On May 16, 2019, one of the largest tech companies in the world made its way onto the United States’ ‘Entity List.’ Huawei, a Chinese telecommunications giant, was effectively restricted from doing business with any U.S. company. In one fell swoop, one of the leading multinational technology companies and major players in the 5G arena -- not to mention the second largest smartphone maker in the world -- was blacklisted from the entire U.S. market. The President’s latest move to reverse the ban may lead to an initial reprieve, but it’s likely that we’ll be going down this road again. In this post, 1871 CEO Betsy Ziegler looks at the battle for tech dominance between the U.S. and China and how it impacts global innovation.
Defining your business’s purpose, both within the company and in the eyes of the public, is an essential part of building your startup. This is the time in which you are finding your moral compass, recruiting a team, and crafting a company culture that can succeed. If your new company is to survive, you need to know what it is, as well as what it stands for and why it exists. In this guest post, Manish Dudharejia, Founder and President of E2M Solutions, takes a look at why you need to tap into the purpose of your startup if you truly want to thrive.
In this guest post, Nicole Weldon, Regional Senior Vice President at Truss and a mentor at 1871, shares a number of tips on how you can pick the best space for your organization, mission, and vision. Join her on July 16 at 1871 for a lunch and learn to hear more about how you can compare coworking and office spaces like a pro.
Learning to balance work and home life is an ongoing challenge, especially for new entrepreneurs and business owners. Having the passion to start and build a business makes it hard to take time off or step away from your desk. While this mindset can be valuable, a lack of work-life balance quickly leads to burnout. In this guest post, Jessica Thiefels, Founder and CEO of Jessica Thiefels Consulting, looks at how new entrepreneurs can balance work and life at home.
Alas, the Game of Thrones epic has come to its inevitable end (sigh) — but the story still has much to teach us. In this guest blog post, Laura Gayle -- Owner of Business Woman Guide -- shares a number of marketing insights that she's gathered from the show. Read on for the seven marketing messages from Game of Thrones!
It is the nature of setting up a new business that some activities will be neglected in the early stages, usually down to the dual restrictions of time and capital. As a small business owner, you are constantly having to make big decisions regarding what is considered vital, and what can be considered superfluous – at least in terms of that initial stage. In this guest blog post, Emily Marchant, Marketing Manager at AcademicBrits and OriginWri
Entrepreneurship is never easy. You start small - small resources, small team, small budget - but a big idea that could change the world. This is usually the case and although it’s not fair, it’s the reality of the world we live in. Along the way, you have to be careful about how you navigate and scale. In this guest blog, Harry Conley of Lucky Assignments, shares his tips from experience on how you can avoid a number of common startup mistakes.
Starting a business can be the hardest journey taken in life. While most of the conversations center around outside funding to make that journey easier, it can be worth exploring funding the business with customer revenue. Even though it is not as sexy, it can often lead to a more sustainable business. In this guest post, 1871 alumnus Jamie Johnson -- Founder and CEO of Verde Energy Efficiency Experts, which helps companies find, implement, and maintain energy-efficient solutions, shares his insights on how you can effectively bootstrap your company.
As a startup, your first customers have very few incentives to trust you or to return for further purchases. Why should they? You still need to establish your image as a brand and build a faithful following. Until then, you’ll have to work extra hard to earn repeat customers. In this guest post, Manish Dudharejia, Founder and President of E2M Solutions, shares a few tips on how you can establish brand loyalty with your first customers.
In today’s corporate society, a winning culture is everything. Company culture is the personality of the organization; it defines the environment in which employees work and establishes a standard for values, ethics, and expectations. In this guest blot post, Marie Johnson of Enlightened Digital shares a few tips on how you can create a positive company culture.