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What would happen in China if the government didn't censor the Internet?

A question for tech people or those that study it: what are your top 3 possible scenarios and top 3... read more

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How does AliBaba make money when buyers and suppliers can use it for free?

From what I can see there is a premium membership i.e Gold Supplier but there is the ability to use... read more

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How is the startup culture in Singapore?

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Franchising

The One Element Your Franchise Can't Afford to Ignore

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Franchising

How Much Ongoing Support -- and What Kinds -- Should You Provide to Your Franchisees?

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Franchising

How This Pizza Company Grew to Become a Bigger Slice of the Pie

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Franchising

NBA All-Star Ray Allen and Wife Are Opening an Organic Fast Food Restaurant

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Franchising

Former Athletes-Turned-Franchisees Share Insight Into What It takes to Run a Successful Business

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Franchising

Is Franchising a Fit for You?

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Franchising

Franchise of the Day: Get a Slice of This Restaurant's Pizza

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Franchising

Want to Help Others Save Money? Check Out These 10 Tax Franchises.

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Franchising

Franchise of the Day: Make Sure Your Pup Has a Fun Friday, Too

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Franchising

The Grewal Family Franchises Together and Thrives Together

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Franchising

Franchise of the Day: This Franchise Fills Our Taco Needs All Day Long

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Franchising

Franchising Isn't Any Easier -- Or Harder -- Than Other Types of Business Ventures

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Questions

What does professional mean to you in the context of the new business paradigm that we are committed to bringing forth?

What is the distinction between professional and amateur? Where do you see your business on the... read more

Jef LippiattOwner at Startup Chucktown
Great question Nicole. I think these labels speak to the trust and execution of their skill set.Professional is:completing agreed upon work within the timelinebeing transparent and honest in information exchangesowning up to shortcomings and working to improve themthinking about improving the business / client not just the paychecktaking your ego out of the situation to let the best idea move forward (even if not yours)acknowledging that there is always more to learnProfessional is not:a suit and tiesome arbitrary number of years of experience (10, 20, etc.)an office full of cubiclesputting the paycheck before client needsagreeing with everyoneAmateur is:not being preparednot knowing your personal limitsunderestimating time and effortnot being timely with responses to clients / customersbeing passive / aggressivenot delivering quality workmissing deadlines (with no explanation and being defensive)over-promising work (especially if you don't understand it or have skills to complete it)Amateur is not:a lack of experience (they have only been doing this for a year or less)a person of a certain age (usually seen as anyone under 25 or 30)a small office / home officeThese are my thoughts. What do you think about the above?
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What are the best podcasts for entrepreneurs?

Melanie GrayOwner at MyCL (My Computer Lab)
I like http://smallbusinessbigmarketing.com/ too
Monika NewmanVirtual Secretary/Personal Assistant at Absolutely Virtual
http://markbouris.com.au/http://businessaddicts.com/https://herbusiness.comhttp://smallbusinessbigmarketing.com/http://www.marketo.com/podcasts/http://www.flyingsolo.com.au/Plus many, many more :-)
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Does anyone have experience with setting up licensing of a service based business?

I'm looking to register my IP read more

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How do I do business in the Philippines?

I sell jewelry in the US, and would like to find cheaper labor abroad in the Philippines. I'm... read more

Philip BrookesOwner at Aktiv Tactics
Hi Harry, I live the majority of the year in Philippines (my partner is Filipino and my son is half-Filipino), and we conduct business with Australian clients from offices in both Australia and Philippines. Given the way that we work and what we expect of our staff/contractors/team members, it's not an easy transition to start outsourcing to Philippines. However, it's certainly possible and, with the right management and perseverance, you can be on a winner. I don't have experience in contracting craftsmen, but I have explored the possibility before, and my view is that you need to spend some time in the Philippines visiting as many people as you can and seeing the quality of their work, getting to know them, and describing what you would expect from them. You need to emphasise repeatedly your expectations re: quality and timeliness, and you need to structure any deal with them that it is to their advantage to deliver the quality and timeliness you expect. If you pay on the basis of time, often they'll just stretch out the time and work slower. If you pay on a per piece basis, they could rush it and do a bad job. But if you can have a trusted partner in Philippines who inspects goods and accepts or rejects before full payment is made, you could potentially build up a great team.
Hitesh MohanlalDirector at WOW! Advisors & Business Accountants
HarryGood question. There is an abundant supply of labour in the Philippines but the issue will always be quality control and culture. I had a couple of people there and all my admin work is still done there. Once they know what you are after they generally deliver - it is a time consuming exercise and it can be very frustrating.You really need to understand how the people and culture work. I recommend you contact Mike O'Hagan. He runs tours there for people like yourself and is a good introduction. He can be contacted via his assistant - assistant@minimovers.com.au
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Questions

How does an entrepreneur develop a great concept, and further, then develop a great production team to take forward?

Jef LippiattOwner at Startup Chucktown
Each entrepreneur has their own process at developing concepts, however there are (or should be) repeatable steps in each and perhaps overlap in some areas with the processes of others.My Steps Process 1:Identify a gap in the marketplace (any product or industry is ripe for discoveries)How large of a market is the gap I've identified (customer size or monetary value)Develop Initial concept (paper, digital or physical)Collect feedback from potential customer (survey, watch them use it, etc.)Evaluate results, if positive continue and refine, if negative review and determine if worth refiningMy Steps Process 2:I have a great idea (I think)Explore the idea to expand opportunity / use casesLook at the market to see if it fits into a gapIf there isn't a gap, what is the competition doing right and wrongIf opportunity seems viable create initial concept (step 3 in Process 1)Collect feedback from potential users (step 4 in Process 1)Evaluate results (step 5 in Process 1)To development team you need the following, people you trust and vendors you trust.You should tap your existing networks (professional and social) to secure talent or leads. You can use past experience or your network to point you in the right direction for trustworthy vendors.After that you essentially repeat the process (not necessarily mine) but whatever process you used personally and expand it to your entire team.
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