By Dileep Rao – Guest Contributor The current thinking in high-potential venture development, and what many business schools teach, is mainly focused on the opportunity and venture capital method. This thinking has popularized pitch competitions and led to the concept of the minimum viable product (MVP). When strategy is considered, […]
Strategy
How do you create strategic growth? We have some advice on that.
Why is business growth seemingly more and more difficult to achieve? There’s no question companies are facing internal and external pressures more frequently than ever before, with the pace of technological change and competitive pressures, but a company’s growth doesn’t happen by accident. One reason may be the way you […]
FIU students band together to help struggling restaurants – and learn a lot about starting and growing a small business
Restaurants already have one of the highest failure rates among industries. Add to that a pandemic crisis that has dealt a huge blow to the eateries just trying their best to keep the lights on. Three Florida International University seniors — Albertina Manosalva, Analys Rodriguez and Camila Navarro – have set […]
Hiring is tough out there. Here’s some advice from the trenches.
You’re not alone, small business owners. Nearly three-fourths of small businesses expect to increase sales in the next six months yet are having trouble filling their job openings, according to a new national survey of small businesses conducted in August by PNC. Even though, nationally, job openings are at their […]
5 ways to level up as a small business CEO
Are you running your business or is your business running you? If you answer with choice 2, this story is for you. Here are 5 ways to level up your skills as a small business CEO, from Florida SBDC at FIU business consultant Yanyn San Luis, who specializes in marking, […]
Smile! Dentist achieves dream of opening affordable, high-tech clinic, with help of FSBDC at FIU
Growing up in Wisconsin, Dustin Pfundheller knew family members that couldn’t afford dental care and thought it could be cool to create a dental practice that people could afford to use. “I would always ask people why isn’t there a clinic like this and why has nobody made one, and […]
Winning in government contracting starts with your strategy
“Government contracting is a long game – you have to be approaching it with a strategy,” says George Ray III, a consultant for Florida SBDC at FIU. “If you don’t have a plan, you almost plan to fail. It’s highly competitive, I can’t stress that enough,” Fortunately, Ray has great […]
7 things we can all learn from Jeff Bezos, the entrepreneur
By Dileep Rao – Guest Contributor Note: This is an excerpt from a series on unicorn-entrepreneurs. Jeff Bezos has left as the CEO of Amazon.com, a company he built from an idea to one of the world’s greatest companies (and I am not commenting on his HR policies). As he […]
Recipe for restaurant success: Adaptability, creativity, community
The COVID-19 pandemic was tough for many businesses – that is an understatement — yet few industries felt the wallop as much as restaurant owners and their workers. But the restaurant businesses that were successful in navigating the crisis were flexible and adaptable. They were not afraid to pivot and […]
Race car driver turned entrepreneur finds winning team at FSBDC at FIU
Starting over in a new country with a business of any kind is difficult. Setting up a manufacturing company in a new country for both exports and domestic sales is even more challenging. Now throw in a global pandemic. Despite it all, Carmine Colarusso, owner of Ultra1Plus, maker and seller […]
