The United States is in the midst of a surge of small business formation. In 2022, about 1.7 million people filed to start new businesses, according to the Economic Innovation Group’s analysis of U.S. Census Bureau. That’s up more than 28% over pre-pandemic levels in 2019. Including businesses not likely to employ others, the number […]
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Time and Money Management Tips for Entrepreneurs
Editor’s Note: L’argent a une odeur
A note from our editor, Elizabeth MacBride: This week, we have stories about Cotopaxi. one of a group of companies destroying the myth that impact-oriented companies can’t grow large, and Zane Ventures in Atlanta. L’argent a une odeur This week, as I was working on a story about Too Good To Go, an app […]
Editor’s Note: Banks Gone Wild
A note from our editor, Elizabeth MacBride: The startup model proves powerful in humanitarian work, as one company helping provide income to Ukrainians shows. Nina Roberts reports. Banks Gone Wild The U.S. banking system has seen its third bank failure this spring. Monday morning, the FDIC said First Republic Bank has collapsed. JPMorgan will take […]
Silicon Valley Bank And The Tyranny Of The Commons
This post originally appeared on VC Adventure, Seth Levine’s blog. Like many of you, I’ve been reflecting on the implosion of Silicon Valley Bank quite a bit this past week, now that the initial panic has faded into a dulled sense of disbelief. Certainly, there were warnings that SVB was in trouble (most notably from […]
Angel Investors Are the Engines Of The Women’s Economy
A survey of the data on the women-led economy shows that 33% of millionaires are women and 22% of people making a $200K+ income are women. Activation is key In 2022, global venture funding totaled $445 billion, per Crunchbase. That’s a 35% year-over-year decline from the $681 billion startups raised in 2021, but as an eyebrow raise […]
Cybersecurity Best Practices for Small Businesses
There’s a new and booming market for cyber protection and cyber insurance services for small businesses. The market started to grow in the wake of some high-profile hacks that involved or targeted small and medium-sized companies. The numbers of actual attacks appear to be small, as Elizabeth MacBride reported recently. But still, a word to […]
More Americans Are Embracing Entrepreneurship
Evidence continues to build that Americans are re-embracing the idea of entrepreneurship as a career, path to wealth and a way to rebuild communities. New data on young people’s attitudes toward entrepreneurship, voters’ support for the issue and a changing legislative landscape – entrepreneurship is one of the few issues that appears to have bipartisan […]
Main Street Caught in a Whipsaw as the Fed Looks to Combat Inflation
Inflation is beginning to take a little-noticed but major toll on the small business economy, according to a new survey by the U.S. Chamber of Commerce, which found 67% of the companies it surveyed have raised prices, 41% have decreased staff, and 39% have taken out a loan. One in three of America’s small business […]
How Trailblazers Could Benefit from Executive Coaching
In this 25 minute conversation, Nate Wong, an executive coach, leading consultant in social impact space and formerly the chief strategy + social innovation officer at the Beeck Center for Social Impact and Innovation at Georgetown University. Key points covered in the conversation include: • How to tell if you’re ready to work with a […]
Problem Solved: Thinking about Shifting to a 4-Day Workweek? Here’s How One Company Did it.
A year into the pandemic, the burnout was taking a toll on Wonderlic’s employees. Staff at the company, which develops pre-hiring assessments and tools for businesses, was no longer motivated, according to its CEO, Becca Callahan. Employees who are parents and caregivers especially struggled – whether it was because kids were home doing school remotely […]