Young Entrepreneurs
  • In the initial stages of any business, there is a chance that you will see very rapid growth in the number of employees that you have. While this can be an exciting time, it can also be very stressful and frightening. Team members might come directly to you for advice and guidance because you have the overall vision about what needs to be done.

    Your first instinct might be to keep them at arm's length, but it is your job to inspire and manage the team. Here are some ways that you can help empower your employees and give them the tools necessary to become the successful individuals that you want them to be. Don't tell them to get off your back -- urge them to join you!

    1. Respect the individual. Each person on your team has their own set of skills and experiences. And if you are a young or first-time entrepreneur, chances are pretty good that you're going to be guiding people who are older than you. Don't see this as a challenge, but an opportunity to use their experience and knowledge

    Read More »from 4 Ways to Lead Your Employees Toward Success
  • The early years of a startup can be chaotic and desperate. Even a great idea needs capital to get off the ground. In the beginning you need cash, so you chase every opportunity. You say “yes” to anything and everything because you need clients; you need investment; you need to turn your idea into an actual business. You are excited and you want to grow, so everyone who offers you money is a potential client, a potential investor, someone you need.

    Unfortunately, every thoughtless “yes” leads you further into a trap. Too quickly you’ll take on too many things. You’ll have differentiated into too many products, options, and services, in an effort to please anyone who shows even a hint of interest in your company. In a few years, your company is just okay at a whole bunch of things instead of great at a few.

    Saying “yes” disrupts your focus.

    When you started your business, you probably had one great idea. You knew what you wanted to do, what kind of business you wanted to have. There was

    Read More »from Focus: The Most Important Quality Your Startup Needs
  • Remote Meeting ManagementThe way teams work and collaborate is changing. Consulting, remote workforces and outsourcing are all on the rise. Even if you operate a team that is technically based in the same physical office, it’s becoming more and more common that your clients prefer to communicate in a virtual manner instead of in-person meetings due to time constraints.

    One of the biggest issues that has surfaced around remote work is how to handle meetings. How do you communicate effectively when the meeting is with teams that are several hundreds or thousands of miles away instead of face-to-face in the conference room? How do you ensure that your employees are a part of the meeting instead of just following directions?

    Below are seven strategies and techniques that will make your next virtual meeting just as effective as its in-person counterpart.  After incorporating these tips, you may actually find that you prefer remote meetings, too -- even if the other party is accessible for an in-person meeting:

    Read More »from 7 Tips for Running a More Effective Remote Meeting
  • Lonely BusinessPeople often say that if you make it five years in business, you’ve beaten the odds. What they don’t often share with you are the things that happen in those first five years that contribute to the high number of people whose businesses don’t make it.

    I’m here to tell you about the personal hardships you’re likely to face in the early stage of business ownership. If someone had told me about these, I might have saved some tears, prevented an early wrinkle and lowered my blood pressure. These tips are straight from my personal experiences starting various companies in the past five years:

    1. It's lonely. Whether or not you have a partner, it can be lonely starting a business. Your hours will become nontraditional, you may be working out of your home or in a small office, and you will focus your attention on work. None of these factors make for a great social life early on. Realize that this stage is temporary and try to make time for people who have been there before. They can demonstrate
    Read More »from 20 Things People Won’t Tell You About Starting a Business
  • Brad Hunstable, Ustream’s founder answers questions via live chat

    Got a question for Brad? Use the chat feature below to get it answered live.










































    Brad Hunstable founded Ustream more than six years ago with a vision to bring live broadcasting technology to the entire world; Ustream was originally created to connect military service members to family and friends across the world. Since then, the company has established itself as a socially-fueled communications platform for businesses, non-profit organizations, and individuals of any size to easily reach an infinite audience and share experiences in real-time.

    Brad serves as Ustream's CEO and has grown the company to more than 250 employees and 80 million users globally. He has been ranked among 50 "Digital Power Players" by the Hollywood Reporter and on Variety's Producers Guild of America's Digital 25: Visionaries, Innovators and Producers for his work at Ustream. Brad is a graduate of the United States Military Academy at West Point and holds an MBA from The Ohio State University.

    The Young Entrepreneur

    Read More »from Brad Hunstable, Ustream’s founder answers questions via live chat
  • Announcing a live chat with Ustream Founder Brad Hunstable

    Brad HunstableUstream Founder Brad Hunstable will answer questions from readers at 3 p.m. ET (12 p.m. PT) here on Thursday, December 19th. As part of the Young Entrepreneur Council’s #StartupLab initiative, a virtual mentorship program, Brad will appear live via video chat broadcast on this site.

    Brad Hunstable founded Ustream more than six years ago with a vision to bring live broadcasting technology to the entire world; Ustream was originally created to connect military service members to family and friends across the world. Since then, the company has established itself as a socially-fueled communications platform for businesses, non-profit organizations, and individuals of any size to easily reach an infinite audience and share experiences in real-time.

    Brad serves as Ustream's CEO and has grown the company to more than 250 employees and 80 million users globally. He has been ranked among 50 "Digital Power Players" by the Hollywood Reporter and on Variety's Producers Guild of America's Digital 25:

    Read More »from Announcing a live chat with Ustream Founder Brad Hunstable
  • Sharam Fouladgar-Mercer, AirPR’s CEO answers questions via live chat

    Got a question for Sharam? Use the chat feature below to get it answered live.










































    Sharam Fouladgar-Mercer is the CEO of AirPR, a company he co-founded in 2011. He was an Entrepreneur in Residence at Shasta Ventures focused on consumer internet and the social graph. Prior to joining Shasta, Sharam was a Senior Associate at Sierra Ventures focused on consumer internet, enterprise software (cloud computing / virtualization), and mobile. He served as a Board Observer at Makara (sold to RedHat) and TouchCommerce. Sharam began his career as a technologist at Appian, a BPM software startup where he managed the first enterprise wide tracking system for the Department of Homeland Security. Sharam graduated with honors with a BS in Computer Science from Princeton University and an MBA from Harvard Business School. He played NCAA D1 ice hockey and is fluent in Farsi.

    StartupCollective is a free virtual mentorship program created by the Young Entrepreneur Council (YEC), an invite-only organization

    Read More »from Sharam Fouladgar-Mercer, AirPR’s CEO answers questions via live chat
  • Sharam Fouladgar MercerStreaming live on Yahoo Small Business Advisor’s Young Entrepreneur blog AirPR CEO Sharam Fouladgar-Mercer will answer questions from readers at 3 p.m. ET (12 p.m. PT) Thursday, December 12th. As part of the Young Entrepreneur Council’s #StartupLab initiative, a virtual mentorship program, Sharam will appear live via video chat broadcast right here.

    Sharam Fouladgar-Mercer is the CEO of AirPR, a company he co-founded in 2011. He was an Entrepreneur in Residence at Shasta Ventures focused on consumer internet and the social graph. Prior to joining Shasta, Sharam was a Senior Associate at Sierra Ventures focused on consumer internet, enterprise software (cloud computing / virtualization), and mobile. He served as a Board Observer at Makara (sold to RedHat) and TouchCommerce. Sharam began his career as a technologist at Appian, a BPM software startup where he managed the first enterprise wide tracking system for the Department of Homeland Security. Sharam graduated with honors with a BS in

    Read More »from Announcing a live chat with AirPR CEO Sharam Fouladgar-Mercer
  • David Gardner, ColorJar Founder, answers questions via live chat

    Here are the highlights from the live chat with David Gardner.




    David Gardner is the Co-Founder of ColorJar, a digital agency that specializes in positioning strategy and creating custom websites and apps. David was honored at the White House in 2011 as one of the Empact100 'Top 100 Entrepreneurs Under 30 Years Old'. In 2013, David was elected a World Economic Forum Global Shaper. He is a mentor for Tech Stars Chicago and Impact Engine and speaks nationally on positioning strategy and entrepreneurship at places like Google, IBM, Notre Dame, and C-E-O. He previously founded an India-based startup that received an acquisition offer from AOL. David was an All-Ivy League basketball player and two-time team MVP for Dartmouth, and went on to play professionally in Germany.

    The Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world's most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship

    Read More »from David Gardner, ColorJar Founder, answers questions via live chat
  • Ultimate Guide to Delegation

    Delegation

    How often do you find yourself complaining about how busy you are? Stop to think about it. Contrary to popular belief, work overload is not necessarily a badge of honor. It’s a sign that your team is potentially mismanaged — that you’re hoarding work while your direct reports are hungry to learn and grow into new responsibilities.

    It doesn’t matter whether you’re a CEO, middle manager, director, or team leader. You need to get comfortable with delegating. In addition to delegating work, it’s equally valuable that you delegate leadership responsibilities and strategic vision.

    It sounds scary, but you know what? Your team is more than capable of making great judgment calls. That’s why you hired them. If they make mistakes, they’ll bounce right back. Plus, they’ll love you for the encouragement and for pushing them forward.

    Utilize Your Resources Optimally

    Teams are powerful — there’s strength in numbers, but there’s also power in diversity. Don't be afraid to use the four magic words in

    Read More »from Ultimate Guide to Delegation

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