A Quote by Richard Branson
I think it's important we continue to find new ways for start-up businesses to get access to funding, mentorship and business advice.
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The business of funding digging journalists is important to encourage. It cannot be replaced by bloggers who don't have access to politicians, who don't have easy access to official documents, who aren't able to buttonhole people in power.
A lot of people want to be an entrepreneur, so it's important to know that there's a lot of ways to be an entrepreneur. One of the ways is to go about and start your own business. There are also ways that you can gain experience in the context of a larger business, like raising your hand to helm a new office. As you are gaining your skills to run your own business successfully, the first way is to think about how you can do so based on where you already are.
If you talk to anyone involved in business - forget banks and big business - talk to small businesses - do it yourself, don't ask me - they'll tell you it's crippling. Small-business formation is the lowest it has ever been in a recovery, and it's really for two reasons. One is regulations and the second is access to capital for people starting new businesses.
Thanks to the FedDev Ontario funding we were able to get a number of key initiatives underway to mitigate the potential negative economic impact of the Heinz closure. With this additional funding we will continue to be in high gear within the food processing sector to continue with business retention, expansion and attraction activities in the Windsor-Essex region.
I think we've learned that the S.B.A. plays a critical role in providing access and opportunity when the market is not providing that access. We help banks get that money out into the hands of important and viable businesses, particularly those owned by minorities, women, immigrants and veterans.
I've always been business-minded. I worked in corporate America before becoming an actress and knew that acting wasn't the end but a means to an end. It gave me the platform and the exposure I needed to do my philanthropic work. It also gave me the financial security to focus on my other businesses, start new businesses, and even help other people start businesses.
I find that reading is a super important habit. It's one of the best ways to get centered, to find a new tool to play with, or to experiment with a new idea.
I think one of the big errors people are making right now is thinking that old-style businesses will be obsolete, when actually they will be an important part of this new civilization. Some retail groups are introducing e-commerce and think that the bricks are no longer useful. But they will continue to be important.
If you look at America, one of the great strengths of America is its university towns and the way a lot of their businesses and a lot of their innovation and enormous economic growth have come from reducing that gap, getting those universities directly involved in start-up businesses, green field businesses, new development businesses.
In school, you get a limited view of the world. Start working. Find your passion. Take your time doing that. Once you've found what you're passionate about, then lock down. Even if you want to start a business, it's helpful to work, see how other businesses are run.
You can invest to create the new growth business while the core business is still growing, because new business units don't need to get big fast. But when the core business stops growing, investing to create new growth businesses becomes impossible.
Cryptocurrencies are not evil and are not for money launderers and scammers. They are for entrepreneurs, technologists, change-the-world dreamers, and anyone who believes they can (and will) enable new business models, new types of organizations, and new ways to service consumers and businesses alike.
I think it's really important to realize that small businesses are often the portal for immigrants into the New York City economy. I think we have something like 40,000 small businesses that are immigrant-run in New York.
My advice is don't use technology primarily to lower costs. Use technology to create new, effective ways of touching the market and creating new businesses and if you do that right, the cost savings will come.
People generally think of technology simply as a spur to start new businesses. But the Internet has also made it possible for more businesses to compete for any given opportunity.
I think China thinks information technology is less important than we think it is in the US, economically, and more important politically. And so Chinese internet companies are extremely political, they're protected behind the great firewall of China, and investment in Alibaba is good as long as Jack Ma stays in the good graces of the Chinese communist party. Alibaba is largely copying various business models from the US; they have combined some things in interesting new ways, but I think it's fundamentally a business that works because of the political protection you get in China.
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