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What States Have the Best Tax Rates for Small Businesses? North Carolina Ouch But ...

What States Have the Best Tax Rates for Small Businesses? North Carolina Ouch But ... | Personal Branding Using Scoopit | Scoop.it
The top 10 best state tax rates for small businesses and the 10 worst state tax rates for small businesses.
Martin (Marty) Smith's insight:

North Carolina Ouch
Wow North Carolina is on the WORST list here, but this list and post shows there is more to starting up a company than taxes. Try finding VC support or a good CTO in Alaska or Montana.

I'm sure VC and great CTOs exist in all of these states, but I'd rather pay higher taxes and have what is needed to create a company (I've created 4 companies in NC).

NC has COLLEGES and a growing investment community. We aren't Austin or Boston yet but we have large numbers of people starting companies and supporting those who do.

Our taxes may be higher than some of the "best" states, but you get what you pay for. Being an innovator and entrepreneur is easier where you don't have to burn resources to establish the startup road. This is why the rich get richer such as Boston, Ausin and Silicone Valley.

Having started 4 companies here I've found the colleges to be a huge help in creating an ecosystem where startups are understood and for producing some big winners such as SAS (started at UNC) and Sharefile now owned by Citrix started just after Duke.

Having Duke, UNC and NC State within a stone's throw of one another creates the kind of ecosystem that you want to LIVE in and start a company. Alaska is too cold, Utah too Mormon and Nevada too hot for me I don't care what their taxes are.

I pent weeks traveling through Utah and Nevada during Martin's Ride to Cure Cancer our 2010 ride across America to cure cancer and can't imagine living in Utah or Nevada.

Utah is beautiful but desolate. I've never felt so alone on a "highway", a good feeling on an early morning bicycle ride a lousy feeling if you are starting a company. Nevada was so depressed I'm not surprised their taxes are so low. Nevada is a one trick pony and their alliance to gaming makes the sate untenable for living for many.

I realize these are someone baseless prejudices since I only rode a bicycle through these states, but this list proves there is more to starting companies than taxes.

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Journey vs. Destination Life - @HaikuDeck Created For Triangle Startup Weekend Healthcare #TSWHealth #tswhealth

Journey vs. Destination Life - @HaikuDeck Created For Triangle Startup Weekend Healthcare #TSWHealth #tswhealth | Personal Branding Using Scoopit | Scoop.it

Haiku Deck Presentation inspired by Triangle Healthcare Startup Weekend "Kickoff Talk" 8.8.14 Durham, NC.

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How To Hustle Like 50 Cent: 5 Lessons For Street-Smart Entrepreneurs | Visual.ly Infographic

How To Hustle Like 50 Cent: 5 Lessons For Street-Smart Entrepreneurs | Visual.ly Infographic | Personal Branding Using Scoopit | Scoop.it
An infographic that carefully breaks down the core elements of 50's outrageous success as a business mastermind, into 5 actionable lessons. Get your h
Martin (Marty) Smith's insight:

Great infographic and had no idea 50% of things 50 Cent is up to. Great tips.

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When Your Co-Founder Has Cancer... via @1918

When Your Co-Founder Has Cancer... via @1918 | Personal Branding Using Scoopit | Scoop.it

In January I received a call from my friend and mentor, he asked me to join him in starting a new company. Marty is in his mid-fifties and has cancer, multiple sclerosis and a work ethic that would

Marty Note
So thankful for this inspirational note from my Curagami (http://www.Curagami.com ) Co-Founder Phil Buckley and the many stories, notes of encouragement and shares Phil's post is prompting. I head to Ohio State again soon for treatment of my leukemia and do so with a pocket full of inspiration, new friends and courage. Thank You. M

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Startup Factory - Most Capitalized Accelerator in Southeast - Live Your Dreams

Startup Factory - Most Capitalized Accelerator in Southeast - Live Your Dreams | Personal Branding Using Scoopit | Scoop.it

Fall 2014 Application Deadline is Monday 6.30.14:
http://thestartupfactory.co/

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Treat Customers Like Your Girl Or Boy Friend, No Really

Treat Customers Like Your Girl Or Boy Friend, No Really | Personal Branding Using Scoopit | Scoop.it
***** funny and welcomed on a Friday Marty

This is a usefull post written by Vlad Barshai (@vbarshai) that gives you tips on how and why you should treat your customers or users like your girlfriend. This is an example I always use during the training sessions I take about social media marketing for small businesses. 

Whether you're a start-up or a small business facing some problems with your customers on social media, you'll find it usefull!

 

"You always have to remember that until you have users, you're just another cool lemonade stand (website) in the middle of the dessert (web). One of the most important questions to ask yourself is: how do I get her (people) to love me? How do I get her (them) to care about my (its) existence?

Let's take a step back and look at our "users" as our girlfriend. Here are some scenarios:


#1 Don't assume she (they) will say 'yes': Of course she (they) won't! Especially if you move too quickly (ask for too much information). They want to get to know you without giving away too many details. The best thing to do is assume that they will most likely say "no" and do everything you can like work-out, smell nice, dress good (layout, pitch, call-to-action) to higher your chances and make you impossible to resist. At the end of the day, they can always turn away (press the back button or x) to eventually find themselves a boyfriend (competitor) who can make their life better.

 

#2 She (they) won't know what to do unless it's right in front of her (them): It's true, every girl (user) likes to have everything taken care of. They want you to take the initiative and iron out a path... ask them on that first date (an initial e-mail submit) and clearly show them why you're worth their time (pitching the value proposition). Then they want You to have everything planned out beautifully (your layout) and ready so that they won't have to think of much (single path and call-to-action). They want to enjoy a great end-to-end experience (every move is simple, clear, precise) from the moment they leave the house (come to your site) to the moment they return home (press the back button or x). The girlfriends (users) really don't care how hard it was for you to do it, they just want it done so that they can brag to their friends (other influencers) about how good you are.

 

#3 Be nice! Overly nice if you have to: Everyone loves to feel loved. Everyone loves to feel that they matter. She (users) is no different. They want to know that if there are issues, you're a quick reach away from and can solve them immediately. They hate waiting! The way to make her (them) know you're great is to make sure that you're always there when there is a problem. Remember, the bad will stick with her (users) for years ... and the good will only be reminisced when there is nothing better ... but there will usually be something better.


#4 Stop worrying that someone (a competitor) will come in (to your market) and take her (your user) away: Instead, focus on why she (your users) stays with you and continue improving on your secret sauce. This is usually your thing (MVP - minimum value proposition) that she (users) won't find anywhere else. I know that anyone can take her out (feature #1), dine her (feature #2), and buy her material possessions (feature #3). But do they care for her (users) like I do? The first question I think about when I talk to her (users), is "what can I do that will make me stand out amongst everyone else? How can I help in a way that will shine past what everyone else is willing to do?" Finding my focus, which in my case is compliments (emotion exchange) to her (them) helps me when another guy (competitor) gets a better car (cooler feature) or just has more to offer (larger feature set).


#5 Once you stop contacting (e-mail) her (them), she'll (they'll) forget you: You're basically letting her (them) know one thing - I don't care about you enough and I know I can't offer you anything good enough for us to stay in touch... we should probably part ways. The name of the game is to constantly offer some value. So if you loose touch, then you are hoping for the best (that your users will one day remember you and come themselves). This is the reason you need to call (e-mail) her (your users) at least once every 2 days if not once every day. If this seems excessive then maybe you're just not close enough to her (your users). You might even want to say that you miss her (them) when you don't hear from her (them).


Treating her (each user) like the love of your life, might just get you to understand exactly what she (they) wants. In which case, you get married (premium sign up) .... and that's when you really have to be there ... through thick and thin ... because if she (they) leaves at this point, then she (they) is gone forever ..."

 

Read the entire article here: http://not99.posterous.com/treat-your-users-like-your-girlfriend

 


Via Flavian Mihai
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