the ceo magazine, finance
Stacia Pierce, CEO, Ultimate Lifestyle Enterprises

There are many aspiring entrepreneurs looking for more revenue and resources, with no idea how to make it happen. I get letters every day that say, “I want to start my business—but I’m not making the money that I need to do so!” Some try borrowing from relatives and others look for investment capital opportunities. Although getting capital for your business is hard to come by these days, all hope is not lost. You can build your dream business on your own through self-funding.

the ceo magazine, small business
Thomas P. Rood, Paycheck Independence Day

Many people will tell you that if you want to get rich, you have to start your own business.  According to the SBA Office of Advocacy, in 2009 there were over 27 million businesses in the United States.  It appears a lot of people want to get rich.

Once you take the plunge and start your own business, what is your chance for survival?  According to the SBA, 69% of new firms started in 2000 or later survive at least two years and 51% of those firms survive at least five years.  In the short-term, your chances for survival are actually quite good.

the ceo magazine
James T. Carroll

When negotiating stock or other forms of equity in their companies, executives too often deal in terms of percentages: an offer letter with a new employee may promise her “options for 2% of the company” or a commercial agreement might entitle a vendor to “5% of the company’s common stock.” While the executives may find percentages a convenient shorthand for understanding the size of the “slice of the pie” being negotiated, when they deliver those terms to the company’s counsel, groans and (polite) admonishments are likely to follow.

Judd Hollas, Founder & Chief Inventor, EquityNet

Just some years ago the term “crowdfunding” was a foreign concept to many people who didn’t understand this new and alternative way to access capital. However, today the word has now become a part of the everyday business vernacular. In fact, businesses last year raised more than 5.1 billion dollars worldwide using this practice.

ceo magazine, entrepreneurship
Judd Hollas, Founder & Chief Inventor, EquityNet

The crowdfunding industry is gaining serious momentum, and with the implementation of Title III of the JOBS Act coming up next year, entrepreneurs will soon have many more options when it comes to fundraising. Title III will allow many Americans who are not considered high-net-worth individuals to invest in private small businesses and startups to own a percentage of those companies. This is going to give entrepreneurs a much larger selection of potential investors than ever before. It’s anticipated that Title III won’t come into effect until sometime next spring, but proactive entrepreneurs can take action now to be prepared to leverage this new law when it gets passed.

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Published by The 8020Strategy Group, the magazine is complementary to the highly successful CEO Show and brings highly focused topics in every issue that Entrepreneurs and Executive can readily benefit from in managing growth.