By guest author Irina Patterson
Are you an entrepreneur? Are you considering joining 1M/1M? If so, STOP considering. This week I want you to ACT and if you DO, I’ll be standing by to help you in any way I can. >>>
By guest author Irina Patterson
Today, I’ll share with you Michael Goldman’s story. As you read, see how Michael was able to successfully leverage the resources of both his local incubator in Maine and the 1M/1M program. >>>
By guest author Irina Patterson
The greatest challenge that entrepreneurs face in building businesses is to set up effective customer acquisition methods.
At 1M/1M, we have been helping our entrepreneurs to set up compelling channels, be it in reaching large enterprises or small, entrepreneurial companies. >>>
By guest author Irina Patterson
If you are running a business incubator or any other entrepreneur-supporting organization, we at 1M/1M would like to hear from you. To share with us your thoughts, you can simply finish any of these sentences: >>>
In my formula for creating a thriving small-business system, governments do not need to do a whole lot. But they can do a few things that could add positive momentum to the process. So I’m making some tax policy recommendations that could really bring about meaningful “change.”
There are four constituencies we need to take into account in crafting an entrepreneurship-friendly tax policy: entrepreneurs, angel investors, venture capital firms, and corporations. Let’s look at each separately.
By guest author Irina Patterson
If you are running an incubator, you are always on the lookout for quality entrepreneurs to incubate, right?
At 1M/1M we have designed a process that could deliver high-quality entrepreneurs for your incubator right from your own backyard. >>>
By guest author Irina Patterson
Here is why. The $1,000 annual fee is really about commitment. What we are saying is we are committed to supporting you and your business development for the entire year.
Are you committed to working with us for at least a year? >>>
If you have studied economics, you are familiar with the free rider problem. To refresh everyone’s memory, here is Wikipedia’s definition of the concept:
In economics, collective bargaining, psychology, and political science, a free rider (or freeloader) is someone who consumes a resource without paying for it, or pays less than the full cost. The free rider problem is the question of how to limit free riding (or its negative effects). Free riding is usually considered to be an economic problem only when it leads to the non-production or under-production of a public good (and thus to Pareto inefficiency), or when it leads to the excessive use of a common property resource.
The term free rider comes from the example of someone using public transportation without paying the fare. If too many people do this, the system will not have enough money to operate. Another example of a free rider is someone who does not pay his or her share of taxes, which help pay for public goods that all citizens benefit from, such as roads, water treatment plants, and fire services.
As we think through the restructuring of capitalism as a system, we need to look carefully at the free rider problem.