Geri Stengel

 
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How Entrepreneurs Can Keep Their Heads Without Losing Their Hearts

How can entrepreneurs avoid making mistakes?

Entrepreneurship is difficult and can feel like a lonely journey. Sheryl O'Loughlin learned the hard way, as many entrepreneurs do. You don’t have to.

Read all of How Entrepreneurs Can Keep Their Heads Without Losing Their Hearts on Forbes.com.

 
 
 
 
 
 
 
 
 

Disrupting Costly Access To Eldercare Leads To Business Opportunity

For more than 25 years, Ginalisa Monterroso worked for nursing homes, maximizing the amount of money they got paid for their services. Hospitals and  nursing homes get paid more if customers pay directly for services than if Medicaid pays. Monterroso’s job was to exhaust a customer’s personal money before using Medicaid benefits. The truth is that people, even if they have money in the bank and a home, may be entitled to Medicaid benefits.

Monterroso grew so frustrated watching people deplete their life savings when another option was available that she set up a consulting practice, Medicaid Advisory Group.which helps people get the benefits that they are entitled to.

Read all Disrupting Costly Access To Eldercare Leads To Business Opportunity on Forbes.com.

 

The Nuts And Bolts Of Scaling A Company

When you think nuts and bolts, you probably don’t think innovation. Not so for Jewel Burks, co-founder and CEO of Partpic. She managed customer service for a parts distributor and dealt with the calls from frustrated customers who had been sent the wrong part or couldn’t identify the part they needed because the product name or number was partially rubbed off.

Again and again, customers asked if they could send a photo of the part so the distributor could match it. The last straw was when Burks’ grandfather, a farmer in Alabama, had to delay harvest because a part for his tractor broke, and together they had trouble identifying and replacing it. There had to be a better way, she thought.

Read all of The Nuts And Bolts Of Scaling A Company on Forbes.com.

 

The Nuts And Bolts Of Scaling A Company

When you think nuts and bolts, you probably don’t think innovation. Not so for Jewel Burks, co-founder and CEO of Partpic. She managed customer service for a parts distributor and dealt with the calls from frustrated customers who had been sent the wrong part or couldn’t identify the part they needed because the product name or number was partially rubbed off.

Again and again, customers asked if they could send a photo of the part so the distributor could match it. The last straw was when Burks’ grandfather, a farmer in Alabama, had to delay harvest because a part for his tractor broke, and together they had trouble identifying and replacing it. There had to be a better way, she thought.

Read all of The Nuts And Bolts Of Scaling A Company on Forbes.com.

 

Changing The World One Period At A Time

Like many other entrepreneurs, Miki Agrawal starts companies based on her needs and the needs of those she cares about. When she sees an unmet need, she fills it.

In 2005, when her twin sister, Radha, had one of those embarrassing moments during a three-legged race at a family barbecue — she got her period and soiled her bathing suit — Miki and Radha had an “aha” moment. With all the innovation in the world, there had to be a better way.

Miki’s second “aha” moment happened when she asked a school-aged girl in South Africa why she wasn’t in school. The girl’s response: “It’s my week of shame.” The girl had tried rags, leaves, mattress filling, and mud, but nothing worked. So, once a month for a week, she stayed home from school, just like 100 million other girls in developing countries around the world.

Read all of Changing The World One Period At A Time on Forbes.com.

How Lucrative Israeli Tech Investments Opened Up To Global Investors

Two women have taken on the task of connecting high-return Israeli tech start-ups with the angel funding they need to take off. It’s been a challenge, despite the track record of such companies.

Angel investors are beating out venture capitalists when it comes to Israeli tech companies. Between January 2011 and July 2014, nearly half of the most profitable investor exits were funded exclusively by angels, according to iAngels, an equity crowdfunding platform. Although angels invested smaller amounts of money than VCs, they reaped the high rewards that VCs crave: 10 to 30 times returns. They also did it in three years or less which is far faster than the five to seven years for U.S. companies reported by CB Insights, a data company that tracks investments in private companies.

To read all of How Lucrative Israeli Tech Investments Opened Up To Global Investors go to Forbes.com.

A Business Vision That Steve Jobs Would Envy

Being the next Steve Jobs requires a bold vision for your company. So when Joanna Drake Earl, serial entrepreneur, angel investor and venture capitalist, told me about Danielle Applestone’s vision for the Other Machine Co. (OMC) I knew I wanted to talk to her. Applestone’s vision captured the imagination and wallets of more investors in Broadway Angels, a group of world-class angel investors, than any other entrepreneur’s vision. Sounds a lot like Jobs!

To read all of A Business Vision That Steve Jobs Would Envy go to Forbes.com

Child Support Doesn't Have To Create Family Stress

Creating a product to meet your own big pain point
In the U.S. alone,  $200 billion in child support and expenses changes hands annually, according to Sheri Atwood, founder of SupportPay. Parents (the vast majority are dads) don’t have a problem paying for their children’s expenses, they just want to make sure that what they pay is for the child. Parents are 90% more likely to exchange child support and expenses when they clearly see what they are paying for, said Atwood. SupportPay makes sharing expenses transparent as well as easy to do.

To reall all of Child Support Doesn't Have To Create Family Stress go to Forbes.com.

Growing Companies Have Financing Alternatives

Jamie Kent needed money to grow Yoga Download. But she didn’t qualify for the bank loan she wanted and she didn’t want to give up equity to investors. She found another solution — revenue-based financing from Lighter Capital.

Kent started Yoga Download in 2007 to provide yoga that was more affordable and accessible. Someone on the beach or at home could have access. Initially, she provided audio downloads that could be played on an iPod or MP3 player. But when online technology advanced and streaming video became common place, she knew she had to offer video because her competition was. But producing video was much more expensive.

To read all of Growing Companies Have Financing Alternatives go to Forbes.com.

Clear Purpose Drives Entrepreneurial Success

Women control 80% of all consumer purchases but, with so many media options, reaching female consumers has become increasingly difficult. As a marketer for a large corporation, Aliza Freud recognized this as a major pain point. In 2007, she launched SheSpeaks’ to help brands better understand female consumers and what motivates them.

Shespeaks’ started attracting a lot of influential female bloggers. These women wanted to amplify their voices and spread their opinions far and wide. The company pivoted when Freud realized that she could not only provide insights from influencers but could use them to the spread the word about products and services they liked. In an industry that doesn’t stand still — and these days what industry does? — Freud has learned the importance of adaptability. She’s built adaptability into the DNA of her company and yet stays committed to its original purpose — understanding what women want and sharing their insights with others.

Read all of Clear Purpose Drives Entrepreneurial Success of Forbes.com.

Photo credit: Tracy Paul & Company And LA’s Blogger Elite Host A Multi Brand Press Preview In West Hollywood



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