Is a Business Plan Necessary?
Welcome to video Fridays from The Start Up Garage A place where Tyler Jensen, The Startup Garage’s founder, answers questions directly from our viewers. Key Take Aways From Video: 1. When starting a business you will almost always want a business plan. 2. Even if you do not need investors or a business partner, a […]
How to Define Your Target Market
When it comes to defining your target market in the business plan you should have the following two questions in mind: Who is benefitting from the problem that my product/service solves? Am I demonstrating that a significant market opportunity exists for this product/service? Many entrepreneurs tend to focus on one of these questions but do […]
How to Write a Business Plan
A business idea is not enough to build a successful business. Ideas are everywhere, but successful businesses are not. The difference lies in having a solid business model and business strategies around your great idea. The best way to do this is to complete a professional business plan. The business planning process provides structure and […]
3 Games To Help You Generate Business Ideas
Generating a business idea takes creativity. Fortunately, we can exercise our creativity like a muscle. And it can even be fun. Try these three games to inspire new ideas. Who knows, it might lead to the next million-dollar startup! 1. Mix and Match What two products could be brought together for the first time to […]
I Have a Great Idea, What’s Next
You have a great idea and want to start a business, so now what? One step I like to recommend to new entrepreneurs is that you start with a self assessment. The idea is for you to learn more about yourself, your personal and financial goals and how committed you are to getting your business […]
Social Media for Startups
The global social media frenzy continues to gain momentum each and every day. The impact that social media popularity has had on the business world is immense. Most startups and existing companies can no longer justify staying away from the trend because the benefits are too many. We will discuss these benefits and provide some […]
Beaches to Business Plans: A Market Pulse Interview with CEO Tyler Jensen
Serial Entrepreneur and CEO of The Startup Garage Tyler Jensen speaks with Market Pulse on ESPN 1700 in San Diego. Tyler was invited to talk with Market Pulse for their weekly “Words of the Wise” segment. In this hour long interview Tyler talks about his first business, his journey in the launch, growth and sale of VaVi Sports […]
Driving Economic Development with Inclusive Business
An Inclusive Business is a business model that strives to benefit the community by directly including low-income populations into their business cycles, whether as producers or consumers of the good or service. It is a strategy that aids a large and often forgotten section of the community through social initiatives while still fostering business growth […]
Things to Consider for a Non-Profit Business Model
Not all business ideas fit squarely in either the for-profit or non-profit realms. Deciding which business model to pursue requires some consideration of your specific situation, including your access to both financial capital and human capital. The most significant benefit to starting your business as a non-profit is the ability to turn your altruistic vision […]
What is a Non-Profit?
The purpose of a non-profit is to bring together a group of people that share an idea to change the world and that unite under a common goal for the specific change they seek. Unlike the perception of a non-profit as a hippie volunteer operation, a non-profit business model is a great way to make […]
