Category Archives: Entrepreneurs

5 Habits Of Successful Entrepreneurs | Davinci Virtual

5 Habits Of Successful Entrepreneurs

Becoming an entrepreneur is no easy task. Running a business is a huge responsibility that requires a big commitment filled with long hours, large investments, and great attention to detail. At the same time, owning a business can be extremely rewarding. You might have noticed that a few business owners (and their businesses) stand just a little brighter than the rest—and that’s because they get it. But what exactly does “it” entail? When it comes down to it, to be a successful entrepreneur you need to practice certain habits. Keep these top five habits in mind as you continue to strive to be a successful entrepreneur.

  1. Take care of themselves

Working out and eating healthy do much more than give you a great appearance. Taking care of yourself by exercising and eating well helps sharpen your mind, gives you extra energy, and relieves stress—things that can inhibit critical thought processes. Thinking with a clear mind is imperative to making the right business decisions, as well as sustaining business growth and profitability long-term.

  1. Constantly look to improve

When it comes to running a business there’s a lot to consider. That’s why it’s important to always look for ways to improve effectiveness and ensure that your business runs efficiently. One of the best ways to increase profit short-term is by cutting overhead costs. A simple way to do this is with virtual office services. If you have a presentation or client meeting you can easily rent office and conference rooms at a low cost in great locations.  Even if your meeting is overseas, Davinci Virtual has available meeting rooms worldwide. These conference rooms can be stocked with all the essential supplies you’ll need to run a successful meeting. You can also add that extra touch of prestige with a lobby directory listing and greeter for all your guests.

  1. Good at streamlining tasks

A well-known fact among successful entrepreneurs is that good business sense is all about efficiency and effectiveness. This plays a big role when it comes to streamlining tasks. Time management is a crucial component to prioritizing your day. Utilizing technology tools can help minimize the amount of steps it takes to create reports and complete other day-to-day tasks, so you can focus on strategies that will grow your business.

  1. Understand the value of delegating

If you own a small business you know the value of delegating tasks to others. And chances are, all your employees are extremely vital, often wearing multiple hats to keep the business running smoothly. Although you would be right to think that having a receptionist is absolutely necessary for the image of your company, you don’t have to hire someone full time to reap the rewards. You can easily maintain your company’s image with virtual receptionists. A virtual receptionist can be a great addition to your team. They can provide that professional frontline service that your clients demand, while leaving you free to think about ways to grow your business. And they can do much more than simply answer the phone. Virtual receptionists can provide industry specific insights to clients and prospects, as well as participate in web chats—all for a low monthly fee.

5. They nurture relationships

Successful leaders have one thing in common—they nurture relationships. They know that their business is founded on positive relationships, whether that refers to ensuring that customers are always satisfied, or that employee morale and motivation is high. And although it might be easy to get lost in your day-to-day priorities, making time for the people around you can have a big impact long-term. Not only will it inspire your employees to work harder, but it will ensure that your service or product is viewed highly by consumers.

Being a successful entrepreneur doesn’t come easy for everyone. It takes much more than the financial means or the right education to make an entrepreneur to stand out—it takes the right kind of person. However, these behaviors can easily be learned. Practice these habits and utilize Davinci Virtual’s receptionist and virtual office services today to become a successful entrepreneur.

4 Ways To Reduce Unnecessary Small Business Costs | Davinci Virtual

4 Ways To Reduce Unnecessary Small Business Costs

Reducing unnecessary small business costs doesn’t have to be complicated. Often, cutting out unnecessary expenses can go a long way toward improving your bottom line. A variety of considerations, such as going paperless and utilizing virtual office spaces, to marketing online, can add up and make a huge difference. If you’re looking for ways to maximize profitability and efficiency by while reducing costs and overhead expenses, keep the following steps in mind.

1. Go Paperless

The cost of paper might seem minimal when compared to other expenses, but it can add up to a large sum over time. Going paperless is not as drastic of a change as it might seem to some business owners. In fact, you can perform your daily functions in virtually the same way—without the extra cost. Technology has come a long way over the last few decades, and competitive businesses are taking advantage of new tools and services to run more efficiently and effectively.

2. Explore Virtual Receptionist Services

Being a business owner is demanding, especially if you’re just starting out. Although you might be doing a great job at balancing everything on your own, it doesn’t always come across in the most professional manner to prospects and clients. By doing everything yourself, from answering phones to closing deals, you’re leaving yourself vulnerable to missing out on the small details of business management. This is where virtual receptionist services can come in handy. Live receptionist services provide highly qualified receptionists that are capable of doing much more than simply answering the phone. These receptionists give specific and detailed information that clients or prospects need in order to have a positive experience with your company. Having someone that’s able to take care of calls professionally lets you focus on other important matters.

3. Utilize Virtual Office Space

Leasing a space can be a big expense. If you’re only holding meetings and conferences with clients and prospects once in a while, leasing a building with extra square footage is unnecessary. However, having a professional atmosphere is an absolute must to the profitability of your company. In situations like this, utilizing virtual office spaces is a great solution. You get all the benefits and perks of the space, without the overhead cost and maintenance. Reduce the unnecessary costs in your business and reserve your virtual office space today.

4. Start Marketing Your Business Online

Technology is taking over every aspect of our lives—and it’s no different when it comes to business. More and more businesses are opting to market online rather than outbound and direct marketing methods. In large part, online marketing is much cheaper. Print ads and direct mail pieces are expensive and don’t allow you to measure the clear results of your campaign. With online marketing, you’re able to track data directly to a prospect or client and can personalize your campaigns more effectively, all while saving money and improving your overall ROI.

Small businesses are becoming more and more common across the country. From one-person shops to a handful of employees, these businesses are able to compete with, and outperform, some of the most well known competitors in their industry. In order for smaller businesses to thrive, they need to be mindful of the bottom line as well as make smart decisions when it comes to spending. These four tips are essential to reducing unnecessary business costs and remaining profitable for years to come.

Working From Home? Seven Reasons You Need A Professional Business Address

Working From Home? Seven Reasons You Need A Professional Business Address

The variety of today’s small businesses runs the gamut—from tech start-ups, to gardening services to law practices. And while each type of small business has different needs, they share some of the same concerns. Dealing with distractions—the dog barking next door, the doorbell ringing and family demands (they do know you’re working, right?)—can be challenging. Certainly every small business needs to be taken as a serious competitor in their respective markets to succeed.

Have you considered what a virtual, professional business address could do for you? Imagine an office that allows you to work from home but gives you more options for client meetings other than gathering around your kitchen table. There are countless additional perks that a virtual office brings, and we’ve compiled seven ways you could benefit from a professional business address from Davinci Virtual Office Solutions.

1. Receive Deliveries And Messages

A professional business address gives you the option to have your clients and partners deliver items to a professional office rather than your home. You can then pick them up personally or have them forwarded on a scheduled basis wherever you want. Clients also have the option to leave messages for you which will instantly be forwarded to you.

2. Market Your Business

Do you need another cost-effective way to get your business name out there? You can use your virtual professional address for business licensing or registration and market your new company address on search engines and Internet directories.

3. Gain A Physical Presence

A Davinci Virtual office gives you the credibility and image of a well-known business location.  At many of our virtual office locations your company name will be added to the lobby directory. And, over time, with a virtual, professional address your business will develop a presence in the community.

 4. Expand Options For Where You Work

Working from home, in the same space, can get monotonous. Mix it up by renting a fully equipped office at your business address. Use the Davinci online reservation platform to browse rates and features. Whenever needed, you can reserve your workspace by the hour, day or week – instantly – online.

5. Provide A Personal And Professional Touch

Your clients will be treated as though you worked at your professional business address every day. When they arrive for meetings or just to drop off a package for you, Davinci Virtual Office locations offer a lobby greeter who will welcome your clients to the office and provide them with assistance.

6. Get Meeting Spaces With Cutting-Edge business Services

Do you have a big meeting coming up? Rent a state-of-the art conference room at your professional business address. Meeting rooms are fully loaded with LCD projectors, network connections, computer access, TV/DVD players, video conferencing and catering.

If you have need to conduct meetings in multiple locations, Davinci gives you access to over 3,000 meeting rooms around the world. This allows you to collaborate with prospects and clients in an environment that is designed to project professionalism. You can reserve a meeting space by the hour or by the day in every major city throughout the world.

7. Give Them An Expert Communication Experience

A Davinci Virtual Receptionist can answer your phone calls, take messages, make outbound calls—even engage in lead generation. Combined with a lobby greeter at your physical address, your business will offer a very high level of communication to your clients. 

It’s More Than An Address

When you partner with Davinci Virtual Office Solutions to gain a virtual, professional business address you’ll be gaining more than digits and a name. At a very cost-effective rate, you’ll have the tools to project the right image, close deals and expand your business.

Get more small business tips by following Davinci Virtual Offices on Facebook, LinkedIn, and Twitter.

 

The Modern Entrepreneur: An Owner Who’s Mobile, Cost Effective & Visible | Davinci Virtual

The Modern Entrepreneur: An Owner Who’s Mobile, Cost Effective And Visible

Today’s entrepreneur has a much wider reach thanks to mobile solutions that give them the ability to do more with less. The bottom line?  These up-and-comers are competing with the big dogs like never before—and sometimes they even become big dogs, too.

But it all starts with using new and emerging technology to save money and increase market presence.

The Mobility MovementThe Modern Entrepreneur: An Owner Who’s Mobile, Cost Effective & Visible | Davinci Virtual

Armed with the ability to accomplish nearly every single business-related task by using a smartphone or tablet, today’s entrepreneur is nothing if not mobile. Technology is fueling this movement, thanks to cloud-sharing software, apps that enable real-time collaboration and GPS systems that allow you to virtually travel more efficiently with coworkers by signing into Facebook. And when small-business owners and entrepreneurs need work spaces, they can rent them for small one-time fees through virtual office services like Davinci Virtual.

Davinci Meeting and Conference Roomsgives mobile or home-operated businesses the option of renting meeting spaces with all the perks. You can reserve day offices, conference rooms or board rooms as you need them. Workspaces and meeting facilities are fully equipped with the latest technologies including video conferencing and Wi-Fi.

Doing More, Costing Less

For every entrepreneur, reducing overhead is central to the success of their business. Some work from home to save on large-scale rental costs while using mobile technology to work with employees and partners remotely.

But this can be time consuming. Getting everything done without things falling through the cracks is an around-the-clock job. Rather than hiring a full time assistant, consider contracting a virtual receptionist for a low monthly cost.

Live virtual receptionists can take care of administrative tasks, like answering phone calls, so entrepreneurs can concentrate on growing their client base. Davinci Virtual Receptionists are U.S.-based and industry trained to manage incoming calls, provide outbound services (lead generation, appointment scheduling, follow-up calls, surveys and market research, third-party verification services), scheduling, and conference-call assistance.  This way small businesses can save time and money without the need for a heavy-duty telephone infrastructure.

Setting Yourself Apart

To stay competitive, modern entrepreneurs understand that they need an effective marketing campaign that includes a killer website. They know how to access free advertising by promoting their services on Twitter, LinkedIn, Facebook and Instagram, among others. That way they have a rock-solid online presence that generates new business.

And they take advantage of tech-startup services that can help set them apart, like Shakr. Based in Seoul and San Francisco, Skakr helps modern entrepreneurs and small businesses create professional video advertisements. It’s easy and takes little time. By using video templates created by graphic designers who have worked on ad campaigns for major brands, Shakr produces first-rate results.

For a strong offline presence, consider a virtual office package. Davinci Virtual Office Solutions provide you with a business address, mail forwarding services, optional lobby directory listings, access to fully loaded meeting spaces and a wide variety of cutting-edge business services. You can use your address for business licensing or registration and market your new company address on search engines and Internet directories.

Smart Choices

Even though there are more resources available to entrepreneurs than there were ten years ago, it’s still a challenging endeavor to own your own business. But by wisely using the resources afforded by technology, you can increase your reach, lower your overhead, and stand out from the crowd.

Let Davinci Virtual help give you the strongest presence possible. Learn more by speaking with a member of our expert team today.

Three Ways Technology Levels The Playing Field For Small Businesses

With over 23 million of them in the U.S. alone, small businesses have become big business. And technology is making them competitive with larger, more established companies.

Think about how different people work today as opposed to ten years ago. IT costs to set up a domain and server? Gone. Now you can use your smartphone to access your email, share documents, videoconference, access your calendar and much more. And with mobile and virtual solutions, small businesses can operate from anywhere in the world, professionally and efficiently.

Three Ways Technology Levels The Playing Field For Small Businesses | Davinci VirtualMobility Is A Game Changer

Next time you’re in public, look around you. Notice how many people are either using their handheld device or a tablet. Sure they could be texting a friend or playing Candy Crush, but many of them are working. Those handheld computers are allowing small business owners to not only work on the go, but do more and spend less—especially if they take advantage of the plethora of available business apps.

Take Quip. This collaboration tool enables users to draft and edit documents and share changes with employees, partners and clients. There is a chat option to notify work groups on mobile devices as projects change and evolve. The app also works with attachments, and allows you to create and work on documents–even when you’re offline.

Then there’s Yammer, a new social network for businesses that combines collaboration software with business applications. That way employees can collaborate across departments, locations and teams to share information and organize projects.

And while there are many GPS apps, a few of them stand out. It’s hard to beat Google Maps’ routing reliability, but Waze is fast becoming a close second. In addition to voice-activated navigation, the app allows other drivers to share real-time traffic and road information. And by logging into Facebook, people can coordinate their arrival times even as they are en route.

Virtual Solutions Redefine “Small”

Your headquarters may just be an office in your house, but your small business can now become a global operation—without adding much to your overhead—with virtual solutions. It’s pay-as-you-go technology on demand, without the long-term infrastructure investments that larger companies have to deal with.

A live virtual receptionist can take care of administrative tasks, like answering your phone calls, so you can concentrate on growing your client base.  Virtual Receptionists can be U.S.-based and industry trained to manage incoming calls, provide outbound services (lead generation, appointment scheduling, follow-up calls, surveys and market research, third-party verification services), scheduling, and conference-call assistance. This way small businesses can save time and money without the need for a heavy-duty telephone infrastructure.

Renting virtual offices, whether it’s a local space or an office in Asia, is a low-cost way of going global.  With over 950 business locations around the world, virtual office locations can provide business addresses, mail-forwarding services, lobby directory listings, access to fully loaded meeting spaces and a wide variety of cutting-edge business services (including Microsoft exchange products, corporate email and URL hosting). The business address can be used for business licensing or registration and for marketing on search engines and Internet directories.

Meeting and Conference Rooms gives mobile or home-operated businesses the option of a meeting room rental with all the perks. You can reserve day offices, conference rooms or board rooms as you need them. Most workspaces and meeting facilities are fully equipped with the latest technologies and business services, including video conferencing and Wi-Fi.

The Cloud Is Heaven For Small Business Owners

With no upfront costs, cloud computing allows companies to streamline their operations by storing data on remote Internet servers they can access from anywhere. By giving colleagues, clients and suppliers access to your cloud workspaces, you can collaborate in real time anywhere in the world. Work on presentations, proposals and other documents efficiently and effectively — no matter where each party is located.  And because you don’t own the software, there are no installation, maintenance or security costs.

Just Imagine…

If all this can be accomplished in less than a decade, what technological changes are next? Will today’s college freshmen scratch their heads 10 years from now when an older co-worker refers to a digital scanner? How many future college graduates will opt to start their own company because technology will make it that much easier? One thing is certain: Small businesses today are way more competitive with the big dogs than they used to be.

How has technology assisted you in leveling the playing field?

Seven Challenges Of Owning A Small Firm Or Solo Practice

 

Seven Challenges Of Owning A Small Firm Or Solo Practice | Davinci VirtualRunning your own small firm or solo law practice isn’t easy. You must constantly increase your client base, work to stay current with practices in your area and learn marketing skills — all in addition to running a business. It’s time-consuming and uncertain. But there are plenty of positives, too—like being your own boss. Fortunately, resources are available to help you meet these top seven challenges.

1. Modest Salaries

Especially in the beginning, small firms offer smaller salaries than larger firms. But the almighty dollar isn’t the driving force for many attorneys. Just like in other professions, some people put themselves through school, incur large student loans and work long hours because they love what they do and enjoy helping people. Keep this in mind when you’re working long hours to build your business.

2. No Experience Running A Business

Running a small business in and of itself is a challenge. Understanding everything it will entail before you take the plunge will be immensely helpful. The U.S. Small Business Administration offers resources to help you create a business plan and apply for loans. 

3. Limited Resources

With little or no support staff, lawyers may need to file court papers or perform other non-billable tasks themselves.And with fewer available resources, small firms often assume roles outside their traditional job description. But there are outsourcing options available to help you mitigate costs and save time while growing your client base.

Davinci Virtual Receptionists allow you to deliver high-quality service at a small cost so you can better connect with clients and meet their needs. Each of Davinci’s office receptionists is well educated, U.S.-based and specifically trained on your business and all of your specific needs. Here are just some of the benefits they can offer:

  • manage incoming calls
  • provide outbound services (lead generation, appointment scheduling, follow-up calls, surveys and market research, third-party verification services)
  • scheduling
  • conference-call assistance.

4. Modest Office Space

Small firms may contain fewer amenities than those of large corporations and law firms. In addition, the office may be located outside high-rent areas, further from the city and the courthouse and, often, operated from home. Virtual office solutions give you low-cost resources to help.

Davinci is the number-one provider of virtual office solutions with over 950 business locations around the world. Davinci virtual office locations provide you with a killer business address, mail-forwarding services, optional lobby directory listings, access to fully loaded meeting spaces and a wide variety of cutting-edge business services. Use your address for business licensing or registration and market your new company address on search engines and Internet directories.

5. Exposure To Market Fluctuations

Small law firm stability and revenue may rest on a few clients; the loss of a major one could affect the future of your business. That’s why expanding your client base is so crucial and networking and advertising are musts. Contact other attorneys you know and ask them to refer you and add you to their LinkedIn account—and any other professional social-media outlet. Create a professional website (there are low-cost options available like Web.com and GoDaddy) and take out ads in local publications.  Your legal association can connect you with listservs as well.

6. Less Prestige

Small law firms typically lack the name recognition of the mega-firms. Set yourself apart from the small firms by touting your wins. Ask clients to spread the good word either verbally or ask them to post a recommendation on your LinkedIn profile and include your wins in advertisements.

7.  Local Perspective

Small law firms generally have a local client base and lack the multi-jurisdictional presence of larger firms, thus limiting the types of legal work they can do and the types of clients they serve. Take the opportunity to research how you can expand your jurisdiction in other states and internationally. Davinci Virtual Office Solutions offers services to help gain a larger client base in far-flung regions.

Michael Labertew, owner of Labertew & Associates, LLC, has used Davinci Meeting and Conference Rooms to expand his small business. “As an attorney with a focus in international business, the majority of my clients are out of state and out of the country. Davinci’s virtual office allows me to service these clients from anywhere in the world, while maintaining a presence in Utah. Their staff’s professionalism, as well as their A+ prime office facilities and locations allow me the flexibility I need without sacrificing quality,” he says.

Stand The Test Of Time

By using all the resources available, your small or solo practice can enjoy a long and lucrative life. And when a judge rules in your favor, a client thanks you for finding a contract clause that results in a win, or when the legal advice you offered to a client months ago helped them in very significant ways, you’ll enjoy knowing you did it all on your own…

Learn more about how Davinci virtual office spaces and virtual receptionists can help your law firm succeed by speaking with a member of our expert team today.

Small Business Tips: Six Ways To Reduce Overhead Costs

Small Business Tips: Six Ways To Reduce Overhead Costs | Davinci Virtual

Here’s a daunting fact: While more than 500,000 small businesses will launch this month, just as many will fold because they can’t meet overhead costs. Sure, there are factors beyond an owner’s control, like the economy and unforeseen industry changes, but successful small businesses find ways to pinch pennies, adopt wise practices and discover new innovations that save money.

Here are six suggestions:

  1. Go paperless.

It isn’t just for bank statements anymore.  Paperless options are enhancing how people run their business. For example:

  • If contracts are part of your business, companies like Docusign have e-signing services that make documents easy to complete from thousands of miles away, saving time and shipping costs.
  • Need to get hardcopy documents into your employees’, partners’ and client’s hands? Professional scanning companies can turn around large volume of documents in one day by converting them into CD-ROMS, DVDs or simple emails and integrating them with any software system you choose.
  • Cloud computing has become a business game-changer. Cloud-based services now allow you to easily share documents with coworkers and clients so last-minute meetings can be scheduled in an organized, efficient way.
  1. Evaluate your needs.

Make a list of all the items you spend money on for your business and then categorize them into essentials, enhancers and things you don’t need. Take the third list and eliminate everything on it. Take a good look at the “enhancer” list—are you getting a good ROI on each investment? If not, cut those, too. Whether it’s a barely used landline or a web service that could be replaced by a less-expensive service provider, every little bit counts.

  1. Use a virtual office space.

Working from your own home is already a cost saver, but it poses challenges—like where to hold client meetings. Gathering around your kitchen table with Fluffy rubbing up against clients’ legs might not leave the best impression. Davinci Virtual Office Solutions was created to give you a better, cost-sensitive solution.

We provide office locations and virtual office services worldwide. With professional business addresses in over 950 prime locations, we offer mail forwarding, lobby and directory listings, access to conference rooms and day offices, catering, administrative services, business support centers and more.

  1. Stay focused.

Likely you already use the clock to your advantage, but distractions happen—especially when you’re working from home (the dishes from last night, the random knock at the front door, phone calls both business-related and otherwise).

Gain valuable time-management techniques, like multitasking and daily planning, to stop the disruptions.

  1. Use a virtual receptionist.

Another way to avoid distractions so you can concentrate on growing your business is to hire a virtual receptionist—and it’s a lot less expensive than hiring a staff member. Davinci Virtual Receptionist offers live, offsite specialized receptionists who can answer your calls (and screen and forward them) make appointments, place orders, process payments, provide customer care and make outbound calls for a small monthly fee.

  1. Free advertising

Use that social media. Twitter, Facebook, LinkedIn and other platforms are a small-business owner’s way to easily and cheaply spread the word about their business. Why not ask a client to take a moment to write a LinkedIn review in exchange for a fee discount? Or simply ask a client to post a tweet about their experience. It’s free advertising with a vast audience.

The big picture

Owning a small business is an exciting, challenging endeavor. And there is no way to eliminate overhead. But with a smart business plan in place, using all the resources available to you, it may become the most successful move you’ll make in your career. Learn more about how Davinci can help. Contact a member of our expert team or visit our website today.

 

Teenage Bee Entrepreneur Offers Inspiration

As an entrepreneur myself, I understand the power of testimony. So when I see a fellow entrepreneur find success, it’s inspiring.

I was reading about an unlikely entrepreneur this morning whose story I’d like to share. His name is Henry Miller and he’s only 14 years old.

The story begins when Miller visited The Georgia Sea Turtle Center during summer break. Like lots of kids his age, Miller had fun, took pictures and learned sea turtles don’t lay eggs until they’re 30 or 35. For most teens that would have been the end of it, but not for Miller. It seems this teenager is a natural born entrepreneur and activist.

Indeed, Miller has a track record for launching entrepreneurial ventures that he uses to support his pet causes. For example, when Miller was just 11 years old he learned about Colony Collapse Disorder and started his own business donating part to The Foundation for the Preservation of Honey Bees. He reminds, “You know we’ll only last seven years once bees are gone.”

Three years after launching  his first venture, Miller was named Young Entrepreneur of the Year for Henry’s Sweet Miracle Honey & Henry’s Stingers, the second company he started. Henry’s Sweet Miracle Honey & Henry’s Stingers is a unique honey company with products like Grumpy Grandpa—a combination of raw honey, red pepper & garlic—Naughty Nana, a ginger/pepper blend, and Phoebe’s Fireball with its chipotle/cinnamon mix.

Then Miller learned that weterinarians at the Georgia Sea Turtle Center commonly use raw honey to treat turtle injuries. When Miller discovered that only one in 4,000 hatchlings survive, his honey company adopted a sea turtle. His donation goes toward the medical care for other sea turtles.

“My adoptive sea turtle is Phantom. He lost an eye from a boat accident and had a horrible infection from a fishing hook stuck in his neck,” Miller says. “Phantom had to have multiple honey treatments to draw out the infection. Now he’s been released with a transmitter and I’m going to put a link on henrysstingers.com so kids can see where Phantom is at any time. Funny thing is, we use honey in a completely new way while the sea turtles are using it in one of the most oldest ways possible.”

So remember, entrepreneurs, when you find success—find a cause. It’s good to give back to causes that represent your passion.

Check out this video Miller shot:

Teenage Entrepreneur Works to Inspire Youth

Need a little entrepreneurial inspiration? Katalina Pinkney offers plenty.

In many ways, Pinkney is your typical teenage California girl. Typical, that is, if she wasn’t the Chief Executive Officer of a wildly successful skin care product company.

Pinkney founded Tahiti Waheennee. The company produces and wholesales skin care products to hundreds of retailers across the U.S. and in Canada. Her success is no accident. She had a strong entrepreneurial pull to build a company while still in high school—and that determination drove her to success.

“I wanted to build a successful business that creates great products, jobs and ultimately does good things for other people,” says Pinkney. “My generation is learning lessons from watching the older generations and the fallout from the global recession.

“I’m young and at the beginning of my journey in business, but I’m convinced that young people with a dream can succeed and make a difference. There is no rule that says you cannot succeed until you are 30 or 40. Many successful businesses are started by teens, and I’m working on building a global business.”

Listen to her talk! Pinkney got inspired when she was just 16. She was watching the a continual drop of news about families around the world being impacted by layoffs, increasing unemployment rates and other bad economic news. So she set out to build a business that could help people with jobs and in other ways.

In fact, one of first things she did when the company started turning a profit was to throw a holiday party for school children living in a financially distressed area. Pinkney’s reasoning: “I want to help others by inspiring them to visualize and strive for their own goals in life.”

Sheila Routon, marketing manager at Four Seasons, a major U.S. distributor of Pinkney’s products, says she have been amazed by this young entrepreneur since the company started distributing her products in November 2010.

“We see her at national trade shows commanding large audiences of retailers, and we have enjoyed being part of her success,” Routon says. “Her product sales have grown exponentially since we began distributing Tahiti Waheenee. It’s been great to watch Katalina and her business grow.”

Listen, Entrepreneurs: Here’s How to Find Funding…

There’s been plenty said about how hard it is for small businesses to get loans. How about entrepreneurs raising capital? Lucky for you, we ran across an article in Forbes and Entrepreneur magazine today that offers a decent list of creative ideas.

You can check out the entire article for yourself, but here are some ideas from Forbes to get the creative funding juices flowing:

  1. Partnering with another company through a research and development limited partnership
  2. Applying for government grants
  3. Obtaining venture capital funds
  4. Using public or private equity placement
  5. Seeking out angel investors (private business investors)

Here are some more funding tips from Entrepreneur magazine. These specifically relate to getting funding from friends and family, also known as angel investors:

  1. Don’t be afraid to ask, carefully.
  2. Be upbeat and respectful.
  3. Be passionate about the idea.
  4. Demonstrate progress and your own “skin in the game.”
  5. Ask for the minimum rather than the maximum.
  6. Communicate the risks, and write down the agreement.
  7. Show some incremental value along the way.
  8. Network to build investor relationships before you ask for money.
  9. Don’t think of friends and family funding only as a last resort.

Finally, check out this YouTube video for some fresh ideas. And be sure to share any ideas you have with us in the comment box below.