Dr. Silvia Mah, partner at Ad Astra Ventures, helps women founders grow innovative startups tackling big ideas.
When the pandemic turned the business world upside down, some entrepreneurs responded with a determination that carried them through a stressful year. Rather than freeze in panic, they evaluated the situation and decided what to do next.
In these moments, I believe we saw the true essence of the entrepreneur. These business leaders decided to persevere and respond in a socially responsible way that focused on the needs of their communities. They connected with new suppliers, landed new contracts and made new partnerships they wouldn’t have imagined at the beginning of 2020.
As an angel investor and venture capitalist who helps female founders to build and scale their startups, I saw these scenarios happen across the country. Several of these founders received scholarships to participate in an Ad Astra bootcamp, which
By Meeky Hwang, co-founder & Chief Technology Officer of Ndevr.
Over the years, I have met many great entrepreneurs and leaders. After I began my entrepreneurial journey, I voluntarily (and involuntarily) got involved with many groups for business leaders and entrepreneurs. Through this experience, I noticed several common traits that successful entrepreneurs tend to have.
1. Quick to execute
Often, there are a lot of ideas floating around during casual social gatherings. This is especially true among great entrepreneurs because most of them are exceedingly creative. In normal situations, these ideas are just “gibberish” or something to laugh about, and the idea dies out after the gathering. Conversely, among entrepreneurs, these ideas can actually become reality.
In one of the entrepreneur groups I recently joined, we had a casual chat about how great it would be to have an event about being an effective speaker. Within a day
KNOXVILLE, Tenn., Nov. 30, 2020 /PRNewswire/ — PYA, one of the largest certified public accounting and professional services firms in East Tennessee, is pleased to announce the Annual Ballard Innovation Award Competition in honor of Chief Alliance Officer Tom Ballard.
The Ballard Innovation Award Competition is open to any early-stage company in the East Tennessee area that has established a “proof of concept” with accompanying revenue. Applicants must be able to present a business plan to optimize existing business operations by reducing costs, increasing revenues, and/or gaining new efficiencies, while demonstrating clear innovations to improve the business and empower the consumer.
The award is named in honor of Tom Ballard, PYA’s Chief Alliance Officer and well-respected member of the East Tennessee entrepreneurial community. Ballard spent more than four decades building relationships for the University of Tennessee and Oak Ridge National Laboratory throughout the region, state, and
5 min read
Opinions expressed by Entrepreneur contributors are their own.
You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.
The ongoing COVID-19 pandemic has already brought enormous change in the way we do business. Millions of people are forced to run their business completely online, working from home. Of course change is inevitable in business, things change in time; but the pandemic made it compulsory to adapt to a new reality, to survive. Even after several months, the future still looks uncertain; the only thing we can be sure of at the moment is, doing business online.
Right now, for any entrepreneur, the main emphasis should be on sharpening the digital business strategies. Here, four entrepreneurs from different countries and different sectors share their experience and a lesson they’ve learned while running their completely online businesses.
Build your business based on what you’re good at,
Technology continues to play an enormous role in the speed of business. Transforming industry and its players is a function of adoption. Adoption, in turn, is highly dependent on resource and capital. Small businesses have been and continue to be the casualties in a dynamic market that tends to favour the larger players with money and influence. Steve Lau and Rameez Ansari, co-CEOs of AutoLeap fully intend to change the game for small business.
In both Canada and the United States, small business (by definition, 500 employees or under) make up 99.9 % of the business population. In Canada, similar stats show a small business penetration of 99.7%. According to the US Chamber of Commerce, approximately 33% of business will fail after 2 years. The survival rate after 5 years: US: 50% and Canada: 42.9%.
In 2015 Ansari and Lau acquired
- At the start of the pandemic, 27% of women-run businesses were closed compared to only 20% of businesses run by men.
- Female business owners are pulling a “double-double shift,” where they are struggling to keep both their families and small businesses afloat.
- Nearly 25% of female small-business leaders said that they are spending six hours or more a day on domestic responsibilities, compared to only 11% of men.
- But women business owners were 15% more likely to make more than half of their sales through online channels. They were also three times as likely to start or increase using digital tools during the pandemic.
- Sheryl Sandberg is chief operating officer at Facebook. This is an opinion column. The thoughts expressed are those of the author.
- Visit Business Insider’s homepage for more stories.
You’ve seen the signs in darkened windows on Main Street. You’ve seen them at half-empty malls, shuttered corner
- Startup founders and venture capitalist in the UK are alarmed by proposed new laws to scrutinize foreign buyers buying and investing in British firms.
- The laws would impact firms operating in 17 so-called ‘sensitive industries’ such as artificial intelligence, quantum computing, and data.
- Any prospective major investors or buyers would need to pass the scrutiny of a new Investment Security Unit.
- Charles Delingpole, CEO of anti-fraud startup ComplyAdvantage, warned the move would “effectively give the government a veto” over any foreign acquisition.
- Visit Business Insider’s homepage for more stories.
Venture capitalists and founders in the UK have expressed alarm at government plans to limit foreign companies from buying up British firms, warning such a move could be “risky for the startup ecosystem”.
On Wednesday, the UK government announced a proposed overhaul of takeover laws that give it greater power to scrutinize foreign acquisitions of and investment in UK companies in
Female Founders First programme will provide 30 female founders from around the world with access to networks and business advice designed for scale
Techstars, the worldwide network that helps entrepreneurs succeed, and British universal bank, Barclays, have today announced their partnership to launch Female Founders First, a unique programme designed to provide 30 trailblazing, female-led companies with resources to grow, scale, and advance their businesses.
The 30 selected founders—representing a wide range of industries including health care, legal, finance, e-commerce, and artificial intelligence—will receive access to mentorship and networking opportunities, a curriculum of workshops and roundtables, as well as perks and brand-strengthening initiatives designed to prepare them for their next rounds of funding or scaling efforts.
“Female founders all over the world have launched high-growth businesses that are on the verge of scale. These are high-value, investment-worthy companies, but research shows that breaking through has as much to do with
A futurist who is passionate about launching businesses. He is the CEO of BlockVentures & Unite.AI, a news website on AI & robotics.
While there are endless articles highlighting the benefits of artificial intelligence (AI), augmented reality and blockchain, there are other emerging technologies that are often neglected by entrepreneurs. These technologies have the potential to completely disrupt the aerospace, health and manufacturing sectors. In this article, will explore five potential breakthrough technologies and how I believe they will converge.
Additive manufacturing is more commonly known as 3D printing. While the industry was initially hyped with the promise that 3D printers would become prevalent in people’s homes, the real breakthroughs will result from commercial 3D printers.
Traditional manufacturing subtracts material (cutting out/hollowing) from metal or plastic to craft the intended object. This results is material waste that is approximately 40% higher than in additive manufacturing. Additive