Tips for Business
Confused about what makes a business social? What 10 Signs You're Not A Social Business can you look for? Sometimes it's easier to see the reverse according to Debra Donston-Miller.
Just what is a social business? And what makes a social business leader? When The BrainYard went in search of people and organizations that are setting the social business pace, we found lots of common ground, including an inherent belief that social products and practices could improve business processes, and an openness to try new things. We also found lots of examples of companies using social technologies for collaboration and for identifying and leveraging expertise within the organization.
Angel funding NYC might be the new catch-phrase. Venture capital in the very earliest stages has seen a steep increase over the past two years. Dow Jones VentureSource measured a 52% increase in venture-capital seed investments in consumer Internet companies nationally in 2011 compared with 2010. A report last month by research firm CB Insights found that quarterly seed-stage funding for Internet companies has jumped dramatically over the past 10 quarters. In the first quarter of 2010, there were 20 seed deals; in the second quarter of 2012, there were 111, more than five times as many.
We've all been to speed networking events where you hope to make a business connection so you can capitalize, only to run into a room full of people with the same idea. And sellers aren't looking to buy. So what do you do?
So you think you have the next great idea! A sure-fire business success waiting to happen and you know if you can just get that idea before someone with money that you’ll be on your way to start up funding, right? Sorry, but no, it’s not that simple; there are many types of funding vehicles and as many different investor personalities as there are ideas.
Getting stuff done is at the root of any business venture. It may sound trivial, but many startups strategize themselves right out of business -- because they don’t get stuff done!
Launching a business and turning it into a revenue-generating enterprise is daunting. Becoming self-sustaining and profitable all the more so. However, that is just the warm-up drill; the real chore is to stabilize, manage and grow that business in an ever-changing world.
It wasn't long ago that companies such as Jive and Yammer were proclaiming the era of the social enterprise. Knowledge workers no longer would be slaves to email. The best parts of social media would find their way to the workplace (sans photos of drunken friends). Knowledge and data would be found and shared with ease. Communication would be neither push nor pull but one or the other in the most appropriate times.