Here’s the low-down: some internet domain names are more popular, sought-after, and valuable than others. Successful internet domain name flippers buy high-value domains for cheap at online auctions after lots of forethought and research, then sell to the biggest bidder for a nice profit. For example, www.hotels.com was sold for $11 million in 2001.
Being a first-time entrepreneur can be challenging and nerve-wracking but also very exciting and rewarding. There is no end to the many financial, legal, staffing, marketing, and customer issues that will come up as you launch your business. And, unfortunately, there is a lot of conflicting advice out there for the aspiring entrepreneur. But here are 15 core tips to help you begin navigating the startup landscape:
Blog posts are the bread and butter of any company’s online marketing – but it gets better from there. A good blog post can be extended to an e-book, shortened into a series of videos, parceled out into infographics, and much more. Each different format gives you the opportunity to reach new prospects and build your brand’s thought leadership chops. All this and you save time.
As of October 2018 almost 4.2 billion people were active internet users and 3.4 billion were social media users (Statista). China, India and the United States rank ahead all other countries in terms of internet users. This gives a marketer an unprecedented number of customers to reach with product and service offerings, available 24 hours a day, seven days a week. The interactive nature of the internet facilitates immediate communication between businesses and consumers, allowing businesses to respond quickly to the needs of consumers and changes in the marketplace.
Carnegie Mellon has one of the most successful technology transfer records in the country and invests heavily in helping its students and faculty bring research to the marketplace. Through vehicles like the Center for Technology Transfer and Enterprise Creation and Project Olympus, an on-campus incubator, CMU is helping students blaze the notoriously treacherous path from thrilling research and bright idea to marketable product.
Jay Baer has more than 20 years of experience in digital marketing and consulting for more than 700 companies, including 30 of the Fortune 500 companies. He is the founder of Convince & Convert, which provides social media and content marketing advice. The Convince & Convert blog was named the world’s #1 content marketing blog by the Content Marketing Institute and has more than 200,000 visitors monthly.
As a bookkeeper, you are responsible for keeping track of the company’s spending to ensure that business’ financial accounts are in good order. In practice this means processing invoices, receipts and payments, completing VAT returns, identifying expenses on bank statements, repairing cash flow statements, helping to prepare financial statements and producing management accounts. Some of the most popular accounting software programmes are Sole Trader, Xero or Quickbooks.