12 Reasons Why 40Billion is Better Than LinkedIn. #3: Every new user has at least one contact to start with, so you’re not alone.
http://www.40billion.com/profile/1215204016#whiteboard
Category: Commentary
12 Reasons Why 40Billion is Better Than LinkedIn. #2…
12 Reasons Why 40Billion is Better Than LinkedIn. #2: 40Billion is the crowdfunding pioneer who helped entrepreneurs raise more than $100 million.
http://www.40billion.com/profile/1215204016#whiteboard
12 Reasons Why 40Billion is Better Than LinkedIn. #1…
12 Reasons Why 40Billion is Better Than LinkedIn. #1: 40Billion addresses the needs of startup entrepreneurs, small businesses, and creatives.
Could 40Billion be a new kind of technology incubator for the 21st century?
Could 40Billion be used to launch technology companies? Could entrepreneurs crowdfund major technology startups? Does crowdfunding work better for online technology businesses – such as Internet, software, and digital media companies?
In four years, 40Billion.com has helped launch an amazing 426 technology startups in 28 industries by enabling tech entrepreneurs to raise money up to $1 million, build professional social networks to vet ideas, and find affordable resources to grow… all online. That’s impressive!
Who Really Invented the Lightbulb? Really?
Did you know that Thomas Edison did NOT invent the light bulb? Really, he was just the first to successfully bring it to market and raise awareness of it.
Successful entrepreneurs don’t focus on the fear of someone stealing their idea (especially if you have a patent). They focus on executing on the opportunity by bringing their idea to market.
This is what the 22 inventors of the incandescent light bulb before Thomas Edison FAILED to do.
That’s right. Twenty-two inventors had the idea before Edison, and Edison didn’t necessarily steal their idea. He just did a better job of taking it to market, and this is where the value is.
If you have an idea, protect it, and then you can just focus on executing and bringing your product or service to market successfully.
Did you know that 40Billion provides an informative business startup guide for protecting your ideas and intellectual property through patents, trademarks, copyrights, and NDA’s?
Download the short MP3’s and listen to them on your computer or in your iPod, while at home, in the office, or on-the-go. Then, download the easy-to-use templates that come with each startup guide.
Go to http://www.40billion.com/startupguides/ today.
Is the “American dream” dead?
Is the idea of achieving the “American dream” a dying fantasy that is becoming impossible for more and more people? Yes, unfortunately, it is true. There is no doubt that the economy is suffering, and suffering with it is the American dream.
Entrepreneurs can’t afford to start businesses, families can’t afford to buy homes, and students can’t afford to go to college. Banks don’t seem to care, and the government seems to be paralyzed from the waist down.
But the fact is you don’t need a bank loan in order to build and grow a successful business, just like you don’t need an Ivy League college degree in order to be a successful entrepreneur and businessperson (though, it can help). We have to help ourselves and save our own economy, our own businesses, our American dream.
Raise money. Build dreams. 40Billion.com … Let’s start here!
Run Away, or You Will Fail…
There is one thing that invariably stands between an entrepreneur’s idea and their success: NAYSAYERS.
When our founder dreamed up 40Billion back in early 2008, so many people told him that a social funding network for startups via the Internet would never work. Venture capitalists, attorneys, friends, family, even some entrepreneurs were naysayers. Just 4 years later, it’s become an industry, and we’ve worked with the SEC, Congress, and President to create new laws facilitating social funding networks for small businesses raising money. There… Told you it would work!
Naysayers are everywhere. All too ready to say that your idea won’t work. That nobody will buy it. That it’ll never work in “the real world.”
Naysayers predicted failure when the copy machine was invented in 1956. And when Google launched in 1996. And when Facebook launched in 2004.
And pretty much every time an entrepreneur conceives a new idea, there is a naysayer waiting to tell them it won’t work.
Has this ever happened to you?
Don’t let naysayers quash your dreams or stop you from pursuing them to the fullest. The naysayers are often wrong.
The Secret to Success is…
All great ideas start in the same place… the minds of the entrepreneurs who conceived them.
But why do most of these ideas never go anywhere, while others become great new products and services, or social changes that impact millions of people?
One great trait of winning leaders – entrepreneurs who are able to successfully execute on their ideas – is their ability to visualize success.
Research shows that the most winning leaders naturally visualize themselves being successful well before they actually achieve success.
Visualizing success is simply the process of visualizing yourself after you have achieved your goals. Whatever your entrepreneurial goals are, start to visualize what success will look like. Once you really picture it, your mind will accept the possibility of it becoming a reality. This will motivate and help you on the journey to actually achieving your vision.
Priceless! (video)
Our PRICELESS commercial for 40Billion.com is a hilarious parody, yet surprisingly true, don’t you think?…
What is the #1 cause of business failure?
According to the SBA, the #1 reason why entrepreneurs fail to launch and grow successful businesses is simple: LACK OF FUNDING
So what happens if you can’t get funding? Well, if you don’t have any money, you can’t even start your business in the first place. And even if you do start it, if you have too little funding, chances are good you’ll go out of business!
Here’s the GOOD NEWS: You can avoid business failure by learning how to successfully raise money from everyday investors and funders in your social network and on 40Billion.com.
Think about it… if you knew how to quickly and easily raise $20,000 or $200,000, most of your problems would disappear, wouldn’t they?
Is 40Billion being acquired?
Rumor has it that 40Billion is in talks to be acquired? A lot of people have been asking us this recently. While we don’t usually comment on acquisition or investment rumors, we can say that we’re open to discussing opportunities for future growth. Regardless of the rumors, the 40Billion team is committed to growing our business and will continue offering innovative online tools for small businesses to raise money and build dreams.
40Billion.com Extends Commercial Paper Short-Term Loan Product to Small and Medium Business Entrepreneurs
Enables existing Small and Medium Businesses to raise up to $1 million in short-term loans for 9 months using social networking
40Billion.com, an online micro-funding and social networking platform for entrepreneurs and business professionals, today announced new short-term loan options that enable small- and medium-sized businesses to raise up to $1 million in commercial paper for up to 9 months.
Commercial paper is an unsecured promissory note to meet the short-term financing and cash flow needs of businesses and can be a more affordable alternative to a traditional bank line-of-credit. Most commonly used by large corporations to raise quick and low-cost working capital, commercial paper has been in existence for over a century.
This reputable financing option is now available to small- and medium-sized businesses seeking to borrow $5,000 to $1,000,000 for up to 270 days, as well as investors seeking to diversify their investments and potentially earn a quick return while supporting U.S. small and medium businesses.
“Our short-term loan option using commercial paper offers a revolutionary solution to the problems faced by millions of existing small- and mid-sized business entrepreneurs trying to find affordable working capital,” said Harendra Jani, VP of strategy and planning at 40Billion.com.
According to Jani, there are several advantages over traditional bank loans: “It is unsecured and does not create any lien on the business’ assets; the discount rate is negotiated between the entrepreneurs and investors online, so ventures with high SBRS scores or good relationships may get better rates; the wide range of maturity, from 15 days to 270 days, offers a lot of flexibility; and, it can be used frequently for a variety of short-term cash needs such as payroll, inventory, and marketing.”
Since 2008, the company has facilitated over $30 million in business fundraising projects and aims to address a $40 billion funding gap with innovative small-business financing tools enhanced by the power of online social networking.
About 40Billion.com
40Billion.com is the social funding network for small businesses and startup entrepreneurs. 40Billion.com, Inc. is the first Internet-based microfinance company serving American small businesses. 40Billion.com’s scalable platform helps entrepreneurs raise funding more affordably through friends and family than through banks or other traditional financial institutions. Using proprietary online tools, entrepreneurs build social networks – including friends, relatives, colleagues, customers, and other contacts – and use these connections to raise capital through small business loans and gifts. Entrepreneurs create fundraising profiles and invite their connections to offer funding in exchange for discounts or potential returns. 40Billion.com, Inc. is headquartered in Atlanta, GA.
What if you could reject the banks?
Banks reject most small businesses and startup entrepreneurs seeking business loans and resources. What if you could reject the banks for a change? What if you could raise money for your business without worrying about being rejected by bankers who just don’t get it? Think about it.
Happy New Year!!!
We wish you success in 2011. Happy New Year!
The 40Billion team
Is the “American dream” dead?
Is the idea of achieving the “American dream” a dying fantasy that is becoming impossible for more and more people? Yes, unfortunately, it is true. There is no doubt that the economy is suffering, and suffering with it is the American dream.
Entrepreneurs can’t afford to start businesses, families can’t afford to buy homes, and students can’t afford to go to college. Wall Street banks don’t seem to care, and the government seems to be paralyzed from the waist down.
But the fact is you don’t need a bank loan in order to build and grow a successful business, just like you don’t need an Ivy League college degree in order to be a successful entrepreneur and businessperson. We have to help ourselves and save our own economy, our own businesses, our American dream.
40billion.com is people funding businesses. Let’s start here!
40Billion Blog for Startup Entrepreneurs and Small Businesses 