business

This tag is associated with 1 posts

What is Risk?

By TheMoneyMaven ⋅ March 21, 2011 ⋅ 4 comments

A common misnomer we often hear is, “Isn’t that risky!?!”  Starting a business, investing in the stock market, buying and selling real estate, etc.  What you have to understand is that risk is nothing more than “unknown certainty” or lack of information.  Why is one motivated to fly 20,000 feet in the air on an [...]

Turn Your Idea into Profits!!!

By RedMaven ⋅ November 22, 2010 ⋅ Post a comment

So you have a product or service idea, but you do not know how you can get it to your customer…that is where a business model comes in!
What is a business model?
The method or process by which a business makes money, or the way a business extracts economic value for its products or services. A [...]

MAGIC can Help Your Business…

By RedMaven ⋅ February 24, 2010 ⋅ Post a comment

In an earlier post we suggested that you check out HBO’s new series “How to make it in America” which basically shows the experiences Ben and Cam (the main characters) go through while turning their ideas into a profitable business, specifically, a high end denim (jean) line.
How does this relate to MAGIC? I am so [...]

How to Separate the WINNERS from the losers

By RedMaven ⋅ November 14, 2009 ⋅ 2 comments

Which of the 4 components in a startup business is more important?

The Team
The Product or Service
The Business Model
The Market

Take your time…you do not have to answer right away. Pretty tough eh??
I know, as a serial entrepreneur and budding venture capitalist I have learned a few things about startups. If you would have asked me this [...]

Maven IG Profile: Jessica Carter

By RedMaven ⋅ April 6, 2009 ⋅ Post a comment

Name: Jessica Carter
Age: 22
Company Name: First-Bite
Date Started: March 1, 2009
Maven IG: How long have you wanted to start your own business? I’ve had other ideas for businesses (that still may come later) for a few years now. The blog idea just came about at the beginning of the year.
Maven IG: Why did you choose the [...]

Which Business Entity is Right for You?

By RedMaven ⋅ March 21, 2009 ⋅ Post a comment

OK, so you want to start a business, but you’re not sure about what business entity you should operate your business under. Do not worry, not being sure is a good sign that you know there are pros and cons for each business entity choice. Lets review your options:
* Sole Proprietorship [...]

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