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Tag: adam hoeksema

3 Reasons Your Bank Seems So Stingy

3 Reasons Your Bank Seems So Stingy

| April 27, 2013 | 0 Comments

We hear it all the time, frustrated entrepreneurs say things like: “The big banks aren’t lending to small businesses” “The banks aren’t willing to take a risk” “Why do banks even advertise small business loans? They don’t approve anyone!” It is easy to blame the stingy, greedy bankers for your company’s inability to raise capital, […]

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Top 3 Financial Mistakes That Kill Startups

Top 3 Financial Mistakes That Kill Startups

| February 9, 2013 | 1 Comment

Startups make a lot of mistakes, it just comes with the territory.  In order to succeed as a startup, you will need to make mistakes, take risks, and adapt quickly, but when it comes to your finances there are a handful of mistakes that you just can’t afford to make.  These three common financial mistakes […]

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Can Your Small Business Survive a Eurozone Disaster?

Can Your Small Business Survive a Eurozone Disaster?

| June 13, 2012 | 0 Comments

After the banking disaster in 2008 the United States government stepped in and required many US banks to undergo what they called “stress tests.”  In a very simplistic sense, these stress tests were simply glorified what-if scenario analysis. The purpose of the stress tests were to determine whether the banks could survive without government intervention […]

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Please Don’t Try to Build the Next Instagram

Please Don’t Try to Build the Next Instagram

| April 15, 2012 | 15 Comments

2 years of work…  $1 billion payout… In an instant, this became the dream of thousands of young, enthusiastic entrepreneurs.  Instagram was founded in 2010.  They built a relatively simple photo sharing application, gained traction, raised capital, continued to grow, found a buyer (Facebook) at just the right time, and cashed out big time.  Sounds […]

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7 Devastating Elevator Pitch Mistakes

7 Devastating Elevator Pitch Mistakes

| January 10, 2012 | 8 Comments

When you pitch your company, product, or service are you met with blank stares?  Does your audience politely smile, nod, and then walk away?  Maybe it is time to take a closer look at your pitch and make sure that you are not making one of the following deadly mistakes. 1.  Using Industry Jargon One […]

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How to Get on TV to Promote Your Startup

How to Get on TV to Promote Your Startup

| October 12, 2011 | 2 Comments

Recently I was interviewed on a state wide business news TV program to talk about a new web-based startup company of which I am a Co-Founder. My interview aired on CBS across the state, and was also sent out to an email list of approximately 45,000 people.  I am a 23 year old entrepreneur, so […]

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3 Worst Ways to Find a Potential Investor

3 Worst Ways to Find a Potential Investor

| January 14, 2011 | 9 Comments

A couple months ago I wrote an article titled Top 10 Website to Find Angel Investors.  My research for that article revealed that there are virtually hundreds if not thousands of ways to find potential investors, but today I want to focus on the 3 worst ways to find a potential investor.  According to the […]

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The 5 Most Devastating Funding Mistakes that Most Entrepreneurs Make

The 5 Most Devastating Funding Mistakes that Most Entrepreneurs Make

| December 3, 2010 | 8 Comments

For most entrepreneurs these days, funding is nearly impossible to come by.  According to the report titled, “Important Things for Entrepreneurs to Know about Angel Investors” which is distributed by the Angel Capital Education Foundation, only 1 to 4% of angel investment applicants successfully raise angel investment capital.  So before you ruin your chance at […]

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