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Workers wanted: Skilled-labor shortage hinders business boom!

  © Getty Images This article is written by ROSS CAREY, executive vice president of Business Banking at U.S. Bank and chairman of the Consumer Bankers Association. And, was published on – THE HILL, 06/01/17   If economic trends continue as expected, Friday’s all-important jobs report will show further strengthening of the labor market and a declining jobless rate across the nation. With national unemployment at a 10-year low, the U.S. economy has arrived at a pivotal moment. In conversations […]

Know Your Value So They’ll Pay Your Price

Your Personal Pricing Young entrepreneurs frequently ask me: “Why do you do this for a living?” Well, I tell them, I know my value relative to the price that any employer (customer) is going to pay me (service provider) for consistently delivering that value to them as a paid employee. While I came prepared to answer business & pricing model design questions in front of a live student audience, I hadn’t realized that the value model was the basis for my […]

Practice Over Theory

Keeping Tally! A protégé of mine recently contacted me about his disappointment in his entrepreneurship professor’s poor attempt at team building…a seasonal arts and crafts exercise. Our phone chat led to an engaged discussion about my thoughts on an article he had come across as it relates to his desire to emulate what my business partners and I do as practicing entrepreneurs. The Finance & Philosophy major got the following reader’s digest of this article from me: Investors, of varied […]

Our Resident Fellows Are Returning Back Home

  Chicago, IL, May 25: On May 1, Startup Port welcomed two U.S. Department of State sponsored Professional Fellows via WorldChicago’s Tech Innovation, Entrepreneurship and Education Program. It’s hard to believe how three weeks have flown by. It’s time for them to go back to their homeland. It has been a great pleasure hosting Igor Mirkovic (From Croatia) and Mirza Resic (From Bosnia) at Startup Port. Igor’s knowledge in the IT business development field has helped not only Startup […]

Startup Port has moved to our new office space!

We’ve taken offices at the McCormick Building on Michigan Avenue where we’ve secured discounted rental rates for the startups that work with us. If you’re a startup, investor or potential partner / affiliate looking for space, work with us today. The McCormick Building with it’s location provides close proximity to Lake Michigan, Millennium Park, The Art Institute of Chicago, Orchestra Hall, the University Club, the Palmer House Hotel, the Chicago Athletic Club and the Chicago Club within a few blocks […]

You don’t have time to babysit…

Do you like the culture in your company? Your to-do list is a mile long and you don’t have the time to babysit and police everyone’s behavior but you see problems with your culture. This is an issue many entrepreneurs face. The truth is, it is your responsibility to hold the standard and make sure everyone else does as well. You must […]

Interns: A money saving strategy!

Interns: A money saving strategy!

A money-saving strategy  With a smaller budget, it can be difficult to source the kind of help you need for your business to grow. Finding support doesn’t have to be difficult or expensive. Universities throughout the country are packed with undergraduate and in some cases graduate […]

Do you like the culture of our company?

Do you like the culture in your company? Your to-do list is a mile long and you don’t have the time to babysit and police everyone’s behavior but you see problems with your culture. This is an issue many entrepreneurs face. The truth is, it is your responsibility to hold the standard and make […]

Friday Perspective:

Friday Perspective:

This vain presumption of understanding everything can have no other basis than never understanding anything. For anyone who had experienced just once the perfect understanding of one single thing, and had truly tasted how knowledge is accomplished, would recognize that of the infinity of other truths he understands nothing. From “Dialogo sopra i due Massimi Sistemi del Mondo” (1632) Galileo Galilei […]

Dealing with customer objectives

Use it to your advantage Many entrepreneurs dread hearing client objections. The truth is hearing and understanding client objections is extremely beneficial to your sales process. Objections tell you exactly what you need to say and do to get the job done. When potential clients are expressing concerns, don’t become flustered. Use the information to […]

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