Archive | October, 2010

Global Entrepreneurship Week..100 Countries,40,000 events,10 million people

26 Oct

For one week, millions of young people around the world join a growing movement of entrepreneurial people, to generate new ideas and to seek better ways of doing things. Countries across six continents come together to celebrate Global Entrepreneurship Week, an initiative to inspire young people to embrace innovation, imagination and creativity. To think big. To turn their ideas into reality. To make their mark.

From 15 – 21 November 2010, Global Entrepreneurship Week will  connect young people everywhere through local, national and global activities designed to help them explore their potential as self-starters and innovators. Students, educators, entrepreneurs, business leaders, employees, non-profit leaders, government officials and many others will participate in a range of activities, from online to face-to-face, and from large-scale competitions and events to intimate networking gatherings.

Through this initiative, the next generation of entrepreneurs are inspired and can emerge. In doing so, they will begin to acquire the knowledge, skills and networks needed to grow innovative, sustainable enterprises that have a positive impact on their lives, their families and communities.

For more information and to check out events to attend in your part of the world, visit http://unleashingideas.org/

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The next big thing in fashion…and she’s only 11yrs old!

19 Oct

Have you heard of Cecilia Cassini? well if you haven’t you better pay attention because she is fast becoming a household name.

Cecilia’s passion for fashion began at the tender age of six, when she recieved a sewing maching for her birthday. While other  girls her age were busy playing with Barbie dolls, Cecilia was reading fashion magazines and teaching herself how to make beautiful dresses.

Now, at 11 years of age, she’s already an established fashion designer. She’s already dressed celebrities like Heidi Klum and Miley Cyrus and is about to star in her own reality show.

Her fashions are sold in the tony Fred Segal boutique in Santa Monica and online.

To learn more about Cecilia visit her website at http://www.ceciliacassini.com.

Where to find manufacturers!

18 Oct

  1. Alibaba screenshot

Image via Wikipedia

Are you looking for manufacturers to who can help bring your products to life?  why not try Alibaba.com. Are you looking for shoe manufacturers? or manufacturers who can work with you to develop the latest brand of makeup?. You can find a manufacturer for virtually any type of product on Alibaba.com.

Alibaba.com is the global leader in e-commerce for small businesses and the flagship company of Alibaba Group. Founded in 1999 in Hangzhou, China, Alibaba.com makes it easy for millions of buyers and suppliers around the world to do business online through three marketplaces: a global trade platform (www.alibaba.com) for importers and exporters; a Chinese platform (www.1688.com) for domestic trade in China; and, through an associated company, a Japanese platform (www.alibaba.co.jp) facilitating trade to and from Japan.

Alibaba.com also offers a wholesale platform on the global site (www.aliexpress.com) geared for smaller buyers seeking fast shipment of small quantities of goods. Together, these marketplaces form a community of more than 53 million registered users in more than 240 countries and regions.

Alibaba.com has offices in more than 60 cities across Greater China, India, Japan, Korea, Europe and the United States.

A word of caution courtesy of Allbusiness.com and Alibaba.com

When dealing with any online business, you want to make sure you take the necessary precautions to protect yourself.

Here are some tips to prevent you from being a victim of fraud.

  1. Do your homework. Don’t just take a supplier’s word to be the truth. You are ultimately responsible for your business and the deal you do, so make sure you are comfortable. Once you find a supplier you would like to do business with, Google them. Do a search on Alibaba.com forums on the Safe Trading Center. Ask other people involved in global trade if they’ve heard of them.

  2. Ask for references. When you find a supplier it will tell you how many years they’ve been an Alibaba.com member. We strongly recommend that you work with a GOLD SUPPLIER (this means they’ve been verified by a third party), but you should also ask them for references of other companies they’ve done business with in the U.S.

  3. Do a bank reference check or credit check on your potential supplier. This way you can find out if there are any outstanding problems pending.

  4. Familiarize yourself with import/export terms and laws. You don’t have to be an expert to do this, but you need to know the basics to make sure you are covered and that your goods don’t get stopped in customs. The Official Alibaba.com Success Guide by Brad and Debra Schepp is a great place to find out everything you need to know to get started.

  5. If a supplier is pressuring you to make a decision fast or send money quickly, don’t do it. This is a red flag and a quality supplier will be willing to work with your timeline. Be very careful in the payment method you select as this will make a big difference in how you are protected later.

 

 

Win $5000 in marketing and other fabulous prizes!!!!!

13 Oct

Win Over $5,000 of FREE Marketing from PostcardMania & Women PowerUp, a 3 Month Membership from ShoeDazzle.com and a Rebecca Minkoff Handbag!

PostcardMania wants to hear your story
Just for sharing, you have a chance to win an ultimate marketing makeover for your business, and a couple fabulous things for yourself.

The contest is simple. Postcardmania wants to reward women who strike the balance between work and life. As women business owners, you’ve walked the line and deserve some recognition.

It’s FREE to enter, just answer the question on their website at  http://www.postcardmania.com/fabulous/ and you are on your way to winning a fabulous prize!

Criteria:

• Must be in business for 2 or more years
• Minimum revenue of $50,000/year
• Business must be majority owned by a woman

Contest voting ends November 12, 2010 at 11:59 pm EST.

For more information on Postcardmania (our new favorite company) visit www.postcardmania.com.
 

9 Companies seeking ideas/inventions

11 Oct
bulb - wallpaper ed

Image by .robbie via Flickr

 

If you have an idea for a product, you might want to consider licensing it. Licensing is when a manufacturer already selling other products into your target market agrees to sell your product as part of their product line. They pay you a royalty on their sale of your product which is typically between 3% and 10% of the wholesale price.

Here are 9 companies currently seeking new inventions/product ideas :

KIDS/INFANT PRODUCTS

Crown Crafts infant products

Manufacturer of bedding blankets, accessories and Pillow Buddies. Nursery safety tips and shopping checklist.

http://www.nojo.com/

Dex Products

DEX Products makes life safer, easier, and more comfortable for children and parents. Makers of the popular Dura-Bib, Dex offers a variety of helpful items for sleeping as well as traveling safely and comfortably. http://www.dexproducts.com/ideas.htm

Creative Teaching Press

Creative Teaching Press publishes a wide variety of products for grades PreK–8, including teacher resource books, bulletin boards, borders, emergent readers, and charts.

http://www.creativeteaching.com/t-SubmitAnIdea.aspx

Mega Brands

MEGA Brands provides stimulating creative experiences for children and families through innovative, well-designed, affordable and high-quality products that are marketed worldwide under leading brands such as MEGA BLOKS, ROSE ART, MAGNEXT and BOARD DUDES.

http://www.megabrands.com/en/corpo/aboutus.php

HOME APPLIANCES/PRODUCTS

Applica Consumer Products

Applica Incorporated is a marketer and distributor of a wide range of small appliances for use in and outside the home. Through its operating subsidiary, Applica Consumer Products, Inc .

http://www.applicainc.com/inventors-corner/

Dial Corp

Henkel is the name behind some of America’s best-known brands. From Dial soaps to Purex laundry detergents, göt2b hair styling products, Right Guard antiperspirants, and Loctite adhesives, Henkel brands are part of your daily life. Henkel has grown rapidly in North America during the past several years and now generates about 20 percent of worldwide sales in this region.

http://www.henkelna.com/innovation/henkel-innovation-partnership-program-6085.htm

BEAUTY PRODUCTS

Goody Products

Goody Products, Inc. is part of Newell Rubbermaid’s portfolio of Beauty & Style brands.Goody is the world’s most recognized manufacturer of hair styling tools and accessories.

http://www.newellrubbermaid.com/public/Our-Company/Do-Business-With-Us/Brand-Assets.aspx

PET PRODUCTS

Coastal Pet Products

Coastal Pet Products, Inc. was founded over 40 years ago by Jim and Tom Stout. The first facility was built in 1974 and employed 10 people. At present our facility is 354,800 square feet and employs over 650 people.

http://coastalpet.com

CONSUMER PRODUCTS Sylmark Inc The Sylmark Group is a group of affiliated integrated marketing companies founded in 1998 by industry pioneers who have collectively sold nearly $3 billion of consumer products to date. The Sylmark Group is a leading developer and multi-channel marketer of innovative consumer products. http://www.sylmark.com/submit_a_product.html


Million Dollar Cupcakes!

2 Oct

TOP GIRL of the month goes to Andra Hall

For Andra Hall, entrepreneurship was a matter of medical necessity. In 2004, her 1-year-old daughter underwent a string of surgeries to correct a severe case of sleep apnea. “I did major soul-searching to come up with something that would be flexible enough to let me be there when Camille needed me,” she recalls.

Settling on her longtime interest in baking, Hall created a business plan and by 2006, she and her husband, Curtis, refinanced their house to obtain the $40,000 they needed to launch CamiCakes Cupcakes (www.camicakes.com; 404-748-4288). The money allowed them to buy secondhand equipment, create marketing materials, and put down a security deposit on the Orange Park, Florida, space they would rent.

In 2008, another store opened in Jacksonville, Florida, and a third store the following year in Atlanta. CamiCakes, named for the couple’s daughter, generated $1.1 million in revenues in 2009 and anticipates $2 million by year-end. But Hall’s path to business ownership wasn’t all sweet.

With 18 cupcake flavors—the most popular being red velvet, sweet potato, and carrot cake—CamiCakes’ rapid growth was one of Hall’s greatest challenges.

The baking began each day at 6 a.m., and the doors were open to customers from 10:30 a.m. until 9 p.m.  When she opened the Georgia store, Hall drove the 350 miles between there and the Florida stores to oversee the baking and customer service in each store and handle all the paperwork. “I was just doing too much,” the 38-year-old recalls. “And then I got really, really sick and was down for more than two weeks.”

At that point, Hall knew she had to come up with a way to make sure each store could run without her constant attention. First, over the course of two months, she created a manual of operations so each store would have the same written standard operating procedures ranging from the recipes used to the steps to take if a register went down. “I’m more of a do er, so it was a challenge to have to stop and make sure everything was clearly documented for other people to understand,” Hall says.

Next, she chose one store to focus most of her energy on. Because Atlanta was the biggest market and the store there was the most profitable, Hall moved her family there and established it as CamiCakes’ headquarters. The third step, loosening the reins, was the hardest. Hall made the transition somewhat easier by hiring from within rather than seeking outsiders to manage the Florida stores. “I had faith that they could do the job,” she says.

Courtesy of BlackEnterprise.com

BLACK ENTERPRISE is the premier business, investing, and wealth-building resource for African Americans. Since 1970, BLACK ENTERPRISE has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers.

Black Enterprise is another one of the City Girl Business Club’s favorite magazines.

New Small Business Grants for Teen Tech Entrepreneurs!!!!!

2 Oct

 

Peter Thiel

Image via Wikipedia

 

Peter Thiel, an early investor in Facebook, has launched the Thiel Fellowship to foster the next generation of tech visionaries. The new program will support 20 teenage entrepreneurs under 20 years old with grants of up to $100,000. The cash grants will be used to further their innovative scientific and technical ideas.

In addition, over a two year period, Thiel’s network of tech entrepreneurs and philanthropists—drawn from PayPal, Facebook, Palantir Technologies, Founders Fund, the Singularity Institute, and others—will teach the recipients about creating disruptive technologies and offer mentorship, employment opportunities, support, and training.

Though applicants may already have scientific, technical, or nonprofit ideas, the Thiel Fellowship will not be limited to those with developed innovations. Teams of up to four may also apply. Applications will be available in October and due later in the fall, with the fellowship beginning in 2011.

For more details about the Thiel Foundation Small Business Grants, visit:
www.ThielFoundation.org

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