The United States ranks No. 1 out of 138 countries as the best environment in the world for being an entrepreneur according to GEDI’s 2017 study. CNN and the Kauffman Foundation report that hundreds of thousands of new companies are started each year and approximately 6 percent of U.S. adults claim entrepreneurship as their main source […]
Topic: Manufacturing
5 Things to Know about Manufacturing in the U.S.
If you’re considering manufacturing a product, you should be aware of your options before defaulting to overseas factories. Here are five things to know about U.S. manufacturing so you can make the best decision for your business: 1. It’s not as expensive as you’d think There are a lot of bottom-line benefits to keeping your […]
How to Choose from Product-Sourcing Options
What things did my startup CloviTek consider for our CloviFi product sourcing? There is no right or wrong solution to this question. However, putting the goal that CloviTek was trying to achieve and then looking at different options available for sourcing its product CloviFi Wi-Fi audio transmitter, it was a good start. As the result, […]
5 Tips for Manufacturing in China
If you are wanting to manufacture a product in China, here are five things you should know before you send the order: 1. Relationships are everything The Chinese culture is heavily based on relationships. To have a successful experience working with any manufacturer in China, you will want to make sure your relationship with them […]
7 Tips for Startup Success from a College Entrepreneur
This isn’t a step-by-step guide to starting your first company; there are a million self-help books and TED talks with people who will tell you their “guaranteed method” to starting a million dollar company. But rather it’s a collection of the most important lessons I learned in my experiences as a college entrepreneur that I […]