Why the Test Drive? (ENT 655 – Week 8)

As posted in an earlier post, we will be hosting a free test drive in the beginning of June. The first question that comes to mind for most people is what is a test drive? The question that usually follows is why is it free? A test drive is an opportunity to learn as well…

Cloud is Now (ENT 655 – Week 7)

Cloud solutions and technology no longer is the future, it is the now. It is not limited to large corporations anymore. Businesses from one employee to thousands are utilizing Office or Microsoft 365. The ease of access and interactive GUI interfaces have made cloud solutions ideal for small and large business alike. Information can be…

Land and Expand (ENT 655 – Week 6)

In week one (1), I mentioned the business’ hiring of the first full time employee, a business development manager. Their primary responsibility is taking the vision of the founders and putting it into action. One of the primary task was to organize a sales team. It sounds easy but took quite a bit of thought…

Difference of Opinion (ENT 655 – Week 5)

While I haven’t seen the Avengers Endgame just yet, but I do know that the endgame for a business can be just as monumental as the movie. Exit strategies have to be a part of a business plan, but what happens when plans change? I foresee a dilemma in our strategy. The initial vision for…

Restructure (ENT 655 – Week 4)

When starting a business, I have found more times than not people establish a limited liability company. Why you ask? Some say because of personal limited liability and the flexibility it offers for their business, but just as many will think ” that’s what small businesses do,” “that’s all I need,” “that’s all I’ve ever…

Test Drive Press Release (ENT 655 – Week 3)

PRESS RELEASE For Immediate Release – 5/1/19 LOCAL ENTREPRENEUR TO HOST CLOUD COMPUTING WORKSHOP GREENSBORO, N.C. – Local Entrepreneur in their pre-launch startup is hosting a cloud computing workshop on June 1, 2019 from 10A.M. to 2 P.M. The event will focus on using Microsoft’s Azure cloud technologies for Identity and Access Management (IAM), which…

Vision to Action (ENT 655 Week 2)

Entrepreneurship is typically exciting and empowering during the vision, planning, or dreaming phase. While this phase of entrepreneurship is an integral process to the end goal, when is it time to take action? I have found through my own experiences that the plan of action seldom happens the way it was originally envisioned. As a…

A Personal Reflection – ENT 650

The demands of everyday life can cause us to be out of sync with ourselves. Since this is one of the few courses where we get to choose what we write about, I decided to interview myself. It has given me the opportunity to think, reflect, and be appreciative of how much I have learned…

Unexpected Exit -ENT 650

All to often entrepreneurs are in denial about considering all exit strategies and remain in a dream state about the best case scenario. We natural think of big buyouts or staying the business and making large sums of money month after month, year after year. The reality is that most new businesses struggle to get…

Building Your Business By Bartering – ENT 650

Finding financial funding can be difficult for any business venture, but especially in the early stages. What if there are financial opportunities right under your nose, and you just could not sniff them out? Far too often we hear big stories about businesses landing angel investors, venture capital firms, and “going public.” You may even…