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Validating New Business Ideas
So you have a great idea. Let’s assume that the idea is the basis for a new business concept. To validate or test the feasibility of the new idea, I recommend starting with the customer and working your way back to the company or idea sponsor and ultimately reconciling with the investor. The acid test…
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1 in 3 California teens unemployed
According to the Orange County Register, California’s recession has been particularly hard on younger workers with the unemployment rate for those ages 16 to 19 hitting 33.2% in January, reports the state Employment Development Department. California unemployment ages 16-19 Month Unemployment Jan. 2010 33.2% Dec.2009 32.8% Nov. 2009 32.4% Jan. 2009 25.2% Teens, who are…
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China is the New Silicon Valley
High tech manufacturing is big business in China. This NY Times article describes how big China’s role has become in the global technology community. Hint: that role is much bigger thank you might think. John Bradley Jackson Director Center for Entrepreneurship http://www.nytimes.com/2010/03/18/business/global/18research.html?partner=rss&emc=rss New York Times Article
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How Entrepreneurial is Orange County?
Entrepreneurship in certainly well represented in Orange County. Irvine is especially famous for being a hot-spot of entrepreneurial activities, especially in the biotech and software industries. However, where does Orange County stand on the entrepreneurship dimension compared to other regions of the country known for their entrepreneurial activities? This question is important since it can…
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Millennials Choose Leisure Instead of Work
GenMe prefers to play rather than work. According to Yahoo! News, “A new survey research suggests indeed that is the case: Large generational gaps exist, particularly when it comes to work attitudes. The findings reveal young people just entering the workforce, often called GenMe or , are more likely than their elders to value leisure…
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Why B-Schools Set Up Entrepreneurs To Fail
Check out this Forbes article that begs the question: Why do B-Schools Set Up Entrepreneurs To Fail? Or, do they really? Read this article. Then we can argue a bit. The article’s author is putting all business schools in the same pot, which kind of gets me all stewed up —- pun intended. Harvard B-School…
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The C's of Entrerpreneurship
Author Mitch Joel wrote in his book, “Six Pixels of Separation”, about the 5 C’s of Entrepreneurship 2.0. He describes them as follows: 1. Connecting- Reach out now to people that matter. 2. Creating- Create content with text, images, audio, and video to grow the business 3. Conversations- It is an online world and everybody…
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Hispanics Embrace the Web
According to web researcher Nielsen/NetRatings, “Hispanics represent the fastest growing ethnicity on the web”. Some analysts have previously characterized Hispanics as slow adopters of online services; new survey data indicates a dramatic change. While Caucasian web users remain 90% of the marketplace, Hispanic web users in the US are growing faster than previously thought. Nielsen/NetRatings…
CSUF Conrey Center for Entrepreneurship
Concept to Launch to Growth