How to Write Off Startup Costs

by Mark J. Kohler via

Knowing which startup costs you can write off is important for any business owner.

In this video, Entrepreneur Network partner Mark Kohler explains how to maximize write-offs for your startup and track them properly. 

Tracking everything related to your startup from day one is essential to get the most money back.

Once your business makes its first sale, it's no longer in startup mode. Once you're out of startup mode and making money, you can start writing off expenses...


What Makes Great Entrepreneurs Think Differently?

by Brian Hughs

Think outside the box. Take risks. Turn obstacles into success. We’ve all heard these motivational platitudes before. So, why do so many of us struggle to actually apply them to our daily business lives?
Our mindset dictates what we believe to be possible both in life and business. Yet the way we think can either be our greatest asset or our biggest detriment. It’s easy to read or hear “think outside the box,” but it can be much more difficult to put this advice into action!

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5 Keys for Building a Business without Money

by Michael Glauser via

“I want to start a business but I don’t have any money.” I hear this statement over and over again as I work with aspiring entrepreneurs. Many of them have sound ideas, but feel they need a lengthy business plan and a large amount of cash to get started. The reality is, most successful entrepreneurs end up bootstrapping their business. If you are passionate about what you are doing, there are always ways to get things done with limited resources. Here are five keys successful entrepreneurs use to build thriving companies...  

4 Ways to Thrive as an Entrepreneur Outside the Valley

by Brian Ardinger

Startup communities around the world are leveling up. The opportunities once found only in prominent startup ecosystems can now be seen everywhere, and savvy entrepreneurs are taking advantage.

I’ve experienced this shift first hand. Having moved to Lincoln, Neb., from stints in Hong Kong and Silicon Valley over a decade ago, I can attest that the opportunities for entrepreneurs have dramatically grown in “fly-over country."

Cities like Lincoln (and Omaha and Cincinnati and Kansas City and on and on), have begun to pull together the tools, resources, networks, and foundational support needed for the next wave of technology entrepreneurs -- what Steve Case refers to as The Rise Of The Rest. This “rise” is real in Nebraska and other places...

21 Ways to Market Your Business Online

by Robert Adams

Our nascent fascination with search stems back to the internet's earliest days when algorithms didn't reign supreme. Back then, it was far simpler to be found on the web. It didn't require all of the technical know-how, breadth and awareness of hundreds of ranking factors in order to be discovered relevantly in an online search. 

No, back then it was far simpler.

However, today, with the evolution of Google's core search algorithms, and in the wake of major adjustments that have gone by names like Panda, Penguin and Hummingbird, being found on the web has become likened to obtaining a doctoral degree in physics or mathematics...

5 Insights Into Venture Capital Entrepreneurs Need to Know Now

by: Lydia Belanger

Venture capital-backed investment activity peaked in 2015, but analysts don’t expect that 2016 will live up to last year’s record in terms of deals or dollars. In fact, the past three months saw the lowest activity of any quarter over the past two years.
In the U.S., seed funding has become especially hard to pin down, according to Venture Pulse, a report released this week by KPMG International and CB Insights. A smaller proportion of deals are early-stage, though the median size of these deals is rather high. Meanwhile, large-sum late-stage deals are less common than they were a couple of years ago.

Essential Web Skills Every Modern Entrepreneur Must Have

by Jonha Richman

Everyone and their great-grandmother has heard of the internet. It’s lowered the barrier to entry for entrepreneurs worldwide. It’s also leveled the playing field where your target audience can be global rather than regional. But some entrepreneurs still don’t want to pick up web skills. And if you’re on the business/marketing side of things, I can understand why.

But remember, you don’t need to be writing algorithms for Google to be tech savvy. I’ll cover a few topics worth studying that will expand your horizons and improve your online presence without the need to become a master coder...

8 Habits of Wildly Successful People

by Travis Bradberry

You know what they say about opinions -- everybody has one. If you want to see that truth in action, just Google “characteristics of successful people.” Some of the results will undoubtedly point to the famous Marshmallow Study at Stanford, which demonstrated that the ability to delay gratification is a key component of success.
But that's far from the only theory...

Startup Lessons: This Is Why You Need To Move Quickly

by Ilya Pozin

If you want to launch a startup, there’s one thing you need to understand: speed is your friend. You want to build quickly, not because you want to be the first to market, but because you want to know what works and what doesn’t. This way, you can be nimble if what you’re doing isn’t working, and you won’t run out of money in the process.

Not to mention that the longer you spend developing your product pre-launch, the more money you’ll burn through. Without cash coming into the company, each delay takes your company one step closer to death.

Give your startup a fighting chance by launching as soon as possible. Here are three ways entrepreneurs can quickly and efficiently get their company started...

8 Characteristics Shared by the 'Shark Tank' Team

by John Rampton via

There is one TV show that I watch ever week without fail. It's Shark Tank. I, like millions of viewers around the world watch each week looking for inspiration. They inspire me each week to become a better person, leader and business owner. ABC’s hit show has truly influenced and inspired a new a generation of entrepreneurs. 

The success of the men and women invested in by the sharks can be attributed to the characteristics that the Shark Tank team all share. Here are eight of those characteristics...

Making the Leap of Faith to Entrepreneurship

by Glenn Llopis via

Having made the transition from the corporate world to entrepreneurship nearly 20 years ago, I have lived and know first-hand the realities of what is required to find success and eventual significance. One thing is certain: there is no template for the opportunities – and the adversity – you will be faced with – and how you will react to each new experience.

Entrepreneurship is hard, but not impossible. It takes a lot of will, perseverance and belief in yourself. In the end, you must satisfy a widening marketplace gap to create demand while at the same time be likeable, intriguing and unique enough for a prospective client or investor to listen to you. You must learn how to earn serendipity throughout the journey – and be courageous and vulnerable enough to test your ideas and ideals.

8 Things Entrepreneurs Need to Care for Themselves Every Day

by Neil Patel via

Being an entrepreneur is challenging. Every day is a constant battle with uncertainty and doubt. But it can be a lot harder if you don’t actively make yourself a bigger priority than your business.

The thing that many entrepreneurs fail to realize is that you are your business. If you don’t take care of yourself and do things every day that put a little extra gas in the tank, then you’re dooming yourself and your business to burnout and failure.

Here are just a few things that you can do every day to ensure that you are able to succeed at the highest level in your business and in life...

10 Free Marketing Tools Every Entrepreneur Should Know About

by Derek Miller via

If you’re an entrepreneur, bootstrapping a business, then you understand the importance of every dollar.
While executing your core competency is a crucial factor to your business’ success, another important step is effectively marketing your business. Fortunately, there are hundreds of free digital marketing tools that can greatly impact your business. Below are a few of the best, free online marketing tools for entrepreneurs...

5 Big Distractions That Sabotage Your Entrepreneurial Success

by Neil Patel

Seldom does success come easily in business. Not to be pessimistic, but most entrepreneurs who make it have inevitably faced a myriad of challenges along the way. That’s just the way it is.

And what has stunted their growth and success along the way hasn't necessarily been major obstacles or turbulent storms. It's been the distractions they've allowed to invade their lives. These are often subtle distractions, so entrepreneurs may not even know there’s a problem until one day they wake up to see that their efforts have been derailed.

The key to moving forward is being able to spot some of the most common distractions and eliminate them before they infiltrate any further. Here are some that I’ve personally experienced...

From Broke to Millionaire: 4 Lessons a Serial Entrepreneur Can Teach Us

by Brian Hughes via

"If you want to be a successful entrepreneur, don't chase the money," says Tomas Gorny, a serial entrepreneur who promotes the idea that the creation of great things is more important than the accumulation of wealth. 

Gorny came to that realization the hard way, after growing up in poverty in Poland, immigrating to the United States in his late teens, joining a startup, making millions and then losing it all and starting over again.

Gorny’s rags-to-riches story repeated itself twice until he co-founded his current company, Nextiva, a cloud-based communications provider based in Scottsdale, Arizona, where he now oversees more than 500 employees. I had the pleasure of speaking with him by email about the four business lessons he said he'd learned over a lifetime as an entrepreneur...

8 Entrepreneurship Lessons That Counter What You've Learned

by Peter Daisyme via

John Lemp started his own lawn-mowing business at the age of 14 before building websites and a search engine called Gatewaytothenet -- and he hasn't slowed down since.

In the early 2000s, Lemp created a marketplace where visitors could share instructional videos and build community sites. This eventually lead to his biggest success, or his “baby,” Clickbooth, which outsources monetization via social or affiliate marketing.

Today, however, Lemp is playing the native advertising game with his latest project, Revcontent. The company has skyrocketed in its two years of operation, earning more than $200 million in revenue since its launch...

Innovate WNY: PostProcess

Great story on Bright Buffalo Niagara 2016 presenter, PostProcess!

by WGRZ Channel 2 News

The design and printing aspects of additive manufacturing usually occupy the headlines of news stories, but there's another element to 3D printing that has been overlooked to by entire industry,
The post processing of printed parts.
A Buffalo-based startup is the only company in the world right now creating the tools and workflow to truly finish a 3D printed part.
“We’re a homegrown company with homegrown responsibilities, roots and workforce,” said Post Process founder Daniel Hutchinson.

Here’s the problem with 3D printed parts, many require some sort of support to maintain its structure during printing, but the removing those supports can be tedious and make it cumbersome for manufacturers to print large volumes of parts...

Bright Buffalo Niagara expo gives boost to entrepreneurs

By Stephen T. Watson via The Buffalo News

The founders of Angiograft have come up with a way to make artificial blood vessels for people with heart disease.

IfThen helps nonprofits set up automated donations during times of need, or when they have goals to meet.

And Thimble is a monthly service that ships do-it-yourself electronics kits to teach subscribers how to build toys they can control with a smartphone.

The founders of these and 29 other companies got the chance to tout their ideas to a panel of judges – and a roomful of fellow entrepreneurs, academics and potential investors – at Wednesday’s Bright Buffalo Niagara entrepreneur expo, held at the Hotel @ The Lafayette...

5 mistakes to avoid when you launch a new business

by Dana Manciagli via Buffalo Business First

Entrepreneurs, whether new or experienced, often make critical mistakes when starting a new business. Some of these are so serious that their startups are essentially dead on arrival.

That’s clearly bad for them, but it could be good for you if you too are a budding entrepreneur just itching to start the business of your dreams. Learn from their mistakes...

4 DIY Marketing Tips for Empty-Wallet Entrepreneurs

by Maria Dykstra via

I love asking emerging entrepreneurs if they have a lead generation strategy. The typical response is: “We are bootstrapping, we can’tafford strategy”.

#WhatYouAreReallySaying: “We don’t know what to do to build a strategy, and we don’t have the money to buy expensive consultants.”

The dilemma for the do-it-yourself entrepreneur is that you can’t afford to waste money on the things that do not work, yet you have to get something working for you -- quickly and with little expense. What to do...