MTV Movie Awards 2010!

MyCorporation was invited to attend the 2010 MTV Movie awards to showcase our products and services to celebrities. We were excited to meet so many celebs who have used or heard of our site! Those who hadn’t heard of us were impressed by what we have to offer. This experience confirmed that no matter whom it is, MyCorporation can provide the best support and service to anyone starting a business.

Check out the video of the event:

http://www.youtube.com/watch?v=Pbrdc4cR40E

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Risk and Reward

It is rare to find that entrepreneur who is fearless of the risks involved with starting a business. Financial, personal, and social risks are all within the realm of entrepreneurship. Some crumble at the thought of the risks involved. Others work hard to make sure the risks are calculated and that they are able to succeed.

The best ways to take risk is to be prudent about them. Take every opportunity to hedge your bets in case something unexpected happens. Often, taking these risks involve spending money. When an entrepreneur feels confident in their product, it may be the right time to spend the money to take the company to the next level. If an entrepreneur is just starting, it may make sense to spend some extra money on protecting assets while getting their business going. Overall, the risk is the frightening part, but the leap of faith can reap great rewards.

Take a look at this article where an entrepreneur took risks and is now watching her business grow:

http://money.cnn.com/2010/07/27/smallbusiness/amazing_edibles/index.htm

Take advantage of not only the incorporation services of MyCorp, but also the variety of other services which can help you take risks with more confidence and see more reward.

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Location, Location, Location…

When starting a new entity, entrepreneurs often worry about if their business can take off in their home state. Can a new business be successful where they are located? The answer is YES. A niche in the marketplace can be found almost anywhere. It’s up to the entrepreneur to create a business that serves the marketplace effectively. No matter where you are, making the business tailored to the niche will create value for the customers and success for your business.

If you are targeting your business to serve a specific industry, there may be certain locations which are hubs for that industry. For example, Silicon Valley is the home of many ground breaking technology companies. Detroit has long been a hub for the automotive industry in the U.S. and New York City and San Francisco remain the financial capitals. That being said, many newly energized cities are up and coming homes for a variety of industries. Potential clients and customers are within reach and finding a new city to do business may make you a leader in an up and coming marketplace.

Start your business with MyCorporation, figure out how your company can add value, and then get out there and find clients who can use your services (they’re everywhere)!

Here is an article that breaks down some these energized locations: http://www.entrepreneur.com/magazine/entrepreneur/2010/august/207496.html#

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