Tweet Without a quick, clear business pitch it will be nearly impossible to get investors to pay attention to your business. A succinct business pitch also can keep you focused on what your business is trying to offer and what sets it apart. For some advice, 10 Ways to Get Investors to Listen to Your Business Pitch, says keep it short (up to 60 seconds). “You should be able to quickly describe what your company does and why it’s innovative in 30 to 60 seconds. Be engaging and let your enthusiasm show,” the blog says. Other tips include: Know the competition Pitch your experience, and Mention your own investment Maybe most important, at least the the potential investor, is to [...]
Read More »Tweet It’s seems that just about everyone, from mom-and-pop shops to Fortune 500 corporations, have jumped on the social media bandwagon. Social Media marketing has become more than just a trend. In fact, more than three-fourths of marketers say they will increase their social media spending in 2012, according to an article in bizreport.com. The article, 75% of marketers to up social media spend in 2012, highlights an international survey by Wildfire Interactive marketing firm that shows 88 percent of marketers believed they were getting a positive ROI in social media marketing. It turns out, these companies measure success in different ways. Determining what success means to your business is crucial in deciding whether your particular social media campaign is [...]
Read More »“connXus provides a wonderful opportunity to match companies with MBE’s, especially for the local area,” said Dealer Principal Jenell Ross. “Companies realize that there’s someone right in their own backyard who can supply their needs. While there have been tremendous gains in supplier diversity since my parents founded the dealership in 1974, something like this bridges a gap and creates so many more opportunities.”
Read More »Tweet Running a successful business is about more than the product or service you offer, no matter how great it is. It’s also about simple math. Of all the numbers to track down, an important figure to know is your breakeven point. That’s the amount of products you have to sell each month, quarter or year to break even, covering all your expenses. Once you meet it, you start to profit. You should know your breakeven point, and be ready to readjust it as your business grows or shrinks. In this economy, keeping on top of your breakeven point can mean the difference between making a profit or taking a loss. An Entrepreneur guide on About.com, How to Do a [...]
Read More »Tweet Access to capital continues to be a struggle for startups and early stage companies. Increasingly, many private investors and governments across the country are looking at ways to infuse cash into small businesses that show growth potential. We’ll tell you about a few. In Chicago, two new funds have emerged to fund local tech startups. The State of Illinois just announced funding for two Chicago companies through its newInvest Illinois Venture Fund, part of a $78 million initiative called Advantage Illinois. According to an article in The Chicago Tribune, New funding sources emerge for Chicago-area tech startups, the number of tech startups in the city, and investment in them, is rising. The private FireStarter Fund has a new $5.7 [...]
Read More »Tweet The Premier health care alliance today announced that a new SEEDS(TM) agreement for vending machines and services has been awarded to Gilly Vending Inc. of Miami, Fla. Read more here. connXus.com member Gilly Vending is the nation’s largest and fastest growing minority vending company. They are a national provider of snacks, ice cream, frozen food, and customizable non branded/non exclusive beverage packages. They can provide customers with the newest vending machine technology including remote monitoring, credit card readers and automated 24/7 self checkout c-stores. They can customize a healthy snack and beverage vending program to meet specific client requirements. Premier is a performance improvement alliance of more than 2,500 U.S. hospitals and 80,000-plus other health care sites using the power of collaboration to lead [...]
Read More »
The ConnXion Point is the blog for connXus.com, an online service connecting small, minority- and woman-owned businesses with companies seeking to hire diverse suppliers.
I'm Rod Robinson, founder and chief connector of connXus.com. I've spent 15 years in the procurement business as a minority business owner, company procurement officer and industry consultant.
The ConnXion Point will focus on issues, events and news about procurement and supplier diversity. So, whether you're purchasing or selling, we'll have information you can use. We also hope to facilitate a healthy, respectful exchange of viewpoints on issues surrounding supplier diversity and procurement.
Join the conversation!
facebook
digg it
reddit
del.icio.us
StumbleUpon
