Home > Entrepreneur Daily > September 24, 2007

Entrepreneur Daily

Win Your Own Startup

(Events and Resources, HR and Management, Tech)

Some entrepreneurs say the toughest part of building their startup is finding capital. Bang Ventures, a New York-based investment firm, wants to alleviate that problem for three lucky entrepreneurs. You Be the VC is an open call to entrepreneurs with brilliant tech ideas. Applicants must create a profile and fill out an application to be considered. Then, judges will narrow the entries down to the top 20 finalists, who will create a video pitch to be voted on by the public, American Idol style. The winners will spend next summer in Cambridge, Massachusetts, working with a team of expert consultants, advisors and programmers to build their dream startup company.

Small Biz Confidence Sours

(Business News, HR and Management)

According to the Discover Small Business Watch, small-business economic confidence is at its lowest point in a year, mainly because of cash flow issues. The report shows that 46 percent of small-business owners have experienced cash flow issues in the past 90 days, up 5 percent from last month's survey and up 11 percent from July's. But, at the same time, 40 percent believe conditions will improve by year-end, up from 36 percent in August.

Another sign of the times: About one-third of entrepreneurs say they extend credit to their customers. Of those small-biz owners, 64 say their customers have delayed a payment in the past three months.

The Entrepreneurial Curse

(HR and Management)

Entrepreneurs seem to have it all: their own business, loyal employees and the power to make their own schedule and be their own boss. But what about their relationships? Because starting their own business requires so much time, entrepreneurs tend to put their personal relationships on the back burner. That's exactly what ABC's newest Bachelor did in the past--and now, at the age of 34, he's says he's finally ready for love. Brad Womack, from Austin, Texas, is co-owner of four bars along with his two brothers, Chad and Wesley. Thanks to the success of their establishments, the trio is planning to expand into other business ventures, including a hotel.

But despite all his success, Womack says there's something missing in his life. He's ready to settle down and find a woman he can spend the rest of his life with. Tune in to find out if Womack finds that special lady tonight on the season premiere at 9:30 on ABC.