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The HOT Sauce Blog for Entrepreneurs

Expert Interview Series: Blaine Bertsch of Dryrun.com With Financial Management Tips for Entrepreneurs

February 20, 2017 by Akira Hirai


Blaine Bertsch

Blaine Bertsch is a Co-Founder of Dryrun, where he oversees business operations and product design. We asked Blaine for his financial advice for small business owners. Here’s what she shared: Can you tell us about the mission behind Dryrun? What are some of the pain points you’re trying to help business owners solve? Dryrun help businesses bring clarity to the future of their finances. Many financial tools focus exclusively on past occurrences but the success of business rides on what is coming in the future. Dryrun’s unique, scenario-based approach combined [Read More]

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Radical Candor: Be a Kick-Ass Boss Without Losing Your Humanity

February 16, 2017 by Akira Hirai


Radical Candor: Be a Kick-Ass Boss Without Losing Your Humanity

It’s unnatural. It’s stark. It’s brutal at times. And it’s exactly what your employees need to hear. Candor. Stark, honest, up-front assessment and feedback. Perhaps we have shifted the emphasis on tolerance too far in the workplace. In the forthcoming book, Radical Candor: Be a Kick-Ass Boss Without Losing Your Humanity, author Kim Scott urges supervisors and managers to deploy a feedback and communication method she feels is too often missing in today’s business environment. Scott, a former executive at Google and Apple, describes her approach to effective management. Scott [Read More]

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These Countries Offer Visas for Entrepreneurs

February 11, 2017 by Jimmy Lewin


These Countries Offer Visas for Entrepreneurs

We have written from time to time about the opportunities for entrepreneurs from other countries to obtain non-immigrant visas by investing in an existing business or by launching a new enterprise in the United States. These visas are part of the U.S. E- 2 visa program. Permanent residency is also available through the U.S. government’s EB-5 program for investors who, in addition to investing a substantial amount of capital, also meet several other important requirements. We thought our readers may also be interested in learning about other countries that offer [Read More]

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Want an E-2 Visa? Think Franchise.

January 30, 2017 by Jimmy Lewin


Want an E-2 Visa Think Franchise.

Many prospective clients come to us to ask for help with the preparation of a business plan that would be submitted as part of a petition (application) for an E-2 visa, commonly referred to as an “Investor Visa.” It is interesting to note that in many instances, these clients have no idea what business they should invest in. Perhaps they should purchase an existing business or invest in a startup. We always recommend that, in these cases, the client should consider purchasing a franchise that operates in an area for [Read More]

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Expert Interview Series: Steven O Connell of RebelBio

January 29, 2017 by Akira Hirai


Steven O Connell

Steven O Connell is Associate Director and Programme Manager at RebelBio, the Global BioAccelerator Initiative powered by SOSV, a venture capital fund. We recently asked Steven for his insights on forming a biotech start-up from forming business plans to getting funding. Here’s what he shared: Can you tell us about your professional background? How did you become interested in helping biotech startups? I was always fascinated by biotechnology and how the costs to do interesting scientific research was falling rapidly. I learned about Moore’s Law and how the cost of [Read More]

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Transitioning to Leadership

January 24, 2017 by Akira Hirai


The 17 Skills Leaders Need to Stand Out

Whether you’re a brand-new manager or an experienced professional, there’s always room to learn new skills and hone existing ones. The Harvard Business Review, in its’ new book Manager’s Handbook: The 17 Skills Leaders Need to Stand Out, the editors present practical advice that helps existing leaders and those transitioning to leadership to improve their organizations and transform their employees. The 17 skills are presented in five sections: How to develop a leader mindset Managing yourself Managing individuals Managing teams Managing the business What sets the handbook apart from other [Read More]

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What’s the Difference Between the L-1A and L-1B Visas?

January 16, 2017 by Jimmy Lewin


L1A and L1B Visas

The L-1 classification of visas are called “Intracompany Transferee” visas. These types of visas are used when a U.S. company wishes to transfer an individual or individuals from a foreign affiliated company to its U.S. operations or when a non-U.S. company wishes to transfer an individual to its newly established or existing U.S. business. The central idea is that the individual(s) being transferred are not U.S. citizens and therefore require a visa in order to do the transfer legally. The United States Citizenship and Immigration Services (USCIS) categorizes L-1 visas [Read More]

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Is Learning to Simplify the Secret to Success?

December 13, 2016 by Akira Hirai


Simplify: How the Best Businesses in the World Succeed

In their new book, Simplify: How the Best Businesses in the World Succeed, authors Richard Koch and Greg Lockwood describe strategies for achieving market leadership and even market transformation through simplification. Koch is a management consultant and entrepreneur who began his career at Boston Consulting Group. Lockwood is a venture capitalist, or as he describes, “a professional skeptic.” In researching the topic, the authors realized that “nearly all of the great success stories of the twentieth century – right up to the present day – are stories of simplifying.” Their book is filled [Read More]

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How to Win Government Contracts

November 29, 2016 by Nancy Clauss


How to Win Government Contracts

Are you someone a government agency wants to work with? If you know you are, this is how you can you communicate it in your bids.

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How to Keep Your Sanity as an Entrepreneur

November 25, 2016 by Akira Hirai


how to stay sane as an entrepreneur

While it’s true that many entrepreneurs may need to rethink their business models, Myers suggests that the best approach is to rethink your thinking.

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