Business Video Roundup: Tips on Hiring, Networking & Other Small-Business Advice
In this week’s roundup of great videos for entrepreneurs and small-business owners, Y Combinator’s Eric Migicovsky talks about what qualities to look for when hiring for a new business, Goodr founder and CEO Stephen Lease reveals the one thing you shouldn’t say when networking, and business owners from around the U.S. share their advice on overcoming common business challenges. Plus, CNBC investigates why American cars don’t sell in Japan and ABC13 profiles a rising Houston-based crowdfunding site geared towards helping local businesses raise funds. Dive in and enjoy the Easter weekend!
Eric Migicovsky: Qualities to Look for When Hiring
In this five-minute video, Eric Migicovsky (partner at Y Combinator and founder of Pebble) shares a list of qualities to look for when hiring for a startup. While he’s speaking mainly to his experience at tech startups, his advice is relevant to most businesses.
CNBC: Why Ford and Other American Cars Don’t Sell in Japan
Many of the best-selling cars in the U.S. are Japanese-made (Nissan, Honda, Toyota, etc.), but the reverse isn’t true. General Motors, Ford, and Chrysler make up less than a half percent of the Japanese auto market. This is due to a combination of strict regulations, strong local manufacturing, and other factors, all explored in this seven-minute video.
ABC13 Houston: Crowdfunding Site Geared to Help Small Businesses Get Off the Ground
ABC13 Houston presents this short profile on NextSeed, a Houston-based crowdfunding platform that has already helped dozens of Houston businesses generate the funds necessary to start or grow. NextSeed even has a pop-up restaurant space in Greenway Plaza designed to help restaurateurs try out new ideas before opening a brick-and-mortar location.
The Small Business Revolution: Advice from Small Business Owners
This short video presents a few small business tips from entrepreneurs all across the United States, sharing solid advice on overcoming common business challenges.
Stephen Lease: The One Thing You Shouldn’t Say When Networking
Good networking advice from Goodr founder and CEO Stephen Lease.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
The Bank Said No. Your Growth Doesn’t Have to Wait.
Part of our Honest Answers series — straight talk about financing a growing business.
You did everything right. You landed the bigger customer, won the contract, or saw demand climb faster than you expected. So you went to the bank for a line of credit or a term loan to fund the growth — and the bank said no.
It stings, and it doesn’t always make sense.…
The Growth Trap: How Staffing and IT Firms Run Out of Cash by Winning Great Customers
There’s a particular kind of failure that blindsides good companies. It doesn’t come from losing customers, botching a project, or getting undercut on price. It comes from winning — specifically, from landing the exact large, creditworthy, name-brand customer the founder has been chasing for years. The contract closes, everyone celebrates, and four months later the company can’t make payroll.
We call this the growth trap, and it’s one…
How Much Does Invoice Factoring Cost — and How Is My Rate Determined?
It’s the first question almost every business owner asks us, and it’s the right one to ask: what is this actually going to cost me? A lot of factoring companies get vague here. We’d rather just show you the math.
Here’s the short version, and then we’ll break down every piece of it: most of our clients pay an average discount rate of about 4.4% per invoice, and…
