Tag: startups

  • How to Make a Fortune Working From Home

    How to Make a Fortune Working From Home

    Make a fortune working from home
    How can anyone make a fortune working from home?

    By Guy Avtalyon

    I know you will ask how is possible to make a fortune working from home.
    I also have a question for you.
    Have you ever heard about Jack Cornes? His engineering insane idea into a home robotics start-up showed not insane but as profitably and brilliant.

    Jack Cornes is an entrepreneur. His first business was selling vegetables from his grandmother’s garden. He was 8 at that time. When he was 14 online clothes retail was his next successful business with international shipping. Jack founded a successful online clothes retail. Now he is in his 20s and he started with schoolmate Harry Smith, a new business startup, and launched HausBots. They started their robot business in Smith’s garage in Birmingham.

    Jack Cornes said about those days:

    “Harry is a self-proclaimed mad inventor. His parents asked him to paint the living room, which he found completely boring, so he let his mind wander and came up with a better solution.”

    Climbing painting robots

    Make a fortune working from home

    Their aim is to produce robots for the construction industry and for home use. Their first result is a painting robot. They are expecting to begin commercial trials in the next several months, actually, they want that in the next four months.

    This guy raised ÂŁ210,000 to realized his idea about home-helping robots. His startup HausBots develops climbing robots to automate the painting of walls.

    Cornes likes being an entrepreneur. 

    “It is flipping tough, but I was never very good at being a cog in someone else’s machine. It is great to have some autonomy and it is amazing to be building something that wasn’t here before we started,” he said.  

    As a measure of how this project is interesting: currently, Cornes’ robots are beta testing. A large number of customers and companies are included. The companies specialized in painting outdoors, like walls of warehouses, for example, are very interested in his product. Cornes is expecting to start sells soon. 

    How to make a fortune working from home as plan No1

    And he is just as many Generation Z members that more than any time before are interested to start their own businesses. A lot of them want to make a fortune working from home. The benefits of this approach are numerous. They don’t have to pay high rents for a place to work, the working time is flexible, and moreover, they are working for their own ideas.

    According to some research young people are caught with this growth of startups. It becomes a trend among them. 

    Approximately 51% of the people between 14 and 25 age answered that they would like to start their own business. Many of them already are running some, revealed a survey ordered by the Entrepreneurs Network and VC firm Octopus Group. Also, this goal is more popular in a group of 22 to 25 years old people. Almost 60% of them said they would like to run their own business. 

    Tips to work from home

    If you don’t have a strong back, you have to start from your home. The majority never find some financial support and have to work different jobs to raise the funds and be able to finance the ideas they have. Also, they have to cut other expenses, so the best solution is to start working from home.   

    Listen, I am pretty sure they will. They will make a fortune working from home.

    The idea of freedom and being your own boss is powerful, and at the same time, the most popular. Having a passion is a great fuel. Desire to make success also.  If you want to start to make a fortune working from home it is wise to build a network of people who you think are doing excellent things. That will help you a lot.

    Some inspirational ideas you may find in our tutorial HERE

  • Where To Find Investors For Startups

    Where To Find Investors For Startups

    Where To Find Investors For Your Startups
    An old story tells that almost all important brands begun as startups. Is it really true?

    By Gorica Gligorijevic

    Startups and corporate venture capital are yet underestimated and discredited category. The entrepreneurs are broadly seen as capricious and attached with dishonest strings. In some people’s minds, startups take the money and have protection from a powerful partner.

    Is it true in real life? 

    Some researches show that corporates are becoming more skilled at working with startups. It is a kind of out-sourcing. The fact is, big companies invested more than $50 billion last year into startups. The year before their investment was about $36 billion.

    It’s similar to Europe. You can read about very powerful companies like Bosh or Daimler that investing in innovative startups. The point is to stay in the game and it is easier to financially support some small startup than to develop the whole new section inside the corporation.

    Many big companies began as startups

    For example, Lyft is one of those startups, also Monzo, Bolt, etc. You just have to look at the giant’s investment portfolios.

    But, it isn’t the main subject. It is good to have such big corporations ready to invest in venture capital. The problem is if you are an entrepreneur, which company is ready to invest in your business, what is their interest, how to contact them. If you want to invest in Europe you will need some valuable information. So, Traders-Paradise recommends Dealroom, where you can find fantastic data.

    We will present you with the list of three but with the promise that we will update.

    Robert Bosch Venture Capital

    Its headquarters are in Stuttgart, Germany. As the sub-organization of Robert Bosch, it is normal that engineering technology is their focus. Its investments in AutoAI, Actility, Movidius, etc are well-known. With offices in Stuttgart, Frankfurt (both Germany) and Tel Aviv, Shanghai, and Sunnyvale in California, US we can say it covers almost all continents. 

    The company says about itself:

    “With offices in Europe, Silicon Valley, China, and Israel, we are working with Deep-tech companies worldwide. Having our investment sweet spot at an early stage we are also looking into later-stage companies, as well as seed-stage in selected cases. We prefer to syndicate our investments with existing or new investors in the company and can take the lead, co-lead or follow as necessary. Beyond the financial commitment, startups receive access to our vast network and support in commercial collaborations. Up to EUR 15m per company for 5-25%, Equity Position and 100% Commitment”

    When they are investing in startups and venture capital their focus is on AI/Deep Learning, IoT, Distributed Ledgers, Analytics, Next Generation Computer Architecture, AR / VR, Mobility Solutions, Autonomous Driving, as we found on their website.

    Novartis Ventures is one of the startups

    Their headquarters are in Basel, Switzerland and they operate as sub-organization of Novartis, a multinational pharmaceutical company also based in Basel. They already have been invested in Nabriva Therapeutics, Proteus Digital Health, Galera Therapeutics, etc. 

    The essence of their investment strategy we found on their website: 

    “Our primary focus is on the development of novel therapeutics and platforms. In our investments, we look for unmet needs and clinical impact, novel proprietary science, and understanding of the mechanism, management, and board experience and capital efficiency in the program. Foster innovation, drive significant patient benefit and generate superior returns by creating and investing in innovative life science companies. NVF is stage agnostic, engaging in investments from seed- to later-stage life sciences companies across Biotechnology/Biopharma. NVF manages over $800m in committed capital and more than 40 portfolio companies across North America, Europe, Israel, and Asia/Pacific. We invest in North America, Europe, Israel, and Asia/Pacific with approximately USD 800 million under management in committed capital and more than 40 portfolio companies. We continue our strategy of making larger focused investments and anticipate total investments up to USD 30 million per company over its life. We make equity investments in Biotechnology/Biopharma life sciences companies. NVF is stage agnostic and engages in seed investments as well as later-stage investments. We typically lead or co-lead an investment and play an active role on company boards.”

    So, you can see that health is their focus while investing in startups.

    Swisscom Ventures 

    With headquarters in Zurich, Switzerland operates as a sub-organization of Swisscom. Their business focus is on communications. Since now, they have already invested in startups like SimpliVity, Symetis, Quantenna Communications.

    What they say about their investment strategy Traders-Paradise found on their official website:

    “We are investing in Swiss and global technologies to foster digital transformation. More than 40,000 new companies are set up in Switzerland every year. We look in particular at the Swiss high-tech companies and University Spin-offs as they are fundamental contributors to the economic growth and innovation of Switzerland. We are typically leading or co-leading financing rounds from the early beginning and also take board seats. As a strategic investor, we offer entrepreneurs to access a broad range of portfolio services in addition to financial support. Those comprise the use of Swisscom’s technical infrastructure but also access to market channels and key experts in the lines of Business.”

    They say about their investment focus:

    “Artificial Intelligence – Digital applications utilizing artificial intelligence technologies and that are deployable across various industry sectors including data-driven internet services

    Cybersecurity – Advanced applications and tools to protect the integrity of networks, programs and data from attack, damage or unauthorized access

    Telecom and IT Infrastructure – Next-generation IT and cloud technologies that constitute the backbone and underlying enabler to the digital transformation comprising software, hardware, and services”

    How to start up your own bussines

    Just take a look at the list of supported startups and you will see how good is to have the strong arms behind you when starting your own business. Sometimes it looks really hard to find an investor to give life to your good idea. But, did you try? How many contacts you have? On how many doors were you knocked?

    Just don’t sit in your room and don’t cry how nobody understands you.

    Take the initiative. Be proactive! And have confidence in your abilities. Who never try, never knows. Try! And the door will open to you. Find an investor!

    Traders-Paradise will update the valuable information of this kind.

     

  • MONZO, REVOLUT AND OTHER CHALLENGER BANKS ARE SHAKING UP THE INDUSTRY

    MONZO, REVOLUT AND OTHER CHALLENGER BANKS ARE SHAKING UP THE INDUSTRY

    MONZO, REVOLUT AND OTHER CHALLENGER BANKS ARE SHAKING UP THE INDUSTRY
    Digital technology has transformed the established ways of doing business across industries – and banking is no exception. New start ups are challenging traditional service providers with a more personalised and innovative service. Traditional banks have been slow to adapt but they haven’t – yet – lost too much of their business.

    Challenger banks like Starling, Monzo, Revolut, Atom and Tandem are all digital banks without high street branches. They are more flexible, quicker to adapt to user needs, more user friendly and more personal than traditional banks. Their biggest advantage is that they have started fresh with a digital offering and the use of the latest technology available. Traditional banks, meanwhile, are typically slower to respond to market demands and keep up-to-date with technological developments.
    In contrast, challenger banks are able to incorporate new products much more quickly and with less friction through their platform business model, which can easily connect customers with new products developed by third parties. This greatly increases customer choice.

    For instance, the account opening procedure is a lot easier and quicker with challenger banks, often only involving taking a picture of your ID and a video of yourself. Plus, they offer novel features such as making recommendations based on your transaction data for saving money, making payments to nearby friends via bluetooth, or even blocking gambling transactions from customer accounts.

    They can also be better at security and preventing fraudulent behaviour thanks to their more intelligent analytic capabilities. Monzo, for example, recently noticed a data breach of the ticketing platform Ticketmaster and took action to replace all cards that had used Ticketmaster, without waiting to receive customer requests.

    The trend of these new providers has been accelerated by recent regulatory changes in the UK (Open banking) and across Europe (PSD2). Taking effect in early 2018, these reforms force banks to share their customers’ data with third parties that can provide financial services if their customers request this. The change aims to boost competition and also challenges the powerful position of the traditional banks in the market by forcing them to share customers with new players.

    What most challenger banks have in common is their ability to offer lower fees to their customers due to their lean set up and lower cost structure. Challenger banks (and fintech start ups in general) capitalise on the perception that they are looking after the customers’ best interests, rather than doing what is best or most profitable for themselves (at least not in the short term).

    But this benefit to the customer makes it difficult to make profits. This is the norm for most UK challenger banks, as their focus is on accelerated growth and winning over new customers, while trying to work out their business model and how they will turn profits in the long term. Revolut marked itself out as an exception when it reported breaking even in December 2017.

    TRUST ISSUES

    Part of the issue is that, although challenger banks bring obvious benefits to users, we do not see a large number of customers leaving their traditional banks for these new players. While challenger banks increase their customer base and market presence, the number of customers using these banks as their main bank and having their payroll registered to them is low.

    The main reason for this is trust. Trust is of paramount importance when it comes to where customers put their money, and here established banks seem to have the upper hand. The common view is that even though the customers do not trust traditional banks for giving them the best deals, they trust these banks for keeping their money safe.

    The system failures that new players might face can also cause hesitation among potential customers and make gaining their trust more difficult. For instance, some app-only banks ran into problems recently due to issues with one of their technology suppliers, resulting in some reduced services. This suggests there’s promise, but also challenges.

    The overall picture we see so far in our research into challenger banks is that people stick with their traditional banks for keeping their savings and salaries and prefer making frequent, small payments into their challenger bank accounts to use in their daily lives.

    The pessimists say that the challengers will not necessarily win out. Although they are growing their users every day, they will not be able to grow beyond a certain size and will need to be acquired by established players. On the other hand, stats show that millennials are much more willing to switch financial providers in order to get better, more customized services.

    Plus, despite the uncertainty around the future of challenger banks, there are hints – including new regulations and tech firms getting into financial services – that show there will be no return to banking as we have known it.

    Read more HERE

    This article was originally posted on https://www.markemlickprivateequity.com/