March 1, 2022 8:00 am
Many entrepreneurs attribute the success of their businesses to hard work… and a little bit of luck. This month, in honor of St. Patrick’s Day, we ask: is luck the determining factor for a business’s success? The consensus is no. Entrepreneurs who credit good luck for their success usually indicate that it is only a portion of what goes into business success – and far smaller than the majority. Most of them give luck credit amounting to 20% or less. When pressed, the common thread for what people consider “luck” is actually just good timing. Elon Musk revealed that Tesla[...]
November 2, 2021 2:23 pm
At 3 Steps to Startup, we are excited to present an opportunity to attend our free, virtual venture fair on Tuesday, November 16th, from 9:00 am until 12:00 pm. Our second venture fair of 2021 builds upon the work we did earlier in March 2021 at the 3 Steps to Startup Venture Fair. If you missed our March event, all recordings are accessible here. What exactly is a venture fair? A venture fair provides the opportunity for entrepreneurs, funders, economic developers, and other startup stakeholders to gather and share information. The goal of a venture fair is to match small[...]
October 19, 2021 7:00 am
This month at 3 Steps to StartUp, we want to take the time to recognize the progress that West Virginia women-owned businesses are making in our communities. In December of 2020, West Virginia ranked 11th for its percentage of women-owned businesses! At 3 Steps to StartUp, we are proud to recognize the hard work and promising futures for two women-owned startup companies here in West Virginia. Below, learn about these local, women-owned businesses and our involvement in their successes. Reid Miller Reid Miller is the founder and CEO of her self-named apparel line, which makes high-quality, classic wardrobe staples for[...]
September 21, 2021 8:00 am
Whether you’re a natural or not, networking is truly vital when you’re starting a business. 3 Steps to Startup recognizes this necessity! We offer five reasons why you should focus your efforts on networking from the startup process to the day-to-day operation of a business. Access to Resources, Including Venture Capital Networking quite literally means expanding your “network” of people, creating links as you go. Those in your network are resources for you to contact when you find that there’s something you can’t accomplish on your own. Connections can put you in touch with their connections, and the network[...]
September 7, 2021 8:00 am
It has historically been tough to get a business going in rural America. With current obstacles like the COVID-19 pandemic affecting ventures across the board, things have been even more difficult for startups in small towns. A statistic shared in early 2020 (pre-pandemic) showed that startups in rural communities make up only 12% of all startups (compared to 20% in the 1980s). Rural entrepreneurship poses some obstacles that big city entrepreneurship doesn’t. Finding capital is a big issue for entrepreneurs everywhere, but startups struggle even more in small towns. Utility access problems like the lack of access to high-speed internet hinder ventures[...]
August 11, 2021 10:00 am
Many agree that there are recognizable “types” of entrepreneurs with specific motivations and specific characteristics. Knowing what entrepreneur type you are can help you fully understand and unlock your highest potential… and it can also help you avoid pitfalls associated with your entrepreneur type. Below, we’ll describe 4 major entrepreneur types so you can see which type matches you – and so you’ll be aware of weaknesses as you pursue your entrepreneurial dreams. The Innovator The Innovator is solution-driven. Innovators are typically enthusiastic and creative, offering innovative (hence the name) solutions for currently existing problems or even problems consumers don’t know[...]
