Digital business incubator Wavetable Labs launched today in Chicago. The incubator plans to recruit Founders in Residence (FIR) to help them identify and build promising new digital businesses. Wavetable’s core team will help these FIR evaluate new business opportunities, build new products, and launch and scale businesses. Many potential entrepreneurs, operating as seasoned executives or…
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Risk is one of the biggest reasons more people don’t become entrepreneurs. You can’t guarantee income while you’re starting up; and if your idea fails, you (or your investors) could lose every dollar spent building it. But what if you could effectively assess your chance at success before spending what’s needed to bring your product…
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After winning a silver medal in the 2006 Olympics, figure skater Sasha Cohen is chasing after a new badge of honor: successful startup entrepreneur. She and cofounder Scott Annan are raising $25,000 on Kickstarter for Snoxx, socks that snap together. They’re inspired by Cohen’s days on tour, when she lost tons of socks. After less…
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In the John S. Park neighborhood of Las Vegas, colloquially known to the tech startup community as #StartUpBlockLV, there is a foreclosed home that screams to be restored to its former glory. Entrepreneur Jon Sterling, along with a small group of entrepreneurs, plans to buy this house and turn it into something specifically designed for…
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Don’t have time to read? Here’s a quick but comprehensive summary of Brian Cohen and John Kador’s “What Every Angel Investor Wants You to Know: An Insider Reveals How to Get Smart Funding for Your Billion-Dollar Idea,” released in April 2013. Who should read this: Entrepreneurs thinking about raising angel funding, or in the process….
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One-hundred percent to 150 percent: that is the estimated cost of turnover as it relates to an average employee’s base salary. So, if you hire for a position that has an annual salary of $100,000, and that person leaves, it will cost you up to $150,000 simply to replace them. It only takes seven of these…
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Our inboxes are flooded with emails, some that are relevant to us and others that aren’t. Lifecycle email marketing campaigns generate as much as 9X greater results than other types. Yet, few email marketers take advantage of thinking of email in such a way and delivering the right message at the right time. Most email…
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In late 2000, I was raising a seed-stage venture fund to commercialize innovations coming from universities and federal laboratories in the Midwestern part of the United States. During that time, I attended a function at the Union League Club in Chicago. While I was standing in line to get my coat at the coat check,…
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The following answers are provided by the Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, the YEC recently launched #StartupLab, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses via live video chats, an expert content library and email…
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This past weekend, a room full of people became investors at Startup Jackpot, a startup event raising seed money for other startups. Fifteen local DC startups went head to head for a cold hard cash prize of $10,000 at Canvas, a quirky coworking space nestled in the heart of Dupont. Rather than the usual panel…
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We get it, you’re busy. You weren’t able to get to every Tech Cocktail post this week; The Masters? Do people still watch golf? Fear not, because we’ve curated the week’s top 10(ish) posts as determined by the Tech Cocktail editorial team. To get the Tech Cocktail weekly wrap-up direct to your inbox, sign up for the…
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Being a web application development company that specializes in building MVPs for startups, we come across lots of aspiring entrepreneurial initiatives. Every single one of these ventures is a brilliant idea and has the potential to take on the world. Funny though – and I am sure that it’s just a mere coincidence – that…
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Being a startup company, you need people who are not only efficient in their work but also stay with you for the long haul. They should help foster and build a corporate culture for your success. Finding the right people is always hard. Below are the fundamentals to help you get started in the right…
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The road to success is paved with failure. This will not come as news to any entrepreneur. For this reason, within the startup world, there’s a tendency to celebrate such missteps. In actuality, it’s not the failure that should be celebrated, but instead the lesson learned. That’s why today, we’ve called upon five successful professionals…
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Startups don’t succeed in a vacuum, and few entrepreneurs understand this better than RocketSpace founder and CEO Duncan Logan. Founded in early 2011, his San Francisco-based accelerator has already grown to about 130 companies, all of which are focused purely on tech. But, Duncan and his team aren’t just looking for people with good ideas. They…
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Boston-based Healthbox, a leading business accelerator that supports early-stage health care companies, kicked off its second program recently, along with anchor partner Blue Cross Blue Shield of Massachusetts (BCBSMA). The program supports innovative startup companies as they respond to continued industry demand for creative solutions to pervasive healthcare challenges. “Blue Cross is committed to bringing…
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Two months after the iPad 2 debuted in March, around 40% of users surveyed said... Read More
This post is part of Tech Cocktail’s “Healthy Entrepreneur” series,... Read More
This post is part of Tech Cocktail’s “Healthy Entrepreneur” series,... Read More
After two and half years of helping to foster entrepreneurship, the Startup... Read More
Lux Alptraum is a woman of many talents: writer, sex educator, and CEO. Her... Read More
