We have plenty of activity and zeal and some real success stories – Ultimate Software, Citrix, and Magic Leap come to mind quickly, but there are others. We need more, more of everything and better everything – startups, exits, angel groups, seed funds, exits, talent, cooperation throughout South Florida – everything
– – Bob
Bob Fitts, producer of The Startup Expo and President of the Gold Coast Venture Capital Association, relocated from Manhattan to Miami as a management consultant and soon became entrenched in the South Florida entrepreneurial community.
Yes, you should spend time and effort getting to know your user, particularly what she’s not telling you; yes, you should prototype early and often; and absolutely, you should get comfortable with failure because only through experimentation can you achieve the best results.
– – Mariana
The city is well known globally for its celebratory spirit, its real estate and entertainment industries, and its beautiful beaches and warm weather among other things. However, the majority of Miami, and the country, is unaware of the vast startup activity taking place at every corner or even the fact that it recently ranked #2 in startup activity. People outside of the startup ecosystem are not exposed to the stories of success and failures of our local entrepreneurs. How can we fix this? First, let’s examine the 4 elements needed for Miami’s entrepreneurial ecosystem to thrive.
I worked in some startups and consulted for others while enjoying all the wonderful things such a beautiful city like Miami has to offer. That is where I had the “aha” moment and started to develop the idea that would become Dream Tuner.
– – Alejandro
Pricing strategies are vital to the success (or lost opportunity) of your offering, whether it be a product or a service. It is, however, an element with which entrepreneurs struggle the most because of a lack of data or experience to make informed decisions.
Since pricing is one of the factors that will most likely highly impact a firm’s objectives, founders should devote considerable effort into crafting a marketing strategy to gather RELEVANT and INSIGHTFUL data from the RIGHT AUDIENCE in the most efficient way. It is critical to arrive at an optimal pricing strategy before launching to market.
“The moment you make a mistake in pricing, you’re eating into your reputation or your profits.” – Katharine Paine
This article focuses on nine common pricing strategies, the factors that influence them, and some of the potential consequences of each.
Do you know what a Revenue Model is? Have you defined your Revenue Model(s)? Do you have a plan to generate a cash-flow and become self sufficient?
Cash-flow is the lifeblood of every company and can be derived from three types of activities: investing, financing, and operating.
Lately, many entrepreneurs have been giving undue importance to the financing aspect of their businesses. While seeking outside capital is a necessity at times, it should not be done to the detriment of the long-term viability of your company.
In recent times many (investors) have advocated for new companies NOT to generate revenues, but the reasoning has not been made widely available.
We need to evaluate ourselves and say, “These are our shortcomings and it’s OK. Let’s focus on our strengths to take advantage of the numerous opportunities available.” — Ariel
Ariel Quinones, Co-Founder of Ironhack – an intensive bootcamp programming school, was born in Puerto Rico and grew up in a household of educators and entrepreneurs. Ariel’s parents combined both being educators and entrepreneurs by founding a private university which eventually grew to more than 5 distinct campuses.
Most blind people have some level of sight. So we said, let’s have a device that adapts to the end user’s specific issues and enhance their capabilities.
– – Pia
This was the second in the series of conversations with innovative women titled “Hacking the Startup Life”, hosted by Luminary Central, Crea7ive Interactive Advertising, and Pipeline Brickell. Its aim was to engage the panelists in a discussion regarding common obstacles women entrepreneurs face, and what methods they developed to overcome them.
The entrepreneurs involved in this session were Birame Sock from FlyScan, Dawn Sole from Pluck N’ File, and Tamar Lucien from CanUStart. The event was masterfully moderated by Luminary Central‘s own Christine Johnson.
The event kicked off with interesting facts from each of the founders that shed some light on how they now face obstacles. Dawn used to play football for an all boys team, Tamar has family gingerbread house building competitions that encourage the demolition of other’s structures, and Birame responds to an irrate note with the gift of a can opener.
The second annual MIA Music Summit took place on March 26th and delivered on its promise of “Silicon Valley and Miami Rock Together”. Industry leaders, live performances, celebrated artists, and curated startups took part for a day of discussion about the future of the music.
Demian Bellumio, from Senzari, and the MIA Collective gathered some of today’s leading digital music experts, entrepreneurs, and investors from around the globe to discuss the intersection of music and technology and the future. Primary moderators Derrick Ashong and Lilia Luciano skillfully kept the audience engaged while eliciting insightful responses from the curated panel.