How Blockchain is Disrupting Traditional Media and Entertainment

Looking ahead to the future of the entertainment industry. July 10, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. Blockchain technology holds the potential to completely disrupt the media and entertainment industries. Unequal distribution of content, as well as unfair compensation for creators, are problems that evolving blockchain technologies are seeking to solve. Innovative artists are disrupting the ways that we consume and pay for various modes of entertainment. The music and entertainment industry has been in a process of continual disruption as streaming platforms have risen in popularity. While those platforms have made media more globally accessible, they have not allowed for fair compensation for creatives. Blockchain poses a possible solution through decentralization. Because the entertainment industry has suffered from issues of ownership, with confusion and conflict surrounding attribution, the implementation of blockchain could create a more fair system of transparency, noting what individuals are entitled to […]

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Strapped for Cash? Three Modern Ways To Take Out A Small Business Loan.

Diversify your fundraising strategy. May 2, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. Small businesses can often find themselves strapped for cash. When payroll is due, and accounts receivables are still high, cash is king. Even the most successful small business is susceptible to this type of crunch. As a four time venture-backed entrepreneur from the Silicon Valley, who has raised a total of $18 million for my tech startups, I’d like to offer some advice to early-stage entrepreneurs in hopes to shed light on alternative avenues to raising money. Consider diversifying your fundraising strategy by adding non-conventional fundraising options. These days, there are several options for entrepreneurs. Technology and finance are combining to provide creative solutions to help business owners push through monthly bills without the normal headaches. The reality is new innovative options exist beyond banks for entrepreneurs looking to leverage their strengths while reflecting […]

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Will Stablecoins Solve Entrepreneurs’ Biggest Problem?

Maybe you’ve never heard of them, but pay attention: This cryptocurrency, backed by traditional currency, could solve a lot of your problems. January 18, 2019 7 min read Opinions expressed by Entrepreneur contributors are their own. The ubiquitous problem for entrepreneurs is capital. First, there’s the constant struggle of seeking to get access to enough capital to get an idea off the ground. Next, there’s the massively troubling problem of managing capital once the business takes off. Then, as any platform grows, capital reinvestment and further acquisition for greater growth become challenges. Related: Stablecoins, Rather Than Cryptocurrencies, Might Be the Future of Money While the market has consistently offered solutions for these issues, technology has simply not kept pace with the needs that entrepreneurs face on a daily basis. Related: IBM Is Experimenting With a Cryptocurrency, Which It Says Is More Stable However, a new solution may be on the horizon: stablecoins. […]

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How to Know Which One Is Right for Your Business

Security token offerings help you to avoid the potential fraud of an ICO, and let you utilize a crowdfunding platform to raise cryptocurrency. October 25, 2018 8 min read Opinions expressed by Entrepreneur contributors are their own. There’s nothing worse than running out of capital when you’re trying to get your business off the ground. If you’re an entrepreneur who’s tapped all your relatives for money, and your bank account is bone dry, what options are left for you? Related: Why You Should Consider Launching An ICO One alternative financing route is an initial coin offering (ICO), where digital currency is raised as an alternative to the U.S. dollar. Many entrepreneurs who wish to forego the traditional venture-capital financing route are launching ICOs. But ICOs have a catch: This nascent crypto-market leaves participants open to questions about marketing speculation and their currencies’ very legality. The result is that because of the lack of […]

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5 Big Reasons Why Crypto Needs You — If You’re a Woman, That Is

Women are often good at community-building and communication, especially in social media. That’s why crypto so badly needs their talents. August 21, 2018 6 min read Opinions expressed by Entrepreneur contributors are their own. “You don’t belong.  You aren’t good enough.  You don’t have what it takes.”  You may say these statements to yourself or, worse, you may even hear them (usually indirectly) at work. Such comments and the fears and anxiety they create may contribute to keeping you and other women from involvement in the financial sector, specifically in the hot new arena of cryptocurrency. Related: 9 Blockchain Influencers for You to Follow — Who All Happen to Be Female The truth is, however, that crypto needs women. In fact, the cryptocurrency space offers great potential for the future. But, without women, this field may struggle. According to Coin.dance, the level of community engagement (as of this month) in just one […]

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Young Customers Want Instagram Engagement. What’s Your Brand Doing to Get It?

Has your food business invented something along the lines of a Cronut or a ravioli and peanut butter and jelly sandwich? Once you do, your younger customers will promote it for you. July 3, 2018 10 min read Opinions expressed by Entrepreneur contributors are their own. The “Cronut” became a viral sensation that began in 2013 at Dominique Ansel Bakery when its staff invented a half-doughnut, half-croissant hybrid at the Spring Street outlet in New York City’s busy SoHo neighborhood. Related: The Definitive Guide to Instagram Analytics: So Much More Than Just a Pretty Picture Customers started snapping pics of the delicious “Cronut” and posting about it. The bakery group (with outlets in New York City, Los Angeles, Tokyo, and London) actually patented the name. And within days after this sweet treat’s debut, New York natives and tourists were willing to wait in lines that wrapped around the block, just to score […]

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The Data Reveals These 3 Fundamentals for Crowdfunding Success

To achieve your crowdfunding goal, think of it as incentive marketing rather than pitching investors. May 8, 2018 6 min read Opinions expressed by Entrepreneur contributors are their own. I’ve watched a number of entrepreneurs and small businesses attempt fundraising success with a Kickstarter campaign or other crowdfunding platforms. The concept is great: You pitch people on your ideas and only start building and investing after you’ve drummed up interest. This puts markets to work. If people aren’t interested in a project, then they simply won’t invest. Bad projects die out — or so we think. Of course, a lot of good projects never gain traction, either. What looks like luck boils down to good planning around your marketing and timing, mostly in competition with similar projects. Indeed, part of Kickstarter success simply comes down to being in the right place at the right time. Savvy entrepreneurs try to recognize trends and […]

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