched her young contemporary knitwear line, Anna Hovet, in 2009 at the age of 23. Exceeding most expectations, the line was immediately ordered by several boutiques. Anna was soon selected as a Designer in Residence at the Macy’s Chicago Fashion Incubator which helped launch her business. Since 2009 she has successfully ran her company, which is continually growing and gaining notoriety. In May 2013 she was selected as one of twenty participants in The Workshop at Macy’s – an exclusive retail vendor development program for high potential business owners. Anna Hovet is available online and in several boutiques across the country.

Anna Hovet is one of the most recognized names in Chicago Fashion and has had sponsorship deals with United Airlines, Kraft, and EFFEN Vodka. Her designs can be seen on Jennifer Hudson and have been featured in several publications including Lucky Magazine, Chicago Tribune, and RedEye. She has appeared on NBC “1st Look” and was a contestant on the Kenmore Reality Web Series “So You Wanna Be A Designer”. Her influential online social networking presence and clever marketing skills have been a great contributing factor to her success.

Hovet continually supports the Chicago Fashion community by manufacturing all garments locally and collaborating with many local independent artists. Hovet also sees fashion as a platform to address social issues, using the notoriety of her brand to organize charitable fashion shows, events at homeless shelters, and community clothing drives. In addition to operating her label, Hovet teaches Fashion Illustration at the School of the Art Institute of Chicago.

In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

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