Top Sites for Daily Business Topics

The field of business is awash with innumerable sites that aim at offering informational materials regarding the subject matter of business on a day to day basis. Of all the innumerable sites of this kind, the following particularly stand out:

TOP SITES FOR DAILY BUSINESS TOPICS

A few of the best sites for learning the nuts-and-bolts of daily business topics are:

Harvard Business Review

The Harvard Business Review is a wholly owned subsidiary of Harvard University. It is published six times annually and covers a range of topics that are pertinent to management, industries, organizational changes, finance, marketing, business strategies, and so on.

The Economist

This is an English language weekly publication. Its format is that of a magazine and it is owned by the Economist Group. It features the opinions, news, features, analysis, and forecasts of various personalities within the business world as regards pertinent issues surrounding the entire subject matter of business.

Businessweek – Bloomberg

Founded in 1929, this American weekly business magazine is published by the Bloomberg L.P. Its articles and publications are generally aimed at providing and interpreting information about the goings-on in the business world. It also ranks the MBA programs of America’s post-graduate business schools and America’s undergraduate business programs yearly.

World Economic Forum

Headquartered in Cologny, Switzerland, the World Economic Forum is a not-for-profit international foundation whose mission is to improve the state of the world by bringing together political, business, and academic leaders to shape global agenda. It does publish information concerning business climate, global economy, investments, trends, and so on from time to time.

Forbes Magazine

It is an American-based business magazine that is published twice a week. It mainly covers information and trends concerning industry, finance, marketing, and investments. Its flagship publication is the annual rankings of the world’s wealthiest individuals and corporate entities. It is by far the most authoritative of all the business publications.

And for Fun… TriviaBliss

The site has thousands of questions and answers about business and in other categories.  It won’t be as helpful to your business acumen as the other sites, but it will be a lot more fun and you’ll still learn a few things.

FINAL VERDICT

As has already been hinted earlier, there indeed exist innumerable sites that offer business tips. The afore-listed sites are therefore by no means exhaustive and should hence be treated as means to an end rather than an end in itself.

Advertisements

What’s the best number of founders for a startup?

You might have heard it before that a startup’s team play a major role when it comes to luring investors. The startup team will determine whether investors will beck the project or not. Many investors have alleged that it’s the founders themselves who can make or break a pitch. And therefore, in this article, I have compiled views on what the experts say about the ideal number of founders to have in a startup, this is based from investors’ point of view.

We have those who say zero, one, or three. But most say three is the most ideal number. While others say that the number can go up to five. Some dispute that five are too many. And it’s because of this that I was able to sample about the pros and cons of either having a bigger/smaller team of cofounders.

For those who put the number at one, two or three, they argue that for a smaller number, the process of decision making in startups becomes fast unlike when they’re many.

But definitely many people say above five is definitely wrong. They allege that five are too way many, too dilutive and very hard to manage.

We have companies such as Backblaze which started in 2008 with five confounders and it has been doing well to this moment and all the five confounders are still running the company to this day.

However, we have companies which have not been able to survive with large number of cofounders. A good example is Excite-this company became the 4th most popular website in the late 1990’s, but it later ran bankrupt in the year 2001; this can also mean that a bigger number can be terrible!

Some of the pros and cons of having cofounders:

Pros

You’ll have a shoulder to lean on when things go bad

You’ll have time to break and rest

You’ll end up sharing a variety of ideas

Everyone will come in with different skills

There will be total commitment amongst cofounders

Cons

Long decision making process

Dilution-means you will have to share in half.

Below are some of the links where you can get the experts’ views:

https://www.quora.com/How-many-founders-is-best-for-a-startup

disrupt-africa.com/…/investor-talk-how-many-co-founders-is-an-ideal-startup-team/

https://www.startupcfo.ca/2014/11/many-co-founders/

How to raise money for your business other than venture capital

You may have up with a nice business idea? Great! But now you need a startup capital- this is the initial amount of money to actualize your business idea. And from there, it becomes challenging on how you’ll be able to go about it.

If you’re just starting out, many traditional lenders will not agree or be interested in funding you. But if you are just determined to put your idea into practice, then this should not be problem at all. We have various ways from which you can be able to raise money for your startup business other than the venture capital, they include:

  • Borrowing from your family members- these ones can be able to chip in so as to help you actualize your idea.
  • You can also decide to sell some of your most valuable assets such as TV sets, House Couches, Music system etc.; as long as the money won’t be going to waste, then you’re just justified.
  • You can also maximize out of your own credit card; and lastly,
  • You can ask for loans from your loved ones and friends.

These four ways can enable you get that startup capital for your business idea without necessarily getting funded by investors or getting a loan from traditional lenders. However, one thing you must put in mind is that there will be a lot of risks involved, such as running bankrupt with your own personal finances and also having a sour relationship with some of your friends and family members. Thus, you should be prepared for any eventuality.

Do you have to be based in San Francisco to raise venture capital?

Today, the venture capital investment has gone global and is now spreading to other countries such as India and China, but the most dominant metros still remain the US cities that combine density, big universities, and the great minds and tolerance which is needed to attract talent all over the world. The US is the most dominant country globally in terms of venture capital, and it accounts for nearly over 70%(68.8%) of the world’s total venture capital, followed by Asia in 2nd position roughly at 14.4%, and then Europe in 3rd. place at around 13.5%. When we rank the top 20 metros globally in venture capital, the US still occupies the first top 6 metros and has a total of 12 in the top 20, with San Francisco emerging as the top venture capital city in the US and the whole world at large. San Francisco has an estimated Venture Capital of about $6,471M which is around 15.4% of the share of the Global Venture Capital Investment. In the second place is San Jose which has an estimated venture capital investment of about $4,175 and this represents 9.9% in the share of the Global Venture Capital investment. Both 2 cities are in the US.

We have other cities such as Bangalore, Beijing, Mumbai, and Shanghai which have shown their ability of attracting venture investment and creating startup ecosystem, but their level is way far below that of San Francisco. This cities are still grappling with the inability of being able to attract world’s top talents.

Finally, I would like to say that you really don’t have to be in San Francisco to raise venture capital, but given the opportunity, then this is the best city where one can raise venture capital more easily.

Source:

A report from Martin Prosperity Institute, Rise of the Global Startup City,

https://www.theatlantic.com/technology/archive/2016/01/…venture-capital/429255/