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Entrepreneur of the Week: Peter Li of Froots & Co.

LiOur entrepreneur of the week is Peter Clement Li, a recent Johns Hopkins graduate who is making grocery shopping for fruit a thing of the past.

What kind of services does your company provide?

Froots & Co is all about making fruit convenient and affordable. We deliver your choice of fruits to your doorstep on a regular basis so you don’t have to worry about maintaining a consistent supply. Going to the grocery store is a chore, but it’s still important to have healthy snacks throughout the week.

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How to Get Funding for your New Business

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Funding your start-upAre you looking for money for your start-up or expanding business? Are you looking for a support system that believes in your company? If so, you may be interested in contacting a venture capital firm to help.

 

These investors will provide capital to foster growth, product improvement, and/or reorganization of company administration and procedures. In order to start this process, your company must create a business plan indicating future intentions, predicted growth rates, expected income, etc. to show to the investors. From there the venture capitalists will look at the plan and decide whether or not to invest. Your company will get funding, networking opportunities, and experience in exchange for some stock and decision control.

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Entrepreneur of the Week: Dr. Romesh Wadhwani

IncPlan.net works with Start-Ups from all over the globe. We find it exciting to work with people who are pursuing their dreams with energy and success. The Start-Up Spotlight Profile series shares the stories of these dynamic achievers.

Dr. Romesh Wadhwani, the founder, Chairman and CEO of Symphony Technology Group, is a prime example of the self-made man. His estimated current net worth is $1.9 billion, putting him at #250 on the Forbes 400.  He is 65 years old and is married with one child.

Born in India, Wadhwani attended the Indian Institute of Technology in Bombay where he earned a Bachelor’s degree in Electrical Engineering. He then came over to the United States in 1969 with not much more than his dreams and ambitious attitude, and earned his MS and Ph.D. degrees in electrical engineering at Carnegie Mellon.

 

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Understanding and Developing Marketing Principles

Inconsistency is one of the most fatal flaws in the business world. Without a solid base of principles on which to build your company, it will be difficult to make the best decisions for the company, marketing efficiently, and develop the general feel of the business.

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Jobs are Available Even with Rising Unemployment

With unemployment rates rising, it seems preposterous that job openings are widespread and plentiful. The United States government is constantly bombarded with the demand that more jobs be created, yet positions are readily available and just waiting to be filled. Why is this paradox occurring?

Lack of Skill

For one thing, many jobs require a specific skill set that applicants seem to lack. Unskilled jobs can be done by interns and arbitrary individuals from Craigslist, but skilled work takes more training and personal proficiency. According to a ManpowerGroup survey, some of the toughest positions to fill these days include software developer, information technology specialist, sales representative, accounting/finance staff, truck driver, mechanic, nurse, and machine operator/teacher.

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