First | Prev | Page 1 / 1 | Next | Last

The Top Five Things I Wish I Had Known as a Young Entrepreneur

Posted 4:00 AM by
Presented at an occassional meeting of the IceMen Club, April 16th, 2009Nobody readsSpreadsheets are just fantasies that appear real.You will be doing this for a long time - get the basics right: HR, CRM, People, Accounting, Legal, IP)Cost of Sales will be much higher than you imagine (Changing minds costs more than you think.)It will be much harder than you think.More I thought of later...You'll have to fire your friends - or wish they would leave.The Top Five is the new Top 10 Because nobody reads.Keep salesmen on a very short leashYour website is your company Why your message needs to be short . . . very short:They say "You can't tell a book by its cover."  Why is that... Read more →
| comments (2)

New Beginnings

Posted 4:00 AM by
Life is a series of new beginnings. Every day is a new day or a chance to start over. Many of us go through our days, weeks, and years doing the same thing day after day, but if we stop and think about it we have a chance everyday to move in a different direction if we so choose. For entreprenuers that constant change becomes so natural and commonplace that we sometimes forget to take a step back and look at the big picture. We need people, mentors, organizations in our entreprenuerial lives to help us take a step back and not get in the rut of working in the business. In 2012, four local organizations merged into one and the journey has been long... Read more →
| comments (1)

Writing for the Entrepreneur

Posted 4:00 AM by
Communication should be like messages in a bottle. Every word precious - not enough paper and not sure of the reader's ability to digest your message.  Writing Rules: 1. Short: nobody has time to read your stuff 2. Simple: A complicated message is hard.  Nobody is looking for something hard to do. 3. Selfish: Always answer the question: "What's in it for me?" from the perspective of the reader Reposted from with permission.  Originally posted August 2008.... Read more →
| comments (0)

Entrepreneur's Christmas Pony Story

Posted 4:00 AM by
There was once a young entrepreneur who lived with cruel parents and insufferable siblings.  The parents and siblings were always playing tricks on him.  On a certain Christmas, they conspired to play the most cruel trick of all. The young entrepreneur came downstairs early that Christmas.  He was delighted to find stockings stuffed with presents for his siblings - and one apparently well stuffed for himself - hanging from the fireplace mantle. He raced to the fireplace, unhooked the stocking, and gazed into the stocking with anticipation and delight.  He found no toys, there was no candy there.  Rather, he found a warm pile of horse shit puddled at the bottom of the stocking. A smile grew on his face from ear to ear; he began to... Read more →
| comments (0)
First | Prev | Page 1 / 1 | Next | Last
From The BlogView All

1. Fail spectacularly

2. Success spectacularly

3. Change the economic climate of their neighborhood, city, country or world

4. Dream and act outrageously

5. As Teddy Roosevelt would say: "..knows great enthusiasms, great devotions"

6. Rise every morning with a belief that today can be the day. (See the Entrepreneur's Christmas Pony Story.)


Kim Brand


Written by Kelly Young, president, Baise Communications


Earlier this month, I found myself sitting around the table with some very smart, creative and talented women as part of the Central Indiana Women’s Business Center (CIWBC) Support Circles. This yearlong program is designed to serve as a forum for women to discuss issues that affect women in business – a program for women, led by women. The Indy Chamber best describes it as “a year-long program of women supporting women for leadership and growth.” I’ve offered to write about our monthly sessions because I believe the information is going to be worth sharing.


Friday’s topic was “authentic communication and getting/receiving feedback.” Some of us in the group are business owners, some are managers and directors, so our approach and examples varied, but what remained the same was our need to communicate effectively and efficiently whether it’s with other employees or clients.


My three top takeaways worth sharing:


1.     Build relationships: Develop a relationship first with the person/people you are communicating with so you understand and respect their communication styles. Men and women are different, yes; but no matter our gender, we all want to be seen, heard and valued.

2.     Gain awareness: Keep in mind, there’s always something bigger going on. Before communicating, first understand and be aware of what’s going on around you and around the person you’re communicating with, receiving feedback from, or giving feedback to.

3.     Show up: Ask the question “how do I want to show up today?” to help you be a better communicator. It sounds like a simple question to ask, but it may be harder to answer.


Our 90 minutes went too fast – and next month seems too long to wait to get together again. Until then though, I look forward to putting into practice what we discussed. Most importantly, I look forward to finding the best way for me to be a more authentic and present communicator – personally and professionally.



One of the questions we get most often from BOI/CIWBC clients is "What is the best way to fund my idea?"  This is the age old question that has been the challenge of all entrepreneurs since time immemorial.  There are many options:  traditional bank funding, microloans, angel investors, venture capital, and "bootstrapping" your business through slow growth without debt.  In addition, crowdfunding has become an increasingly popular way to get the money you need to take your business to the next level.

The Jumpstart Our Business Startups Act (JOBS Act) was signed into law in 2012 and changed the rules regarding crowdfunding.  Crowdfunding is defined as "the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet."  Before the law was passed, investors had a long list of rules and regulations that they needed to adhere to in order to protect them from bad investments.  The JOBS Act loosened those regulations so that anyone can invest in the small business or idea that they believe in.

This recently published story from PBS NewsHour answers a lot of questions about crowdfunding.


In addition, this blog post from of the Huffington Post asks the important question "Will the JOBS Act Actually Create Any Jobs?" by outlining some of the potential risks of crowdfunding.

What this means to you, the entrepreneur, is this:  Do ALL your homework.  Look at all your options and explore your funding needs from all angles.  The old adage "if something is too good to be true, it probably is" tends to hit home more often than not.  You may be able to get started with less money than you anticipated.  Always seek the advice of someone who is not emotionally or financially invested in your business - like one of BOI's Business Coaches - to help you make these life/business altering decisions.

For help with your business, call: 317.464.2258

111 Monument Circle, Suite 1950, Indianapolis, Indiana 46204 (serving Central Indiana)
© Copyright 2013 Business Ownership Indy
Website Design and Content Management powered by Marketpath CMS