Tue. Jun 15th, 2021

business ideas

Clarkson University Students Launch Flourishing Care Package Business 1 min read

Clarkson University Students Launch Flourishing Care Package Business

[email protected]_84 6 months ago

Potsdam, NY, Dec. 02, 2020 (GLOBE NEWSWIRE) — One of the most traditional methods for family members to maintain a connection with their college student while they’re away at college is to send a care package. Here at Clarkson, a pair of brothers has taken the concept of a care package and turned it into a flourishing business that makes the process easier for family members and ensures that students receive their goodies in a timely fashion. 

Dylan Practico ’21, an innovation and entrepreneurship major, and Brandon Practico ’24, a business studies major, continue to expand the business Dylan founded as a first-year Golden Knight. We spoke with them about College Care and all that goes into providing a convenient care package service for Clarkson students.

How did this business come to be and when was it started?

Dylan: When I was a freshman in Professor Marc Compeau’s class, we

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Bob Iger on how he convinced Steve Jobs to sell Pixar to Disney 1 min read

Bob Iger on how he convinced Steve Jobs to sell Pixar to Disney

[email protected]_84 6 months ago

When Bob Iger became the CEO of The Walt Disney Company in 2005, he had a risky idea: buy Pixar.

At the time, Walt Disney Animation Studios had been “faltering,” Iger said during an interview with Bloomberg’s “The David Rubenstein Show: Peer-to-Peer Conversations” published Wednesday. Pixar and Disney had a joint venture to co-produce Pixar’s films, including blockbusters like “Toy Story,” “Monsters, Inc.” and “Finding Nemo.”

But Steve Jobs, the founder of Apple and Pixar, had said publically in 2004 that the relationship between Pixar and Disney was ending, because the companies couldn’t agree on a distribution deal.

Iger saw that Disney Animation “needed a huge improvement,” he said in the Bloomberg interview. “I thought the fastest way to accomplish that, albeit at the riskiest and the most expensive, was to buy Pixar.”

Before going to Disney’s board, Iger had to convince Jobs.

“When the notion of buying Pixar came

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Woodforest National Bank Launches First Virtual Woodforest Foundry with LiftFund Dallas/Fort Worth Women’s Business Center 1 min read

Woodforest National Bank Launches First Virtual Woodforest Foundry with LiftFund Dallas/Fort Worth Women’s Business Center

[email protected]_84 6 months ago

THE WOODLANDS, Texas, Dec. 2, 2020 /PRNewswire/ — Woodforest National Bank® teamed up with LiftFund Dallas/Fort Worth Women’s Business Center to launch its first virtual/online Woodforest FoundrySM.

The Woodforest Foundry is an award-winning program and recipient of the Consumer Bankers Association’s 2019 Joe Belew Award, for the most innovative and impactful small business initiative. The Woodforest Foundry is facilitated by entrepreneurs, for entrepreneurs, acting as mentors to activate local entrepreneurial ecosystems, which revitalizes underserved communities and helps grow businesses. With the Woodforest Foundry, entrepreneurs find a community of mentors and trusted guidance from peers, Woodforest bankers and community partners.

Doug Schaeffer, Executive Vice President and CRA Executive Director at Woodforest, commented, “Thank you LiftFund Dallas/Fort Worth Women’s Business Center for working with us to launch the Woodforest Foundry for the first time, 100-percent online. Because supporting entrepreneurship and small businesses is critical, especially now, our

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Lauren Conrad and Hannah Skvarla: How to Start a Business With a Friend 1 min read

Lauren Conrad and Hannah Skvarla: How to Start a Business With a Friend

[email protected]_84 6 months ago


  • Photo: Entrepreneur Media


    Photo: Entrepreneur Media


Photo: Entrepreneur Media



Photo: Entrepreneur Media


Lauren Conrad and Hannah Skvarla are the co-founders of The Little Market, a nonprofit fair trade shop featuring ethically-sourced, artisan-made products from around the world. The idea for the business sprang from their shared passion for travel, art, fashion, and their desire to help bring social and economic change to the lives of the women creating beautiful works.

“When Lauren and I met, she had so much experience in the fashion space and my background was in the non-profit space,” explains Hannah. “And so we had very complementary skill sets that didn’t overlap and it made for a really great partnership.”


Lauren says that the biggest piece of advice she and Hannah give to people who want to start a business with a friend is the importance of

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Small business owners face burnout, as holiday shopping season starts off weak 1 min read

Small business owners face burnout, as holiday shopping season starts off weak

[email protected]_84 6 months ago

#SmallBusinessEveryDay Advent Calendar brings daily suggestions to support local

TORONTO, Dec. 2, 2020 /CNW/ – Small business owners are feeling the pandemic burnout, with close to half reporting they have suffered from mental health issues as a result of COVID-19, and 43 per cent saying they have worked significantly more hours, according to the latest survey results by the Canadian Federation of Independent Business (CFIB).

“Many Canadians are struggling with stress right now, and small business owners are no exception. Many of them rely on this time of year to stay afloat, but most are nowhere near their usual sales levels at a really critical time for their survival,” said Laura Jones, CFIB’s executive vice-president.

Unfortunately, the start of the holiday shopping season has been weak for small businesses. The latest results on CFIB’s Small Business Recovery Dashboard show that:

  • 62 per cent are fully open (compared to
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How Artificial Intelligence Can Aid Inventors To Prevent Idea Theft 1 min read

How Artificial Intelligence Can Aid Inventors To Prevent Idea Theft

[email protected]_84 6 months ago

Stealing another company’s ideas is nothing new in the cut-throat corporate world.

Steve Jobs, the late CEO of Apple, once said: “We have always been shameless about stealing great ideas.” Facebook helped build out its global empire with a copycat strategy when it lacked its own imagination and invention, prompting The Wall Street Journal to write: Facebook employees’ new motto? “Don’t be too proud to copy.”

But innovative companies must stand up to this longstanding practice of “borrowing” their ideas; this should not be dismissed as simply the cost of doing business in the fast-paced world of technology. It may not be easy, but coming to the rescue to protect ideas is technology itself.

Companies need to understand the options available to protect them.

Copyright is certainly used but has a very narrow scope. Trademarks are valuable but also limited because they only protect the likes of a business name

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How to Start a Business With a Friend 1 min read

How to Start a Business With a Friend

[email protected]_84 6 months ago

The co-founders of The Little Market discuss the most important facet of a successful partnership.

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December
2, 2020

2 min read


Lauren Conrad and Hannah Skvarla are the co-founders of The Little Market, a nonprofit fair trade shop featuring ethically-sourced, artisan-made products from around the world. The idea for the business sprang from their shared passion for travel, art, fashion, and their desire to help bring social and economic change to the lives of the women creating beautiful works.

“When Lauren and I met, she had so much experience in the fashion space and my background was in the non-profit space,” explains Hannah. “And so we had very complementary skill sets that didn’t overlap and it made for a really great partnership.”

Lauren says that the biggest piece of advice she and Hannah give to people

… Read More ... Read More
Adding Tesla To The S&P 500 Was A Bad Idea In September, Even Worse Now 1 min read

Adding Tesla To The S&P 500 Was A Bad Idea In September, Even Worse Now

[email protected]_84 7 months ago

Adding Tesla
TSLA
to the S&P 500 symbolizes the reckless investment environment of our day and brings huge downside risk to the index.

As detailed in Most Dangerous Stock for Fiduciaries, adding Tesla to the S&P 500 was a bad idea when the S&P decided against it in September, and it is even worse now based on:

  • Steeply declining electric vehicle (EV) market share in Europe
  • Steeper competition in the U.S. and China
  • Continued inability to match incumbents’ scale and quality
  • Fading edge in battery technology and manufacturing
  • Valuation implies it will produce over 100% of all EVs by 2030.

S&P 500 Got It Right the First Time

By leaving Tesla out of the S&P 500 in September, the committee seemed to

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How to Maximize Your Business Plan to Secure Funding 1 min read

How to Maximize Your Business Plan to Secure Funding

[email protected]_84 7 months ago

Writing a business plan for your small business should be one of the first steps you take when a business idea pops into your head. This is how you’ll discover whether your idea can actually be a profitable business. Lenders will want to know the business you plan on starting will make enough money for you to be able to pay back a loan or other forms of investment.



text, letter: Business plan over financial charts, eye glasses, and a pen

© Getty Images
Business plan over financial charts, eye glasses, and a pen

If you’re looking online at business plan examples or templates, make sure you don’t grab one labeled as a business proposal template. That is a separate document used in business transactions between one business and another for the completion of a specific project.

Why is having a business plan important to get funding?

Investors want to invest in a business projected to be profitable within a certain amount

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Entrepreneurs Are Getting Ready to Bring Their Ideas to Market in 2021 1 min read

Entrepreneurs Are Getting Ready to Bring Their Ideas to Market in 2021

[email protected]_84 7 months ago

CHANDLER, Ariz., Dec. 1, 2020 /PRNewswire/ — Chandler Innovations, the city’s business incubation and entrepreneurial development program, is offering its Track One course that walks entrepreneurs through the proof of concept process and creating a minimum viable product.

The program focuses on helping entrepreneurs with ideas for products and services in technology and innovation. 

“2020 has been an extremely challenging year for founders,” said Diana White, CEO of Chandler Innovations. “Chandler Innovations is happy to help entrepreneurs start or reignite efforts to bring their product or service to market.”

Jasmine Holmes, Program Instructor for Chandler Innovations, is the facilitator of the program. With over 15 years of graphic design and marketing experience, Holmes brings creative and analytical skills to help entrepreneurs work through the formation of their idea.

“Starting a new business can be challenging, and most fail within the first few years,” said Holmes. “Our

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[email protected]_84 6 months ago