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Posts Tagged ‘NEW business enterprises — Finance’

Star-powered






The article considers celebrities who have become investors in new business enterprises in high technology industries. Among the celebrities and their investments which are discussed are actor Ashton Kutcher, who has invested in several successful enterprises including Foursquare, Spotify and Skype, basketball player Kevin Love, a co-founder of the electronic commerce firm 12Society and rap musician 50 Cent, an investor in the headphone company SMS Audio.


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Busted!

The article discusses the status of the initial public offering (IPO) market in the aftermath of the reported troubles involving social networking company Facebook’s IPO in 2012, and it provides a list of steps to take to avoid getting involved in a troublesome IPO. Several start-up companies which are reportedly headed towards the IPO stage are mentioned, including the cloud storage company Dropbox.

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Beefing up his résumé

The article discusses Terry Walsh, a former banker at J.P. Morgan Chase who left the financial industry to open a butcher shop, Sterling Goss. The article provides information on the amount of money Walsh needed to start the business, Walsh’s profits in his first years of business, and his plans to sell sausage and expand a catering business to increase revenue and growth.

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Kick-starting a business of your own

The article presents advice on starting one’s own business. Necessary skills such as marketing and finance can be obtained from courses at community colleges. Try to find a mentor from the field you want to enter. In order to obtain financing you will need to write a business plan. Potential sources of financing include credit cards, home equity loans, and credit unions.

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