by E.J. Dealy
Any entrepreneur worth his or her salt knows that $5,000 can go a long way towards financing a startup or giving an existing new business the firm, financial footing it needs to gain a competitive edge.
Five grand can be applied to such costs as:
- purchasing office equipment and supplies
- competitive salaries to attract the best and brightest employees to your startup
- marketing to garner attention and customers
- industry-specific software for research purposes
- overhead expenses (office space, rent, utilities, etc.)
- obtaining business licenses, legal advice, or other professional fees
Startups at every stage of the game can certainly benefit from that kind of scratch.
While guts, gumption, and a go-get-’em attitude can help launch a startup, it takes a solid strategy and nimble mind to make that startup thrive. With that in mind, The Company Corporation is offering business owners an opportunity to win $5,000 in exchange for sharing their tips for building a successful business. Every startup faces its own challenges and learns from them. In addition to inspiring other hopeful entrepreneurs with big ideas, you can help others avoid some of the pitfalls you’ve encountered in building a successful business from the ground up.
To enter, simply submit your name, email, and company name along with five tips and/or lessons you learned from launching your business to The Company Corporation. Your information and advice will appear on their website, Incorporate.com, along with other business owners. The contest offers more than a chance to win $5,000: It gives businesses an opportunity to have their voice be heard and provide a valuable resource and knowledge bank to other startups, as well.
Learning, Teaching, and Growing: Good Reasons To Share Your Business Knowledge
The best entrepreneurs recognize that the minute you stop learning, you and your business become stagnant. Your advice to aspiring entrepreneurs — and even established business-owners — can help others learn best practices or spur them to think outside the box. What may seem like common sense or good ol’ fashioned street smarts to you and your startup’s company culture, may be a complete revelation to another person who has an idea they want to expand into something much larger.
Beyond reaching out and mentoring others by sharing your stories, offering business tips and advice gives you an opportunity to connect with other business owners in (seemingly) unrelated spheres of interest. Getting your name, your business, and sound advice puts you front and center with a community of entrepreneurs and thought leaders. Even if you don’t win $5,000, expounding upon your business life-lessons may win you invaluable networking opportunities, the admiration of your peers — or potentially your next client or business partner.
Visit Incorporate.com to enter the Five Tips for $5,000 contest today. A winner will be chosen and featured on the site in March 2014. Good luck!
E.J. Dealy is CEO of The Company Corporation, which helps entrepreneurs and small business owners with forming an LLC, S Corp, or C Corp. The Company Corporation does not provide legal, financial, or tax advice.