Garage Entrepreneurs

If you’ve been following the Garage Entrepreneurs Business Planning Blog Series, we’ve taken you through generating an idea, assessing good ideas, and validating your idea – now it’s time to get operational. The majority of businesses never raise capital from a venture capitalist or angel investor – in fact, VC’s and angels fund less than 1% of businesses. However, this does not mean that you have to be in this 1% in order to become successful. From the INC. 500 list […] Continue Reading Garage Entrepreneurs Business Planning Blog Series: Part 4 (Prove and Get Operational)

So you’ve found an idea that you feel comfortable with and done a bit of research to decide if this is worth taking to the next step – next you’ve got to validate your idea. Having a great idea isn’t what makes great new businesses. No one ever got rich from a great idea; they got rich from turning that idea into a profitable business. In addition, no investor will give you money for a good idea – you’ve got to […] Continue Reading Garage Entrepreneurs Business Planning Blog Series: Part 3 (Validation)

Hopefully last week’s Ideation Post got you thinking about your next big business idea, or perhaps your first big business idea. But now, the next, most important question: How do you know that this idea is going to work? How do you know that you can take this idea and run with it and turn it into something great? You need to find a ‘fit’. The first (and perhaps the most important) check is the ‘gut check’: Does it match with […] Continue Reading Garage Entrepreneurs Business Planning Blog Series: Part 2 (Screening Your Idea)

Starting a business is hard work. Are you a motivated and talented individual who knows that one day you’d like to start a business? You’re not sure how to do it, or what you can be doing now to be an entrepreneur but you have a desire to try something new. In searching the internet there is no one-stop-shop, definitive place for young entrepreneurs to find start-up resources. At Garage Entrepreneurs we would like to help you start your first business […] Continue Reading Business Ideas

As a young entrepreneur you should be looking at this recession as a once in a lifetime opportunity. Dan Schawbel over at the Personal Branding Blog said it perfectly: “A good attitude is better than a bad economy.” Here’s what you can –and should- take advantage of during the recession: Interest rates –Rates have dropped to record lows. If you have a business loan that fluctuates based on the prime interest rate you’ve probably noticed that your payments have been much […] Continue Reading How To Take Advantage of the Recession

We are thrilled to be launching the Garage Entrepreneurs blog. The blog is a complement to the Garage Entrepreneurs network for young entrepreneurs to develop an idea, find potential business partners, and receive advice from business experts from around the world. Continue Reading Presenting the Garage Entrepreneurs blog!