Start Your Business Without Going Broke

Thinking of starting a business, but unsure of where you will find the cash to open the doors? Here are a few tips on how to launch a business with little to no money out of pocket.

What's the Latest Development?


Starting your business without raising millions of venture capital dollars is possible, says career business CEO Selena Cuffe. And knowing how to make your finances work is essential to seizing that moment when you know the market needs a new product or service. Cuffe's first piece of advice is not to quit your day job. Not yet, at least. Until your business idea is mature enough, working your 9-to-5 can financially support your impromptu expenses and preserve a little peace of mind.

What's the Big Idea?

There no greater tool for prospective entrepreneurs than the Internet. Online cost comparisons and essential regulation information are readily available. The Internet also puts you in touch with small outsourcing companies that can relieve the burden of business minutia. Finally, Cuffe advises not to fear the kindness of strangers (or friends and family). Whether soliciting an alumni network or taking on volunteers to learn the business, always be looking to expand by word of mouth.

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Trusting your instincts is lazy: Poker pro Liv Boeree on Big Think Edge

International poker champion Liv Boeree teaches decision-making for Big Think Edge.

Big Think Edge
  • Learn to make decisions with the clarity of a World Series Poker Champion.
  • Liv Boeree teaches analytical thinking for Big Think Edge.
  • Subscribe to Big Think Edge before we launch on March 30 to get 20% off monthly and annual memberships.
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Are you an overbuyer or an underbuyer?

One way to limit clutter is by being mindful of your spending.

Videos
  • Overbuyers are people who love to buy — they stockpile things as a result. These are individuals who are prone to run out of space in trying to store their stuff and they may even lose track of what — and how much of what — they have.
  • One way overbuyers can limit their waste, both money and space wise, is by storing items at the store, and then buy them when they really need them.
  • Underbuyers tend to go to extraordinary lengths to not buy things. They save money and do fewer errands, however, they often make do with shabby personal items. They may also, when they finally decide to go out to buy a product, go without entirely because the item may no longer be available.

Here's when machines will take your job, as predicted by A.I. gurus

An MIT study predicts when artificial intelligence will take over for humans in different occupations.

Photo credit: YOSHIKAZU TSUNO / AFP / Getty Images
Surprising Science

While technology develops at exponential speed, transforming how we go about our everyday tasks and extending our lives, it also offers much to worry about. In particular, many top minds think that automation will cost humans their employment, with up to 47% of all jobs gone in the next 25 years. And chances are, this number could be even higher and the massive job loss will come earlier.

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A new study has investigated who watched the ISIS beheading videos, why, and what effect it had on them

This is the first study to explore not only what percentage of people in the general population choose to watch videos of graphic real-life violence, but also why.

Mind & Brain

In the summer of 2014, two videos were released that shocked the world. They showed the beheadings, by ISIS, of two American journalists – first, James Foley and then Steven Sotloff. Though the videos were widely discussed on TV, print and online news, most outlets did not show the full footage. However, it was not difficult to find links to the videos online.

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