27 articles Articles posted in Articles

Weekly Resource #43 NEIdeas

Weekly Resource #43 NEIdeas

Start up businesses get a lot of love in the funding world. We’ve covered such things fairly extensively in previous blog posts. But what about the established businesses that need help growing? It can be hard to come by extra cash to push your business to the next level. NEI is here to help with that. In an effort to cater to the established businesses that have been a part of Detroit for years, NEI …

Continue reading →

Weekly Resource #44 Best Shot Workshop: Detroit

Weekly Resource #44 Best Shot Workshop: Detroit

The Best Shot Sales Workshop is a great way to become familiar with how to effectively deliver a sales pitch. This event will take place on Wednesday, May 14th in downtown Detroit and is brought to you by the MMIC. It will benefit business owners and entrepreneurs of any level of experience. MMIC strives to present new information and ideas that will better prepare attendees for making sales. This event centers around a panel luncheon …

Continue reading →

Weekly Resource #41 MMTC LEAN Panel Discussion

Weekly Resource #41 MMTC LEAN Panel Discussion

One thing that I think is important for entrepreneurs to keep in mind is that you are far from the first person to do what they are doing. Opening a business or developing a product has already been done millions of times by millions of people for thousands of years. Seeking the collective knowledge of business owners and creators in order to lean from their success’ and from their mistakes is an easy and effective …

Continue reading →

Weekly Resource #37 Junction 440

Weekly Resource #37 Junction 440

We’ve covered incubators before, specifically, the University of Michigan’s Incubator in Flint. I always enjoy hearing about new incubators, which seems to be happening more and more regularly as of late. Incubators are popping up left and right to cater to all of the different business areas that you may find yourself entering as an entrepreneur. One Incubator that caught my eye was Junction 440, Techtown’s most recent addition to their collection of business resources.  …

Continue reading →

Weekly Resource #34 GROW Entrepreneure Training

Weekly Resource #34 GROW Entrepreneure Training

Grand Rapids Opportunities for Women was established in 1989 and has  grown into a promising resource for people of all ages, ethnicity, genders, and incomes to utilize in order to pursue a goal of financial independence through entrepreneurship. This non Profit offers many resources ranging from entrepreneur training to financial support and networking. I’ll be focusing on the entrepreneur training resources that GROW offers in this weeks weekly Resource. Firstly, if you are planning on …

Continue reading →

Weekly Resource #31 Food Lab Detroit

Weekly Resource #31 Food Lab Detroit

Foodlab is a Detroit organization that aims to accomplish many food-centric goals. Primarily, their aim is to create an environment among the food entrepreneurs of Detroit that facilitates cooperation in order to streamline the city’s growing good food movement. They accomplish this in many ways and since their establishment in 2011, they have continued to regularly introduce new ways for the community to interact and for new food entrepreneurs to develop their business. Foodlab had …

Continue reading →

Happy Thanksgiving!

We here at InsYght have much to be thankful for. We are so grateful for the dedication and support of our partners, for the passion & vision of our entrepreneurial audience, and for the promise of this great city. What are you thankful for? Happy turkey day  to you and yours. From: The InsYght Team

Continue reading →

Weekly Resource # 29 Global Entrepreneur Week

Weekly Resource # 29 Global Entrepreneur Week

You have probably already heard of the BizGrid and may even have a copy of it yourself. On November 19th you will have an opportunity to meet the people that created BizGrid and the organizations that are listed on it. BizGrid goes live on the 19th at this event! Be sure not to miss it. Thanks to the support of the New Economy Initiative, this event is free to anyone interested in conducting their business …

Continue reading →

Weekly Resource #27 – Detroit Startup Weekend

Weekly Resource #27 – Detroit Startup Weekend

54 hours. That is all you have to work with if you participate in Startup Weekend in Detroit on November 15th. Startup Weekend is a Seattle based non-profit organization that holds events across the globe. In recent years, they have held over 400 events across 100 countries. The goal of every entrepreneur that attends Startup Weekend should be one thing and one thing only, launching a Start up in 54 hours. Everyone is welcome to …

Continue reading →

Are your Financial Projections Just a “Gut” Feeling?

3 Steps to Create Realistic Financial Projections for a Startup

Are your Financial Projections Just a “Gut” Feeling?

Investors, lenders, and even friends and family are going to want to see your financial projections before they put a dime into your startup.  Creating realistic, data based financial projections for a startup can be difficult, especially when your idea is new, with little history of success to build your projections.  There are 3 basic steps to create financial projections that are more than just your “gut” feeling. 1.  Supply and Demand Research – The …

Continue reading →